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 00:00:16,720 --> 00:00:17,959 Speaker 3: Let's take a look at some of the stocks on 5 00:00:17,960 --> 00:00:20,520 Speaker 3: the move today on Fallsweenia alongside Scarlett Bomorn't joined by 6 00:00:20,560 --> 00:00:23,040 Speaker 3: Bloomberg's Christine. You know, Christine, what are you looking at today? 7 00:00:23,160 --> 00:00:26,520 Speaker 1: Well, Paul, let's dig into Sempra, which is an energy 8 00:00:26,600 --> 00:00:31,320 Speaker 1: infrastructure company. So Sumpra ticker sr dose shares are popping 9 00:00:31,400 --> 00:00:34,640 Speaker 1: this morning. There are more than three percent at the moment, 10 00:00:34,720 --> 00:00:38,160 Speaker 1: and that is because it's benefiting from news that it 11 00:00:38,200 --> 00:00:41,200 Speaker 1: is agreeing to sell a forty five percent equity stake 12 00:00:41,240 --> 00:00:44,800 Speaker 1: in its infrastructure arm to affiliates of KKR and the 13 00:00:45,080 --> 00:00:50,280 Speaker 1: Canada Pension Plan Investment Board for a hefty ten billion dollars. 14 00:00:50,479 --> 00:00:54,160 Speaker 1: So the idea is that the sale will help it 15 00:00:54,200 --> 00:00:58,000 Speaker 1: achieve its goal of driving approximately ninety five percent of 16 00:00:58,000 --> 00:01:01,400 Speaker 1: its earnings from a regulated US utilities. That deal is 17 00:01:01,600 --> 00:01:03,880 Speaker 1: expected to close in the second or third quarter of 18 00:01:03,920 --> 00:01:07,039 Speaker 1: twenty twenty six, and after that it will be a 19 00:01:07,120 --> 00:01:10,480 Speaker 1: KKR led consortion that will become the majority owner of 20 00:01:10,800 --> 00:01:12,600 Speaker 1: some for infrastructure partners. 21 00:01:13,360 --> 00:01:13,880 Speaker 3: Right. No. 22 00:01:13,920 --> 00:01:13,960 Speaker 1: No. 23 00:01:14,400 --> 00:01:16,760 Speaker 3: One of my other fun names is Boeing. 24 00:01:16,840 --> 00:01:17,720 Speaker 2: Fun names Bowing. 25 00:01:18,040 --> 00:01:20,959 Speaker 3: It's fun because I love aircraft and I just I've 26 00:01:21,000 --> 00:01:22,760 Speaker 3: been waiting for Boeing to turn the corner. And I 27 00:01:22,800 --> 00:01:24,319 Speaker 3: think they've clearly turned the corner if you look at 28 00:01:24,360 --> 00:01:27,080 Speaker 3: the stock price, and they're benefiting from if you want 29 00:01:27,120 --> 00:01:29,959 Speaker 3: to gratiate yourself to President Trump, buy a lot of 30 00:01:29,959 --> 00:01:32,600 Speaker 3: our stuff. And if you want to rack up a 31 00:01:32,600 --> 00:01:35,880 Speaker 3: big bill, a big deal, big headline, buy aircraft is 32 00:01:35,880 --> 00:01:36,480 Speaker 3: they're expensive. 33 00:01:36,520 --> 00:01:38,880 Speaker 1: So yeah, it's happening with absolutely Paul, And that's exactly 34 00:01:38,920 --> 00:01:41,160 Speaker 1: what's happening to do Boeing at the moments of those 35 00:01:41,200 --> 00:01:44,720 Speaker 1: shares ticker BA up nearly three percent at the moment. 36 00:01:44,760 --> 00:01:47,039 Speaker 1: And you know, we did get a couple of pieces 37 00:01:47,040 --> 00:01:50,360 Speaker 1: of good news related to aircraft purchases. So one is 38 00:01:50,560 --> 00:01:54,680 Speaker 1: the fact that it has secured an order from Uzbekistan Airways. 39 00:01:54,920 --> 00:01:56,960 Speaker 1: There you go, so they have a deal for as 40 00:01:57,040 --> 00:02:00,720 Speaker 1: many as twenty two seventy eight seven Dreamliner jets. And 41 00:02:00,720 --> 00:02:02,680 Speaker 1: then at the same time it seems like we're getting 42 00:02:02,680 --> 00:02:05,639 Speaker 1: some traction on a potential US China deal as well 43 00:02:05,920 --> 00:02:09,440 Speaker 1: for purchases of Boeing aircraft. We did hear from US 44 00:02:09,480 --> 00:02:13,880 Speaker 1: investador to China, David Producing that both countries are weeks 45 00:02:13,880 --> 00:02:18,679 Speaker 1: away from finalizing negotiations on a quote huge Boeing order. 46 00:02:18,760 --> 00:02:22,040 Speaker 1: So remember we reported previously that Boeing is working in 47 00:02:22,040 --> 00:02:24,200 Speaker 1: a deg WI China to sell as many as five 48 00:02:24,280 --> 00:02:26,880 Speaker 1: hundred aircraft. So that is a heftyal order. That is huge. 49 00:02:26,960 --> 00:02:29,239 Speaker 1: So you started with an energy company, let's come full 50 00:02:29,280 --> 00:02:33,240 Speaker 1: circle and end with the utility. Yeah, absolutely, Scarlett. So Vistra, 51 00:02:33,960 --> 00:02:36,800 Speaker 1: which is a utility, as you mentioned, took her VSEC. 52 00:02:36,840 --> 00:02:39,400 Speaker 1: So that's not doing so well this morning, shares down 53 00:02:39,480 --> 00:02:42,720 Speaker 1: more than four percent because it did get downgraded at 54 00:02:42,800 --> 00:02:46,160 Speaker 1: Jeffries Analysts. There are voicing concerns about the lack of 55 00:02:46,200 --> 00:02:48,920 Speaker 1: an announcement for a data center deal for its Comanche 56 00:02:49,000 --> 00:02:52,800 Speaker 1: Peak nuclear power plants in Texas, and so that's been 57 00:02:52,880 --> 00:02:56,160 Speaker 1: cut to hold from buy and pross start get lowered 58 00:02:56,200 --> 00:02:59,240 Speaker 1: to two thirty from two forty one previously. But you 59 00:02:59,280 --> 00:03:01,880 Speaker 1: know what, let's put this perspective right. So Vistra shares 60 00:03:02,160 --> 00:03:05,880 Speaker 1: one of the shares that have benefited from this energy demand, 61 00:03:05,960 --> 00:03:09,120 Speaker 1: data center demand because of AI. This year, shares are 62 00:03:09,160 --> 00:03:11,680 Speaker 1: of fifty three percent. They Serre two hundred and fifty 63 00:03:11,720 --> 00:03:14,360 Speaker 1: eight twenty twenty four and sixty six percent in twenty 64 00:03:14,400 --> 00:03:16,520 Speaker 1: twenty three. So it's a little bit of a pullback, 65 00:03:16,600 --> 00:03:18,359 Speaker 1: but at the same time, it's at drop in a 66 00:03:18,400 --> 00:03:20,160 Speaker 1: bucket considering how much it has risen in the. 67 00:03:20,200 --> 00:03:24,560 Speaker 2: Last few years. This stock moover's report from Bloomberg Radio. 68 00:03:25,040 --> 00:03:27,200 Speaker 2: Check back with us throughout the day for the latest 69 00:03:27,240 --> 00:03:30,440 Speaker 2: roundup of companies making news on Wall Street and for 70 00:03:30,560 --> 00:03:34,480 Speaker 2: the latest market moving headlines. Listen to Bloomberg Radio Live, 71 00:03:34,880 --> 00:03:38,480 Speaker 2: catch us on YouTube, Bloomberg dot com, and on Applecarplay 72 00:03:38,520 --> 00:03:41,120 Speaker 2: and Android Auto with the Bloomberg Business app.