1 00:00:02,520 --> 00:00:07,360 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 --> 00:00:16,560 Speaker 2: in the stock market. Harnessing the power of Bloomberg data, We. 4 00:00:16,520 --> 00:00:18,520 Speaker 3: Are going to take a look at some stocks on 5 00:00:18,560 --> 00:00:23,200 Speaker 3: the move with Avalon Parnell, Bloomberg Equities Reporter. Avalon. What 6 00:00:23,280 --> 00:00:23,840 Speaker 3: are you looking at? 7 00:00:24,079 --> 00:00:26,680 Speaker 1: Yeah, we can start off with Mosaic. That's ticker mos. 8 00:00:26,720 --> 00:00:28,960 Speaker 1: It's gaining about four point nine percent today, which makes 9 00:00:29,000 --> 00:00:31,360 Speaker 1: it one of the top performers in the SMP five hundred. 10 00:00:31,760 --> 00:00:34,720 Speaker 1: They join a flurry of chemical and fertilizer stocks that 11 00:00:34,960 --> 00:00:38,360 Speaker 1: are broadly higher amid continued disruptions to the strait of 12 00:00:38,360 --> 00:00:41,240 Speaker 1: hormor moves. We actually have one analyst from National Bank 13 00:00:41,280 --> 00:00:44,279 Speaker 1: Financial saying that the conflict could mean near term upside 14 00:00:44,280 --> 00:00:49,960 Speaker 1: and fertilizer prices supporting strong potash revenues. However, Bloomberg analysts 15 00:00:49,960 --> 00:00:52,800 Speaker 1: are also saying that this is incredibly ill timed, especially 16 00:00:52,840 --> 00:00:55,520 Speaker 1: given the fact that the Northern Hemisphere begins spring planting 17 00:00:55,560 --> 00:00:58,280 Speaker 1: season right about now. So we'll keep an eye on it. 18 00:00:58,800 --> 00:01:01,360 Speaker 4: Right United Airline, now, I'm going to guess I don't 19 00:01:01,400 --> 00:01:04,600 Speaker 4: know if there's specific news out on United, but boy, 20 00:01:04,800 --> 00:01:08,760 Speaker 4: are the airlines continuing to get slammed because twenty percent 21 00:01:08,760 --> 00:01:11,800 Speaker 4: of their operating or more of their operating costs is oil, 22 00:01:11,880 --> 00:01:12,600 Speaker 4: which is soaring. 23 00:01:13,080 --> 00:01:16,360 Speaker 1: You are absolutely correct. United Airlines as ticker UAL down 24 00:01:16,400 --> 00:01:19,640 Speaker 1: about four point one percent today. That says airlines across 25 00:01:19,640 --> 00:01:23,080 Speaker 1: the board continue to face increasing concerns over jet fuel costs, which, 26 00:01:23,120 --> 00:01:26,039 Speaker 1: as you mentioned, represent nearly a third of an airlines cost. 27 00:01:26,520 --> 00:01:29,480 Speaker 1: And we've already seen like Jeffries has updated their airline 28 00:01:29,560 --> 00:01:31,720 Speaker 1: estimates for jet full prices, expecting them to be as 29 00:01:31,800 --> 00:01:34,280 Speaker 1: much as fifty percent higher compared to January because of 30 00:01:34,280 --> 00:01:37,840 Speaker 1: the conflict. And we've seen other airlines including Cathay Pacific 31 00:01:37,880 --> 00:01:40,880 Speaker 1: saying that they plant a double fuel searcharges for most 32 00:01:40,959 --> 00:01:41,800 Speaker 1: routes because of the. 33 00:01:41,760 --> 00:01:45,240 Speaker 3: War and avalon. I know Bumble hasn't been doing too 34 00:01:45,280 --> 00:01:47,640 Speaker 3: well as dating apps fall out of favor. Can you 35 00:01:47,640 --> 00:01:49,040 Speaker 3: tell us what's going on with that company? 36 00:01:49,320 --> 00:01:51,280 Speaker 1: Yes, it's looking to buck that trend, at least for 37 00:01:51,360 --> 00:01:54,200 Speaker 1: right now. Bumble ticker BMBL is up as much as 38 00:01:54,280 --> 00:01:56,600 Speaker 1: thirty three percent most inter day since twenty twenty two. 39 00:01:57,000 --> 00:02:00,440 Speaker 1: That's after the online dating company forecasts EBITA for the 40 00:02:00,520 --> 00:02:03,520 Speaker 1: first quarter that beat expectations. It also reported a pretty 41 00:02:03,520 --> 00:02:06,240 Speaker 1: modest fourth quarter revenue beat. A als are hopeful that 42 00:02:06,320 --> 00:02:09,560 Speaker 1: bumbles new AI powered assistant designed to act as almost 43 00:02:09,600 --> 00:02:12,960 Speaker 1: like a personal matchmaker, will help snap that paid to 44 00:02:13,000 --> 00:02:16,480 Speaker 1: subscriber decline, and also worth noting that JP Morgan actually 45 00:02:16,520 --> 00:02:18,840 Speaker 1: upgraded the stock to neutral based on results. 46 00:02:19,960 --> 00:02:23,960 Speaker 2: The Stock Movers report from Bloomberg Radio. Check back with 47 00:02:24,040 --> 00:02:26,640 Speaker 2: us throughout the day for the latest roundup of companies 48 00:02:26,680 --> 00:02:29,800 Speaker 2: making news on Wall Street and for the latest market 49 00:02:29,840 --> 00:02:34,280 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 50 00:02:34,400 --> 00:02:37,880 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 51 00:02:37,960 --> 00:02:39,440 Speaker 2: the Bloomberg Business app.