1 00:00:02,520 --> 00:00:07,000 Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News. 2 00:00:09,880 --> 00:00:13,320 Speaker 2: This is the closing bell on this stock movers report 3 00:00:13,560 --> 00:00:16,520 Speaker 2: the company's making moves at the close of US trading 4 00:00:16,760 --> 00:00:21,319 Speaker 2: with Carol Masser, Tim Stenobeck, Romain Bostik, and Scarlet Fool. 5 00:00:22,360 --> 00:00:24,480 Speaker 3: All right, so let's get to some of the individual 6 00:00:24,520 --> 00:00:28,280 Speaker 3: gainers courtesy of my co host Tim. I'm doing Tesla, 7 00:00:28,600 --> 00:00:30,840 Speaker 3: which is a top gainer in both the Nasdaq one 8 00:00:30,880 --> 00:00:32,760 Speaker 3: hundred and s and P five hundred. Maybe it's something 9 00:00:32,800 --> 00:00:36,559 Speaker 3: about December because at one point rallying today that if 10 00:00:36,600 --> 00:00:39,640 Speaker 3: it had closed, it would have been its first all 11 00:00:39,680 --> 00:00:42,640 Speaker 3: time high close for the stock this year. But it 12 00:00:42,720 --> 00:00:45,199 Speaker 3: did not make it, but still up about three and 13 00:00:45,200 --> 00:00:48,000 Speaker 3: a half percent in today's session. So we'll keep a 14 00:00:48,040 --> 00:00:50,120 Speaker 3: watch see what we have. We still have a few. 15 00:00:50,760 --> 00:00:52,560 Speaker 3: What about are you yawning? 16 00:00:52,640 --> 00:00:55,840 Speaker 4: No? No, I wasn't he was yawning. 17 00:00:56,440 --> 00:01:00,480 Speaker 3: Anyway, we could see we could see an all time 18 00:01:00,560 --> 00:01:01,960 Speaker 3: high for Tesla for the time. 19 00:01:02,040 --> 00:01:04,959 Speaker 4: You only have three gainers today. I know we could 20 00:01:05,000 --> 00:01:06,640 Speaker 4: I I don't know, Okay. 21 00:01:06,720 --> 00:01:09,920 Speaker 3: The end of the year, little mellow, Yeah, exactly, mellow Monday. Hey, 22 00:01:09,959 --> 00:01:12,959 Speaker 3: let's go to KLA Corp. It is up two point 23 00:01:13,000 --> 00:01:14,959 Speaker 3: six percent It was up as much as five percent 24 00:01:14,959 --> 00:01:17,520 Speaker 3: in today's session, finishing with a two point six percent gain. 25 00:01:17,920 --> 00:01:20,559 Speaker 3: Upgraded to buy from hold that Jeffries, which sees AI 26 00:01:20,640 --> 00:01:25,120 Speaker 3: tailwinds for the Semiconductor Capital Equipment Company into twenty twenty six. 27 00:01:25,440 --> 00:01:25,560 Speaker 2: Uh. 28 00:01:26,000 --> 00:01:30,320 Speaker 3: This is Blaine Curtis over at Jeffries. He actually likes 29 00:01:30,360 --> 00:01:31,920 Speaker 3: a bunch of chip companies. I just want to throw 30 00:01:31,959 --> 00:01:34,200 Speaker 3: them out there because I think KLA was really the 31 00:01:34,200 --> 00:01:39,320 Speaker 3: only one that rallied in today's session. He also likes Broadcom, Nvidia, 32 00:01:39,319 --> 00:01:41,880 Speaker 3: and Kela KLA. He said they are among his best 33 00:01:41,959 --> 00:01:45,520 Speaker 3: chip stock ideas for twenty twenty six. But kl A 34 00:01:45,640 --> 00:01:47,560 Speaker 3: Corp actually out for me today. 35 00:01:47,600 --> 00:01:49,000 Speaker 1: Sorry KLA one more time. 36 00:01:49,120 --> 00:01:52,600 Speaker 3: No, I know, thank what stuff is it about? It's 37 00:01:52,680 --> 00:01:54,960 Speaker 3: nice to know news studio, but like some. 38 00:01:54,880 --> 00:01:57,800 Speaker 1: Things, never today say your shot actually looks great, Carol, 39 00:01:57,920 --> 00:01:59,400 Speaker 1: that's amazing. You know you don't have that. 40 00:02:00,080 --> 00:02:02,560 Speaker 3: You knows you've fled enough people with white light and 41 00:02:03,440 --> 00:02:04,000 Speaker 3: it's better. 42 00:02:05,160 --> 00:02:05,520 Speaker 4: Thank you. 43 00:02:06,160 --> 00:02:09,000 Speaker 3: Converter Therapeutics for something a little bit different. It is 44 00:02:09,000 --> 00:02:12,200 Speaker 3: a small cap, so don't judge me. Ticker's Kytx is 45 00:02:12,240 --> 00:02:14,280 Speaker 3: one up twenty three percent in today's session. About four 46 00:02:14,360 --> 00:02:17,560 Speaker 3: hundred and ninety million dollar market cap share soaring after 47 00:02:17,600 --> 00:02:19,840 Speaker 3: the company said it's Phase two trial of its drug 48 00:02:19,880 --> 00:02:25,919 Speaker 3: for stiff person syndrome achieved statistically significant clinical benefits across 49 00:02:25,919 --> 00:02:28,240 Speaker 3: all primary and secondary endpoints. The stock is up about 50 00:02:28,240 --> 00:02:30,519 Speaker 3: two hundred percent year to date. So yeah, it's a 51 00:02:30,560 --> 00:02:32,000 Speaker 3: small cap, but I just thought it was interesting. 52 00:02:32,120 --> 00:02:34,000 Speaker 4: Okay, let's go to some of the decliners. The worst 53 00:02:34,000 --> 00:02:36,840 Speaker 4: performer in the S and P five hundred today, Service 54 00:02:36,880 --> 00:02:39,480 Speaker 4: Now down eleven and a half percent. This after Bloomberg 55 00:02:39,480 --> 00:02:42,239 Speaker 4: News reported that the companies in advanced talks to buy Armis, 56 00:02:42,280 --> 00:02:44,400 Speaker 4: a cybersecurity start up, a deal that could be valued 57 00:02:44,400 --> 00:02:47,120 Speaker 4: as much as seven billion dollars. That deal could be 58 00:02:47,160 --> 00:02:49,000 Speaker 4: announced in the coming days. This is according to people 59 00:02:49,000 --> 00:02:52,480 Speaker 4: familiar with the situation. Discussions though may still fall apart 60 00:02:52,520 --> 00:02:55,760 Speaker 4: or another potential bidder may emerge. Service now down eleven 61 00:02:55,840 --> 00:02:59,000 Speaker 4: and a half percent today. And then we saw real 62 00:02:59,120 --> 00:03:01,400 Speaker 4: estate stocks to take a hit today Zilo Group and 63 00:03:01,560 --> 00:03:05,480 Speaker 4: Costar Fell. Costar owns homes dot com. This is Google 64 00:03:05,560 --> 00:03:07,919 Speaker 4: tested a new real estate advertising form and that could 65 00:03:08,040 --> 00:03:13,280 Speaker 4: rival Zillo services. Google putting for sale listings directly into 66 00:03:13,320 --> 00:03:16,840 Speaker 4: search results, and the functionality includes full property detail pages, 67 00:03:17,160 --> 00:03:19,560 Speaker 4: as well as links to request a tour and contact 68 00:03:19,600 --> 00:03:22,160 Speaker 4: an agent. This is according to a report from global 69 00:03:22,200 --> 00:03:25,720 Speaker 4: real estate tech strategist Mike del Pratt. Co Star shares 70 00:03:25,760 --> 00:03:29,239 Speaker 4: fell six point six percent, Zillo shares fell eight point 71 00:03:29,560 --> 00:03:32,079 Speaker 4: five percent. The future appears to be a test. It's 72 00:03:32,200 --> 00:03:34,280 Speaker 4: only live in a limited number of markets and right 73 00:03:34,320 --> 00:03:37,720 Speaker 4: now only on mobile. And finally, how about a bankruptcy. 74 00:03:38,240 --> 00:03:41,960 Speaker 4: Luminar Technologies LAZR is the ticker taking a hit today, 75 00:03:42,000 --> 00:03:46,240 Speaker 4: down more than sixty percent. This after the company filed 76 00:03:46,240 --> 00:03:49,160 Speaker 4: for Chapter eleven bankruptcy protection agreed to sell it's luminar 77 00:03:49,280 --> 00:03:53,080 Speaker 4: semiconductors to subsidiary to Quantum Computing Ink for one hundred 78 00:03:53,080 --> 00:03:55,880 Speaker 4: and ten million dollars cash, subject to higher offers. The 79 00:03:55,920 --> 00:03:58,560 Speaker 4: company entered bankruptcy with support from ninety one percent of 80 00:03:58,600 --> 00:04:00,560 Speaker 4: a perverse lean note holders yum and are we use 81 00:04:00,600 --> 00:04:02,400 Speaker 4: twenty five million dollars in cash on hand to fund 82 00:04:02,440 --> 00:04:05,720 Speaker 4: operations during the sale process. Yeah, just taking a hit today, 83 00:04:05,760 --> 00:04:06,880 Speaker 4: down more than sixty percent. 84 00:04:07,040 --> 00:04:08,880 Speaker 1: Let's take a quick look at yields here. Not a 85 00:04:08,920 --> 00:04:11,640 Speaker 1: whole lot of activity, About one basis point lower on 86 00:04:11,720 --> 00:04:13,920 Speaker 1: the short end of the curve. Slight uptick on the 87 00:04:13,960 --> 00:04:15,880 Speaker 1: long end of the curve, a bit of a holding 88 00:04:15,920 --> 00:04:18,480 Speaker 1: pattern as we await the next data points coming out 89 00:04:18,520 --> 00:04:21,120 Speaker 1: of the government, including that monthly job support. 90 00:04:22,360 --> 00:04:26,400 Speaker 2: This stock Movers report from Bloomberg Radio. Check back with 91 00:04:26,480 --> 00:04:29,040 Speaker 2: us throughout the day for the latest roundup of companies 92 00:04:29,120 --> 00:04:32,200 Speaker 2: making news on Wall Street and for the latest market 93 00:04:32,240 --> 00:04:36,719 Speaker 2: moving headlines. 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