1 00:00:02,520 --> 00:00:07,040 Speaker 1: Bloomberg Audio Studios, podcasts, radio News. 2 00:00:08,560 --> 00:00:12,480 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:15,920 Speaker 2: in the stock market. Harnessing the power of Bloomberg data. 4 00:00:16,840 --> 00:00:18,599 Speaker 3: Let's take a look at some stocks on the move 5 00:00:18,640 --> 00:00:21,240 Speaker 3: today with US is a Bloomberg News cross asset reporter 6 00:00:21,600 --> 00:00:25,239 Speaker 3: Bill Donna Hirich Viil Donna. In terms of stocks on 7 00:00:25,280 --> 00:00:27,760 Speaker 3: the move today, easy to find ones that are in 8 00:00:27,800 --> 00:00:31,240 Speaker 3: the grain. Not so easy to find stocks in the red. 9 00:00:31,360 --> 00:00:33,000 Speaker 3: That's what I'm he went abroad. Is that what you 10 00:00:33,240 --> 00:00:35,040 Speaker 3: want to find? Two stocks in the red? 11 00:00:35,200 --> 00:00:37,680 Speaker 4: Yes, I was looking at chairs of PDD Holdings, which 12 00:00:37,720 --> 00:00:40,479 Speaker 4: is the parent company of te or Timu. 13 00:00:40,560 --> 00:00:42,000 Speaker 1: I guess it's pronounced Tu. 14 00:00:42,520 --> 00:00:45,680 Speaker 4: I asked a knowledgeable source and they said Tmuo. 15 00:00:45,760 --> 00:00:47,920 Speaker 1: Okay, so let's go with TV. I agree with you, Chris, 16 00:00:47,960 --> 00:00:48,480 Speaker 1: back and forth. 17 00:00:48,560 --> 00:00:52,400 Speaker 4: Yes, I like to say Temo actually, but shares shares 18 00:00:52,560 --> 00:00:55,400 Speaker 4: in US trading are plunging about fifteen percent today after 19 00:00:55,680 --> 00:01:01,240 Speaker 4: the Temu owner. They're quarterly sales and profits estimates, and 20 00:01:01,320 --> 00:01:04,240 Speaker 4: it just goes to show and underscore how much trade 21 00:01:04,280 --> 00:01:06,680 Speaker 4: tensions between the US and China are really taking a 22 00:01:06,680 --> 00:01:11,120 Speaker 4: toll on its business. It's facing intensifying competition within the 23 00:01:11,280 --> 00:01:13,840 Speaker 4: domestic China market, and at the same time, we have 24 00:01:13,880 --> 00:01:17,120 Speaker 4: all of these shifting trade policies that are hurting the company, 25 00:01:17,400 --> 00:01:21,360 Speaker 4: which of course we know is a discount e commerce platform, 26 00:01:21,400 --> 00:01:25,240 Speaker 4: and so PDDs sales growth rate slowed to ten percent, 27 00:01:25,720 --> 00:01:27,920 Speaker 4: which maybe sounds great, but when you compare it to 28 00:01:28,560 --> 00:01:30,840 Speaker 4: the past quarters, it was twenty four percent the quarter 29 00:01:30,880 --> 00:01:32,880 Speaker 4: before and one hundred and thirty one percent the quarter 30 00:01:33,000 --> 00:01:36,800 Speaker 4: prior to that. I personally have never shopped on Temu Timu. 31 00:01:37,319 --> 00:01:40,800 Speaker 1: You never either, I can tell considering how do you know? 32 00:01:41,280 --> 00:01:43,640 Speaker 3: You don't know how to say it, right, But I'll 33 00:01:43,680 --> 00:01:45,720 Speaker 3: say neither do I I know how to say. 34 00:01:45,600 --> 00:01:47,320 Speaker 1: It to shop there though, right, that's true, But there 35 00:01:47,360 --> 00:01:48,640 Speaker 1: are people who really like it. 36 00:01:48,880 --> 00:01:51,760 Speaker 4: They do because you can find really really cheap cheap 37 00:01:51,840 --> 00:01:54,920 Speaker 4: deep yes, yeah, that's where you lead cheap meaning inexpensive 38 00:01:55,200 --> 00:01:57,320 Speaker 4: in some people. 39 00:01:57,120 --> 00:01:59,920 Speaker 3: Would argue that there you can find a quality to 40 00:02:00,000 --> 00:02:03,000 Speaker 3: diference too, Yes, a certain I think. So that's why 41 00:02:03,000 --> 00:02:05,880 Speaker 3: there's like the whole meme of like, you know, a 42 00:02:05,920 --> 00:02:08,680 Speaker 3: doppelganger being like a tmud doppelganger or something. 43 00:02:08,760 --> 00:02:11,040 Speaker 4: Right here here we are the knowledgeable sources who have 44 00:02:11,080 --> 00:02:12,160 Speaker 4: never actually shopped there. 45 00:02:12,280 --> 00:02:15,160 Speaker 3: Yeah, yeah, but I just know the internet culture. 46 00:02:15,320 --> 00:02:15,840 Speaker 2: Yes, I know. 47 00:02:15,960 --> 00:02:18,600 Speaker 4: Yeah, there's a lot of memes about how stuff breaks down. 48 00:02:18,919 --> 00:02:23,880 Speaker 1: I have never also been full transparency on the president's 49 00:02:23,960 --> 00:02:25,120 Speaker 1: social media site. 50 00:02:25,560 --> 00:02:28,400 Speaker 4: That's another one that I'm watching today. This one is 51 00:02:28,440 --> 00:02:31,160 Speaker 4: super interesting to me. It's Trump Media and Technology Group 52 00:02:31,400 --> 00:02:34,760 Speaker 4: ticker DJT, and shares are down about ten percent today. 53 00:02:34,880 --> 00:02:38,160 Speaker 4: That's the company behind Truth Socialized you just mentioned, And 54 00:02:38,200 --> 00:02:40,880 Speaker 4: what they said today is that they're going to be 55 00:02:40,919 --> 00:02:43,440 Speaker 4: selling around one point five billion in stock and one 56 00:02:43,520 --> 00:02:47,360 Speaker 4: billion in convertible bonds to buy bitcoin for their treasury. 57 00:02:47,680 --> 00:02:51,320 Speaker 4: So that's a growing trend of companies within the US 58 00:02:51,360 --> 00:02:55,160 Speaker 4: but also abroad that are adding bitcoin to their balance sheets. 59 00:02:55,520 --> 00:02:58,840 Speaker 4: Obviously the reaction from the market shares are down today. 60 00:02:58,840 --> 00:03:01,400 Speaker 4: But this is really interesting to me because it's Michael 61 00:03:01,440 --> 00:03:07,240 Speaker 4: Sailor and the formerly known micro strategy that really created 62 00:03:07,280 --> 00:03:10,160 Speaker 4: this trend during the pandemic, and now it's growing into 63 00:03:10,200 --> 00:03:13,840 Speaker 4: this big thing just because strategy itself has done just 64 00:03:13,960 --> 00:03:18,440 Speaker 4: so tremendously well. With the strategy, if we can say it's. 65 00:03:18,320 --> 00:03:19,680 Speaker 1: Raising a bunch of money. 66 00:03:19,720 --> 00:03:21,320 Speaker 3: It is, and then it's going to use that money 67 00:03:21,320 --> 00:03:24,640 Speaker 3: to buy bitcoin, like Michael Saylor does. I think some 68 00:03:24,680 --> 00:03:27,079 Speaker 3: other companies have done this too, after Michael Saylor sort 69 00:03:27,080 --> 00:03:30,160 Speaker 3: of pioneered this works really well to be a leveraged 70 00:03:30,400 --> 00:03:34,760 Speaker 3: bitcoin bet. When Bitcoin is going up, we'll see how 71 00:03:34,880 --> 00:03:38,200 Speaker 3: this stuff works. If Bitcoin falls again. 72 00:03:38,440 --> 00:03:39,040 Speaker 2: We will see. 73 00:03:39,040 --> 00:03:43,000 Speaker 4: But you know what strategy, let's just call it micro 74 00:03:43,040 --> 00:03:46,720 Speaker 4: strategist for the sake of this conversation. Micro Strategy shares 75 00:03:46,760 --> 00:03:49,200 Speaker 4: are up something like twenty six twenty seven percent year 76 00:03:49,240 --> 00:03:52,200 Speaker 4: to date, way more than Bitcoin is up, way more 77 00:03:52,240 --> 00:03:57,080 Speaker 4: than almost all crypto ETFs or bitcoin tied ETFs, way 78 00:03:57,080 --> 00:04:01,040 Speaker 4: more than the two x micro strategy ETFs. So whatever 79 00:04:01,160 --> 00:04:04,160 Speaker 4: Sailor is doing, others are definitely trying to replicate. It's 80 00:04:04,280 --> 00:04:07,600 Speaker 4: just that the market might not be reacting to it 81 00:04:07,760 --> 00:04:08,800 Speaker 4: the way that they might want. 82 00:04:08,840 --> 00:04:11,480 Speaker 1: But what's really cool, right, is then you're now cool 83 00:04:11,640 --> 00:04:15,000 Speaker 1: I use as a kind of throwaway word interesting is 84 00:04:15,040 --> 00:04:18,320 Speaker 1: that then part of the value will be the bitcoin 85 00:04:18,360 --> 00:04:20,640 Speaker 1: it holds, right, And as you mentioned Tim, when it's 86 00:04:20,640 --> 00:04:23,840 Speaker 1: going up, yay, right, But when it's going down, maybe 87 00:04:23,839 --> 00:04:24,360 Speaker 1: not so much. 88 00:04:24,440 --> 00:04:26,599 Speaker 3: We'll see if it ever goes down again. I mean, 89 00:04:26,880 --> 00:04:27,800 Speaker 3: I have no idea. 90 00:04:27,560 --> 00:04:29,760 Speaker 1: Micro strategy one hundred and one billion dollar market cap 91 00:04:29,800 --> 00:04:31,839 Speaker 1: company for. 92 00:04:32,000 --> 00:04:37,080 Speaker 4: Launch billion in twenty twenty when I Sale first came 93 00:04:37,160 --> 00:04:37,800 Speaker 4: up with this plan. 94 00:04:37,839 --> 00:04:40,240 Speaker 3: It's pretty wild, right, Yeah, Hey, before we let you go, 95 00:04:40,400 --> 00:04:41,760 Speaker 3: you're watching Apple. What's going on? 96 00:04:41,839 --> 00:04:44,400 Speaker 4: Yes, one more stock that we're looking at. Apple shares 97 00:04:44,440 --> 00:04:47,520 Speaker 4: are snapping an eight day losing streak, so up some 98 00:04:47,640 --> 00:04:51,200 Speaker 4: two and a half three percent today, So some relief 99 00:04:51,279 --> 00:04:53,719 Speaker 4: for the stock. But we do still have all of 100 00:04:53,760 --> 00:04:56,880 Speaker 4: those tariff concerns weighing on the company. We have those 101 00:04:57,000 --> 00:05:00,200 Speaker 4: escalating attacks from the White House that are threatening to 102 00:05:00,279 --> 00:05:04,599 Speaker 4: further erode the company's profit outlook. We had President Trump 103 00:05:04,720 --> 00:05:06,520 Speaker 4: at the end of last week saying he would be 104 00:05:07,839 --> 00:05:11,160 Speaker 4: not he might be willing to impose a levy of 105 00:05:11,200 --> 00:05:13,840 Speaker 4: twenty five percent on the company's product if they don't 106 00:05:13,839 --> 00:05:17,040 Speaker 4: shift iPhone production to the US. Obviously, it's a theme 107 00:05:17,040 --> 00:05:20,240 Speaker 4: that we've heard quite a bit about in recent mark 108 00:05:20,480 --> 00:05:23,720 Speaker 4: in recent months, and we have some analysts saying they're 109 00:05:23,760 --> 00:05:26,800 Speaker 4: skeptical that this threat will come to pass, but still 110 00:05:27,000 --> 00:05:28,880 Speaker 4: it has been weighing on shares. 111 00:05:28,560 --> 00:05:33,680 Speaker 2: Of about one the stock mover's report from Bloomberg Radio. Check 112 00:05:33,760 --> 00:05:36,080 Speaker 2: back with us throughout the day for the latest roundup 113 00:05:36,120 --> 00:05:39,040 Speaker 2: of companies making news. On Wall Street and for the 114 00:05:39,120 --> 00:05:43,560 Speaker 2: latest market moving headlines. Listen to Bloomberg Radio Live. 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