Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 2: This is the closing bell on the Stock Movers report,
Speaker 2: the companies making moves at the close of US trading,
Speaker 2: with Carol Masser, Tim stenovek Romain Bostik, and Katie Greifel.
Speaker 3: Let's go to some of the individual gainers. Katie just
Speaker 3: mentioned consumer discretionary, but no surprise to see things like
Speaker 3: the cruise lines, the airlines really outperforming. Certainly some of
Speaker 3: that has to do with energy prices backing off, and
Speaker 3: you think about fuel certainly for jet air you know
Speaker 3: jet fuel, if you will. We've seen them rise amid
Speaker 3: this US war and Iran. So let's just go through
Speaker 3: some of them. Real Caribbean guys, number one gainer in
Speaker 3: the S and P five hundred, up more than seven percent.
Speaker 3: Carnival also riding higher, up about seven percent. Here, United
Speaker 3: was your number two gator in the S and P
Speaker 3: five hundred, a gain of seven percent. Check out the
Speaker 3: S and P five hundred Airlines index five percent, almost
Speaker 3: five percent to the upside. All nine names in that
Speaker 3: index are higher in today's session, so we've really seen
Speaker 3: some outperformance there. Let's move on over to strategy. MSTR
Speaker 3: is the ticker there. Yep, bitcoin goes up, so does
Speaker 3: strategy go up. So we saw bitcoin going above seventy
Speaker 3: eight thousand dollars at one point, finishing the day around
Speaker 3: seventy seven thousand and change. But we did see strategy.
Speaker 3: I believe it was the number one gainer. Let me
Speaker 3: just pull it up here in the Nasdaq one hundred.
Speaker 3: As I mentioned that stock, YEP number one gainer, up
Speaker 3: almost twelve percent in today's session, So you understand why
Speaker 3: that one moved to the upside. And here's something different.
Speaker 3: But I feel like it plays into a wider theme
Speaker 3: that we've been talking about with this administration and certainly
Speaker 3: over the last few months and last year. Matt is
Speaker 3: a company called Critical Medal. CRML is the ticker. It's
Speaker 3: about a one point six billion dollar market cap as
Speaker 3: of today, thanks to a big bump to the upside,
Speaker 3: up about thirty five percent in today's trade. Company increasing
Speaker 3: its steak in the tambreeze rare earth deposit in Greenland. Yeah, yeah,
Speaker 3: let's see if we get back to that story. Okay,
Speaker 3: they're increasing there.
Speaker 1: Give we just kind of bask in the glory fire
Speaker 1: iron after we move on to the next conflict.
Speaker 3: That's what kind of called me when I read this one,
Speaker 3: increasing their steak to ninety two point five percent from
Speaker 3: forty two percent. So they're basically consolidating ownership of this
Speaker 3: asset that the firm hopes will serve as a serve
Speaker 3: really a US Alliance supply chain stock now up about
Speaker 3: eighty two percent year to date. I will point out
Speaker 3: thirty one percent of the float is short, but nonetheless
Speaker 3: easily some.
Speaker 1: Outperformance the probat with Carol Mass. The best performing sock
Speaker 1: in the S and P five hundred this week.
Speaker 3: Was it Birds.
Speaker 1: No, no, that's an S and P five hundred. Sorry,
Speaker 1: it was Robin Hood.
Speaker 2: Oh Robin Rod.
Speaker 1: Oh yeah, it's not really a nice try, but nice something.
Speaker 4: You know what I mean.
Speaker 3: I was doing so well, you were okay, oh came on.
Speaker 4: The worst performer today in the S and P five
Speaker 4: hundred was Netflix. Let's start there. Twenty four hours ago
Speaker 4: we were dissecting these numbers. Investors had a chance to
Speaker 4: really let them digest today, and they sent shares of
Speaker 4: Netflix down by nine point seven percent, the worst day
Speaker 4: going back to October of twenty twenty five. In fact,
Speaker 4: at one point it was the worst going back to
Speaker 4: April of twenty twenty two. Do you guys remember that, yes,
Speaker 4: thirty five percent, when Netflix fell after reporting the loss
Speaker 4: of a couple hundred thousand subscribers.
Speaker 1: Three years Remember that.
Speaker 5: I'm going to say I forgot that it was that
Speaker 5: back four years ago.
Speaker 4: No, really, that was pretty wild. Yeah, anyway, how things
Speaker 4: have changed. The company forecast earnings for share of seventy
Speaker 4: eight cents in revenue in the twelve point five to
Speaker 4: seven billion dollar range in the three months ending in June.
Speaker 4: That was less than Wall Street estimates. Also read Hastings
Speaker 4: stepping down from the board after twenty nine years at
Speaker 4: the company. But let's get to some other stocks too.
Speaker 4: On the move. Energy stocks took a hit today the
Speaker 4: State Street Energy Select Sector ETF. I picked the whole
Speaker 4: ETF because every energy name was down. That fell by
Speaker 4: two point eight percent. This because Brent crude futures fell
Speaker 4: more than ten percent today, sending energy stocks lower. Also
Speaker 4: because of potential less potential less volatility. This is a
Speaker 4: really one CME group fell today. You also saw shares
Speaker 4: of Intercontinental Exchange, the parent company of the New York
Speaker 4: Stock Exchange Trade Board Markets, also fell, easing tensions to
Speaker 4: the middlease could reduce market volatility that drives trading activity.
Speaker 4: CME shares fell two point nine percent. And finally Figma,
Speaker 4: we do not forget about AI and the effect of
Speaker 4: AI on the stocks. Figma fell six point nine percent.
Speaker 4: Anthropic launched claud Design. It's a product that lets users
Speaker 4: collaborate with claud to create visual works such as prototypes, slides,
Speaker 4: and one at pagers. Claud Design is powered by claud
Speaker 4: Opus four point seven Romain. It's going to roll out
Speaker 4: to users gradually throughout the day.
Speaker 1: Let's quite check in on yields, because of course that
Speaker 1: was a big component of the story for the moves
Speaker 1: that we saw in equities. Equities rallying for a third
Speaker 1: straight week, in yield dropping for a third straight week
Speaker 1: on the day. That's what you're looking at here and
Speaker 1: almost near parallel shift downward in the curve, down about
Speaker 1: eight basis points on the two year yield and seven
Speaker 1: basis points on your benchmark ten year yield.
Speaker 3: All right, guys, let's get to some stories that are
Speaker 3: certainly on our radar. We've got to I think everybody's
Speaker 3: been kind of talking about this week. Train tickets for
Speaker 3: the FIFA World Cup will cost one hundred and fifty
Speaker 3: dollars per round trip train ticket. The New York New
Speaker 3: Jersey host committee in New Jersey.
Speaker 1: Trump so confused by this. No, no, you know, I
Speaker 1: don't go to New Jersey, but you're from New Jersey.
Speaker 2: Wow.
Speaker 3: But I'm but I've actually heard otherwise.
Speaker 1: But continue, But just to be clear, I mean this
Speaker 1: is basically on a normal day, like what like a
Speaker 1: thirteen dollars ticket, and they're raising it to one hundred
Speaker 1: something dollar. They can just do that.
Speaker 5: It's surge pricing, surge pricing effectively.
Speaker 1: So can you like the people that aren't going to
Speaker 1: the World Cup they also have to pay this.
Speaker 4: Well, I don't know if they're going to get to
Speaker 4: go anywhere because regular commuters from Penn Station into New
Speaker 4: Jersey will actually be suspended for four hours before the match.
Speaker 1: Wow.
Speaker 4: So they say work from home on days when they're matches.
Speaker 1: I guess my question L should marked down the days
Speaker 1: of the World Cup and just assume that nobody's coming
Speaker 1: into the office.
Speaker 4: Charlie Pellett Charlie Pellett made the good point to me
Speaker 4: when we were talking about this earlier. He's a huge
Speaker 4: fan of mass transit, like there have been super voice
Speaker 4: of mass Super Bowls. He's the voice of best Transit.
Speaker 4: You're right, super Bowls, you know, at these stadiums before,
Speaker 4: and they've been able to handle the capacity. So what's
Speaker 4: so different about the World Cup. I don't know.
Speaker 5: Good question.
Speaker 4: One hundred and fifty bucks.
Speaker 5: You mentioned the stadium. Yeah, do you want to talk
Speaker 5: about it.
Speaker 1: Because stadium I can't wait.
Speaker 2: To go to.
Speaker 5: Think I've been seeing of myself met when we're coming
Speaker 5: to New Jersey.
Speaker 3: We're not letting you in the way. Well, sorry, Katie.
Speaker 5: First of all, it's not met life anymore, at least
Speaker 5: when it comes to the World Cup. It's going to
Speaker 5: be called the New York New Jersey Stadium, which is
Speaker 5: insane because it's in New Jersey. It should be the
Speaker 5: New Jersey New York Stadium that would make the most sense.
Speaker 4: Or maybe just the New Jersey Stadium.
Speaker 5: Thank you, Tim, thank you.
Speaker 4: You know there are sports teams I'm told that play
Speaker 4: at some of these stadiums that are called the New
Speaker 4: York something.
Speaker 5: Uh huh yeah, New York Giants, yeah.
Speaker 4: Right, yeah, and they play in New Jersey.
Speaker 5: Yeah, it's funny.
Speaker 1: You just pretend, well, as you know, Tim, I stay
Speaker 1: away from New Jersey. But I amous though about that.
Speaker 1: Are they just as FIFA just holding out to get
Speaker 1: another branding here because that's a very generic name. I
Speaker 1: me know, no shade on New York New Jersey, But
Speaker 1: I mean like like they couldn't come up with something creative,
Speaker 1: Like they couldn't have soccer ball stadium.
Speaker 5: I just don't know, but uh alee Arena, at least
Speaker 5: for now, or at least for these games, it'll be
Speaker 5: the New York New Jersey sand of God. Don't just
Speaker 5: gotta go.
Speaker 3: Hey, Katie, what's up with him?
Speaker 1: There's no off position? What is that?
Speaker 3: Can you unplug him?
Speaker 5: Please?
Speaker 2: Now?
Speaker 5: Not until five pm?
Speaker 1: I need him? No, I'm medicine here.
Speaker 2: The Stock Mover's report from Bloomberg Radio. Check back with
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