1 00:00:02,520 --> 00:00:07,360 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 --> 00:00:16,280 Speaker 2: in the stock market harnessing the power of Bloomberg Data. 4 00:00:18,280 --> 00:00:20,800 Speaker 1: Let's take a look at some stocks on the move today. 5 00:00:21,120 --> 00:00:25,000 Speaker 2: I'm Tom Keen with Paul Sweeney and Bloomberg's Lisa Matteo. 6 00:00:25,160 --> 00:00:25,599 Speaker 2: What do you have? 7 00:00:25,680 --> 00:00:28,280 Speaker 3: All right? We're shutting with Nvidia, take her MVDA. Their 8 00:00:28,320 --> 00:00:30,040 Speaker 3: shares have been down as much as one and a 9 00:00:30,080 --> 00:00:32,760 Speaker 3: half percent. This is all about a Financial Times report. 10 00:00:32,760 --> 00:00:36,160 Speaker 3: It said China's Internet watchdog telling companies like Ali Baba, 11 00:00:36,320 --> 00:00:39,880 Speaker 3: like byte Dance to stop orders for Nvidia's high quality chips, 12 00:00:39,880 --> 00:00:43,960 Speaker 3: specifically the rtx pro six thousand d It told them 13 00:00:44,040 --> 00:00:47,760 Speaker 3: to stop testing it, cancel all existing orders, and Nvidio 14 00:00:47,880 --> 00:00:51,159 Speaker 3: introduced that chip to actually get around restrictions on the 15 00:00:51,159 --> 00:00:54,080 Speaker 3: shipment of evans Ai chips at China. So the Financial 16 00:00:54,080 --> 00:00:56,600 Speaker 3: Times is saying several companies already said they would order 17 00:00:56,680 --> 00:00:59,400 Speaker 3: tens of thousands of the product, but now, I mean 18 00:00:59,440 --> 00:01:01,640 Speaker 3: things have to stop. I mean, so when video has 19 00:01:01,720 --> 00:01:04,240 Speaker 3: kind of been in this center of all the negotiations 20 00:01:04,240 --> 00:01:09,119 Speaker 3: between Beijing and Washington, because they're just driving the technologies, especially. 21 00:01:08,720 --> 00:01:10,520 Speaker 1: For AI and just remember in Video has got a 22 00:01:10,560 --> 00:01:14,040 Speaker 1: market cap of four and a quarter trillion dollars. Stock 23 00:01:14,120 --> 00:01:17,200 Speaker 1: is up thirty percent year to date. Things are okay 24 00:01:17,200 --> 00:01:19,119 Speaker 1: with Santa Clair earning season. 25 00:01:19,200 --> 00:01:21,520 Speaker 3: I'm still in the camp like people are why why why, 26 00:01:21,600 --> 00:01:25,640 Speaker 3: and I'm like they're modeling out earnings, revenues, free cash 27 00:01:25,640 --> 00:01:26,600 Speaker 3: flow and all the rest. 28 00:01:27,160 --> 00:01:29,160 Speaker 1: Alicia Levigne was on fire yesterday. 29 00:01:29,319 --> 00:01:29,800 Speaker 2: She watched it. 30 00:01:29,920 --> 00:01:33,200 Speaker 1: She goes where in God's name is Sweeten Yanks on 31 00:01:33,280 --> 00:01:33,720 Speaker 1: a plane? 32 00:01:33,880 --> 00:01:36,000 Speaker 3: It's on a plane. Okay, I got a few quick 33 00:01:36,040 --> 00:01:38,280 Speaker 3: us for you. Okay. So this is first human resources 34 00:01:38,280 --> 00:01:40,840 Speaker 3: software company work Day. Their shares have been up as 35 00:01:40,920 --> 00:01:44,360 Speaker 3: much as nine percent. It's basically just positive talk about 36 00:01:44,360 --> 00:01:47,840 Speaker 3: the company. Elliet Investment Management said they made substantial progress 37 00:01:47,880 --> 00:01:51,800 Speaker 3: in recent years. Analysts positive about their outlook, and Piper 38 00:01:51,920 --> 00:01:54,600 Speaker 3: Sailor they upgraded the stock to neutral from underweight. 39 00:01:54,760 --> 00:01:55,600 Speaker 1: So that was workday. 40 00:01:55,640 --> 00:01:59,320 Speaker 3: Take her wday. Then I want to take you to 41 00:01:59,360 --> 00:02:02,960 Speaker 3: New York based come a new Fortress Energy. It's ticker NFE. 42 00:02:03,640 --> 00:02:06,120 Speaker 3: They're set to extend yesterday's record of a forty five 43 00:02:06,160 --> 00:02:09,160 Speaker 3: percent rally. Their shares before the bell had been up 44 00:02:09,160 --> 00:02:12,360 Speaker 3: more than thirty five percent. So the company, yes, I 45 00:02:12,480 --> 00:02:15,440 Speaker 3: like no final gigs. Yes, finalize a seven year deal 46 00:02:15,480 --> 00:02:19,360 Speaker 3: worth four billion dollars as applied liquefied natural guests to 47 00:02:19,639 --> 00:02:22,600 Speaker 3: Puerto Rico. And this is good news for the company 48 00:02:22,639 --> 00:02:25,160 Speaker 3: itself because they've been struggling to turn a profit facing 49 00:02:25,240 --> 00:02:27,960 Speaker 3: a dead crunch. Still, though you know it's up, it 50 00:02:28,040 --> 00:02:30,760 Speaker 3: still requires approval, it needs it from the financial Oversight 51 00:02:30,880 --> 00:02:34,600 Speaker 3: Management Board. But they just had months and months of negotiation, 52 00:02:34,800 --> 00:02:37,360 Speaker 3: so finally looks like, you know, things are starting to 53 00:02:37,400 --> 00:02:40,640 Speaker 3: come to head. Puerto Rico though it relies on energy 54 00:02:40,639 --> 00:02:43,400 Speaker 3: imports for its power demand, so that was an interesting 55 00:02:43,440 --> 00:02:45,400 Speaker 3: story there. And then yes, I want to end with 56 00:02:45,440 --> 00:02:49,680 Speaker 3: this one. Manchester United and you ticker yes, Ma and 57 00:02:49,880 --> 00:02:54,160 Speaker 3: you the Premier League's falling giant shared as a fellow 58 00:02:54,160 --> 00:02:57,440 Speaker 3: as much as nine percent before the bell. They should 59 00:02:57,480 --> 00:03:01,520 Speaker 3: basically revenues flatline. They just keep losing. I guess I'm 60 00:03:01,560 --> 00:03:04,359 Speaker 3: not sure record, but that was stated in there. 61 00:03:04,639 --> 00:03:07,679 Speaker 1: This team used to be like the Yankees, and then 62 00:03:07,880 --> 00:03:10,560 Speaker 1: their manager left. I don't know anything about this left 63 00:03:10,880 --> 00:03:12,679 Speaker 1: ten ten years ago and they haven't been the same since. 64 00:03:12,720 --> 00:03:15,360 Speaker 1: It was kind of a one person. I don't know 65 00:03:15,360 --> 00:03:17,600 Speaker 1: it's crazy. They were like the Yankees, there's lots of 66 00:03:17,680 --> 00:03:20,400 Speaker 1: nuances here, and we could get Irid Jersey on for 67 00:03:20,480 --> 00:03:22,600 Speaker 1: like a yeah, oh yeah sure, going back and forth, 68 00:03:22,680 --> 00:03:26,000 Speaker 1: the Glazier family, yep, and all that. 69 00:03:26,080 --> 00:03:28,640 Speaker 3: Yeah, they said they're trying to do this transformation plan, 70 00:03:28,720 --> 00:03:31,359 Speaker 3: but they won't see it until like fiscal twenty twenty six, 71 00:03:31,880 --> 00:03:34,400 Speaker 3: so yeah, they've got some ways to go. 72 00:03:35,200 --> 00:03:39,200 Speaker 2: This stock mover's report from Bloomberg Radio. Check back with 73 00:03:39,280 --> 00:03:41,880 Speaker 2: us throughout the day for the latest roundup of companies 74 00:03:41,920 --> 00:03:45,000 Speaker 2: making news on Wall Street and for the latest market 75 00:03:45,080 --> 00:03:49,520 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 76 00:03:49,640 --> 00:03:53,120 Speaker 2: Bloomberg dot com, and on applecarplay and Android Auto with 77 00:03:53,200 --> 00:03:54,680 Speaker 2: the Bloomberg Business app.