1 00:00:02,520 --> 00:00:07,000 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: This Stock Mover's report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg data. 4 00:00:16,920 --> 00:00:18,680 Speaker 3: Yeah, let's take a look at some of these stocks 5 00:00:18,760 --> 00:00:22,640 Speaker 3: on the move. I'm John Tucker alongside Kritty Gupta News 6 00:00:22,680 --> 00:00:25,960 Speaker 3: out of Stanford, Connecticut. Did you see Paul salivating over 7 00:00:26,000 --> 00:00:29,800 Speaker 3: this deal? The former investment banker a Charter and Cox? 8 00:00:30,440 --> 00:00:31,120 Speaker 3: What's happening? 9 00:00:31,440 --> 00:00:33,080 Speaker 1: I'm mean, I can't see Paul from here, but I 10 00:00:33,120 --> 00:00:35,800 Speaker 1: can hear it. I can hear his heartbreak quickening as 11 00:00:35,880 --> 00:00:37,800 Speaker 1: we speak about it. And John, I would never mistake 12 00:00:37,840 --> 00:00:40,680 Speaker 1: you for anyone else. Come on, Jakimi, give me a 13 00:00:40,720 --> 00:00:43,160 Speaker 1: little bit of credit here. But you're right in that 14 00:00:43,280 --> 00:00:45,519 Speaker 1: this story, this M and A story coming out of 15 00:00:45,840 --> 00:00:47,879 Speaker 1: out of Charter is certainly taking the case. It's not 16 00:00:47,880 --> 00:00:49,880 Speaker 1: the only M and A story out there. Someone thinks 17 00:00:49,880 --> 00:00:51,599 Speaker 1: this was M and A Monday. And since it's not 18 00:00:51,640 --> 00:00:54,640 Speaker 1: Sunday Friday, let's start with Charter Communications though, as you said, 19 00:00:54,960 --> 00:00:59,200 Speaker 1: combining with Cox Communications as well, it is moving the 20 00:00:59,240 --> 00:01:02,240 Speaker 1: market in a big way. So cht R is one 21 00:01:02,240 --> 00:01:05,920 Speaker 1: of your highest moving or highest volume movers. I should 22 00:01:05,920 --> 00:01:08,880 Speaker 1: say this morning Hired by about one point three percent. 23 00:01:08,920 --> 00:01:10,800 Speaker 1: It doesn't seem like a massive move at the moment, 24 00:01:10,800 --> 00:01:12,759 Speaker 1: trading at four hundred and twenty four dollars a share, 25 00:01:13,000 --> 00:01:14,760 Speaker 1: but take my word for it, it's seeing quite a 26 00:01:14,760 --> 00:01:17,600 Speaker 1: bit of volume in those shares. So that is the 27 00:01:17,680 --> 00:01:22,240 Speaker 1: check on Charter Communications. Cox Communications as well also moving 28 00:01:22,560 --> 00:01:25,160 Speaker 1: or excuse me, acquired it was private. Now, apologies for that, 29 00:01:25,240 --> 00:01:28,880 Speaker 1: but Cox was the ticker when it was public. Nevertheless, 30 00:01:29,040 --> 00:01:31,800 Speaker 1: we are looking at a pretty significant deal in terms 31 00:01:31,840 --> 00:01:34,680 Speaker 1: of that, expecting to assume about twelve billion dollars of 32 00:01:34,720 --> 00:01:37,480 Speaker 1: Cox's debt at closing as well. So really keep an 33 00:01:37,480 --> 00:01:39,520 Speaker 1: eye on this. Charter is getting a pat on the 34 00:01:39,600 --> 00:01:42,000 Speaker 1: back when it comes to this deal. That's not typical 35 00:01:42,600 --> 00:01:45,200 Speaker 1: for really any MNA deal, So keep an eye on 36 00:01:45,240 --> 00:01:46,440 Speaker 1: that one. I'll give you another m and A deal 37 00:01:46,480 --> 00:01:48,800 Speaker 1: to keep your eye on, this time in the utility space. 38 00:01:48,840 --> 00:01:51,720 Speaker 1: I learn of a new company today in the S 39 00:01:51,760 --> 00:01:53,520 Speaker 1: and P five hundred. I admit this is a cost 40 00:01:53,560 --> 00:01:57,840 Speaker 1: stock I've never covered before, but Vistra is taking my interests. 41 00:01:57,960 --> 00:02:01,600 Speaker 1: VST is your ticker this morning. This is a utilities 42 00:02:01,640 --> 00:02:05,840 Speaker 1: company that is currently a buying in bulk. Apparently a 43 00:02:05,880 --> 00:02:08,360 Speaker 1: lot of natural gas plants because they believe in a 44 00:02:08,400 --> 00:02:12,360 Speaker 1: big way of the AI story and investors liking it. Again, 45 00:02:12,600 --> 00:02:15,560 Speaker 1: a transaction one that would hit their bottom line and 46 00:02:15,680 --> 00:02:17,920 Speaker 1: people are rewarding them for it. When it comes to 47 00:02:17,960 --> 00:02:20,399 Speaker 1: this market, it feels like the AI story helping out 48 00:02:20,639 --> 00:02:24,320 Speaker 1: this utilities provider. VSTs your ticker hire by about five 49 00:02:24,400 --> 00:02:27,640 Speaker 1: percent this morning, trading just shy of one hundred and 50 00:02:27,680 --> 00:02:30,440 Speaker 1: sixty dollars a share, So a big move there. The 51 00:02:30,520 --> 00:02:33,200 Speaker 1: latest on that front saying they're buying natural gas assets 52 00:02:33,360 --> 00:02:36,960 Speaker 1: from Lotus for one point nine billion dollars. Again, that 53 00:02:37,040 --> 00:02:40,320 Speaker 1: is not chump change. That is a pretty decent piece 54 00:02:40,480 --> 00:02:42,640 Speaker 1: for them to buy. Vistra again getting a pat on 55 00:02:42,680 --> 00:02:45,760 Speaker 1: the back from this market. John, Let's talk about something 56 00:02:45,800 --> 00:02:48,280 Speaker 1: that isn't one that's not a favorite this morning, and 57 00:02:48,280 --> 00:02:51,239 Speaker 1: that's applied material So we've seen some pretty decent numbers 58 00:02:51,280 --> 00:02:54,080 Speaker 1: come out of really all the big names in the 59 00:02:54,200 --> 00:02:58,720 Speaker 1: chip space and video ASML even tsmc able to kind 60 00:02:58,720 --> 00:03:01,920 Speaker 1: of sugarcoat things. Applied Materials not so much, down about 61 00:03:01,960 --> 00:03:06,360 Speaker 1: five point six percent. AMAT is your ticker training at 62 00:03:06,400 --> 00:03:09,560 Speaker 1: Jashi of one hundred and sixty five dollars a share 63 00:03:09,840 --> 00:03:12,600 Speaker 1: and This comes after their earnings last night, giving a 64 00:03:12,639 --> 00:03:15,880 Speaker 1: fairly tepid forecast, but they're saying the US isn't the problem. 65 00:03:16,040 --> 00:03:19,639 Speaker 1: It's those Chinese sales that are weighing in and eating 66 00:03:19,760 --> 00:03:20,920 Speaker 1: into their bottom line. 67 00:03:22,280 --> 00:03:26,320 Speaker 2: This Stock Movers report from Bloomberg Radio. Check back with 68 00:03:26,400 --> 00:03:28,959 Speaker 2: us throughout the day for the latest roundup of companies 69 00:03:29,040 --> 00:03:32,120 Speaker 2: making news on Wall Street and for the latest market 70 00:03:32,160 --> 00:03:36,600 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 71 00:03:36,720 --> 00:03:40,240 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 72 00:03:40,280 --> 00:03:41,800 Speaker 2: the Bloomberg Business app.