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Speaker 1: Bloomberg Audio Studios, Podcasts, radio News. The Stock Movers report,

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Speaker 1: your roundup of companies making moves in the stock market,

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Speaker 1: harnessing the power of Bloomberg Data.

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Speaker 2: Let's get a look at some of the stocks on

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Speaker 2: the move today. We're joined by Bloomberg's touch Ona dar Channa.

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Speaker 2: What are you looking at?

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Speaker 3: Well, we'll kick it off with oil refiners like Valero Energy,

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Speaker 3: jumping a five percent after reports the US will ease

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Speaker 3: sanctions on Venezuela, which will allow the company to sell

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Speaker 3: oil indefinitely. And that is boosting the oil refiners because

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Speaker 3: Venezuela is known for its heavy crude oil, which requires

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Speaker 3: a specialized refiner units to remove the impurities and break

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Speaker 3: it down into high value products like gasoline and diesel.

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Speaker 3: And less than half of US refineries have a coker,

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Speaker 3: according to Bloomberg Intelligence, which is the specialized unit you

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Speaker 3: need to do that. And among the publicly traded names

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Speaker 3: those highly complex refiners include Valero, Exxon, Marathon Petroleum, Phillips

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Speaker 3: sixty six, and PBF Energy all getting a boost today.

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Speaker 1: Yeah, we'll continue to watch this because it's certainly a

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Speaker 1: story here that the US refiners are perfectly positioned in

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Speaker 1: a way that others aren't. Let's talk about another commodity name,

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Speaker 1: Newmont Mining.

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Speaker 3: Yeah, staying in the commodity is complex and Newmont shares

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Speaker 3: down three percent, and other piers like Barrick and Royalty

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Speaker 3: company names like Pan American Silver all down in silver

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Speaker 3: and gold pullback after another search at the start of

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Speaker 3: the year. And this comes after silver was already tracking

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Speaker 3: for its best January since twenty seventeen. I mean this,

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Speaker 3: you know, record breaking rally and the names is also

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Speaker 3: causing volatility in the minor space and watch them because

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Speaker 3: it may stay volatile as the rebalancing of the Bloomberg

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Speaker 3: commodities indexes coming up starting tomorrow that may bring more

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Speaker 3: volatility to this space. New Mont shares up nine percent

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Speaker 3: through yesterday after searching one hundred and sixty eight percent

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Speaker 3: linelast year and hovering near a record.

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Speaker 2: What else you hat? One more?

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Speaker 3: And the last one is Mobile Eye Global app six percent,

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Speaker 3: pairing gains as high as eighteen percent earlier. The self

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Speaker 3: driving car system company is set to acquire the Israeli

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Speaker 3: startup Mentee Robotics, and a deal valid at nine hundred

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Speaker 3: million dollars. It seeks to extend its robotics capabilities into

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Speaker 3: humanoid robots, joining other carmakers like Tesla and Hyundai Motor,

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Speaker 3: which acquired Boston Dynamics. The catches that investors will have

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Speaker 3: to wait longer or a long time for the payoff

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Speaker 3: because BI says that existing robots operate at about half

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Speaker 3: of the capacity of humans at the current at complex

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Speaker 3: tax tasks, and companies can expect a return on investment

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Speaker 3: in about a decade. So that may have played a

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Speaker 3: role in why shares are pairing.

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Speaker 2: That saw some crazy video coming out of Las Vegas

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Speaker 2: with the CES conference about these robots doing somersaults and

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Speaker 2: doing all kinds of crazy stuff.

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Speaker 1: Is that helpful though doing some results?

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Speaker 2: I don't know, but.

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Speaker 3: They do things.

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Speaker 1: If they continue doing somersaults, I think we're okay in

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Speaker 1: the job front.

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Speaker 2: Yes, exactly, so we'll see there. But that's pretty cool.

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Speaker 1: Stuck the Stock Movers Report from Bloomberg Radio. Check back

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Speaker 1: with us throughout the day for the latest roundup of

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Speaker 1: companies making news on Wall Street and for the latest

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Speaker 1: market moving headlines. Listen to Bloomberg Radio Live, catch us

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Speaker 1: With the Bloomberg Business app