Introducing: Stock Movers

Summary

Podcast Summary: "Introducing: Stock Movers" – Odd Lots by Bloomberg

Release Date: April 13, 2025
Hosts: Tracy Alloway and Jill Weisenthal
Guest: Emily Griffeo, Bloomberg News Cross Asset Reporter

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1. Introduction to Stock Movers

In the premiere episode of Bloomberg's new "Stock Movers" podcast, hosts Tracy Alloway and Jill Weisenthal introduce listeners to a concise, five-minute deep dive into the week's most significant stock market movements. The episode sets the stage for a series dedicated to unraveling the dynamics behind the biggest gainers and losers in today's trading environment.

Tracy Alloway:
"We are introducing you to the new Stock Movers podcast from Bloomberg. The show brings you short episodes, five minutes or less, covering the stocks making gains and losses in today's trading."
[00:03]

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2. Top Performer: Newmont and the Resurgence of Gold

Emily Griffeo kicks off the discussion by highlighting Newmont as the top-performing stock in the S&P 500 for the week, emphasizing its correlation with gold's performance as a safe-haven asset amid market volatility.

Emily Griffeo:
"This is so emblematic of the safe haven asset that gold was this week. In a week where stocks were extremely volatile, treasury bonds didn't quite work as that safe haven asset that they typically are expected to. Gold kept hitting record high after record high. Gold miner Newmont actually had its best week since 1998."
[01:01]

The hosts engage in a lighthearted exchange about the potential of selling personal gold holdings, underscoring the unexpected strength of gold and related stocks during turbulent times.

Jill Weisenthal:
"What are we talking about?"
[01:27]

The conversation delves into Newmont's impressive 24% weekly gain, bolstered by an upgrade from UBS that raised price targets for both Newmont and gold, citing a more supportive macroeconomic backdrop.

Emily Griffeo:
"They hiked their price target both for Newmont, the stock, and also for Gold. And they said that the macro backdrop for gold is increasingly more supportive."
[02:18]

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3. Nvidia's Volatile Performance

Transitioning to technology, the podcast examines Nvidia's tumultuous week, characterized by significant price swings that mirror broader risk asset sentiments.

Emily Griffeo:
"It's really a roller coaster. I mean, this is a stock that everyone watches. So not only is it trading on its own fundamentals, but it's also trading like the poster child for how are risk assets doing today."
[03:02]

Despite being one of the week's top performers, Nvidia remains down 17% year-to-date, reflecting broader challenges in the tech sector.

Host:
"Can I just say it's down 17% year to date."
[03:16]

Emily Griffeo:
"I think we all forgot about the Deep Sea."
[03:20]

The discussion highlights concerns over sustained AI spending and the demand trajectory post-Deep Sea, alongside geopolitical tensions involving China and reduced data center investments by U.S. companies.

Jill Weisenthal:
"You mentioned Deep Sea. There's the China, everything happening with China. And then of course there's also, like you said, demand when it comes to US Companies. And the reports that we've gotten about US companies pulling back on data centers."
[03:45]

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4. JP Morgan's Robust Earnings and Future Outlook

Shifting focus to the financial sector, the hosts analyze JP Morgan's standout performance, driven by record equity markets revenue and strategic insights from CEO Jamie Dimon.

Emily Griffeo:
"That stock was up on the week. It was up 12%. This is the biggest U.S. bank. And it was interesting because in their earnings they had record equity markets revenue. It rose 48% to a record 3.81 billion. This wasn't even counting the trading of this week because this was the prior quarter."
[04:02]

Jamie Dimon's remarks inject a dose of caution into the economic outlook, predicting a "kerfuffle" in the U.S. Treasury market that could necessitate Federal Reserve intervention.

Emily Griffeo:
"Jamie Dimon... he is pretty vocal about his views on the economy and he struck a cautious tone. He also said he expects a, quote, kerfuffle in the US treasury market that would prompt a Fed intervention."
[05:08]

The hosts intersperse the analysis with light-hearted banter, referencing cultural elements like Mo Willems' "Nuffle Bunny," which adds a personable touch to the financial discourse.

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5. Looking Ahead: Goldman Sachs and Future Episodes

As the episode draws to a close, the hosts tease upcoming content, including an impending focus on Goldman Sachs, maintaining listener engagement and anticipation for subsequent episodes.

Jill Weisenthal:
"We have Goldman coming up next week. So that's another one that our Bloomberg listeners are very interested."
[05:40]

Jill Weisenthal:
"Mo Willems is the author."
[05:49]

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Conclusion

"Introducing: Stock Movers" effectively sets the tone for Bloomberg's new podcast series by delivering insightful analysis on key market movers within a streamlined format. By blending expert commentary with engaging dialogue, the episode offers listeners a comprehensive overview of the week's financial highlights, making it an invaluable resource for anyone keen on understanding the complexities of today's stock market dynamics.

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Notable Quotes:

• Emily Griffeo:
  "Gold kept hitting record high after record high. Gold miner Newmont actually had its best week since 1998."
  [01:01]

• Emily Griffeo:
  "It's really a roller coaster. I mean, this is a stock that everyone watches."
  [03:02]

• Emily Griffeo:
  "Jamie Dimon... he is pretty vocal about his views on the economy and he struck a cautious tone."
  [05:08]

---

For more insights and updates, subscribe to Bloomberg's Stock Movers on Apple Podcasts, Spotify, or your preferred podcast platform.

Transcript

[Unknown Host 1]

Hi there.

[Tracy Alloway]

I'm Tracy Alloway.

[Jill Weisenthal]

And I'm Jill Weisenthal.

[Tracy Alloway]

We are introducing you to the new Stock Movers podcast from Bloomberg. The show brings you short episodes, five minutes or less, covering the stocks making gains and losses in today's trading. Subscribe to Stock Movers on Apple, Spotify or anywhere else you get your podcast. Now. Here's a sample of the latest episode from our team at Bloomberg.

[Unknown Host 1]

Bloomberg Audio Studios Podcasts radio news, the Stock Movers.

[Unknown Host 2]

Podcast your roundup of companies making moves in the stock market, harnessing the power of Bloomberg Data.

[Unknown Host 1]

Let's take a look at some stocks on the move this week. In the week that was a little bit of a crazy one and some volatility, Emily Griffeo has the hard task of keeping track of it all. She's Bloomberg News cross asset reporter and she's joining us in studio. We got to start with the number one performing stock in the S&P 500 this week, Newman.

[Emily Griffeo]

This is so emblematic of the safe Haven asset that gold was this week. In a week where stocks were extremely volatile, treasury bonds didn't quite work as that Safe Haven asset that they typically are expected to. Gold kept hitting record high after record high. Gold miner Newmont actually had its best week since 1998.

[Unknown Host 1]

That's not what. That's nuts.

[Jill Weisenthal]

What are we talking about?

[Unknown Host 1]

Should I go into my jewelry box and sell my.

[Emily Griffeo]

And start. I mean, it was that.

[Unknown Host 1]

I know, I know. You think about. That's from an old boyfriend. I'm not going to wear it anyway. I'm getting rid of it.

[Jill Weisenthal]

Excuse me. I want to hear this story.

[Unknown Host 1]

Don't you. I don't know what it is with guys and girls. Like anything I've owned before my husband. I mean, it's been a long time.

[Jill Weisenthal]

You kept.

[Unknown Host 1]

Well, there's like maybe one or two.

[Emily Griffeo]

He's like, no, I don't think I've gotten gold. You know, I'm young. The guys are young. I've gotten like silver.

[Unknown Host 1]

So it's not platinum? No.

[Emily Griffeo]

Okay.

[Unknown Host 1]

Anyway, continue.

[Jill Weisenthal]

As long as it's not uranium. Right? Right.

[Unknown Host 1]

Yeah.

[Emily Griffeo]

No, you wouldn't want to talk about that earlier.

[Jill Weisenthal]

We talked about uranium earlier this week, so that's why I bring it up.

[Unknown Host 1]

Uranium jewelry?

[Jill Weisenthal]

No, uranium stocks.

[Unknown Host 1]

Well, I wasn't sure where you were.

[Jill Weisenthal]

Going when Emily Griffith. When Emily Griffith is in the house, we're always talking stocks. Okay.

[Unknown Host 1]

She goes across cuckoo.

[Jill Weisenthal]

She goes cross assets. She does etf. She does everything.

[Unknown Host 1]

I know.

[Emily Griffeo]

And you know, Newman is kind of it's cross asset it is a stock, but it's representative of absolutely one of those assets that did really well this week. Anyway, it was up 8% Friday. Up 24% on the. It ended the week with an upgrade over at ubs. So they hiked their price target both for Newmont, the stock, and also for Gold. And they said that the macro backdrop for gold is increasingly more supportive.

[Unknown Host 1]

So. All right, let's go to Nvidia.

[Emily Griffeo]

Okay, Nvidia.

[Unknown Host 1]

I'm going to go a top performer for the week. Overall.

[Emily Griffeo]

It was a top performer over the week, but it was up on Monday. It was down on Tuesday. It was up 18% on Wednesday. Then it was down 6% Thursday. It finished Friday.

[Unknown Host 1]

It's like a roller coaster.

[Emily Griffeo]

It's really a roller coaster. I mean, this is a stock that everyone watches. So not only is it trading on its own fundamentals, but it's also trading like the poster child for how are risk assets doing today?

[Unknown Host 1]

Can I just say it's down 17% year to date.

[Emily Griffeo]

Year to date.

[Unknown Host 1]

Yeah, 17%.

[Emily Griffeo]

I think we all forgot about the deep seek.

[Unknown Host 1]

Yeah, right.

[Emily Griffeo]

News that happened before tariffs. But I have heard a couple. I've seen a few notes where analysts mentioned like, well, don't forget about the fact that all of these questions about the impetus for spending on AI and you know, how much demand is there really going to be for AI post Deep Sea?

[Jill Weisenthal]

I mean there are so many questions about that for the company this year. You mentioned deep seek. There's the China, everything happening with China. And then of course there's also, like you said, demand when it comes to US Companies. And the reports that we've gotten about US companies pulling back on data centers.

[Unknown Host 1]

Yeah, you forgot the biggest stress point.

[Jill Weisenthal]

What is it?

[Unknown Host 1]

What will be Jensen's next leather jacket?

[Jill Weisenthal]

No, it's going to be a leather jacket.

[Unknown Host 1]

It's going to be a leather jacket. But what's wild is one of the best performing the S and P. So up around a little bit more than 17% for the week. Overall, it's still down 17% year to date, which. Which is just reminds you how rough a year it's been.

[Emily Griffeo]

Right, Right. And it ended the week positive. But just like the s and P500, it. There were a lot of twists and turns. So you wouldn't expect that we would have. It doesn't feel like we ended the week up even though we did.

[Unknown Host 1]

You mentioned the end of the week. We were all looking forward to the end of the week because the big bank earnings started and it's safe to say, the one that we always want to see what they're doing and what their CEO is saying is JP Morgan.

[Emily Griffeo]

That's right. That stock was up on the week. It was up 12%. This is the biggest U.S. bank. And it was interesting because in their earnings they had record equity markets revenue. It rose 48% to a record 3.81 billion. This wasn't even counting the trading of this week because this was the prior quarter.

[Unknown Host 1]

That's a good point.

[Emily Griffeo]

So I thought that was an interesting tidbit. I'm sure that those equities traders made a lot more this week. And then of course, Jamie Dimon, CEO, a top of JP Morgan, he is pretty vocal about his views on the economy and he struck a cautious tone. He also said he expects a, quote, kerfuffle in the US treasury market that would prompt a Fed intervention, which made.

[Unknown Host 1]

Me think about the book Nuffle Bunny. Did you read that?

[Jill Weisenthal]

Oh yeah. There's a little statue.

[Unknown Host 1]

Great kids.

[Jill Weisenthal]

There's a Nuffle Bunny statue at the library in Park Slope.

[Unknown Host 1]

I love Nuffel Bunny.

[Jill Weisenthal]

How cool is that?

[Unknown Host 1]

Not a kerfuffle, but it's a Nuffel Bunny.

[Emily Griffeo]

We have Goldman coming up next week. So that's another one that our Bloomberg listeners are very interested.

[Jill Weisenthal]

Mo Willems, remember, Mo Willems is the author.

[Unknown Host 1]

Love Mo Willems. All right, Emily, thank you so much. Emily Griffeo, Bloomberg News Cross Asset Reporter.

[Unknown Host 2]

The Stock Movers podcast from Bloomberg Radio. Check back with us throughout the day for the latest roundup of companies making news on Wall street and for the latest market moving headlines. Listen to Bloomberg Radio Live. Catch us on YouTube, bloomberg.com and on Apple CarPlay and Android Auto with the Bloomberg.