Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 2: This is the closing bell on the stock Movers report
Speaker 2: the company's making moves at the close of US trading
Speaker 2: with Carol Masser, Tim Stenovak, Romain Bostik, and Katie Greyfell.
Speaker 3: Let's get to some of the individual gainers.
Speaker 1: Number one in the S and P five hundred is
Speaker 1: super Micro, that stock jumping as much as twenty percent
Speaker 1: intra day, finishing the day with about a fifteen point
Speaker 1: seven percent increase. We did see interday the biggest move
Speaker 1: or the most in more than a month. This is
Speaker 1: after GF Security has raised its rating on the server
Speaker 1: maker to buy from Hold. The analyst there, Evan Lee,
Speaker 1: sees higher AI server visibility while recent weakness has created
Speaker 1: quote an attractive entry point as the underlying demand fundamentally
Speaker 1: strengthens its long term growth.
Speaker 3: Again those are the analyst words.
Speaker 1: He also orders from SpaceX accelerate in twenty twenty seven,
Speaker 1: said Evan Lee, the analyst there who has a forty
Speaker 1: eight dollars price target on the stock. So that was
Speaker 1: about a fifty seven percent increase from super Micro's closing
Speaker 1: price on June eighteenth.
Speaker 3: So you can see the.
Speaker 1: Stock closing today at thirty five forty six a share,
Speaker 1: so still below that forty eight dollars a share price target.
Speaker 1: Stocks up more than twenty percent year to date, so
Speaker 1: we have seen some movement in twenty twenty six. All right,
Speaker 1: this is the name, it feels like everybody's talking about today,
Speaker 1: Getty Images Holdings ticker is ge t Y. That stock again,
Speaker 1: of about ninety percent in today's session. It did sore
Speaker 1: as much as one hundred and forty five percent earlier
Speaker 1: in this session. This is after the company announced a
Speaker 1: licensing deal with open Ai. Getty said that images from
Speaker 1: its library will appear in the search and discovery features
Speaker 1: of Chatchipt, making a.
Speaker 3: Key reversal for the firm.
Speaker 1: Specifically, The companies did not talk about financial terms or
Speaker 1: disclosed any details over whether Getty's images would be used
Speaker 1: to train future.
Speaker 3: Open A open ai models.
Speaker 1: The partners with open ai I could improve licensing optics
Speaker 1: and shift the narrative on the stack. This is according
Speaker 1: to one analyst over at Benchmark, but nonetheless quite a
Speaker 1: now performer in today's session.
Speaker 3: And then I hope I'm saying this right.
Speaker 1: Appa G Therapeutics APGE, So a little bit of deal
Speaker 1: flow today ABVI agreeing to buy appa ge Therapeutics for
Speaker 1: ten point nine billion to bolster it's anti inflammatory drug portfolio.
Speaker 1: The share price reflecting a roughly forty nine percent premium
Speaker 1: to apage's closing price on Thursday. So again we can
Speaker 1: continue to see I feel like deals within the pharmaceutical space,
Speaker 1: whether it's looking for a big company looking to kind
Speaker 1: of fill out its pipeline.
Speaker 3: So let's look at some of my gainers today.
Speaker 4: All right, Well, speaking of deal day, you're.
Speaker 3: So quiet, he's focused. Oh what you're saying? All right?
Speaker 3: You mean those days when he interrupts me, he's not focused?
Speaker 1: Is that what you're saying.
Speaker 4: I'm going to jump in with some decliners. Shares Alphabet
Speaker 4: down today by just over five percent. It was the
Speaker 4: worst performing of the mag sav and actually the worst
Speaker 4: day in your day going back to February of this year.
Speaker 4: It's a talent war that sparked some of this sell off.
Speaker 4: At least the company lost a second prominent AI researcher,
Speaker 4: as Google deep Mind vice president John Jumper said Friday
Speaker 4: he was leaving for Anthropic If his name sounds familiar.
Speaker 4: He won the twenty twenty four Nobel Prize in Chemistry
Speaker 4: for his work on AI. We also did see last
Speaker 4: week one of Google's most prominent researchers said he was
Speaker 4: leaving for rival Open AI. SpaceX shares fell for a
Speaker 4: third day in a row. The company set it selling
Speaker 4: investment grade bonds for the first time to fund its
Speaker 4: AI ambitions. Shares at one hundred and fifty four dollars
Speaker 4: and sixty cents they felt today by sixteen point four percent.
Speaker 4: The company looking to raise at least twenty billion dollars
Speaker 4: from the first bond offering. That's according to Bloomberg. We
Speaker 4: also saw analyst at key Bank Capital Markets initiate the
Speaker 4: stock with a recommendation of sector weight, writing that much
Speaker 4: of the long term value was already captured in the
Speaker 4: stock price once again. SpaceX shares down today by sixteen
Speaker 4: point four percent, and finally watching shares of Netflix. They
Speaker 4: fell on Monday, the company extending a sell off that's
Speaker 4: taken it to the lowest level in more than a year,
Speaker 4: down five point eight percent today. At one point, it
Speaker 4: was the biggest intra day drop going back to April.
Speaker 4: The stock trading against lois going back to October of
Speaker 4: twenty twenty four, it's dropped more than thirty percent from
Speaker 4: a peak back in April. We did hear from Meta
Speaker 4: Platforms announcing that it's exploring new formats for its Instagram
Speaker 4: for TV platform once again. Shares on Netflix down five
Speaker 4: point eight percent.
Speaker 2: The Stock Movers report from Bloomberg Radio. Check back with
Speaker 2: us throughout the day for the latest roundup of companies
Speaker 2: making news on Wall Street and for the latest market
Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,
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