1 00:00:02,520 --> 00:00:07,440 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 00:00:16,760 --> 00:00:18,239 Speaker 3: Let's have a look at some of the stocks on 5 00:00:18,280 --> 00:00:20,639 Speaker 3: the move today here in Europe. I'm Caroline Hepgar with 6 00:00:20,840 --> 00:00:24,880 Speaker 3: Stephen Carroll. We're joined by Bloomberg with portacloone Malay, good morning. 7 00:00:24,640 --> 00:00:25,200 Speaker 1: Good morning. 8 00:00:25,239 --> 00:00:28,680 Speaker 3: So investors are concerned about the war in Iran, but 9 00:00:28,760 --> 00:00:31,640 Speaker 3: there and that means that overall European stocks it looks 10 00:00:31,640 --> 00:00:34,840 Speaker 3: like they're down this morning, but there are also individual 11 00:00:34,880 --> 00:00:38,760 Speaker 3: stories that we should unpack. The Swedish media company via 12 00:00:38,960 --> 00:00:42,120 Speaker 3: Play some take private interest, tell us more. 13 00:00:42,240 --> 00:00:44,839 Speaker 1: Yeah, So, via Play is a Swedish streaming company. It 14 00:00:44,880 --> 00:00:49,280 Speaker 1: operates primarily in Nordic countries, and Kenelplus and PPF Group, 15 00:00:49,280 --> 00:00:52,080 Speaker 1: WHI you are already part owners of that company are 16 00:00:52,120 --> 00:00:54,800 Speaker 1: said to be considering a deal to take it private. 17 00:00:54,880 --> 00:00:58,280 Speaker 1: So they're essentially exploring buying the chares in via Play 18 00:00:58,320 --> 00:01:01,400 Speaker 1: that they don't already own, which because they acquired stakes 19 00:01:01,560 --> 00:01:04,080 Speaker 1: are back in twenty twenty three, and that has really 20 00:01:04,120 --> 00:01:07,839 Speaker 1: boosted the via Play shares today they rose about twelve 21 00:01:07,840 --> 00:01:13,520 Speaker 1: percent on that news of this potential taking private interests 22 00:01:13,600 --> 00:01:17,559 Speaker 1: and so for anless this potential deal would align really 23 00:01:17,600 --> 00:01:21,520 Speaker 1: well with Canal Plus's goals of getting into some international 24 00:01:21,640 --> 00:01:24,240 Speaker 1: M and A, which has been doing a little bit recently. 25 00:01:24,560 --> 00:01:27,080 Speaker 1: It also could mean that via Play could be maybe 26 00:01:27,160 --> 00:01:30,280 Speaker 1: restructured in quite drastic ways because they wouldn't be that 27 00:01:30,360 --> 00:01:34,120 Speaker 1: scrutiny that comes with those public markets. And Alice have 28 00:01:34,200 --> 00:01:37,200 Speaker 1: also said that the takeover costs look quite manageable, so 29 00:01:37,240 --> 00:01:40,080 Speaker 1: overall it does look like it could be a good deal. 30 00:01:40,480 --> 00:01:42,760 Speaker 1: At the same time, it comes at an interesting moment 31 00:01:42,800 --> 00:01:46,400 Speaker 1: for Canal Plus because it was just downgraded just two 32 00:01:46,520 --> 00:01:49,640 Speaker 1: days ago, i think by UBS because of another deal. 33 00:01:49,680 --> 00:01:52,200 Speaker 1: In the uncertainty that comes with this deal. So it 34 00:01:52,360 --> 00:01:56,280 Speaker 1: recently acquired the South African TV service Multi Choice, and 35 00:01:56,800 --> 00:01:59,480 Speaker 1: some analysts have said that this actually will bring maybe 36 00:01:59,520 --> 00:02:02,480 Speaker 1: more on sch than reward. So there seems to be 37 00:02:02,520 --> 00:02:05,320 Speaker 1: maybe quite a few juggling plates for Canautplus at the moment. 38 00:02:05,440 --> 00:02:09,560 Speaker 1: But this via Play potential deal is being received quite well. 39 00:02:10,360 --> 00:02:14,840 Speaker 2: Okay, and on to trust Pilot next. Some positive reviews. 40 00:02:15,120 --> 00:02:18,160 Speaker 1: Yeah, very interesting from trust Pilot this morning. So for context, 41 00:02:18,440 --> 00:02:20,200 Speaker 1: that was one of the companies that was caught in 42 00:02:20,280 --> 00:02:22,320 Speaker 1: this big AI sell off that we were talking about 43 00:02:22,400 --> 00:02:25,280 Speaker 1: a lot in recent weeks, but it's really tried to 44 00:02:25,639 --> 00:02:28,640 Speaker 1: position itself as an AI winner and that was really 45 00:02:28,680 --> 00:02:32,000 Speaker 1: the theme of the release today, the earnings today, and 46 00:02:32,080 --> 00:02:35,280 Speaker 1: also the discussion that I had with the CEO, Adrian 47 00:02:35,360 --> 00:02:38,080 Speaker 1: Blair this morning. So he told me that he really 48 00:02:38,120 --> 00:02:41,760 Speaker 1: wanted to get some partnerships going with major e commerce 49 00:02:41,760 --> 00:02:45,600 Speaker 1: players where essentially the data from trust Pilot reviews could 50 00:02:45,680 --> 00:02:49,119 Speaker 1: be used by AI agents and inform that work. Essentially, 51 00:02:49,680 --> 00:02:52,200 Speaker 1: he refused to say any more about those potential deals, 52 00:02:52,200 --> 00:02:55,040 Speaker 1: but we'll have to keep eyes appealed for that. And 53 00:02:55,080 --> 00:02:57,440 Speaker 1: then another big thing that was coming today from trust 54 00:02:57,440 --> 00:03:00,880 Speaker 1: Pilot is that it expects margin to double from fifteen 55 00:03:00,919 --> 00:03:04,560 Speaker 1: to thirty percent by twenty thirty and that, according to 56 00:03:04,600 --> 00:03:07,320 Speaker 1: the CEO, will also be driven in really large part 57 00:03:07,400 --> 00:03:11,880 Speaker 1: by those AR opportunities AI efficiencies. It is really benefiting 58 00:03:11,880 --> 00:03:17,160 Speaker 1: from those large language models using this trust Pilot A data. 59 00:03:17,240 --> 00:03:19,720 Speaker 1: And so there was a lot of optimism from the 60 00:03:19,760 --> 00:03:22,280 Speaker 1: company and the CEO this morning, and it seems the 61 00:03:22,280 --> 00:03:25,720 Speaker 1: market actually does believe that trust Pilot can be an 62 00:03:25,720 --> 00:03:26,760 Speaker 1: AI winner in that way. 63 00:03:27,120 --> 00:03:30,880 Speaker 3: Okay, that's interesting. But we go back to the energy 64 00:03:30,960 --> 00:03:34,120 Speaker 3: story with our last stock, which is the finished energy 65 00:03:34,120 --> 00:03:36,520 Speaker 3: company NESTY. New research out. 66 00:03:36,920 --> 00:03:39,000 Speaker 1: Yeah, so, well, it's a good time to be producing 67 00:03:39,000 --> 00:03:42,560 Speaker 1: it and refining fuels given all the geopolitical disruption that 68 00:03:42,680 --> 00:03:45,760 Speaker 1: is happening, and so according to Barclay's analyst, NESTY is 69 00:03:45,800 --> 00:03:49,720 Speaker 1: well positioned to benefit. They said that higher refining margins 70 00:03:49,760 --> 00:03:52,560 Speaker 1: for fossil fuels will lead to better cash flow. And 71 00:03:52,560 --> 00:03:56,240 Speaker 1: then also crucially, although it is an oil refining company, 72 00:03:56,440 --> 00:03:59,440 Speaker 1: and NESTY has also been increasingly a leader in renewable 73 00:03:59,640 --> 00:04:02,960 Speaker 1: fuel and sustainable aviation fuel as well, and so that 74 00:04:03,440 --> 00:04:06,080 Speaker 1: is also set to be a big tailwind, and Lissa 75 00:04:06,120 --> 00:04:09,560 Speaker 1: saying that the demand for renewable diesel is set to 76 00:04:09,560 --> 00:04:13,120 Speaker 1: grow about thirty five percent this year globally, and the 77 00:04:13,160 --> 00:04:15,920 Speaker 1: transport sector is going to want more of that domestically 78 00:04:15,960 --> 00:04:18,960 Speaker 1: produced energy sources. It fits within this whole theme of 79 00:04:19,240 --> 00:04:22,760 Speaker 1: energy security energy independence, and so that has driven those 80 00:04:22,800 --> 00:04:26,600 Speaker 1: shares high this morning. Finesse as well. 81 00:04:25,640 --> 00:04:29,640 Speaker 2: The Stock Movers Report from Bloomberg Radio. Check back with 82 00:04:29,720 --> 00:04:32,320 Speaker 2: us throughout the day for the latest roundup of companies 83 00:04:32,360 --> 00:04:35,480 Speaker 2: making news on Wall Street and for the latest market 84 00:04:35,520 --> 00:04:40,000 Speaker 2: moving headlines. Listen to Bloomberg Radio Live. Catch us on YouTube, 85 00:04:40,080 --> 00:04:43,560 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 86 00:04:43,640 --> 00:04:45,119 Speaker 2: the Bloomberg Business app.