Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Mover's Report,
Speaker 1: your roundup of companies making moves in the stock market.
Speaker 1: Harnessing the power of Bloomberg Data. Let's take a look
Speaker 1: at some stocks on the move today. I'm Tim Keen
Speaker 1: with Paul Sweeney and Bloomberg's Lisa Matteo. Is there anything
Speaker 1: moving today for your podcast?
Speaker 2: Yes, of course it is Sammy grow Yes, speakers Sea
Speaker 2: me gotta go there. Their shows have been down nearly
Speaker 2: one percent. Yes, we all know. A trading of future's
Speaker 2: options on the Chicago mercantilea change halted by this data
Speaker 2: center fault. The outage hours of disruption markets across equities,
Speaker 2: foreign exchange, bonds, commodities. The culprit was this cooling system
Speaker 2: problems at this data center in Chicago, near the Chicago
Speaker 2: area engineering teams. They restarted several chillers, they used temporary
Speaker 2: cooling equipment. They did what they can and things are
Speaker 2: back up and running. But it's actually not the first
Speaker 2: time this has happened. No, there was an outage that
Speaker 2: was almost it was similar, but this one was longer,
Speaker 2: and the last one was back in twenty nineteen, but
Speaker 2: it halted trading US treasury futures. You had European and
Speaker 2: UK bond markets that's trade on a different exchange. They
Speaker 2: weren't affected, but it just wasn't the news that the
Speaker 2: markets needed because November has really been this volatile month
Speaker 2: for equities. We're also keeping eye on two because of that,
Speaker 2: and my SE New York Stock Exchange owner Intercontinental Exchange,
Speaker 2: which is taker IC. Their shares were up nearly one percent.
Speaker 2: NASAK ticker NDAQ, those shares were down about half a percent.
Speaker 2: So I want to go there and go to what's
Speaker 2: really like a stock.
Speaker 1: On the move.
Speaker 2: It's till Rey Brands. Yes, Tlry. Their shares have been
Speaker 2: down as much as fifteen percent. It's a cannabis company, right,
Speaker 2: So they unveiled this reverse stock split. It's a one
Speaker 2: for ten reverse stock split. Shares have begin trading on
Speaker 2: a split adjusted basis on December second, so that's the
Speaker 2: date they put. So they said that it's going to
Speaker 2: reduce the number of its shares to one hundred and
Speaker 2: six teen million from about one point one six billion,
Speaker 2: but they just, I mean, it's gonna make it shares
Speaker 2: more attractive to institutional shareholders. So that's what they're saying, next,
Speaker 2: what do you go? All right, I gotta go Oracle
Speaker 2: ticker orcl Their shares have been down as much as
Speaker 2: two percent. This was a story from a few days,
Speaker 2: but it's still kind of affecting the stock. Morgan Stanley said,
Speaker 2: a gauge of risk on Oracle's debt reached a three
Speaker 2: year high in November, so they're putting up this morning.
Speaker 2: They say things could only get worse than twenty twenty
Speaker 2: six and less Oracle is able to kind of calm
Speaker 2: that investor anxiety about this massive AI spending spree. It's
Speaker 2: a spending spree.
Speaker 1: They're worried about this stock mover's report from Bloomberg Radio.
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Speaker 1: roundup of companies making news on Wall Street and for
Speaker 1: the latest market moving headlines. Listen to Bloomberg Radio Live,
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