WEBVTT - Housing & Defense Stocks Fall, Intel Rallies

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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 this 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 Stenovak, Romain Bostick, and Scarlet Fou.

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<v Speaker 3>All right, let's get to some of the individual gainers. Hey, guys,

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<v Speaker 3>you want to say something really cool, Go to NDX

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<v Speaker 3>Index d ES, SPX Index DES and the four top

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<v Speaker 3>gainers in both of those averages are exactly the same.

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<v Speaker 3>Cool Intel regeneron CrowdStrike and is at Palo Alto. I

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<v Speaker 3>just think that's kind of wild cool.

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<v Speaker 1>None of those names are on this crank.

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<v Speaker 3>Okay, Anstel is the number one gainer in the S

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<v Speaker 3>and P five hundred Nasdaq one hundred. It's was up

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<v Speaker 3>more than eleven percent of its inter day high today,

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<v Speaker 3>finishing with a six percent gain that interday high highest

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<v Speaker 3>level since April of twenty twenty four. Bond trading volume

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<v Speaker 3>jumped on this an options trading surge led by those

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<v Speaker 3>forty six dollars calls. Keep in mind that Mobile Eye Global,

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<v Speaker 3>of course, buying that human Eye humanoid robot maker Menty

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<v Speaker 3>for nine hundred million mobilized biggest shareholders is Intel, according

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<v Speaker 3>to Mobile Eye. So I just I don't know. That

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<v Speaker 3>was the only news I could find, but I just

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<v Speaker 3>thought it was kind of interesting.

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<v Speaker 1>Okay, that's a stretch. By the way, did you see

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<v Speaker 1>all the humanoid robots everybody's been parading out at cees.

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<v Speaker 1>They've moved very very scary. Now did you see the

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<v Speaker 1>Boston Dynamics one, Yeah, that's one. If I saw that

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<v Speaker 1>walking down the street, I am cross.

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<v Speaker 3>That guy can that that robot can do cartwheels?

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<v Speaker 1>Is it still the little dog? Are we talking about

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<v Speaker 1>a dog? This is a it's like your size person.

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<v Speaker 1>Oh God, probably keep it away from me.

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<v Speaker 2>I doubt that.

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<v Speaker 1>All right?

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<v Speaker 3>Moving along everybody anywhere real estate tickers ah us. That

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<v Speaker 3>was definitely a gainer in today's session, finishing the day

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<v Speaker 3>with a gain of about seventeen and a half percent.

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<v Speaker 3>Compass also higher. We'll bring that one up nine and

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<v Speaker 3>a half percent to the upside. Anywhere real estate shares

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<v Speaker 3>climbing to their highest level INTRI date since twenty twenty

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<v Speaker 3>two after announcing that it's acquisition by Compass cleared regulators.

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<v Speaker 3>So again that deal getting done. So we saw both

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<v Speaker 3>of those names to the upside, and then one more

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<v Speaker 3>for you LG. I Holmes. Oops, maybe we shouldn't bring

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<v Speaker 3>it up, but we did.

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<v Speaker 2>There it is.

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<v Speaker 3>It was up almost ten percent at its highs today,

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<v Speaker 3>finishing with a decline of one point six.

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<v Speaker 1>Persons four viewers. We don't know our listeners, I should say.

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<v Speaker 1>Carol is her job. Her only job is every day

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<v Speaker 1>to come out and tell you which stocks rose, But

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<v Speaker 1>very frequently she sometimes has something.

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<v Speaker 3>Is happening.

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<v Speaker 2>This is why.

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<v Speaker 4>Just to note our producers who give me all our

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<v Speaker 4>time about like why I don't send the names that

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<v Speaker 4>are down until you know, like three fifty eight pm,

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<v Speaker 4>It's because I just want to make sure they're still declined,

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<v Speaker 4>you know what.

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<v Speaker 3>Not happy new year to YouTube anymore.

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<v Speaker 4>All right, let's move on because I've got a few.

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<v Speaker 3>Oh you guys, I have a decliner for you too too,

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<v Speaker 3>You do you do?

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<v Speaker 4>Let's talk though about defense names. Lockheed Martin, Northup, Grumm

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<v Speaker 4>in General Dynamics, all down to the tune of more

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<v Speaker 4>than four percent today. President Trump pledging to block dividends,

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<v Speaker 4>stock buybacks, and over compensation of executives until defense companies

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<v Speaker 4>speed up production and maintenance of military equipment. The President said,

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<v Speaker 4>execs that these companies should not be allowed to make

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<v Speaker 4>in excess of five million dollars until his concerns are

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<v Speaker 4>addressed when I see these companies. He talked about defense

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<v Speaker 4>companies overall. He didn't name these companies specifically.

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<v Speaker 1>Go ahead, yeah, well just actually you or now that

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<v Speaker 1>you're saying that Trump actually out with the truth social

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<v Speaker 1>post right now, this on involving RTX. He refers to

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<v Speaker 1>it as raytheon of course, this change his name to RTX.

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<v Speaker 1>It was lower by two and a half percent in

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<v Speaker 1>the cash session, now down an additional two percent here

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<v Speaker 1>in the after hours trade, and he specifically calls them

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<v Speaker 1>out basically hitting I'm not going to read this all,

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<v Speaker 1>but basically hitting on some of these issues with their

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<v Speaker 1>relationship with the Defense Department or Department of War as

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<v Speaker 1>he calls it, and wants them to stop based dividends.

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<v Speaker 4>I'm interested in what exactly prompted this. It sounds like

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<v Speaker 4>delays of or equipment and just how long it takes

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<v Speaker 4>for this stuff to come. But I would like to

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<v Speaker 4>hear you know what exactly it was that prompted him

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<v Speaker 4>to send out this this post.

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<v Speaker 1>And also according to him, he says he wants Raytheon,

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<v Speaker 1>this is a quote step up, start investing in more

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<v Speaker 1>upfront investment like plants and equipment, or they will no

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<v Speaker 1>longer be doing business with the Department of War. And

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<v Speaker 1>if Raytheon wants further business with the United States government,

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<v Speaker 1>under no circumstances will they be allowed to do additional

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<v Speaker 1>stock buybacks.

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<v Speaker 2>This goes on and on.

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<v Speaker 1>I encourage our viewers to go and check out the

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<v Speaker 1>full truth social post.

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<v Speaker 4>Yeah, we should remind everybody a lot of these contracts

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<v Speaker 4>are long term contracts. Their years in the making and

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<v Speaker 4>the fulfillment of these contracts are years in the making.

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<v Speaker 4>There are not many companies that can actually do what

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<v Speaker 4>these specific companies do, so I don't know how much

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<v Speaker 4>like what the enforcement mechanism would be for certain elements

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<v Speaker 4>of this, but look, it's a story that we're going

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<v Speaker 4>to keep following, and it's definitely moving. The names of

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<v Speaker 4>these individual stocks also moving lower today thanks to the

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<v Speaker 4>President posting on social media shares of companies that are

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<v Speaker 4>in the space of owning homes institutional investors that own

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<v Speaker 4>single family homes. So Invitation Homes spun off from Blackstone

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<v Speaker 4>years ago. I think it's back in twenty seventeen, down

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<v Speaker 4>six percent today, American homes for red falling four point

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<v Speaker 4>three percent, Blackstone itself, a major owner of single family homes,

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<v Speaker 4>down five point six percent. The President said that he

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<v Speaker 4>would move to ban institutional investors from buying single family homes.

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<v Speaker 4>He said, well, learn more at Davos. The President said

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<v Speaker 4>he was quote immediately taking steps to ban large institutional

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<v Speaker 4>investors from buying single family homes and a pushturd promoting

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<v Speaker 4>housing affordability. So these companies and more fell today. And finally,

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<v Speaker 4>how do I have to wait for Davos. That's where

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<v Speaker 4>we're getting more details, more details.

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<v Speaker 1>When is Dovos? It's coming up soon.

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<v Speaker 4>Soon, Yeah, two weeks okay. Also in the red today,

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<v Speaker 4>Skyworks Solutions in Corvo down. Skyworks down nine point seven percent,

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<v Speaker 4>Corvo down seven and a half. Notable laggards in the

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<v Speaker 4>semiconductor stock says investors await an update about regulatory paperwork

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<v Speaker 4>for the planned merger of these two Apple suppliers.

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<v Speaker 1>We took a quick look at yield. You did see

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<v Speaker 1>a lot of activity in the yield space today, but

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<v Speaker 1>the net effect of at all the shorter end of

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<v Speaker 1>the curve was not a whole lot. You saw a

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<v Speaker 1>slight uptick on the two year lead, a slight downtick

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<v Speaker 1>on the five year and the ten year yield, but

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<v Speaker 1>on the longer end of the curve when we were

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<v Speaker 1>talking with Kevin Nicholson about this just about an hour ago.

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<v Speaker 1>Here keep an eye on that thirty year yield down

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<v Speaker 1>about five basis points today to around four eight two

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<v Speaker 1>oh two, and change.

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<v Speaker 2>This 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>making news on Wall Street and for the latest market

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

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<v Speaker 2>the Bloomberg Business app.