Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 2: This is the closing bell on the stock movers report
Speaker 2: the company's making moves at the close of US trading
Speaker 2: with Carol Masser, Tim Stenoveeck Romain Bostik, and Katie Greyfell.
Speaker 3: Let's get to some of the individual gainers. And I'm
Speaker 3: going to pull up actually two boards, and this is
Speaker 3: an area that just was on fire today and we're
Speaker 3: talking about coalstocks ralling. Take a look Peabody Energy up
Speaker 3: about eight percent. You had Core Natural Resources again to
Speaker 3: more than six percent, almost a six percent gain on
Speaker 3: Hallador Energy. Flip it on over to the second board
Speaker 3: and you've got Alliance Resource Partners that too is up
Speaker 3: about two point seven percent. You had Alpha Metallurgical Resources
Speaker 3: that was a gain of almost nine percent, and more
Speaker 3: than ten percent higher on Warrior met cole these coalstocks
Speaker 3: climbing is at war in Iran. The US war in
Speaker 3: Iran continues, and there's Titans applies of LNG liquefied natural
Speaker 3: gas and that's expected to increase demand for coal. So
Speaker 3: that is something that we are seeing in terms of
Speaker 3: a play. You got to keep in mind that LNG
Speaker 3: some of the impact the guitar. We're talking about thirty
Speaker 3: percent of their capacity being knocked out. That is going
Speaker 3: to take something like three to five years to rebuild.
Speaker 3: So you are going to see folks looking for alternative
Speaker 3: energy suppliers and means. And that's why you've seen the
Speaker 3: goal the coal sector really on fire today. And just
Speaker 3: for something different, real quickly ticker JHG. We're talking about
Speaker 3: Janis Henderson that was up about two point seven percent.
Speaker 3: That's after try and Fund Management and General Catalyst Group
Speaker 3: increase their bid to buy the asset manager to fend
Speaker 3: off a competing offerer offer from Victory Capital, and the
Speaker 3: amended agreement is for about fifty two dollars this year
Speaker 3: in cash. You saw the stock of janis just closing
Speaker 3: above that mark, and that fifty two is about a
Speaker 3: three dollars all cash price increase. So we'll continue to
Speaker 3: watch that one. But again another gainer, Tim over to you.
Speaker 1: All right, let's do a few decliners. I went with
Speaker 1: a whole index because software got so beat up today.
Speaker 1: This is the I Shares Tech Software ETF now liberties
Speaker 1: to three percent. Gotta do what you gotta do. This
Speaker 1: after the Information reported that AWS is developing an AI
Speaker 1: agent to automate some functions for sales, business development, and
Speaker 1: other groups that have been targeted in some sweeping job cuts.
Speaker 1: The agent, being developed by ADWS, handles some of the
Speaker 1: workload of thousands of tech special listcenarios like cybersecurity and
Speaker 1: server networking. That's according to the report in the Information.
Speaker 1: So we saw software stocks fall and remain lower throughout
Speaker 1: the day, down four point three percent for the I
Speaker 1: shares Tech Software ETF also taking a look at what
Speaker 1: happened with shares of Uber today, they fell as the
Speaker 1: rideshare giant was reported to be in talks to acquire
Speaker 1: the German premium show first services provider black Lane. This
Speaker 1: is according to Manager magazine. Exact details are unown, but
Speaker 1: the company's valuation is likely to be in the high
Speaker 1: three digit million euro range. That's according to sources close
Speaker 1: to black Lane. According to a Manager magazine, Uber down
Speaker 1: today by about three point seven percent. And finally, Circle
Speaker 1: Internet Group, this is the one that just sore after
Speaker 1: the IPO's head going on. This is pretty wild, down
Speaker 1: more than twenty percent today. It actually fell about by
Speaker 1: more than twenty two percent before bouncing off those lows.
Speaker 1: Worst day ever partly as a result of potential changes
Speaker 1: to stable coin regulation, but mostly too about concerns about
Speaker 1: a competitor. So Tether said today that it entered into
Speaker 1: a formal agreement with a Big four accounting firm to
Speaker 1: complete its first full audit, creating speculation that the company
Speaker 1: could be preparing to move into the US. This according
Speaker 1: to a senior equity research analyst, def Monesse. Analysts believe
Speaker 1: also proposed changes to legislation could reduce incentives for holders
Speaker 1: to maintain balances and tokens rather than bank deposits, so
Speaker 1: make it more attractive to go back to the banks
Speaker 1: less attractive to hold in stable coins, which would affect
Speaker 1: circles revenue as well.
Speaker 2: The Stock Movers Report from Bloomberg Radio. Check back with
Speaker 2: us throughout the day for the latest roundup of companies
Speaker 2: making news on Wall Street and for the latest market
Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,
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