1 00:00:02,520 --> 00:00:08,800 Speaker 1: Bloomberg Audio Studios podcasts, radio news, The. 2 00:00:08,880 --> 00:00:13,160 Speaker 2: Stock Movers podcast, your roundup of companies making moves in 3 00:00:13,200 --> 00:00:16,480 Speaker 2: the stock market, harnessing the power of Bloomberg data. 4 00:00:17,960 --> 00:00:19,880 Speaker 1: Let's take a look at some stocks on the move today. 5 00:00:19,920 --> 00:00:23,079 Speaker 1: We are joined by Bloomberg's Credit, Gupta and Creti. Let's 6 00:00:23,120 --> 00:00:25,920 Speaker 1: start with Tesla. Of course, there's been so much volatility 7 00:00:25,960 --> 00:00:29,600 Speaker 1: around this stock. Now we're getting delivery numbers. Good morning, 8 00:00:30,080 --> 00:00:31,000 Speaker 1: Good morning, Nathan. 9 00:00:31,040 --> 00:00:33,120 Speaker 3: We absolutely are, and Tesla is one of those stocks, 10 00:00:33,159 --> 00:00:36,440 Speaker 3: to your point, that moves with the wind, if you will. 11 00:00:36,479 --> 00:00:38,839 Speaker 3: Some of it was associated with the Trump trade, some 12 00:00:38,880 --> 00:00:40,960 Speaker 3: of it was associated, of course, the EV trade, and 13 00:00:41,000 --> 00:00:44,000 Speaker 3: now it's a lot of retail volume there. Nevertheless, it 14 00:00:44,040 --> 00:00:47,560 Speaker 3: is of course one of the biggest companies in the 15 00:00:47,640 --> 00:00:48,880 Speaker 3: S and P five hundreds, so that's going to be 16 00:00:48,960 --> 00:00:49,560 Speaker 3: something to watch. 17 00:00:49,600 --> 00:00:50,800 Speaker 4: You mention those delivery numbers. 18 00:00:50,880 --> 00:00:52,720 Speaker 3: We're getting some of the China numbers as well, and 19 00:00:52,760 --> 00:00:55,160 Speaker 3: this is kind of a second piece of. 20 00:00:55,200 --> 00:00:56,840 Speaker 4: Data from some of the numbers we had got in 21 00:00:56,920 --> 00:00:57,319 Speaker 4: terms of. 22 00:00:57,320 --> 00:01:01,720 Speaker 3: Sales in their Apack region yesterday as well. So keep 23 00:01:01,760 --> 00:01:03,360 Speaker 3: in mind that we've already some of this is already 24 00:01:03,400 --> 00:01:06,240 Speaker 3: kind of priced in, but Tesla, China's marsh deliveries are 25 00:01:06,280 --> 00:01:09,120 Speaker 3: down about eleven and a half percent year over year. 26 00:01:09,240 --> 00:01:11,839 Speaker 4: This is preliminary data. 27 00:01:11,440 --> 00:01:14,560 Speaker 3: From the China Passenger Car Association, so we are still 28 00:01:14,600 --> 00:01:15,679 Speaker 3: waiting for those final numbers. 29 00:01:15,720 --> 00:01:17,399 Speaker 4: The sales here, though, are what matters. 30 00:01:17,440 --> 00:01:19,720 Speaker 3: What you need to know is that Tesla is not 31 00:01:19,760 --> 00:01:22,280 Speaker 3: doing as well in China as it once was, and 32 00:01:22,280 --> 00:01:24,600 Speaker 3: that is this message that we had gotten yesterday as well. 33 00:01:25,040 --> 00:01:27,119 Speaker 3: Shares are dropping quite a bit, down about two point 34 00:01:27,160 --> 00:01:30,720 Speaker 3: fourard percent this morning. Tsla is your ticker two hundred 35 00:01:30,760 --> 00:01:33,479 Speaker 3: and sixty two dollars a share. It is your biggest 36 00:01:33,920 --> 00:01:36,000 Speaker 3: move to the downside or downside mover, I should say 37 00:01:36,160 --> 00:01:37,720 Speaker 3: in the s and P five hundred and went on 38 00:01:37,760 --> 00:01:39,600 Speaker 3: a pre market basis, so really keep an eye on that. 39 00:01:39,640 --> 00:01:43,360 Speaker 3: But right on its heels dropping this morning is Palentier shares. 40 00:01:43,400 --> 00:01:46,600 Speaker 3: This is another major company that has partnership with a 41 00:01:46,640 --> 00:01:48,720 Speaker 3: lot of the hyperscalers. Is very much an AI play 42 00:01:49,120 --> 00:01:52,880 Speaker 3: this morning, and is again also very volatile, like Tesla, 43 00:01:52,960 --> 00:01:56,520 Speaker 3: dropping quite a bit. PLTR is your ticker down about 44 00:01:56,560 --> 00:01:59,800 Speaker 3: two point four percent this morning, and like I said, 45 00:01:59,800 --> 00:02:01,880 Speaker 3: this is one of those very volatile stocks like Tesla, 46 00:02:01,960 --> 00:02:04,400 Speaker 3: So keep an eye. They tend to trade together on 47 00:02:04,440 --> 00:02:07,640 Speaker 3: that kind of technology momentum trade that we that we 48 00:02:07,760 --> 00:02:08,280 Speaker 3: like to keep. 49 00:02:08,120 --> 00:02:08,560 Speaker 4: An eye on. 50 00:02:08,720 --> 00:02:10,600 Speaker 3: I'm gonna go sector by sector here, Nathan, because it 51 00:02:10,680 --> 00:02:13,520 Speaker 3: is of course Liberation Day, as Donald Trump likes to 52 00:02:13,560 --> 00:02:15,840 Speaker 3: call it, and that does mean that tech is very 53 00:02:15,919 --> 00:02:19,079 Speaker 3: much in focus in terms of the reciprocity that you're 54 00:02:19,080 --> 00:02:21,120 Speaker 3: gonna get not just from China but the EU as well, 55 00:02:21,160 --> 00:02:23,600 Speaker 3: and that is going to hit the supply chains potentially 56 00:02:23,880 --> 00:02:25,600 Speaker 3: of a lot of these names. Amazon is front and 57 00:02:25,680 --> 00:02:28,680 Speaker 3: center there, AMZN down about one point one percent, trading 58 00:02:28,680 --> 00:02:31,480 Speaker 3: out one hundred and ninety dollars a share. Similar story 59 00:02:31,680 --> 00:02:33,799 Speaker 3: in the chip sector with likes the qual Com seen 60 00:02:33,880 --> 00:02:36,800 Speaker 3: quite a bit of a heavy volume this morning. Qcom 61 00:02:36,919 --> 00:02:38,919 Speaker 3: is your ticker there, down about nine tenths of one 62 00:02:38,960 --> 00:02:43,040 Speaker 3: first percent, one hundred and fifty one dollars and change. 63 00:02:43,080 --> 00:02:44,840 Speaker 4: But Nathan, is a lot of doom and gloom. 64 00:02:44,880 --> 00:02:47,640 Speaker 3: Let me give you at least one positive this morning, 65 00:02:47,960 --> 00:02:52,040 Speaker 3: if I can, and that is Charles Schwab. Schw your 66 00:02:52,080 --> 00:02:54,959 Speaker 3: biggest upside mover in the S and P five hundred 67 00:02:54,960 --> 00:02:57,720 Speaker 3: this morning, hired by about one point seven percent. This 68 00:02:57,840 --> 00:03:01,560 Speaker 3: is coming off of the call of at City, upgrading 69 00:03:01,600 --> 00:03:03,720 Speaker 3: the stock from a neutral to way buy, a price 70 00:03:03,760 --> 00:03:05,800 Speaker 3: target about one hundred and two dollars a share. It 71 00:03:05,840 --> 00:03:08,840 Speaker 3: was previously rated at about an eighty two dollar shar mark. 72 00:03:08,840 --> 00:03:11,080 Speaker 3: It's treating right now about seventy nine dollars, so again 73 00:03:11,600 --> 00:03:14,359 Speaker 3: from pretty big upsight there, the firm seeing potential for 74 00:03:14,440 --> 00:03:18,639 Speaker 3: an improving net new asset story, as Schwab quotes, shifts 75 00:03:18,840 --> 00:03:21,640 Speaker 3: to the offense. Now some spicy words there from City, 76 00:03:21,639 --> 00:03:24,000 Speaker 3: but enough to move the stock Charles Schwab hire by 77 00:03:24,040 --> 00:03:25,120 Speaker 3: about one point four percent. 78 00:03:26,560 --> 00:03:30,680 Speaker 2: The Stock Movers podcast from Bloomberg Radio. Check back with 79 00:03:30,800 --> 00:03:33,519 Speaker 2: us throughout the day for the latest roundup of companies 80 00:03:33,600 --> 00:03:36,640 Speaker 2: making news on Wall Street and for the latest market 81 00:03:36,680 --> 00:03:41,040 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 82 00:03:41,080 --> 00:03:44,320 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 83 00:03:44,400 --> 00:03:45,880 Speaker 2: the Bloomberg Business app.