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. Let's take a look
Speaker 1: at some of the stocks on the move today. We
Speaker 1: can do that with Judy la Group from a Bloomberg News.
Speaker 2: Judy, you look at today, Good morning, I am looking
Speaker 2: at war stocks. I'm going to break. There was a
Speaker 2: little bit here this morning it was reported that Intel
Speaker 2: is in an agreement with Google. Google has offered to
Speaker 2: buy three million specialized AI chips from Intel for twenty
Speaker 2: twenty eight. And so Intel stock is absolutely responding to
Speaker 2: this news. It's up twelve percent on the day, its
Speaker 2: largest increase in about a month. And Intel has really
Speaker 2: been on a tear year to date. It has gone
Speaker 2: up about it's doubled quite frankly, So a really again
Speaker 2: interesting space to watch. What has not been said about
Speaker 2: AI of course, so that news is continuing to affect markets,
Speaker 2: which I think is incredibly interesting to see.
Speaker 1: All right, good stuff, Thank you for that. What's next
Speaker 1: on your list, Judy.
Speaker 2: Sure Scarlett Tango Therapeutics so Tago Therapeutics recently announced the
Speaker 2: successful clinical trial for pancreatic cancer. The stock is up
Speaker 2: on the day forty eight percent, and you're to date.
Speaker 2: As of Friday's closed, the stock itself had more than doubled.
Speaker 2: But today the stock is up close to an all
Speaker 2: time high price. It's on track rather for an all
Speaker 2: time high price. And the zoo Ho analysts were really
Speaker 2: quite excited about this crolinicultural. They called it quote a
Speaker 2: clear signal of synergy, and it's the drug itself actually
Speaker 2: is positioned for compelling sort of getting rid of chemo
Speaker 2: for some patients, and so that is definitely a game changer.
Speaker 2: And again is face to watch there.
Speaker 1: Stocks up two hundred percent year to date, up five
Speaker 1: hundred percent on a trilly twelve month basis. It's a binary.
Speaker 2: You go to those biotech sas absolutely binary. One more
Speaker 2: sure strategy. So this is i'll call it, you know,
Speaker 2: this is now four stocks I've got, so i'll call
Speaker 2: it four and a half here. So we're looking at strategy,
Speaker 2: but we're also looking at it in tandem with bitcoin.
Speaker 2: So strategy itself is up five percent on the day,
Speaker 2: and Bitcoin is up four percent, which is its largest
Speaker 2: gain since April. And all of this movement is really
Speaker 2: coming as a result of Strategy last week selling bitcoin
Speaker 2: for the first time since twenty twenty two, and that
Speaker 2: really moved sort of bitcoin buyers and sellers, really sort
Speaker 2: of shaking up the market. And so now Strategy this
Speaker 2: morning has announced that it had purchased one hundred and
Speaker 2: one million dollars in bitcoin according to a filing. So
Speaker 2: as a result of that Bitcoin and Strategy, you're seeing
Speaker 2: both up. So again a lot of moving and shaking
Speaker 2: in crypto today. Definitely space to watch.
Speaker 1: As Wellmover's report from Bloomberg Radio. Check back with us
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