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Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.

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Speaker 2: This is the closing bell on this stock movers report

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Speaker 2: the companies making moves at the close of US trading

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Speaker 2: with Carol Masser, Tim Stenebeck, Romain Bostik, and Scarlett Food.

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Speaker 3: All right, let's get to some of the individual gainers

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Speaker 3: on this Monday, and definitely the semiconductor space. I'm looking

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Speaker 3: at the socks definitely easily outperforming the broader market today.

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Speaker 3: It's up about one point six percent here, so pretty

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Speaker 3: much finishing at its highs of the session. And so

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Speaker 3: you also had if you look at some particular names

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Speaker 3: luck going on in this space. AMD was also your

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Speaker 3: number two gainer in the s and P five hundred,

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Speaker 3: that one was up about four percent. So you did

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Speaker 3: have US chip makers rising as AMD. You saw UBS

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Speaker 3: analysts raise their price target on AMD to two hundred

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Speaker 3: and ten from one P fifty. You had AMD today

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Speaker 3: closing up about four point three as I said, and

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Speaker 3: closing out one seventy three and change, so some room

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Speaker 3: to run. According to UBS, they also did maintain a

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Speaker 3: buy rating on the shares. You also had Samsung Electronics

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Speaker 3: producing as semiconductors for Tesla, a new sixteen and a

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Speaker 3: half billion dollar pack, so a big win for that

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Speaker 3: company's foundery division. So there is a lot going on

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Speaker 3: in the chip space today, and you definitely saw even

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Speaker 3: some European names ASML for example. It also gained some

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Speaker 3: ground and that is on the US EU trade deal,

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Speaker 3: or at least progress certainly on that front. Do you

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Speaker 3: want to mention Tesla up about three percent in today's session.

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Speaker 3: Morgan Stanley Analysts forecasts at the market for self driving

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Speaker 3: vehicles will hit two hundred billion by twenty thirty, so

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Speaker 3: we saw Tesla up about three percent, and then Nike.

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Speaker 3: I just want to mention up about three point nine

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Speaker 3: percent in today's session. JP Morgan coming out upgrading it

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Speaker 3: from neutral to overweight, raising its price target to from

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Speaker 3: sixty four to ninety three, and telling clients to just

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Speaker 3: buy it. In a new note out today.

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Speaker 1: I just want to check in on some earnings, just

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Speaker 1: on Cadence to This is a software company and the

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Speaker 1: software primarily used to design chips. The company saying the

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Speaker 1: revenue in the most recent quarter came in at about

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Speaker 1: one point two eight billion dollars, a modest feed over

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Speaker 1: street expectations of one point twenty five billion adjusted EPs

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Speaker 1: also beat a dollar sixty five versus street estimates of

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Speaker 1: a dollar fifty six a share. In The company raising

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Speaker 1: is twenty twenty five revenue outlook, saying that it expects

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Speaker 1: growth for the full year. Let me just make sure

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Speaker 1: I have this right of thirteen percent. Here you see

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Speaker 1: the shares hired by about six percent in the after

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Speaker 1: hour straight.

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Speaker 4: Okay, that's Cadence design. We got our eyes out for Whirlpool.

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Speaker 4: We're expecting them to report in just a few minutes.

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Speaker 4: In the meantime, let's take a look at some decliners

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Speaker 4: in today's trade. I want to start with Open Door

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Speaker 4: and before Romaine. You give me a hard time about

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Speaker 4: choosing this one. It was the most actively traded stock.

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Speaker 1: Yeah today, Yeah, I know, Tim, Okay, you get a pass.

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Speaker 3: It's all right.

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Speaker 4: You know I got to come with you know, Amo

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Speaker 4: to back up my choice is here. Seven point nine

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Speaker 4: percent of the downside. Here the company's postponing a shareholder

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Speaker 4: vote on a reverse stock split after a recent run

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Speaker 4: up in the company shares. Remember, it had scheduled this

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Speaker 4: meeting due to it notification from Nasdaq that it could

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Speaker 4: be delisted for failing to maintain a stock price of

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Speaker 4: one dollar or more. That was then this is now.

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Speaker 4: Shares are now above two dollars per share. The reason volatility,

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Speaker 4: though in the company's stock price, led the board to

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Speaker 4: delay the vote on the stock split proposal. Still, the

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Speaker 4: stockfelt today seven point nine percent and Gilad shares fell

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Speaker 4: as analysts noted a potential risk to the company's HIV

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Speaker 4: preventative franchise after Robert F. Kennedy, the Secretary of Health

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Speaker 4: and Human Services, had been reporting to plan the dismissal

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Speaker 4: of an advisory panel that determines what preventative health measures

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Speaker 4: insurers must coverage. Shares fell two point seven percent today.

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Speaker 4: RFK Junior plans to dismiss all sixteen panel members of

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Speaker 4: the US Premititive Services Task Force because you've used them

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Speaker 4: as two quote woke according to The Wall Street Journal,

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Speaker 4: citing people familiar with the matter, and finally, Duelingos what

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Speaker 4: two woke? According to the Wall Street Journal, this is yeah,

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Speaker 4: I'm quoting the Journal's reporting here. Finally du Lingo down

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Speaker 4: six point life. They did not, I'm sorry to say.

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Speaker 4: Moving on to du Lingo shares down six and a

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Speaker 4: half percent today, Citizens out with a note that said

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Speaker 4: it was cautious on the company's upcoming results. The company

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Speaker 4: said third party data suggests engagement slowed since April. The analyst,

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Speaker 4: Andrew Boone ads that slowing growth raises the question of

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Speaker 4: whether Dual Lingo's total addressable market is saturated. They did

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Speaker 4: lower the price target to four fifty from four to

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Speaker 4: seventy five. The company is reporting results for the second

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Speaker 4: quarter just in a couple of weeks August six Next week,

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Speaker 4: actually August sixth.

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Speaker 2: The Stock Movers 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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