On this episode of Stock Movers:
- Alphabet (GOOG) shares soared the most in two months on Wednesday as a wave of glowing reviews for the newly released version of its Gemini artificial intelligence model spurred investor confidence about the company’s position in the ever-changing tech landscape.
- Eli Lilly (LLY) shares slump after Novo Nordisk said its Evoke late-stage trials did not demonstrate a statistically significant reduction in Alzheimer’s disease progression. - RTX and Israeli defense firm Rafael have won a $1.25 billion contract to build surface-to-air missiles for Israel’s Iron Dome air-defense system at a new plant in Arkansas, the joint venture announced. The deal marks the first production contract for the partnership at the new facility, based in Camden, in south central Arkansas. The two companies invested $33 million to build the facility, which opened earlier this month.

On this episode of Stock Movers: - Alphabet (GOOG) shares soared the most in two months on Wednesday as a wave of glowing reviews for the newly released version of its Gemini artificial intelligence model spurred investor confidence about the company&rsquo;s position in the ever-changing tech landscape. - Eli Lilly (LLY) shares slump after Novo Nordisk said its Evoke late-stage trials did not demonstrate a statistically significant reduction in Alzheimer&rsquo;s disease progression. - RTX and Israeli defense firm Rafael have won a $1.25 billion contract to build surface-to-air missiles for Israel&rsquo;s Iron Dome air-defense system at a new plant in Arkansas, the joint venture announced. The deal marks the first production contract for the partnership at the new facility, based in Camden, in south central Arkansas. The two companies invested $33 million to build the facility, which opened earlier this month.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Alphabet Shares Soar; Eli Lilly Slumps; RTX Defense Deal

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a83c4b06-3654-47b1-a6bb-b39f00c7a9f4/transcript

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.

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&rsquo;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&rsquo;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.

WBD Up on Ellison's Guarantee, Janus Henderson Climbs, Newmont Rises

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e1ab4213-6fe3-49c2-a135-b3bb00fd041d/transcript

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.

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&rsquo;s proposed $108.4 billion offer for Warner Bros., according to a statement Monday. &nbsp;Ellison, whose son&nbsp;David Ellison&nbsp;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&rsquo;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&nbsp;Permira&nbsp;and&nbsp;Warburg Pincus has agreed to acquire&nbsp;Clearwater&nbsp;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&nbsp;statement&nbsp;confirming an&nbsp;earlier report&nbsp;by Bloomberg News. The company said the price, which is roughly 10% higher than the stock&rsquo;s last close, represents a 47% premium to the price on Nov. 10, before Bloomberg&nbsp;reported&nbsp;the two buyout firms were in talks to buy it.

WBD Rises on Ellison Backing; Rocket Lab Climbs; Clearwater Rallies

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/dd7b73fd-299a-4922-9d8b-b3bb00eb1ca2/transcript

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.

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&rsquo;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&rsquo;s position in the $369 billion global content licensing market.

Netflix Refinances; Clearwater Rallies; Datavault AI Soars;

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/89baba95-a133-44b9-818a-b3bb00c6d647/transcript

Alphabet Shares Soar; Eli Lilly Slumps; RTX Defense Deal

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