Stock Movers

On this episode of Stock Movers:- Novo Nordisk (NVO) shares rallied in trading today following the drugmaker getting US approval to sell a pill version of its blockbuster obesity shot Wegovy. Novo will start selling the pill in the US in early January, the company said in a statement Monday. It is approved to help people lose weight or maintain previous weight loss over the long term. The pill is crucial for Novo’s strategy to take on Eli Lilly, which has said its own oral obesity drug could be approved by March. That would give Novo a head start of just a few months. - ServiceNow (NOW) has reached a deal to buy the cybersecurity startup Armis in a deal valued at $7.75 billion, representing its largest acquisition to date. The Santa Clara, California-based enterprise tech company will pay in cash for San Francisco-based Armis, according to a statement Tuesday that confirmed an earlier Bloomberg News report. ServiceNow, which provides software that helps companies organize and automate their personnel and information technology operations, has become a dominant platform for enterprise workflow. In March, ServiceNow struck an agreement to buy the artificial intelligence firm Moveworks Inc. for $2.85 billion as part of its push into AI tools that can complete tasks without human supervision. Shares of the startup fell during trading on Tuesday.- Sable (SOC) shares rose as much as 30% after the company said that the US Department of Transportation, Pipeline and Hazardous Materials Safety Administration approved the firm’s Las Flores pipeline restart plan.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Novo Nordisk (NVO) won approval to sell a pill version of its blockbuster obesity shot Wegovy in the US, a crucial step in its effort to defend its market share from rival Eli Lilly. The shares soared by as much as 11% in Copenhagen, the biggest intraday gain since August. Novo has fallen by almost half this year amid concern about the Danish drugmaker’s ability to compete in the obesity market it pioneered. Shares continued to rally in New York trading on Tuesday.- Johnson & Johnson (JNJ) was ordered to pay about $1.56 billion to a Maryland woman who blamed the company’s talc-based baby powder for causing her asbestos-linked cancer, the largest such verdict for an individual in 15 years of litigation. The verdict comes as J&J has been pummeled by a recent spate of baby powder verdicts after it failed this year to use bankruptcy court to force a settlement of more than 70,000 lawsuits accusing the company of hiding the product’s cancer risks. Shares of the company fell in trading on Tuesday.- ServiceNow (NOW) has reached a deal to buy the cybersecurity startup Armis in a deal valued at $7.75 billion, representing its largest acquisition to date. Shares in ServiceNow fell about 1.3% in early trading before markets opened in New York. They closed up around 0.9% on Monday, giving the company a market valuation of about $163 billion.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Novo Nordisk (NOVOB) won approval to sell a pill version of its obesity shot Wegovy in the US, to help people lose weight or maintain previous weight loss over the long term. The company will start selling the pill in the US in early January, and it is approved based on the results of the Oasis 4 trial, which found people taking the pill lost about 13.6% of their body weight over 64 weeks.- Johnson & Johnson (JNJ) was ordered to pay about $1.56 billion to a Maryland woman who blamed the company's talc-based baby powder for causing her asbestos-linked cancer.- ServiceNow Inc. has reached a deal to buy the cybersecurity startup Armis in a deal valued at $7.75 billion, representing its largest acquisition to date. Shares have fallen over 4% on the news.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Novo Nordisk (NOVOB) won approval to sell a pill version of its blockbuster obesity shot Wegovy in the US, a crucial step in its effort to defend its market share from rival Eli Lilly (LLY). The shares soared by as much as 11% in Copenhagen, the biggest intraday gain since August. Novo has fallen by almost half this year amid concern about the Danish drugmaker’s ability to compete in the obesity market it pioneered.- Copper hit a fresh all-time high above $12,000 a ton due to severe mine outages and trade dislocations linked to US President Donald Trump’s tariff agenda. Shares of Albemarle climbed as a result. - The US Navy announced plans to build a new class of warship, the FF(X), as part of President Donald Trump's "Golden Fleet" bid to revive US shipbuilding. That caused shares of Huntington Ingalls Industries Inc. to rise.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Shares of Novo Nordisk (NVO) soared in premarket trading after the company won approval to sell a pill version of its blockbuster obesity shot Wegovy in the US, a crucial step in its effort to defend its market share from rival Eli Lilly & Co. Novo will start selling the pill in the US in early January, the company said in a statement Monday. It is approved to help people lose weight or maintain previous weight loss over the long term.- Shares of naval shipmaker Huntington Ingalls (HII) rallied ahead of the US market open after President Trump announced the Navy will build a new “Trump-class” battleship as part of the White House push to modernize a fleet that’s been hobbled by years of cost overruns and delays.- Shares of Copenhagen-listed Orsted (ORSTED DC) declined after the company said it’s considering “all options” including legal action as it weighs how to respond to a US decision to suspend leases for five offshore wind farms, according to a statement late Monday. Orsted said its farms — Revolution Wind and Sunrise Wind — had secured all the required federal and state permits, including consulting “closely and directly” with US authorities to “to evaluate and address potential impacts to national security and defense capabilities.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Shares of Novo Nordisk (NVO) soared in premarket trading after the company won approval to sell a pill version of its blockbuster obesity shot Wegovy in the US, a crucial step in its effort to defend its market share from rival Eli Lilly & Co. Novo will start selling the pill in the US in early January, the company said in a statement Monday. It is approved to help people lose weight or maintain previous weight loss over the long term. - Shares of naval shipmaker Huntington Ingalls (HII) rallied ahead of the US market open after President Trump announced the Navy will build a new “Trump-class” battleship as part of the White House push to modernize a fleet that’s been hobbled by years of cost overruns and delays. - Shares of Warner Bros. Discovery (WBD) edged higher in the early session as Larry Ellison is throwing his personal fortune behind Paramount Skydance Corp.’s bid for WBD, aiming to give his son’s company an advantage in a fiercely contested takeover battle with Netflix Inc.See omnystudio.com/listener for privacy information.

On This episode of Stock Movers: - Novo Nordisk won approval to sell a pill version of its blockbuster obesity shot Wegovy in the US, a crucial step in its effort to defend its market share from rival Eli Lilly. - Ryanair was fined more than €255 million ($300 million) by Italy’s antitrust watchdog for allegedly using an “abusive strategy” to thwart third-party travel agencies. - Cevian Capital raises its total holding in Akzo Nobel NV to 10.15% from ~5%, according to a filing with the Dutch financial authority AFM.See omnystudio.com/listener for privacy information.

On This episode of Stock Movers: - Novo Nordisk won approval to sell a pill version of its blockbuster obesity shot Wegovy in the US, a crucial step in its effort to defend its market share from rival Eli Lilly. - Orsted said it’s considering “all options” including legal action as it weighs how to respond to a US decision to suspend leases for five offshore wind farms, according to a statement late Monday. - Pets at Home Group named James Bailey, the former managing director of upmarket grocer Waitrose, as its new chief executive officer to lead a reboot of the struggling pet care company. See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Warner Bros. Discovery (WBD) shares rallied in trading today after word that Larry Ellison is throwing his personal fortune behind Paramount Skydance Corp.’s bid for it, aiming to give his son’s company an advantage in a fiercely contested takeover battle with Netflix. Paramount has been aggressively pursuing Warner Bros. for months and Ellison was taken by surprise when the board agreed to a deal with Netflix for $82.7 billion for the streaming and studio assets. The strength of the financing for each bid has emerged as a decisive issue in the takeover battle, which unleashed two massive debt-fueled offers that rank among the largest in the past decade. Paramount took its offer of $30 a share, or $108.4 billion including debt, for the entire company directly to shareholders. Warner Bros. shares gained 3.4% in New York afternoon trading, and changed hands during the session for as much as $28.98. Paramount rose as much as 8.1% while Netflix dropped about 1%. - First Solar (FSLR) rose as much as 7.1%, touching the highest intraday since June 2024, after news Alphabet will buy clean-energy developer Intersect Power in one of the company’s biggest deals aimed at boosting its AI-related data-center footprint. The stock was the top S&P 500 gainer with less than 10 minutes to the close. Other solar names with gains in Monday trading included: Canadian Solar up as much as 15%; Array Technologies rises as much as 10%; Nextpower +7.7%.- Clearwater Analysts (CWAN) shares are up 8.5% on Monday, after a group of private equity firms agreed to buy the investment and accounting software company in a deal valuing it at $8.4 billion. Analysts said the deal price was lower than expected.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Warner Bros. Discovery (WBD) shares rose on news that Larry Ellison is throwing his personal fortune behind Paramount Skydance’s bid for it, aiming to give his son’s company an advantage in a fiercely contested takeover battle with Netflix. Both suitors moved on Monday to strengthen the financial backing for their offers, though they stopped short of increasing their bids. Netflix refinanced a portion of its planned $59 billion of debt as a way to ensure a lasting investment-grade rating — a key advantage it holds over the lower-rated Paramount. Warner Bros. shares gained 3.4% in New York afternoon trading, and changed hands during the session for as much as $28.98. Paramount rose as much as 8.1% while Netflix dropped about 1%. - First Solar (FSLR) rose as much as 6.2%, touching the highest intraday since June 2024, after news Alphabet will buy clean-energy developer Intersect Power in one of the company’s biggest deals aimed at boosting its AI-related data-center footprint.- Navan (NAVN) shares climb as much as 12% after the business travel and expense management software maker announced that it had been added to the broad-market Russell 3000 Index and the small-cap Russell 2000 Index, as of Monday’s opening bell.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Warner Bros Discovery (WBD) shares are up 3.9% in premarket trading after Larry Ellison agreed to provide an irrevocable personal guarantee of $40.4 billion of the equity financing for the offer and any damages claims against Paramount. Paramount Skydance rises 3.1%, while Netflix ticks 0.4% higher.- Marvell Technology (MRVL) shares are up 2.1% in premarket trading, after Citi opened a positive catalyst watch on the chipmaker ahead of next month’s CES conference.- Rocket Lab (RKLB) shares jumped 18% on Friday and closed at a record high of $70.52 after the U.S. Space Development Agency on Friday awarded the company an agreement worth up to $805 million to provide 18 missile warning, tracking and defense satellites. Rocket Lab said the agreement was its largest single contract to date.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Warner Bros Discovery shares are up 3.9% in premarket trading after Larry Ellison agreed to provide an irrevocable personal guarantee of $40.4 billion of the equity financing for the offer and any damages claims against Paramount. Paramount Skydance rises 3.1%, while Netflix ticks 0.4% higher.- Nelson Peltz’s Trian Fund Management and General Catalyst agreed to buy asset manager Janus Henderson Group (JHG) for about $7.4 billion. Shareholders will receive $49 a share in cash, up from $46 a share that the investors offered in October, according to a statement Monday. Trian already owns 20.6% of Janus Henderson’s shares.- Shares of Newmont (ASX:NEM) rose over 5% in recent trade and reached their all-time peak in recent trading on the Australian bourse on Monday after gold touched a fresh record on expectations of US rate cuts.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Shares of Warner Bros. Discovery (WBD) moved higher ahead of the US market open as Paramount Skydance Corp. sweetened its bid for WBD, including offering a personal financial guarantee by Oracle Corp. Chairman Larry Ellison, as it seeks to beat out a rival bid from Netflix Inc. Ellison has agreed to personally guarantee $40.4 billion in equity financing for Paramount’s proposed $108.4 billion offer for Warner Bros., according to a statement Monday.  Ellison, whose son David Ellison is chief executive officer of Paramount, agreed not to revoke the Ellison family trust.- Shares of Rocket Lab (RKLB) climbed in early trading after the company won a US Space Force contract to design and build 18 satellites, marking the company’s largest single contract to date. The deal includes additional subsystem opportunities that could take the contract's total value to about $1 billion.- Shares of Clearwater Analytics (CWAN) rallied in premarket trading as a group of private equity firms led by Permira and Warburg Pincus has agreed to acquire Clearwater in a deal valuing the investment and accounting software maker at $8.4 billion including debt. Clearwater investors would get $24.55 a share for an equity value of about $7 billion, according to a statement confirming an earlier report by Bloomberg News. The company said the price, which is roughly 10% higher than the stock’s last close, represents a 47% premium to the price on Nov. 10, before Bloomberg reported the two buyout firms were in talks to buy it.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Netflix (NFLX) has refinanced part of a $59 billion bridge loan to support its potential acquisition of Warner Bros. Discovery Inc.The streaming giant secured a $5 billion revolving credit facility and two $10 billion delayed-draw term loans to refinance part of the bridge facility it took out for its Warner Bros. bid, according to a filing on Monday. That leaves $34 billion for syndication. - Shares of Clearwater Analytics (CWAN) rallied in premarket trading as a group of private equity firms led by Permira and Warburg Pincus has agreed to acquire Clearwater in a deal valuing the investment and accounting software maker at $8.4 billion including debt. Clearwater investors would get $24.55 a share for an equity value of about $7 billion, according to a statement confirming an earlier report by Bloomberg News. The company said the price, which is roughly 10% higher than the stock’s last close, represents a 47% premium to the price on Nov. 10, before Bloomberg reported the two buyout firms were in talks to buy it. - Shares of Datavault AI (DVLT) soared ahead of the US market open after the company announced the issuance of two U.S. patents supporting its push into AI-powered data monetization and blockchain-based content licensing. The patents, which enable automated smart contract enforcement and tokenized royalty distribution, bolster the company’s position in the $369 billion global content licensing market.See omnystudio.com/listener for privacy information.

On This episode of Stock Movers:- BHP and other miners are up as gold rose to an all-time high, as escalating geopolitical tensions and bets on further US rate cuts added momentum to the best annual performance in more than four decades.- Dairy makers are being hit after news that China will impose preliminary anti-subsidy duties of 21.9% to 42.7% on certain dairy products imports from the European Union from Dec. 23, according to a Ministry of Commerce statement.- Harbour Energy agreed to acquire LLOG Exploration Co. for $3.2 billion, marking the UK company’s entry into the deepwater US Gulf of Mexico.See omnystudio.com/listener for privacy information.

On This episode of Stock Movers:- Telecom Italia’s board approved a proposal to convert the company’s savings shares into ordinary stock and to reduce its share capital, moving toward a long-delayed change that would simplify its capital structure.- Fresnillo and other miners are up as gold rose to an all-time high, as escalating geopolitical tensions and bets on further US rate cuts added momentum to the best annual performance in more than four decades.- Harbour Energy agreed to acquire LLOG Exploration Co. for $3.2 billion, marking the UK company’s entry into the deepwater US Gulf of Mexico.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Computer data storage companies SanDisk (SNDK) and Micron (MU) both saw a boost to their share prices, coinciding with the rise of AI and computer technology spaces - Rivian (RIVN) sees their stock price climb 10.7% with anticipation for the release of the R2, their mid-size SUV - Frozen potato product brand Lamb Weston (LW) dropped 26% after a consistent decline and the company re-affirming its guidanceSee omnystudio.com/listener for privacy information.

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Tim Stenovec and Carol Massar. On this episode of Stock Movers: - Cruise group Carnival (CCL) sees their share price jump by over 9% today as the company expects profits to increase next year - WhiteFiber (WYFI) shares rose after it announced a 10-year 40 megawatt co-location agreement between its subsidiary Enovum Data Centers Corp. and Nscale Global Holdings, representing around $865 million in contracted revenue.  - KB Home (KBH) saw their stock decrease by 8.5% after posting fiscal 4th quarter revenue that missed analyst estimatesSee omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Oracle (ORCL) sees a 7% boost after it was announced that they would be leading a group of buyers in purchasing TikTok. - Nike (NKE) is down for the fourth day in a row with an 11% drop today. Sales are continuing to decline, citing difficulty in China as well as their Converse brand. - BioMarin Pharmaceutical (BMRN) is up big at 17% with their agreement to buy Amicus Pharmaceutics, helping expand their treatments for rare diseases.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Nike (NKE) shares sink after the company warned that sales will decline this quarter amid persistent weakness in China and at its Converse brand. The world’s largest sportswear company expects revenue to be down in the low-single digits in the three months that started Dec. 1, a surprising turn after two straight periods of growth.- FedEx (FDX) shares fall the most intraday since June 25, as the shipping firm upgraded FY targets, but to a lower magnitude than the 2Q earnings beat as it suffers from a string of cost headwinds including the grounding of its MD-11 planes.- KB Home (KBH) shares fall. The homebuilder posted fiscal fourth-quarter profit that missed analysts’ estimates. The mid-point of the outlook range for fiscal 2026 housing revenue also lagged expectations.See omnystudio.com/listener for privacy information.