Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg Data.
Speaker 3: Let's take a look at some stocks on the move
Speaker 3: Today'm Tim Stanebeck along with Carol Mass. We are joined
Speaker 3: by Bloomberg News Equators reporter Avalon Parnell. What are you
Speaker 3: watching ahead of SpaceX's IPO.
Speaker 4: Yes, there's so much happening in the market today, especially after,
Speaker 4: as you mentioned, President trump comments earlier today. Delta Airlines
Speaker 4: that's ticker DL and United Airlines ticker UL both rising
Speaker 4: more than four percent. Delta's up four point five percent.
Speaker 4: United Airlines is up nearly six percent, and that's after
Speaker 4: President Trump said the final points of an Iran deal
Speaker 4: are all wrapped up and called off planned strikes on
Speaker 4: the country. Airlines are obviously taking this as a very
Speaker 4: bullish signal that a drop and fuel costs could be
Speaker 4: on the horizon, which obviously also could lift pressure on consumers,
Speaker 4: but important to still remain cautious since Iranian media says
Speaker 4: the country has not approved any agreement with the US.
Speaker 1: Yeah, I mean, listen, you pull up. I'm just pulling
Speaker 1: up the S and P supercomposite airline antics, Like, there
Speaker 1: is a very clear chart that is going to mark
Speaker 1: a lot of names today and it's kind of like
Speaker 1: da da da da da da da boop like up
Speaker 1: to the upside. Sorry, I know I make noises, but
Speaker 1: it's really fascinating. The whole group is up about five percent,
Speaker 1: so you get it. There's a fundamental change potentially, But
Speaker 1: as you said, the caveat until we see everything signed
Speaker 1: on the dotted line. We got to be kind of
Speaker 1: smart and cautious here.
Speaker 3: That's still above ninety dollars a barrel.
Speaker 1: Right, you know, I don't know when's the last time
Speaker 1: you looked at December futures or November futures?
Speaker 3: Not recently.
Speaker 1: Yeah, but I mean we know that the trend in
Speaker 1: energy prices was expected to stay higher because it's going
Speaker 1: to take some time to really fix everything that has
Speaker 1: been damaged over the Middle East. All right, So Airlines
Speaker 1: Delta United, you're watching, Oracle, you're also watching as a
Speaker 1: result of earnings last night.
Speaker 4: We thought it was going to be the biggest story today.
Speaker 4: That's ticker o RCL currently falling about nine point five
Speaker 4: percent right now, that's after mounting data center costs overshadowed
Speaker 4: the fourth quarter results, which only slightly topped expectations. Important
Speaker 4: to note that the street was looking for Oracles results
Speaker 4: to provide more support for the AI trade, especially since
Speaker 4: it's kind of grown shaky lately. Instead, it left Wall
Speaker 4: Street analysts fairly split. City pointing out that the full
Speaker 4: year EPs guidance, which they say was fairly underwhelming on
Speaker 4: gross margin pressure, while Barclays is saying that the report
Speaker 4: was good enough, though questions are likely still going to
Speaker 4: come about that capex.
Speaker 3: What I'm looking at December futures for.
Speaker 1: And oh I knew, I knew I was going to
Speaker 1: lose them.
Speaker 3: That's what happens. Still above eighty five dollars a barrel
Speaker 3: in December.
Speaker 1: I mean, this is We've talked to folks about this.
Speaker 3: This is a curve that is not moving lower much.
Speaker 1: Yeah, so we'll see right like, let's you know, takes
Speaker 1: takes time to fix all of this and kind of
Speaker 1: get sorry.
Speaker 3: Well, And I also thought Oracle would be the biggest
Speaker 3: story of the day yesterday. Yesterday I said, this is
Speaker 3: what's going to drive the trade tomorrow. I couldn't have
Speaker 3: been more No, but you could.
Speaker 1: Have just said seven conductors, because we talked about seven
Speaker 1: conductors yesterday which were under pressure today writing.
Speaker 4: High exactly, I mean Intel. That's ticker i INTC currently
Speaker 4: jumping eight point two percent, and that's after Bank of
Speaker 4: America had a double upgrade of the stock to buy
Speaker 4: from underperform on increasing confidence in Intel's ability to succeed
Speaker 4: in the AI era. Part of that certainty is coming
Speaker 4: from Intel's expected CPU sales growth just earlier this week,
Speaker 4: the information reporting that Google will likely rely on Intel
Speaker 4: for more than three million of those AI chips, and
Speaker 4: just keep on stacking up the different things that are
Speaker 4: really just the right steps in the right direction for
Speaker 4: Intel CEO for that turnaround.
Speaker 3: Yeah, shares are only up tow hundred and fortunate percenters here, So.
Speaker 2: Yeah, the stock mover's report from Bloomberg Radio. Check back
Speaker 2: with us throughout the day for the latest roundup of
Speaker 2: companies making news on Wall Street and for the latest
Speaker 2: market moving headlines. Listen to Bloomberg Radio Live, catch us
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