Stock Movers Furniture Companies Up, Tesla Outperforms, Under Armour Rises
Jan 2, 2026
Nora Melinda, a Bloomberg Markets correspondent known for her insightful analysis on market movers, dives into several key trends. She discusses how President Trump's delay on tariffs has boosted furniture stocks like Wayfair and RH. The talk shifts to Under Armour's impressive rise fueled by UBS's optimistic outlook. Lastly, Nora reveals Tesla's recent struggles, highlighting its slide in the EV market against competitors like BYD. With timely insights and company updates, this discussion captures the pulse of today's market.
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Tariff Delay Eases Furniture Stock Pressure
- Delaying tariffs eased immediate cost pressure for furniture retailers like RH and Wayfair.
- The White House pushed the tariff effective date to January 1, 2027, which lifted those stocks intraday.
RH's Big Drop Versus Wayfair's Strong Year
- Nora recalled RH's rough prior year when the stock lost more than half its value.
- She contrasted that with Wayfair's strong 2025, which surged about 127% year-to-date.
Watch Supplier Moves And Platform Advantages
- Monitor suppliers' manufacturing shifts as companies seek lower-tariff jurisdictions.
- Consider how platform models like Wayfair mitigate inventory tariff exposure differently than sellers.