Speaker 1: Bloomberg Audio Studios, podcasts, radio News. The Stock Movers Report,
Speaker 1: your roundup of companies making moves in the stock market,
Speaker 1: harnessing the power of Bloomberg Data.
Speaker 2: I'm Jibstebek along with Carol Masser. Let's take a look
Speaker 2: at some stocks on the move today with us as
Speaker 2: Bloomberg News Equities reporter and Deputy team leader for US
Speaker 2: Equities Carmen Reinicky. In Vidia is on your.
Speaker 3: Radar, Yeah, and video shares around a tear today. Right now,
Speaker 3: the stock is up about five point three percent intra
Speaker 3: day trading. It's the largest point contributor to the S
Speaker 3: and P five hundred right now. I think it's about
Speaker 3: twenty eight points on that index. We're really seeing all
Speaker 3: of the AI names though in risk on assets, really
Speaker 3: bouncing back after last week. So in Nvidia last week
Speaker 3: fell more than seven percent. It had his worst week
Speaker 3: since mid April. So we're just seeing, you know, hopes
Speaker 3: that the shutdown is ending, and I think looking ahead
Speaker 3: to maybe some results for in Nvidia next week. Just
Speaker 3: bolstering optimism again. Ones float you know, flying back.
Speaker 1: Into these I will say the socks.
Speaker 3: The Philly Semiconductor Index twenty six of the thirty names
Speaker 3: are higher today, so yes, the risk on trade in
Speaker 3: a big way.
Speaker 1: Big pharma in the news again, Yeah for sure.
Speaker 3: So shares of Eli Lilly, which is ticker ll Y,
Speaker 3: are up four point eight percent right now. They're on
Speaker 3: track for a record high close. So basically Leering Partners
Speaker 3: upgraded the company to outperform from market perform. This is
Speaker 3: after the recent deal with the Trump administration to cut
Speaker 3: prices for obesity drugs in exchange for wider Medicare coverage
Speaker 3: that happened last week, so I think we're just seeing
Speaker 3: so some continued trading on that. The company also said
Speaker 3: that it was going to utilize an AI platform to
Speaker 3: aid in drug discovery, so that could be giving shares
Speaker 3: sort of an extra little boost today if there's investor
Speaker 3: optimism about you know, using artificial intelligence in the healthcare space.
Speaker 3: And you know, I guess on the flip side where
Speaker 3: we're really seeing shares of US healthcare insurance and hospitals
Speaker 3: falling today. So lawmakers they're drawing closer to you know,
Speaker 3: ending the government shutdown, but it looks like that's going
Speaker 3: to be without securiting an extension of you Affordable Care Act. Subsidies,
Speaker 3: and so this is really hitting shares of stocks like
Speaker 3: centeen Corpse CNC. It's down eight point four percent right now,
Speaker 3: worst day since July. Then Molina Healthcare MOH. It's down
Speaker 3: seven and a half percent today. This is the lowest
Speaker 3: actually since April twenty twenty for this stock, So really
Speaker 3: really significant news.
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