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Speaker 1: Bloomberg Audio Studios podcasts, radio news, The Stock Movers podcast,

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Speaker 1: your roundup of companies making moves in the stock market,

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Speaker 1: harnessing the power of Bloomberg data. Let's take a look

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Speaker 1: at some of the stocks that are on to move today,

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Speaker 1: which try by bloombergs Lisa Matteo.

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Speaker 2: Lisa, what do you have? All right? So a lot

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Speaker 2: of companies right effective by the tariff. For answer, I

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Speaker 2: want to start with the tech sector. The biggest losers

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Speaker 2: those who source a lot of their products from Asia.

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Speaker 2: The new tariffs will reach thirty four percent for China,

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Speaker 2: Apple a big, big.

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Speaker 1: Part of that.

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Speaker 2: Shares have been down as much as nine percent, erasing

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Speaker 2: two hundred and fifty five billion dollars in value. So

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Speaker 2: aside from producing sourcing those products in China, Apple also

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Speaker 2: has been increasing the iPhones, the AirPods that A builds

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Speaker 2: in India, which is getting a twenty six percent reciprocal tariff.

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Speaker 2: Then you have Vietnam on top of it. The company

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Speaker 2: now makes a lot of its air pods, iPads, Apple

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Speaker 2: watches Max those are hit in Vietnam, hit with a

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Speaker 2: forty six percent tax. In Vidia two and Video relies

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Speaker 2: on China for AI chip sales, so its shares have

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Speaker 2: been down as much as five percent. For Nvidia. If

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Speaker 2: we go to another big stock mover, that's Tesla. Tesla

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Speaker 2: shares have been down more than six percent. A lot

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Speaker 2: of it has to do with that twenty five percent

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Speaker 2: tariff on US auto imports. That's a huge impact on

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Speaker 2: companies like Volkswagen for example, General Motors Ford. But what's more,

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Speaker 2: for Tesla, certain auto parts, those are going to be

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Speaker 2: hit with a similar levee no later than May third.

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Speaker 2: There's other factors to it, right, Let's not forget Tesla's

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Speaker 2: shares fell sixty two percent last quarter in Germany. On

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Speaker 2: top of that, and the pharmaceutical sector. You guys have

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Speaker 2: been talking about it too. The pharmaceutical sector spared from

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Speaker 2: sweeping tariffs. But here's the thing, it's not going to

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Speaker 2: last long because sources as saying the White House plans

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Speaker 2: to launch an investigation into the drug industry, into other sectors,

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Speaker 2: and that could lead to tariffs under the Trade Expansion Act.

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Speaker 2: So that's why you would think, oh, this shares should

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Speaker 2: be higher, they were spared. No, they're not. Eli Lilly

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Speaker 2: was off by two percent, Pfizer was down nearly one

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Speaker 2: percent last one footwear, apparel, footwear and apparel Nike shares

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Speaker 2: at the lowest level since November twenty seventeen, fell as

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Speaker 2: much as thirteen percent. It makes a lot of its

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Speaker 2: sneakers in Vietnam. And it's not just Nike though, it's

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Speaker 2: sneaker makers like Adidas, Puma. They've increased reliance on factories

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Speaker 2: in Vietnam and Indonesia. Vietnam is actually the largest supplier

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Speaker 2: footwear for Nike and Adidas. And when you talk apparel,

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Speaker 2: I mean look at Lululemon, Abercrombie and Fitch make a

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Speaker 2: big portion of their products in Vietnam and Cambodia. GAP

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Speaker 2: buys about twenty seven percent of its goods from Vietnamese

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Speaker 2: factories and nineteen percent from Indonesia. It shares a bit

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Speaker 2: off for Gap as much as twenty one percent. So

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Speaker 2: a real, real big day for companies that are movement

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Speaker 2: because of the terraff.

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Speaker 1: The Stock Movers podcast from Bloomberg Radio. Check back with

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Speaker 1: us throughout the day for the latest roundup of companies

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Speaker 1: making news on Wall Street and for the latest market

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Speaker 1: moving headlines. Listen to Bloomberg Radio Live. Catch us on

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Speaker 1: Auto with the Bloomberg Business app. Mm hmm