Orsted Soars, Diageo Rises, ASM Downgraded

13/01/2026 4 min
Orsted Soars, Diageo Rises, ASM Downgraded

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Episode Synopsis

On this episode of Stock Movers:- Orsted shares surged after a US judge ruled work can resume on a wind farm off the coast of Rhode Island while it challenges the government’s latest attempt to stop offshore projects from being built.- Diageo — the maker of Guinness and Johnnie Walker — is considering options for its China assets, including a sale. Advisers have been tasked with sounding out interest from local buyers and private equity houses. Shares rose more than 2% in early trading on the news, as investors kept spirits up.- While expectations entering 2026 are higher for European semiconductors following sharp re-rating in 2025, analysts at Jefferies expect the sector to face a “choppy ride", noting that underlying trends for most companies remain “subdued” in their estimation. In semicap, they downgrade ASM International and VAT Group to Underperform.See omnystudio.com/listener for privacy information.

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