On this episode of Stock Movers:
- Novo Nordisk (NVO) dropped after a pill version of Ozempic failed to slow the progression of Alzheimer’s disease in a pair of long-shot studies that aimed to open up a new use for blockbuster obesity drugs.
- Amazon (AMZN) is rising. The company says it will spend as much as $50 billion, expanding its capacity to provide artificial intelligence and high-performance computing services to US government entities.
- Tesla (TSLA) shares jumped around 7% on Monday after a Sunday post on X from Elon Musk commenting on the company’s AI chip plans.

Pony AI Rises, Autozone Slides, Micron Gains After UBS Raises Price Target
03:14

Eli Lilly Rises, Micron Technology Gains, Redwire Up as SpaceX Kicks Off IPO Process
03:25

AutoZone Shares Slide; Ferrari Falls; Lilly to Buy Three Vaccine Developers
04:20