WEBVTT - Sempra Climbs, Boeing Gains, Vistra Slips on Jeffries Downgrade

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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 3>Let's take a look at some of the stocks on

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<v Speaker 3>the move today on Fallsweenia alongside Scarlett Bomorn't joined by

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<v Speaker 3>Bloomberg's Christine. You know, Christine, what are you looking at today?

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<v Speaker 1>Well, Paul, let's dig into Sempra, which is an energy

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<v Speaker 1>infrastructure company. So Sumpra ticker sr dose shares are popping

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<v Speaker 1>this morning. There are more than three percent at the moment,

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<v Speaker 1>and that is because it's benefiting from news that it

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<v Speaker 1>is agreeing to sell a forty five percent equity stake

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<v Speaker 1>in its infrastructure arm to affiliates of KKR and the

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<v Speaker 1>Canada Pension Plan Investment Board for a hefty ten billion dollars.

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<v Speaker 1>So the idea is that the sale will help it

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<v Speaker 1>achieve its goal of driving approximately ninety five percent of

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<v Speaker 1>its earnings from a regulated US utilities. That deal is

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<v Speaker 1>expected to close in the second or third quarter of

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<v Speaker 1>twenty twenty six, and after that it will be a

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<v Speaker 1>KKR led consortion that will become the majority owner of

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<v Speaker 1>some for infrastructure partners.

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<v Speaker 3>Right. No.

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<v Speaker 1>No.

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<v Speaker 3>One of my other fun names is Boeing.

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<v Speaker 2>Fun names Bowing.

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<v Speaker 3>It's fun because I love aircraft and I just I've

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<v Speaker 3>been waiting for Boeing to turn the corner. And I

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<v Speaker 3>think they've clearly turned the corner if you look at

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<v Speaker 3>the stock price, and they're benefiting from if you want

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<v Speaker 3>to gratiate yourself to President Trump, buy a lot of

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<v Speaker 3>our stuff. And if you want to rack up a

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<v Speaker 3>big bill, a big deal, big headline, buy aircraft is

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<v Speaker 3>they're expensive.

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<v Speaker 1>So yeah, it's happening with absolutely Paul, And that's exactly

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<v Speaker 1>what's happening to do Boeing at the moments of those

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<v Speaker 1>shares ticker BA up nearly three percent at the moment.

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<v Speaker 1>And you know, we did get a couple of pieces

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<v Speaker 1>of good news related to aircraft purchases. So one is

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<v Speaker 1>the fact that it has secured an order from Uzbekistan Airways.

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<v Speaker 1>There you go, so they have a deal for as

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<v Speaker 1>many as twenty two seventy eight seven Dreamliner jets. And

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<v Speaker 1>then at the same time it seems like we're getting

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<v Speaker 1>some traction on a potential US China deal as well

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<v Speaker 1>for purchases of Boeing aircraft. We did hear from US

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<v Speaker 1>investador to China, David Producing that both countries are weeks

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<v Speaker 1>away from finalizing negotiations on a quote huge Boeing order.

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<v Speaker 1>So remember we reported previously that Boeing is working in

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<v Speaker 1>a deg WI China to sell as many as five

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<v Speaker 1>hundred aircraft. So that is a heftyal order. That is huge.

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<v Speaker 1>So you started with an energy company, let's come full

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<v Speaker 1>circle and end with the utility. Yeah, absolutely, Scarlett. So Vistra,

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<v Speaker 1>which is a utility, as you mentioned, took her VSEC.

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<v Speaker 1>So that's not doing so well this morning, shares down

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<v Speaker 1>more than four percent because it did get downgraded at

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<v Speaker 1>Jeffries Analysts. There are voicing concerns about the lack of

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<v Speaker 1>an announcement for a data center deal for its Comanche

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<v Speaker 1>Peak nuclear power plants in Texas, and so that's been

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<v Speaker 1>cut to hold from buy and pross start get lowered

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<v Speaker 1>to two thirty from two forty one previously. But you

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<v Speaker 1>know what, let's put this perspective right. So Vistra shares

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<v Speaker 1>one of the shares that have benefited from this energy demand,

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<v Speaker 1>data center demand because of AI. This year, shares are

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<v Speaker 1>of fifty three percent. They Serre two hundred and fifty

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<v Speaker 1>eight twenty twenty four and sixty six percent in twenty

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<v Speaker 1>twenty three. So it's a little bit of a pullback,

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<v Speaker 1>but at the same time, it's at drop in a

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<v Speaker 1>bucket considering how much it has risen in the.

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<v Speaker 2>Last few years. This stock moover's report from Bloomberg Radio.

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