1 00:00:02,520 --> 00:00:07,000 Speaker 1: Bloomberg Audio Studios, podcasts, radio News. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,680 --> 00:00:20,840 Speaker 1: I'm Isabelli alongside John Tucker, which is such a huge honor, 5 00:00:21,360 --> 00:00:25,440 Speaker 1: and we are joining it. It's the highlight of my Friday, 6 00:00:25,640 --> 00:00:28,680 Speaker 1: and we're joined by Bloomberg's Nara Melendez. Look at some 7 00:00:28,800 --> 00:00:30,880 Speaker 1: stocks on the move today, So Nura, should we stock 8 00:00:30,880 --> 00:00:31,880 Speaker 1: good Block? Yes? 9 00:00:31,960 --> 00:00:35,159 Speaker 3: Looking at shares a block that's taker XYZ. We know 10 00:00:35,280 --> 00:00:37,080 Speaker 3: that this has really been in focus. This is after 11 00:00:37,120 --> 00:00:40,680 Speaker 3: the company slash nearly half of its staff. It's really 12 00:00:40,720 --> 00:00:43,800 Speaker 3: trying to underscore and really put a lot of money 13 00:00:43,800 --> 00:00:46,760 Speaker 3: and focus into its bet on artificial intelligence. We've been 14 00:00:46,760 --> 00:00:49,159 Speaker 3: talking so much about AI, but really seeing this company 15 00:00:49,479 --> 00:00:53,120 Speaker 3: putting it into action as it relates to cutting its workforce, 16 00:00:53,240 --> 00:00:56,440 Speaker 3: saying that a artificial intelligence should be able to really 17 00:00:56,920 --> 00:01:00,600 Speaker 3: keep the company running efficiently and clearly shareholders the news. 18 00:01:00,760 --> 00:01:03,760 Speaker 3: We're seeing shares of Block up as much as twenty 19 00:01:03,800 --> 00:01:06,760 Speaker 3: two percent today. This is the best day since twenty 20 00:01:06,800 --> 00:01:07,320 Speaker 3: twenty four. 21 00:01:08,080 --> 00:01:13,280 Speaker 4: DJT is the ticker of Donald Trump's families Andrewprise, what 22 00:01:13,319 --> 00:01:13,840 Speaker 4: are they doing? 23 00:01:14,120 --> 00:01:16,399 Speaker 3: Well, I'm looking at shares of DJT. They're up just 24 00:01:16,480 --> 00:01:19,160 Speaker 3: about one tenth of a percent right now, earlier rising 25 00:01:19,200 --> 00:01:22,880 Speaker 3: as much as almost one percent, and this is after 26 00:01:22,880 --> 00:01:25,000 Speaker 3: the company set it's and talks to spin off businesses 27 00:01:25,040 --> 00:01:28,640 Speaker 3: including Truth Social, into a new public company following its 28 00:01:28,640 --> 00:01:33,039 Speaker 3: pending merger with Tae Technologies. So we are seeing a 29 00:01:33,040 --> 00:01:35,440 Speaker 3: bit of activity on the street, but it does seem 30 00:01:35,440 --> 00:01:37,560 Speaker 3: as though the stock hasn't really had that great of 31 00:01:37,560 --> 00:01:39,720 Speaker 3: a year, down about seventeen percent. 32 00:01:39,680 --> 00:01:42,120 Speaker 1: So far for twenty twenty six, So much for that. 33 00:01:42,400 --> 00:01:44,920 Speaker 1: And what about Core Weave, This also is a stock 34 00:01:44,959 --> 00:01:46,959 Speaker 1: that's moving because of a lot of news today. 35 00:01:47,160 --> 00:01:50,440 Speaker 3: Yes, we did see Core We've shares earlier plunging as 36 00:01:50,520 --> 00:01:53,960 Speaker 3: much as nineteen percent for their worst days since August 37 00:01:53,960 --> 00:01:56,320 Speaker 3: of twenty twenty five. This is after the company reported 38 00:01:56,360 --> 00:02:00,400 Speaker 3: a better or bigger than expected loss and boosting AX 39 00:02:00,560 --> 00:02:03,840 Speaker 3: is really spurring concerns that the company is overspending on infrastructure, 40 00:02:03,880 --> 00:02:06,600 Speaker 3: which we know has really been the topic as of late, 41 00:02:07,000 --> 00:02:10,320 Speaker 3: people being really nervous about artificial intelligence how much these 42 00:02:10,360 --> 00:02:13,320 Speaker 3: companies are spending on infrastructure. So this seems to really 43 00:02:13,360 --> 00:02:15,560 Speaker 3: be hitting Core Weave As we look at the share 44 00:02:15,600 --> 00:02:18,560 Speaker 3: Action today share the company, though up about twelve percent 45 00:02:18,600 --> 00:02:19,280 Speaker 3: so far this year. 46 00:02:19,400 --> 00:02:23,280 Speaker 4: You missed the best part Lethingston Livingston, New Jersey bet 47 00:02:23,360 --> 00:02:23,840 Speaker 4: for a week. 48 00:02:24,760 --> 00:02:25,560 Speaker 3: Can't forget that. 49 00:02:27,680 --> 00:02:31,680 Speaker 2: This stock mover's report from Bloomberg Radio. Check back with 50 00:02:31,760 --> 00:02:34,359 Speaker 2: us throughout the day for the latest roundup of companies 51 00:02:34,400 --> 00:02:37,519 Speaker 2: making news on Wall Street and for the latest market 52 00:02:37,560 --> 00:02:42,040 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 53 00:02:42,120 --> 00:02:45,600 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 54 00:02:45,680 --> 00:02:47,160 Speaker 2: the Bloomberg Business app.