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Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The.

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Speaker 2: Stock Movers podcast, your roundup of companies making moves in

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Speaker 2: the stock market, harnessing the power of Bloomberg data.

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Speaker 3: Let's take a look at some stocks on the move today.

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Speaker 3: I am Nathan Hager. We're joined this morning by Bloomberg's

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Speaker 3: Valerie Tytel.

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Speaker 4: Got to talk about Tesla.

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Speaker 3: As we wait to see what comes next in the

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Speaker 3: Trump Musk saga.

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Speaker 1: Good morning, val Hey, good morning Nathan. Happy payroll Friday

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Speaker 1: to you yesterday. Start with a check on on Tesla.

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Speaker 1: A lot of attention on this stock after it slid

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Speaker 1: fourteen percent yesterday. It's biggest market cap loss on record.

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Speaker 1: That's ticker TSLA. We're up four and a quarter percent

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Speaker 1: so far in pre market trade. Those shares are trading higher.

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Speaker 1: There was a Political Politico report that the White House

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Speaker 1: aids have scheduled a call with Musk. That seems to

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Speaker 1: be helping sentiment this morning. That's Tesla rebounding from yesterday's slide,

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Speaker 1: up some four percent.

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Speaker 3: Okay, now the biggest decliner in the pre market this morning. Lululemon,

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Speaker 3: big disappointment when it comes to the earnings.

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Speaker 5: Big disappointment.

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Speaker 1: Another disappointing quarter for the athleisure where retailer Lululemon ticker

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Speaker 1: lu LU down twenty one percent pre market.

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Speaker 5: They cut their full year profit outlook.

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Speaker 1: Lou Lemon is blaming rising competition and tariffs, and it

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Speaker 1: said it plans to raise some prices to offset the

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Speaker 1: impact of these new levies. Lou Lemon does have production hubs,

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Speaker 1: some major ones in China and Vietnam, both countries.

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Speaker 5: That face elevated tariff rates.

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Speaker 1: Sales growth for the retailer is expected to slow for

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Speaker 1: a fifth consecutive year in twenty twenty five as competition

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Speaker 1: heats up, and an analyst from Jeffries And notes that

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Speaker 1: the management continues to prioritize new products and China expansion

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Speaker 1: over addressing the pullback from core customers and evident traffic

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Speaker 1: declines in its home market. So another disappointing quarter for Lululemon.

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Speaker 1: Those shares trade down nearly twenty one percent.

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Speaker 3: Of course, the other big earning story post market yesterday

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Speaker 3: was Broadcom.

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Speaker 4: Some disappointment there as well.

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Speaker 1: Disappointment for Broadcom their revenue forecast underwhelm.

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Speaker 5: That's the ticker AVGO.

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Speaker 1: Those shares are down just a little over two and

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Speaker 1: a half percent pre market. This is the main chip

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Speaker 1: supplier for Apple and Alphabet. They reported earnings. Despite the

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Speaker 1: company's numbers generally topping estimates, it seems like investor expectations

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Speaker 1: for its revenue growth were very aggressive and it did

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Speaker 1: not I guess meet that expectation, and shares traded lower.

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Speaker 1: The stock really, though, has outperformed since the last earning season,

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Speaker 1: maybe a reason why expectations were so high. The stock

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Speaker 1: has risen thirty percent in the last three months since

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Speaker 1: the previous earnings, but it's trading down so far.

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Speaker 5: This morning. It's Broadcom in the red, down two and

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Speaker 5: a half percent.

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Speaker 3: And turning to the biggest stock in the green. This morning,

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Speaker 3: I had a hover over at CrCL.

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Speaker 4: To find out the name. Here, sir, Internet Grip.

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Speaker 1: It's a new stock in iPods yesterday. Maybe I haven't

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Speaker 1: heard it, but this is the stablecoin issuer Circle ticker

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Speaker 1: crcls climbing thirteen percent pre market after rocketing higher Thursday

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Speaker 1: following its stock market debut.

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Speaker 5: That slsare shares surge.

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Speaker 1: One hundred and sixty eight percent on its first day

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Speaker 1: of trading. Circle issues the world's second largest stable cooin.

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Speaker 1: Nathan it's called usd Coin or USDC, which has a

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Speaker 1: market cap of around sixty billion, less than half of

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Speaker 1: the market cap of the largest stable cooin out there,

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Speaker 1: which is Tether, of around one hundred and fifty billion.

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Speaker 1: There seems to still be a lot of positivity about

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Speaker 1: this new stock, so Circle is trading up higher again,

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Speaker 1: up twelve percent in pre market trade.

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Speaker 2: The Stock Movers podcast from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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Speaker 2: making news on Wall Street and for the latest market

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Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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