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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: This is the closing bell on the stock Movers report

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Speaker 2: the company's making moves at the close of US trading

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Speaker 2: with Carol Masser, Tim Stenebeck, Romain Bostik, and Scarlet foo Hey.

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Speaker 3: Most names in the s and P. Three hundred and

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Speaker 3: twenty Katie actually gaining ground today one hundred and eighty

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Speaker 3: one losing ground and you've got two unchanged.

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Speaker 4: Absolutely some good breath there. Let's take a look at

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Speaker 4: the circle and see how it broke down on the

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Speaker 4: sector level. You can see a lot of green on

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Speaker 4: the screen. Tech was your big gainer on the day.

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Speaker 4: That sector hired by about one point four percent. Some

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Speaker 4: other metworthy mentions here. Industrials having a good day, So

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Speaker 4: too did communications services. If you're looking for some red though,

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Speaker 4: you can look to consumer stables that was your biggest

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Speaker 4: loser on the day.

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Speaker 1: Would you say that?

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Speaker 5: Why would you look for them?

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Speaker 4: Some people do.

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Speaker 5: We've got some bears on the side.

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Speaker 6: House to look at those.

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Speaker 4: Yeah, it's sort of your job. Tim, Well, you probably

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Speaker 4: found something consumer staples that was your biggest loser on

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Speaker 4: the day.

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Speaker 5: All right, let's get to some individual gainers.

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Speaker 3: No surprise, shocking Intel a top that list, top gainer

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Speaker 3: in the S and P and the Nasdaq one hundred,

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Speaker 3: finishing with a gain of about twenty three percent at

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Speaker 3: its highs up as much as thirty percent. This, of

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Speaker 3: course after Nvidia agreed to invest five billion dollars in

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Speaker 3: the company.

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Speaker 5: The two are going to co.

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Speaker 3: Develop chips for PCs and data centers. So just so

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Speaker 3: much going on in this name the whole socks I

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Speaker 3: should say Philadelphia name Philadelphia Semiconductor Index. We saw many names,

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Speaker 3: and I'm just going to pull it up real quick.

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Speaker 1: I think almost that's at a record high as well, Carol,

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Speaker 1: I'm just going to jump in here. Are getting FedEx

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Speaker 1: earnings crossing the wire right now, the company providing its

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Speaker 1: fiscal first quarter numbers here EPs three dollars and eighty

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Speaker 1: three cents a share.

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Speaker 5: That is a beat.

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Speaker 1: It looks like on the revenue side twenty two point

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Speaker 1: two billion dollars a modest beat there as well. But

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Speaker 1: the company does appear now to be back to putting

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Speaker 1: it in its forecast. Remember it had pulled its full year

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Speaker 1: of forecast because of uncertainty. Hear about the outlook with

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Speaker 1: regards to trade policies and geopolitical issues now saying that

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Speaker 1: for the full year, it's hees a justeddps in the

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Speaker 1: range of seventeen dollars and twenty cents to nineteen dollars.

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Speaker 1: The street was looking on average for eighteen dollars and

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Speaker 1: twenty five cents here. I also just want to point

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Speaker 1: out here when it comes to the revenue side here

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Speaker 1: they do appear to be heading their bets just a

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Speaker 1: little bit more on that. The company has a lot

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Speaker 1: of asterisks in this press release right now with regards

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Speaker 1: to some of the issues going forward, with regards to

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Speaker 1: not knowing what's going on with policy, But overall, what's

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Speaker 1: your point? This is now a company that had actually

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Speaker 1: reported flat to declining revenue in eight of the past

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Speaker 1: ten quarters. That streak is now broken. Three percent growth

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Speaker 1: here in the quarter and guidance going forward to three

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Speaker 1: excuse me, a four to six percent for the full year.

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Speaker 4: And you can see shares popping a little bit in

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Speaker 4: the after hours trade. Just the fact that they issued

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Speaker 4: a full year profit outlook is a surprise here. It

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Speaker 4: was a very wide range when it comes to full

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Speaker 4: year justine EPs expectations seventeen dollars twenty cents to nineteen dollars.

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Speaker 4: But again Tien just the fact that they did come

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Speaker 4: out with some numbers sentiment had been so low on

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Speaker 4: this name right now being taken as good news. We'll

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Speaker 4: see if that sticks.

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Speaker 6: Yeah. Sures up about three point seven percent in the

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Speaker 6: after hours ahead of this, called Raj Subramanian, the FedEx

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Speaker 6: president and CEO, saying that our earnings growth underscores the

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Speaker 6: success if there are strategic initiatives. They're flexing our network,

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Speaker 6: reducing our cost to serve, further enhancing our value proposition

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Speaker 6: and customer experience. Strategic initiatives, paired with our operational data

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Speaker 6: platform from moving seventeen million packages through out network daily,

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Speaker 6: position us well to serve customers in any environments.

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Speaker 3: All right, And I am also taking a look at

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Speaker 3: shares of UPS. They're not apples to apples when you

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Speaker 3: think about both of these companies, but nonetheless UPS also

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Speaker 3: taking a look at this one popping in the aftermarket

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Speaker 3: up about one percent, so a little bit of movement

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Speaker 3: in that name as well.

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Speaker 5: As again we see FedEx.

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Speaker 3: Certainly rallying in a big way, up about five percent.

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Speaker 5: Here. Let's go back to some of the individual gainers.

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Speaker 3: I mentioned Intel that's out there, finishing the day with

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Speaker 3: a twenty three percent gain. We saw the socks also

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Speaker 3: moving up and most names in that index twenty six

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Speaker 3: higher socks up about three point six percent. So the

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Speaker 3: whole semiconductor space lifted by this news. Novo Nordisk, the

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Speaker 3: ADRs that trade in the United States, that one finishing

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Speaker 3: with a.

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Speaker 5: Gain of more than six percent.

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Speaker 3: This stock has been on a tear rallying up five

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Speaker 3: days in a row, and it's up around thirteen percent

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Speaker 3: in that timeframe, the most in a month after its

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Speaker 3: diabetes blockbuster a zembic beat Eli Lilly's older drug Trulicity

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Speaker 3: in a real world survey of certain US patients. So

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Speaker 3: some optimism in that. One want to mention a company,

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Speaker 3: we don't talk about it. Eighty nine Bio tickers ETNB.

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Speaker 3: This stock up eighty five percent in today's session. Roche

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Speaker 3: and this kind of plays into this whole subject an

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Speaker 3: area of weight loss drugs. Roach said it will acquire

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Speaker 3: this biopharmaceutical company for up to three and a half billion,

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Speaker 3: boasting Roach's pipeline in the market to treat obese.

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Speaker 5: And related illnesses.

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Speaker 3: Eighty nine Bio plays into this field in particular, and

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Speaker 3: then because if I don't say it remains going to

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Speaker 3: say we did have another IPO today. Ntsk netscope, I know,

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Speaker 3: I know, Sorry sorry. Finishing the day, it was up

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Speaker 3: as much as twenty eight percent in its first day

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Speaker 3: of trading, but finishing with about an eighteen percent gain.

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Speaker 3: This is after a priced at the top end of

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Speaker 3: its range. Do you have anything remain don't worry.

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Speaker 1: I'll get you back tomorrow. If you're here tomorrow, I

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Speaker 1: know you've worked for four day weeks.

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Speaker 6: Moving on, Moving on tomorrow's day five. Arm Holdings I

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Speaker 6: wanted to start with ADRs of ARM down four point

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Speaker 6: five percent today. This is the semiconductor design and manufacturing

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Speaker 6: company after in Vidia agreed to invest five billion dollars

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Speaker 6: in Intel and said that two companies would co develop

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Speaker 6: chips for PCs and data centers. Now in VideA currently

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Speaker 6: designs its own processors, which work alongside the accelerator components

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Speaker 6: using tech from Armholdings. The Intel tie up should have

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Speaker 6: no impact on ARM, according to Jensen Wong, and Video

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Speaker 6: is preceding as planned with ARM based products. He said,

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Speaker 6: still investors a little skittish on the stock today. And

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Speaker 6: sending shares lower. Live Nation also following today, down two

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Speaker 6: point eight percent. The FTC and seven State sued Live

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Speaker 6: Nation Entertainment and its Ticketmaster's subsidiary for failing to stem

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Speaker 6: the use of automated ticketing bots and large scale resale operations.

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Speaker 6: The FTC alleged that Ticketmaster's actions violated the FTC Act

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Speaker 6: and the Better Online Ticket Sales Act, and the company

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Speaker 6: took an eleven billion dollars in fees on primary and

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Speaker 6: resold tickets between twenty nineteen and twenty twenty four. And finally,

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Speaker 6: watching shares of Walt Disney down one point one percent today.

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Speaker 6: Saverian Company of ABC this after the network said that

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Speaker 6: Jimmy Kimmel Live will be off the air indefinitely admit

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Speaker 6: a backlash to remarks that Jimmy Kimmel made about the

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Speaker 6: killing of Republican activist Charlie Kirk. The move was sparked

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Speaker 6: by Nexstar Media Group, which owns dozens of ABCTV affiliates,

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Speaker 6: saying that it would pull the show from its stations

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Speaker 6: of remarks that were quote offensive and insensitive. Disney shares

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Speaker 6: down by one percent today.

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Speaker 1: All right, let's take a quick look in yields. We

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Speaker 1: did see a bit of a sell off earlier in

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Speaker 1: the session, though that sell off did abit just a

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Speaker 1: little bit. Nevertheless, yields are higher across the curved about

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Speaker 1: two basis points on the shorter end when you go

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Speaker 1: out to the thirty year up about four basis points,

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Speaker 1: So a bit of a bear steepening here on the

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Speaker 1: day and widening here on that five thirty spread here.

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Speaker 1: So a big question right now as to how the

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Speaker 1: market the difference of interpretation of what the Fed did

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Speaker 1: yesterday between how the stock market is reacting and how

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Speaker 1: the bond market is repositioning.

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Speaker 5: Yeah, really a really important point.

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Speaker 3: Well seeah, this kind of I feel like plays out

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Speaker 3: as we start to get more data points.

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Speaker 5: Are the next round of data points.

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Speaker 2: This Stock Movers report from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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Speaker 2: making news on Wall Street and for the latest market

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Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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Speaker 2: the Bloomberg Business app.