1 00:00:02,520 --> 00:00:07,040 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 --> 00:00:16,200 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,360 --> 00:00:18,440 Speaker 3: Let's take a look at some stocks on the move today. 5 00:00:18,480 --> 00:00:22,000 Speaker 4: I'm Nathan Hager, joined by Bloomberg's Isabelle Lee on another 6 00:00:22,120 --> 00:00:26,319 Speaker 4: morning of geopolitical risk front and center. Risk off in 7 00:00:26,480 --> 00:00:32,080 Speaker 4: just about every asset except for energy commodities, and that 8 00:00:32,200 --> 00:00:34,960 Speaker 4: has to be reflected in energy stocks this morning. 9 00:00:35,000 --> 00:00:36,760 Speaker 3: Isabelle, good morning, Good. 10 00:00:36,520 --> 00:00:39,320 Speaker 1: Morning, Nathan. Exactly, we're looking at green on the screen 11 00:00:39,360 --> 00:00:42,720 Speaker 1: when it comes to oil stocks. Chevron, Valero, Energy, Exxon 12 00:00:43,200 --> 00:00:45,640 Speaker 1: all are hired by more than two percent, and of 13 00:00:45,640 --> 00:00:48,159 Speaker 1: course we know that oil it is at the center 14 00:00:48,720 --> 00:00:51,120 Speaker 1: of the markets when it comes to this crisis. We're 15 00:00:51,159 --> 00:00:54,080 Speaker 1: now entering the fourth day. We're seeing stocks pre market fell, 16 00:00:54,200 --> 00:00:57,160 Speaker 1: bond deepening losses, but not oil, so at least there 17 00:00:57,240 --> 00:00:59,480 Speaker 1: that's a little bright spot at least when it comes 18 00:00:59,560 --> 00:00:59,960 Speaker 1: to the market. 19 00:01:00,560 --> 00:01:03,920 Speaker 4: Yeah, rally in energy. We'll be tracking that throughout the day. 20 00:01:03,960 --> 00:01:06,160 Speaker 4: I'm sure we'll also be keeping an eye, I guess 21 00:01:06,240 --> 00:01:09,560 Speaker 4: on Target shares. They just reported earnings and it looks 22 00:01:09,560 --> 00:01:12,679 Speaker 4: like it caught investors by a positive surprise. 23 00:01:13,360 --> 00:01:16,720 Speaker 1: Stocks in pre market were higher around five percent. It 24 00:01:16,840 --> 00:01:18,600 Speaker 1: paired back some of those gains, so just up by 25 00:01:18,640 --> 00:01:22,279 Speaker 1: three percent, but still we see a really positive report 26 00:01:22,319 --> 00:01:25,640 Speaker 1: from Target. The company reported better than expected profit for 27 00:01:25,760 --> 00:01:28,920 Speaker 1: the full year, so this indicates that the turnaround plant 28 00:01:28,959 --> 00:01:32,559 Speaker 1: are generating results. Adjusted EPs are projected in the range 29 00:01:32,560 --> 00:01:35,200 Speaker 1: of seven dollars and fifty cents to eight dollars and 30 00:01:35,200 --> 00:01:37,560 Speaker 1: fifty cents in the current fiscal year, so the midpoint 31 00:01:37,600 --> 00:01:41,000 Speaker 1: of that, according to Bloomberg average as the mids is 32 00:01:41,240 --> 00:01:44,160 Speaker 1: above average. So the strong guidance shows that Target is 33 00:01:44,240 --> 00:01:48,320 Speaker 1: really making some progress at improving their performance. It for 34 00:01:48,360 --> 00:01:50,880 Speaker 1: a while kind of struggled a little bit as consumers 35 00:01:50,920 --> 00:01:54,400 Speaker 1: become price sensitive and as competitors just become better. But 36 00:01:54,480 --> 00:01:56,800 Speaker 1: at the end of the day, the lengthy sales slump 37 00:01:57,640 --> 00:02:01,800 Speaker 1: was really bucked by the management. And a key challenge 38 00:02:01,880 --> 00:02:04,480 Speaker 1: is that householders spending less on home decor and other 39 00:02:04,560 --> 00:02:08,240 Speaker 1: discretionary items. So I myself have trying not to decorate 40 00:02:08,520 --> 00:02:12,200 Speaker 1: my home, but at least Target reported that they're able 41 00:02:12,280 --> 00:02:12,920 Speaker 1: to mitigate that. 42 00:02:13,720 --> 00:02:16,400 Speaker 4: Among the most actively traded stocks in the pre market 43 00:02:16,760 --> 00:02:21,359 Speaker 4: to the downside, Invidia shares leading the mag seven lower. 44 00:02:21,480 --> 00:02:24,720 Speaker 1: Down by three percent. You are correct. This comes after 45 00:02:24,760 --> 00:02:29,040 Speaker 1: a Bloomberg exclusive yesterday reporting that US officials are considering 46 00:02:29,120 --> 00:02:32,760 Speaker 1: caps on the number of AI accelerators that Nvidia can 47 00:02:32,800 --> 00:02:36,919 Speaker 1: export to any one Chinese company. So the Trump administration 48 00:02:36,960 --> 00:02:39,640 Speaker 1: has talked about limiting those to buying seventy five thousand 49 00:02:39,639 --> 00:02:43,560 Speaker 1: of Nvidia's eight two hundred chips. Shipments of AMD similar 50 00:02:43,639 --> 00:02:47,720 Speaker 1: chips also would count towards the cap. The accelerators are 51 00:02:47,720 --> 00:02:50,040 Speaker 1: a price commodity in the tech world because they're used 52 00:02:50,080 --> 00:02:53,840 Speaker 1: to develop and run these really sophisticated AI models. And 53 00:02:53,960 --> 00:02:58,120 Speaker 1: this is really the news that's been slowly developing because 54 00:02:58,160 --> 00:03:00,560 Speaker 1: it's always at the headlines. Everyone is in interested at 55 00:03:00,560 --> 00:03:02,799 Speaker 1: what in video will do, because where in video goes, 56 00:03:03,000 --> 00:03:05,040 Speaker 1: the market will go. So in the pre market, at 57 00:03:05,160 --> 00:03:06,760 Speaker 1: least for now, it's in the red. 58 00:03:07,000 --> 00:03:09,280 Speaker 3: And in our last thirty seconds, Isabelle tell us the 59 00:03:09,360 --> 00:03:11,600 Speaker 3: latest reason why should we should be keeping our eyes 60 00:03:11,639 --> 00:03:13,280 Speaker 3: on Paramount sky Dance today? 61 00:03:13,639 --> 00:03:15,840 Speaker 1: Oh my gosh, what is not the latest reason? Every 62 00:03:15,919 --> 00:03:18,320 Speaker 1: day there's a headline the stock is now down by 63 00:03:18,360 --> 00:03:20,680 Speaker 1: five percent in pre market, So the latest is pitched 64 00:03:20,720 --> 00:03:24,800 Speaker 1: downgraded paramounts corporate and long term borrower ratings too junk. 65 00:03:24,960 --> 00:03:28,440 Speaker 1: This comes after its agreement to buy its large arrival, 66 00:03:28,520 --> 00:03:31,200 Speaker 1: Warner Brothers Discovery, and it's a deal that will sattle 67 00:03:31,440 --> 00:03:35,480 Speaker 1: the combined business of Paramount with seventy nine dollars seventy 68 00:03:35,560 --> 00:03:39,320 Speaker 1: nine billion dollars in net that On Monday, Paramount said 69 00:03:39,320 --> 00:03:42,880 Speaker 1: it will combine Paramount Plus and HBO Max streaming services 70 00:03:43,240 --> 00:03:46,400 Speaker 1: in a single platform. So really lots of news from 71 00:03:46,400 --> 00:03:47,680 Speaker 1: that company all day. 72 00:03:48,080 --> 00:03:52,120 Speaker 2: The Stock Movers report from Bloomberg Radio. Check back with 73 00:03:52,200 --> 00:03:54,800 Speaker 2: us throughout the day for the latest roundup of companies 74 00:03:54,840 --> 00:03:57,960 Speaker 2: making news on Wall Street and for the latest market 75 00:03:58,000 --> 00:04:02,440 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 76 00:04:02,520 --> 00:04:06,040 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 77 00:04:06,120 --> 00:04:07,560 Speaker 2: the Bloomberg Business app.