1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,640 --> 00:00:13,040 Speaker 2: The Stock Movers podcast, your roundup of companies making moves 3 00:00:13,080 --> 00:00:16,480 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:17,400 --> 00:00:19,119 Speaker 2: Let's take a look at some of the stocks on 5 00:00:19,200 --> 00:00:21,720 Speaker 2: the move today. I'm Paul Swingey alongside Alex Steel, and 6 00:00:21,720 --> 00:00:23,319 Speaker 2: we're joined by Bloomberg's Christina Quino. 7 00:00:23,680 --> 00:00:27,440 Speaker 1: Christine, we're looking at looking at Conco Phillips this morning. 8 00:00:27,480 --> 00:00:31,400 Speaker 1: Pol Yeah, Energy a big decliner today, as John Docer mentioned, 9 00:00:31,680 --> 00:00:34,680 Speaker 1: Oil is down, WTI crew down more than three percent 10 00:00:34,760 --> 00:00:37,440 Speaker 1: at the moment, and so Conico Phillips stick or cop 11 00:00:37,680 --> 00:00:40,199 Speaker 1: leading the declines in energy shares, it down more than 12 00:00:40,200 --> 00:00:43,720 Speaker 1: two percent, and that is its first decline in seven sessions, 13 00:00:44,120 --> 00:00:46,360 Speaker 1: by the way. And so the latest on that front, 14 00:00:46,360 --> 00:00:50,760 Speaker 1: of course is developments over the Iran Israel conflict. So 15 00:00:50,840 --> 00:00:53,440 Speaker 1: earlier we got the Wall Street Journal reporting that Iran 16 00:00:53,479 --> 00:00:56,640 Speaker 1: has signaled it wanted to escalate hostilities with Israel. And 17 00:00:56,720 --> 00:00:59,240 Speaker 1: so just before I came in here, Reuters were reporting 18 00:00:59,240 --> 00:01:02,120 Speaker 1: as well, Ron is seeking for President Trump to press 19 00:01:02,160 --> 00:01:05,679 Speaker 1: Israel for an immediate ceasefire and is offering flexibility in 20 00:01:05,880 --> 00:01:09,479 Speaker 1: nuclear talks. So big developments there, potentially very interesting. 21 00:01:09,920 --> 00:01:12,240 Speaker 3: Yeah, you definitely have some of the pure places and 22 00:01:12,240 --> 00:01:14,120 Speaker 3: I say pure plays, but Kinago does have a huge 23 00:01:14,160 --> 00:01:16,400 Speaker 3: gas business. They've been pivoting, et cetera. But that's a 24 00:01:16,440 --> 00:01:19,120 Speaker 3: good barometer for what's happening in the oil price. Right. 25 00:01:19,160 --> 00:01:20,560 Speaker 3: Let's go to am D am D. 26 00:01:20,840 --> 00:01:25,039 Speaker 1: Yeah, so the flip side that's leading gains and semiconductors today. 27 00:01:25,040 --> 00:01:28,160 Speaker 1: So ticker AMD shares are up more than eight percent, 28 00:01:28,280 --> 00:01:31,400 Speaker 1: nine percent now at the moment, so just really accelerating 29 00:01:32,080 --> 00:01:35,400 Speaker 1: those increases. And so you know, we have Piper Sandler 30 00:01:35,600 --> 00:01:38,319 Speaker 1: raising their price target for that company to one hundred 31 00:01:38,360 --> 00:01:41,840 Speaker 1: and forty dollars from one twenty five currently, and so 32 00:01:41,920 --> 00:01:45,200 Speaker 1: that implies twenty one percent increase from current prices. And 33 00:01:45,240 --> 00:01:47,640 Speaker 1: that's because analysts are saying that some of the products 34 00:01:47,680 --> 00:01:50,760 Speaker 1: they unveiled last week were positive and they expect a 35 00:01:50,840 --> 00:01:54,920 Speaker 1: snapback for the graphics processing unit business in the fourth quarter. 36 00:01:56,080 --> 00:01:58,000 Speaker 3: And wrapping it up with Meta. 37 00:01:57,680 --> 00:02:01,520 Speaker 1: Meta Tickermata that's also having a nice gain at the moment. 38 00:02:01,600 --> 00:02:03,760 Speaker 1: Heres are up more than three percent, and that's because 39 00:02:03,760 --> 00:02:07,280 Speaker 1: we just got news that it's WhatsApp product will now 40 00:02:07,320 --> 00:02:09,280 Speaker 1: start showing ads. Oh I don't like that, and it's 41 00:02:09,360 --> 00:02:12,040 Speaker 1: updates to have. I know, as I'm also WhatsApp user 42 00:02:12,040 --> 00:02:15,560 Speaker 1: and not particularly happy about this, but they are monetizing 43 00:02:15,760 --> 00:02:18,200 Speaker 1: that platform. So in addition to ads, by the way, 44 00:02:18,320 --> 00:02:21,440 Speaker 1: they're also going to let channel operators sell subscriptions. So 45 00:02:21,480 --> 00:02:24,760 Speaker 1: basically they can create special messages. They can create channels, 46 00:02:24,960 --> 00:02:28,280 Speaker 1: create special messages, and then charge for content that they 47 00:02:28,320 --> 00:02:32,120 Speaker 1: will deploy just for people who subscribe to their channels. Now, 48 00:02:32,160 --> 00:02:34,440 Speaker 1: the plan is for Meta to not take a cut 49 00:02:34,480 --> 00:02:37,200 Speaker 1: of the subscriptions sold through the app at launch, but 50 00:02:37,240 --> 00:02:39,799 Speaker 1: they will eventually take ten percent of Well, when they. 51 00:02:39,680 --> 00:02:40,920 Speaker 2: Bought this thing, I think it was like eight. 52 00:02:40,919 --> 00:02:42,600 Speaker 3: Years Oh my god, no it I was just thinking 53 00:02:42,600 --> 00:02:45,520 Speaker 3: the same thing. It was more than that, so it 54 00:02:45,600 --> 00:02:47,959 Speaker 3: was at least ten plus years ago. Remember was like 55 00:02:48,000 --> 00:02:49,079 Speaker 3: seven people worked there. 56 00:02:49,000 --> 00:02:49,600 Speaker 2: Yeah, exactly. 57 00:02:49,680 --> 00:02:52,080 Speaker 3: They got like two billion dollars sport and we kept saying, 58 00:02:52,480 --> 00:02:54,040 Speaker 3: when are you guys going to monetize this thing, and 59 00:02:54,040 --> 00:02:54,880 Speaker 3: they kept saying. 60 00:02:55,120 --> 00:02:55,800 Speaker 2: We will. 61 00:02:55,840 --> 00:02:57,680 Speaker 1: We will just let us get bigger and bigger and bigger. 62 00:02:57,760 --> 00:02:59,359 Speaker 1: Ten years later, here we are spreading to. 63 00:02:59,280 --> 00:03:04,640 Speaker 2: Monetize the Stockmovers podcast from Bloomberg Radio. 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