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

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Speaker 2: This is the closing bell on the Stock Mover's 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 Scarlet Foo.

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Speaker 3: SMP five hundred. By the way, folks, most names hire

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Speaker 3: three hundred and seventy eight to the upside today one

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Speaker 3: hundred and twenty four to the downside Scarlet.

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Speaker 4: So even though the SMP five hundred itself was pretty

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Speaker 4: much flat on the day, we do look at nine

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Speaker 4: sectors finishing in the green. The materials sector up by

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Speaker 4: two and a quarter percent, with all twenty six members

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Speaker 4: advancing healthcare stocks also getting more than one percent of

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Speaker 4: one point four percent. The laggers of the day the

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Speaker 4: biggest sector in the SMP, technology losing one point one percent,

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Speaker 4: and communications services reflecting declines in names like Meta.

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Speaker 3: All right, let's get to some individual gainers and guys.

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Speaker 3: Be kind to me, don't judge. Some of them are

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Speaker 3: not household names. I'm just kind of setting you up here.

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Speaker 3: A small cap five hundred and ninety million dollars.

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Speaker 1: I recognize one of them.

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Speaker 3: Yeah, I'm not sure if I'm helping me if I'm

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Speaker 3: not pronouncing this a tay life sciences. Do you know.

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Speaker 1: You're on your own on that one?

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Speaker 4: You get this?

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Speaker 3: What are you talking about it? I know? Well I

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Speaker 3: ran I had to be what is it?

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Speaker 4: What is it? Carol?

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Speaker 3: It's a life sciences company. It's actually a psychedelic drug

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Speaker 3: development sweet Okay?

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Speaker 2: Yeah?

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Speaker 4: In Berlin.

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Speaker 3: Yeah, it's based in Berlin. Do you know this company?

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Speaker 5: I have not done any testing for.

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Speaker 4: Them, but he's in Berlin with fifty four employees.

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Speaker 3: Thank you God, you guys are tuch love such love. Yeah,

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Speaker 3: it's five hundred and ninety million dollar market cap. Shares

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Speaker 3: up as much as thirty two percent today, finishing the

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Speaker 3: day with about a twenty three almost twenty four percent gain.

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Speaker 3: Psychedelic drug developer set a mid stage trial of its

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Speaker 3: experimental therapy for treatment resistant depression met all key endpoints.

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Speaker 3: You know that this is something that's been percolating for

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Speaker 3: years generally when it comes to psychedelics. Stocks up about

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Speaker 3: one hundred and nine percent year to date. Seven percent

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Speaker 3: though of the float is shorted, but that was definitely

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Speaker 3: a standout. Here's another one, not household, just under a

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Speaker 3: six hundred million dollar market cap shares jumping about thirteen

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Speaker 3: fourteen percent after Rock Capital Partners raised the price target

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Speaker 3: for the gold and silver producer to fifteen from twelve

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Speaker 3: after the company increased its gold and silver price forecast.

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Speaker 3: This stock is at forty one percent year today. Ten

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Speaker 3: percent of the float is short. And then here's a

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Speaker 3: more well known company, eight billion dollar market cap company

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Speaker 3: I know, I know, ad Co, finishing the day with

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Speaker 3: a gain of just shy of five percent. Tractor Manufacturer,

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Speaker 3: as you know, entered into a set of agreements resolving

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Speaker 3: all outstanding debuts with Tractors and Farm Equipment Limited. It's

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Speaker 3: the company's largest shareholder. Stockhetting a fifty two week high.

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Speaker 3: And just honorable mention Nike up about three percent, Argus upgrade,

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Speaker 3: saying the recovery is underway.

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Speaker 4: I just want to small CAP's victory lot.

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Speaker 3: You know.

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Speaker 1: That is why I add a.

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Speaker 4: Couple of two.

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Speaker 3: I thought it was a broaden like it was kind

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Speaker 3: of interesting, right, yeah, go ahead, I just want.

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Speaker 1: To add a couple of too those as well. Here

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Speaker 1: a lot of strength in the auto stocks today, the

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Speaker 1: ones not named Tesla, particularly with GM of six percent,

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Speaker 1: and of course we saw a big move higher in

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Speaker 1: Las Vegas, Sands, Win and Milco on the casino companies

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Speaker 1: on the back of a new data Matt out of Macaut.

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Speaker 3: Like my names, did you he didn't like my names?

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Speaker 5: He's not going to respond. I'll tell you the decliners

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Speaker 5: and Tesla has to be the standout, certainly the biggest

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Speaker 5: of them. It's no longer worth the trillion dollars. It's

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Speaker 5: down for six days in a row. It's fallen almost

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Speaker 5: fourteen percent in those last six trading days as well.

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Speaker 5: First of all, the big beautiful Bill goes through taking

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Speaker 5: out EV subsidies and tax credits sooner than initially expected.

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Speaker 5: That and now it looks like Trump and Musk. President

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Speaker 5: Trump and Elon Musk are in another fight where President

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Speaker 5: Trump is ready to turn Doge, which he refers to

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Speaker 5: as a monster, against now Elon Musk's companies and potentially

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Speaker 5: looking at deportation of Elon Musk. I don't know how

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Speaker 5: that would work since he's a US citizen, but I

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Speaker 5: feel like I have confidence that President Trump can achieve

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Speaker 5: even that. Warner Brothers Discovery shares down as well after

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Speaker 5: a big block trade. Advanced new House sold one hundred

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Speaker 5: million shares for about one point one billion dollars according

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Speaker 5: to a filing that was at four point three percent

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Speaker 5: below where the stock closed, and you can see today

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Speaker 5: it's down four point five to four percent, so almost

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Speaker 5: exactly that. And then I've been thinking a lot about Strategy,

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Speaker 5: which used to be called micro Strategy, and the ticker

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Speaker 5: is still mstr because of this spat scarlet between Jim

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Speaker 5: Chanos and Michael Sailor. I was listening yesterday to the

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Speaker 5: Odd Loss podcast with Chinos, which I highly recommend you

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Speaker 5: take a listen to it, because they really trash these

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Speaker 5: leveraged bitcoin proxies. However, Strategy looks set to register an

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Speaker 5: unrealized gain of fourteen billion dollars in the second quarter,

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Speaker 5: which is massive. There are only ten US multinationals that

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Speaker 5: are expected to exceed ten billion dollars in profits last quarter,

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Speaker 5: so micro Strategy is among essentially the biggest banks on

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Speaker 5: Wall Street.

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Speaker 4: Doesn't Strategy have an actual business?

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Speaker 5: I mean when we talk to Michael Sailor, he said

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Speaker 5: they have a real business selling financial products and software,

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Speaker 5: But essentially it's a leveraged bitcoin proxy, right, Yeah, that's

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Speaker 5: what it's And there are like two hundred others, apparently

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Speaker 5: all the me too copycats.

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Speaker 1: All right, let's keep it moving here. I just quick

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Speaker 1: check on yields, guys. We did see a bit of

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Speaker 1: a flip flop in the trend line that we've had

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Speaker 1: over the last few weeks, where short term yields would

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Speaker 1: fall more than long term yields. But that flipped on

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Speaker 1: its head today with shorter term yields moving higher five

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Speaker 1: to six basis points on the two year yield. And

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Speaker 1: a lot of this has to do with now where

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Speaker 1: rethink of some of those bets on FED rate cuts

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Speaker 1: that sholt Stata a big preview, potentially a preview to

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Speaker 1: what we might learn on Thursday with the monthly jobs report,

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Speaker 1: causing some people to see a little bit more strengthen

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Speaker 1: the labor market, which ie would translate into maybe a

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Speaker 1: little bit less likelihood of a rate cut anytime soon.

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Speaker 3: All right, And I just want to mention how Speaker

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Speaker 3: Mike Johnson some headlines he's speaking to reporters saying a

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Speaker 3: lot of work ahead, but we'll get the Trump tax

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Speaker 3: bill done, he said. The Senator ended the tax bill

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Speaker 3: a little bit more than preferred.

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Speaker 1: The consolation brands out this is for their fiscal first

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Speaker 1: quarter looks like on a comp sales basis, they did

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Speaker 1: come in relatively on the nose three dollars and twenty

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Speaker 1: two cents in the most recent quarter. The street was

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Speaker 1: looking for that on average, so we should point out

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Speaker 1: analyst coverages somewhat limited. Beer net sales did miss as expected,

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Speaker 1: so did wine and spirit sales also missing as expected,

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Speaker 1: and total beer operating income dropped by about five point

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Speaker 1: four percent. You see the shaar is slightly lower in

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Speaker 1: the after hours trade, down by about three percent here.

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Speaker 1: It's going to take a while to dig through some

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Speaker 1: of the other numbers in this release, but on the

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Speaker 1: surface here it looks like either in line or slightly

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Speaker 1: below what the street was looking for.

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Speaker 4: And well, of course, keep an eye on what they

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Speaker 4: say about the impact of tariffs as well, especially on

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Speaker 4: aluminum cans because they do import from their aluminum for

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Speaker 4: those cans.

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Speaker 3: Yeah, but definitely seeing some pressure here in the aftermarket.

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Speaker 3: Stalks down about twenty four almost twenty five percent year

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Speaker 3: to date, so again some disappointment here following earnings.

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