Speaker 1: Bloomberg Audio Studios, Podcasts, radio News.
Speaker 2: This is the closing bell on this stock movers report
Speaker 2: the company's making moves at the close of US trading
Speaker 2: with Carol Masser, Tim Stenebeck, Romain Bostick, and Scarlet.
Speaker 3: Food A back to the S and P five hundred
Speaker 3: I go most names in the index lowered despite a
Speaker 3: slight gain in the S and P index overall, Katie,
Speaker 3: three hundred and five names to the downside, one hundred
Speaker 3: and ninety four gaining ground on this end video Wednesday,
Speaker 3: and we've got four unchanged.
Speaker 4: Yeah, let's take a look at the circle and the
Speaker 4: sectors similar to yes makeup to yesterday.
Speaker 5: You have six sectors in the green, five in the red.
Speaker 4: Tech though participating higher by about nine tenths of a percent.
Speaker 4: Communication services Materials also having a good in video Wednesday.
Speaker 5: What didn't do too hot today?
Speaker 4: Energy down by one point three percent as a sector.
Speaker 4: Utilities and real estate also bring up the rear.
Speaker 3: All right, guys, let's get to some of the individual
Speaker 3: gainers as we await those. Nvidia earnings lows up about
Speaker 3: four percent in today's session. Throughout the day, we did
Speaker 3: see it as a top gainer in the S and
Speaker 3: P five hundred. The retailer reported profit that topped expectations
Speaker 3: help by consumers spending on home renovations. Reported positive same
Speaker 3: store sales growth for a second consecutive quarter on strength
Speaker 3: in its digital channel and in home services. Adjusted, It's
Speaker 3: flew your profit target to approximately twelve dollars twenty five
Speaker 3: cents per share this fiscal year, accounting for uncertain economic
Speaker 3: conditions and its recently closed acquisition. So an outperformer in
Speaker 3: that one.
Speaker 1: Hey, have you ever been in the lows?
Speaker 5: I'm more of a home.
Speaker 3: Depot kind of gal, But when I first bought my home,
Speaker 3: I was in there, all the tiles.
Speaker 5: I loved it. Oh man, I loved it.
Speaker 3: It's kind of crazy. Have you ever been in one?
Speaker 1: Yeah? Absolutely? When I bought my out Like everyone who buy,
Speaker 1: when you first buy your house, you basically spend every weekend.
Speaker 3: Right, I knew all the aisle.
Speaker 1: You get everything you need to get back to do
Speaker 1: your project and realize I have to go back because
Speaker 1: I forgot those shrews, and go back because I forgot
Speaker 1: that how they get you.
Speaker 6: Then you have to hire the person actually do it.
Speaker 6: You try to do it, and you run into some roadblocks.
Speaker 3: Sometimes I go down an island, I just kind of
Speaker 3: feel like I'm staring at everything, like it's just kind
Speaker 3: of crazy. Hey, I know we're focused on Nvidia, but
Speaker 3: Alphabet you got to mention that one up about three
Speaker 3: percent in today's session earlier inter day, staring the most
Speaker 3: in two months, a wave of glowing reviews for the
Speaker 3: newly released version of its Gemini AI model, spurring investor
Speaker 3: confidence about the company's position in that ever change.
Speaker 4: No, no, we were just talking about this. I don't
Speaker 4: seek technology out, so I haven't used Gemini.
Speaker 5: I haven't used chat chips. But I mean, again, unwittingly,
Speaker 5: I'm sure I've used it in some sense, but I
Speaker 5: don't know. I can't access it on the Bloomberg computer.
Speaker 1: She still reads like a physical news.
Speaker 6: You can access it on the Bloomberg computer.
Speaker 5: I know, but you need to take a course. I'm
Speaker 5: not going to do that. But anyway, just to.
Speaker 6: Quick aside, do you know how long it took me
Speaker 6: to get KT to use Google Docs? Wow, I still
Speaker 6: don't filmed five years, I guess is the answer.
Speaker 5: We work it, Bloomberg. We have the note on.
Speaker 6: The turn anyway, I know the note is the note
Speaker 6: is better.
Speaker 5: Come on, No, it's not good.
Speaker 6: Sorry, No, note is better.
Speaker 1: No.
Speaker 5: Google Docs is a gift.
Speaker 3: It's a gift that keeps on giving. Hey, by the way,
Speaker 3: shares of Google guys, they're up almost fifty five percent
Speaker 3: this year, and I believe they are the best performing
Speaker 3: member of the mag seven.
Speaker 5: So put that in your Yeah, some fake.
Speaker 3: Our pipe and smoke it.
Speaker 5: Hey.
Speaker 3: Consolation Energy, I have to mention that one definitely an
Speaker 3: outperformer in today's session. Number one gainer in the Nasdaq
Speaker 3: one hundred up five point three percent.
Speaker 5: Government.
Speaker 3: US government planning to buy known as many as ten
Speaker 3: large nuclear reactors projects that could be paid for by
Speaker 3: a five hundred and fifty billion dollar pledge investment fund
Speaker 3: being offered by Japan, so you know all of these.
Speaker 3: Of course, they own three Mile Island. We had some
Speaker 3: news on that yesterday about getting a billion dollars in
Speaker 3: backing from the US government on a reopening. So this
Speaker 3: was a big app performer today's session.
Speaker 6: Well, do you want to start with some energy when
Speaker 6: it comes to underperformers that we're performing in the S
Speaker 6: and P five hundred today on a percentage basis. Ever
Speaker 6: Source Energy Shares Head of their worst day since twenty twenty,
Speaker 6: after regulators in Connecticut denied its request to sell its
Speaker 6: subsidiary Aquarium Water Company. This rejection was due to concerns
Speaker 6: that the sale could double household bills and decrease economic
Speaker 6: Regulatory oversight regular said the proposed deal quote does not
Speaker 6: meet managerial suitability and responsibility requirements in a manner consistent
Speaker 6: with the public interest. Shares once again fell by more
Speaker 6: than twelve percent. Also keep an eye on shares of
Speaker 6: Blue Owl today, down nine tenths of one percent. Blue
Speaker 6: Owel Capital calling off a merger of its two private
Speaker 6: credit funds after scrutiny over potential investor losses, sent it
Speaker 6: shares tumbling. This deal was supposed to be between Blue Owl
Speaker 6: Capital Corp. Which is a publicly traded one that's under
Speaker 6: the ticker ob DC, and then Blue Owl Capital Corp.
Speaker 6: Too that's non traded. According to statement Wednesday, the initial
Speaker 6: terms of the agreement barred investors in the private vehicle
Speaker 6: from redeeming their capital until the merger closed. The firm
Speaker 6: did site current market conditions and will reevaluate its alternatives,
Speaker 6: and finally, some m and A news today moving stocks
Speaker 6: in two different directions. Abbott Laboratories falling three percent today
Speaker 6: after Bloomberg News reported that it's nearing a potential acquisition
Speaker 6: of Exact Sciences Corp. And what would be its largest
Speaker 6: deal in nearly a decade. People familiar with the matter
Speaker 6: said Exact Science is closed hired by twenty three point
Speaker 6: seven percent today. Their diagnostic tests include coli Guard, which
Speaker 6: helps screen for colorectal cancer. It's the second leading cause
Speaker 6: of cancer deaths in the US, but it's been used
Speaker 6: to screen for corectal cancer some twenty million times since
Speaker 6: receiving FDA approval back in twenty fourteen.
Speaker 1: All right, quick check on yield. It's not a whole
Speaker 1: lot of activity there. You did to actually see a
Speaker 1: bit of a rise on the day, basically about one
Speaker 1: to two basis points depending on where you are the curve.
Speaker 1: In fact, the whole curve more or less shifting parallel
Speaker 1: here on the day. But honestly, guys, today really is
Speaker 1: a day about tech, about the AI span and about Nvidia.
Speaker 1: There was an interesting story just earlier today out the
Speaker 1: White House is actually like kind of pushing Congress to
Speaker 1: take out some provisions from a new defense spending bill
Speaker 1: that would restrict AI Chipex Sports, and of course this
Speaker 1: is going to be a big issue that Nvidio is
Speaker 1: going to have to address either tonight or at least
Speaker 1: in the future, because basically its ability to sell those
Speaker 1: high end Blackwell chips to China, at least for right now,
Speaker 1: is basically a no go.
Speaker 2: This Stock Movers 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
Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,
Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with
Speaker 2: the Bloomberg Business app.