Speaker 1: Bloomberg Audio Studios, podcasts, radio News.
Speaker 2: This is the closing bell on this stock mover's report
Speaker 2: the companies making moves at the close of US trading
Speaker 2: with Carol Masser, Tim Stenebeck, Romain Bostik, and scarlettfou.
Speaker 3: All right, guys, let's go to some of the individual gainers,
Speaker 3: if I may PayPal on that list at its highs,
Speaker 3: up about two point three percent in today's session, finishing
Speaker 3: with a gain of about one percentage point higher after
Speaker 3: the company applied to become a bank in the US. Move,
Speaker 3: at least according to some analysts, logical could unlock some
Speaker 3: long term monetization should be approved given the favorable regulatory environment.
Speaker 3: Again according to some of these analysts, but again a
Speaker 3: lot of the reporting out on this from the analyst
Speaker 3: community says the timeline is uncertain, could take years, So
Speaker 3: just something to keep in mind. Let's go to Comcast.
Speaker 3: This one was a top performer, number one gainer in
Speaker 3: the S and P five hundred, I believe, also the
Speaker 3: number one gainer in the Nasdaq one hundred in today's session. Yes,
Speaker 3: up about five and a half percent. David Faber over
Speaker 3: at CNBC making some comments about interesting trading activity, particularly
Speaker 3: in the swaps market and also in options. A quote.
Speaker 3: I don't know what's happening exactly, I will say the
Speaker 3: stock some outperformance in many months. Stock though, is under pressure,
Speaker 3: down about twenty two percent, but just certainly popping up
Speaker 3: on our radar for something kind of completely different. This stock,
Speaker 3: the ticker is RZLV. We're talking about Resolve AI, up
Speaker 3: almost forty percent at its highs intra day, up twenty
Speaker 3: eight percent here at the close. It's an AI solutions
Speaker 3: company announced that it expects to exit this year with
Speaker 3: annual recurring revenue exceeding two hundred million. They go on
Speaker 3: to say the results materially exceed the company's original objective
Speaker 3: of reaching one hundred million dollars in annual recurring revenue
Speaker 3: by year end, and surpassing the one to fifty million
Speaker 3: exit rate guidance issue just months ago. So some outperformance there.
Speaker 3: The stock is still out about eighteen percent year to date,
Speaker 3: with seven percent of the float short. And I just
Speaker 3: want to mention, honorable mention, Tesla. I do think it
Speaker 3: may have hit a record close. Let me just look, yeah, high.
Speaker 4: Record high, rather terminal when you have romaine.
Speaker 3: Yeah, I know, well okay, wow, stock up three percent
Speaker 3: here at the close and a new all time high, the.
Speaker 1: First one this year, right, yeah, yeah, first one since
Speaker 1: last year, since basically since the December of twenty twenty four,
Speaker 1: so it's been quite a while. Do you know why
Speaker 1: Carol that it's any your record high?
Speaker 2: Darn you?
Speaker 3: Romaine Bostic?
Speaker 1: Okay, I don't know, do you die?
Speaker 3: No?
Speaker 1: I don't.
Speaker 3: Yeah.
Speaker 2: Actually we talked.
Speaker 3: We wanted to talk to Keith Naughton about like, why
Speaker 3: are we seeing.
Speaker 4: Reform Ford and GM and yeah, it's interesting that on
Speaker 4: a day like today, when we see a big change
Speaker 4: from Ford as of yesterday and the stock react today,
Speaker 4: that we see success at EV's or robotaxis maybe as
Speaker 4: what maybe it was the issues you're thinking about when
Speaker 4: it comes to Tesla.
Speaker 3: Is that the EU proposing ninety percent car emissions reduction target.
Speaker 1: The headline says on the terminal, it's amid that self
Speaker 1: driving optimism.
Speaker 4: There we go, thanks, robots driving optimism. Hey, I want
Speaker 4: to talk about some of the decliners on the day today.
Speaker 4: There were so many energy stocks in the red that
Speaker 4: I just chose the S and P five hundred Composite
Speaker 4: energy down three percent today, all seventy one. Components of
Speaker 4: this were lower. Katie mentioned energy stocks falling as signs
Speaker 4: of and oversupply, and pencil Peace talks weight on oil
Speaker 4: prices WTI falling to its lowest price going back to
Speaker 4: February of twenty twenty one. Major decliners include Exxon Mobile, Chevron, Conoco, Phillips,
Speaker 4: Phillips sixty six, and more. Also shares a Pfizer falling
Speaker 4: on the day today. This after the company forecast revenue
Speaker 4: next year little or no sales growth for the next year.
Speaker 4: That'll be fifty nine and a half to sixty two
Speaker 4: and a half billion dollars shares felt today by three
Speaker 4: point four percent. The company expects next year's adjusted profit
Speaker 4: to reach two eighty to three dollars a share, and
Speaker 4: it's targeting more than seven billion dollars in save twenty seven.
Speaker 4: And finally, ULCC that's Frontier Group, Ultra low cost carrier
Speaker 4: that's the ticker, down eleven point two percent today. Frontier
Speaker 4: shares fell as much as fifteen percent earlier in this session.
Speaker 4: It was the most going only back to August. After
Speaker 4: the company announced that James G. Dempsey has been appointed
Speaker 4: interim CEO. He replaces longtime leader Verry Biffel.
Speaker 1: All Right, quick check on yields. We should just point
Speaker 1: out there we are down for a third straight day
Speaker 1: on yields on the shorter end of the curve, only
Speaker 1: down about two basis points, but obviously the trajectory that
Speaker 1: a lot of folks that priced into this market prior
Speaker 1: to that THEAD meeting a week ago. You're also seeing
Speaker 1: the rest of the yeld curve shift lower here on
Speaker 1: the day, so basically a parallel shift down here as
Speaker 1: we see two to three basis points across the curve.
Speaker 2: This Stock Movers report from Bloomberg Radio. Check back with
Speaker 2: us throughout the day for the latest roundup of companies
Speaker 2: making news on Wall Street and for the latest market
Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,
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Speaker 4: Mm HM