Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: This is the closing bell on the stock Movers report
Speaker 2: the companies making moves at the close of US trading
Speaker 2: with Carol Masser, Tim Stenovak, Romaine Bostik, and Katie Greifel.
Speaker 3: I had a lot to choose from in terms of
Speaker 3: individual gainers. So let's get to it, folks. Two names,
Speaker 3: Draftking and Flutter certainly some outperformance they're in the trade.
Speaker 3: That has to do with these two names gaining after
Speaker 3: the Wall Street Journal reported that US Senators are set
Speaker 3: to introduce bipartisan legislation to band sports bets on prediction markets.
Speaker 3: So this has certainly been giving the likes of DraftKings
Speaker 3: and Flutter kind of a run for their money. Now,
Speaker 3: the bill pertains to entities regulated by the CFTC, including
Speaker 3: prediction market exchanges, KUSHI and Polymarket. According to the newspaper,
Speaker 3: as I said, these two names that have been under
Speaker 3: some pressure as investors spread over the competitive threat posed
Speaker 3: by Calcian Polymarket, which have seen volumes tied to sporting
Speaker 3: events boom. So we're going to keep a watch on
Speaker 3: that one. DraftKings up more than one percent and Flutter
Speaker 3: up about four point four percent. Flip it on over
Speaker 3: to the cruise lines also getting a kick to the upside,
Speaker 3: and they were among your top gainers in the S
Speaker 3: and P five hundred. Norwegion up more than six percent,
Speaker 3: and you're looking at more than five and a half
Speaker 3: percent gains on both Carnival and Royal. And this basically
Speaker 3: has to do with what's going on at least some
Speaker 3: of the headlines out of the president when it comes
Speaker 3: to the war in the Middle East and in Iran,
Speaker 3: President Trump backing off those threats. So we did see
Speaker 3: the whole travel sector actually gaining in today's session, so
Speaker 3: some optimism coming back. And then one more name I
Speaker 3: just want to throw into it is Palanteer that one
Speaker 3: up six almost six point eight percent in today's session,
Speaker 3: top in the NASDAQ one hundred as its Maven artificial
Speaker 3: intelligence system will reportedly become an official program of record
Speaker 3: for the Pentagon. You might remember on Friday, our own
Speaker 3: Katrina Mansage get a new book app that's all about
Speaker 3: Project Maven that's been developed over the last decade or so.
Speaker 3: She reported on Friday how the Pentagon intends to accelerate
Speaker 3: AI enable decision making and put it at the heart
Speaker 3: of its ambition to link up sensors and shooters for
Speaker 3: combat operations. That was according to a policy memo seen
Speaker 3: by Bloomberg. So she kind of front run that front
Speaker 3: ran front run.
Speaker 1: Very cool book too.
Speaker 3: Yeah, it is a incredible book about what the government's
Speaker 3: been working on.
Speaker 1: Hey, I abought some decliners. Not easy to find it.
Speaker 3: Project Maven, Project Maven, Katrina Manson. Man, you even talked
Speaker 3: to her? You should?
Speaker 2: I haven't, but thank you. Okay, you're welcome.
Speaker 1: Let's start with Micron shares down four point four percent today,
Speaker 1: down for a third day in a row after the
Speaker 1: company last week reported capex for the year that was
Speaker 1: higher than analysts wanted to see, down more than thirteen
Speaker 1: and a half percent since those highs just after reporting
Speaker 1: last week. Also, want to talk about shares of fives,
Speaker 1: they're kind of hovering lower by about seven tents of
Speaker 1: one percent for much of the session. That's where it
Speaker 1: finished this after the company said it it's experiment and
Speaker 1: a lime vaccine was only seventy three percent effective against
Speaker 1: lime disease. It's a lackluster result as fewer than expected
Speaker 1: infections in the Pivotal study made its potency hard to evaluate.
Speaker 1: There's currently no human vaccine for lime disease on the market.
Speaker 1: Also late in trading, we saw Fico fair Isaac Corp
Speaker 1: shares and take a hit today, this after Politico reported
Speaker 1: that the company is being queried by Senator Josh Holly
Speaker 1: for its mortgage credit scoring. Look at this down five
Speaker 1: point seven percent. Political reported on a letter that Center
Speaker 1: Holly sent to FICO that said, quote, these price increases
Speaker 1: are most damaging to the Americans who can least afford them.
Speaker 1: First time home buyer is very disproportionate burden of the cost.
Speaker 1: Once again, Fyco shares following by five point seven percent
Speaker 1: and a late ad big thank you to the controller
Speaker 1: for throwing this one up. There. Esta latter company shares
Speaker 1: laid in the session down seven point seven percent. Amazing,
Speaker 1: this is wild. The Ft reported the companies nearing a
Speaker 1: deal to combine with Quig Brands It's a Span beauty firm.
Speaker 1: The transaction could be announced as soon as Monday, according
Speaker 1: to the newspapers cited people familiar with the matter. Estay
Speaker 1: a lot of shares down seven point seven percent today.
Speaker 2: The Stockmover's report from Bloomberg Radio check back with us
Speaker 2: throughout the day. For the latest roundup of companies making
Speaker 2: news on Wall Street, and for the latest market moving headlines.
Speaker 2: Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg
Speaker 2: dot com, and on Applecarplay and Android Auto with the
Speaker 2: Bloomberg Business app.