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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 Stenebeck, Romain Bostick, and Scarlet Foo.

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Speaker 3: The S and P five hundred post names in the

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Speaker 3: index hired today three hundred and thirteen to the upside

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Speaker 3: and Katie one hundred and eighty eight to the downside,

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Speaker 3: two unchanged.

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Speaker 4: Let's take a look at the sectors as measured by

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Speaker 4: my friend the circle, and you can.

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Speaker 5: See that again a risk on day.

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Speaker 4: Look at Information technology that is bright green, that was

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Speaker 4: one of your big gainers, say up about two point

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Speaker 4: seven percent as a sector. Communication services also hire by

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Speaker 4: about two and a half percent. Consumer discretionary industrials. The

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Speaker 4: list goes on in terms of what didn't exactly perform today.

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Speaker 4: On the downside, you have consumer staples, real estate and utilities.

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Speaker 4: But again that too fixed into this risk on behavior

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Speaker 4: that we see.

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Speaker 5: All right, I'm going to go to the individual gainers.

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Speaker 3: Let's start with Palenteer shares closing almost nine percent higher,

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Speaker 3: its best day since April ninth. So that's stock a

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Speaker 3: top gainer in the S and P five hundred, also

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Speaker 3: the Nasdaq one hundred. Keep in mind they were down

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Speaker 3: about eleven percent last week, but jumping in today's session.

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Speaker 3: I will point out Michael Burie and his Scion Asset

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Speaker 3: Management remember just revealing about one week ago in a

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Speaker 3: filing at thirteen a half filing that at the end

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Speaker 3: of September it owned a bearish put options on five

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Speaker 3: million Palenteer shares with the value of about nine hundred

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Speaker 3: twelve million.

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Speaker 5: But there's been this back and forth evaluation on this one.

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Speaker 3: Many say way way overvalued, and we certainly saw investors

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Speaker 3: rethink it last week, but nonetheless investors coming back in

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Speaker 3: a big way. Semiconductors I mentioned definitely some outperformance in

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Speaker 3: the overall sector today. I got to mention Micron Technology.

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Speaker 3: This was one of the outperformers, up about six and

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Speaker 3: a half percent in today's session and a top gainer

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Speaker 3: in both the S and P and Nasdaq one hundred.

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Speaker 5: Micron two was up about six percent last week, even.

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Speaker 3: Though the socks was overall down about four percent last week,

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Speaker 3: but again investors continuing to move into it.

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Speaker 5: You also had TSMC.

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Speaker 3: Got to mention that one the ADRs that trade here

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Speaker 3: up about three percent. That just bye posting its slowest

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Speaker 3: growth in eighteen months amid the AI bubble debate.

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Speaker 5: So that's been going on.

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Speaker 3: And then I'm just going to mention L Beauty really

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Speaker 3: quickly up more than eight percent after announcing today the

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Speaker 3: brand's official launch at Alta Beauty in Mexico. And just

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Speaker 3: because I don't want Romaine to get on me, I

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Speaker 3: got to mention C three AI. That stock just a

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Speaker 3: quick bump up as much as twelve percent intra day

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Speaker 3: on the news from Reuters that they're exploring a potential

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Speaker 3: sale or some other options, but the stock finishing with

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Speaker 3: about a three point six percent gain at the close.

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Speaker 5: So I'm done all years anything Romain. No, not yet, Tim,

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Speaker 5: Let's look that can't wait.

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Speaker 6: I want to go with Decliner's. Shares of US healthcare,

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Speaker 6: insurance and hospitals fell, including Senten, down eight point eight

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Speaker 6: percent today. This as lawmakers come closer to ending a

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Speaker 6: government down without securing any extension of the affordable characters.

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Speaker 6: This is actually the worst performer on a percentage basis

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Speaker 6: in the S and P five hundred now. As part

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Speaker 6: of the Senate deal to end the shutdown, Democrats were

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Speaker 6: able to obtain a pledge for a separate vote on

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Speaker 6: healthcare tax credits in the coming weeks. Oscar Health, did

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Speaker 6: they fail for that? We asked this question actually to

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Speaker 6: get a trays a little earlier. Yeah, and she's whether

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Speaker 6: or not that vote would happen or if Republicans would

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Speaker 6: you know, come to the table in good faith? And

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Speaker 6: she said she's been that's the question she's been getting

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Speaker 6: most from clients this afternoon.

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Speaker 5: What does cal she say?

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Speaker 6: What are the prediction mark? I haven't pulled it up,

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Speaker 6: yeah either right now, but I know what it says.

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Speaker 6: What does it say?

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Speaker 1: Probably zero?

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Speaker 5: Okay?

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Speaker 6: Oscar Health an honorable mention, fell seventeen and a half

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Speaker 6: percent in other health insurer today. Shares of American Airlines

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Speaker 6: also falling today, down two and a half percent. The

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Speaker 6: company said weekend operations were challenging amid the government shutdown.

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Speaker 1: Challenging.

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Speaker 6: I think challenging. Many people who were try to fly,

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Speaker 6: regardless of the airline would agree that they were challenging.

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Speaker 5: Fourteen. How bad it was?

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Speaker 6: We're canceledlmost flew frontier?

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Speaker 5: Oh almost almost? Oh wow? Wow? Did you almost?

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Speaker 6: Did you almost fire up the jet Romaine? I believe me,

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Speaker 6: Trust me.

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Speaker 1: I was calling every friend.

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Speaker 6: I had, anyone flying north.

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Speaker 5: Yeah, pretty much.

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Speaker 6: You could have done the show from the I was

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Speaker 6: goin to like, you know.

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Speaker 1: Stand outside, you know, Balm Beach Airport and just hitchhike.

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Speaker 6: I mean there to be fair. Plenty of planes are

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Speaker 6: going that way. I always think about that. You could

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Speaker 6: have looked at an empty leg or something. Anyway, another

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Speaker 6: few numbers here to just think about. American Airlines government

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Speaker 6: shutdown canceling fourteen hundred flights. The company saw over fifty

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Speaker 6: seven thousand delay minutes, according an email statement by David Seymour,

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Speaker 6: the company's COO. They also said that two undred and

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Speaker 6: fifty thousand customers were affected. Separately, Bloomberg's second measure out

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Speaker 6: with some data that drew from a sample of credit

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Speaker 6: and debit card purchases made by US customers, and it's

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Speaker 6: said that transactions observed by Second Measures showed the biggest

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Speaker 6: decline among airlines companies for the month ending October. That

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Speaker 6: was America Airlines down six and a half percent from

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Speaker 6: a year earlier, and finally met Sarah Schers, falling by

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Speaker 6: close to fifteen percent today. This after Novo Nordis declined

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Speaker 6: to further raise its offer for the company they make

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Speaker 6: experimental weight loss drug. That bidding more between Pfeiser and

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Speaker 6: Novo Nordists coming to an end, Pfeiser getting victorious. We

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Speaker 6: spoke to Bob Langreth about this. He's got a great

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Speaker 6: piece on the Bloomberg terminal about how this deal came

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Speaker 6: together with a little help from the US Federal Trade Commission.

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Speaker 1: We should point out yields actually slightly higher on the

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Speaker 1: day despite what the market seems to think, which is

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Speaker 1: that we are going to get some more rate cuts

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Speaker 1: given the state of the economy and the potential of

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Speaker 1: that government shut down to end. Meanwhile, we are keeping

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Speaker 1: an eye on earnings. We're waiting to hear from core Weave,

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Speaker 1: and we're starting to get a trickle of news right

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Speaker 1: now on Paramount sky Dance. I don't actually have the

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Speaker 1: numbers for you just yet, but reading through the shareholder

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Speaker 1: letter that they've put out, they're talking a lot about

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Speaker 1: the cost cutting and efficiencies that they've seen. The company

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Speaker 1: says that it sees about three billion dollars plus in

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Speaker 1: total efficiencies now. And what they're saying is the first

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Speaker 1: one hundred days since they basically closed out on that deal.

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Speaker 1: The company also talks about investing in the business. And

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Speaker 1: get this, they're also talking about implementing price increases in

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Speaker 1: the United States early in the first quarter of twenty

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Speaker 1: twenty six. So, of course David Ellison, who is just

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Speaker 1: now sort of taking control over this company, putting a

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Speaker 1: stamp on it, looking to raise potential prices there on

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Speaker 1: its customers and scale back costs to a certain degree.

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Speaker 1: Three billion dollars in efficiencies. That's up from the two

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Speaker 1: billion dollars that the company had previously telegraphed. And now

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Speaker 1: learning that the company plans to reduce its workforce by

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Speaker 1: an additional sixteen hundred employees.

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Speaker 4: Let's put a pin in paramount right now and quickly

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Speaker 4: talk about the real, real reporting earnings. Here you can

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Speaker 4: see shares are actually soaring after hours. They boosted their

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Speaker 4: full year revenue forecast. They also beat estimates. When it

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Speaker 4: comes to the look behind, let's start there. The third

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Speaker 4: quarter adjusted loss for Sure coming in at four cents.

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Speaker 4: The estimated loss for Sure had been for five point

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Speaker 4: six cents, so a little bit narrower then expected. Did

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Speaker 4: you think about the look ahead to hear the real

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Speaker 4: reel season fourth quarter revenue one hundred and eighty eight

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Speaker 4: million dollars to one hundred and ninety one million dollars.

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Speaker 4: The estimate had been for one hundred and seventy nine

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Speaker 4: point five million dollars, so that range ahead of the estimate.

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Speaker 4: You can see the real reel again. Shares now up

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Speaker 4: about ten percent after hours.

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Speaker 2: This stock moover's 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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Speaker 2: making news on Wall Street and for the latest market

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Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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