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Moller-Maersk Leads Tariffs Gains, Novo Nordisk Slumps, Unicredit Up | Stock Movers

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May 12, 2025

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On this episode of Stock Movers:

- The US and China will temporarily lower tariffs on each other’s products, according to a joint statement, in a move which sent the whole equity market up. Maersk are on track for their biggest one-day gain in a decade with trading volume was quadruple the average for this time of day.

- Drugmakers like Novo Nordisk are falling after President Donald Trump said he plans to order a cut in US prescription drug costs by mandating that Americans pay no more than people in countries that have the lowest price.

- UniCredit posted its highest quarterly profit ever, strengthening Chief Executive Officer Andrea Orcel’s hand as he pursues potential acquisitions.

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Moller-Maersk Leads Tariffs Gains, Novo Nordisk Slumps, Unicredit Up

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Moller-Maersk Leads Tariffs Gains, Novo Nordisk Slumps, Unicredit Up | Stock Movers · Bloomberg Podcasts · Sentinel