Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report, your roundup of companies making moves in the stock market. Harnessing the power of Bloomberg data. Let's take a look at some of the stocks on the move today. We can do that with Bloombergs and not Italie Kenny, Djevich Tali.
What are you looking at today? Let's start with banks, guys. Shares of JP Morgan are now flat parents some earlier losses, so we know that the company posted highest ever for all the revenue for the first three months of the year. What is interesting is that revenue was up by in both equity and fixed income space, up twenty percent from a year earlier. It just highlights how traders nicely navigated
this volatile environment now. JP Morgan also lowered full year net interest income guidance to back to one of three billion dollars, but held outlook excluding markets for NII stady. In terms of deal making, investment making venue was up by thirty eight percent year of a year, so it looks like this year is a year of IPO for JP Morgan. CEO, of course, highlighted some uncertainty related to the geopolitical.
Development, right, and the big IPOs haven't even happened yet this year, so there's more money to be made. All right, let's talk about your second stock.
JJ, Yes, the tickets J ANDJ. The stock is also flat, but earnings results were really positive. So the company reported first quart of sales above expectations. Overall sales growth was ten percent up from a year ago. Boosted also its outlook for the year, led by strong growth in some areas,
including cancer medicines. Now, it is interesting that the solid results basically highlight how big drug makers, including JJ, are navigating this environment, despite the fact that some of them, including JJ, had to make the deal with the White House to lower drug prices. So again, the management highlighted that the drug maker expects to be excluded from the new pharmaceutical tariffs announced in early earlier this month because again it made a deal with the Trump administration to
provide discounts. One more, one more yeah, so a global star. This is one of the biggest movers today the tickers gsat. The stock is up by almost ten percent after Amazon agreed to buy the company for ninety dollars a share. So Amazon is building its own lower orbit satellite network called Amazon Leo, so it is a bit to compete with ill umusks Starling. So Amazon is pitching Leo for
retail and also business customers. So we'll see how this plays out, but for now, investors and analysts are pretty optimistic about that and Global Star is a relatively small company. It provides mobile voice data communications services viaset.
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