WEBVTT - Closing Bell: Intel Eclipse Dot-Com High, Alphabet Rises, HCA Healthcare Tumbles 

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news.

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<v Speaker 2>This is the closing bell on this stock movers report

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<v Speaker 2>the company's making moves at the close of US trading

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<v Speaker 2>with Carol Masser, Tim Stenebeck, Romain Bostik, and Katie Greifel.

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<v Speaker 3>Only one hundred and seventy seven names gaining ground in

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<v Speaker 3>today's session in the S and P five hundred. Katie

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<v Speaker 3>had three hundred and twenty four names losing ground today

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<v Speaker 3>to unchanged.

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<v Speaker 4>Yeah, you saw a similar breath picture when you take

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<v Speaker 4>a look at the sector level as well. When you

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<v Speaker 4>take a look at that circle, five sectors finish in

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<v Speaker 4>the green, six in the red. In terms of what

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<v Speaker 4>did gain today, information technology hired by about two and

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<v Speaker 4>a half percent. As a sector, Consumer discretionary also popping

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<v Speaker 4>about one point four percent. Those are your big winners

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<v Speaker 4>on the day. In terms of what didn't perform, healthcare

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<v Speaker 4>down about one point four percent. We know that Eli

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<v Speaker 4>Lilly has had a rough go of things lately. Industrials

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<v Speaker 4>also down about nine percent.

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<v Speaker 3>Carol, all right, guys, let's go to some of the

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<v Speaker 3>individual gainers. No surprise, I'm going to go to the

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<v Speaker 3>semiconductor area, including of course Intel just soaring on its

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<v Speaker 3>blockbuster report. It is the number one gainer in the

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<v Speaker 3>S and P five hundred the Nasdaq one hundred, up

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<v Speaker 3>twenty three percent in today's session. But not alone. You

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<v Speaker 3>had arm AMD, Qualcom, all of these names hire in

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<v Speaker 3>today's session, up almost fifteen percent.

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<v Speaker 1>Can I just give you the stat there, best day

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<v Speaker 1>since October twenty ninth, nineteen eighty seven. I don't know

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<v Speaker 1>if you're old enough, Carol, if you're to remember what happened.

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<v Speaker 1>I'm in October nineteen eighty seven.

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<v Speaker 5>I was in I remember what happened that day.

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<v Speaker 4>What happens?

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<v Speaker 5>That was Black Monday.

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<v Speaker 3>It was Black Monday.

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<v Speaker 5>Yeah, we were talking about the dow back then, Dow,

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<v Speaker 5>I know, and.

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<v Speaker 4>Look where that got them.

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<v Speaker 3>Yeah, look right now, all right, so thank you for that,

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<v Speaker 3>percaring continue talking, Yeah, I would like to. All right,

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<v Speaker 3>So anyway, socks up for an eighteenth straight day. We're

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<v Speaker 3>up nearly around fifty percent in that timeframe. Take a look, folks,

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<v Speaker 3>I know for those who are listening on radio, but

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<v Speaker 3>it is a straight shot up in the last eighteen days.

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<v Speaker 3>So quite some outperformance. We know about.

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<v Speaker 1>We were talking with Steve Sasnik earlier. You know, eighteen

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<v Speaker 1>straight days, longest wind streak for that index since it

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<v Speaker 1>was a form back in nineteen ninety four. He said

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<v Speaker 1>that the last the longest streak prior to this was

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<v Speaker 1>like nine days, so basically double that daily win streak. Yeah.

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<v Speaker 3>I mean it's really kind of crazy, and that is

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<v Speaker 3>pretty significant if you look at that stat I should

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<v Speaker 3>also point out AMD was upgraded to buy from neutral

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<v Speaker 3>price target rates.

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<v Speaker 1>To bring back on this day.

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<v Speaker 3>He's seventy five from two twenty at DA Davison. Yeah,

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<v Speaker 3>I'm just going to ignore him. Anyway, We're going to

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<v Speaker 3>move on. Let's go on over to alphabet. One more

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<v Speaker 3>name for you. Google's going to invest ten billion in

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<v Speaker 3>Anthropic with another thirty billion potential follow a three hundred

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<v Speaker 3>and forty billion dollar valuation. Now, so we just continue

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<v Speaker 3>Alphabet chairs. You can see up about one and a

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<v Speaker 3>half percent. And I just want to mention, honorable men.

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<v Speaker 3>Don't get mad at me, Finley, but spirit Aviation was

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<v Speaker 3>out forty six percent. Again, it's like a dollar something

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<v Speaker 3>a share about again, some talk about the government maybe

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<v Speaker 3>taking a position, and then iHeart holding merger talks with

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<v Speaker 3>serious iHeart it was stopped because of volatility and trading,

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<v Speaker 3>but when it stopped, it was up about fourteen percent.

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<v Speaker 3>So I'm just going to throw those.

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<v Speaker 5>Into If the US government buys Spirit, do we get

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<v Speaker 5>a discount buying it?

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<v Speaker 4>That's a great question.

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<v Speaker 5>Why would we Or do we get to bring a

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<v Speaker 5>do we get to bring a bag without paying?

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<v Speaker 4>I thought I'm going to talk about the US government

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<v Speaker 4>buying iHeart, and I thought that was going to be interesting,

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<v Speaker 4>But who knows.

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<v Speaker 5>Hey, we got some decliners even though today was such

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<v Speaker 5>a risk on day. I want to start with the

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<v Speaker 5>worst performer in the S and P five hundred. Charter

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<v Speaker 5>Communications fell by more than twenty five percent today. This

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<v Speaker 5>after the company reported underwhelming quarterly results. It lost one

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<v Speaker 5>hundred and seventeen thousand residential customers at its Spectrum Internet brand,

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<v Speaker 5>once again the worst performer, losing a quarter of its

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<v Speaker 5>market cap just in today's trading session.

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<v Speaker 1>That's the biggest drop ever.

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<v Speaker 5>That's a big.

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<v Speaker 1>One, Yeah, since two thousand and nine.

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<v Speaker 2>Wow.

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<v Speaker 5>Okay, let's move on to HCA Healthcare. This company also

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<v Speaker 5>felt today by more than eight point eight per eight

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<v Speaker 5>point seven percent. Eight point eight percent was the decline

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<v Speaker 5>It opted against raising its yearly profit and sales guidance

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<v Speaker 5>despite first quarter profit feeding analysts you used. Remember it's

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<v Speaker 5>a hospital operator, so first quarter admissions were lower than

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<v Speaker 5>expected due to a decline in people going to the

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<v Speaker 5>er or being admitted with respiratory illness HbA holdings following

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<v Speaker 5>eight point eight percent. And finally, Avis Budget Group, take

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<v Speaker 5>your car. I love the story. Down eleven percent today. Wow,

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<v Speaker 5>it's wiped out nearly all of its six hundred percent

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<v Speaker 5>surge over the previous month in just two days. Romain

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<v Speaker 5>no clear cause except you know, yeah, met I guess

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<v Speaker 5>clastic short squeeze.

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<v Speaker 1>Seventy one percent drop just in the past three sessions.

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<v Speaker 1>So and there's a great story in the Bloomberg Terminal

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<v Speaker 1>that provides a lot of context for the run up

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<v Speaker 1>in those yares.

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<v Speaker 5>Well, remember it went back to this idea of a

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<v Speaker 5>government shutdown and people saying, wait a second, if the

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<v Speaker 5>government shut down and you can't get through airport security,

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<v Speaker 5>maybe everybody will drive everywhere instead, right, And that was

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<v Speaker 5>sort of the beginning of this run huh.

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<v Speaker 4>Well, but that's a fundamental Rea, Yeah, yeah, yeah, I

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<v Speaker 4>think there was a little bit more than the fundamentals.

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<v Speaker 1>I encourage everyone to read that story on the Bloomberg

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<v Speaker 1>Terminal quick check of yields. Here we did seal yields

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<v Speaker 1>dropped significantly and that did help to aid the market

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<v Speaker 1>rally down about six basis points on the shorter end

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<v Speaker 1>of the curve longer end of the curve. The moves

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<v Speaker 1>were a little bit less dramatic here, but of course

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<v Speaker 1>that is the setup. Don't forget next week. Next Wednesday

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<v Speaker 1>we do get a FED decision day, no expectation for

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<v Speaker 1>rates to move, but of course a lot of speculation

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<v Speaker 1>about what the debate will be about where we go next.

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<v Speaker 2>This stock Movers report from Bloomberg Radio. Check back with

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<v Speaker 2>us throughout the day for the latest roundup of companies

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<v Speaker 2>making news on Wall Street and for the latest market

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<v Speaker 2>moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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