WEBVTT - Nvidia Leads Mag 7; Rare Earth Miners Higher; StubHub Bullishness

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

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

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

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

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<v Speaker 3>I'm Nathan Hager, joined by Bloomberg's Valerie Titel.

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<v Speaker 2>On a rally Monday.

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<v Speaker 3>Valerie, and I have to think Nvidia is participating in

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<v Speaker 3>that good morning it is.

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<v Speaker 1>Nvidia is leading the gains of MAG seven stocks in

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<v Speaker 1>the pre market, up three and a quarter percent. The

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<v Speaker 1>dip is being bought in tech stocks. Navidia is the

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<v Speaker 1>big gainer in that way. The stock did drop over

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<v Speaker 1>four percent nearly five percent in Friday sessions, so still

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<v Speaker 1>around a percentage to be made up. But Nvidia leading

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<v Speaker 1>the gains for the Mac seven out of the gates

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<v Speaker 1>this morning.

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<v Speaker 3>And following the I guess truce. I would guess you

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<v Speaker 3>could call it between the US and China at least

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<v Speaker 3>the dialing down of tensions. How are rare earth miners

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<v Speaker 3>doing this morning?

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<v Speaker 1>They are on a front foot. Let me tell you,

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<v Speaker 1>USA rare Earth up twenty two percent, Critical Medals up

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<v Speaker 1>twenty one percent, and MP Materials up eleven percent. Now,

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<v Speaker 1>this is on the back of the ft reporting that

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<v Speaker 1>the Pentagon has stepped up stockpiling of critical minerals, procuring

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<v Speaker 1>up to one billion dollars worth of counter China's dominance

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<v Speaker 1>and rare earths that are essential to defense. It follows

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<v Speaker 1>the export restrictions imposed on many of the materials by

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<v Speaker 1>China last week, and perhaps the market assuming the US

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<v Speaker 1>could be turned more aggressive when it comes to its

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<v Speaker 1>equity stakes in these companies if China does not row

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<v Speaker 1>back these export controls.

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<v Speaker 3>And just quickly sday Lauder's getting an upgrade.

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<v Speaker 1>Upgrade for SDA Louder upgraded by Goldman Sachs. It's up

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<v Speaker 1>four point eight percent. Let me add another one to

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<v Speaker 1>that less stub Hub also up up four point eight percent.

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<v Speaker 1>It has been initiated coverage by many on Wall Street, Evercore, JP, Morgan, Goldman, BMO,

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<v Speaker 1>and Citizens all initiating bullish calls.

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<v Speaker 2>On this the Stockmovers Report from Bloomberg Radio. Check back

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