WEBVTT - RH Rises; BYD Shares Gain & Tesla Drops on EV Sales 

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

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

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

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<v Speaker 3>All right, let's get to you some stocks on the move, Alex.

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<v Speaker 3>You're looking at the gainer, so right, certainly.

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<v Speaker 4>Yeah.

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<v Speaker 1>One sector that is having a really strong start to

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<v Speaker 1>twenty twenty six is the furniture stocks, and that is,

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<v Speaker 1>of course, after the White House House paused its tariffs

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<v Speaker 1>on furniture. Our Age is up about eight percent today

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<v Speaker 1>and then Wayfair up six percent. This is after President

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<v Speaker 1>Trump on Wednesday said that he would keep that twenty

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<v Speaker 1>five percent tariff on furniture that he issued back in September.

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<v Speaker 1>He was supposed to raise it to thirty percent at

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<v Speaker 1>the end at the start of twenty twenty six rather,

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<v Speaker 1>but he said that discussions around trade are going well,

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<v Speaker 1>so he's not going to do that. And I just

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<v Speaker 1>want to talk about the performance of some of these

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<v Speaker 1>companies last year. Wayfair sort one hundred and twenty five percent.

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<v Speaker 1>This was as consumers went bargain hunting opted for some

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<v Speaker 1>cheaper options. On the other hands, the fancier companies like

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<v Speaker 1>our h didn't do so well, our h down more

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<v Speaker 1>than fifty percent on the year. And you guys remember

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<v Speaker 1>that earnings call in April when the CEO actually was

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<v Speaker 1>watching his stock tank.

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<v Speaker 2>Yeah he did.

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<v Speaker 1>Yeah, we're not going to repeat it.

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<v Speaker 3>That a good thing to do, all right, Norah, you've

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<v Speaker 3>got to decline it for us. Walk us through Vivian.

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<v Speaker 4>Yes, So we saw shares of Rivian closing lower by

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<v Speaker 4>about one point six percent on the day. This is

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<v Speaker 4>after the company reported fourth quarter deliveries that fell short

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<v Speaker 4>of the average analyst estimate. They did have production that

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<v Speaker 4>came in line. Of course, all eyes are going to

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<v Speaker 4>be on its earnings report. It's fourth quarter twenty twenty

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<v Speaker 4>five earnings report comes out next month, so we'll really

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<v Speaker 4>be parsing through that. But I mean, this is a

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<v Speaker 4>company that finished up by about forty eight percent on

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<v Speaker 4>the year for twenty twenty five.

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<v Speaker 2>Okay, let's do Tesla.

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<v Speaker 4>Yeah, I mean, let's might as well skip to it.

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<v Speaker 4>That's another peer that we're looking at. We see shares

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<v Speaker 4>of Tesla that ended lower by about two zero point

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<v Speaker 4>six percent. This is actually as seven straight day of

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<v Speaker 4>losses as we look at that continued streak. But we

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<v Speaker 4>did see shares of Tesla that we're up about eleven

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<v Speaker 4>percent on the day. But we do know that Tesla

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<v Speaker 4>has essentially given up its title as the world's top

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<v Speaker 4>seller of EV cars to China's BYD. We were talking

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<v Speaker 4>about this a bit earlier. Maybe people may not be

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<v Speaker 4>as familiar with the car buid in the US, but

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<v Speaker 4>it's certainly very popular.

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<v Speaker 3>Build idea, that's what it stands for, dreams.

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<v Speaker 4>The more you know, it's definitely really I love it.

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<v Speaker 3>I know he is right. Yeah, all right, so Tesla

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<v Speaker 3>not so great. But BYD let's go there.

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<v Speaker 2>Yeah.

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<v Speaker 1>On the other hand, BYD closed up a five percent.

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<v Speaker 1>That's US listed shares. We love a big winners and

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<v Speaker 1>loser stories. Tesla was the loser clearly, and BYD the winner.

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<v Speaker 1>It actually increased its battery electric vehicle sales for both

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<v Speaker 1>the quarter and the full year, unlike those dismal numbers

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<v Speaker 1>from Tesla, and some of the reasons that it's been

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<v Speaker 1>outperforming and doing so is because it actually offers cheaper models,

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<v Speaker 1>they're more accessible, it has strong overseas sales, and Tesla,

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<v Speaker 1>on the other hand, has been shifting its focus away

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<v Speaker 1>from those evs more to autonomous vehicles. And AI ambitions.

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<v Speaker 3>Bletch, can't I am here in the US exactly?

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