芯片股领涨，AT&T与Verizon下跌，Vita Coco走低

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This is the closing bell on the stock movers report. The [music] companies making moves at the close of US trading with Carol Massar, Tim Stenovec, [music] Romaine Bostick, and Katie Gryfeld.

Let's go to some of [music] the individual gainers. Got to talk about stuff we've already mentioned, but let's go there anyway. Uh Philadelphia Semiconductor Index adding on another 4% [music] for uh the for the first half of 2026. So, chip stocks, as we said, um looks like their best quarter ever. Uh so, quite a start to the year. We know the story, the AI uh demand for all things semiconductors. We should point out though, it does feel like investors have gotten a little bit more skeptical, and we have seen some moves um or some volatility in the sector.

Eric Weiner of our Bloomberg team here just uh on air with us, and he said that the SOX is on its best way uh on its way to its best year ever. So, we've seen quite a move. Uh I just want to mention a couple of them. Chip tool stocks also rallying. So, KLA 10X Core semi uh manufacturing was a top name in the S&P and Nasdaq 100. That went up more than 8%. ASML up about 5.6%. These companies rallying as increased investments from leading chip makers in South Korea bolstered investors optimism.

Uh latest strength in the sector coming after Samsung Electronics and SK Hynix announced plans to build two chip making plants a piece in South Korea for a total of about $500 billion uh US. You also had Susquehanna uh adjusting the firm's price target on KLA to 275 from 1,700 and keeps a neutral rating on the shares. Firm updated its model following some channel checks. So,

Wow.

some uh yeah. Exactly. Well, you know.

Wow.

You know.

Yeah, I'll also throw in there uh Ambrella, which had a fantastic day today, up 28%. Uh that's the best day that they've had on record, and that was largely because uh of that rotation trade here. Rosenblatt actually naming it top pick saying people are starting to rotate to some of these physical AI names, and I guess Ambarella in the analyst's perspective fits squarely into that that category.

Yeah, there's some movement, right? Certainly around. Hey, just quickly I want to mention solar stocks, Enphase, SolarEdge. We saw solar technology stocks in there.

do well. It's going to be like 100° this week. Is that how it works when it's hotter?

No, that's not how it works. Enphase was up 1.9%. SolarEdge up about 5 and 1/2%. This is on reports that the FCC is drafting a ban on imports of foreign inverters.

Oh.

And while while Chinese manufacturers have limited US residential market share, they do have a larger utility and storage share. That was coming out from an analyst, so we did see those names move. And then I just want to mention something that's kind of near and dear to us. We just did a remote in Vegas with the team over at Everpure. Well, this name, ticker is PE, if you're not familiar, stock up about 9% jumping as Reuters says um have a partner's built a new position in the company.

If you're not familiar with Ever Everpure, it used to be Pure Storage. They're a data management enterprise storage system company, and so that one was on the move kind of late in the day. Yeah. And if you missed our interviews, we talked to the CEO. We talked

CFO?

the CFO.

Yeah, wow.

Um they talked a lot about ROI when it comes to AI. That is certainly

Hey Tim, what do you got?

I got some stocks that are in the red. It might feel like deja vu all over again from yesterday because telecom companies fell for another day today, down 5%. And for the same reason, I'm going with AT&T instead of Verizon today, down more than 5% after it fell 6.3% yesterday. This after the news that SpaceX and Charter Communications are having executive-level talks about partnering on a consumer mobile phone offering that could directly challenge wireless providers.

This is according to three people familiar with the matter. But again, this is the second day in a row these stocks are falling as a result of those talks. It's about the concern that it has to the core business for the big three players, of course, when it comes to mobile phones. Also, uh let's talk a little bit about telecom or rather uh tele- communication services and you know, those call center services. So, if you're, you know, on the phone with a call center and you're not necessarily talking to a person, you're talking to an AI, that's a concern for Concentrix, down today by 11.2%.

These are companies that are typically handling actual human being requests and requests going to humans, but there's concern now that that's going to be replaced with AI. Teleperformance is another company that fell today this after Concentrix cut its revenue outlook. It warned that some of its customers are cutting back on spending. Concentrix said yesterday also lowered the midpoint of its fiscal 2026 revenue outlook range by about $130 million.

Executives flagged several scenarios where clients ended up cutting down on call center spending. It's funny Carol mentioned Eric Weiner coming on and talking to us about the stocks. He also told us that he was buying a new iPhone as a result of, you know, getting ahead of the memory uh chip or the memory, you know, uh expenses growing. And he had an issue with his phone and he spent days with the AIs at a certain telecom company and when he was finally connected to an actual human being, they figured out his problem like 15 minutes.

So, I don't know. Do with that what you will. Are there any coconut water fans here?

Not sure. Why not?

Okay. Vita Coco shares down by 8.8% today. Fourth straight session of declines. The stock down close to 20% over the last four days. Largest quad period drop going back to March of 2022. Still shares up more than 20% so far [music] this year. Vita Coco down 8.8% today.

This stock movers report from Bloomberg Radio. Check back with us throughout the day for the latest roundup of companies [music] making news on Wall Street and for the latest market moving headlines,

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