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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: This is the closing bell on the stock mover's 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 Master, Tim Stenebeck, Romain, Bostik, and Scarlet Food.

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Speaker 3: To the individual gainers Kroger number one gain in the SNP,

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Speaker 3: nation's largest supermarket operator, sales surpassing expectations, COMP sales coming

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Speaker 3: in better than expectations too. This is during the latest quarter,

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Speaker 3: so consumers are still spending on groceries and other essentials

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Speaker 3: even amid economic turbulence. So the company raised its full

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Speaker 3: year guidance reaffirmed the rest of its outlook, citing an

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Speaker 3: uncertain though macroeconomic environment. So Kroger, as I said, Number

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Speaker 3: one gain in the sn P five hundred that' stock

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Speaker 3: op just shy of ten percent. CarMax an outperformer, up

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Speaker 3: nine and a half percent in its highs, finishing with

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Speaker 3: a six point five percent gain. Number three gainer in

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Speaker 3: the s and P five hundred reported first quarter comp

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Speaker 3: sales and earnings per share that beat concessus estimate. Stock,

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Speaker 3: though is still down about seventeen percent year to day.

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Speaker 3: Eight percent of the float is short and so there's

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Speaker 3: still some investors certainly within a wary eye to that one.

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Speaker 3: GMS this one up almost twenty four percent. This company

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Speaker 3: definitely in demand. Home Depot making an offer for the

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Speaker 3: building product distributor, possibly setting off a bidding war with QXO,

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Speaker 3: which this week made a five billion dollar offer for

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Speaker 3: the company. The Wall Street Journal reporting this out initially yesterday.

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Speaker 3: QXO has come out and said it will not raise

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Speaker 3: its five billion dollar offer for the company. So keep

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Speaker 3: an eye on this one. We'll probably watch that into

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Speaker 3: next week.

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Speaker 1: And I'm doing I love a good old fashioned bidding work.

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Speaker 1: I mean, I guess it's not a bidding war too.

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Speaker 1: EXO doesn't do anything, but.

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Speaker 3: Close enough, Okay, close enough, we're gonna. We're gonna at

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Speaker 3: least go with it. This is what I'm doing, because

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Speaker 3: Tim's like Carol, you have to do Circle if you

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Speaker 3: don't do anything else. Circle Internet up another twenty percent today.

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Speaker 3: This is the company behind USDC, second largest stable coin

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Speaker 3: by market share. It shares rallying again in today's session.

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Speaker 3: It's up about six hundred and seventy maybe seventy percent.

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Speaker 3: I'm meant to check the DEES screen. It is up

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Speaker 3: a lot since it's IPO earlier, We'll just round up

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Speaker 3: seven Seaport Global that came out and gave it its

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Speaker 3: first by rating. In the wake of the US Senate's

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Speaker 3: move this past week to pass legislation setting up regulatory

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Speaker 3: rules for cryptocurrencies PEG to the dollars. So yeah, a

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Speaker 3: super app orformer here. You're welcome.

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Speaker 4: About time you okay, been up like every day he's

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Speaker 4: been on my case. I have Hey, I want to

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Speaker 4: get to the decliners in video shares falling today by

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Speaker 4: about one point two percent. I watched shares of chip

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Speaker 4: companies after the Journal reported that the US Commerce Department

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Speaker 4: are rather an official in the US Commerce Department has

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Speaker 4: told top semi companies that he wants to revoke those

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Speaker 4: waivers they've used to access American tech in China. We

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Speaker 4: saw LAMB Research fall Applied Materials KLA. They were among

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Speaker 4: the biggest decliners in the socks and video though, also

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Speaker 4: falling today about one point two percent. Also, keep an

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Speaker 4: eye on shares of Accenture. They were down as much

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Speaker 4: as close US to eleven percent after the company reported results.

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Speaker 4: Analysts highlighted bookings as a weak spot. Bookings were down

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Speaker 4: seven percent Bloomberg Intelligence says that that decline lower suggests

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Speaker 4: soft discretionary it demand. The CEO in the earnings called

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Speaker 4: Julie Sweet, said, the company quote continues to see a

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Speaker 4: significantly elevated level of uncertainty in the global economic and

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Speaker 4: geopolitical environment as compared to calendar year twenty twenty four. Interestingly, though,

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Speaker 4: as opposed to what we saw with Booz Allen a

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Speaker 4: few weeks ago. The company said that the Federal Business

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Speaker 4: Division had an immaterial impact on the overall growth of

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Speaker 4: the quarter. Shares down six point nine percent today. And finally,

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Speaker 4: Smith and Wesson Brands, I didn't realize this was such

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Speaker 4: a small market cap company. It's like three hundred and

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Speaker 4: eighty million dollar company through an eighty six million dollar company.

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Speaker 4: Shares down twenty percent today. They reported justed earnings per

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Speaker 4: share for the fourth quarter that missed the average analyst estimate.

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Speaker 4: The president's EO, Mark Smith said, looking at the overall

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Speaker 4: firearms market, continue to see consumers generally being cautious due

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Speaker 4: to macroeconomic factors pressuring discretionary spending, so people are pulling

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Speaker 4: back on all kinds of purchases. I guess, at least

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Speaker 4: according to the CEO of Smith and Wesson.

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Speaker 1: All right, let's take a quick look at yields here.

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Speaker 1: Modest the lines across the curve here on this Friday afternoon,

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Speaker 1: we should point out on a weekly basis, it's really

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Speaker 1: the short end of the curve the saw most of

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Speaker 1: the action seeing yields their drop for a second straight

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Speaker 1: week week. Meanwhile, on the longer end of the curve

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Speaker 1: ten to thirty years, who actually had an increase in

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Speaker 1: yields here, So it's seeping up the yield curve. In fact,

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Speaker 1: the biggest deepening that we've seen in about a month

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Speaker 1: on a weekly basis, and that of course is the

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Speaker 1: setup heading into next weekend beyond as folks Carol start

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Speaker 1: to refocus in on macro conditions and especially on the

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Speaker 1: labor market.

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Speaker 2: This Stock Movers report from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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