Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The.
Speaker 2: Stock Movers Report, your roundup of companies making moves in
Speaker 2: the stock market, harnessing the power of Bloomberg Data.
Speaker 1: We want to get some more stocks on the move today.
Speaker 1: Let's bring in our own Denitza Takova to take a
Speaker 1: look at some of the big movers. And the biggest
Speaker 1: mover that we're going to start with here is Dell,
Speaker 1: for sure.
Speaker 2: Dell.
Speaker 3: Obviously some of the earlier gains are fading, but still
Speaker 3: the stock is up two percent today.
Speaker 4: It was up as much as six percent today.
Speaker 3: It's not only Dell moving higher on the news we
Speaker 3: had it's super Microcomputer and HP as well getting a
Speaker 3: boost out of this, despite more broadly stocks seeing some
Speaker 3: exhaustion today. Of course, it comes off the news that
Speaker 3: they'll roughly doubled this growth estimate. The company unveiled a
Speaker 3: long term financial framework that cos for sales surize at
Speaker 3: a pace of seven to nine percent annually for the
Speaker 3: next four years. The new financial framework underscores deals bet on.
Speaker 4: Its position as suppliers.
Speaker 3: Of servers and the AI business has been crucial for
Speaker 3: the growth we're seeing of the company. It has grown
Speaker 3: to twenty billion in just two years, and you can
Speaker 3: see that reflected in the stock. The stock is a
Speaker 3: thirty percent year today, really strong and one of the
Speaker 3: big beneficiarcy. Of course, the company has contracts with COREWVE
Speaker 3: and ax Musk's XAI, so these are some of the
Speaker 3: big partnership. Investors are potentially seeing some big potential going forward.
Speaker 5: Intercontinental Exchange, yes crypto means traditional finance, and Intercontinential Exchange
Speaker 5: plans to invest as much as two billion in cash
Speaker 5: in poly Market.
Speaker 3: That's quite a turnaround story for poly Market. Now it's
Speaker 3: it's around eight billion in value. Of course, just a
Speaker 3: few years back, things for very different. Poly Market was
Speaker 3: kicked offshore by federal regulators. Kyleshy Polymarket, those companies got
Speaker 3: a lot of popularity when it comes to betting on
Speaker 3: election outcomes. But Polymarket is now back. It came after
Speaker 3: it acquired a kind of little known derivative exchange code
Speaker 3: qc X. Of course it has it has been favored
Speaker 3: by regulation that's a lot more permissive to those bets.
Speaker 4: But that's clearly a fast growing business.
Speaker 3: We obviously saw Citadel yesterday hinting that potentially they have
Speaker 3: some interest in that field in that.
Speaker 4: Space, and it's growing very fast.
Speaker 3: Then Intercontinental Exchange is getting a boost out of it.
Speaker 3: It's up more than one percent today and the ticker
Speaker 3: is ICE.
Speaker 1: And AVE may very well be a sign of more
Speaker 1: of these tie ups between traditional market players and the
Speaker 1: crypto native ones. All right, final stock that you're keeping
Speaker 1: an eye on is Dollar Tree. Door Tree is having
Speaker 1: a rough day to day. The ticker is d LTR.
Speaker 1: The stock is about two point five percent. It felt
Speaker 1: even more in earlier training. It's coming off a downgrade
Speaker 1: from Jeffries. Currently it's underperformed.
Speaker 4: The price tie downgrade is actually pretty bad.
Speaker 3: It's currently seventy doors from one hundred and ten. Price
Speaker 3: stack's Walmart is involved in this. They're saying that doorstree
Speaker 3: is long standing competitive advantage, which is like simple bargain
Speaker 3: may have all but evaporated. Jeffries found that the shopping
Speaker 3: bills at Walmart were lower than those a door Tree,
Speaker 3: so we're seeing some pressure there. Obviously, consumer is not
Speaker 3: necessarily doing so well. We're having some worries there inflation
Speaker 3: and pressure on the consumer, and that's definitely.
Speaker 4: Weighing on the stock. And it's not only that.
Speaker 3: Actually door General is now five below is down today,
Speaker 3: So a lot of pressure on those retailers today and
Speaker 3: without too much economic data this week, but obviously we're
Speaker 3: looking at all those consumer facing brands and the pressure
Speaker 3: they're feeling.
Speaker 2: The Stock Mover's report from blue Burg Radio. Check back
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Speaker 2: companies making news on Wall Street and for the latest
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