1 00:00:02,520 --> 00:00:07,000 Speaker 1: Bloomberg Audio Studios, podcasts, radio News. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:15,880 Speaker 2: in the stock market. Harnessing the power of Bloomberg Data. 4 00:00:16,760 --> 00:00:18,680 Speaker 1: Let's take a look at some stocks on the move today. 5 00:00:18,720 --> 00:00:23,080 Speaker 1: I'm Nathan Hager, joined by Bloomberg's Valerie Tittel. Valerie, good morning. 6 00:00:23,120 --> 00:00:26,360 Speaker 1: Let's talk about what's going on with Boeing. Looks like 7 00:00:26,520 --> 00:00:30,680 Speaker 1: the planemakers looking to get some deals done this week. 8 00:00:30,560 --> 00:00:33,160 Speaker 3: And it could be a huge deal, as the US 9 00:00:33,200 --> 00:00:35,920 Speaker 3: Ambassador to China, David Purdue has said. 10 00:00:35,920 --> 00:00:36,280 Speaker 2: But yes. 11 00:00:36,560 --> 00:00:39,320 Speaker 3: Boeing shares up nearly three percent so far in pre 12 00:00:39,440 --> 00:00:42,520 Speaker 3: market trade. This comes after some news that the US 13 00:00:42,520 --> 00:00:46,120 Speaker 3: and China are in a final stages of negotiation for 14 00:00:46,200 --> 00:00:49,720 Speaker 3: a huge Boeing aircraft order. This is coming from the 15 00:00:49,800 --> 00:00:53,200 Speaker 3: US Ambassador to China, David Purdue, saying that the deal 16 00:00:53,280 --> 00:00:56,360 Speaker 3: is very important to the President and very important to China. 17 00:00:56,480 --> 00:00:56,639 Speaker 2: Now. 18 00:00:56,680 --> 00:00:59,920 Speaker 3: Boeing has been working towards this deal with China to 19 00:01:00,120 --> 00:01:03,680 Speaker 3: sell as many as five hundred aircraft, and a transaction 20 00:01:03,840 --> 00:01:06,800 Speaker 3: that would end a sales drought that stretches all the 21 00:01:06,800 --> 00:01:10,160 Speaker 3: way back to US President Donald Trump's last visit to 22 00:01:10,280 --> 00:01:14,080 Speaker 3: China in twenty seventeen, but perhaps after the TikTok deals 23 00:01:14,160 --> 00:01:17,760 Speaker 3: just another sign of thawing frosty ties between Trump and 24 00:01:17,840 --> 00:01:19,720 Speaker 3: g in the world's two largest economies. 25 00:01:20,000 --> 00:01:22,600 Speaker 1: And this is fascinating. Valerie, We got to talk about 26 00:01:22,760 --> 00:01:26,440 Speaker 1: tailanyl maker ken View after the announcement from the White House. 27 00:01:26,680 --> 00:01:30,040 Speaker 1: That stock is getting quite a bit this morning. 28 00:01:30,319 --> 00:01:30,600 Speaker 2: It is. 29 00:01:30,640 --> 00:01:34,399 Speaker 3: It's up nearly six percent so far yesterday, so far 30 00:01:34,480 --> 00:01:37,520 Speaker 3: today in pre market. No, yesterday the stock hit a 31 00:01:37,600 --> 00:01:41,160 Speaker 3: record low at the close, down over seven percent. Ken 32 00:01:41,240 --> 00:01:44,520 Speaker 3: View is the maker of tailanol, and it fell yesterday 33 00:01:44,520 --> 00:01:47,319 Speaker 3: on reports that Trump administration what's going to link its 34 00:01:47,440 --> 00:01:51,960 Speaker 3: use in pregnancy to autism. But it does seem investor 35 00:01:52,040 --> 00:01:55,560 Speaker 3: fears in yesterday's move. We're now overdone given there's no 36 00:01:55,680 --> 00:01:59,120 Speaker 3: new evidence that was presented by the White House. City 37 00:01:59,160 --> 00:02:01,800 Speaker 3: analysts actually noting the lack of new evidence and the 38 00:02:01,840 --> 00:02:06,440 Speaker 3: limited judicial risk following the announcement by the President means 39 00:02:06,480 --> 00:02:08,840 Speaker 3: that perhaps there is some upside risk in the stock, 40 00:02:08,880 --> 00:02:10,359 Speaker 3: and we are seeing it this morning with ken Do 41 00:02:10,360 --> 00:02:12,680 Speaker 3: you erasing much of its loss yesterday? 42 00:02:12,880 --> 00:02:15,400 Speaker 1: Yeah, we're seeing that as the biggest upside mover in 43 00:02:15,480 --> 00:02:18,640 Speaker 1: the pre market this morning, and the biggest downside mover 44 00:02:19,600 --> 00:02:21,160 Speaker 1: Firefly Aerospace. 45 00:02:21,919 --> 00:02:24,280 Speaker 3: Yeah, no, this one's an interesting one. This is a 46 00:02:24,360 --> 00:02:27,960 Speaker 3: space and defense technology company. It's down near eleven percent 47 00:02:28,440 --> 00:02:31,920 Speaker 3: in pre market trade. It ipoed back in August, and 48 00:02:32,000 --> 00:02:35,120 Speaker 3: it was its first earnings release. Last night, it gave 49 00:02:35,160 --> 00:02:39,519 Speaker 3: an underwhelming revenue number and it's now trading below its 50 00:02:39,560 --> 00:02:42,440 Speaker 3: IPO price of forty five dollars a share, trading at 51 00:02:42,520 --> 00:02:46,120 Speaker 3: forty four to twenty now. Firefly focuses on small rocket 52 00:02:46,200 --> 00:02:49,360 Speaker 3: launchers for satellites and lunar missions. And you might remember 53 00:02:49,400 --> 00:02:52,880 Speaker 3: it from back in March when it landed a privately 54 00:02:53,040 --> 00:02:56,280 Speaker 3: developed spacecraft on the Moon in partnership with NASA. But 55 00:02:56,800 --> 00:03:01,040 Speaker 3: it's looking like it's revenue numbers that they stated yesterday 56 00:03:01,120 --> 00:03:04,520 Speaker 3: just aren't impressing investors at the moment. So Firefly trading 57 00:03:04,560 --> 00:03:06,480 Speaker 3: below its IPO price, down eleven percent. 58 00:03:06,800 --> 00:03:08,680 Speaker 1: And finally, Valerie, maybe we need to do a little 59 00:03:08,680 --> 00:03:11,600 Speaker 1: bit of a meme stock check here. What's going on 60 00:03:11,680 --> 00:03:13,760 Speaker 1: with Better Home and Finance? 61 00:03:14,160 --> 00:03:16,639 Speaker 3: A little bit of frenzy, shall I say? The stock 62 00:03:16,840 --> 00:03:19,040 Speaker 3: soared in the session as much as one hundred and 63 00:03:19,080 --> 00:03:22,920 Speaker 3: seventy five percent yesterday, it's up twenty eight percent again today. 64 00:03:23,400 --> 00:03:26,600 Speaker 3: This all has to do with Eric Jackson, who said 65 00:03:26,600 --> 00:03:29,240 Speaker 3: his hedge fund had bet on the stock. Now, Eric 66 00:03:29,360 --> 00:03:34,239 Speaker 3: Jackson was the same man who sparked the retail driven 67 00:03:34,360 --> 00:03:38,040 Speaker 3: rally in open Door a few months ago. Now this stock, 68 00:03:38,520 --> 00:03:41,920 Speaker 3: Better Home and Finance, is an online mortgage company. He 69 00:03:42,040 --> 00:03:45,080 Speaker 3: posted on x and a series of posts that the 70 00:03:45,080 --> 00:03:48,320 Speaker 3: stock could rise three hundred and fifty times. Part of 71 00:03:48,360 --> 00:03:51,320 Speaker 3: his bullish rationale was that the AI efforts led by 72 00:03:51,360 --> 00:03:55,320 Speaker 3: Better will let it scale lending dramatically while keeping headcount low. 73 00:03:55,400 --> 00:03:57,760 Speaker 3: So there's still a frenzy around the stock. This morning, 74 00:03:57,800 --> 00:04:00,160 Speaker 3: Better Home and Finance of twenty six months. 75 00:04:00,960 --> 00:04:05,200 Speaker 2: The Stockmover's Report from Bloomberg Radio. 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