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This is the closing bell on this stock movers report, the company's making moves at the close of US trading with Carol Master, Tim Stenebeck, Romain Bostick, and Scarlet Food to.
The S and P.
Five hundred, and we've got two hundred and sixteen names gating ground on this Tuesday, Katie, two hundred and eighty six to the downside, one unchanged.
All right, let's take a look at the circle. Not too much in terms of green. You can see the information technology, given that it has such a big weight, rising about eight tens of percent, but overall only three sectors finishing in the green.
You had eight in the red.
In terms of what didn't do too well today, you had energy, materials, utilities, healthcare leading losses. So not a lot of breath behind this rally.
Sorry to see that reality show called the Circle.
I haven't actually I keep thinking of a stable coin.
Yeah, it's not about the S and P five hundred.
What's it about? So fighting love? What most reality story in my career?
All right, let's get to some of the individual gainers. Boeing number one gainer in the S and P five hundred. Everybody I know like for something different, up ten percent and pretty much closing at its best levels of the session. The company planning to or expects to generate cash again next year twenty twenty six, with positive free cash flow
to reach the low single digits next year. Company still expects to eventually reach the ten billion dollar cash generation target outline, but the previous management team this according to the CFO. Keep in mind, here's the back story. The free cash flow at Boeing hasn't been positive on an annual basis since twenty twenty three, and the company phases eight billion in debt payments next year.
So yeah, that's the balance sheet. Intel.
Yeah, also an our performance you mentioned the socks earlier, Romain, Intel, you're number two gainer in the s and P five hundred, number one gainer in the Nasdaq one hundred, a gain of eight point six percent here at the close, continuing really a rally that we've seen that's pushed this stock up more than one hundred percent year to date, up to its highest intra day since April of twenty twenty four, and the stock is at one hundred and twenty one
percent in the past four months alone, so it's been on a move to the eppsh upside. Intel shares recently moving higher on talk rumors and analysts noting a potential deal with Apple to outsource production of its entry level M series chips. That analyst is TFN International Securities analyst, so apparently making a post on X that he expects this deal with Apple, but nothing confirmed. So I'm being
careful about this one, but investors pouring into Intel. Lastly, I just want to get to Shopify, up about five percent in today's session, top gainer in the Nasdaq one hundred. This is after its merchants achieved record sales of fourteen point six billion during the Black Friday Cyber Monday weekend, representing a twenty seven.
Percent increase from last year or so. Some good news. There were out there shopping. Yeah, that's it.
Okay, those are the gainers. I got the decliners. The worst performing in the S and P five hundred today was the company formerly known as Square It's now blockdown six point six percent. The company flag weakness and gross payment volume for its Square segment in the fourth quarter compared to the three months earlier. This during a presentation
at the UBS Global Technology and AI Conference. On the square side, we continue to expect GPV growth in the load of double digit range, said blocks Owen Jennings, So a slight deceleration relative to Q three, largely driven by some weather events in October. Once again, shares of Block today down six point six percent. And then American Bigcoin this is the bigcoin minor slash hoarder co founded by
Eric Trump. This fell as much as fifty one percent earlier in the session, trading was halted a couple times. Shares fell by the end of the day down thirty nine percent. This after restricted shares of the company were freed up to be traded shares from a private placeman that took place before American Bitcoin merged with Griffin Digital
Mining became available on Tuesday. This, according to the crypto minor and a post on the social media platform x by Donald or by Eric Trump brother once again shares American Bitcoin down thirty nine percent today, And finally, Signet Jewelers shares slid by six point eight percent. This is the parent company of k Zales, Jared and many more. Worst day going back to April. Signet's fourth quarter same store sales forecast fell short of the consensus estimate. The
company expressed a note of caution on the consumer. The company Coe said the quote measured fourth quarter outlook on external disruption since late October and potential continued softness in consumer competence. Interestingly enough, Black Friday not a major sales event for most of Signet's brands. They tend to sell closer to Christmas because engagements pick up during the holiday season and through Valentine's Day. Wedding related jewelry typically makes up more than half of signet sales.
All right, quick check on yields here a mixed day, and we talk about this deal of what the Fed does next in the market. Despite what some of the Fed fund's future suggests with regards to options pricing not necessarily reflected in treasuries. You did see short term treasuries move lower down about two basis points. Long term treasuries slightly higher here on the day. But overall this is a bit of stasis, as folks who wait what comes next?
What's next? All right, folks just want to get to some earnings.
Crossing the Bloomberg terminal, get lab just down about eight tens of a percent as it crosses the Bloomberg terminal. That stock is off about twenty three percent year to date, so building on some of those losses in the aftermarket, third quarter adjusted EPs twenty five cents a shore. That's a nickel better than what the street was forecasting. Third quarter revenue coming in better than forecast two hundred and forty four point four million versus an estimate of two thirty nine point five.
But here's the outlook.
Sees fourth quarter revenue two hundred and fifty one million to two hundred and fifty two million. The street estimate is kind of right there, two hundred and fifty one point nine million. And then the company sees fiscal year revenue nine hundred and forty six million to nine hundred forty seven million. It had seen nine hundred thirty six to nine hundred and forty two million, So I'm not quite sure why the street is seeing so much disappointment.
Stock now down about nine percent here in the aftermarket.
Let's talk about Lamarvell, of course, the chip technology company. Here it looks like the headline actually is not the earnings. Here the company is said to be buying Celestial AI in the company actually making that announcement officially in a statement right now. Doesn't appear that terms of the deal are included in this situation, but you're seeing the shares move lower by about two percent here in the after hours trade.
This Stock Movers report from Bloomberg Radio. Check back with us throughout the day for the latest roundup of companies making news on Wall Street and for the latest market moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg dot com, and on Applecarplay and Android Auto with the Bloomberg Business app.