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Speaker 1: Bloomberg Audio Studios, Podcasts, radio news.

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Speaker 2: This is the closing bell on this stock mover's report.

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Speaker 2: The companies making moves at the close of US trading

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Speaker 2: with Carol Master, Tim Steneback, Romain, Bostick, and Scarlet Food Paul.

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Speaker 1: Eleven of the SMP sectors were in the green on

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Speaker 1: the day, led primarily by consumer discretionary stocks and tech stocks,

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Speaker 1: both of those indices up about three percent on the day.

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Speaker 1: The laggards relative laggerts. We should point out energy utilities

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Speaker 1: and consumer staples, and they lagged because they were only

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Speaker 1: up by one percent.

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Speaker 3: We're Scarlet, I'm not used to like Scarlet not doing

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Speaker 3: the iMac.

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Speaker 4: Wow, are you dissing? Romain? Act delivered? Delivered?

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Speaker 2: You did well.

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Speaker 1: It just was like said the spinach pot.

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Speaker 3: All right, all right now it feels like it should.

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Speaker 3: All right, let's get to some of the individual gainers.

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Speaker 2: All hold us there.

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Speaker 3: OCTA earnings. Excuse me, I'm busy. I'm actually working here.

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Speaker 3: Oct Out with first quoter just a DPS eighty six

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Speaker 3: cents a share. The st men on the street was

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Speaker 3: seventy eight cents, so coming in stronger than expected. First

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Speaker 3: quot A revenue folks six hundred and eighty eight million.

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Speaker 3: That two is coming in better than expected six eighty

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Speaker 3: point six million. Stocks down about eleven percent. So here's

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Speaker 3: the outlook. Second quarter revenue seven hundred and ten to

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Speaker 3: seven hundred and twelve million. The estimate is seven hundred

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Speaker 3: and nine point eight million. Investors not eleven it guys though,

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Speaker 3: stockdown about ten percent, so there's got to be a

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Speaker 3: little bit more to it. So we'll wait for some

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Speaker 3: more headlines to come across. In the meantime, let's do

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Speaker 3: some of the individual GAINERSH Logic definitely on that list,

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Speaker 3: up about fourteen and a half percent of twenty five

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Speaker 3: percent of its highs today but finishing with about a

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Speaker 3: fourteen percent gain. We also saw a trading pause, top

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Speaker 3: gainer in the S and P five hundred TPG and

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Speaker 3: Blackstone making an approach to take the company private, offering

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Speaker 3: to buy the group for more than sixteen billion. This

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Speaker 3: is coming from the Financial Times signing unidentified people familiar

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Speaker 3: with the matter, so definitely a stand out there. US

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Speaker 3: Steel Steele excuse me, also and now Performer that's stock

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Speaker 3: up about two percent in today's session. After CNBC's David

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Speaker 3: Faber said that US Steel Nipon deal is going to close,

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Speaker 3: probably very soon. There's been a lot of speculation after

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Speaker 3: last week there was reports from the President about a partnership.

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Speaker 3: But nonetheless, we're expecting maybe some news on Friday, so

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Speaker 3: we'll see where that goes. Warner Brothers Discovery guys, it

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Speaker 3: was up about six percent in today's session. I'm not

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Speaker 3: sure that there was a clear catalyst, Benzinga writing that

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Speaker 3: the video game adaptation of the Last of Us has

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Speaker 3: been one of the most watched and anticipated series on

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Speaker 3: HBO and Max. Sin's the release of its first season

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Speaker 3: in twenty twenty three, so the second season's over. Everybody's

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Speaker 3: looking at those viewership numbers, so maybe that gives the

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Speaker 3: stock some juice. And I had to do this one.

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Speaker 3: This is kind of a gift for you. Ten Tim

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Speaker 3: Vertical Aerospace Amy Tall is the ticker EVTL of about

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Speaker 3: fourteen and a half percent. The company says it made

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Speaker 3: European aviation history with the first ever piloted flight of

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Speaker 3: a winged atric vertical takeoff and landing EBTOL aircraft in

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Speaker 3: open air space. So there you have it.

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Speaker 5: Cool.

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Speaker 3: I had to go for four want to how it's.

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Speaker 5: Going to be. How loud is it going to be?

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Speaker 5: That's the question I have. Also, slipping pickings are really

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Speaker 5: slim when it comes to decliners today, guys, on a

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Speaker 5: day where you see such broad based rallying, bear with me,

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Speaker 5: though we got a thirteen point six percent decline to

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Speaker 5: ADRs of PDD Holdings, it is the parent company of Timu.

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Speaker 5: The stock here or the ADRs here in the US

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Speaker 5: fill as much as eighteen point four percent. The company's

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Speaker 5: quarterly sales and profit miss estimates, though did highlight the

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Speaker 5: impact of trade tensions between Washington and Beijing on its business.

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Speaker 5: The company does face intensifying competition in the domestic China

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Speaker 5: market by the shifting trade policies from the Trump administration

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Speaker 5: that have hurt Timu and will have to make pricey

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Speaker 5: investments to adjust its business model that can profitability in

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Speaker 5: the short term. And speaking of the Trump administration, the

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Speaker 5: President's Trump Media and Technology Group, the company that he

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Speaker 5: owns a good portion of shares, shares felt today by

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Speaker 5: ten point four percent. The company did agree to sell

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Speaker 5: around one point five billion dollars in stock and a

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Speaker 5: billion dollars in convertible bonds to buy bitcoin for it's treasury.

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Speaker 5: If that sounds familiar, it's because it's exactly or pretty

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Speaker 5: similar to what Michael Saylor has done over at The

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Speaker 5: company formerly known as MicroStrategy, now called Strategy. Shares fell

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Speaker 5: as much as twelve percent earlier in the session, but

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Speaker 5: again closed down by about ten point four percent. The

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Speaker 5: company has about seven hundred and sixty million dollars in

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Speaker 5: cash to defend against the financial institution and create synergies

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Speaker 5: for subscription payments and other transactions. Finally, talking about severa pharmaceuticals,

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Speaker 5: It's Pharmaceutical Company fell as much as thirty three percent

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Speaker 5: in the session, down thirty two percent on the day.

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Speaker 5: This after the FDA said the company's drub out, a

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Speaker 5: drug application for mulbrivi to treat patients with a rare

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Speaker 5: lung disease, was incomplete and needed to be refiled.

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Speaker 4: All right, I'm going to the bond market, guys. That's

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Speaker 4: where the action continues to be. We stop buying all

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Speaker 4: across the curve, and look at that back end, down

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Speaker 4: by eight basis points. That was the biggest drop in

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Speaker 4: yields since March. So take a look at that. Now,

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Speaker 4: we had that two year auction. It was all right.

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Speaker 4: I mean, the bid to cover was strong, but so

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Speaker 4: was the high yield rate coming at three point ninety

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Speaker 4: five percent, meaning that like there are buyers at at

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Speaker 4: what yield they need that juice her yield in order

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Speaker 4: to buy. But a lot of this was dictated by

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Speaker 4: what the finance minister in Japan talked about potentially reducing

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Speaker 4: those long term issuance within the market, and we saw

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Speaker 4: global bond rally, particularly in the back end because of that.

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Speaker 2: The Stock Movers Report from Bloomberg Radio. Check back with

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