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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: The Stock Movers Report, your roundup of companies making moves

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Speaker 2: in the stock market, harnessing the power of Bloomberg Data.

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Speaker 1: Stock Movers. It's a podcast Breathless with Lisa Mataio Lisa Worthy.

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Speaker 1: A story.

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Speaker 3: We Gotta go banks. Okay, I'll start with Morgan Stanley

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Speaker 3: takr MS. Their shares have been it's kind of bit fluctuating.

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Speaker 3: So it's been up as much as one percent, come back,

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Speaker 3: you know, a bit down as much as one percent.

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Speaker 3: Uh So the breakdown is debt bankers increased revenue ninety

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Speaker 3: three percent in the fourth quarter. It's really been a

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Speaker 3: record year for that business. On debt underwriting revenue came

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Speaker 3: in at seven hundred and eighty five million for the

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Speaker 3: last three months of the year. Analysts we're just expecting

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Speaker 3: six hundred and thirty five million. But Morgan Stanley's really

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Speaker 3: been making this push into debt capital markets. I mean

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Speaker 3: you see it in the AI space. It arranged these

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Speaker 3: tens of billions of dollars of debt in the fourth quarter.

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Speaker 3: Morgan Stanley Wealth revenue assets top estimates. Here's a downside.

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Speaker 3: The stock trading revenue that fell short of Goldman Sacks,

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Speaker 3: and that leads into my next bank. Yes, Goldman Sacks,

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Speaker 3: you like that, right. Gs. Their SHARE's fluctuating too. They

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Speaker 3: were higher turning lower down as much as two percent.

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Speaker 3: We've had different calls to conference calls. Their equity traders

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Speaker 3: beat their own Wall Street record. Equity trading revenue posted

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Speaker 3: all time Wall Street record four point three to one

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Speaker 3: billion the final three months of the year. It also

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Speaker 3: came in nearly seven hundred million higher than what analysts

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Speaker 3: expected for the quarter. So they fine tuned their trading machine.

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Speaker 3: They expanded its investment bank investment banking share. The downside

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Speaker 3: are the expenses. The bank saw its operating costs rise

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Speaker 3: eighteen percent year over year. And then Tom, you mentioned

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Speaker 3: the Apple card, right, we got to talk about the

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Speaker 3: Apple cards. So net revenue for the bank was like

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Speaker 3: fifty eight million, but it could have been a record

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Speaker 3: if it didn't take that multi billion dollars pay.

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Speaker 1: Pause here, major shout out to David Solomon Streets three.

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Speaker 1: Every time I talked to Street now Rotingen, I learned something.

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Speaker 1: Solomon was a piniata. I mean he was really It

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Speaker 1: was rough for a while, and it's like Zuckerberg. He's

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Speaker 1: really turned golden sacks around. I don't think enough people

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Speaker 1: talk about it. You know, they're doing better than good.

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Speaker 3: They are the push to grow the wealth and buy

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Speaker 3: out business too, so so they do have on the

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Speaker 3: up and up. Also on the up and up is TSMC.

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Speaker 3: I know you look talk and tech okay.

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Speaker 1: Eh International They're not some sleep and Timewan grocery store coming.

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Speaker 3: It's Agia's most valuable company. It is a DRS up

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Speaker 3: as much as six percent. Uh, they're gonna left capital

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Speaker 3: spending as much as fifty six billion dollars. It's a

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Speaker 3: big number in twenty twenty six forecast faster, faster than

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Speaker 3: expected revenue growth too on top of that. But it

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Speaker 3: just shows how it may.

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Speaker 4: Italis the AI trade, you know, right there with a

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Speaker 4: number like that, because we've been hearing you know that

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Speaker 4: that there was worries about it, you know, like the

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Speaker 4: whole AI trade, and this kind of is that good news,

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Speaker 4: that bright spot that maybe people, you know, investors were

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Speaker 4: looking for. I mean, I guess we so need to

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Speaker 4: see the profits. Yes, investing is certainly there.

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Speaker 3: Exactly, but I mean it's affecting other stocks to like

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Speaker 3: ASML holding, They have TSMC as its biggest customers. Their

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Speaker 3: shares jumping, they actually surpass five hundred billion in market

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Speaker 3: value ASML and then record high.

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Speaker 4: I think right, yes, yes, yes.

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Speaker 1: When you were at WP I here we go, or

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Speaker 1: you were iconic at CBS and ABC, did you ever

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Speaker 1: think you'd be talking about Taiwan's duct.

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Speaker 4: Day in the tongue?

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Speaker 1: Yes, it's just like it does. Do you have a

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Speaker 1: national bagel Day? You have one more stock to give us,

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Speaker 1: just the.

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Speaker 3: Other ones that that are kind of on the rise

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Speaker 3: because of this, like stocks like applied materials, research, like

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Speaker 3: those kind of stocks. Even in Vidian alphabet, they're sharing

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Speaker 3: your lift.

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Speaker 2: This stock mover's report from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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Speaker 2: making news on Wall Street and for the latest market

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