1 00:00:02,520 --> 00:00:07,000 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 00:00:16,480 --> 00:00:19,040 Speaker 3: I'm Tim Staneveek along with Carol Master. Let's take a 5 00:00:19,040 --> 00:00:20,640 Speaker 3: look at the stocks on the move this week. We're 6 00:00:20,680 --> 00:00:24,400 Speaker 3: joined by Bloomberg News Acuties reporter Avalon pronow save us please, 7 00:00:25,480 --> 00:00:26,720 Speaker 3: just like these two are crazy. 8 00:00:26,800 --> 00:00:28,640 Speaker 1: It's hard to talk about stocks of the week witholex 9 00:00:28,680 --> 00:00:30,880 Speaker 1: starting with Nvidia ticker and VDA. 10 00:00:31,080 --> 00:00:34,400 Speaker 4: I almost forgot that this was a big week for Nvidia, 11 00:00:34,440 --> 00:00:36,240 Speaker 4: Like it's just been so crazy, but go ahead. 12 00:00:36,280 --> 00:00:39,200 Speaker 1: I mean, there's definitely plenty going on, and they're quite 13 00:00:39,200 --> 00:00:42,360 Speaker 1: responsible in terms of why the broader market today was 14 00:00:42,440 --> 00:00:45,560 Speaker 1: slightly down since Nvidia closed down this week six point 15 00:00:45,600 --> 00:00:46,240 Speaker 1: seven percent. 16 00:00:46,560 --> 00:00:48,400 Speaker 5: That's the stock's biggest weekly drop. 17 00:00:48,200 --> 00:00:51,040 Speaker 1: Since November, which, if you remember, is also when they 18 00:00:51,040 --> 00:00:53,840 Speaker 1: gave their third quarter earnings. And it's a fairly similar 19 00:00:53,880 --> 00:00:56,840 Speaker 1: story of despite a bet and rays, investors still have 20 00:00:56,880 --> 00:00:59,520 Speaker 1: a ton of question marks about how much longer can 21 00:00:59,560 --> 00:00:59,880 Speaker 1: this go? 22 00:01:00,440 --> 00:01:03,120 Speaker 4: I know, and everybody was like, I feel like everybody 23 00:01:03,120 --> 00:01:06,600 Speaker 4: who came on was like, what an incredible quarter, right. 24 00:01:06,920 --> 00:01:09,280 Speaker 3: Robert sh from a Bloomber intelligence team. He's like, this 25 00:01:09,319 --> 00:01:11,920 Speaker 3: is a record setting beaten rais Yeah. 26 00:01:11,680 --> 00:01:15,080 Speaker 4: Like for any company, Yeah, in terms of an earnings report. 27 00:01:15,160 --> 00:01:17,280 Speaker 4: So and he follows the credit so he looks at 28 00:01:17,319 --> 00:01:19,320 Speaker 4: the debt market, but he's been looking at this AI spin. 29 00:01:20,280 --> 00:01:20,920 Speaker 5: That's a good one. 30 00:01:21,000 --> 00:01:21,600 Speaker 4: Netflix. 31 00:01:22,040 --> 00:01:24,200 Speaker 5: Yes, Netflix ticker and FLX. 32 00:01:24,560 --> 00:01:26,840 Speaker 1: That stock closed up twenty two percent this week for 33 00:01:26,959 --> 00:01:29,600 Speaker 1: its best week since twenty twenty two. And it's kind 34 00:01:29,600 --> 00:01:31,720 Speaker 1: of a funny reason for it, considering they declined to 35 00:01:31,760 --> 00:01:35,280 Speaker 1: even consider the four day period to beat Paramount skuy 36 00:01:35,400 --> 00:01:38,040 Speaker 1: dances offered for Warner Brothers. They decided to bow out, 37 00:01:38,160 --> 00:01:40,320 Speaker 1: and Bernstein actually said that they see it as a 38 00:01:40,360 --> 00:01:44,040 Speaker 1: win win win outcome for all three. They mentioned how 39 00:01:44,920 --> 00:01:48,600 Speaker 1: potentially this is actually a really great opportunity for Netflix 40 00:01:48,600 --> 00:01:51,680 Speaker 1: to look elsewhere to fix their engagement issues, and Benchmark 41 00:01:51,880 --> 00:01:54,320 Speaker 1: agreed as well. They said that Netflix was willing to 42 00:01:54,360 --> 00:01:57,160 Speaker 1: spend and potentially they're gonna be able to spend elsewhere. 43 00:01:57,720 --> 00:02:01,520 Speaker 4: So we'll seek and you walk away with a two 44 00:02:01,560 --> 00:02:04,080 Speaker 4: point eight billion dollar breakup feet. Thank you very much. 45 00:02:04,560 --> 00:02:07,440 Speaker 3: Nice to have a breakup fee. In life. 46 00:02:08,480 --> 00:02:11,120 Speaker 5: Well, previou things aren't working out. 47 00:02:11,440 --> 00:02:14,520 Speaker 3: Things aren't working out for christ Woman two point eight 48 00:02:14,520 --> 00:02:15,280 Speaker 3: billion dollars. 49 00:02:16,480 --> 00:02:17,239 Speaker 5: It can happen. 50 00:02:17,400 --> 00:02:20,120 Speaker 3: Look at I just love looking at the investor reaction 51 00:02:20,240 --> 00:02:22,680 Speaker 3: to this, because, yeah, the stock has been under pressure 52 00:02:22,680 --> 00:02:24,560 Speaker 3: since Netflix said we're going to go for this. I 53 00:02:24,600 --> 00:02:27,400 Speaker 3: know in the fall, investors didn't want to see him 54 00:02:27,400 --> 00:02:29,440 Speaker 3: spend this money. Investors are happy they didn't do it. 55 00:02:29,480 --> 00:02:31,920 Speaker 3: And now Netflix has two point eight billion dollars more 56 00:02:32,000 --> 00:02:33,320 Speaker 3: thanks to Paramount Skuy and. 57 00:02:33,240 --> 00:02:37,880 Speaker 4: Paramount Skuy and Netflix both rallying in the Friday trade, 58 00:02:37,880 --> 00:02:41,399 Speaker 4: but Netflix really way out performance. Let's go on over 59 00:02:41,440 --> 00:02:42,639 Speaker 4: to Novo Nordisk. 60 00:02:43,000 --> 00:02:45,839 Speaker 1: Yeah, it's been another rough week, rough year, one could 61 00:02:45,880 --> 00:02:48,920 Speaker 1: say for Novo Nordisk. It's eight rs closed down twenty 62 00:02:48,960 --> 00:02:51,320 Speaker 1: one percent this year or this year, not this year, 63 00:02:51,400 --> 00:02:55,400 Speaker 1: this week, and that's actually its steepest weekly slump sixth August, 64 00:02:55,440 --> 00:02:59,000 Speaker 1: which I actually think more importantly, it's actually erased all 65 00:02:59,120 --> 00:03:03,160 Speaker 1: of its gains the last Wigo V fueled jump and 66 00:03:03,280 --> 00:03:06,239 Speaker 1: so to say the lease earlier this week, it's a 67 00:03:06,320 --> 00:03:06,839 Speaker 1: rock chart. 68 00:03:06,919 --> 00:03:08,399 Speaker 5: This week, it's a pretty rough chart. 69 00:03:08,480 --> 00:03:10,560 Speaker 1: Earlier this week, Novo said that it planned to slash 70 00:03:10,600 --> 00:03:14,080 Speaker 1: the US prizes for it's obesity drugs and that reignited 71 00:03:14,120 --> 00:03:18,519 Speaker 1: fears about this race to the bottom. And yeah, investors 72 00:03:19,040 --> 00:03:21,720 Speaker 1: aren't really happy to say the lease. They've fallen quite 73 00:03:21,760 --> 00:03:24,800 Speaker 1: a bit from their peak in twenty twenty four. And 74 00:03:24,880 --> 00:03:27,360 Speaker 1: I kind of liked what one analyst mentioned that Nova 75 00:03:27,440 --> 00:03:30,440 Speaker 1: is now at this point reliant on its pills and 76 00:03:30,600 --> 00:03:33,079 Speaker 1: Eli Lilly is potentially going to have their pills later 77 00:03:33,200 --> 00:03:33,680 Speaker 1: this spring. 78 00:03:34,040 --> 00:03:36,600 Speaker 4: So as our Madison Muller, who's been covering this JLP 79 00:03:36,840 --> 00:03:39,120 Speaker 4: one space from the get go a few years ago, 80 00:03:39,240 --> 00:03:41,960 Speaker 4: just said, you know, it's hard. Novo kind of created 81 00:03:41,960 --> 00:03:44,600 Speaker 4: this space right was out of the gate. It was 82 00:03:44,640 --> 00:03:47,720 Speaker 4: incredible for them, but then to see them struggle kind. 83 00:03:47,600 --> 00:03:50,000 Speaker 5: Of it's just been it's been a. 84 00:03:49,960 --> 00:03:51,720 Speaker 4: Very different story around them. 85 00:03:51,880 --> 00:03:52,800 Speaker 5: Big story this week. 86 00:03:55,000 --> 00:03:57,080 Speaker 4: Tim will not be sleeping this week. You won't be 87 00:03:57,080 --> 00:03:59,040 Speaker 4: sleeping for the rest of his life because of this one. 88 00:03:59,200 --> 00:04:02,760 Speaker 1: Oh yeah, saved block for last. That's ticker XYZ, which 89 00:04:02,760 --> 00:04:05,520 Speaker 1: is kind of a fun ticker. It's surged up twenty 90 00:04:05,600 --> 00:04:08,200 Speaker 1: percent this week. That's its best week since twenty twenty 91 00:04:08,200 --> 00:04:11,200 Speaker 1: four after the fintech said yesterday that it plans to 92 00:04:11,240 --> 00:04:13,040 Speaker 1: reduce its workforce by nearly half. 93 00:04:13,040 --> 00:04:14,160 Speaker 5: In another big bet on. 94 00:04:14,240 --> 00:04:17,880 Speaker 1: AI and I think it's kind of interesting that it 95 00:04:17,920 --> 00:04:18,600 Speaker 1: did report a. 96 00:04:18,560 --> 00:04:19,839 Speaker 5: Fairly strong fourth quarter. 97 00:04:20,400 --> 00:04:23,400 Speaker 1: However, I mean, everybody's focused on this question about what's 98 00:04:23,440 --> 00:04:25,080 Speaker 1: going to happen next, What does this mean for other 99 00:04:25,120 --> 00:04:26,840 Speaker 1: tech companies. He've been kind of alluded to it in 100 00:04:26,880 --> 00:04:29,680 Speaker 1: the shareholder letter of he doesn't expect to be the 101 00:04:29,680 --> 00:04:30,599 Speaker 1: only company doing this. 102 00:04:30,839 --> 00:04:31,960 Speaker 5: So who's next? 103 00:04:33,720 --> 00:04:37,760 Speaker 2: This stock mover's report from Bloomberg Radio. Check back with 104 00:04:37,839 --> 00:04:40,400 Speaker 2: us throughout the day for the latest roundup of companies 105 00:04:40,480 --> 00:04:43,560 Speaker 2: making news on Wall Street and for the latest market 106 00:04:43,600 --> 00:04:48,039 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 107 00:04:48,160 --> 00:04:51,640 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 108 00:04:51,720 --> 00:04:53,240 Speaker 2: the Bloomberg Business app.