Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 2: This is the closing bell on the stock movers report
Speaker 2: the company's making moves at the close of US trading
Speaker 2: with Carol Masser, Tim stenovek Romain Bostik, and Katie Greifel.
Speaker 1: All right, guys, let me go to some of the
Speaker 1: individual gainers. AMD number two gainer in the S and
Speaker 1: P five hundred, also the number two gainer in the
Speaker 1: Nasdaq one hundred, this one rallying almost nine percent today's session.
Speaker 1: You know the news Meta Platforms will be spending billions
Speaker 1: of dollars on AMD gear and has plans to buy
Speaker 1: AMD stock. Met is going to deploy data center gear
Speaker 1: based on processors from AMD in a deal with double
Speaker 1: digit billions of dollars per gigawatt. Get into the story.
Speaker 1: It's on the Bloomberg. All the details, but definitely moving.
Speaker 1: That name ticker k e ys keys Keysite Technologies number
Speaker 1: one gainer in the S and P five hundred. It's
Speaker 1: a measure Sure Instruments company and the stock surging twenty
Speaker 1: three percent in today's session after it forecasts fiscal second
Speaker 1: quarter earnings, which beat the average analyst estimate. It also
Speaker 1: reported stronger than expected first quarter results. Speaking of AI,
Speaker 1: booming AI workloads along with faster growth in other business
Speaker 1: areas including wireless and defense, are all boosting growth according
Speaker 1: to analysts for this company and one more, this was
Speaker 1: your number one gainer in the Nasdaq one hundred Thompson
Speaker 1: Reuters ticker TRII stock up about eleven and a half
Speaker 1: percent share soaring on heavy volume in today's session. Biggest
Speaker 1: intra day gain two in about seventeen years. Companies that
Speaker 1: it reached one million professional users of co counsel, it's
Speaker 1: legal and business artificial intelligence tool, and announced that it
Speaker 1: was working with Anthropics Claude Models.
Speaker 2: Stock still down.
Speaker 1: Though about thirty one percent year to date, but AI
Speaker 1: just in everything, and it definitely gets stocks move and
Speaker 1: sometimes to the downside, sometimes to the upside.
Speaker 3: Well, let's look at some stocks that did move to
Speaker 3: the downside today and the worst performer in the S
Speaker 3: and P five hundred, but among them Texas Instruments, down
Speaker 3: close to three percent on the day today. This after
Speaker 3: the company indicated that spending on new plants and equipment
Speaker 3: will remain higher than some investors had anticipated. The company
Speaker 3: gave a presentation on Tuesday and said that expenditures will
Speaker 3: be two billion to three billion dollars this year. That
Speaker 3: was the previous stance Over the last four years, it's
Speaker 3: increased spending far above historical levels, citing they need to
Speaker 3: bring manufacturing back in house and reverse an outsourcing trend.
Speaker 3: Also taking a look at shares of Whirlpool Corp. On
Speaker 3: the day today, this after it said it launched a concurrent,
Speaker 3: separate underwritten public offerings of common shares and depository shares.
Speaker 3: Shares fell by close to fourteen percent. The depository shares
Speaker 3: each represent a one twentieth interest in a share of
Speaker 3: a newly issued series A mandatory convertible preferred stock, and
Speaker 3: the proceeds aggregate from the offerings are anticipated to be
Speaker 3: eight hundred million dollars. And finally, Novo Nordisk and Eli
Speaker 3: Lilly both falling today this after novas it plans to
Speaker 3: slash the US list prices for its blockbusters we go
Speaker 3: By and no Zepik next year by as much as
Speaker 3: fifty percent. Novo Nordous ADRs down two point six percent,
Speaker 3: Eli Lilly down one point six percent. All right, not
Speaker 3: much movement in yields today, down up about two basis
Speaker 3: points on the shorter end of the curve, up about
Speaker 3: two basis points on the longer end of the curve.
Speaker 2: The 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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