1 00:00:02,520 --> 00:00:07,440 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 --> 00:00:16,160 Speaker 2: in the stock market. Harnessing the power of Bloomberg Data. 4 00:00:16,360 --> 00:00:17,720 Speaker 3: Let's take a look at some of the stocks on 5 00:00:17,760 --> 00:00:21,200 Speaker 3: the move today. Let's join by Bloomberg's Billy Lipschaltz. Billy, 6 00:00:21,239 --> 00:00:21,800 Speaker 3: what are you looking at? 7 00:00:21,840 --> 00:00:23,479 Speaker 1: Yeah, one of the stocks that was on the move 8 00:00:23,560 --> 00:00:26,040 Speaker 1: to a much sharper degree earlier this morning. But his 9 00:00:26,120 --> 00:00:30,080 Speaker 1: dial that back is Venture Global ticker VG company basically 10 00:00:30,160 --> 00:00:35,159 Speaker 1: transports LNG. So as we've seen energy markets move, markets 11 00:00:35,159 --> 00:00:37,920 Speaker 1: are responding in kind and vice versus. So the stock 12 00:00:38,120 --> 00:00:40,400 Speaker 1: was at one point out more than four about four 13 00:00:40,400 --> 00:00:43,120 Speaker 1: percent now closer to one point three percent, alongside kind 14 00:00:43,120 --> 00:00:46,600 Speaker 1: of a push and pull as it were, into oil, 15 00:00:46,800 --> 00:00:53,000 Speaker 1: oil movers, liquid LNG minors, LNG distributors, exporters. Again keeping 16 00:00:53,000 --> 00:00:55,280 Speaker 1: an eye on what Creu's doing right now, it's about 17 00:00:55,360 --> 00:00:57,640 Speaker 1: ninety three bucks of barrels is still up three percent, 18 00:00:57,920 --> 00:01:02,120 Speaker 1: but not quite where it was before the latest headlines 19 00:01:02,160 --> 00:01:05,760 Speaker 1: around conversations around potentially ending this ongoing war. 20 00:01:05,880 --> 00:01:07,759 Speaker 2: All right, let's talk about a corner of the market 21 00:01:07,760 --> 00:01:10,360 Speaker 2: that had been doing incredibly well the last couple of weeks, 22 00:01:10,400 --> 00:01:11,560 Speaker 2: and that's memory chip makers. 23 00:01:11,680 --> 00:01:14,480 Speaker 1: Yeah, we're seeing selling pressure across a number of companies. 24 00:01:14,520 --> 00:01:17,440 Speaker 1: Want to call out sand Disk ticker SNDK, this is 25 00:01:17,440 --> 00:01:21,520 Speaker 1: the company that was carved out of Western Digital stock 26 00:01:21,600 --> 00:01:25,199 Speaker 1: right now down more than six percent, has been pretty 27 00:01:25,240 --> 00:01:28,000 Speaker 1: much the biggest winner in the market, all things considered. 28 00:01:28,120 --> 00:01:31,399 Speaker 3: It's eleven percent over the trail weeks. 29 00:01:31,400 --> 00:01:32,679 Speaker 2: That's a ten bagger. 30 00:01:33,319 --> 00:01:36,279 Speaker 1: It's honestly insane. And this has been a heavily driven 31 00:01:36,319 --> 00:01:39,320 Speaker 1: by the demand and expectation around memory chip makers. Still 32 00:01:39,400 --> 00:01:42,200 Speaker 1: up again, that is a breathtaking number. Still up year 33 00:01:42,240 --> 00:01:44,240 Speaker 1: to date one hundred and sixty seven percent. So the 34 00:01:44,240 --> 00:01:46,480 Speaker 1: best performer in the S and P five hundred really 35 00:01:46,480 --> 00:01:48,800 Speaker 1: blows out like a number of baskets that track spin 36 00:01:48,840 --> 00:01:52,360 Speaker 1: off in carve outs. But now it's fully separated from 37 00:01:52,360 --> 00:01:57,040 Speaker 1: Western Digital. But this sell off today related to Google 38 00:01:57,080 --> 00:02:00,640 Speaker 1: researchers touting new compression technique that could to help kind 39 00:02:00,680 --> 00:02:03,920 Speaker 1: of reduce the need for memory chips, reduce the need 40 00:02:03,960 --> 00:02:06,400 Speaker 1: for energy, and we're seeing that kind of knock on 41 00:02:06,560 --> 00:02:08,840 Speaker 1: to some of these stocks. But Paul, as you mentioned, 42 00:02:09,680 --> 00:02:12,960 Speaker 1: if you're up eleven, it's easy to take a few 43 00:02:13,320 --> 00:02:16,120 Speaker 1: chips off of the table all right, real quick JBS 44 00:02:16,280 --> 00:02:20,760 Speaker 1: JBS ticker JBS it is the biggest global meat producer 45 00:02:20,840 --> 00:02:24,560 Speaker 1: for people who do not track the industry closely, like myself. 46 00:02:25,160 --> 00:02:28,440 Speaker 1: Up more than seven percent right now, best day since August. 47 00:02:29,080 --> 00:02:32,320 Speaker 1: This comes after earnings, so pretty strong, even aubeating expectations 48 00:02:32,360 --> 00:02:34,680 Speaker 1: and really kind of calling out, according to analysts, their 49 00:02:34,720 --> 00:02:40,440 Speaker 1: ability to navigate strong demands underpinning better efficiencies. But still 50 00:02:40,480 --> 00:02:42,720 Speaker 1: a lot of headwinds going on as it relates to 51 00:02:43,040 --> 00:02:45,359 Speaker 1: cattle inflation and kind of expectations. 52 00:02:45,400 --> 00:02:48,480 Speaker 3: Need protein, Paul protein. Oh, that's right, okay, And you know, 53 00:02:48,560 --> 00:02:50,919 Speaker 3: my strategy just make more cons So that's kind of 54 00:02:50,919 --> 00:02:51,960 Speaker 3: where I'm sticking with that. 55 00:02:53,320 --> 00:02:57,360 Speaker 2: The Stock Movers Report from Bloomberg Radio. Check back with 56 00:02:57,440 --> 00:02:59,960 Speaker 2: us throughout the day for the latest roundup of companies 57 00:03:00,120 --> 00:03:03,160 Speaker 2: making news on Wall Street and for the latest market 58 00:03:03,200 --> 00:03:07,640 Speaker 2: moving headlines. 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