European Movers: UMG (UMG NA) +28.3%, AJ Bell (AJB LN) +6.4%, STMicroelectronics (STMPA FP) +3.2%, Sanofi (SAN FP) +0.3%, ASML (ASML NA) -4.4%

AJ Bell (AJB LN) initiated with Outperform at Keefe Bruyette Sanofi (SAN FP) - Co's lunsekimig met primary and key secondary endpoints in phase 2 respiratory studies in asthma and CRSwNP. (Sanofi)Tech/Chip/Memory names - Samsung Electronics (005930 KS) shares jumped in Korean trade after profit soared on strong AI chip demand and upbeat guidance.UMG (UMG NA) - Co. has received a bid of EUR 5.05/shr and 0.77 shares from Pershing Square (PSH LN); deal valued at EUR 9.4bln. (UMG)