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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: The Stock Movers Report, your roundup of companies making moves

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Speaker 2: in the stock market. Harnessing the power of Bloomberg.

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Speaker 3: Data, I'll take a look at some of the stocks

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Speaker 3: on the move today. We can do that with Bloomberg's

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Speaker 3: is about me, It's about what are you looking at

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Speaker 3: this one.

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Speaker 1: I was first looking at energy stocks and they're going

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Speaker 1: the opposite direction. Let's use EXOM tickers XOM, and you

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Speaker 1: see the chart, It's just a straight lineup. It started

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Speaker 1: in the negative and when markets open it was positive

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Speaker 1: and now it's flat right before my eyes. Another big

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Speaker 1: one is the ticker is VG Venture Global. That has

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Speaker 1: been a seesaw ticking between positive and negative. And I

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Speaker 1: feel like markets are really just digesting. I mean President

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Speaker 1: Trump did say oil prices will drop like a rock

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Speaker 1: when the deal is done, and I feel like that's

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Speaker 1: exactly what this is.

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Speaker 4: Traders were coughed guard.

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Speaker 1: There have been a little sign of diplomatic progress, and

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Speaker 1: just hours earlier we had Israel launching strikes on the

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Speaker 1: irane and infrastructure, and now we have this and I

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Speaker 1: read some of my notes and it said that it's

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Speaker 1: a very crowded trade, so maybe if some unwind is

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Speaker 1: being done, any move will be exaggerated. But yes, confusing

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Speaker 1: market for energy stocks. I thought it would be a

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Speaker 1: clean story.

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Speaker 5: Well, I mean, it's worth mentioning, as you pointed out

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Speaker 5: how well energy stocks have done overall. Right, they're the

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Speaker 5: only gainer among eleven groups in the S and P

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Speaker 5: five hundred so far this month since the start of

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Speaker 5: the around war, up six point four percent, and for

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Speaker 5: the year they're up about thirty two percent as well.

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Speaker 4: Wow, yeah, what do you have next as well?

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Speaker 1: Mango dB, So it's not related to any geopolitical headline.

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Speaker 1: Shares our indegree up by more than six percent. We

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Speaker 1: have Musico Securities upgrading the software company to outperform from neutral.

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Speaker 1: So the analyst there said that the company has a

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Speaker 1: growth profile that has inflected meaningfully and they see AI

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Speaker 1: as a structural tailwind, so again it's an AI story.

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Speaker 1: The stock has a meaningful margin upside. Also, according to

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Speaker 1: the analyst, stock is down now though around thirty eight

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Speaker 1: percent for the year, but still lots of optimism there.

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Speaker 1: Target is set to three hundred and twenty five dollars

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Speaker 1: from two ninety dollars.

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Speaker 4: Database software company. Okay, that's what that is.

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Speaker 3: So they're automating monitoring and deployment backups.

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Speaker 4: So there you go. So that's stock moving, okay, and

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Speaker 4: good stuff. There one more.

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Speaker 1: DraftKings ticker dk NNG. We have the stock up by

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Speaker 1: nearly six percent. We have Wall Street Journal reporting that

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Speaker 1: US senators are set to introduce bi partisan legislation to

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Speaker 1: band sports bet on prediction markets. So this is going

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Speaker 1: to be a boon for them obviously, because then if

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Speaker 1: call she Polymarket won't be able to do that, then

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Speaker 1: it'll be good for them. And the bill pertains to

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Speaker 1: entities regulated by CFTC. So call She and Polymarket are

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Speaker 1: the biggest in this space. And I feel like almost

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Speaker 1: everyone is just talking call She and Polymarket, so it's

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Speaker 1: good news for them. Even an ETF. There's a prediction

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Speaker 1: markets ETF, now, I mean that's not a surprise.

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Speaker 4: There's a ETO for absolutely. Have you ever used prediction

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Speaker 4: markets as well only for reporting?

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Speaker 1: Like I would look at it, but I don't in.

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Speaker 4: Real anyone who uses it, Paul, do you?

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Speaker 3: I don't use it, but I know a ton of

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Speaker 3: people do use it, and I've seen it in I

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Speaker 3: see it in reporting and just people just talking about,

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Speaker 3: you know, what's what's happening out there, and then they'll

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Speaker 3: they'll source it.

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Speaker 5: As as it's a source of information, right they are

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Speaker 5: they actively engaging it, I don't know, replacing.

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Speaker 1: Bets and also not the big better if I bet,

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Speaker 1: it's like mind me chocolate.

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Speaker 4: But exactly do you know any getting bigger and bigger?

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Speaker 5: No, I don't, And I'm trying to understand outside of sports,

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Speaker 5: whether people are really using it. Sure, I know around

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Speaker 5: the time of elections it becomes a way to kind

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Speaker 5: of gauge where the public sentiment is. But beyond that,

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Speaker 5: are there people who actively put positions down?

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Speaker 4: I don't know.

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Speaker 3: I think I'm guessing there are, just by judging by

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Speaker 3: the people instead on their phones and do all that

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Speaker 3: kind of stuff.

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Speaker 4: So I'm guessing it does. But this is it would

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Speaker 4: be a big move for the betting sites there.

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Speaker 2: This Stock Movers report from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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Speaker 2: making news on Wall Street and for the latest market

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