Stock Movers

On this episode of Stock Movers: - US shares of Spotify Technology (SPOT) are down. This comes as they report first-quarter results tomorrow before the market opens in New York. Investors will be looking for more details about when and how the company will raise prices. It is reportedly planning an increase in Europe as soon as June. The Swedish streaming platform is looking for ways to fuel earni...

On this episode of Stock Movers: - Boeing (BA) shares rise after Bernstein upgrades to outperform from market perform noting that the aircraft maker is now “making the progress it needed for the growth trajectory.” - Eli Lilly (LLY) shares dip after HSBC double downgraded the stock to reduce — a sell-equivalent rating — from buy, saying the drugmaker’s risk-reward &ld...

On this episode of Stock Movers: - Domino's Pizza (DPZ) shares fall after the company reported revenue for the first quarter that missed the average analyst estimate. Revenue $1.11 billion, +2.5% y/y, estimate $1.12 billion. The company didn't provide an outlook for 2025. - Merck (MRK) shares rise after the company agreed to buy SpringWorks Therapeutics Inc. for $47 per share in cash, representing...

On this episode of Stock Movers: - Nvidia (NVDA) is down in early trading after China’s Huawei Technologies is reportedly getting ready to test a new and powerful artificial intelligence processor that the company hopes can replace some products made by Nvidia - that's according to the Wall Street Journal. The progress by the Shenzhen-based networking and electronics leader shows the resilie...

On this episode of Stock Movers: - Nvidia (NVDA) is down in early trading after China’s Huawei Technologies is reportedly getting ready to test a new and powerful artificial intelligence processor that the company hopes can replace some products made by Nvidia - that's according to the Wall Street Journal. The progress by the Shenzhen-based networking and electronics leader shows the resilie...

On this episode of Stock Movers: - Mediobanca launched a surprise €6.3 billion ($7.2 billion) offer for the wealth management arm of Italian insurer Assicurazioni Generali SpA, opening a potential defense strategy for the Milan-based bank amid Italy’s intensifying deal wave. - DoorDash has offered to buy UK-based Deliveroo Plc for $3.6 billion, marking a renewed attempt by the US compan...

On this episode of Stock Movers: - Intel (INTC) Chief Executive Officer Lip-Bu Tan gave investors a stark diagnosis of the chipmaker’s problems on Thursday, along with the sense that it will take a while to fix them. Tan, delivering his first earnings report as CEO, said Intel’s bureaucratic corporate culture needs a shake-up, so he’s going to cut jobs, remove layers of managemen...

On this episode of Stock Movers: - AppFolio (APPF) shares are down after the application software company reported first-quarter results that missed expectations.  - Carter's (CRI) shares also fell as much as 10% in trading after the children's apparel company suspended its financial guidance, citing its CEO transition and tariff uncertainty. The stock was down despite first-quarter sales top...

On this episode of Stock Movers: - Alphabet (GOOGL) shares rise after the company reported first-quarter revenue and profit that exceeded analysts' expectations, driven by strength in its search advertising business. Google Cloud brought in operating profit of $2.18 billion, beating analysts’ estimates for $1.94 billion despite slightly missing expectations on sales. The results indicate tha...

On this episode of Stock Movers: - Alphabet (GOOGL) shares rise after the company reported first-quarter revenue and profit that exceeded analysts' expectations, driven by strength in its search advertising business. Google Cloud brought in operating profit of $2.18 billion, beating analysts’ estimates for $1.94 billion despite slightly missing expectations on sales. The results indicate tha...

On this episode of Stock Movers: - Alphabet (GOOG) shares are higher this morning after reporting first-quarter revenue and profit that exceeded analysts' expectations, driven by strength in its search advertising business. Alphabet's cloud business, Google Cloud, brought in operating profit of $2.18 billion, beating analysts' estimates, and search advertising generated $50.7 billion in sales. - T...

On this episode of Stock Movers: - Alphabet (GOOG) shares are higher this morning after reporting first-quarter revenue and profit that exceeded analysts' expectations, driven by strength in its search advertising business. Alphabet's cloud business, Google Cloud, brought in operating profit of $2.18 billion, beating analysts' estimates, and search advertising generated $50.7 billion in sales. - I...

On this episode of Stock Movers: - Michelin shares rise as much as 4% after the French tiremaker’s price/mix was seen as a key positive in its first quarter update. Overall guidance was reiterated, but meeting it will require a stronger performance through the remainder of the year, analysts said. - Swedish defense manufacturer Saab AB sees customers increasingly focused on cutting down deli...

On this episode of Stock Movers: - Intel (INTC), the chipmaker attempting a comeback under new CEO Lip-Bu Tan, gave a weak forecast for the current period and said it’s cutting workers to bring costs in line with the business’s smaller size. Second-quarter revenue will be between $11.2 billion and $12.4 billion, the company said in a statement Thursday. That was well short of the $12.9...

On this episode of Stock Movers: - American Airlines Group (AAL) shares are up. However, the company withdrew its full-year earnings outlook, joining a growing number of companies hedging their bets on the broader economy. The looming impact of higher costs from the Trump administration’s trade policy is making it difficult for Corporate America to forecast how the year will play out as cons...

On this episode of Stock Movers: - American Air (AAL) shares edge higher despite withdrawing its full-year earnings outlook due to economic uncertainty, following similar moves by Delta Air Lines and the parent of Frontier Airlines. - Proctor & Gamble (PG) shares fell, after the company cut its annual sales and profit outlook due to tariffs and volatility in consumer demand, expecting organic...

On this episode of Stock Movers: - IBM (IBM) shares fall after the company reported its first-quarter results and gave an outlook. While analysts are broadly positive on the report, they failed to fully ease investor concerns. The company's CEO Arvind Krishna expressed caution about the economic environment, citing uncertainty that may cause clients to pause, and noted that the US government's cos...

On this episode of Stock Movers: - Merck (MRK) shares are higher in spite of the company cutting its adjusted earnings per share forecast for the year and saying it expects to lose $200 million to already-announced tariffs in 2025 amid a roiling trade war between the US and China. Still, the company's first-quarter results beat estimates. - PepsiCo (PEP) shares are down after lowering its full-yea...

On this episode of Stock Movers: - Merck (MRK) shares are higher this morning despite the company cutting its adjusted earnings per share forecast for the year and saying it expects to lose $200 million to already-announced tariffs in 2025 amid a roiling trade war between the US and China. Still, the company's first-quarter results beat estimates. - PepsiCo (PEP) shares are down after lowering its...

On this episode of Stock Movers: - Gucci sales tumbled in the first quarter as efforts to revive Kering SA’s biggest brand again failed to yield signs of a turnaround amid a tough period for the luxury-goods industry. - Nokia said that meeting the top end of its guidance for the year will be more challenging as the company grapples with the impact of tariffs. - Unilever beat estimates for sa...

On this episode of Stock Movers: - Kimberly-Clark (KMB) shares fell in trading today as fallout continues from their earnings report. The Texas-based diaper and paper towel manufacturer lowered profit expectations for the year, citing uncertainty arising from the impact on the global trade war on its costs. - Amphenol (APH) shares jumped after a strong earnings report, rising along with several ot...

On this episode of Stock Movers: - Super Micro Computer (SMCI) is among leaders in a tech rally after President Trump said that China tariffs will drop if the two countries can reach a deal. Trump made his about-face on Tuesday, saying he’d be willing to “substantially” pare back his 145% tariffs on China. He turned down his aggressive rhetoric a day after meeting with executives...

On this episode of Stock Movers: - Tesla (TSLA) shares rise after Elon Musk pledges to retreat “significantly” from his US government work to concentrate on the electric-vehicle company as his work with DOGE is “mostly done.” - Boeing (BA ) shares rise after first-quarter results that exceeded Wall Street's estimates, with a smaller-than-expected adjusted loss per share of...

On this episode of Stock Movers: - Tesla (TSLA) shares rise after Elon Musk pledges to retreat “significantly” from his US government work to concentrate on the electric-vehicle company as his work with DOGE is “mostly done.” - Boeing (BA) shares gain after reporting first-quarter results that exceeded Wall Street's estimates, with a smaller-than-expected adjusted loss per...

On this episode of Stock Movers:   - Tesla (TSLA) shares are up following yesterday's earnings miss. It's leading gains across the Mag 7 despite first quarter profit and revenue missing expectations. The positive spin is that CEO Elon Musk will spend more time working on Tesla rather than in government.    - Boeing (BA) shares jumped after reporting first-quarter results that e...