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Speaker 1: Bloomberg Audio Studios, podcasts, radio News.

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Speaker 2: The Stock Movers podcast, your roundup of companies making moves

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Speaker 2: in the stock market, harnessing the power of Bloomberg Data.

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Speaker 3: I'm Tim Stanebeck along with Carol Masser. Let's take a

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Speaker 3: look at some stocks on the move today. We're joined

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Speaker 3: by Bloomberg News Cross Asset reporter Alexandra Semanova. She's here

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Speaker 3: in our studio.

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Speaker 4: Uber Uber that stock is having a really good day today.

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Speaker 4: It's up about eight percent. This is after they announced

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Speaker 4: that they would be offering driverless Weimo rides to its

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Speaker 4: customers in Atlanta. That's in addition to Austin, where they

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Speaker 4: also offer them. And this is of course a second

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Speaker 4: the second time that the companies are teaming up rather

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Speaker 4: than competing against each other. Of course, Wemo is owned

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Speaker 4: by Alphabet. Obviously investors are really liking this partnership. Another

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Speaker 4: positive development as well for Uber is Line, its electric

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Speaker 4: bike startup, is actually supposed to IPO. This is according

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Speaker 4: to report from Reuters that said that bankers are having

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Speaker 4: these discussions. So that is adding to a really really

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Speaker 4: good year altogether for Uber. It's up about fifty percent

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Speaker 4: year to date.

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Speaker 1: I am shocked and what it is doing here today.

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Speaker 4: Yeah, it's pretty incredible. I had obviously a fantastic runner.

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Speaker 4: Even despite all the volatility we've seen.

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Speaker 3: It's so funny to watch this stock. And you know,

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Speaker 3: when we talk about driverless cars, because some days, if

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Speaker 3: weimo is announcing an expansion in a different part of

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Speaker 3: the US, uber shares fall right like in New York.

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Speaker 3: For example, last week, uber shares fell as a result

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Speaker 3: of Weimo announcing that they were testing in New York.

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Speaker 3: Then you have announcement of a partnership between Yeah, now.

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Speaker 4: They're working together, and it's skyrockets.

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Speaker 3: Yeah, I think it's I.

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Speaker 4: Have to say I'm always happy about any developments on

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Speaker 4: driver list cars because I actually don't have a driver's license.

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Speaker 1: And I probably never will.

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Speaker 3: This is a true New Yorker, true, you're a true

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Speaker 3: New Yorker. You're like, you know, raised in New York.

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Speaker 3: You don't have a driver's line.

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Speaker 4: Yes, just wait one of those things that I donea Weimo,

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Speaker 4: I haven't. Hopefully I'll get to try one soon. We're obsessed.

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Speaker 4: Oh are they Fantastic's really cool?

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Speaker 2: Yeah?

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Speaker 1: I bet well. Transparency, we really like them. Galaxy Digital

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Speaker 1: another name.

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Speaker 4: Yeah, that is another company that is bouncing today. I'm

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Speaker 4: seeing up about five percent right now. It got a

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Speaker 4: new buy rating from Rosenblat Securities, which started coverage on

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Speaker 4: the crypto company. It set a twenty five dollars price

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Speaker 4: target on the firm. Analyst Chris Brenler said that Galaxy

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Speaker 4: shares offer a unique opportunity to invest in the burgeoning

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Speaker 4: crypto sector and offer an attractive risk reward. They actually

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Speaker 4: say that Galaxy is better positioned than some other crypto

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Speaker 4: companies for any potential crypto volatility. It's fared much better

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Speaker 4: than some of the other names.

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Speaker 1: Take our g l XY stacks up almost thirteen percent

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Speaker 1: year today. Of course. Michael novograts, who's come on a lot, right, Yeah,

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Speaker 1: I worked to talk about a regular Yeah, you must

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Speaker 1: have talked to h oh.

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Speaker 3: Yeah. We sat with him for like a half hour

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Speaker 3: on a crypto show. He was a guest for the

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Speaker 3: whole time.

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Speaker 1: Does he like crypto? Does he like just a little

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Speaker 1: bite his tattoo?

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Speaker 3: He's a tattoo?

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Speaker 4: No, did he?

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Speaker 3: I think it was a Luna back in the day.

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Speaker 3: That one didn't work out. But he's you know, he's

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Speaker 3: gone all in on other stuff now. Let's go all

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Speaker 3: in on donuts.

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Speaker 4: So there is a big breakup in donut world. McDonald's

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Speaker 4: and Krispy Kreme are ending their partnership after a little

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Speaker 4: bit more than a year didn't work out for them.

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Speaker 4: The stocks, interestingly, are both flat right now. The donut

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Speaker 4: chain sited cost issues. The two companies basically couldn't come

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Speaker 4: up with a business model together. Krispy Kream shares Kristy

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Speaker 4: Kreme just had a difficult time with demand. It was unsuccessful.

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Speaker 4: Trust analyst Bill Chapel writes that while disappointing, this was

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Speaker 4: largely expected.

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Speaker 1: What a wacky ride for Krispy Kreme today It's been

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Speaker 1: down as much as four point five percent. Yeah, and

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Speaker 1: a little changed.

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Speaker 4: Yeah.

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Speaker 1: Alexandra Sevanova, thank you so much for your news.

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Speaker 2: Cross ass At Reporter, the Stock Movers podcast from Bloomberg Radio.

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Speaker 2: Check back with us throughout the day for the latest

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Speaker 2: roundup of companies making news on Wall Street and for

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Speaker 2: the latest market moving headlines. Listen to Bloomberg Radio Live,

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