1 00:00:02,520 --> 00:00:06,479 Speaker 1: Bloomberg Audio Studios, podcasts, radio. 2 00:00:06,640 --> 00:00:12,080 Speaker 2: News, The Stock Movers Report, your roundup of companies making 3 00:00:12,119 --> 00:00:16,320 Speaker 2: moves in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,520 --> 00:00:18,960 Speaker 3: All right, let's get to you some stocks on the move, Alex. 5 00:00:19,000 --> 00:00:22,440 Speaker 3: You're looking at the gainer, so right, certainly. 6 00:00:22,480 --> 00:00:22,720 Speaker 4: Yeah. 7 00:00:22,840 --> 00:00:26,040 Speaker 1: One sector that is having a really strong start to 8 00:00:26,120 --> 00:00:28,600 Speaker 1: twenty twenty six is the furniture stocks, and that is, 9 00:00:28,640 --> 00:00:32,400 Speaker 1: of course, after the White House House paused its tariffs 10 00:00:32,440 --> 00:00:36,560 Speaker 1: on furniture. Our Age is up about eight percent today 11 00:00:36,560 --> 00:00:39,720 Speaker 1: and then Wayfair up six percent. This is after President 12 00:00:39,760 --> 00:00:43,000 Speaker 1: Trump on Wednesday said that he would keep that twenty 13 00:00:43,040 --> 00:00:45,919 Speaker 1: five percent tariff on furniture that he issued back in September. 14 00:00:45,960 --> 00:00:48,720 Speaker 1: He was supposed to raise it to thirty percent at 15 00:00:48,760 --> 00:00:51,120 Speaker 1: the end at the start of twenty twenty six rather, 16 00:00:51,440 --> 00:00:54,720 Speaker 1: but he said that discussions around trade are going well, 17 00:00:54,800 --> 00:00:56,760 Speaker 1: so he's not going to do that. And I just 18 00:00:56,800 --> 00:00:58,720 Speaker 1: want to talk about the performance of some of these 19 00:00:58,720 --> 00:01:02,400 Speaker 1: companies last year. Wayfair sort one hundred and twenty five percent. 20 00:01:02,880 --> 00:01:05,720 Speaker 1: This was as consumers went bargain hunting opted for some 21 00:01:05,800 --> 00:01:09,280 Speaker 1: cheaper options. On the other hands, the fancier companies like 22 00:01:09,319 --> 00:01:11,880 Speaker 1: our h didn't do so well, our h down more 23 00:01:11,880 --> 00:01:14,240 Speaker 1: than fifty percent on the year. And you guys remember 24 00:01:14,240 --> 00:01:17,080 Speaker 1: that earnings call in April when the CEO actually was 25 00:01:17,200 --> 00:01:18,320 Speaker 1: watching his stock tank. 26 00:01:18,480 --> 00:01:19,960 Speaker 2: Yeah he did. 27 00:01:20,200 --> 00:01:21,280 Speaker 1: Yeah, we're not going to repeat it. 28 00:01:21,400 --> 00:01:23,200 Speaker 3: That a good thing to do, all right, Norah, you've 29 00:01:23,240 --> 00:01:25,080 Speaker 3: got to decline it for us. Walk us through Vivian. 30 00:01:25,319 --> 00:01:27,800 Speaker 4: Yes, So we saw shares of Rivian closing lower by 31 00:01:27,800 --> 00:01:30,360 Speaker 4: about one point six percent on the day. This is 32 00:01:30,400 --> 00:01:33,760 Speaker 4: after the company reported fourth quarter deliveries that fell short 33 00:01:33,800 --> 00:01:37,400 Speaker 4: of the average analyst estimate. They did have production that 34 00:01:37,480 --> 00:01:39,480 Speaker 4: came in line. Of course, all eyes are going to 35 00:01:39,520 --> 00:01:42,280 Speaker 4: be on its earnings report. It's fourth quarter twenty twenty 36 00:01:42,280 --> 00:01:45,240 Speaker 4: five earnings report comes out next month, so we'll really 37 00:01:45,280 --> 00:01:46,959 Speaker 4: be parsing through that. But I mean, this is a 38 00:01:47,000 --> 00:01:50,480 Speaker 4: company that finished up by about forty eight percent on 39 00:01:50,520 --> 00:01:51,800 Speaker 4: the year for twenty twenty five. 40 00:01:52,480 --> 00:01:53,800 Speaker 2: Okay, let's do Tesla. 41 00:01:54,240 --> 00:01:55,880 Speaker 4: Yeah, I mean, let's might as well skip to it. 42 00:01:55,920 --> 00:01:58,559 Speaker 4: That's another peer that we're looking at. We see shares 43 00:01:58,560 --> 00:02:01,320 Speaker 4: of Tesla that ended lower by about two zero point 44 00:02:01,400 --> 00:02:04,040 Speaker 4: six percent. This is actually as seven straight day of 45 00:02:04,200 --> 00:02:07,280 Speaker 4: losses as we look at that continued streak. But we 46 00:02:07,320 --> 00:02:09,160 Speaker 4: did see shares of Tesla that we're up about eleven 47 00:02:09,200 --> 00:02:11,360 Speaker 4: percent on the day. But we do know that Tesla 48 00:02:11,400 --> 00:02:14,560 Speaker 4: has essentially given up its title as the world's top 49 00:02:14,600 --> 00:02:18,520 Speaker 4: seller of EV cars to China's BYD. We were talking 50 00:02:18,520 --> 00:02:20,600 Speaker 4: about this a bit earlier. Maybe people may not be 51 00:02:20,639 --> 00:02:23,200 Speaker 4: as familiar with the car buid in the US, but 52 00:02:23,240 --> 00:02:24,600 Speaker 4: it's certainly very popular. 53 00:02:24,800 --> 00:02:27,560 Speaker 3: Build idea, that's what it stands for, dreams. 54 00:02:27,600 --> 00:02:32,799 Speaker 4: The more you know, it's definitely really I love it. 55 00:02:32,160 --> 00:02:36,640 Speaker 3: I know he is right. Yeah, all right, so Tesla 56 00:02:36,680 --> 00:02:39,440 Speaker 3: not so great. But BYD let's go there. 57 00:02:39,600 --> 00:02:39,919 Speaker 2: Yeah. 58 00:02:39,960 --> 00:02:42,959 Speaker 1: On the other hand, BYD closed up a five percent. 59 00:02:43,000 --> 00:02:45,760 Speaker 1: That's US listed shares. We love a big winners and 60 00:02:45,800 --> 00:02:49,200 Speaker 1: loser stories. Tesla was the loser clearly, and BYD the winner. 61 00:02:49,440 --> 00:02:52,760 Speaker 1: It actually increased its battery electric vehicle sales for both 62 00:02:52,840 --> 00:02:56,160 Speaker 1: the quarter and the full year, unlike those dismal numbers 63 00:02:56,160 --> 00:02:58,720 Speaker 1: from Tesla, and some of the reasons that it's been 64 00:02:58,760 --> 00:03:02,880 Speaker 1: outperforming and doing so is because it actually offers cheaper models, 65 00:03:02,919 --> 00:03:07,400 Speaker 1: they're more accessible, it has strong overseas sales, and Tesla, 66 00:03:07,440 --> 00:03:09,480 Speaker 1: on the other hand, has been shifting its focus away 67 00:03:09,480 --> 00:03:13,600 Speaker 1: from those evs more to autonomous vehicles. And AI ambitions. 68 00:03:13,600 --> 00:03:15,600 Speaker 3: Bletch, can't I am here in the US exactly? 69 00:03:16,040 --> 00:03:22,119 Speaker 2: You at least the Stockmovers Report from Bloomberg Radio. 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