Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 2: The Stock Movers report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg Data.
Speaker 1: I'm Carol Master along with Emily Grafail. Let's get to
Speaker 1: some stocks on the move with us. To do that,
Speaker 1: Bloomberg News Equities reporter Avalon Pronell She is right here
Speaker 1: in studio. We're going to get to maybe some chip
Speaker 1: names or a chip name in just a moment. But
Speaker 1: let's talk about you've got some decliners in today's session.
Speaker 3: Yes, we have to start off with O'Reilly. That's ticker
Speaker 3: O r l Y currently slipping.
Speaker 1: And if we're lucky, Emily will hum the two.
Speaker 4: Thus little jingle will not a doable potion continue all right,
Speaker 4: go ahead.
Speaker 3: I'm Hyley. Yes, those shares are slipping right about six
Speaker 3: point one percent today, most in today since twenty twenty five.
Speaker 3: And that's after Bloomberg reported just last week that the
Speaker 3: firm has express interest in acquiring Genuine Parts Auto Parts unit,
Speaker 3: which for those unfamiliar is NAPA Auto. And to say
Speaker 3: the least, Wall Street analysts are very mixed about this,
Speaker 3: Miszoo hosts saying that they see a very low likelihood
Speaker 3: that O'Reilly would be willing to take all of the
Speaker 3: NAPA auto parts business and also the international portfolio, just
Speaker 3: given the differences in their distribution networks. Still, this is
Speaker 3: making O'Reilly one of the worst performers today.
Speaker 4: Kind of rough their description Carol on the Bloomberg es page.
Speaker 4: The company sells its products to do it yourself customers.
Speaker 4: I don't know if I would ever DIY a car,
Speaker 4: but I guess some people care for me.
Speaker 2: It's okay.
Speaker 1: I was having a conversation over the weekend my dad,
Speaker 1: Like he used to work on his cars, Like that's
Speaker 1: just what people did, Like you worked on things. He
Speaker 1: taught us all how to check our oil, like keep
Speaker 1: track of our mileage, like we used to have to
Speaker 1: record things. So like people did that. Cars used to
Speaker 1: rust out too. They don't really rust out anymore, but
Speaker 1: there are people who do that. So just Dad's dad's exact.
Speaker 4: It's called call dad.
Speaker 1: It's called dad.
Speaker 3: All right.
Speaker 1: Let's get to another decliner.
Speaker 3: Tickers AMC Yes, AMC. Entertainment currently dropping about eight point
Speaker 3: two percent, and that's after box office sales for Minions
Speaker 3: and Monsters posted a weaker than expected numbers over Independence
Speaker 3: Day weekend. To be fair, this is the seventh film
Speaker 3: in this franchise.
Speaker 1: To be fair, it was so hot. I heard so
Speaker 1: many people going to the theaters because they wanted air.
Speaker 3: Conditioning, which is exactly what I thought as well, Like
Speaker 3: b Riley actually writing that the franchise fatigue and also
Speaker 3: competition from Toy Story five is really behind why all
Speaker 3: these movie theaters are just following a little bit lower
Speaker 3: as Independence Day sales just wasn't as good as expected.
Speaker 4: Have you seen the seventh minions? You said? I have not.
Speaker 1: Have you seen the seventh? No?
Speaker 3: Not sure if I've seen the six either. To be honest, though, yeah.
Speaker 4: I've seen. If I just can't, I'm sorry about that.
Speaker 4: I don't know when to stop. Okay, let's finish on
Speaker 4: a chip name a stock really moving the market today, Avalon, Yes, that.
Speaker 3: Is Broadcom ticker Avgo currently up about four point three
Speaker 3: percent most injurday and nearly month, and that's after the
Speaker 3: chip maker agreed to develop and supply a range of
Speaker 3: custom chips to Apple. This is expanding their partnership through
Speaker 3: twenty thirty one, and Bloomberg Intelligence writing that this deal
Speaker 3: is also really helping to extend visibility on Broadcome's non
Speaker 3: AI customer base.
Speaker 1: There's nothing like working with Apple. I mean, they've been
Speaker 1: working together for a long time, but right you see
Speaker 1: something and I feel like you get kind of once again,
Speaker 1: the Apple Seal of Approval.
Speaker 2: This stock Movers report from Bloomberg Radio. Check back with
Speaker 2: us throughout the day for the latest roundup of companies
Speaker 2: making news on Wall Street and for the latest market
Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,
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