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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: This is the closing bell on this stock mover's report.

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Speaker 2: The companies making moves at the close of US trading

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Speaker 2: with Carol Masser, Tim Stenebeck, Romain Bostick, and Scarlet Foo.

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Speaker 1: Two hundred and fifty stocks turn fifty five stocks. Excuse me,

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Speaker 1: moved higher is about two hundred and forty four move lower.

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Speaker 3: If we look at the IMAP, this also tells the

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Speaker 3: story because Scarlett, you mentioned it earlier. But utilities were

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Speaker 3: the best performer. We're talking mainly though Vistra Energy, for example,

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Speaker 3: these utilities that are involved in power consumption by AI

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Speaker 3: companies and so on, up one point seven percent, but

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Speaker 3: energy companies in general down one percent. So there was

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Speaker 3: a lot of stories going on underneath. It wasn't just scrypto.

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Speaker 4: Week and just a quick correction. When I gave those numbers,

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Speaker 4: I'm sorry I was referring to volume, not the actual

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Speaker 4: index levels, because the index levels are not moving like that.

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Speaker 4: For on a weekly basis, the S and P five

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Speaker 4: hundred martinly higher by tens of one percent than asdek

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Speaker 4: little change on the week.

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Speaker 1: All right, Well, let's talk to some of the stocks

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Speaker 1: that we're on the move today and this week as well.

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Speaker 1: A few of the gainers on my radar included Charles

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Speaker 1: Schwab up two point nine percent. The company did report

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Speaker 1: second quarter earnings earlier today at top estimates, client assets

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Speaker 1: hit a new record, trading revenue increased. Rick Worster, the

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Speaker 1: company's new Ish CEO. He said they are continuing to

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Speaker 1: build out digital assets and it'll include spot trading and

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Speaker 1: bitcoin and ethereum. The company expects to be a quote

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Speaker 1: meaningful growth driver. Also watching shares of what's happening with

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Speaker 1: crypto companies today because of that signing of the Genius

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Speaker 1: Act in Washington. We heard comments from President Trump earlier

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Speaker 1: today talking about that bill moving through Congress and ultimately

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Speaker 1: ending up on his guest on his desk. Shares a

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Speaker 1: Robin Hood Hire by four percent today. The President hailed

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Speaker 1: that new law as a giant step to cement American

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Speaker 1: dominance of global finance and crypto technology. It delivered a

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Speaker 1: major victory for the digital assat industry. Robin and CEO

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Speaker 1: of Latenant, was actually at the event at the White

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Speaker 1: House today. The President called him out by name just

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Speaker 1: a little bit ago, and finally here's an interesting one,

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Speaker 1: California Resources. It's an energy and carbet management company based

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Speaker 1: in California. It popped in late trading. You can see

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Speaker 1: it on the chart right there, up close to seven

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Speaker 1: percent on the day. This AFTERNOWS reports that Governor Gavin

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Speaker 1: Newsom of California as proposing to build a streamline permitting

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Speaker 1: for new oil wells. Environmental groups, though, are pushing back.

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Speaker 1: They say it would wipe out scrutiny of the industry.

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Speaker 1: California Resources up today by six point seven percent.

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Speaker 5: Onto the decliners. We have to start with Komta because

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Speaker 5: shares closed just one and a half percent lower, but

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Speaker 5: in today it was wild because the shares sank as

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Speaker 5: much as seven and a half percent. That's the lowest

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Speaker 5: since at least April twenty seventeen. So Humana loss its

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Speaker 5: lawsuit seeking to reverse cuts to its Medicare bonus payment.

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Speaker 5: So this is a blow for the insured because they

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Speaker 5: really hoped that the court would restore billions in revenue.

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Speaker 5: So we're definitely going to see a six squeeze in profits.

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Speaker 5: We have Barklay telling Bloomberg in April that a win

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Speaker 5: would have doubled their twenty twenty six profits, so this

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Speaker 5: is why stocks are edging down for now. Next is Lucid,

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Speaker 5: so this is also in the red, down by two

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Speaker 5: and a half percent. Shares are just really consolidating after

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Speaker 5: the massive jump we saw on Thursday, that's yesterday, which

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Speaker 5: we saw the most in two years. So this came

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Speaker 5: after the company said it was planning to team up

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Speaker 5: with Uber and self driving tech startup Neuro to launch

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Speaker 5: a robotaxi fleet. And last we have Chevron. Shares are

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Speaker 5: down by almost one percent. So Chevron won the arbitration

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Speaker 5: battle with Exxon, which is its large arrival to finally

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Speaker 5: close its acquisition of Hess. So the victory comes after

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Speaker 5: more than twenty months after the deal was announced, which

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Speaker 5: was worth fifty three billion dollars. So really at least

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Speaker 5: a lot of overhang they are lifted in the industry.

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Speaker 4: Yeah, overhang lifted, but it was something that investors were anticipating,

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Speaker 4: which might explain why the shot the shares ended up

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Speaker 4: finishing lower. Let's take a look at what happening across

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Speaker 4: fixed income. The treasury yield down across the curve was

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Speaker 4: certainly more so at the shorter end of the curve.

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Speaker 4: The two year now down about three basis points a

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Speaker 4: three point eighty six percent the thirty year, finishing the

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Speaker 4: week below five percent, but remember it did reach about

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Speaker 4: five point oh seven percent on the day that President Trump.

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Speaker 4: There were reports that President Trump was considering firing Jpal,

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Speaker 4: really threatening the independence of the Federal Reserve.

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Speaker 2: The stock Moover's report from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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Speaker 2: making news on Wall Street and for the latest market

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