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Speaker 1: Bloomberg Audio Studios, podcasts, radio News.

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Speaker 2: The Stock Movers Report, your roundup of companies making moves

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Speaker 2: in the stock market, harnessing the power of Bloomberg data.

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Speaker 1: Take a look at some of the stocks on the

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Speaker 1: move Today'm Paul Sweeney, a Longtside Scarlafu, and we're joined

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Speaker 1: by Bloomberg Christina Quino. Christine, what are you looking at?

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Speaker 1: Let's take a look at Novo Nordisk, Paul. So that's

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Speaker 1: one of the red stocks on the screen. At the

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Speaker 1: moment it took her Nvo. Those shares are down three

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Speaker 1: point eight percent now, so that's extending some of those

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Speaker 1: opening declines that we've already seen. And this is the

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Speaker 1: ozempek maker. And of course we did get President Donald

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Speaker 1: Trump saying earlier that the price of the drug ozempe

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Speaker 1: could come down to just one hundred and fifty dollars

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Speaker 1: a month. I think at the moment the list price

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Speaker 1: is about a thousand, so it would be literally a

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Speaker 1: fraction of the cost. Uh. And you know, Novillo has

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Speaker 1: already been challenged this year, right like it shares have

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Speaker 1: been down about fifty percent in the last twelve months

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Speaker 1: because it's facing increasing competition in the weight loss market.

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Speaker 1: But we did have Blower Intelligence analysts weighing in saying

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Speaker 1: that okay, in theory, this would be bad news for NOVO,

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Speaker 1: of course, but implementation would be challenging. And we don't

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Speaker 1: even have any details at the moment in terms of

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Speaker 1: how this was going to will go down and what

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Speaker 1: sort of proportion of patients would actually be will have

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Speaker 1: access to those lower prices, and so the knee jerk

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Speaker 1: reaction is a cell today. But watch this space for

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Speaker 1: a bit of a call back there. Potentially the knee

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Speaker 1: jerk reaction to State Street's latest results is also to

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Speaker 1: sell it, absolutely scarl it. So State Street tick her STT.

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Speaker 1: Those shares also down this morning, extending the clients as well,

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Speaker 1: down more than five point eight percent. Right now, we

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Speaker 1: did get their results. Third quarter adjusted EPs beat estimates.

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Speaker 1: That's the good thing. Fees are also up, but everyone

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Speaker 1: is focusing on their net interest income, which is below expectations.

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Speaker 1: I think the word in the street is that, Okay,

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Speaker 1: fees are up, that's great, but that's more reflective of

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Speaker 1: the broader market environment, right it's not necessarily reflective of

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Speaker 1: State Streets very specific strengths and in terms of its

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Speaker 1: net interest income coming in below expectation. That's actually a

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Speaker 1: very specific UH weakness because Turist analyst David Smith was

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Speaker 1: pointing out that investors will definitely be asking why they've

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Speaker 1: kept their NI guide is lower when other trust banks

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Speaker 1: have actually raised it. So that's something that is causing

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Speaker 1: a bit of concern in terms of the net interest

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Speaker 1: income outlook in something that's probably weighing on the shares today.

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Speaker 1: Zion Zion, What is a Zion the science the bank

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Speaker 1: that we've all been talking about UH for the last

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Speaker 1: twenty four hours anyway, And so right yesterday, big big

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Speaker 1: decline thirteen percent, calwing those losses back today, so Zion

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Speaker 1: chicker zio and shares are up now more than five percent,

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Speaker 1: and yeah, they're they're rebounding because you know, after the

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Speaker 1: aftermath of the great sell off yesterday, I think the

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Speaker 1: word industry is that it is at the moment, it's

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Speaker 1: looking like it's an asyncratic risk. And potentially what we

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Speaker 1: saw yesterday was the price action self first ask questions.

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Speaker 1: Later bloger intelligence weigh in Herma Chan wrote that you know,

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Speaker 1: this looks like it is very specific to those charge

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Speaker 1: offs related to two specific commercial loans and otherwise, credit

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Speaker 1: quality has actually been well managed. We did see, you know,

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Speaker 1: prior to the news that you know, Zions was looking

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Speaker 1: like it has a good base when it comes to

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Speaker 1: small business clients and as Herman mentioned as a quality

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Speaker 1: has been solid. Loan losses have been below piers and

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Speaker 1: so yeah, Niederk reaction yesterday already cloning that.

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Speaker 2: Back today the Stock Mover's Report from Bloomberg Radio. Check

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Speaker 2: back with us throughout the day for the latest roundup

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Speaker 2: of companies making news on Wall Street and for the

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Speaker 2: latest market moving headlines. Listen to Bloomberg Radio Live, catch

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Speaker 1: M