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Speaker 1: Bloomberg Audio Studios, podcasts, radio News.

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Speaker 2: The Stock Movers Report, your roundup of companies making moves

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

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Speaker 3: I am Carol Masser with David Gora. Let's to go

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Speaker 3: look at some stocks in the move. Bloomberg News Managing

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Speaker 3: editor from Bloomberg Market's live blog. Christina Quino in the

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Speaker 3: house with us. Where do you want to start?

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Speaker 1: Let's see all about data centers. There so shares of

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Speaker 1: a Blackrock ticker b LK. They finished a day up

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Speaker 1: just zero point seven percent, but earlier up more than

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Speaker 1: two percent, and that is because their Global Infrastructure Partners

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Speaker 1: unit agreed to buy Aligned data centers.

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Speaker 3: From a query, everybody's buying data.

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Speaker 1: Everybody wants a data center, including Blackrock. So this is

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Speaker 1: actually a forty billion dollars deal, which when you consider

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Speaker 1: how much Blackrock has in asses under management, that's like

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Speaker 1: a drop in the bucket. So I g yes, they

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Speaker 1: thought that it was a pretty affordable data center deal.

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Speaker 1: And interestingly, they're partnering with companies including Microsoft and Nvidia

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Speaker 1: in this endeavor and they're going to be buying up Aligned.

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Speaker 1: This is a company that based in Texas. They have

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Speaker 1: fifty campuses. They have seventy data centers under management or

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Speaker 1: in future development. So pretty promising in terms of Blackrocks

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Speaker 1: foray into this space.

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Speaker 4: Here, another big day for Blackrock reported earnings yesterday. We

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Speaker 4: got this astonishing number that they've got thirteen point four

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Speaker 4: to six trillion dollars just grows and growth under management

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Speaker 4: now and those of one hundred and seventy one billion dollars.

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Speaker 4: So news upon news post.

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Speaker 5: The black brog it sounds like they've got I guess

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Speaker 5: it means other people's funds, but they got.

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Speaker 3: To do the exactly all right, let's go to Stilantis.

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Speaker 3: What do you got for that?

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Speaker 1: Yeah, let's take a look at Atlanta's ticker STLA. So

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Speaker 1: those shares have had a good day today. So they

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Speaker 1: are the maker of g SUVs and for the longest

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Speaker 1: time they've struggled with market share in the US market.

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Speaker 1: But now they're vowing to invest thirteen billion dollars in

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Speaker 1: this market for the next four years, and they're billing

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Speaker 1: it as their single largest investment in more than one

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Speaker 1: hundred years. It's also being seen as by analysts as

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Speaker 1: a way to counter a pain from the tariffs because

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Speaker 1: the company did estimate in July that higher duties will

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Speaker 1: set their earnings back by about the equivalent of one

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Speaker 1: point seven billion dollars this year, so that's not nothing.

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Speaker 1: And our blooming intelligence analyst is weighing in on the deal.

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Speaker 1: They are saying that they would like to see more

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Speaker 1: details how exactly this will be deployed and whether this

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Speaker 1: is already part of their kap ex plan anyway, which

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Speaker 1: is estimated at around ten billion euros each year, So.

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Speaker 3: We shall see.

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Speaker 1: But those that news definitely contributing to depositive day for share.

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Speaker 4: So I always wondering, yes, just such a fascinating facet

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Speaker 4: of all of this stuff, whether it's cars or pharmaceuticals,

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Speaker 4: Like how much this stuff is new and novel versus

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Speaker 4: companies being like a skiven thought to doing this before

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Speaker 4: corporate do it in yes, well, and then.

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Speaker 5: You make a promise about right and who knows, like

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Speaker 5: whether it all plays out, I mean four years three.

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Speaker 1: Just saying P and C. Yeah, let's take a look

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Speaker 1: at P and C. That did not do so well today,

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Speaker 1: so took her P and C. Those shares down more

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Speaker 1: nearly four percent, so at three point nine percent at

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Speaker 1: the close, and they did get results today, third quarter

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Speaker 1: net interest margin missing estimates. That's because they did add

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Speaker 1: more expensive commercial deposits. Those tend to pay higher interests

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Speaker 1: rather than the accounts for retail customers.

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Speaker 3: Though.

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Speaker 1: The good news is that loan loss provisions weren't less

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Speaker 1: than expected. And that is consistent with the line that

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Speaker 1: we've heard from Wall Street bags saying the consumers the

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Speaker 1: only fine they're making their payments, they're not getting behind

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Speaker 1: on their credit card bills. And you know, especially the

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Speaker 1: top segment of that consumer base, the higher income customer base,

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Speaker 1: still spending, still putting in deposits, and so this is

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Speaker 1: kind of consistent with what P and C is saying

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Speaker 1: as well.

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Speaker 4: Let me jump off with that. I mean, like here

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Speaker 4: we are entering season, it's underway in earnest. These big

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Speaker 4: banks can't buy or merge with any others. I mean,

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Speaker 4: there's big as they can they can be. When you

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Speaker 4: look at a bank like P and C other kind

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Speaker 4: of regional banks, what are we going to learn over

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Speaker 4: the coming days about sort of their appetite for mergers?

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Speaker 4: Is that something you're going to be charting going for

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Speaker 4: You think we're going to hear much about Yeah.

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Speaker 1: Absolutely, I mean we've already seen that some of those

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Speaker 1: deals coming through. I mean P and C itself, actually

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Speaker 1: it is involved in an M and A deal. They

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Speaker 1: announced in September that they're going to be taking you

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Speaker 1: over First Bank. That's a four point one billion dollar deal.

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Speaker 1: And you know CEO Build Demchak refer to that deal

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Speaker 1: as basically them effectively buying Colorado. And so it seems

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Speaker 1: like Emina activity, particularly.

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Speaker 3: To work on your messaging. Yeah, yeah, no, I get

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Speaker 3: what he said. He needed a maybe some pr help

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Speaker 3: with that one.

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Speaker 1: But anyway, that's that's suddenly in the cards for sure,

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Speaker 1: P and Z getting in on that Eminy action, which

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Speaker 1: we know has been very active this year.

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Speaker 5: I just want to add two more United Airlines down

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Speaker 5: about two percent in the aftermarket that after it reported

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Speaker 5: better than expected earnings for their third core and they

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Speaker 5: expect brand loyal flyers and demand for its premium seats

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Speaker 5: to drive profit through the end of the year. And

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Speaker 5: I think their outlook was pretty positive, but investors don't

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Speaker 5: seem so enthused. And I got to mention jbehind It's

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Speaker 5: up like twelve percent here in the aftermarket, and this

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Speaker 5: is coming after the company reported their quarter earnings for

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Speaker 5: sure that beat the average analyst estimate.

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Speaker 2: The Stock Movers report 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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