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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 Bostik, and Scarlet.
Foo taking a check at advancers and decliners around over one hundred and eighty companies hired today, about thirty seven percent of the index at three hundred and sixteen lower or sixty three roughly percent.
Katie, and let's take a look at the sector level. Interesting breakdown here. You had slightly more losers than winners when you take a look at that circle. But if you're wondering what that bright green area is, that, of course is tech. We know it was a big day in the tech space, Oracle again, but also energy having a good day as well, Utilities too getting in on
the action. Would didn't do so hot today. Consumer discretionary your biggest loser on a percentage basis, Consumer staples as well, having a bad month and having a bad day, down about one percent.
And of course looking at the gainers, guys have to bring up Klarna, the buy now pay leader. Of course, made Bailey lipschutzit here earlier breaking it down for us, so looking at how it prices IPO above its range and raised about one point four billion dollars. So at the opened rising as much as thirty percent, and of course Katie was just mentioning Oracle ol CL here for the ticker actually jumping at thirty six percent, so it's
a best day since December nineteen ninety two. So the Wall Street Journal having that report that openingy signed a contract to persons three hundred billion dollars in computing power over roughly five years from Oracle, and then you're looking over at other companies related to that. So Broadcom up close to ten percent. It's best day since April ninth,
so rising on the back of that. So it's kind of leading the chip sector rally there with its CEO actually talking about a potential for a big payday if you can hit challenging new targets for artificial intelligence and then asset entities. The ticker is ASST that's jumping looking
at twenty nine percent. Hired's best day since August eleventh, and so what happened here at shareholders did approve a striveverger here, so looking at that stock more than doubling when you're trading there and seeing how that shakes out for the gators there. So Lisa, what are you looking at for decliner?
Okay, decliners, I have to go to Synopsis Sticker SNPs. Their shares closed down more than thirty five percent, a big downer. It warned that US export restrictions they're contributing to a slowdown in China, and that is its largest market for semiconductors. So At CEO said a couple of things. He said he would be refocusing those resources on other areas. I said, they're reducing the company's headcount by ten percent.
Also reported things like third quarter results should a week read on design ip revenue, gave an earnings outlook that was a little bit weaker than expected. I also want to point out chewy tticker Cchwy. Their shares closed down about sixteen percent. So basically what this is, it's going to give up some profit to get a larger share of the pets supplies market. That was even if it
meant disappointing Wall Street, which it did. So it reported those second quarter results raise its full year sale guidance, but the company backed its profitability outlook right It plans to reinvest those top line gains into pricing growth driver growth drivers like its paid membership program.
I don't know.
I don't have a dog. I'm allergic.
So that's how you go.
Sorry, sorry so much. I know my kids ask me for dogs all the time. It's not going to happen. I quickly want to touch on HPA tick R HPQ. Their shares down closed down about one percent. It basically this is an upgrade down grade scory it was. It was downgraded to inline from outperform at ever evercore ISI.
Yeah, let's go take a quick look at yields right now. Basically a drop down the curve with actually more of the activity on the longer end of the curve. And this is actually going to really play into this idea as to what's been going on with regards to inflation. That PPI report this morning. While on the top line, it did seem to show that there was some containment in the space, we should point out under the hood, when you look at wholesaler margins, you have a lot
of wholesalers eating the costs of those tariffs. That means they're not passing it down to the consumer. That might bode well for the CPI report tomorrow morning. But the big question is how much longer does that last? I do want to turn back to socks, and before we move on to what happened with Oracle, I do just want to mention Klarna, of course, in the clothes on the day there we did go the clothes right at
that forty five eighty two level. So relatively successful day for the newest entrance to the market and IPO at forty dollars and open today at fifty two in a close just below forty six.
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.