1 00:00:02,520 --> 00:00:08,640 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The. 2 00:00:08,720 --> 00:00:12,560 Speaker 2: Stock Movers Report, your roundup of companies making moves in 3 00:00:12,600 --> 00:00:15,880 Speaker 2: the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,800 --> 00:00:19,400 Speaker 3: Six point fifty five on Wall Street ty to take 5 00:00:19,440 --> 00:00:21,080 Speaker 3: a look at some of the stocks on the move today, 6 00:00:21,079 --> 00:00:25,079 Speaker 3: and we're joined by Bloomberg's Battery Tight Tell and we 7 00:00:25,200 --> 00:00:28,240 Speaker 3: just heard Michael do the story. But I was shocked 8 00:00:28,280 --> 00:00:32,479 Speaker 3: actually to learn that Amazon Web Services controls about a 9 00:00:32,640 --> 00:00:35,760 Speaker 3: third of the cloud markets. So that's like, you know, 10 00:00:36,200 --> 00:00:38,520 Speaker 3: you better have a backup if something goes wrong there. 11 00:00:38,640 --> 00:00:39,919 Speaker 3: How's that stock performing? 12 00:00:40,320 --> 00:00:42,760 Speaker 4: Hey, we're in the red. We're hovering in near session lows. 13 00:00:42,760 --> 00:00:45,000 Speaker 1: When it comes to pre market, Amazon down two tenths 14 00:00:45,040 --> 00:00:49,040 Speaker 1: of one percent, notably underperforming the rest of the mag seven, 15 00:00:49,120 --> 00:00:50,680 Speaker 1: which is decently in the green. 16 00:00:50,760 --> 00:00:52,680 Speaker 4: On the day, we have NASTAC futures up three tenths 17 00:00:52,720 --> 00:00:53,360 Speaker 4: of one percent. 18 00:00:53,520 --> 00:00:57,920 Speaker 1: But this is after, as you mentioned, widespread internet issues. 19 00:00:58,640 --> 00:01:02,200 Speaker 1: Amazon is the world's life largest cloud provider. It has 20 00:01:02,280 --> 00:01:04,880 Speaker 1: given an update in the last twenty minutes saying that 21 00:01:04,959 --> 00:01:07,840 Speaker 1: operations are back to normal, but it impacted a dozen 22 00:01:07,920 --> 00:01:12,760 Speaker 1: of platforms, including things like Snapchat, coin Base, Perplexity, robin 23 00:01:12,800 --> 00:01:15,399 Speaker 1: Hood and even Verizon. So we are on a back 24 00:01:15,400 --> 00:01:17,440 Speaker 1: foot when it comes to those Amazon shares this morning. 25 00:01:17,520 --> 00:01:19,640 Speaker 3: Yeah, the thing I learned today was you'd better have 26 00:01:19,680 --> 00:01:23,000 Speaker 3: a backup even if you know you have them as 27 00:01:23,040 --> 00:01:25,920 Speaker 3: your service provider. Boeing, what's going on there? 28 00:01:26,000 --> 00:01:29,720 Speaker 1: Flying higher, flying higher, one point seven percent higher in 29 00:01:29,760 --> 00:01:32,240 Speaker 1: the pre market for Boeing shares. This comes off the 30 00:01:32,280 --> 00:01:37,080 Speaker 1: back of a highly speculated move that the FAA is 31 00:01:37,160 --> 00:01:40,319 Speaker 1: now allowing Boeing to raise the production of its seven 32 00:01:40,360 --> 00:01:45,119 Speaker 1: three seven jet airliners to forty three jets, sorry, forty two. 33 00:01:45,200 --> 00:01:46,480 Speaker 4: Jets a month to be exact. 34 00:01:46,760 --> 00:01:49,760 Speaker 1: Now, this is a crucial step up for Boeing as 35 00:01:49,880 --> 00:01:52,680 Speaker 1: it's attempting a path to recovery following a series of 36 00:01:52,720 --> 00:01:55,600 Speaker 1: criseses with the seven thirty seven. Remember it was back 37 00:01:55,640 --> 00:01:59,480 Speaker 1: in January of twenty twenty four that the door blew 38 00:01:59,560 --> 00:02:02,600 Speaker 1: out on the Laska Airlines flight, and the FAA after 39 00:02:02,640 --> 00:02:06,000 Speaker 1: that had placed safety inspectors at Boeing's factory and then 40 00:02:06,120 --> 00:02:08,920 Speaker 1: limited production of the plane. Now, the fa set on 41 00:02:09,000 --> 00:02:12,280 Speaker 1: Friday that the higher production rate won't change how it's 42 00:02:12,320 --> 00:02:17,519 Speaker 1: currently moder monitoring Boeing's manufacturing or the company's push to 43 00:02:17,560 --> 00:02:20,720 Speaker 1: strengthen its safety culture. So those inspectors will continue to 44 00:02:20,800 --> 00:02:23,240 Speaker 1: work at Boeing's facilities. But production looks like it could 45 00:02:23,280 --> 00:02:25,519 Speaker 1: be ramping up for Boeing in their seven thirty sevens. 46 00:02:25,639 --> 00:02:29,720 Speaker 3: And then at the intersection of energy and artificial intelligence, 47 00:02:29,760 --> 00:02:34,320 Speaker 3: we find Liberty Energy. I don't know who they are. 48 00:02:33,919 --> 00:02:36,760 Speaker 1: Well, they traditionally are an oil fracking company. But not 49 00:02:36,880 --> 00:02:39,320 Speaker 1: only now do we have bitcoin miners jumping into the 50 00:02:39,400 --> 00:02:42,160 Speaker 1: data center trade, we now have oil frackers joining the party. 51 00:02:42,200 --> 00:02:45,720 Speaker 1: So Liberty Energy the stock jump twenty eight percent on Friday, 52 00:02:45,800 --> 00:02:48,919 Speaker 1: It's another seven percent higher in pre market, and this 53 00:02:48,960 --> 00:02:52,280 Speaker 1: is on the back of them rapidly expanding their power 54 00:02:52,320 --> 00:02:56,600 Speaker 1: generation business. They outlined a plan for a one gigawatt 55 00:02:56,600 --> 00:02:59,919 Speaker 1: power capacity target through twenty twenty seven. That is too 56 00:03:00,160 --> 00:03:03,880 Speaker 1: power oil drillers and most importantly, data center developers. 57 00:03:04,000 --> 00:03:06,960 Speaker 3: Okay, I'm betting there's no connection with artificial intelligence. But 58 00:03:07,120 --> 00:03:08,600 Speaker 3: beyond meat, what's going on there? 59 00:03:08,960 --> 00:03:12,080 Speaker 4: Well, the move this morning is maybe beyond comprehension. John. 60 00:03:12,120 --> 00:03:14,480 Speaker 4: The share price has risen sixty two percent. 61 00:03:15,000 --> 00:03:19,160 Speaker 1: It is now becoming the retail meme stock DuJour as 62 00:03:19,200 --> 00:03:23,040 Speaker 1: the focus turns to this leaguered Penny stock. It is 63 00:03:23,080 --> 00:03:26,480 Speaker 1: the most actively traded stock on the US Exchange this morning, 64 00:03:26,760 --> 00:03:29,320 Speaker 1: and this comes after the stock dropped around seventy percent 65 00:03:29,400 --> 00:03:32,000 Speaker 1: last week after a debt swap deal wiped out a 66 00:03:32,000 --> 00:03:34,800 Speaker 1: lot of shareholder value, but retail traders see it as 67 00:03:34,840 --> 00:03:36,880 Speaker 1: possibly the next short squeeze target. 68 00:03:37,960 --> 00:03:42,000 Speaker 2: This stock mover's report from Bloomberg Radio. Check back with 69 00:03:42,080 --> 00:03:44,640 Speaker 2: us throughout the day for the latest roundup of companies 70 00:03:44,720 --> 00:03:47,800 Speaker 2: making news on Wall Street and for the latest market 71 00:03:47,840 --> 00:03:52,320 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 72 00:03:52,400 --> 00:03:55,920 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 73 00:03:55,960 --> 00:03:57,480 Speaker 2: the Bloomberg Business app.