WEBVTT - Warner Bros. Discovery Rises, First Solar Soars, Navan Trades Higher

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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 that's.

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<v Speaker 1>Drill into some of the individual movers. Very pleased to

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<v Speaker 1>say that we're going to be able to be doing

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<v Speaker 1>that across the board when we think about who's going

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<v Speaker 1>to be tracking what moves and when and by whom.

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<v Speaker 1>And we've got an Italian in the house, so we

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<v Speaker 1>can look across the board and what's happening with the

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<v Speaker 1>Italian Nijevich and your equity support of bloombag News tell

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<v Speaker 1>us what's dictating trade for you at.

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<v Speaker 3>The moment, right, So let's start with the biggest, one

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<v Speaker 3>of the biggest move vers today, Warner Brothers. The ticker

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<v Speaker 3>is WBD. Shares are up by three point almost five

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<v Speaker 3>percent today. As we know, Larry Ellison, who is a

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<v Speaker 3>co founder of our oracle and the father of David Ellison.

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<v Speaker 3>So he agreed to provide a personal guarantee ir, irrevocable

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<v Speaker 3>personal guarantee of this forty zero point four billion dollars

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<v Speaker 3>in equity financing for this paramount's bid for Warner Brothers.

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<v Speaker 3>So basically he agreed not to revoke family trust while

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<v Speaker 3>the deal has been pending. And also we know that

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<v Speaker 3>Paramount offered to increase regulatory reverse termination fee to five

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<v Speaker 3>point eight billion dollars from five billion dollars, matching Netflix offer.

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<v Speaker 3>And for now, the next stage is basically to wait

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<v Speaker 3>and see how shareholders react. And if I'm not mistaken,

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<v Speaker 3>we do have time until January twenty first, so we'll

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<v Speaker 3>see how this plays out.

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<v Speaker 1>Yeah, they push back that date for shareholders to react.

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<v Speaker 1>You're also looking in the energy space. What's kind of

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<v Speaker 1>a fast soil.

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<v Speaker 3>Yeah, so First Solar, the ticker is FSLR. Shares are

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<v Speaker 3>up by six point five percent, one of the biggest

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<v Speaker 3>and highest intra day moves since June twenty twenty four.

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<v Speaker 3>This is after Alphabet agreed to buy clean energy developer

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<v Speaker 3>Intersect Power. So this is one of Alpha's biggest deals.

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<v Speaker 3>Of course, it will help the company to get more

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<v Speaker 3>access to electricity. The reason why First Solar is up

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<v Speaker 3>today because Intersect is one of its biggest clients and

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<v Speaker 3>First Solar sells solar panels to Intersect and they have

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<v Speaker 3>a contract from twenty twenty five to twenty twenty nine

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<v Speaker 3>so it is a big beneficiary of this big deal

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<v Speaker 3>and trade right.

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<v Speaker 1>Now, I'm a feeling that's going to be a trend

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<v Speaker 1>energy for the AI space and certainly want to watch

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<v Speaker 1>what about Nevan? What are you looking at that?

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<v Speaker 3>Yeah, so this is one of the post IPO stories.

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<v Speaker 3>So we saw that Nevan, the Tickeries and AVN shares

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<v Speaker 3>are up by five percent today. The company was added

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<v Speaker 3>to our broad market Russell three thousand index and small

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<v Speaker 3>cup cap Russell two thousand index today, so we see that, Yes,

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<v Speaker 3>the stock is up today significantly, but it's still done

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<v Speaker 3>by more than thirty percent since it's IPO, which happened

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<v Speaker 3>in late October. What is interesting is that when we

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<v Speaker 3>got analysts t Nishi, people are very bullish on this stock.

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<v Speaker 3>The price target is at around twenty five dollars. Now

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<v Speaker 3>it's trading in fifteen, so again Wall Street is polish,

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<v Speaker 3>but the company is still unprofitable, so there is still

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<v Speaker 3>a lot of kind of uncertainty around fundamentals.

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<v Speaker 1>It's interesting. I think there's gonna be quite a lot

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<v Speaker 1>of IPOs coming up in twenty twenty six and everyone's

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<v Speaker 1>going to be helding on with bated breath. You got

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<v Speaker 1>the one point five trillion potential coming from SpaceX for

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<v Speaker 1>people wondering whether or not Opening I will be cashing

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<v Speaker 1>in on the public markets coming to his IPO is

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<v Speaker 1>going to be remained something the topic du jure as

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<v Speaker 1>we see them perform into the next year.

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<v Speaker 3>Absolutely, and we are really excited that it's not just

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<v Speaker 3>big tech IPOs or aiplay. We see that some analysts

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<v Speaker 3>are interested in let's say industrials, consumer space companies, so

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<v Speaker 3>it's not going to be just pure AI driven stories.

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<v Speaker 3>But yes, twenty twenty six, but we said that about

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<v Speaker 3>twenty twenty five. Twenty twenty five will be a year

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<v Speaker 3>of IPO, So unless we have market uncertainty or big

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<v Speaker 3>b atory, is going to be a really exciting year.

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<v Speaker 2>The Stockmover's Report from Bloomberg Radio. Check back with us

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<v Speaker 2>throughout the day for the latest roundup of companies making

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<v Speaker 2>news on Wall Street and for the latest market moving headlines.

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