Mag 7 rally, airline & pharmaceutical stocks: Trending Tickers

00:00 Speaker A

Now clip for immoderate of today's trending tickers. We're watching Magnificent 7 stocks, Airlines, and Pharmaceuticals. First up, let's speech astir that Magnificent 7 rallying aft the US and China agreed to tariff reductions. The stocks are up astir 20% from their April 8th debased here. And determination you're taking a look astatine Nvidia, Apple, and Tesla connected your screen. Um, and past possibly we tin instrumentality a look astatine the remainder of them arsenic good here. Amazon, of course, was 1 that we did spot ripping to the upside present pre-market. And here's benignant of a portion of the dialog and the deals that we are inactive waiting much details astir and inactive volition request to beryllium negotiated retired successful full. But if you're looking backmost and trying to usage the 2020 woody arsenic a measuring post, determination could perchance for these tech companies beryllium large advances astatine slightest successful intelligence spot protections here, which arsenic you deliberation astir however galore of them are trying to either marque definite that their products proceed to stay disposable successful China oregon the Asia Pacific portion much broadly and what intelligence spot protections they would similar if they are putting products successful that region, whether it beryllium chips, whether it beryllium smartphones, they each privation to marque definite that there's a crackdown connected counterfeit goods, that there's improved extortion for commercialized secrets, and past uh measurements against immoderate of these forced exertion transfers. And truthful if you were capable to insulate that and connection them immoderate of those protections, that could perchance beryllium a boon connected apical of, yeah, Apple not having to, you know, complaint US consumers arsenic overmuch due to the fact that they would beryllium hitting oregon deed with much tariffs to get their products from accumulation successful China into the US and vice versa.

03:09 Speaker B

Yeah, it's absorbing disconnected the backmost of Apple this greeting soaring not lone due to the fact that it's going up alongside the remainder of the market, but besides due to the fact that of that announcement connected imaginable accrued uh prices that is, according to the Wall Street Journal this morning, citing sources that Apple could beryllium lifting iPhone prices, not tying it to tariffs though due to the fact that they don't privation to person that header cross, but they're lifting prices uh due to the fact that of tariff argumentation here. But absorbing to spot the full handbasket moving up. Nvidia successful peculiar absorbing due to the fact that we didn't get immoderate headlines circumstantial to export controls connected chips specifically, but yet it's moving up alongside the broader basket, the mag 7s, presently connected way to beryllium successful a bull marketplace if it continues to determination to the upside.

04:08 Speaker A

Only different happening I'll accidental present connected the mag 7, Amazon possibly could person been 1 of the biggest similar WTF moments that happened for the White House to person to see arsenic portion of the broader commercialized negotiations erstwhile it leaked retired immoderate enactment that yet was refuted by Amazon successful saying that oregon determination was a study that said that they were going to database what the summation successful prices was owed to tariffs and the White House got pissed disconnected by that. And truthful that could person been 1 of the different large moments successful this broader benignant of timeline that we've continued to way here. And ultimately, uh, absorbing to spot however Amazon, of course, a level that truly relies connected immoderate of those cheaper products being capable to marque their mode into the e-commerce level arsenic good here.

05:32 Speaker B

Absolutely. Well, adjacent up, let's look astatine Airlines, 1 of the biggest gainers this greeting pursuing the statement betwixt the US and China to temporarily little tariffs, besides coming aft the US authorities announced plans to walk tens of billions of dollars to upgrade the nation's aerial postulation power system. Look astatine each these stocks moving up crossed the board. The absorbing thing, Kevin Gordon from Charles Schwab pointed this out, he'll beryllium connected with america later, are services going to beryllium a country wherever consumers inactive consciousness that they tin walk going guardant adjacent if you benignant of effort to enactment the toothpaste backmost successful the conduit erstwhile it comes to tariffs.

06:20 Speaker A

This one's hard due to the fact that you deliberation astir the summertime question play and however galore consumers are inactive trying to fig retired however overmuch they person the propensity to walk versus caller years. We've travel retired of the years of the revenge travel, adjacent the bleisure question demand. And truthful present you're looking astatine a user that is being highly discretionary astir immoderate of the question and acquisition system that they bargain into, whether that beryllium successful parks and resorts. And of course, Disney, they were capable to really travel retired and awesome a small spot much of a brighter airy connected that successful presumption of immoderate of the investments that they're making going forward. Um, but for each the airlines, they person been up successful the aerial astir what the guidance and the adjacent term, I'm sorry, I had to bash it. They person been up successful the aerial astir precisely however they tin pass to the thoroughfare wherever there's assurance successful their guidance versus wherever they conscionable request to level acceptable and bring down expectations successful bid for them to bushed connected immoderate of those little bars arsenic well.

07:50 Speaker B

Absolutely.

07:53 Speaker A

Finally here, let's speech a small pharma stocks pursuing arsenic President Trump vows to chopped cause prices by much than 50%. Trump says helium volition institute a argumentation known arsenic astir favored federation wherever the US authorities plans to wage prices for drugs that are tied to the prices paid by different countries. You're seeing shares of immoderate of the largest uh healthcare stocks present moving to the downside really close now. What this would fundamentally mean is that they're not going to beryllium capable to extract arsenic overmuch successful immoderate of those margins oregon complaint higher prices that past buoy those margins arsenic well.

08:44 Speaker B

Absolutely. And there's evidently disapproval astir the US pharma companies being capable to bash a batch of the R&D that allows for uh immoderate of that cause improvement to beryllium a assistance to these stocks. And successful part, that's thing the president volition beryllium addressing. He'll beryllium speaking coming up present astatine 9:30 a.m. Eastern. We whitethorn person much headlines connected those pharmaceutical stocks coming retired of those remarks.