WEBVTT - O'Reilly Slumps, AMC Declines, Broadcom Gains

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

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<v Speaker 2>The Stock Movers report, your roundup of companies making moves

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<v Speaker 2>in the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 1>I'm Carol Master along with Emily Grafail. Let's get to

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<v Speaker 1>some stocks on the move with us. To do that,

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<v Speaker 1>Bloomberg News Equities reporter Avalon Pronell She is right here

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<v Speaker 1>in studio. We're going to get to maybe some chip

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<v Speaker 1>names or a chip name in just a moment. But

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<v Speaker 1>let's talk about you've got some decliners in today's session.

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<v Speaker 3>Yes, we have to start off with O'Reilly. That's ticker

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<v Speaker 3>O r l Y currently slipping.

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<v Speaker 1>And if we're lucky, Emily will hum the two.

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<v Speaker 4>Thus little jingle will not a doable potion continue all right,

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<v Speaker 4>go ahead.

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<v Speaker 3>I'm Hyley. Yes, those shares are slipping right about six

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<v Speaker 3>point one percent today, most in today since twenty twenty five.

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<v Speaker 3>And that's after Bloomberg reported just last week that the

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<v Speaker 3>firm has express interest in acquiring Genuine Parts Auto Parts unit,

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<v Speaker 3>which for those unfamiliar is NAPA Auto. And to say

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<v Speaker 3>the least, Wall Street analysts are very mixed about this,

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<v Speaker 3>Miszoo hosts saying that they see a very low likelihood

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<v Speaker 3>that O'Reilly would be willing to take all of the

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<v Speaker 3>NAPA auto parts business and also the international portfolio, just

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<v Speaker 3>given the differences in their distribution networks. Still, this is

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<v Speaker 3>making O'Reilly one of the worst performers today.

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<v Speaker 4>Kind of rough their description Carol on the Bloomberg es page.

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<v Speaker 4>The company sells its products to do it yourself customers.

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<v Speaker 4>I don't know if I would ever DIY a car,

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<v Speaker 4>but I guess some people care for me.

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<v Speaker 2>It's okay.

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<v Speaker 1>I was having a conversation over the weekend my dad,

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<v Speaker 1>Like he used to work on his cars, Like that's

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<v Speaker 1>just what people did, Like you worked on things. He

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<v Speaker 1>taught us all how to check our oil, like keep

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<v Speaker 1>track of our mileage, like we used to have to

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<v Speaker 1>record things. So like people did that. Cars used to

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<v Speaker 1>rust out too. They don't really rust out anymore, but

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<v Speaker 1>there are people who do that. So just Dad's dad's exact.

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<v Speaker 4>It's called call dad.

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<v Speaker 1>It's called dad.

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<v Speaker 3>All right.

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<v Speaker 1>Let's get to another decliner.

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<v Speaker 3>Tickers AMC Yes, AMC. Entertainment currently dropping about eight point

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<v Speaker 3>two percent, and that's after box office sales for Minions

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<v Speaker 3>and Monsters posted a weaker than expected numbers over Independence

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<v Speaker 3>Day weekend. To be fair, this is the seventh film

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<v Speaker 3>in this franchise.

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<v Speaker 1>To be fair, it was so hot. I heard so

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<v Speaker 1>many people going to the theaters because they wanted air.

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<v Speaker 3>Conditioning, which is exactly what I thought as well, Like

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<v Speaker 3>b Riley actually writing that the franchise fatigue and also

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<v Speaker 3>competition from Toy Story five is really behind why all

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<v Speaker 3>these movie theaters are just following a little bit lower

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<v Speaker 3>as Independence Day sales just wasn't as good as expected.

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<v Speaker 4>Have you seen the seventh minions? You said? I have not.

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<v Speaker 1>Have you seen the seventh? No?

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<v Speaker 3>Not sure if I've seen the six either. To be honest, though, yeah.

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<v Speaker 4>I've seen. If I just can't, I'm sorry about that.

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<v Speaker 4>I don't know when to stop. Okay, let's finish on

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<v Speaker 4>a chip name a stock really moving the market today, Avalon, Yes, that.

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<v Speaker 3>Is Broadcom ticker Avgo currently up about four point three

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<v Speaker 3>percent most injurday and nearly month, and that's after the

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<v Speaker 3>chip maker agreed to develop and supply a range of

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<v Speaker 3>custom chips to Apple. This is expanding their partnership through

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<v Speaker 3>twenty thirty one, and Bloomberg Intelligence writing that this deal

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<v Speaker 3>is also really helping to extend visibility on Broadcome's non

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<v Speaker 3>AI customer base.

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<v Speaker 1>There's nothing like working with Apple. I mean, they've been

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<v Speaker 1>working together for a long time, but right you see

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<v Speaker 1>something and I feel like you get kind of once again,

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<v Speaker 1>the Apple Seal of Approval.

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<v Speaker 2>This stock Movers report from Bloomberg Radio. Check back with

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