WEBVTT - Dell Falls, Expedia Drops, Alphabet Rallies

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio News.

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<v Speaker 2>The Stock Movers Report, your roundup of companies making moves

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<v Speaker 2>in the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 3>I'm Carol Masser with den Steinbeck.

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<v Speaker 1>Let's get to some stocks on the move.

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<v Speaker 2>Billy Lipschhealt, He's.

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<v Speaker 3>Bloomberg News Equity's reporter.

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<v Speaker 1>He's in our studio with some movers. Dell. This was

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<v Speaker 1>definitely one to watch today.

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<v Speaker 4>Dell ticker Dell del worst performer in the sm P

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<v Speaker 4>five hundred, down eight point four percent, closing at the

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<v Speaker 4>lowest level since early September. This came after Morgan Stanley

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<v Speaker 4>downgraded the stock in some peers on sluggish demand, basically

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<v Speaker 4>saying that this whole super cycle about memory that's lifting

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<v Speaker 4>Micron and lifting some of these chip makers is actually

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<v Speaker 4>going to hurt their bottom line, hurt their businesses. So

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<v Speaker 4>not only does it impact margins when chips are more expensive,

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<v Speaker 4>they're also worried a bit about what the impacts will

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<v Speaker 4>be for the broader economy. So people don't want to

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<v Speaker 4>pay up for a few hundred dollars or one thousand

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<v Speaker 4>dollars for new computer. Then not only are dealing with

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<v Speaker 4>more expensive inputs than people aren't really buying it.

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<v Speaker 3>A double down grade. They like they went like two

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<v Speaker 3>levels right, two levels.

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<v Speaker 4>Yeah, which is not good.

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<v Speaker 3>We don't see that this year shares only after today

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<v Speaker 3>shares only up six point three percent so far this year.

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<v Speaker 1>I think I had tear for they were tear eight

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<v Speaker 1>for a while.

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<v Speaker 4>Dell was on a tear. IBM was going to reshape

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<v Speaker 4>and reinvigorate itself. Big Blue was on quite a tear

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<v Speaker 4>though that still is right now at tw hundred and

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<v Speaker 4>ninety seven bucks. A year ago was closer to two

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<v Speaker 4>hundred and eight, So a big win still for IBM,

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<v Speaker 4>but seeing kind of the older names underperformed.

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<v Speaker 1>IBM's up thirty five percent this year back to Dell.

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<v Speaker 3>If you were to go to the April lows, you know,

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<v Speaker 3>post quote unquot Liberation Day, up to the highs, which

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<v Speaker 3>were at the end of October just before Halloween October

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<v Speaker 3>twenty eight, that was a one hundred and thirty three

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<v Speaker 3>percent increase there. But since that high earlier this year,

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<v Speaker 3>shares have lost just about a quarter of their value.

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<v Speaker 4>Doing great, but the whole market has kind of underperformed,

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<v Speaker 4>Like even the Map seven names are not what they

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<v Speaker 4>have recently been.

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<v Speaker 3>Probably speaking, let's talk about getting on a plane and

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<v Speaker 3>getting somewhere warm.

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<v Speaker 1>Well, so you mentioned post and where there's light outside, where.

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<v Speaker 4>There's light outside, where you mentioned post liberation day. Expedia

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<v Speaker 4>to your expe and booking ticker BKNG both having their

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<v Speaker 4>worst days since the day after Liberation Day tariff announcements.

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<v Speaker 4>Expedia down seven point eight percent, Booking down four point

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<v Speaker 4>eight percent. This comes after the Google boogeyman strikes again,

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<v Speaker 4>so online travel agencies under pressure. Google announcing they have

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<v Speaker 4>an AI powered feature that enables people the book flights

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<v Speaker 4>and hotels. Basically, you describe what you want to do

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<v Speaker 4>and they're going to book it for you. Is the vision.

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<v Speaker 4>At least, we saw a couple of analysts come out

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<v Speaker 4>and kind of defend the stocks, saying, you know, an

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<v Speaker 4>idea is different than taking market share. But we've seen

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<v Speaker 4>this with Google, We've seen this with Amazon. Amazon, and

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<v Speaker 4>one point was triggering cell offs and medical device makers

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<v Speaker 4>because there was just a fear that they were going

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<v Speaker 4>to get into the space.

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<v Speaker 1>I've tried which part to get into the medical hoop

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<v Speaker 1>device space, No, to get.

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<v Speaker 3>Like you know, have an ll M, make me some

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<v Speaker 3>sort of trip or something. People say, this is a

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<v Speaker 3>great did not work.

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<v Speaker 1>I've heard people I'm so somewhere where. Somebody got stranded

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<v Speaker 1>somewhere and they used I think chachipet to figure their way.

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<v Speaker 3>Who was we were talking to someone about this last week?

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<v Speaker 1>Somebody in Portugal, wasn't it.

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<v Speaker 3>We weren't in Portugal, No, we weren't. But who was

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<v Speaker 3>my sister's friend?

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<v Speaker 4>Yes, it didn't work out.

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<v Speaker 3>Dinner We were at dinner at dev with my sister

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<v Speaker 3>and her friend.

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<v Speaker 4>We have been on the road. We're just like, who what?

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<v Speaker 3>And they were stuck in She was stuck in the Azores,

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<v Speaker 3>was trying to figure out how to get out of

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<v Speaker 3>get off this, get me off the island. And they

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<v Speaker 3>used she said, they used chatty pet and they were

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<v Speaker 3>able to succe.

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<v Speaker 1>We eventually got there. It worked, but it worked, she said,

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<v Speaker 1>it really worked. Well, Okay, it's only Monday, not even Tuesday, lemon.

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<v Speaker 1>Let's go to Alphabet.

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<v Speaker 4>Alphabet the best performer in the s and P. Five hundred,

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<v Speaker 4>one of the few that lifted this sp up. So

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<v Speaker 4>when you look at just a points basis five point

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<v Speaker 4>eight points and four point seven points that kept the

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<v Speaker 4>major averages from what would have been an even worse

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<v Speaker 4>day when you look at kind of the other performance,

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<v Speaker 4>SMP closing off almost one percent, but alphabet ticker go

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<v Speaker 4>G L up more than three percent at one point

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<v Speaker 4>looked like it was on pace to close at a

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<v Speaker 4>record high. It's always interesting when we have thirteen f filings

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<v Speaker 4>happened on a Friday.

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<v Speaker 1>So this I felt like this was right under the radar.

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<v Speaker 4>I der the radar after four pm on a Friday,

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<v Speaker 4>or you kidding me? Disclosing that Berkshire Hathaway acquired seventeen

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<v Speaker 4>point nine million shares four point nine billion dollars. Stay,

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<v Speaker 4>nobody will notice?

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<v Speaker 3>Nobody didn't. People were well, you guys were on air.

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<v Speaker 1>So I didn't realize it until this morning. Yeah, and

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<v Speaker 1>I was like, why is this so much? I'm like, wait,

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<v Speaker 1>what did it do? Uh?

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<v Speaker 4>Oh yeah, yeah, so here's your answer. But yeah, weren't.

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<v Speaker 1>Right Berkshire boom step of approval.

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<v Speaker 4>I'm gonna sat right, but I'm going to be more

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<v Speaker 4>interested now than buff If it is stepping away, what happens.

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<v Speaker 4>Do we still see these Berkshire halfway bumps or do

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<v Speaker 4>we see people kind of say, oh, I guess you

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<v Speaker 4>know Orklho Maha.

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<v Speaker 1>I think to be fair, I mean you and I

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<v Speaker 1>were talking about Apple and they get the new folks

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<v Speaker 1>in charge. They have been having an impact on some

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<v Speaker 1>of the names that they that berks has been buying

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<v Speaker 1>for a while. But you're right, right, like it'll be

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<v Speaker 1>in It's.

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<v Speaker 4>Different, It'll be different because everyone's like, what did Buffett do?

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<v Speaker 1>Now?

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<v Speaker 4>It's like what yeah, buffet list Berkshire do love it,

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<v Speaker 4>Liss Berkshire.

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<v Speaker 2>The Stock Movers Report from Bloomberg Radio. Check back with

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