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Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The.

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Speaker 2: Stock Movers Report, your roundup of companies making moves in

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Speaker 2: the stock market, harnessing the power of Bloomberg data. Let's

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Speaker 2: see about some stocks on the move today.

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Speaker 1: We can do that with Bloomberg's avalon per Now atline,

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Speaker 1: what are you looking at today? Yeah, we can go

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Speaker 1: ahead and start off with ARM Holdings. That's ticker ARM

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Speaker 1: gaining about seventeen percent for its biggest interday leap since

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Speaker 1: last April. That's after the semiconductor devices firm said it

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Speaker 1: will begin to sell its own chips for the first

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Speaker 1: time and another bid for AI sales. Meta has already

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Speaker 1: said that it's going to be the first major customer

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Speaker 1: and the chips will be produced by Taiwan Semiconductor Manufacturing.

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Speaker 1: Raymond James actually upgraded the stock to outperform from market

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Speaker 1: perform on the news of the business shift.

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Speaker 2: All right, sounds good. Next one on your list?

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Speaker 1: Yes, KB Home. That's ticker KBH sliding about five point

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Speaker 1: six percent for its most inter day since December. That's

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Speaker 1: after the homebuilder's second quarter forecast old estimates practically across

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Speaker 1: the board. It also reported revenue and home deliveries for

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Speaker 1: the first quarter that slightly missed expectations. True is saying

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Speaker 1: that the results were generally disappointing, it's somewhatsprising given the

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Speaker 1: growth of new orders and management also saying in the

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Speaker 1: release that concerns surrounding the conflict in the Middle East

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Speaker 1: have introduced another layer of uncertainty for consumers who were

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Speaker 1: already facing a lot of challenges across the macro sphere.

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Speaker 1: All right, one more yes, Turns Pharmaceuticals that's ticker teern,

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Speaker 1: rising about five point five percent to hit a record high.

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Speaker 1: That's after Merk agreed to buy the biotech and a

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Speaker 1: deal valued around six point seven billion dollars. Turns its

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Speaker 1: developing a treatment for a hard to treat type of

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Speaker 1: leukemia that analysts expect could eventually rival novartists. Mark has

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Speaker 1: been on the hunt for new growth drivers as it

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Speaker 1: continues to prep for its blockbuster cancer drug, key Truda,

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Speaker 1: to lose its patent in twenty twenty eight. And important

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Speaker 1: to note that Mazuho is actually calling to steal an

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Speaker 1: excellent outcome for Turns shareholders.

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Speaker 2: This stock mover's rep from Bloomberg Radio check back with

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Speaker 2: us throughout the day. For the latest roundup of companies

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Speaker 2: making news on Wall Street, and for the latest market

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Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with

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Speaker 2: the Bloomberg Business app.