WEBVTT - FTAI, Energy Stocks, ON24 Rise

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

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

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

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<v Speaker 1>We do have a lot of individual stock movers, so

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<v Speaker 1>let's take a look under the hood. Bloomberg's Natalia Knijevitch

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<v Speaker 1>joins us and she's kicking it off with FTAI Aviation,

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<v Speaker 1>a household name Natalia.

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<v Speaker 3>Yeah, so shares are up by almost ten percent. This

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<v Speaker 3>is an airspace company. It producers aircraft, does aircraft leasing

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<v Speaker 3>and engine leasing as well. So the company started a

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<v Speaker 3>program to convert some of its engines to turbines, basically

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<v Speaker 3>providing power for data centers. Yeah, so the production is

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<v Speaker 3>expected to begin in twenty twenty six. I don't know

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<v Speaker 3>how often you see companies from aerospace company sector provide

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<v Speaker 3>in power to data centers, but this is a this

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<v Speaker 3>is an interesting move. So the company expects to provide

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<v Speaker 3>the market with a twenty five megawatt unit. It says

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<v Speaker 3>it has capacity to deliver over our one hundred units.

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<v Speaker 1>Now.

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<v Speaker 3>Jeffers analysts are saying that assuming the average selling price

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<v Speaker 3>would be about twenty million dollars, that could be worth

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<v Speaker 3>of about seven hundred and fifty million dollars of EBIDA.

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<v Speaker 2>So it is a ing.

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<v Speaker 4>Every company out there is trying to get the AI

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<v Speaker 4>win in their sales somehow. So for an aviation company, yeah,

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<v Speaker 4>I'm in the power business, I'll go power up with

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<v Speaker 4>data center. That makes sense. How about the oil business,

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<v Speaker 4>what's going on there at the oil stocks?

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<v Speaker 3>Yeah, so we see if we look at the C

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<v Speaker 3>and P five hundred biggest movers and decliners, we see

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<v Speaker 3>that oil price oil stocks are among the biggest gainers today.

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<v Speaker 3>Oil prices actually are not moving that much. But overall,

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<v Speaker 3>it is a pretty bullish sentiment right now. So on

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<v Speaker 3>the one hand, however, we have this geopolitical tensions in

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<v Speaker 3>Venezuela and Russia and yeahmen. But then on the other hand,

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<v Speaker 3>we have these concerns about oversupply in the crude market.

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<v Speaker 3>We know that this Sunday, OPIC members are expected to

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<v Speaker 3>meet and potentially pause for the supply hikes. Once again,

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<v Speaker 3>the concerns about oversupply continue to increase. So this is

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<v Speaker 3>kind of back and forth crude market. But overall, yes,

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<v Speaker 3>people are pretty bullish on that stops.

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<v Speaker 4>We'll see how that plays on me. Now that I'm

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<v Speaker 4>watching landman, I know that we pruce a lot of

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<v Speaker 4>oil in the US now, yeah, net exporder. Yeah, how

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<v Speaker 4>about that.

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<v Speaker 1>Biggest biggest oil producer in the world.

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<v Speaker 4>Right, the US fracking net.

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<v Speaker 1>We're We're definitely up there. All right, let's talk about

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<v Speaker 1>on twenty four Is it o n twenty four or

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<v Speaker 1>on twenty four I.

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<v Speaker 3>Would say on twenty On twenty the tickers o INTF

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<v Speaker 3>shares are up by thirty seven percent today. So the

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<v Speaker 3>company agreed to be bought by Seavent. This is a

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<v Speaker 3>software business for a total consideration of about four hundred

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<v Speaker 3>million dollars in cash, and this price represents about more

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<v Speaker 3>than sixty percent of premium over the closing price on

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<v Speaker 3>November November ten. Actually, so those companies expect to close

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<v Speaker 3>this transaction in the second half of twenty twenty six.

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<v Speaker 3>Goldman Sucks is an exclusive financier. And then again, when

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<v Speaker 3>the company published earnings in early November, they already said

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<v Speaker 3>that they see some offers of a potential acquisition. It

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<v Speaker 3>is an unprofitable business. When you look at FA function

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<v Speaker 3>on Bloomberg terminal, it says that revenue is declining, but

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<v Speaker 3>losses are kind of narrowing. So that's that's the deal.

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<v Speaker 2>Nevertheless, software us the Stock mover's Report from Bloomberg Radio.

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<v Speaker 2>Check back with us throughout the day for the latest

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<v Speaker 2>roundup of companies making news on Wall Street and for

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<v Speaker 2>the latest market moving headlines. Listen to Bloomberg Radio Live,

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<v Speaker 2>HM