1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, podcasts, radio News. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:16,439 Speaker 2: in the stock market, harnessing the power of Bloomberg data. Well, 4 00:00:16,480 --> 00:00:18,400 Speaker 2: let's see where the stock movers are today. 5 00:00:18,400 --> 00:00:20,800 Speaker 1: We can do that with Bloomberg's Matthew A. 6 00:00:20,880 --> 00:00:23,040 Speaker 2: Griffin. Matthew, what are you looking at today? 7 00:00:23,520 --> 00:00:26,239 Speaker 1: Well, Paul, the first thing I'd like to dig into 8 00:00:26,280 --> 00:00:29,160 Speaker 1: a little bit more is that Abercrombie report that Alexis 9 00:00:29,240 --> 00:00:32,040 Speaker 1: was just talking about, And I think the reason there 10 00:00:32,040 --> 00:00:34,680 Speaker 1: for that move is really interesting. You had first quarter 11 00:00:34,800 --> 00:00:37,960 Speaker 1: net sales growth and profit trailing estimates and the company 12 00:00:38,000 --> 00:00:42,080 Speaker 1: calling out the estimated impact of the fifteen percent global 13 00:00:42,120 --> 00:00:46,280 Speaker 1: tariff that President Donald Trump has promised. They are calling 14 00:00:46,400 --> 00:00:49,360 Speaker 1: out an impact as a percent of their net sales 15 00:00:49,400 --> 00:00:51,680 Speaker 1: of about two hundred and ninety basis points for the 16 00:00:51,680 --> 00:00:56,120 Speaker 1: first quarter, So really nothing to sneeze at there, and 17 00:00:56,480 --> 00:01:00,320 Speaker 1: you had sec Treasury Secretary to Scott Bessett just saying 18 00:01:00,400 --> 00:01:02,520 Speaker 1: that tariff may climb to fifteen percent this week. I 19 00:01:02,520 --> 00:01:03,960 Speaker 1: think this is a sign of what we're going to 20 00:01:04,000 --> 00:01:07,320 Speaker 1: see from more companies going forward. Matthew, A company that 21 00:01:07,400 --> 00:01:09,520 Speaker 1: investors always like to hear about Tesla. 22 00:01:09,600 --> 00:01:10,920 Speaker 2: What is the latest over there? 23 00:01:11,280 --> 00:01:15,520 Speaker 1: Yes, Tesla climbing ALEX about to a little more than 24 00:01:15,560 --> 00:01:19,920 Speaker 1: two percent this morning. The stock was reinstated at Bank 25 00:01:19,959 --> 00:01:22,639 Speaker 1: of America with the recommendation of buy. And the reason 26 00:01:22,680 --> 00:01:28,880 Speaker 1: is really interesting. They're talking about consumer autonomy, they're robotaxi services. 27 00:01:28,920 --> 00:01:31,920 Speaker 1: They view them as a leader there. It's the latest 28 00:01:32,160 --> 00:01:34,800 Speaker 1: in a trend we've seen with Tesla, which is that 29 00:01:34,840 --> 00:01:37,240 Speaker 1: this is a company that makes its revenue by selling 30 00:01:37,319 --> 00:01:40,880 Speaker 1: electric vehicles, and it is a company increasingly seen on 31 00:01:40,959 --> 00:01:44,440 Speaker 1: Wall Street as anything but an EV maker. They're seen 32 00:01:45,000 --> 00:01:49,080 Speaker 1: as a robotaxi stock, a physical AI stock that increasingly 33 00:01:49,160 --> 00:01:53,040 Speaker 1: drives the trading here today again, just the latest example 34 00:01:53,040 --> 00:01:53,320 Speaker 1: of this. 35 00:01:54,040 --> 00:01:55,400 Speaker 2: All right, one more, what do you got for us? 36 00:01:55,920 --> 00:01:59,200 Speaker 1: I've been keeping an eye all week on United Airlines. 37 00:01:59,360 --> 00:02:03,000 Speaker 1: They've been one of the worst hit stocks during the war. 38 00:02:03,120 --> 00:02:06,920 Speaker 1: Of course, the disruptions to energy supplies threatened to raise 39 00:02:06,960 --> 00:02:11,800 Speaker 1: fuel costs. You've got travel disruptions currently up about just 40 00:02:12,080 --> 00:02:15,560 Speaker 1: under a percent this morning, but some really choppy trading 41 00:02:15,560 --> 00:02:19,200 Speaker 1: there as traders have been parsing all these headlines. The 42 00:02:19,280 --> 00:02:22,919 Speaker 1: report that Iran might be seeking negotiations, then Iran's denial 43 00:02:23,880 --> 00:02:27,480 Speaker 1: that comes after the stock fell twelve percent over the 44 00:02:27,600 --> 00:02:32,040 Speaker 1: last three sessions. So I think this really highlights how 45 00:02:32,080 --> 00:02:35,920 Speaker 1: difficult it is for investors to keep up with all 46 00:02:35,919 --> 00:02:37,600 Speaker 1: of the developments in the Middle East, and I think 47 00:02:37,639 --> 00:02:40,320 Speaker 1: we're in for more volatile trading in travel and other 48 00:02:40,360 --> 00:02:41,080 Speaker 1: sectors like this. 49 00:02:42,400 --> 00:02:46,440 Speaker 2: The Stock Movers Report from Bloomberg Radio. Check back with 50 00:02:46,520 --> 00:02:49,079 Speaker 2: us throughout the day for the latest roundup of companies 51 00:02:49,160 --> 00:02:52,239 Speaker 2: making news on Wall Street and for the latest market 52 00:02:52,280 --> 00:02:56,760 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 53 00:02:56,840 --> 00:03:00,320 Speaker 2: Bloomberg dot com, and on Applecarplay and Android on with 54 00:03:00,400 --> 00:03:06,639 Speaker 2: the Bloomberg Business app. Mm hmm