Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 2: The Stock Movers report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg Data.
Speaker 1: I'm Tim Stanebeck along with Carol Master. Let's take a
Speaker 1: look at some stocks on the move today. We're joined
Speaker 1: by Bloomberg News Stocks reporter Carmen Ryanicky, Carmen. We've talked
Speaker 1: a lot about SpaceX, got to talk about it. We're
Speaker 1: going to do it so.
Speaker 3: More one, of course, of course we are, and you know, honestly,
Speaker 3: there's a lot of talk to talk about with SpaceX today.
Speaker 3: So this is tick our SPCX shares closed up about
Speaker 3: what four point eight percent? Wild ride though, yeah, the
Speaker 3: stock did gain enough. It closed at a market valuation
Speaker 3: higher than Amazon, so now becoming the fifth largest stock
Speaker 3: in the world. Huge, huge gains, more than what two
Speaker 3: point eight sorry closed it about a two point seven
Speaker 3: trillion valuation.
Speaker 2: I know, listened.
Speaker 1: It makes us all pausites stop, right, It's like, wait, what.
Speaker 3: Really big numbers? But at the intra day high, so
Speaker 3: it was up seventeen percent at one point before it
Speaker 3: paired much of those games.
Speaker 2: But at that.
Speaker 3: Intra day high, it briefly eclipsed Microsoft in market value
Speaker 3: as well, so that almost became the fourth largest stock.
Speaker 3: Some you know, a level will definitely be watched. It's
Speaker 3: still big, it's very large.
Speaker 1: Elon Musk is worth as at the end of day yesterday,
Speaker 1: the Bloomberg Billionaires IndX is not updated for Tuesday, eddies
Speaker 1: worth one point two seven three trillion dollars. The change
Speaker 1: in yesterday was just up one hundred and sixty four
Speaker 1: billion dollars. So that's like, you know, good enough to
Speaker 1: be like an entire Jim Walton in one day. Yeah,
Speaker 1: year to day up six hundred and fifty three point
Speaker 1: eight billion dollars. But like you said, today's SpaceX move
Speaker 1: was a wild ride because it was up as much
Speaker 1: as what seventeen percent earlier in the session, and then
Speaker 1: there was a moment toward the end of the day
Speaker 1: where I was thinking this could actually end in the
Speaker 1: red because it was it was going down. But you
Speaker 1: know what, it has never been down at this point,
Speaker 1: not yet.
Speaker 3: Day three, perfect record.
Speaker 2: Yeah, every day.
Speaker 3: Yeah, and we'll see what happens tomorrow and some news
Speaker 3: right in terms of yeah, cursor, Yeah, I think it's interesting.
Speaker 2: All right from space X to Take two interactive.
Speaker 3: We go, yeah, let's do a little bit of a pivot.
Speaker 3: So this is Take two ticker t t o W
Speaker 3: shares in the regular session today closed up six point
Speaker 3: four percent best cents or about sorry, the best in
Speaker 3: about a month since May twenty first. So I was
Speaker 3: looking at this because this was actually the top performer
Speaker 3: in the S and P five hundred today kind of
Speaker 3: stood out to me. It's a very you know, a
Speaker 3: stock where the company makes video games. So what drove
Speaker 3: the games today is that Piper Sandler estimated the video
Speaker 3: game maker would have forty six million unit sales of
Speaker 3: Grand Theft Auto five when the game launch.
Speaker 1: Just stuff, Timbo.
Speaker 3: I was just going to say, I'm like, oh, I
Speaker 3: don't want to get it wrong.
Speaker 1: I was just going to say, every time I walk
Speaker 1: by Carol's desk, she's playing Grand Death Auto, and it's like,
Speaker 1: I'm like, Carol, can you focus on the show?
Speaker 3: I don't.
Speaker 1: It's really it's really not something you should be doing
Speaker 1: at work. What's next?
Speaker 3: Okay, A really high tech company, A high tech company,
Speaker 3: honestly a company you think we could all use some
Speaker 3: of their products right now?
Speaker 1: Therese are probably some chips in there to make it
Speaker 1: right because.
Speaker 3: They move around.
Speaker 1: What are you talking about.
Speaker 2: Lazy point?
Speaker 3: Okay, well you're talking about AI chairs. I'm talking about
Speaker 3: taking a nap. So lazyby tr LZB, this stock is trading.
Speaker 3: It's up about fourteen percent after hours. It reported earnings,
Speaker 3: so they forecast sales for the first quarter I think
Speaker 3: of a little bit higher than analysts expected. But they
Speaker 3: also reported that they posted a better than I expected
Speaker 3: profit I believe, and something that's driving that is actually
Speaker 3: efforts to grow its retail stores.
Speaker 2: The Stock Movers Report from Bloomberg Radio. Check back with
Speaker 2: us throughout the day for the latest roundup of companies
Speaker 2: making news on Wall Street and for the latest market
Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,
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