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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. We

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Speaker 2: do want to update you on some stocks on the move.

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Speaker 2: I'm Alex deal with Paul Sweeney. We're joined now by

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Speaker 2: Bloomberg's Christina Quino.

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Speaker 1: Let's go to T Mobile first.

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Speaker 2: What's on what's going on there?

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Speaker 1: Yeah, absolutely, Alex a T Mobile ticker tm US. So

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Speaker 1: earlier pre market, those shares were actually down, but recovering

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Speaker 1: now that's up just seven tens of one percent at

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Speaker 1: the moment, and that is because we did get news

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Speaker 1: about President Donald Trump launching a Trump branded mobile phone

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Speaker 1: service that will rely on wireless networks. In horror, that

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Speaker 1: is quote made in America, and so you can imagine

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Speaker 1: this is probably going to pose a lot of competition

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Speaker 1: for the traditional carriers that we have in the market

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Speaker 1: at the moment. But you know, we do have Bloomberg

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Speaker 1: Intelligence analysts saying that you know, separately, Team Mobile specifically,

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Speaker 1: it's sales probably going to rise at a compound annual

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Speaker 1: growth rate of four and a half percent over the

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Speaker 1: next three years from this year because of its lead

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Speaker 1: and five G which is yielding greater market share. So

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Speaker 1: if there is going to be a competitor in form

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Speaker 1: of Trump branded mobile provider or a network provider, Team

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Speaker 1: Mobile looks particularly insulated from that.

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Speaker 2: It's interesting. I want to see how that Trump phone

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Speaker 2: thing works. I don't know about that. I don't know

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Speaker 2: how that actually works.

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Speaker 1: All right, MGM MGM. Yeah. So we have those shares

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Speaker 1: up today more than four percent, so ticker MGM. That

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Speaker 1: is because it's bet MGM joint venture with Ntane in

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Speaker 1: the UK raised its net revenue and EBITDA guidance for

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Speaker 1: the fiscal year in the current year, and that's after

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Speaker 1: they already had a strong second quarter trading showing. So

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Speaker 1: you know, this is their joint venture with Ntane in

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Speaker 1: the UK that operates a number of sports betting brands

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Speaker 1: over there, including Ladborough and Party Poker. So both companies

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Speaker 1: benefiting from that optimistic iidence.

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Speaker 2: All right, insight, what's going on there?

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Speaker 1: Insight, chicker, I n see why those shares doing well

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Speaker 1: today as well, up more than four percent at the moment.

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Speaker 1: So it's because of the drug maker's clinical trial data

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Speaker 1: two trials of its experimental therapy to treat a blood

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Speaker 1: disorder is impressing on Wall Street analysts. So based on

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Speaker 1: a study, it showed that there were no dose limiting

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Speaker 1: toxicities reported and also ninety eight percent of the patients

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Speaker 1: remained on the treatment, so analysts very optimistic about that

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Speaker 1: they got an upgrade At stifle An analysts they are

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Speaker 1: citing a best case scenario from the data.

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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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