1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Mover's Report, 2 00:00:10,240 --> 00:00:13,440 Speaker 1: your roundup of companies making moves in the stock market. 3 00:00:13,680 --> 00:00:17,479 Speaker 1: Harnessing the power of Bloomberg Data. Let's take a look 4 00:00:17,520 --> 00:00:20,320 Speaker 1: at some stocks on the move today. I'm Tim Keen 5 00:00:20,400 --> 00:00:24,639 Speaker 1: with Paul Sweeney and Bloomberg's Lisa Matteo. Is there anything 6 00:00:24,720 --> 00:00:26,320 Speaker 1: moving today for your podcast? 7 00:00:26,920 --> 00:00:31,160 Speaker 2: Yes, of course it is Sammy grow Yes, speakers Sea 8 00:00:31,280 --> 00:00:33,960 Speaker 2: me gotta go there. Their shows have been down nearly 9 00:00:33,960 --> 00:00:36,559 Speaker 2: one percent. Yes, we all know. A trading of future's 10 00:00:36,560 --> 00:00:39,760 Speaker 2: options on the Chicago mercantilea change halted by this data 11 00:00:39,800 --> 00:00:44,000 Speaker 2: center fault. The outage hours of disruption markets across equities, 12 00:00:44,000 --> 00:00:47,680 Speaker 2: foreign exchange, bonds, commodities. The culprit was this cooling system 13 00:00:47,800 --> 00:00:50,360 Speaker 2: problems at this data center in Chicago, near the Chicago 14 00:00:50,400 --> 00:00:54,800 Speaker 2: area engineering teams. They restarted several chillers, they used temporary 15 00:00:54,840 --> 00:00:57,120 Speaker 2: cooling equipment. They did what they can and things are 16 00:00:57,200 --> 00:00:59,560 Speaker 2: back up and running. But it's actually not the first 17 00:00:59,560 --> 00:01:02,240 Speaker 2: time this has happened. No, there was an outage that 18 00:01:02,360 --> 00:01:05,840 Speaker 2: was almost it was similar, but this one was longer, 19 00:01:06,240 --> 00:01:08,880 Speaker 2: and the last one was back in twenty nineteen, but 20 00:01:08,959 --> 00:01:11,880 Speaker 2: it halted trading US treasury futures. You had European and 21 00:01:11,959 --> 00:01:14,319 Speaker 2: UK bond markets that's trade on a different exchange. They 22 00:01:14,319 --> 00:01:16,800 Speaker 2: weren't affected, but it just wasn't the news that the 23 00:01:16,800 --> 00:01:19,400 Speaker 2: markets needed because November has really been this volatile month 24 00:01:19,440 --> 00:01:22,360 Speaker 2: for equities. We're also keeping eye on two because of that, 25 00:01:22,760 --> 00:01:26,360 Speaker 2: and my SE New York Stock Exchange owner Intercontinental Exchange, 26 00:01:26,360 --> 00:01:29,240 Speaker 2: which is taker IC. Their shares were up nearly one percent. 27 00:01:29,600 --> 00:01:34,120 Speaker 2: NASAK ticker NDAQ, those shares were down about half a percent. 28 00:01:34,880 --> 00:01:37,080 Speaker 2: So I want to go there and go to what's 29 00:01:37,520 --> 00:01:38,720 Speaker 2: really like a stock. 30 00:01:38,480 --> 00:01:38,800 Speaker 1: On the move. 31 00:01:38,840 --> 00:01:43,520 Speaker 2: It's till Rey Brands. Yes, Tlry. Their shares have been 32 00:01:43,520 --> 00:01:46,960 Speaker 2: down as much as fifteen percent. It's a cannabis company, right, 33 00:01:47,040 --> 00:01:50,200 Speaker 2: So they unveiled this reverse stock split. It's a one 34 00:01:50,280 --> 00:01:52,640 Speaker 2: for ten reverse stock split. Shares have begin trading on 35 00:01:52,680 --> 00:01:55,560 Speaker 2: a split adjusted basis on December second, so that's the 36 00:01:55,640 --> 00:01:57,600 Speaker 2: date they put. So they said that it's going to 37 00:01:57,640 --> 00:01:59,680 Speaker 2: reduce the number of its shares to one hundred and 38 00:01:59,720 --> 00:02:03,320 Speaker 2: six teen million from about one point one six billion, 39 00:02:04,000 --> 00:02:06,120 Speaker 2: but they just, I mean, it's gonna make it shares 40 00:02:06,160 --> 00:02:09,959 Speaker 2: more attractive to institutional shareholders. So that's what they're saying, next, 41 00:02:10,000 --> 00:02:12,040 Speaker 2: what do you go? All right, I gotta go Oracle 42 00:02:12,120 --> 00:02:15,640 Speaker 2: ticker orcl Their shares have been down as much as 43 00:02:15,680 --> 00:02:17,720 Speaker 2: two percent. This was a story from a few days, 44 00:02:17,720 --> 00:02:20,639 Speaker 2: but it's still kind of affecting the stock. Morgan Stanley said, 45 00:02:20,919 --> 00:02:24,080 Speaker 2: a gauge of risk on Oracle's debt reached a three 46 00:02:24,160 --> 00:02:26,880 Speaker 2: year high in November, so they're putting up this morning. 47 00:02:26,919 --> 00:02:29,720 Speaker 2: They say things could only get worse than twenty twenty 48 00:02:29,760 --> 00:02:32,280 Speaker 2: six and less Oracle is able to kind of calm 49 00:02:32,280 --> 00:02:35,440 Speaker 2: that investor anxiety about this massive AI spending spree. It's 50 00:02:35,480 --> 00:02:36,079 Speaker 2: a spending spree. 51 00:02:36,080 --> 00:02:40,799 Speaker 1: They're worried about this stock mover's report from Bloomberg Radio. 52 00:02:41,280 --> 00:02:43,440 Speaker 1: Check back with us throughout the day for the latest 53 00:02:43,520 --> 00:02:46,680 Speaker 1: roundup of companies making news on Wall Street and for 54 00:02:46,800 --> 00:02:50,720 Speaker 1: the latest market moving headlines. Listen to Bloomberg Radio Live, 55 00:02:51,120 --> 00:02:54,720 Speaker 1: catch us on YouTube, Bloomberg dot com, and on Applecarplay 56 00:02:54,760 --> 00:02:57,360 Speaker 1: and Android Auto with the Bloomberg Business app.