Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: This is the closing bell on this stock mover's report,
Speaker 2: the company's making moves at the close of US trading
Speaker 2: with Carol Masser, Tim Stenebeck, Romaine Bostik, and Scarlet Foo.
Speaker 3: All right, I'm going to go there. They got twenty
Speaker 3: names in the today's session, all right, in the S
Speaker 3: and P two hundred and ninety six names gaining ground
Speaker 3: two hundred and five to the down.
Speaker 4: Now, if Katie's circle is the dow, can.
Speaker 1: You imagine if the producer said that to me. No,
Speaker 1: I don't think Finley would. Let's take a look at
Speaker 1: the circle which shows the sectors in the S and
Speaker 1: P five hundred, the standards and poors five hundred. You
Speaker 1: can see that big tech there represented. That is one
Speaker 1: of your best gainers on the day. Healthcare also having
Speaker 1: a big day, So too did financial As I mentioned
Speaker 1: Goldman being hired today. In terms of what didn't perform,
Speaker 1: Energy is one of your biggest losers on the day,
Speaker 1: so too as communications services that includes Amazon, almost an
Speaker 1: even split. Of course, there's only eleven sectors, six of
Speaker 1: them though in the green and five in the red.
Speaker 3: Carol, all right, folks, as we wait earnings, AMD your
Speaker 3: top gainer in the s and P five hundred and
Speaker 3: the Nasdaq one hundred, a gain of nine percent. In
Speaker 3: today's session, the company projected accelerating sales growth of the
Speaker 3: next five years, driven by strong demand for its data
Speaker 3: center products. Remember they had a meeting yesterday and the
Speaker 3: CEO making some comments, she said the total AI chip
Speaker 3: market will reach one trillion dollars by twenty thirty. So
Speaker 3: again that's stock definitely an outperformer. All of the airlines.
Speaker 3: Check it out, folks. Among your top gainers in the
Speaker 3: s and P five hundred, you have United up five percent.
Speaker 3: You have Delta up four point seven percent, sky West
Speaker 3: after that four percent? What's the matter of Delta? Yeah,
Speaker 3: I know you did what happened? Did all right? Anyway?
Speaker 3: Expectations hope for the government opening. That is given some
Speaker 3: life to all of the air traffic controllers. Maybe some
Speaker 3: of that will ease. Transportation Secretary Sean Duffy said today
Speaker 3: that the administration aims to start lifting flight curbs within
Speaker 3: a week after the government reopened, so a time frame
Speaker 3: that comes just ahead of that very busy and important
Speaker 3: Thanksgiving a holiday.
Speaker 4: Ce were you had an airport recently or something romain
Speaker 4: it was sadly Okay, I think I spent more time
Speaker 4: at the airport this weekend than within my family.
Speaker 3: Okay, real quickly, Cisco good of report earnings any moment.
Speaker 3: That stock, as Katie mentioned earlier now performing today's session,
Speaker 3: will remain and mentioned. So we're looking for that ai
Speaker 3: AI payoff because the stock is getting very close near
Speaker 3: its all time high. Stock up three percent today.
Speaker 4: All right, Carol, what the gainers? I got the decliners?
Speaker 4: I want to start with Circle Internet Group down twelve
Speaker 4: point two percent today. The stable coin issuer fell As
Speaker 4: concerned that declining interest rates will weigh on future returns,
Speaker 4: overshadowed better than expected third quarter revenue and earnings. We
Speaker 4: did speak to Jeremy Alaiir a little earlier on Bloomberg
Speaker 4: Markets and made the point that growth in the stable
Speaker 4: point industry, that more people adopting these will offset some
Speaker 4: of the declining rates that they're declining revenue that they're
Speaker 4: getting from rates coming down still, though, analysts and investors
Speaker 4: questioning what happens moving forward in a declining rate environment.
Speaker 4: Revenue did increase to seven hundred and forty million dollars
Speaker 4: that came in above the average analyst estimate. Also, shares
Speaker 4: a Paramounts guid Dance fell today by seven percent. They
Speaker 4: were up close to ten percent yesterday after earnings took
Speaker 4: a bit of a hit today. No fundamental news, but
Speaker 4: we did see shares move even lower than they were
Speaker 4: earlier in the session after Democratic representatives Jamie Raskin and
Speaker 4: Frank Polone Junior wrote to Paramounts Guidance CEO David Ellison
Speaker 4: asking him that the company can ply with an investigation
Speaker 4: into the Paramount Skydance merger. And finally, Blackrock Coffee with
Speaker 4: its first post IPO earnings report. Oh, I don't know,
Speaker 4: Larry think was branching out. That's funny. Two where it's
Speaker 4: not one word. Okay, okay, black right, two words.
Speaker 3: They have not been sued yet.
Speaker 4: I haven't seen the news there. Down five percent today.
Speaker 4: Blackrock Coffee bar this after the company reported its first
Speaker 4: quarter earnings report, it's first one since the IPO back
Speaker 4: in September. It opened eleven news stores in the third
Speaker 4: quarter of the year, total revenue up twenty four percent
Speaker 4: compared to the prior period. Shares up around fifteen percent
Speaker 4: since that IPO, but off seventeen percent from those all
Speaker 4: time highs.
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