WEBVTT - Closing Bell: ASML Surges, ImmunityBio Rallies, Constellation Energy Falls

0:00:02.520 --> 0:00:07.040
<v Speaker 1>Bloomberg Audio Studios, podcasts, radio News.

0:00:10.080 --> 0:00:13.520
<v Speaker 2>This is the closing belt on this stock mover's report,

0:00:13.760 --> 0:00:16.720
<v Speaker 2>the company's making moves at the close of US trading

0:00:16.880 --> 0:00:21.400
<v Speaker 2>with Carol Masser, Tim Stenovack, Romain Bostik, and Katie Greifel.

0:00:22.280 --> 0:00:26.000
<v Speaker 3>In today's trade, almost an even number of winners and losers,

0:00:26.040 --> 0:00:28.120
<v Speaker 3>if I may say it that way, two hundred and

0:00:28.120 --> 0:00:29.880
<v Speaker 3>twenty seven names in the S and P five hundred

0:00:29.960 --> 0:00:33.400
<v Speaker 3>gaining in the Friday trade, Emily two hundred and seventy

0:00:33.440 --> 0:00:34.520
<v Speaker 3>six to the downside.

0:00:34.680 --> 0:00:36.440
<v Speaker 1>Yeah, i't we take a look at the circle here.

0:00:36.560 --> 0:00:39.800
<v Speaker 1>You only had one, two, three, four, five, five of

0:00:39.880 --> 0:00:42.760
<v Speaker 1>the major SMP sectors five the eleven in degree today

0:00:42.800 --> 0:00:45.120
<v Speaker 1>and the outside move was actually in real estate, a

0:00:45.200 --> 0:00:48.400
<v Speaker 1>one point two percent move for that group higher. And

0:00:48.400 --> 0:00:50.960
<v Speaker 1>we should just point out the second best gainer in

0:00:51.000 --> 0:00:54.280
<v Speaker 1>that area was industrials, and that was only half half

0:00:54.480 --> 0:00:56.600
<v Speaker 1>of those gains. Tech not doing anything on the day,

0:00:56.640 --> 0:00:57.520
<v Speaker 1>healthcare in the red.

0:00:57.680 --> 0:01:00.000
<v Speaker 3>All right, guys, let's get to some of the individual gainers,

0:01:00.360 --> 0:01:02.680
<v Speaker 3>if I may. In today's session, got to talk about

0:01:03.040 --> 0:01:07.360
<v Speaker 3>semiconductors again, some outperformance there in the trade ASML holding.

0:01:07.360 --> 0:01:10.840
<v Speaker 3>Morgan Stanley laying out its bullish case for why investors

0:01:10.840 --> 0:01:14.000
<v Speaker 3>should buy the stock, saying in the most optimistic scenario

0:01:14.040 --> 0:01:16.920
<v Speaker 3>of the stock is a seventy percent rally ahead as

0:01:17.000 --> 0:01:19.280
<v Speaker 3>chip maker's ramp up spending to meet soaring demand for

0:01:19.360 --> 0:01:22.800
<v Speaker 3>artificial intelligence. So you saw ASML up about two percent

0:01:22.959 --> 0:01:25.200
<v Speaker 3>in the trade, and I got to mention semiconductors.

0:01:25.480 --> 0:01:27.199
<v Speaker 4>They continued to be on a tear.

0:01:27.319 --> 0:01:30.240
<v Speaker 3>They as a group overall most names in that index higher,

0:01:30.840 --> 0:01:34.160
<v Speaker 3>the Philadelphia Semiconductor Index up more than one percent in

0:01:34.160 --> 0:01:38.120
<v Speaker 3>today's session. All right, let's go to Ast Space Mobile

0:01:38.640 --> 0:01:41.920
<v Speaker 3>shares soaring in today's session. You saw that one up

0:01:41.959 --> 0:01:46.880
<v Speaker 3>about fourteen percent, up nineteen percent at its highs intra day,

0:01:47.000 --> 0:01:50.840
<v Speaker 3>but again outperformance. The other satellite internet company was given

0:01:51.080 --> 0:01:55.200
<v Speaker 3>prime contract position for the US Missile Defense Agency's Shield program,

0:01:55.240 --> 0:01:57.320
<v Speaker 3>something the program the President has talked about.

0:01:57.560 --> 0:01:59.720
<v Speaker 4>It is connected, of course to his Golden Dome.

0:01:59.840 --> 0:02:03.240
<v Speaker 3>F for stock up about sixty percent here to date

0:02:03.360 --> 0:02:06.600
<v Speaker 3>seventy seventeen percent. Excuse me of the float is short,

0:02:06.600 --> 0:02:07.960
<v Speaker 3>but again some outperformance.

0:02:08.080 --> 0:02:10.400
<v Speaker 4>I want to mention a bui the Golden Dome.

0:02:10.800 --> 0:02:12.320
<v Speaker 5>Well, you know, I don't know.

0:02:12.840 --> 0:02:15.680
<v Speaker 3>To protect in terms of missiles coming in. Oh, this

0:02:15.800 --> 0:02:21.880
<v Speaker 3>idea of like fighting back to this to me, okay,

0:02:22.440 --> 0:02:22.959
<v Speaker 3>move it a lot.

0:02:23.000 --> 0:02:24.799
<v Speaker 5>I think they cut your Microman.

0:02:26.200 --> 0:02:28.480
<v Speaker 4>Immunity bio tickers IBRX.

0:02:28.520 --> 0:02:30.600
<v Speaker 3>That one up, check it out, guys, up almost forty

0:02:30.639 --> 0:02:33.640
<v Speaker 3>percent in today's session. It's a five point two billion

0:02:33.680 --> 0:02:36.920
<v Speaker 3>dollar market cap company, extending its advance for an eleventh

0:02:36.960 --> 0:02:41.000
<v Speaker 3>straight session. It's a record streak company giving efficacy results

0:02:41.000 --> 0:02:43.679
<v Speaker 3>from a clinical cancer trial for patients with a type

0:02:43.720 --> 0:02:47.440
<v Speaker 3>of cancer that affects the lymphatic system. So really some

0:02:47.520 --> 0:02:49.880
<v Speaker 3>outperformance there based on that trial. And I got to

0:02:49.880 --> 0:02:52.119
<v Speaker 3>talk a little bit about the power sector, talking about

0:02:52.160 --> 0:02:54.080
<v Speaker 3>it all day. I'm sure you guys have as well.

0:02:54.080 --> 0:02:56.680
<v Speaker 3>Today President Trump moving to make tech giants pay for

0:02:56.720 --> 0:02:59.200
<v Speaker 3>surging power costs. And I also have been trying to

0:02:59.200 --> 0:03:02.000
<v Speaker 3>figure out the win and losers in here. And geve

0:03:02.080 --> 0:03:05.120
<v Speaker 3>Renova was certainly one maker of natural gas turbines and

0:03:05.320 --> 0:03:06.880
<v Speaker 3>was seeing this as one of the winners. And you

0:03:06.919 --> 0:03:09.840
<v Speaker 3>saw GeV Vernova up more than six percent in today's session.

0:03:10.320 --> 0:03:11.680
<v Speaker 4>Now to the losers.

0:03:11.960 --> 0:03:14.920
<v Speaker 6>What she said losers and pointed right in Mary, that's okay.

0:03:14.919 --> 0:03:17.480
<v Speaker 6>I'm glad you ended with g Vernova because that's exactly

0:03:17.560 --> 0:03:19.639
<v Speaker 6>where I want to start, we didn't see. We saw

0:03:19.639 --> 0:03:22.160
<v Speaker 6>some stocks move lower as a result of this move

0:03:22.160 --> 0:03:24.400
<v Speaker 6>from the White House Constellation Energy Group. Look at this

0:03:24.440 --> 0:03:26.000
<v Speaker 6>at the bottom of the S and P five hundred

0:03:26.040 --> 0:03:29.000
<v Speaker 6>down nine point eight percent, worst performer. We've been talking

0:03:29.000 --> 0:03:31.960
<v Speaker 6>about this all day. That move that caused ge Vernova

0:03:32.040 --> 0:03:34.280
<v Speaker 6>shares to move higher, caused some of the large power

0:03:34.360 --> 0:03:38.640
<v Speaker 6>generation companies to move lower. Supply and demand here, if

0:03:38.640 --> 0:03:41.480
<v Speaker 6>more power is available, if there is more supply, then

0:03:41.560 --> 0:03:44.280
<v Speaker 6>prices could drop, and you know these companies would not

0:03:44.360 --> 0:03:47.320
<v Speaker 6>benefit as a result. But Josh Saul on our program

0:03:47.320 --> 0:03:51.040
<v Speaker 6>earlier reminding us this type of thing years out. Infrastructure

0:03:51.080 --> 0:03:53.000
<v Speaker 6>takes a very long time to be built in the US.

0:03:53.080 --> 0:03:56.960
<v Speaker 6>But still this is the immediate share reaction that we saw. Also,

0:03:56.960 --> 0:04:00.480
<v Speaker 6>the Mosaic Company shares falling today. This after the company

0:04:00.480 --> 0:04:03.480
<v Speaker 6>reported a significant decline in North American fertilizer demand. In

0:04:03.520 --> 0:04:06.920
<v Speaker 6>the fourth quarter of twenty twenty five. Phosphate sales volume

0:04:07.400 --> 0:04:10.600
<v Speaker 6>fell out about one point three million tons, shares falling

0:04:10.640 --> 0:04:14.640
<v Speaker 6>today by about four point five percent. And finally, looking

0:04:14.680 --> 0:04:18.680
<v Speaker 6>at Draft Kings and Flutter Entertainment, the publicly traded companies

0:04:19.360 --> 0:04:23.160
<v Speaker 6>in the sports betting industry DraftKings following eight percent flutter.

0:04:23.240 --> 0:04:25.640
<v Speaker 6>The parent company of fan dueled down six point three

0:04:25.760 --> 0:04:28.920
<v Speaker 6>percent today. This after weekly data from the New York

0:04:28.920 --> 0:04:32.000
<v Speaker 6>State Gambling Gaming Commission showed that the revenue from online

0:04:32.000 --> 0:04:35.400
<v Speaker 6>sports gambling fell during the NFL's wild Card weekend, it

0:04:35.440 --> 0:04:38.719
<v Speaker 6>typically attracts more betters to games. This decline comes at

0:04:38.720 --> 0:04:40.760
<v Speaker 6>the same time the volume of sports wagers on competing

0:04:40.800 --> 0:04:44.680
<v Speaker 6>prediction market platforms grows. You can you know you don't

0:04:44.720 --> 0:04:46.839
<v Speaker 6>just bet on the new FED share Romaine, bet on the.

0:04:46.839 --> 0:04:48.080
<v Speaker 5>New fed share on poly market.

0:04:48.160 --> 0:04:48.920
<v Speaker 1>Yeah, I don't do that.

0:04:48.960 --> 0:04:50.920
<v Speaker 5>You bet on NFL outcomes too.

0:04:51.040 --> 0:04:54.600
<v Speaker 4>You're betting on how many people Taylor invites to you

0:04:54.600 --> 0:04:56.640
<v Speaker 4>her wedding? Is that what you're betting on?

0:04:56.720 --> 0:04:59.560
<v Speaker 5>You bet on how many times Romaine is going to interrupt? Carrol? Oh,

0:05:00.480 --> 0:05:01.560
<v Speaker 5>what you're talking about?

0:05:01.600 --> 0:05:04.760
<v Speaker 1>Just root for the Bears se so Taylor Swift, okay,

0:05:04.839 --> 0:05:06.800
<v Speaker 1>because you threw me off there you're talking about Jim Wheeler.

0:05:08.640 --> 0:05:10.359
<v Speaker 1>I was like, by the way, the wedding of the year,

0:05:10.839 --> 0:05:15.279
<v Speaker 1>the wedding of the year, Yes, thank you, tea wigs yields,

0:05:15.320 --> 0:05:16.280
<v Speaker 1>can we get to yields here?

0:05:16.279 --> 0:05:17.040
<v Speaker 5>They move higher?

0:05:17.080 --> 0:05:19.080
<v Speaker 1>And that is significant here because we talk about a

0:05:19.120 --> 0:05:22.080
<v Speaker 1>market that overall seems to think that through the course

0:05:22.120 --> 0:05:25.279
<v Speaker 1>of this year, yields will move lower, but at least

0:05:25.279 --> 0:05:28.080
<v Speaker 1>for right now, moving higher on the day and on the.

0:05:28.000 --> 0:05:33.640
<v Speaker 2>Week the Stock Movers Report from Bloomberg Radio. Check back

0:05:33.680 --> 0:05:35.919
<v Speaker 2>with us throughout the day for the latest roundup of

0:05:35.960 --> 0:05:39.240
<v Speaker 2>companies making news on Wall Street and for the latest

0:05:39.279 --> 0:05:43.480
<v Speaker 2>market moving headlines. Listen to Bloomberg Radio Live, catch us

0:05:43.520 --> 0:05:47.239
<v Speaker 2>on YouTube, Bloomberg dot com, and on Applecarplay and Android

0:05:47.279 --> 0:05:49.279
<v Speaker 2>Auto with the Bloomberg Business app.