1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,400 --> 00:00:17,920 Speaker 3: Now, let's take a look at some of the stocks 5 00:00:17,960 --> 00:00:20,480 Speaker 3: on the move this morning in Europe. I'm Caroline he 6 00:00:20,680 --> 00:00:23,360 Speaker 3: Get alongside Tom McKenzie. We're joined bub Blomberg Report to 7 00:00:23,400 --> 00:00:25,439 Speaker 3: claim Malay Chloe, good morning, Good morning. 8 00:00:25,560 --> 00:00:27,720 Speaker 1: It's the end of the year. Need I say that? 9 00:00:28,880 --> 00:00:34,199 Speaker 3: But you want to talk about peanuts that's at the 10 00:00:34,280 --> 00:00:34,919 Speaker 3: end of this year. 11 00:00:35,720 --> 00:00:38,839 Speaker 4: Yeah, absolutely so DVV, which is another company that I 12 00:00:38,840 --> 00:00:41,800 Speaker 4: had heard of before, but this is a French biotech 13 00:00:41,880 --> 00:00:44,840 Speaker 4: company and it's up more than forty percent this morning. 14 00:00:44,960 --> 00:00:48,920 Speaker 4: So massive jump for dBV because of its peanut allergy patch. 15 00:00:49,040 --> 00:00:51,680 Speaker 4: So they just published a result of a trial that 16 00:00:51,800 --> 00:00:56,240 Speaker 4: showed that their experimental skin patch helped to desensitize children's 17 00:00:56,520 --> 00:00:57,320 Speaker 4: children aged. 18 00:00:57,160 --> 00:00:59,319 Speaker 1: Four to seven who wore it for a year. 19 00:00:59,400 --> 00:01:01,920 Speaker 4: So this is a the big breakthrough in the management 20 00:01:02,160 --> 00:01:05,640 Speaker 4: of peanut allergies and so now it wants to seek 21 00:01:05,680 --> 00:01:08,600 Speaker 4: a US regulatory approval in the first half of twenty 22 00:01:08,720 --> 00:01:09,240 Speaker 4: twenty six. 23 00:01:09,319 --> 00:01:10,920 Speaker 1: So this is a successful trial. 24 00:01:11,000 --> 00:01:11,360 Speaker 2: That is the. 25 00:01:11,400 --> 00:01:14,840 Speaker 4: Combination of twenty years worth of work for dBV. It 26 00:01:14,959 --> 00:01:19,120 Speaker 4: had to redesign the patch, redesign the clinical trial itself 27 00:01:19,200 --> 00:01:22,280 Speaker 4: because of efforts that failed previously, but now it's finally 28 00:01:22,360 --> 00:01:25,959 Speaker 4: potentially has got a blockbuster on its hands. We're talking 29 00:01:25,959 --> 00:01:28,880 Speaker 4: obviously about a massive patient population of pen allergy. I 30 00:01:28,959 --> 00:01:31,360 Speaker 4: am part of it myself, but more than one point 31 00:01:31,400 --> 00:01:34,160 Speaker 4: two million children between the ages of one and seven 32 00:01:34,240 --> 00:01:36,760 Speaker 4: in the US in Europe are estimated to have a 33 00:01:36,840 --> 00:01:37,520 Speaker 4: peanut allergy. 34 00:01:37,640 --> 00:01:39,240 Speaker 1: So this is not a product that is for me, 35 00:01:39,360 --> 00:01:41,160 Speaker 1: but a product that could have been for me back 36 00:01:41,200 --> 00:01:43,520 Speaker 1: in the day. Okay, it could be quite a significant development. 37 00:01:43,560 --> 00:01:43,680 Speaker 3: Then. 38 00:01:43,720 --> 00:01:46,760 Speaker 1: Yeah, we're also watching very different space, watching the software 39 00:01:47,040 --> 00:01:48,640 Speaker 1: company one of the most valuable, if not the most 40 00:01:48,680 --> 00:01:51,120 Speaker 1: valable tech public listed tech companies in europ which is SAP, 41 00:01:52,080 --> 00:01:56,040 Speaker 1: in the spotlight after these comments from the US. So, 42 00:01:56,160 --> 00:02:00,240 Speaker 1: this announcement from the US regarding potential retaliation against European. 43 00:02:00,440 --> 00:02:03,040 Speaker 4: Yeah, absolutely so, SAP the biggest one, of course, but 44 00:02:03,160 --> 00:02:05,840 Speaker 4: we also had companies like Captain and I publicists in 45 00:02:05,920 --> 00:02:08,760 Speaker 4: DHR also moving a little bit lower this morning on 46 00:02:08,880 --> 00:02:12,680 Speaker 4: the back as you say, of the US administration as 47 00:02:12,760 --> 00:02:17,760 Speaker 4: singling out some potential targets for retaliation, So it's threatening 48 00:02:17,840 --> 00:02:21,560 Speaker 4: to impose fees or restrictions on European companies in response 49 00:02:21,680 --> 00:02:25,359 Speaker 4: to the EU planning to tax big American tech companies 50 00:02:25,760 --> 00:02:29,079 Speaker 4: like Meta and Google and Amazon, and so the US 51 00:02:29,200 --> 00:02:32,200 Speaker 4: is preparing an investigation that would allow it to impose 52 00:02:32,440 --> 00:02:35,799 Speaker 4: trade remedies, including tariffs. And so we've seen those shares 53 00:02:36,040 --> 00:02:38,080 Speaker 4: for those companies that were singled out moving a. 54 00:02:38,160 --> 00:02:42,200 Speaker 1: Little bit lower this morning, but they've not necessarily plunged, so. 55 00:02:42,280 --> 00:02:45,880 Speaker 4: That could indicate that perhaps those threats don't feel super concrete. 56 00:02:46,000 --> 00:02:46,200 Speaker 2: Yet. 57 00:02:46,919 --> 00:02:49,080 Speaker 4: We saw the same with Spotify actually, which was another 58 00:02:49,120 --> 00:02:51,760 Speaker 4: one of those companies that were singled out, headquartered in 59 00:02:51,800 --> 00:02:54,239 Speaker 4: Sweden but then listed in the US. So we saw 60 00:02:54,280 --> 00:02:56,639 Speaker 4: the impact of that news on the shares during the 61 00:02:56,760 --> 00:02:59,480 Speaker 4: US trading session, and the stock did fall quite a bit, 62 00:02:59,520 --> 00:03:02,720 Speaker 4: but then it those declines, so I just have to 63 00:03:03,000 --> 00:03:06,440 Speaker 4: kind of wait it out and see if those actually 64 00:03:06,760 --> 00:03:09,800 Speaker 4: come to be. But this is of course heightening existing 65 00:03:09,880 --> 00:03:12,160 Speaker 4: tensions between the US and the EU. 66 00:03:13,160 --> 00:03:17,760 Speaker 3: Yeah. Indeed, meanwhile, more action from President Trump and this 67 00:03:17,960 --> 00:03:20,799 Speaker 3: potential oil blockade has BP on the move. 68 00:03:21,200 --> 00:03:24,560 Speaker 4: Yeah, absolutely, So US ramping up pressure on Venezuela and 69 00:03:25,000 --> 00:03:28,160 Speaker 4: ordering the blockade of sanctioned oil tankers of the ghost 70 00:03:28,200 --> 00:03:28,840 Speaker 4: of Venezuela. 71 00:03:29,320 --> 00:03:31,320 Speaker 1: That has been said the price of cruden. 72 00:03:31,320 --> 00:03:34,080 Speaker 4: As a result, we've seen oil majors including a BP, 73 00:03:34,240 --> 00:03:37,640 Speaker 4: but also Shell Total Energies. We're also up this morning, 74 00:03:37,760 --> 00:03:40,840 Speaker 4: so or Venezuela is an OPEC member, but not one 75 00:03:40,880 --> 00:03:44,720 Speaker 4: with necessarily a massive influence or wait, so global markets. 76 00:03:45,000 --> 00:03:47,920 Speaker 1: Oil markets won't be massively affected. 77 00:03:48,000 --> 00:03:50,400 Speaker 4: But of course trade is trade on sentiment rather than 78 00:03:50,760 --> 00:03:53,800 Speaker 4: reality sometimes, and so we have seen those shares that 79 00:03:53,880 --> 00:03:57,200 Speaker 4: move higher this morning. What it doesn't do actually is 80 00:03:57,400 --> 00:04:01,480 Speaker 4: threatened to chuck off the livelihood of the economic economic 81 00:04:01,600 --> 00:04:05,000 Speaker 4: lifeblood of that country, which is already under massive pressure. 82 00:04:05,600 --> 00:04:09,280 Speaker 4: We'll see how that goes and what the impact will 83 00:04:09,320 --> 00:04:12,080 Speaker 4: be on that oil price and those oil companies as 84 00:04:12,120 --> 00:04:12,520 Speaker 4: a result. 85 00:04:14,000 --> 00:04:17,960 Speaker 2: The Stock Movers Report from Bloomberg Radio. Check back with 86 00:04:18,120 --> 00:04:20,640 Speaker 2: us throughout the day for the latest roundup of companies 87 00:04:20,760 --> 00:04:23,799 Speaker 2: making news on Wall Street and for the latest market 88 00:04:23,880 --> 00:04:28,320 Speaker 2: moving headlines. 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