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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 Stenobek, Romain Bostick, and Scarlet Food.

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Speaker 3: Let's get to some of the individual gainers. No surprise,

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Speaker 3: a big story today in the media sector had to

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Speaker 3: do with the race to buy Warner Brothers Discovery, if

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Speaker 3: you will, Warner Brothers Discovery finishing off its highs at

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Speaker 3: its highs Intra day was up eight percent, but it

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Speaker 3: is the number one gainer in the NASDAQ one hundred,

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Speaker 3: number two gainer in the S and P five hundred,

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Speaker 3: finishing the day up about four and a half percent.

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Speaker 3: Here you know the story, Paramount Skydance launching a hostile

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Speaker 3: takeover bit for Warner Brothers Discovery thirty dollars a share

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Speaker 3: in cash, and that's just days after the company greed

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Speaker 3: to a deal with Netflix. The offer value Warner Brothers

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Speaker 3: at one hundred and eight point four billion including debt.

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Speaker 3: I mean the race is on, the bidding is on.

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Speaker 3: We'll see where this one lands. Paramouts guid Dance, that

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Speaker 3: was your number one gainer in the S and P

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Speaker 3: five hundred. That's stock up nine percent in today's session.

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Speaker 1: The differential between what Netflix is offering and what Paramount

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Speaker 1: is offering is phenomenal to me. And I'm trying to

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Speaker 1: think of the last time we saw a major merger

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Speaker 1: and acquisition deal where you had two bidders that far

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Speaker 1: apart in terms of what they were.

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Speaker 3: Offering and ain't done yet. So we'll continue to keep

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Speaker 3: an eye on that one, and Nvidia certainly some help

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Speaker 3: in terms of supporting the equity trade, that one finishing

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Speaker 3: off its highs of the day, but still with a

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Speaker 3: one point seven percent gain. We did see Semaphore coming

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Speaker 3: out siding a person with knowledge of this that and

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Speaker 3: Video will soon be allowed to export it's h two

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Speaker 3: hundred chips to China. US Commerce Secretary Howard Lutnix said

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Speaker 3: to support the plan again according to Semaphore, So some

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Speaker 3: outperformance in that name. And just one more chip name

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Speaker 3: I want to mention, Broadcom Avgo is the techer, is

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Speaker 3: the ticker, it's the number four gainer in the Nasdaq

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Speaker 3: one hundred. So some reporting on this. Broadcom was up

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Speaker 3: on a disputed report that Microsoft is in talks to

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Speaker 3: move it's custom chip. Business Information reported late Friday that

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Speaker 3: Microsoft is in discussions with Broadcom to design future custom chips,

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Speaker 3: which would be a move away from its alliance with Marvel.

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Speaker 4: Marvel Marvel, but a disputed report.

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Speaker 3: A disputed report anyway. But Broadcom shares up about two

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Speaker 3: point eight percent.

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Speaker 1: To let sure to point Outrocom expected to report earnings

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Speaker 1: it is.

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Speaker 3: Yeah, it's up about seventy three percent year to date

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Speaker 3: as well.

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Speaker 4: Yeah, all right, here are some of the losers. Netflix

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Speaker 4: obviously is down again today. This is a puzzler to me,

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Speaker 4: and I don't know if you guys have figured it out,

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Speaker 4: but when Netflix put in its official bid last week,

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Speaker 4: it was down, and in fact, it's been down every

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Speaker 4: day for four trading sessions in a row. When Paramount

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Speaker 4: comes out with a hostile offer, it's up.

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Speaker 5: Yeah.

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Speaker 4: So it's like, Paramount investors want them to spend over

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Speaker 4: one hundred billion dollars please, and Netflix bidders are like,

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Speaker 4: or investors are like, that's maybe too much.

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Speaker 5: We were actually just talking about this. We didn't land

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Speaker 5: on a conclusion, but Romane did point out that you

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Speaker 5: take a look at Paramount shares last week, just what

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Speaker 5: they were doing on Friday Thursday. They haven't exactly climbed

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Speaker 5: out of this hole. But I do also think it's curious,

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Speaker 5: Matt that you are seeing shares rise seven percent on

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Speaker 5: a hostile bid, but go figure.

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Speaker 4: So air Products is another one off today. Air Products

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Speaker 4: down after it said it's working with Yara International out

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Speaker 4: of Norway to establish a long term partnership on a

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Speaker 4: pair of ammonia PT projects in the US and Saudi Arabia.

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Speaker 4: Potentially a sale in the works there, and that's what

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Speaker 4: has investors selling the shares. Procter and Gamble shares not

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Speaker 4: a huge drop in P ANDNG, but a couple of

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Speaker 4: different analysts at Barkley's and at Deutsche Bank said that

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Speaker 4: they've met with executives at P and G recently and

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Speaker 4: they were encouraged to bring their estimates down. So that's

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Speaker 4: not great news. And then Marvel Technology those shares getting

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Speaker 4: decimated today after a benchmark company cut its recommendation to

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Speaker 4: a hold from a buy on expected lost business from Amazon. Also,

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Speaker 4: they're being pressured after the company was not included in

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Speaker 4: the newest additions to the S and P five hundred index.

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Speaker 4: And we love those rotation trades.

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Speaker 2: The stockmovers report from Bloomberg Radio. Check back with us

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

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Speaker 2: news on Wall Street, and for the latest market moving headlines.

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