Amazon Drops, Nvidia Falls, Alphabet Surges After Berkshire Hathaway Reveals Stake - podcast episode cover

Amazon Drops, Nvidia Falls, Alphabet Surges After Berkshire Hathaway Reveals Stake

Nov 17, 20253 min
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Episode description

On this episode of Stock Movers:
- Amazon (AMZN) shares fall on news that the company is seeking to raise about $12 billion through a debt offering — its first such deal in US dollars in about three years. The company is selling investment-grade bonds in as many as six parts, with proceeds that may be used for acquisitions, capital expenditures, and share buybacks.
- Nvidia (NVDA) shares drop after news that Peter Thiel’s hedge fund Thiel Macro LLC sold its stake in the company during the third quarter, offloading its entire position of 537,742 shares.
- Alphabet (GOOGL) shares gained after a report said Warren Buffett's Berkshire Hathaway said it took a stake in Google's parent company last quarter.

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Transcript

Speaker 1

Bloomberg Audio Studios, podcasts, radio News, the.

Speaker 2

Stock Movers Report, your roundup of companies making moves in the stock market harnessing the power of Bloomberg data.

Speaker 1

Just take a look at some of the stocks on the move to Ampaul Sweeney alongside Scarlet the Floe weren't joined by Bloomberg News Market Sports on bloom the new title, I forgot it normally.

Speaker 2

We know she got a promotion, so we want to make sure.

Speaker 1

We did keep re start now, but she still versus us with our presence. What are you looking at today, Nora, Well, there's.

Speaker 3

A lot of mega caps and focus particularly tech stocks that we're keeping an eye on. Let's look at shares of Amazon, that's ticker am Z in. We're seeing shares of Amazon sliding with the broader market, shares down as much as two point three percent. But we ta get some news that Amazon is seeking to raise about twelve

billion dollars through a bond sale. This is the first deal in US dollars that we've seen in about three years from the company, and this really just comes as we've really been seeing a wave of massive tech debt offerings. There's a lot of companies racing toward AI infrastructure and really trying to build that out here. So this is really adding to all the news that we've really been

getting in this space here. So we are really keeping an eye here on Amazon shares up just about four point six percent the year today.

Speaker 2

All right, good stuff.

Speaker 1

We'll keep an eye on those headlines from Amazon next up in video.

Speaker 3

In video, we can't stop talking about it. Of course, we know earnings come out on Wednesday postmarket. But we're looking at today is the fact that shares are sliding as much as two point eight percent. And this is, of course after we did get that Peter Fiel's fund did sell off its entire in video state last quarter. So you're really seeing Wall Street really digesting this, especially as we're getting a flurry of thirteen F filings. Of course,

none from but Michael Berry. This is typically the time that we hear a lot from him, but this is definitely something that people are looking at as we're going through the thirteen F filing, just seeing what this means for Nvidia and just some people ticking, you know, pulling out some of their money. Here.

Speaker 1

Google otherwise known as alphabet.

Speaker 3

Yes ticker goog l here we are seeing it leading the It's the biggest gainer in the mag seven stocks if we look at what's going on this Monday morning and trading, and this is after Berkshire Hathaway acquired nearly eighteen million shares in the company. During the third quarter they did the firm did trim its holdings in Bank of America and Apple, but I mean just based off of the fact that they're building out their stake here

Berkshire Hathaway. A lot of people are always keeping an eye on what Warren Buffett is doing, and you're definitely seeing that reflected in the trade today. Shares of Google up for their highest level on record.

Speaker 2

The Stock Movers Report 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 dot com, and on Applecarplay and Android Auto with the Bloomberg Business app.

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