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Speaker 1: Bloomberg Audio Studios, podcasts, radio news, the Stock Movers podcast.

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Speaker 1: This is your roundup of companies making news on Wall

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Speaker 1: Street and beyond, harnessing the power of Bloomberg data.

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Speaker 2: Right now, let's take a look at some stocks they're

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Speaker 2: on the move today. We're joined by Bloomberg's and Bloomberg's

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Speaker 2: Surveillance is Lisa Matteo. Lisa, Well, just when.

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Speaker 3: You thought your smart watch couldn't get any more tech savvy, right,

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Speaker 3: or maybe any more confusing, now you have Apple coming

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Speaker 3: out Bloomberg's Markerman saying that they're moving into the AI

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Speaker 3: wearables market. So basically they're adding these cameras and visual

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Speaker 3: intelligence features to the smart watch. So the idea is

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Speaker 3: that you learn more about the world around you as

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Speaker 3: you walk around. So for example, okay, so if you're

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Speaker 3: walking around and you see, oh, look at this beautiful flower,

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Speaker 3: I wonder what it is. You take your little smartwatch

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Speaker 3: right and you hold down the camera button, you take

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Speaker 3: a picture of something there like that flower, and then

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Speaker 3: chat chept or Google search will tell you exactly what

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Speaker 3: it is. So it's there to kind of make your

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Speaker 3: life a little bit easier. The only problem is that

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Speaker 3: only works with the iPhone sixteen, So you have to have.

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Speaker 2: That, lady, I've upgraded, upgraded, I have not.

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Speaker 3: I do not cutting edge, but it could get a

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Speaker 3: little bit of bigger boost because you have the release

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Speaker 3: of iOS eighteen point four next month. So my basic

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Speaker 3: feeling is we're not going to know what's going to

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Speaker 3: win in AI.

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Speaker 2: That doesn't sound like it's going to win.

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Speaker 1: It's tough.

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Speaker 3: It kind of you think about it like it the

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Speaker 3: glasses right that you were, that you look and you

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Speaker 3: see and it can tell you different things. It's worked

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Speaker 3: out kind of like you know the watch you take up, baby.

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Speaker 2: I don't know next.

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Speaker 3: Okay, we have more new surrounding the overpriced cost of AI.

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Speaker 3: You have Jackmaw backed and group. It's built AI models

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Speaker 3: that cost twenty percent less using Chinese made chips. It's

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Speaker 3: produced similar results to those from video. So this is

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Speaker 3: the whole thing. The chips are coming from sources, they're

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Speaker 3: saying domestic ships including Ali, Baba Group, Huawei Technologies to

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Speaker 3: train them. But in video is still in the picture.

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Speaker 3: So in Nvidia is totally not out of the picture.

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Speaker 3: It's still using AI for development, but it's now relying

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Speaker 3: mostly on these alternatives like advanced micro devices and Chinese

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Speaker 3: ships for the latest models. But it's just been this

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Speaker 3: race we've been talking about and hearing about between Chinese

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Speaker 3: and US companies over the price. Remember deep Seek that

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Speaker 3: really sparked things as to the cost of Meta for

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Speaker 3: three days.

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Speaker 2: Yes, the very mental it's still out there, but it's

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Speaker 2: still I think what's interesting about the story is Jack

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Speaker 2: Ma was starting to raise his profile a little bit.

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Speaker 2: He has been underground for probably four or five years.

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Speaker 2: He has put his placed by the Chinese government. Now

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Speaker 2: we're starting to see him more here more Ali Baba

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Speaker 2: stock is up sixty six yero percent this year of

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Speaker 2: eighty seven percent over the trailing twelve months, trying to

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Speaker 2: claw back some of that value that was just destroyed

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Speaker 2: by the Chinese government back.

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Speaker 3: Yes, okay, we're talking about Wall Streets, one of their

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Speaker 3: oldest data and analytics providers done on Bradstreet. Private equity

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Speaker 3: firm clear like Capital Group. It's agreed to acquire them.

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Speaker 3: It's a deal at values a company at four point

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Speaker 3: one billion dollars. But it's actually the second time that

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Speaker 3: Dune Bradstreet has been taken private in several years. It's

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Speaker 3: still not you know, a done deal, there's still a

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Speaker 3: thirty day ghost shop period where they can be open

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Speaker 3: to other rival offers. Because you had companies like Veritas

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Speaker 3: Capital Fund Management. They've expressed interest in them. But dunembass

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Speaker 3: Street and market value roughing three point nine billion dollars

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Speaker 3: at close of trading on Friday. Not sure how much

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Speaker 3: that compares to back in the day when works.

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Speaker 2: It's financial data and it is not a growth business

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Speaker 2: for them. But what it is is tom is a

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Speaker 2: very steady cash flow business. So if you're private equity,

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Speaker 2: you can lever it up and generate some equity. Yeah,

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Speaker 2: this is and this is again this is the second

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Speaker 2: round of private ownership. Here you go.

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Speaker 3: What I find an interesting tid But is that for

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Speaker 3: US presidents actually worked for the company. I didn't know that,

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Speaker 3: Abraham Lincoln. You listen, that's Grant Grover Cleveland, William mckinery company.

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Speaker 2: So that's old company's been around a while, correct?

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Speaker 3: Correct?

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Speaker 2: Was that when we were kids it was iconic, But

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Speaker 2: most of those iconics have slipped away or they've been

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Speaker 2: acquired by bigger data companies. But here this shows you.

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Speaker 2: I think the value of data and you want you

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Speaker 2: lay on the technology, whether it be AI or other technology,

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Speaker 2: mix at that data even.

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Speaker 1: More that the Stock Movers podcast from Bloomberg Radio. Check

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Speaker 1: back with us throughout the day for the latest roundup

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Speaker 1: of companies making news on Wall Street and for the

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Speaker 1: latest market moving headlines. Listen to Bloomberg Radio Live, catch

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