1 00:00:02,520 --> 00:00:08,680 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The. 2 00:00:08,720 --> 00:00:12,520 Speaker 2: Stock Mover's 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 00:00:16,920 --> 00:00:19,599 Speaker 1: I'm Carol Messer longer Terimstic. Let's get to some stocks. 5 00:00:19,920 --> 00:00:22,520 Speaker 1: The move with us is Bloomberg TV Market's correspondent Norm 6 00:00:22,560 --> 00:00:26,320 Speaker 1: me Linda. She is in the house. Where are you beginning? 7 00:00:26,600 --> 00:00:28,880 Speaker 3: Well, I feel like we've been seeing this whole CEES 8 00:00:29,000 --> 00:00:31,480 Speaker 3: conference kicked off and we're watching it through the week. 9 00:00:31,520 --> 00:00:32,800 Speaker 3: So we have to talk about some of the names 10 00:00:32,800 --> 00:00:34,920 Speaker 3: that were affected by the commentary that we've seen there. 11 00:00:35,080 --> 00:00:37,920 Speaker 3: Let's kick things off with Sands. This is Kicker s In. 12 00:00:38,040 --> 00:00:41,200 Speaker 1: I'm obsessed with this name. All right, you yes, go ahead, 13 00:00:41,280 --> 00:00:41,720 Speaker 1: go ahead. 14 00:00:41,800 --> 00:00:44,479 Speaker 3: Well, this stock is really rallied today, up as much 15 00:00:44,479 --> 00:00:46,559 Speaker 3: as twenty five percent. That's the biggest jump that we've 16 00:00:46,600 --> 00:00:49,160 Speaker 3: seen in terms of a single date basis in nearly 17 00:00:49,280 --> 00:00:52,400 Speaker 3: a year. This of course is commentary from and videos 18 00:00:52,640 --> 00:00:55,160 Speaker 3: Jensen Wong. He said that the memory storage chip market 19 00:00:55,200 --> 00:00:59,000 Speaker 3: is quote unquote underserved, and that just sent that stock rallying. 20 00:00:59,040 --> 00:01:01,360 Speaker 3: We're seeing shares up twenty four percent right now as 21 00:01:01,360 --> 00:01:03,960 Speaker 3: we speak. The best performing stock in the S and 22 00:01:03,960 --> 00:01:06,560 Speaker 3: P five hundred, just simply off of what Jensen Wong 23 00:01:06,640 --> 00:01:07,480 Speaker 3: has to say. 24 00:01:07,280 --> 00:01:09,640 Speaker 1: It was the best performing stock in twenty twenty five, 25 00:01:10,280 --> 00:01:12,880 Speaker 1: all of these plays in the S and P five hundred. Yeah, 26 00:01:13,200 --> 00:01:15,039 Speaker 1: it was the top performer and it's and that whole 27 00:01:15,120 --> 00:01:18,600 Speaker 1: group is just rallying today. There also a top performer 28 00:01:18,600 --> 00:01:20,920 Speaker 1: in twenty twenty very true. I'm a little obsessed. It's 29 00:01:20,959 --> 00:01:22,600 Speaker 1: not the names we talk about a lot, but it's 30 00:01:22,680 --> 00:01:25,080 Speaker 1: just kind of fascinating to see how this trade plays out. 31 00:01:25,200 --> 00:01:27,880 Speaker 3: Absolutely well. On the flip side, though, we're still keeping 32 00:01:27,880 --> 00:01:29,600 Speaker 3: an eye on what Jensen Loong has to say. We 33 00:01:29,640 --> 00:01:32,720 Speaker 3: did see some data center coaling stocks that fell today. 34 00:01:32,760 --> 00:01:35,520 Speaker 3: This is after the CEO of Nvidia of raised fears 35 00:01:35,520 --> 00:01:39,200 Speaker 3: about data center demand for these types of products, and 36 00:01:39,240 --> 00:01:41,360 Speaker 3: so we are seeing as a second worst performing stock 37 00:01:41,400 --> 00:01:44,280 Speaker 3: in the S and P five hundred Johnson Controls International 38 00:01:44,600 --> 00:01:48,559 Speaker 3: ticker JCI and some of its peers also falling Carrier 39 00:01:48,600 --> 00:01:52,640 Speaker 3: Global Modine Manufacturing. But we are seeing Johnson Controls International 40 00:01:52,640 --> 00:01:55,640 Speaker 3: in particular as the second worst performing stock in the 41 00:01:55,720 --> 00:01:57,680 Speaker 3: S and P five hundred, pairing its earlier decline. It 42 00:01:57,720 --> 00:02:00,640 Speaker 3: was earlier down about eleven percent for its worst in 43 00:02:00,720 --> 00:02:01,920 Speaker 3: almost three years. 44 00:02:02,120 --> 00:02:05,320 Speaker 1: Train Technologies also taking a hit down about two point 45 00:02:05,360 --> 00:02:07,640 Speaker 1: eight percent. That's another one of those companies that is 46 00:02:07,640 --> 00:02:08,560 Speaker 1: in the cooling space. 47 00:02:08,760 --> 00:02:11,000 Speaker 3: Absolutely, there's a lot of action that we're seeing right now. 48 00:02:11,000 --> 00:02:13,800 Speaker 3: So people carry a lot of weight. His words, drunk 49 00:02:13,840 --> 00:02:16,120 Speaker 3: Jensen Wong's words really carry a lot of weight clearly 50 00:02:16,200 --> 00:02:16,640 Speaker 3: in this market. 51 00:02:16,760 --> 00:02:18,600 Speaker 1: Always do. It's not just about the jacket. Are those 52 00:02:18,600 --> 00:02:19,600 Speaker 1: some of your decliners? 53 00:02:21,280 --> 00:02:21,720 Speaker 2: Those are good? 54 00:02:22,320 --> 00:02:23,200 Speaker 3: I need to steal some. 55 00:02:23,360 --> 00:02:26,480 Speaker 1: I know, I know, we share, we share, we share exactly, 56 00:02:26,960 --> 00:02:29,440 Speaker 1: all right. Take us to Lacked Martin Lakeeed Martin. 57 00:02:29,480 --> 00:02:31,040 Speaker 3: Of course we are seeing this stock in the green 58 00:02:31,120 --> 00:02:33,600 Speaker 3: earlier up as much as about five point three percent 59 00:02:33,720 --> 00:02:35,639 Speaker 3: now pairing a bit. But this after had struck a 60 00:02:35,680 --> 00:02:39,000 Speaker 3: deal with the Pentagon to triple production of his Patriot 61 00:02:39,000 --> 00:02:41,839 Speaker 3: Air Defense missile, which we know is deployed not only 62 00:02:41,840 --> 00:02:45,040 Speaker 3: by the United States but about seventeen other countries. So 63 00:02:45,440 --> 00:02:48,160 Speaker 3: really critical here. This agreement is really clearing the way 64 00:02:48,200 --> 00:02:52,000 Speaker 3: for negotiations over a seven year contract to increase production 65 00:02:52,080 --> 00:02:54,320 Speaker 3: of this and this is really just a broader US 66 00:02:54,360 --> 00:02:57,160 Speaker 3: push to ramp up weapons output. So you are seeing 67 00:02:57,480 --> 00:03:00,160 Speaker 3: the street clearly liking this stock coming in behind. I'm 68 00:03:00,200 --> 00:03:00,840 Speaker 3: Luckie Martin. 69 00:03:00,840 --> 00:03:06,800 Speaker 2: Today the Stockmovers Report from Bloomberg Radio. Check back with 70 00:03:06,880 --> 00:03:09,440 Speaker 2: us throughout the day for the latest roundup of companies 71 00:03:09,520 --> 00:03:12,640 Speaker 2: making news on Wall Street and for the latest market 72 00:03:12,639 --> 00:03:17,120 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 73 00:03:17,240 --> 00:03:20,720 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 74 00:03:20,800 --> 00:03:22,280 Speaker 2: the Bloomberg Business app.