1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The Stock Movers Report, 2 00:00:10,240 --> 00:00:13,440 Speaker 1: your roundup of companies making moves in the stock market 3 00:00:13,680 --> 00:00:17,880 Speaker 1: harnessing the power of Bloomberg Data. Let's take a look 4 00:00:17,880 --> 00:00:20,480 Speaker 1: at some stocks on the move today. I'm Tom Keen 5 00:00:20,560 --> 00:00:23,200 Speaker 1: with Paul Sweeney and Bloomberg's Lisa Matteo. 6 00:00:23,280 --> 00:00:26,400 Speaker 2: We've been talking about bitcoin right nearing a record demand 7 00:00:26,440 --> 00:00:29,720 Speaker 2: from institutional investors, corporate treasury buyers, US spot ETFs A 8 00:00:29,800 --> 00:00:33,320 Speaker 2: shift and sentiment, all of this digital asset treasury companies 9 00:00:33,320 --> 00:00:38,160 Speaker 2: a massive bitcoin stockpile worth one hundred and thirteen billion dollars. Okay, 10 00:00:38,200 --> 00:00:41,480 Speaker 2: so bitcoin it's rose as much as three point three 11 00:00:41,560 --> 00:00:44,400 Speaker 2: percent before this morning to top about one hundred and 12 00:00:44,400 --> 00:00:47,320 Speaker 2: twenty two thousand. The previous all time high. This road 13 00:00:47,360 --> 00:00:49,520 Speaker 2: to trying to beat is one hundred and twenty three thousand, 14 00:00:49,560 --> 00:00:53,480 Speaker 2: two hundred and five. So that's why cryptocurrency stocks like coinbase, 15 00:00:53,600 --> 00:00:56,920 Speaker 2: tick her coi n They're up about five percent. Then 16 00:00:56,920 --> 00:00:59,440 Speaker 2: you look at a few others, Riot platforms tick her 17 00:00:59,640 --> 00:01:04,479 Speaker 2: Riot up three percent. Yeah, Mara Holding's mar A up 18 00:01:04,520 --> 00:01:07,920 Speaker 2: three percent. Even micro Strategy mstr up up at. 19 00:01:08,920 --> 00:01:11,560 Speaker 3: She gets all these names from her kids, Idy exactly 20 00:01:11,800 --> 00:01:12,800 Speaker 3: as they're on their laptop. 21 00:01:13,880 --> 00:01:17,280 Speaker 2: So in Vidia and AMD, we've been talking about this, right, 22 00:01:17,319 --> 00:01:18,400 Speaker 2: shares have been falling. 23 00:01:18,959 --> 00:01:20,280 Speaker 3: The reason why, so source is. 24 00:01:20,200 --> 00:01:23,000 Speaker 2: Saying they agreed to pay fifteen percent of their revenues 25 00:01:23,000 --> 00:01:25,800 Speaker 2: from Chinese Aichip sales to the government, reportedly to the 26 00:01:25,920 --> 00:01:27,839 Speaker 2: deal to secure export licenses. 27 00:01:28,200 --> 00:01:30,640 Speaker 3: Is it like a done deal. It's not a done deal. 28 00:01:30,680 --> 00:01:33,839 Speaker 3: These are still sources. It's not. Nothing is a done deal. 29 00:01:33,880 --> 00:01:36,680 Speaker 2: But they're saying it's just part of President Trump's effort 30 00:01:36,720 --> 00:01:39,920 Speaker 2: to try and get financial payout for the US in 31 00:01:39,959 --> 00:01:41,440 Speaker 2: return for concessions on trade. 32 00:01:41,480 --> 00:01:42,600 Speaker 3: So that's the reason they're saying. 33 00:01:42,640 --> 00:01:44,920 Speaker 2: I mean, it's shown kind of this willingness to relax 34 00:01:45,040 --> 00:01:48,600 Speaker 2: trade conditions like tariffs and return for giant investments like 35 00:01:48,600 --> 00:01:50,720 Speaker 2: we heard that with Apple. Right, they're pledged to spend 36 00:01:50,760 --> 00:01:55,200 Speaker 2: six hundred billion dollars on domestic manufacturing. But all that said, 37 00:01:55,240 --> 00:01:57,120 Speaker 2: I mean, and video shares have dropped as much as 38 00:01:57,120 --> 00:01:59,560 Speaker 2: one hundred and one and a half percent. AMD fell 39 00:01:59,560 --> 00:02:03,840 Speaker 2: as much as for he loves this okay rumble and 40 00:02:03,960 --> 00:02:04,600 Speaker 2: you're saying. 41 00:02:04,520 --> 00:02:06,880 Speaker 3: This another sharing bonus. 42 00:02:07,160 --> 00:02:11,119 Speaker 2: He loves this video sharing platform cloud services provider. 43 00:02:11,160 --> 00:02:13,760 Speaker 3: It's ticker R u M. But they've been jumping as 44 00:02:13,840 --> 00:02:16,000 Speaker 3: much as fifteen percent. Okay. 45 00:02:16,280 --> 00:02:19,359 Speaker 2: The reason why is because there's word that they're considering 46 00:02:19,400 --> 00:02:21,839 Speaker 2: a one point two billion dollar bid for German AI 47 00:02:21,919 --> 00:02:24,560 Speaker 2: cloud computing group Northern Data. 48 00:02:24,680 --> 00:02:27,280 Speaker 3: And this involves kids. 49 00:02:27,480 --> 00:02:28,400 Speaker 1: This is love. 50 00:02:28,480 --> 00:02:31,240 Speaker 3: This has no idea what she's talking about. This is 51 00:02:31,280 --> 00:02:32,079 Speaker 3: what you're gonna love. 52 00:02:32,480 --> 00:02:39,520 Speaker 2: It actually involves cryptocurrency company company Tether and how this 53 00:02:39,680 --> 00:02:42,880 Speaker 2: moves on their Northern Data's biggest shareholder. 54 00:02:43,000 --> 00:02:47,720 Speaker 3: That's how Rumble is based in Longboat Key, Florida. Oh okay, 55 00:02:48,200 --> 00:02:51,400 Speaker 3: a lot of That's a good place down there. Case, 56 00:02:51,600 --> 00:02:55,280 Speaker 3: do you have anything else? Wait for the next one here? Wait, 57 00:02:55,720 --> 00:02:58,359 Speaker 3: this is this is the kick Monday dot Com. Sure 58 00:02:58,680 --> 00:02:59,680 Speaker 3: don loves this one. 59 00:02:59,800 --> 00:03:03,520 Speaker 2: Andy down as much as eighteen percent. 60 00:03:03,600 --> 00:03:03,880 Speaker 3: Okay. 61 00:03:03,919 --> 00:03:06,639 Speaker 2: Their second quarter results they were better. The whole thing 62 00:03:06,720 --> 00:03:08,760 Speaker 2: why their shares are lower is what the article is 63 00:03:08,800 --> 00:03:10,919 Speaker 2: saying is that there're been concerns that companies are pulling 64 00:03:10,919 --> 00:03:13,800 Speaker 2: back their IT spending budgets. So that's what they think 65 00:03:13,840 --> 00:03:17,079 Speaker 2: it's going to affect Monday dot Com. 66 00:03:17,120 --> 00:03:21,359 Speaker 1: The Stockmovers Report from Bloomberg Radio. Check back with us 67 00:03:21,360 --> 00:03:24,160 Speaker 1: throughout the day for the latest roundup of companies making 68 00:03:24,240 --> 00:03:27,880 Speaker 1: news on Wall Street and for the latest market moving headlines. 69 00:03:28,080 --> 00:03:32,080 Speaker 1: Listen to Bloomberg Radio Live. Catch us on YouTube, Bloomberg 70 00:03:32,120 --> 00:03:35,200 Speaker 1: dot com, and on Applecarplay and Android Auto with the 71 00:03:35,240 --> 00:03:36,600 Speaker 1: Bloomberg Business app.