Stock Movers

On this episode of Stock Movers: - Pfizer (PFE) forecast little growth in sales for next year as the drugmaker looks to refresh its pipeline of hit drugs with a series of pricey acquisitions. Revenue next year will be $59.5 billion to $62.5 billion, roughly in line with Wall Street’s estimate, Pfizer said Tuesday in a statement. Sales this year are expected at $62 billion, within the range t...

On This episode of Stock Movers: - European defense stocks slide after President Donald Trump said a negotiated end to the war is “closer” than ever with US negotiators offering significant security guarantees to Kyiv. In Germany, Rheinmetall falls as much as 4.6% - UBS rises as much as 2.3% after BofA upgrades the Swiss lender to buy from neutral, saying it is set to grow EPS at the f...

On this episode of Stock Movers: - European defense stocks slide after President Donald Trump said a negotiated end to the war is “closer” than ever with US negotiators offering significant security guarantees to Kyiv. In Germany, Rheinmetall falls as much as 4.6% - The Magnum Ice Cream Company is moving to oust the chair of Ben & Jerry’s board, the Financial Times reported,...

On this episode of Stock Movers: - Ford (F) sees a slight boost to their stock price after announcing that they will be overhauling their EV division after losing around $5 billion in the division last year. - Zillow (Z) stock is down with Google testing their new real estate advertising format that could rival websites like Zillow. - Hershey (HSY) share price rose 3% with the chocolate category d...

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: - Tesla (TSLA) shares rose around 3.5% increasing to $475 a share and coming close to being the first all-time high close for the stock this year. - ServiceNow (NO...

On this episode of Stock Movers: - iRobot (IRBT) shares drop after the company filed for bankruptcy and considers handing over control to its main Chinese supplier. - Strategy Inc. (MSTR) stock falls after a near $1 billion purchase of Bitcoin as the cryptocurrency's price continues to drop. - Zillow (Z) price tumbles 11% as Alphabet's Google has begun testing a new advertising format for real est...

On this episode of Stock Movers: - iRobot (IRBT) shares plunge after the company that revolutionized robot vacuum cleaners in the early 2000s with its Roomba model, filed for bankruptcy and proposed handing over control to its main Chinese supplier. - ServiceNow (NOW) shares are down after news that the company is near an agreement to buy cybersecurity startup Armis in a tie-up that could be value...

On this episode of Stock Movers: - ServiceNow (NOW) shares are down after news that the company is near an agreement to buy cybersecurity startup Armis in a tie-up that could be valued at up to $7 billion, according to unidentified people familiar with the talks in a report by Bloomberg. - Franklin Resources (BEN) shares rise after the firm said the US Department of Justice is preparing to resolve...

On this episode of Stock Movers: - Shares of Roomba maker iRobot Corp. (IRBT) plummeted ahead of the US market open after the company that revolutionized robot vacuum cleaners in the early 2000s with its Roomba model, filed for bankruptcy and proposed handing over control to its main Chinese supplier. The Massachusetts-based consumer robot maker, which is currently listed, will be taken over by Ch...

On this episode of Stock Movers: - Nvidia (NVDA) is leading a premarket recovery across the magnificent seven cohort of big tech stocks, after the group suffered a two-day drop amid concern over elevated spending and delays for projects tied to AI. An equal-weight basket of Magnificent Seven tech stocks dropped 0.8% on Friday after Bloomberg reported that Oracle pushed back the completion dates fo...

On this episode of Stock Movers: - Juventus Football Club SpA shares rose the most this year after the Agnellis family’s investment vehicle Exor NV rejected an unsolicited bid by Tether Holdings to acquire the Italian football club. - Sanofi’s experimental multiple sclerosis drug got hit with two setbacks on Monday: a regulatory delay in the US as well as a failure in a late-stage clin...

On this episode of Stock Movers: - Shares in Europe’s defense companies including Rheinmetall are falling Monday amid ongoing Ukraine peace talk meetings and after President Volodymyr Zelenskiy said he could accept security guarantees from the US and Europe instead of NATO membership. - Stellantis is among some of Europe’s embattled automakers set to get a breather as they struggle wit...

On this episode of Stock Movers: - Oracle (ORCL) closed 4.47% lower today and fell 12.7% this week. Shares slipped after earnings disappointed investors, and Bloomberg reported that some of the company's data centers being built for OpenAI will now be completed in 2028 instead of 2027. The delays stem from shortages of labor and materials, fueling doubts about execution, according to Bloomberg. -...

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: - Lululemon (LULU) shares finished the day 9.6% higher after the yoga-wear retailer said its CEO Calvin McDonald will step down after a seven-year stint, signaling...

On this episode of Stock Movers: - Oracle (ORCL) shares slipped after Bloomberg reported that some of the company's data centers being built for OpenAI will now be completed in 2028 instead of 2027. The delays stem from shortages of labor and materials, fueling doubts about execution, according to Bloomberg. - Broadcom (AVGO) shares fall as much as 9.3%, the most intraday since April 10, as invest...

On this episode of Stock Movers: - Broadcom (AVGO) shares slide the most intraday since April 10, as investors scrutinize the chipmaker’s $73b of AI backlog to be delivered in the next 18 months. That figure fell short of more bullish expectations, but the company said it was a “minimum” number as orders will be topped up over time. - Lululemon (LULU) shares surge after the compa...

On this episode of Stock Movers: - Lululemon (LULU) shares surge after the company boosted its full-year outlook and announced that its chief executive officer would step down. The company is searching for a replacement for CEO Calvin McDonald, who will depart the top post at the end of January, and the decision to find new leadership is seen as "overdue" by Jefferies analyst Randal Konik. - Broad...

On this episode of Stock Movers: - Shares of Broadcom (AVGO) tumbled in premarket trading after its sales outlook for the red-hot market failed to meet investors’ lofty expectations. The shares fell about 5% in premarket trading on Friday, following unsettling commentary from Chief Executive Officer Hock Tan on a conference call with analysts. He said the company has a backlog of $73 billion...

On this episode of Stock Movers: - Shares of Broadcom (AVGO) slide in premarket trading after its sales outlook for the red-hot market failed to meet investors’ lofty expectations. The shares fell about 5% in premarket trading on Friday, following unsettling commentary from Chief Executive Officer Hock Tan on a conference call with analysts. He said the company has a backlog of $73 billion i...

On this episode of Stock Movers: - Shares in UBS soared to the highest intraday level since early 2008 as a group of influential lawmakers proposed watering down the capital demands that Switzerland wants to impose on the bank. - Lufthansa shares rise as much as 6.9%, hitting the highest intraday level since August 2023. Kepler Cheuvreux upgrades the German flag carrier airline to buy from hold, c...

On this episode of Stock Movers: - Shares in UBS soared to the highest intraday level since early 2008 as a group of influential lawmakers proposed watering down the capital demands that Switzerland wants to impose on the bank. - Standard Chartered shares climb as much as 2.6% in Hong Kong after Goldman Sachs upgraded the stock to a “buy,” citing improving profitability and the chance...

On this episode of Stock Movers: - Broadcom (AVGO) is rising afterhours. The company gave a strong revenue forecast for the current quarter, signaling that demand for AI data center equipment is fueling growth. The company said sales will be about $19.1 billion in the fiscal first quarter, and Chief Executive Officer Hock Tan expects AI semiconductor revenue to double year-over-year to $8.2 billio...

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: - The Mosaic Company (MOS) is up by 6% at the close. Fertilizer stocks jumped after Ukraine said drones had hit two fertilizer plants in western Russia, on concern...

On this episode of Stock Movers: - Eli Lilly (LLY) gains 2.6% as a late-stage study showed that a next-generation obesity shot helped patients lose almost a quarter of their body weight, potentially making the experimental drug the most potent weight-loss medicine yet. - Gemini Space Station (GEMI) rose 20% after its application for a derivatives exchange was approved by the Commodity Futures Trad...

- Shares of Oracle (ORCL) fell in early trading after the company reported a jump in spending on AI data centers and other equipment, rising outlays that are taking longer to translate into cloud revenue than investors want. Fiscal second-quarter cloud sales increased 34% to $7.98 billion, while revenue in the company’s closely watched infrastructure business gained 68% to $4.08 billion. Bot...