Speaker 1: Bloomberg Audio Studios, podcasts, radio News.
Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg Data.
Speaker 3: I'm Carol Masser with den Steinbeck.
Speaker 1: Let's get to some stocks on the move.
Speaker 2: Billy Lipschhealt, He's.
Speaker 3: Bloomberg News Equity's reporter.
Speaker 1: He's in our studio with some movers. Dell. This was
Speaker 1: definitely one to watch today.
Speaker 4: Dell ticker Dell del worst performer in the sm P
Speaker 4: five hundred, down eight point four percent, closing at the
Speaker 4: lowest level since early September. This came after Morgan Stanley
Speaker 4: downgraded the stock in some peers on sluggish demand, basically
Speaker 4: saying that this whole super cycle about memory that's lifting
Speaker 4: Micron and lifting some of these chip makers is actually
Speaker 4: going to hurt their bottom line, hurt their businesses. So
Speaker 4: not only does it impact margins when chips are more expensive,
Speaker 4: they're also worried a bit about what the impacts will
Speaker 4: be for the broader economy. So people don't want to
Speaker 4: pay up for a few hundred dollars or one thousand
Speaker 4: dollars for new computer. Then not only are dealing with
Speaker 4: more expensive inputs than people aren't really buying it.
Speaker 3: A double down grade. They like they went like two
Speaker 3: levels right, two levels.
Speaker 4: Yeah, which is not good.
Speaker 3: We don't see that this year shares only after today
Speaker 3: shares only up six point three percent so far this year.
Speaker 1: I think I had tear for they were tear eight
Speaker 1: for a while.
Speaker 4: Dell was on a tear. IBM was going to reshape
Speaker 4: and reinvigorate itself. Big Blue was on quite a tear
Speaker 4: though that still is right now at tw hundred and
Speaker 4: ninety seven bucks. A year ago was closer to two
Speaker 4: hundred and eight, So a big win still for IBM,
Speaker 4: but seeing kind of the older names underperformed.
Speaker 1: IBM's up thirty five percent this year back to Dell.
Speaker 3: If you were to go to the April lows, you know,
Speaker 3: post quote unquot Liberation Day, up to the highs, which
Speaker 3: were at the end of October just before Halloween October
Speaker 3: twenty eight, that was a one hundred and thirty three
Speaker 3: percent increase there. But since that high earlier this year,
Speaker 3: shares have lost just about a quarter of their value.
Speaker 4: Doing great, but the whole market has kind of underperformed,
Speaker 4: Like even the Map seven names are not what they
Speaker 4: have recently been.
Speaker 3: Probably speaking, let's talk about getting on a plane and
Speaker 3: getting somewhere warm.
Speaker 1: Well, so you mentioned post and where there's light outside, where.
Speaker 4: There's light outside, where you mentioned post liberation day. Expedia
Speaker 4: to your expe and booking ticker BKNG both having their
Speaker 4: worst days since the day after Liberation Day tariff announcements.
Speaker 4: Expedia down seven point eight percent, Booking down four point
Speaker 4: eight percent. This comes after the Google boogeyman strikes again,
Speaker 4: so online travel agencies under pressure. Google announcing they have
Speaker 4: an AI powered feature that enables people the book flights
Speaker 4: and hotels. Basically, you describe what you want to do
Speaker 4: and they're going to book it for you. Is the vision.
Speaker 4: At least, we saw a couple of analysts come out
Speaker 4: and kind of defend the stocks, saying, you know, an
Speaker 4: idea is different than taking market share. But we've seen
Speaker 4: this with Google, We've seen this with Amazon. Amazon, and
Speaker 4: one point was triggering cell offs and medical device makers
Speaker 4: because there was just a fear that they were going
Speaker 4: to get into the space.
Speaker 1: I've tried which part to get into the medical hoop
Speaker 1: device space, No, to get.
Speaker 3: Like you know, have an ll M, make me some
Speaker 3: sort of trip or something. People say, this is a
Speaker 3: great did not work.
Speaker 1: I've heard people I'm so somewhere where. Somebody got stranded
Speaker 1: somewhere and they used I think chachipet to figure their way.
Speaker 3: Who was we were talking to someone about this last week?
Speaker 1: Somebody in Portugal, wasn't it.
Speaker 3: We weren't in Portugal, No, we weren't. But who was
Speaker 3: my sister's friend?
Speaker 4: Yes, it didn't work out.
Speaker 3: Dinner We were at dinner at dev with my sister
Speaker 3: and her friend.
Speaker 4: We have been on the road. We're just like, who what?
Speaker 3: And they were stuck in She was stuck in the Azores,
Speaker 3: was trying to figure out how to get out of
Speaker 3: get off this, get me off the island. And they
Speaker 3: used she said, they used chatty pet and they were
Speaker 3: able to succe.
Speaker 1: We eventually got there. It worked, but it worked, she said,
Speaker 1: it really worked. Well, Okay, it's only Monday, not even Tuesday, lemon.
Speaker 1: Let's go to Alphabet.
Speaker 4: Alphabet the best performer in the s and P. Five hundred,
Speaker 4: one of the few that lifted this sp up. So
Speaker 4: when you look at just a points basis five point
Speaker 4: eight points and four point seven points that kept the
Speaker 4: major averages from what would have been an even worse
Speaker 4: day when you look at kind of the other performance,
Speaker 4: SMP closing off almost one percent, but alphabet ticker go
Speaker 4: G L up more than three percent at one point
Speaker 4: looked like it was on pace to close at a
Speaker 4: record high. It's always interesting when we have thirteen f filings
Speaker 4: happened on a Friday.
Speaker 1: So this I felt like this was right under the radar.
Speaker 4: I der the radar after four pm on a Friday,
Speaker 4: or you kidding me? Disclosing that Berkshire Hathaway acquired seventeen
Speaker 4: point nine million shares four point nine billion dollars. Stay,
Speaker 4: nobody will notice?
Speaker 3: Nobody didn't. People were well, you guys were on air.
Speaker 1: So I didn't realize it until this morning. Yeah, and
Speaker 1: I was like, why is this so much? I'm like, wait,
Speaker 1: what did it do? Uh?
Speaker 4: Oh yeah, yeah, so here's your answer. But yeah, weren't.
Speaker 1: Right Berkshire boom step of approval.
Speaker 4: I'm gonna sat right, but I'm going to be more
Speaker 4: interested now than buff If it is stepping away, what happens.
Speaker 4: Do we still see these Berkshire halfway bumps or do
Speaker 4: we see people kind of say, oh, I guess you
Speaker 4: know Orklho Maha.
Speaker 1: I think to be fair, I mean you and I
Speaker 1: were talking about Apple and they get the new folks
Speaker 1: in charge. They have been having an impact on some
Speaker 1: of the names that they that berks has been buying
Speaker 1: for a while. But you're right, right, like it'll be
Speaker 1: in It's.
Speaker 4: Different, It'll be different because everyone's like, what did Buffett do?
Speaker 1: Now?
Speaker 4: It's like what yeah, buffet list Berkshire do love it,
Speaker 4: Liss Berkshire.
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