The Stock Movers Podcast from Bloomberg

Hi, I'm Nathan Hager introducing you to the new Stock 0:00:03.560 --> 0:00:06.920 Movers podcast from Bloomberg. The show brings you short episodes 0:00:06.960 --> 0:00:09.560 five minutes or less, covering the stocks making gains and 0:00:09.600 --> 0:00:13.760 losses in today's trading. Subscribe to Stock Movers on Apple, Spotify, 0:00:13.880 --> 0:00:15.440 or anywhere you get your podcasts. 0:00:15.640 --> 0:00:15.840 Now. 0:00:15.880 --> 0:00:18.239 Here's the sample of the latest episode from our team 0:00:18.239 --> 0:00:19.439 at Bloomberg. 0:00:21.640 --> 0:00:29.560 Bloomberg Audio Studios, Podcasts, radio News. The Stock Movers podcast 0:00:29.960 --> 0:00:33.199 your roundup of companies making moves in the stock market, 0:00:33.360 --> 0:00:36.280 harnessing the power of Bloomberg data. 0:00:36.440 --> 0:00:38.400 Right now, we need to take a look at some 0:00:38.520 --> 0:00:39.760 stocks on the move today. 0:00:40.200 --> 0:00:42.640 We're joined by Bloomberg's Lisa Matteo. 0:00:42.760 --> 0:00:45.040 Lisa, I want to start with Tesla, leading the mag 0:00:45.080 --> 0:00:47.680 seven stocks. Lower shares have been down more than five 0:00:47.720 --> 0:00:51.760 percent this morning. It's first quarter deliveries expected to release Wednesday. 0:00:51.840 --> 0:00:54.400 But it really it snapped this nine week losing streak 0:00:54.520 --> 0:00:57.040 last week. And you had Elon Musk. He was at 0:00:57.040 --> 0:00:59.040 a town hall event in Wisconsin over the weekend and 0:00:59.080 --> 0:01:01.960 he said that his doll it's costing him a lot 0:01:02.040 --> 0:01:05.240 his words. Kessela shares rose to record high in the 0:01:05.240 --> 0:01:07.760 month after Trump was elected. But here's the thing. They've 0:01:07.880 --> 0:01:12.399 dropped forty five percent since their December seventeenth week. And 0:01:12.440 --> 0:01:15.560 then you go to Mus's own personal wealth itself declined 0:01:15.560 --> 0:01:17.080 by more than one hundred billion this year. 0:01:17.520 --> 0:01:20.000 I mean basically, paul A hold is a cell right 0:01:20.560 --> 0:01:23.840 on the A and rs on the terminal. I got 0:01:23.920 --> 0:01:27.400 thirty three buys and twenty seven holds or cells. 0:01:28.040 --> 0:01:31.000 So it's a huge debate, which. 0:01:30.800 --> 0:01:32.360 To me just raises the question, why don't we have 0:01:32.480 --> 0:01:35.520 sixty sixty zero analysts covering the one stock ranted? 0:01:35.560 --> 0:01:37.119 It's Tesla with some. 0:01:37.120 --> 0:01:39.520 People are BNP Perry bout under perform mat just we 0:01:39.640 --> 0:01:41.720 see reduce Hedgi risk. 0:01:42.360 --> 0:01:45.000 Good morning to everybody over at Hedgi Wells Fargo. 0:01:45.080 --> 0:01:47.360 Howbn Elon's right, I mean they redded it over the weekend. 0:01:47.440 --> 0:01:50.080 It's you know, his dose activities A. 0:01:50.320 --> 0:01:53.880 S Morgan Stanley. He always gets love. He's got a 0:01:53.880 --> 0:01:56.720 price target. ELSA could make money at this up four 0:01:56.800 --> 0:01:58.200 ten the next mover. 0:01:58.400 --> 0:02:01.480 Please, these are stick with me here because these are 0:02:01.480 --> 0:02:04.720 investors exposed to the AI trades. So, for example, Palenteers 0:02:04.760 --> 0:02:07.240 shares have been down as much as seven percent before 0:02:07.280 --> 0:02:09.440 the bell. One of the reasons that I found the 0:02:09.440 --> 0:02:12.120 Pentagon actually canceled a two hundred and eighty million dollars 0:02:12.160 --> 0:02:16.560 over budget HR project project involving Oracle. Now, the reason 0:02:16.600 --> 0:02:20.720 why that matters to Palenteers because Talenteer relies on these 0:02:20.760 --> 0:02:24.520 government contracts, including those with the Department of Defense, and 0:02:24.560 --> 0:02:27.320 they Department of Defense recently announced an additional five hundred 0:02:27.320 --> 0:02:29.919 and eighty million in budget reductions. And then you of 0:02:30.040 --> 0:02:33.000 course also had Goldman Sax analysts maintain a neutral rating, 0:02:33.040 --> 0:02:36.680 but they talked about concerns about the potential future competition 0:02:36.760 --> 0:02:40.639 from companies developing in house AI. So then we hit 0:02:40.720 --> 0:02:43.560 Palenteer and we go to Nvidia. They have been down 0:02:43.600 --> 0:02:46.600 about eighteen percent on the year coming into Monday, coming 0:02:46.639 --> 0:02:50.680 into today, disappointing IPO from the companies that it's backing Core. 0:02:50.760 --> 0:02:53.080 We've remember we talked about that last week. Yeah, well 0:02:53.120 --> 0:02:56.360 that it came out, it began trading Friday, shares fell 0:02:56.400 --> 0:02:59.520 below it's offering price of forty dollars. So that's why 0:02:59.560 --> 0:03:02.120 those though that they got that print, they got that 0:03:02.240 --> 0:03:04.480 stop the clothes at forty at Friday. 0:03:04.520 --> 0:03:05.200 Right at the clothes, you. 0:03:05.240 --> 0:03:07.600 Know that the desk was working for the underwriters to 0:03:07.639 --> 0:03:08.440 get closed. 0:03:08.480 --> 0:03:09.880 I don't want to see the close down. 0:03:10.200 --> 0:03:12.240 Make sure you find something, push to stock up the 0:03:12.280 --> 0:03:14.040 forty at the close. And they did, and they see 0:03:14.160 --> 0:03:15.120 what trace today I. 0:03:15.040 --> 0:03:17.160 Would say, yeah. And finally, we've been talking a lot 0:03:17.200 --> 0:03:21.480 about gold, right, and that's that's hitting a record Newmont Corporation. 0:03:21.560 --> 0:03:24.400 They're the leading global gold and copper company. They're known 0:03:24.440 --> 0:03:28.000 for its extentsive portfolio mining assets. Since we've been talking 0:03:28.000 --> 0:03:30.720 about gold, we're reaching that fresh record high, rising above 0:03:30.760 --> 0:03:33.440 thirty one hundred dollars. So you see this lot, I 0:03:33.440 --> 0:03:36.560 mean investors making these defensive plays over policy and curtning 0:03:36.640 --> 0:03:38.680 op out the US tariff. So they're going to this 0:03:38.760 --> 0:03:41.040 safe haven. And that's why you have Numont Corporation. Their 0:03:41.080 --> 0:03:43.360 shares have been up probably about one percent this. 0:03:43.360 --> 0:03:47.800 Morning, twelve months, thirty seven percent. How many companies could. 0:03:47.640 --> 0:03:50.920 Say that, yeah, yeah, exactly this in this year after 0:03:50.960 --> 0:03:52.680 twenty three and twenty four. Great performance. 0:03:52.720 --> 0:03:57.040 Good morning, Denver, twenty two thousand people, Newmont Mining, yep, 0:03:57.280 --> 0:04:01.400 I mean right, the Gordos fourth one leases. 0:04:01.080 --> 0:04:05.720 Of audible hears here's the audible yet MODERNA Moderna's been 0:04:05.760 --> 0:04:09.600 down whosh gosh, about thirteen percent in trading before the 0:04:09.640 --> 0:04:12.680 bell opens the reason why. Here's here's something industry, the 0:04:12.680 --> 0:04:16.000 resignation of Peter Marx. He's a top regular regulator at 0:04:16.000 --> 0:04:19.440 the US Food and Drug Administration. He has been overseeing 0:04:19.440 --> 0:04:23.040 approvals of vaccine and other biological drugs. So he resigned, 0:04:23.040 --> 0:04:25.320 and now you have those Maderna shares plunging. 0:04:27.000 --> 0:04:31.160 The Stock Movers podcast from Bloomberg Radio. Check back with 0:04:31.240 --> 0:04:34.000 us throughout the day for the latest roundup of companies 0:04:34.040 --> 0:04:37.080 making news on Wall Street and for the latest market 0:04:37.120 --> 0:04:41.440 moving headlines. Listen to Bloomberg Radio Live. Catch us on YouTube, 0:04:41.520 --> 0:04:44.760 Bloomberg dot com, and on Applecarplay and Android Auto with 0:04:44.839 --> 0:04:46.320 the Bloomberg Business app.