Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The.
Speaker 2: Stock Movers Report, your roundup of companies making moves in
Speaker 2: the stock market, harnessing the power of Bloomberg Data.
Speaker 3: Let's take a look at some of the stocks on
Speaker 3: the move today on Fallsweenia alongside Scarlett Bomorn't joined by
Speaker 3: Bloomberg's Christine. You know, Christine, what are you looking at today?
Speaker 1: Well, Paul, let's dig into Sempra, which is an energy
Speaker 1: infrastructure company. So Sumpra ticker sr dose shares are popping
Speaker 1: this morning. There are more than three percent at the moment,
Speaker 1: and that is because it's benefiting from news that it
Speaker 1: is agreeing to sell a forty five percent equity stake
Speaker 1: in its infrastructure arm to affiliates of KKR and the
Speaker 1: Canada Pension Plan Investment Board for a hefty ten billion dollars.
Speaker 1: So the idea is that the sale will help it
Speaker 1: achieve its goal of driving approximately ninety five percent of
Speaker 1: its earnings from a regulated US utilities. That deal is
Speaker 1: expected to close in the second or third quarter of
Speaker 1: twenty twenty six, and after that it will be a
Speaker 1: KKR led consortion that will become the majority owner of
Speaker 1: some for infrastructure partners.
Speaker 3: Right. No.
Speaker 1: No.
Speaker 3: One of my other fun names is Boeing.
Speaker 2: Fun names Bowing.
Speaker 3: It's fun because I love aircraft and I just I've
Speaker 3: been waiting for Boeing to turn the corner. And I
Speaker 3: think they've clearly turned the corner if you look at
Speaker 3: the stock price, and they're benefiting from if you want
Speaker 3: to gratiate yourself to President Trump, buy a lot of
Speaker 3: our stuff. And if you want to rack up a
Speaker 3: big bill, a big deal, big headline, buy aircraft is
Speaker 3: they're expensive.
Speaker 1: So yeah, it's happening with absolutely Paul, And that's exactly
Speaker 1: what's happening to do Boeing at the moments of those
Speaker 1: shares ticker BA up nearly three percent at the moment.
Speaker 1: And you know, we did get a couple of pieces
Speaker 1: of good news related to aircraft purchases. So one is
Speaker 1: the fact that it has secured an order from Uzbekistan Airways.
Speaker 1: There you go, so they have a deal for as
Speaker 1: many as twenty two seventy eight seven Dreamliner jets. And
Speaker 1: then at the same time it seems like we're getting
Speaker 1: some traction on a potential US China deal as well
Speaker 1: for purchases of Boeing aircraft. We did hear from US
Speaker 1: investador to China, David Producing that both countries are weeks
Speaker 1: away from finalizing negotiations on a quote huge Boeing order.
Speaker 1: So remember we reported previously that Boeing is working in
Speaker 1: a deg WI China to sell as many as five
Speaker 1: hundred aircraft. So that is a heftyal order. That is huge.
Speaker 1: So you started with an energy company, let's come full
Speaker 1: circle and end with the utility. Yeah, absolutely, Scarlett. So Vistra,
Speaker 1: which is a utility, as you mentioned, took her VSEC.
Speaker 1: So that's not doing so well this morning, shares down
Speaker 1: more than four percent because it did get downgraded at
Speaker 1: Jeffries Analysts. There are voicing concerns about the lack of
Speaker 1: an announcement for a data center deal for its Comanche
Speaker 1: Peak nuclear power plants in Texas, and so that's been
Speaker 1: cut to hold from buy and pross start get lowered
Speaker 1: to two thirty from two forty one previously. But you
Speaker 1: know what, let's put this perspective right. So Vistra shares
Speaker 1: one of the shares that have benefited from this energy demand,
Speaker 1: data center demand because of AI. This year, shares are
Speaker 1: of fifty three percent. They Serre two hundred and fifty
Speaker 1: eight twenty twenty four and sixty six percent in twenty
Speaker 1: twenty three. So it's a little bit of a pullback,
Speaker 1: but at the same time, it's at drop in a
Speaker 1: bucket considering how much it has risen in the.
Speaker 2: Last few years. This stock moover's report from Bloomberg Radio.
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