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Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers podcast,

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Speaker 1: your roundup of companies making moves in the stock market,

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Speaker 1: harnessing the power of Bloomberg data.

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Speaker 2: Let's take a look at some stocks on the move today.

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Speaker 2: We're joined by Lisa Stockmover's MATEO you.

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Speaker 3: Got it, and we're going to start with that. And

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Speaker 3: we're gonna start with United Health because their shares have

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Speaker 3: really been down as much as twenty percent before the bell.

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Speaker 3: So here's the basic rundown. It cut its earnings outlook

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Speaker 3: for the year, reported first quarter earnings below estimates on

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Speaker 3: but it pointed to this surprise jump in medical costs

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Speaker 3: that where they say, we're far above what it expected.

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Speaker 3: I mean, they're the largest seller of Medicare advantage health plans, right.

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Speaker 3: They also cited unanticipated changes in its optim healthcare delivery

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Speaker 3: business and that's affecting reimbursements. But the analysts are basically

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Speaker 3: what they're saying is that it's rare for the company

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Speaker 3: to cut its guidance because it typically forecasts a little

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Speaker 3: bit more conservatively and it's often raises the outlook as

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Speaker 3: of your progressive So that's kind of the difference there.

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Speaker 3: But it's affecting other ones. We see Humana, you know,

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Speaker 3: their shares were a lower. CVS Health companies like that,

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Speaker 3: their shares were also lower this morning. So it started

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Speaker 3: to affect other companies. It's like this trickle down effect.

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Speaker 3: And then shares of Hurts. They have been up as

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Speaker 3: much as about twenty percent, but yesterday, I mean fifty

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Speaker 3: six percent, up that much at the close yesterday that

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Speaker 3: was his biggest gain ever. And that's when the news

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Speaker 3: came out. CNBC said that Bill Lackman's Pershing Square Capital

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Speaker 3: had taken a nearly twenty percent stake in the company.

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Speaker 3: So if you're looking for their specifics in the filing,

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Speaker 3: it said it bought twelve point seven million shares that

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Speaker 3: were valued about's forty six point five million dollars. CNBC

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Speaker 3: later reported that position was about nineteen point eight because

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Speaker 3: it included shares and swaps. But what it does is

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Speaker 3: it makes Pershing Square the company's second largest shareholder. But

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Speaker 3: we all know how Hurtz has been changing. Remember when

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Speaker 3: they bought all those teslas, right, the problem with that,

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Speaker 3: so it's really been going down. It's fall The stock

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Speaker 3: is for gold custos, sir, you are time I walked

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Speaker 3: right up to I didn't go to the counter, go

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Speaker 3: right to the car.

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Speaker 1: We ran to the.

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Speaker 2: Hurts car a number of years ago up in Maine,

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Speaker 2: land of black flies, and the overage on top of

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Speaker 2: the bill were insulting. They built the ticket up like

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Speaker 2: I've never seen.

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Speaker 1: Yeah, I don't know's I like it? Yeah, I'm a fan.

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Speaker 1: So they do very very well with.

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Speaker 3: You did you run the tesla? I didn't do that.

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Speaker 2: You get to Harvard right off, of course?

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Speaker 1: Yeah?

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Speaker 3: Okay, next, okay, Eli, Lily, their share hasn't been down

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Speaker 3: as much as twelve percent, and it has to do

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Speaker 3: with the battleful weight loss drugs, right, we've been talking

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Speaker 3: about it. Lily getting some good news because they've been

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Speaker 3: working on this experimental GLP one pill. Everyone met the

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Speaker 3: shot talking yeah, cause everyone's like, oh, the shots, I

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Speaker 3: don't know, but the pill is what everyone's talking about.

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Speaker 3: So the new data show that it worked just as

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Speaker 3: well as novoor Nords Ozmpic shot, which is interesting. It

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Speaker 3: showed patients lost about sixteen pounds seven point nine percent

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Speaker 3: of their body weight. And what's even more is that

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Speaker 3: they hadn't even lost like that reached that plateau, So

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Speaker 3: it could show they have more to lose on top

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Speaker 3: of it. But the biggest difference was the blood sugar levels,

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Speaker 3: because that's what a lot of people are going to

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Speaker 3: do it for. The pill lowered the blood sugar levels

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Speaker 3: by an average of one point three percent. Was that big?

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Speaker 3: It was minaturing the shot for a long time now

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Speaker 3: to a certain somebody.

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Speaker 1: And easy pasy. But the side effects, you're pretty.

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Speaker 3: Noticeable, Like the whole nausea thing is yeah, I have

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Speaker 3: to someone I know who was doing the shot PI

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Speaker 3: nausea and the bathroom runs are a little sorry, are

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Speaker 3: you just putting it out there? One more TSMC rose

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Speaker 3: as much in five seven five percent, the reason why

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Speaker 3: it just forecasts sales second quarter beat estimates. It also

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Speaker 3: kept its growth outlook for twenty twenty five expectations a AI.

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Speaker 3: They say revenue doubling, so good forecast for AI.

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Speaker 1: The Stock Movers podcast from Bloomberg Radio. Check back with

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Speaker 1: us throughout the day for the latest roundup of companies

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