1 00:00:02,520 --> 00:00:09,719 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:09,920 --> 00:00:13,360 Speaker 2: This is the closing bell on this stock movers report. 3 00:00:13,600 --> 00:00:16,560 Speaker 2: The company's making moves at the close of US trading 4 00:00:16,800 --> 00:00:21,360 Speaker 2: with Carol Master, Tim Stenebeck, Romain Bostik, and Scarlet Food. 5 00:00:22,120 --> 00:00:25,400 Speaker 3: Let's get to some individual gainers. Alta on that list 6 00:00:25,640 --> 00:00:28,240 Speaker 3: up more than sixteen percent at its highs today, finishing 7 00:00:28,280 --> 00:00:30,760 Speaker 3: the day with about a twelve percent gain. Interday, it 8 00:00:30,760 --> 00:00:33,000 Speaker 3: was up I think the most since twenty twenty, number 9 00:00:33,040 --> 00:00:34,800 Speaker 3: one gainer in the S and P five hundred. The 10 00:00:34,800 --> 00:00:39,360 Speaker 3: company coming out boosting its full year profit outlook, and 11 00:00:39,400 --> 00:00:42,280 Speaker 3: it also talked about comp sales we're also higher than 12 00:00:42,360 --> 00:00:45,159 Speaker 3: expected and talking about the last quarter and analyst kind 13 00:00:45,159 --> 00:00:47,600 Speaker 3: of flagging some of the strong execution at the company. 14 00:00:47,640 --> 00:00:50,440 Speaker 1: I'm absolutely fascinated, byeys, I mean I remember yesterday yet 15 00:00:50,440 --> 00:00:53,520 Speaker 1: Elf Raley like twenty something percent. Also in the beauty space, 16 00:00:53,560 --> 00:00:54,840 Speaker 1: here is this the play? 17 00:00:55,160 --> 00:00:57,240 Speaker 3: I don't know, you know, I think when people are 18 00:00:57,240 --> 00:01:00,360 Speaker 3: feeling a little crunched, they call this, what kind of 19 00:01:00,920 --> 00:01:02,880 Speaker 3: a small little spending you can do to kind of 20 00:01:02,920 --> 00:01:04,160 Speaker 3: get some pleasure, something to. 21 00:01:04,120 --> 00:01:06,200 Speaker 1: Make you feel good. Yeah, yeah, it doesn't call it 22 00:01:06,280 --> 00:01:08,400 Speaker 1: that doesn't necessarily cost a whole lot to do here. 23 00:01:08,520 --> 00:01:11,520 Speaker 3: Yeah, right, like you know, but some of the stuff's expensive, 24 00:01:11,560 --> 00:01:13,039 Speaker 3: so I don't know what a little luxury it is 25 00:01:13,480 --> 00:01:16,000 Speaker 3: costco Let's also can stay in the retail space. This 26 00:01:16,080 --> 00:01:18,279 Speaker 3: is the number four gainer in the Nasdaq one hundred, folks, 27 00:01:18,480 --> 00:01:21,400 Speaker 3: up about three percent. Company posted third quarter earnings per 28 00:01:21,440 --> 00:01:25,440 Speaker 3: share that beat the average analysts analyst estimate. Company talking 29 00:01:25,440 --> 00:01:27,360 Speaker 3: about navigating some of the tariffs out there in the 30 00:01:27,440 --> 00:01:31,360 Speaker 3: economic turbulence by flexing its scale and devoted following it, 31 00:01:31,360 --> 00:01:34,520 Speaker 3: it is looking at some potential price changes on its 32 00:01:34,560 --> 00:01:35,840 Speaker 3: item by item basis. 33 00:01:35,880 --> 00:01:38,080 Speaker 1: So Scarlet you know, it was so funny. I was 34 00:01:38,080 --> 00:01:39,679 Speaker 1: looking at their earnings report and you look at the 35 00:01:39,680 --> 00:01:42,319 Speaker 1: growth rate. Did you know that like six percentage points 36 00:01:42,319 --> 00:01:44,280 Speaker 1: of that growth rate was from the Scarlet fu household. 37 00:01:44,440 --> 00:01:47,240 Speaker 3: I believe it. Yeah, I buy in bulk for everything 38 00:01:47,560 --> 00:01:50,440 Speaker 3: she does. Also Lisa Matteo on the surmounts. She's there, 39 00:01:50,640 --> 00:01:53,640 Speaker 3: I think regularly. E commerce sales also were growing about 40 00:01:53,680 --> 00:01:56,800 Speaker 3: sixteen percent. Hey, one more Palanteer Technologies. This is the 41 00:01:56,880 --> 00:01:58,880 Speaker 3: number two gainer in both the S and P and 42 00:01:58,920 --> 00:02:01,120 Speaker 3: the Nasdaq one hundred. Guys, It's up almost eight percent 43 00:02:01,200 --> 00:02:04,040 Speaker 3: today's session this after The New York Times reported that 44 00:02:04,080 --> 00:02:07,880 Speaker 3: the Trump administration has expanded the data analysis software companies 45 00:02:07,920 --> 00:02:11,040 Speaker 3: work across the federal government in recent months. By the way, 46 00:02:11,120 --> 00:02:13,240 Speaker 3: Pollantaia has received more than one hundred and thirteen million 47 00:02:13,280 --> 00:02:16,880 Speaker 3: in federal government spending since the president took office. This 48 00:02:16,960 --> 00:02:20,000 Speaker 3: again the New York Times reporting, citing some public records. 49 00:02:20,000 --> 00:02:22,119 Speaker 4: All right, Jess, over to you, moving over and looking 50 00:02:22,160 --> 00:02:24,560 Speaker 4: at those decliners as Carol is talking about too. So 51 00:02:24,560 --> 00:02:26,639 Speaker 4: I'm going to start off with gap ticker, simple gap, 52 00:02:26,760 --> 00:02:28,760 Speaker 4: because it dropped actually. 53 00:02:28,360 --> 00:02:30,239 Speaker 1: Twenty class they changed their tickers. 54 00:02:30,280 --> 00:02:33,680 Speaker 4: Yes, it's actually much easier though, so I appreciate and 55 00:02:33,760 --> 00:02:36,239 Speaker 4: also down, so twenty percent loss, I mean, this is 56 00:02:36,600 --> 00:02:39,119 Speaker 4: racist gains for the year and also its worst day 57 00:02:39,400 --> 00:02:43,200 Speaker 4: actually since early April. So that maybe not surprisingly unfortunately 58 00:02:43,240 --> 00:02:45,920 Speaker 4: came as that tariff hit, warning that it gave it 59 00:02:45,960 --> 00:02:48,840 Speaker 4: weakness at its smaller brands when it's talking about some 60 00:02:48,880 --> 00:02:51,480 Speaker 4: of those other ones to Banana Republic as one of 61 00:02:51,480 --> 00:02:53,720 Speaker 4: them too. But they talked about how it could have 62 00:02:54,160 --> 00:02:56,680 Speaker 4: an impact as much as three hundred million dollars from 63 00:02:56,680 --> 00:02:59,200 Speaker 4: that tariff impact and revealed some of that stubborn weakness there. 64 00:02:59,400 --> 00:03:02,000 Speaker 4: Moving over, looking also at the biggest decliner though in 65 00:03:02,040 --> 00:03:05,000 Speaker 4: the S and P five hundred, Regeneron ore EGN is 66 00:03:05,000 --> 00:03:07,440 Speaker 4: the ticker symbol, down nineteen percent. It's worst day since 67 00:03:07,480 --> 00:03:10,760 Speaker 4: April twenty eleven. Theres so this actually came after a 68 00:03:10,840 --> 00:03:14,119 Speaker 4: drug trial missed the mark here in two least trial 69 00:03:14,240 --> 00:03:17,240 Speaker 4: drugs here and experimental, so specifically when it's going on 70 00:03:17,360 --> 00:03:19,760 Speaker 4: and not meeting those goals as far as what's happening there, 71 00:03:19,760 --> 00:03:21,840 Speaker 4: and a sendo feed also had a as far as 72 00:03:21,840 --> 00:03:24,160 Speaker 4: when it's looking at its smoker's lung drug trial data 73 00:03:24,240 --> 00:03:26,840 Speaker 4: unfortunately coming in not as good as expected, and then 74 00:03:26,880 --> 00:03:29,880 Speaker 4: wanted to end on contact lens maker Cooper Company, sticker 75 00:03:29,919 --> 00:03:32,920 Speaker 4: Symbole COO. That actually was the second worst performer in 76 00:03:32,960 --> 00:03:35,400 Speaker 4: the S and P five hundred, down almost fifteen percent, 77 00:03:35,440 --> 00:03:37,880 Speaker 4: worst day since November two thousand and eight. That actually 78 00:03:37,920 --> 00:03:40,320 Speaker 4: came after it cut its outlook for Rogain growth for 79 00:03:40,400 --> 00:03:42,400 Speaker 4: the year and the company even though it reported with 80 00:03:42,600 --> 00:03:44,880 Speaker 4: and expected earnings results for the second quarter, but did 81 00:03:44,880 --> 00:03:48,160 Speaker 4: see a guidance downgrade and also was specifically by JP Morgan. 82 00:03:48,200 --> 00:03:50,600 Speaker 1: Guys, so that's pressuring the shairs, Hey, pop quiz for you, Jess. 83 00:03:50,640 --> 00:03:53,080 Speaker 1: So Regeneron's second biggest decliner in the S and P 84 00:03:53,160 --> 00:03:54,640 Speaker 1: five hundred in the month of May. What was the 85 00:03:54,720 --> 00:03:56,120 Speaker 1: number one decliner. 86 00:03:55,920 --> 00:03:57,720 Speaker 4: In the in the S and P five hundred for 87 00:03:57,760 --> 00:04:00,880 Speaker 4: this month. Let's see, I don't know, Surprise United the 88 00:04:01,720 --> 00:04:04,440 Speaker 4: United Health. Of course, you can use the momv function 89 00:04:04,520 --> 00:04:05,880 Speaker 4: and look at it on a monthly basis. 90 00:04:05,880 --> 00:04:11,520 Speaker 1: I'll always be selling just yields now, that's me. Sorry, 91 00:04:11,680 --> 00:04:14,080 Speaker 1: I'm always looking for Alex Stale, who's of course has 92 00:04:14,120 --> 00:04:15,240 Speaker 1: a well deserved day off. 93 00:04:15,280 --> 00:04:15,440 Speaker 2: Here. 94 00:04:15,480 --> 00:04:17,640 Speaker 1: You take a look at the yield picture here. Site 95 00:04:17,640 --> 00:04:19,719 Speaker 1: moves lower here on the day. But we talk a 96 00:04:19,720 --> 00:04:22,120 Speaker 1: lot here about the first big decline that we've seen 97 00:04:22,160 --> 00:04:25,479 Speaker 1: on a price basis. On a monthly basis, I should 98 00:04:25,480 --> 00:04:28,320 Speaker 1: say for the US treasury market, of course, we had 99 00:04:28,320 --> 00:04:30,839 Speaker 1: three straight months where we did see a rally, and 100 00:04:30,880 --> 00:04:32,560 Speaker 1: of course that being pushed back a little bit. And 101 00:04:32,600 --> 00:04:34,920 Speaker 1: of course we talk about that inverse correlation. Jeane to 102 00:04:34,960 --> 00:04:36,680 Speaker 1: News are our guests on TV just a little while, 103 00:04:36,839 --> 00:04:40,279 Speaker 1: that inverse correlation returning between socks and bonds a healthy sign, 104 00:04:40,520 --> 00:04:42,760 Speaker 1: according to him. 105 00:04:42,800 --> 00:04:46,800 Speaker 2: This stock Movers report from Bloomberg Radio. 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