WEBVTT - Travel Soars, Critical Metals Gains, Netflix Tanks

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

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<v Speaker 2>This is the closing bell on the Stock Movers report,

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<v Speaker 2>the companies making moves at the close of US trading,

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<v Speaker 2>with Carol Masser, Tim stenovek Romain Bostik, and Katie Greifel.

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<v Speaker 3>Let's go to some of the individual gainers. Katie just

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<v Speaker 3>mentioned consumer discretionary, but no surprise to see things like

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<v Speaker 3>the cruise lines, the airlines really outperforming. Certainly some of

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<v Speaker 3>that has to do with energy prices backing off, and

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<v Speaker 3>you think about fuel certainly for jet air you know

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<v Speaker 3>jet fuel, if you will. We've seen them rise amid

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<v Speaker 3>this US war and Iran. So let's just go through

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<v Speaker 3>some of them. Real Caribbean guys, number one gainer in

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<v Speaker 3>the S and P five hundred, up more than seven percent.

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<v Speaker 3>Carnival also riding higher, up about seven percent. Here, United

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<v Speaker 3>was your number two gator in the S and P

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<v Speaker 3>five hundred, a gain of seven percent. Check out the

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<v Speaker 3>S and P five hundred Airlines index five percent, almost

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<v Speaker 3>five percent to the upside. All nine names in that

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<v Speaker 3>index are higher in today's session, so we've really seen

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<v Speaker 3>some outperformance there. Let's move on over to strategy. MSTR

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<v Speaker 3>is the ticker there. Yep, bitcoin goes up, so does

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<v Speaker 3>strategy go up. So we saw bitcoin going above seventy

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<v Speaker 3>eight thousand dollars at one point, finishing the day around

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<v Speaker 3>seventy seven thousand and change. But we did see strategy.

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<v Speaker 3>I believe it was the number one gainer. Let me

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<v Speaker 3>just pull it up here in the Nasdaq one hundred.

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<v Speaker 3>As I mentioned that stock, YEP number one gainer, up

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<v Speaker 3>almost twelve percent in today's session, So you understand why

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<v Speaker 3>that one moved to the upside. And here's something different.

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<v Speaker 3>But I feel like it plays into a wider theme

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<v Speaker 3>that we've been talking about with this administration and certainly

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<v Speaker 3>over the last few months and last year. Matt is

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<v Speaker 3>a company called Critical Medal. CRML is the ticker. It's

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<v Speaker 3>about a one point six billion dollar market cap as

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<v Speaker 3>of today, thanks to a big bump to the upside,

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<v Speaker 3>up about thirty five percent in today's trade. Company increasing

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<v Speaker 3>its steak in the tambreeze rare earth deposit in Greenland. Yeah, yeah,

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<v Speaker 3>let's see if we get back to that story. Okay,

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<v Speaker 3>they're increasing there.

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<v Speaker 1>Give we just kind of bask in the glory fire

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<v Speaker 1>iron after we move on to the next conflict.

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<v Speaker 3>That's what kind of called me when I read this one,

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<v Speaker 3>increasing their steak to ninety two point five percent from

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<v Speaker 3>forty two percent. So they're basically consolidating ownership of this

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<v Speaker 3>asset that the firm hopes will serve as a serve

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<v Speaker 3>really a US Alliance supply chain stock now up about

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<v Speaker 3>eighty two percent year to date. I will point out

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<v Speaker 3>thirty one percent of the float is short, but nonetheless

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<v Speaker 3>easily some.

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<v Speaker 1>Outperformance the probat with Carol Mass. The best performing sock

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<v Speaker 1>in the S and P five hundred this week.

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<v Speaker 3>Was it Birds.

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<v Speaker 1>No, no, that's an S and P five hundred. Sorry,

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<v Speaker 1>it was Robin Hood.

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<v Speaker 2>Oh Robin Rod.

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<v Speaker 1>Oh yeah, it's not really a nice try, but nice something.

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<v Speaker 4>You know what I mean.

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<v Speaker 3>I was doing so well, you were okay, oh came on.

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<v Speaker 4>The worst performer today in the S and P five

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<v Speaker 4>hundred was Netflix. Let's start there. Twenty four hours ago

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<v Speaker 4>we were dissecting these numbers. Investors had a chance to

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<v Speaker 4>really let them digest today, and they sent shares of

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<v Speaker 4>Netflix down by nine point seven percent, the worst day

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<v Speaker 4>going back to October of twenty twenty five. In fact,

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<v Speaker 4>at one point it was the worst going back to

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<v Speaker 4>April of twenty twenty two. Do you guys remember that, yes,

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<v Speaker 4>thirty five percent, when Netflix fell after reporting the loss

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<v Speaker 4>of a couple hundred thousand subscribers.

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<v Speaker 1>Three years Remember that.

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<v Speaker 5>I'm going to say I forgot that it was that

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<v Speaker 5>back four years ago.

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<v Speaker 4>No, really, that was pretty wild. Yeah, anyway, how things

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<v Speaker 4>have changed. The company forecast earnings for share of seventy

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<v Speaker 4>eight cents in revenue in the twelve point five to

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<v Speaker 4>seven billion dollar range in the three months ending in June.

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<v Speaker 4>That was less than Wall Street estimates. Also read Hastings

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<v Speaker 4>stepping down from the board after twenty nine years at

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<v Speaker 4>the company. But let's get to some other stocks too.

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<v Speaker 4>On the move. Energy stocks took a hit today the

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<v Speaker 4>State Street Energy Select Sector ETF. I picked the whole

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<v Speaker 4>ETF because every energy name was down. That fell by

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<v Speaker 4>two point eight percent. This because Brent crude futures fell

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<v Speaker 4>more than ten percent today, sending energy stocks lower. Also

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<v Speaker 4>because of potential less potential less volatility. This is a

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<v Speaker 4>really one CME group fell today. You also saw shares

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<v Speaker 4>of Intercontinental Exchange, the parent company of the New York

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<v Speaker 4>Stock Exchange Trade Board Markets, also fell, easing tensions to

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<v Speaker 4>the middlease could reduce market volatility that drives trading activity.

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<v Speaker 4>CME shares fell two point nine percent. And finally Figma,

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<v Speaker 4>we do not forget about AI and the effect of

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<v Speaker 4>AI on the stocks. Figma fell six point nine percent.

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<v Speaker 4>Anthropic launched claud Design. It's a product that lets users

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<v Speaker 4>collaborate with claud to create visual works such as prototypes, slides,

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<v Speaker 4>and one at pagers. Claud Design is powered by claud

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<v Speaker 4>Opus four point seven Romain. It's going to roll out

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<v Speaker 4>to users gradually throughout the day.

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<v Speaker 1>Let's quite check in on yields, because of course that

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<v Speaker 1>was a big component of the story for the moves

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<v Speaker 1>that we saw in equities. Equities rallying for a third

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<v Speaker 1>straight week, in yield dropping for a third straight week

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<v Speaker 1>on the day. That's what you're looking at here and

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<v Speaker 1>almost near parallel shift downward in the curve, down about

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<v Speaker 1>eight basis points on the two year yield and seven

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<v Speaker 1>basis points on your benchmark ten year yield.

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<v Speaker 3>All right, guys, let's get to some stories that are

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<v Speaker 3>certainly on our radar. We've got to I think everybody's

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<v Speaker 3>been kind of talking about this week. Train tickets for

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<v Speaker 3>the FIFA World Cup will cost one hundred and fifty

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<v Speaker 3>dollars per round trip train ticket. The New York New

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<v Speaker 3>Jersey host committee in New Jersey.

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<v Speaker 1>Trump so confused by this. No, no, you know, I

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<v Speaker 1>don't go to New Jersey, but you're from New Jersey.

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<v Speaker 2>Wow.

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<v Speaker 3>But I'm but I've actually heard otherwise.

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<v Speaker 1>But continue, But just to be clear, I mean this

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<v Speaker 1>is basically on a normal day, like what like a

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<v Speaker 1>thirteen dollars ticket, and they're raising it to one hundred

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<v Speaker 1>something dollar. They can just do that.

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<v Speaker 5>It's surge pricing, surge pricing effectively.

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<v Speaker 1>So can you like the people that aren't going to

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<v Speaker 1>the World Cup they also have to pay this.

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<v Speaker 4>Well, I don't know if they're going to get to

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<v Speaker 4>go anywhere because regular commuters from Penn Station into New

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<v Speaker 4>Jersey will actually be suspended for four hours before the match.

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<v Speaker 1>Wow.

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<v Speaker 4>So they say work from home on days when they're matches.

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<v Speaker 1>I guess my question L should marked down the days

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<v Speaker 1>of the World Cup and just assume that nobody's coming

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<v Speaker 1>into the office.

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<v Speaker 4>Charlie Pellett Charlie Pellett made the good point to me

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<v Speaker 4>when we were talking about this earlier. He's a huge

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<v Speaker 4>fan of mass transit, like there have been super voice

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<v Speaker 4>of mass Super Bowls. He's the voice of best Transit.

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<v Speaker 4>You're right, super Bowls, you know, at these stadiums before,

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<v Speaker 4>and they've been able to handle the capacity. So what's

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<v Speaker 4>so different about the World Cup. I don't know.

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<v Speaker 5>Good question.

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<v Speaker 4>One hundred and fifty bucks.

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<v Speaker 5>You mentioned the stadium. Yeah, do you want to talk

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<v Speaker 5>about it.

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<v Speaker 1>Because stadium I can't wait.

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<v Speaker 2>To go to.

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<v Speaker 5>Think I've been seeing of myself met when we're coming

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<v Speaker 5>to New Jersey.

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<v Speaker 3>We're not letting you in the way. Well, sorry, Katie.

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<v Speaker 5>First of all, it's not met life anymore, at least

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<v Speaker 5>when it comes to the World Cup. It's going to

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<v Speaker 5>be called the New York New Jersey Stadium, which is

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<v Speaker 5>insane because it's in New Jersey. It should be the

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<v Speaker 5>New Jersey New York Stadium that would make the most sense.

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<v Speaker 4>Or maybe just the New Jersey Stadium.

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<v Speaker 5>Thank you, Tim, thank you.

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<v Speaker 4>You know there are sports teams I'm told that play

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<v Speaker 4>at some of these stadiums that are called the New

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<v Speaker 4>York something.

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<v Speaker 5>Uh huh yeah, New York Giants, yeah.

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<v Speaker 4>Right, yeah, and they play in New Jersey.

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<v Speaker 5>Yeah, it's funny.

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<v Speaker 1>You just pretend, well, as you know, Tim, I stay

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<v Speaker 1>away from New Jersey. But I amous though about that.

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<v Speaker 1>Are they just as FIFA just holding out to get

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<v Speaker 1>another branding here because that's a very generic name. I

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<v Speaker 1>me know, no shade on New York New Jersey, But

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<v Speaker 1>I mean like like they couldn't come up with something creative,

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<v Speaker 1>Like they couldn't have soccer ball stadium.

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<v Speaker 5>I just don't know, but uh alee Arena, at least

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<v Speaker 5>for now, or at least for these games, it'll be

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<v Speaker 5>the New York New Jersey sand of God. Don't just

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<v Speaker 5>gotta go.

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<v Speaker 3>Hey, Katie, what's up with him?

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<v Speaker 1>There's no off position? What is that?

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<v Speaker 3>Can you unplug him?

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<v Speaker 5>Please?

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<v Speaker 2>Now?

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<v Speaker 5>Not until five pm?

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<v Speaker 1>I need him? No, I'm medicine here.

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

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