WEBVTT - Taylor Morrison Home, Nvidia, IBM All Jump Higher 

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, radio News.

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<v Speaker 2>The Stock Movers Report, your roundup of companies making moves

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<v Speaker 2>in the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 1>I'm Jim Staneveek with Emily Grafea. We're joined by Bloomberg

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<v Speaker 1>Television Markets correspondent Nora Melinda, what do you watch? And Nora,

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<v Speaker 1>there's a lot moving, There's a lot.

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<v Speaker 3>To pick from today. I'm looking at some deal news,

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<v Speaker 3>so I'm looking at shares of Taylor Morrison. They're surging

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<v Speaker 3>for their best day since twenty twenty. Now, this is

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<v Speaker 3>after some news involving Berkshire Hathaway plans to acquire Taylor

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<v Speaker 3>Morrison Home in an all cash deal. It's worth about

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<v Speaker 3>almost nearly seven billion dollars. Now, of course we do

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<v Speaker 3>know that Berkshire Hathaway does have involvement in the real

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<v Speaker 3>estate space, but this is really underscoring the home building

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<v Speaker 3>sector more broadly, in an emphasis in that space for

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<v Speaker 3>the company. We know the deal is expected to close

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<v Speaker 3>in the second half of twenty twenty six, and it

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<v Speaker 3>should unify Berkshire's site built home build bilding operations in

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<v Speaker 3>a combined platform, so it'll be a pretty massive undertaking

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<v Speaker 3>and a great deal for Berkshire clearly.

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<v Speaker 1>Well the first multi billion dollar acquisition under Greg Abel.

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<v Speaker 1>He took over his Berkshire Hathaway after legendary investor Warren

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<v Speaker 1>Buffett retired last year. Though home builder stocks have underperformed,

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<v Speaker 1>mortgage rates have hit the highest going back to August.

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<v Speaker 1>So it's an interesting move in a time when it

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<v Speaker 1>seems like the housing market is really at a standstill.

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<v Speaker 3>Absolutely. If you take a look at S one to

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<v Speaker 3>five Home, that's an index that tracks some of the

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<v Speaker 3>US home builders, it's down about two point three percent

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<v Speaker 3>so far year to date. We know that this is

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<v Speaker 3>an industry that had surge prior to the rate hikes

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<v Speaker 3>that we were seeing before. So interesting as you think

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<v Speaker 3>about the broader landscape and how it affects the consumer

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<v Speaker 3>and whether or not people are actually out there buying

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<v Speaker 3>houses right now at this time.

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<v Speaker 4>Okay, And one company that's basically been on a straight

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<v Speaker 4>ride up for the last several years is in Vidia,

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<v Speaker 4>and it's on the move again today.

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<v Speaker 3>Yes, on the move again. Looking at shares of a

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<v Speaker 3>video right now, up about six percent year to date,

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<v Speaker 3>twenty percent. But the news that we're looking at today

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<v Speaker 3>and why the stock is rising for its best day

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<v Speaker 3>since February. That's after the company unveiled a new AI

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<v Speaker 3>focused PC chip. Now we know that Intel has pretty

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<v Speaker 3>much had a stronghold on the PC market in video

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<v Speaker 3>really coming in here taking an aim at the company.

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<v Speaker 3>Looking at shares of Intel, they are lower by more

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<v Speaker 3>than four percent. Also, AMD, which we know is a

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<v Speaker 3>competitor to in video shares also following about zero point

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<v Speaker 3>five percent. So we'll have to see whether or not

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<v Speaker 3>in videos able to really make a major emphasis as

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<v Speaker 3>we think about the artificial intelligence ramp up and what

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<v Speaker 3>that means for the PC market.

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<v Speaker 1>We had a great chat with Ian King on Bloomberg

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<v Speaker 1>BusinessWeek Daily today. You can check it out on our

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<v Speaker 1>podcast feed cover Semiconductors for Bloomberg News, and he talked

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<v Speaker 1>about the promise of these AI PCs, these laptops, these desktops.

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<v Speaker 1>The question, and I think that you were getting at

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<v Speaker 1>this too, is like what are we going to be

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<v Speaker 1>doing with them that we can't do on our phones

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<v Speaker 1>with these lms at least right now.

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<v Speaker 4>Yeah, Ian mentioned using like photoshop. I think he was

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<v Speaker 4>talking about like simple ways that consumers can use it,

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<v Speaker 4>but it seemed a little even too advanced.

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<v Speaker 1>What I asked, you know, looking at Instagram and doing like.

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<v Speaker 4>Yes, yeah, exactly, Okay, we have one more tech name,

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<v Speaker 4>uh Nora on your list IBM.

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<v Speaker 3>Yeah. Shares of IBM up more than seven percent right now.

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<v Speaker 1>Now.

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<v Speaker 3>This is after some online chatter. There was a video

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<v Speaker 3>that resurfaced about six months old from back in December

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<v Speaker 3>a White House event that showed President Donald Trump praising

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<v Speaker 3>the company. So as you really think about investors really

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<v Speaker 3>looking at some of these speculative parts of the market

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<v Speaker 3>and really where to place their money, we're seeing shares

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<v Speaker 3>surging off of this resurfacing on the internet.

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<v Speaker 1>Wait, hold on, shares are higher. Investors are buying shares

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<v Speaker 1>of IBM because of videos six months old of President

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<v Speaker 1>Trump talking about IBM.

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<v Speaker 3>The video in the video, so it's from December, a

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<v Speaker 3>white House event. It says that it recirculated over the weekend.

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<v Speaker 3>And this is also including a post from polymarket Money

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<v Speaker 3>that racked up more than seven hundred thousand use. So

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<v Speaker 3>people are talking on the internet. They're saying buy the stock,

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<v Speaker 3>and you're seeing shares higher off of that.

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<v Speaker 2>The Stockmovers report from Bloomberg Radio check back with us

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<v Speaker 2>news on Wall Street, and for the latest market moving headlines.

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