WEBVTT - Closing Bell: AMD Rises, Keysight Surges, Texas Instruments Slides

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

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<v Speaker 2>This is the closing bell on the stock movers report

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<v Speaker 2>the company's making moves at the close of US trading

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<v Speaker 2>with Carol Masser, Tim stenovek Romain Bostik, and Katie Greifel.

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<v Speaker 1>All right, guys, let me go to some of the

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<v Speaker 1>individual gainers. AMD number two gainer in the S and

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<v Speaker 1>P five hundred, also the number two gainer in the

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<v Speaker 1>Nasdaq one hundred, this one rallying almost nine percent today's session.

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<v Speaker 1>You know the news Meta Platforms will be spending billions

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<v Speaker 1>of dollars on AMD gear and has plans to buy

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<v Speaker 1>AMD stock. Met is going to deploy data center gear

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<v Speaker 1>based on processors from AMD in a deal with double

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<v Speaker 1>digit billions of dollars per gigawatt. Get into the story.

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<v Speaker 1>It's on the Bloomberg. All the details, but definitely moving.

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<v Speaker 1>That name ticker k e ys keys Keysite Technologies number

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<v Speaker 1>one gainer in the S and P five hundred. It's

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<v Speaker 1>a measure Sure Instruments company and the stock surging twenty

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<v Speaker 1>three percent in today's session after it forecasts fiscal second

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<v Speaker 1>quarter earnings, which beat the average analyst estimate. It also

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<v Speaker 1>reported stronger than expected first quarter results. Speaking of AI,

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<v Speaker 1>booming AI workloads along with faster growth in other business

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<v Speaker 1>areas including wireless and defense, are all boosting growth according

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<v Speaker 1>to analysts for this company and one more, this was

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<v Speaker 1>your number one gainer in the Nasdaq one hundred Thompson

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<v Speaker 1>Reuters ticker TRII stock up about eleven and a half

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<v Speaker 1>percent share soaring on heavy volume in today's session. Biggest

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<v Speaker 1>intra day gain two in about seventeen years. Companies that

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<v Speaker 1>it reached one million professional users of co counsel, it's

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<v Speaker 1>legal and business artificial intelligence tool, and announced that it

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<v Speaker 1>was working with Anthropics Claude Models.

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<v Speaker 2>Stock still down.

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<v Speaker 1>Though about thirty one percent year to date, but AI

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<v Speaker 1>just in everything, and it definitely gets stocks move and

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<v Speaker 1>sometimes to the downside, sometimes to the upside.

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<v Speaker 3>Well, let's look at some stocks that did move to

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<v Speaker 3>the downside today and the worst performer in the S

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<v Speaker 3>and P five hundred, but among them Texas Instruments, down

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<v Speaker 3>close to three percent on the day today. This after

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<v Speaker 3>the company indicated that spending on new plants and equipment

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<v Speaker 3>will remain higher than some investors had anticipated. The company

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<v Speaker 3>gave a presentation on Tuesday and said that expenditures will

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<v Speaker 3>be two billion to three billion dollars this year. That

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<v Speaker 3>was the previous stance Over the last four years, it's

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<v Speaker 3>increased spending far above historical levels, citing they need to

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<v Speaker 3>bring manufacturing back in house and reverse an outsourcing trend.

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<v Speaker 3>Also taking a look at shares of Whirlpool Corp. On

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<v Speaker 3>the day today, this after it said it launched a concurrent,

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<v Speaker 3>separate underwritten public offerings of common shares and depository shares.

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<v Speaker 3>Shares fell by close to fourteen percent. The depository shares

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<v Speaker 3>each represent a one twentieth interest in a share of

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<v Speaker 3>a newly issued series A mandatory convertible preferred stock, and

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<v Speaker 3>the proceeds aggregate from the offerings are anticipated to be

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<v Speaker 3>eight hundred million dollars. And finally, Novo Nordisk and Eli

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<v Speaker 3>Lilly both falling today this after novas it plans to

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<v Speaker 3>slash the US list prices for its blockbusters we go

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<v Speaker 3>By and no Zepik next year by as much as

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<v Speaker 3>fifty percent. Novo Nordous ADRs down two point six percent,

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<v Speaker 3>Eli Lilly down one point six percent. All right, not

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<v Speaker 3>much movement in yields today, down up about two basis

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<v Speaker 3>points on the shorter end of the curve, up about

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<v Speaker 3>two basis points on the longer end of the curve.

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<v Speaker 2>The Stock Movers Report from Bloomberg Radio. Check back with

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<v Speaker 2>us throughout the day for the latest roundup of companies

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<v Speaker 2>moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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