Speaker 1: Bloomberg Audio Studios, podcasts, radio News.
Speaker 2: This is the closing bell on this stock mover's report
Speaker 2: the companies making moves at the close of US trading
Speaker 2: with Carol Masser, Tim Stenobeck, Romain Bostik, and Katie Greifel.
Speaker 1: All right, guys, let's go to some of the individual gainers.
Speaker 1: If i'm may, Let's go on over to Apple, of course.
Speaker 1: Reacting to its earnings late yesterday after the close, stock
Speaker 1: up about three point three percent here, rallying its highest
Speaker 1: intra day in a few months, Apple delivered a surprisingly
Speaker 1: strong revenue forecast for the third quarter. It did warn
Speaker 1: about those memory chip costs, but we kind of expected that,
Speaker 1: or we wanted some color around that. They did say
Speaker 1: that they warned it, they will increase, and that shortages
Speaker 1: of Mac computers will persist for several months. Apple has
Speaker 1: benefited from a series of new products launched back in March,
Speaker 1: the mac Book Neo, iPhone seventeen E, updated IPO ipat
Speaker 1: excuse me air models, and a fresh MacBook Pro that
Speaker 1: Neo that five hundred and ninety nine dollars Neo, Apple's
Speaker 1: first major pustion to kind of a low cost laptop
Speaker 1: has been particularly popular. Remain sold out at several retailers.
Speaker 1: So that's kind of cool. Tim Oracle gave me oracle
Speaker 1: today said I needed to look at oracle.
Speaker 3: Here's an oracle for you.
Speaker 1: Here's an oracle. Tim is an oracle for me. So
Speaker 1: that stock up about six and a half percent in
Speaker 1: today's session, officially agreed to join the list of AI
Speaker 1: companies working with the Pentagons Classified Networks. According to a
Speaker 1: posts by the pentagons Under Secretary for Research and Engineering
Speaker 1: putting that out on x I will still never get
Speaker 1: used to these official declarations from the government that come
Speaker 1: out on social media. But there you have it. And
Speaker 1: then I want to mention paramounts guidance number two gainer
Speaker 1: in the S and P five hundred up eight point
Speaker 1: three percent. Today company is scheduled to reward its first
Speaker 1: quarter financial results. That's going to happen after the close
Speaker 1: on Monday. And this is as the company continues to
Speaker 1: move closer to finalizing its merger with Warner Brothers Discovery.
Speaker 1: So there you have it.
Speaker 3: Okay, you there are some gainers. I got the stocks
Speaker 3: in the red today. I want to start with shares
Speaker 3: of roadblocks. They fell by eighteen point three percent. This
Speaker 3: after the company reported fewer daily users in the first
Speaker 3: quarter than analysts expected. This was as a result of
Speaker 3: safety features that it implemented. The company also lowered its
Speaker 3: forecast for full year bookings. They said that was the
Speaker 3: result of a quote aggressive push to enhance safety and
Speaker 3: projected another quarter of user to clients once again, Roadblock
Speaker 3: shares falling by more than eighteen percent, the worst day
Speaker 3: going back to February of twenty twenty four, moving on.
Speaker 3: The worst performer in the S and P five hundred
Speaker 3: on eight percentage basis today was none other than Chlorox,
Speaker 3: down nine point seven percent. This was the worst day
Speaker 3: going back to February of twenty twenty two. The company's
Speaker 3: organic sales missed consensus expectations for the third quarter. They
Speaker 3: cut their annual forecast. Katie Yeah, cat litter Yeah, and
Speaker 3: salad dressing categories perform poorly during the quarter of Cat
Speaker 3: litter is why I'm I was thinking of yeah your cat?
Speaker 3: Do you guys not use floors?
Speaker 4: Kelly, speaking of husbands? That is firmly a Joe job.
Speaker 4: I touched the litter box in years, but thank you
Speaker 4: for thinking.
Speaker 3: Of Shout out to Joe, shout out handling the litter box. Okay, finally,
Speaker 3: let's go Aviation. Got a check in on what shares
Speaker 3: of Spirit Aviation did on the day today, down as
Speaker 3: a much as seventy percent. Earlier in the session, fell
Speaker 3: by more than twenty five percent, though, this after the
Speaker 3: company was reported to be making preparations to wind down
Speaker 3: its liquidity position as its liquidity position worsens and the
Speaker 3: prospects of winning a bill out m that's according to
Speaker 3: people familiar with the matter. President Trump, though, saying that
Speaker 3: he delivered a final proposal to rescue the company, but
Speaker 3: it would only proceed if it's a good deal for
Speaker 3: the US government.
Speaker 4: All right, let's check in on yields here. Relatively modest
Speaker 4: day and quite frankly, a relatively modest week. We're going
Speaker 4: to end the day here right around for three seven
Speaker 4: nine on that ten year yield, and just remember about
Speaker 4: a week ago we are basically right around four. So
Speaker 4: we are elevated on the week here, and that is
Speaker 4: going to be a big part of the story going forward,
Speaker 4: particularly with the war in Iran still continuing, the straight
Speaker 4: at hormones still close, and a lot of big questions
Speaker 4: about inflation.
Speaker 2: This stock Moovers report from Bloomberg Radio. Check back with
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Speaker 2: making news on Wall Street, and for the latest market
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