1 00:00:02,520 --> 00:00:09,800 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 companies making moves at the close of US trading 4 00:00:16,800 --> 00:00:21,319 Speaker 2: with Carol Masser, Tim Stenobek, Romain Bostik, and Scarlett fo. 5 00:00:22,760 --> 00:00:24,520 Speaker 3: All right, let's get to some of the gainers today. 6 00:00:24,520 --> 00:00:26,800 Speaker 3: I want to start with semiconductor stocks. I just went 7 00:00:26,880 --> 00:00:31,640 Speaker 3: and chose the entire socks the Philadelphia Stock Exchange Semiconductor Index. 8 00:00:32,040 --> 00:00:35,559 Speaker 3: We saw shares of Semi's rise today. The group outperformed 9 00:00:35,560 --> 00:00:40,040 Speaker 3: as analyst express optimism about the group's prospects. Miszoo Securities 10 00:00:40,120 --> 00:00:42,200 Speaker 3: raise its price targets on a number of chip makers. 11 00:00:42,280 --> 00:00:45,200 Speaker 3: Key Bank Capital Markets also raised targets on a number 12 00:00:45,200 --> 00:00:47,840 Speaker 3: of chip makers. If you look at the socks right now, 13 00:00:47,880 --> 00:00:50,800 Speaker 3: of the thirty stocks in there, twenty seven of them 14 00:00:50,800 --> 00:00:54,280 Speaker 3: were higher, three of them were lower. Intel up seven 15 00:00:54,320 --> 00:00:57,639 Speaker 3: point two percent, Global Foundries up seven percent. On the downside, 16 00:00:57,640 --> 00:01:02,080 Speaker 3: Broadcom titfall nine tenths of one percent. Also, Emily mentioned 17 00:01:02,240 --> 00:01:05,959 Speaker 3: copper stocks. I want to go with Freeport Macmaran. The 18 00:01:05,959 --> 00:01:08,880 Speaker 3: shares jumped as much as eight point eight percent earlier 19 00:01:08,880 --> 00:01:12,760 Speaker 3: in the session. They moved lower after that. Trump announcement 20 00:01:12,880 --> 00:01:15,720 Speaker 3: at the Cabinet meeting to finish the day down over 21 00:01:16,200 --> 00:01:19,039 Speaker 3: finished day higher rather by over two percent. This after 22 00:01:19,319 --> 00:01:23,160 Speaker 3: President Trump saity would impose fifty percent tariffs on copper. 23 00:01:23,400 --> 00:01:25,840 Speaker 1: Did you know there are people who collect like old pennies, 24 00:01:25,920 --> 00:01:27,600 Speaker 1: you know, the ones that actually still had copper in 25 00:01:27,640 --> 00:01:30,440 Speaker 1: them because they were anticipating a big jump in copper prices. 26 00:01:30,560 --> 00:01:32,440 Speaker 3: You know, it's funny you say that. I did not 27 00:01:32,600 --> 00:01:35,319 Speaker 3: know that. Okay, but I did learn something about coins 28 00:01:35,360 --> 00:01:36,760 Speaker 3: today and I'm glad you brought this up. 29 00:01:36,880 --> 00:01:37,200 Speaker 1: What's that? 30 00:01:37,520 --> 00:01:40,920 Speaker 3: Charlie Pellett told me, oh gosh that in the US, 31 00:01:41,720 --> 00:01:46,160 Speaker 3: we do not have the actual number of cents that 32 00:01:46,200 --> 00:01:50,000 Speaker 3: a coin is worth on that coin, like a time 33 00:01:50,040 --> 00:01:52,920 Speaker 3: doesn't say ten. That blows the quarter doesn't say twenty five. 34 00:01:52,960 --> 00:01:54,880 Speaker 1: And I don't know why, but it blows my mind. 35 00:01:55,080 --> 00:01:57,440 Speaker 3: Hey, you know what, we're a little different. Yeah, we're 36 00:01:57,440 --> 00:01:58,040 Speaker 3: a real different. 37 00:01:58,080 --> 00:01:58,800 Speaker 2: We are America. 38 00:01:59,040 --> 00:02:02,320 Speaker 3: We are Hey. I want to end with a stock 39 00:02:02,400 --> 00:02:06,000 Speaker 3: that really had some serious outperformance today, Pro Kidney Shares 40 00:02:06,080 --> 00:02:08,600 Speaker 3: sword what the most ever? Look at this up more 41 00:02:08,639 --> 00:02:11,639 Speaker 3: than five hundred percent? Isn't this wild? 42 00:02:11,680 --> 00:02:12,440 Speaker 1: I've never heard of this. 43 00:02:12,800 --> 00:02:15,280 Speaker 3: It's a drug developer, It gave top line results from 44 00:02:15,280 --> 00:02:18,360 Speaker 3: a mid stage trial of its experimental therapy to treat 45 00:02:18,440 --> 00:02:22,960 Speaker 3: kidney disease. The company reported statistically significant and clinically meaningful 46 00:02:23,000 --> 00:02:26,400 Speaker 3: positive top line results from a full group one modified 47 00:02:26,440 --> 00:02:30,639 Speaker 3: intent to treat population of a phase two trial. And 48 00:02:30,680 --> 00:02:33,240 Speaker 3: it was good news and investors loved it. Look at 49 00:02:33,240 --> 00:02:35,680 Speaker 3: this up more than five hundred percent ticker prok. 50 00:02:37,480 --> 00:02:39,960 Speaker 4: That is incredible, Tim. Let's go to the decliners. Though. 51 00:02:40,240 --> 00:02:44,760 Speaker 4: FICO fair ISAAC but known colloquially as FICO, fell nine 52 00:02:44,840 --> 00:02:49,680 Speaker 4: percent today after federal regulators said government sponsored mortgage entities 53 00:02:50,400 --> 00:02:52,600 Speaker 4: Fanny May and Freddie Mack will be able to use 54 00:02:52,960 --> 00:02:56,840 Speaker 4: an additional firm when determining borrowers credit worthiness, so they 55 00:02:56,840 --> 00:02:59,960 Speaker 4: were using FICO. Now Fanning and Freddy will allow lenders 56 00:03:00,120 --> 00:03:03,400 Speaker 4: to use Vantage four point zero their credit score to 57 00:03:03,400 --> 00:03:07,080 Speaker 4: increase competition in the credit score ecosystem, at least according 58 00:03:07,120 --> 00:03:09,440 Speaker 4: to what the regulators had to say. Vantage is a 59 00:03:09,440 --> 00:03:11,920 Speaker 4: private company, so we couldn't see how the shares performed, 60 00:03:11,919 --> 00:03:14,639 Speaker 4: but we did know that this was weighing heavily on FIO. 61 00:03:15,160 --> 00:03:19,360 Speaker 4: I'm also watching shares of Hershey down three percent closing 62 00:03:19,360 --> 00:03:22,519 Speaker 4: the day. Yeah. Down about three point two percent. After 63 00:03:22,560 --> 00:03:26,120 Speaker 4: some management changes, the snack food company named Wendy's CEO 64 00:03:26,240 --> 00:03:30,440 Speaker 4: Kirktanner as its CEO, replacing Michelle Buck. This is going 65 00:03:30,480 --> 00:03:34,200 Speaker 4: to be effective August eighteenth. The reason why the Street 66 00:03:34,280 --> 00:03:36,760 Speaker 4: was so negative on this is that Hershey announced back 67 00:03:36,760 --> 00:03:39,760 Speaker 4: in January that Buck would be retiring in June of 68 00:03:39,800 --> 00:03:42,840 Speaker 4: twenty twenty six, and so the timing of the appointment 69 00:03:42,880 --> 00:03:46,920 Speaker 4: is somewhat surprising, and the transition was almost a year early. 70 00:03:47,000 --> 00:03:49,080 Speaker 4: So shareholders didn't like that. So we saw that stock 71 00:03:49,200 --> 00:03:51,680 Speaker 4: falling and then finally First Solar. It's been a wild 72 00:03:51,800 --> 00:03:54,960 Speaker 4: ride here for the solar stocks. Today we saw First 73 00:03:54,960 --> 00:03:58,360 Speaker 4: Solar down, closing the day about six point five percent 74 00:03:58,680 --> 00:04:01,600 Speaker 4: lower after President Trump called for new rules that would 75 00:04:01,640 --> 00:04:05,640 Speaker 4: restrict access to tax incentives for solar and win projects 76 00:04:05,680 --> 00:04:08,560 Speaker 4: that were already paired back in that big beautiful bill. 77 00:04:08,680 --> 00:04:10,840 Speaker 1: Some of the big individual movers there. When we talk 78 00:04:10,880 --> 00:04:13,360 Speaker 1: about the aggregate market and the lack of movement that 79 00:04:13,400 --> 00:04:15,360 Speaker 1: we saw in the S and P five hundred, I'll 80 00:04:15,360 --> 00:04:17,360 Speaker 1: one up you and take a look at the bond market. 81 00:04:17,360 --> 00:04:21,120 Speaker 1: Treasuries basically doing nothing today. Yields are hire across the board, 82 00:04:21,160 --> 00:04:23,560 Speaker 1: but only by about one to two basis points as 83 00:04:23,560 --> 00:04:25,839 Speaker 1: you pick your point on the curve here, so a 84 00:04:25,839 --> 00:04:27,600 Speaker 1: little bit of status. Then we should point out most 85 00:04:27,600 --> 00:04:30,400 Speaker 1: of the activity in the treasury market actually came during 86 00:04:30,440 --> 00:04:33,880 Speaker 1: the European hours here, so it's basically been stasis for 87 00:04:34,200 --> 00:04:36,680 Speaker 1: the last couple of hours here on the US side. 88 00:04:38,120 --> 00:04:42,120 Speaker 2: This stock mover's report from Bloomberg Radio. Check back with 89 00:04:42,240 --> 00:04:44,800 Speaker 2: us throughout the day for the latest roundup of companies 90 00:04:44,880 --> 00:04:47,960 Speaker 2: making news on Wall Street and for the latest market 91 00:04:48,000 --> 00:04:52,480 Speaker 2: moving headlines. 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