Speaker 1: Bloomberg Audio Studios, podcasts, radio News.
Speaker 2: This is the closing bell on this stock mover's 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 some of the individual gainers.
Speaker 3: It turns out had actually a fair amount of names
Speaker 3: to choose from. So let's go to some of the
Speaker 3: healthcare names that dominated the top gainers list in the
Speaker 3: S and P five hundred. So we're talking about United
Speaker 3: Health Group, Humana, CVS Health, Yacht United Health up about
Speaker 3: nine point four percent, Humana up almost eight percent, CVS
Speaker 3: Health also again there just shy of seven percentage points.
Speaker 3: The insurers that provide private Medicare advantage plans for older
Speaker 3: Americans rose after the United States agreed to boost twenty
Speaker 3: twenty seven payments by almost two and a half percent
Speaker 3: more than its initial proposal and spit for an industry
Speaker 3: squeeze by federal cost cutting efforts. So we add analysts
Speaker 3: weighing in one saying that the rate increase may let
Speaker 3: companies expand margins next year as long as they keep
Speaker 3: reducing benefits and managing expenses, but nonetheless that sector outperforming.
Speaker 3: Let's go to Paramount sky Dance, number one gainer in
Speaker 3: the SNP five hundred, again of just about eleven percent,
Speaker 3: just shy of that mark. Shares of the company climbing
Speaker 3: after it says it has entered into equity syndication agreements
Speaker 3: with Persian Golf Funds to supports acquisition of Warner Brothers
Speaker 3: discoveries of finding some more money. We know that that's
Speaker 3: a pretty big deal. The enter deals with three sovereign
Speaker 3: wealth funds in the golf those of Saudi Arabia, Abu
Speaker 3: Dhabi and Qatar. Excuse me, so we definitely did see
Speaker 3: some support. I think there's always been some concern about
Speaker 3: how to kind of work this out financially, even though
Speaker 3: they are moving forward as we know, Paramount sky Dance
Speaker 3: and Warner Brothers linking up. And then one more for you,
Speaker 3: I want to go over to Broadcom. I think this
Speaker 3: was yeah, number one gainer in the NASDAQ one hundred.
Speaker 3: Anthropics that its revenue run rate has now topped thirty
Speaker 3: billion dollars, up from nine billion at the end of
Speaker 3: twenty twenty five, and confirm plans to work with Broadcom
Speaker 3: and Google to power it's burgeoning operations. The AI startup
Speaker 3: said that demand for its Claud services has accelerated this year,
Speaker 3: with more than one thousand business customers spending over a
Speaker 3: million dollars on an annual basis. That figure has more
Speaker 3: than double since February. Just kind of blown off that stock.
Speaker 3: By the way, Broadcom up about six point two percent.
Speaker 1: I just had to laugh. You know, one of the
Speaker 1: best stories I read today. I don't know if you
Speaker 1: saw it on the which one on the ARR numbers today?
Speaker 1: I'll send it to your carmer. I know you don't
Speaker 1: actually read Bloomberg stories here, but that's about the metrics
Speaker 1: if you will. Wow, that's a very colorful language.
Speaker 2: You know.
Speaker 3: I always want to leave something for you because I
Speaker 3: just want you to feel included.
Speaker 1: In this process.
Speaker 2: Let's see, I.
Speaker 3: Know, thank you, Yeah, thank.
Speaker 1: You very much. Let's move on.
Speaker 4: Okay, I feel move on. Let's get to decliners. I
Speaker 4: do want to start with Apple. Really interesting mood day
Speaker 4: for Apple shares ended up falling by just over two percent.
Speaker 4: It started this morning, though a report from Nika Asia
Speaker 4: fueled concerns about a delay in that foldable phone shares
Speaker 4: fell over five percent after the outlets said that the
Speaker 4: company was facing challenges in the engineering test phase of
Speaker 4: the phone, but Mark German out with the report later
Speaker 4: that said the company's first foldable phone is on track
Speaker 4: to arrive during the normal iPhone launch period later this year.
Speaker 4: That's according to people with knowledge of the matter. So
Speaker 4: the stockman for this those losses.
Speaker 1: Sorry, didn't Samsung have a foldable phone?
Speaker 2: Oh?
Speaker 4: Other companies had full I've seen yeah, other popular this
Speaker 4: is Apple's. Oh Mark, you know, I did this Q
Speaker 4: and A with Mark a few weeks ago. It yeah,
Speaker 4: told about it today. Okay. Anyway, he is so bullish
Speaker 4: on this idea of the foldable phone.
Speaker 3: Yeah.
Speaker 4: Yeah. And a lot of analysts too agree that this
Speaker 4: this will be something new that fuels sales. There are
Speaker 4: also questions about what that operating system looks like. Mark
Speaker 4: has reported that it, you know, is based on like
Speaker 4: an iPad operator system.
Speaker 2: Yeah.
Speaker 4: I'm curious about what this thing will look like.
Speaker 1: How many folds?
Speaker 4: I don't know how many folds. I haven't seen it yet.
Speaker 4: We should move on, though, because there are some other
Speaker 4: stocks that moved lower. Kimberly Clark shares ended up falling
Speaker 4: today This after a large fire at a Kimberly Clark
Speaker 4: distribution center in Ontario, California, shares fell by more than
Speaker 4: four percent. The fire chief or deputy fire chief of
Speaker 4: Ontario confirmed to Bloomberg News that a suspect had been
Speaker 4: arrested on arson charges. He said quote the fire was
Speaker 4: suspicious in nature from the initial stages. Kimberly Clark spokesperson
Speaker 4: told Bloomberg News in an email statement that we are
Speaker 4: aware of the fire. Safety is our top priority. We
Speaker 4: can confirm there are no reported industries. We will share
Speaker 4: additional information as it becomes available. And finally, the trade
Speaker 4: desk shares falling today. This ended up falling by six
Speaker 4: point eight percent at the close, lowest inter day level
Speaker 4: going back to twenty twenty, Adweek reported that three key
Speaker 4: executives are leaving the company. They cited the chief marketer,
Speaker 4: the executive vice president Ian Klli, the execus at a
Speaker 4: Price President will be replaced by Annasair, who's worked on
Speaker 4: marketing at the company. This, according to Adweeks, shares taking
Speaker 4: a hit down six point eight percent today.
Speaker 1: All right, let's take a quick look at yields because
Speaker 1: the volatility that we saw inequity space. We also saw
Speaker 1: it in treasuries as well. We had a lot of buying,
Speaker 1: We had a lot of selling. The net effect of it, though,
Speaker 1: was of course, to the upside on a price basis.
Speaker 1: That's pushed yields down on the shorter end of the
Speaker 1: curve down about four basis points on your two and
Speaker 1: your five year about two basis points or so on
Speaker 1: your ten uere.
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