1 00:00:00,080 --> 00:00:01,880 Speaker 1: Let's take a look at some stocks on the move 2 00:00:01,920 --> 00:00:05,120 Speaker 1: on this Thursday, and we're joined by Bloomberg Crossauset reporter 3 00:00:05,200 --> 00:00:08,600 Speaker 1: Emily Graffeo. Emily Robin Hood in the news. 4 00:00:08,880 --> 00:00:11,760 Speaker 2: Yeah, I mean Robin Hood was the third best performer 5 00:00:11,800 --> 00:00:13,920 Speaker 2: in the S and P five hundred today. It was 6 00:00:14,040 --> 00:00:18,119 Speaker 2: up four point seven percent. It hit a record intra 7 00:00:18,200 --> 00:00:21,840 Speaker 2: day high. And I don't only to put people on 8 00:00:21,880 --> 00:00:24,520 Speaker 2: the spot, so I won't make you, guys, guess how 9 00:00:24,600 --> 00:00:27,680 Speaker 2: much this stock has gone up over the last twelve years. 10 00:00:27,760 --> 00:00:29,760 Speaker 2: But I'll let you think of it. Twelve years, I'm sorry, 11 00:00:29,800 --> 00:00:30,319 Speaker 2: twelve months. 12 00:00:30,320 --> 00:00:34,440 Speaker 3: Okay, I think this ipiod like when you were at Bloomberg. 13 00:00:34,560 --> 00:00:36,840 Speaker 2: Yes, yes, yes, it appeared recently in the last Okay, 14 00:00:36,880 --> 00:00:39,199 Speaker 2: in the last twelve months. How much do you think 15 00:00:39,200 --> 00:00:40,760 Speaker 2: it's gone up? Just think about it. You don't have 16 00:00:40,760 --> 00:00:40,960 Speaker 2: to say it. 17 00:00:41,120 --> 00:00:42,200 Speaker 3: How many did Okay? 18 00:00:42,200 --> 00:00:44,720 Speaker 1: Because I had this really nifty thing called the Bloomberg 19 00:00:44,720 --> 00:00:45,120 Speaker 1: two at all. 20 00:00:45,159 --> 00:00:46,320 Speaker 3: Well, I get it that. 21 00:00:46,440 --> 00:00:48,479 Speaker 1: I just looked it at just the year to date, 22 00:00:48,520 --> 00:00:50,840 Speaker 1: which is a lot. So I'm going to make tim guests. 23 00:00:50,600 --> 00:00:52,880 Speaker 3: Two or three digits, three digit Yeah, I'm going to 24 00:00:52,880 --> 00:00:54,160 Speaker 3: say one hundred and thirty percent. 25 00:00:55,600 --> 00:01:00,440 Speaker 2: Forty four percent in the last year. That's so this 26 00:01:00,480 --> 00:01:02,720 Speaker 2: has been crazy. The stock was recently added to the 27 00:01:02,800 --> 00:01:05,640 Speaker 2: S and P five hundred and do it too. We 28 00:01:05,720 --> 00:01:08,480 Speaker 2: did get their CEO of lad ten of making some 29 00:01:08,560 --> 00:01:11,679 Speaker 2: headlines today. He actually was speaking of Bloomberg TV at 30 00:01:11,680 --> 00:01:14,800 Speaker 2: a conference in Singapore a little bit earlier, talking about 31 00:01:14,840 --> 00:01:18,080 Speaker 2: how the tokenization of assets ranging from stocks to real 32 00:01:18,200 --> 00:01:23,520 Speaker 2: estate is set to rewire financial services and they began 33 00:01:23,600 --> 00:01:27,840 Speaker 2: offering tokenized equities in June. So this is what does 34 00:01:27,880 --> 00:01:32,120 Speaker 2: that mean tokenized equities? Yeah, this is this is a 35 00:01:32,120 --> 00:01:36,880 Speaker 2: good question. It's essentially putting the stock on putting a stock. 36 00:01:36,680 --> 00:01:40,000 Speaker 3: On the blockchain. Yeah, which, and the question is, and 37 00:01:40,200 --> 00:01:43,679 Speaker 3: we've asked lad this before, why do it? And he 38 00:01:43,840 --> 00:01:46,760 Speaker 3: argues that if you do this with things that are 39 00:01:46,800 --> 00:01:51,200 Speaker 3: not just stocks but also like equity of private companies, 40 00:01:51,600 --> 00:01:54,480 Speaker 3: then you can get more people involved in these companies 41 00:01:54,480 --> 00:01:57,480 Speaker 3: and more people invested in these companies. And he's been 42 00:01:57,520 --> 00:01:59,680 Speaker 3: talking about this for a long time and they're working 43 00:01:59,680 --> 00:02:01,360 Speaker 3: on it, so that kind of makes right. 44 00:02:01,600 --> 00:02:02,400 Speaker 2: I mean, it makes sense. 45 00:02:02,480 --> 00:02:04,320 Speaker 3: Now everybody's a believer, not everyone is. 46 00:02:04,320 --> 00:02:07,360 Speaker 2: A believer, but in terms of this affecting the stock 47 00:02:07,440 --> 00:02:10,880 Speaker 2: price over the last twelve months and today. Basically this 48 00:02:10,919 --> 00:02:14,200 Speaker 2: is a theme that investors are looking for. So when 49 00:02:14,440 --> 00:02:17,679 Speaker 2: they hear the CEO say tokenization, they get excited, and 50 00:02:17,800 --> 00:02:18,720 Speaker 2: so we sell this stock. 51 00:02:18,919 --> 00:02:21,200 Speaker 3: And apparently what you can do on the robinhood app 52 00:02:21,240 --> 00:02:24,280 Speaker 3: now has some of the sports betting apps. Yeah, a 53 00:02:24,320 --> 00:02:26,680 Speaker 3: little concerned. Yeah we saw that earlier this week. 54 00:02:26,800 --> 00:02:30,200 Speaker 2: Yeah, so Vlad had also he mentioned prediction markets again. 55 00:02:30,240 --> 00:02:34,760 Speaker 2: This is another hot theme right now. Retail investors are 56 00:02:34,760 --> 00:02:39,560 Speaker 2: not only actually participating in prediction markets, but if a 57 00:02:39,600 --> 00:02:42,839 Speaker 2: publicly traded, you know, company is talking about how they're 58 00:02:42,840 --> 00:02:45,880 Speaker 2: trying to get into that business, it's definitely a catalyst. 59 00:02:45,919 --> 00:02:48,440 Speaker 2: So that's ticker hood Hood. 60 00:02:48,680 --> 00:02:51,040 Speaker 1: Let's go to Robinhood. Let's go to something a business 61 00:02:51,040 --> 00:02:53,680 Speaker 1: I can really understand. Let's go to ticker oxy. 62 00:02:54,040 --> 00:02:55,440 Speaker 3: She's an oil person. 63 00:02:55,600 --> 00:02:59,679 Speaker 2: Earl So Occidental Petroleum was down seven percent. It was 64 00:02:59,680 --> 00:03:03,880 Speaker 2: a big drop since April. And there's some deal news. 65 00:03:04,120 --> 00:03:07,880 Speaker 2: Warren Buffett is getting back into buying companies. He took 66 00:03:07,919 --> 00:03:11,760 Speaker 2: a short hiatus, but Occidental agreed to sell it's oxy 67 00:03:11,919 --> 00:03:16,200 Speaker 2: Kem petrochemical unit to Berkshire Hathaway for about nine point 68 00:03:16,200 --> 00:03:19,840 Speaker 2: seven billion dollars in cash. The sale was below the 69 00:03:19,880 --> 00:03:24,320 Speaker 2: ten billion that had been expected. Could have been one 70 00:03:24,360 --> 00:03:27,760 Speaker 2: reason why we did see the stock fall seven percent. 71 00:03:28,160 --> 00:03:32,320 Speaker 2: And then analyst also said the deal is deleveraging the company. 72 00:03:32,360 --> 00:03:34,400 Speaker 2: But this is the first time we've seen Warren Buffett 73 00:03:34,760 --> 00:03:37,480 Speaker 2: make a large acquisition since twenty twenty two. 74 00:03:37,640 --> 00:03:39,440 Speaker 3: And he has the cash. I mean, were you going 75 00:03:39,480 --> 00:03:41,400 Speaker 3: to say that, Carol? Yeah, well, kind of go to 76 00:03:41,440 --> 00:03:43,120 Speaker 3: the same place with the cash that he has. 77 00:03:43,080 --> 00:03:45,320 Speaker 1: Right, And people have been wondering forever, like at all 78 00:03:45,320 --> 00:03:47,600 Speaker 1: of his you know, annual meetings, what is he to say? 79 00:03:48,200 --> 00:03:50,320 Speaker 3: What does he say every quarter, we'll buy something when 80 00:03:50,320 --> 00:03:52,800 Speaker 3: we find something that we think is valued fairly. 81 00:03:52,920 --> 00:03:53,760 Speaker 1: Sounds very buffet. 82 00:03:53,800 --> 00:03:56,960 Speaker 2: And this is a stock that's made him pretty wealthy. 83 00:03:57,080 --> 00:03:59,760 Speaker 2: He was a pretty big shareholder, and I believe he's 84 00:03:59,760 --> 00:04:03,840 Speaker 2: still in Occidental Petroleum and it's had some pretty good years. 85 00:04:03,960 --> 00:04:06,120 Speaker 3: How does he bring Occidental Petroleum to the annual meeting? 86 00:04:06,320 --> 00:04:08,320 Speaker 3: You know, he has the Ceas candy, he has the 87 00:04:08,360 --> 00:04:09,040 Speaker 3: Coca Cola. 88 00:04:09,440 --> 00:04:14,640 Speaker 1: He is the number one investor in Occidental. 89 00:04:14,760 --> 00:04:17,640 Speaker 3: You didn't answer my question. Just roll a barrel, Okay, yeah, Aisle, 90 00:04:17,800 --> 00:04:20,200 Speaker 3: that's what I was. That's what you do. Hey, you 91 00:04:20,720 --> 00:04:25,560 Speaker 3: need energy to power automobiles. Look what he did there, 92 00:04:25,680 --> 00:04:27,240 Speaker 3: especially ones with their internal combustion. 93 00:04:28,560 --> 00:04:33,240 Speaker 2: Yeah, that was a really good segue into talking about Stilantis. 94 00:04:33,680 --> 00:04:37,200 Speaker 2: I was watching the US listed shares of Stillantis up 95 00:04:37,240 --> 00:04:41,880 Speaker 2: as much as nine percent ticker st l A, and 96 00:04:42,120 --> 00:04:44,240 Speaker 2: the stock the US listed chairs actually hit the highest 97 00:04:44,320 --> 00:04:47,520 Speaker 2: level since July. They were the maker of Jeep SUVs. 98 00:04:47,640 --> 00:04:51,440 Speaker 2: They reported a gain in third quarter US deliveries. Those 99 00:04:51,480 --> 00:04:55,240 Speaker 2: deliveries were up six percent in the third quarter, powered 100 00:04:55,240 --> 00:04:59,560 Speaker 2: by an eleven percent jump in Jeep deliveries. So I 101 00:04:59,560 --> 00:05:03,240 Speaker 2: guess more people it's a Jeep thing, buying Jeeps. Pretty 102 00:05:03,279 --> 00:05:03,719 Speaker 2: cool car.