WEBVTT - SpaceX Overtakes Amazon in Third Trading Day, Take-Two Soars, La-Z-Boy Rises After Earnings

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, Radio News.

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<v Speaker 2>The Stock Movers report, your roundup of companies making moves

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<v Speaker 2>in the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 1>I'm Tim Stanebeck along with Carol Master. Let's take a

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<v Speaker 1>look at some stocks on the move today. We're joined

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<v Speaker 1>by Bloomberg News Stocks reporter Carmen Ryanicky, Carmen. We've talked

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<v Speaker 1>a lot about SpaceX, got to talk about it. We're

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<v Speaker 1>going to do it so.

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<v Speaker 3>More one, of course, of course we are, and you know, honestly,

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<v Speaker 3>there's a lot of talk to talk about with SpaceX today.

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<v Speaker 3>So this is tick our SPCX shares closed up about

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<v Speaker 3>what four point eight percent? Wild ride though, yeah, the

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<v Speaker 3>stock did gain enough. It closed at a market valuation

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<v Speaker 3>higher than Amazon, so now becoming the fifth largest stock

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<v Speaker 3>in the world. Huge, huge gains, more than what two

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<v Speaker 3>point eight sorry closed it about a two point seven

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<v Speaker 3>trillion valuation.

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<v Speaker 2>I know, listened.

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<v Speaker 1>It makes us all pausites stop, right, It's like, wait, what.

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<v Speaker 3>Really big numbers? But at the intra day high, so

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<v Speaker 3>it was up seventeen percent at one point before it

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<v Speaker 3>paired much of those games.

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<v Speaker 2>But at that.

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<v Speaker 3>Intra day high, it briefly eclipsed Microsoft in market value

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<v Speaker 3>as well, so that almost became the fourth largest stock.

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<v Speaker 3>Some you know, a level will definitely be watched. It's

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<v Speaker 3>still big, it's very large.

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<v Speaker 1>Elon Musk is worth as at the end of day yesterday,

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<v Speaker 1>the Bloomberg Billionaires IndX is not updated for Tuesday, eddies

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<v Speaker 1>worth one point two seven three trillion dollars. The change

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<v Speaker 1>in yesterday was just up one hundred and sixty four

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<v Speaker 1>billion dollars. So that's like, you know, good enough to

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<v Speaker 1>be like an entire Jim Walton in one day. Yeah,

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<v Speaker 1>year to day up six hundred and fifty three point

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<v Speaker 1>eight billion dollars. But like you said, today's SpaceX move

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<v Speaker 1>was a wild ride because it was up as much

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<v Speaker 1>as what seventeen percent earlier in the session, and then

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<v Speaker 1>there was a moment toward the end of the day

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<v Speaker 1>where I was thinking this could actually end in the

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<v Speaker 1>red because it was it was going down. But you

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<v Speaker 1>know what, it has never been down at this point,

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<v Speaker 1>not yet.

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<v Speaker 3>Day three, perfect record.

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<v Speaker 2>Yeah, every day.

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<v Speaker 3>Yeah, and we'll see what happens tomorrow and some news

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<v Speaker 3>right in terms of yeah, cursor, Yeah, I think it's interesting.

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<v Speaker 2>All right from space X to Take two interactive.

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<v Speaker 3>We go, yeah, let's do a little bit of a pivot.

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<v Speaker 3>So this is Take two ticker t t o W

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<v Speaker 3>shares in the regular session today closed up six point

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<v Speaker 3>four percent best cents or about sorry, the best in

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<v Speaker 3>about a month since May twenty first. So I was

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<v Speaker 3>looking at this because this was actually the top performer

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<v Speaker 3>in the S and P five hundred today kind of

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<v Speaker 3>stood out to me. It's a very you know, a

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<v Speaker 3>stock where the company makes video games. So what drove

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<v Speaker 3>the games today is that Piper Sandler estimated the video

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<v Speaker 3>game maker would have forty six million unit sales of

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<v Speaker 3>Grand Theft Auto five when the game launch.

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<v Speaker 1>Just stuff, Timbo.

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<v Speaker 3>I was just going to say, I'm like, oh, I

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<v Speaker 3>don't want to get it wrong.

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<v Speaker 1>I was just going to say, every time I walk

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<v Speaker 1>by Carol's desk, she's playing Grand Death Auto, and it's like,

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<v Speaker 1>I'm like, Carol, can you focus on the show?

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<v Speaker 3>I don't.

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<v Speaker 1>It's really it's really not something you should be doing

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<v Speaker 1>at work. What's next?

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<v Speaker 3>Okay, A really high tech company, A high tech company,

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<v Speaker 3>honestly a company you think we could all use some

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<v Speaker 3>of their products right now?

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<v Speaker 1>Therese are probably some chips in there to make it

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<v Speaker 1>right because.

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<v Speaker 3>They move around.

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<v Speaker 1>What are you talking about.

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<v Speaker 2>Lazy point?

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<v Speaker 3>Okay, well you're talking about AI chairs. I'm talking about

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<v Speaker 3>taking a nap. So lazyby tr LZB, this stock is trading.

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<v Speaker 3>It's up about fourteen percent after hours. It reported earnings,

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<v Speaker 3>so they forecast sales for the first quarter I think

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<v Speaker 3>of a little bit higher than analysts expected. But they

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<v Speaker 3>also reported that they posted a better than I expected

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<v Speaker 3>profit I believe, and something that's driving that is actually

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<v Speaker 3>efforts to grow its retail stores.

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<v Speaker 2>The Stock Movers Report from Bloomberg Radio. Check back with

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