Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: This is the closing bell on the stock movers report
Speaker 2: the company's making moves at the close of US trading
Speaker 2: with Carol Masser, Tim stenovek Romain Bostik, and Katie Greifel.
Speaker 3: All right, let's go to some of the individual gainers
Speaker 3: if I may, and it's Fix Fix as the ticker
Speaker 3: Comfort Systems number one gainer in the S and P
Speaker 3: five hundred, hitting an all time high today at least
Speaker 3: intra day. That's stuck up about six and a half
Speaker 3: percent here in the session. It provides heating, ventilation, air
Speaker 3: conditioning system installation, all that good stuff. Firm reported revenue
Speaker 3: for the fourth quarter that beat the average analyst estimate.
Speaker 3: Keep in mind this is a stock that has been
Speaker 3: on a tear this year. It's up about sixty percent,
Speaker 3: so some more momentum to the upside in today's trade.
Speaker 3: Flip it on over to General Electric, finishing just its
Speaker 3: best levels of the session. It too, hit an all
Speaker 3: time high in the session today, finishing the day with
Speaker 3: a gain of about two and a half percent. Morgan
Speaker 3: Stanley initiating with a recommendation of overweight, citing the engine
Speaker 3: manufacturer's durable services growth, strong pricing power, and pristine balance sheet.
Speaker 3: The analyst there says Wall Street estimate underestimates, I should say,
Speaker 3: long term free cash flow with further upside from earnings
Speaker 3: revisions and multiple expansion. They set a price target of
Speaker 3: four hundred and twenty five dollars to share, stock closing
Speaker 3: at three forty three and change. So some upside certainly
Speaker 3: on that one stock is up about eleven percent year
Speaker 3: to date, and then the number one gainer in the
Speaker 3: Nasdaq one hundred we're talking about Alphabet up about four
Speaker 3: percent here and this one One of the things that
Speaker 3: kind of stood out for me was a Wall Street
Speaker 3: Journal story that says that Google is exploring new ways
Speaker 3: to expand the market for its AI chips to better
Speaker 3: compete with Nvidia. So the company increasing its financial support
Speaker 3: to a network of data center partners, including a potential
Speaker 3: one hundred million dollars investment in cloud competing startup fluid Stack.
Speaker 3: But I think it's interesting as we get ready for
Speaker 3: Nvidia's results.
Speaker 1: Yeah, our video results was that next Wednesday, right, twenty fifth, Yeah,
Speaker 1: I have full coverage right on the here on the clothes.
Speaker 4: Yeah, all right, Well before then let's take a look
Speaker 4: at the decliner's Blue Owl shares down four percent, down
Speaker 4: ten point four percent on the week. Now. On Thursday,
Speaker 4: the alternative asset manager restricted withdrawals from one of its
Speaker 4: retail focused private credit funds, so that alone sparking some
Speaker 4: fears here about just how much liquidity there is in
Speaker 4: this asset class. Of course, there's been a lot of
Speaker 4: scrutiny in recent weeks on private credit. Bloomberg also reporting
Speaker 4: last night the Blue Owl did find four buyers for
Speaker 4: a one point four billion dollar portfolio of loans to
Speaker 4: help pay out investors. But the decline the trade today
Speaker 4: really reflecting those broader fears that investors are having about
Speaker 4: ill liquidity in private credit and potential losses. I do
Speaker 4: want to go to Walmart, though we were talking just
Speaker 4: a few minutes ago about how a lot of these
Speaker 4: commerce consumer focus comes. He's not moving much on the
Speaker 4: tariff news. I think Walmart is a good example. The
Speaker 4: stock in the red, but only down one point five percent.
Speaker 4: They did cut they got a recommendation cut over at HSBAC,
Speaker 4: the analyst there cutting the retailer to hold and saying
Speaker 4: that the company's fourth quarter results. The other day were solid,
Speaker 4: but the outlook for twenty twenty six is surprisingly weak
Speaker 4: given solid trends. Nevertheless, though it wasn't a big move
Speaker 4: downward in Walmart, but keeping an eye on that. And
Speaker 4: then finally, core Weave shares down eight percent. The stock
Speaker 4: did have its biggest inter day drop at one point,
Speaker 4: though since November it was down about twelve percent. Business
Speaker 4: Insider reporting that Blue Owl, yes, the same Blue Owl
Speaker 4: from just a minute ago, was unable to secure financing
Speaker 4: for a four billion dollar data center project that will
Speaker 4: be occupied by core Weave. So this speaks to a
Speaker 4: lot of the fears in the market about there's a
Speaker 4: lot of credit funding these data centers to power AI.
Speaker 4: Is this actually going to create yeah, real revenue here
Speaker 4: or is it going to lead to losses?
Speaker 3: Yeah?
Speaker 1: And just an honorable mention too, I just want to
Speaker 1: point out the drop that we saw in cybersecurity stocks today,
Speaker 1: including some of the names like Zscaler, Cloud Flair, crowds
Speaker 1: Strike down about eight percent here on the back of
Speaker 1: that release of this new anthropic tool apparently related to
Speaker 1: security features and it's clawed AI model. We do need
Speaker 1: to check yields just real quickly here. Of course, higher
Speaker 1: on the day and higher on the week, the entire
Speaker 1: curve shifting up. Here, your two year yield up about
Speaker 1: two basis points. Keep an eye on that three point
Speaker 1: five percent, as we're just about four weeks away from
Speaker 1: the next FED decision.
Speaker 4: Yeah.
Speaker 3: I think it's fascinating that you went there, and I
Speaker 3: think it's important because I think going into Friday, we
Speaker 3: all thought we were going to be talking about the
Speaker 3: inflation print and the economic data this morning, the hot
Speaker 3: inflation print, weaker growth, but it certainly shifted to that
Speaker 3: US Supreme Court ruling against the president's you know what,
Speaker 3: is a key part of his platform. I guess at
Speaker 3: this point Katie now goes to what comes next from
Speaker 3: the president, the workaround that maybe he gets to do
Speaker 3: so that he can continue to impose Terris. But I
Speaker 3: guess we have to wait and see.
Speaker 4: Here, right.
Speaker 2: Yeah.
Speaker 5: A conversation that Romayn and I have been having on
Speaker 5: the close is what this means for the twenty twenty
Speaker 5: six mid terms. It's going to be really interesting. There
Speaker 5: was a great column from our own Sean Donna about
Speaker 5: basically that this is secretly a gift to Trump. I
Speaker 5: don't know if many others would go as far. But
Speaker 5: he does point out that you take a look at
Speaker 5: the polling, a lot of the Americans poll weren't approving
Speaker 5: of how he was handling the economy. So from that sense,
Speaker 5: if he does have to retool, if this does help
Speaker 5: in terms of some of the affordability measures, that maybe
Speaker 5: that will be reflected in November.
Speaker 1: Well, I'm curious at how that's going to be reflected
Speaker 1: in the State of the Union speech, Like how this
Speaker 1: gets spun, because when I saw the press conference, I
Speaker 1: thought we were going to get more of that pitch,
Speaker 1: although you know it was more just emotion and grievance.
Speaker 1: But obviously he's got some time to refine that message,
Speaker 1: a message that presumably will actually be written by a speechwriters.
Speaker 2: This stock Mover's report from Bloomberg Radio. Check back with
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