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Stock Movers Report, your roundup of companies making moves in the stock market, harnessing the power of Bloomberg Data.
Let's take a look at some stocks on the move today. I'm Nathan Hager, joined by Bloomberg's Critty Goupta. On a very busy morning for earnings before we hear from the big tech heavyweights. But this morning, Cretty, it really seems like in Nvidia is driving the bus.
Good morning, Nathan. Absolutely it is Nvidio, but it is poised at the moment to break yet in other record, the shares are higher by about three point six percent this morning, trading at two hundred and eight dollars a share. NVDA is your ticker as it floats, highers taking with it really all the technology names and all the semiconductor names with it. So you're seeing likes of AMD, LAMB Research,
among a slew of others. If there's a chip name out there to trading today, is trading higher and probably
following in Vidia's lead. If Nvidia continues to trade at the pace it's trading right now in the pre market at nine thirty am New York time, it is going to be the first five trillion dollar company around the world, which is pretty significant given that this is, I want to say, on pace first third day of gains now after hitting a record on Friday, thinking a deal with Deutsche Telecom and Nokia in the last couple of days, and now of course a key part of the US
and China trade negotiations, it seems nevertheless, Nvidia NVDA higher by three point six percent. Nathan, I'm gonna give you all the winners first, then we'll go to the losers because outperforming in video this morning. Is another name that we like to look at for the global growth picture, and that is Caterpillar. CEAT is your ticker, trading at five hundred and fifty dollars a share higher by almost five percent. This is a pretty big deal for Caterpillar.
They had that massive exposure to Asia. They were worried about a construction slowdown as well. It looks like their earnings are coming in very strong. They're beating estimate and also they're talking about higher sales from their energy unit, which is kind of the surprise to the upside for a lot of analysts. So they're getting the Wall Street equivalent of a round of applause. Hired by four point nine percent this morning, five hundred and fifty dollars a
share for c AT now the last one. I'll perform both the Nvidia and Caterpillar. I thought this one was surprising, Nathan, But I'm taking a personal victory lap if I can. Okay, circa my college days, when I nerded out an investment club, I pitched a stock called te Connectivity at sixty two dollars a shared. This morning, that is your highest traded stock by volume, two hundred and fifty five dollars a share. TL is your ticker hired by percent.
I know I'm not going to say it back in the day.
I know I'm not going to say I told you so. But someone out there is listening to this report, and you know to them, I told you so. This is a company that specializes in censors, things with data centers, things like electronic equipment. They are very much a part of the US China trade. It looks like their earnings came in pretty strong as well. So TL is your ticker hired by almost eight percent this morning. So enormous move there. I'm going to give you the rapid fire
round of the downside movers. You really only need to know one this morning, and it's Mandalize MDLZ, trading lower by about five percent. They cut their full year earnings forecast. It's now trading at about fifty seven dollars and change. You look at some of the analysis from our very own Bloomberg Intelligence, weakness in the North American biscuit business, which to me just sounds like not enough people are buying oreos. Mandaliz MDLZ down five percent is.
Going this 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.