WEBVTT - Levi Strauss Jumps, Delta Airlines Up, Venture Global Drops on US, Iran Ceasefire 

0:00:02.520 --> 0:00:07.360
<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news.

0:00:08.560 --> 0:00:12.440
<v Speaker 2>The Stock Movers Report, your roundup of companies making moves

0:00:12.480 --> 0:00:15.880
<v Speaker 2>in the stock market, harnessing the power of Bloomberg data.

0:00:16.520 --> 0:00:18.040
<v Speaker 3>Let's take a look at some of the stocks on

0:00:18.079 --> 0:00:20.159
<v Speaker 3>the move today, and there are plenty. We can do that,

0:00:20.239 --> 0:00:22.560
<v Speaker 3>but Bloomberg's Billy lipshow, Philly, what are you looking at?

0:00:22.760 --> 0:00:24.840
<v Speaker 4>I want to start with one stock moving on strictly

0:00:24.880 --> 0:00:28.440
<v Speaker 4>fundamentals news, and that's Levi Strauss Tiker Ellie v I

0:00:28.640 --> 0:00:30.560
<v Speaker 4>right now. The stock up more than twelve percent. This

0:00:30.680 --> 0:00:34.320
<v Speaker 4>came after beating expectations with their last quarterly earnings.

0:00:34.360 --> 0:00:37.920
<v Speaker 1>I don't know if you guys watched the show Love Story. Nop, No,

0:00:38.040 --> 0:00:39.160
<v Speaker 1>I didn't. I did, I did?

0:00:39.280 --> 0:00:39.600
<v Speaker 2>I did?

0:00:39.640 --> 0:00:43.519
<v Speaker 1>All right, so we got right Hey, talk to me

0:00:43.560 --> 0:00:43.920
<v Speaker 1>about this.

0:00:44.159 --> 0:00:49.479
<v Speaker 4>So apparently, the the fact that the Levi's five seventeen

0:00:49.640 --> 0:00:51.840
<v Speaker 4>style are prominently.

0:00:51.280 --> 0:00:54.760
<v Speaker 1>Featured in the show has led the youths really to go.

0:00:54.640 --> 0:00:57.600
<v Speaker 3>Online by share, by the way, news splash, All things

0:00:57.680 --> 0:00:59.880
<v Speaker 3>nineties are back in voguefield.

0:01:00.480 --> 0:01:03.400
<v Speaker 1>I'm redeemed. Thank you, we're in our sweet spot right now.

0:01:03.520 --> 0:01:05.800
<v Speaker 1>We are were my friend, my closet's looking good. Oh

0:01:06.000 --> 0:01:07.520
<v Speaker 1>I was going to ask did you keep the stuff

0:01:07.520 --> 0:01:09.640
<v Speaker 1>that you wore in the nineties or sadly I did

0:01:09.840 --> 0:01:12.039
<v Speaker 1>you know? There are a number of pieces I would

0:01:12.080 --> 0:01:13.800
<v Speaker 1>have to say that are still there for my daughter's

0:01:13.880 --> 0:01:16.360
<v Speaker 1>enjoying them now. So there anyway, I go ahead, go

0:01:16.400 --> 0:01:18.919
<v Speaker 1>on with your stock. Oh, you're good. So the stock's

0:01:18.959 --> 0:01:19.319
<v Speaker 1>up on that.

0:01:19.400 --> 0:01:22.959
<v Speaker 4>Obviously, there was some uncertainty about the the kind of

0:01:23.120 --> 0:01:26.000
<v Speaker 4>state of the consumer, US consumer in particular. I also

0:01:26.200 --> 0:01:28.320
<v Speaker 4>wanted to call out that the company did tout their

0:01:28.360 --> 0:01:31.200
<v Speaker 4>direct to consumer strategy, so online sales going you know,

0:01:31.280 --> 0:01:33.640
<v Speaker 4>straight to people buying from Levi's dot com as.

0:01:33.520 --> 0:01:35.720
<v Speaker 1>Opposed to going to your local uh store.

0:01:35.880 --> 0:01:38.680
<v Speaker 4>So Levi Strauss ticker l ev I right now up

0:01:38.720 --> 0:01:41.319
<v Speaker 4>thirteen percent, biggest gained since April twenty twenty five.

0:01:41.360 --> 0:01:43.960
<v Speaker 1>Okay, wait was the Levi's five seventeen? You said, yeah, okay,

0:01:44.000 --> 0:01:44.319
<v Speaker 1>all right.

0:01:45.240 --> 0:01:47.319
<v Speaker 3>I am a Levi's customer, by the way, not Lee

0:01:47.480 --> 0:01:50.040
<v Speaker 3>or not Wrangler or not Matt Miller who does like

0:01:50.560 --> 0:01:51.320
<v Speaker 3>European styles.

0:01:51.320 --> 0:01:53.760
<v Speaker 1>It's a boogy guy exactly. So the boy, Yeah, We've

0:01:53.840 --> 0:01:56.280
<v Speaker 1>give that enough. What's next on your list?

0:01:56.400 --> 0:01:59.920
<v Speaker 4>Bailie looking at the travel space so uh looking at

0:02:00.160 --> 0:02:03.480
<v Speaker 4>shares of Delta ticker DAL right now up almost nine percent,

0:02:03.520 --> 0:02:06.240
<v Speaker 4>biggest gain in about two months.

0:02:06.320 --> 0:02:09.600
<v Speaker 1>Right now. This does come partly after we saw oil and.

0:02:09.520 --> 0:02:12.120
<v Speaker 4>Pretty much anything in the energy space pulling back, so

0:02:12.200 --> 0:02:14.280
<v Speaker 4>crude right now at about ninety three dollars a barrel,

0:02:14.320 --> 0:02:17.079
<v Speaker 4>but also calling out that the company beat expectations, was

0:02:17.160 --> 0:02:19.840
<v Speaker 4>quite bullish on what the quarters ahead could look like.

0:02:20.680 --> 0:02:23.680
<v Speaker 4>Executives really touting that travel demand remains healthy and that

0:02:23.720 --> 0:02:27.000
<v Speaker 4>they do also have the ability to increase fares in fees,

0:02:27.080 --> 0:02:30.000
<v Speaker 4>so certainly something that consumers will not like. People who

0:02:30.040 --> 0:02:32.320
<v Speaker 4>are booking flights. I know Paul is not a fan

0:02:32.360 --> 0:02:33.880
<v Speaker 4>of the friendly skies.

0:02:34.040 --> 0:02:37.680
<v Speaker 3>But if I'm a million mile mile flyer with United,

0:02:38.040 --> 0:02:41.679
<v Speaker 3>all right, yep, so anyway, I'm only flying with people

0:02:41.800 --> 0:02:42.600
<v Speaker 3>pay me to fly, all right?

0:02:42.600 --> 0:02:43.359
<v Speaker 1>How about one more than that?

0:02:43.520 --> 0:02:44.160
<v Speaker 3>Yes? What's going on?

0:02:44.240 --> 0:02:44.400
<v Speaker 2>Yeh.

0:02:44.480 --> 0:02:46.799
<v Speaker 4>Neck Gas also under a bit of pressure, So nat

0:02:46.840 --> 0:02:49.800
<v Speaker 4>gas futures LNG right now down about five percent. So

0:02:49.840 --> 0:02:52.440
<v Speaker 4>that's weighing on the companies that move that stuff. So

0:02:52.560 --> 0:02:55.160
<v Speaker 4>Venture Global one, we want to highlight ticker VG down

0:02:55.200 --> 0:02:58.880
<v Speaker 4>about fourteen percent right now, biggest drop since October.

0:02:59.360 --> 0:03:01.359
<v Speaker 1>Again, much as you see kind.

0:03:01.240 --> 0:03:03.919
<v Speaker 4>Of the knock on effects from anything around oil, LNG

0:03:04.160 --> 0:03:07.000
<v Speaker 4>gas prices. You're going to see kind of the investors

0:03:07.080 --> 0:03:08.960
<v Speaker 4>rotating away from some of the companies that benefit from

0:03:09.040 --> 0:03:09.520
<v Speaker 4>higher pricing.

0:03:10.760 --> 0:03:14.800
<v Speaker 2>This Stock Movers report from Bloomberg Radio. Check back with

0:03:14.880 --> 0:03:17.440
<v Speaker 2>us throughout the day for the latest roundup of companies

0:03:17.520 --> 0:03:20.640
<v Speaker 2>making news on Wall Street and for the latest market

0:03:20.639 --> 0:03:25.120
<v Speaker 2>moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

0:03:25.200 --> 0:03:28.720
<v Speaker 2>Bloomberg dot com, and on Applecarplay and Android Auto with

0:03:28.760 --> 0:03:30.280
<v Speaker 2>the Bloomberg Business app.