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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 3: Let's take a look at some of the stocks on

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Speaker 3: the move today. Again, we've got to sell off here

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Speaker 3: in the marketplace. I'm Paul Sweny alongside Scarlet Fuoh, We're

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Speaker 3: joined by Bloomberg Christine.

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Speaker 4: Christine, what are you looking at that?

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Speaker 1: Well, Paul, we got to take a look at video,

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Speaker 1: of course, because it's not moving a lot today. Actually,

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Speaker 1: so ticker NVDA, those shares just down one tenth of

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Speaker 1: one percent, But because it is such a massive stock,

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Speaker 1: is one of the top contributors still in terms of

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Speaker 1: what's dragging the S and P five hundred down, which

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Speaker 1: remains in the green. It's been flip flopping a lot

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Speaker 1: this morning. A lot of kind of questions around what

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Speaker 1: the earnings picture is going to look like next week.

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Speaker 1: As you mentioned, it is reporting on Wednesday, and so

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Speaker 1: we have found you know that in video, earnings have

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Speaker 1: tended to be a catalyst for traders to sell, particularly

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Speaker 1: in that period three to five days after the results, right,

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Speaker 1: and so this time around Bloomer Intelligence, expecting in video

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Speaker 1: to once again beat estimates both for fiscal third quarter

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Speaker 1: and their fourth quarter guidance. And they're looking specifically at

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Speaker 1: demand for their GB three hundred chip and more focus

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Speaker 1: on their hyperscular capital spending. We know that that was

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Speaker 1: twenty seven billion dollars higher in the second half and

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Speaker 1: also ninety billion for twenty twenty six.

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Speaker 4: So we're going to be focusing on those figures.

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Speaker 1: Next week, and that's Wednesday, after the closing bell exactly.

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Speaker 4: Okay, what's next on your list?

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Speaker 1: We are to take a look at M and A

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Speaker 1: Friday with Merk here. So this deal, so those shares

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Speaker 1: now in the green, so ticker MRK shares are now

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Speaker 1: in the greed as I.

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Speaker 4: Mentioned, just like slightly one to one percent.

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Speaker 1: It was down earlier as investors trying to pars what

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Speaker 1: this means for MERK specifically, we know that they have

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Speaker 1: agreed to acquire Sidar Therapeutics nine point two billion dollars.

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Speaker 1: They're going to be paying two hundred and twenty one

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Speaker 1: fifty per share in that offer, which is more than

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Speaker 1: twice a Thursday closing price. And I think the focus

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Speaker 1: here is the fact that Merk is trying to position

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Speaker 1: for flu treatment specifically because they did suffer that loss

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Speaker 1: of their patent in the cancer space, but maybe something

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Speaker 1: that they can make up for in the flu treatment space,

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Speaker 1: and our blooming intelligence analysts also pointing out that listen,

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Speaker 1: this is like a first in class product in the

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Speaker 1: space in terms of flu solutions, and also perhaps reflecting that,

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Speaker 1: you know, there's still a little bit of malaise over

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Speaker 1: vaccines in the US, so maybe something that Merk can

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Speaker 1: capitalize on.

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Speaker 3: All right, ma, go on the terminal to see who's

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Speaker 3: getting paid here, the investment banker for Merk via Base Securities,

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Speaker 3: and the investment bankers for Sidera Therapeutics ever Court in

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Speaker 3: Goldman Sachs. So people getting paid there.

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Speaker 4: What's next. Let's take a look at Walmart.

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Speaker 1: Big news there, so those shares ticker WMT and shares

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Speaker 1: are down one point six percent at the moment. The

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Speaker 1: big news, of course, is that CEO Doug mcmilli will

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Speaker 1: retire in February and he's going to be replaced by

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Speaker 1: John Ferner, which is, you know, as expected. Ferner has

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Speaker 1: long been viewed as McMillan's heir apparent, and you know

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Speaker 1: he's going to be the expectation is that he's going

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Speaker 1: to be a continuity sort of a successor, right, Like,

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Speaker 1: there's not really a lot of change expected here, and

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Speaker 1: you know, I think the focus is still whether they're

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Speaker 1: going to be able to maintain those market share games

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Speaker 1: that they've enjoyed recently, in the consistency in their performance,

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Speaker 1: And question really for Ferner is that is he going

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Speaker 1: to be able to extend the technology first sort of

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Speaker 1: focus that his successor pioneered. Right So McMillan went from

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Speaker 1: what he was an hourly worker at Walmart and then

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Speaker 1: he was credited for their digital transformation. So whether Ferner

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Speaker 1: is going to be able to continue that or evolve

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Speaker 1: that beyond what his successor has done is going to

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Speaker 1: be a question.

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Speaker 2: This stock Mover's report from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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Speaker 2: making news on Wall Street and for the latest market

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