1
00:00:02,520 --> 00:00:07,000
Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

2
00:00:09,880 --> 00:00:13,320
Speaker 2: This is the closing bell on the stock Movers report

3
00:00:13,560 --> 00:00:16,520
Speaker 2: the company's making moves at the close of US trading

4
00:00:16,760 --> 00:00:21,319
Speaker 2: with Carol Masser, Tim Stenebeck, Romain Bostik and Scarlet Food.

5
00:00:22,600 --> 00:00:24,560
Speaker 3: All right, back to the big caps, I go s

6
00:00:24,600 --> 00:00:28,000
Speaker 3: and P five hundred. As remain mentioned earlier, most names

7
00:00:28,000 --> 00:00:30,240
Speaker 3: in the SNP hired today, three hundred and forty one

8
00:00:30,320 --> 00:00:33,360
Speaker 3: names Katie to the upside, one hundred and sixty one

9
00:00:33,400 --> 00:00:34,880
Speaker 3: losing some ground two unchanged.

10
00:00:34,920 --> 00:00:36,839
Speaker 4: Well, let's go talk to the circle about it. The

11
00:00:36,880 --> 00:00:40,240
Speaker 4: first time checking the circle in twenty twenty six, and boy,

12
00:00:40,320 --> 00:00:43,800
Speaker 4: it's actually really interesting today up top. Well, you don't

13
00:00:43,880 --> 00:00:45,760
Speaker 4: exactly see that big tech. Of course, we have to

14
00:00:45,760 --> 00:00:48,080
Speaker 4: acknowledge that that is one of your biggest losers when

15
00:00:48,080 --> 00:00:51,000
Speaker 4: it comes to a points basis. That's why it's highlighted.

16
00:00:51,040 --> 00:00:53,920
Speaker 4: But overall, what a day that you saw for energy,

17
00:00:53,920 --> 00:00:57,960
Speaker 4: that you saw for financials, consumer discretionary also catching a

18
00:00:58,000 --> 00:01:01,160
Speaker 4: bid seven setters in total, finishing in the green. A

19
00:01:01,200 --> 00:01:04,720
Speaker 4: different story when it comes to the downside. We talked

20
00:01:04,720 --> 00:01:06,959
Speaker 4: about tech, but utility is your biggest losers on a

21
00:01:07,000 --> 00:01:09,840
Speaker 4: percent basis. Consumer staples falling as well.

22
00:01:09,880 --> 00:01:12,319
Speaker 3: This was a risk on day all right, So let's

23
00:01:12,319 --> 00:01:15,640
Speaker 3: get to Katie mentioned certainly the energy out performance as

24
00:01:15,640 --> 00:01:17,319
Speaker 3: a whole. So let's go through some of the names

25
00:01:17,520 --> 00:01:20,160
Speaker 3: that definitely gained in today's session. Of course, the news

26
00:01:20,160 --> 00:01:23,839
Speaker 3: President Trump pledging to revive the Venezuelan energy sector following

27
00:01:23,880 --> 00:01:28,160
Speaker 3: the capture of that country's president Nicholas Maduro over the weekend. Valero,

28
00:01:28,840 --> 00:01:32,280
Speaker 3: we saw that one up about nine percent in today's session.

29
00:01:33,080 --> 00:01:37,160
Speaker 3: Formerly Schlumberger now SLB. That one was up about nine

30
00:01:37,160 --> 00:01:40,600
Speaker 3: percent in today's session. Halliburton up almost eight percent, and

31
00:01:40,720 --> 00:01:43,959
Speaker 3: Chevron up about five percent. Of course, very key in

32
00:01:44,040 --> 00:01:48,560
Speaker 3: terms of its positioning and exposure there in Venezuela. I

33
00:01:48,560 --> 00:01:51,560
Speaker 3: should put out secret financials Chief investment Officer Mark Mellick

34
00:01:51,800 --> 00:01:53,760
Speaker 3: put out a note and he said, the US Golf

35
00:01:53,880 --> 00:01:58,160
Speaker 3: Coast refiners, with years of experience building and optimizing refineries

36
00:01:58,160 --> 00:02:01,480
Speaker 3: to handle that heavy Canadian rude, stand to benefit in

37
00:02:01,520 --> 00:02:04,680
Speaker 3: the event changes in Venezuela restore output of that country's

38
00:02:05,000 --> 00:02:07,720
Speaker 3: heavy sour oil. So that's why you saw names certainly

39
00:02:07,800 --> 00:02:10,720
Speaker 3: like Valero and others, and some of these major integrated

40
00:02:10,760 --> 00:02:14,280
Speaker 3: oil companies who can handle all of that all right.

41
00:02:14,360 --> 00:02:16,440
Speaker 1: Now, you see that interview that Michael Berry gave I

42
00:02:16,440 --> 00:02:19,320
Speaker 1: think it was the CNBC about his bet on Valero

43
00:02:19,480 --> 00:02:21,080
Speaker 1: that I guess he said he entered into back in

44
00:02:21,080 --> 00:02:24,120
Speaker 1: twenty twenty. No, and yeah, check it out. Yeah, basically

45
00:02:24,160 --> 00:02:25,960
Speaker 1: say he I mean, not that he saw this coming

46
00:02:26,240 --> 00:02:28,760
Speaker 1: today today, but the idea that he thought he saw

47
00:02:28,760 --> 00:02:30,480
Speaker 1: some potential all the way back in twenty twenty for

48
00:02:30,720 --> 00:02:32,920
Speaker 1: a big infrastructure shift in Venezuela.

49
00:02:33,000 --> 00:02:35,120
Speaker 3: Oh well, that's interesting, right, but we'll see. Like I'm

50
00:02:35,120 --> 00:02:37,120
Speaker 3: sure you guys have had the conversation the amount of

51
00:02:37,160 --> 00:02:39,760
Speaker 3: money taken that's going to take to kind of rebuild

52
00:02:40,120 --> 00:02:43,040
Speaker 3: Venezuela's energy industry. It's going to take a lot, it's

53
00:02:43,040 --> 00:02:44,840
Speaker 3: going to take some time. It's going to have companies

54
00:02:44,840 --> 00:02:47,960
Speaker 3: that are comfortable that there's going to be political stability

55
00:02:48,000 --> 00:02:52,320
Speaker 3: and maybe a democratic or business friendly environment. Hey courtesy

56
00:02:52,320 --> 00:02:54,840
Speaker 3: of Tim He talked to me about the nuclear fuelmakers

57
00:02:54,840 --> 00:02:56,799
Speaker 3: that were rallying. They got a total of two point

58
00:02:56,880 --> 00:02:59,840
Speaker 3: seven billion dollars from the US to restart production and

59
00:03:00,040 --> 00:03:03,840
Speaker 3: being the US off enriched uranium. So the company is impacted.

60
00:03:04,080 --> 00:03:06,880
Speaker 3: Take her lau Centrist Energy. They're based in Maryland. They

61
00:03:06,880 --> 00:03:09,079
Speaker 3: got money, and they're up ten percent in today's session.

62
00:03:09,560 --> 00:03:12,400
Speaker 3: And then eighty rs of the Canadian based Silex Systems,

63
00:03:12,400 --> 00:03:14,880
Speaker 3: their co owner of Global Laser Enrichment, which also was

64
00:03:14,919 --> 00:03:18,320
Speaker 3: awarded money. That one was up almost eleven percent in

65
00:03:18,320 --> 00:03:21,120
Speaker 3: today's session. And then for something a little different, I'm

66
00:03:21,120 --> 00:03:24,560
Speaker 3: going to go to a biotech altimmune. That one jumping

67
00:03:24,560 --> 00:03:28,600
Speaker 3: nearly thirty percent intra day at its high, finishing the

68
00:03:28,680 --> 00:03:31,600
Speaker 3: day with a gain of just about sixteen percent seventeen percent.

69
00:03:31,800 --> 00:03:34,880
Speaker 3: The drug developer said it's experimental therapy for a fatty

70
00:03:34,960 --> 00:03:40,000
Speaker 3: liver disease pem vititude received a breakthrough therapy designation from

71
00:03:40,000 --> 00:03:41,880
Speaker 3: the FDA. I'm not quite sure if I said that right,

72
00:03:41,880 --> 00:03:43,760
Speaker 3: but you know, sometimes when you don't, you just own it,

73
00:03:43,880 --> 00:03:44,880
Speaker 3: go fast and move on.

74
00:03:45,080 --> 00:03:47,080
Speaker 1: Yeah, it was an interesting selection there. You miss a few, though,

75
00:03:47,840 --> 00:03:49,920
Speaker 1: U so love eighteen percent on the day.

76
00:03:50,200 --> 00:03:52,600
Speaker 3: I thought I had a poor finlay, Like.

77
00:03:53,480 --> 00:03:56,400
Speaker 5: Happy I missed.

78
00:03:56,680 --> 00:03:59,360
Speaker 3: It's so good to have you met.

79
00:04:00,120 --> 00:04:02,120
Speaker 5: Let's get to some of the decliners on the day today.

80
00:04:02,160 --> 00:04:03,320
Speaker 5: Do you want to start with some of the energy

81
00:04:03,360 --> 00:04:06,080
Speaker 5: stocks that did not actually finish higher on the day.

82
00:04:06,320 --> 00:04:10,480
Speaker 5: Diamondback energy ticker FENG down three point five percent on

83
00:04:10,560 --> 00:04:12,800
Speaker 5: the day. Today, As I mentioned, we did see a

84
00:04:12,880 --> 00:04:16,640
Speaker 5: rotation out of some energy stocks, especially US focused shale

85
00:04:16,760 --> 00:04:20,120
Speaker 5: oil producers. If more oil companies come online, we could

86
00:04:20,160 --> 00:04:22,440
Speaker 5: see greater supply and lower prices, which wouldn't be good

87
00:04:22,480 --> 00:04:25,360
Speaker 5: for these domestic shale producers, some of them already slowing

88
00:04:25,400 --> 00:04:28,359
Speaker 5: down growth due to concern for a global gut developing.

89
00:04:28,400 --> 00:04:30,960
Speaker 5: Shout out to our energy team for helping me out

90
00:04:30,960 --> 00:04:36,120
Speaker 5: with that analysis. Over at Bloomberg News, Diamondback Energy, Koterra Energy, Expand,

91
00:04:36,200 --> 00:04:40,320
Speaker 5: APA Corp and more actually fell today once again, Diamondback

92
00:04:40,400 --> 00:04:42,600
Speaker 5: Energy down three and a half percent. And we also

93
00:04:42,640 --> 00:04:47,239
Speaker 5: saw pharmaceuticals take a hit today, bucking the broader markets advance.

94
00:04:47,279 --> 00:04:49,320
Speaker 5: The S and P five hundred pharmaceutical index fell the

95
00:04:49,320 --> 00:04:52,520
Speaker 5: most going back to September. Eli Lilly among the decliners,

96
00:04:52,560 --> 00:04:55,680
Speaker 5: down three point six percent. Of the seven stocks in

97
00:04:55,720 --> 00:05:00,960
Speaker 5: their five did fall today and finally Versin shares starting

98
00:05:01,000 --> 00:05:05,320
Speaker 5: trading today. This is the spinoff from Comcast of some

99
00:05:05,360 --> 00:05:08,640
Speaker 5: of the cable networks, including CNBC and MS now well

100
00:05:08,640 --> 00:05:11,360
Speaker 5: as much as fifteen point eight percent in the first

101
00:05:11,440 --> 00:05:13,760
Speaker 5: day of trading. It ended up finishing daid down by

102
00:05:14,200 --> 00:05:17,560
Speaker 5: thirteen percent. The company is a market cap right now

103
00:05:17,680 --> 00:05:21,880
Speaker 5: about five point eight billion dollars. Lease from PayTV distributors

104
00:05:21,920 --> 00:05:24,880
Speaker 5: and advertising, we're expected to have follow The company predicted

105
00:05:24,880 --> 00:05:28,120
Speaker 5: earnings before interest, taxes, and depreciation and amortization would drop

106
00:05:28,120 --> 00:05:30,200
Speaker 5: to two point one to five billion on sales of

107
00:05:30,279 --> 00:05:32,880
Speaker 5: six point sixty billion for twenty twenty five.

108
00:05:33,240 --> 00:05:35,119
Speaker 1: All right, let's take a quick check on the yield

109
00:05:35,160 --> 00:05:37,520
Speaker 1: space right now. A little bit less activity there compared

110
00:05:37,520 --> 00:05:39,680
Speaker 1: to what we saw inequity markets, but we did see

111
00:05:39,680 --> 00:05:43,200
Speaker 1: a drop across the curve today about two basis points

112
00:05:43,200 --> 00:05:44,880
Speaker 1: lower on the short end of the curve. Longer end

113
00:05:44,880 --> 00:05:47,000
Speaker 1: of the curve a little bit more dramatic with a

114
00:05:47,120 --> 00:05:51,279
Speaker 1: drop of about three to four basis points there, Keryl.

115
00:05:51,400 --> 00:05:54,440
Speaker 3: All right, so let's get to some stories on our radar. Hey,

116
00:05:54,520 --> 00:05:57,679
Speaker 3: if you're thinking about maybe, you know, sprucing up your home,

117
00:05:58,400 --> 00:06:00,840
Speaker 3: maybe get a TV that I she looks like artwork.

118
00:06:00,880 --> 00:06:02,440
Speaker 3: It seems to be the trend all of a sudden

119
00:06:02,440 --> 00:06:04,560
Speaker 3: in Amazon getting in on the game. It's called the

120
00:06:04,640 --> 00:06:06,600
Speaker 3: Amazon Ember art line.

121
00:06:06,640 --> 00:06:08,600
Speaker 5: Tim So it looks familiar, it's because it kind of

122
00:06:08,640 --> 00:06:11,279
Speaker 5: looks like Samsung's Frame TV, but it comes at like

123
00:06:11,320 --> 00:06:14,000
Speaker 5: a fraction of the price. Remember years ago, CS was

124
00:06:14,040 --> 00:06:16,320
Speaker 5: all about new TVs, like that's what it would be

125
00:06:16,360 --> 00:06:18,600
Speaker 5: every year. Hasn't been like that in a long time.

126
00:06:18,600 --> 00:06:21,279
Speaker 5: But the Still's TV is getting some love. This one

127
00:06:21,800 --> 00:06:26,120
Speaker 5: comes with interchangeable bezels, four K resolution, support for high

128
00:06:26,200 --> 00:06:31,039
Speaker 5: dynamic range formats, two thousand pieces of free art. But

129
00:06:31,080 --> 00:06:33,599
Speaker 5: here's the thing, the good art. It's the fire TV

130
00:06:33,720 --> 00:06:36,840
Speaker 5: software interface and the fire TV mobile app will let

131
00:06:36,880 --> 00:06:38,960
Speaker 5: users browse content and manage their watch list.

132
00:06:39,279 --> 00:06:42,960
Speaker 1: For TVs television. What's that nothing to them?

133
00:06:43,000 --> 00:06:45,440
Speaker 5: I'm just well, I'm saying for TVs nowadays, it's all

134
00:06:45,440 --> 00:06:48,080
Speaker 5: about the operating system, you know. Yeah, it's and you know,

135
00:06:48,080 --> 00:06:50,279
Speaker 5: you can put a Roku on anything. Essentially, I have

136
00:06:50,279 --> 00:06:52,280
Speaker 5: to tell you that if I want an Alexa enabled TV.

137
00:06:52,440 --> 00:06:53,680
Speaker 1: Yeah, you know, I was, you know, I was on

138
00:06:53,760 --> 00:06:55,680
Speaker 1: vacation and the house that we had rented down you

139
00:06:55,680 --> 00:06:57,520
Speaker 1: were gone, they had one of these TVs. It wasn't

140
00:06:57,640 --> 00:06:58,720
Speaker 1: it wasn't Amazon if.

141
00:06:58,640 --> 00:06:59,440
Speaker 5: It was a Samsung one.

142
00:06:59,520 --> 00:06:59,960
Speaker 3: But it was great.

143
00:07:00,120 --> 00:07:02,080
Speaker 1: I mean, I mean you honestly, we didn't realize as

144
00:07:02,120 --> 00:07:03,400
Speaker 1: the TV. It just looked like a piece of art

145
00:07:03,440 --> 00:07:05,160
Speaker 1: on the wall. And then we kind of realized, oh,

146
00:07:05,279 --> 00:07:07,200
Speaker 1: this is what we watch here, so I can see it.

147
00:07:07,240 --> 00:07:07,640
Speaker 1: I like it.

148
00:07:07,760 --> 00:07:13,720
Speaker 3: I think what's interesting too, Amazon Amazon copying other companies

149
00:07:13,800 --> 00:07:16,960
Speaker 3: right with their products, and they've gotten really I.

150
00:07:16,880 --> 00:07:18,320
Speaker 1: Mean, you know the first time.

151
00:07:19,400 --> 00:07:21,520
Speaker 3: Yeah, we did miss you by the way.

152
00:07:23,200 --> 00:07:28,440
Speaker 1: By the way, yes, yes, there, I was going to

153
00:07:28,440 --> 00:07:32,120
Speaker 1: go away by the way, Carol decided to start.

154
00:07:31,880 --> 00:07:35,520
Speaker 3: The we did miss you. So it's good to have thee.

155
00:07:35,640 --> 00:07:37,360
Speaker 1: We missed you too, at least I did. I don't

156
00:07:37,360 --> 00:07:37,880
Speaker 1: know about Kathy.

157
00:07:38,120 --> 00:07:40,760
Speaker 4: I absolutely did, but I could watch them. You know,

158
00:07:40,800 --> 00:07:42,360
Speaker 4: you guys were on all last week.

159
00:07:42,480 --> 00:07:44,960
Speaker 3: So to see how she said that you guys were

160
00:07:44,960 --> 00:07:46,560
Speaker 3: on all last week.

161
00:07:46,640 --> 00:07:50,760
Speaker 5: Was watching watching us on vacation. You know, thanks for.

162
00:07:50,720 --> 00:07:53,880
Speaker 4: Doing to keep a TV on. Support support the cause.

163
00:07:55,400 --> 00:07:55,720
Speaker 1: All right.

164
00:07:55,760 --> 00:07:57,800
Speaker 3: Anyway, Happy New Year, guys. It is good to be

165
00:07:57,880 --> 00:07:58,960
Speaker 3: back with you, and that is a.

166
00:07:59,000 --> 00:08:04,240
Speaker 2: Rappit the Stockmovers Report from Bloomberg Radio. Check back with

167
00:08:04,320 --> 00:08:06,880
Speaker 2: us throughout the day for the latest roundup of companies

168
00:08:06,960 --> 00:08:10,080
Speaker 2: making news on Wall Street and for the latest market

169
00:08:10,080 --> 00:08:14,560
Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

170
00:08:14,680 --> 00:08:18,160
Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with

171
00:08:18,240 --> 00:08:19,720
Speaker 2: the Bloomberg Business app,