1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, podcasts, radio News. The Stock Movers Report, 2 00:00:10,280 --> 00:00:13,520 Speaker 1: your roundup of companies making moves in the stock market, 3 00:00:13,680 --> 00:00:15,880 Speaker 1: harnessing the power of Bloomberg Data. 4 00:00:16,480 --> 00:00:18,880 Speaker 2: I'm Jibstebek along with Carol Masser. Let's take a look 5 00:00:18,880 --> 00:00:20,720 Speaker 2: at some stocks on the move today with us as 6 00:00:20,880 --> 00:00:23,520 Speaker 2: Bloomberg News Equities reporter and Deputy team leader for US 7 00:00:23,520 --> 00:00:27,000 Speaker 2: Equities Carmen Reinicky. In Vidia is on your. 8 00:00:26,960 --> 00:00:30,040 Speaker 3: Radar, Yeah, and video shares around a tear today. Right now, 9 00:00:30,040 --> 00:00:32,280 Speaker 3: the stock is up about five point three percent intra 10 00:00:32,400 --> 00:00:35,280 Speaker 3: day trading. It's the largest point contributor to the S 11 00:00:35,320 --> 00:00:37,360 Speaker 3: and P five hundred right now. I think it's about 12 00:00:37,360 --> 00:00:40,000 Speaker 3: twenty eight points on that index. We're really seeing all 13 00:00:40,040 --> 00:00:42,559 Speaker 3: of the AI names though in risk on assets, really 14 00:00:42,640 --> 00:00:45,480 Speaker 3: bouncing back after last week. So in Nvidia last week 15 00:00:45,520 --> 00:00:48,680 Speaker 3: fell more than seven percent. It had his worst week 16 00:00:48,840 --> 00:00:53,560 Speaker 3: since mid April. So we're just seeing, you know, hopes 17 00:00:53,600 --> 00:00:55,520 Speaker 3: that the shutdown is ending, and I think looking ahead 18 00:00:55,520 --> 00:00:58,200 Speaker 3: to maybe some results for in Nvidia next week. Just 19 00:00:58,400 --> 00:01:01,600 Speaker 3: bolstering optimism again. Ones float you know, flying back. 20 00:01:01,480 --> 00:01:02,840 Speaker 1: Into these I will say the socks. 21 00:01:02,840 --> 00:01:05,960 Speaker 3: The Philly Semiconductor Index twenty six of the thirty names 22 00:01:06,000 --> 00:01:08,080 Speaker 3: are higher today, so yes, the risk on trade in 23 00:01:08,120 --> 00:01:08,560 Speaker 3: a big way. 24 00:01:09,640 --> 00:01:12,160 Speaker 1: Big pharma in the news again, Yeah for sure. 25 00:01:12,200 --> 00:01:14,600 Speaker 3: So shares of Eli Lilly, which is ticker ll Y, 26 00:01:14,760 --> 00:01:17,360 Speaker 3: are up four point eight percent right now. They're on 27 00:01:17,560 --> 00:01:21,880 Speaker 3: track for a record high close. So basically Leering Partners 28 00:01:21,920 --> 00:01:25,480 Speaker 3: upgraded the company to outperform from market perform. This is 29 00:01:25,600 --> 00:01:28,399 Speaker 3: after the recent deal with the Trump administration to cut 30 00:01:28,440 --> 00:01:31,960 Speaker 3: prices for obesity drugs in exchange for wider Medicare coverage 31 00:01:32,520 --> 00:01:34,319 Speaker 3: that happened last week, so I think we're just seeing 32 00:01:34,360 --> 00:01:37,759 Speaker 3: so some continued trading on that. The company also said 33 00:01:37,760 --> 00:01:41,360 Speaker 3: that it was going to utilize an AI platform to 34 00:01:41,400 --> 00:01:44,039 Speaker 3: aid in drug discovery, so that could be giving shares 35 00:01:44,080 --> 00:01:46,560 Speaker 3: sort of an extra little boost today if there's investor 36 00:01:46,600 --> 00:01:52,320 Speaker 3: optimism about you know, using artificial intelligence in the healthcare space. 37 00:01:52,840 --> 00:01:54,920 Speaker 3: And you know, I guess on the flip side where 38 00:01:55,040 --> 00:01:59,480 Speaker 3: we're really seeing shares of US healthcare insurance and hospitals 39 00:02:00,120 --> 00:02:04,000 Speaker 3: falling today. So lawmakers they're drawing closer to you know, 40 00:02:04,160 --> 00:02:06,800 Speaker 3: ending the government shutdown, but it looks like that's going 41 00:02:06,840 --> 00:02:11,720 Speaker 3: to be without securiting an extension of you Affordable Care Act. Subsidies, 42 00:02:11,840 --> 00:02:14,320 Speaker 3: and so this is really hitting shares of stocks like 43 00:02:15,040 --> 00:02:18,519 Speaker 3: centeen Corpse CNC. It's down eight point four percent right now, 44 00:02:18,600 --> 00:02:23,840 Speaker 3: worst day since July. Then Molina Healthcare MOH. It's down 45 00:02:23,880 --> 00:02:26,400 Speaker 3: seven and a half percent today. This is the lowest 46 00:02:26,520 --> 00:02:29,640 Speaker 3: actually since April twenty twenty for this stock, So really 47 00:02:29,639 --> 00:02:31,639 Speaker 3: really significant news. 48 00:02:31,639 --> 00:02:37,160 Speaker 1: Here the Stock Movers Report from Bloomberg Radio. Check back 49 00:02:37,200 --> 00:02:39,440 Speaker 1: with us throughout the day for the latest roundup of 50 00:02:39,480 --> 00:02:42,760 Speaker 1: companies making news on Wall Street and for the latest 51 00:02:42,800 --> 00:02:47,000 Speaker 1: market moving headlines. Listen to Bloomberg Radio Live, catch us 52 00:02:47,040 --> 00:02:50,800 Speaker 1: on YouTube, Bloomberg dot com, and on Applecarplay and Android 53 00:02:50,800 --> 00:02:52,799 Speaker 1: Auto with the Bloomberg Business app.