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Stock Movers Report, your roundup of companies making moves in the stock market, harnessing the power of Bloomberg Data.

Let's look at some of the stocks on the move today here in Europe.

I'm Caroline Hepkar with Lizzie Burden, and we're joined by Bloomberg reporter Clone Malay.

Good morning.

There's been a jump in Denmark's all stage after a ruling on key wind projects in the US, a story we've been following closely.

Yeah.

Absolutely, so, you, as judge as ruled that ol Said could resume work on a wind project off the coast of Rhode Island in the US, and that is a project that the Trump administration had suspended.

So that ruling means that Austid can continue building that wind farm, which is about ninety percent complete already, while that legal fight with the administration continues.

And that's seen as quite a big win for AUSTED, which has been embroiled in this ongoing at all with the Trump administration for a while now because Trump despises wind farms, and so it's seen also as a larger win for the renewable energy industry.

And more generally because we now that that ruling offers some hope to other companies that are facing the same pushback from the US administration.

And so we saw the companies like Vestas, for example, which makes wind turbines, also moving higher today on.

The back of that.

And you know, the US administration often cites and national security concerns and concerns around destroying the landscape as reason and reasons not to have those projects continue.

But this ruling seems to say that that is not necessarily enough to have those stop work orders.

And now the same judge is considering all Said's requests to continue work on another project, the Sunrise wind project near New York.

And so we'll manage if we'll see if it manages to win there too, and that would be another big win for Allsted.

Now, next up we turn to Diagio, the drinks maker of course Chloe, which.

Is thirsty for an asset sale.

Indeed, it is said to be considering options for his Chinese excuse me assets, and that includes a potential divestments.

This is part of a broader strategy for Diadro to streamline its portfolio.

It's not been having the best time recently this company, it cut its outlook back in November because of much lower demand in both China and the US, which are obviously two of its key markets, and is dealing with a quite a difficult environment, a change in consumer environment where people don't have the money to buy very expensive alcohol, where people also are starting to drink a little bit less as well, and in China in particular, there's also the added challenge of growing competition from local arrivals, and so Diedro has been trying to find ways to trim its portfolio to deal with all of those challenges.

And we had, for example, recently it agreed to sell a stake in East African Breweries to ASII Holdings and that was for two point three billion dollars.

So it is thinking about those different divestments and this potential one for in China is the next step.

And investors are reacting quite positively to this move from Diandro.

Okay, meanwhile, Jeffrey is predicting storms ahead for semiconductors.

How the likes of ASM ASM reacting.

Yeah, So, ASM was downgraded this morning by by Jeffrey's analysts, and they said that the semiconductor sector was facing a choppy ride in twenty twenty six, and that is because demand outside of AI is actually still quite weak, and analysts said that disappointments were likely for this year, and to by downgrading ASM that means that they expect that company to be potentially part of those disappointments this year.

It's interesting because it's you know, there have been some signals from other companies that the industrial and market, the automotive and market for chips have been recovering.

You know, we saw a few weeks ago we had Microchip over in the US saying something to that effect.

But this downgrade today shows maybe that this recovery in those end markets outside of AI perhaps isn't guaranteed or maybe won't be as strong as expected.

And so we are still very much in a situation where AI chips are insane demand, but then the rest is still actually quite subdued, and so that that might be a bit of a challenge for some of those semiconductor names this year.

The Stock Movers Report from Bloomberg Radio.

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