Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The.
Speaker 2: Stock Mover's Report, your roundup of companies making moves in
Speaker 2: the stock market, harnessing the power of Bloomberg Data.
Speaker 1: I'm Carol Messer longer Terimstic. Let's get to some stocks.
Speaker 1: The move with us is Bloomberg TV Market's correspondent Norm
Speaker 1: me Linda. She is in the house. Where are you beginning?
Speaker 3: Well, I feel like we've been seeing this whole CEES
Speaker 3: conference kicked off and we're watching it through the week.
Speaker 3: So we have to talk about some of the names
Speaker 3: that were affected by the commentary that we've seen there.
Speaker 3: Let's kick things off with Sands. This is Kicker s In.
Speaker 1: I'm obsessed with this name. All right, you yes, go ahead,
Speaker 1: go ahead.
Speaker 3: Well, this stock is really rallied today, up as much
Speaker 3: as twenty five percent. That's the biggest jump that we've
Speaker 3: seen in terms of a single date basis in nearly
Speaker 3: a year. This of course is commentary from and videos
Speaker 3: Jensen Wong. He said that the memory storage chip market
Speaker 3: is quote unquote underserved, and that just sent that stock rallying.
Speaker 3: We're seeing shares up twenty four percent right now as
Speaker 3: we speak. The best performing stock in the S and
Speaker 3: P five hundred, just simply off of what Jensen Wong
Speaker 3: has to say.
Speaker 1: It was the best performing stock in twenty twenty five,
Speaker 1: all of these plays in the S and P five hundred. Yeah,
Speaker 1: it was the top performer and it's and that whole
Speaker 1: group is just rallying today. There also a top performer
Speaker 1: in twenty twenty very true. I'm a little obsessed. It's
Speaker 1: not the names we talk about a lot, but it's
Speaker 1: just kind of fascinating to see how this trade plays out.
Speaker 3: Absolutely well. On the flip side, though, we're still keeping
Speaker 3: an eye on what Jensen Loong has to say. We
Speaker 3: did see some data center coaling stocks that fell today.
Speaker 3: This is after the CEO of Nvidia of raised fears
Speaker 3: about data center demand for these types of products, and
Speaker 3: so we are seeing as a second worst performing stock
Speaker 3: in the S and P five hundred Johnson Controls International
Speaker 3: ticker JCI and some of its peers also falling Carrier
Speaker 3: Global Modine Manufacturing. But we are seeing Johnson Controls International
Speaker 3: in particular as the second worst performing stock in the
Speaker 3: S and P five hundred, pairing its earlier decline. It
Speaker 3: was earlier down about eleven percent for its worst in
Speaker 3: almost three years.
Speaker 1: Train Technologies also taking a hit down about two point
Speaker 1: eight percent. That's another one of those companies that is
Speaker 1: in the cooling space.
Speaker 3: Absolutely, there's a lot of action that we're seeing right now.
Speaker 3: So people carry a lot of weight. His words, drunk
Speaker 3: Jensen Wong's words really carry a lot of weight clearly
Speaker 3: in this market.
Speaker 1: Always do. It's not just about the jacket. Are those
Speaker 1: some of your decliners?
Speaker 2: Those are good?
Speaker 3: I need to steal some.
Speaker 1: I know, I know, we share, we share, we share exactly,
Speaker 1: all right. Take us to Lacked Martin Lakeeed Martin.
Speaker 3: Of course we are seeing this stock in the green
Speaker 3: earlier up as much as about five point three percent
Speaker 3: now pairing a bit. But this after had struck a
Speaker 3: deal with the Pentagon to triple production of his Patriot
Speaker 3: Air Defense missile, which we know is deployed not only
Speaker 3: by the United States but about seventeen other countries. So
Speaker 3: really critical here. This agreement is really clearing the way
Speaker 3: for negotiations over a seven year contract to increase production
Speaker 3: of this and this is really just a broader US
Speaker 3: push to ramp up weapons output. So you are seeing
Speaker 3: the street clearly liking this stock coming in behind. I'm
Speaker 3: Luckie Martin.
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