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