1 00:00:02,520 --> 00:00:09,680 Speaker 1: Bloomberg Audio Studios, Podcasts, radio News. 2 00:00:09,880 --> 00:00:13,320 Speaker 2: This is the closing bell on this stock mover's report 3 00:00:13,560 --> 00:00:16,520 Speaker 2: the company's making moves at the close of US trading 4 00:00:16,760 --> 00:00:21,319 Speaker 2: with Carol Masser, Tim Stenovak, Romain Bostik, and Scarlet Fool. 5 00:00:22,040 --> 00:00:24,439 Speaker 3: All right, let's get to some of the individual gainers 6 00:00:24,480 --> 00:00:26,720 Speaker 3: if I may, in today's session, and I'm going to 7 00:00:26,760 --> 00:00:30,400 Speaker 3: go to Old Dominion Freightline, because this one up as 8 00:00:30,440 --> 00:00:33,040 Speaker 3: much as just shy of six percent at its highs today, 9 00:00:33,080 --> 00:00:35,280 Speaker 3: but finishing with a gain of about three point two percent. 10 00:00:35,600 --> 00:00:39,120 Speaker 3: We did see it among the top gainers in the 11 00:00:39,200 --> 00:00:41,320 Speaker 3: S and P five hundred and NASDAQ one hundred today. 12 00:00:41,479 --> 00:00:44,000 Speaker 3: Female Capital Markets raising the recommendation on the truck and 13 00:00:44,040 --> 00:00:47,120 Speaker 3: company to outperform from market perform, saying the company is 14 00:00:47,159 --> 00:00:50,240 Speaker 3: set to quote deliver upside when the freight cycle turns. 15 00:00:50,560 --> 00:00:52,880 Speaker 3: They did the lower their price target to one seventy 16 00:00:52,880 --> 00:00:55,160 Speaker 3: from one seventy two, So just a slight adjustment there, 17 00:00:55,360 --> 00:00:58,840 Speaker 3: still implying about a twenty six percent increase from Friday's close. 18 00:00:58,960 --> 00:01:01,920 Speaker 3: Before this call, stock is still down roughly nineteen percent 19 00:01:02,000 --> 00:01:05,160 Speaker 3: year to date. Got to talk about Synopsis, right, certainly 20 00:01:05,600 --> 00:01:07,920 Speaker 3: a name that is your top gainer in both the 21 00:01:08,000 --> 00:01:10,640 Speaker 3: S and P five hundred and Nasdaq one hundred, finishing 22 00:01:10,640 --> 00:01:13,759 Speaker 3: the day just shy of a five percent gain. Nvidia 23 00:01:14,240 --> 00:01:17,039 Speaker 3: invested in two billion dollars in Synopsis as part of 24 00:01:17,040 --> 00:01:20,720 Speaker 3: a broader engineering and design tie up, according to the company, 25 00:01:20,840 --> 00:01:24,520 Speaker 3: aiming to infuse its AI computing technology into more industries. 26 00:01:24,600 --> 00:01:28,480 Speaker 3: So this new partnership involving integrating and Vidia's tools into 27 00:01:28,480 --> 00:01:31,880 Speaker 3: Synopsis is chip design applications, and the companies will deploy 28 00:01:31,920 --> 00:01:35,280 Speaker 3: AI agents and work on joint marketing, so that circular 29 00:01:35,400 --> 00:01:38,920 Speaker 3: financing or just circular deals. It seems maybe not necessarily 30 00:01:38,959 --> 00:01:41,080 Speaker 3: this one, because I don't think that Synopsis has to 31 00:01:41,080 --> 00:01:44,759 Speaker 3: buy in Vidia chips. But nonetheless it gets not yet right, 32 00:01:44,840 --> 00:01:47,840 Speaker 3: it gets a little bit cozier, all right. Door Dash 33 00:01:47,920 --> 00:01:50,040 Speaker 3: got to mention real quick three point six percent. It 34 00:01:50,080 --> 00:01:53,120 Speaker 3: was a top gainer in the Nasdaq one hundred. This 35 00:01:53,720 --> 00:01:57,280 Speaker 3: after Alfred Lynn, a managing partner of Sequoia Capital Operations, 36 00:01:57,320 --> 00:02:00,000 Speaker 3: the second largest investor in the delivery company, boosted his 37 00:02:00,040 --> 00:02:02,600 Speaker 3: stake in the firm according to a filing on Friday, 38 00:02:02,640 --> 00:02:05,720 Speaker 3: and legged Plat, I have to just mention Lego and Plat. 39 00:02:06,080 --> 00:02:10,680 Speaker 3: I know that's what you chose up sixteen percent today's session. 40 00:02:10,720 --> 00:02:13,200 Speaker 3: I thought that you would like that. I was assuming 41 00:02:13,240 --> 00:02:14,399 Speaker 3: you might annoy me later. 42 00:02:14,440 --> 00:02:14,960 Speaker 2: What do they do? 43 00:02:15,720 --> 00:02:18,680 Speaker 3: What do they do their betting company? Oh yeah, they 44 00:02:18,680 --> 00:02:22,480 Speaker 3: make well, actually they make their supplier to a betting 45 00:02:22,600 --> 00:02:26,280 Speaker 3: to betting company. So Somni Group International proposed to buy 46 00:02:26,360 --> 00:02:29,080 Speaker 3: one of its biggest suppliers, that being Legged and Plat 47 00:02:30,200 --> 00:02:35,519 Speaker 3: and it's an all stock transaction. So yeah, I'm done. 48 00:02:35,760 --> 00:02:39,760 Speaker 4: Bed ding bet bedding, not betting, bed ding, betting, not like. 49 00:02:39,720 --> 00:02:41,280 Speaker 3: Betting, not like betting at the gambling. 50 00:02:41,360 --> 00:02:43,239 Speaker 4: Okay, it kind of took. 51 00:02:43,120 --> 00:02:44,760 Speaker 3: The wind out of my sales. I really thought you 52 00:02:44,760 --> 00:02:45,519 Speaker 3: were going to like that one. 53 00:02:45,600 --> 00:02:47,720 Speaker 4: Romain, she does it for you, Romance. 54 00:02:47,480 --> 00:02:52,000 Speaker 3: Somni Group temper seely Courchas firm dreams betting businesses. 55 00:02:52,960 --> 00:02:56,640 Speaker 4: Romaine's not saying anything. So I'm gonna go the worst 56 00:02:56,639 --> 00:02:57,840 Speaker 4: performer in the S and B five. 57 00:02:58,080 --> 00:02:58,840 Speaker 3: Just a little wounded. 58 00:02:58,919 --> 00:03:03,120 Speaker 4: Morderna down seven percent. Shares of vaccine makers fell after 59 00:03:03,560 --> 00:03:05,960 Speaker 4: vine persad, a top FDA official, set in Amenmo, the 60 00:03:05,960 --> 00:03:09,840 Speaker 4: agency would place new restrictions on which vaccines hit the market. 61 00:03:10,080 --> 00:03:12,320 Speaker 4: The decision as the potential to curtail which vaccines are 62 00:03:12,320 --> 00:03:14,840 Speaker 4: available in medical groups and public health experts have slammed 63 00:03:14,840 --> 00:03:17,000 Speaker 4: the moves to limit vaccine access, saying they could put 64 00:03:17,040 --> 00:03:20,800 Speaker 4: millions of lives at risk. Once again, Maderna down seven 65 00:03:20,840 --> 00:03:24,799 Speaker 4: percent today. Micro Strategy or strategy rather as it's now 66 00:03:24,840 --> 00:03:28,720 Speaker 4: called mstrs the ticker fell only three point three percent, 67 00:03:28,760 --> 00:03:30,520 Speaker 4: and I say only because it was down as much 68 00:03:30,560 --> 00:03:32,560 Speaker 4: as twelve percent. We saw a little buying late in 69 00:03:32,600 --> 00:03:35,960 Speaker 4: the session watching shares of the company on a day 70 00:03:36,000 --> 00:03:39,000 Speaker 4: when we saw heavy selling. A Bitcoin strategy did come 71 00:03:39,040 --> 00:03:41,000 Speaker 4: out and create a one point four billion dollar reserve 72 00:03:41,080 --> 00:03:43,920 Speaker 4: to fund future dividend and interest payments, which will cover 73 00:03:43,920 --> 00:03:46,960 Speaker 4: at least twenty one months of dividend payments. Remember this 74 00:03:47,000 --> 00:03:51,120 Speaker 4: is originally a software company, and the software business doesn't 75 00:03:51,160 --> 00:03:53,880 Speaker 4: generate enough free cash flow to cover the dividend or 76 00:03:53,880 --> 00:03:57,000 Speaker 4: interest payments, and bitcoin doesn't pay a dividend, so the 77 00:03:57,080 --> 00:03:59,600 Speaker 4: question is where would that money come from the company 78 00:03:59,680 --> 00:04:01,480 Speaker 4: shares lump due to concern then it may be forced 79 00:04:01,480 --> 00:04:04,040 Speaker 4: to sell some of its bitcoin holdings if token prices 80 00:04:04,360 --> 00:04:07,080 Speaker 4: continue to fall. And finally, looking at eight hours of 81 00:04:07,240 --> 00:04:10,360 Speaker 4: Airbus today, the planemaker based in Europe down three point 82 00:04:10,400 --> 00:04:13,760 Speaker 4: two percent. The company did reveal a quality issue on 83 00:04:13,800 --> 00:04:16,560 Speaker 4: some fuselage panels of its A three to twenty jetliner, 84 00:04:16,960 --> 00:04:19,320 Speaker 4: just days after flagging a software glitch on about six 85 00:04:19,400 --> 00:04:21,600 Speaker 4: thousand of the jets. This is the workhorse, this is 86 00:04:21,640 --> 00:04:24,680 Speaker 4: the money maker. It's the competitor to the seven thirty seven. 87 00:04:24,720 --> 00:04:27,440 Speaker 4: George Ferguson over at Bloomberg Intelligence told us that the 88 00:04:27,480 --> 00:04:30,240 Speaker 4: company could have a problem meeting earnings goals as a 89 00:04:30,279 --> 00:04:32,839 Speaker 4: result of these challenges, but doesn't think that anyone's can 90 00:04:32,960 --> 00:04:36,359 Speaker 4: actually get out of the line, which extends just around 91 00:04:36,400 --> 00:04:39,599 Speaker 4: a decade to actually get one of these A three twenties, 92 00:04:39,680 --> 00:04:41,360 Speaker 4: So it doesn't see long term impact. 93 00:04:41,480 --> 00:04:43,360 Speaker 1: Let's check in on treasuries, because we did see the 94 00:04:43,560 --> 00:04:47,360 Speaker 1: entire yield curve shift higher on this Monday afternoon. It 95 00:04:47,400 --> 00:04:49,680 Speaker 1: was largely a function first of all, at that that 96 00:04:49,760 --> 00:04:52,279 Speaker 1: sell off that we saw in Japanese debt because of 97 00:04:52,279 --> 00:04:54,680 Speaker 1: concerns about inflation that then sort of fit into the 98 00:04:54,839 --> 00:04:58,320 Speaker 1: US because of concerns about Trump's rumored pick to lead 99 00:04:58,320 --> 00:05:01,719 Speaker 1: the FED, that raise concerns about inflation, and you saw 100 00:05:01,720 --> 00:05:04,040 Speaker 1: those yields move higher. Also, don't forget you got a 101 00:05:04,120 --> 00:05:07,800 Speaker 1: huge deluge of corporate borrowing. That's crowding out some of 102 00:05:07,839 --> 00:05:10,960 Speaker 1: the money that would normally potentially have gone into treasurers. 103 00:05:12,160 --> 00:05:16,200 Speaker 2: This stock mover's report from Bloomberg Radio. 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