Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: This is the closing bell on the stock mover's report
Speaker 2: the company's making moves at the close of US trading
Speaker 2: with Carol Masser, Tim stenovek Romain Bostik, and Katie Greyfell.
Speaker 3: All right, let's get to some of the individual gainers.
Speaker 3: This was the number one gainer in the NASDAQ one hundred,
Speaker 3: number three gainer in the.
Speaker 4: S and P five hundred.
Speaker 3: I'm ignoring you booking holdings, a gain of about eight
Speaker 3: and a half percent.
Speaker 4: Mizuho, Mizoho, miszoo ho. I know, I always all.
Speaker 5: Right, ignore him, ignore.
Speaker 3: Him killing me mizu Ho moving the firm's top pic
Speaker 3: and Internet to booking holdings away from Airbnb on the
Speaker 3: expectation of a major relief rally, and this coming after
Speaker 3: the information report that open ay is pulling back from
Speaker 3: native chachipt checkout, pivoting instead to app based purchases. So
Speaker 3: the firm believes that chatchypt's reported pivot away from platform
Speaker 3: shopping checkout, if true, could spell the beginning of the
Speaker 3: end of major disruption fears for Internet marketplace businesses, including
Speaker 3: online travel agents and others. So they're like in this
Speaker 3: one in a big way, so investors moving into that.
Speaker 3: I think you saw investors move into Expedia as well.
Speaker 3: Let's go to Broadcom. It is topping the Nasdaq one hundred,
Speaker 3: up about four point eight percent. We did see the
Speaker 3: stock bouncing around last night after it reported its latest
Speaker 3: quarterly update. It did settle in today higher after the
Speaker 3: company posted first quarter results that beat expectations on key
Speaker 3: metrics gave a.
Speaker 4: Positive revenue outlook.
Speaker 3: The CEO Hawk Tans, saying the company expects its AI
Speaker 3: hip sales to top one hundred billion next year and
Speaker 3: that they've got the supply chain to do it. Super
Speaker 3: important marking major inroads into territory dominated by video.
Speaker 4: We know where they're trying to go after it.
Speaker 3: And then here's for something different. I'm hoping you're going
Speaker 3: to find this entertaining Roomain. We are seeing sable offshore.
Speaker 1: Now, I'm very familiar with this story. Let me see
Speaker 1: where you're going.
Speaker 3: With Oh okay, well see you know everything. The stock
Speaker 3: up about thirty seven percent. It's a one point eight
Speaker 3: billion dollar market cap oil and gas exploration company jumping today,
Speaker 3: extending a recent rally to a fifth straight session that
Speaker 3: has pushed the stock up about sixty percent in the
Speaker 3: past five days. This am ind news earlier this week
Speaker 3: that the Chump administration will seek to invoke and act
Speaker 3: to allow the company's Santa Ynez pipeline unit to restart
Speaker 3: energy production. Keep in mind, twenty seven percent of the
Speaker 3: float is short, so tell me more. Is there more
Speaker 3: that you want to add to it?
Speaker 1: No, I thought you were going to say something funny
Speaker 1: or interesting.
Speaker 4: Yeah, that never happens, you know.
Speaker 3: That's what my brothers always say.
Speaker 4: They're a tough crowd too.
Speaker 5: All right, let's put some of the decliners on the
Speaker 5: day of day.
Speaker 1: Brothers. They sound cool.
Speaker 4: They are a lot of fun.
Speaker 5: I'm looking at what happened to ADRs of Roche today,
Speaker 5: down six point three percent midday. We saw shares take
Speaker 5: a dive this after we got results of Holding and
Speaker 5: Zealand Pharma's experimental obesity shot. It helped patients lose as
Speaker 5: much as ten point seven percent in a study with
Speaker 5: a side effects comparable to that of a placebo. The
Speaker 5: reason why shares fell is because investors compared that to
Speaker 5: a similar drug from Eli Lilly that delivered as much
Speaker 5: as twenty percent weight loss, So that result underwhelming to
Speaker 5: investors stop UP Holdings not having a very good day.
Speaker 5: The ticket reseller shares fell by twelve point four percent today,
Speaker 5: This after the company's twenty twenty six forecast and fourth
Speaker 5: quarter results came in below Wall Street estimates. Analysts pointed
Speaker 5: to challenge is for comps because there's not a Taylor
Speaker 5: Swift tour to boost sales. That is the power.
Speaker 4: It has to take a break.
Speaker 5: Every power of Taylor Swift.
Speaker 4: I guess you get married, makes a family.
Speaker 5: A couple firms also downgraded the stock. Shares fell twelve
Speaker 5: point four percent.
Speaker 1: There no other tours.
Speaker 5: I mean, it's Taylor. It's Taylor. You know, she drives
Speaker 5: it around the world to bad Bunny. He's the big one. Yeah,
Speaker 5: that's a big one.
Speaker 3: Yeah.
Speaker 5: I'm also watching shares of UPS. United Parcel Service. They
Speaker 5: were on track. Did you see this? They were on
Speaker 5: track to actually close at a market value that would
Speaker 5: fall below FedEx for the first time ever, reflecting investors
Speaker 5: lenuering anxiety around UPS's long term growth trrectory. There's a
Speaker 5: little uptick. At the end of the day. FedEx is
Speaker 5: at eighty seven billion dollars in market cap. UPS still
Speaker 5: above it at eighty eight point three five billion dollars,
Speaker 5: so that day Romaine will have to wait.
Speaker 1: All right, let's get just a morning.
Speaker 6: It's Marvel, a technology that's semiconductor maker, out with its
Speaker 6: results here. Eighty cents a share, that is the bottom
Speaker 6: line number, a beat of about a penny. Revenue in
Speaker 6: the most recent quarter two point two to two billion,
Speaker 6: basically on the nose of what the street was looking for.
Speaker 6: Not seeing a revenue forecast jump out at me, but
Speaker 6: a jostah. Gross margins also coming in line with estimates
Speaker 6: at about fifty nine percent. But just see the knee
Speaker 6: jerk reaction there, up about six percent. We'll try to
Speaker 6: dive a little bit deeper to find out exactly why.
Speaker 6: And let's take a quick check of yield as well.
Speaker 6: We're actually up for a fourth straight day on benchmark
Speaker 6: ten year yield, something that of course hasn't actually happened
Speaker 6: since early December of last year. A repricing out here
Speaker 6: of FED expectations. You see that also reflected in your
Speaker 6: two year yield higher by about three basis points.
Speaker 3: Hey quick commentary on Marvel in the press release, companies
Speaker 3: chairman and CEO Matt Murphy, he says we expect year
Speaker 3: over year revenue growth to accelerate each quarter in fiscal
Speaker 3: twenty twenty seven, driven by continued strength in our data
Speaker 3: center business, with bookings continuing to grow at a record pace.
Speaker 3: And maybe investors certainly excited about that. Hey, what I'm
Speaker 3: excited about is that thank you United. So they basically
Speaker 3: have updated their policy. Just listen, listen, this is the
Speaker 3: whole point.
Speaker 5: Listen.
Speaker 3: They're going to require passengers to use headphones for audio
Speaker 3: or video.
Speaker 4: I don't even know why we have to tell people.
Speaker 1: Oh, I know what, I know we've been on lately.
Speaker 3: If you don't do it, they can remove you from
Speaker 3: the fight and possibly do a permanent ban. Read the
Speaker 3: fine print, folks, and if we could just do that
Speaker 3: on subway please.
Speaker 6: Carol's fired up here because who hurts you, Carol?
Speaker 4: No, it's like, be considerate.
Speaker 1: Yeah, huh, I do want to know.
Speaker 6: I mean, how many repeat offenses do you have to
Speaker 6: have to be permanently banned from the airline?
Speaker 5: That is my big question reading this story.
Speaker 6: You're going to remove them though, we're putting this on
Speaker 6: the flight attendants again, I thought that I was starting
Speaker 6: to feel sorry for them.
Speaker 1: Yeah, they're already dealing with all kind of unruly stuff.
Speaker 1: Yeah so, but yeah, but Carol, you seem very I'm
Speaker 1: happy for you.
Speaker 3: I love I love I love people. I love the
Speaker 3: sharing concept, but sometimes I don't really want to them.
Speaker 1: I don't want to share.
Speaker 6: No, I don't want to share audio either. I don't
Speaker 6: want to hear what you're listening to. I know you
Speaker 6: think it's dope, but I don't.
Speaker 2: So the stock Mover's report from Bloomberg Radio. Check back
Speaker 2: with us throughout the day for the latest roundup of
Speaker 2: companies making news on Wall Street, and for the it
Speaker 2: is market moving headlines. Listen to Bloomberg Radio Live, catch
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