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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 company's making moves at the close of US trading

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Speaker 2: with Carol Masser, Tim Stenoveck, Romaine Bostik, and Katie Greifel.

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Speaker 3: We definitely did have some upward momentum among the large caps.

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Speaker 3: Three hundred and seventeen names in the s and P

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Speaker 3: five hundred higher on this snowy Monday, Katie hundred and

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Speaker 3: eighty five to the downside, one unchanged.

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Speaker 1: Well, if you take a look at the sectors as

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Speaker 1: measured by the circle, you certainly had more green than

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Speaker 1: red in terms of what led from a percent percentage perspective.

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Speaker 1: Communication services was at the top of big moves when

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Speaker 1: it comes to alphabet, when it comes to meta tech,

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Speaker 1: you can see they're ticking up a big slice as well, Utilities, financials,

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Speaker 1: et cetera. In terms of what didn't perform on this Monday,

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Speaker 1: consumer discretionary down about seven cents of a percent. You

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Speaker 1: also had consumers and real estate just finishing just barely

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Speaker 1: in the red.

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Speaker 3: Carol, all right, so let's go do something that we've

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Speaker 3: been talking about. I'm assuming you guys too, rare earth companies.

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Speaker 3: They were definitely Magnet Carol Magnets. They were definitely on

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Speaker 3: the move today this on news that USA rare Earth

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Speaker 3: signed a non binding agreement with the Commerce Department for

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Speaker 3: one point six billion in funding, the latest White House

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Speaker 3: deal to boost production of rare earth elements on domestic soil.

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Speaker 3: So you did see USA rare Earth's definitely moving to

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Speaker 3: the upside up about just shy of about eight percent.

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Speaker 3: I do want to point out though, we did look

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Speaker 3: at the whole space and many of the names, whether

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Speaker 3: it was MP Materials or Lithium America's, they rallied but

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Speaker 3: then dropped lower and actually sold off a bit. We

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Speaker 3: talked with our own Jacob Lawrence here at Bloomberg who

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Speaker 3: covers this space, and he said, little company, they're in

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Speaker 3: the very early stage, which you see with a lot

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Speaker 3: of mining companies, yet to be known what kind of

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Speaker 3: rare earths they have. It's a non binding agreement, so

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Speaker 3: it's basically the White House saying we'll give you money

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Speaker 3: depending on how this hands out. But nonetheless, it was

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Speaker 3: definitely on the move in today's session, also moving higher

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Speaker 3: core weave. So we'll flip it on over to that Nvidia,

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Speaker 3: as you know, dominant maker when it comes to AI chips,

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Speaker 3: investing in additional two billion dollars in the cloud computing firm.

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Speaker 3: It's also a key customer of core Weeve, which got

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Speaker 3: us all talking once again about circular financing. So that

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Speaker 3: is something that we kind of keep front and center.

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Speaker 3: You can see that stock though core Weave up about

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Speaker 3: five point seven percent. It's up more than around forty

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Speaker 3: percent year to date. It is down more than thirty

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Speaker 3: percent though since mid August, so we know this one

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Speaker 3: has been under some pressure, but still up pretty mightily.

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Speaker 3: Here in twenty twenty six, Game Stop, thank you Tim

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Speaker 3: for this book. It's like Massar, do you have your gainers?

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Speaker 3: He's like, you got to do this one. Game Stop

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Speaker 3: up about four and a half percent, rallying on heavy volume.

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Speaker 3: Michael Burry saying he's buying shares. He said this on substack.

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Speaker 3: He goes, I own game stock. I've been buying it recently.

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Speaker 3: I expect I am buying at what may soon be

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Speaker 3: a one times tangible book value, one time's net acid value,

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Speaker 3: and he says getting a young Ryan Cone investing in

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Speaker 3: deploying the company's capital and cash flows. Perhaps for the

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Speaker 3: next fifty years. I am not counting on a short

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Speaker 3: squeeze to realize long term value. I believe in Ryan.

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Speaker 3: There's more there. The stock went higher. That's my gainers,

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Speaker 3: all right.

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Speaker 4: I got the gainers, Carol, I got the decliners. Let's

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Speaker 4: start with chairs of booz Allen Hamilton down more than

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Speaker 4: eight percent today. This after the US Treasury Department said

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Speaker 4: had canceled twenty one million dollars of contracts with the

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Speaker 4: company after the consulting firm failed to protect taxpayer data

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Speaker 4: which had had access to, including President Trump's tax returns.

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Speaker 4: The Treasury has thirty one separate contracts with the company.

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Speaker 4: It cited the case of Charles little John, a former

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Speaker 4: booz Allen employee. You pleaded guilty in twenty twenty three

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Speaker 4: to fill any charges for leaking records, including the president's

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Speaker 4: tax returns. Also, the trade desk among the worst performers

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Speaker 4: in the S and P five hundred today, down more

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Speaker 4: than seven percent. This after the company said the employment

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Speaker 4: of CFO Alex Kale was terminated over the weekend. Cale's

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Speaker 4: been CFO since August twenty first. The company did name

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Speaker 4: to Neil Davis fifty five as interim CFO, while the

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Speaker 4: trade desk kN tuck's a search for a permanent successor

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Speaker 4: and finally some M and A news are maybe a

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Speaker 4: lack of M and a news for this final decline

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Speaker 4: of Revolution Medicines shares falling today by sixteen Go ahead

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Speaker 4: and round that up seventeen percent. It's an oncology company.

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Speaker 4: Shares fell as much.

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Speaker 3: As bad ekg line.

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Speaker 4: Yeah it is. I mean, it's just been down all

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Speaker 4: day this after the Wall Street Journal reported that Merk

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Speaker 4: ended talks to acquire the firm, Citing people familiar with

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Speaker 4: the matter, Bloomberg Intelligence's team wrote that the decision to

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Speaker 4: end the deal talks refocuses attention on valuation discipline, with

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Speaker 4: target already up forty eight percent so far this year.

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Speaker 4: Once again, Revolution Medicines down seventeen percent today.

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

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