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

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Speaker 2: Stock Movers Report, your roundup of companies making moves in

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Speaker 2: the stock market, harnessing the power of Bloomberg Data.

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Speaker 3: Let's take a look at some of the stocks on

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Speaker 3: the move today. We can do that with Bloomberg's avalon

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Speaker 3: Pernell Adlon. What are you looking at today?

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Speaker 1: We can go ahead and start off with some semiconductors.

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Speaker 1: That'll be Penguin Solutions ticker peng jumping about yeah, Penguinky

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Speaker 1: jumping fifteen percent for its biggest interday leap since last April.

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Speaker 1: That's after the semiconductor device company raised its full year

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Speaker 1: forecast for adjusted earnings. It also reported second quarter results

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Speaker 1: that beat expectations as costs for memory chips continue to rise.

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Speaker 1: If you remember, data centers and AI have continued to

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Speaker 1: increase the demand for chips. And we have a note

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Speaker 1: out from Rosenblat saying that the surging market prices lifted

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Speaker 1: revenue about thirty percent above their expectations.

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Speaker 4: All right, good name to keep an eye on. Penguin

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Speaker 4: PEG's that tick are there?

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Speaker 3: All right?

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Speaker 1: Let's go to a more familiar name. Yes, United Airlines,

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Speaker 1: that's ticker U. Al down about three point three percent,

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Speaker 1: pairing an earlier tumble. That's after President Trump dashed hopes

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Speaker 1: that the war in Iran would come to a swift

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Speaker 1: end in comments last night. Higher jet fuel costs remain

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Speaker 1: a very big primary concern among investors, though Iran did

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Speaker 1: say that it was drafting protocol with UMAN for Hormuz

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Speaker 1: straight traffic. So investors continue to say that uncertainty is

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Speaker 1: kryptonite for the markets and for airlines. That's definitely true.

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Speaker 3: Can I tell you that I'm a million miler at

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Speaker 3: United Airlines?

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Speaker 4: You have mentioned that a couple of times. Yes, yes, no,

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Speaker 4: you you earned those stripes.

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Speaker 3: Oh yeah, okay, just one. How about Blue Out. We

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Speaker 3: were Tom Keenan and I were all over this early

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Speaker 3: this morning. That's some big news out there.

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Speaker 4: It is some big news.

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Speaker 1: Blue Owl ticker OWL dipping now only about five tenths

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Speaker 1: of one percentage point, though earlier it touched as the

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Speaker 1: lowest inter day level on record. That's after Blue owls

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Speaker 1: said that it will limit redemptions from two of its

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Speaker 1: private credit funds and made a decision after facing an

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Speaker 1: unprecedented surge and withdrawal request investors. And It's thirty six

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Speaker 1: billion dollars. Blue Owl Credit Income Fund asked to pool

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Speaker 1: nearly twenty two percent of shares through the end of

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Speaker 1: the first quarter of the year. And as we already know,

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Speaker 1: investors have grown incredibly skittish about private credit after some

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Speaker 1: high profile collapses and overall concerns over AI disrupting software

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Speaker 1: companies that relied heavily on these direct lenders, and it's

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Speaker 1: now joining peers like Pollo and Ares and capping redumptions.

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Speaker 2: The 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: Bloomberg dot com, and on Applecarplay and Android Auto with

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Speaker 2: the Bloomberg Business app.