1 00:00:02,520 --> 00:00:08,800 Speaker 1: Bloomberg Audio Studios podcasts, radio news, The. 2 00:00:08,880 --> 00:00:13,160 Speaker 2: Stock Movers podcast, your roundup of companies making moves in 3 00:00:13,200 --> 00:00:16,480 Speaker 2: the stock market harnessing the power of Bloomberg Data. 4 00:00:17,800 --> 00:00:19,720 Speaker 1: Let's take a look at some stocks on the move today. 5 00:00:19,760 --> 00:00:22,799 Speaker 1: I'm Nathan Hager, joined by Bloomberg's Critti Gupta on a 6 00:00:22,840 --> 00:00:26,439 Speaker 1: morning where the market has erased its losses on the year, 7 00:00:26,560 --> 00:00:29,040 Speaker 1: and look at what's up top and the most actively 8 00:00:29,360 --> 00:00:34,200 Speaker 1: traded stocks this morning. Pretty in Nvidia on top once again. 9 00:00:34,240 --> 00:00:35,839 Speaker 1: Good morning, Good. 10 00:00:35,600 --> 00:00:38,199 Speaker 3: Morning, Nathan. Yeah, it's hard to be anywhere about the 11 00:00:38,200 --> 00:00:41,760 Speaker 3: top when you're one of the world's largest companies globally, 12 00:00:42,080 --> 00:00:44,280 Speaker 3: but you are right. It is up there alongside some 13 00:00:44,320 --> 00:00:46,440 Speaker 3: of the tech names and chip names as well. And 14 00:00:46,440 --> 00:00:48,800 Speaker 3: a lot of this is coming from the massive investments 15 00:00:48,800 --> 00:00:52,599 Speaker 3: that are being announced when it comes to the Trump's 16 00:00:52,640 --> 00:00:54,720 Speaker 3: meeting in Saudi Arabia. So you are seeing a very 17 00:00:54,720 --> 00:00:57,200 Speaker 3: direct market impact there. But I should mention it's coming 18 00:00:57,320 --> 00:01:00,440 Speaker 3: up amid a backdrop of some pretty decent and gains. 19 00:01:00,440 --> 00:01:02,160 Speaker 3: So start off with a chip sector. As you mentioned, 20 00:01:02,720 --> 00:01:07,039 Speaker 3: Vida and AMD both touted as potential players to sell 21 00:01:07,120 --> 00:01:09,959 Speaker 3: chips to Satid Arabia for those AI data centers, so 22 00:01:10,000 --> 00:01:12,400 Speaker 3: that is going to be one of them. MVDA hired 23 00:01:12,400 --> 00:01:15,320 Speaker 3: by about two percent, we'll call it, AMD based micro 24 00:01:15,319 --> 00:01:17,679 Speaker 3: devices up by about the same amount. AMD trading at 25 00:01:17,680 --> 00:01:20,280 Speaker 3: one hundred and fourteen dollars a share and inn Vidia 26 00:01:20,319 --> 00:01:22,280 Speaker 3: at one hundred and thirty two And to your point, 27 00:01:22,360 --> 00:01:25,440 Speaker 3: nay than those are two of the highest volume movers 28 00:01:25,480 --> 00:01:28,800 Speaker 3: that you are seeing this morning. Alongside it, though, is 29 00:01:28,880 --> 00:01:31,480 Speaker 3: United Health u NH is your ticker there, and we 30 00:01:31,520 --> 00:01:34,640 Speaker 3: know this had a pretty decent sell off yesterday in 31 00:01:34,760 --> 00:01:38,840 Speaker 3: terms of stock. The company had suspended its guidance and 32 00:01:38,880 --> 00:01:41,440 Speaker 3: some of their buybacks as well as well as announcing 33 00:01:41,880 --> 00:01:44,760 Speaker 3: a new organizational structure and a new leadership as well. 34 00:01:44,760 --> 00:01:46,280 Speaker 3: This morning, it looks like a little bit of mining 35 00:01:46,319 --> 00:01:48,960 Speaker 3: the dip there. UNH trading at three hundred and nineteen 36 00:01:49,000 --> 00:01:51,800 Speaker 3: dollars a share and change hired by about two point 37 00:01:52,000 --> 00:01:55,080 Speaker 3: six percent this morning. So that's going to be some 38 00:01:55,120 --> 00:01:57,000 Speaker 3: of the key movers. But I think it's representative of 39 00:01:57,040 --> 00:01:59,840 Speaker 3: a theme that you're seeing as everyone's kind of understanding 40 00:01:59,880 --> 00:02:02,120 Speaker 3: what what's the next kind of tit for tat, tit 41 00:02:02,240 --> 00:02:05,320 Speaker 3: for tat tariff story? Try saying that five times fast okay, 42 00:02:05,680 --> 00:02:08,160 Speaker 3: and it's really just a reversal of yesterday's move. So 43 00:02:08,160 --> 00:02:09,640 Speaker 3: I'll give you an example. When you look at the 44 00:02:09,680 --> 00:02:12,600 Speaker 3: downside movers this morning, you are seeing a lot of 45 00:02:12,600 --> 00:02:16,080 Speaker 3: the stocks that actually outperformed yesterday. So I'm seeing a 46 00:02:16,080 --> 00:02:19,480 Speaker 3: lot of the commodities names that were hired yesterday now 47 00:02:19,520 --> 00:02:23,080 Speaker 3: in the red this morning. Freeport Macmaran, for example, was 48 00:02:23,160 --> 00:02:25,760 Speaker 3: hire yesterday off of the China News FCX this morning 49 00:02:26,040 --> 00:02:28,119 Speaker 3: is down by about one percent, trading at about thirty 50 00:02:28,240 --> 00:02:30,840 Speaker 3: nine dollars a share. So really just a reversal of 51 00:02:30,960 --> 00:02:33,760 Speaker 3: yesterday's moves, which I think when you see something like that, 52 00:02:33,800 --> 00:02:36,400 Speaker 3: it really tells you that people are in a wait 53 00:02:36,440 --> 00:02:38,200 Speaker 3: and see kind of mode. They're just trading this market 54 00:02:38,200 --> 00:02:41,240 Speaker 3: tick by tickets of really having the fundamentals kind of 55 00:02:41,360 --> 00:02:43,320 Speaker 3: drive it. And I think that's going to be very, 56 00:02:43,400 --> 00:02:45,960 Speaker 3: very crucial. Now outside of the S and P five hundred, 57 00:02:46,160 --> 00:02:48,600 Speaker 3: super Micro is getting a lot of attention this morning, 58 00:02:48,680 --> 00:02:52,880 Speaker 3: Nathan's let's talk about that stock. SMCI is your ticker. 59 00:02:52,919 --> 00:02:55,040 Speaker 3: The shares rose by as much as nine percent in 60 00:02:55,080 --> 00:02:58,480 Speaker 3: the pre market. It was sixteen percent in yesterday's rally 61 00:02:58,520 --> 00:03:00,760 Speaker 3: as well, So people are hungry for some shares of 62 00:03:00,880 --> 00:03:03,600 Speaker 3: super Micro this morning. This actually does come from a 63 00:03:03,600 --> 00:03:06,720 Speaker 3: Saudi Arabia story as well, where a Saudi Arabia based 64 00:03:06,800 --> 00:03:09,720 Speaker 3: data center company called data volt is signing a multi 65 00:03:09,760 --> 00:03:13,480 Speaker 3: year partnership agreement with super Micro, so giving them company 66 00:03:13,480 --> 00:03:15,480 Speaker 3: a little bit of a boost a new clientele. But 67 00:03:15,520 --> 00:03:17,840 Speaker 3: you can very much see that those trade deals and 68 00:03:17,880 --> 00:03:20,440 Speaker 3: the investment story coming out of the Middle East is 69 00:03:20,560 --> 00:03:23,000 Speaker 3: moving the market this morning. Whether it's your AMD, whether 70 00:03:23,040 --> 00:03:25,600 Speaker 3: it's your Nvidia, or whether it comes down to a 71 00:03:25,680 --> 00:03:28,160 Speaker 3: company like super Micro, which of course moves quite a 72 00:03:28,160 --> 00:03:30,720 Speaker 3: bit with the volatility. I'll give you one last one 73 00:03:30,760 --> 00:03:33,200 Speaker 3: here and that is sebo Global. This is, of course 74 00:03:33,240 --> 00:03:36,520 Speaker 3: the company that owns the exchanges. Down about one point 75 00:03:36,560 --> 00:03:40,000 Speaker 3: six percent this morning. CBOE is your ticker. Morgan Stanley 76 00:03:40,080 --> 00:03:43,120 Speaker 3: cutting it to an underweight from an overweight, saying that 77 00:03:43,200 --> 00:03:46,760 Speaker 3: better than expected tariff de escalation with China reduces risk 78 00:03:46,800 --> 00:03:48,600 Speaker 3: and volatility. That's a lot of fancy talk for saying 79 00:03:48,880 --> 00:03:50,120 Speaker 3: it used to be a defensive stock. 80 00:03:50,160 --> 00:03:55,760 Speaker 2: Announce not the Stock Movers podcast from Bloomberg Radio. 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