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Speaker 1: Bloomberg Audio Studios, Podcasts, radio News.

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Speaker 2: This is the closing bell on this stock movers report.

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Speaker 2: The company's making moves at the close of US trading

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Speaker 2: with Carol Masser, Tim Stenebeck, Romain Bostik, and Scarlett Food.

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Speaker 3: Number one gainer Intel, Let's go right to it.

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Speaker 4: That's stock up as much as almost nine percent today,

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Speaker 4: finishing with a seven point four percent gain. Again, it's

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Speaker 4: that story that our team just put out about the

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Speaker 4: Trump administration in talks to have the US government potentially

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Speaker 4: take a stake in the beleaguer chip maker, helping support

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Speaker 4: the company's efforts to really expand domestic manufacturing. Again, according

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Speaker 4: to people familiar, maybe we'll go back to gainers.

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Speaker 3: But Matt, you've got some earnings. Yeah to thea.

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Speaker 5: I mean, since we're on chips, and I know a

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Speaker 5: lot of people watch this show for the breaking earnings news.

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Speaker 5: At the close, we've got Applied Materials coming out with

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Speaker 5: third quarter semiconductor system sales of five point four to

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Speaker 5: three billion dollars. The estimate was for five point three

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Speaker 5: nine billion dollars. The revenue on that level just a

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Speaker 5: little bit stronger than expected. Net sales were seven point

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Speaker 5: three billion in total, and that beats the estimate by

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Speaker 5: almost one hundred million. Seven point twenty one billion was

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Speaker 5: the estimate, so better than expected on the sales side

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Speaker 5: in terms of getting down to the bottom of the

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Speaker 5: income statement adjusted EPs two point four eight dollars and

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Speaker 5: we were looking for two thirty six. So two forty

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Speaker 5: eight over two thirty six is a beat for am

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Speaker 5: AT And is that enough to move the stock in

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Speaker 5: the after hours? Trase, Well, it's moving down though if

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Speaker 5: it beats on the top and bottom line, it should

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Speaker 5: be moving up. We have to dig into this statement

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Speaker 5: to figure out what's going on at am AT.

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Speaker 4: Yeah, pretty negative in terms of the trade that we're

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Speaker 4: seeing here in the after hours. All right, folks, I'm

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Speaker 4: going to go back to some of the stocks on

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Speaker 4: the move here. I mentioned Intel, which was the number

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Speaker 4: one gainer in the s and P five hundred got

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Speaker 4: to talk about some of the IPOs.

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Speaker 3: We've seen some flow this week in a big way.

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Speaker 4: My axe tickers m IAX, having its first day of

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Speaker 4: trading its IPO, the exchange operator, became the most recent

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Speaker 4: financial services business to really get a war welcome on

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Speaker 4: Wall Street. The stock closing with a nearly thirty four

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Speaker 4: percent gain in today's sessions.

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Speaker 5: Is it weird, well, that an exchange operator would go

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Speaker 5: public on another exchange.

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Speaker 3: You know, Matt, we're living in with so many times.

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Speaker 3: It is.

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Speaker 6: A lot to Can you go public on yourself?

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Speaker 4: Doesn't it play a lot into derivatives and options? And

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Speaker 4: I don't know, maybe it's another option.

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Speaker 5: I mean, yes, you can go public on your own exchange, right,

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Speaker 5: we see that with Ice all of the other exchanges.

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Speaker 6: Yeah, so why don't they.

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Speaker 2: I don't know.

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Speaker 1: Speaking of exchanges, how about Bullish.

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Speaker 4: Let's go to bullish another ipo this week?

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Speaker 3: Well done? Well done?

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Speaker 4: That went up another almost ten percent in today's session.

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Speaker 4: That's after at its highs yesterday more than two hundred percent,

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Speaker 4: but really rallying for a second day. So yeah, it's

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Speaker 4: been kind of a good week for IPOs.

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Speaker 3: So let's go to those that didn't do so well.

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Speaker 1: Yeah.

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Speaker 6: John Deere Deer tumbling today, down as much as eight

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Speaker 6: point four percent earlier in the session, down six point

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Speaker 6: seven percent on the day, the company trimming its annual

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Speaker 6: earnings outlook. In fact, lower grain prices are causing struggling

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Speaker 6: farmers to delay buying new machinery that hitting the company's

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Speaker 6: top line. Deer also saying tariffs such as those on

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Speaker 6: still aluminum are eating into profits and segments for small

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Speaker 6: agricultural interf as well as construction and forestry. The company

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Speaker 6: did estimate that tariff costs for the fiscal year would

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Speaker 6: be six hundred million dollars. That's up from a previous

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Speaker 6: estimate of five hundred million dollars. Coherent down nineteen point

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Speaker 6: six percent today. It's the optical materials and semiconductor device company.

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Speaker 6: Shares fell after the company late yesterday gave an outlook

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Speaker 6: that some analysts said was underwhelming. It also said it

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Speaker 6: would sell its aerospace and defense business to Advent for

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Speaker 6: four hundred million dollars. Companies that call Coherent a supplier

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Speaker 6: includes Cisco, Hpe, Dell, Nokia, and Vidia, Apple and More,

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Speaker 6: and finally Tapestry. It's the parent company of Coach, Kate's

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Speaker 6: Spade and Stuart Whiteesman's shares fellow as much as eighteen

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Speaker 6: percent earlier in the session, today down sixteen percent at

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Speaker 6: the end of the day. Tariff costs weakness when it

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Speaker 6: comes to the Kate Spraed Spade brand. The company's Coach

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Speaker 6: brand is still doing well but President Trump's tariff's weight

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Speaker 6: on profit on a profit outlook that trailed estimates according

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Speaker 6: to some analysts.

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Speaker 1: Katie I will say that Tapestry did have a very

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Speaker 1: high bard clear I think coming into earnings their shares

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Speaker 1: were up something like fifty something percent year today. Actually

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Speaker 1: they're still higher by fifty percent year today, even higher

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Speaker 1: heading into earnings. I do want to quickly talk about

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Speaker 1: Hymns and Hers health dropping after hours right now, currently

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Speaker 1: off by about two point four percent. We just got

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Speaker 1: this headline that hims and Hers is being probed by

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Speaker 1: the FDC over cancelation practices. Don't have much detail beyond

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Speaker 1: that headline, but you can see traders reacting to that

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Speaker 1: in the after hours. Shure's currently off by about two percent.

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Speaker 3: Matt Miller, I.

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Speaker 4: Should point out too that there's a couple of press

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Speaker 4: releases crossing in terms of law firms involved, I guess

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Speaker 4: class actions against Hymns and Hers, and it has to

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Speaker 4: do with false or misleading statements. Hymns and Hers was

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Speaker 4: engaged in the deceptive promotion sale of illegitimate knockoff versions

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Speaker 4: of week GOVI, so it gets into kind of their

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Speaker 4: core business. Anyway, there's a lot of detail in there,

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Speaker 4: but it's all starting to trickle out, and that stock

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Speaker 4: is definitely.

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Speaker 5: I dodged a bullet there, right, it's just about to

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Speaker 5: buy that stuff.

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