Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The Stock Movers Report,
Speaker 1: your roundup of companies making moves in the stock market,
Speaker 1: harnessing the power of Bloomberg Data. All right, let's see
Speaker 1: what's happening out there in the world. See what some
Speaker 1: stocks on the move today. On Paul Suoni alongside Just
Speaker 1: Another Food. We're joined by Normal Linda, Norm. What are
Speaker 1: looking at Well, let's.
Speaker 2: Kick things off with one of the biggest stories of
Speaker 2: the day. We've been talking about this all morning. Of course,
Speaker 2: we've got our eyes on Warner Brothers Discovery. We are
Speaker 2: hearing that Paramount's Guidance amended its bid for Warner Brothers Discovery,
Speaker 2: and they're actually having Larry Ellison, the chairman of Oracle,
Speaker 2: personally backing this bid. Here a guarantee of forty billion
Speaker 2: dollars forty point four billion dollars in equity financing. Four
Speaker 2: Paramounts propose one one eight point four billion dollar offer
Speaker 2: for Warner Brothers Discovery. Literally has been an evolving story.
Speaker 2: I like it's been a bit of a back and
Speaker 2: forth tug and pull here. If we think about Netflix
Speaker 2: and Paramount's guidance and looking at shares, a pair ofmo
Speaker 2: S guidance up more than seven percent as the best
Speaker 2: performing stock in the S and P five hundred on
Speaker 2: a percentage basis. Netflix shares though sliding down about nine
Speaker 2: tenths of a percent right now as we speak. And
Speaker 2: Warner Brothers Discovery, which we know is really the center
Speaker 2: of this entire discussion. Those shares are up about two
Speaker 2: point seven percent right now. All right, Number two, Number two.
Speaker 2: I've got my eyes on the tech space as well.
Speaker 2: Looking at shares of Marvel Technology ESUS is taker mr VL.
Speaker 2: We're seeing shares up about one point three percent. This
Speaker 2: is after City open to positive catalyst watch on the company.
Speaker 2: This is a chip maker. This is ahead of their
Speaker 2: conference as a tech conference they're going to be having
Speaker 2: next month in Las Vegas. They're saying that they expect
Speaker 2: Marvel and Peers to highlight growing adoption of scale up networking,
Speaker 2: including copackaged optics at the CEES conference, which likesly will
Speaker 2: help this company, Marvel to win Trainium four. So we
Speaker 2: are seeing a bit of a positive upswing here for
Speaker 2: the company. Shares though down on a year to day
Speaker 2: basis by about twenty three percent. Rocket left Rocket Labs.
Speaker 2: This is in the aerospace sector. We're looking at shares
Speaker 2: of rocket Lab this taker RKLB. They're up more than
Speaker 2: eight percent. The company won a contract to design and
Speaker 2: build eighteen satellites. This is the company's largest single contract
Speaker 2: to date, so we are seeing shares up about eight percent,
Speaker 2: but on a unity basis, the stocks really been on
Speaker 2: a tear, almost up about two hundred percent so far
Speaker 2: this year.
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