WEBVTT - Closing Bell: Delta Rises, AMD Surges, Paramount Skydance Drops

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news.

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<v Speaker 2>This is the closing bell on this stock mover's report,

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<v Speaker 2>the company's making moves at the close of US trading

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<v Speaker 2>with Carol Masser, Tim Stenebeck, Romaine Bostik, and Scarlet Foo.

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<v Speaker 3>All right, I'm going to go there. They got twenty

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<v Speaker 3>names in the today's session, all right, in the S

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<v Speaker 3>and P two hundred and ninety six names gaining ground

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<v Speaker 3>two hundred and five to the down.

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<v Speaker 4>Now, if Katie's circle is the dow, can.

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<v Speaker 1>You imagine if the producer said that to me. No,

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<v Speaker 1>I don't think Finley would. Let's take a look at

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<v Speaker 1>the circle which shows the sectors in the S and

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<v Speaker 1>P five hundred, the standards and poors five hundred. You

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<v Speaker 1>can see that big tech there represented. That is one

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<v Speaker 1>of your best gainers on the day. Healthcare also having

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<v Speaker 1>a big day, So too did financial As I mentioned

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<v Speaker 1>Goldman being hired today. In terms of what didn't perform,

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<v Speaker 1>Energy is one of your biggest losers on the day,

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<v Speaker 1>so too as communications services that includes Amazon, almost an

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<v Speaker 1>even split. Of course, there's only eleven sectors, six of

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<v Speaker 1>them though in the green and five in the red.

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<v Speaker 3>Carol, all right, folks, as we wait earnings, AMD your

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<v Speaker 3>top gainer in the s and P five hundred and

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<v Speaker 3>the Nasdaq one hundred, a gain of nine percent. In

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<v Speaker 3>today's session, the company projected accelerating sales growth of the

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<v Speaker 3>next five years, driven by strong demand for its data

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<v Speaker 3>center products. Remember they had a meeting yesterday and the

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<v Speaker 3>CEO making some comments, she said the total AI chip

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<v Speaker 3>market will reach one trillion dollars by twenty thirty. So

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<v Speaker 3>again that's stock definitely an outperformer. All of the airlines.

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<v Speaker 3>Check it out, folks. Among your top gainers in the

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<v Speaker 3>s and P five hundred, you have United up five percent.

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<v Speaker 3>You have Delta up four point seven percent, sky West

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<v Speaker 3>after that four percent? What's the matter of Delta? Yeah,

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<v Speaker 3>I know you did what happened? Did all right? Anyway?

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<v Speaker 3>Expectations hope for the government opening. That is given some

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<v Speaker 3>life to all of the air traffic controllers. Maybe some

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<v Speaker 3>of that will ease. Transportation Secretary Sean Duffy said today

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<v Speaker 3>that the administration aims to start lifting flight curbs within

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<v Speaker 3>a week after the government reopened, so a time frame

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<v Speaker 3>that comes just ahead of that very busy and important

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<v Speaker 3>Thanksgiving a holiday.

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<v Speaker 4>Ce were you had an airport recently or something romain

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<v Speaker 4>it was sadly Okay, I think I spent more time

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<v Speaker 4>at the airport this weekend than within my family.

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<v Speaker 3>Okay, real quickly, Cisco good of report earnings any moment.

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<v Speaker 3>That stock, as Katie mentioned earlier now performing today's session,

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<v Speaker 3>will remain and mentioned. So we're looking for that ai

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<v Speaker 3>AI payoff because the stock is getting very close near

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<v Speaker 3>its all time high. Stock up three percent today.

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<v Speaker 4>All right, Carol, what the gainers? I got the decliners?

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<v Speaker 4>I want to start with Circle Internet Group down twelve

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<v Speaker 4>point two percent today. The stable coin issuer fell As

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<v Speaker 4>concerned that declining interest rates will weigh on future returns,

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<v Speaker 4>overshadowed better than expected third quarter revenue and earnings. We

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<v Speaker 4>did speak to Jeremy Alaiir a little earlier on Bloomberg

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<v Speaker 4>Markets and made the point that growth in the stable

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<v Speaker 4>point industry, that more people adopting these will offset some

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<v Speaker 4>of the declining rates that they're declining revenue that they're

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<v Speaker 4>getting from rates coming down still, though, analysts and investors

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<v Speaker 4>questioning what happens moving forward in a declining rate environment.

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<v Speaker 4>Revenue did increase to seven hundred and forty million dollars

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<v Speaker 4>that came in above the average analyst estimate. Also, shares

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<v Speaker 4>a Paramounts guid Dance fell today by seven percent. They

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<v Speaker 4>were up close to ten percent yesterday after earnings took

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<v Speaker 4>a bit of a hit today. No fundamental news, but

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<v Speaker 4>we did see shares move even lower than they were

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<v Speaker 4>earlier in the session after Democratic representatives Jamie Raskin and

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<v Speaker 4>Frank Polone Junior wrote to Paramounts Guidance CEO David Ellison

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<v Speaker 4>asking him that the company can ply with an investigation

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<v Speaker 4>into the Paramount Skydance merger. And finally, Blackrock Coffee with

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<v Speaker 4>its first post IPO earnings report. Oh, I don't know,

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<v Speaker 4>Larry think was branching out. That's funny. Two where it's

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<v Speaker 4>not one word. Okay, okay, black right, two words.

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<v Speaker 3>They have not been sued yet.

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<v Speaker 4>I haven't seen the news there. Down five percent today.

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<v Speaker 4>Blackrock Coffee bar this after the company reported its first

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<v Speaker 4>quarter earnings report, it's first one since the IPO back

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<v Speaker 4>in September. It opened eleven news stores in the third

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<v Speaker 4>quarter of the year, total revenue up twenty four percent

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<v Speaker 4>compared to the prior period. Shares up around fifteen percent

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<v Speaker 4>since that IPO, but off seventeen percent from those all

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<v Speaker 4>time highs.

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