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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: The Stock Movers Report, your roundup of companies making moves

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Speaker 2: in the stock market, harnessing the power of Bloomberg data.

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Speaker 1: Let's take a look at some individual stocks. Now we

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Speaker 1: want to get under the hood and what's on the

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Speaker 1: move today? And Caroline Hyde. We are joined by Bloomberg

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Speaker 1: Television Markets correspondent Nora Melinda Nora, take it away. We've

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Speaker 1: got three really interesting stocks. And Nova Nordisk. Wow, we

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Speaker 1: are all into tablets rather than shots.

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Speaker 3: Clearly people are really interested in this oral pill that

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Speaker 3: we know. Novo Nordists just got approval in the US

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Speaker 3: for this or are the pill version of its OBCD

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Speaker 3: shot with GOV. This is really great news for Nova Nordisk,

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Speaker 3: especially as we think about it in comparison to Eli,

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Speaker 3: it's competitor. They essentially expect to get approval for their

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Speaker 3: version of their oral pill by March. So we've got

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Speaker 3: Novo Nordis take our vo in ahead of Elilay here.

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Speaker 3: But I mean, it really is a stock that's been struggling.

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Speaker 3: I'm taking a look at shares of Nova Nordice on

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Speaker 3: a year to date basis down forty one percent, so

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Speaker 3: I think that this is really a strong, important moment

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Speaker 3: for this company, and you're definitely seeing shares clearly investors

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Speaker 3: are liking this. Shares are up as much as eleven percent.

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Speaker 3: That's the biggest jump we've seen on a single day

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Speaker 3: basis since January for the stock.

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Speaker 1: Wow. And then we think about elsewhere in the landscape

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Speaker 1: of the consumer in healthcare Johnson and Johnson money.

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Speaker 3: Look at Johnson and Johnson ticker JAY and J. It's

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Speaker 3: down for a different reason. We are seeing shares falling

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Speaker 3: as much as two percent. This is after the company

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Speaker 3: was ordered to pay about one point five six billion

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Speaker 3: dollars to a Maryland woman. Essentially, she blamed the company's

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Speaker 3: talk based baby powder for causing asbestos linked cancer. So

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Speaker 3: jurors did find this in for the woman, they did

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Speaker 3: see two units of its staff in the spinoff kin

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Speaker 3: view of JAY and J. They were liable for failing

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Speaker 3: to warn this woman about the fact that there was

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Speaker 3: the baby powder was tainted with asbestos. So we are

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Speaker 3: seeing shares that are down reacting just a touchdown, about

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Speaker 3: nine tenths of a percent right now as we speak.

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Speaker 1: Wow. That legal hangever spend long, long time for Jay

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Speaker 1: and J. There is surprising me as we tie up

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Speaker 1: this year a little bit of M and A going

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Speaker 1: on Service Now biggest acquisition ever.

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Speaker 3: Right and on a Tuesday, we are seeing this. On

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Speaker 3: Tuesday we saw that they did reach a deal to

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Speaker 3: buy cybersecurity startup ar Miss. This is a deal that's

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Speaker 3: valued about seven point seventy five billion dollars. We know

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Speaker 3: Service Now is an IT management company. We are seeing

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Speaker 3: this representing its largest acquisition to date. As you did

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Speaker 3: call out here, service Now will pay in cash for

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Speaker 3: this deal for Armies, and it expects to fund the

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Speaker 3: transaction through a combo of cash on hand as well

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Speaker 3: as debt. So we're looking at shares that are down

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Speaker 3: as much as two point nine percent on the day.

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Speaker 3: That's ticker INOW. This deal is expected to close in

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Speaker 3: the second half of twenty twenty six.

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Speaker 1: Caroline, Yeah, interesting that Bloomberg had actually been there with

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Speaker 1: the Scoop Loves Week about ARMIS and really yet another

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Speaker 1: success story for Israel and Israeli Group of had been

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Speaker 1: next Military really doing a lot of cyber work over

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Speaker 1: there and then building out this incredibly successful cyber company.

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Speaker 1: But all of these platforms need to make big acquisitions

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Speaker 1: in the world to cyber if you're getting into a genaki.

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Speaker 1: We just think about the huge deal that was with

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Speaker 1: wiz Google.

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Speaker 3: It's like a trend that certainly, and I've been looking

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Speaker 3: at the share action for Service Now in particular, it

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Speaker 3: really has been struggling over the past couple weeks, down

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Speaker 3: about ten percent over the past two weeks. So this

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Speaker 3: is just an addition clearly to the overhang that we've

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Speaker 3: been seeing for this company in particular.

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Speaker 1: Meanwhile, no, we've a hang on the stocks more broadly,

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Speaker 1: and you're seeing S and P five hundred at a

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Speaker 1: new record high more broadly, and we're seeing people starting

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Speaker 1: to pime put on the trays that have worked.

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Speaker 3: Told you right, it's so funny we've been talking so

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Speaker 3: much about the Santa Cross rally and whether or not

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Speaker 3: we're seeing that heading into your end. But it's also

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Speaker 3: really interesting the fact that we're seeing these double digit

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Speaker 3: recur returns for the major indexes, both the S and

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Speaker 3: P five hundred NASDAC, And if you think about what

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Speaker 3: earlier this beginning of this year, end of last year,

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Speaker 3: it seems as though we're in a place where it's

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Speaker 3: not necessarily what the bulls were expecting, but it wasn't

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Speaker 3: what the bears were expecting either. But it's really been

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Speaker 3: an interesting year, and you're certainly seeing clearly a lot

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Speaker 3: of optimism in the market so far as we end

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Speaker 3: the year about double digit returns higher.

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Speaker 1: Even though maybe we put off some views whether the

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Speaker 1: federalill be cutting as much right ja with the economic

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Speaker 1: growth going really rather more resiliently than many anticipated.

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Speaker 3: Absolutely, And another thing that I've been thinking about so

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Speaker 3: much of this year is tariffs. I feel like I

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Speaker 3: haven't heard the words so much in recent weeks, but

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Speaker 3: that's something that I've certainly been reflecting on, especially as

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Speaker 3: I talked to sources as well about tariffs. We've been

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Speaker 3: having geopolitical concerns. There's been so much that's gone on

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Speaker 3: this year, so it's interesting to still see us eking

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Speaker 3: out such a strong gain to and.

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Speaker 2: There this stock Movers report from Bloomberg Radio. Check back

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Speaker 2: with us throughout the day for the latest roundup of

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Speaker 2: companies making news on Wall Street and for the latest

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Speaker 2: market moving headlines. Listen to Bloomberg Radio Live, catch us

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