Stock Movers

On this episode of Stock Movers:

- Dollar Tree (DLTR) shares are up as it was raised to buy from neutral at Citi, which anticipates the higher across-the-board tariffs will be positive for the discount retailer.

- Stellantis NV (STLA) shares are down. However, the Jeep-maker is willing to help its suppliers pay tariff costs to withstand the initial shock of US President Donald Trump’s trade war. The automaker has outlined a program in which suppliers would apply for help from the company to make monthly tariff payments to the US government, according to a person familiar with the matter. Marlo Vitous, Stellantis’ head of purchasing in North America, laid out the plan during a meeting with suppliers in Detroit last week, the person said.

- AppLovin (APP) shares are up as a proposal to merge itself with the US subsidiary and eventually the global business of TikTok, as reported by CNBC, would help the advertising-technology firm accelerate its reach beyond its typical video-game clientele and into e-commerce. But its bid could be crowded out by other potential bidders such as Amazon, Blackstone and Oracle. AppLovin is expected by consensus to reach record free cash flow near $3 billion in 2025, thanks to ads, which yielded a 76% adjusted Ebitda margin in 2024.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers

- Stellantis NV (STLA) shares are down. However, the Jeep Maker is willing to help its suppliers pay tariff costs to withstand the initial shock of US President Donald Trump’s trade war. The automaker has outlined a program in which suppliers would apply for help from the company to make monthly tariff payments to the US government, according to a person familiar with the matter. Marlo Vitous, Stellantis’ head of purchasing in North America, laid out the plan during a meeting with suppliers in Detroit last week, the person said.

- Dollar Tree (DLTR) shares are up as it was raised to buy from neutral at Citi, which anticipates the higher across-the-board tariffs will be positive for the discount retailer. The stock gains as much as 7.6%.

- AppLovin (APP) shares are up as a proposal to merge itself with the US subsidiary and eventually the global business of TikTok, as reported by CNBC, would help the advertising-technology firm accelerate its reach beyond its typical video-game clientele and into e-commerce. But its bid could be crowded out by other potential bidders such as Amazon, Blackstone and Oracle. AppLovin is expected by consensus to reach record free cash flow near $3 billion in 2025, thanks to ads, which yielded a 76% adjusted Ebitda margin in 2024.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

-Apple (AAPL) shares slip as Wedbush cuts the price target to $250 from $325, citing the Trump administration’s tariff policies. The firm retains a positive long-term view on the stock given its strong free cash flow and Services business.
- Dollar Tree (DLTR) shares inch higher, up about 1%, after Citi turned bullish, anticipating that the higher across-the-board tariffs will be positive for the discount retailer. Citi still acknowledges that ~50% of the company’s product is subject to higher tariffs.
-MicroStrategy (MSTR) shares fall after the company said it may not able to regain profitability in future periods, and significant decrease in the market value of its Bitcoin holdings could adversely affect ability to satisfy financial obligations and could cause default. The company also expects a net loss for 1Q.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

-Apple (AAPL) shares slip as Wedbush cuts the price target to $250 from $325, citing the Trump administration’s tariff policies. The firm retains a positive long-term view on the stock given its strong free cash flow and Services business.
- Dollar Tree (DLTR) shares inch higher, up about 1%, after Citi turned bullish, anticipating that the higher across-the-board tariffs will be positive for the discount retailer. Citi still acknowledges that ~50% of the company’s product is subject to higher tariffs.
-MicroStrategy (MSTR) shares fall after the company said it may not able to regain profitability in future periods, and significant decrease in the market value of its Bitcoin holdings could adversely affect ability to satisfy financial obligations and could cause default. The company also expects a net loss for 1Q.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Tesla (TSLA) shares plunged in early trading to below a level that Commerce Secretary Howard Lutnick said the shares would never fall to again. Tesla bull Daniel Ives slashed his price target by 43%, citing a brand crisis as the electric vehicle maker, led be the world's richest man and top Trump adviser Elon Musk, has become a “political symbol globally.”
- JPMorgan (JPM) shares are lower along with other US big banks, with the nation's top financials set to report earnings this week. A severe slowdown in the economy and consumer spending could limit earnings of the big banks. Their stocks plunged last Thursday and Friday with the group having its worst two-day decline since March 2020. It also comes as CEO Jamie Dimon released his annual letter to shareholders, urging a quick resolution on tariffs.
- Apple (APPL) shares are lower in premarket trading after the iPhone maker declined 7.3% on Friday. Wedbush Global Head of Technology Dan Ives cut his price target on the stock to $250 from $325. Apple's market cap sank $443.5 billion last week, the largest weekly market cap decline on record. The stock dropped 13.6% last week, its worst week since the week ended March 30, 2020, when it plummeted nearly 18%.

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On this episode of Stock Movers:
- Palantir (PLTR) shares are down along with other tech giants and chipmakers after the NASDAQ entered a bear market to end last week. The S&P 500 experiencing its worst two-day plunge since March 2020, and the Nasdaq 100 entering a bear market, dragging the tech sector downward.
- Palo Alto Networks (PANW) is lower in the premarket, despite Wall Street analysts pointing to cybersecurity stocks as potential safe havens in market turmoil. Early indications are cybersecurity-related stocks like Palo Alto Networks are not beating the trend.
- Wells Fargo (WFC) shares tumbled along with other banks, including Goldman Sachs and other US big banks, with the nation's top financials set to report earnings this week. A severe slowdown in the economy and consumer spending could limit earnings of the big banks.
- Nike (NIK) shares are continuing their slide after it tumbled to hit its lowest level since 2017. The trend is downward for Nike this morning despite Vietnam looking to work with the Trump administration on a tariff negotiation, which would limit the threat to Nike's supply chain.

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On this episode of Stock Movers:
- European defense stocks, one of this year’s best-performing groups, slump amid a broad market rout. Meanwhile, Reuters reports that US firm Howmet Aerospace told customers it has declared a force majeure event in the wake of the tariffs announced by President Donald Trump.
- The Trump administration decided against allowing Medicare to pay for obesity drugs, a move that would have given millions of older Americans access to the medications and cost the government billions.
- Shell shares drop as much as 8.4% to trade at the lowest in two years, after the oil major lowered its 1Q gas output guidance, adding to grim sentiment caused by the global stock market slump and oil prices at four-year lows. The company cited unplanned maintenance in Australia and adverse weather as reasons for the downgrade.

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On this episode of Stock Movers:

- Tesla (TSLA) shares fell on Friday after starting the week on the upswing. One of Wall Street’s most bearish Tesla analysts further reduced estimates for the company’s earnings, citing the magnitude of car-buyer backlash against Elon Musk. Tesla’s first-quarter vehicle deliveries were far below even JPMorgan Chase & Co. analyst Ryan Brinkman’s pessimistic estimate, “confirming the unprecedented brand damage we had earlier feared,” he said in a report Friday. The EV maker also saw a key executive leave. David Lau, Tesla's vice president of software engineering, has told people at the company that he is stepping down, according to people familiar with the matter. Lau, one of the few executives to promote the automaker’s products alongside Elon Musk, has been at Tesla for almost 13 years and has held the vice president title since 2017. His team is responsible for the software in Tesla’s vehicles — overseeing infotainment and information security to over-the-air software updates — as well as cloud services and manufacturing systems.

- Shares in companies that have large manufacturing operations in Vietnam, including Nike (NKE) and Lululemon Athletica (LULU) soared Friday after President Donald Trump said Vietnam was willing to eliminate tariffs to avoid new US levies. Nike shares erased an earlier loss to gain 3%. Apparel and shoemakers’ shares tumbled Thursday after the president unveiled a 46% levy on the Southeast Asian nation, where several had shifted manufacturing in recent years after Trump hit China with tariffs during his first term.

- Shares of big US banks plummeted, notching their biggest two-day drop since March 2020, after China escalated its trade war with the US.Some of Wall Street’s top lenders, Morgan Stanley (MS), Goldman Sachs (GS) and Citigroup (C) all closed more than 7% lower after China retaliated against President Donald Trump’s tariffs with a 34% levy on US goods. The KBW Bank Index tallied a roughly 16% drop over Thursday and Friday, the gauge’s worst two-session plunge since the start of the Covid-19 pandemic. Shares of JPMorgan Chase (JPM), which traded ex-dividend on Friday, erased some $51 billion from its market capitalization. Regional lenders also took a hit with the KBW Regional Banking Index slumping 3.7%, to close at the lowest level since July 9.

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On this episode of Stock Movers:
- Shares of Nike surged after President Trump said Vietnam was willing to eliminate tariffs to avoid new US levies. The news reversed earlier losses for Nike, which had fallen after Trump unveiled a 46% levy on Vietnam, where several had shifted manufacturing in recent years.
- Tesla and Nvidia are leading the Magnificent Seven stock losses on Friday after China escalated a trade war by retaliating against new US tariffs with levies on all American imports. Nvidia fell -4.2% while Tesla slumped Tesla -5.7%

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
-Tesla (TSLA) shares drop. Tesla's first-quarter vehicle deliveries were far below estimates, confirming "unprecedented brand damage" due to car-buyer backlash against Elon Musk. Tesla's sales plummeted 62% last quarter in Germany, and its stock has slumped since hitting a record high on December 17.
-Nvidia (NVDA) shares slump after Thursday’s slump wiped $1.4 trillion in market capitalisation from the Nasdaq 100 Stock Index. Companies like Apple, Nvidia, and Broadcom are particularly affected, as they source hardware components and assembly labor from southeast Asia and will have to either hike prices or absorb costs and watch profits dwindle.
-Wayfair (W US) shares slide after Citi downgraded the online furniture retailer to neutral from buy. The broker said President Donald Trump’s tariff announcement “created significant exposure” to the supplier base of Wayfair, and sees eBay as better positioned.

See omnystudio.com/listener for privacy information.