1 00:00:02,480 --> 00:00:07,000 Speaker 1: Bloomberg Audio Studios, podcasts, radio News. 2 00:00:10,039 --> 00:00:13,520 Speaker 2: This is the closing bell on the stock Mover's report 3 00:00:13,760 --> 00:00:16,680 Speaker 2: the companies making moves at the close of US trading 4 00:00:16,880 --> 00:00:21,360 Speaker 2: with Carol Masser, Tim Stenebeck, Romain Bostik, and Katie Greifel. 5 00:00:22,480 --> 00:00:25,120 Speaker 3: All right, guys, let's go to some of the individual gainers. 6 00:00:25,280 --> 00:00:28,720 Speaker 3: I want to go to Palanteer. That was definitely one 7 00:00:28,760 --> 00:00:31,440 Speaker 3: of the outperformers here, was up as much as two 8 00:00:31,480 --> 00:00:34,279 Speaker 3: point eight percent intraday, finishing the day with a game 9 00:00:34,320 --> 00:00:37,120 Speaker 3: of about one and a quarter percent. The company out 10 00:00:37,159 --> 00:00:39,240 Speaker 3: saying it may turn to other AI models amid the 11 00:00:39,240 --> 00:00:43,879 Speaker 3: spat between Anthropic and the Pentagon, So their CEO on 12 00:00:44,159 --> 00:00:47,440 Speaker 3: CNBC saying, our products are integrated with Anthropic and in 13 00:00:47,479 --> 00:00:50,760 Speaker 3: the future will probably be integrated with other large language models. 14 00:00:50,840 --> 00:00:53,120 Speaker 3: So that's kind of going on as we know the 15 00:00:53,120 --> 00:00:55,520 Speaker 3: government has pushedback on Anthropic. I also want to point 16 00:00:55,520 --> 00:00:58,920 Speaker 3: out that the company did unveil a software pack with 17 00:00:59,080 --> 00:01:02,240 Speaker 3: Nvidia a de fence partnerships to at an AI conference 18 00:01:02,800 --> 00:01:05,040 Speaker 3: with a bunch of players in the space, including something 19 00:01:05,040 --> 00:01:08,640 Speaker 3: like Gage Aerospace and a few others. So whether or 20 00:01:08,680 --> 00:01:12,240 Speaker 3: not that was fundamentally why we're seeing the stock move up. 21 00:01:13,080 --> 00:01:16,880 Speaker 3: Not quite sure, but it definitely wasn an outperformer. Investors 22 00:01:17,080 --> 00:01:19,800 Speaker 3: swiping right on bumbled today. I know that's really bad, 23 00:01:19,840 --> 00:01:21,399 Speaker 3: but I just wondered I was going to go there. 24 00:01:22,040 --> 00:01:24,360 Speaker 3: Stock was up as much as forty nine percent intra day, 25 00:01:24,400 --> 00:01:28,080 Speaker 3: finishing with a game of about thirty four percent. Three 26 00:01:28,120 --> 00:01:30,639 Speaker 3: dollars and eighty one cents is where the stock closed today, 27 00:01:30,720 --> 00:01:34,000 Speaker 3: surging biggest jump intra day since February of twenty twenty one, 28 00:01:34,600 --> 00:01:37,240 Speaker 3: the online dating company. They did forecast even up for 29 00:01:37,280 --> 00:01:40,560 Speaker 3: the first quarter that beat the average analyst estimate. JP 30 00:01:40,680 --> 00:01:43,759 Speaker 3: Morgan upgrade the stock to neutral, while analysts broadly noted 31 00:01:43,760 --> 00:01:47,160 Speaker 3: that the focus now shifts to upcoming product overhaul plan 32 00:01:47,280 --> 00:01:49,880 Speaker 3: for later in the year. So Morgan Stanley also coming 33 00:01:49,920 --> 00:01:53,640 Speaker 3: out say the company's financial starting to stabilize well. LightWave 34 00:01:53,800 --> 00:01:57,920 Speaker 3: Logic ticker is LWLG. That one up about forty one 35 00:01:57,960 --> 00:02:01,800 Speaker 3: percent here now about one billion dollar market cap. Company 36 00:02:01,840 --> 00:02:06,760 Speaker 3: announced development agreement with Tower Semiconductor to enable leading high 37 00:02:06,760 --> 00:02:09,800 Speaker 3: speed optical modulators. Stock is at more than one hundred 38 00:02:09,800 --> 00:02:13,040 Speaker 3: percent year to date. Yeah. I don't know if you know, 39 00:02:13,080 --> 00:02:17,480 Speaker 3: but they develop proprietary electro optic polymers and polymer photonic 40 00:02:17,760 --> 00:02:18,840 Speaker 3: integrated circuit. 41 00:02:18,880 --> 00:02:21,200 Speaker 1: Well fascinating. Yeah, I minded, I didn't. 42 00:02:21,680 --> 00:02:24,800 Speaker 3: It has to do with faster transmission for Internet infrastructure, 43 00:02:24,919 --> 00:02:26,440 Speaker 3: data centers and AI application. 44 00:02:26,480 --> 00:02:28,399 Speaker 1: Yeah, I do find out a couple of honorable mentions. Yes, 45 00:02:28,520 --> 00:02:30,280 Speaker 1: just so, given the bigest move that we saw in 46 00:02:30,280 --> 00:02:33,480 Speaker 1: a lot of the chemical companies and the fertilizer company 47 00:02:33,560 --> 00:02:36,320 Speaker 1: CF Industries closing out a record high today, having best 48 00:02:36,400 --> 00:02:38,359 Speaker 1: day of going back to twenty twenty, and it was 49 00:02:38,440 --> 00:02:40,920 Speaker 1: all those names mosaic and nutrient and others. And this 50 00:02:40,960 --> 00:02:43,440 Speaker 1: has real potential economic impacts because of course we are 51 00:02:43,919 --> 00:02:46,280 Speaker 1: right at the start of the spring planting season here 52 00:02:46,360 --> 00:02:49,320 Speaker 1: at least in North America, so not having the fertilizer 53 00:02:49,360 --> 00:02:52,000 Speaker 1: supplies within the next couple of weeks could actually have 54 00:02:52,120 --> 00:02:53,400 Speaker 1: material impact. 55 00:02:53,440 --> 00:02:55,200 Speaker 3: I think I did CF yesterday. 56 00:02:55,560 --> 00:02:56,680 Speaker 1: Yeah, today's a new daker. 57 00:02:57,400 --> 00:03:00,000 Speaker 4: Okay, I'm going to jump in here and talk about 58 00:03:00,080 --> 00:03:01,960 Speaker 4: some of the stocks that move lower on the day today. 59 00:03:01,960 --> 00:03:04,480 Speaker 4: I want to start with just the entire mag seven. 60 00:03:04,520 --> 00:03:06,840 Speaker 4: It's actually down more than nine percent. Going back to 61 00:03:06,880 --> 00:03:10,520 Speaker 4: those October highs. We had Tesla fall by more than 62 00:03:10,560 --> 00:03:13,639 Speaker 4: three percent, Apple fall by two percent, Meta platforms down 63 00:03:13,680 --> 00:03:16,600 Speaker 4: today by two point six percent. Every single name in 64 00:03:16,639 --> 00:03:20,080 Speaker 4: the mag seven was lower on the day today. Speaking 65 00:03:20,120 --> 00:03:23,720 Speaker 4: of every name lower, let's go to airlines, because airlines 66 00:03:23,720 --> 00:03:25,920 Speaker 4: were all lower today. This is the S and P 67 00:03:26,800 --> 00:03:30,480 Speaker 4: fifteen hundred composite index of airlines down four point three 68 00:03:30,560 --> 00:03:33,120 Speaker 4: percent today. You had Southwest down more than seven point 69 00:03:33,160 --> 00:03:36,920 Speaker 4: seven United Airlines down four point six percent, Delta down 70 00:03:37,000 --> 00:03:40,600 Speaker 4: two percent, American down four and a half percent. We 71 00:03:40,680 --> 00:03:44,440 Speaker 4: know jet fuel prices are going up, could be going up. 72 00:03:44,480 --> 00:03:47,240 Speaker 4: That's a big expense for these companies. Then you have 73 00:03:47,400 --> 00:03:49,480 Speaker 4: the cost of plane tickets that could jump as much 74 00:03:49,520 --> 00:03:52,360 Speaker 4: as nine percent as oil price is sore. This according 75 00:03:52,360 --> 00:03:55,440 Speaker 4: to Willie Walsh, the Director General of the International Air 76 00:03:55,480 --> 00:03:58,640 Speaker 4: Transport Association, every name in that index lower on the 77 00:03:58,720 --> 00:04:01,560 Speaker 4: day today, and then flip on over to Dollar General. 78 00:04:01,680 --> 00:04:03,840 Speaker 4: Those shares under pressure today, having the worst day going 79 00:04:03,880 --> 00:04:06,520 Speaker 4: back to August now more than six percent. The company 80 00:04:06,640 --> 00:04:09,640 Speaker 4: did give an underwhelming annual and long term forecast. The 81 00:04:09,640 --> 00:04:13,200 Speaker 4: outlook is conservative, according to Jen Bartashis, our analysts for 82 00:04:13,200 --> 00:04:16,760 Speaker 4: Bloomberg Intelligence. Yesterday's close though through yesterday's clothes it was 83 00:04:16,839 --> 00:04:18,679 Speaker 4: up as much as nine point one percent. In Romain 84 00:04:18,760 --> 00:04:20,880 Speaker 4: it was up eighty percent. Last year, so a little 85 00:04:20,880 --> 00:04:21,640 Speaker 4: bit of selling today. 86 00:04:23,040 --> 00:04:27,080 Speaker 2: This Stock Movers report from Bloomberg Radio. Check back with 87 00:04:27,160 --> 00:04:29,720 Speaker 2: us throughout the day for the latest roundup of companies 88 00:04:29,800 --> 00:04:32,880 Speaker 2: making news on Wall Street and for the latest market 89 00:04:32,920 --> 00:04:37,359 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 90 00:04:37,480 --> 00:04:41,000 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 91 00:04:41,040 --> 00:04:42,560 Speaker 2: the Bloomberg Business app.