1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,640 --> 00:00:13,040 Speaker 2: The Stock Movers podcast, your roundup of companies making moves 3 00:00:13,080 --> 00:00:16,480 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:18,040 --> 00:00:20,040 Speaker 1: Let's take a look at some stocks on the move today. 5 00:00:20,079 --> 00:00:23,400 Speaker 1: I'm Nathan Hager, joined by Bloomberg's Kritti Gupta on what 6 00:00:23,440 --> 00:00:26,480 Speaker 1: looks to be a down day for stocks this morning. Critty, 7 00:00:26,520 --> 00:00:28,680 Speaker 1: we have to start with the stock that is leading 8 00:00:28,760 --> 00:00:32,080 Speaker 1: the losses this morning, and that would be Palenteer. Good morning, 9 00:00:32,440 --> 00:00:33,280 Speaker 1: Good morning, Nathan. 10 00:00:33,360 --> 00:00:36,280 Speaker 3: Yeah, pltr really taking a beating this morning, down about 11 00:00:36,280 --> 00:00:39,120 Speaker 3: eight percent in the pre market trade, trading about one 12 00:00:39,200 --> 00:00:42,080 Speaker 3: hundred and thirteen bucks a share. Now we should put 13 00:00:42,080 --> 00:00:43,879 Speaker 3: this into context before I give you the reasoning here. 14 00:00:43,920 --> 00:00:47,240 Speaker 3: The Palenteer has been the outperformer in the last twelve 15 00:00:47,240 --> 00:00:48,600 Speaker 3: months or so. A lot of that has been the 16 00:00:48,640 --> 00:00:51,040 Speaker 3: AI trades that they've made. A lot of defense contracts 17 00:00:51,240 --> 00:00:53,480 Speaker 3: have come their way as well, So Palneer has had 18 00:00:53,720 --> 00:00:55,840 Speaker 3: quite the run. In fact, the correlation with likes of 19 00:00:55,920 --> 00:00:59,760 Speaker 3: Tesla have been pretty pronounced. That being said, those shares 20 00:00:59,800 --> 00:01:02,400 Speaker 3: are down this morning because they, of course came out 21 00:01:02,400 --> 00:01:06,399 Speaker 3: with their earnings results yesterday that fell short of Wall 22 00:01:06,440 --> 00:01:09,480 Speaker 3: Street's expectations. Now they bumped up their twenty twenty five 23 00:01:09,480 --> 00:01:12,280 Speaker 3: revenue forecast. We're looking at about three point nine billion 24 00:01:12,360 --> 00:01:14,959 Speaker 3: dollars for the full year. That is a thirty six 25 00:01:15,000 --> 00:01:18,520 Speaker 3: percent jump from last year. So again, some pretty good numbers, 26 00:01:18,560 --> 00:01:21,280 Speaker 3: but still not good enough. And I think that's kind 27 00:01:21,280 --> 00:01:24,399 Speaker 3: of the downside of being in outperforming tech companies that 28 00:01:24,400 --> 00:01:26,440 Speaker 3: you have to have an A plus plus report card 29 00:01:26,840 --> 00:01:29,840 Speaker 3: every single time. The problem for this company as well 30 00:01:29,880 --> 00:01:31,560 Speaker 3: is that they have a lot of growth in the 31 00:01:31,680 --> 00:01:35,600 Speaker 3: United States, but their international businesses aren't seeing as much love, 32 00:01:35,760 --> 00:01:39,199 Speaker 3: especially right now given the political climate, but also given 33 00:01:39,240 --> 00:01:41,680 Speaker 3: the kind of bid for the AI enthusiasm, which is 34 00:01:41,680 --> 00:01:45,080 Speaker 3: more pronounced in the US than it is abroad as well. 35 00:01:45,120 --> 00:01:48,240 Speaker 3: So PLSR taking a beating this morning, down about eight 36 00:01:48,440 --> 00:01:51,680 Speaker 3: percent one hundred and thirteen dollars a share. Nathan, Let's 37 00:01:51,680 --> 00:01:53,600 Speaker 3: talk about another stock on the down low here, and 38 00:01:53,600 --> 00:01:56,840 Speaker 3: that is Ford Motors, down about two percent, trading just 39 00:01:56,920 --> 00:02:00,800 Speaker 3: shy of ten bucks a share. Some scary warnings coming 40 00:02:00,800 --> 00:02:03,240 Speaker 3: out of Ford here, seeing about a one and a 41 00:02:03,280 --> 00:02:07,400 Speaker 3: half billion dollar hit from the tariff agenda. Now this 42 00:02:07,520 --> 00:02:09,840 Speaker 3: compares to GM, by the way, which last week report 43 00:02:09,880 --> 00:02:12,200 Speaker 3: about a five billion dollar hit, So our very own 44 00:02:12,280 --> 00:02:15,000 Speaker 3: Craig Trudell, who reports on our autos coverage, made a 45 00:02:15,120 --> 00:02:17,799 Speaker 3: very key point that this impacts kind of the automaker 46 00:02:17,840 --> 00:02:20,959 Speaker 3: trade and a Ford versus GM, where Ford relative to 47 00:02:21,040 --> 00:02:24,440 Speaker 3: GM is still by the in terms of tariff hit, 48 00:02:24,600 --> 00:02:28,120 Speaker 3: not taking as much of a punch to the gut, 49 00:02:28,120 --> 00:02:31,680 Speaker 3: if you will. Ford also, however, suspending their guidance and 50 00:02:31,800 --> 00:02:34,880 Speaker 3: talking about pressure on their buybacks as well. So not 51 00:02:34,960 --> 00:02:38,440 Speaker 3: a great story coming out of Ford, although perhaps lightly expected, 52 00:02:38,440 --> 00:02:40,640 Speaker 3: which is why the shares is only down two percent 53 00:02:41,040 --> 00:02:43,840 Speaker 3: in the pre market this morning. The ticker is just 54 00:02:44,080 --> 00:02:47,200 Speaker 3: the letter F Nathan. We should talk a little bit 55 00:02:47,639 --> 00:02:50,480 Speaker 3: about some of these other companies that we're watching door 56 00:02:50,560 --> 00:02:53,160 Speaker 3: Dash is going to be one of them. Dash is 57 00:02:53,919 --> 00:02:56,799 Speaker 3: the ticker this morning. An M and A deal on 58 00:02:56,840 --> 00:02:59,880 Speaker 3: a Tuesday. The scandal Dad about one point two per 59 00:03:00,360 --> 00:03:01,679 Speaker 3: seeing a little a bit of an M and A 60 00:03:01,800 --> 00:03:05,480 Speaker 3: story there. I know exactly it's an M and a 61 00:03:05,639 --> 00:03:08,240 Speaker 3: Tuesday doesn't quite have the same ring to it so much, 62 00:03:08,360 --> 00:03:10,919 Speaker 3: but it looks like they've agreed to buy delivery, which 63 00:03:10,960 --> 00:03:13,360 Speaker 3: is the kind of delivery agent here in the UK, 64 00:03:13,800 --> 00:03:16,840 Speaker 3: in a three point nine billion dollar deal. So delivery 65 00:03:16,880 --> 00:03:19,560 Speaker 3: shares in the UK had surge and door dash as 66 00:03:19,600 --> 00:03:22,520 Speaker 3: a key kind of the simple M and a transaction. 67 00:03:22,840 --> 00:03:26,560 Speaker 3: The stock is dropping, so Dash is your ticker there, Nathan. 68 00:03:26,600 --> 00:03:28,880 Speaker 3: I'm going to wrap it up with an ETF. We 69 00:03:28,919 --> 00:03:31,080 Speaker 3: don't talk about ETF very often, but this one's trading 70 00:03:31,080 --> 00:03:33,480 Speaker 3: in the pre market and this is the I Shares 71 00:03:33,600 --> 00:03:36,480 Speaker 3: MSCI Germany Index, So keep an eye on anything Germany 72 00:03:36,520 --> 00:03:40,080 Speaker 3: related this morning. Yeah, because Chancellor Friederich Marcher, who was 73 00:03:40,080 --> 00:03:43,560 Speaker 3: supposed to be Chancellor, has not gained enough confidence for 74 00:03:43,960 --> 00:03:45,560 Speaker 3: him to actually take that position. 75 00:03:45,600 --> 00:03:46,160 Speaker 2: A very shock. 76 00:03:46,200 --> 00:03:48,560 Speaker 3: It's the biggest shock since World War II in terms 77 00:03:48,560 --> 00:03:50,839 Speaker 3: of that procedure that would get him to that chair. 78 00:03:50,880 --> 00:03:53,840 Speaker 3: EWG is your ticker down about one and a half percent? 79 00:03:55,040 --> 00:03:59,160 Speaker 2: The Stock Movers podcast from Bloomberg Radio. 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