WEBVTT - Apple Falls, Nebius Surges, Tourmaline Rises

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report,

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<v Speaker 1>your roundup of companies making moves in the stock market,

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<v Speaker 1>harnessing the power of Bloomberg Data.

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<v Speaker 2>You want to take a look at some of the

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<v Speaker 2>stocks on the move today, and Noram Linda joins us.

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<v Speaker 2>She's an equities reporter on the BN side. But I'm

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<v Speaker 2>sure you know her from this show and many others

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<v Speaker 2>where she.

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<v Speaker 1>Helps out so much.

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<v Speaker 2>Nora, I guess Apple is one of the main stocks

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<v Speaker 2>or Washington day, the biggest corporate news story. What are

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<v Speaker 2>we seeing there?

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<v Speaker 3>Definitely? I mean I'm looking at shares of Apple. They're

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<v Speaker 3>down about one point seven percent right now in trading.

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<v Speaker 2>But of course we know the.

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<v Speaker 3>Biggest news of the day is the debut of the

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<v Speaker 3>iPhone seventeen lineup? How do we already make it to seventeen? Matt,

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<v Speaker 3>which iPhone do you have?

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<v Speaker 2>I have? I think the fifteen, So I try and

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<v Speaker 2>upgrade every two years or at least.

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<v Speaker 3>You see my assumption that you had an Apple product.

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<v Speaker 3>I didn't even you could have had an answer, yes.

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<v Speaker 2>Well no, I'm a normal human dating well, one of

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<v Speaker 2>those people who shuns the Apple ecosystem and prefers to

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<v Speaker 2>use like to be alternative to the other people, or

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<v Speaker 2>do the other people use Unix or something.

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<v Speaker 3>I have no idea what they're doing on that side,

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<v Speaker 3>but we do have the debut, and of course that's

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<v Speaker 3>really what's been in focus today. And apparently it has

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<v Speaker 3>a skinnier air model here. And of course we know

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<v Speaker 3>that we always see the updates the camera technology and

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<v Speaker 3>all the sort, but we are seeing shares sliding just

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<v Speaker 3>a tad today. But I do want to move to

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<v Speaker 3>some of the names in the green that I am

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<v Speaker 3>keeping an eye on. Look at chairs of Neby. It

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<v Speaker 3>says ticker in bis. Some of these names, it's so

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<v Speaker 3>interesting I kind of had to do a deep dive

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<v Speaker 3>into them. But this company's in focus up as much

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<v Speaker 3>as fifty four percent today, So what's really really charging

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<v Speaker 3>higher here? Essentially this is an AI software company. What

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<v Speaker 3>we do is the ticker is nbnbis. Yes, this is

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<v Speaker 3>a company a lot of people had.

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<v Speaker 2>Never heard of.

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<v Speaker 3>See that's what I'm saying. I had to do my research.

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<v Speaker 2>It is essentially the new yandex.

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<v Speaker 3>Apparently so and so. I mean, of course the focus

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<v Speaker 3>today is the deal that they had with Microsoft. And

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<v Speaker 3>this is the fact that they have a deal that's

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<v Speaker 3>worth at least seventeen point four billion dollars, but could

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<v Speaker 3>be as much as nineteen point four billion. And we

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<v Speaker 3>were seeing other companies that were also rallying after the

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<v Speaker 3>news because essentially people have this bet that you know, hey,

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<v Speaker 3>if they're getting a deal with Microsoft, maybe so many

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<v Speaker 3>other ones can too, like Core, Weave, Taro Wolf. So

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<v Speaker 3>we are seeing a broad based rally here. But let's

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<v Speaker 3>move back over to Tormaline, that's ticker TRML. We're seeing

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<v Speaker 3>another deal here, So novard Is is hoping to buy

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<v Speaker 3>or they are buying US biotech company Tormaline, one I

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<v Speaker 3>had to dig into as well. It's about one point

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<v Speaker 3>two billion dollars, so it's a small biotech company. But

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<v Speaker 3>if you look at the moves that it's making today,

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<v Speaker 3>it's up fifty eight percent, so really really on a

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<v Speaker 3>tear here looking at shares year to date, up as

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<v Speaker 3>much as one hundred and thirty four percent so far

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<v Speaker 3>this year. So I mean, these are some small biotech companies,

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<v Speaker 3>but lots of activity going on there.

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<v Speaker 2>Tormaline TRML the ticker there. TECK is the ticker for

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<v Speaker 2>tech Resources based out of Canada. Trades here, what's this

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<v Speaker 2>story with this miner, Well, this is the story. It's

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<v Speaker 2>actually and smelter, I should say absolutely so this smelter.

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<v Speaker 3>Is a really big deal here. It's one of the

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<v Speaker 3>biggest mining deals that we're seeing in over a decade. Here,

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<v Speaker 3>we're seeing shares of Tech Resources tick her Teck for

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<v Speaker 3>their seeing their best day since April. Here, shares are

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<v Speaker 3>up as much as eighteen percent in trading. But essentially,

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<v Speaker 3>Anglo American agreed that they would buy the Canadian and

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<v Speaker 3>minor and we're really seeing a lot of the street

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<v Speaker 3>kind of rallying behind this, a lot of optimism right now.

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<v Speaker 3>But this will actually create a company of worth more

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<v Speaker 3>than fifteen billion dollars.

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<v Speaker 1>Here, Matt this stock mover's report from Bloomberg Radio. Check

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<v Speaker 1>back with us throughout the day for the latest roundup

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<v Speaker 1>of companies making news on Wall Street and for the

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