1 00:00:02,520 --> 00:00:07,000 Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News. 2 00:00:09,880 --> 00:00:13,320 Speaker 2: This is the closing bell on this stock movers report 3 00:00:13,560 --> 00:00:16,520 Speaker 2: the company's making moves at the close of US trading 4 00:00:16,760 --> 00:00:21,279 Speaker 2: with Carol Masser, Tim Stenebeck, Romain Bostik, and Scarlet Foo. 5 00:00:22,320 --> 00:00:24,400 Speaker 3: If you look at the S and P five hundred, 6 00:00:24,920 --> 00:00:27,120 Speaker 3: you've got more than two hundred names to THEP side, 7 00:00:27,160 --> 00:00:29,280 Speaker 3: two hundred and ninety nine to the downside. 8 00:00:29,400 --> 00:00:31,560 Speaker 4: And let's take a look at the sector level as well, 9 00:00:31,680 --> 00:00:35,000 Speaker 4: slightly more red than green. When you consult the circle there, 10 00:00:35,320 --> 00:00:37,599 Speaker 4: you can see that Tech is actually lower on the day. 11 00:00:37,680 --> 00:00:39,479 Speaker 4: Feels like we haven't seen that for a while. That 12 00:00:39,560 --> 00:00:41,640 Speaker 4: sector down by about half a percent. We know a 13 00:00:41,680 --> 00:00:44,120 Speaker 4: lot of that comes back to Oracle in terms of 14 00:00:44,120 --> 00:00:47,120 Speaker 4: what did well. Consumer Staples was your big winner when 15 00:00:47,159 --> 00:00:50,080 Speaker 4: it comes to a percent, bases up by about nine 16 00:00:50,120 --> 00:00:53,360 Speaker 4: tenths of a percent. Financials too as well. But consumer 17 00:00:53,400 --> 00:00:56,160 Speaker 4: staples being the big winner really speaks to the defensive 18 00:00:56,280 --> 00:00:58,240 Speaker 4: mood in the market overall today. 19 00:00:58,440 --> 00:01:01,400 Speaker 3: All right, Having said that, man some real standouts when 20 00:01:01,440 --> 00:01:04,800 Speaker 3: it comes to gainers in the Tuesday Trade trilogy. 21 00:01:06,240 --> 00:01:06,759 Speaker 2: Trilogy. 22 00:01:06,880 --> 00:01:09,920 Speaker 3: I'm sure you'll have more to add. Trilogy medals up 23 00:01:09,920 --> 00:01:12,600 Speaker 3: two hundred and eleven percent. It was up as much 24 00:01:12,640 --> 00:01:14,919 Speaker 3: as two hundred and eighty one percent earlier in the session, 25 00:01:14,959 --> 00:01:18,240 Speaker 3: but finishing with a two hundred eleven percent gain. Ticker 26 00:01:18,319 --> 00:01:21,880 Speaker 3: is TMQ. It's a six dollars fifty cent a share stock. 27 00:01:22,240 --> 00:01:24,120 Speaker 3: You know the story the United States taking a ten 28 00:01:24,160 --> 00:01:27,560 Speaker 3: percent steak in the Canadian Minerals Explorer as part of 29 00:01:27,600 --> 00:01:30,399 Speaker 3: a thirty five point six million dollar investment to secure 30 00:01:30,400 --> 00:01:33,280 Speaker 3: critical energy and mining projects in Alaska. We have seen 31 00:01:33,280 --> 00:01:35,360 Speaker 3: this trade coming out of the White House, so there's 32 00:01:35,680 --> 00:01:39,320 Speaker 3: a beneficiary in a big way. App Lovin down fourteen 33 00:01:39,360 --> 00:01:41,399 Speaker 3: percent yesterday. It was a story that came on our 34 00:01:41,480 --> 00:01:45,280 Speaker 3: radar late yesterday. Down fourteen percent in the Monday trade, 35 00:01:45,319 --> 00:01:48,240 Speaker 3: but up seven point six percent in today's session. It 36 00:01:48,280 --> 00:01:50,640 Speaker 3: was a top gainer in the S and P five 37 00:01:50,720 --> 00:01:53,920 Speaker 3: hundred NASDAQ one hundred city coming out and saying that 38 00:01:54,120 --> 00:01:57,560 Speaker 3: they would be buyers on any weakness. They say that 39 00:01:57,600 --> 00:02:01,080 Speaker 3: they noted that the regulator SEC has no officially accused 40 00:02:01,120 --> 00:02:04,880 Speaker 3: app love and of any wrongdoing, so they're kind of 41 00:02:04,880 --> 00:02:07,360 Speaker 3: a little bit It sounds like suspect. Keep in mind 42 00:02:07,400 --> 00:02:09,840 Speaker 3: the big story yesterday Bloomberg News breaking that the SEC 43 00:02:09,919 --> 00:02:14,840 Speaker 3: has been probing the company according specifically looking at their 44 00:02:14,919 --> 00:02:18,000 Speaker 3: data collection practices. That was according to people familiar, but 45 00:02:18,000 --> 00:02:21,079 Speaker 3: nonetheless investors moving back into app love and got to 46 00:02:21,120 --> 00:02:25,520 Speaker 3: mention AMD. It again was among your biggest gainers in 47 00:02:25,560 --> 00:02:29,360 Speaker 3: the major indices, up another three almost four percent in 48 00:02:29,360 --> 00:02:33,120 Speaker 3: today's session. This kind of another gain for a second day, 49 00:02:33,200 --> 00:02:36,040 Speaker 3: up almost twenty four percent yesterday. So continuing to build, 50 00:02:36,120 --> 00:02:38,760 Speaker 3: and that of course is the news that AMD has 51 00:02:38,760 --> 00:02:41,800 Speaker 3: a deal with open Ai to build AI infrastructure. So 52 00:02:42,080 --> 00:02:44,239 Speaker 3: some momentum continuing on this Tuesday tamp. 53 00:02:44,440 --> 00:02:46,120 Speaker 5: Well, those are some of the gainers. I got some 54 00:02:46,120 --> 00:02:47,440 Speaker 5: of the decliners for you. I'm going to start with 55 00:02:47,520 --> 00:02:50,320 Speaker 5: Oracle shares today, falling by two point five percent, this 56 00:02:50,400 --> 00:02:53,519 Speaker 5: after report in the Information said the company's profit margin 57 00:02:53,560 --> 00:02:56,600 Speaker 5: in cloud computing is lower than many on Wall Street 58 00:02:56,680 --> 00:03:00,000 Speaker 5: have been estimating. The Company's growth margin was sixty seven 59 00:03:00,080 --> 00:03:01,920 Speaker 5: point three percent, the lowest in more than a year, 60 00:03:02,000 --> 00:03:03,920 Speaker 5: due to have a spending on chips and data center 61 00:03:03,960 --> 00:03:07,920 Speaker 5: capacity oortle. Oracle shares earlier in the session fell as 62 00:03:07,960 --> 00:03:10,600 Speaker 5: much as seven point one percent, but paired those declines 63 00:03:10,600 --> 00:03:12,440 Speaker 5: to close down two and a half percent. The company 64 00:03:13,040 --> 00:03:17,639 Speaker 5: declined to comment. Ford shares following the most today since February, 65 00:03:17,720 --> 00:03:21,160 Speaker 5: down six point one percent. The Wall Street Journal reported 66 00:03:21,200 --> 00:03:23,160 Speaker 5: that a fire at a New York State aluminum plant 67 00:03:23,240 --> 00:03:26,160 Speaker 5: will cause months of disruption for Ford. It's the biggest 68 00:03:26,160 --> 00:03:29,760 Speaker 5: customer of this plant based in Oswego, though Toyota and 69 00:03:29,800 --> 00:03:33,520 Speaker 5: Stalantis also used this plant's aluminum. City says it's too 70 00:03:33,560 --> 00:03:36,160 Speaker 5: soon to cut fourth quarter North American light vehicle forecast, 71 00:03:36,240 --> 00:03:38,760 Speaker 5: but the fire could present a supply risk for the period. 72 00:03:39,040 --> 00:03:41,400 Speaker 5: Our Bloomberg intelligence team, including Steve Man, who's going to 73 00:03:41,440 --> 00:03:43,880 Speaker 5: join our program in just about twenty minutes, says that 74 00:03:43,960 --> 00:03:47,440 Speaker 5: the drop in the stock also reflects persistent concern overrising 75 00:03:47,520 --> 00:03:50,800 Speaker 5: warranty costs and its EV business at the expiration of 76 00:03:50,840 --> 00:03:55,000 Speaker 5: an EV tax credit, crimping demand and finally, watching shares 77 00:03:55,040 --> 00:03:59,200 Speaker 5: of sports betting platforms DraftKings and Flutter Entertainment. Flutter is 78 00:03:59,240 --> 00:04:02,840 Speaker 5: the parent company fan Duel. Flutter down three point seven percent, 79 00:04:02,920 --> 00:04:05,920 Speaker 5: DraftKings down five point eight percent. These took a hit 80 00:04:06,000 --> 00:04:08,960 Speaker 5: today after Intercontinental Exchange, the owner of the New York 81 00:04:08,960 --> 00:04:11,760 Speaker 5: Stock Exchange, announced plan plans to invest as much as 82 00:04:11,800 --> 00:04:15,400 Speaker 5: two billion dollars in the crypto based betting platform poly market. 83 00:04:15,440 --> 00:04:18,920 Speaker 5: You can kind of bet on anything on poly market guys, 84 00:04:18,960 --> 00:04:22,760 Speaker 5: not just about elections, not just about how many tweets 85 00:04:22,760 --> 00:04:24,680 Speaker 5: elon Musk will send. That was a real one that 86 00:04:24,680 --> 00:04:27,120 Speaker 5: I saw this morning, but also of course on sports 87 00:04:27,160 --> 00:04:30,320 Speaker 5: as well. So that could be a challenge to these companies. 88 00:04:30,320 --> 00:04:31,480 Speaker 5: And whether it's you're play. 89 00:04:32,200 --> 00:04:34,680 Speaker 3: A sandwich well touring our show. 90 00:04:34,360 --> 00:04:36,279 Speaker 5: Oh, that one's an easy one to sort. 91 00:04:36,080 --> 00:04:37,720 Speaker 4: Of like the market. 92 00:04:37,760 --> 00:04:39,920 Speaker 3: The odds are night not maybe so liquid, but the 93 00:04:39,920 --> 00:04:42,080 Speaker 3: odds are that. 94 00:04:42,080 --> 00:04:44,640 Speaker 1: You will okay, I have no idea what their. 95 00:04:45,320 --> 00:04:48,479 Speaker 4: The sandwich is on whether or not he is going 96 00:04:48,520 --> 00:04:49,280 Speaker 4: to all right. 97 00:04:49,320 --> 00:04:51,520 Speaker 1: Well, you can also bet on where treasuries are going. 98 00:04:51,640 --> 00:04:53,280 Speaker 1: You take a look at yields on the screen, they 99 00:04:53,279 --> 00:04:55,600 Speaker 1: are down across the board. Here there's your point out 100 00:04:55,640 --> 00:04:58,400 Speaker 1: that we had seen yields ticking higher for the last 101 00:04:58,440 --> 00:05:00,279 Speaker 1: few days, really the last couple of weeks or so. 102 00:05:00,360 --> 00:05:02,800 Speaker 1: A bit of a pullback today as some people pile 103 00:05:03,640 --> 00:05:05,640 Speaker 1: pile back in on a rice basis. 104 00:05:07,240 --> 00:05:11,480 Speaker 2: The Stockmovers Report from Bloomberg Radio. Check back with us 105 00:05:11,520 --> 00:05:14,320 Speaker 2: throughout the day for the latest roundup of companies making 106 00:05:14,400 --> 00:05:18,000 Speaker 2: news on Wall Street and for the latest market moving headlines. 107 00:05:18,200 --> 00:05:22,240 Speaker 2: Listen to Bloomberg Radio Live. Catch us on YouTube, Bloomberg 108 00:05:22,279 --> 00:05:25,359 Speaker 2: dot com, and on Applecarplay and Android Auto with the 109 00:05:25,400 --> 00:05:26,760 Speaker 2: Bloomberg Business app.