1 00:00:02,520 --> 00:00:07,000 Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News. 2 00:00:10,080 --> 00:00:13,520 Speaker 2: This is the closing bell on the stock movers report 3 00:00:13,760 --> 00:00:16,720 Speaker 2: the company's making moves at the close of US trading 4 00:00:16,880 --> 00:00:21,400 Speaker 2: with Carol Masser, Tim stenovek Romain Bostik, and Katie Greifel. 5 00:00:22,800 --> 00:00:24,840 Speaker 1: All right, guys, let me go to some of the 6 00:00:24,840 --> 00:00:27,800 Speaker 1: individual gainers. AMD number two gainer in the S and 7 00:00:27,840 --> 00:00:31,080 Speaker 1: P five hundred, also the number two gainer in the 8 00:00:31,120 --> 00:00:34,760 Speaker 1: Nasdaq one hundred, this one rallying almost nine percent today's session. 9 00:00:34,800 --> 00:00:37,640 Speaker 1: You know the news Meta Platforms will be spending billions 10 00:00:37,640 --> 00:00:40,080 Speaker 1: of dollars on AMD gear and has plans to buy 11 00:00:40,120 --> 00:00:44,000 Speaker 1: AMD stock. Met is going to deploy data center gear 12 00:00:44,000 --> 00:00:46,600 Speaker 1: based on processors from AMD in a deal with double 13 00:00:46,640 --> 00:00:49,560 Speaker 1: digit billions of dollars per gigawatt. Get into the story. 14 00:00:49,600 --> 00:00:52,040 Speaker 1: It's on the Bloomberg. All the details, but definitely moving. 15 00:00:52,120 --> 00:00:57,480 Speaker 1: That name ticker k e ys keys Keysite Technologies number 16 00:00:57,480 --> 00:00:59,639 Speaker 1: one gainer in the S and P five hundred. It's 17 00:00:59,640 --> 00:01:03,680 Speaker 1: a measure Sure Instruments company and the stock surging twenty 18 00:01:03,720 --> 00:01:07,000 Speaker 1: three percent in today's session after it forecasts fiscal second 19 00:01:07,040 --> 00:01:09,559 Speaker 1: quarter earnings, which beat the average analyst estimate. It also 20 00:01:09,600 --> 00:01:13,480 Speaker 1: reported stronger than expected first quarter results. Speaking of AI, 21 00:01:13,640 --> 00:01:16,640 Speaker 1: booming AI workloads along with faster growth in other business 22 00:01:16,720 --> 00:01:20,399 Speaker 1: areas including wireless and defense, are all boosting growth according 23 00:01:20,480 --> 00:01:24,320 Speaker 1: to analysts for this company and one more, this was 24 00:01:24,360 --> 00:01:27,120 Speaker 1: your number one gainer in the Nasdaq one hundred Thompson 25 00:01:27,200 --> 00:01:31,000 Speaker 1: Reuters ticker TRII stock up about eleven and a half 26 00:01:31,040 --> 00:01:35,200 Speaker 1: percent share soaring on heavy volume in today's session. Biggest 27 00:01:35,200 --> 00:01:38,039 Speaker 1: intra day gain two in about seventeen years. Companies that 28 00:01:38,080 --> 00:01:41,000 Speaker 1: it reached one million professional users of co counsel, it's 29 00:01:41,160 --> 00:01:45,160 Speaker 1: legal and business artificial intelligence tool, and announced that it 30 00:01:45,200 --> 00:01:47,520 Speaker 1: was working with Anthropics Claude Models. 31 00:01:47,520 --> 00:01:48,400 Speaker 2: Stock still down. 32 00:01:48,240 --> 00:01:51,600 Speaker 1: Though about thirty one percent year to date, but AI 33 00:01:51,840 --> 00:01:55,200 Speaker 1: just in everything, and it definitely gets stocks move and 34 00:01:55,240 --> 00:01:57,240 Speaker 1: sometimes to the downside, sometimes to the upside. 35 00:01:57,280 --> 00:01:58,800 Speaker 3: Well, let's look at some stocks that did move to 36 00:01:58,840 --> 00:02:01,240 Speaker 3: the downside today and the worst performer in the S 37 00:02:01,280 --> 00:02:04,200 Speaker 3: and P five hundred, but among them Texas Instruments, down 38 00:02:04,280 --> 00:02:06,880 Speaker 3: close to three percent on the day today. This after 39 00:02:06,880 --> 00:02:09,240 Speaker 3: the company indicated that spending on new plants and equipment 40 00:02:09,240 --> 00:02:13,400 Speaker 3: will remain higher than some investors had anticipated. The company 41 00:02:13,400 --> 00:02:18,240 Speaker 3: gave a presentation on Tuesday and said that expenditures will 42 00:02:18,240 --> 00:02:20,200 Speaker 3: be two billion to three billion dollars this year. That 43 00:02:20,240 --> 00:02:22,680 Speaker 3: was the previous stance Over the last four years, it's 44 00:02:22,760 --> 00:02:25,359 Speaker 3: increased spending far above historical levels, citing they need to 45 00:02:25,360 --> 00:02:29,400 Speaker 3: bring manufacturing back in house and reverse an outsourcing trend. 46 00:02:29,880 --> 00:02:32,600 Speaker 3: Also taking a look at shares of Whirlpool Corp. On 47 00:02:32,720 --> 00:02:36,040 Speaker 3: the day today, this after it said it launched a concurrent, 48 00:02:36,080 --> 00:02:40,560 Speaker 3: separate underwritten public offerings of common shares and depository shares. 49 00:02:40,600 --> 00:02:43,960 Speaker 3: Shares fell by close to fourteen percent. The depository shares 50 00:02:43,960 --> 00:02:46,280 Speaker 3: each represent a one twentieth interest in a share of 51 00:02:46,320 --> 00:02:49,200 Speaker 3: a newly issued series A mandatory convertible preferred stock, and 52 00:02:49,240 --> 00:02:52,240 Speaker 3: the proceeds aggregate from the offerings are anticipated to be 53 00:02:52,280 --> 00:02:57,400 Speaker 3: eight hundred million dollars. And finally, Novo Nordisk and Eli 54 00:02:57,440 --> 00:03:00,600 Speaker 3: Lilly both falling today this after novas it plans to 55 00:03:00,639 --> 00:03:02,959 Speaker 3: slash the US list prices for its blockbusters we go 56 00:03:03,080 --> 00:03:04,600 Speaker 3: By and no Zepik next year by as much as 57 00:03:04,600 --> 00:03:07,959 Speaker 3: fifty percent. Novo Nordous ADRs down two point six percent, 58 00:03:07,960 --> 00:03:11,840 Speaker 3: Eli Lilly down one point six percent. All right, not 59 00:03:11,919 --> 00:03:14,600 Speaker 3: much movement in yields today, down up about two basis 60 00:03:14,600 --> 00:03:16,560 Speaker 3: points on the shorter end of the curve, up about 61 00:03:16,680 --> 00:03:18,760 Speaker 3: two basis points on the longer end of the curve. 62 00:03:20,720 --> 00:03:24,760 Speaker 2: The Stock Movers Report from Bloomberg Radio. Check back with 63 00:03:24,840 --> 00:03:27,399 Speaker 2: us throughout the day for the latest roundup of companies 64 00:03:27,480 --> 00:03:30,560 Speaker 2: making news on Wall Street and for the latest market 65 00:03:30,600 --> 00:03:35,080 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 66 00:03:35,160 --> 00:03:38,680 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 67 00:03:38,720 --> 00:03:40,240 Speaker 2: the Bloomberg Business app.