WEBVTT - Robinhood Gains, Dell Rallies, Deere Drops

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, Radio News.

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<v Speaker 2>The Stock Movers Report, your roundup of companies making moves

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<v Speaker 2>in the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 3>I'm Tim Stanaveech along with Carol Mass Let's take a

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<v Speaker 3>look at some stocks on the move. We're joined by

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<v Speaker 3>Bloomberg News cross asset reporter Danita Sikova. DANITZA, what did

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<v Speaker 3>you pick?

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<v Speaker 4>Let's talk about prediction markets and robin Hoods shares gained

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<v Speaker 4>eleven percent today. The news was coming yesterday as robin

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<v Speaker 4>Hood and SIG are taking over a regulated exchange that

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<v Speaker 4>actually was tied to FTX before, so some not necessarily

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<v Speaker 4>a great karma there. They're buying a majority stake at

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<v Speaker 4>ledger X. Both of the company already participate in prediction markets,

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<v Speaker 4>so this is an interesting choice. So SAG serves as

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<v Speaker 4>a market maker on Kushi and robin Hood offers Cawshi contracts.

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<v Speaker 4>There are more. Most recent earnings release, robbin Hood said

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<v Speaker 4>that they're customers traded two point three billion event contracts,

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<v Speaker 4>which is a lot because I think the total monthly

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<v Speaker 4>contract is about eight billions, so they're definitely getting a

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<v Speaker 4>big market share.

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<v Speaker 1>This is all it on this production.

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<v Speaker 3>I was this is this is didn't be the thing

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<v Speaker 3>to watch. I mean it was the thing to watch

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<v Speaker 3>last year in the elections, but this is from a

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<v Speaker 3>regulatory perspective and also from a human nature perspective, I

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<v Speaker 3>think this is going to be an area to watch.

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<v Speaker 4>It's really fascinating. The right thinks weather contracts, Labuobus is

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<v Speaker 4>just like becoming everything.

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<v Speaker 1>What is that booboo la boobos?

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<v Speaker 4>Yeah, you can predict the price of lable bikes.

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<v Speaker 1>I feel like, hey, Brotherhood, I'm just always blown away.

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<v Speaker 1>They're up two hundred and forty four percent year to day. Incredible,

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<v Speaker 1>And what did we see in today's session? Today's session

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<v Speaker 1>eleven percent? And there was some voltie in the last

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<v Speaker 1>two weeks and still two hundred and forty five percent

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<v Speaker 1>here today. The ticker is Hood.

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<v Speaker 3>Okay, what do you got for us next?

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<v Speaker 4>I have? The technology is up six percent obviously compared

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<v Speaker 4>to del Yes Easy Straightforward. It raised its annual projection

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<v Speaker 4>for the key artificial intagers server market. The technology continues

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<v Speaker 4>to see momentum in its artificial integers businessness. One number

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<v Speaker 4>that has been taken away twelve thirteen point billion in

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<v Speaker 4>orders during the latest quarter in October, Dell roughly doubleted

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<v Speaker 4>growth estimates for sales and profit. If you remember, there

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<v Speaker 4>was quite a significant rally over this Still, despite some

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<v Speaker 4>of the optimism today and that earlier rally in October,

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<v Speaker 4>the stock is a sixteen percent year today, which compared

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<v Speaker 4>to some of the AI darlings and the cheap markers,

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<v Speaker 4>it's pretty relatively small rally. Unprecedented spending on AI data

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<v Speaker 4>center and tasks has boosted amount for those machines. But

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<v Speaker 4>of course people are worried about spending and that has

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<v Speaker 4>been on display. And there was actually one of the

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<v Speaker 4>companies that was called into this AI bubbles off and

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<v Speaker 4>was down a lot in the last couple of week.

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<v Speaker 4>Some relieve there, but we actually saw some downgrades after

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<v Speaker 4>their report. We saw Ubs and Barclay's downgrades. So despite

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<v Speaker 4>the good report, it seems like people are still watching

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<v Speaker 4>spending very closely.

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<v Speaker 3>Okay, that's the latest with Dell for something.

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<v Speaker 1>Can I just say Dallas down almost twenty percent since

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<v Speaker 1>like that late October? Yeah, high recent high.

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<v Speaker 4>It was one of the big losers there.

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<v Speaker 1>Oh dear, let's go to Deerd.

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<v Speaker 3>I was going to say something a little less. I

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<v Speaker 3>was going to say like less high tech, but actually

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<v Speaker 3>Deer does a lot with like giving me an evil

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<v Speaker 3>they do. They do a lot with really interesting tech

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<v Speaker 3>like GPS stuff and like autonomous.

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<v Speaker 1>Yeah, they do really cool stuff.

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<v Speaker 3>That's what I'm a company formerly known as John Dear.

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<v Speaker 4>Everything is tech now. Deer shares fail about five point

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<v Speaker 4>seven percent today. This is the most since August. The

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<v Speaker 4>tractor makers forecast for twenty twenty six net income came

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<v Speaker 4>below the average on the list estimate. The ticker is

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<v Speaker 4>d E. Of course, it's been a difficult year for

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<v Speaker 4>farmers and this is yet another disappointment. Farmers have been

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<v Speaker 4>grappling with President Trump star if policies. There isn't deal

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<v Speaker 4>which China is raising hopes, but there are still questions

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<v Speaker 4>on whether that will help. And Dere said the name

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<v Speaker 4>income in twenty twenty six weeks ear will be between

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<v Speaker 4>four and four seventy five billion. Bloomer estimate was five

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<v Speaker 4>thirty one billion, so big up there and that can

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<v Speaker 4>explain some of the reactions. The stock is up about

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<v Speaker 4>eleven percent year to date, but clearly the last few

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<v Speaker 4>years haven't been ears of strong growth. De're estimated twenty

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<v Speaker 4>twenty six sales for its large agriculture segments, which cutters

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<v Speaker 4>to the US and Canada, will be down fifteen to

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<v Speaker 4>twenty percent, so the outlook is not necessarily.

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<v Speaker 3>Great, so want to watch Dear.

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<v Speaker 2>The Stock Mover's report from Bloomberg Radio. Check back with

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