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 3: Let's take a look at some of the stocks on
Speaker 3: the move today. I'm Paul Sweeney alongside Alexis Christofferson.
Speaker 1: We're joined by Lisa. Let's tell you a Lisa, what
Speaker 1: do you got?
Speaker 2: All right?
Speaker 4: I want to start with the Airbus because their shares
Speaker 4: have been down as much as eleven percent in Paris.
Speaker 3: A few things.
Speaker 4: It's most popular product, taking a few hits. We're talking
Speaker 4: about the A three twenty airliner. So the first hit
Speaker 4: was that it flagged a software glitch on about six
Speaker 4: thousand jets. They said they needed emergency upgrades. Then they said,
Speaker 4: you know, over the weekend they did some fixes. Only
Speaker 4: fewer than one hundred of those planes still need a
Speaker 4: software fix, so they're making some headway. But then today
Speaker 4: they got the bad news that there there is a
Speaker 4: quality issue on some of the fuselage panels that require inspection.
Speaker 4: So they said they're taking kind of like this conservative approach.
Speaker 4: They're expecting aircraft that they think are impacted, even though
Speaker 4: they know only a small portion of them are going
Speaker 4: to be affected, but it's not clear how many inspections,
Speaker 4: if they're going to impact their like tight delivery schedule
Speaker 4: for the year, how many planes are affected by this.
Speaker 4: It only has about four more weeks to kind of
Speaker 4: scrape through together its target of eight hundred and twenty
Speaker 4: aircraft deliveries for the year.
Speaker 1: Since this is final headline, I don't know about that. Yeah,
Speaker 1: it's not the news that they needed.
Speaker 4: It's driving the stock down the most since April. So
Speaker 4: not good for Airbus. Another deal for video, Yes, okay,
Speaker 4: sending money.
Speaker 1: That's the thing.
Speaker 4: Yes, okay, So their shares are down nearly two percent.
Speaker 4: But then you have chip design software or software maker Synopsis.
Speaker 4: It's n SNPs. Their share have been up as much
Speaker 4: as eight percent. So yes, and Vidia invested two billion
Speaker 4: dollars into Synopsis' stock. It's a part of an engineering
Speaker 4: design partnership and video purchase. The shares at four hundred
Speaker 4: and fourteen dollars seventy nine cents each. Synopsis stock was
Speaker 4: down almost fourteen percent so far this year through Friday's close,
Speaker 4: and in Vinett they've been just on a roll, Like
Speaker 4: you said, investing in a series of companies they had
Speaker 4: open AI. You have data center operators like core Weave
Speaker 4: and even agreed to a vest if you remember five
Speaker 4: billion dollars in Intel. So yes, they are spending some money.
Speaker 1: All right.
Speaker 3: Bitcoin down again today point percent now a little more
Speaker 3: than thirty percent.
Speaker 1: From its high just from a couple of months ago.
Speaker 1: How's that? How we're seeing that in the marketplace, and
Speaker 1: what it's.
Speaker 4: Affecting are those crypto exposed stocks. So yeah, crypto market,
Speaker 4: it's just been on cheeky ground, like after a week's
Speaker 4: long sell off. So we take a look at companies
Speaker 4: like Coinbase ticker COI, and their shares have been down
Speaker 4: as much as three percent. You go to Strategy mst
Speaker 4: R down about four percent, and then Mara Holdings m
Speaker 4: AAR their shares have been off as much as five percent.
Speaker 4: So the bitcoin slide yeah, really affecting these crypto exposed
Speaker 4: stocks as well. Yeah, before we let you go, Canadian
Speaker 4: mining company Barrick Mining got some news coming out of
Speaker 4: them today. They did okay, so ticker b their shares
Speaker 4: have been rising as much as four percent. So they
Speaker 4: said they're exploring an IPO of their North American gold assets.
Speaker 4: The company yes, it's a Canadian mining company. It's been
Speaker 4: dealing with a lot of things like operational issues, costs,
Speaker 4: blowouts to on top of it. So Barrack Mining, you know,
Speaker 4: they're seeing their stock rise, which is kind of what
Speaker 4: this company needed. Its sticker bed for Barrick Mining and Gold.
Speaker 3: I mean, you know, we're getting back up closer to
Speaker 3: its highest back and Gold's up another thirty three dollars today,
Speaker 3: just under forty three hundred dollars per ounce. Yeah, so
Speaker 3: it's kind of getting right backed up towards.
Speaker 4: The side and Copper right all the stock.
Speaker 2: Movers report from Bloomberg Radio. Check back with us throughout
Speaker 2: the day for the latest roundup of companies making news
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