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

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Speaker 2: The Stock Movers Report, your roundup of companies making moves

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Speaker 2: in the stock market, harnessing the power of Bloomberg Data.

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Speaker 3: I'm Jim Statobek along with Carol Master. Let's take a

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Speaker 3: look at some of the stocks on the move today

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Speaker 3: with US. Now is Bloomberg News cross ass at reporter

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Speaker 3: Emily Graffeo, Emily, what's on your radar?

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Speaker 4: Okay, So I'm looking at a stock that is a

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Speaker 4: lot higher today despite the indexes being down. D Wave Quantum.

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Speaker 4: The ticker is qb TS. So the quantum computing trade

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Speaker 4: has been one that's been very popular with retail vesters.

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Speaker 1: We shift from AI to quantum. But yeah, it's all connected.

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Speaker 4: I don't admit to be a quantum computing expert.

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Speaker 5: It's just quantum computing.

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Speaker 1: Yeah, it's just it's not rocket science. Went away, mister

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Speaker 1: jenne go ahead.

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Speaker 4: But the company announced that they announced today that general

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Speaker 4: availability of a new quantum computing system, and they said

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Speaker 4: that this new type of computer can solve complex problems

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Speaker 4: beyond the reach of what classical computers could do. So

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Speaker 4: the stock is up twenty six percent right now. We

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Speaker 4: know it's popular with retail investors because there's a quantum

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Speaker 4: computing ETF and then there's also an ETF that gives

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Speaker 4: you double leverage on this stock the tickers qbt X,

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Speaker 4: and it was up sixty percent today.

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Speaker 3: We're still doing the leverage single stocks thing.

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Speaker 1: Oh yes, we are still very much doing that.

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Speaker 4: This space is like fifteen billion dollars now of just

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Speaker 4: like single stock leverage ETFs. So this is one of them,

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Speaker 4: two x this quantum stock.

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Speaker 1: And by the way, thank you Google.

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Speaker 5: Quantum and quantum computing and AI not the same thing.

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Speaker 5: AI a broad field of computer science focused on creating

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Speaker 5: intelligence agents. Carol Well.

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Speaker 1: Quantum computing is.

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Speaker 5: A specialized form of computing that leverages quantum mechanics to

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Speaker 5: SOLF specific types of.

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Speaker 3: Are using on the AI Overview tool on I might

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Speaker 3: be Google to tell you the answer to this might Okay,

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Speaker 3: I'm just checking.

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Speaker 5: Yeah, I'm just checking checking my source.

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Speaker 2: But I looked at it a couple different explanations.

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Speaker 4: Yeah, it's like it has something to do with the

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Speaker 4: way that the computer solves problems is different.

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Speaker 1: It's all getting super smart, isn't it. Yes? Essentially? All right,

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Speaker 1: where do you want to go next?

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Speaker 2: All right?

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Speaker 1: Victoria's Secret. Those shares are hired way there.

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Speaker 4: This is a company that I guess you know, we're

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Speaker 4: all more familiar with than quantum computing. But the retailer

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Speaker 4: is adopting a shareholder rights plan otherwise known as a

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Speaker 4: poison pill. To thward, b b RC International, which is

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Speaker 4: an investor that has a thirteen percent stake in the company,

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Speaker 4: and Victoria's Secret said today that this company has a

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Speaker 4: history of acquiring controlling interests in retailers, so they came

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Speaker 4: up with the shareholder rights plan that if any investor

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Speaker 4: requires fifteen percent of outstanding common stock, it'll trigger this plan,

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Speaker 4: and then.

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Speaker 1: Victoria's Secret issues one right for each share.

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Speaker 4: So, at least judging by the market action today in

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Speaker 4: the stock, the shareholders are happy with this again so

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Speaker 4: called poison pill. The stock is up right now, yeah,

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Speaker 4: two and a half percent.

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Speaker 1: Stock's down a lot though for the year the down

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Speaker 1: I know.

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Speaker 4: So I guess this investor is like, I want to

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Speaker 4: get in there and change things. I guess so, right,

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Speaker 4: the shareholders and the company itself. Who there against that?

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Speaker 5: Do you shut there? Sorry?

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Speaker 1: Is that personal shot there?

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Speaker 3: I'm going to move on to ameres amer Sports. This

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Speaker 3: is a company that I'm more familiar with pajamas.

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Speaker 1: They do socks.

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Speaker 3: Yeah, it's the parent company of Solomon and Wilson Sporting

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Speaker 3: goods as well.

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Speaker 4: They make tennis rackets. This stock is surging, that's right.

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Speaker 4: So this yeah, this company I shot at. They make

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Speaker 4: Arctics too, which is a very popular rain jacket brand,

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Speaker 4: which is funny because it's supposed to be for people

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Speaker 4: like scaling Mount Everest. But a lot of Wall Street, uh, bros.

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Speaker 5: See a lot of New York City.

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Speaker 4: You've seen a lot of intown Manhattan nailing the subway, Yes, exactly.

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Speaker 3: Hey the fifty ninth Street stop at you know the

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Speaker 3: express that stick ass, that's a.

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Speaker 1: Lot of steps.

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Speaker 5: That's a lot of steps.

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Speaker 1: I agree with you. Okay, so fair enough.

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Speaker 4: They boosted their annual profit out there as an escalator, Yes, yes,

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Speaker 4: which is a good thing for a company to do.

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Speaker 4: Right now, we're seeing a lot of companies scale back guidance.

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Speaker 4: But they said we're full speed ahead. And then they

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Speaker 4: also beat on first quarter revenue. The commentary included one

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Speaker 4: comment that the company expects the impact from higher tariffs

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Speaker 4: to be negligible.

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Speaker 1: So that's that's what you want.

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Speaker 4: To hear when you're an investor in this market where

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Speaker 4: so many companies are coming out and citing all of

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Speaker 4: this uncertainty and volatility related to tariffs and mayor sports said, Eh,

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Speaker 4: it's negligible. We're going to figure it out.

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Speaker 5: Having a good year, Yeah, IPO not that long ago to.

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Speaker 1: Yes, yeah, ammor right, amor America? Oh what is it?

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Speaker 3: Arctarix, Solomon Wilson, Peak Performance, Atomic, Armada and.

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Speaker 1: In the industry. But how do you say?

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Speaker 5: Is its amor?

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Speaker 1: Okay?

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Speaker 3: Oh?

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Speaker 1: I apologize, no, no, no, no no. I was questioning

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Speaker 1: because I wasn't sure eased.

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Speaker 5: In Finland of all places.

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Speaker 1: Look at that.

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Speaker 5: Sounds like you may not shop up at Victoria's Secret,

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Speaker 5: but you obviously knows about a sports. Try to move

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Speaker 5: away from things, Carol, Yeah, bring us right back.

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Speaker 1: Just count on me to do that.

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Speaker 2: This stock Movers report from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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