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. I'm Paul swinging alongside Scarlet Foo when we're joined by Bloomberg's Nora and Linda Nora.
What are you looking at today? Well, there was a lot to dig into this morning as I was kind of sifting through some of these stocks. I've got eyes on Kimberly Clark. This is ticker KMB really in focus here alongside Kinview, which is ticker KVUE. You've got shares of Kimberly Clark plunging as the worst performing stock on the S and P five hundred. It's worst day in twenty five years. Elevated trading volume that we're seeing here.
This is the biggest drop since March seven, two thousand and this is after the company agreed to buy Kinview for roughly forty billion dollars. This will value Kenview at forty eight point seven billion on an enterprise basis here, and it's really just you'rre stating the street just trying to digest this this deal here and thinking about the implications here for Kimberly Clark. If you look at shares of Kinview, they are rising though, among the best performing
stocks in the S and P five hundred. But this combination should create a company worth about thirty two billion dollars in revenue and it allow it to surpass Unilever to become the second biggest seller of health and wellness products, following Procter and Gamble.
There, Yeah, a pretty big giant to the consumer good space.
Let's talk about the five trillion dollar company in video and video, of course, we can't stop talking about that one. And this is a deal between and we're looking at Amazon and in video right now. Of course, we know Amazon's cloud unit signed a thirty eight billion dollar deal to supply a slice of open aiy's demand for computing powers. So we did see shares of Amazon rising up, extending their record high Street that we're seeing today up as
much as five point nine percent. Now this of course open ai will pay AWS for act says the hundreds of thousands of Nvidia GPUs as part of a seven year deal. This was announced between the two companies today so you really are seeing Wall Street investors clearly celebrating this collaboration that we're seeing between some of these major powerhouses here. All right, one more for us, one more, another deal. We can't stop talking about deals on this Monday.
Here's a Microsoft and Focus. This is MSFT and alongside Iron this is Ire in the ticker there. This is Iron is an Australia based renewable energy company. They essentially manage next gen data centers that are powered by renewable energy and this is all optimized for bitcoin mining services and other power dense compute. But you saw Microsoft signing a deal to buy this company for about nine point
seven billion dollars. This is a five year agreement and this will give Microsoft access to Nvidia systems in Texas and it includes a twenty percent pre payment. Here, So lots of Nvidia action clearly going on today in the market and a lot of deals happening on this Monday.
This Stockmover's 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.