WEBVTT - BP Falls, Lufthansa Up, Munters Declines

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio News, The.

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<v Speaker 2>Stock Movers Report, your roundup of companies making moves in

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<v Speaker 2>the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 3>Let's have a look at some of the stocks on

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<v Speaker 3>the move today here in Europe. I'm Caroline Hepgat with

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<v Speaker 3>Lizzie Burden and were joined by Boomberg Report Clohomla. Good

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<v Speaker 3>to speak to you all eyes on oil today as

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<v Speaker 3>we get more details about the situation between Venezuela and

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<v Speaker 3>the United States. How is the oil sector responding in Europe,

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<v Speaker 3>especially BP.

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<v Speaker 4>Well, it's really weak across the board this morning for

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<v Speaker 4>those oil companies, so BP is in the red, but

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<v Speaker 4>also any total energy etc. All in the red this morning.

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<v Speaker 1>And as you.

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<v Speaker 4>Said, this is all to do with this situation in Venezuela.

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<v Speaker 4>So Trump has said that Venezuela would relinquish two point

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<v Speaker 4>eight billion dollars worth of oil to the US. So

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<v Speaker 4>that announcement has sent oil price is falling and therefore

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<v Speaker 4>also the shares of majors. It's worth noting that the

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<v Speaker 4>amount of oil that we're talking about is important politically,

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<v Speaker 4>but it's actually fairly small economically. So this actually won't

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<v Speaker 4>meaningfully alter the supply in the market, But of course,

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<v Speaker 4>from the standpoint of what is Strum going to do

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<v Speaker 4>with Venezuela and how much influence does he really want

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<v Speaker 4>over the country, it is a big deal.

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<v Speaker 1>And it's also a big blow.

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<v Speaker 4>To China, given that there is a country that was

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<v Speaker 4>previously the top buyer of Venezuela and oil.

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<v Speaker 1>And in addition to.

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<v Speaker 4>That, we also had ABC reporting that the White House

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<v Speaker 4>is demanding that Venezuela reduce its economic ties to countries

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<v Speaker 4>like China, Russia around in Cuba, and also that it

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<v Speaker 4>partners exclusively with the US on oil production. So there's

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<v Speaker 4>a lot of moving parts in this story. It continues

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<v Speaker 4>to kind of move different sectors, but for now, oil

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<v Speaker 4>companies seem.

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<v Speaker 1>To be part of the losers.

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<v Speaker 3>Now, Chloie, here are two words I like to hear together,

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<v Speaker 3>airlines and upgrades.

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<v Speaker 1>It seems Luftans has two.

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<v Speaker 4>Yeah, absolutely, Liftander's having a pretty good day to day.

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<v Speaker 4>It was double upgraded at Morgan Stanley and analyst said

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<v Speaker 4>that it was among the top five transport stocks to

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<v Speaker 4>own in twenty twenty six.

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<v Speaker 1>So you heard it hit first.

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<v Speaker 4>The reason why the analysts are so optimistic on lift

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<v Speaker 4>Hander is because of the turnaround program. So that's a

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<v Speaker 4>program that it started in twenty twenty four and it's

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<v Speaker 4>going to run through twenty twenty eight, and it includes

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<v Speaker 4>a plan to reduce about four thousand jobs across the

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<v Speaker 4>group and kind of cut costs more generally and also

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<v Speaker 4>going towards a more premium offering, so.

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<v Speaker 1>That upgrade that you were talking about, Lizzie.

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<v Speaker 4>So it's a company that's dealt with a lot of

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<v Speaker 4>disruption from labor groups as well, but there's also now

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<v Speaker 4>new agreements. There's still union pressure full of Tanser that's

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<v Speaker 4>not fully gone away. But what anlysts think is that

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<v Speaker 4>there's definite kind of tailwinds for that company in twenty

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<v Speaker 4>twenty six.

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<v Speaker 1>And the turnaround plan is really paying off there.

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<v Speaker 3>Declining today is a company that makes climate controls for

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<v Speaker 3>data centers Montors.

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<v Speaker 1>Yeah.

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<v Speaker 4>Why so this is part of a broader story on

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<v Speaker 4>all of those companies that sector that provides cooling technologies

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<v Speaker 4>to data centers, and that is because the CEO of

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<v Speaker 4>Nvidia said yesterday that it would be possible to cool

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<v Speaker 4>the rex that are with the next generation chips from

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<v Speaker 4>video using water at a temperature that actually does not

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<v Speaker 4>require a water chiller. So cooling technologies have been a

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<v Speaker 4>really important part of data center infrastructure because servers heat

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<v Speaker 4>up massively. But now it seems that we have a

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<v Speaker 4>high profile CEO really questioning how much need there will

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<v Speaker 4>be for this equipment going forward, and therefore we are

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<v Speaker 4>seeing some weakness there across that space. Interestingly, Schneider Electric,

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<v Speaker 4>which also provides those technology the Chez did not suffer

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<v Speaker 4>on this, perhaps because it provides a wider range of

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<v Speaker 4>things as well. For Montters, this is really important because

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<v Speaker 4>they're really specialized in those cooling technologies, so it will

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<v Speaker 4>be interesting.

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<v Speaker 1>To see if and out and how they on the

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<v Speaker 1>back of.

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<v Speaker 2>This the Stockmover's Report from Bloomberg Radio. Check back with

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