WEBVTT - Closing Bell: Sportradar Jumps, Campbell's Down, Ensign Drop

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, Radio News.

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<v Speaker 2>This is the closing bell on the stock movers report

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<v Speaker 2>the companies making moves at the close of US trading

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<v Speaker 2>with Carol Masser, Tim Stenobeck, Romain Bostik, and Katie Greifel.

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<v Speaker 3>All right, so let's get to some of the individual gainers.

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<v Speaker 3>And I'm going to start with the semiconductor names because

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<v Speaker 3>they were such a standout. As we mentioned, the socks

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<v Speaker 3>hire by five point six percent, all thirty names in

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<v Speaker 3>the index higher in today's session. Intel was the top

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<v Speaker 3>gainer in the socks, also in the s and P

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<v Speaker 3>five hundred and the Nasdaq one hundred. So you have

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<v Speaker 3>Intel up more than eleven percent, shares rising the most

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<v Speaker 3>of a month after The Information reported that Alphabet's Google

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<v Speaker 3>will rely on Intel for more than three million specialized

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<v Speaker 3>AI chips. In twenty twenty eight, Google deciding to tap

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<v Speaker 3>Intel to make some of its tensor processing units TPUs

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<v Speaker 3>for those in the know, after months of testing the

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<v Speaker 3>chipmaker's technology. Again, this is coming from the Information. Citing

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<v Speaker 3>two unnamed sources, the media outlet report that Intel is

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<v Speaker 3>receiving orders from firms like Google as the Taiwanese chip

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<v Speaker 3>maker Taiwan's semiconductor struggles to keep up with demand for

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<v Speaker 3>its manufacturing capacity. Keep in mind, man Intel has been

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<v Speaker 3>such an outperformer in twenty twenty six. That stock is

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<v Speaker 3>up about two hundred percent year to date. All Right,

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<v Speaker 3>flip it on over to something maybe a sign of

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<v Speaker 3>the times. Perhaps we're talking about sport Radar group. This

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<v Speaker 3>stock rallying and jumping the most in about fourteen months.

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<v Speaker 3>Heavy volume as well. That stock, as you can see,

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<v Speaker 3>up nearly ten percent in today's session. The sports technology

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<v Speaker 3>company announced a multi year global agreement with Calshi to

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<v Speaker 3>provide sports data and solutions for the Prediction market platform

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<v Speaker 3>that they put out in a statement. Sports Radar will

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<v Speaker 3>supply additional will supply excuse me, official data from MLB, NHL,

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<v Speaker 3>MLS and UFC. The agreement allows sport Radar to contract

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<v Speaker 3>directly with how She's brokers and market makers. Services included

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<v Speaker 3>live odds, fan engagement tools and integrity monitoring. As I said,

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<v Speaker 3>it's kind of a sign of the times. That company,

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<v Speaker 3>it's about a four point seven billion a billion dollar

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<v Speaker 3>market cap. It's down about thirty six percent year to date,

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<v Speaker 3>five percent.

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<v Speaker 4>Would you put on the game tonight?

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<v Speaker 3>Carol, but I'm going to go for the Knicks all in.

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<v Speaker 1>How about all in?

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<v Speaker 4>Okay, she's all in.

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<v Speaker 3>Yeah, I'm not gonna all right, I'm not going to

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<v Speaker 3>hedge at all, so we might not see you tomorrow.

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<v Speaker 3>Ooh ouch, okay, I'm going I'm going to think. Come on, Nix,

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<v Speaker 3>they've got to do it. It's been a long time coming. Hey,

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<v Speaker 3>and let's go on over to clean energy stocks. They

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<v Speaker 3>were definitely on the move today, including Nano Nuclear Energy.

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<v Speaker 3>I couldn't really find a clear catalyst on the Bloomberg.

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<v Speaker 3>It's a one point four billion dollar market cap company.

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<v Speaker 3>It was up though, about nine point seven percent, up

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<v Speaker 3>almost thirteen percent. That's highs today, Benzinga Newswire, noting that

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<v Speaker 3>the stock is continuing to benefit from the EPA Administrator

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<v Speaker 3>Lee Zelden's recent commentary supporting small model reactor development as

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<v Speaker 3>a national energy priority. Keep in mind a little caveat.

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<v Speaker 3>Insiders have been aggressive sellers, with the company's chairman offloading

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<v Speaker 3>seven hundred thousand shares at roughly twenty six sixty eight

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<v Speaker 3>last week. Tim and I, by the way, we'll be

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<v Speaker 3>talking with the company CEO, James Walker in just a

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<v Speaker 3>few minutes. All right, that's it.

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<v Speaker 4>All right, let's get to some of the decliners. I

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<v Speaker 4>want to start with the big one today, a little

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<v Speaker 4>bit of a food theme for you guys. I want

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<v Speaker 4>to start with Apple down one point nine percent on

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<v Speaker 4>the day. Today shares we're up as much as three

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<v Speaker 4>point three percent. Earlier in the session they fell as

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<v Speaker 4>much as two percent. This is a tepid reaction to

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<v Speaker 4>the next generation of AI from Apple, or this generation.

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<v Speaker 4>I guess you could say it's key to the company's

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<v Speaker 4>bid to catch up with Silicon Valley peers. We had

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<v Speaker 4>a great child with the Anurad Rana from our Blueberry

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<v Speaker 4>intelligence team earlier who reminded us that only iPhone fifteen

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<v Speaker 4>pros and above work with the new platform, and that

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<v Speaker 4>Apple's taking such a different approach, you know, relying on Google,

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<v Speaker 4>and it's not spending the capex that these other companies

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<v Speaker 4>are spending. So we'll have to wait and see. Maybe

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<v Speaker 4>this was a by the rumor, as you know when

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<v Speaker 4>Mark Germa reported this stuff months ago and sell the

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<v Speaker 4>news event. But with even in the wake of today's WWDC,

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<v Speaker 4>the Worldwide Developers Conference, shares fell one point nine percent.

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<v Speaker 4>Also sticking with the theme. The Campbell's company shares fell

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<v Speaker 4>today on the day, down nine tenths of one percent.

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<v Speaker 4>It reversed again pre market. The company said during its

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<v Speaker 4>conference call that it expects an additional two to percent

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<v Speaker 4>to three percent of inflation for next year should oil

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<v Speaker 4>remain about around one hundred dollars a barrel. Bnp powery

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<v Speaker 4>Bus says there's little in today's commentary that could actually

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<v Speaker 4>excite investors. Campbell's shares fell by nine tenths of one percent.

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<v Speaker 4>And let's talk a little about Tyson Food. It's got

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<v Speaker 4>on our radar because we were talking about the screwworm

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<v Speaker 4>cases not just last week, but three new additional cases

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<v Speaker 4>that Bloomberg News wrote about today. Tyson Food shares fell

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<v Speaker 4>by close to three percent today after the US Department

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<v Speaker 4>of Agriculture confirm an additional three cases of new world

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<v Speaker 4>screwworm that brings the total number of detections in the

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<v Speaker 4>US to five. It adds to worries for a US

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<v Speaker 4>beef industry struggling with supply tightness, and could also continue

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<v Speaker 4>to press beef processing plants that have already been operating

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<v Speaker 4>at losses due to this cattle shortage. Once again, Tyson

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<v Speaker 4>Foods down three percent today.

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<v Speaker 3>I was hungry and then I was not.

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<v Speaker 4>Sorry, That's just the way it works.

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<v Speaker 1>Yeah, all right, quick check on yields here, basically modest

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<v Speaker 1>moves across the board, But more importantly it is the

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<v Speaker 1>long term trajectory. Here at the idea that at least

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<v Speaker 1>on the short term and five of the past six

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<v Speaker 1>sessions we have seen short term yields riser, long term

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<v Speaker 1>yields thirty year yield up about five basis points, back

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<v Speaker 1>over five percent.

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<v Speaker 2>This stock Movers report from Bloomberg Radio. Check back with

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<v Speaker 2>us throughout the day for the latest roundup of companies

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<v Speaker 2>making news on Wall Street and for the latest market

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<v Speaker 2>moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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