1 00:00:02,520 --> 00:00:08,720 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The. 2 00:00:08,720 --> 00:00:12,560 Speaker 2: Stock Movers Report, your roundup of companies making moves in 3 00:00:12,600 --> 00:00:16,280 Speaker 2: the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,680 --> 00:00:18,599 Speaker 1: Let's take a look at some stocks on the move today. 5 00:00:18,600 --> 00:00:22,000 Speaker 1: I'm Nathan Hager, joined by Bloomberg's Critty Goupta. On a 6 00:00:22,200 --> 00:00:24,319 Speaker 1: very busy morning for earnings before we hear from the 7 00:00:24,320 --> 00:00:27,960 Speaker 1: big tech heavyweights. But this morning, Cretty, it really seems 8 00:00:28,000 --> 00:00:30,200 Speaker 1: like in Nvidia is driving the bus. 9 00:00:31,160 --> 00:00:33,680 Speaker 3: Good morning, Nathan. Absolutely it is Nvidio, but it is 10 00:00:33,720 --> 00:00:37,280 Speaker 3: poised at the moment to break yet in other record, 11 00:00:37,720 --> 00:00:39,840 Speaker 3: the shares are higher by about three point six percent 12 00:00:39,880 --> 00:00:42,000 Speaker 3: this morning, trading at two hundred and eight dollars a share. 13 00:00:42,200 --> 00:00:45,920 Speaker 3: NVDA is your ticker as it floats, highers taking with 14 00:00:46,040 --> 00:00:48,600 Speaker 3: it really all the technology names and all the semiconductor 15 00:00:48,680 --> 00:00:52,360 Speaker 3: names with it. So you're seeing likes of AMD, LAMB Research, 16 00:00:53,120 --> 00:00:55,640 Speaker 3: among a slew of others. If there's a chip name 17 00:00:55,920 --> 00:00:58,840 Speaker 3: out there to trading today, is trading higher and probably 18 00:00:58,880 --> 00:01:02,279 Speaker 3: following in Vidia's lead. If Nvidia continues to trade at 19 00:01:02,280 --> 00:01:04,400 Speaker 3: the pace it's trading right now in the pre market 20 00:01:04,760 --> 00:01:07,319 Speaker 3: at nine thirty am New York time, it is going 21 00:01:07,400 --> 00:01:11,280 Speaker 3: to be the first five trillion dollar company around the world, 22 00:01:11,600 --> 00:01:14,679 Speaker 3: which is pretty significant given that this is, I want 23 00:01:14,720 --> 00:01:16,920 Speaker 3: to say, on pace first third day of gains now 24 00:01:17,080 --> 00:01:19,880 Speaker 3: after hitting a record on Friday, thinking a deal with 25 00:01:20,000 --> 00:01:22,680 Speaker 3: Deutsche Telecom and Nokia in the last couple of days, 26 00:01:22,720 --> 00:01:24,800 Speaker 3: and now of course a key part of the US 27 00:01:24,840 --> 00:01:29,680 Speaker 3: and China trade negotiations, it seems nevertheless, Nvidia NVDA higher 28 00:01:29,800 --> 00:01:31,960 Speaker 3: by three point six percent. Nathan, I'm gonna give you 29 00:01:32,000 --> 00:01:33,800 Speaker 3: all the winners first, then we'll go to the losers 30 00:01:34,120 --> 00:01:37,600 Speaker 3: because outperforming in video this morning. Is another name that 31 00:01:37,640 --> 00:01:39,800 Speaker 3: we like to look at for the global growth picture, 32 00:01:39,800 --> 00:01:43,200 Speaker 3: and that is Caterpillar. CEAT is your ticker, trading at 33 00:01:43,200 --> 00:01:45,920 Speaker 3: five hundred and fifty dollars a share higher by almost 34 00:01:45,959 --> 00:01:48,680 Speaker 3: five percent. This is a pretty big deal for Caterpillar. 35 00:01:48,680 --> 00:01:50,760 Speaker 3: They had that massive exposure to Asia. They were worried 36 00:01:50,760 --> 00:01:53,480 Speaker 3: about a construction slowdown as well. It looks like their 37 00:01:53,520 --> 00:01:56,720 Speaker 3: earnings are coming in very strong. They're beating estimate and 38 00:01:56,760 --> 00:01:59,520 Speaker 3: also they're talking about higher sales from their energy unit, 39 00:01:59,520 --> 00:02:01,760 Speaker 3: which is kind of the surprise to the upside for 40 00:02:01,880 --> 00:02:04,960 Speaker 3: a lot of analysts. So they're getting the Wall Street 41 00:02:04,960 --> 00:02:07,400 Speaker 3: equivalent of a round of applause. Hired by four point 42 00:02:07,480 --> 00:02:09,760 Speaker 3: nine percent this morning, five hundred and fifty dollars a 43 00:02:09,800 --> 00:02:12,720 Speaker 3: share for c AT now the last one. I'll perform 44 00:02:12,760 --> 00:02:16,040 Speaker 3: both the Nvidia and Caterpillar. I thought this one was surprising, Nathan, 45 00:02:16,080 --> 00:02:18,680 Speaker 3: But I'm taking a personal victory lap if I can. Okay, 46 00:02:19,120 --> 00:02:22,600 Speaker 3: circa my college days, when I nerded out an investment club, 47 00:02:22,600 --> 00:02:26,000 Speaker 3: I pitched a stock called te Connectivity at sixty two 48 00:02:26,120 --> 00:02:29,120 Speaker 3: dollars a shared. This morning, that is your highest traded 49 00:02:29,480 --> 00:02:32,560 Speaker 3: stock by volume, two hundred and fifty five dollars a share. 50 00:02:32,639 --> 00:02:35,840 Speaker 3: TL is your ticker hired by percent. 51 00:02:36,160 --> 00:02:37,560 Speaker 2: I know I'm not going to say it back in 52 00:02:37,600 --> 00:02:37,919 Speaker 2: the day. 53 00:02:38,160 --> 00:02:39,640 Speaker 3: I know I'm not going to say I told you so. 54 00:02:39,840 --> 00:02:41,720 Speaker 3: But someone out there is listening to this report, and 55 00:02:42,000 --> 00:02:44,280 Speaker 3: you know to them, I told you so. This is 56 00:02:44,280 --> 00:02:47,840 Speaker 3: a company that specializes in censors, things with data centers, 57 00:02:47,880 --> 00:02:50,880 Speaker 3: things like electronic equipment. They are very much a part 58 00:02:50,880 --> 00:02:52,799 Speaker 3: of the US China trade. It looks like their earnings 59 00:02:52,880 --> 00:02:55,640 Speaker 3: came in pretty strong as well. So TL is your 60 00:02:55,680 --> 00:02:59,359 Speaker 3: ticker hired by almost eight percent this morning. So enormous 61 00:02:59,400 --> 00:03:01,440 Speaker 3: move there. I'm going to give you the rapid fire 62 00:03:01,480 --> 00:03:03,360 Speaker 3: round of the downside movers. You really only need to 63 00:03:03,400 --> 00:03:08,160 Speaker 3: know one this morning, and it's Mandalize MDLZ, trading lower 64 00:03:08,240 --> 00:03:11,480 Speaker 3: by about five percent. They cut their full year earnings forecast. 65 00:03:11,520 --> 00:03:14,320 Speaker 3: It's now trading at about fifty seven dollars and change. 66 00:03:14,360 --> 00:03:15,840 Speaker 3: You look at some of the analysis from our very 67 00:03:15,880 --> 00:03:20,320 Speaker 3: own Bloomberg Intelligence, weakness in the North American biscuit business, 68 00:03:20,320 --> 00:03:22,840 Speaker 3: which to me just sounds like not enough people are 69 00:03:22,840 --> 00:03:26,639 Speaker 3: buying oreos. Mandaliz MDLZ down five percent is. 70 00:03:26,600 --> 00:03:31,480 Speaker 2: Going this stock movers report from Bloomberg Radio. Check back 71 00:03:31,480 --> 00:03:33,720 Speaker 2: with us throughout the day for the latest roundup of 72 00:03:33,800 --> 00:03:37,080 Speaker 2: companies making news on Wall Street and for the latest 73 00:03:37,120 --> 00:03:41,320 Speaker 2: market moving headlines. Listen to Bloomberg Radio Live. 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