1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:15,880 Speaker 2: in the stock market, Harnessing the power of Bloomberg Data 4 00:00:16,800 --> 00:00:17,760 Speaker 2: to discuss. 5 00:00:17,440 --> 00:00:19,599 Speaker 1: Stocks on the move and companies to watch. We have 6 00:00:19,720 --> 00:00:24,279 Speaker 1: Noura Melinda Bloomberg, Television Markets correspondent correspondent with us Nora, 7 00:00:24,400 --> 00:00:25,120 Speaker 1: what are you watching? 8 00:00:25,400 --> 00:00:27,400 Speaker 3: Well, let's just take a look at Goldman Sachs. We've 9 00:00:27,440 --> 00:00:30,320 Speaker 3: been talking about this a lot. This is taker GS. 10 00:00:30,360 --> 00:00:33,840 Speaker 3: Of course, we're seeing bank earnings continuing as we push 11 00:00:33,920 --> 00:00:36,520 Speaker 3: through this earning season. We're seeing shares of this company 12 00:00:36,600 --> 00:00:38,839 Speaker 3: up as much as three point eight percent. This is 13 00:00:38,840 --> 00:00:41,559 Speaker 3: after it posted an all time high, an all time 14 00:00:41,600 --> 00:00:44,720 Speaker 3: Wall Street record of four point three one billion dollars 15 00:00:44,760 --> 00:00:47,760 Speaker 3: in equities trading revenue in the last three months of 16 00:00:47,880 --> 00:00:50,880 Speaker 3: the year. Of course, we're really just also still continuing 17 00:00:50,920 --> 00:00:53,000 Speaker 3: to keep our eyes on expenses because we've been hearing 18 00:00:53,000 --> 00:00:55,600 Speaker 3: this from a lot of other bank companies. There's been 19 00:00:55,640 --> 00:00:57,640 Speaker 3: a lot of scrutiny as to how much they're spending. 20 00:00:57,680 --> 00:00:59,520 Speaker 3: Of course, we talked about some of the names earlier 21 00:00:59,520 --> 00:01:02,640 Speaker 3: this week that we're spending a lot on severance packages. 22 00:01:02,920 --> 00:01:05,440 Speaker 3: Of course, we've got job cuts. So some analysts are 23 00:01:05,480 --> 00:01:09,640 Speaker 3: also pointing toward one possible dark spot for Goldman Sachs 24 00:01:09,680 --> 00:01:12,280 Speaker 3: potentially being expenses. But all in all, it seems is 25 00:01:12,280 --> 00:01:17,199 Speaker 3: so the Wall Street is really receptive and taking this well, okay, 26 00:01:17,240 --> 00:01:20,959 Speaker 3: next on your list, looking at applied materials. Of course, 27 00:01:21,000 --> 00:01:24,800 Speaker 3: this is ticker Amat. Shares of this company are up 28 00:01:24,880 --> 00:01:28,120 Speaker 3: as much more than nine percent, as much as nine percent. This, 29 00:01:28,200 --> 00:01:31,399 Speaker 3: of course is after Barclays upgraded the company to overweight 30 00:01:31,440 --> 00:01:33,559 Speaker 3: from equal weight. They're saying to the chip makers also 31 00:01:33,600 --> 00:01:36,959 Speaker 3: getting a boost from t SMC, which did set a 32 00:01:37,000 --> 00:01:40,760 Speaker 3: bullish capital spending target, and that's really been signaling broad 33 00:01:40,760 --> 00:01:43,600 Speaker 3: based demand for AI chip companies more broadly. So you 34 00:01:43,680 --> 00:01:46,080 Speaker 3: are seeing a lot of those tech stocks hire. Take 35 00:01:46,080 --> 00:01:47,560 Speaker 3: a look at the sp five hundred and we've got 36 00:01:47,560 --> 00:01:51,120 Speaker 3: information technology as the best performing group and Nora. 37 00:01:51,200 --> 00:01:53,360 Speaker 1: You're also watching coinbas. 38 00:01:53,120 --> 00:01:56,280 Speaker 3: Absolutely so this is ticker coin pretty easy there we're 39 00:01:56,280 --> 00:01:59,840 Speaker 3: seeing shares following more than four percent right now down 40 00:02:00,200 --> 00:02:03,360 Speaker 3: three point eight percent, But this is after the US 41 00:02:03,400 --> 00:02:06,320 Speaker 3: Senate Banking Committee the de laatest discussion of the Crypto 42 00:02:06,440 --> 00:02:10,440 Speaker 3: Market Structure Bill. So coinbase polled support of the bill 43 00:02:10,560 --> 00:02:13,320 Speaker 3: due to its limits on stable coin rewards. 44 00:02:14,720 --> 00:02:18,920 Speaker 2: The Stockmovers Report from Bloomberg Radio. Check back with us 45 00:02:19,000 --> 00:02:21,799 Speaker 2: throughout the day for the latest roundup of companies making 46 00:02:21,840 --> 00:02:25,480 Speaker 2: news on Wall Street and for the latest market moving headlines. 47 00:02:25,680 --> 00:02:29,680 Speaker 2: Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg 48 00:02:29,760 --> 00:02:32,800 Speaker 2: dot com, and on Applecarplay and Android Auto with the 49 00:02:32,840 --> 00:02:34,239 Speaker 2: Bloomberg Business app.