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Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The.

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Speaker 2: Stock Movers podcast, your roundup of companies making moves in

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Speaker 2: the stock market, harnessing the power of Bloomberg Data.

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Speaker 3: Let's take a look at some stocks on the move today.

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Speaker 3: I'm Nathan Hager and we're joined by Bloomberg's Valerie Titel.

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Speaker 3: Starting off with a stock that's moving on headlines this morning.

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Speaker 3: Tell us what's going on with Chart Industries. Valerie, Good morning, Yeah.

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Speaker 1: Chart Industries rose as much as five percent on a

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Speaker 1: Wall Street Journal report of a potential all stock merger

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Speaker 1: with flow Serve, has recently erased those gains completely, now

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Speaker 1: treading down nearly one percent. A lot of volatility going

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Speaker 1: on around this report. These are two businesses in the

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Speaker 1: industrial process technology sector. If they do near this merger,

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Speaker 1: the deal will be worth nineteen billion, as reported by

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Speaker 1: the Wall Street Journal. It combines two companies, Flow Serve,

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Speaker 1: which is the biggest provider of fluid motion valves, and

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Speaker 1: Chart Industries, which design engineers and manufacturers process technologies for

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Speaker 1: equipment and handling gas and liquid molecules. As a combined

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Speaker 1: entity would put them on par to compete with some

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Speaker 1: of the biggest rivals in the sector, and Chart Industries

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Speaker 1: hasn't been a stranger to M and A. This would

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Speaker 1: be their second deal announced in the last two years.

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Speaker 1: If this one does come to fruition, so it's Chart

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Speaker 1: Industries rising as much as five percent on this report.

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Speaker 3: Okay, So while we wait for potential further confirmation on that,

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Speaker 3: we do have a solid report on earnings from Dollar Tree.

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Speaker 3: Sounds kind of similar to what we heard from Dollar

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Speaker 3: General yesterday.

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Speaker 1: Valerie Well, Dollar Tree is falling after these reports, down

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Speaker 1: two point four percent. The results have just hit the

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Speaker 1: tape in the last hour. The second quarter guidance really underwhelmed,

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Speaker 1: despite first quarter net sales coming and strong in the

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Speaker 1: company saying they expect to mitigate margin impact of higher

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Speaker 1: tariffs their second quarter EPs, they see it down as

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Speaker 1: much as fifty percent year on year. That outlook has

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Speaker 1: really underwhelmed the market so far, down two and a

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Speaker 1: half percent for Dollar Tree. It does stand in contrast

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Speaker 1: to Dollar Generals results yesterday that came and strong. Actually

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Speaker 1: saw Dollar General shares rise as the most on record

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Speaker 1: in yesterday's session. So maybe a bit of competition between

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Speaker 1: these two discount retailers all searching for those more wealthy

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Speaker 1: consumers trading down into the discount space.

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Speaker 3: Interesting, now, I know you're watching Wells Fargo now that

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Speaker 3: the bank's got room to grow.

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Speaker 1: Finally, that's right, Wells Fargo rising three and a half

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Speaker 1: percent after its asset cap was lifted by the Federal Reserve.

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Speaker 1: It's finally out of the penalty box after seven years.

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Speaker 1: The Fed has restricted the size of Wells Fargo's balance

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Speaker 1: sheet since twenty eighteen in an unprecedented punishment. The hotly

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Speaker 1: anticipated verdict really gut does close the door on nearly

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Speaker 1: a decade of scandals at the fourth largest US lender

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Speaker 1: and allows the bank to pursue growth yet again. To

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Speaker 1: mark the milestone, the bank is going to be giving

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Speaker 1: all full time employees an award of two thousand dollars

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Speaker 1: in stock. That sounds nice.

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Speaker 3: That's very nice. I guess the door that so hasn't

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Speaker 3: closed for CrowdStrike after the software disaster that we all

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Speaker 3: remember from last summer.

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Speaker 1: Yeah, that through a lot of people's vacation and holidays

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Speaker 1: in turmoil CrowdStrike, Yeah, my shaffs. Those shares are plunging

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Speaker 1: after their forecast underwhelms. CrowdStrike down seven and a half

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Speaker 1: percent in the pre market trade, they projected a revenue

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Speaker 1: that missed estimates, actually to only miss my small amount,

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Speaker 1: so it does seem like a punishing move for that miss.

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Speaker 1: But part of that worry continues to come again from

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Speaker 1: that global outage last summer, costs rows in sales and

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Speaker 1: marketing in part because of these campaigns that they are

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Speaker 1: still ongoing in order to retain customers. Clients do seem

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Speaker 1: to reining in some of that tech spending weigh on

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Speaker 1: demand for these companies like CrowdStrike. The stock has outperformed

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Speaker 1: the market though so far this year, Nathan, it's up

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Speaker 1: forty three percent, but it seems to be pairing some

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Speaker 1: of those gains in the pre market, down seven and

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Speaker 1: a half percent for CrowdStrike.

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Speaker 2: The Stock Movers podcast from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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Speaker 2: making news on Wall Street and for the latest market

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Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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