WEBVTT - Ventyx Rises on Eli Lilly Talks, Mobileye, Strategy Rises

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, radio News.

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<v Speaker 2>The Stock Mover's Report, your roundup of companies making moves

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<v Speaker 2>in the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 3>I'm Carol Masser along with Tim Static. Let's get to

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<v Speaker 3>some stocks on the move in the Tuesday trade. Bloomberg

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<v Speaker 3>News equities reporter Carmen Reinikey is with us. She's actually

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<v Speaker 3>equities reporter and also deputy team leader for US Equity,

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<v Speaker 3>so she keeps everybody in check. Good to have you

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<v Speaker 3>back with us. Give us a name.

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<v Speaker 4>Yeah, So, the biggest one that I'm looking at right

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<v Speaker 4>now and after hours is Ventix. This is ticker VTYX.

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<v Speaker 4>So shares are up nearly sixty percent right now. There

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<v Speaker 4>is a Wall Street Journal report that Eli Lilly is

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<v Speaker 4>in advanced talks to acquire this biotech company for more

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<v Speaker 4>than one billion, which is nearly double or yeah, nearly

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<v Speaker 4>double where it was valued as of Tuesday afternoon, which

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<v Speaker 4>is at about five hundred and fifteen million. So shares

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<v Speaker 4>were actually halted for volatility right after we like close

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<v Speaker 4>the market, but they're back up. This is a company

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<v Speaker 4>that specializes in developing medication for inflammatory diseases. So things

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<v Speaker 4>like Crohn's and rheumatoried arthritis, and it had been a

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<v Speaker 4>little bit of a like a rumored acquisition target in

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<v Speaker 4>the space.

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<v Speaker 3>It's interesting to see some deal flow, right. People back

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<v Speaker 3>from the holidays and getting back to work are putting,

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<v Speaker 3>you know, signing something on the bot on the dotted line.

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<v Speaker 3>Mobile Eye is another one that has been on the

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<v Speaker 3>move today.

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<v Speaker 4>Yep, and you know, for kind of a similar reason.

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<v Speaker 4>So shares are up about eight point four percent right now.

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<v Speaker 4>Sys ticker mb l Y. So the self driving car

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<v Speaker 4>company is set to buy and is rarely a startup

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<v Speaker 4>called Mentee Robotics. It's a cash and stock deal that

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<v Speaker 4>will value the company at about nine hundred million, and

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<v Speaker 4>it will be to develop humanoid robots ultimately, but in

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<v Speaker 4>the nearer term it sounds like my Tea is also

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<v Speaker 4>going to be helping mobili with like robots in its factory,

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<v Speaker 4>so in the like automating making some of these cars.

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<v Speaker 3>So it's just the year of the robot.

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<v Speaker 1>It feels like it's only three days, well three trading days,

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<v Speaker 1>six days into the new.

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<v Speaker 3>Year, all right, so maybe it could be well, it's

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<v Speaker 3>just fascinating. I don't know if you know, sixty minutes

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<v Speaker 3>is a big thing on robots. And again they were

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<v Speaker 3>showing what's the company up in in Massachusetts, Boston Dynamics.

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<v Speaker 3>Yeah right, and what they're doing. Yeah, I yes, they're

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<v Speaker 3>no see, yes, it's all about it.

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<v Speaker 1>Help you.

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<v Speaker 3>I'll just stare at now, I'll stare it out of

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<v Speaker 3>a figure out.

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<v Speaker 1>The West coast. There's Kiva, which is part of Amazon

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<v Speaker 1>and has been for years. Yeah, there are a lot

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<v Speaker 1>of companies working on this, but you know, again it

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<v Speaker 1>takes time. Can they be programmed to love?

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<v Speaker 3>That's the question that is Okay, strategy real quickly.

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<v Speaker 4>Yeah, so strategy it's up. It's lost a little bit

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<v Speaker 4>of its gainst up about four and a half percent

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<v Speaker 4>right now. Ticker mstr so MSCI said that it would

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<v Speaker 4>not implement a proposal to exclude digital asset treasury companies

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<v Speaker 4>from its indexes. So this is a big deal. You know,

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<v Speaker 4>they can stay in the indexes and also something that

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<v Speaker 4>executive chairman Michael Saylor had publicly spoken out about it

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<v Speaker 4>a month ago.

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