WEBVTT - Closing Bell: Micron/Sandisk Gain, Veradermics Surges, Disney Falls

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, Radio News.

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<v Speaker 2>This is the closing bell on the stock Movers report

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<v Speaker 2>the companies making moves at the close of US trading

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<v Speaker 2>with Carol Masser, Tim Stenobeck, Romain Bostik, and Katie Greifel.

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<v Speaker 3>All right, let's go to the individual gainers if I may,

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<v Speaker 3>and I want to go to sand Disk and Micron,

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<v Speaker 3>because sand Disc number one gainer in both the S

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<v Speaker 3>and P and the Nasdaq one hundred, and then you

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<v Speaker 3>had Micron number two gainer in the Nasdaq one hundred,

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<v Speaker 3>number three in the S and P five hundred. These

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<v Speaker 3>are just some outperformance there. You can see sand Disc

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<v Speaker 3>up about eight percent, five point six percent higher on Micron.

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<v Speaker 3>Both of those names are being started with buy ratings

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<v Speaker 3>over at Melius Research, which sees strong long term tailwinds

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<v Speaker 3>for the company's due to AI. The firm has a

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<v Speaker 3>two year price target of one thousand and three point

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<v Speaker 3>fifty for sand Disc, that'stock closing at a thou and seventy,

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<v Speaker 3>and then for Micron he has a target of seven hundred.

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<v Speaker 3>That's stock closing today at five twenty four and change,

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<v Speaker 3>so certainly some room to run his take. Here's what

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<v Speaker 3>he writes, Ben writes us. He says, it is time

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<v Speaker 3>to acknowledge memories core to our AI coverage fitting well

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<v Speaker 3>with AI, Semi's aid hardware and hyperscaler. So some app

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<v Speaker 3>performance there. This one I did for Tim and Romaine,

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<v Speaker 3>although they didn't really need it yet. But let's take

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<v Speaker 3>a look Maine is The ticker stock was up as

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<v Speaker 3>much as fifty percent today, finishing up about forty seven percent.

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<v Speaker 3>Don't he said, don't tickets apart? I love this now

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<v Speaker 3>a three point four billion dollar market cap drug developers.

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<v Speaker 1>I just like the point out every man in America.

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<v Speaker 1>When you're taking a shower, you get out, you look

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<v Speaker 1>in the mirror, tilt your head down just a little bit,

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<v Speaker 1>and you say, okay, still there.

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<v Speaker 3>Still.

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<v Speaker 2>Well?

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<v Speaker 3>And for those not this might be some good news.

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<v Speaker 3>This company has an experimental oral therapy for mail pattern

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<v Speaker 3>hair loss and apparently it meant all the primary and

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<v Speaker 3>key secondary endpoint. So some good news for all of

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<v Speaker 3>you men out.

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<v Speaker 4>When can we get that sped through the regulatory process. See,

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<v Speaker 4>you've got a great out there for now.

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<v Speaker 3>Real quickly, let's go over to Remax take our ourmax finlely,

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<v Speaker 3>thank you, because I sent you the wrong ticker earlier,

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<v Speaker 3>but you can see this went up about twenty four percent.

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<v Speaker 3>Real Brokerage buying Remax holdings in a deal valued at

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<v Speaker 3>thirteen dollars eighty cents a share, latest example of consolidation

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<v Speaker 3>in the US real estate brokerage company. Deal will create

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<v Speaker 3>a brokerage with one hundred and eighty thousand real estate agents,

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<v Speaker 3>including more than one hundred thousand in the United States

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<v Speaker 3>and Canada, according to a statement they put out, it

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<v Speaker 3>will combine upstart Reel, founded back in twenty fourteen as

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<v Speaker 3>a tech powered brokerage with one of the real estate

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<v Speaker 3>brokerage industry's traditional stall warts. And you've seen some stuff

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<v Speaker 3>going on in this industry, So yeah, is there anything

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<v Speaker 3>that's not tech power these days? You know, we're all

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<v Speaker 3>just tech power.

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<v Speaker 4>In case you didn't now, well, speaking of tech a

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<v Speaker 4>good segue to get to some of my decliners. I

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<v Speaker 4>want to start with chars of Apple, which yes, reports

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<v Speaker 4>earnings after the bell on Thursday. We will have that

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<v Speaker 4>instant insight and analysis and those numbers of course here

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<v Speaker 4>in the closing bell. Shares today fell by one point

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<v Speaker 4>three percent. This on a day when TF International Securities

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<v Speaker 4>analyst Ming chi Quo suggested that Qualcom is working with

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<v Speaker 4>open Ai on a smartphone. The report says mass production

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<v Speaker 4>is expected in twenty twenty eight, although specifications and suppliers

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<v Speaker 4>are expected to be finalized by late twenty twenty six

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<v Speaker 4>or the fourth quarter of twenty seven, according to the analyst,

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<v Speaker 4>also watching shares of Walt Disney, at one point in

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<v Speaker 4>the day they were up as much as one point

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<v Speaker 4>two percent, so they fell as much as half a percent.

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<v Speaker 4>Today they closed down two tenths of one percent. This

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<v Speaker 4>after President Trump called on ABC you can see that

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<v Speaker 4>happened just before the two o'clock hour there when shares

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<v Speaker 4>fell to fire. Late night host Jimmy Kimmel after what

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<v Speaker 4>he called a quote despicable called to violence on an

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<v Speaker 4>April twenty third broadcast. Kimmel's comments of drag Disney back

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<v Speaker 4>into the culture wars that it sought to avoid, with

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<v Speaker 4>the company shares slipping immediately after the President's remarks, we've

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<v Speaker 4>seen this movie before and it was less than a

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<v Speaker 4>year ago. But Disney shares fell by two tenths of

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<v Speaker 4>one percent, and finally, Pizza Domino's pizza shares felt today

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<v Speaker 4>by eight point eight percent. They were pretty much there

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<v Speaker 4>throughout the day today, falling to the lowest and close

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<v Speaker 4>to three years. The company revised its full year outlook.

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<v Speaker 4>At reporter first quarter comp sales mix, Miss Domino said

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<v Speaker 4>its quote committed to deliver three percent same store sales

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<v Speaker 4>in the US in twenty twenty six, supported by the

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<v Speaker 4>launch of new menu items, and the company proved a

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<v Speaker 4>billion dollar share buy back program. Shares down eight point

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<v Speaker 4>eight percent today.

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<v Speaker 1>All right, let's check in on yield to sell off

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<v Speaker 1>that we're selling and benchmark treasuries that continued today after

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<v Speaker 1>a bit of a pause on Friday, that push yields

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<v Speaker 1>higher pretty much across the curve. You take a look

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<v Speaker 1>at your ten year yield right now four three three

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<v Speaker 1>two five and changer up about t right basis points

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<v Speaker 1>or two year yield most sensitive to any sort of

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<v Speaker 1>change in Fed policy at three point seven nine five.

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<v Speaker 2>The Stockmovers Report from Bloomberg Radio. Check back with us

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<v Speaker 2>throughout the day for the latest roundup of companies making

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<v Speaker 2>news on Wall Street and for the latest market moving headlines.

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