1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:16,280 Speaker 2: in the stock market, harnessing the power of Bloomberg data. 4 00:00:16,640 --> 00:00:18,320 Speaker 2: Let's take a look at stocks on the moves. 5 00:00:18,520 --> 00:00:21,120 Speaker 1: You can do that today with Bloomberg's AVALONP or now 6 00:00:21,160 --> 00:00:22,200 Speaker 1: at AVLM. What are you looking at? 7 00:00:22,400 --> 00:00:25,079 Speaker 3: Yeah, we could start off with Armholdings. That's ticker ARM 8 00:00:25,239 --> 00:00:28,800 Speaker 3: gaining about seventeen percent most inter day since last April. 9 00:00:29,040 --> 00:00:31,840 Speaker 3: That's after the semiconductor devices firms said it will begin 10 00:00:31,920 --> 00:00:34,000 Speaker 3: to sell its own chips for the first time in 11 00:00:34,040 --> 00:00:37,160 Speaker 3: a bid for AAI sales. Metow will be the first 12 00:00:37,200 --> 00:00:39,800 Speaker 3: major customer and the chips will be produced by Taiwan 13 00:00:39,840 --> 00:00:42,879 Speaker 3: Semiconductor Manufacturing. What I found to be really interesting is 14 00:00:42,880 --> 00:00:45,479 Speaker 3: that ARM expects annual sales from the new chip business 15 00:00:45,520 --> 00:00:48,879 Speaker 3: to be about fifteen billion dollars within five years. 16 00:00:48,880 --> 00:00:50,960 Speaker 1: Interesting, that's a big business. And then numbers they keep 17 00:00:51,000 --> 00:00:52,960 Speaker 1: throwing around are just greazy. I know, I know, Well 18 00:00:53,000 --> 00:00:55,240 Speaker 1: anything with has to do with chips and AI, right, 19 00:00:55,240 --> 00:00:57,600 Speaker 1: all Right, a number that we've been throwing around for 20 00:00:57,680 --> 00:01:00,160 Speaker 1: chuwius sixty dollars because that's what I just paid that 21 00:01:00,200 --> 00:01:02,760 Speaker 1: company for the latest tranche of dog. 22 00:01:02,560 --> 00:01:07,080 Speaker 3: Food Yes Chewy ticker c HWY, rising about sixteen percent 23 00:01:07,160 --> 00:01:09,039 Speaker 3: right now for its biggest inter day leap since twenty 24 00:01:09,080 --> 00:01:11,880 Speaker 3: twenty four. That's after the pet products retailer gave a 25 00:01:11,920 --> 00:01:14,520 Speaker 3: net sales outlook for the fiscal year twenty twenty seven 26 00:01:14,760 --> 00:01:17,680 Speaker 3: that beat expectations. City Is writing in a note that 27 00:01:17,760 --> 00:01:21,520 Speaker 3: given significant weakness and Chewy shares, this print should support 28 00:01:21,560 --> 00:01:24,280 Speaker 3: the stock. That fundamentals are still healthy at Chewy, even 29 00:01:24,280 --> 00:01:26,160 Speaker 3: if some people were concerned previously. 30 00:01:28,080 --> 00:01:29,920 Speaker 1: That's a big MARKETU. 31 00:01:30,240 --> 00:01:33,040 Speaker 2: Yeah, because it's it's dog food, the toys. 32 00:01:33,240 --> 00:01:36,319 Speaker 1: The whole nine years, more families in America have pets 33 00:01:36,319 --> 00:01:39,280 Speaker 1: than they have children. Really, Yes to your dogs? 34 00:01:40,480 --> 00:01:41,039 Speaker 2: Your dog? 35 00:01:41,080 --> 00:01:43,720 Speaker 3: One dog, one dog freak out when he sees the 36 00:01:43,760 --> 00:01:47,440 Speaker 3: Chewi package arrive or she no, she sniffs. 37 00:01:47,040 --> 00:01:49,000 Speaker 1: It and then she kind of goes back to her kennel. 38 00:01:49,160 --> 00:01:51,040 Speaker 3: What are you thinking? What are you getting like food 39 00:01:51,320 --> 00:01:52,000 Speaker 3: or plate toys? 40 00:01:52,080 --> 00:01:52,160 Speaker 2: No? 41 00:01:52,360 --> 00:01:55,720 Speaker 1: Just food. I get all my stuff generally from Tgmax 42 00:01:55,760 --> 00:01:58,360 Speaker 1: or Marshalls because it's a better price point. But food 43 00:01:58,400 --> 00:02:00,800 Speaker 1: I have to get from Chewi because it's a pain 44 00:02:00,880 --> 00:02:02,000 Speaker 1: to bring all that back. 45 00:02:01,960 --> 00:02:06,480 Speaker 2: Into the house. Absolutely, you sat SATs yes. 46 00:02:06,400 --> 00:02:09,280 Speaker 3: EchoStar gaining about eight point eight percent right now. That's 47 00:02:09,280 --> 00:02:12,240 Speaker 3: after the Information reported that SpaceX plans to file for 48 00:02:12,280 --> 00:02:14,639 Speaker 3: an IPO as soon as this week. As we all 49 00:02:14,680 --> 00:02:17,840 Speaker 3: kind of know, SpaceX's IPO is highly anticipated and is 50 00:02:17,880 --> 00:02:21,600 Speaker 3: expected to raise somewhere between fifty and seventy five billion dollars. 51 00:02:22,080 --> 00:02:25,000 Speaker 3: And if you remember, last September, SpaceX agreed to acquire 52 00:02:25,000 --> 00:02:29,160 Speaker 3: EchoStar's Spectrum for about seventeen billion dollars, helped the company 53 00:02:29,160 --> 00:02:31,959 Speaker 3: pay down some debt and also resolve a regulatory probe. 54 00:02:32,040 --> 00:02:35,440 Speaker 3: So definitely also worth noting that EchoStar's stock has been 55 00:02:35,480 --> 00:02:37,720 Speaker 3: on a tear for the last year, more than three 56 00:02:37,800 --> 00:02:39,680 Speaker 3: hundred and fifty percent since last year. 57 00:02:39,720 --> 00:02:44,839 Speaker 2: This time the Stock Mover's report from Bloomberg Radio. 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