1 00:00:02,520 --> 00:00:08,720 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 00:00:16,640 --> 00:00:18,880 Speaker 1: We want to get some more stocks on the move today. 5 00:00:19,200 --> 00:00:21,639 Speaker 1: Let's bring in our own Denitza Takova to take a 6 00:00:21,640 --> 00:00:23,639 Speaker 1: look at some of the big movers. And the biggest 7 00:00:23,640 --> 00:00:26,079 Speaker 1: mover that we're going to start with here is Dell, 8 00:00:26,760 --> 00:00:27,200 Speaker 1: for sure. 9 00:00:27,480 --> 00:00:27,680 Speaker 2: Dell. 10 00:00:28,040 --> 00:00:30,440 Speaker 3: Obviously some of the earlier gains are fading, but still 11 00:00:30,480 --> 00:00:32,360 Speaker 3: the stock is up two percent today. 12 00:00:32,440 --> 00:00:34,200 Speaker 4: It was up as much as six percent today. 13 00:00:34,440 --> 00:00:36,960 Speaker 3: It's not only Dell moving higher on the news we 14 00:00:37,000 --> 00:00:41,159 Speaker 3: had it's super Microcomputer and HP as well getting a 15 00:00:41,159 --> 00:00:44,680 Speaker 3: boost out of this, despite more broadly stocks seeing some 16 00:00:44,800 --> 00:00:48,559 Speaker 3: exhaustion today. Of course, it comes off the news that 17 00:00:48,600 --> 00:00:52,320 Speaker 3: they'll roughly doubled this growth estimate. The company unveiled a 18 00:00:52,400 --> 00:00:55,960 Speaker 3: long term financial framework that cos for sales surize at 19 00:00:56,000 --> 00:00:59,280 Speaker 3: a pace of seven to nine percent annually for the 20 00:00:59,360 --> 00:01:04,479 Speaker 3: next four years. The new financial framework underscores deals bet on. 21 00:01:04,520 --> 00:01:07,479 Speaker 4: Its position as suppliers. 22 00:01:06,400 --> 00:01:10,000 Speaker 3: Of servers and the AI business has been crucial for 23 00:01:10,040 --> 00:01:13,080 Speaker 3: the growth we're seeing of the company. It has grown 24 00:01:13,160 --> 00:01:16,400 Speaker 3: to twenty billion in just two years, and you can 25 00:01:16,440 --> 00:01:18,520 Speaker 3: see that reflected in the stock. The stock is a 26 00:01:19,000 --> 00:01:22,760 Speaker 3: thirty percent year today, really strong and one of the 27 00:01:22,760 --> 00:01:27,360 Speaker 3: big beneficiarcy. Of course, the company has contracts with COREWVE 28 00:01:27,600 --> 00:01:32,080 Speaker 3: and ax Musk's XAI, so these are some of the 29 00:01:32,120 --> 00:01:37,240 Speaker 3: big partnership. Investors are potentially seeing some big potential going forward. 30 00:01:38,640 --> 00:01:46,200 Speaker 5: Intercontinental Exchange, yes crypto means traditional finance, and Intercontinential Exchange 31 00:01:46,319 --> 00:01:48,880 Speaker 5: plans to invest as much as two billion in cash 32 00:01:48,880 --> 00:01:49,600 Speaker 5: in poly Market. 33 00:01:49,960 --> 00:01:53,400 Speaker 3: That's quite a turnaround story for poly Market. Now it's 34 00:01:54,880 --> 00:01:58,560 Speaker 3: it's around eight billion in value. Of course, just a 35 00:01:58,600 --> 00:02:01,640 Speaker 3: few years back, things for very different. Poly Market was 36 00:02:01,760 --> 00:02:06,440 Speaker 3: kicked offshore by federal regulators. Kyleshy Polymarket, those companies got 37 00:02:06,640 --> 00:02:10,240 Speaker 3: a lot of popularity when it comes to betting on 38 00:02:10,360 --> 00:02:14,320 Speaker 3: election outcomes. But Polymarket is now back. It came after 39 00:02:15,400 --> 00:02:19,320 Speaker 3: it acquired a kind of little known derivative exchange code 40 00:02:19,800 --> 00:02:26,119 Speaker 3: qc X. Of course it has it has been favored 41 00:02:26,160 --> 00:02:29,919 Speaker 3: by regulation that's a lot more permissive to those bets. 42 00:02:29,919 --> 00:02:32,440 Speaker 4: But that's clearly a fast growing business. 43 00:02:32,440 --> 00:02:35,840 Speaker 3: We obviously saw Citadel yesterday hinting that potentially they have 44 00:02:35,919 --> 00:02:37,680 Speaker 3: some interest in that field in that. 45 00:02:37,639 --> 00:02:39,040 Speaker 4: Space, and it's growing very fast. 46 00:02:39,080 --> 00:02:42,160 Speaker 3: Then Intercontinental Exchange is getting a boost out of it. 47 00:02:42,160 --> 00:02:44,359 Speaker 3: It's up more than one percent today and the ticker 48 00:02:44,560 --> 00:02:46,480 Speaker 3: is ICE. 49 00:02:45,960 --> 00:02:48,880 Speaker 1: And AVE may very well be a sign of more 50 00:02:48,880 --> 00:02:51,800 Speaker 1: of these tie ups between traditional market players and the 51 00:02:51,800 --> 00:02:54,480 Speaker 1: crypto native ones. All right, final stock that you're keeping 52 00:02:54,480 --> 00:02:56,919 Speaker 1: an eye on is Dollar Tree. Door Tree is having 53 00:02:56,919 --> 00:02:59,280 Speaker 1: a rough day to day. The ticker is d LTR. 54 00:02:59,400 --> 00:03:02,680 Speaker 1: The stock is about two point five percent. It felt 55 00:03:02,680 --> 00:03:05,760 Speaker 1: even more in earlier training. It's coming off a downgrade 56 00:03:05,800 --> 00:03:08,960 Speaker 1: from Jeffries. Currently it's underperformed. 57 00:03:09,320 --> 00:03:11,679 Speaker 4: The price tie downgrade is actually pretty bad. 58 00:03:11,720 --> 00:03:15,840 Speaker 3: It's currently seventy doors from one hundred and ten. Price 59 00:03:15,880 --> 00:03:20,600 Speaker 3: stack's Walmart is involved in this. They're saying that doorstree 60 00:03:20,680 --> 00:03:24,560 Speaker 3: is long standing competitive advantage, which is like simple bargain 61 00:03:24,720 --> 00:03:27,760 Speaker 3: may have all but evaporated. Jeffries found that the shopping 62 00:03:27,800 --> 00:03:31,240 Speaker 3: bills at Walmart were lower than those a door Tree, 63 00:03:31,600 --> 00:03:34,120 Speaker 3: so we're seeing some pressure there. Obviously, consumer is not 64 00:03:34,160 --> 00:03:37,160 Speaker 3: necessarily doing so well. We're having some worries there inflation 65 00:03:37,760 --> 00:03:41,040 Speaker 3: and pressure on the consumer, and that's definitely. 66 00:03:40,600 --> 00:03:43,200 Speaker 4: Weighing on the stock. And it's not only that. 67 00:03:43,240 --> 00:03:46,600 Speaker 3: Actually door General is now five below is down today, 68 00:03:46,600 --> 00:03:49,440 Speaker 3: So a lot of pressure on those retailers today and 69 00:03:50,400 --> 00:03:53,400 Speaker 3: without too much economic data this week, but obviously we're 70 00:03:53,400 --> 00:03:55,960 Speaker 3: looking at all those consumer facing brands and the pressure 71 00:03:56,000 --> 00:03:56,520 Speaker 3: they're feeling. 72 00:03:57,800 --> 00:04:01,720 Speaker 2: The Stock Mover's report from blue Burg Radio. Check back 73 00:04:01,720 --> 00:04:03,960 Speaker 2: with us throughout the day for the latest roundup of 74 00:04:04,000 --> 00:04:07,280 Speaker 2: companies making news on Wall Street and for the latest 75 00:04:07,320 --> 00:04:11,520 Speaker 2: market moving headlines. Listen to Bloomberg Radio Live, catch us 76 00:04:11,560 --> 00:04:15,320 Speaker 2: on YouTube, Bloomberg dot com, and on Applecarplay and Android 77 00:04:15,320 --> 00:04:17,279 Speaker 2: Auto with the Bloomberg Business app.