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 --> 00:00:13,440 Speaker 1: your roundup of companies making moves in the stock market. 3 00:00:13,680 --> 00:00:16,160 Speaker 1: Harnessing the power of Bloomberg data. 4 00:00:16,680 --> 00:00:19,840 Speaker 2: We need to do a Stock Movers It's a podcast 5 00:00:19,880 --> 00:00:21,840 Speaker 2: with Lisa Mattel. All right, I want to start with 6 00:00:21,920 --> 00:00:26,279 Speaker 2: Venix Biosciences, the tickers vt y X. Their shares have 7 00:00:26,360 --> 00:00:28,840 Speaker 2: been up as much as seventy percent. That's after twenty 8 00:00:28,880 --> 00:00:32,240 Speaker 2: nine percent gained yesterday. It's a San Diego based biotech. 9 00:00:32,280 --> 00:00:36,720 Speaker 2: They specialize in drugs for inflammatory diseases like Crohn's rheumatoid arthritis. 10 00:00:37,000 --> 00:00:39,240 Speaker 2: But it's some merger news and that's the whole reason 11 00:00:39,280 --> 00:00:42,280 Speaker 2: behind this. The Wall Street Journal is saying Eli Lilly 12 00:00:42,640 --> 00:00:45,560 Speaker 2: wants to buy the company for more than one billion dollars. 13 00:00:46,360 --> 00:00:48,600 Speaker 2: Lily's looking to expand they want to go beyond you know, 14 00:00:48,600 --> 00:00:51,400 Speaker 2: they're known for the obesity drugs, the diabetes drugs. They 15 00:00:51,440 --> 00:00:55,120 Speaker 2: want to dive into immunology. And Lily does sell several 16 00:00:55,160 --> 00:00:58,640 Speaker 2: treatments for inflammatory conditions like arthritis. But the problem is 17 00:00:58,680 --> 00:01:00,920 Speaker 2: that some of those are such a those key patent 18 00:01:00,960 --> 00:01:04,040 Speaker 2: productions and that's the issue there. But these are just 19 00:01:04,160 --> 00:01:07,840 Speaker 2: reports that has not been confirmed, but the pharmaceutical industry 20 00:01:07,880 --> 00:01:10,720 Speaker 2: is getting ready for the annual JP Morgan Healthcare Conference 21 00:01:11,120 --> 00:01:13,520 Speaker 2: in San Francisco, and that is a big place for 22 00:01:13,600 --> 00:01:17,280 Speaker 2: deal making. So the timing on all this is pretty interesting. 23 00:01:17,920 --> 00:01:20,000 Speaker 2: I want to go to self driving car system company 24 00:01:20,040 --> 00:01:23,920 Speaker 2: Mobile Eye Global at sick Er MBLI. Yes, you're gonna 25 00:01:23,959 --> 00:01:26,319 Speaker 2: love this one. So their shares up as much as 26 00:01:26,319 --> 00:01:29,920 Speaker 2: fourteen percent, so it's basically acquiring. This is rarely startup 27 00:01:30,040 --> 00:01:35,120 Speaker 2: menty robotics. It's a stock deal nine hundred million dollars. 28 00:01:35,680 --> 00:01:39,680 Speaker 2: It's looking to expand robotics capability, so listen to this. 29 00:01:39,760 --> 00:01:42,319 Speaker 2: A lot more car makers in the US and China 30 00:01:42,319 --> 00:01:46,120 Speaker 2: they're investing in humanoid robots that could eventually replace humans 31 00:01:46,120 --> 00:01:50,120 Speaker 2: on some tests, and that includes auto assembly, and that's 32 00:01:50,200 --> 00:01:53,680 Speaker 2: kind of the times. Are not replacing John Bilton's multi 33 00:01:53,720 --> 00:01:59,800 Speaker 2: asset strategy. I saw some video from the summer Electronics 34 00:01:59,800 --> 00:02:03,440 Speaker 2: show what those robots can do? Now, yes, yes, yes, yes, yes, 35 00:02:03,480 --> 00:02:05,200 Speaker 2: So that's why you have the car companies. Kind of 36 00:02:05,200 --> 00:02:08,919 Speaker 2: shading is really I don't know, it might be a 37 00:02:09,000 --> 00:02:12,440 Speaker 2: bought one more, one more, one more. Let's get to 38 00:02:12,560 --> 00:02:18,000 Speaker 2: Michael Saylor's strategy formerly micro strategy. I'm mstr uh. Their 39 00:02:18,080 --> 00:02:20,000 Speaker 2: shares a bent up as much as six percent. The 40 00:02:20,040 --> 00:02:24,079 Speaker 2: stock is actually slumped almost sixty percent in the past year, yes, 41 00:02:24,120 --> 00:02:28,960 Speaker 2: six zero. The reason why the climb, well, you have MSCI. 42 00:02:29,160 --> 00:02:32,840 Speaker 2: They decided for now to keep digital asset treasury companies 43 00:02:32,880 --> 00:02:36,400 Speaker 2: in stock market indexes. So I say for now because 44 00:02:36,440 --> 00:02:38,400 Speaker 2: they didn't close the door. They said they're going to 45 00:02:38,440 --> 00:02:41,080 Speaker 2: do this broader consultation. So you know, they may do 46 00:02:41,120 --> 00:02:44,959 Speaker 2: a potential crackdown in the future, but for now, that's 47 00:02:45,000 --> 00:02:45,560 Speaker 2: what's happening. 48 00:02:46,840 --> 00:02:50,880 Speaker 1: The Stock Mover's report from Bloomberg Radio. Check back with 49 00:02:50,960 --> 00:02:53,519 Speaker 1: us throughout the day for the latest roundup of companies 50 00:02:53,600 --> 00:02:56,680 Speaker 1: making news on Wall Street and for the latest market 51 00:02:56,720 --> 00:03:01,200 Speaker 1: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 52 00:03:01,280 --> 00:03:04,760 Speaker 1: Bloomberg dot com, and on Applecarplay and Android Auto with 53 00:03:04,840 --> 00:03:06,320 Speaker 1: the Bloomberg Business app.