Moderna Falls; Robinhood, Target Fluctuate

0:00Cities are growing, with UN forecasting rapid urbanisation over the coming decades, how do we ensure they get smarter, on which cities have a blueprint that addresses rapidly evolving infrastructure requirements? Find out more later in the podcast. The Stock Movers Report, your roundup of companies making moves in the stock market, harnessing the power of Bloomberg data. Let's take a look at some stocks on the move today. Denise Tekkova is with us, she's a processor reported Bloomberg news. What do you got for? What's the first one that you've been minding? You've been paying attention to over the course of the day. I've been thinking about Moderna. The owner of the entire pharmaceutical company. Yes, exactly. Exactly, and the ticker you're going to ask me, it's M-Air NA. MRNA, like the... Look at that. Exactly, this is what we're going to talk about. So, CD Group Analyst recommended selling the stocks, saying the valuation is unjustifiable.

1:00Just to give you some context, the stock soared more nearly 600% this year. How could it be doing all right? The company has been doing all right after a few difficulties. So, the search is coming on the back of positive data from their cancer vaccine that they're doing with Mark. So, pretty much what CD Group is saying, this is unsustainable, this is a big rally, it's priced in. One interesting part they're making, they're sending that the experimental vaccine could become a market leading therapy for melanoma. But they say that this doesn't broadly validate the platform for other tumor types, which has been an important part of the debate, and part of the optimism. Nevertheless, stock is a 550% this year. All right. Really big rally, even if we're seeing some negatives from CD Group. Overall, a picture is still strong. I'm having an impact though. Thanks, sir. Thank you. And it's tough landscaped for vaccine makers right now too, I think in certain markets. Okay. What else are you looking at? We're talking about prediction markets a lot, but today we're talking about KPI.

2:01And we're talking about CBO Globo working with Robin Hood on this new category of binary contracts. It's somewhat similar to prediction markets, but I would say it's more institutional based. You can choose different parts of the earnings report and kind of get around it, head around it. So it's very sophisticated. I've been trying to do it for some time. It's the KPI binary options. It's a partnership with Robin Hood. CBO is up to date. Having a pretty good day. Robin Hood on the other side is not getting the same reaction. In earlier trading, we saw a jump in Robin Hood's price. It doesn't necessarily. The case now, this stock is actually down more than 3%. They had a few announcements. It's extended trading agents. So you can have agents doing your investment strategy while you see. More agents. Yeah. Perpetual futures. Prediction market is going strong. You know, all the companies doing all those innovative things. But nevertheless, it's down to things. It's actually flat on the ear. So we're seeing different reaction for CBO, which is more institutional based. And different for Robin Hood, which is more retail focused. Take this apart a little bit. So Robin and having this big conference in New York, we're talking to an executive from another firm who was there.

3:03Jason Wallack. Jason Wallack of Bruce Markets. And you mentioned the fact that we were talking about this going to this 24-7 trading. How big a phenomenon is this going to be? It's really fast. I mean, they're first mobile. They're the first company that's doing it on the weekend. They just announced that. It's really fascinating because you have this. At the same time, you have perpetual futures, which provide, in their case, 10 times leverage. You have this at the same time. You have prediction markets and all that. And have agents potentially trading that. So it feels like it can be a kind of a complicated. I'm exhausted already. I'm exhausted. I guess the agents will be allowing that. They take your car. We'll let the robot exist. It'll be okay. It's a markets reporter. I'm stressed. You're stressed a little. All right. One more. I'd say what you got to close the package. Target. It was up in early trading. Not pretty much flat. It's coming off. HSBC raising their accommodation. They actually have a pretty good new price target. 190 dollars. It used to be 125. So pretty bullish. What they're seeing is saying that the second quarter reserve provided strong

4:05evidence about the turnaround for it. So what Target has been doing is they have been doing a lot of discounts. Obviously we see some pressure for consumers and all those brands including Walmart and Target have been trying to lure with different deals. And now it seems like Target is doing great. What the analysts are saying is they're seeing a lot more food traffic. So it's not necessarily. You're going to say I was reading there trying to get into that food because Walmart is actually the largest grocer in the country, which people forget about and Target is trying to move into that market. Exactly. And the food traffic is increasing. Which clearly helps a lot. And analysts are very excited. The company is already up 60%. So I can argue that having that a great with 60% here today again really shows a lot of bullishness going into this. Nevertheless, interesting to see as everyone is watching the consumer. Yes. A company that's gone through a lot of leadership transition in recent years. Also fasted into the way that companies like Target Walmart have been trying to insulate their customers from a lot of the effects. And as you mentioned, changing trade ones at the top of those companies, appealing to different markets.

5:08And then obviously there was a boycott of Target and then there was a different one. So it's like, they're trying to do all this while retaining the customers that they have and not antagonizing a new group. So it's harder, I think, for retailers than it used to be. Because it's not always just about the product. It's also, we're using the word vibe earlier. It's also about the five. It's been the brand. Brand identity is so important. Even it's something like Target and Walmart. Put you on the spot here. How good still is a company like Target where Walmart is giving you that sense of the health of the consumer today? You know, we all care about guidance. So they boosted their guidance for the second time this year. So this is what all investors care about. And perhaps one of the reasons they're up 60%. But one analyst are saying that this is reflecting the management confidence in the business. As you said, they've been through a lot of shake-up, a lot of leadership changes. Never less, it seems like they're in good trajectory. Walmart have made some gains at their expense. It seems like they're coming back. So definitely some good.

6:23The business app. Cities are growing, but are they getting smarter? I'm J.K. Greaves, host of Economy and Scale, a series exploring growth in key global sectors. And in this episode, we're diving into how innovation is being hardwired into urban development. Rohit Kumar from Seema's Advanta has this to say. Essentially AI will allow in the smart cities space to compress a lot of things. The speed will change. Dubai is one city embracing such technology as a growth engine. And has also seen its population surge by a third in just five years. Dr. Safani, a tap-yes from engineering consultancy WSP, says. And I think Dubai has learned a lot from sudden increase in population, which doesn't happen everywhere in the world. And I think they reacted very well to it. They have a long term urban planning vision, which again doesn't happen everywhere in the world. Listen to the full episode, wherever you get your podcast.

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