Stock Movers

Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers: - Chime Financial (CHYM) struck a deal to buy Stride Bank for $590 million in cash, with Stride to become Chime Bank, a wholly owned subsidiary. Chime will consolidate its banking activities at Stride and seek to keep the bank's assets below $10 billion for the "foreseeable future...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostic, Carol Massar and Tim Stenovec - Bloom Energy (BE) and Everpure shares are rising on Tuesday after S&P Dow Jones Indices said the companies will join th...

Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers: - Qualcomm (QCOM) signed an agreement with Amazon.com Inc. to create customized chips for Amazon Web Services' AI infrastructure. The agreement gives Amazon the right to acquire as much as $4 billion in Qualcomm stock and will last through "multiple generations" of equipment. Qual...

On this episode of Stock Movers: Amgen (AMGN) shares tumble. Shares of makers of heart drugs like Ionis Pharmaceuticals and Amgen are lower after Novartis AG said its heart medication, pelacarsen, failed in a final-stage study. Oracle (ORCL) shares gain. Analysts are growing optimistic about the software company’s upcoming results, due after the market close on Thursday. The stock is on trac...

On this episode of Stock Movers: - SpaceX (SPCX) shares rise. SpaceX's weighting in the Nasdaq 100 Index is expected to rise after the index's next rebalancing, which is set to be announced on Friday and take effect on Sept. 21. The increase in weighting could force $12.4 billion of net passive buying from index funds and ETFs, according to revised estimates by JPMorgan Securities strategists. - Q...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Novartis (NOVN) shares are lower as it suffered its third clinical-trial setback in a week after a treatment for a rare muscle-wasting disease failed a late-stage study. - Boston Scientific (BSX) shares are moving on news it said that fallout from a cybersecurity incident has impacted its ability to ship its...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Novartis (NOVN) shares are lower as it suffered its third clinical-trial setback in a week after a treatment for a rare muscle-wasting disease failed a late-stage study. - Boston Scientific (BSX) shares are moving on news it said that fallout from a cybersecurity incident has impacted its ability to ship its...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Novartis suffered its third clinical-trial setback in a week after a treatment for a rare muscle-wasting disease failed a late-stage study. Novartis shares plunged as much as 10% in early Zurich trading, reducing their gain for the year to about 4%, trailing rival Roche. - Computacenter shares climb as much...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Novartis suffered its third clinical-trial setback in a week after a treatment for a rare muscle-wasting disease failed a late-stage study. Novartis shares plunged as much as 10% in early Zurich trading, reducing their gain for the year to about 4%, trailing rival Roche. - Sandoz nudged up its mid-term guida...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Samsung's anticipated equity buyback is raising investor expectations that the Korean giant will buy up non‑voting preferred shares, narrowing a steep discount and setting an example for others. - Asia PC maker shares drop after a report that Intel plans to raise personal computer CPU prices by another 10% a...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Novartis shares fall as much as 3.9% after the Swiss pharma group’s potential blockbuster heart drug, pelacarsen, failed in a final-stage study. It’s the company’s second trial disappointment within a week, coming days after Novartis temporarily paused trials of an experimental cell therapy...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - The rally in stocks was led by chipmakers Samsung Electronics and SK Hynix on Monday, while foreign investors bought over a net 1.8 trillion won ($1.3 billion) of Korean stocks on the Kospi Index, extending inflows to a third session, according to exchange data. - Largan shares fall more than 6% after August...

Earnings are in focus with Oracle, Adobe, and Macy’s reporting in the coming days. Bloomberg’s Nathan Hager previews what to expect from these companies in the week ahead with Carmen Reinicke, Bloomberg Equities Reporter. See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market. On this episode of Stock Movers, we take a look at some of the week's biggest gainers and decliners: - Lululemon (LULU) lowered its full-year outlook for a second straight quarter, signaling deep challenges for incoming Chief Executive Officer Heidi O’Neill. Sales are now projected to be in a range of $10.35 billion to $10.5 billion in...

On this episode of Stock Movers: - Lululemon (LULU) lowered its full-year outlook for a second straight quarter, with sales now projected to be in a range of $10.35 billion to $10.5 billion. Incoming CEO Heidi O’Neill to face challenges including winning back market share, rebounding from product mishaps, and rebuilding the executive team after a series of recent departures. - Adobe (ADBE) c...

On this episode of Stock Movers: - Lululemon (LULU) shares drop. Lululemon Athletica Inc. lowered its full-year outlook for a second straight quarter, with sales now projected to be in a range of $10.35 billion to $10.5 billion. The company reported its first decline in comparable sales since the pandemic and trimmed its outlook for earnings per share, with shares of Lululemon tumbling 19.5% in Ne...

On this episode of Stock Movers: - Tesla (TSLA) shares drop. Tesla rolled out its Cybercab for robotaxi service, advancing Elon Musk’s futuristic vision while drawing fresh scrutiny from US auto regulators. The US National Highway Traffic Safety Administration opened a probe into the process and technical data on which Tesla relied when it self-certified the vehicles as compliant with federa...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Lululemon (LULU) shares are diving as its China business is showing signs of strain, with revenue in mainland China falling 2% in the second quarter after adjusting for currency fluctuations. - Tesla (TSLA) shares are lower on news it formally rolled out the Cybercab for robotaxi service, a long-anticipated...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Lululemon (LULU) shares are diving as its China business is showing signs of strain, with revenue in mainland China falling 2% in the second quarter after adjusting for currency fluctuations. - Adobe (ADBE) is lower after it named Anil Chakravarthy as its next chief executive officer, with Chakravarthy movin...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Volkswagen shares gain as much as 9.7%, the biggest intraday move since March 2023, after the carmaker’s supervisory board backed a sweeping restructuring that includes 50,000 additional job cuts. Analysts say the plan is necessary for the company to remain competitive, while cautioning that execution...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Volkswagen shares gain as much as 9.7%, the biggest intraday move since March 2023, after the carmaker’s supervisory board backed a sweeping restructuring that includes 50,000 additional job cuts. Analysts say the plan is necessary for the company to remain competitive, while cautioning that execution...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Softbank is celebrating OpenAI's new model, which is also boosting Kioxia and SK Hynix with it. - China's good services PMI is lifting big e-commerce names such as Alibaba and Meituan. - Sung Hung Kai and other Hong Kong property names are getting a lift from Fed Governor Christopher Waller's commentary on r...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Lululemon (LULU) lowered its full-year outlook for a second straight quarter, signaling deep challenges for incoming Chief Executive Officer Heidi O’Neill. Sales are now projected to be in a range of $10.35 billion to $10.5 billion in the current fiscal year that ends in early 2027. That’s down f...

On this episode of Stock Movers: - Snowflake's (SNOW) shares jumped after the company raised its outlook for annual sales and touted rapid adoption of its AI-assisted coding tool. Product revenue in the year ending in January will be about $6.07 billion, beating the analysts’ average projection of $5.86 billion. - Tyson Foods (TSN) plunged after the largest US meatpacker cut its full-year ea...

On this episode of Stock Movers: - Nvidia (NVDA) shares rise. Nvidia Corp. has agreed to acquire artificial intelligence startup Hugging Face in a transaction valued at about $13 billion. The chipmaker giant said it will keep Hugging Face’s platform open and consistent with the startup’s existing practices. Nvidia Chief Executive Officer Jensen Huang is committed to helping foster so-c...