Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 2: This is the closing bell on the stock movers report
Speaker 2: the company's making moves at the close of US trading
Speaker 2: with Carol Master, Tim Stenobeck, Romain Bostik, and Scarlett Food.
Speaker 3: Let's get to some of the individual gainers in today's session.
Speaker 3: There was a lot to choose from AMD. That's your
Speaker 3: number one gainer in the Nasdaq one hundred, number two
Speaker 3: gainer in the S and P five hundred, stock up
Speaker 3: eight point eight percent. You really did see a broad
Speaker 3: rally in the semiconductor space. But Piper Sandler said products
Speaker 3: unveiled last week by AMD were positive and expects a
Speaker 3: snapback for the GPU business in the company's fourth quarter.
Speaker 3: You also had BNP Perryba come out an analysts. They're
Speaker 3: saying in a call on AMD held with Friday with
Speaker 3: analysts that they sent a reassuring message heading into results
Speaker 3: next month with AI traction increasing for AMD's instinct GPUs. So,
Speaker 3: so really a lot of optimism there when it comes
Speaker 3: to a MD st latter next name for me, number
Speaker 3: one gainer in the S and P five hundred, and
Speaker 3: that stock up a just shy of eleven percent. So
Speaker 3: pretty much closing at its best levels of the day.
Speaker 3: China retail sales grew six point four percent last month.
Speaker 3: That's the fastest pace is December of twenty twenty three
Speaker 3: and exceeded all estimates. So those names like an SD
Speaker 3: Lauder that have a big Chinese exposure really gaining today.
Speaker 3: I should point out Nike, Starbucks Canada, Goose also gaining
Speaker 3: in today's session. We also should point out that yesterday
Speaker 3: some sad news from the St Laughter community. That is
Speaker 3: that Leonard Lauder, which was one of the sons of st. Lauder,
Speaker 3: the founder of the company, passing away a long time
Speaker 3: obviously in terms of running and you know, strategy for
Speaker 3: that company in particular. And then I just want to
Speaker 3: mention WBD. I hope I gave the right ticker Warner
Speaker 3: Brothers Discovery. Did I mess up?
Speaker 1: You messed up?
Speaker 3: I messed up. I've realized it. Yeah, yeah, but that's
Speaker 3: not where I want to go. But anyway, WBD, Water
Speaker 3: Brothers Discovery, that is your number two gainer. I believe
Speaker 3: in the s and P. Five hundred forgive me Finley.
Speaker 3: I messed up up seven point three percent Warner Brothers Discovery,
Speaker 3: and that's after the company won support enough support from
Speaker 3: creditors to overhaul its debt as part of a plan
Speaker 3: to split the entertainment giment into two separate companies. I'm
Speaker 3: so can I.
Speaker 1: Just add a honorable mention? Because when I just ran,
Speaker 1: when I ran the most, when I ran the most function.
Speaker 1: The number one gainer across all of the tapes was
Speaker 1: some tiny biotech company, regen Cell, which I might be mispronouncing.
Speaker 1: It was basically a penny stock about a month ago.
Speaker 1: It's now trading at fifty nine bucks a year. It
Speaker 1: had a big stock split today thirty eight for one.
Speaker 1: It rallied as much as four hundred percent on the day.
Speaker 1: This was a stock that had a market cap of
Speaker 1: a few hundred million dollars just a few weeks ago
Speaker 1: and now has a market cap of almost thirty billion
Speaker 1: dollars today.
Speaker 3: What's the short position on that puppy? I haven't luckd but.
Speaker 2: I'm sure not now. Not now.
Speaker 4: Okay, let's get put out no profice, no revenue or
Speaker 4: anything else to.
Speaker 3: Yeah, that's a good honorable mention, good honorable mention.
Speaker 4: Romane Joman always says the good honorable mentions. Hey, let's
Speaker 4: start with Lockheed Martins in terms of decliners today, down
Speaker 4: four percent. This news just breaking after and it's not
Speaker 4: the reason why it's lower. Lockheed Martin did name a
Speaker 4: new chief technology officer that just crossing moments ago we
Speaker 4: did see US defense stocks erase earlier session gains that
Speaker 4: we saw today. This after we heard from the President
Speaker 4: who said heron wants to talk about de escalating the
Speaker 4: conflict with Israel. North Grumman and El three Harris Technologies
Speaker 4: also fell in terms of defense stocks today. Lockheed Martin,
Speaker 4: though the worst performer on a percentage basis in the
Speaker 4: S and P five hundred, also moving lower today. Energy
Speaker 4: names among the worst performing sectors in the S and
Speaker 4: P five hundred Diamondback Energy down two and a half percent.
Speaker 4: Energy companies also falling with oil prices on expectations there
Speaker 4: would be less disruption to oil supplies. Diamondback Energy the
Speaker 4: worst performing energy name in the S and P five hundred,
Speaker 4: and then a bioteme name that fell a lot today,
Speaker 4: Serepta Therapeutics, down forty two percent. The company's gene therapy
Speaker 4: for a real rare muscle disorder has been linked to
Speaker 4: the death of a fifteen year old boy it's the
Speaker 4: second patient to die of acute liver failure well being
Speaker 4: treated with the therapy. Shares fel today by forty two percent.
Speaker 5: Well on that note, thanks him, I guess I'll go
Speaker 5: to yields. So there was a selloff in the bond market,
Speaker 5: pretty much all across the curve of the back end
Speaker 5: getting hit the hardest. That yields up by about six
Speaker 5: to five bases points. Twenty year auction went off without
Speaker 5: a hitch. But just so interesting when you have these
Speaker 5: kind of headlines and you're still seeing selling in the
Speaker 5: treasury market. Same with the dollar, just raises the question,
Speaker 5: at least for me, like where do bonds and the
Speaker 5: dollar fit as a safe haven asset in your portfolio.
Speaker 5: I know we're all taking a breadth after Friday, but
Speaker 5: there are still so many risks out there, and yes
Speaker 5: they're hard to price, but at least we know that
Speaker 5: they come from Aron in Israel right now, and yet
Speaker 5: still we're not necessarily one hundred percent pricing that in
Speaker 5: at all.
Speaker 2: This stock mover's report from Bloomberg Radio. Check back with
Speaker 2: us throughout the day for the latest roundup of companies
Speaker 2: making news on Wall Street and for the latest market
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