Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The.
Speaker 2: Stock Movers Report, your roundup of companies making moves in
Speaker 2: the stock market, harnessing the power of Bloomberg Data.
Speaker 3: Let's have a look at some of the stocks on
Speaker 3: the move today here in Europe. I'm Caroline Hepgat with
Speaker 3: Lizzie Burden and were joined by Boomberg Report Clohomla. Good
Speaker 3: to speak to you all eyes on oil today as
Speaker 3: we get more details about the situation between Venezuela and
Speaker 3: the United States. How is the oil sector responding in Europe,
Speaker 3: especially BP.
Speaker 4: Well, it's really weak across the board this morning for
Speaker 4: those oil companies, so BP is in the red, but
Speaker 4: also any total energy etc. All in the red this morning.
Speaker 1: And as you.
Speaker 4: Said, this is all to do with this situation in Venezuela.
Speaker 4: So Trump has said that Venezuela would relinquish two point
Speaker 4: eight billion dollars worth of oil to the US. So
Speaker 4: that announcement has sent oil price is falling and therefore
Speaker 4: also the shares of majors. It's worth noting that the
Speaker 4: amount of oil that we're talking about is important politically,
Speaker 4: but it's actually fairly small economically. So this actually won't
Speaker 4: meaningfully alter the supply in the market, But of course,
Speaker 4: from the standpoint of what is Strum going to do
Speaker 4: with Venezuela and how much influence does he really want
Speaker 4: over the country, it is a big deal.
Speaker 1: And it's also a big blow.
Speaker 4: To China, given that there is a country that was
Speaker 4: previously the top buyer of Venezuela and oil.
Speaker 1: And in addition to.
Speaker 4: That, we also had ABC reporting that the White House
Speaker 4: is demanding that Venezuela reduce its economic ties to countries
Speaker 4: like China, Russia around in Cuba, and also that it
Speaker 4: partners exclusively with the US on oil production. So there's
Speaker 4: a lot of moving parts in this story. It continues
Speaker 4: to kind of move different sectors, but for now, oil
Speaker 4: companies seem.
Speaker 1: To be part of the losers.
Speaker 3: Now, Chloie, here are two words I like to hear together,
Speaker 3: airlines and upgrades.
Speaker 1: It seems Luftans has two.
Speaker 4: Yeah, absolutely, Liftander's having a pretty good day to day.
Speaker 4: It was double upgraded at Morgan Stanley and analyst said
Speaker 4: that it was among the top five transport stocks to
Speaker 4: own in twenty twenty six.
Speaker 1: So you heard it hit first.
Speaker 4: The reason why the analysts are so optimistic on lift
Speaker 4: Hander is because of the turnaround program. So that's a
Speaker 4: program that it started in twenty twenty four and it's
Speaker 4: going to run through twenty twenty eight, and it includes
Speaker 4: a plan to reduce about four thousand jobs across the
Speaker 4: group and kind of cut costs more generally and also
Speaker 4: going towards a more premium offering, so.
Speaker 1: That upgrade that you were talking about, Lizzie.
Speaker 4: So it's a company that's dealt with a lot of
Speaker 4: disruption from labor groups as well, but there's also now
Speaker 4: new agreements. There's still union pressure full of Tanser that's
Speaker 4: not fully gone away. But what anlysts think is that
Speaker 4: there's definite kind of tailwinds for that company in twenty
Speaker 4: twenty six.
Speaker 1: And the turnaround plan is really paying off there.
Speaker 3: Declining today is a company that makes climate controls for
Speaker 3: data centers Montors.
Speaker 1: Yeah.
Speaker 4: Why so this is part of a broader story on
Speaker 4: all of those companies that sector that provides cooling technologies
Speaker 4: to data centers, and that is because the CEO of
Speaker 4: Nvidia said yesterday that it would be possible to cool
Speaker 4: the rex that are with the next generation chips from
Speaker 4: video using water at a temperature that actually does not
Speaker 4: require a water chiller. So cooling technologies have been a
Speaker 4: really important part of data center infrastructure because servers heat
Speaker 4: up massively. But now it seems that we have a
Speaker 4: high profile CEO really questioning how much need there will
Speaker 4: be for this equipment going forward, and therefore we are
Speaker 4: seeing some weakness there across that space. Interestingly, Schneider Electric,
Speaker 4: which also provides those technology the Chez did not suffer
Speaker 4: on this, perhaps because it provides a wider range of
Speaker 4: things as well. For Montters, this is really important because
Speaker 4: they're really specialized in those cooling technologies, so it will
Speaker 4: be interesting.
Speaker 1: To see if and out and how they on the
Speaker 1: back of.
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