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 Stenovak, Romain Bostik, and Scarlet Fool.
Speaker 3: All right, let's get to some of the individual gainers
Speaker 3: if I may, in today's session, and I'm going to
Speaker 3: go to Old Dominion Freightline, because this one up as
Speaker 3: much as just shy of six percent at its highs today,
Speaker 3: but finishing with a gain of about three point two percent.
Speaker 3: We did see it among the top gainers in the
Speaker 3: S and P five hundred and NASDAQ one hundred today.
Speaker 3: Female Capital Markets raising the recommendation on the truck and
Speaker 3: company to outperform from market perform, saying the company is
Speaker 3: set to quote deliver upside when the freight cycle turns.
Speaker 3: They did the lower their price target to one seventy
Speaker 3: from one seventy two, So just a slight adjustment there,
Speaker 3: still implying about a twenty six percent increase from Friday's close.
Speaker 3: Before this call, stock is still down roughly nineteen percent
Speaker 3: year to date. Got to talk about Synopsis, right, certainly
Speaker 3: a name that is your top gainer in both the
Speaker 3: S and P five hundred and Nasdaq one hundred, finishing
Speaker 3: the day just shy of a five percent gain. Nvidia
Speaker 3: invested in two billion dollars in Synopsis as part of
Speaker 3: a broader engineering and design tie up, according to the company,
Speaker 3: aiming to infuse its AI computing technology into more industries.
Speaker 3: So this new partnership involving integrating and Vidia's tools into
Speaker 3: Synopsis is chip design applications, and the companies will deploy
Speaker 3: AI agents and work on joint marketing, so that circular
Speaker 3: financing or just circular deals. It seems maybe not necessarily
Speaker 3: this one, because I don't think that Synopsis has to
Speaker 3: buy in Vidia chips. But nonetheless it gets not yet right,
Speaker 3: it gets a little bit cozier, all right. Door Dash
Speaker 3: got to mention real quick three point six percent. It
Speaker 3: was a top gainer in the Nasdaq one hundred. This
Speaker 3: after Alfred Lynn, a managing partner of Sequoia Capital Operations,
Speaker 3: the second largest investor in the delivery company, boosted his
Speaker 3: stake in the firm according to a filing on Friday,
Speaker 3: and legged Plat, I have to just mention Lego and Plat.
Speaker 3: I know that's what you chose up sixteen percent today's session.
Speaker 3: I thought that you would like that. I was assuming
Speaker 3: you might annoy me later.
Speaker 2: What do they do?
Speaker 3: What do they do their betting company? Oh yeah, they
Speaker 3: make well, actually they make their supplier to a betting
Speaker 3: to betting company. So Somni Group International proposed to buy
Speaker 3: one of its biggest suppliers, that being Legged and Plat
Speaker 3: and it's an all stock transaction. So yeah, I'm done.
Speaker 4: Bed ding bet bedding, not betting, bed ding, betting, not like.
Speaker 3: Betting, not like betting at the gambling.
Speaker 4: Okay, it kind of took.
Speaker 3: The wind out of my sales. I really thought you
Speaker 3: were going to like that one.
Speaker 4: Romain, she does it for you, Romance.
Speaker 3: Somni Group temper seely Courchas firm dreams betting businesses.
Speaker 4: Romaine's not saying anything. So I'm gonna go the worst
Speaker 4: performer in the S and B five.
Speaker 3: Just a little wounded.
Speaker 4: Morderna down seven percent. Shares of vaccine makers fell after
Speaker 4: vine persad, a top FDA official, set in Amenmo, the
Speaker 4: agency would place new restrictions on which vaccines hit the market.
Speaker 4: The decision as the potential to curtail which vaccines are
Speaker 4: available in medical groups and public health experts have slammed
Speaker 4: the moves to limit vaccine access, saying they could put
Speaker 4: millions of lives at risk. Once again, Maderna down seven
Speaker 4: percent today. Micro Strategy or strategy rather as it's now
Speaker 4: called mstrs the ticker fell only three point three percent,
Speaker 4: and I say only because it was down as much
Speaker 4: as twelve percent. We saw a little buying late in
Speaker 4: the session watching shares of the company on a day
Speaker 4: when we saw heavy selling. A Bitcoin strategy did come
Speaker 4: out and create a one point four billion dollar reserve
Speaker 4: to fund future dividend and interest payments, which will cover
Speaker 4: at least twenty one months of dividend payments. Remember this
Speaker 4: is originally a software company, and the software business doesn't
Speaker 4: generate enough free cash flow to cover the dividend or
Speaker 4: interest payments, and bitcoin doesn't pay a dividend, so the
Speaker 4: question is where would that money come from the company
Speaker 4: shares lump due to concern then it may be forced
Speaker 4: to sell some of its bitcoin holdings if token prices
Speaker 4: continue to fall. And finally, looking at eight hours of
Speaker 4: Airbus today, the planemaker based in Europe down three point
Speaker 4: two percent. The company did reveal a quality issue on
Speaker 4: some fuselage panels of its A three to twenty jetliner,
Speaker 4: just days after flagging a software glitch on about six
Speaker 4: thousand of the jets. This is the workhorse, this is
Speaker 4: the money maker. It's the competitor to the seven thirty seven.
Speaker 4: George Ferguson over at Bloomberg Intelligence told us that the
Speaker 4: company could have a problem meeting earnings goals as a
Speaker 4: result of these challenges, but doesn't think that anyone's can
Speaker 4: actually get out of the line, which extends just around
Speaker 4: a decade to actually get one of these A three twenties,
Speaker 4: So it doesn't see long term impact.
Speaker 1: Let's check in on treasuries, because we did see the
Speaker 1: entire yield curve shift higher on this Monday afternoon. It
Speaker 1: was largely a function first of all, at that that
Speaker 1: sell off that we saw in Japanese debt because of
Speaker 1: concerns about inflation that then sort of fit into the
Speaker 1: US because of concerns about Trump's rumored pick to lead
Speaker 1: the FED, that raise concerns about inflation, and you saw
Speaker 1: those yields move higher. Also, don't forget you got a
Speaker 1: huge deluge of corporate borrowing. That's crowding out some of
Speaker 1: the money that would normally potentially have gone into treasurers.
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