Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg Data.
Speaker 3: Now, let's take a look at some of the stocks
Speaker 3: on the move this morning in Europe. I'm Caroline he
Speaker 3: Get alongside Tom McKenzie. We're joined bub Blomberg Report to
Speaker 3: claim Malay Chloe, good morning, Good morning.
Speaker 1: It's the end of the year. Need I say that?
Speaker 3: But you want to talk about peanuts that's at the
Speaker 3: end of this year.
Speaker 4: Yeah, absolutely so DVV, which is another company that I
Speaker 4: had heard of before, but this is a French biotech
Speaker 4: company and it's up more than forty percent this morning.
Speaker 4: So massive jump for dBV because of its peanut allergy patch.
Speaker 4: So they just published a result of a trial that
Speaker 4: showed that their experimental skin patch helped to desensitize children's
Speaker 4: children aged.
Speaker 1: Four to seven who wore it for a year.
Speaker 4: So this is a the big breakthrough in the management
Speaker 4: of peanut allergies and so now it wants to seek
Speaker 4: a US regulatory approval in the first half of twenty
Speaker 4: twenty six.
Speaker 1: So this is a successful trial.
Speaker 2: That is the.
Speaker 4: Combination of twenty years worth of work for dBV. It
Speaker 4: had to redesign the patch, redesign the clinical trial itself
Speaker 4: because of efforts that failed previously, but now it's finally
Speaker 4: potentially has got a blockbuster on its hands. We're talking
Speaker 4: obviously about a massive patient population of pen allergy. I
Speaker 4: am part of it myself, but more than one point
Speaker 4: two million children between the ages of one and seven
Speaker 4: in the US in Europe are estimated to have a
Speaker 4: peanut allergy.
Speaker 1: So this is not a product that is for me,
Speaker 1: but a product that could have been for me back
Speaker 1: in the day. Okay, it could be quite a significant development.
Speaker 3: Then.
Speaker 1: Yeah, we're also watching very different space, watching the software
Speaker 1: company one of the most valuable, if not the most
Speaker 1: valable tech public listed tech companies in europ which is SAP,
Speaker 1: in the spotlight after these comments from the US. So,
Speaker 1: this announcement from the US regarding potential retaliation against European.
Speaker 4: Yeah, absolutely so, SAP the biggest one, of course, but
Speaker 4: we also had companies like Captain and I publicists in
Speaker 4: DHR also moving a little bit lower this morning on
Speaker 4: the back as you say, of the US administration as
Speaker 4: singling out some potential targets for retaliation, So it's threatening
Speaker 4: to impose fees or restrictions on European companies in response
Speaker 4: to the EU planning to tax big American tech companies
Speaker 4: like Meta and Google and Amazon, and so the US
Speaker 4: is preparing an investigation that would allow it to impose
Speaker 4: trade remedies, including tariffs. And so we've seen those shares
Speaker 4: for those companies that were singled out moving a.
Speaker 1: Little bit lower this morning, but they've not necessarily plunged, so.
Speaker 4: That could indicate that perhaps those threats don't feel super concrete.
Speaker 2: Yet.
Speaker 4: We saw the same with Spotify actually, which was another
Speaker 4: one of those companies that were singled out, headquartered in
Speaker 4: Sweden but then listed in the US. So we saw
Speaker 4: the impact of that news on the shares during the
Speaker 4: US trading session, and the stock did fall quite a bit,
Speaker 4: but then it those declines, so I just have to
Speaker 4: kind of wait it out and see if those actually
Speaker 4: come to be. But this is of course heightening existing
Speaker 4: tensions between the US and the EU.
Speaker 3: Yeah. Indeed, meanwhile, more action from President Trump and this
Speaker 3: potential oil blockade has BP on the move.
Speaker 4: Yeah, absolutely, So US ramping up pressure on Venezuela and
Speaker 4: ordering the blockade of sanctioned oil tankers of the ghost
Speaker 4: of Venezuela.
Speaker 1: That has been said the price of cruden.
Speaker 4: As a result, we've seen oil majors including a BP,
Speaker 4: but also Shell Total Energies. We're also up this morning,
Speaker 4: so or Venezuela is an OPEC member, but not one
Speaker 4: with necessarily a massive influence or wait, so global markets.
Speaker 1: Oil markets won't be massively affected.
Speaker 4: But of course trade is trade on sentiment rather than
Speaker 4: reality sometimes, and so we have seen those shares that
Speaker 4: move higher this morning. What it doesn't do actually is
Speaker 4: threatened to chuck off the livelihood of the economic economic
Speaker 4: lifeblood of that country, which is already under massive pressure.
Speaker 4: We'll see how that goes and what the impact will
Speaker 4: be on that oil price and those oil companies as
Speaker 4: a result.
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