1 00:00:02,520 --> 00:00:07,000 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 00:00:16,200 --> 00:00:17,479 Speaker 3: Let's take a look at some of the stocks on 5 00:00:17,480 --> 00:00:19,439 Speaker 3: the move. That I am, Paul Sweeney alongside Scarlet Food. 6 00:00:19,480 --> 00:00:21,840 Speaker 3: We're joined by bloom Christina Kino. Christine, what are you 7 00:00:21,840 --> 00:00:22,360 Speaker 3: looking at today? 8 00:00:22,400 --> 00:00:24,000 Speaker 1: Well, Paul, we got to take a look at Chevron 9 00:00:24,200 --> 00:00:27,640 Speaker 1: of course, that tick her CVX. Those chares are more 10 00:00:27,680 --> 00:00:30,400 Speaker 1: than two percent at the moment, and it's seen as 11 00:00:30,440 --> 00:00:33,680 Speaker 1: one of the biggest beneficiaries of the developments in Venezuela 12 00:00:33,760 --> 00:00:37,800 Speaker 1: because it is the only oil American oil major that's 13 00:00:37,840 --> 00:00:41,400 Speaker 1: still currently operating in Venezuela. It has been operating under 14 00:00:41,440 --> 00:00:45,920 Speaker 1: special US permission, and so now that things have transpired 15 00:00:46,680 --> 00:00:49,800 Speaker 1: over there, the company is seen as best position among 16 00:00:49,840 --> 00:00:53,760 Speaker 1: the oil giants to immediately benefit from greater US access 17 00:00:53,800 --> 00:00:57,560 Speaker 1: to the world's largest crude reserves. Now, President Trump did 18 00:00:57,600 --> 00:00:59,960 Speaker 1: say that US oil companies will spend billions of dollars 19 00:01:00,080 --> 00:01:03,800 Speaker 1: to rebuild Venezuel's crumbling energy infrastructure, But then some analysts 20 00:01:03,800 --> 00:01:06,000 Speaker 1: are saying that the cost of that is going to 21 00:01:06,040 --> 00:01:08,880 Speaker 1: be upwards of one hundred billion dollars. So it's just 22 00:01:08,880 --> 00:01:11,479 Speaker 1: a question of you know, are these oil companies willing 23 00:01:11,520 --> 00:01:14,200 Speaker 1: to spend that money to popefully make some money. 24 00:01:14,240 --> 00:01:16,280 Speaker 3: It's funny we had we had Ad Morse on Bloomberg's 25 00:01:16,280 --> 00:01:18,920 Speaker 3: Evans earlier, Tom Keen and Ad Morse, one of the 26 00:01:19,000 --> 00:01:22,319 Speaker 3: leading energy experts in the world. He said, well, it's 27 00:01:22,319 --> 00:01:24,440 Speaker 3: going to be tough for those for companies to make 28 00:01:24,440 --> 00:01:28,440 Speaker 3: that investment unless they're really sure that there's political political 29 00:01:28,440 --> 00:01:32,640 Speaker 3: stability in Venezuela. And that's a tough call to make. So, yeah, 30 00:01:32,680 --> 00:01:34,840 Speaker 3: they they would if they in a perfect world, they 31 00:01:34,840 --> 00:01:36,920 Speaker 3: would invest in Venezuela to get access to that crew, 32 00:01:37,000 --> 00:01:40,440 Speaker 3: but they need stability. Yeah, and it's a it remains 33 00:01:40,440 --> 00:01:41,760 Speaker 3: to be seen how long it's going to take to 34 00:01:41,800 --> 00:01:44,679 Speaker 3: get any measure of stability. Christine, what's your second stock? 35 00:01:44,920 --> 00:01:47,319 Speaker 1: Taking a look at in video today's carl its taker 36 00:01:47,480 --> 00:01:50,400 Speaker 1: n VDA. Those shares are just mildly higher today, up 37 00:01:50,400 --> 00:01:52,320 Speaker 1: eight tens of one percent of pairing some of those 38 00:01:52,400 --> 00:01:55,120 Speaker 1: opening gains and of course all eyes and in video 39 00:01:55,200 --> 00:01:58,080 Speaker 1: CEO Jensen Wall he's going to be making the keynote 40 00:01:58,080 --> 00:02:01,280 Speaker 1: address at the CEES to showcase in Las Vegas that 41 00:02:01,360 --> 00:02:04,880 Speaker 1: kicks off this afternoon, you know, and video's always a 42 00:02:04,920 --> 00:02:07,920 Speaker 1: big hit in that showcase. Gens and wants speeches and 43 00:02:07,960 --> 00:02:10,400 Speaker 1: appearance is always a big hit there. But it's interesting 44 00:02:10,400 --> 00:02:13,920 Speaker 1: because that show of course it includes investors, includes companies, 45 00:02:13,960 --> 00:02:17,240 Speaker 1: but also consumers, and so this is a good opportunity 46 00:02:17,320 --> 00:02:21,360 Speaker 1: for Nvidia but also other companies to test consumer demand 47 00:02:21,600 --> 00:02:24,960 Speaker 1: for AI. Other news related to in video of course 48 00:02:25,040 --> 00:02:27,960 Speaker 1: it's a partner. Han Hi in Taiwan reported a twenty 49 00:02:28,000 --> 00:02:31,200 Speaker 1: two percent sales increase for the quarter ended December. 50 00:02:31,360 --> 00:02:32,840 Speaker 3: Coinbase Coinbase. 51 00:02:32,960 --> 00:02:33,680 Speaker 2: Let's take a look at. 52 00:02:33,600 --> 00:02:36,200 Speaker 1: Coinbase that is doing really well today. So chick our 53 00:02:36,320 --> 00:02:39,280 Speaker 1: coi and those shares are up more than seven percent. 54 00:02:39,360 --> 00:02:42,000 Speaker 1: It's set for the biggess big gain since October and 55 00:02:42,160 --> 00:02:44,960 Speaker 1: it's all about the Goldman Sacks upgrades. So the Goldman 56 00:02:45,040 --> 00:02:48,920 Speaker 1: Sacks upgraded a stock to buy from neutral previously and 57 00:02:48,960 --> 00:02:51,400 Speaker 1: the price target now a three hundred three dollars, so 58 00:02:51,400 --> 00:02:54,680 Speaker 1: that's about a twenty percent upside from current levels. Goldman 59 00:02:54,760 --> 00:02:58,680 Speaker 1: analyst saying that Coinbase is rapidly growing. Subscription and services 60 00:02:58,720 --> 00:03:02,320 Speaker 1: offerings have risen from less than five percent to forty 61 00:03:02,360 --> 00:03:04,480 Speaker 1: percent revenue over the past five years, and so they're 62 00:03:04,520 --> 00:03:07,600 Speaker 1: thinking now that it does deserve a higher pe and 63 00:03:07,880 --> 00:03:09,240 Speaker 1: that's why they're upgrading that sluck. 64 00:03:10,560 --> 00:03:14,799 Speaker 2: The Stockmovers Report from Bloomberg Radio. 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