Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg Data.
Speaker 3: Let's take a look at some stocks on the move today.
Speaker 3: I'm Nathan Hager, joined by Bloomberg's Valerie Titel.
Speaker 2: On a rally Monday.
Speaker 3: Valerie, and I have to think Nvidia is participating in
Speaker 3: that good morning it is.
Speaker 1: Nvidia is leading the gains of MAG seven stocks in
Speaker 1: the pre market, up three and a quarter percent. The
Speaker 1: dip is being bought in tech stocks. Navidia is the
Speaker 1: big gainer in that way. The stock did drop over
Speaker 1: four percent nearly five percent in Friday sessions, so still
Speaker 1: around a percentage to be made up. But Nvidia leading
Speaker 1: the gains for the Mac seven out of the gates
Speaker 1: this morning.
Speaker 3: And following the I guess truce. I would guess you
Speaker 3: could call it between the US and China at least
Speaker 3: the dialing down of tensions. How are rare earth miners
Speaker 3: doing this morning?
Speaker 1: They are on a front foot. Let me tell you,
Speaker 1: USA rare Earth up twenty two percent, Critical Medals up
Speaker 1: twenty one percent, and MP Materials up eleven percent. Now,
Speaker 1: this is on the back of the ft reporting that
Speaker 1: the Pentagon has stepped up stockpiling of critical minerals, procuring
Speaker 1: up to one billion dollars worth of counter China's dominance
Speaker 1: and rare earths that are essential to defense. It follows
Speaker 1: the export restrictions imposed on many of the materials by
Speaker 1: China last week, and perhaps the market assuming the US
Speaker 1: could be turned more aggressive when it comes to its
Speaker 1: equity stakes in these companies if China does not row
Speaker 1: back these export controls.
Speaker 3: And just quickly sday Lauder's getting an upgrade.
Speaker 1: Upgrade for SDA Louder upgraded by Goldman Sachs. It's up
Speaker 1: four point eight percent. Let me add another one to
Speaker 1: that less stub Hub also up up four point eight percent.
Speaker 1: It has been initiated coverage by many on Wall Street, Evercore, JP, Morgan, Goldman, BMO,
Speaker 1: and Citizens all initiating bullish calls.
Speaker 2: On this the Stockmovers Report from Bloomberg Radio. Check back
Speaker 2: with us throughout the day for the latest roundup of
Speaker 2: companies making news on Wall Street and for the latest
Speaker 2: market moving headlines. Listen to Bloomberg Radio Live, catch us
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