1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, Podcasts, radio News. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:16,200 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,360 --> 00:00:17,439 Speaker 3: You want to take a look at some of the 5 00:00:17,440 --> 00:00:18,640 Speaker 3: stocks on the move today. 6 00:00:19,000 --> 00:00:21,840 Speaker 1: So we're joined by Bloomberg News cross asset reporter build 7 00:00:21,880 --> 00:00:22,760 Speaker 1: Donna Hirich. 8 00:00:22,800 --> 00:00:25,239 Speaker 3: So Buildna, let's start with Apple shares. 9 00:00:25,520 --> 00:00:27,560 Speaker 4: So much stuff on the move today. But yeah, I'm 10 00:00:27,600 --> 00:00:31,840 Speaker 4: looking at Apple ticker AAPL. It's laura by about three 11 00:00:31,840 --> 00:00:36,720 Speaker 4: percent today after it debuted its thinnest ever iPhone and 12 00:00:36,920 --> 00:00:40,879 Speaker 4: new proversions with enhanced cameras and more battery life. And 13 00:00:40,920 --> 00:00:43,519 Speaker 4: that was earlier this week, and the company really is 14 00:00:43,520 --> 00:00:49,000 Speaker 4: betting that a flurry of smartphone innovation can hopefully entice 15 00:00:49,120 --> 00:00:52,559 Speaker 4: shoppers this holiday season. But I think what a lot 16 00:00:52,600 --> 00:00:58,000 Speaker 4: of people count on for their iPhones is long battery life, 17 00:00:58,120 --> 00:01:02,800 Speaker 4: right and thin. The thinner version is sort of compromise 18 00:01:03,520 --> 00:01:04,440 Speaker 4: for the upgrade. 19 00:01:04,319 --> 00:01:07,280 Speaker 1: Telling you, I know, I had mine for probably four 20 00:01:07,440 --> 00:01:09,720 Speaker 1: or five years. Now I probat need to I'm for 21 00:01:09,800 --> 00:01:12,119 Speaker 1: an upgrade. Yeah, I'm for so I'll have to check 22 00:01:12,160 --> 00:01:13,480 Speaker 1: it out, but I like to wait a couple months 23 00:01:13,560 --> 00:01:16,000 Speaker 1: to see sort of how things shakeout, and then maybe 24 00:01:16,480 --> 00:01:17,840 Speaker 1: later this year, I'm gonna say what. 25 00:01:18,000 --> 00:01:20,280 Speaker 4: I actually had. I had one with a button up 26 00:01:20,319 --> 00:01:21,399 Speaker 4: until a couple months ago. 27 00:01:21,640 --> 00:01:24,000 Speaker 1: Yeah, I missed those. Those are my favorites, I know, 28 00:01:24,200 --> 00:01:26,280 Speaker 1: but I know hung on to that as long as 29 00:01:26,319 --> 00:01:26,920 Speaker 1: I could as well. 30 00:01:27,280 --> 00:01:29,480 Speaker 3: I know another one, of course, can't leave out Oracle. 31 00:01:29,560 --> 00:01:31,320 Speaker 3: Walk us through the latest big moves. 32 00:01:31,080 --> 00:01:33,800 Speaker 4: Here one of the really big stories today, ticker oh 33 00:01:34,120 --> 00:01:38,279 Speaker 4: r CL surging more than thirty percent on one point today, 34 00:01:38,400 --> 00:01:41,520 Speaker 4: the most since nineteen ninety two. I will say I 35 00:01:41,680 --> 00:01:46,080 Speaker 4: was alive in nineteen ninety two, and the company did 36 00:01:46,160 --> 00:01:49,640 Speaker 4: give a very aggressive outlook for its cloud business, and 37 00:01:50,000 --> 00:01:52,760 Speaker 4: it's an outlook that's cementing the software makers place in 38 00:01:53,400 --> 00:01:57,200 Speaker 4: the race to support demand for AI computing. And then 39 00:01:57,360 --> 00:02:00,640 Speaker 4: thanks to this pop another big story from today is 40 00:02:00,680 --> 00:02:03,760 Speaker 4: that its co founder Larry Ellison is now the world's 41 00:02:03,800 --> 00:02:08,040 Speaker 4: richest person, surpassing Elon Musk's previous number one spot. 42 00:02:08,120 --> 00:02:11,959 Speaker 1: For that raised so much news the opening thing, it's 43 00:02:12,120 --> 00:02:14,160 Speaker 1: a lot surrounding chirpact I. 44 00:02:14,520 --> 00:02:18,200 Speaker 4: Champact, Oracle related news, and it's also driving higher a 45 00:02:18,200 --> 00:02:18,920 Speaker 4: lot of other. 46 00:02:18,960 --> 00:02:20,480 Speaker 2: AI cent. 47 00:02:22,639 --> 00:02:26,280 Speaker 3: Double digits today as well. That's a good point. Another 48 00:02:26,320 --> 00:02:28,839 Speaker 3: big day for Klarna, had a big day. 49 00:02:29,120 --> 00:02:32,919 Speaker 4: They debuted, yes ticker k l a R. I always 50 00:02:32,960 --> 00:02:38,000 Speaker 4: love a good ticker, jumping some fifteen percent today and 51 00:02:38,040 --> 00:02:41,120 Speaker 4: it's opening trade with the company and some of its 52 00:02:41,160 --> 00:02:44,880 Speaker 4: backers raising one point three to seven billion in their IPO, 53 00:02:45,080 --> 00:02:48,839 Speaker 4: and it's sort of signaling to the market that new 54 00:02:48,919 --> 00:02:51,560 Speaker 4: listings potentially have room to run. That's been sort of 55 00:02:51,600 --> 00:02:53,440 Speaker 4: a story for a couple of years now, you know, 56 00:02:53,440 --> 00:02:56,600 Speaker 4: in the post pandemic world, like our ipo is doing well, 57 00:02:56,800 --> 00:02:59,119 Speaker 4: and now we are seeing all of these crypto companies 58 00:02:59,600 --> 00:03:03,360 Speaker 4: making to go public. And today you have Klarna doing 59 00:03:03,520 --> 00:03:06,800 Speaker 4: quite well with its opening. The shares open at fifty 60 00:03:06,840 --> 00:03:11,080 Speaker 4: two each, fifty two dollars each above the IPO price 61 00:03:11,200 --> 00:03:12,400 Speaker 4: of forty piece. 62 00:03:12,560 --> 00:03:15,400 Speaker 3: And you cover crypto as part of cross asset pretty 63 00:03:15,400 --> 00:03:17,720 Speaker 3: closely as well. What do you what's the latest whenever 64 00:03:17,760 --> 00:03:21,040 Speaker 3: you're speaking with your sources as far as how they're 65 00:03:21,080 --> 00:03:23,680 Speaker 3: managing money and what kind of allocations they have to 66 00:03:23,720 --> 00:03:24,920 Speaker 3: the crypto space, to. 67 00:03:24,800 --> 00:03:27,919 Speaker 4: The crypto space ETFs, it always comes back to ETFs, 68 00:03:28,080 --> 00:03:30,639 Speaker 4: right because and even the prior guests I heard it 69 00:03:30,760 --> 00:03:34,079 Speaker 4: mentioned bitcoin ETFs and that having been a really pivotal 70 00:03:34,080 --> 00:03:38,480 Speaker 4: moment in the crypto ecosystem over the past couple of years, 71 00:03:38,480 --> 00:03:41,480 Speaker 4: and so much money has flown towards those products. So 72 00:03:41,840 --> 00:03:44,840 Speaker 4: these days, when you are seeing people allocate money towards crypto, 73 00:03:45,040 --> 00:03:49,320 Speaker 4: a lot of times it is via bigcoin ETFs in particular. 74 00:03:49,600 --> 00:03:53,120 Speaker 4: But when it comes to the crypto company's going public, 75 00:03:53,360 --> 00:03:57,160 Speaker 4: that is really an interesting story because when they started 76 00:03:57,440 --> 00:04:00,440 Speaker 4: we when we started reporting about, you know, number of 77 00:04:00,480 --> 00:04:03,440 Speaker 4: these firms making plans to go public this year, it 78 00:04:03,560 --> 00:04:05,480 Speaker 4: still had been up in the air, like what will 79 00:04:05,520 --> 00:04:08,520 Speaker 4: the market look like, will the market allow it? And 80 00:04:08,560 --> 00:04:10,400 Speaker 4: now we're really starting to see a lot of it 81 00:04:10,400 --> 00:04:11,040 Speaker 4: come to fruition. 82 00:04:12,800 --> 00:04:17,040 Speaker 2: The Stockmover's Report from Bloomberg Radio. Check back with us 83 00:04:17,080 --> 00:04:19,880 Speaker 2: throughout the day for the latest roundup of companies making 84 00:04:19,960 --> 00:04:23,560 Speaker 2: news on Wall Street and for the latest market moving headlines. 85 00:04:23,760 --> 00:04:27,800 Speaker 2: Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg 86 00:04:27,839 --> 00:04:30,919 Speaker 2: dot com, and on Applecarplay and Android Auto with the 87 00:04:30,920 --> 00:04:32,320 Speaker 2: Bloomberg Business app.