Bloomberg Audio Studios, podcasts, radio news, The.
Stock Mover's Report, your roundup of companies making moves in the stock market, harnessing the power of Bloomberg Data.
I'm Carol Messer longer Terimstic. Let's get to some stocks. The move with us is Bloomberg TV Market's correspondent Norm me Linda. She is in the house. Where are you beginning?
Well, I feel like we've been seeing this whole CEES conference kicked off and we're watching it through the week. So we have to talk about some of the names that were affected by the commentary that we've seen there. Let's kick things off with Sands. This is Kicker s In.
I'm obsessed with this name. All right, you yes, go ahead, go ahead.
Well, this stock is really rallied today, up as much as twenty five percent. That's the biggest jump that we've seen in terms of a single date basis in nearly a year. This of course is commentary from and videos Jensen Wong. He said that the memory storage chip market is quote unquote underserved, and that just sent that stock rallying. We're seeing shares up twenty four percent right now as
we speak. The best performing stock in the S and P five hundred, just simply off of what Jensen Wong has to say.
It was the best performing stock in twenty twenty five, all of these plays in the S and P five hundred. Yeah, it was the top performer and it's and that whole group is just rallying today. There also a top performer in twenty twenty very true. I'm a little obsessed. It's not the names we talk about a lot, but it's just kind of fascinating to see how this trade plays out.
Absolutely well. On the flip side, though, we're still keeping an eye on what Jensen Loong has to say. We did see some data center coaling stocks that fell today. This is after the CEO of Nvidia of raised fears about data center demand for these types of products, and so we are seeing as a second worst performing stock in the S and P five hundred Johnson Controls International ticker JCI and some of its peers also falling Carrier
Global Modine Manufacturing. But we are seeing Johnson Controls International in particular as the second worst performing stock in the S and P five hundred, pairing its earlier decline. It was earlier down about eleven percent for its worst in almost three years.
Train Technologies also taking a hit down about two point eight percent. That's another one of those companies that is in the cooling space.
Absolutely, there's a lot of action that we're seeing right now. So people carry a lot of weight. His words, drunk Jensen Wong's words really carry a lot of weight clearly in this market.
Always do. It's not just about the jacket. Are those some of your decliners?
Those are good?
I need to steal some.
I know, I know, we share, we share, we share exactly, all right. Take us to Lacked Martin Lakeeed Martin.
Of course we are seeing this stock in the green earlier up as much as about five point three percent now pairing a bit. But this after had struck a deal with the Pentagon to triple production of his Patriot Air Defense missile, which we know is deployed not only by the United States but about seventeen other countries. So really critical here. This agreement is really clearing the way for negotiations over a seven year contract to increase production of this and this is really just a broader US
push to ramp up weapons output. So you are seeing the street clearly liking this stock coming in behind. I'm Luckie Martin.
Today the Stockmovers 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.