1 00:00:02,520 --> 00:00:07,040 Speaker 1: Bloomberg Audio Studios, podcasts, radio News. 2 00:00:09,920 --> 00:00:13,360 Speaker 2: This is the closing bell on this stock mover's report 3 00:00:13,600 --> 00:00:16,560 Speaker 2: the companies making moves at the close of US trading 4 00:00:16,800 --> 00:00:22,040 Speaker 2: with Carol Masser, Tim Stenebeck, Romain Bostik, and scarlettfou. 5 00:00:22,280 --> 00:00:24,720 Speaker 3: All right, guys, let's go to some of the individual gainers, 6 00:00:24,840 --> 00:00:27,120 Speaker 3: if I may PayPal on that list at its highs, 7 00:00:27,200 --> 00:00:29,920 Speaker 3: up about two point three percent in today's session, finishing 8 00:00:29,920 --> 00:00:32,320 Speaker 3: with a gain of about one percentage point higher after 9 00:00:32,360 --> 00:00:35,320 Speaker 3: the company applied to become a bank in the US. Move, 10 00:00:35,680 --> 00:00:38,559 Speaker 3: at least according to some analysts, logical could unlock some 11 00:00:38,640 --> 00:00:42,959 Speaker 3: long term monetization should be approved given the favorable regulatory environment. 12 00:00:43,000 --> 00:00:45,760 Speaker 3: Again according to some of these analysts, but again a 13 00:00:45,760 --> 00:00:48,000 Speaker 3: lot of the reporting out on this from the analyst 14 00:00:48,000 --> 00:00:50,440 Speaker 3: community says the timeline is uncertain, could take years, So 15 00:00:50,840 --> 00:00:53,560 Speaker 3: just something to keep in mind. Let's go to Comcast. 16 00:00:54,160 --> 00:00:57,160 Speaker 3: This one was a top performer, number one gainer in 17 00:00:57,200 --> 00:00:59,160 Speaker 3: the S and P five hundred, I believe, also the 18 00:00:59,200 --> 00:01:03,440 Speaker 3: number one gainer in the Nasdaq one hundred in today's session. Yes, 19 00:01:03,600 --> 00:01:06,560 Speaker 3: up about five and a half percent. David Faber over 20 00:01:06,560 --> 00:01:11,240 Speaker 3: at CNBC making some comments about interesting trading activity, particularly 21 00:01:11,319 --> 00:01:15,080 Speaker 3: in the swaps market and also in options. A quote. 22 00:01:15,120 --> 00:01:17,959 Speaker 3: I don't know what's happening exactly, I will say the 23 00:01:18,000 --> 00:01:22,319 Speaker 3: stock some outperformance in many months. Stock though, is under pressure, 24 00:01:22,319 --> 00:01:25,160 Speaker 3: down about twenty two percent, but just certainly popping up 25 00:01:25,160 --> 00:01:28,839 Speaker 3: on our radar for something kind of completely different. This stock, 26 00:01:29,520 --> 00:01:33,560 Speaker 3: the ticker is RZLV. We're talking about Resolve AI, up 27 00:01:33,680 --> 00:01:36,640 Speaker 3: almost forty percent at its highs intra day, up twenty 28 00:01:36,680 --> 00:01:39,360 Speaker 3: eight percent here at the close. It's an AI solutions 29 00:01:39,400 --> 00:01:42,440 Speaker 3: company announced that it expects to exit this year with 30 00:01:42,520 --> 00:01:46,000 Speaker 3: annual recurring revenue exceeding two hundred million. They go on 31 00:01:46,080 --> 00:01:48,760 Speaker 3: to say the results materially exceed the company's original objective 32 00:01:49,040 --> 00:01:52,600 Speaker 3: of reaching one hundred million dollars in annual recurring revenue 33 00:01:52,640 --> 00:01:54,920 Speaker 3: by year end, and surpassing the one to fifty million 34 00:01:55,400 --> 00:01:59,040 Speaker 3: exit rate guidance issue just months ago. So some outperformance there. 35 00:01:59,280 --> 00:02:01,880 Speaker 3: The stock is still out about eighteen percent year to date, 36 00:02:01,920 --> 00:02:04,000 Speaker 3: with seven percent of the float short. And I just 37 00:02:04,040 --> 00:02:09,120 Speaker 3: want to mention, honorable mention, Tesla. I do think it 38 00:02:09,160 --> 00:02:12,720 Speaker 3: may have hit a record close. Let me just look, yeah, high. 39 00:02:12,560 --> 00:02:14,880 Speaker 4: Record high, rather terminal when you have romaine. 40 00:02:14,960 --> 00:02:19,880 Speaker 3: Yeah, I know, well okay, wow, stock up three percent 41 00:02:20,000 --> 00:02:22,320 Speaker 3: here at the close and a new all time high, the. 42 00:02:22,280 --> 00:02:25,079 Speaker 1: First one this year, right, yeah, yeah, first one since 43 00:02:25,160 --> 00:02:27,920 Speaker 1: last year, since basically since the December of twenty twenty four, 44 00:02:28,000 --> 00:02:30,200 Speaker 1: so it's been quite a while. Do you know why 45 00:02:30,240 --> 00:02:31,680 Speaker 1: Carol that it's any your record high? 46 00:02:33,000 --> 00:02:33,440 Speaker 2: Darn you? 47 00:02:33,639 --> 00:02:34,519 Speaker 3: Romaine Bostic? 48 00:02:35,160 --> 00:02:36,880 Speaker 1: Okay, I don't know, do you die? 49 00:02:37,040 --> 00:02:37,120 Speaker 3: No? 50 00:02:37,200 --> 00:02:37,560 Speaker 1: I don't. 51 00:02:37,840 --> 00:02:38,080 Speaker 3: Yeah. 52 00:02:38,639 --> 00:02:39,400 Speaker 2: Actually we talked. 53 00:02:39,639 --> 00:02:41,799 Speaker 3: We wanted to talk to Keith Naughton about like, why 54 00:02:41,840 --> 00:02:43,120 Speaker 3: are we seeing. 55 00:02:42,680 --> 00:02:45,120 Speaker 4: Reform Ford and GM and yeah, it's interesting that on 56 00:02:45,160 --> 00:02:48,000 Speaker 4: a day like today, when we see a big change 57 00:02:48,000 --> 00:02:50,520 Speaker 4: from Ford as of yesterday and the stock react today, 58 00:02:50,760 --> 00:02:54,480 Speaker 4: that we see success at EV's or robotaxis maybe as 59 00:02:54,520 --> 00:02:56,360 Speaker 4: what maybe it was the issues you're thinking about when 60 00:02:56,360 --> 00:02:57,399 Speaker 4: it comes to Tesla. 61 00:02:57,200 --> 00:03:00,400 Speaker 3: Is that the EU proposing ninety percent car emissions reduction target. 62 00:03:00,639 --> 00:03:04,080 Speaker 1: The headline says on the terminal, it's amid that self 63 00:03:04,160 --> 00:03:05,040 Speaker 1: driving optimism. 64 00:03:05,160 --> 00:03:08,720 Speaker 4: There we go, thanks, robots driving optimism. Hey, I want 65 00:03:08,720 --> 00:03:11,480 Speaker 4: to talk about some of the decliners on the day today. 66 00:03:11,720 --> 00:03:13,720 Speaker 4: There were so many energy stocks in the red that 67 00:03:13,800 --> 00:03:16,480 Speaker 4: I just chose the S and P five hundred Composite 68 00:03:16,600 --> 00:03:20,320 Speaker 4: energy down three percent today, all seventy one. Components of 69 00:03:20,320 --> 00:03:24,120 Speaker 4: this were lower. Katie mentioned energy stocks falling as signs 70 00:03:24,120 --> 00:03:26,480 Speaker 4: of and oversupply, and pencil Peace talks weight on oil 71 00:03:26,520 --> 00:03:30,120 Speaker 4: prices WTI falling to its lowest price going back to 72 00:03:30,160 --> 00:03:34,960 Speaker 4: February of twenty twenty one. Major decliners include Exxon Mobile, Chevron, Conoco, Phillips, 73 00:03:35,000 --> 00:03:40,160 Speaker 4: Phillips sixty six, and more. Also shares a Pfizer falling 74 00:03:40,240 --> 00:03:44,320 Speaker 4: on the day today. This after the company forecast revenue 75 00:03:44,360 --> 00:03:47,360 Speaker 4: next year little or no sales growth for the next year. 76 00:03:47,440 --> 00:03:49,600 Speaker 4: That'll be fifty nine and a half to sixty two 77 00:03:49,640 --> 00:03:51,760 Speaker 4: and a half billion dollars shares felt today by three 78 00:03:51,760 --> 00:03:55,320 Speaker 4: point four percent. The company expects next year's adjusted profit 79 00:03:55,960 --> 00:03:57,920 Speaker 4: to reach two eighty to three dollars a share, and 80 00:03:57,960 --> 00:04:01,320 Speaker 4: it's targeting more than seven billion dollars in save twenty seven. 81 00:04:01,800 --> 00:04:06,120 Speaker 4: And finally, ULCC that's Frontier Group, Ultra low cost carrier 82 00:04:06,400 --> 00:04:10,400 Speaker 4: that's the ticker, down eleven point two percent today. Frontier 83 00:04:10,440 --> 00:04:13,200 Speaker 4: shares fell as much as fifteen percent earlier in this session. 84 00:04:13,200 --> 00:04:15,600 Speaker 4: It was the most going only back to August. After 85 00:04:15,640 --> 00:04:18,360 Speaker 4: the company announced that James G. Dempsey has been appointed 86 00:04:18,360 --> 00:04:21,960 Speaker 4: interim CEO. He replaces longtime leader Verry Biffel. 87 00:04:22,360 --> 00:04:24,320 Speaker 1: All Right, quick check on yields. We should just point 88 00:04:24,360 --> 00:04:26,279 Speaker 1: out there we are down for a third straight day 89 00:04:26,760 --> 00:04:28,960 Speaker 1: on yields on the shorter end of the curve, only 90 00:04:29,000 --> 00:04:31,560 Speaker 1: down about two basis points, but obviously the trajectory that 91 00:04:31,600 --> 00:04:34,239 Speaker 1: a lot of folks that priced into this market prior 92 00:04:34,360 --> 00:04:37,039 Speaker 1: to that THEAD meeting a week ago. You're also seeing 93 00:04:37,040 --> 00:04:38,960 Speaker 1: the rest of the yeld curve shift lower here on 94 00:04:38,960 --> 00:04:41,640 Speaker 1: the day, so basically a parallel shift down here as 95 00:04:41,680 --> 00:04:44,720 Speaker 1: we see two to three basis points across the curve. 96 00:04:45,320 --> 00:04:49,360 Speaker 2: This Stock Movers report from Bloomberg Radio. Check back with 97 00:04:49,440 --> 00:04:52,000 Speaker 2: us throughout the day for the latest roundup of companies 98 00:04:52,080 --> 00:04:55,159 Speaker 2: making news on Wall Street and for the latest market 99 00:04:55,200 --> 00:04:59,640 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 100 00:05:00,000 --> 00:05:03,240 Speaker 2: Bomberg dot com, and on Applecarplay and Android Auto with 101 00:05:03,320 --> 00:05:04,760 Speaker 2: the Bloomberg Business app. 102 00:05:09,080 --> 00:05:09,440 Speaker 4: Mm HM