1 00:00:02,520 --> 00:00:07,440 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:16,160 Speaker 2: in the stock market. Harnessing the power of Bloomberg Data. 4 00:00:16,560 --> 00:00:18,680 Speaker 1: Let's get a sense of kind of what's moving out 5 00:00:18,680 --> 00:00:19,960 Speaker 1: there on the individual stock club. 6 00:00:20,000 --> 00:00:22,160 Speaker 2: We could do that today with Bloomberg's. 7 00:00:21,760 --> 00:00:24,480 Speaker 3: Natalia Kenny Jevich, Natali, what are you looking at today, guys? 8 00:00:24,520 --> 00:00:27,479 Speaker 3: Of course, retail isn't focus today. Let's start with Lulu LeMans. 9 00:00:27,920 --> 00:00:31,880 Speaker 3: The ticker's lul ushers are down by our up, excuse me, 10 00:00:32,040 --> 00:00:34,800 Speaker 3: by three percent. So the company reported net revenue for 11 00:00:34,880 --> 00:00:38,720 Speaker 3: the America's which was done by four percent. Then net 12 00:00:38,800 --> 00:00:43,159 Speaker 3: revenue forecast for the full year actually came way below expectations. 13 00:00:43,479 --> 00:00:47,760 Speaker 3: Bloomberg Intelligence is saying that this basically reflects difficulties for 14 00:00:47,840 --> 00:00:52,720 Speaker 3: the company to reset its US business. However, international sales 15 00:00:52,800 --> 00:00:57,600 Speaker 3: grew strong, specifically China, but as many analysts pointed out, 16 00:00:57,720 --> 00:01:00,960 Speaker 3: that's not enough to counter the US weakness. And of course, 17 00:01:01,040 --> 00:01:05,120 Speaker 3: everyone wants to see a new CEO. Some analysts expected 18 00:01:05,200 --> 00:01:07,880 Speaker 3: that this new announcement would come today, but it didn't happen, 19 00:01:08,000 --> 00:01:11,800 Speaker 3: and many analysts, including Jeffries, are saying that without a 20 00:01:11,880 --> 00:01:17,160 Speaker 3: credible permanent CEO. Convictions states low and the stock looks 21 00:01:17,560 --> 00:01:18,880 Speaker 3: like quote dead money. 22 00:01:19,080 --> 00:01:21,480 Speaker 1: Yeah, it's just kind of rudderless. And you know that 23 00:01:22,040 --> 00:01:23,640 Speaker 1: at least for now, when you go into the stores, 24 00:01:24,000 --> 00:01:26,360 Speaker 1: not a whole lot of selection. All right, Natali. You're 25 00:01:26,360 --> 00:01:29,520 Speaker 1: also looking at a company whose stock looks like it's 26 00:01:29,600 --> 00:01:32,080 Speaker 1: up seventy percent so far this year, lind Ol Basil. 27 00:01:32,760 --> 00:01:36,520 Speaker 3: Yes, so this is a company that produces plastic chemical 28 00:01:36,640 --> 00:01:39,440 Speaker 3: fuel products. This is very such a hot topic right 29 00:01:39,520 --> 00:01:42,640 Speaker 3: now considering the Middle Eas crisis. So the stock is 30 00:01:42,720 --> 00:01:46,480 Speaker 3: up by three percent a day. The ticker is LYB. 31 00:01:47,000 --> 00:01:50,920 Speaker 3: So we saw that UBS upgraded the chemical chemical company 32 00:01:51,000 --> 00:01:54,640 Speaker 3: to neutral from sell. They also increased price target to 33 00:01:54,760 --> 00:01:58,000 Speaker 3: seventy three dollars from forty two, so that's a pretty 34 00:01:58,040 --> 00:02:01,040 Speaker 3: big move. So they say that overall, as of now, 35 00:02:01,160 --> 00:02:04,600 Speaker 3: they still see some kind of oversupply and petrochemical business. 36 00:02:04,720 --> 00:02:08,639 Speaker 3: But if this conflict in the Middle East, you know, 37 00:02:08,800 --> 00:02:13,600 Speaker 3: stays for longer, we may see really tight supplies for 38 00:02:13,960 --> 00:02:17,239 Speaker 3: much of this year. As a result, they expect excess 39 00:02:17,400 --> 00:02:20,240 Speaker 3: free cash flow for the company for twenty twenty six, 40 00:02:20,960 --> 00:02:23,840 Speaker 3: and many analysts are just saying that the scale of 41 00:02:24,000 --> 00:02:28,400 Speaker 3: supply shock in chemicals market is just underestimated right now. 42 00:02:28,480 --> 00:02:30,720 Speaker 3: So I hope you guys will book this company for 43 00:02:30,800 --> 00:02:33,760 Speaker 3: your show. I think it could be a really interesting conversation. 44 00:02:34,520 --> 00:02:35,839 Speaker 2: Really moving hard. 45 00:02:35,880 --> 00:02:38,760 Speaker 3: There I one more one more, of course, scrypto. We 46 00:02:39,040 --> 00:02:44,959 Speaker 3: look at company Gemini space Station. The tickers GEMI shares 47 00:02:45,000 --> 00:02:49,320 Speaker 3: a down by fifteen percent today. City Group analysts cut 48 00:02:49,400 --> 00:02:53,959 Speaker 3: recommendation to the crypto exchange to sell from mutual price 49 00:02:54,080 --> 00:02:59,040 Speaker 3: target was lowered to five fifty from thirteen. Again, it's 50 00:02:59,080 --> 00:03:01,840 Speaker 3: a pretty big down rate, so they say that they 51 00:03:01,880 --> 00:03:08,239 Speaker 3: see increase increased concerns about company's profitability. They say that 52 00:03:08,560 --> 00:03:12,679 Speaker 3: expected revenue for twenty twenty six can be lowered. Volumes 53 00:03:12,720 --> 00:03:14,960 Speaker 3: are down due to crypto prices. But what I found 54 00:03:15,000 --> 00:03:19,919 Speaker 3: also really interesting that CDM lowered twelvemonth bitcoin price to 55 00:03:20,520 --> 00:03:25,440 Speaker 3: one hundred twelve thousand from one hundred thirty or forty 56 00:03:25,560 --> 00:03:29,679 Speaker 3: three thousand, which is still really optimistic considering the where 57 00:03:29,760 --> 00:03:30,480 Speaker 3: crypto is now. 58 00:03:30,680 --> 00:03:32,920 Speaker 1: Yeaes seventy one thousand for pitcoin at the moment. 59 00:03:34,240 --> 00:03:38,160 Speaker 2: The Stock Movers report from Bloomberg Radio. Check back with 60 00:03:38,320 --> 00:03:40,880 Speaker 2: us throughout the day for the latest roundup of companies 61 00:03:40,960 --> 00:03:44,000 Speaker 2: making news on Wall Street. And for the latest market 62 00:03:44,120 --> 00:03:48,560 Speaker 2: moving headlines. Listen to Bloomberg Radio Live. 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