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 Mover's Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,800 --> 00:00:18,599 Speaker 1: Let's take a look at some stocks on the move today. 5 00:00:18,640 --> 00:00:21,720 Speaker 1: I'm Nathan Hager, joined by Bloomberg's Kriti Gupta. Of course 6 00:00:21,800 --> 00:00:25,640 Speaker 1: Critty all eyes on Nvidia this morning, but we have 7 00:00:25,760 --> 00:00:29,160 Speaker 1: more earnings just crossing from Macy's. 8 00:00:29,360 --> 00:00:32,400 Speaker 3: Good morning, Good morning, Nathan. Yeah, Vidio is not the 9 00:00:32,400 --> 00:00:34,640 Speaker 3: only game in town. Macy's time to take the spotlight 10 00:00:34,680 --> 00:00:37,680 Speaker 3: here this morning. Down about one percent in the pre market. 11 00:00:37,680 --> 00:00:40,720 Speaker 3: Your ticker is just the letter M trading just shy 12 00:00:40,800 --> 00:00:43,120 Speaker 3: of twelve dollars a share. Now, as you say, the 13 00:00:43,159 --> 00:00:45,960 Speaker 3: earnings are crossing the wire, they're cutting their profit outlook 14 00:00:46,360 --> 00:00:49,440 Speaker 3: and they're citing the T word tariffs. They're also talking 15 00:00:49,440 --> 00:00:52,199 Speaker 3: about promotions that are hitting their bottom line. Let me 16 00:00:52,240 --> 00:00:54,480 Speaker 3: walk you through some of these numbers if I can, Nathan, 17 00:00:54,520 --> 00:00:58,240 Speaker 3: because on the surface they actually look decent. And this 18 00:00:58,280 --> 00:01:00,320 Speaker 3: is interesting here the first quarter of justin net profit 19 00:01:00,360 --> 00:01:03,160 Speaker 3: coming in at forty six million. The estimate was about 20 00:01:03,160 --> 00:01:05,760 Speaker 3: forty million, So again on the surface, it is actually 21 00:01:05,800 --> 00:01:09,000 Speaker 3: a positive number. Their net sales coming in stronger as well, 22 00:01:09,040 --> 00:01:12,200 Speaker 3: four point six billion dollars. The estimate there about just 23 00:01:12,240 --> 00:01:15,560 Speaker 3: shy a four point five So again positive results when 24 00:01:15,600 --> 00:01:17,640 Speaker 3: it comes to the quarter that they're reporting on, but 25 00:01:17,640 --> 00:01:20,240 Speaker 3: they're saying their outlook is the problem here and again 26 00:01:20,440 --> 00:01:23,199 Speaker 3: really citing the T word, the tariff story. Their gross 27 00:01:23,200 --> 00:01:25,800 Speaker 3: margin coming in bang in line though, so perhaps that's 28 00:01:25,800 --> 00:01:28,440 Speaker 3: also where some of the pain lies. You're starting to 29 00:01:28,440 --> 00:01:31,679 Speaker 3: see mac shares continue to drop on those headlines. They're 30 00:01:31,720 --> 00:01:34,680 Speaker 3: also forecasting a change in their EPs, which for the 31 00:01:34,760 --> 00:01:37,959 Speaker 3: quarter that they're reporting on right now did come and 32 00:01:38,000 --> 00:01:40,320 Speaker 3: shy their full year just at EPs now at a 33 00:01:40,440 --> 00:01:43,360 Speaker 3: range of a dollar sixty to two dollars. That was 34 00:01:43,840 --> 00:01:45,759 Speaker 3: a previous range of about two dollars and five cents 35 00:01:45,760 --> 00:01:47,600 Speaker 3: to two dollars twenty five cents. So you can already 36 00:01:47,600 --> 00:01:51,640 Speaker 3: see that they are reacting prettily heavily to that. So 37 00:01:51,720 --> 00:01:55,240 Speaker 3: mac shares again the tickers letter m training at eleven 38 00:01:55,280 --> 00:01:58,160 Speaker 3: dollars and ninety cents. This morning, Nathan, I'm gonna bring 39 00:01:58,200 --> 00:02:00,400 Speaker 3: a little bit of Europe to the Ani States in 40 00:02:00,440 --> 00:02:02,720 Speaker 3: the pre market check if I can talk about Stilantis 41 00:02:02,800 --> 00:02:06,240 Speaker 3: this morning. Stla is your taker These are the ADRs 42 00:02:06,400 --> 00:02:08,960 Speaker 3: for the company that is listed over in the States. 43 00:02:08,960 --> 00:02:11,519 Speaker 3: We know they've been on the search for a new 44 00:02:11,560 --> 00:02:14,080 Speaker 3: CEO for quite some time, as Carlos Tavas took a 45 00:02:14,120 --> 00:02:16,920 Speaker 3: step back back in December. So their new CEO is 46 00:02:16,960 --> 00:02:20,519 Speaker 3: announced largely expected. The man who headed up their US 47 00:02:20,639 --> 00:02:23,519 Speaker 3: business is now being put in the chief spot. The 48 00:02:23,560 --> 00:02:26,520 Speaker 3: idea here simply being that they're his expertise in the 49 00:02:26,680 --> 00:02:30,600 Speaker 3: US can't actually help perhaps gear the country or excuse 50 00:02:30,919 --> 00:02:34,880 Speaker 3: gear the company, I should say to through the tariff volatility. 51 00:02:34,880 --> 00:02:37,239 Speaker 3: Those shares nevertheless down about six tens of one percent. 52 00:02:37,360 --> 00:02:39,560 Speaker 3: STLA is your taker. We should mention that in the 53 00:02:39,600 --> 00:02:42,800 Speaker 3: last quarter Slant has had a fifteen percent slump in 54 00:02:42,840 --> 00:02:45,800 Speaker 3: their US share, So some mixed reactions when it comes 55 00:02:45,919 --> 00:02:48,560 Speaker 3: to that story. I want to quickly get a quick 56 00:02:48,639 --> 00:02:51,120 Speaker 3: check on Honeywell this morning, because it looks like they've come, 57 00:02:51,400 --> 00:02:53,400 Speaker 3: at least according to the Wall Street Journal, to some 58 00:02:53,440 --> 00:02:56,560 Speaker 3: sort of agreement when it comes to the Elliott activist 59 00:02:56,639 --> 00:03:00,320 Speaker 3: story for their stock. They're entering a cooperation pact, according 60 00:03:00,360 --> 00:03:03,200 Speaker 3: to the Wall Street Journal, having an Elliott executive set 61 00:03:03,240 --> 00:03:05,959 Speaker 3: to join the Honeywell board by the end of May. 62 00:03:06,040 --> 00:03:08,680 Speaker 3: That being said, h O n is your ticker not 63 00:03:08,720 --> 00:03:10,720 Speaker 3: actually seeing a ton of movement. It's flat on the 64 00:03:10,760 --> 00:03:12,640 Speaker 3: session right now. But keep an eye on this one 65 00:03:13,040 --> 00:03:16,280 Speaker 3: going into the open, simply because this is what Elliott, 66 00:03:16,520 --> 00:03:19,919 Speaker 3: the Elliott kind of bid wanted to split Honeywell into 67 00:03:19,919 --> 00:03:22,440 Speaker 3: three different companies. So we'll see how that's received at 68 00:03:22,560 --> 00:03:26,080 Speaker 3: the open. And lastly, check on Nvidia the highlight of 69 00:03:26,120 --> 00:03:29,679 Speaker 3: today if we can. ENVDA, is your ticker again a 70 00:03:29,720 --> 00:03:31,959 Speaker 3: tear for theme kind of roiling through the entire markets 71 00:03:31,960 --> 00:03:34,320 Speaker 3: this morning? Hire by seven tens of one percent ahead 72 00:03:34,320 --> 00:03:36,600 Speaker 3: of those earnings after about one hundred and thirty six 73 00:03:36,680 --> 00:03:37,560 Speaker 3: dollars a share. 74 00:03:37,640 --> 00:03:43,000 Speaker 2: Nathan this stock mover's report from Bloomberg Radio. Check back 75 00:03:43,000 --> 00:03:45,240 Speaker 2: with us throughout the day for the latest roundup of 76 00:03:45,280 --> 00:03:48,600 Speaker 2: companies making news on Wall Street and for the latest 77 00:03:48,600 --> 00:03:52,800 Speaker 2: market moving headlines. Listen to Bloomberg Radio Live, catch us 78 00:03:52,840 --> 00:03:56,600 Speaker 2: on YouTube, Bloomberg dot com, and on Applecarplay and Android 79 00:03:56,600 --> 00:03:58,600 Speaker 2: Auto with the Bloomberg Business app.