Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: This is the closing bell on this stock movers report
Speaker 2: the company's making moves at the close of US trading
Speaker 2: with Carol Masser, Tim Stenebeck, Romain Bostick and Scarlet Food folks.
Speaker 3: This rally today pretty broad based, Katie. We've got four
Speaker 3: hundred and fourteen names in the s and P five
Speaker 3: hundred higher in today's session, eighty five to the downside
Speaker 3: for unchanged.
Speaker 4: Well, the circle probably says the same thing when you
Speaker 4: take a look at the sectors nine finishing in the green,
Speaker 4: just two in the red. Communications services, materials, industrials, those
Speaker 4: are some of your biggest winners today. Then you take
Speaker 4: a look at what didn't do too hot, consumer staples, utilities.
Speaker 4: Those are typically defensive sectors. To see them down just
Speaker 4: a little bit here really speaks to just how risk
Speaker 4: gone this Monday was.
Speaker 3: All right, guys, with all that green lots to choose from.
Speaker 1: I just want to point out something too, just to
Speaker 1: be clear here. The NAZA one hundred did close at
Speaker 1: a record high, but not the composite.
Speaker 3: Okay, good to know, Good to know, hey, Having said that,
Speaker 3: a good reason why we saw that composite moving up
Speaker 3: on this Monday Apple Apple shares finishing off the highs
Speaker 3: of this session, but still with a gain of just
Speaker 3: shy of four percent, hitting their first record of twenty
Speaker 3: twenty five after Luke Capitol upgraded the stock to buy
Speaker 3: from Hull, becoming the latest firm to cite positive iPhone demands.
Speaker 3: We did have reporting out on the terminal about Apple's
Speaker 3: latest generation of iPhones. We're talking about the iPhone seventeen
Speaker 3: series off to a faster start than usual with its
Speaker 3: most basic model surging and popularity. So man, that was
Speaker 3: certainly a lot of momentum in today's trade. Got to
Speaker 3: mention Cleveland Cliffs, that stock up just about twenty one
Speaker 3: and a half percent today after the company posted stronger
Speaker 3: than expected earnings and disclosed a pact with another metal producer.
Speaker 3: The companies said it discovered two sites with potential to
Speaker 3: produce rare earth minerals, one in Michigan another in Minnesota,
Speaker 3: and as evaluating whether rare earth minerals can be extracted
Speaker 3: from those minds. So again, that trade, that play, we
Speaker 3: continue to see that having momentum here in twenty twenty five.
Speaker 3: Got to mention Zions, We are waiting that company to
Speaker 3: report earnings. That regional bank stock up four point six
Speaker 3: percent today's session, higher after wild week last week on
Speaker 3: concerns about credit. The stock, as we mentioned, hired today today,
Speaker 3: gain of about nine percent in today's session after dropping
Speaker 3: five percent last week.
Speaker 1: But we'll wait for.
Speaker 3: An update on its business as it gets ready to
Speaker 3: report in any moment. And just honorable mention those rare
Speaker 3: earth and critical mineral stocks on the move, US Antimony
Speaker 3: among them. This after William Blair came out and talked
Speaker 3: about these companies initiating the companies at an outperform. I
Speaker 3: just had to mention because we talked to US Antimony today,
Speaker 3: the CEO that stock was up nineteen percent today's session.
Speaker 5: Is a big move higher, especially for that company. That's
Speaker 5: what does it more than doubled so far this year. Yeah,
Speaker 5: like four percent is not like five hundred pcent pretty incredible.
Speaker 3: Hey.
Speaker 5: Some of the stocks in the red, not too many,
Speaker 5: but a couple prominent ones. I want to start with
Speaker 5: Oracle down four point nine percent. Hears fell for a
Speaker 5: second day in a row. They were fell close to
Speaker 5: seven percent on Friday, down another close to five percent today.
Speaker 5: Still up though more than sixty six percent so far
Speaker 5: this year. No real catalyst for this move, but again
Speaker 5: still up more than sixty six percent so far this
Speaker 5: year and among the worst performers in the S and
Speaker 5: P five hundred today. The worst performer in the S
Speaker 5: and P five hundred, though, was app Lovin, down five
Speaker 5: point six percent. Shares fell after The New York Post
Speaker 5: reported that state regulators have reached out to multiple short
Speaker 5: sellers and a possible preliminary probe for the mobile advertising company.
Speaker 5: The states include Delaware, Oregon, in Connecticut. The report comes
Speaker 5: after news earlier this month that the SEC has been
Speaker 5: probing app Loven's and data collection practices, and finally, ADRs
Speaker 5: of BNP Perryba closed down nine percent Today. A jury
Speaker 5: found that BNP Periba was liable for its role in
Speaker 5: enabling genocide in Sudan, worrying about twenty one million dollars
Speaker 5: to three plaintiffs. That verdict triggering speculation that the firm
Speaker 5: will have to agree to expensive settlement, with one analyst
Speaker 5: estimating a possible settlement of as much as ten billion dollars.
Speaker 5: Shares in France fell close to eight percent the verdict.
Speaker 5: Those quote specific to these three plainiffs, and any attempt
Speaker 5: to extrapolate is necessarily wrong, as any speculation regarding a
Speaker 5: potential settlement is, the bank said Part Bank in Parts
Speaker 5: said in a statement.
Speaker 1: Let's take a quick look at yields. We did actually
Speaker 1: see prices across the board higher, with most of the
Speaker 1: activity on the longer end of the curve. That push
Speaker 1: your thirty year yield down by about three to four
Speaker 1: basis points. Similar move today for the twenty year. Your
Speaker 1: ten year yield now at three to nine to eight,
Speaker 1: down about three basis pointskis from where it was on Friday.
Speaker 2: This stock Movers report from Bloomberg Radio. Check back with
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