1 00:00:02,480 --> 00:00:07,320 Speaker 1: Bloomberg Audio Studios, podcasts, radio News. 2 00:00:08,520 --> 00:00:12,400 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,440 --> 00:00:15,840 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,520 --> 00:00:18,240 Speaker 3: I'm Carol Masser with den Steinbeck. 5 00:00:18,320 --> 00:00:19,640 Speaker 1: Let's get to some stocks on the move. 6 00:00:19,680 --> 00:00:20,720 Speaker 2: Billy Lipschhealt, He's. 7 00:00:20,560 --> 00:00:21,840 Speaker 3: Bloomberg News Equity's reporter. 8 00:00:21,960 --> 00:00:25,840 Speaker 1: He's in our studio with some movers. Dell. This was 9 00:00:25,840 --> 00:00:27,200 Speaker 1: definitely one to watch today. 10 00:00:27,440 --> 00:00:31,240 Speaker 4: Dell ticker Dell del worst performer in the sm P 11 00:00:31,360 --> 00:00:35,320 Speaker 4: five hundred, down eight point four percent, closing at the 12 00:00:35,320 --> 00:00:40,400 Speaker 4: lowest level since early September. This came after Morgan Stanley 13 00:00:40,440 --> 00:00:44,159 Speaker 4: downgraded the stock in some peers on sluggish demand, basically 14 00:00:44,200 --> 00:00:47,800 Speaker 4: saying that this whole super cycle about memory that's lifting 15 00:00:47,840 --> 00:00:50,080 Speaker 4: Micron and lifting some of these chip makers is actually 16 00:00:50,159 --> 00:00:53,000 Speaker 4: going to hurt their bottom line, hurt their businesses. So 17 00:00:53,120 --> 00:00:55,720 Speaker 4: not only does it impact margins when chips are more expensive, 18 00:00:55,880 --> 00:00:58,240 Speaker 4: they're also worried a bit about what the impacts will 19 00:00:58,280 --> 00:01:00,720 Speaker 4: be for the broader economy. So people don't want to 20 00:01:00,760 --> 00:01:02,640 Speaker 4: pay up for a few hundred dollars or one thousand 21 00:01:02,640 --> 00:01:05,240 Speaker 4: dollars for new computer. Then not only are dealing with 22 00:01:05,280 --> 00:01:07,839 Speaker 4: more expensive inputs than people aren't really buying it. 23 00:01:08,120 --> 00:01:11,319 Speaker 3: A double down grade. They like they went like two 24 00:01:11,400 --> 00:01:12,760 Speaker 3: levels right, two levels. 25 00:01:12,480 --> 00:01:14,000 Speaker 4: Yeah, which is not good. 26 00:01:14,319 --> 00:01:17,240 Speaker 3: We don't see that this year shares only after today 27 00:01:17,280 --> 00:01:19,600 Speaker 3: shares only up six point three percent so far this year. 28 00:01:19,720 --> 00:01:21,679 Speaker 1: I think I had tear for they were tear eight 29 00:01:22,040 --> 00:01:22,480 Speaker 1: for a while. 30 00:01:22,600 --> 00:01:26,360 Speaker 4: Dell was on a tear. IBM was going to reshape 31 00:01:26,400 --> 00:01:29,559 Speaker 4: and reinvigorate itself. Big Blue was on quite a tear 32 00:01:29,560 --> 00:01:31,080 Speaker 4: though that still is right now at tw hundred and 33 00:01:31,120 --> 00:01:33,640 Speaker 4: ninety seven bucks. A year ago was closer to two 34 00:01:33,720 --> 00:01:35,560 Speaker 4: hundred and eight, So a big win still for IBM, 35 00:01:35,640 --> 00:01:37,919 Speaker 4: but seeing kind of the older names underperformed. 36 00:01:37,920 --> 00:01:40,520 Speaker 1: IBM's up thirty five percent this year back to Dell. 37 00:01:40,560 --> 00:01:42,480 Speaker 3: If you were to go to the April lows, you know, 38 00:01:42,520 --> 00:01:46,360 Speaker 3: post quote unquot Liberation Day, up to the highs, which 39 00:01:46,400 --> 00:01:49,200 Speaker 3: were at the end of October just before Halloween October 40 00:01:49,240 --> 00:01:51,160 Speaker 3: twenty eight, that was a one hundred and thirty three 41 00:01:51,200 --> 00:01:56,600 Speaker 3: percent increase there. But since that high earlier this year, 42 00:01:57,560 --> 00:01:59,760 Speaker 3: shares have lost just about a quarter of their value. 43 00:02:00,120 --> 00:02:02,360 Speaker 4: Doing great, but the whole market has kind of underperformed, 44 00:02:02,760 --> 00:02:05,000 Speaker 4: Like even the Map seven names are not what they 45 00:02:05,320 --> 00:02:06,320 Speaker 4: have recently been. 46 00:02:06,440 --> 00:02:09,079 Speaker 3: Probably speaking, let's talk about getting on a plane and 47 00:02:09,080 --> 00:02:10,040 Speaker 3: getting somewhere warm. 48 00:02:10,240 --> 00:02:14,040 Speaker 1: Well, so you mentioned post and where there's light outside, where. 49 00:02:13,919 --> 00:02:18,600 Speaker 4: There's light outside, where you mentioned post liberation day. Expedia 50 00:02:18,720 --> 00:02:22,440 Speaker 4: to your expe and booking ticker BKNG both having their 51 00:02:22,480 --> 00:02:26,480 Speaker 4: worst days since the day after Liberation Day tariff announcements. 52 00:02:27,000 --> 00:02:29,799 Speaker 4: Expedia down seven point eight percent, Booking down four point 53 00:02:29,840 --> 00:02:34,200 Speaker 4: eight percent. This comes after the Google boogeyman strikes again, 54 00:02:34,680 --> 00:02:37,960 Speaker 4: so online travel agencies under pressure. Google announcing they have 55 00:02:37,960 --> 00:02:40,720 Speaker 4: an AI powered feature that enables people the book flights 56 00:02:40,720 --> 00:02:43,160 Speaker 4: and hotels. Basically, you describe what you want to do 57 00:02:43,440 --> 00:02:45,280 Speaker 4: and they're going to book it for you. Is the vision. 58 00:02:45,320 --> 00:02:47,440 Speaker 4: At least, we saw a couple of analysts come out 59 00:02:47,480 --> 00:02:50,040 Speaker 4: and kind of defend the stocks, saying, you know, an 60 00:02:50,080 --> 00:02:52,919 Speaker 4: idea is different than taking market share. But we've seen 61 00:02:52,919 --> 00:02:55,320 Speaker 4: this with Google, We've seen this with Amazon. Amazon, and 62 00:02:55,400 --> 00:02:58,320 Speaker 4: one point was triggering cell offs and medical device makers 63 00:02:58,320 --> 00:03:00,160 Speaker 4: because there was just a fear that they were going 64 00:03:00,200 --> 00:03:00,959 Speaker 4: to get into the space. 65 00:03:01,360 --> 00:03:04,639 Speaker 1: I've tried which part to get into the medical hoop 66 00:03:04,639 --> 00:03:06,000 Speaker 1: device space, No, to get. 67 00:03:05,919 --> 00:03:09,240 Speaker 3: Like you know, have an ll M, make me some 68 00:03:09,280 --> 00:03:11,200 Speaker 3: sort of trip or something. People say, this is a 69 00:03:11,240 --> 00:03:12,160 Speaker 3: great did not work. 70 00:03:13,000 --> 00:03:16,200 Speaker 1: I've heard people I'm so somewhere where. Somebody got stranded 71 00:03:16,200 --> 00:03:19,280 Speaker 1: somewhere and they used I think chachipet to figure their way. 72 00:03:19,400 --> 00:03:21,639 Speaker 3: Who was we were talking to someone about this last week? 73 00:03:22,400 --> 00:03:23,680 Speaker 1: Somebody in Portugal, wasn't it. 74 00:03:23,760 --> 00:03:27,120 Speaker 3: We weren't in Portugal, No, we weren't. But who was 75 00:03:27,200 --> 00:03:27,960 Speaker 3: my sister's friend? 76 00:03:28,400 --> 00:03:31,040 Speaker 4: Yes, it didn't work out. 77 00:03:31,480 --> 00:03:33,360 Speaker 3: Dinner We were at dinner at dev with my sister 78 00:03:33,400 --> 00:03:33,919 Speaker 3: and her friend. 79 00:03:34,160 --> 00:03:36,960 Speaker 4: We have been on the road. We're just like, who what? 80 00:03:37,240 --> 00:03:39,640 Speaker 3: And they were stuck in She was stuck in the Azores, 81 00:03:40,000 --> 00:03:41,600 Speaker 3: was trying to figure out how to get out of 82 00:03:41,800 --> 00:03:43,920 Speaker 3: get off this, get me off the island. And they 83 00:03:44,000 --> 00:03:46,280 Speaker 3: used she said, they used chatty pet and they were 84 00:03:46,320 --> 00:03:46,800 Speaker 3: able to succe. 85 00:03:46,880 --> 00:03:49,360 Speaker 1: We eventually got there. It worked, but it worked, she said, 86 00:03:49,400 --> 00:03:55,040 Speaker 1: it really worked. Well, Okay, it's only Monday, not even Tuesday, lemon. 87 00:03:55,840 --> 00:03:57,160 Speaker 1: Let's go to Alphabet. 88 00:03:57,600 --> 00:04:00,280 Speaker 4: Alphabet the best performer in the s and P. Five hundred, 89 00:04:00,480 --> 00:04:02,880 Speaker 4: one of the few that lifted this sp up. So 90 00:04:02,920 --> 00:04:05,760 Speaker 4: when you look at just a points basis five point 91 00:04:05,760 --> 00:04:08,680 Speaker 4: eight points and four point seven points that kept the 92 00:04:08,720 --> 00:04:11,040 Speaker 4: major averages from what would have been an even worse 93 00:04:11,160 --> 00:04:12,840 Speaker 4: day when you look at kind of the other performance, 94 00:04:12,920 --> 00:04:16,840 Speaker 4: SMP closing off almost one percent, but alphabet ticker go 95 00:04:17,040 --> 00:04:20,040 Speaker 4: G L up more than three percent at one point 96 00:04:20,040 --> 00:04:21,360 Speaker 4: looked like it was on pace to close at a 97 00:04:21,400 --> 00:04:25,200 Speaker 4: record high. It's always interesting when we have thirteen f filings 98 00:04:25,120 --> 00:04:26,400 Speaker 4: happened on a Friday. 99 00:04:26,200 --> 00:04:28,840 Speaker 1: So this I felt like this was right under the radar. 100 00:04:28,880 --> 00:04:31,160 Speaker 4: I der the radar after four pm on a Friday, 101 00:04:31,240 --> 00:04:35,000 Speaker 4: or you kidding me? Disclosing that Berkshire Hathaway acquired seventeen 102 00:04:35,040 --> 00:04:37,719 Speaker 4: point nine million shares four point nine billion dollars. Stay, 103 00:04:37,760 --> 00:04:38,479 Speaker 4: nobody will notice? 104 00:04:38,560 --> 00:04:42,039 Speaker 3: Nobody didn't. People were well, you guys were on air. 105 00:04:42,120 --> 00:04:46,359 Speaker 1: So I didn't realize it until this morning. Yeah, and 106 00:04:46,400 --> 00:04:48,480 Speaker 1: I was like, why is this so much? I'm like, wait, 107 00:04:48,520 --> 00:04:49,840 Speaker 1: what did it do? Uh? 108 00:04:49,920 --> 00:04:53,680 Speaker 4: Oh yeah, yeah, so here's your answer. But yeah, weren't. 109 00:04:53,480 --> 00:04:55,880 Speaker 1: Right Berkshire boom step of approval. 110 00:04:56,839 --> 00:04:59,000 Speaker 4: I'm gonna sat right, but I'm going to be more 111 00:04:59,000 --> 00:05:01,920 Speaker 4: interested now than buff If it is stepping away, what happens. 112 00:05:01,960 --> 00:05:04,279 Speaker 4: Do we still see these Berkshire halfway bumps or do 113 00:05:04,320 --> 00:05:06,159 Speaker 4: we see people kind of say, oh, I guess you 114 00:05:06,160 --> 00:05:07,479 Speaker 4: know Orklho Maha. 115 00:05:07,640 --> 00:05:09,800 Speaker 1: I think to be fair, I mean you and I 116 00:05:09,800 --> 00:05:12,840 Speaker 1: were talking about Apple and they get the new folks 117 00:05:12,920 --> 00:05:16,200 Speaker 1: in charge. They have been having an impact on some 118 00:05:16,240 --> 00:05:18,039 Speaker 1: of the names that they that berks has been buying 119 00:05:18,080 --> 00:05:21,120 Speaker 1: for a while. But you're right, right, like it'll be 120 00:05:21,160 --> 00:05:21,560 Speaker 1: in It's. 121 00:05:21,839 --> 00:05:24,600 Speaker 4: Different, It'll be different because everyone's like, what did Buffett do? 122 00:05:24,720 --> 00:05:24,880 Speaker 1: Now? 123 00:05:24,880 --> 00:05:28,600 Speaker 4: It's like what yeah, buffet list Berkshire do love it, 124 00:05:28,720 --> 00:05:29,440 Speaker 4: Liss Berkshire. 125 00:05:30,800 --> 00:05:34,800 Speaker 2: The Stock Movers Report from Bloomberg Radio. Check back with 126 00:05:34,880 --> 00:05:37,480 Speaker 2: us throughout the day for the latest roundup of companies 127 00:05:37,520 --> 00:05:40,599 Speaker 2: making news on Wall Street and for the latest market 128 00:05:40,680 --> 00:05:45,120 Speaker 2: moving headlines. 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