1 00:00:02,520 --> 00:00:08,720 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The. 2 00:00:08,720 --> 00:00:12,560 Speaker 2: Stock Movers Report, your roundup of companies making moves in 3 00:00:12,600 --> 00:00:15,880 Speaker 2: the stock market harnessing the power of Bloomberg data. 4 00:00:16,560 --> 00:00:18,400 Speaker 1: Let's take a look at some stocks on the move 5 00:00:18,440 --> 00:00:21,919 Speaker 1: today with us as Bloomberg Television Markets correspondent Nora Melinda 6 00:00:21,960 --> 00:00:24,880 Speaker 1: with today's stock movers. All right, let's start with the 7 00:00:24,880 --> 00:00:25,880 Speaker 1: big one, Nour A. 8 00:00:25,960 --> 00:00:28,200 Speaker 3: Stellar day that we're seeing right now for shares of Apple. 9 00:00:28,280 --> 00:00:31,520 Speaker 3: Let's tick our aapl as you mentioned, it is hitting 10 00:00:31,560 --> 00:00:33,720 Speaker 3: a record high here. This is the first record high 11 00:00:33,720 --> 00:00:35,920 Speaker 3: they were seeing of twenty twenty five, and this is 12 00:00:35,960 --> 00:00:38,559 Speaker 3: after the company said, essentially there were some data that 13 00:00:38,600 --> 00:00:41,919 Speaker 3: came out that showed that iPhone seventeen, the series for 14 00:00:42,040 --> 00:00:47,120 Speaker 3: that iPhone, outsold the iPhone sixteen by fourteen percent over 15 00:00:47,159 --> 00:00:48,839 Speaker 3: the first ten days if you were to look at 16 00:00:48,880 --> 00:00:52,000 Speaker 3: it respectively here, and that's for sales in the US 17 00:00:52,040 --> 00:00:54,400 Speaker 3: and China. So of course you just start seeing them 18 00:00:54,440 --> 00:00:56,240 Speaker 3: kind of knocking it out the park, hitting a record 19 00:00:56,320 --> 00:00:58,279 Speaker 3: high here. But I mean, of course, if you still 20 00:00:58,320 --> 00:01:00,840 Speaker 3: could share is year to date, but they're up about 21 00:01:00,880 --> 00:01:02,760 Speaker 3: five percent. Now, that's different than what it looked like 22 00:01:02,840 --> 00:01:05,040 Speaker 3: earlier that we're seeing a pop it to the green clearly, 23 00:01:05,800 --> 00:01:08,800 Speaker 3: but I mean we also did see Loop Capital upgrading 24 00:01:08,800 --> 00:01:11,840 Speaker 3: the stock to buy from hold lots of optimism right 25 00:01:11,880 --> 00:01:13,319 Speaker 3: now in the market for this company. 26 00:01:13,480 --> 00:01:16,280 Speaker 4: Can I just you know, a little self promotion for 27 00:01:16,360 --> 00:01:18,920 Speaker 4: timy But we had a great conversation with Mark German 28 00:01:19,040 --> 00:01:21,440 Speaker 4: about all things Apple, and I highly recommend if you 29 00:01:21,520 --> 00:01:23,880 Speaker 4: missed it, check it out. It'll be on our podcast 30 00:01:23,959 --> 00:01:25,120 Speaker 4: feed a little bit later on. Can I do a 31 00:01:25,120 --> 00:01:25,800 Speaker 4: little self you. 32 00:01:25,800 --> 00:01:27,720 Speaker 1: Can do it. Three point nine trillion dollars that's what 33 00:01:27,760 --> 00:01:28,800 Speaker 1: the market cap is right now. 34 00:01:28,880 --> 00:01:30,520 Speaker 4: I know if I was Matt Miller, you know, keep 35 00:01:30,600 --> 00:01:34,960 Speaker 4: you promoted, just say and just say, let's go to 36 00:01:35,000 --> 00:01:35,959 Speaker 4: app leven. What's going on? 37 00:01:36,080 --> 00:01:37,760 Speaker 3: Yes, the keep it easy for us to tick her 38 00:01:37,840 --> 00:01:41,320 Speaker 3: is app app shares are down as much as more 39 00:01:41,319 --> 00:01:44,840 Speaker 3: than seven percent. Now they're paired a bit up, down 40 00:01:44,880 --> 00:01:46,840 Speaker 3: about three point eight percent. This is after The New 41 00:01:46,920 --> 00:01:50,320 Speaker 3: York Post reported that the state regulators have reached out 42 00:01:50,400 --> 00:01:54,680 Speaker 3: to multiple short sellers in a possible preliminary probe on 43 00:01:54,760 --> 00:01:57,280 Speaker 3: the company. Here so the state's involved in this concern 44 00:01:57,400 --> 00:02:01,360 Speaker 3: or Delaware, Oregon, Connecticut, according to the report. But if 45 00:02:01,360 --> 00:02:04,720 Speaker 3: you do look back earlier this month, in early October, 46 00:02:04,720 --> 00:02:07,160 Speaker 3: we had the SEC that was probing a company in 47 00:02:07,280 --> 00:02:10,120 Speaker 3: terms of its data collection practices. So lots of heat 48 00:02:10,240 --> 00:02:13,840 Speaker 3: right now on this company. Shares are up though, seventy 49 00:02:13,880 --> 00:02:15,360 Speaker 3: eight percent so far this year. 50 00:02:15,520 --> 00:02:18,920 Speaker 1: Okay, one stock that has been moving since before the 51 00:02:19,120 --> 00:02:21,240 Speaker 1: US market open this morning. This one was kind of 52 00:02:21,240 --> 00:02:23,760 Speaker 1: the first one on my radar today, Nora, what's going 53 00:02:23,800 --> 00:02:24,799 Speaker 1: on BMP. 54 00:02:24,639 --> 00:02:27,080 Speaker 3: Pair of al ticker. We're looking at the USADR, so 55 00:02:27,080 --> 00:02:30,880 Speaker 3: i'll give you BNPQY if you want to look it up. 56 00:02:31,440 --> 00:02:34,160 Speaker 3: Shares are down about nine percent right now. As you mentioned, 57 00:02:34,200 --> 00:02:35,639 Speaker 3: a lot of activity that we saw in the pre 58 00:02:35,720 --> 00:02:38,800 Speaker 3: market here. This is after a trial loss overpass work 59 00:02:38,840 --> 00:02:41,000 Speaker 3: in Sudan. They're saying that this could lead to a 60 00:02:41,040 --> 00:02:44,000 Speaker 3: costly settlement here, and analysts are really saying that they 61 00:02:44,040 --> 00:02:47,280 Speaker 3: don't expect a massive settlement costs here, but they do 62 00:02:47,320 --> 00:02:51,120 Speaker 3: flag rising uncertainty here and pertaining in particular to this 63 00:02:51,200 --> 00:02:55,600 Speaker 3: thought here. But BMP is saying that it should be overturned. 64 00:02:55,600 --> 00:02:58,639 Speaker 3: But they did add that it doesn't have any pressure 65 00:02:58,960 --> 00:03:01,280 Speaker 3: to settle this case here, So we'll just have to 66 00:03:01,280 --> 00:03:03,480 Speaker 3: see how this one plays out. Shares up about thirty 67 00:03:03,560 --> 00:03:04,760 Speaker 3: percent so far this year. 68 00:03:04,840 --> 00:03:07,679 Speaker 4: Help me understand though the market cap on the eighty 69 00:03:07,800 --> 00:03:10,280 Speaker 4: rs is about not just shy of ninety one billion, 70 00:03:10,360 --> 00:03:13,600 Speaker 4: But my understanding is if the litigation was expanded out 71 00:03:13,600 --> 00:03:16,000 Speaker 4: to all the cases could be something like one hundred 72 00:03:16,040 --> 00:03:16,920 Speaker 4: and forty billion. 73 00:03:16,960 --> 00:03:17,760 Speaker 2: Did I see right? 74 00:03:17,760 --> 00:03:19,119 Speaker 3: And I was seeing that as well? 75 00:03:19,200 --> 00:03:20,680 Speaker 1: How could so? 76 00:03:20,800 --> 00:03:23,200 Speaker 4: Maybe they maybe investors just believe that they're not going 77 00:03:23,280 --> 00:03:24,959 Speaker 4: to end up having to pay out that much, or 78 00:03:24,960 --> 00:03:25,680 Speaker 4: it won't go that far. 79 00:03:25,720 --> 00:03:26,920 Speaker 2: They'll be kind of settled. Right. 80 00:03:27,400 --> 00:03:28,400 Speaker 1: It's a lot, it's a lot. 81 00:03:28,600 --> 00:03:30,119 Speaker 4: It is a lot more than the market gap. 82 00:03:32,840 --> 00:03:36,840 Speaker 2: The stock Mover's report from Bloomberg Radio. Check back with 83 00:03:36,920 --> 00:03:39,520 Speaker 2: us throughout the day for the latest roundup of companies 84 00:03:39,600 --> 00:03:42,640 Speaker 2: making news on Wall Street and for the latest market 85 00:03:42,720 --> 00:03:47,160 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 86 00:03:47,280 --> 00:03:50,760 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 87 00:03:50,840 --> 00:03:52,320 Speaker 2: the Bloomberg Business app.