WEBVTT - Airlines Soar, Oracle Sinks, Intel Gains

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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 3>Let's take a look at some stocks on the move

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<v Speaker 3>Today'm Tim Stanebeck along with Carol Mass. We are joined

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<v Speaker 3>by Bloomberg News Equators reporter Avalon Parnell. What are you

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<v Speaker 3>watching ahead of SpaceX's IPO.

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<v Speaker 4>Yes, there's so much happening in the market today, especially after,

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<v Speaker 4>as you mentioned, President trump comments earlier today. Delta Airlines

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<v Speaker 4>that's ticker DL and United Airlines ticker UL both rising

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<v Speaker 4>more than four percent. Delta's up four point five percent.

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<v Speaker 4>United Airlines is up nearly six percent, and that's after

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<v Speaker 4>President Trump said the final points of an Iran deal

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<v Speaker 4>are all wrapped up and called off planned strikes on

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<v Speaker 4>the country. Airlines are obviously taking this as a very

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<v Speaker 4>bullish signal that a drop and fuel costs could be

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<v Speaker 4>on the horizon, which obviously also could lift pressure on consumers,

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<v Speaker 4>but important to still remain cautious since Iranian media says

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<v Speaker 4>the country has not approved any agreement with the US.

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<v Speaker 1>Yeah, I mean, listen, you pull up. I'm just pulling

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<v Speaker 1>up the S and P supercomposite airline antics, Like, there

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<v Speaker 1>is a very clear chart that is going to mark

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<v Speaker 1>a lot of names today and it's kind of like

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<v Speaker 1>da da da da da da da boop like up

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<v Speaker 1>to the upside. Sorry, I know I make noises, but

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<v Speaker 1>it's really fascinating. The whole group is up about five percent,

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<v Speaker 1>so you get it. There's a fundamental change potentially, But

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<v Speaker 1>as you said, the caveat until we see everything signed

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<v Speaker 1>on the dotted line. We got to be kind of

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<v Speaker 1>smart and cautious here.

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<v Speaker 3>That's still above ninety dollars a barrel.

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<v Speaker 1>Right, you know, I don't know when's the last time

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<v Speaker 1>you looked at December futures or November futures?

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<v Speaker 3>Not recently.

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<v Speaker 1>Yeah, but I mean we know that the trend in

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<v Speaker 1>energy prices was expected to stay higher because it's going

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<v Speaker 1>to take some time to really fix everything that has

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<v Speaker 1>been damaged over the Middle East. All right, So Airlines

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<v Speaker 1>Delta United, you're watching, Oracle, you're also watching as a

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<v Speaker 1>result of earnings last night.

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<v Speaker 4>We thought it was going to be the biggest story today.

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<v Speaker 4>That's ticker o RCL currently falling about nine point five

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<v Speaker 4>percent right now, that's after mounting data center costs overshadowed

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<v Speaker 4>the fourth quarter results, which only slightly topped expectations. Important

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<v Speaker 4>to note that the street was looking for Oracles results

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<v Speaker 4>to provide more support for the AI trade, especially since

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<v Speaker 4>it's kind of grown shaky lately. Instead, it left Wall

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<v Speaker 4>Street analysts fairly split. City pointing out that the full

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<v Speaker 4>year EPs guidance, which they say was fairly underwhelming on

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<v Speaker 4>gross margin pressure, while Barclays is saying that the report

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<v Speaker 4>was good enough, though questions are likely still going to

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<v Speaker 4>come about that capex.

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<v Speaker 3>What I'm looking at December futures for.

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<v Speaker 1>And oh I knew, I knew I was going to

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<v Speaker 1>lose them.

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<v Speaker 3>That's what happens. Still above eighty five dollars a barrel

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<v Speaker 3>in December.

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<v Speaker 1>I mean, this is We've talked to folks about this.

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<v Speaker 3>This is a curve that is not moving lower much.

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<v Speaker 1>Yeah, so we'll see right like, let's you know, takes

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<v Speaker 1>takes time to fix all of this and kind of

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<v Speaker 1>get sorry.

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<v Speaker 3>Well, And I also thought Oracle would be the biggest

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<v Speaker 3>story of the day yesterday. Yesterday I said, this is

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<v Speaker 3>what's going to drive the trade tomorrow. I couldn't have

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<v Speaker 3>been more No, but you could.

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<v Speaker 1>Have just said seven conductors, because we talked about seven

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<v Speaker 1>conductors yesterday which were under pressure today writing.

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<v Speaker 4>High exactly, I mean Intel. That's ticker i INTC currently

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<v Speaker 4>jumping eight point two percent, and that's after Bank of

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<v Speaker 4>America had a double upgrade of the stock to buy

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<v Speaker 4>from underperform on increasing confidence in Intel's ability to succeed

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<v Speaker 4>in the AI era. Part of that certainty is coming

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<v Speaker 4>from Intel's expected CPU sales growth just earlier this week,

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<v Speaker 4>the information reporting that Google will likely rely on Intel

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<v Speaker 4>for more than three million of those AI chips, and

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<v Speaker 4>just keep on stacking up the different things that are

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<v Speaker 4>really just the right steps in the right direction for

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<v Speaker 4>Intel CEO for that turnaround.

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<v Speaker 3>Yeah, shares are only up tow hundred and fortunate percenters here, So.

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<v Speaker 2>Yeah, the stock mover's report from Bloomberg Radio. Check back

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