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 00:00:16,920 --> 00:00:18,799 Speaker 1: Let's take a look at some stocks on the move today. 5 00:00:18,840 --> 00:00:22,880 Speaker 1: I'm Nathan Hager, joined by Bloomberg's Emily Graffeo, and Emily 6 00:00:22,920 --> 00:00:27,080 Speaker 1: will start off with the biggest gainer among bigger cap 7 00:00:27,200 --> 00:00:31,040 Speaker 1: stocks this morning, Heckla Mining. I'm guessing that might have 8 00:00:31,080 --> 00:00:33,080 Speaker 1: to do with what's going on in gold and silver 9 00:00:33,240 --> 00:00:33,720 Speaker 1: this morning. 10 00:00:33,760 --> 00:00:37,080 Speaker 3: Good morning, It likely does, Nathan, Good morning. That stock 11 00:00:37,200 --> 00:00:40,879 Speaker 3: is up about six percent right now. They operate as 12 00:00:40,920 --> 00:00:44,720 Speaker 3: a mining company, so they explore, develop, and then mine 13 00:00:44,760 --> 00:00:49,080 Speaker 3: and market minerals including gold, silver, and other base metals. 14 00:00:49,120 --> 00:00:51,839 Speaker 3: And this morning we're seeing gold search past five thousand 15 00:00:51,880 --> 00:00:54,680 Speaker 3: dollars an ounce for the first time ever. Gold has 16 00:00:54,720 --> 00:00:58,720 Speaker 3: been soaring over the last year as investors kind of 17 00:00:58,760 --> 00:01:03,200 Speaker 3: look for safety amid geopolitical volatility. Particularly this morning, we 18 00:01:03,280 --> 00:01:06,720 Speaker 3: have speculation the US may assist Japan in efforts to 19 00:01:06,760 --> 00:01:10,200 Speaker 3: boost the end So that's somewhat adding to worries that 20 00:01:10,360 --> 00:01:13,720 Speaker 3: the FED might not be as independent as investors on 21 00:01:13,880 --> 00:01:17,320 Speaker 3: STOT and that there's just going to be more geo 22 00:01:17,840 --> 00:01:20,440 Speaker 3: geopolitical volatility, so we're seeing that stock higher. And then 23 00:01:20,480 --> 00:01:24,040 Speaker 3: also Numont and Freeport are other miners to watch this morning. 24 00:01:24,080 --> 00:01:27,000 Speaker 3: Numont up about five percent in the pre market and 25 00:01:27,040 --> 00:01:30,320 Speaker 3: Freeport up about four percent, and then of course watching 26 00:01:30,360 --> 00:01:33,600 Speaker 3: Gold as it's hitting new HIGs. 27 00:01:33,080 --> 00:01:37,440 Speaker 1: And even bigger gain this morning for a smaller cab company. 28 00:01:37,480 --> 00:01:39,880 Speaker 1: But I guess kind of in the same space, USA 29 00:01:40,280 --> 00:01:42,520 Speaker 1: Rare Earth is soaring Emily. 30 00:01:43,280 --> 00:01:46,679 Speaker 3: Yeah, so this stock is up about thirty seven percent 31 00:01:46,800 --> 00:01:50,760 Speaker 3: in the pre market USA Rare Earth ticker usa R. 32 00:01:51,160 --> 00:01:54,360 Speaker 3: The Financial Times reported that the Trump administration is going 33 00:01:54,400 --> 00:01:58,920 Speaker 3: to invest one point six billion dollars into the mining company. 34 00:01:58,960 --> 00:02:04,560 Speaker 3: So again overall are up this morning on that gold rally, 35 00:02:04,600 --> 00:02:08,560 Speaker 3: but also this stock particularly getting potentially a ten percent 36 00:02:08,720 --> 00:02:13,120 Speaker 3: steak from the US government, and then this investment will 37 00:02:13,320 --> 00:02:17,320 Speaker 3: also include a separate one billion dollar private financial deal, 38 00:02:17,400 --> 00:02:21,600 Speaker 3: according to the Financial Times. Reiters also adding to reporting 39 00:02:21,600 --> 00:02:23,720 Speaker 3: this morning that this is going to help the company 40 00:02:24,160 --> 00:02:27,919 Speaker 3: develop a domestic mine and magnet facility, and it's all 41 00:02:27,919 --> 00:02:31,400 Speaker 3: coming as the Trump administration very focused here on moving 42 00:02:31,400 --> 00:02:35,800 Speaker 3: into the critical mineral space, bringing that manufacturing of were 43 00:02:35,800 --> 00:02:39,160 Speaker 3: earths into the US They've also taken equity stakes in 44 00:02:39,240 --> 00:02:46,239 Speaker 3: other Rare Earth companies, MP Materials, Lithium Americas, and Trilogy Medals. 45 00:02:46,320 --> 00:02:47,920 Speaker 3: And you said this is a small cap, but the 46 00:02:47,919 --> 00:02:51,239 Speaker 3: stock has doubled more than doubled in the last twelve 47 00:02:51,280 --> 00:02:52,760 Speaker 3: months USA Rare Earth. 48 00:02:53,880 --> 00:02:56,320 Speaker 1: In our last thirty seconds, let's talk about the biggest 49 00:02:56,320 --> 00:02:58,800 Speaker 1: decliner this morning, Revolution Medicines. 50 00:02:59,480 --> 00:03:03,080 Speaker 3: Yeah, Revolution Medicines is down about twenty one percent. The 51 00:03:03,240 --> 00:03:06,880 Speaker 3: journal Moster Journal reporting that Mark ended talks to acquire 52 00:03:07,240 --> 00:03:10,560 Speaker 3: the biotech firm. There was speculation of a deal for 53 00:03:10,680 --> 00:03:13,200 Speaker 3: the last couple of weeks coming through. The two companies 54 00:03:13,200 --> 00:03:15,880 Speaker 3: couldn't agree on a price according to their growth. 55 00:03:16,680 --> 00:03:20,720 Speaker 2: The Stock Mover's report from Bloomberg Radio. Check back with 56 00:03:20,800 --> 00:03:23,359 Speaker 2: us throughout the day for the latest roundup of companies 57 00:03:23,440 --> 00:03:26,560 Speaker 2: making news on Wall Street and for the latest market 58 00:03:26,560 --> 00:03:31,040 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 59 00:03:31,120 --> 00:03:34,640 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 60 00:03:34,680 --> 00:03:36,200 Speaker 2: the Bloomberg Business app.