1 00:00:02,520 --> 00:00:07,040 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:09,880 --> 00:00:13,320 Speaker 2: This is the closing bell on the stock movers report 3 00:00:13,560 --> 00:00:16,520 Speaker 2: the company's making moves at the close of US trading 4 00:00:16,760 --> 00:00:21,319 Speaker 2: with Carol Masser, Tim Stenovak, Romain Bostik, and Scarlet Food. 5 00:00:22,560 --> 00:00:24,720 Speaker 3: All right, so let's go to some of the individual gainers. 6 00:00:24,760 --> 00:00:27,920 Speaker 3: I mean, check out shares a forward man on fire today, 7 00:00:28,080 --> 00:00:30,440 Speaker 3: up the most in five years, up twelve percent. 8 00:00:30,560 --> 00:00:31,120 Speaker 2: What are you? 9 00:00:31,400 --> 00:00:32,160 Speaker 1: Bad choice of words? 10 00:00:32,200 --> 00:00:35,760 Speaker 2: I'm sorry, doing well. 11 00:00:35,560 --> 00:00:38,800 Speaker 3: Today now I'm a little tired on this Friday. Okay, 12 00:00:39,800 --> 00:00:43,000 Speaker 3: Investors snapping up shares of Ford today up twelve percent, 13 00:00:43,640 --> 00:00:45,720 Speaker 3: up the most in five years, more than five years. 14 00:00:45,960 --> 00:00:50,160 Speaker 3: Company expecting It's Novellas's aluminum factor key supplier to Ford 15 00:00:50,159 --> 00:00:52,000 Speaker 3: as we know, to rezoom production as soon as late 16 00:00:52,080 --> 00:00:55,240 Speaker 3: November and ramp up through the year end earlier than 17 00:00:55,280 --> 00:00:58,480 Speaker 3: initially expected. So listen, this is a big deal. They 18 00:00:58,480 --> 00:01:01,520 Speaker 3: also talked about the one fifty. You know it is 19 00:01:01,560 --> 00:01:05,400 Speaker 3: its top selling vehicle, and you know this was a 20 00:01:05,400 --> 00:01:07,440 Speaker 3: major supplier to it, so really important. I got to say, 21 00:01:07,480 --> 00:01:09,360 Speaker 3: remain you and Matt doing a really good interview. WHI 22 00:01:09,440 --> 00:01:11,040 Speaker 3: Jim Farley? Yesterday we did? 23 00:01:11,080 --> 00:01:12,720 Speaker 1: We did? Yeah, I was a little bit better than that, 24 00:01:12,920 --> 00:01:13,760 Speaker 1: but yes, thank you. 25 00:01:13,880 --> 00:01:15,160 Speaker 4: It's the signature modest. 26 00:01:15,480 --> 00:01:17,039 Speaker 3: That's so what Matt said when he came on air 27 00:01:17,080 --> 00:01:19,119 Speaker 3: after the interview. All right, let's get to Intel. 28 00:01:19,200 --> 00:01:19,480 Speaker 2: Man. 29 00:01:19,600 --> 00:01:22,959 Speaker 3: I just barely making it with this one. It was 30 00:01:23,040 --> 00:01:26,560 Speaker 3: up seven point seven percent earlier in the session, intra day, 31 00:01:26,959 --> 00:01:28,640 Speaker 3: finishing the day with just a gain in ze point 32 00:01:28,640 --> 00:01:30,720 Speaker 3: three percent. But I got to say, initially, we felt 33 00:01:30,720 --> 00:01:32,960 Speaker 3: like investors were feeling a little bit more upbeat about 34 00:01:32,959 --> 00:01:37,120 Speaker 3: the Intel story. Maybe some of the turnaround happening upbeat 35 00:01:37,200 --> 00:01:42,560 Speaker 3: forecast focused though investors kind of shifting their focus from 36 00:01:42,600 --> 00:01:46,240 Speaker 3: maybe the turnaround is saying there's still some lingering challenges. 37 00:01:46,319 --> 00:01:48,400 Speaker 3: So I just kind of I needed to throw that 38 00:01:48,440 --> 00:01:49,920 Speaker 3: out there. I just I don't know, I didn't want 39 00:01:49,920 --> 00:01:52,480 Speaker 3: to pull it out anyway. This one's for remain because 40 00:01:52,480 --> 00:01:53,800 Speaker 3: I know if I didn't do it, he would do it. 41 00:01:53,920 --> 00:01:58,040 Speaker 3: Grinder up about nineteen percent in today's session, up as 42 00:01:58,120 --> 00:02:01,000 Speaker 3: much as twenty eight percent earlier in the session, and 43 00:02:01,080 --> 00:02:05,040 Speaker 3: the company proposing proposing stakeholder submitted a non mining proposal 44 00:02:05,080 --> 00:02:07,040 Speaker 3: to buy all of the outstanding shares. We've been kind 45 00:02:07,040 --> 00:02:09,240 Speaker 3: of expecting this of the company's common stock that they 46 00:02:09,240 --> 00:02:11,480 Speaker 3: do not already own for eighteen bucks of share stock 47 00:02:11,520 --> 00:02:14,359 Speaker 3: closing at fifteen and change. And then I just want 48 00:02:14,360 --> 00:02:16,800 Speaker 3: to throw in Barrack Mining because just kind of later 49 00:02:17,040 --> 00:02:21,480 Speaker 3: in today's session, Newman said to ideal for Barrack's Nevada 50 00:02:21,639 --> 00:02:24,520 Speaker 3: gold asset. According to folks in the NOS, so we 51 00:02:24,560 --> 00:02:27,280 Speaker 3: did see Barrack kickup about one point seven percent by 52 00:02:27,280 --> 00:02:28,920 Speaker 3: the close. It was a little bit higher introday op 53 00:02:28,960 --> 00:02:30,880 Speaker 3: up almost five percent, up by the end of the 54 00:02:31,120 --> 00:02:33,840 Speaker 3: close at one point seven percent. All right, tim, all yours? 55 00:02:34,040 --> 00:02:36,079 Speaker 4: Okay? I got a few decliners to choose from the 56 00:02:36,120 --> 00:02:38,160 Speaker 4: worst performer an s and P five hundred a day 57 00:02:38,200 --> 00:02:42,919 Speaker 4: Deckers Outdoor, the owner of Hokau and Teva brands. I 58 00:02:43,040 --> 00:02:46,920 Speaker 4: more than fifteen percent today, hit a low not seen 59 00:02:46,960 --> 00:02:50,480 Speaker 4: since pretty much exactly two years ago. The company forecast 60 00:02:50,520 --> 00:02:53,040 Speaker 4: twenty twenty six net sales below the average analyst estimate, 61 00:02:53,440 --> 00:02:57,840 Speaker 4: price target cuts coming from Barkley's Need Them, Telsey, among others, 62 00:02:57,880 --> 00:03:01,680 Speaker 4: Bernstein as well. I should note Alaska Air Group shares 63 00:03:01,720 --> 00:03:05,160 Speaker 4: following more than six percent today wasn't just the results 64 00:03:05,200 --> 00:03:08,119 Speaker 4: that they reported. The third quarter earnings for share miss 65 00:03:08,160 --> 00:03:11,160 Speaker 4: analyst estimates due to a IT outage and bad weather. 66 00:03:11,280 --> 00:03:13,280 Speaker 4: It also warned results for the final months of the 67 00:03:13,360 --> 00:03:15,799 Speaker 4: year will likely come in below previous forecasts. So you 68 00:03:16,080 --> 00:03:18,880 Speaker 4: heard about that IT outage, Well there's another one dealing 69 00:03:18,880 --> 00:03:21,160 Speaker 4: with the aftermath of another IT outage that caused more 70 00:03:21,160 --> 00:03:23,960 Speaker 4: than one hundred flights to be canceled as of earlier today. 71 00:03:23,960 --> 00:03:27,800 Speaker 4: That disruption, though ended at eleven thirty pm Seattle Time Thursday, 72 00:03:27,800 --> 00:03:30,799 Speaker 4: further disruptions were likely Friday as the airline repositions aircraft 73 00:03:31,080 --> 00:03:31,880 Speaker 4: and crew once again. 74 00:03:31,919 --> 00:03:33,720 Speaker 1: Have you seen some of the social media footage of 75 00:03:33,720 --> 00:03:36,119 Speaker 1: all the lines that there, particularly at Sea Tech. 76 00:03:37,200 --> 00:03:38,880 Speaker 4: You just do not want to be on the receiving 77 00:03:39,000 --> 00:03:42,400 Speaker 4: end of a system wide outage like you know Delta 78 00:03:42,400 --> 00:03:44,600 Speaker 4: a couple of years ago with CrowdStrike, right, yeah, or 79 00:03:44,720 --> 00:03:47,920 Speaker 4: Southwest Air remember that romained during the big blizzard a 80 00:03:47,920 --> 00:03:49,320 Speaker 4: few years ago out of Buffalo. 81 00:03:49,440 --> 00:03:50,440 Speaker 1: Yeah, we talked a lot about it. 82 00:03:50,520 --> 00:03:54,040 Speaker 4: Yeah, yeah, I mean it happens, though, it happens, And yeah, 83 00:03:54,040 --> 00:03:56,920 Speaker 4: I guess make sure you don't unplug anything if you're 84 00:03:57,240 --> 00:04:00,280 Speaker 4: in the room that controls everything. I guess. Booze Alan 85 00:04:00,400 --> 00:04:03,480 Speaker 4: Hamilton nine percent to the downside. Those shares fell at 86 00:04:03,480 --> 00:04:05,560 Speaker 4: one point to the lowest since March of twenty twenty three. 87 00:04:05,560 --> 00:04:09,520 Speaker 4: They closed down the lowest since May of twenty twenty three. Yeah, 88 00:04:09,560 --> 00:04:12,000 Speaker 4: may have twenty twenty three. This after the company cut 89 00:04:12,000 --> 00:04:14,000 Speaker 4: its adjusted innings for share guidance for the full year. 90 00:04:14,000 --> 00:04:16,240 Speaker 4: The new guidance fell short of the average analist estimates, 91 00:04:16,360 --> 00:04:19,720 Speaker 4: a double downgrade from Bank of America. Truest also cut 92 00:04:19,760 --> 00:04:20,239 Speaker 4: as well. 93 00:04:20,520 --> 00:04:22,120 Speaker 1: I'm just going to have one honorable mention on there, 94 00:04:22,120 --> 00:04:24,040 Speaker 1: and that was Trade Desk. The shares were up about 95 00:04:24,080 --> 00:04:27,080 Speaker 1: two percent during the session at one point, dropping about 96 00:04:27,120 --> 00:04:29,200 Speaker 1: six percent as we got closer to the close. A 97 00:04:29,279 --> 00:04:31,680 Speaker 1: report ot a ad Week here that they add tech 98 00:04:31,720 --> 00:04:34,720 Speaker 1: platform there and now might be under some pressure from Amazon, 99 00:04:34,760 --> 00:04:38,560 Speaker 1: which is offering agencies a more direct way onto their 100 00:04:38,560 --> 00:04:41,800 Speaker 1: ad platform, basically circumventing Trade Desk. Meanwhile, you take a 101 00:04:41,800 --> 00:04:43,719 Speaker 1: look at the screen here and you see where yields 102 00:04:43,800 --> 00:04:45,960 Speaker 1: end at the day, a modus drop across the board, 103 00:04:46,000 --> 00:04:47,479 Speaker 1: which point out this is a little bit of a flip. 104 00:04:47,520 --> 00:04:50,080 Speaker 1: Remember when we got the CPI report earlier this morning, 105 00:04:50,279 --> 00:04:53,359 Speaker 1: we actually did see yields move in the opposite direction here, 106 00:04:53,640 --> 00:04:56,039 Speaker 1: but that changed course just a bit, and now we 107 00:04:56,080 --> 00:04:58,000 Speaker 1: see a slight drop here which point out though on 108 00:04:58,040 --> 00:05:00,440 Speaker 1: that two year yield, we're actually higher this Friday than 109 00:05:00,440 --> 00:05:03,320 Speaker 1: when we were last Friday, only by about a fraction 110 00:05:03,360 --> 00:05:05,920 Speaker 1: of a basis point, but still basically we've gone nowhere 111 00:05:05,920 --> 00:05:06,919 Speaker 1: over the last five days. 112 00:05:08,120 --> 00:05:12,360 Speaker 2: The Stockmover's report from Bloomberg Radio. Check back with us 113 00:05:12,360 --> 00:05:15,159 Speaker 2: throughout the day for the latest roundup of companies making 114 00:05:15,240 --> 00:05:18,880 Speaker 2: news on Wall Street and for the latest market moving headlines. 115 00:05:19,080 --> 00:05:23,080 Speaker 2: Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg 116 00:05:23,120 --> 00:05:26,200 Speaker 2: dot com, and on Applecarplay and Android Auto with the 117 00:05:26,240 --> 00:05:27,599 Speaker 2: Bloomberg Business app.