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 Statobek along with Nora Melnda. We're joined by
Speaker 1: Bloomberg News Deputy team leader and a senior reporter, Jess Menton.
Speaker 3: Hey, Jess, Hey, So it's been fun. I'm glad y'all
Speaker 3: laid that out because it's an interesting dynamic within the markets, because,
Speaker 3: like y'all said, you have the NASAK one hundred down
Speaker 3: more than two percent if you look at the VIS
Speaker 3: though below seventeen, and then the equal Weight Index the
Speaker 3: SPW marginally hires. So to Nora's point, where you're seeing
Speaker 3: healthcare out performing some of those diving pairs. On the
Speaker 3: opposite side of that is, of course, technology. So I
Speaker 3: wanted to start off with sand disc as some of
Speaker 3: the top stocks that I'm watching. Sn DK's the tickers
Speaker 3: and belong This down about fourteen percent, so this would
Speaker 3: be its worst day since February fourth, But this comes
Speaker 3: on the back of the information was actually reporting about
Speaker 3: Anthropic and how they're starting early stage work on its
Speaker 3: own AI chip, potentially holding stocks with Samsung Electronics about
Speaker 3: a potential manufacturing partner there. But of course, if you
Speaker 3: pull it back and just look at the socks in
Speaker 3: general over the last two days, down about twelve percent,
Speaker 3: I can't fail to mention though, the second quarter was
Speaker 3: its best quarter on record, and then even the first
Speaker 3: half of chip stocks was the best first half relative
Speaker 3: to the S and P five hundred in history. So
Speaker 3: you're starting to see some of those chip stocks give
Speaker 3: back those games, and specifically more of those production makers today.
Speaker 3: And then if you're looking at that in video is
Speaker 3: still down about two percent, but much more pain though
Speaker 3: for those production type chip makers in the double digits today. Yeah.
Speaker 1: Tom Thortt and over at Hedge Fund Telemetry sending me
Speaker 1: some ivs on the Bloomberg terminal. Tom, thanks for always king.
Speaker 2: I know Tom, well, he's a big.
Speaker 1: And he watches well, he watches the semiconductors closely. Yes,
Speaker 1: and he's reminding me that Micron is at its lowest.
Speaker 1: It said it could be making a one month closing
Speaker 1: low today. It's not there yet. It's at its lowest
Speaker 1: going back to June tenth, so yeah, not quite a
Speaker 1: one month low, but he and many others are watching
Speaker 1: these stocks closely, especially after what happened in Korea overnight of.
Speaker 3: Great christ and then SanDisk, given if you look before
Speaker 3: today and yesterday for the first half of the twelve
Speaker 3: over twelve month period, I mean that stock was up
Speaker 3: over four thousand percent and up over eight hundred percent
Speaker 3: in the first half of this year, the best performer
Speaker 3: in the Nasdaq obviously if you're looking at the S
Speaker 3: and P five hundred, so giving back some of those games,
Speaker 3: but still a huge run here for sand Disk as
Speaker 3: well as Micron. So from semiconductors. Let's stay a little
Speaker 3: bit in the tech space, but we'll call it Auto's Tesla.
Speaker 3: So if you're yes so MAG seven specifically, if you're
Speaker 3: looking at that basket that we have in the terminal,
Speaker 3: BM seventy is the ticker on that. Tesla is the
Speaker 3: biggest decliner in the MAG seven today, down about eight percent.
Speaker 3: TSLA is the ticker symbol for Tesla, So worst day
Speaker 3: since July twenty fourth of last year. Unfortunately, even though
Speaker 3: it actually beat on a number of metrics for when
Speaker 3: you're looking at those deliveries up about twenty five percent
Speaker 3: year over year for this second quarter, that stock was
Speaker 3: up for four consecutive straight sessions leading into this, so
Speaker 3: potentially being kind of by the rumor, sell the news event.
Speaker 3: But on the flip side of that, Rivian our IVN
Speaker 3: is the ticker up eight percent so on Paceport's best
Speaker 3: day since February thirteenth, But you're seeing a little bit
Speaker 3: of a different story there. It also raised its full
Speaker 3: year guidance in sales outlooks, so you're seeing a bit
Speaker 3: of a brighter spot for Rivian, even though you saw
Speaker 3: Tesla still beat on a number of metrics.
Speaker 1: Okay, we talked Tesla and Rivian. Let's go to some
Speaker 1: pharmaceutical names, mRNA, Maderna, So this has to.
Speaker 3: Do with some of the equal weight and while we're
Speaker 3: seeing that outperform with Mark who Dora was talking about earlier,
Speaker 3: so you're seeing those dividend payers. So mRNA is the
Speaker 3: ticker symbol for Moderna, up nine percent on Peaceport's best
Speaker 3: day since June twenty six. But if you look here
Speaker 3: to date, though it's been quite on a tear, up
Speaker 3: one hundred and sixty eight percent. Of course, I have
Speaker 3: to point out been down for four straight years in
Speaker 3: a row. Was one of these COVID darlings, but since
Speaker 3: its Science Day was actually a week ago on June
Speaker 3: twenty fifth, it announced some positive developments when it comes
Speaker 3: to vaccines and mRNA. But that stock's actually up thirty
Speaker 3: percent over the last week since that Science Day, So
Speaker 3: you're seeing that as those Boston Scientific other dividend payers
Speaker 3: in the healthcare space.
Speaker 1: Yes, it's still even with today's increase and what we've
Speaker 1: seen this year from Madonna, it's still a far cry
Speaker 1: from what it was exactly COVID vaccine days. I think
Speaker 1: also investors are struggling with what are regulators in this
Speaker 1: right house?
Speaker 3: Very different than what was like that five six years ago.
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