Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: This is the closing bell on the stock Movers report
Speaker 2: the company's making moves at the close of US trading
Speaker 2: with Carol Masser, Tim Stenebeck, Romain Bostik and Scarlet Food.
Speaker 3: All right, back to the big caps, I go s
Speaker 3: and P five hundred. As remain mentioned earlier, most names
Speaker 3: in the SNP hired today, three hundred and forty one
Speaker 3: names Katie to the upside, one hundred and sixty one
Speaker 3: losing some ground two unchanged.
Speaker 4: Well, let's go talk to the circle about it. The
Speaker 4: first time checking the circle in twenty twenty six, and boy,
Speaker 4: it's actually really interesting today up top. Well, you don't
Speaker 4: exactly see that big tech. Of course, we have to
Speaker 4: acknowledge that that is one of your biggest losers when
Speaker 4: it comes to a points basis. That's why it's highlighted.
Speaker 4: But overall, what a day that you saw for energy,
Speaker 4: that you saw for financials, consumer discretionary also catching a
Speaker 4: bid seven setters in total, finishing in the green. A
Speaker 4: different story when it comes to the downside. We talked
Speaker 4: about tech, but utility is your biggest losers on a
Speaker 4: percent basis. Consumer staples falling as well.
Speaker 3: This was a risk on day all right, So let's
Speaker 3: get to Katie mentioned certainly the energy out performance as
Speaker 3: a whole. So let's go through some of the names
Speaker 3: that definitely gained in today's session. Of course, the news
Speaker 3: President Trump pledging to revive the Venezuelan energy sector following
Speaker 3: the capture of that country's president Nicholas Maduro over the weekend. Valero,
Speaker 3: we saw that one up about nine percent in today's session.
Speaker 3: Formerly Schlumberger now SLB. That one was up about nine
Speaker 3: percent in today's session. Halliburton up almost eight percent, and
Speaker 3: Chevron up about five percent. Of course, very key in
Speaker 3: terms of its positioning and exposure there in Venezuela. I
Speaker 3: should put out secret financials Chief investment Officer Mark Mellick
Speaker 3: put out a note and he said, the US Golf
Speaker 3: Coast refiners, with years of experience building and optimizing refineries
Speaker 3: to handle that heavy Canadian rude, stand to benefit in
Speaker 3: the event changes in Venezuela restore output of that country's
Speaker 3: heavy sour oil. So that's why you saw names certainly
Speaker 3: like Valero and others, and some of these major integrated
Speaker 3: oil companies who can handle all of that all right.
Speaker 1: Now, you see that interview that Michael Berry gave I
Speaker 1: think it was the CNBC about his bet on Valero
Speaker 1: that I guess he said he entered into back in
Speaker 1: twenty twenty. No, and yeah, check it out. Yeah, basically
Speaker 1: say he I mean, not that he saw this coming
Speaker 1: today today, but the idea that he thought he saw
Speaker 1: some potential all the way back in twenty twenty for
Speaker 1: a big infrastructure shift in Venezuela.
Speaker 3: Oh well, that's interesting, right, but we'll see. Like I'm
Speaker 3: sure you guys have had the conversation the amount of
Speaker 3: money taken that's going to take to kind of rebuild
Speaker 3: Venezuela's energy industry. It's going to take a lot, it's
Speaker 3: going to take some time. It's going to have companies
Speaker 3: that are comfortable that there's going to be political stability
Speaker 3: and maybe a democratic or business friendly environment. Hey courtesy
Speaker 3: of Tim He talked to me about the nuclear fuelmakers
Speaker 3: that were rallying. They got a total of two point
Speaker 3: seven billion dollars from the US to restart production and
Speaker 3: being the US off enriched uranium. So the company is impacted.
Speaker 3: Take her lau Centrist Energy. They're based in Maryland. They
Speaker 3: got money, and they're up ten percent in today's session.
Speaker 3: And then eighty rs of the Canadian based Silex Systems,
Speaker 3: their co owner of Global Laser Enrichment, which also was
Speaker 3: awarded money. That one was up almost eleven percent in
Speaker 3: today's session. And then for something a little different, I'm
Speaker 3: going to go to a biotech altimmune. That one jumping
Speaker 3: nearly thirty percent intra day at its high, finishing the
Speaker 3: day with a gain of just about sixteen percent seventeen percent.
Speaker 3: The drug developer said it's experimental therapy for a fatty
Speaker 3: liver disease pem vititude received a breakthrough therapy designation from
Speaker 3: the FDA. I'm not quite sure if I said that right,
Speaker 3: but you know, sometimes when you don't, you just own it,
Speaker 3: go fast and move on.
Speaker 1: Yeah, it was an interesting selection there. You miss a few, though,
Speaker 1: U so love eighteen percent on the day.
Speaker 3: I thought I had a poor finlay, Like.
Speaker 5: Happy I missed.
Speaker 3: It's so good to have you met.
Speaker 5: Let's get to some of the decliners on the day today.
Speaker 5: Do you want to start with some of the energy
Speaker 5: stocks that did not actually finish higher on the day.
Speaker 5: Diamondback energy ticker FENG down three point five percent on
Speaker 5: the day. Today, As I mentioned, we did see a
Speaker 5: rotation out of some energy stocks, especially US focused shale
Speaker 5: oil producers. If more oil companies come online, we could
Speaker 5: see greater supply and lower prices, which wouldn't be good
Speaker 5: for these domestic shale producers, some of them already slowing
Speaker 5: down growth due to concern for a global gut developing.
Speaker 5: Shout out to our energy team for helping me out
Speaker 5: with that analysis. Over at Bloomberg News, Diamondback Energy, Koterra Energy, Expand,
Speaker 5: APA Corp and more actually fell today once again, Diamondback
Speaker 5: Energy down three and a half percent. And we also
Speaker 5: saw pharmaceuticals take a hit today, bucking the broader markets advance.
Speaker 5: The S and P five hundred pharmaceutical index fell the
Speaker 5: most going back to September. Eli Lilly among the decliners,
Speaker 5: down three point six percent. Of the seven stocks in
Speaker 5: their five did fall today and finally Versin shares starting
Speaker 5: trading today. This is the spinoff from Comcast of some
Speaker 5: of the cable networks, including CNBC and MS now well
Speaker 5: as much as fifteen point eight percent in the first
Speaker 5: day of trading. It ended up finishing daid down by
Speaker 5: thirteen percent. The company is a market cap right now
Speaker 5: about five point eight billion dollars. Lease from PayTV distributors
Speaker 5: and advertising, we're expected to have follow The company predicted
Speaker 5: earnings before interest, taxes, and depreciation and amortization would drop
Speaker 5: to two point one to five billion on sales of
Speaker 5: six point sixty billion for twenty twenty five.
Speaker 1: All right, let's take a quick check on the yield
Speaker 1: space right now. A little bit less activity there compared
Speaker 1: to what we saw inequity markets, but we did see
Speaker 1: a drop across the curve today about two basis points
Speaker 1: lower on the short end of the curve. Longer end
Speaker 1: of the curve a little bit more dramatic with a
Speaker 1: drop of about three to four basis points there, Keryl.
Speaker 3: All right, so let's get to some stories on our radar. Hey,
Speaker 3: if you're thinking about maybe, you know, sprucing up your home,
Speaker 3: maybe get a TV that I she looks like artwork.
Speaker 3: It seems to be the trend all of a sudden
Speaker 3: in Amazon getting in on the game. It's called the
Speaker 3: Amazon Ember art line.
Speaker 5: Tim So it looks familiar, it's because it kind of
Speaker 5: looks like Samsung's Frame TV, but it comes at like
Speaker 5: a fraction of the price. Remember years ago, CS was
Speaker 5: all about new TVs, like that's what it would be
Speaker 5: every year. Hasn't been like that in a long time.
Speaker 5: But the Still's TV is getting some love. This one
Speaker 5: comes with interchangeable bezels, four K resolution, support for high
Speaker 5: dynamic range formats, two thousand pieces of free art. But
Speaker 5: here's the thing, the good art. It's the fire TV
Speaker 5: software interface and the fire TV mobile app will let
Speaker 5: users browse content and manage their watch list.
Speaker 1: For TVs television. What's that nothing to them?
Speaker 5: I'm just well, I'm saying for TVs nowadays, it's all
Speaker 5: about the operating system, you know. Yeah, it's and you know,
Speaker 5: you can put a Roku on anything. Essentially, I have
Speaker 5: to tell you that if I want an Alexa enabled TV.
Speaker 1: Yeah, you know, I was, you know, I was on
Speaker 1: vacation and the house that we had rented down you
Speaker 1: were gone, they had one of these TVs. It wasn't
Speaker 1: it wasn't Amazon if.
Speaker 5: It was a Samsung one.
Speaker 3: But it was great.
Speaker 1: I mean, I mean you honestly, we didn't realize as
Speaker 1: the TV. It just looked like a piece of art
Speaker 1: on the wall. And then we kind of realized, oh,
Speaker 1: this is what we watch here, so I can see it.
Speaker 1: I like it.
Speaker 3: I think what's interesting too, Amazon Amazon copying other companies
Speaker 3: right with their products, and they've gotten really I.
Speaker 1: Mean, you know the first time.
Speaker 3: Yeah, we did miss you by the way.
Speaker 1: By the way, yes, yes, there, I was going to
Speaker 1: go away by the way, Carol decided to start.
Speaker 3: The we did miss you. So it's good to have thee.
Speaker 1: We missed you too, at least I did. I don't
Speaker 1: know about Kathy.
Speaker 4: I absolutely did, but I could watch them. You know,
Speaker 4: you guys were on all last week.
Speaker 3: So to see how she said that you guys were
Speaker 3: on all last week.
Speaker 5: Was watching watching us on vacation. You know, thanks for.
Speaker 4: Doing to keep a TV on. Support support the cause.
Speaker 1: All right.
Speaker 3: Anyway, Happy New Year, guys. It is good to be
Speaker 3: back with you, and that is a.
Speaker 2: Rappit the Stockmovers Report from Bloomberg Radio. Check back with
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