Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg Data.
Speaker 3: Let's take a look now at some of the stocks
Speaker 3: on the move today here in Europe. I'm Caroline Hipka
Speaker 3: and I'm joined by Bloomberg reporter Claimed Malay. It's Friday,
Speaker 3: so but really packed in terms of the individual stocks
Speaker 3: that are moving. SML facing one of its biggest challenges
Speaker 3: yet again. It's the Trump administration, and it's related to
Speaker 3: export restrictions to its very pivotal machines.
Speaker 1: Yeah. Absolutely so, really really interesting story for ASML. So
Speaker 1: one of its cutting edge machines, as apparently, according to
Speaker 1: the US, potentially made its way into China, which would
Speaker 1: be a violation of the US export restrictions on chip
Speaker 1: making equipment. And so the Common Secretary Harvard Lutnik is
Speaker 1: said to have expressed this concern to ASML that this
Speaker 1: might have happened. But ASML is actually pushing back on this,
Speaker 1: saying that none of the machines are in China, and
Speaker 1: you know we're not talking about just any machine. Those
Speaker 1: are the extreme ultraviolet lithography tools. So those are the
Speaker 1: ones that are made only by ASML. They're used in
Speaker 1: very advanced chip making, and they're not exactly something that
Speaker 1: you can kind of like slip in your pocket, you know,
Speaker 1: they're the size of a school bus. They're made in
Speaker 1: very limited quantities that require constant attention, constant upkeep from
Speaker 1: ASML employees. So SML is saying that those machines have
Speaker 1: not made their way into China. Now it's a bit
Speaker 1: of a kind of ASML said, US said situation, and
Speaker 1: it's really unclear yet what exactly the Trump administration wants
Speaker 1: from ASML to kind of reassure it that this hasn't happened.
Speaker 1: And this may also strain this quite difficult relationship between
Speaker 1: the EU and the US even further. So it's a
Speaker 1: very interesting story with implications for both the company itself
Speaker 1: and then the broader kind of geopolitical tensions between those
Speaker 1: two between between the US and the EU.
Speaker 3: Yeah, these machines they print basically the circuit onto the silicon,
Speaker 3: and that's why they are so massively important and why
Speaker 3: the Chump administration has been so focused on them. So
Speaker 3: I think that's a very interesting story. Nova Nordisk Meanwhile,
Speaker 3: Anlystat Nordea raising the drugmaker to a buy Why.
Speaker 1: Yeah, so they have this this birating from Naudia. So
Speaker 1: that's boosting the stock and really seen as quite encouraging
Speaker 1: for Nova. And then at the same time we have
Speaker 1: the Nova Nordisk Foundation, which owns a controlling stake in
Speaker 1: an Ova Nordisk. It's the kind of philanthropy side of
Speaker 1: the business. Also said that it's launching a network of
Speaker 1: research incubators across Europe. And so the goal is to
Speaker 1: turn academic research around obesity and diabetes into commercial products.
Speaker 1: And so the first location is going to be in London,
Speaker 1: and then we're going to get sites in Italy and
Speaker 1: in Germany later down down the line this year. And
Speaker 1: the CEO of the Nova Nordics Foundation said that, you know,
Speaker 1: very often in Europe academics make very very promising discoveries,
Speaker 1: but then there's not that much of a structure in
Speaker 1: place to turn those into business opportunities. And he said that,
Speaker 1: you know, researchers in China and the US are much
Speaker 1: more primed to identify that commercial potential early on. So
Speaker 1: that's why that's what this new network is going to
Speaker 1: try and achieve and making Europe a much more forward
Speaker 1: looking competitive player in that space. So Novo is reacting
Speaker 1: to that positively this morning.
Speaker 3: Yeah, okay, I think it's really fast. Fascinating that according
Speaker 3: to some estimates there there are millions and millions of
Speaker 3: people on these GLP ones across Europe and the UK,
Speaker 3: something like at least two percent of adults currently on them,
Speaker 3: millions of people world. Vestas lastly, the has the wind
Speaker 3: in it sails this morning. Go on, I'll give you
Speaker 3: a pun.
Speaker 1: It's great for Friday. We need a pun. So yeah,
Speaker 1: it's dop. Morgan placed the company on a positive catalyst
Speaker 1: watch so that there's a really good chance that Vestas
Speaker 1: raises its guidance at its next set of results, which
Speaker 1: is about mid August, and so that several positives are
Speaker 1: yet fully reflected in the share price, including very strong
Speaker 1: momentum in onshore wind turbines and then a really good
Speaker 1: order book in offshore as well, and overall this year
Speaker 1: could be pretty good for some of those wind companies.
Speaker 1: You know, a lot of the backlog that had been
Speaker 1: that was accumulated over the last few years is now
Speaker 1: turning into deliveries and they're benefiting, of course from this
Speaker 1: big boost and electricity demand from data centers of course,
Speaker 1: and then this broader energy transition as well, and so
Speaker 1: that means orders are going to continue into twenty twenty seven,
Speaker 1: and that really guarantees visibility over at least the next
Speaker 1: few years. So positive day for the vestas this morning.
Speaker 2: The stock Movers report from Bloomberg Radio. Check back with
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