WEBVTT - Closing Bell: Storage Stocks Surge, Credit-Reporting Stocks Fall

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

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<v Speaker 2>This is the closing bell on the stock Movers report

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<v Speaker 2>the company's making moves at the close of US trading

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<v Speaker 2>with Carol Masser, Tim Stenobeck, Romain Bostik, and Scarlett Food.

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<v Speaker 1>All right, I want to go to a batch of names.

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<v Speaker 1>Sand Discs, Western Digital, Micron, Seagate, top four gainers. We've

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<v Speaker 1>seen in the top they were actually top in the

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<v Speaker 1>S and P five hundred, and we've seen them leading

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<v Speaker 1>the way once again today. Sand Disk you can see

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<v Speaker 1>it's up twenty seven percent today session, Western Digital ups

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<v Speaker 1>seventeen percent. You've got Micron up about ten percent, and

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<v Speaker 1>then of course you've got Sagate up about fourteen percent.

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<v Speaker 1>Seagate alone number one gainer in the S and P

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<v Speaker 1>five hundred last year after that strong start soaring, Why

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<v Speaker 1>are these names all hire and Videos CEO Jensen Wong

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<v Speaker 1>saying memory storage chip market is un served market, and

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<v Speaker 1>so we did see Sandex hitting a record on high volume.

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<v Speaker 1>So really some outperformance if you look at those names

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<v Speaker 1>in particular, and then just real quickly for something different.

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<v Speaker 1>OS is the ticker one stream. It's a five point

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<v Speaker 1>six billion dollar market cap company, share soaring today up

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<v Speaker 1>about twenty eight percent after Bloomberg News reported that buy

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<v Speaker 1>It from HD is buying the maker of financial software

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<v Speaker 1>company and taking it private price six point four billion.

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<v Speaker 1>As I mentioned or I didn't mention six point four billion,

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<v Speaker 1>twenty four dollars a share. That was a thirty one

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<v Speaker 1>percent premium. So yeah, a high flyer there.

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<v Speaker 3>I love the five gainers, I know five for one.

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<v Speaker 3>That was pretty cool. For fine, I got two decliners.

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<v Speaker 3>You reaking me look bad. Carol Trained Technologies falling two

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<v Speaker 3>and a half percent. We saw a lot of cooling

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<v Speaker 3>systems makers fall today, this after Nvidia CEO Jensen Wong

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<v Speaker 3>raised fears about demand for their products from data centers.

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<v Speaker 3>Johnson Controls fell as much as eleven percent, Moti Manufacturing

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<v Speaker 3>fell much as twenty one percent. Carrier Global also was

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<v Speaker 3>among the worst performers in the S and P five

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<v Speaker 3>hundred today. Jensen said it's possible to cool racks with

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<v Speaker 3>the company's next gen rubin chips using water at a

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<v Speaker 3>temperature that does not require a water chiller, and that's

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<v Speaker 3>why we saw shares of these companies fall today. Also,

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<v Speaker 3>shares of America's largest credit reporting companies falling on the

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<v Speaker 3>day today, shares of Equifax falling three point nine percent

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<v Speaker 3>after Federal Housing Finance Agency Director Bill Polti called out

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<v Speaker 3>the firms for raising prices. Here's what he said in

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<v Speaker 3>a post on social media. Quote, I do not understand

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<v Speaker 3>what the credit bureaus are doing with their pricing. They

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<v Speaker 3>are inviting a lot of scrutiny that is only intensifying

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<v Speaker 3>by the day. This comes after the Mortgage Banker's Association

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<v Speaker 3>set in a letter to Bill Poulty that its members

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<v Speaker 3>are facing another significant increase in credit reporting costs for

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<v Speaker 3>twenty twenty six.

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<v Speaker 2>This stock Movers report from Bloomberg Radio. Check back with

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<v Speaker 2>us throughout the day for the latest roundup of companies

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