1 00:00:02,520 --> 00:00:07,000 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,920 --> 00:00:19,880 Speaker 3: I'm Jim Stadbeck along with Carol Masser. Let's take a 5 00:00:19,880 --> 00:00:23,959 Speaker 3: look at some stocks today. We're joined by Bloomberg Television 6 00:00:24,000 --> 00:00:28,720 Speaker 3: Markets correspondent Normal Inda with today's stock movers. What is 7 00:00:28,760 --> 00:00:30,600 Speaker 3: going on in the after hours. 8 00:00:30,600 --> 00:00:33,560 Speaker 4: Well, I am looking at some of the crypto link 9 00:00:33,640 --> 00:00:36,040 Speaker 4: stocks that finished higher. I mean, you've been really looking 10 00:00:36,080 --> 00:00:40,080 Speaker 4: at Bitcoin just rallying NonStop. If you look at xbtusd 11 00:00:40,920 --> 00:00:44,800 Speaker 4: ticker up for about one hundred and eleven thousand dollars 12 00:00:44,840 --> 00:00:47,080 Speaker 4: is what it's currently trading at right now. And you're 13 00:00:47,080 --> 00:00:50,160 Speaker 4: seeing a lot of the other companies like hot A, Clean, Spark, 14 00:00:50,200 --> 00:00:52,800 Speaker 4: a few of those other names out here really writing 15 00:00:52,920 --> 00:00:55,520 Speaker 4: the AI wave here, a lot of them expanding into 16 00:00:55,640 --> 00:00:58,320 Speaker 4: artificial intelligence data centers, and you're really starting to see 17 00:00:58,320 --> 00:01:02,040 Speaker 4: that further booing the space even more than it was before. 18 00:01:02,160 --> 00:01:04,480 Speaker 1: Tim Booing is a hard word to say. Sometimes you 19 00:01:04,520 --> 00:01:05,080 Speaker 1: know that I'm. 20 00:01:04,920 --> 00:01:08,680 Speaker 3: Gonna let you take it. You are just sounded out. 21 00:01:08,840 --> 00:01:11,640 Speaker 3: You are Aptain Carroll, and I assume that that is 22 00:01:11,680 --> 00:01:15,679 Speaker 3: a sailing term. Also, which are their booies? Are booi? 23 00:01:16,240 --> 00:01:18,640 Speaker 1: Do you know actually nautical terms? Like, I was just 24 00:01:18,680 --> 00:01:21,399 Speaker 1: watching something on PBS about how the origins of words 25 00:01:21,440 --> 00:01:22,440 Speaker 1: and expressions. 26 00:01:22,560 --> 00:01:25,120 Speaker 3: You look, so I think, what were you watching? I 27 00:01:25,200 --> 00:01:26,720 Speaker 3: want I want to know what you were watching on 28 00:01:26,840 --> 00:01:29,280 Speaker 3: Netflix that you're keeping. This is our weekend watch, mind you, 29 00:01:30,880 --> 00:01:34,920 Speaker 3: Carol the Diplomat. Oh that's really good, Yeah, quite good. 30 00:01:35,200 --> 00:01:37,760 Speaker 1: There's the whole freaking season. Can I say freaking your 31 00:01:37,800 --> 00:01:40,000 Speaker 1: second season? Know the latest one? 32 00:01:40,120 --> 00:01:42,120 Speaker 3: Well, you have to go back and watch like the 33 00:01:42,240 --> 00:01:43,840 Speaker 3: end of I forgot what happened to the first Sea. 34 00:01:44,160 --> 00:01:45,520 Speaker 3: I feel like I have to go back and watch 35 00:01:45,600 --> 00:01:47,880 Speaker 3: like episodes eight and nine and ten or whatever? Did 36 00:01:47,920 --> 00:01:48,400 Speaker 3: you have to say that. 37 00:01:48,440 --> 00:01:50,400 Speaker 1: She's got a new squeeze like me and squeeze like 38 00:01:50,720 --> 00:01:51,360 Speaker 1: my husband are Like? 39 00:01:51,400 --> 00:01:52,320 Speaker 3: Where that come from? 40 00:01:52,800 --> 00:01:55,520 Speaker 1: I'm just saying anyway, thank you Netflix for coming out 41 00:01:55,560 --> 00:01:57,160 Speaker 1: last night, because we had two more episodes. 42 00:01:56,920 --> 00:02:00,360 Speaker 3: Netflix Earnings later this week. We're keeping it on see task, 43 00:02:01,520 --> 00:02:02,560 Speaker 3: We're focusing. 44 00:02:02,240 --> 00:02:03,000 Speaker 2: On our world. 45 00:02:03,040 --> 00:02:04,080 Speaker 1: Okay, where do you want to go next? 46 00:02:04,240 --> 00:02:07,400 Speaker 4: Let's look at some names that ended lower today in trading. 47 00:02:07,520 --> 00:02:11,720 Speaker 4: So Getty images and shutter Shock both of those companies tumbled. 48 00:02:11,760 --> 00:02:14,320 Speaker 4: We got Getty that's ticker g E t Y and 49 00:02:14,400 --> 00:02:16,840 Speaker 4: Shutter Shock S S t K, both. 50 00:02:16,680 --> 00:02:17,600 Speaker 3: Of them lower H. 51 00:02:17,880 --> 00:02:20,880 Speaker 4: This is after the UK's Competition and Markets authorities said 52 00:02:20,880 --> 00:02:23,480 Speaker 4: that their merger may be expected to result in a 53 00:02:23,520 --> 00:02:27,400 Speaker 4: substantial lessening of competition here. So I mean, of course 54 00:02:27,440 --> 00:02:29,720 Speaker 4: you are seeing some pressure to both of those thoughts. If, 55 00:02:29,760 --> 00:02:31,160 Speaker 4: of course, if you hear that news, that's not what 56 00:02:31,320 --> 00:02:31,880 Speaker 4: investors have. 57 00:02:31,960 --> 00:02:34,880 Speaker 1: Regulators heard about A did they just hear the interview 58 00:02:35,000 --> 00:02:37,520 Speaker 1: that we did on Bloomberg Adobe, Like people are going 59 00:02:37,600 --> 00:02:40,120 Speaker 1: to be creating images like there could be competition. You're 60 00:02:40,160 --> 00:02:42,760 Speaker 1: going to create images, Tim, I'm going to create images. 61 00:02:43,000 --> 00:02:44,680 Speaker 1: Nor you're going to create I. 62 00:02:44,720 --> 00:02:47,040 Speaker 3: Think people call the AI slop. 63 00:02:47,919 --> 00:02:49,680 Speaker 4: Yes, do you make that up? 64 00:02:49,880 --> 00:02:49,919 Speaker 2: No? 65 00:02:50,240 --> 00:02:52,280 Speaker 3: No, I wish I should take Yeah, people take credit 66 00:02:52,360 --> 00:02:54,120 Speaker 3: for I mean that people actually say that I cannot 67 00:02:54,120 --> 00:02:54,519 Speaker 3: take credit for. 68 00:02:55,080 --> 00:02:56,640 Speaker 1: I'm terrified. I'm terrified. 69 00:02:56,720 --> 00:02:59,400 Speaker 4: Let's talk Apple, Apple, I mean we cannot get through 70 00:02:59,400 --> 00:03:01,920 Speaker 4: this conversation with I'll talking about Apple. Massive day for them, 71 00:03:02,000 --> 00:03:04,840 Speaker 4: of course, hitting your first record of twenty twenty five. 72 00:03:05,240 --> 00:03:07,320 Speaker 4: And this is after a lot of the optimism that 73 00:03:07,400 --> 00:03:10,240 Speaker 4: we saw for AI demand coming from the US and China. 74 00:03:10,360 --> 00:03:13,679 Speaker 4: This in particular from the iPhone seventeen series, which is 75 00:03:13,720 --> 00:03:16,239 Speaker 4: the most recent series that we saw drop, and this 76 00:03:16,400 --> 00:03:18,720 Speaker 4: is a fourteen percent uptick in sales, and what we 77 00:03:18,800 --> 00:03:22,160 Speaker 4: saw from the previous lineup, which was the iPhone sixteen. 78 00:03:22,160 --> 00:03:25,960 Speaker 4: I'm losing count as I speak, seventeen. Yeah, seven, we're 79 00:03:26,000 --> 00:03:26,760 Speaker 4: on seventeen now. 80 00:03:26,840 --> 00:03:27,840 Speaker 3: But that's really what we're. 81 00:03:27,720 --> 00:03:29,840 Speaker 4: Seeing pushing this stock higher. And of course we know 82 00:03:29,960 --> 00:03:32,280 Speaker 4: that this is a stock that has barely gained what 83 00:03:32,440 --> 00:03:34,440 Speaker 4: maybe five percent year to date. It's up four point 84 00:03:34,480 --> 00:03:36,680 Speaker 4: seven percent so far this year or so. This is 85 00:03:36,760 --> 00:03:39,240 Speaker 4: some fantastic news for the company. You were definitely seeing 86 00:03:39,400 --> 00:03:41,160 Speaker 4: Wall Street investors celebrating today. 87 00:03:41,320 --> 00:03:43,960 Speaker 3: Well, speaking of celebrating, we're seeing shares of some regional 88 00:03:44,040 --> 00:03:44,920 Speaker 3: banks move higher. 89 00:03:45,160 --> 00:03:45,440 Speaker 1: Thank you. 90 00:03:45,920 --> 00:03:48,640 Speaker 3: Also in the after hours, let's start with Western Alliance. 91 00:03:49,080 --> 00:03:51,520 Speaker 1: Well, let's do that because thank you, first of all, 92 00:03:51,680 --> 00:03:54,160 Speaker 1: Zions for coming out right, because they came out with 93 00:03:54,200 --> 00:03:57,560 Speaker 1: their earnings and we know both Scions and Western Alliance, 94 00:03:58,760 --> 00:04:00,000 Speaker 1: you know, there's a little bit of a freak out 95 00:04:00,120 --> 00:04:04,320 Speaker 1: last week in terms of concerns about credit concerns, and 96 00:04:04,440 --> 00:04:07,160 Speaker 1: then we saw the stock kind of turn around the 97 00:04:07,240 --> 00:04:08,760 Speaker 1: fall first of all, we had twenty four hours we 98 00:04:08,840 --> 00:04:11,200 Speaker 1: were worried about like regional banking crisis two point zero, 99 00:04:11,640 --> 00:04:13,280 Speaker 1: and then within twenty four hours I think we started 100 00:04:13,320 --> 00:04:15,720 Speaker 1: to get here from the bank about credit losses and 101 00:04:15,880 --> 00:04:18,839 Speaker 1: feeling like it was a self contained thing. Well, Zions 102 00:04:18,880 --> 00:04:22,400 Speaker 1: came out with their earnings, confirmed their loan losses right 103 00:04:22,640 --> 00:04:25,920 Speaker 1: in terms of what we were expecting, and it looks 104 00:04:25,960 --> 00:04:28,200 Speaker 1: like there's no other concern. So Zion's is rallying in 105 00:04:28,240 --> 00:04:29,640 Speaker 1: the aftermarket. 106 00:04:29,240 --> 00:04:32,680 Speaker 3: And we're also seeing Western Alliance rally in the aftermarket 107 00:04:32,880 --> 00:04:36,240 Speaker 3: right now. Western Alliance shares up three point three percent 108 00:04:36,520 --> 00:04:38,920 Speaker 3: this after the results coming from Zions. 109 00:04:39,120 --> 00:04:42,960 Speaker 1: Take our WL and then Zions ticker ZIO and that's 110 00:04:43,360 --> 00:04:45,840 Speaker 1: rather makes sense there, and that's up about three percent. 111 00:04:45,960 --> 00:04:47,280 Speaker 1: So we just wanted to throw that in there. 112 00:04:47,560 --> 00:04:51,560 Speaker 3: So Zion's higher and then Western Alliance higher and sympathy. 113 00:04:51,839 --> 00:04:55,320 Speaker 1: Yeah yeah, right, different tone than what we got last week. 114 00:04:55,440 --> 00:04:58,200 Speaker 1: Oh yeah, for sure, good stuff. All right, We're going 115 00:04:58,240 --> 00:05:00,440 Speaker 1: to certainly be watching all of these names and certainly 116 00:05:00,720 --> 00:05:03,440 Speaker 1: other regional banks into the Tuesday trade. Nora, thank you 117 00:05:03,520 --> 00:05:05,919 Speaker 1: so much. Bloomberg TV Markets correspondent Normal Linda. 118 00:05:07,200 --> 00:05:11,400 Speaker 2: The stockmovers report from Bloomberg Radio. Check back with us 119 00:05:11,480 --> 00:05:14,239 Speaker 2: throughout the day for the latest roundup of companies making 120 00:05:14,360 --> 00:05:17,919 Speaker 2: news on Wall Street and for the latest market moving headlines. 121 00:05:18,160 --> 00:05:22,159 Speaker 2: Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg 122 00:05:22,240 --> 00:05:25,280 Speaker 2: dot com, and on Applecarplay and Android Auto with the 123 00:05:25,320 --> 00:05:26,640 Speaker 2: Bloomberg Business app.