1
00:00:02,520 --> 00:00:07,000
Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

2
00:00:09,880 --> 00:00:13,320
Speaker 2: This is the closing bell on this stock movers report

3
00:00:13,560 --> 00:00:16,520
Speaker 2: the company's making moves at the close of US trading

4
00:00:16,760 --> 00:00:22,439
Speaker 2: with Carol Masser, Tim Stenebeck, Romain Bostick and Scarlet Food folks.

5
00:00:22,480 --> 00:00:24,920
Speaker 3: This rally today pretty broad based, Katie. We've got four

6
00:00:25,000 --> 00:00:26,759
Speaker 3: hundred and fourteen names in the s and P five

7
00:00:26,840 --> 00:00:30,120
Speaker 3: hundred higher in today's session, eighty five to the downside

8
00:00:30,200 --> 00:00:31,160
Speaker 3: for unchanged.

9
00:00:31,200 --> 00:00:33,479
Speaker 4: Well, the circle probably says the same thing when you

10
00:00:33,520 --> 00:00:36,400
Speaker 4: take a look at the sectors nine finishing in the green,

11
00:00:36,640 --> 00:00:40,760
Speaker 4: just two in the red. Communications services, materials, industrials, those

12
00:00:40,800 --> 00:00:43,479
Speaker 4: are some of your biggest winners today. Then you take

13
00:00:43,479 --> 00:00:46,800
Speaker 4: a look at what didn't do too hot, consumer staples, utilities.

14
00:00:46,840 --> 00:00:50,519
Speaker 4: Those are typically defensive sectors. To see them down just

15
00:00:50,840 --> 00:00:53,200
Speaker 4: a little bit here really speaks to just how risk

16
00:00:53,280 --> 00:00:54,640
Speaker 4: gone this Monday was.

17
00:00:54,720 --> 00:00:57,000
Speaker 3: All right, guys, with all that green lots to choose from.

18
00:00:57,200 --> 00:00:58,640
Speaker 1: I just want to point out something too, just to

19
00:00:58,680 --> 00:01:01,080
Speaker 1: be clear here. The NAZA one hundred did close at

20
00:01:01,080 --> 00:01:03,440
Speaker 1: a record high, but not the composite.

21
00:01:02,800 --> 00:01:05,399
Speaker 3: Okay, good to know, Good to know, hey, Having said that,

22
00:01:05,400 --> 00:01:08,360
Speaker 3: a good reason why we saw that composite moving up

23
00:01:08,840 --> 00:01:12,160
Speaker 3: on this Monday Apple Apple shares finishing off the highs

24
00:01:12,240 --> 00:01:14,240
Speaker 3: of this session, but still with a gain of just

25
00:01:14,280 --> 00:01:16,760
Speaker 3: shy of four percent, hitting their first record of twenty

26
00:01:16,800 --> 00:01:19,920
Speaker 3: twenty five after Luke Capitol upgraded the stock to buy

27
00:01:19,959 --> 00:01:23,040
Speaker 3: from Hull, becoming the latest firm to cite positive iPhone demands.

28
00:01:23,080 --> 00:01:26,000
Speaker 3: We did have reporting out on the terminal about Apple's

29
00:01:26,040 --> 00:01:30,120
Speaker 3: latest generation of iPhones. We're talking about the iPhone seventeen

30
00:01:30,200 --> 00:01:32,679
Speaker 3: series off to a faster start than usual with its

31
00:01:32,720 --> 00:01:35,840
Speaker 3: most basic model surging and popularity. So man, that was

32
00:01:36,080 --> 00:01:38,720
Speaker 3: certainly a lot of momentum in today's trade. Got to

33
00:01:38,760 --> 00:01:42,160
Speaker 3: mention Cleveland Cliffs, that stock up just about twenty one

34
00:01:42,240 --> 00:01:44,600
Speaker 3: and a half percent today after the company posted stronger

35
00:01:44,600 --> 00:01:47,640
Speaker 3: than expected earnings and disclosed a pact with another metal producer.

36
00:01:47,720 --> 00:01:50,840
Speaker 3: The companies said it discovered two sites with potential to

37
00:01:50,880 --> 00:01:54,480
Speaker 3: produce rare earth minerals, one in Michigan another in Minnesota,

38
00:01:54,880 --> 00:01:58,400
Speaker 3: and as evaluating whether rare earth minerals can be extracted

39
00:01:58,400 --> 00:02:02,400
Speaker 3: from those minds. So again, that trade, that play, we

40
00:02:02,520 --> 00:02:05,760
Speaker 3: continue to see that having momentum here in twenty twenty five.

41
00:02:06,040 --> 00:02:09,240
Speaker 3: Got to mention Zions, We are waiting that company to

42
00:02:09,280 --> 00:02:12,560
Speaker 3: report earnings. That regional bank stock up four point six

43
00:02:12,639 --> 00:02:16,120
Speaker 3: percent today's session, higher after wild week last week on

44
00:02:16,240 --> 00:02:20,919
Speaker 3: concerns about credit. The stock, as we mentioned, hired today today,

45
00:02:20,919 --> 00:02:24,000
Speaker 3: gain of about nine percent in today's session after dropping

46
00:02:24,000 --> 00:02:24,880
Speaker 3: five percent last week.

47
00:02:24,880 --> 00:02:25,480
Speaker 1: But we'll wait for.

48
00:02:25,400 --> 00:02:27,680
Speaker 3: An update on its business as it gets ready to

49
00:02:27,720 --> 00:02:30,919
Speaker 3: report in any moment. And just honorable mention those rare

50
00:02:30,960 --> 00:02:34,760
Speaker 3: earth and critical mineral stocks on the move, US Antimony

51
00:02:35,040 --> 00:02:37,800
Speaker 3: among them. This after William Blair came out and talked

52
00:02:37,840 --> 00:02:41,239
Speaker 3: about these companies initiating the companies at an outperform. I

53
00:02:41,280 --> 00:02:43,760
Speaker 3: just had to mention because we talked to US Antimony today,

54
00:02:43,760 --> 00:02:46,320
Speaker 3: the CEO that stock was up nineteen percent today's session.

55
00:02:46,800 --> 00:02:49,399
Speaker 5: Is a big move higher, especially for that company. That's

56
00:02:49,480 --> 00:02:52,239
Speaker 5: what does it more than doubled so far this year. Yeah,

57
00:02:52,240 --> 00:02:54,720
Speaker 5: like four percent is not like five hundred pcent pretty incredible.

58
00:02:54,760 --> 00:02:54,919
Speaker 3: Hey.

59
00:02:55,200 --> 00:02:57,080
Speaker 5: Some of the stocks in the red, not too many,

60
00:02:57,080 --> 00:02:58,720
Speaker 5: but a couple prominent ones. I want to start with

61
00:02:58,720 --> 00:03:01,400
Speaker 5: Oracle down four point nine percent. Hears fell for a

62
00:03:01,480 --> 00:03:04,200
Speaker 5: second day in a row. They were fell close to

63
00:03:04,200 --> 00:03:07,680
Speaker 5: seven percent on Friday, down another close to five percent today.

64
00:03:07,880 --> 00:03:10,280
Speaker 5: Still up though more than sixty six percent so far

65
00:03:10,360 --> 00:03:14,480
Speaker 5: this year. No real catalyst for this move, but again

66
00:03:14,600 --> 00:03:16,520
Speaker 5: still up more than sixty six percent so far this

67
00:03:16,600 --> 00:03:18,840
Speaker 5: year and among the worst performers in the S and

68
00:03:18,880 --> 00:03:20,959
Speaker 5: P five hundred today. The worst performer in the S

69
00:03:21,000 --> 00:03:23,640
Speaker 5: and P five hundred, though, was app Lovin, down five

70
00:03:23,680 --> 00:03:27,400
Speaker 5: point six percent. Shares fell after The New York Post

71
00:03:27,400 --> 00:03:30,080
Speaker 5: reported that state regulators have reached out to multiple short

72
00:03:30,080 --> 00:03:34,160
Speaker 5: sellers and a possible preliminary probe for the mobile advertising company.

73
00:03:34,160 --> 00:03:37,600
Speaker 5: The states include Delaware, Oregon, in Connecticut. The report comes

74
00:03:37,640 --> 00:03:40,640
Speaker 5: after news earlier this month that the SEC has been

75
00:03:40,680 --> 00:03:44,840
Speaker 5: probing app Loven's and data collection practices, and finally, ADRs

76
00:03:44,880 --> 00:03:48,760
Speaker 5: of BNP Perryba closed down nine percent Today. A jury

77
00:03:48,760 --> 00:03:51,480
Speaker 5: found that BNP Periba was liable for its role in

78
00:03:51,600 --> 00:03:55,240
Speaker 5: enabling genocide in Sudan, worrying about twenty one million dollars

79
00:03:55,280 --> 00:03:58,400
Speaker 5: to three plaintiffs. That verdict triggering speculation that the firm

80
00:03:58,400 --> 00:04:00,720
Speaker 5: will have to agree to expensive settlement, with one analyst

81
00:04:00,840 --> 00:04:04,160
Speaker 5: estimating a possible settlement of as much as ten billion dollars.

82
00:04:04,400 --> 00:04:07,600
Speaker 5: Shares in France fell close to eight percent the verdict.

83
00:04:07,640 --> 00:04:10,320
Speaker 5: Those quote specific to these three plainiffs, and any attempt

84
00:04:10,320 --> 00:04:13,640
Speaker 5: to extrapolate is necessarily wrong, as any speculation regarding a

85
00:04:13,640 --> 00:04:17,239
Speaker 5: potential settlement is, the bank said Part Bank in Parts

86
00:04:17,279 --> 00:04:18,839
Speaker 5: said in a statement.

87
00:04:19,080 --> 00:04:21,279
Speaker 1: Let's take a quick look at yields. We did actually

88
00:04:21,279 --> 00:04:23,719
Speaker 1: see prices across the board higher, with most of the

89
00:04:23,760 --> 00:04:26,200
Speaker 1: activity on the longer end of the curve. That push

90
00:04:26,400 --> 00:04:29,039
Speaker 1: your thirty year yield down by about three to four

91
00:04:29,080 --> 00:04:31,960
Speaker 1: basis points. Similar move today for the twenty year. Your

92
00:04:31,960 --> 00:04:34,000
Speaker 1: ten year yield now at three to nine to eight,

93
00:04:34,080 --> 00:04:37,400
Speaker 1: down about three basis pointskis from where it was on Friday.

94
00:04:38,880 --> 00:04:42,880
Speaker 2: This stock Movers report from Bloomberg Radio. Check back with

95
00:04:42,960 --> 00:04:45,560
Speaker 2: us throughout the day for the latest roundup of companies

96
00:04:45,640 --> 00:04:48,719
Speaker 2: making news on Wall Street and for the latest market

97
00:04:48,760 --> 00:04:53,240
Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

98
00:04:53,320 --> 00:04:56,800
Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with

99
00:04:56,880 --> 00:04:58,359
Speaker 2: the Bloomberg Business app.