Speaker 1: Bloomberg Audio Studios, podcasts, radio News.
Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg Data.
Speaker 2: Let's take a look at some stocks on the move today.
Speaker 2: I'm Tim Staneveek along with Carol Masser with us as
Speaker 2: Bloomberg News acutis reporter Alexandra Semenova.
Speaker 1: Alex what are you watching? We, of course, guys have
Speaker 1: to start with Oracle, because you just mentioned that headline
Speaker 1: flashing across the Bloomberg terminal of a Wall Street Journal
Speaker 1: report that says that Oracle Interestine Horowitz, and Silverlake are
Speaker 1: poised to control TikTok in the US. Obviously, this is
Speaker 1: big news, you know, when there was so much at
Speaker 1: stake with this deal. This follows news that negotiations over
Speaker 1: the future of the company are progressing, relieving some of
Speaker 1: that uncertainty over you know, some of the key customers
Speaker 1: in the US. President Trump had said that he's scheduled
Speaker 1: to speak to Chinese President Shee didn Ping on Friday,
Speaker 1: and this was part of the discussions. He said that
Speaker 1: a framework to keep the app running in the US
Speaker 1: was reached, and accordingly, the stock is up just a
Speaker 1: little bit right now, about five tenths of a percent.
Speaker 1: It was up as much as five point nine percent
Speaker 1: earlier in the day. But also have to mention that
Speaker 1: it has had an incredible run from its earnings report
Speaker 1: last week, where it really wowed investors with its guidance,
Speaker 1: and it's up eighty three percent year today.
Speaker 2: It makes me wonder how this all fits together, because
Speaker 2: obviously some of this stuff was moving along.
Speaker 1: I guess we can kind of assume, but and I
Speaker 1: guess they get the secret algorithm to TikTok or do
Speaker 1: they not? It seems like it.
Speaker 2: We don't know.
Speaker 1: Again, all of this is just based on investor excitement
Speaker 1: because it was about that guidance when they missed their earnings,
Speaker 1: and now at this point we don't really have any
Speaker 1: confirmation of how exactly they'll be involved, and yet investors
Speaker 1: seem pretty enthusiastic about it.
Speaker 2: United Airline Holdings just a quick line on it.
Speaker 1: Yeah, we love a micro story that is a macro story.
Speaker 1: And here he is saying that travel demand is going
Speaker 1: up and it's showing that the economy is stronger than
Speaker 1: statistics show. He said that airline demand is a good
Speaker 1: real time indication here, and they're seeing a lot of
Speaker 1: people booking for the holiday season. But of course one
Speaker 1: thing that he said that he stood out, that stood
Speaker 1: out to me is the front of the plane, you know,
Speaker 1: the upper class seats UH getting a lot down much
Speaker 1: much faster, you know, than economy, which is again a
Speaker 1: testament to this bifurcation of economy that we're seeing between
Speaker 1: higher and lowering come consumers.
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