Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The Stock Movers Report,
Speaker 1: your roundup of companies making moves in the stock market
Speaker 1: harnessing the power of Bloomberg Data. Let's take a look
Speaker 1: at some stocks on the move today. I'm Tom Keen
Speaker 1: with Paul Sweeney and Bloomberg's Lisa Matteo.
Speaker 2: We've been talking about bitcoin right nearing a record demand
Speaker 2: from institutional investors, corporate treasury buyers, US spot ETFs A
Speaker 2: shift and sentiment, all of this digital asset treasury companies
Speaker 2: a massive bitcoin stockpile worth one hundred and thirteen billion dollars. Okay,
Speaker 2: so bitcoin it's rose as much as three point three
Speaker 2: percent before this morning to top about one hundred and
Speaker 2: twenty two thousand. The previous all time high. This road
Speaker 2: to trying to beat is one hundred and twenty three thousand,
Speaker 2: two hundred and five. So that's why cryptocurrency stocks like coinbase,
Speaker 2: tick her coi n They're up about five percent. Then
Speaker 2: you look at a few others, Riot platforms tick her
Speaker 2: Riot up three percent. Yeah, Mara Holding's mar A up
Speaker 2: three percent. Even micro Strategy mstr up up at.
Speaker 3: She gets all these names from her kids, Idy exactly
Speaker 3: as they're on their laptop.
Speaker 2: So in Vidia and AMD, we've been talking about this, right,
Speaker 2: shares have been falling.
Speaker 3: The reason why, so source is.
Speaker 2: Saying they agreed to pay fifteen percent of their revenues
Speaker 2: from Chinese Aichip sales to the government, reportedly to the
Speaker 2: deal to secure export licenses.
Speaker 3: Is it like a done deal. It's not a done deal.
Speaker 3: These are still sources. It's not. Nothing is a done deal.
Speaker 2: But they're saying it's just part of President Trump's effort
Speaker 2: to try and get financial payout for the US in
Speaker 2: return for concessions on trade.
Speaker 3: So that's the reason they're saying.
Speaker 2: I mean, it's shown kind of this willingness to relax
Speaker 2: trade conditions like tariffs and return for giant investments like
Speaker 2: we heard that with Apple. Right, they're pledged to spend
Speaker 2: six hundred billion dollars on domestic manufacturing. But all that said,
Speaker 2: I mean, and video shares have dropped as much as
Speaker 2: one hundred and one and a half percent. AMD fell
Speaker 2: as much as for he loves this okay rumble and
Speaker 2: you're saying.
Speaker 3: This another sharing bonus.
Speaker 2: He loves this video sharing platform cloud services provider.
Speaker 3: It's ticker R u M. But they've been jumping as
Speaker 3: much as fifteen percent. Okay.
Speaker 2: The reason why is because there's word that they're considering
Speaker 2: a one point two billion dollar bid for German AI
Speaker 2: cloud computing group Northern Data.
Speaker 3: And this involves kids.
Speaker 1: This is love.
Speaker 3: This has no idea what she's talking about. This is
Speaker 3: what you're gonna love.
Speaker 2: It actually involves cryptocurrency company company Tether and how this
Speaker 2: moves on their Northern Data's biggest shareholder.
Speaker 3: That's how Rumble is based in Longboat Key, Florida. Oh okay,
Speaker 3: a lot of That's a good place down there. Case,
Speaker 3: do you have anything else? Wait for the next one here? Wait,
Speaker 3: this is this is the kick Monday dot Com. Sure
Speaker 3: don loves this one.
Speaker 2: Andy down as much as eighteen percent.
Speaker 3: Okay.
Speaker 2: Their second quarter results they were better. The whole thing
Speaker 2: why their shares are lower is what the article is
Speaker 2: saying is that there're been concerns that companies are pulling
Speaker 2: back their IT spending budgets. So that's what they think
Speaker 2: it's going to affect Monday dot Com.
Speaker 1: The Stockmovers Report from Bloomberg Radio. Check back with us
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