WEBVTT - SpaceX Down, IBM Gains, Carnival Drops as Forecast Misses Estimates

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio News, The Stock Movers Report,

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<v Speaker 1>your roundup of companies making moves in the stock market,

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<v Speaker 1>harnessing the power of Bloomberg Data. First, take a look

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<v Speaker 1>at some of the stocks on the move today. We

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<v Speaker 1>can do that with Bloomberg's Fitzgerald Jordan.

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<v Speaker 2>What are you looking at? I mean, I think we

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<v Speaker 2>have to start with the elephant in the room over

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<v Speaker 2>the past few weeks and turned straight to SpaceX. SpaceX

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<v Speaker 2>is in the green now opened lower. Initially, we thought

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<v Speaker 2>we were going to have a fourth straight decline for SpaceX,

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<v Speaker 2>even took us below that opening price of one hundred

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<v Speaker 2>and fifty dollars earlier, but that really pulled back. We're

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<v Speaker 2>back in the green. It seems like the market's not

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<v Speaker 2>quite ready for SpaceX to break through that one hundred

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<v Speaker 2>and fifty dollars level, even with all of this bond

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<v Speaker 2>sale news that we've been getting. I also think it's

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<v Speaker 2>important to note that for some SpaceX going lower could

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<v Speaker 2>be beneficial. I've heard some analysts say that if you

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<v Speaker 2>really do want to see a Tesla SpaceX merger, in

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<v Speaker 2>order to make that appealing for Tesla holders, SpaceX is

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<v Speaker 2>going to have to take some of that premium off.

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<v Speaker 1>All right, well, great context there, especially as we look

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<v Speaker 1>for any kind of news on that front. All right,

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<v Speaker 1>let's take a look at another stock on your list.

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<v Speaker 2>While we're in tech. Let's turn to IBM. IBM is

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<v Speaker 2>a bit of an oasis in this big route in

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<v Speaker 2>tech stocks today. The whole quantum space is up after

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<v Speaker 2>some executive orders from Trump yesterday. Important to note IBM CEO,

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<v Speaker 2>was there any White House with Trump? And IBM is

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<v Speaker 2>investing billions of dollars to advance their leadership in the

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<v Speaker 2>quantum space over the next five years, and so is

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<v Speaker 2>really it really stands to benefit from any sort of

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<v Speaker 2>support from White House. We also got a price target

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<v Speaker 2>boost on that stock from Morgan Stanley. Okay, and final

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<v Speaker 2>stock earnings. Who could forget earnings. We've got Carnival cruise

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<v Speaker 2>line down as much as ten point six percent today

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<v Speaker 2>after reporting results before the bell. Third quarter EPs forecast

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<v Speaker 2>did disappoint analysts, and you know, we we have had

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<v Speaker 2>a bit of a tough year for the creuse sector already,

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<v Speaker 2>you know, with the wern Iran and everything going on

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<v Speaker 2>with fuel prices. The cruise stocks have kind of gotten

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<v Speaker 2>hit over and over and over. In today's no exception,

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<v Speaker 2>we did see Norwegian Royal and Viking all lower following

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<v Speaker 2>these numbers from Carnival.

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