1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:15,880 Speaker 2: in the stock market. Harnessing the power of Bloomberg Data. 4 00:00:16,640 --> 00:00:18,520 Speaker 3: Let's take a look at some stocks on the move today. 5 00:00:18,560 --> 00:00:21,760 Speaker 2: I'm Nathan Hager, joined by Bloomberg's Kritty Gupta on this 6 00:00:21,920 --> 00:00:27,200 Speaker 2: Monday morning, Google parent Alphabet making some more AI news. 7 00:00:27,280 --> 00:00:28,560 Speaker 3: Critty, good morning. 8 00:00:28,600 --> 00:00:31,520 Speaker 1: Good morning, Nathan. It is and this one was really fascinating. 9 00:00:31,520 --> 00:00:33,640 Speaker 1: When we take about AI, we tend to look in 10 00:00:33,920 --> 00:00:37,560 Speaker 1: several other directions, but looks like Alphabet's offering of Gemini 11 00:00:38,200 --> 00:00:40,920 Speaker 1: really blew everyone away over the weekend. You just heard 12 00:00:41,120 --> 00:00:43,440 Speaker 1: a series of folks talk about it throughout programming. 13 00:00:43,760 --> 00:00:46,280 Speaker 3: This is really crucial. This is a third version this. 14 00:00:46,240 --> 00:00:49,280 Speaker 1: Week, and apparently according to some industry benchmarks, and I'm 15 00:00:49,280 --> 00:00:54,000 Speaker 1: no expert here, they're Google's Gemini large language model surpassed 16 00:00:54,120 --> 00:00:57,480 Speaker 1: the quality tests or the vibe checks according to senior 17 00:00:57,520 --> 00:01:00,720 Speaker 1: director of product management to the likes of Chatchi. So 18 00:01:00,880 --> 00:01:03,440 Speaker 1: really just a massive boost for that product, and it's 19 00:01:03,480 --> 00:01:06,720 Speaker 1: something that's being reflected in the stock this morning. Goog 20 00:01:06,920 --> 00:01:08,640 Speaker 1: is your ticker for the Class C shares. Was the 21 00:01:08,680 --> 00:01:10,560 Speaker 1: ones that We like to look at Hire by about 22 00:01:10,560 --> 00:01:13,160 Speaker 1: three percent, trading at three hundred and eight dollars a share. 23 00:01:13,600 --> 00:01:17,039 Speaker 1: Similar for the Class A shares as well. Googl for 24 00:01:17,440 --> 00:01:19,600 Speaker 1: that as well. You're seeing a lot of the tech 25 00:01:19,640 --> 00:01:21,360 Speaker 1: gains across the board, though, and I think that one's 26 00:01:21,400 --> 00:01:23,680 Speaker 1: really significant. There's a series of other stocks you want 27 00:01:23,720 --> 00:01:25,759 Speaker 1: to keep an eye on that are kind of weighing 28 00:01:25,959 --> 00:01:28,920 Speaker 1: on the market this morning. I'll start with the loser 29 00:01:28,959 --> 00:01:32,280 Speaker 1: of the morning. I have to say eli Lilly shares 30 00:01:32,280 --> 00:01:34,959 Speaker 1: taking a hit down about one point six percent. Llly 31 00:01:35,680 --> 00:01:38,320 Speaker 1: is your ticker. Shares are trading at one thousand and 32 00:01:38,520 --> 00:01:41,520 Speaker 1: forty two. It's quite the figure there. But this is 33 00:01:41,560 --> 00:01:44,000 Speaker 1: coming after you're seeing some of the shares under pressure 34 00:01:44,000 --> 00:01:48,120 Speaker 1: because Novo Nordis, it's prime global competitor, released from Alzheimer's 35 00:01:48,120 --> 00:01:51,120 Speaker 1: trial data that actually did pretty well, so you are 36 00:01:51,160 --> 00:01:52,320 Speaker 1: seeing Elily. 37 00:01:52,000 --> 00:01:54,160 Speaker 3: Respond to that. It also just got a price target 38 00:01:54,200 --> 00:01:55,040 Speaker 3: upgrade from Burnsteam. 39 00:01:55,080 --> 00:01:57,920 Speaker 1: So I wonder if some of these losses reverts itself 40 00:01:58,040 --> 00:02:00,080 Speaker 1: later in the session, something to keep an eye on 41 00:02:00,240 --> 00:02:02,639 Speaker 1: for sure. I must stick with the healthcare space, though, Nathan, 42 00:02:02,720 --> 00:02:05,680 Speaker 1: if I can and talk about the insurers. That's where 43 00:02:05,680 --> 00:02:07,840 Speaker 1: we're seeing quite a little bit of action. There is 44 00:02:07,920 --> 00:02:10,960 Speaker 1: some reports and suggestions that we are going to get 45 00:02:11,600 --> 00:02:14,639 Speaker 1: a change of tone from Donald Trump in terms of 46 00:02:14,760 --> 00:02:17,520 Speaker 1: what healthcare policy in the United States might actually look like. 47 00:02:17,880 --> 00:02:20,280 Speaker 1: And this is going to be significant. We're going to 48 00:02:20,320 --> 00:02:24,359 Speaker 1: see the idea of potentially an extension of Obamacare sub 49 00:02:24,360 --> 00:02:25,760 Speaker 1: disease by about. 50 00:02:25,560 --> 00:02:27,600 Speaker 3: Two years at least. This is according to reporting. 51 00:02:27,639 --> 00:02:30,920 Speaker 1: This is not confirmed just yet, but it's enough to 52 00:02:30,960 --> 00:02:33,440 Speaker 1: increase some of the moves in the likes of United Health, 53 00:02:33,480 --> 00:02:37,280 Speaker 1: for example, Signa Humana. All the healthcare names are actually 54 00:02:37,440 --> 00:02:40,000 Speaker 1: rallying this morning. What's not rallying, though, and Nathan, I'll 55 00:02:40,000 --> 00:02:42,320 Speaker 1: wrap it up here is defense stocks, and that's where 56 00:02:42,320 --> 00:02:43,960 Speaker 1: you're starting to see some of the pain points. I'm 57 00:02:44,000 --> 00:02:47,079 Speaker 1: looking at LMT Lockeed Martin, one of our favorites, down 58 00:02:47,080 --> 00:02:50,519 Speaker 1: about four tenths of one percent. RTX, which used to 59 00:02:50,560 --> 00:02:53,040 Speaker 1: be called Rate Theion Technologies down about seven tenths of 60 00:02:53,040 --> 00:02:54,959 Speaker 1: one percent, training one hundred and sixty eight dollars to share. 61 00:02:55,000 --> 00:02:57,480 Speaker 1: The pain was worse in the defense stock story here 62 00:02:57,520 --> 00:03:00,280 Speaker 1: in Europe, and that's starting to bleed into the United 63 00:03:00,320 --> 00:03:02,000 Speaker 1: States as well. And I just want to issue a 64 00:03:02,080 --> 00:03:04,799 Speaker 1: quick correction when I said Eli Lilly ly done about 65 00:03:04,800 --> 00:03:07,720 Speaker 1: one point six percent. I had previously said that it 66 00:03:07,800 --> 00:03:11,040 Speaker 1: had responded to some Alzheimer's trial data. I alost like 67 00:03:11,080 --> 00:03:13,400 Speaker 1: Noble Shares also took a bit of a hit failing 68 00:03:13,440 --> 00:03:16,799 Speaker 1: their long shot Alzheimer's effort. The trial data itself for 69 00:03:16,919 --> 00:03:19,679 Speaker 1: the revamp actually did better. Just want to clarify that. Nevertheless, 70 00:03:19,680 --> 00:03:21,560 Speaker 1: Eli Lily is still your worst performer. 71 00:03:21,880 --> 00:03:24,720 Speaker 3: This morning, Lly is your ticker This morning. 72 00:03:24,520 --> 00:03:29,359 Speaker 2: Away this stock mover's report from Bloomberg Radio. Check back 73 00:03:29,400 --> 00:03:31,640 Speaker 2: with us throughout the day for the latest roundup of 74 00:03:31,680 --> 00:03:34,960 Speaker 2: companies making news on Wall Street and for the latest 75 00:03:35,000 --> 00:03:39,200 Speaker 2: market moving headlines. Listen to Bloomberg Radio Live, catch us 76 00:03:39,240 --> 00:03:43,000 Speaker 2: on YouTube, Bloomberg dot com, and on Applecarplay and Android 77 00:03:43,000 --> 00:03:44,960 Speaker 2: Auto with the Bloomberg Business app.