芯片设备股飙升，Zimmer Biomet下跌，AeroVironment大涨

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the Stock Movers Report, your roundup of companies making moves in the stock market, harnessing the power of Bloomberg data.

I'm Carol Meer along with Tim Stenick. Let's get to some stocks on the move for you on this Tuesday. With us, of course, is Jess Metton and she of course is I was up up

Bloomberg News deputy team leader and senior reporter and I think there's a third. A lot of titles.

I don't expect you to know all of them, Carol.

She's a big deal and she knows everything. And while we were going through I'm like record. She's like nodding not nodding like

she knows. You can just ask.

I didn't want to jump in but I was like no not a record.

I know. I know. I was like the last record was June 2nd for the S&P 500.

That's why we love you for many many reasons. Okay. Stocks on the move today. Where do you want to go? Well, of course, you were just pointing out what happened with the socks on a year-to- date basis. So, I have to highlight once again what are the bright spots today. So, this time, of course, the chip space again, but specifically Chip Tools. So, KLA Corp., the ticker is KLAC. You're looking at that stock up 9%. So, best day checking notes there only since June 29th, but I have to point out the run that it's been on over the past month.

I mean, it's on pace for its best month in almost 40 years and up around 150% this year. So that'd be the most since 1999. So what happened here is what's going on with South Korea with the investments with Samsung as well as SK. So there's over $500 billion that they're trying to invest specifically with AI chip production. So you're seeing those chip tool stocks like KLA rallying on the back of this. And then of course you also have other stocks that are exposed to those corners of the market like applied materials and then ASL ASML.

It actually finished 7% higher in Amsterdam today. So that was actually another record there. So of course looking at what's happening with the socks year-to- date basis. Wall Street still pretty optimistic specifically for chip tools. So last week we were talking so much about memory stocks with Micron as well as SanDisk. But uh today we're doing the chip tools. So really if you're looking at UBS group, they're still predicting a total of chip equipment market would hit around 250 billion in 2028 and you still have JP Morgan uh optimistic on that as well as Susuana.

So, Wall Street's still optimistic specifically on these chip tool makers.

SanDisk and KLA, your top gainers in both the S&P 500, very different parts of the socks ecosystem.

Totally. Totally. But interesting, right?

And there's there's days where you'll see the socks up a lot, but today it's mostly because of those chip tool stocks. So, you're looking at KLA, ASML, as well as Applied Materials. If you look over today and yesterday, those of what have contributed the most to the gains in the socks.

All right. Zimmer Biomat also on your radar. Unfortunately, you were pointing out some of the rate sensitive corners of the market if you're looking at the IMAP function. So, healthcare is one of those uh that sector down close to around 1% today. So, some of that has to do with those medical device companies. So, if you're looking at Zimmer, the ticker is ZBH down about 6% on pace for its worst day since April 28th.

So, medical device company um among the biggest decliners in the S&P 500 today. So, Cleveland Research, this is what's hurting that stock, published a report citing disappointing orthopedic market trends. So you're seeing that stocks pressured as well as another peer of it is Striker Corp SYK down about 5% today on Paceports Wars Day since May 1st.

All right, let's finish up with uh Aervironment.

Yes. So that is the ticker AVA is actually up 18%. So that's its best day uh since May 28th. If you look at a year-to- date basis though, still down about 32% even with today's gains. But this is a drone maker. So it boosted its earnings uh outlook and it's defense company too. So its market cap is around 8 billion. So it's not in the S&P 500, but it is in the S&P uh midcap 400 as well as the NASDAQ composite. Uh but it is looking as far as that strong revenue forecast for 2027, that's what you're seeing really supporting uh that stock and it beat across several metrics here.

So because of the defense budget with uh Trump and we're seeing the defense department around something like $75 billion as far as reinvesting that into drones. That's why even though the stock's down pretty heavily year to date, Wall Street optimistic on the second half of the year for this stock,

the 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.com, and on Apple CarPlay and Android Auto with the Bloomberg Business App.