Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: This is the closing bell on this stock mover's report
Speaker 2: the company's making moves at the close of US trading
Speaker 2: with Carol Masser, Tim Stenebeck, Romaine Bostick and Scarlet Food.
Speaker 3: I'm looking at what happened today and it felt like
Speaker 3: investors taking a bit of a breather. Three hundred and
Speaker 3: eighty five names in the S and P five hundred
Speaker 3: KTI lower in today's session, one hundred and sixteen to
Speaker 3: the F side.
Speaker 4: Well, let's talk to the circle about it and see
Speaker 4: what the colors show. You can see that there is
Speaker 4: kind of an even split when you look at it
Speaker 4: that way. But on the absolute sector level, you had
Speaker 4: four in the green, seven in the red. What did
Speaker 4: do well today, as you can see technology that was
Speaker 4: reflected in the NAZAQ one hundred as well, utilities also
Speaker 4: having a good day. But then you take a look
Speaker 4: at what didn't do too hot healthcare, materials, industrials leading
Speaker 4: us lower on this Friday.
Speaker 5: I'm sorry.
Speaker 1: When you look at the circle, it speaks to you,
Speaker 1: it does, okay, Yeah.
Speaker 4: It just sort of open up my heart and my
Speaker 4: ears and it.
Speaker 5: Tells me what happens, and you're the only one who
Speaker 5: can hear that.
Speaker 3: All right, all right, let's get to some of the
Speaker 3: individual gainers. Warner Brothers, Discovery folks adding on another seventeen
Speaker 3: percent in today's session after about a twenty nine.
Speaker 6: Percent gain yesterday. The stock I'm looking.
Speaker 3: At, I think it's up about fifty six percent for
Speaker 3: the week overall. Here and again this is just building on,
Speaker 3: you know, since we've got that report that Paramount sky Dance,
Speaker 3: the Hollywood studio taken over by independent filmmaker David Ellison,
Speaker 3: has said or is said to be preparing a bit
Speaker 3: for the company according to those in the notes. So
Speaker 3: this stock, I think you're number one gainer in both
Speaker 3: the S and P five hundred now's deck one hundred.
Speaker 1: I find this fascinating though, I mean the run up,
Speaker 1: I mean you mentioned the fifty it's like fifty six
Speaker 1: percent jump. But the idea is that you're basically saying
Speaker 1: that the combination or more important in the premium that
Speaker 1: they would pay investors inc. It's going to be about
Speaker 1: fifty six percent more than what it was earlier this week.
Speaker 6: It's pretty amazing. I don't know.
Speaker 3: I still think right you'd buy something and then sell
Speaker 3: off some parts. It is a gamble, right, especially in
Speaker 3: this environment where you see, how.
Speaker 5: Do you have CNN and space.
Speaker 7: CNN and CBS exists coexisting like I don't know if
Speaker 7: there are news challenge.
Speaker 1: I hate to break this to you, Tim, but what
Speaker 1: never mind, go on. I don't want to get myself
Speaker 1: in trouble.
Speaker 6: It's a good question.
Speaker 5: I've already gotten enough trouble this week.
Speaker 4: Yeah, you canceled our weekly launches.
Speaker 3: Anyway, go on, different networks, different audiences.
Speaker 6: Okay, all right, whatever I mean.
Speaker 7: I think they're regulatory, there are I think there are
Speaker 7: regulatory questions about that.
Speaker 5: Is there anymore? I don't know that are there is?
Speaker 6: There's so many for.
Speaker 3: David Ellison, Okay, okay, what are you saying you're gonna get?
Speaker 6: You should stop talking now, all right. I don't want
Speaker 6: you to get in trouble, all right.
Speaker 3: Tesla also not performer and a top gainer in some
Speaker 3: of the major equity averages today up about seven point
Speaker 3: four percent.
Speaker 6: Investors definitely watching.
Speaker 3: To see how quickly the company can expand its robot
Speaker 3: taxi service to other states. After it launched in Austin
Speaker 3: and June to a small group of users, and I
Speaker 3: got to point out if you haven't watched it, you
Speaker 3: should definitely check out the B Tech teams interview with
Speaker 3: the chair of the Tesla board, Robin Denholm.
Speaker 6: They talk succession, the massive pay package.
Speaker 3: Basically they're all in on elon continuing to run this
Speaker 3: company through what they say, kind of our disruptive time.
Speaker 6: So I think that's an interesting one.
Speaker 3: Micron Technology, I might have been a record closed today,
Speaker 3: so forgive me for not getting that in place, but
Speaker 3: it's up.
Speaker 5: Do not check this stuff before you come on now.
Speaker 3: I get a lot of I don't know about you,
Speaker 3: but I don't have minions like helping me do stuff.
Speaker 1: Well, let me tell you I have the best minions
Speaker 1: of the business, very much, which is why we get
Speaker 1: lunch for them every day here at Bloomberg Television. And yes,
Speaker 1: Micron record high best day since going public back.
Speaker 6: In nine time.
Speaker 3: I want to give you something to say, otherwise you
Speaker 3: would feel so left out.
Speaker 5: There you call on minions.
Speaker 3: Micro and Technology up about four and a half or
Speaker 3: cents record here analyst yesterday.
Speaker 6: I know, but they aren't the minions I'm talking about.
Speaker 3: Analyst Tatting, the chip maker's growth potential in the data
Speaker 3: center market. Keep in mind this one reports September twenty third,
Speaker 3: we've seen City boosting its price target.
Speaker 6: There's a lot going on. I think this stock was
Speaker 6: up about nineteen twenty percent for the year.
Speaker 3: Just mentioning Gemini because if I don't remains going to
Speaker 3: say something, it is up an ipo, another one in
Speaker 3: the crypto's base, up fourteen percent here at the clothes
Speaker 3: and Carteva because we just talked about up about one
Speaker 3: point eight percent on that Wall Street Journal report that
Speaker 3: maybe that it could separate into two separate companies.
Speaker 1: Kind is also honorable mention. I know Tim has to
Speaker 1: get through its decliners. But black Rock Coffee you miss it.
Speaker 1: I mean you mentioned you mentioned that, I mean open
Speaker 1: I had a what IPO at twenty closed today at
Speaker 1: twenty seven sixty seven, great day.
Speaker 6: Not the Larry Fink black Rock black Rock Coffee.
Speaker 7: Yes, it's like a Dutch Bros. Drive through coffee Portland, Oregon.
Speaker 5: Have they spoken with Larry think about this? They're okay
Speaker 5: with this. I don't know about that.
Speaker 4: There's a space in between black and Rock, so it
Speaker 4: differentiates them.
Speaker 5: Really, this is why I should have been a little
Speaker 5: let's see lawyer.
Speaker 6: There's always make out my gainer's list.
Speaker 7: The people, the people.
Speaker 5: Are you going to let Tim talk? Now? Thank you?
Speaker 5: Go ahead.
Speaker 7: People want to hear the declarators. I want to start
Speaker 7: with the second worst performing stock in the S and
Speaker 7: P five hundred today, mRNA Maderna on seven point four percent.
Speaker 7: Shares fell after a report from The Washington Post said
Speaker 7: that health officials and the Trump administration planned to link
Speaker 7: COVID shots to the deaths of around two dozen children,
Speaker 7: and a presentation to advisors to the CDC next week.
Speaker 7: Shares down seven point four percent. Our age ended up
Speaker 7: falling four point six percent in today's trade. The company
Speaker 7: did cut its revenue forecasts fully for the full year,
Speaker 7: the effect of tariffs the delay of its seasonal catalog.
Speaker 7: Gary Friedman, who has been outspoken about tariffs over the
Speaker 7: last few months, told analysts that the industry needs to
Speaker 7: offer discounts to stay afloat due to the weak housing market.
Speaker 7: Yeah was that his full quote? No, that wasn't his
Speaker 7: full quote. Some God forbid they throw another tariff on furniture,
Speaker 7: Friedman said on Thursday night. Someone has got to come
Speaker 7: talk to us. Talk to me, call me run the
Speaker 7: biggest luxury home brand.
Speaker 5: In the world. That was verbatim, that was verbata.
Speaker 6: Man I love that energy.
Speaker 7: Yeah. Shares fell once again four point six percent, and
Speaker 7: finally a check on open door after the week that
Speaker 7: was shares up eight yesterday, following a little bit today
Speaker 7: down fourteen percent, still the most actively traded stock in
Speaker 7: the index. The excitement around the company release, the trading
Speaker 7: around the company continues.
Speaker 1: All right, let's take a quick look at yields here.
Speaker 1: It was an interesting week for yields. They talk about
Speaker 1: the idea of the trend line sort of reversing just
Speaker 1: a little bit. Long term yield to lower for a
Speaker 1: second straight week to the lowest level since April. Then
Speaker 1: we should point out the short term yields rising for
Speaker 1: the first time in five Overall, what you're looking at
Speaker 1: there on your screen are the daily moves, and they
Speaker 1: all are higher. And that, of course is a setup Carol.
Speaker 1: As we head into the FEDS two day policy meeting
Speaker 1: that starts on Tuesday.
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