1 00:00:02,520 --> 00:00:08,720 Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The. 2 00:00:08,720 --> 00:00:12,560 Speaker 2: Stock Movers Report, your roundup of companies making moves in 3 00:00:12,600 --> 00:00:15,880 Speaker 2: the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,320 --> 00:00:17,800 Speaker 1: Let's take a look at some stocks on the move 5 00:00:17,880 --> 00:00:20,639 Speaker 1: today in Europe. I'm Stephen Carroll with lizlie Burden and 6 00:00:20,720 --> 00:00:24,599 Speaker 1: we're joined by Bloomberg's Chloe Melee for more. Chloe, good morning. 7 00:00:25,120 --> 00:00:28,159 Speaker 1: So let's start then with Ryanair, Michael O'Leary striking a 8 00:00:28,200 --> 00:00:30,080 Speaker 1: note of caution, which I think is a very mild 9 00:00:30,080 --> 00:00:32,600 Speaker 1: way of putting what they actually said about UK taxes. 10 00:00:32,800 --> 00:00:35,600 Speaker 1: As the airline enjoyed in earnings. Beast talked to us 11 00:00:35,640 --> 00:00:38,320 Speaker 1: about what we heard from Ryanair and the market reaction. 12 00:00:38,800 --> 00:00:41,080 Speaker 3: Yeah. Absolutely, So let's start with that tech side of 13 00:00:41,080 --> 00:00:43,960 Speaker 3: things that you mentioned. The one thing that Michael leary 14 00:00:44,080 --> 00:00:46,440 Speaker 3: was particularly keen to talk about beyond the really good 15 00:00:46,440 --> 00:00:49,239 Speaker 3: performance of the airline was the UK budget. So he 16 00:00:49,280 --> 00:00:51,760 Speaker 3: said that Ryan there would move about ten percent of 17 00:00:51,800 --> 00:00:54,480 Speaker 3: capacity out of the UK and in two countries like 18 00:00:54,520 --> 00:00:58,200 Speaker 3: Sweden or Italy if the Labor government decided to increase 19 00:00:58,240 --> 00:01:00,880 Speaker 3: text is this month in the budgets of the budget 20 00:01:00,880 --> 00:01:04,160 Speaker 3: coming in just a few weeks Michael Aliria has been 21 00:01:04,200 --> 00:01:06,760 Speaker 3: a very vocal critic of the Yuka government's actions, and 22 00:01:06,840 --> 00:01:10,320 Speaker 3: he warned that more capacity, more flights, more aircraft and 23 00:01:10,360 --> 00:01:12,920 Speaker 3: more jobs will be moving from the UK if Rachel 24 00:01:12,920 --> 00:01:16,320 Speaker 3: Reeves decided to increase taxes on the aviation industry. So 25 00:01:16,360 --> 00:01:19,080 Speaker 3: that's the note of caution that we were talking about. 26 00:01:19,400 --> 00:01:21,880 Speaker 3: On the earning side of things, things to seem to 27 00:01:21,880 --> 00:01:24,200 Speaker 3: be doing quite well for Ryanair. The profit came in 28 00:01:24,440 --> 00:01:27,640 Speaker 3: ahead of expectations. It also raised its target for passenger 29 00:01:27,680 --> 00:01:31,360 Speaker 3: growth thanks to really strong travel demand and also improving 30 00:01:31,400 --> 00:01:34,360 Speaker 3: Boeing deliveries, which is quite welcome because Boeing had been 31 00:01:34,400 --> 00:01:37,080 Speaker 3: struggling to deliver planes on time to Ryanair, which is 32 00:01:37,160 --> 00:01:40,959 Speaker 3: its biggest European customer. Shares did for a little bit 33 00:01:41,000 --> 00:01:43,720 Speaker 3: despite that positive update, though this had led to with 34 00:01:43,840 --> 00:01:47,160 Speaker 3: investors being disappointed and what to do with shares taking 35 00:01:47,240 --> 00:01:49,200 Speaker 3: maybe a bit of a breather after what has been 36 00:01:49,240 --> 00:01:51,760 Speaker 3: a really good performance for Ryanair over the last few months. 37 00:01:51,800 --> 00:01:54,800 Speaker 3: Turning out to a to A that stock up five 38 00:01:54,840 --> 00:01:58,040 Speaker 3: point eight percent right now. Why so A is an 39 00:01:58,040 --> 00:02:01,880 Speaker 3: Italian company. It makes renewable and electricity gas and it 40 00:02:01,920 --> 00:02:04,960 Speaker 3: was upgraded to a bi rating by Morgan Stanley and 41 00:02:05,000 --> 00:02:07,560 Speaker 3: so analyst said that it was going to be probably 42 00:02:07,600 --> 00:02:11,080 Speaker 3: an under the radar beneficiary of the data center build 43 00:02:11,120 --> 00:02:14,240 Speaker 3: out in Italy, specifically around Milan. So they said that 44 00:02:14,320 --> 00:02:16,920 Speaker 3: multiple units could benefit from their data center build out, 45 00:02:16,960 --> 00:02:20,919 Speaker 3: including a power generation and electricity distribution, but also water 46 00:02:21,240 --> 00:02:24,360 Speaker 3: and district heating. So this upgrade really boosted the stock 47 00:02:24,440 --> 00:02:27,359 Speaker 3: this morning, with chairs reaching the highest since March two 48 00:02:27,400 --> 00:02:31,400 Speaker 3: thousand and eight, so quite quite an impressive move. This 49 00:02:31,600 --> 00:02:33,560 Speaker 3: is quite interesting. This comes after a story that we 50 00:02:33,600 --> 00:02:36,799 Speaker 3: had on Boomberg yesterday showing that clean energy stocks are 51 00:02:36,840 --> 00:02:40,000 Speaker 3: seeing a dramatic rebound because of that demand for energy 52 00:02:40,040 --> 00:02:43,520 Speaker 3: to power data centers, despite all of the pushback on 53 00:02:43,639 --> 00:02:46,440 Speaker 3: wind and solar energy that we saw from the Trump administration. 54 00:02:46,560 --> 00:02:49,240 Speaker 3: So A TWA seems to be part of that wider story. 55 00:02:49,960 --> 00:02:53,680 Speaker 1: Okay, and a good day for Mercedes bands today, shares 56 00:02:53,760 --> 00:02:55,800 Speaker 1: up three point three percent. What's going on? 57 00:02:56,320 --> 00:02:58,679 Speaker 3: A couple of positive things for Mercedes, So it was 58 00:02:58,800 --> 00:03:02,160 Speaker 3: raised to a birating dz bank because and this mentioned 59 00:03:02,160 --> 00:03:05,040 Speaker 3: cost cutting measures, the resumption of shared buyer backs, and 60 00:03:05,160 --> 00:03:08,200 Speaker 3: also updates to the luxury strategy being quite positive. And 61 00:03:08,240 --> 00:03:11,160 Speaker 3: then it's also part of the wider sector story with 62 00:03:11,240 --> 00:03:14,640 Speaker 3: automakers on the back of the announcement that China would 63 00:03:14,680 --> 00:03:17,160 Speaker 3: ease its export ban on chips, so the US said 64 00:03:17,160 --> 00:03:20,320 Speaker 3: on Saturday that Beijing will take steps to allow the 65 00:03:20,440 --> 00:03:24,560 Speaker 3: Chinese facilities of Nisperia, which makes semiconductors for autos, to 66 00:03:24,639 --> 00:03:27,400 Speaker 3: resume a shipment. So the experia had been obviously caught 67 00:03:27,639 --> 00:03:30,480 Speaker 3: in this dispute between the Netherlands and China, but it 68 00:03:30,480 --> 00:03:32,440 Speaker 3: seems that some of this is easy now and that 69 00:03:32,440 --> 00:03:36,080 Speaker 3: should alleviate that disruption for car makers after a few 70 00:03:36,120 --> 00:03:38,160 Speaker 3: of them had said that they might have to stop 71 00:03:38,160 --> 00:03:41,720 Speaker 3: production because of that disruption. So that's allowing the industry 72 00:03:41,760 --> 00:03:44,400 Speaker 3: to breathe that sigh of relief, and Mercedes is benefiting 73 00:03:44,440 --> 00:03:44,680 Speaker 3: from that. 74 00:03:46,360 --> 00:03:50,400 Speaker 2: The Stock Movers report from Bloomberg Radio. 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