Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The.
Speaker 2: Stock Movers Report, your roundup of companies making moves in
Speaker 2: the stock market, harnessing the power of Bloomberg data.
Speaker 1: So let's take a look at some individual market movers.
Speaker 1: Now she's back, she's in the studio. It's Nora and
Speaker 1: Melinda nor What are you watching.
Speaker 3: Well, I've got my eyes on the tech sector. This
Speaker 3: is something that we've been watching all day, given the
Speaker 3: risk off sentiment that we've seen in this thin trading
Speaker 3: day in the market. Looking at shares of Nvidia that's
Speaker 3: ticker VDA shares her down about one point eight percent.
Speaker 3: I mean, it's just interesting, especially if we just flashback
Speaker 3: to November. We heard from Michael Burry he did put
Speaker 3: up at November disclosure from sky On Asset Management where
Speaker 3: they held so that they held protective put options on
Speaker 3: both Nvidia and Palenteer. We're seeing both of those shares lowers.
Speaker 3: So it's literally interesting, especially especially as I'm talking to
Speaker 3: sources on Wall Street just trying to get an idea.
Speaker 3: Is this a bit of profit taking or are we
Speaker 3: heading into twenty twenty six and you know, people are
Speaker 3: of trying to veer away from that traditional megacap Ai trade.
Speaker 4: Well, yes, I mean you look at the Mag seven right,
Speaker 4: I think, oh what six of the Mag seven are
Speaker 4: down today?
Speaker 3: Absolutely, and we're seeing Tesla as the worst performer Tsla
Speaker 3: in that Mag seven index that we have on the
Speaker 3: Bloomberg terminal.
Speaker 1: Yeah, it's incredible how Tesla just continues to go higher, right,
Speaker 1: I mean, it's unbelievable. So, Nora, you we're looking at
Speaker 1: other stocks as well.
Speaker 3: Yes, we've talked about Lululemon. I still am watching that.
Speaker 3: We're seeing shares that are higher right now, up about
Speaker 3: one point four percent. So we got the news that
Speaker 3: the founder, Chip Wilson, is pushing for changes to the
Speaker 3: board before they select a new CEO of the company.
Speaker 3: So he nominated three individuals NWD board candidates at their
Speaker 3: twenty twenty six annual meeting. But this is a stock
Speaker 3: that's really been pattered so far this year. Shares are
Speaker 3: down forty five percent on a year to date basis.
Speaker 3: I was looking at a bi no Bloomberg intelligence note
Speaker 3: that said that Lulu's goal to double sales to twelve
Speaker 3: and a half billion dollars next year is quote unquote
Speaker 3: likely out of reach.
Speaker 4: I got to tell you. I know they've been around
Speaker 4: for a long time and they've got to figure out
Speaker 4: maybe the product mix.
Speaker 2: But I love.
Speaker 4: Lululemon, and I have Lululemons that I've owned four years.
Speaker 1: I mean, I've never owned anything by lu lu Lenon.
Speaker 1: That's a term.
Speaker 2: Neither have I.
Speaker 1: It just speaks to how a little exercise.
Speaker 4: No no, no, no, no no no, don't say that.
Speaker 4: Let's get to one. Don't talk about this one a
Speaker 4: lot tickers DBRG Digital Bridge, but it's definitely moving in
Speaker 4: today's definitely moving.
Speaker 3: We were seeing it earlier up for double digit gains.
Speaker 3: Now it's about up about nine point eight percent. This
Speaker 3: is the data center company. And essentially we did hear
Speaker 3: that SoftBank is buying the company for about three billion dollars.
Speaker 3: This is a sixty five percent premium to Digital Bridges
Speaker 3: closing share price earlier this month, back on December fourth.
Speaker 3: So this transaction is expected to close in the second
Speaker 3: half of next year, pending regulatory approvals. But clearly you
Speaker 3: are seeing the stock getting a pop here. Shares are
Speaker 3: up about thirty six percent so far this year. But
Speaker 3: Raymond James, though saying that they call this deal quote
Speaker 3: unquote underwhelming in terms of the deal price.
Speaker 1: Yeah, they thought eighteen would be a better price, right,
Speaker 1: So then you actually saw the stock pop more than
Speaker 1: thirty percent in pre market trading and then just a
Speaker 1: nine percent gain in regular market trading. It is fascinating
Speaker 1: that we asked a guest earlier who used to work
Speaker 1: at the Vision Fund about this and he said, look,
Speaker 1: I would not bet against Masochison. Maybe his timing isn't
Speaker 1: always perfect, but you know, generally what he does is
Speaker 1: pretty impressive.
Speaker 4: Yeah, and just a reminder the AI play right and
Speaker 4: making within that sector continues even with the questions. As
Speaker 4: we get ready to wrap up twenty twenty five and
Speaker 4: head into the new year.
Speaker 3: From M and A Action for this.
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