1 00:00:02,520 --> 00:00:07,000 Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News. 2 00:00:10,080 --> 00:00:13,520 Speaker 2: This is the closing bell on the stock movers report 3 00:00:13,760 --> 00:00:16,720 Speaker 2: the company's making moves at the close of US trading 4 00:00:16,880 --> 00:00:21,360 Speaker 2: with Carol Masser, Tim Stenoveeck Romain Bostik, and Katie Greyfell. 5 00:00:22,600 --> 00:00:24,720 Speaker 3: Let's get to some of the individual gainers. And I'm 6 00:00:24,720 --> 00:00:27,280 Speaker 3: going to pull up actually two boards, and this is 7 00:00:27,320 --> 00:00:30,160 Speaker 3: an area that just was on fire today and we're 8 00:00:30,160 --> 00:00:33,600 Speaker 3: talking about coalstocks ralling. Take a look Peabody Energy up 9 00:00:33,640 --> 00:00:36,880 Speaker 3: about eight percent. You had Core Natural Resources again to 10 00:00:36,960 --> 00:00:39,440 Speaker 3: more than six percent, almost a six percent gain on 11 00:00:39,520 --> 00:00:42,520 Speaker 3: Hallador Energy. Flip it on over to the second board 12 00:00:42,560 --> 00:00:45,720 Speaker 3: and you've got Alliance Resource Partners that too is up 13 00:00:45,720 --> 00:00:49,720 Speaker 3: about two point seven percent. You had Alpha Metallurgical Resources 14 00:00:49,760 --> 00:00:51,760 Speaker 3: that was a gain of almost nine percent, and more 15 00:00:51,760 --> 00:00:55,560 Speaker 3: than ten percent higher on Warrior met cole these coalstocks 16 00:00:55,560 --> 00:00:58,080 Speaker 3: climbing is at war in Iran. The US war in 17 00:00:58,120 --> 00:01:02,160 Speaker 3: Iran continues, and there's Titans applies of LNG liquefied natural 18 00:01:02,240 --> 00:01:05,160 Speaker 3: gas and that's expected to increase demand for coal. So 19 00:01:05,240 --> 00:01:07,319 Speaker 3: that is something that we are seeing in terms of 20 00:01:07,319 --> 00:01:09,000 Speaker 3: a play. You got to keep in mind that LNG 21 00:01:09,600 --> 00:01:12,639 Speaker 3: some of the impact the guitar. We're talking about thirty 22 00:01:12,680 --> 00:01:15,840 Speaker 3: percent of their capacity being knocked out. That is going 23 00:01:15,880 --> 00:01:18,000 Speaker 3: to take something like three to five years to rebuild. 24 00:01:18,120 --> 00:01:21,480 Speaker 3: So you are going to see folks looking for alternative 25 00:01:21,600 --> 00:01:24,400 Speaker 3: energy suppliers and means. And that's why you've seen the 26 00:01:24,440 --> 00:01:27,360 Speaker 3: goal the coal sector really on fire today. And just 27 00:01:27,400 --> 00:01:30,960 Speaker 3: for something different, real quickly ticker JHG. We're talking about 28 00:01:31,040 --> 00:01:34,000 Speaker 3: Janis Henderson that was up about two point seven percent. 29 00:01:34,640 --> 00:01:37,400 Speaker 3: That's after try and Fund Management and General Catalyst Group 30 00:01:37,440 --> 00:01:40,320 Speaker 3: increase their bid to buy the asset manager to fend 31 00:01:40,319 --> 00:01:43,960 Speaker 3: off a competing offerer offer from Victory Capital, and the 32 00:01:44,000 --> 00:01:46,559 Speaker 3: amended agreement is for about fifty two dollars this year 33 00:01:46,600 --> 00:01:49,680 Speaker 3: in cash. You saw the stock of janis just closing 34 00:01:49,720 --> 00:01:52,040 Speaker 3: above that mark, and that fifty two is about a 35 00:01:52,240 --> 00:01:54,880 Speaker 3: three dollars all cash price increase. So we'll continue to 36 00:01:54,880 --> 00:01:57,320 Speaker 3: watch that one. But again another gainer, Tim over to you. 37 00:01:57,360 --> 00:01:59,040 Speaker 1: All right, let's do a few decliners. I went with 38 00:01:59,040 --> 00:02:01,680 Speaker 1: a whole index because software got so beat up today. 39 00:02:01,720 --> 00:02:05,080 Speaker 1: This is the I Shares Tech Software ETF now liberties 40 00:02:05,080 --> 00:02:09,200 Speaker 1: to three percent. Gotta do what you gotta do. This 41 00:02:09,280 --> 00:02:13,080 Speaker 1: after the Information reported that AWS is developing an AI 42 00:02:13,200 --> 00:02:16,639 Speaker 1: agent to automate some functions for sales, business development, and 43 00:02:16,720 --> 00:02:20,600 Speaker 1: other groups that have been targeted in some sweeping job cuts. 44 00:02:21,320 --> 00:02:23,640 Speaker 1: The agent, being developed by ADWS, handles some of the 45 00:02:23,639 --> 00:02:26,799 Speaker 1: workload of thousands of tech special listcenarios like cybersecurity and 46 00:02:26,840 --> 00:02:29,560 Speaker 1: server networking. That's according to the report in the Information. 47 00:02:29,639 --> 00:02:32,280 Speaker 1: So we saw software stocks fall and remain lower throughout 48 00:02:32,280 --> 00:02:34,160 Speaker 1: the day, down four point three percent for the I 49 00:02:34,280 --> 00:02:37,400 Speaker 1: shares Tech Software ETF also taking a look at what 50 00:02:37,440 --> 00:02:40,360 Speaker 1: happened with shares of Uber today, they fell as the 51 00:02:40,480 --> 00:02:43,200 Speaker 1: rideshare giant was reported to be in talks to acquire 52 00:02:43,240 --> 00:02:46,440 Speaker 1: the German premium show first services provider black Lane. This 53 00:02:46,480 --> 00:02:49,280 Speaker 1: is according to Manager magazine. Exact details are unown, but 54 00:02:49,280 --> 00:02:51,400 Speaker 1: the company's valuation is likely to be in the high 55 00:02:51,680 --> 00:02:54,959 Speaker 1: three digit million euro range. That's according to sources close 56 00:02:55,000 --> 00:02:58,760 Speaker 1: to black Lane. According to a Manager magazine, Uber down 57 00:02:58,960 --> 00:03:02,960 Speaker 1: today by about three point seven percent. And finally, Circle 58 00:03:03,000 --> 00:03:06,040 Speaker 1: Internet Group, this is the one that just sore after 59 00:03:06,120 --> 00:03:09,440 Speaker 1: the IPO's head going on. This is pretty wild, down 60 00:03:09,720 --> 00:03:12,480 Speaker 1: more than twenty percent today. It actually fell about by 61 00:03:12,480 --> 00:03:15,560 Speaker 1: more than twenty two percent before bouncing off those lows. 62 00:03:15,880 --> 00:03:18,520 Speaker 1: Worst day ever partly as a result of potential changes 63 00:03:18,560 --> 00:03:22,520 Speaker 1: to stable coin regulation, but mostly too about concerns about 64 00:03:22,560 --> 00:03:25,359 Speaker 1: a competitor. So Tether said today that it entered into 65 00:03:25,360 --> 00:03:28,120 Speaker 1: a formal agreement with a Big four accounting firm to 66 00:03:28,200 --> 00:03:31,440 Speaker 1: complete its first full audit, creating speculation that the company 67 00:03:31,440 --> 00:03:34,160 Speaker 1: could be preparing to move into the US. This according 68 00:03:34,200 --> 00:03:38,120 Speaker 1: to a senior equity research analyst, def Monesse. Analysts believe 69 00:03:38,200 --> 00:03:41,800 Speaker 1: also proposed changes to legislation could reduce incentives for holders 70 00:03:41,800 --> 00:03:44,880 Speaker 1: to maintain balances and tokens rather than bank deposits, so 71 00:03:44,960 --> 00:03:47,160 Speaker 1: make it more attractive to go back to the banks 72 00:03:47,240 --> 00:03:49,760 Speaker 1: less attractive to hold in stable coins, which would affect 73 00:03:50,080 --> 00:03:53,320 Speaker 1: circles revenue as well. 74 00:03:53,360 --> 00:03:57,400 Speaker 2: The Stock Movers Report from Bloomberg Radio. Check back with 75 00:03:57,480 --> 00:03:59,960 Speaker 2: us throughout the day for the latest roundup of companies 76 00:04:00,160 --> 00:04:03,200 Speaker 2: making news on Wall Street and for the latest market 77 00:04:03,240 --> 00:04:07,680 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 78 00:04:07,800 --> 00:04:11,280 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 79 00:04:11,360 --> 00:04:12,840 Speaker 2: the Bloomberg Business app.