1 00:00:02,520 --> 00:00:07,000 Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:16,480 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,600 --> 00:00:19,000 Speaker 1: On Tims Doanebek along with Carol Massler, Let's take a 5 00:00:19,040 --> 00:00:20,680 Speaker 1: look at some stocks on the move today with us 6 00:00:20,680 --> 00:00:24,680 Speaker 1: as Bloomberg News equity supporter Avalon Parnell. How are you good, Harry, 7 00:00:24,680 --> 00:00:27,200 Speaker 1: you all we're doing well. A lot to choose from today, 8 00:00:27,280 --> 00:00:28,720 Speaker 1: ye skin of funny trade. 9 00:00:28,960 --> 00:00:31,880 Speaker 3: Even know the overall markets were mellow, there were some 10 00:00:32,040 --> 00:00:34,280 Speaker 3: stocks that moved up and down a lot. 11 00:00:35,159 --> 00:00:38,080 Speaker 4: Yes, no, healthcare is really busy today. We can start 12 00:00:38,120 --> 00:00:40,839 Speaker 4: off with Compass Pathways, So I'm not sure if you 13 00:00:40,920 --> 00:00:42,960 Speaker 4: know about the stock, but those yeares jumped as much 14 00:00:43,000 --> 00:00:46,240 Speaker 4: as fifty one percent today. It actually helped the stock 15 00:00:46,280 --> 00:00:49,240 Speaker 4: turn positive this year before it was down around sixteen percent, 16 00:00:49,680 --> 00:00:52,960 Speaker 4: and it's all because of some good data. Compas is 17 00:00:53,040 --> 00:00:58,600 Speaker 4: one of the leading psychedelic drug companies currently out and 18 00:00:58,720 --> 00:01:01,800 Speaker 4: they release some positive data for its psilocybin based mental 19 00:01:01,840 --> 00:01:04,679 Speaker 4: health treatment and the drug met all of the key goals. 20 00:01:04,760 --> 00:01:07,160 Speaker 4: So we'll see what happens next because they still have 21 00:01:07,200 --> 00:01:09,800 Speaker 4: a couple of hoops to jump through with the FDA. 22 00:01:09,920 --> 00:01:10,920 Speaker 4: But it's a good sign. 23 00:01:11,040 --> 00:01:11,520 Speaker 3: This is the one. 24 00:01:11,520 --> 00:01:12,280 Speaker 1: Haven't we talked to them? 25 00:01:12,360 --> 00:01:12,560 Speaker 2: Yeah? 26 00:01:12,560 --> 00:01:14,960 Speaker 1: We have, And I would say I have a friend 27 00:01:14,959 --> 00:01:17,640 Speaker 1: who works in this industry. She is a health care 28 00:01:17,680 --> 00:01:20,120 Speaker 1: provider and she started out as a nurse and now 29 00:01:20,160 --> 00:01:22,520 Speaker 1: she's a nurse practitioner who just focuses on mental health 30 00:01:22,520 --> 00:01:24,800 Speaker 1: treatment with these types of medications. 31 00:01:24,840 --> 00:01:27,600 Speaker 3: She swears by it the game changer. Right, Yeah, yeah, 32 00:01:27,640 --> 00:01:29,280 Speaker 3: I think these are the kinds of thing they're thinking too, 33 00:01:29,319 --> 00:01:32,399 Speaker 3: for addictions and so on and so forth. But it's been 34 00:01:32,440 --> 00:01:35,440 Speaker 3: a long journey, so this is another big step forward. 35 00:01:35,440 --> 00:01:38,199 Speaker 3: So all right, take your CMPs. And as you said, 36 00:01:38,880 --> 00:01:41,360 Speaker 3: quite a big move in the share price today, up 37 00:01:41,480 --> 00:01:43,479 Speaker 3: about thirty one percent. All right, what's next? 38 00:01:43,760 --> 00:01:47,840 Speaker 4: Yeah, what's next would be Masimo, that's tick her MASI. 39 00:01:48,000 --> 00:01:50,760 Speaker 4: That stock also soared about thirty five percent today after 40 00:01:50,840 --> 00:01:53,080 Speaker 4: Dana Hare agreed to buy the firm for one hundred 41 00:01:53,080 --> 00:01:55,840 Speaker 4: and eighty dollars per share. And what I found to 42 00:01:55,840 --> 00:01:58,160 Speaker 4: be kind of interesting about this is that dana Hare 43 00:01:58,240 --> 00:02:01,600 Speaker 4: is actually more of a diagnostics firm, but Masimo is 44 00:02:01,640 --> 00:02:04,840 Speaker 4: a medtech company, and so analysts see this as a 45 00:02:04,880 --> 00:02:08,080 Speaker 4: moved closer towards medtech, just so that it's a more 46 00:02:08,160 --> 00:02:12,120 Speaker 4: defensive area of healthcare, especially considering Dana Harri has been 47 00:02:12,160 --> 00:02:16,359 Speaker 4: hit pretty hard by cuts in healthcare funding, especially from 48 00:02:16,440 --> 00:02:19,639 Speaker 4: n h grants, so this could be a good move 49 00:02:19,639 --> 00:02:21,280 Speaker 4: in the right direction for them. 50 00:02:21,480 --> 00:02:24,680 Speaker 3: Yeah, I feel like healthcare right in all its iterations, 51 00:02:24,720 --> 00:02:27,359 Speaker 3: like there's still a lot of movement and like link 52 00:02:27,440 --> 00:02:28,320 Speaker 3: ups and so on. 53 00:02:28,360 --> 00:02:30,480 Speaker 1: Well, and I think people would be familiar with Masimo 54 00:02:30,960 --> 00:02:35,000 Speaker 1: Corporation because of the Apple headlines from earlier, from last year, 55 00:02:35,040 --> 00:02:37,280 Speaker 1: the year before the court settlement that happened a few 56 00:02:37,280 --> 00:02:39,760 Speaker 1: months ago, So it was fun. It was kind of 57 00:02:39,760 --> 00:02:42,239 Speaker 1: interesting to see that headline out there today. Goods company 58 00:02:42,280 --> 00:02:44,360 Speaker 1: has been like a David and Goliath story. 59 00:02:44,480 --> 00:02:47,560 Speaker 3: So definitely one of my gainers was earlier too, so Masi, 60 00:02:47,600 --> 00:02:50,000 Speaker 3: as you said, definitely on the move here and no 61 00:02:50,120 --> 00:02:52,040 Speaker 3: surprise as a target of an m and a deal 62 00:02:52,320 --> 00:02:53,920 Speaker 3: that went up about thirty four percent. 63 00:02:54,280 --> 00:02:55,840 Speaker 1: Okay, what's another one. 64 00:02:56,000 --> 00:02:59,240 Speaker 4: Yeah, we can end up with Nvidia, which jumped nearly 65 00:02:59,240 --> 00:03:01,760 Speaker 4: two percent and post market trading after Meta said it 66 00:03:01,800 --> 00:03:04,359 Speaker 4: plans to deploy millions of its chips over the next 67 00:03:04,360 --> 00:03:06,400 Speaker 4: few years. I kind of found this one also to 68 00:03:06,400 --> 00:03:09,040 Speaker 4: be interesting since the two companies aren't putting an exact 69 00:03:09,120 --> 00:03:12,840 Speaker 4: dollar figure on the commitment, but it is another example 70 00:03:12,880 --> 00:03:16,200 Speaker 4: of how we're seeing big tech continue to push further 71 00:03:16,240 --> 00:03:20,320 Speaker 4: into the chip space and really making continued investments in AI. 72 00:03:20,520 --> 00:03:24,760 Speaker 3: Well the circular financing or the whiteboard like continuing. But 73 00:03:24,880 --> 00:03:27,480 Speaker 3: it is you know, this is where you kind of 74 00:03:27,480 --> 00:03:30,800 Speaker 3: continue to see the demand, right, and it just kind 75 00:03:30,840 --> 00:03:32,200 Speaker 3: of feeds into it in a big way. 76 00:03:32,240 --> 00:03:34,320 Speaker 1: And Vidia shares up by more than one percent after 77 00:03:34,400 --> 00:03:36,760 Speaker 1: hours as we speak in the company out with earnings 78 00:03:36,960 --> 00:03:40,520 Speaker 1: next Wednesday, I believe after market that's the last of 79 00:03:40,560 --> 00:03:41,720 Speaker 1: the mag seven to report. 80 00:03:41,960 --> 00:03:42,120 Speaker 2: Yeah. 81 00:03:42,160 --> 00:03:45,240 Speaker 3: I think it's also interesting, right, this loyalty, right, these relationships, 82 00:03:45,240 --> 00:03:48,840 Speaker 3: because you do see that there are maybe some companies 83 00:03:49,120 --> 00:03:51,920 Speaker 3: maybe looking elsewhere or could there be at some point 84 00:03:52,040 --> 00:03:54,840 Speaker 3: some competition to Nvidia. They definitely have the first mover 85 00:03:55,000 --> 00:03:58,240 Speaker 3: advantage at this point. But to see Nvideo and Metas 86 00:03:58,320 --> 00:03:59,960 Speaker 3: link up, that's it's an important one. 87 00:04:00,000 --> 00:04:01,600 Speaker 1: Do we have time to talk about cheerios? 88 00:04:02,000 --> 00:04:02,880 Speaker 2: Oh? 89 00:04:02,880 --> 00:04:03,600 Speaker 3: Can we go there? 90 00:04:03,680 --> 00:04:05,000 Speaker 4: We could definitely get there. 91 00:04:05,520 --> 00:04:10,920 Speaker 5: So from chips to chips to Carol's lunch. Now it's 92 00:04:10,960 --> 00:04:13,560 Speaker 5: part of my breakfast, Oh breakfast, peanuts are my lunch. 93 00:04:13,720 --> 00:04:17,960 Speaker 5: It's so lunch, breakfast and lunch of champions. Let's talk 94 00:04:17,960 --> 00:04:19,040 Speaker 5: about General Mills. 95 00:04:19,160 --> 00:04:22,400 Speaker 4: Yes, yes, yes, gis General Mills. It was down about 96 00:04:22,440 --> 00:04:26,920 Speaker 4: seven percent into the close after the company reported less 97 00:04:27,040 --> 00:04:31,000 Speaker 4: than expected to say news. The consumers are still continued 98 00:04:31,000 --> 00:04:33,680 Speaker 4: to be stressed, and they're not really going after these 99 00:04:33,960 --> 00:04:36,120 Speaker 4: consumer goods that you could just get across the counter. 100 00:04:36,520 --> 00:04:38,599 Speaker 4: They are sinking on that news. 101 00:04:40,000 --> 00:04:44,040 Speaker 2: This stock mover's report from Bloomberg Radio. Check back with 102 00:04:44,120 --> 00:04:46,680 Speaker 2: us throughout the day for the latest roundup of companies 103 00:04:46,760 --> 00:04:49,839 Speaker 2: making news on Wall Street and for the latest market 104 00:04:49,880 --> 00:04:54,360 Speaker 2: moving headlines. 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