Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: This is the closing bell on the stock mover's report
Speaker 2: the company's making moves at the close of US trading
Speaker 2: with Carol Masser, Tim Stenoveeck Romain Bostik, and Katie Greifel.
Speaker 3: All right, let me get you some of the individual gainers.
Speaker 3: There was a lot to choose from. I'm going to
Speaker 3: start with Robinhood, number one gainer in the s and
Speaker 3: P five hundred. Everybody finishing the day just sh I
Speaker 3: have a fourteen percent gain, of course, closely tied to
Speaker 3: the crypto market, and it can buy crypto on the platform. Sure,
Speaker 3: so shares surging as we saw, kind of anything to
Speaker 3: do with the crypto trade really bouncing back today and
Speaker 3: I ship point and this is even you know, late
Speaker 3: yesterday after the close, Robinhood their market price target was
Speaker 3: cut to one thirty a share from one fifty five
Speaker 3: by Truest Securities, still bullish on the fintech company despite
Speaker 3: the weaker cryptocurrency market backup. I wonder if you like
Speaker 3: it doesn't like that call. I don't know, but anyway,
Speaker 3: he made that call, and we did see Robin Hood
Speaker 3: certainly an now performer in today's session, let's go on
Speaker 3: over to strategy. Really some outperformance there as well. That
Speaker 3: company app pretty much closing at its highs of the
Speaker 3: session up twenty six percent. The Bitcoin Treasury Company reported
Speaker 3: a twelve point four billion dollar fourth quarter net loss,
Speaker 3: driven by that decline that we've seen in the crypto prices.
Speaker 3: Als do expect the company can withstand further downturn due
Speaker 3: to its cash reserve. So that was good, and so
Speaker 3: again that crypto trade impacting this one. Michael Saylor also
Speaker 3: of the company, saying that the margin calls are no
Speaker 3: margin calls I should say on the company. So some
Speaker 3: optimism there, and then thank you Tim for this one.
Speaker 3: Under Armor UA is the ticker, finishing two at its
Speaker 3: highs of the session more than nineteen percent. This tack
Speaker 3: is up about fifty percent year to date. Twenty percent,
Speaker 3: though of the float is short. The company surprised investors
Speaker 3: with a quarterly profit revenue also slightly above the consensus estimate,
Speaker 3: and management boost it's adjusted EPs estimate. So some outperformance.
Speaker 3: There's a lot I could have done, so remain do
Speaker 3: not add to the list.
Speaker 1: Hey, pop quiz, what was the best performing large cap
Speaker 1: stock this week? Oh my god, momentum light up forty
Speaker 1: one percent year. Of course off the back of those
Speaker 1: earnings that it had the other day. Nice, I'm not adding,
Speaker 1: just adding context, because you know what, Carol Masser, what
Speaker 1: context changes every day? It totally does, totally.
Speaker 4: I was saying that, how about some decliners for some
Speaker 4: context on stocks that move the other way? Look at
Speaker 4: we got to start with Amazon down five point six
Speaker 4: percent today. This is after the company now it's plans
Speaker 4: to spend two hundred billion dollars this year on data centers, chips,
Speaker 4: and other equipment. Andy Jasse is bullish. He says it's
Speaker 4: going to go toward the company's aws. Most of that
Speaker 4: spending will be for AI workloads. Shares felt earlier by
Speaker 4: as much as ten percent, but pared those losses to
Speaker 4: close down to a five point six percent. The worst
Speaker 4: performer on a percentage basis in the S and P
Speaker 4: five hundred Millina Healthcare share is just crumbled today. This
Speaker 4: after the company forecasts twenty twenty six profit that was
Speaker 4: less than half of what Wall Street expected. This due
Speaker 4: to hire medical costs, insufficient government repayments, lost more than
Speaker 4: a quarter of its market cap. Today, it's pulling out
Speaker 4: of the federal government's Medicare Advantage Part D program for
Speaker 4: twenty twenty seven. It expects it's Obamacare enrollment and total
Speaker 4: premium revenue to drop by more than fifty percent this year.
Speaker 4: And finally, Stillantis the worst day ever for this company.
Speaker 4: Shares fell by twenty four percent. The company's CEO and
Speaker 4: Tonio Fillis.
Speaker 1: Then you told people what still Antis is, because yeah, oh,
Speaker 1: probably this worse rebranding exercise. The maker of Jeep ch Chrysler,
Speaker 1: Chrysler everyone knows, but still Antis. Go ahead, Yeah, so Stilantis,
Speaker 1: it's it's my BBO column.
Speaker 3: For Okay, I always think praying Mantis. I think it's
Speaker 3: like a bug.
Speaker 4: Okay, whatever, whatever, you guys need to remember it. But
Speaker 4: it's been a public company since going back to twenty fourteen,
Speaker 4: and it's i mean, the same problem that some of
Speaker 4: the other large auto manufacturers had when it comes to
Speaker 4: EV's twenty two point two billion euros in charge, as
Speaker 4: much of we're linked to unwinding Carlos Tavaris's bets on
Speaker 4: EV's that were destined to be unprofitable. Carlos Tavarus has
Speaker 4: been out of the company for more than a year,
Speaker 4: and they're still working to unwind some of those bets
Speaker 4: once Againstlantis, the maker of jeep, Yeah, Chrysler and more,
Speaker 4: falling by close to twenty four percent.
Speaker 1: And I'll just add too, I just want to point
Speaker 1: out software socks did rebound on the day, but still
Speaker 1: down for a fourth string week. All of the big
Speaker 1: names here are still sliding on a weekly basis, including
Speaker 1: Oracle and the like. Let's take a look, quick look
Speaker 1: here what's been going on in the debt markets. We
Speaker 1: saw yields actually drop or excuse me rise on the day,
Speaker 1: up about four basis points on the shorter end of
Speaker 1: the curve, a little bit less on the longer end
Speaker 1: of the curve. But we should point out on a
Speaker 1: weekly basis it was still to the downside all across
Speaker 1: the curve. In factor relatively a parallel moved down here,
Speaker 1: So keep an eye on that. That's going to be
Speaker 1: a big part of the story, particularly as we get
Speaker 1: into next month and some of the freshen up economic data.
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