1 00:00:02,520 --> 00:00:08,720 Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News, The. 2 00:00:08,720 --> 00:00:12,560 Speaker 2: Stock Movers Report, your roundup of companies making moves in 3 00:00:12,600 --> 00:00:15,880 Speaker 2: the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,520 --> 00:00:19,360 Speaker 1: I'm Carol Master along with Tim Stanovic. Let's get to 5 00:00:19,640 --> 00:00:22,720 Speaker 1: some stocks on the move. Bloomberg TV Markets, Crispondant, Normal, 6 00:00:22,720 --> 00:00:25,640 Speaker 1: Linda is in the house with us. Where do you 7 00:00:25,680 --> 00:00:26,880 Speaker 1: want to start, Well. 8 00:00:26,840 --> 00:00:28,720 Speaker 3: Let's talk about some of the biggest gainers in the 9 00:00:28,760 --> 00:00:31,760 Speaker 3: market today. We all know this is oil stocks, of course, 10 00:00:31,920 --> 00:00:35,920 Speaker 3: is after Trump pledged to revive Venezuela's energy sector following 11 00:00:35,960 --> 00:00:40,320 Speaker 3: the capture of Venezuela's president Nicholas Medoro. Trump of course 12 00:00:40,320 --> 00:00:43,160 Speaker 3: saying that they'll spend billions of dollars to rebuild out 13 00:00:43,200 --> 00:00:44,960 Speaker 3: this sector. But we do know that this is a 14 00:00:45,040 --> 00:00:47,640 Speaker 3: multi year process, as we've been hearing from experts, but 15 00:00:47,720 --> 00:00:50,480 Speaker 3: also a full revival could take many years and costs 16 00:00:50,560 --> 00:00:53,400 Speaker 3: upwards of about one hundred billion dollars, is what we've 17 00:00:53,400 --> 00:00:55,680 Speaker 3: been hearing echoed all across the news. 18 00:00:55,680 --> 00:00:57,720 Speaker 1: And you need a stable covers today, right, You need 19 00:00:57,720 --> 00:01:01,320 Speaker 1: a government that's business friendly and wants to support the 20 00:01:01,360 --> 00:01:03,600 Speaker 1: economy and certainly the energy economy. 21 00:01:03,680 --> 00:01:05,400 Speaker 3: Right, And we know, Chevron is actually one of the 22 00:01:05,440 --> 00:01:08,240 Speaker 3: companies that is still operating in Venezuela, unlike a lot 23 00:01:08,240 --> 00:01:10,880 Speaker 3: of its counterparts when we think about the major US 24 00:01:10,880 --> 00:01:14,280 Speaker 3: oil companies. So we are seeing Exxon, Chevron, a few 25 00:01:14,280 --> 00:01:16,000 Speaker 3: of the others as some of the biggest gainers in 26 00:01:16,040 --> 00:01:18,360 Speaker 3: the SP five hundred in terms of percentage action. 27 00:01:19,160 --> 00:01:21,479 Speaker 2: All right, you're also watching Coinbase today. 28 00:01:21,600 --> 00:01:24,440 Speaker 3: Yes, this was actually one of the companies that was 29 00:01:24,480 --> 00:01:26,200 Speaker 3: among the best performing stocks in the S and P 30 00:01:26,280 --> 00:01:30,080 Speaker 3: five hundred. This is after a double upgrade over at Goldman. 31 00:01:30,160 --> 00:01:32,199 Speaker 3: They upgraded it to buy or sorry, not a double upgrade, 32 00:01:32,400 --> 00:01:34,920 Speaker 3: this is one upgrade, let's not get too ahead of ourselves. 33 00:01:35,000 --> 00:01:38,080 Speaker 3: An upgrade to buy from neutral from Goldman, they're essentially 34 00:01:38,120 --> 00:01:40,640 Speaker 3: talking about the growth potential from some of its new 35 00:01:40,680 --> 00:01:44,880 Speaker 3: products like tokenization as well as prediction markets, which we've 36 00:01:44,880 --> 00:01:48,400 Speaker 3: been talking about so much. I know, Carol, No, I mean, listen. 37 00:01:48,200 --> 00:01:49,560 Speaker 1: We were talking about it and the break before we 38 00:01:49,600 --> 00:01:51,320 Speaker 1: got going. I mean, I really do think this is 39 00:01:51,440 --> 00:01:52,960 Speaker 1: going to be I feel like it was a big 40 00:01:53,000 --> 00:01:54,720 Speaker 1: story last year, but it will be an even bigger 41 00:01:54,760 --> 00:01:56,920 Speaker 1: story this year. But anyway, continue, Yes. 42 00:01:56,720 --> 00:01:58,560 Speaker 3: But where we were seeing a double upgrade that was 43 00:01:58,600 --> 00:02:01,480 Speaker 3: with Esta Lauder. We did see shares higher, and this 44 00:02:01,520 --> 00:02:03,160 Speaker 3: is a company that's been battered if you look in 45 00:02:03,240 --> 00:02:06,160 Speaker 3: the past few years from this stock in particular, we 46 00:02:06,200 --> 00:02:08,400 Speaker 3: did see shares with the company up about forty percent 47 00:02:08,440 --> 00:02:10,320 Speaker 3: to end twenty twenty five, but if you look at 48 00:02:10,440 --> 00:02:12,080 Speaker 3: some of the years prior to that, we were seeing 49 00:02:12,120 --> 00:02:15,000 Speaker 3: some pretty substantial declines. But the reason that we already 50 00:02:15,000 --> 00:02:17,480 Speaker 3: getting a double upgrade over here from Raymond James are 51 00:02:17,480 --> 00:02:20,560 Speaker 3: saying that they essentially think that fiscal twenty twenty five 52 00:02:20,800 --> 00:02:23,320 Speaker 3: marked the earnings traw for this company, and they say 53 00:02:23,320 --> 00:02:26,359 Speaker 3: that the turnaround story now shifts to quote unquote execution. 54 00:02:26,520 --> 00:02:27,880 Speaker 3: So we'll have to wait and see whether or not 55 00:02:27,960 --> 00:02:30,080 Speaker 3: this is actually the case. But they did raise the 56 00:02:30,080 --> 00:02:32,840 Speaker 3: price target, making it a Wall Street high. 57 00:02:33,160 --> 00:02:34,920 Speaker 1: I just want to point out, and I'm just going 58 00:02:34,960 --> 00:02:36,239 Speaker 1: back to I don't know if this was the all 59 00:02:36,280 --> 00:02:41,480 Speaker 1: time high. It is down seventy one percent from January 60 00:02:41,480 --> 00:02:43,680 Speaker 1: fourth of twenty twenty two, so that probably was the 61 00:02:43,720 --> 00:02:45,800 Speaker 1: airtime high, but it's been down loined. It's been going 62 00:02:45,800 --> 00:02:48,480 Speaker 1: through a lot of changes. Listen, the cosmetic industry, we know, 63 00:02:49,000 --> 00:02:53,200 Speaker 1: super competitive, lots of new brands every day, and this 64 00:02:53,280 --> 00:02:57,480 Speaker 1: is a storied brand, iconic that has been around for 65 00:02:57,520 --> 00:02:59,960 Speaker 1: a long time, but certainly trying to find its way far. 66 00:03:00,320 --> 00:03:02,040 Speaker 3: Only one cell though I'm looking at the A and 67 00:03:02,120 --> 00:03:04,280 Speaker 3: R page on the terminal. Only one cell on the 68 00:03:04,280 --> 00:03:06,960 Speaker 3: stock which is really interesting to meet. That's from Rothschild. 69 00:03:06,560 --> 00:03:11,800 Speaker 2: Code, the Stockmover's report from Bloomberg Radio. Check back with 70 00:03:11,880 --> 00:03:14,440 Speaker 2: us throughout the day for the latest roundup of companies 71 00:03:14,520 --> 00:03:17,600 Speaker 2: making news on Wall Street and for the latest market 72 00:03:17,639 --> 00:03:22,080 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 73 00:03:22,200 --> 00:03:25,680 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 74 00:03:25,760 --> 00:03:27,240 Speaker 2: the Bloomberg Business app.