WEBVTT - Tesla Slips, Juniper Climbs on Settlement; Palantir Rebound

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news. The Stock Movers podcast,

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<v Speaker 1>your roundup of companies making moves in the stock market

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<v Speaker 1>harnessing the power of Bloomberg Data.

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<v Speaker 2>Stockmovers are in order this with the Futures up twenty one.

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<v Speaker 2>The Vict's seventeen point one five. Stockmovers is a podcast

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<v Speaker 2>on Apple, on Spotify YouTube podcasts as well. Here's Lisa Matteo.

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<v Speaker 3>Okay, I want to start with Juniper Networks. This ticker

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<v Speaker 3>j and pr chairs have been up as much as

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<v Speaker 3>eight percent. The reason why, well, the Justice Department they

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<v Speaker 3>settled a lawsuit that was challenging Eulett Packard Enterprises thirteen

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<v Speaker 3>billion dollar takeover at the company. So the Justice Department

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<v Speaker 3>they sued to block that deal back in January. That's

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<v Speaker 3>the backstory, and it came. This decision came just less

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<v Speaker 3>than two weeks before the trial was set to start,

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<v Speaker 3>so it kind of clears that key hurdle for the takeover.

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<v Speaker 3>It combines the second and third largest providers of wireless

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<v Speaker 3>networking solution for large corporate customers, of course the first

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<v Speaker 3>Cisco Systems, but h Pre Enterprise Shares they're also on

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<v Speaker 3>the rise to ticker HPE their shares have been up

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<v Speaker 3>as much as fifteen percent, so some big news there.

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<v Speaker 4>Also big news for today we all know.

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<v Speaker 3>The Senate begins voting out amendments to President Trump's tax

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<v Speaker 3>and spending bill. It includes cuts of things like electric

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<v Speaker 3>vehicle clean energy credits and Elon Musk was not happy

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<v Speaker 3>about So yeah, he said he's good. He said it

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<v Speaker 3>would be his quote, would be incredibly destructive to the country.

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<v Speaker 3>So then you look at shares of Tesla Rightech ticker TSLA.

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<v Speaker 3>Their shares have been down more than one percent before

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<v Speaker 3>the bill. And then you look at companies like next

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<v Speaker 3>Era Energy ticker NEE, their shares dropped as much as

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<v Speaker 3>five percent. And you even go to en Phase Energy

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<v Speaker 3>ticker e NPH, their shares have been down more than

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<v Speaker 3>two percent, so a big change. How the headlines are

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<v Speaker 3>kind of reflecting on some of the stuffs this morning.

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<v Speaker 3>Interesting And what's also interesting, Palenteer, if you remember on

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<v Speaker 3>Fridays shares really hit bottom. They were on the rebound

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<v Speaker 3>Friday with a sell off. It closed at the worst

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<v Speaker 3>stock and the S and P five hundred on Friday

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<v Speaker 3>it fell about nine point four percent. That was a

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<v Speaker 3>close ticker PLTR before the Bell, though shares are up

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<v Speaker 3>as much as five percent, so it's starting to rebound.

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<v Speaker 3>There was some news out this morning Palenteer and Accenture

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<v Speaker 3>Federal Services. They formed this partnership to provide AI capabilities

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<v Speaker 3>to US federal agencies.

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<v Speaker 4>But if you look at the.

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<v Speaker 3>Current price, Palenteers set to add fifteen point three billion

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<v Speaker 3>dollars of market cap. As of the last close, the

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<v Speaker 3>stock has risen seventy three percent this year.

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<v Speaker 4>It's a Dan Iive's favorite. He always talks about that.

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<v Speaker 5>I'll tell you you look at the an R function

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<v Speaker 5>at Lisa eight buys, okay, fifteen holds and six cells.

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<v Speaker 5>So the street's completely perplexed what to do with this

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<v Speaker 5>interesting okay spending socks up seventy two percent year to date.

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<v Speaker 3>Yeah, and then I'll take you to since I have

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<v Speaker 3>a little time, I'll take you to. You know, we

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<v Speaker 3>do the upgrades down grades. This was an upgrade. This

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<v Speaker 3>is your realm. They're called Disney ticker ds. Their shriffes

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<v Speaker 3>have climbed as much as two percent. They got an

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<v Speaker 3>upgrade from Jeffries to buy from Hold raise its price target.

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<v Speaker 3>So they point to things that kind of you talked about, right,

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<v Speaker 3>Limited risk of parks slow down, upside in the cruise

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<v Speaker 3>division they like that, and margin expansion.

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<v Speaker 4>Also in the streaming side of.

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<v Speaker 1>Things, the Stock Movers podcast from Bloomberg Radio. Check back

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<v Speaker 1>with us throughout the day for the latest roundup of

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<v Speaker 1>companies making news on Wall Street and for the latest

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