1 00:00:02,520 --> 00:00:07,040 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:09,920 --> 00:00:13,360 Speaker 2: This is the closing bell on this stock mover's report. 3 00:00:13,600 --> 00:00:16,560 Speaker 2: The company's making moves at the close of US trading 4 00:00:16,800 --> 00:00:21,479 Speaker 2: with Carol Masser, Tim Stenebeck, Romaine Bostick, and Scarlet Foo. 5 00:00:22,800 --> 00:00:24,800 Speaker 3: In the S and P five hundred gaining ground on 6 00:00:24,840 --> 00:00:27,680 Speaker 3: this Thursday, one hundred and forty nine to the downside 7 00:00:27,720 --> 00:00:28,880 Speaker 3: and two unchanged. 8 00:00:29,040 --> 00:00:30,280 Speaker 4: Yeah, big broad gains. 9 00:00:30,360 --> 00:00:33,080 Speaker 5: Tim said, risk risk on rather And this is what 10 00:00:33,120 --> 00:00:34,640 Speaker 5: it looks like if you take a look at the 11 00:00:34,680 --> 00:00:38,479 Speaker 5: sector level as well. You had nine sectors in the 12 00:00:38,560 --> 00:00:42,479 Speaker 5: greenhood just two in the red. Consumer discretionary was your 13 00:00:42,520 --> 00:00:45,000 Speaker 5: biggest points gainer. When it comes to that, I think 14 00:00:45,000 --> 00:00:46,560 Speaker 5: this is a really healthy sign. And I think a 15 00:00:46,600 --> 00:00:48,640 Speaker 5: lot of people would agree with me. You hit this 16 00:00:48,760 --> 00:00:50,440 Speaker 5: record just barely. 17 00:00:50,159 --> 00:00:52,159 Speaker 4: If she says ourself, if I say so much. If 18 00:00:52,200 --> 00:00:54,920 Speaker 4: you disagree, get in touch or don't, that's fine. 19 00:00:54,960 --> 00:00:58,640 Speaker 5: But anyway, we hit this record high. That's even with 20 00:00:58,840 --> 00:01:03,520 Speaker 5: that fall on the day. So it's not just big tech. 21 00:01:03,560 --> 00:01:05,360 Speaker 4: It's propping up the rally here, all right. 22 00:01:05,640 --> 00:01:09,800 Speaker 6: Katie's getting flashbacks to when she was anchoring the show permanently. 23 00:01:10,760 --> 00:01:12,800 Speaker 6: She just knows you just got to move forward. Whenever 24 00:01:13,120 --> 00:01:15,160 Speaker 6: interrupts you, you just gotta keep. 25 00:01:14,959 --> 00:01:17,360 Speaker 3: Going, keep going, keep going. All right, let's get to 26 00:01:17,520 --> 00:01:18,800 Speaker 3: some of the individual gainers. 27 00:01:18,840 --> 00:01:21,759 Speaker 4: I talked about a lot of reference to me. No, yes, okay, 28 00:01:23,920 --> 00:01:25,200 Speaker 4: well all right. 29 00:01:25,240 --> 00:01:28,120 Speaker 3: Airlines we talked about out performance Delta Airlines. The reason 30 00:01:28,160 --> 00:01:30,480 Speaker 3: why this went up about twelve percent here at the close. 31 00:01:30,520 --> 00:01:32,200 Speaker 3: It's actually the number two gainer in the S and P. 32 00:01:32,440 --> 00:01:36,800 Speaker 3: United beat it out of fourteen percent. United also hinting, 33 00:01:37,880 --> 00:01:40,080 Speaker 3: was it last night yesterday? Yeah, last night with the 34 00:01:40,160 --> 00:01:43,400 Speaker 3: AK giving out a little bit in terms of some financials, 35 00:01:43,440 --> 00:01:46,360 Speaker 3: so kind of teasing ahead of those Delta earnings this morning. 36 00:01:46,360 --> 00:01:50,160 Speaker 3: But nonetheless, Delta up about twelve percent here in today's session. 37 00:01:50,160 --> 00:01:52,640 Speaker 3: We know the news reinstated a profit outlook for the year, 38 00:01:52,640 --> 00:01:54,840 Speaker 3: expecting an adjusted profit of five twenty five to six 39 00:01:54,960 --> 00:01:58,480 Speaker 3: twenty five. Is share the CEO talking about travelers coming back, 40 00:01:58,520 --> 00:02:02,000 Speaker 3: corporate travel strengthening. So the whole group to the upside 41 00:02:02,200 --> 00:02:05,280 Speaker 3: got to talk about MP materials. Man, this one was 42 00:02:05,400 --> 00:02:08,440 Speaker 3: up fifty percent in today's session. It's a rare earth 43 00:02:08,520 --> 00:02:11,760 Speaker 3: magnet producer and its struck a multi billion dollar private 44 00:02:11,919 --> 00:02:15,120 Speaker 3: public private deal actually with the Department of Events, they're 45 00:02:15,120 --> 00:02:17,720 Speaker 3: going to build a new magnet plant plant. They're also 46 00:02:17,720 --> 00:02:21,000 Speaker 3: going to expand rare earth capabilities back by four hundred 47 00:02:21,080 --> 00:02:24,639 Speaker 3: million dollars in equity and a one billion dollar loan commitment. 48 00:02:24,639 --> 00:02:26,560 Speaker 3: We actually talked to the co founder and CEO. We 49 00:02:26,639 --> 00:02:30,280 Speaker 3: talked about that three part investment. It's kind of fascinating. 50 00:02:30,560 --> 00:02:32,280 Speaker 3: He talked about how it's going to really up their 51 00:02:32,680 --> 00:02:34,200 Speaker 3: capabilities in terms of production. 52 00:02:34,320 --> 00:02:36,560 Speaker 4: But we had a lot of questions. 53 00:02:35,840 --> 00:02:38,679 Speaker 3: About what it means about whether or not this is 54 00:02:38,720 --> 00:02:40,359 Speaker 3: becoming a state owned enterprise. 55 00:02:40,639 --> 00:02:42,160 Speaker 1: I caught a big part of the interview, but I 56 00:02:42,200 --> 00:02:43,679 Speaker 1: couldn't hear the end of it. Did he talk about 57 00:02:43,720 --> 00:02:45,880 Speaker 1: when we're actually going to start seeing stuff actually come 58 00:02:45,919 --> 00:02:46,480 Speaker 1: out the ground? 59 00:02:47,200 --> 00:02:49,600 Speaker 3: We actually ran out of time. We talked about it 60 00:02:49,600 --> 00:02:52,880 Speaker 3: with Jojo afterwards. But what Jodo said that there was 61 00:02:52,919 --> 00:02:55,480 Speaker 3: a twelve month I believe schedule in terms of when 62 00:02:55,480 --> 00:02:57,119 Speaker 3: it's going to come out. They've laid some of that out, 63 00:02:57,200 --> 00:03:00,480 Speaker 3: so yeah, so about a year, but they've kind of 64 00:03:00,480 --> 00:03:01,520 Speaker 3: put some of this stuff out there. 65 00:03:01,440 --> 00:03:03,120 Speaker 6: Right, didn't you say the mine has been around for 66 00:03:03,160 --> 00:03:04,000 Speaker 6: seventy years though? 67 00:03:04,480 --> 00:03:07,400 Speaker 3: So yeah, okay, all right. 68 00:03:07,320 --> 00:03:09,280 Speaker 4: You know you can keep going. I know all right, 69 00:03:09,360 --> 00:03:11,760 Speaker 4: don't you have another one? She loves man, you know, 70 00:03:12,240 --> 00:03:14,520 Speaker 4: pop the bubble. That is a balloon. 71 00:03:14,560 --> 00:03:18,000 Speaker 3: No, okay, no, Rabbico Resources, I got another one. Small 72 00:03:18,000 --> 00:03:21,920 Speaker 3: market cap shares. We're up about thirty percent in today's session. 73 00:03:21,960 --> 00:03:25,360 Speaker 3: If you don't think tickeer, it's MATC floor completed a 74 00:03:25,360 --> 00:03:28,560 Speaker 3: preliminary economic assessment of the company's Brook mine, located in 75 00:03:28,720 --> 00:03:31,280 Speaker 3: y Yoming. This is a mine that also has rare 76 00:03:31,320 --> 00:03:33,840 Speaker 3: earth elements. It's basically going to have to separate those 77 00:03:33,919 --> 00:03:38,280 Speaker 3: rare earth elements. They're heavy elements from coal. So there's 78 00:03:38,480 --> 00:03:41,720 Speaker 3: a lot going on this. Why are you guys all 79 00:03:41,720 --> 00:03:45,160 Speaker 3: looking at me so strange? We did talk to the 80 00:03:45,160 --> 00:03:49,440 Speaker 3: company CEO, Randall Actin, so yeah, it's a really interesting interview. 81 00:03:49,440 --> 00:03:50,440 Speaker 4: You guys are just always just. 82 00:03:50,360 --> 00:03:52,760 Speaker 6: Thinking about my introduction to geology course in college and 83 00:03:52,760 --> 00:03:55,280 Speaker 6: how it's coming in so useful when you're. 84 00:03:55,120 --> 00:03:57,520 Speaker 3: Talking about justly, we did a lot of conversations about 85 00:03:57,560 --> 00:04:00,480 Speaker 3: rare earth and like the government being very actively involved 86 00:04:00,520 --> 00:04:01,440 Speaker 3: with some of the things. 87 00:04:01,480 --> 00:04:04,680 Speaker 4: I think you could say we dug deep today. Correct there? 88 00:04:04,760 --> 00:04:06,720 Speaker 4: All right, I does get you another one? 89 00:04:06,800 --> 00:04:07,000 Speaker 2: Yeah? 90 00:04:07,000 --> 00:04:12,160 Speaker 4: Well you like you know? Sorry, great ahead. 91 00:04:12,000 --> 00:04:15,680 Speaker 3: Carol, I'm moving on I'm done, thank you, I'm dead. 92 00:04:17,960 --> 00:04:20,400 Speaker 4: I'm so out. All yours baby, All right. 93 00:04:20,440 --> 00:04:24,080 Speaker 6: Let's go with Vertive Holdings. This company fell six percent. 94 00:04:24,120 --> 00:04:26,799 Speaker 6: It is actually done, as much as fourteen percent earlier 95 00:04:26,800 --> 00:04:30,280 Speaker 6: in the session. The company provides data center cooling solutions, 96 00:04:30,360 --> 00:04:34,839 Speaker 6: and shares fell after Amazon's AWS builds now equipment designed 97 00:04:34,839 --> 00:04:39,880 Speaker 6: to cool Nvidia's Blackwell. GPUs analysts are concerned that, you know, 98 00:04:40,040 --> 00:04:43,080 Speaker 6: the growth of this company may be may suffer if 99 00:04:43,120 --> 00:04:45,480 Speaker 6: Amazon is actually coming out with a product similar to 100 00:04:45,760 --> 00:04:49,600 Speaker 6: what it does. Bloomberg Intelligence analysts Mustafa Oker said AWS 101 00:04:49,680 --> 00:04:52,039 Speaker 6: rolling out its own server liquid cooling system could weigh 102 00:04:52,120 --> 00:04:55,320 Speaker 6: on Vertive's future growth prospects. Once again, shares fell by 103 00:04:55,320 --> 00:04:58,800 Speaker 6: about six percent. Autodesk among the worst performers in the 104 00:04:58,839 --> 00:05:01,480 Speaker 6: S and P five hundred today. Bloomberg News reported that 105 00:05:01,520 --> 00:05:04,960 Speaker 6: the company's weighing an acquisition of the rival software provider 106 00:05:05,120 --> 00:05:07,920 Speaker 6: PTC Inc. That's according to people familiar with the matter. 107 00:05:08,040 --> 00:05:14,040 Speaker 6: Interestingly enough, shares of PTC also fell more than Autodesk today, 108 00:05:14,040 --> 00:05:17,480 Speaker 6: down seven point six percent. And finally, Carol mentioned Airlines 109 00:05:17,600 --> 00:05:22,080 Speaker 6: doing well, what about this company, Embraer, you brought it up, Romain. 110 00:05:22,200 --> 00:05:26,240 Speaker 6: The concern about those tariffs on Brazil ADRs fell four 111 00:05:26,279 --> 00:05:29,160 Speaker 6: point seven percent today after President Trump said he will 112 00:05:29,160 --> 00:05:32,400 Speaker 6: impose fifty percent tariffs on goods from the country. Jeffries 113 00:05:32,440 --> 00:05:35,120 Speaker 6: is estimating that US tariffs would add about three hundred 114 00:05:35,120 --> 00:05:36,839 Speaker 6: and fifty million dollars to the cost of a jet 115 00:05:36,920 --> 00:05:40,640 Speaker 6: from Embraer. We talked to Shila Kayalu of Jeffries earlier. 116 00:05:41,120 --> 00:05:43,200 Speaker 6: She said Techtron could actually be a winner from this. 117 00:05:43,279 --> 00:05:46,479 Speaker 6: They make bell, Cessna, Beechcraft and Hawker aircraft and compete 118 00:05:46,640 --> 00:05:49,640 Speaker 6: with Mbray Air. Also watch American Airlines, she said, because 119 00:05:49,960 --> 00:05:52,200 Speaker 6: they're at risk to pay more given the backlog. They've 120 00:05:52,240 --> 00:05:55,719 Speaker 6: got ninety of these jets on order out of an 121 00:05:55,880 --> 00:05:58,279 Speaker 6: order book about two hundred and fifty aircraft. All right, 122 00:05:58,360 --> 00:05:59,679 Speaker 6: let's go to a quick check on yield. 123 00:05:59,720 --> 00:06:03,239 Speaker 1: A real relatively a subdued day despite some trepidation heading 124 00:06:03,320 --> 00:06:06,000 Speaker 1: into today because of the thirty year auction, a thirty 125 00:06:06,080 --> 00:06:08,200 Speaker 1: year auction that seemed to do okay. You see the 126 00:06:08,200 --> 00:06:10,800 Speaker 1: divergence though in yields, and that's going to continue to 127 00:06:10,839 --> 00:06:13,600 Speaker 1: be a big part of the story. Looking at that 128 00:06:13,600 --> 00:06:16,520 Speaker 1: thirty year yield just ever ever flows slightly down. In fact, 129 00:06:16,520 --> 00:06:18,200 Speaker 1: we'll just really just call it unchanged. 130 00:06:18,520 --> 00:06:23,680 Speaker 2: On the day, this Stock Movers report from Bloomberg Radio. 131 00:06:24,160 --> 00:06:26,320 Speaker 2: Check back with us throughout the day for the latest 132 00:06:26,360 --> 00:06:29,560 Speaker 2: roundup of companies making news on Wall Street and for 133 00:06:29,680 --> 00:06:33,599 Speaker 2: the latest market moving headlines. Listen to Bloomberg Radio Live, 134 00:06:34,000 --> 00:06:37,599 Speaker 2: catch us on YouTube, Bloomberg dot com, and on Applecarplay 135 00:06:37,600 --> 00:06:40,240 Speaker 2: and Android Auto with the Bloomberg Business app.