Stock Movers

On this episode of Stock Movers: - Oracle (ORCL) sees a 7% boost after it was announced that they would be leading a group of buyers in purchasing TikTok. - Nike (NKE) is down for the fourth day in a row with an 11% drop today. Sales are continuing to decline, citing difficulty in China as well as their Converse brand. - BioMarin Pharmaceutical (BMRN) is up big at 17% with their agreement to buy A...

On this episode of Stock Movers: - Nike (NKE) shares sink after the company warned that sales will decline this quarter amid persistent weakness in China and at its Converse brand. The world’s largest sportswear company expects revenue to be down in the low-single digits in the three months that started Dec. 1, a surprising turn after two straight periods of growth. - FedEx (FDX) shares fall...

On this episode of Stock Movers: - BioMarin (BMRN) shares rise after the company agreed to buy Amicus Therapeutics Inc. for about $4.8 billion, helping the biotech company expand its portfolio of treatments for rare diseases. - FedEx (FDX) shares fall the most intraday since June 25, as the shipping firm upgraded FY targets, but to a lower magnitude than the 2Q earnings beat as it suffers from a s...

On this episode of Stock Movers: - Shares of Nike (NKE) fell as much as 10 percent in premarket trading as the sportswear retailer’s third-quarter guidance disappointed investors, with its turnaround hampered by weak sales in China and the Converse brand. It expects third-quarter sales to be down low-single digits, and gross margins to shrink by roughly 2 percentage points due to tariffs. No...

On this episode of Stock Movers: - Shares of Nike (NKE) fell as much as 10 percent in premarket trading as the sportswear retailer’s third-quarter guidance disappointed investors, with its turnaround hampered by weak sales in China and the Converse brand. It expects third-quarter sales to be down low-single digits, and gross margins to shrink by roughly 2 percentage points due to tariffs. No...

On This episode of Stock Movers: - WH Smith is under investigation by the UK’s Financial Conduct Authority over the accounting error in its North American business that triggered a stock slump and the resignation of its chief executive officer. - BBVA SA said it will carry out its largest share buyback ever as it seeks to draw a line under its failed bid for Banco Sabadell. - Ipsen shares dr...

On This episode of Stock Movers: - Renault has regained its investment-grade status at S&P Global Ratings. UBS rates Arcadis and Rieter neutral. On Tradegate, Rolls-Royce and Ads-Tec Energy are among the most active industrials stocks before European markets open, gaining 1.2% and falling 8.2% respectively. - European sportswear stocks could be active on Friday after Nike warned sales will dec...

On this episode of Stock Movers: - Micron (MU) kicked off its biggest single-day stock gain in more than eight months after delivering an upbeat forecast for the current quarter, signaling that surging demand and supply shortages are allowing the memory-chip maker to charge more for products. - Nike (NKE) posted more weakness in China and its Converse brand, sending shares down and offsetting high...

On this episode of Stock Movers: - Cannabis stocks like Tilray (TLRY) and Canopy (CGC) fell Thursday after President Donald Trump signed an executive order to reschedule marijuana as a lower-class drug. Trump's order reclassifies marijuana as a Schedule III drug from Schedule I, but doesn't permit legalized recreational sales. Other Schedule I substances include highly addictive drugs with no acce...

On this episode of Stock Movers: - Cannabis stocks like Tilray (TLRY) and Canopy (CGC) fell Thursday after President Donald Trump signed an executive order to reschedule marijuana as a lower-class drug. Trump's order reclassifies marijuana as a Schedule III drug from Schedule I, but doesn't permit legalized recreational sales. Other Schedule I substances include highly addictive drugs with no acce...

On this episode of Stock Movers: - Accenture (ACN) shares fall after the IT services company gave an outlook that analysts said pointed to slower growth. It also reported first-quarter results that are seen as strong. - Birkenstock (BIRK) shares drop after the company predicted a slower pace of sales growth in the coming year as its sandals and clogs contend with the impact of a weaker US dollar a...

On this episode of Stock Movers: - Instacart (CART) is down after Reuters reported that the Federal Trade Commission has sent the grocery delivery company a civil investigative demand. - Lululemon (LULU) rises on reports that activist investor Elliott Investment Managementhas built a stake of more than $1 billion in the athletic apparel retailer. - Micron (MU) jumps after providing an upbeat forec...

On this episode of Stock Movers: - Shares of Trump Media & Technology Group Corp (DJT) soared ahead of the US market open after the company behind Truth Social announced that it agreed to merge with clean fusion energy company TAE Technologies in an all-stock transaction valued at more than $6 billion. - Shares of Micron Technology (MU) moved higher in premarket trading after the company gave...

On this episode of Stock Movers: - Shares of Trump Media & Technology Group Corp (DJT) soared ahead of the US market open after the company behind Truth Social announced that it agreed to merge with clean fusion energy company TAE Technologies in an all-stock transaction valued at more than $6 billion. - Shares of Micron Technology (MU) rallied in premarket trading after the company gave an up...

On This episode of Stock Movers: - BP Plc appointed Meg O’Neill as chief executive officer, replacing Murray Auchincloss after just two years in the job as the oil giant struggles to revive its fortunes following a botched pivot toward renewables. - Whitbread shares rally as much as 4.5%, Thursday’s biggest gainer in the FTSE 100. Corvex Management announced it has accumulated a 6.05%...

On This episode of Stock Movers: - BP Plc appointed Meg O’Neill as chief executive officer, replacing Murray Auchincloss after just two years in the job as the oil giant struggles to revive its fortunes following a botched pivot toward renewables. - Evolution drops as much as 3.1% following a double-downgrade to underweight from overweight at Barclays, which sees continued pressure on the Sw...

On this episode of Stock Movers: - General Mills (GIS) shares rise 1.6% after the food company’s second-quarter results beat Street expectations. A highlight of the report was positive volume growth in the North America Retail segment. The company maintained its annual guidance ranges, despite the beat, given persistent consumer pressures. - Oracle (ORCL) shares are down 5.3% on Wednesday, a...

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Tim Stenovec and Carol Massar. On this episode of Stock Movers: - Micron (MU) the largest US maker of computer memory chips, gave an upbeat forecast for the current quarter, a sign that surging demand and supply shortages are a...

On this episode of Stock Movers: - Oracle (ORCL) shares are down 5.3% on Wednesday, after the Financial Times reported that Blue Owl Capital will not back a $10 billion deal for the software giant’s next data center. Subsequently, an Oracle spokesperson said that Blue Owl is out of the data center deal, but that it remains on schedule. - Lennar (LEN) shares fall 3.8% in premarket trading aft...

On this episode of Stock Movers: - Lennar (LEN) shares fall. Builder Lennar Corp.’s forecast for quarterly home orders missed analysts’ estimates as affordability pressures and the weakening job market pushes buyers to the sidelines. The company projected 18,000 to 19,000 signed contracts for its fiscal first quarter, according to a statement Tuesday. Analysts expected 20,297, the aver...

On this episode of Stock Movers: - General Mills (GLS) shares rise after chief executive Jeff Harmening said consumers are buying food on sale due to economic pressures. The company has lowered prices across roughly two-thirds of its North American retail business to boost sales. - Oracle (ORCL) shares fall after the company said final negotiations on an equity deal for a data center project in Mi...

On this episode of Stock Movers: - Shares of Netflix (NFLX) moved higher in premarket trading as Warner Bros. Discovery plans to reject Paramount Skydance’s takeover bid due to concerns about financing and other terms, according to sources. After deliberating and reviewing Paramount’s bid, Warner Bros.’ board will urge shareholders to reject the tender offer, said the people, who...

On this episode of Stock Movers: - Shares of Amazon (AMZN) rallied ahead of the US market open on reports that OpenAI is in initial discussions to raise at least $10 billion from Amazon and use its chips, a potential win for the online retailer’s effort to broaden its AI industry presence and compete with Nvidia Corp. The deal under discussion could value OpenAI north of $500 billion and see...

On This episode of Stock Movers: - Diageo agreed to sell its majority stake in East African Breweries Ltd. to Japan’s Asahi Group Holdings Ltd. in a $2.3 billion deal as the struggling UK distiller seeks to spur growth by paring back non-core operations. - DBV Technologies shares soared after the company said its experimental skin patch helped young children with a peanut allergy in a crucia...

On This episode of Stock Movers: - DBV Technologies shares soared after the company said its experimental skin patch helped young children with a peanut allergy in a crucial study. - The Trump administration threatened retaliation against the European Union in response to efforts to tax American tech companies, singling out prominent companies, including Accenture Plc, Siemens AG and Spotify Techn...