Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 2: This is the closing bell on the stock Movers report
Speaker 2: the companies making moves at the close of US trading
Speaker 2: with Carol Masser, Tim Stenobeck, Romain Bostik, and Katie Greifel.
Speaker 3: All right, let's go to the individual gainers if I may,
Speaker 3: and I want to go to sand Disk and Micron,
Speaker 3: because sand Disc number one gainer in both the S
Speaker 3: and P and the Nasdaq one hundred, and then you
Speaker 3: had Micron number two gainer in the Nasdaq one hundred,
Speaker 3: number three in the S and P five hundred. These
Speaker 3: are just some outperformance there. You can see sand Disc
Speaker 3: up about eight percent, five point six percent higher on Micron.
Speaker 3: Both of those names are being started with buy ratings
Speaker 3: over at Melius Research, which sees strong long term tailwinds
Speaker 3: for the company's due to AI. The firm has a
Speaker 3: two year price target of one thousand and three point
Speaker 3: fifty for sand Disc, that'stock closing at a thou and seventy,
Speaker 3: and then for Micron he has a target of seven hundred.
Speaker 3: That's stock closing today at five twenty four and change,
Speaker 3: so certainly some room to run his take. Here's what
Speaker 3: he writes, Ben writes us. He says, it is time
Speaker 3: to acknowledge memories core to our AI coverage fitting well
Speaker 3: with AI, Semi's aid hardware and hyperscaler. So some app
Speaker 3: performance there. This one I did for Tim and Romaine,
Speaker 3: although they didn't really need it yet. But let's take
Speaker 3: a look Maine is The ticker stock was up as
Speaker 3: much as fifty percent today, finishing up about forty seven percent.
Speaker 3: Don't he said, don't tickets apart? I love this now
Speaker 3: a three point four billion dollar market cap drug developers.
Speaker 1: I just like the point out every man in America.
Speaker 1: When you're taking a shower, you get out, you look
Speaker 1: in the mirror, tilt your head down just a little bit,
Speaker 1: and you say, okay, still there.
Speaker 3: Still.
Speaker 2: Well?
Speaker 3: And for those not this might be some good news.
Speaker 3: This company has an experimental oral therapy for mail pattern
Speaker 3: hair loss and apparently it meant all the primary and
Speaker 3: key secondary endpoint. So some good news for all of
Speaker 3: you men out.
Speaker 4: When can we get that sped through the regulatory process. See,
Speaker 4: you've got a great out there for now.
Speaker 3: Real quickly, let's go over to Remax take our ourmax finlely,
Speaker 3: thank you, because I sent you the wrong ticker earlier,
Speaker 3: but you can see this went up about twenty four percent.
Speaker 3: Real Brokerage buying Remax holdings in a deal valued at
Speaker 3: thirteen dollars eighty cents a share, latest example of consolidation
Speaker 3: in the US real estate brokerage company. Deal will create
Speaker 3: a brokerage with one hundred and eighty thousand real estate agents,
Speaker 3: including more than one hundred thousand in the United States
Speaker 3: and Canada, according to a statement they put out, it
Speaker 3: will combine upstart Reel, founded back in twenty fourteen as
Speaker 3: a tech powered brokerage with one of the real estate
Speaker 3: brokerage industry's traditional stall warts. And you've seen some stuff
Speaker 3: going on in this industry, So yeah, is there anything
Speaker 3: that's not tech power these days? You know, we're all
Speaker 3: just tech power.
Speaker 4: In case you didn't now, well, speaking of tech a
Speaker 4: good segue to get to some of my decliners. I
Speaker 4: want to start with chars of Apple, which yes, reports
Speaker 4: earnings after the bell on Thursday. We will have that
Speaker 4: instant insight and analysis and those numbers of course here
Speaker 4: in the closing bell. Shares today fell by one point
Speaker 4: three percent. This on a day when TF International Securities
Speaker 4: analyst Ming chi Quo suggested that Qualcom is working with
Speaker 4: open Ai on a smartphone. The report says mass production
Speaker 4: is expected in twenty twenty eight, although specifications and suppliers
Speaker 4: are expected to be finalized by late twenty twenty six
Speaker 4: or the fourth quarter of twenty seven, according to the analyst,
Speaker 4: also watching shares of Walt Disney, at one point in
Speaker 4: the day they were up as much as one point
Speaker 4: two percent, so they fell as much as half a percent.
Speaker 4: Today they closed down two tenths of one percent. This
Speaker 4: after President Trump called on ABC you can see that
Speaker 4: happened just before the two o'clock hour there when shares
Speaker 4: fell to fire. Late night host Jimmy Kimmel after what
Speaker 4: he called a quote despicable called to violence on an
Speaker 4: April twenty third broadcast. Kimmel's comments of drag Disney back
Speaker 4: into the culture wars that it sought to avoid, with
Speaker 4: the company shares slipping immediately after the President's remarks, we've
Speaker 4: seen this movie before and it was less than a
Speaker 4: year ago. But Disney shares fell by two tenths of
Speaker 4: one percent, and finally, Pizza Domino's pizza shares felt today
Speaker 4: by eight point eight percent. They were pretty much there
Speaker 4: throughout the day today, falling to the lowest and close
Speaker 4: to three years. The company revised its full year outlook.
Speaker 4: At reporter first quarter comp sales mix, Miss Domino said
Speaker 4: its quote committed to deliver three percent same store sales
Speaker 4: in the US in twenty twenty six, supported by the
Speaker 4: launch of new menu items, and the company proved a
Speaker 4: billion dollar share buy back program. Shares down eight point
Speaker 4: eight percent today.
Speaker 1: All right, let's check in on yield to sell off
Speaker 1: that we're selling and benchmark treasuries that continued today after
Speaker 1: a bit of a pause on Friday, that push yields
Speaker 1: higher pretty much across the curve. You take a look
Speaker 1: at your ten year yield right now four three three
Speaker 1: two five and changer up about t right basis points
Speaker 1: or two year yield most sensitive to any sort of
Speaker 1: change in Fed policy at three point seven nine five.
Speaker 2: The Stockmovers Report from Bloomberg Radio. Check back with us
Speaker 2: throughout the day for the latest roundup of companies making
Speaker 2: news on Wall Street and for the latest market moving headlines.
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