1 00:00:02,480 --> 00:00:09,680 Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News. 2 00:00:09,880 --> 00:00:13,320 Speaker 2: This is the closing bell on the stock movers report 3 00:00:13,560 --> 00:00:16,520 Speaker 2: the company's making moves at the close of US trading 4 00:00:16,760 --> 00:00:21,320 Speaker 2: with Carol Master, Tim Stenobeck, Romain Bostik, and Scarlett Food. 5 00:00:22,480 --> 00:00:25,520 Speaker 3: Let's get to some of the individual gainers in today's session. 6 00:00:25,520 --> 00:00:28,080 Speaker 3: There was a lot to choose from AMD. That's your 7 00:00:28,160 --> 00:00:30,200 Speaker 3: number one gainer in the Nasdaq one hundred, number two 8 00:00:30,200 --> 00:00:32,159 Speaker 3: gainer in the S and P five hundred, stock up 9 00:00:32,400 --> 00:00:34,800 Speaker 3: eight point eight percent. You really did see a broad 10 00:00:34,880 --> 00:00:38,760 Speaker 3: rally in the semiconductor space. But Piper Sandler said products 11 00:00:38,800 --> 00:00:42,080 Speaker 3: unveiled last week by AMD were positive and expects a 12 00:00:42,159 --> 00:00:45,280 Speaker 3: snapback for the GPU business in the company's fourth quarter. 13 00:00:45,640 --> 00:00:48,520 Speaker 3: You also had BNP Perryba come out an analysts. They're 14 00:00:48,560 --> 00:00:52,680 Speaker 3: saying in a call on AMD held with Friday with 15 00:00:52,840 --> 00:00:55,800 Speaker 3: analysts that they sent a reassuring message heading into results 16 00:00:55,880 --> 00:01:00,880 Speaker 3: next month with AI traction increasing for AMD's instinct GPUs. So, 17 00:01:01,040 --> 00:01:03,720 Speaker 3: so really a lot of optimism there when it comes 18 00:01:03,720 --> 00:01:06,680 Speaker 3: to a MD st latter next name for me, number 19 00:01:06,680 --> 00:01:09,120 Speaker 3: one gainer in the S and P five hundred, and 20 00:01:09,160 --> 00:01:12,280 Speaker 3: that stock up a just shy of eleven percent. So 21 00:01:12,280 --> 00:01:14,400 Speaker 3: pretty much closing at its best levels of the day. 22 00:01:14,520 --> 00:01:17,800 Speaker 3: China retail sales grew six point four percent last month. 23 00:01:17,840 --> 00:01:20,080 Speaker 3: That's the fastest pace is December of twenty twenty three 24 00:01:20,120 --> 00:01:24,280 Speaker 3: and exceeded all estimates. So those names like an SD 25 00:01:24,360 --> 00:01:27,920 Speaker 3: Lauder that have a big Chinese exposure really gaining today. 26 00:01:27,959 --> 00:01:31,400 Speaker 3: I should point out Nike, Starbucks Canada, Goose also gaining 27 00:01:31,400 --> 00:01:33,880 Speaker 3: in today's session. We also should point out that yesterday 28 00:01:34,000 --> 00:01:36,760 Speaker 3: some sad news from the St Laughter community. That is 29 00:01:37,040 --> 00:01:39,600 Speaker 3: that Leonard Lauder, which was one of the sons of st. Lauder, 30 00:01:39,640 --> 00:01:43,959 Speaker 3: the founder of the company, passing away a long time 31 00:01:44,040 --> 00:01:49,160 Speaker 3: obviously in terms of running and you know, strategy for 32 00:01:49,200 --> 00:01:51,640 Speaker 3: that company in particular. And then I just want to 33 00:01:51,680 --> 00:01:54,880 Speaker 3: mention WBD. I hope I gave the right ticker Warner 34 00:01:54,880 --> 00:01:56,280 Speaker 3: Brothers Discovery. Did I mess up? 35 00:01:56,400 --> 00:01:57,000 Speaker 1: You messed up? 36 00:01:57,040 --> 00:02:00,880 Speaker 3: I messed up. I've realized it. Yeah, yeah, but that's 37 00:02:00,880 --> 00:02:04,360 Speaker 3: not where I want to go. But anyway, WBD, Water 38 00:02:04,400 --> 00:02:08,000 Speaker 3: Brothers Discovery, that is your number two gainer. I believe 39 00:02:08,040 --> 00:02:10,840 Speaker 3: in the s and P. Five hundred forgive me Finley. 40 00:02:10,880 --> 00:02:14,200 Speaker 3: I messed up up seven point three percent Warner Brothers Discovery, 41 00:02:14,200 --> 00:02:17,040 Speaker 3: and that's after the company won support enough support from 42 00:02:17,040 --> 00:02:19,000 Speaker 3: creditors to overhaul its debt as part of a plan 43 00:02:19,040 --> 00:02:22,200 Speaker 3: to split the entertainment giment into two separate companies. I'm 44 00:02:22,200 --> 00:02:22,880 Speaker 3: so can I. 45 00:02:22,840 --> 00:02:24,679 Speaker 1: Just add a honorable mention? Because when I just ran, 46 00:02:24,960 --> 00:02:27,160 Speaker 1: when I ran the most, when I ran the most function. 47 00:02:27,600 --> 00:02:29,880 Speaker 1: The number one gainer across all of the tapes was 48 00:02:29,919 --> 00:02:34,239 Speaker 1: some tiny biotech company, regen Cell, which I might be mispronouncing. 49 00:02:34,280 --> 00:02:36,000 Speaker 1: It was basically a penny stock about a month ago. 50 00:02:36,040 --> 00:02:38,079 Speaker 1: It's now trading at fifty nine bucks a year. It 51 00:02:38,200 --> 00:02:40,399 Speaker 1: had a big stock split today thirty eight for one. 52 00:02:40,440 --> 00:02:43,120 Speaker 1: It rallied as much as four hundred percent on the day. 53 00:02:43,400 --> 00:02:45,600 Speaker 1: This was a stock that had a market cap of 54 00:02:45,639 --> 00:02:47,840 Speaker 1: a few hundred million dollars just a few weeks ago 55 00:02:47,880 --> 00:02:50,840 Speaker 1: and now has a market cap of almost thirty billion 56 00:02:51,080 --> 00:02:51,920 Speaker 1: dollars today. 57 00:02:52,040 --> 00:02:54,600 Speaker 3: What's the short position on that puppy? I haven't luckd but. 58 00:02:54,560 --> 00:02:56,919 Speaker 2: I'm sure not now. Not now. 59 00:02:57,919 --> 00:03:01,320 Speaker 4: Okay, let's get put out no profice, no revenue or 60 00:03:01,360 --> 00:03:01,960 Speaker 4: anything else to. 61 00:03:02,040 --> 00:03:04,880 Speaker 3: Yeah, that's a good honorable mention, good honorable mention. 62 00:03:05,080 --> 00:03:07,880 Speaker 4: Romane Joman always says the good honorable mentions. Hey, let's 63 00:03:07,880 --> 00:03:10,639 Speaker 4: start with Lockheed Martins in terms of decliners today, down 64 00:03:10,680 --> 00:03:13,760 Speaker 4: four percent. This news just breaking after and it's not 65 00:03:14,120 --> 00:03:16,520 Speaker 4: the reason why it's lower. Lockheed Martin did name a 66 00:03:16,560 --> 00:03:20,480 Speaker 4: new chief technology officer that just crossing moments ago we 67 00:03:20,520 --> 00:03:24,720 Speaker 4: did see US defense stocks erase earlier session gains that 68 00:03:24,760 --> 00:03:26,680 Speaker 4: we saw today. This after we heard from the President 69 00:03:26,840 --> 00:03:29,440 Speaker 4: who said heron wants to talk about de escalating the 70 00:03:29,440 --> 00:03:32,880 Speaker 4: conflict with Israel. North Grumman and El three Harris Technologies 71 00:03:32,919 --> 00:03:36,200 Speaker 4: also fell in terms of defense stocks today. Lockheed Martin, 72 00:03:36,200 --> 00:03:39,240 Speaker 4: though the worst performer on a percentage basis in the 73 00:03:39,400 --> 00:03:42,720 Speaker 4: S and P five hundred, also moving lower today. Energy 74 00:03:42,960 --> 00:03:45,120 Speaker 4: names among the worst performing sectors in the S and 75 00:03:45,160 --> 00:03:48,480 Speaker 4: P five hundred Diamondback Energy down two and a half percent. 76 00:03:48,600 --> 00:03:52,120 Speaker 4: Energy companies also falling with oil prices on expectations there 77 00:03:52,160 --> 00:03:55,560 Speaker 4: would be less disruption to oil supplies. Diamondback Energy the 78 00:03:55,600 --> 00:03:58,840 Speaker 4: worst performing energy name in the S and P five hundred, 79 00:03:59,280 --> 00:04:01,760 Speaker 4: and then a bioteme name that fell a lot today, 80 00:04:02,400 --> 00:04:06,920 Speaker 4: Serepta Therapeutics, down forty two percent. The company's gene therapy 81 00:04:06,960 --> 00:04:09,600 Speaker 4: for a real rare muscle disorder has been linked to 82 00:04:09,640 --> 00:04:11,280 Speaker 4: the death of a fifteen year old boy it's the 83 00:04:11,320 --> 00:04:15,119 Speaker 4: second patient to die of acute liver failure well being 84 00:04:15,160 --> 00:04:19,240 Speaker 4: treated with the therapy. Shares fel today by forty two percent. 85 00:04:19,680 --> 00:04:21,919 Speaker 5: Well on that note, thanks him, I guess I'll go 86 00:04:21,920 --> 00:04:24,560 Speaker 5: to yields. So there was a selloff in the bond market, 87 00:04:24,600 --> 00:04:26,159 Speaker 5: pretty much all across the curve of the back end 88 00:04:26,160 --> 00:04:28,040 Speaker 5: getting hit the hardest. That yields up by about six 89 00:04:28,080 --> 00:04:31,120 Speaker 5: to five bases points. Twenty year auction went off without 90 00:04:31,120 --> 00:04:33,400 Speaker 5: a hitch. But just so interesting when you have these 91 00:04:33,480 --> 00:04:36,240 Speaker 5: kind of headlines and you're still seeing selling in the 92 00:04:36,279 --> 00:04:38,839 Speaker 5: treasury market. Same with the dollar, just raises the question, 93 00:04:38,880 --> 00:04:41,400 Speaker 5: at least for me, like where do bonds and the 94 00:04:41,440 --> 00:04:44,400 Speaker 5: dollar fit as a safe haven asset in your portfolio. 95 00:04:44,480 --> 00:04:47,200 Speaker 5: I know we're all taking a breadth after Friday, but 96 00:04:47,279 --> 00:04:49,320 Speaker 5: there are still so many risks out there, and yes 97 00:04:49,360 --> 00:04:51,440 Speaker 5: they're hard to price, but at least we know that 98 00:04:51,480 --> 00:04:54,360 Speaker 5: they come from Aron in Israel right now, and yet 99 00:04:54,360 --> 00:04:56,640 Speaker 5: still we're not necessarily one hundred percent pricing that in 100 00:04:56,720 --> 00:04:58,679 Speaker 5: at all. 101 00:04:58,720 --> 00:05:02,760 Speaker 2: This stock mover's report from Bloomberg Radio. 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