WEBVTT -  Weekly Round up: Dell, Replimune, Snowflake Surged

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio News.

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<v Speaker 2>The Stock Movers Report, your roundup of companies making moves

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<v Speaker 2>in the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 1>Let's say a look at some stocks on the move

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<v Speaker 1>this week. I'm Tim Stanovek with Christina Raffini. We're joined

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<v Speaker 1>by Bloomberg News equity supporter Avalon Pronell. Hey have a

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<v Speaker 1>on Happy Friday. Happy Friday.

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<v Speaker 3>I mean, it's a lot of green on the screen,

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<v Speaker 3>so definitely plenty to be happy about. We can start

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<v Speaker 3>off with Dell.

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<v Speaker 1>Let's talk about delay.

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<v Speaker 4>I've been talking about Dell today.

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<v Speaker 3>That's ticker Dell currently jumping forty three percent to end

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<v Speaker 3>the week at a record high, also for its biggest

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<v Speaker 3>weekly leap on record, and that's after detech companies AI

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<v Speaker 3>server sales. Basically, we're stronger than expected across the board

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<v Speaker 3>for the first quarter. It also boosted its full year

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<v Speaker 3>revenue and adjusted earnings per share outlook. And I mean

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<v Speaker 3>we didn't even mention computers, but those and also traditional

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<v Speaker 3>servers did fantastics, So definitely a lot to cheer about there.

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<v Speaker 1>We're talking earlier.

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<v Speaker 4>Do you know this meme where they're like, if you

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<v Speaker 4>if you onboard a company and they give you like

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<v Speaker 4>an old Dusty Dell, you're like good to go. If

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<v Speaker 4>they give you like an awesome chrome Mac book, like

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<v Speaker 4>you should be concerned.

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<v Speaker 1>Yes, yes, I just typed in Enrich, go on the

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<v Speaker 1>Bloomberg terminal. Okay, it's the Bloomberg Billionaires Index updates every day.

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<v Speaker 1>Thanks seeing what happened to Michael Dell's net worth today?

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<v Speaker 1>He's jumped to sixth, the sixth place on the Bloomberg

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<v Speaker 1>Billionaires Index. He's above Mark Zuckerberg now, who's at two

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<v Speaker 1>hundred and twenty four billion dollars to just today with

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<v Speaker 1>today and I know we're talking about this week avalon,

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<v Speaker 1>but today his networth went up by thirty two point

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<v Speaker 1>nine billion dollars. Year to date, it's up more than

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<v Speaker 1>eighty nine billion dollars. That's incredible, it's incredible. He's two

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<v Speaker 1>places ahead of Jensen.

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<v Speaker 4>Wow.

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<v Speaker 1>Really Yeah, Jensen's number eight with one hundred and seventy

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<v Speaker 1>five billion dollar net worth.

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<v Speaker 4>Dell who knew, Yeah exactly.

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<v Speaker 1>Okay, let's talk a little pharma healthcare.

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<v Speaker 3>Absolutely so we have Repleamond that's ticker r ep L.

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<v Speaker 3>It jumps seventy six percent this week to also have

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<v Speaker 3>one of its best weeks on record. However, I'd actually

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<v Speaker 3>point you to the month. It ended up more than

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<v Speaker 3>two hundred and thirty eight percent and its best month

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<v Speaker 3>on record, and that's after a whole lot of good

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<v Speaker 3>news for biotechs across the board. The biotech said it

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<v Speaker 3>plans to resubmit its skin cancer drug for FDA approval,

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<v Speaker 3>not for the first or the second time, but now

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<v Speaker 3>the third time. It's seeking approval for the cancer drug

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<v Speaker 3>after a lot of upheaval, to say the least, at

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<v Speaker 3>the agency. Investors are seeing this as a really strong

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<v Speaker 3>bullish signal that maybe the shakeup that happened earlier this

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<v Speaker 3>month where we saw the FDA Commissioner commissioner exit, is

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<v Speaker 3>actually going to be good news for biotech across the board.

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<v Speaker 1>It's amazing up eighty five percent today, but it's still

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<v Speaker 1>down this year by more than ten percent. Exactly.

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<v Speaker 3>It really needs to get an approval in order to

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<v Speaker 3>bring back some of that positive sentiment.

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<v Speaker 4>I'm reading that it looks like the agency had some

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<v Speaker 4>issues with following their guidance for clinical trials, which are

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<v Speaker 4>really important for approvals. But as you said, new Agency,

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<v Speaker 4>New Day new applications.

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<v Speaker 1>Absolutely, all right, what else you got for us?

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<v Speaker 3>And we can the day with moretech Snowflake, that's ticker

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<v Speaker 3>son I love their ticker. It serged forty eight percent

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<v Speaker 3>this week to cap off it's best week on record,

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<v Speaker 3>and that's after the software maker gave a strongerdan expected

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<v Speaker 3>for year guidance and also reported first quarter results earlier

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<v Speaker 3>this week that beat expectations. Also worth noting that they

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<v Speaker 3>signed a six billion dollar multi year agreement with Amazon's

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<v Speaker 3>Cloud to use their services and chips and Evercore, writing

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<v Speaker 3>that despite all of the upheaval that we've been seeing

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<v Speaker 3>across the AI space, especially how are they going to

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<v Speaker 3>be handling software companies specifically, it seems like Snowflake maybe

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<v Speaker 3>the one clear winner in the software space.

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<v Speaker 2>The Stock Movers report from Bloomberg Radio. Check back with

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<v Speaker 2>us throughout the day for the latest roundup of companies

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