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Speaker 1: Bloomberg Audio Studios Podcasts, Radio News, The.

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Speaker 2: Stock Movers podcast, your roundup of companies making moves in

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Speaker 2: the stock market, harnessing the power of Bloomberg Data.

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Speaker 3: I'm Carol Messer along with him Stanvik.

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Speaker 1: Let's get to some of the stacks on the.

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Speaker 3: Move on this Monday. Bloomberg News Earnings reporter Red Brown

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Speaker 3: in the house. Cruise Lines Norwegian, what's up with that?

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Speaker 4: Yeah, Cruise Lines of Norwegian Cruise Line Holdings was one

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Speaker 4: of those.

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Speaker 5: Stocks that really reacted quite sharply too a lot of

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Speaker 5: the news over the last forty eight hours. That ticker

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Speaker 5: is ncl H. They were down as much as seven

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Speaker 5: point six percent today before recovering like much of the market.

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Speaker 5: That king swing, right, It was, yeah, from quite quite

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Speaker 5: a big swing, and these stocks have been moving around

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Speaker 5: as you know, news filters in through them from the

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Speaker 5: Middle East. Most of much of this is kind of

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Speaker 5: coming down to just a negative feeling towards where oil

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Speaker 5: prices are going to be. Norwegian does hedge some of

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Speaker 5: those prices. Other cruise lines to as well. But we'll see,

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Speaker 5: actually we'll get a good reading on kind of what

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Speaker 5: the demand impact of this whole situation will be tomorrow

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Speaker 5: when Carnival reports in the morning, and that will give

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Speaker 5: us a really nice read through into Norwegian and what

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Speaker 5: their customers are feeling, what they're hearing from some of

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Speaker 5: their partners, things like that there is a feeling that

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Speaker 5: Norwegian might be the most exposed to any kind of

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Speaker 5: downturn within demand, just their most premium within the three

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Speaker 5: big names in ocean cruising. So yeah, we'll get a

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Speaker 5: lot more information tomorrow hopefully.

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Speaker 3: Was there an actual downgrade this morning?

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Speaker 5: There was also an analyst downgrade as well, which I

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Speaker 5: think is also not helping Norwegian. I think it was

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Speaker 5: a downgrade from buy to hold, just kind of feeling like,

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Speaker 5: you know, best price, but the company is down I

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Speaker 5: think around twenty nine percent this year, so not having

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Speaker 5: the best year in general, but that's after triple digit

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Speaker 5: gains over the last two or three.

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Speaker 4: So reveal is a Constellation.

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Speaker 1: Energy or about Norwegian?

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Speaker 4: Oh sorry, there's a preemptive barrel. Was part of this?

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Speaker 1: Did part of today's actively have to do with concern

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Speaker 1: about just people traveling? Because we did see airlines stocks

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Speaker 1: move lower and then they moved higher later when oil

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Speaker 1: prices went down, and also when it seemed like that

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Speaker 1: was an isolated incident on that American base and cutter.

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Speaker 4: Yeah, no, I think I think that's fair.

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Speaker 5: I mean it's I think we always see this move

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Speaker 5: whenever there is a little bit of geopolitical risk in general.

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Speaker 5: You know, these companies are out all out of that region.

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Speaker 5: You know, they moved out after twenty twenty three October seventh.

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Speaker 5: But I think still, you know, if you're a consumer

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Speaker 5: and you're thinking about your discretionary budget, if there's a

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Speaker 5: potential for a wider conflict, I think that does raise

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Speaker 5: a lot of questions. One thing the cruises do have

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Speaker 5: to their benefit that the airlines might not have. There

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Speaker 5: is people book really far in advance. But again, you know,

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Speaker 5: if you're surely uncertain and unsafe about traveling, maybe you

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Speaker 5: second guess whether or not you actually go through with

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Speaker 5: that tripman, you spend less, a little less on board

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Speaker 5: things like that.

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Speaker 3: So yeah, we have had the US, I think in

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Speaker 3: other countries also, but the is urging travelers to be careful,

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Speaker 3: like when overseas. So we have seen some caution questionary

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Speaker 3: words from the US. All right, can I do the

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Speaker 3: drum roll please please? Okay, it's a Constellation Energy or

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Speaker 3: Consolation brands.

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Speaker 5: Ticker please it is CEG Constellation Energy. So I think

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Speaker 5: someone knows somebody five dollars but.

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Speaker 4: Shata no you pay to me, I no idea? All right,

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Speaker 4: go ahead, right sorry.

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Speaker 5: Shares are up around we're we're up around three point

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Speaker 5: four percent today. And you know, this is a utility company.

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Speaker 5: They have three nuclear energy plants in New York State,

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Speaker 5: so shares are moving off of news that the governor here,

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Speaker 5: Kathy Hochel, is exploring another plant within the state.

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Speaker 4: You know, it's it's it's pretty interesting to me.

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Speaker 5: You know, this is a utility company and kind of

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Speaker 5: synonymous with boring, you know, just regular paying dividends. But

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Speaker 5: this stocks up forty percent this year off of a

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Speaker 5: lot of good news around nuclear power kind of at

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Speaker 5: the center of this like refurbished image that that nuclear

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Speaker 5: is getting following Meta also announcing that they'll be doing

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Speaker 5: a big deal with Constellation.

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Speaker 4: Yeah, they're all like.

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Speaker 3: All the big hyperscalers, you're lining up with these utilities.

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Speaker 3: That stock almost doubled last year, was that like ninety

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Speaker 3: one percent? I mean it has just been on a

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Speaker 3: tear and it really is that AI play right in

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Speaker 3: the power demands.

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Speaker 4: Yeah, some extent.

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Speaker 5: Yeah, it's I mean tech and now politicians all kind

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Speaker 5: of getting behind nuclear power after years of not.

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Speaker 1: I mean, we had Indian Point here just outside of

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Speaker 1: New York City, go up the Hudson for years that

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Speaker 1: was an operating nuclear power plant. No longer. There was

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Speaker 1: a lot of pushback yep in the two thousands, in

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Speaker 1: the nineties to nuclear power, and I think a lot

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Speaker 1: of people would say it was not I don't want

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Speaker 1: to say unwarranted, but I want to say maybe it

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Speaker 1: was pre Maybe they're those now who say those should

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Speaker 1: have been kept open.

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Speaker 3: Wasn't it the Indian power plantment? Husband and I were

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Speaker 3: talking about this weekend. Wasn't it used to like water

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Speaker 3: would come down to like power like hydro, and then

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Speaker 3: it was used to kind of push the water back up.

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Speaker 4: I got to check.

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Speaker 3: I got a Google, So don't quote me on that.

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Speaker 3: Don't get me in trouble. Okay, where do you want

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Speaker 3: to go?

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Speaker 4: And your husband? A very intellectual conversations really show you cut?

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Speaker 4: Are you can say so yourself? Sorry? Go ahead, right brow? Yeah,

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Speaker 4: something that maybe a little less intellectual, be cosmetics, makeup?

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Speaker 2: All right?

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Speaker 3: What do you got?

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Speaker 4: We have estay laud that ticker is just e L.

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Speaker 5: Shares finished up around five percent today and that was

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Speaker 5: off of the Deutsche Bank analysts upgrading their rating for

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Speaker 5: the stock, and that's actually maybe a little bit counterintuitive.

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Speaker 5: The reasoning behind the upgrade was because of the company's

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Speaker 5: efforts to diversify away from China, which for so long

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Speaker 5: has been so important for these discretionary companies. As you know,

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Speaker 5: the middle class in China has grown, discretionary budgets have

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Speaker 5: grown alongside that.

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Speaker 4: But now just kind of I think the overexposure within that.

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Speaker 5: They may have the pendulum maybe a song too far,

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Speaker 5: so Estate latter is really making an effort to kind of,

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Speaker 5: you know, make sure they're well well.

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Speaker 4: Exposed to all of Asia, well exposed to Europe.

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Speaker 5: Still things like that, and yeah, all systems go, I

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Speaker 5: guess for it's.

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Speaker 4: A big moves today.

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Speaker 2: throughout the day for the latest roundup of companies making

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