1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report, 2 00:00:10,240 --> 00:00:13,360 Speaker 1: your roundup of companies making moves in the stock market, 3 00:00:13,680 --> 00:00:17,680 Speaker 1: harnessing the power of Bloomberg Data. Let's take a look 4 00:00:17,720 --> 00:00:19,480 Speaker 1: at some of the stocks on the move today. I'm 5 00:00:19,480 --> 00:00:22,720 Speaker 1: Paul swinging alongside Scarlet Foo when we're joined by Bloomberg's 6 00:00:22,840 --> 00:00:23,720 Speaker 1: Nora and Linda Nora. 7 00:00:23,800 --> 00:00:25,239 Speaker 2: What are you looking at today? Well, there was a 8 00:00:25,280 --> 00:00:27,280 Speaker 2: lot to dig into this morning as I was kind 9 00:00:27,280 --> 00:00:29,920 Speaker 2: of sifting through some of these stocks. I've got eyes 10 00:00:29,960 --> 00:00:33,839 Speaker 2: on Kimberly Clark. This is ticker KMB really in focus 11 00:00:33,880 --> 00:00:38,360 Speaker 2: here alongside Kinview, which is ticker KVUE. You've got shares 12 00:00:38,360 --> 00:00:41,040 Speaker 2: of Kimberly Clark plunging as the worst performing stock on 13 00:00:41,080 --> 00:00:42,839 Speaker 2: the S and P five hundred. It's worst day in 14 00:00:42,920 --> 00:00:46,279 Speaker 2: twenty five years. Elevated trading volume that we're seeing here. 15 00:00:46,360 --> 00:00:49,280 Speaker 2: This is the biggest drop since March seven, two thousand 16 00:00:49,600 --> 00:00:52,680 Speaker 2: and this is after the company agreed to buy Kinview 17 00:00:52,680 --> 00:00:56,160 Speaker 2: for roughly forty billion dollars. This will value Kenview at 18 00:00:56,200 --> 00:00:59,760 Speaker 2: forty eight point seven billion on an enterprise basis here, 19 00:01:00,080 --> 00:01:01,960 Speaker 2: and it's really just you'rre stating the street just trying 20 00:01:01,960 --> 00:01:05,280 Speaker 2: to digest this this deal here and thinking about the 21 00:01:05,280 --> 00:01:07,640 Speaker 2: implications here for Kimberly Clark. If you look at shares 22 00:01:07,680 --> 00:01:10,920 Speaker 2: of Kinview, they are rising though, among the best performing 23 00:01:10,959 --> 00:01:12,880 Speaker 2: stocks in the S and P five hundred. But this 24 00:01:13,000 --> 00:01:17,000 Speaker 2: combination should create a company worth about thirty two billion 25 00:01:17,080 --> 00:01:20,399 Speaker 2: dollars in revenue and it allow it to surpass Unilever 26 00:01:20,680 --> 00:01:23,959 Speaker 2: to become the second biggest seller of health and wellness products, 27 00:01:24,240 --> 00:01:25,639 Speaker 2: following Procter and Gamble. 28 00:01:25,720 --> 00:01:29,720 Speaker 1: There, Yeah, a pretty big giant to the consumer good space. 29 00:01:30,000 --> 00:01:32,880 Speaker 2: Let's talk about the five trillion dollar company in video 30 00:01:33,360 --> 00:01:36,000 Speaker 2: and video, of course, we can't stop talking about that one. 31 00:01:36,120 --> 00:01:39,000 Speaker 2: And this is a deal between and we're looking at 32 00:01:39,040 --> 00:01:41,319 Speaker 2: Amazon and in video right now. Of course, we know 33 00:01:41,760 --> 00:01:45,000 Speaker 2: Amazon's cloud unit signed a thirty eight billion dollar deal 34 00:01:45,400 --> 00:01:48,960 Speaker 2: to supply a slice of open aiy's demand for computing powers. 35 00:01:49,000 --> 00:01:52,000 Speaker 2: So we did see shares of Amazon rising up, extending 36 00:01:52,000 --> 00:01:54,480 Speaker 2: their record high Street that we're seeing today up as 37 00:01:54,520 --> 00:01:57,720 Speaker 2: much as five point nine percent. Now this of course 38 00:01:57,720 --> 00:02:01,280 Speaker 2: open ai will pay AWS for act says the hundreds 39 00:02:01,320 --> 00:02:04,560 Speaker 2: of thousands of Nvidia GPUs as part of a seven 40 00:02:04,760 --> 00:02:07,760 Speaker 2: year deal. This was announced between the two companies today 41 00:02:07,800 --> 00:02:11,239 Speaker 2: so you really are seeing Wall Street investors clearly celebrating 42 00:02:11,280 --> 00:02:14,240 Speaker 2: this collaboration that we're seeing between some of these major 43 00:02:14,360 --> 00:02:17,800 Speaker 2: powerhouses here. All right, one more for us, one more, 44 00:02:17,880 --> 00:02:20,600 Speaker 2: another deal. We can't stop talking about deals on this Monday. 45 00:02:20,880 --> 00:02:24,919 Speaker 2: Here's a Microsoft and Focus. This is MSFT and alongside 46 00:02:25,000 --> 00:02:27,880 Speaker 2: Iron this is Ire in the ticker there. This is 47 00:02:28,080 --> 00:02:31,520 Speaker 2: Iron is an Australia based renewable energy company. They essentially 48 00:02:31,560 --> 00:02:34,880 Speaker 2: manage next gen data centers that are powered by renewable 49 00:02:35,000 --> 00:02:38,360 Speaker 2: energy and this is all optimized for bitcoin mining services 50 00:02:38,360 --> 00:02:41,280 Speaker 2: and other power dense compute. But you saw Microsoft signing 51 00:02:41,280 --> 00:02:44,480 Speaker 2: a deal to buy this company for about nine point 52 00:02:44,560 --> 00:02:47,200 Speaker 2: seven billion dollars. This is a five year agreement and 53 00:02:47,240 --> 00:02:50,960 Speaker 2: this will give Microsoft access to Nvidia systems in Texas 54 00:02:51,240 --> 00:02:53,760 Speaker 2: and it includes a twenty percent pre payment. Here, So 55 00:02:54,000 --> 00:02:56,200 Speaker 2: lots of Nvidia action clearly going on today in the 56 00:02:56,200 --> 00:02:59,240 Speaker 2: market and a lot of deals happening on this Monday. 57 00:03:00,240 --> 00:03:04,480 Speaker 1: This Stockmover's report from Bloomberg Radio. Check back with us 58 00:03:04,480 --> 00:03:07,280 Speaker 1: throughout the day for the latest roundup of companies making 59 00:03:07,360 --> 00:03:10,960 Speaker 1: news on Wall Street and for the latest market moving headlines. 60 00:03:11,200 --> 00:03:15,200 Speaker 1: Listen to Bloomberg Radio Live. Catch us on YouTube. Bloomberg 61 00:03:15,240 --> 00:03:18,320 Speaker 1: dot com and on Applecarplay and Android Auto with the 62 00:03:18,360 --> 00:03:19,720 Speaker 1: Bloomberg Business App.