WEBVTT - Ryanair Dips, A2A Gains, Mercedes Rises

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio News, The.

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<v Speaker 2>Stock Movers Report, your roundup of companies making moves in

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<v Speaker 2>the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 1>Let's take a look at some stocks on the move

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<v Speaker 1>today in Europe. I'm Stephen Carroll with lizlie Burden and

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<v Speaker 1>we're joined by Bloomberg's Chloe Melee for more. Chloe, good morning.

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<v Speaker 1>So let's start then with Ryanair, Michael O'Leary striking a

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<v Speaker 1>note of caution, which I think is a very mild

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<v Speaker 1>way of putting what they actually said about UK taxes.

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<v Speaker 1>As the airline enjoyed in earnings. Beast talked to us

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<v Speaker 1>about what we heard from Ryanair and the market reaction.

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<v Speaker 3>Yeah. Absolutely, So let's start with that tech side of

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<v Speaker 3>things that you mentioned. The one thing that Michael leary

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<v Speaker 3>was particularly keen to talk about beyond the really good

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<v Speaker 3>performance of the airline was the UK budget. So he

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<v Speaker 3>said that Ryan there would move about ten percent of

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<v Speaker 3>capacity out of the UK and in two countries like

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<v Speaker 3>Sweden or Italy if the Labor government decided to increase

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<v Speaker 3>text is this month in the budgets of the budget

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<v Speaker 3>coming in just a few weeks Michael Aliria has been

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<v Speaker 3>a very vocal critic of the Yuka government's actions, and

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<v Speaker 3>he warned that more capacity, more flights, more aircraft and

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<v Speaker 3>more jobs will be moving from the UK if Rachel

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<v Speaker 3>Reeves decided to increase taxes on the aviation industry. So

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<v Speaker 3>that's the note of caution that we were talking about.

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<v Speaker 3>On the earning side of things, things to seem to

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<v Speaker 3>be doing quite well for Ryanair. The profit came in

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<v Speaker 3>ahead of expectations. It also raised its target for passenger

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<v Speaker 3>growth thanks to really strong travel demand and also improving

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<v Speaker 3>Boeing deliveries, which is quite welcome because Boeing had been

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<v Speaker 3>struggling to deliver planes on time to Ryanair, which is

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<v Speaker 3>its biggest European customer. Shares did for a little bit

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<v Speaker 3>despite that positive update, though this had led to with

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<v Speaker 3>investors being disappointed and what to do with shares taking

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<v Speaker 3>maybe a bit of a breather after what has been

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<v Speaker 3>a really good performance for Ryanair over the last few months.

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<v Speaker 3>Turning out to a to A that stock up five

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<v Speaker 3>point eight percent right now. Why so A is an

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<v Speaker 3>Italian company. It makes renewable and electricity gas and it

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<v Speaker 3>was upgraded to a bi rating by Morgan Stanley and

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<v Speaker 3>so analyst said that it was going to be probably

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<v Speaker 3>an under the radar beneficiary of the data center build

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<v Speaker 3>out in Italy, specifically around Milan. So they said that

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<v Speaker 3>multiple units could benefit from their data center build out,

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<v Speaker 3>including a power generation and electricity distribution, but also water

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<v Speaker 3>and district heating. So this upgrade really boosted the stock

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<v Speaker 3>this morning, with chairs reaching the highest since March two

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<v Speaker 3>thousand and eight, so quite quite an impressive move. This

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<v Speaker 3>is quite interesting. This comes after a story that we

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<v Speaker 3>had on Boomberg yesterday showing that clean energy stocks are

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<v Speaker 3>seeing a dramatic rebound because of that demand for energy

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<v Speaker 3>to power data centers, despite all of the pushback on

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<v Speaker 3>wind and solar energy that we saw from the Trump administration.

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<v Speaker 3>So A TWA seems to be part of that wider story.

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<v Speaker 1>Okay, and a good day for Mercedes bands today, shares

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<v Speaker 1>up three point three percent. What's going on?

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<v Speaker 3>A couple of positive things for Mercedes, So it was

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<v Speaker 3>raised to a birating dz bank because and this mentioned

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<v Speaker 3>cost cutting measures, the resumption of shared buyer backs, and

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<v Speaker 3>also updates to the luxury strategy being quite positive. And

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<v Speaker 3>then it's also part of the wider sector story with

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<v Speaker 3>automakers on the back of the announcement that China would

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<v Speaker 3>ease its export ban on chips, so the US said

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<v Speaker 3>on Saturday that Beijing will take steps to allow the

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<v Speaker 3>Chinese facilities of Nisperia, which makes semiconductors for autos, to

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<v Speaker 3>resume a shipment. So the experia had been obviously caught

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<v Speaker 3>in this dispute between the Netherlands and China, but it

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<v Speaker 3>seems that some of this is easy now and that

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<v Speaker 3>should alleviate that disruption for car makers after a few

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<v Speaker 3>of them had said that they might have to stop

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<v Speaker 3>production because of that disruption. So that's allowing the industry

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<v Speaker 3>to breathe that sigh of relief, and Mercedes is benefiting

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<v Speaker 3>from that.

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