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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: This is the closing bell on this stock movers report.

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Speaker 2: The company's making moves at the close of US trading

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Speaker 2: with Carol Masser, Tim Stenobeck, Romain, Bostik, and Scarlet Food the.

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Speaker 3: S and P five hundred. Only one hundred ten socks

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Speaker 3: in the S and P five hundred moved higher today,

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Speaker 3: three hundred and ninety declined.

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Speaker 4: All right, let's take a look at the sector level.

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Speaker 4: You did manage to see some green, of course, when

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Speaker 4: it comes to energy, when it comes to consumer consumer

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Speaker 4: discretionary managing to poke into the green. This is a

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Speaker 4: prettier picture actually than when I check this forward at

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Speaker 4: about nine forty this morning. You had every single sector

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Speaker 4: in the red, but still overwhelmingly financials, healthcare, materials, consumer staples,

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Speaker 4: all dragging this index down.

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Speaker 3: Okay, I managed to find some gainers today. I want

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Speaker 3: to start with Levi Strauss shares Hire by eleven point

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Speaker 3: three percent today, They at the highest level in more

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Speaker 3: than a year. This after the company came out yesterday

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Speaker 3: and boosted its net revenue forecast for the full year.

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Speaker 3: A big question a lot of investors had was what

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Speaker 3: has been and what will be the impact on the

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Speaker 3: company from tariffs, Harmeet saying, the company's CFO and chief

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Speaker 3: growth officer. He told our Bloomberg News team that'll be

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Speaker 3: about twenty five to thirty million dollars through the end

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Speaker 3: of the year. We actually had him on our program

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Speaker 3: a few hours ago and I asked him specifically about

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Speaker 3: moving production, moving manufacturing to the United States, because that

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Speaker 3: is exactly what the President wants to see. It doesn't

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Speaker 3: matter if it's Vietnam or China or Indonesia or where

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Speaker 3: it is, the President wants to see it here in

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Speaker 3: the US. He was decidedly firm in his answer that

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Speaker 3: is not going to happen for Levi Strauss. He mentioned

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Speaker 3: that ninety eight percent of apparel that comes to the

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Speaker 3: United States and that has sold in the United States

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Speaker 3: is actually manufactured outside of the US, and they're not

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Speaker 3: going to change that here. When it comes to Levi Strauss, though,

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Speaker 3: he's still working through tariffs and even making last minute

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Speaker 3: changes based on the news that he hears from the President,

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Speaker 3: even to late last night after earnings. He mentioned also

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Speaker 3: Performance Food Group shares surged hire Today, Bloomberg News reported

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Speaker 3: that the company has attracted takeover interest from US Foods

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Speaker 3: Holding Corp. It's a potential deal that would create a

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Speaker 3: food distribution company with a combined sales of roughly one

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Speaker 3: hundred billion dollars. This is according to people familiar with

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Speaker 3: the matter. Shares hired by more than four point eight

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Speaker 3: percent today, the company would become the number one US

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Speaker 3: food service distributor with eighteen percent of the three hundred

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Speaker 3: and seventy one billion dollar market. This is according to

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Speaker 3: Bloomberg Intelligence. We should note there is no certainty that

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Speaker 3: these deliberations will lead to a transactions, and representatives for

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Speaker 3: US Foods and Performance Food declined to comment. And finally,

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Speaker 3: this is a former microcap that is now a small

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Speaker 3: cap after today's move of close to forty percent. Unusual

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Speaker 3: Machines it's a drone tech company based in Florida, and

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Speaker 3: drone related firms rally today. This after Fox News reported

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Speaker 3: that Defense Secretary Pete Haigseth has issued or to ramp

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Speaker 3: up production and deployment of drones. Unusual Machines hired today

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Speaker 3: by close to forty percent. Josh Sullivan over at Benchmark

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Speaker 3: says the memo focused on three main goals bolstering US

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Speaker 3: drone manufacturing delivering thousands of low cost drones to the

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Speaker 3: military and integrating drone operating into training once again. Shares

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Speaker 3: hired by close to forty percent nour Well, we've got a.

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Speaker 5: Few names in the red as expected with the market

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Speaker 5: closing lower today. I'm looking at shares of PayPal, that

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Speaker 5: was the worst performing stock in the S and P

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Speaker 5: five hundred today, and we're seeing a lot of other

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Speaker 5: fintech companies like Block and a firm also falling as well.

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Speaker 5: And that all came after a headline that we saw

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Speaker 5: earlier as we were heading into the clothes with JP

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Speaker 5: Morgan telling that these fintech companies that they're going to

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Speaker 5: have to pay up for customer data that could amount

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Speaker 5: to hundreds of millions of dollars for access to customers

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Speaker 5: bank account information. So we're seeing those fintech companies falling,

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Speaker 5: but also credit card firms like Visa, MasterCard also lower,

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Speaker 5: with the moverly threatening to upend specifically the fintech sectors

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Speaker 5: business models. Another stock i'm looking at is Albemarle that's

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Speaker 5: ticker ALB eight point three billion dollar company. It's a

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Speaker 5: lithium producer based in Charlotte, North Carolina. And it was

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Speaker 5: cut to neutral to sell from neutrol. Excuse me at

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Speaker 5: ubs with this price target trimm to fifty seven dollars

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Speaker 5: from sixty four. We have the analysts here encouraging investors

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Speaker 5: to quote fade the bounce as he expects lithium prices

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Speaker 5: will remain lower. And one more stock we have for you,

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Speaker 5: BOYD Gaming ticker bid, but not the bid you're thinking of.

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Speaker 5: It's a casino operator in Las Vegas, Nevada, six point

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Speaker 5: five billion dollars in market cap and it was cut

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Speaker 5: to neutral from positive. They're really pointing to the stock's

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Speaker 5: valuation after selling its five percent ownership and FanDuel to flutter.

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Speaker 5: And this is all from Susquehanna Financial and they're also

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Speaker 5: citing the renegotiation of its market access agreement.

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Speaker 1: All right, let's take a quick check in yields here,

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Speaker 1: a little bit of a subdue day, but a lot

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Speaker 1: of activity when we talk about what happened on the

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Speaker 1: week of push once again across the curve, a second

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Speaker 1: straight week where we see yields move higher. But more

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Speaker 1: importantly is the complexion of that move, A definite slam

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Speaker 1: to the upside of steepening a bear steepening of that curve,

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Speaker 1: with most of course of the sell off coming on

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Speaker 1: the longer end of the curve. That thirty year yield

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Speaker 1: up about eight basis points on the day, and on

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Speaker 1: the week, it's more than nine basis points higher than

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Speaker 1: where it was last Friday.

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Speaker 2: This Stock Movers report from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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Speaker 2: making news on Wall Street and for the latest market

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Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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Speaker 2: the Bloomberg Business app.