Stock Movers

On this episode of Stock Movers: - Alphabet (GOOG) is trending higher after yesterday's earnings beat. Alphabet said demand for artificial intelligence products boosted quarterly sales, and now requires an extreme increase in capital spending. CEO Sundar Pichai explained that the investments are necessary in order to keep up with customer needs, saying "Our AI infrastructure investments are crucia...

On this episode of Stock Movers: - Reckitt's shares surged to the highest in almost 17 months after the consumer goods company said its biggest brands will grow more than forecast, a sign its plan to revive the business is working. - STMicro's shares plunged the most in a year after the chipmaker posted a surprise loss due to restructuring charges. - BNP Paribas reported better-than-expected profi...

On this edition of Stock Movers:    - Meme stock mania is spreading to a growing number of speculative stocks, underscoring the appetite among retail traders for riskier bets even with the market at all-time highs. Chatter across social media platforms first fixed on Opendoor Technologies Inc. (OPEN) but has since expanded to other heavily discounted names like Kohl’s Corp. (KSS),...

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 Scarlet Fu, Vonnie Quinn, Carol Massar and Tim Stenovec. - Alphabet (GOOG) reported better-than-expected revenue but said 2025 capital expenditures will be higher than previously forecast, intensifying pressure on the company t...

On this edition of Stock Movers: - NIQ Global Intelligence (NIQ) shares slumped 3.6% after the company raised $1.05 billion in an initial public offering. Shares of the consumer intelligence data firm opened at $20.25 each on Wednesday as of 12:43 p.m. in New York, versus an IPO price of $21 apiece. The offering of 50 million shares was marketed in a range of $20 to $24 each. The trading gives the...

On this episode of Stock Movers: - GoPro (GPRO) shares surge along with Krispy Kreme and Beyond Meat. Wall Street has been captivated in recent days by the resurgence in a handful of stocks popular on the WallStreetBets page of Reddit, known for sparking past bouts of meme-stock mania. Daniela Hathorn, senior market analyst at Capital.com, says the surges have been driven by a mix of social media...

On this episode of Stock Movers: - Hasbro (HAS) shares jump after the toy company reported better-than-expected results for its second quarter, and boosted its full-year forecasts. This comes after after a record quarter for its Magic: The Gathering card game. - Texas Instruments (TXN) shares plunge after the company issued a third-quarter forecast that was more guarded than some investors had ant...

On this episode of Stock Movers: - Toyota (TM) shares are higher after President Trump agreed to a 15% tariff on automobiles imported from Japan, ending months of uncertainty and fueling a rally in shares of Japanese carmakers. The agreement should provide Japan’s automakers with relief and clarity, as they had been bracing for a 25% tariff on all cars and parts imported to the US, according...

On this episode of Stock Movers: - AT&T (T) is lower even though it posted an earnings beat this morning. AT&T reported second-quarter results that mostly exceeded Wall Street estimates, including faster-than-expected growth in wireless phone subscribers. The company added mobile-phone customers and picked up new customers for its "Internet Air" fixed-wireless offering, topping market expe...

On this episode of Stock Movers:    - UniCredit SpA raised its outlook for full-year profit and shareholder distributions, giving a boost to Chief Executive Officer Andrea Orcel after the failed bid for rival Banco BPM SpA. The Milan-based lender on Wednesday lifted its guidance for profit this year to about €10.5 billion ($12.3 billion), from more than €9.3 billion previously,...

On this edition of Stock Movers: - D.R. Horton (DHI) shares rose the most in more than five years as the homebuilder posted earnings that beat expectations even as the US housing market remains sluggish. Horton shares surged as much as 14% after the company released results for the fiscal third quarter, the biggest intraday gain since April 2020. The builder’s stock had slipped more than 6%...

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 Bostick, Scarlet Fu, Carol Massar and Tim Stenovec. - Texas Instruments (TXI), a key chipmaker for producers of cars and factory equipment, declined in late trading after giving a revenue forecast that fell short of the...

On this edition of Stock Movers: - D.R. Horton (DHI) shares rose the most in more than five years as the homebuilder posted earnings that beat expectations even as the US housing market remains sluggish. Horton shares surged as much as 14% after the company released results for the fiscal third quarter, the biggest intraday gain since April 2020. The builder’s stock had slipped more than 6%...

On this episode of Stock Movers: Circle Internet Group (CRCL) shares drop after the stablecoin issuer was downgraded to sell from neutral at Compass Point Research & Trading LLC, as it sees more competition for Circle now that the US stablecoin bill has passed. Opendoor Technologies (OPEN) shares surge. It extended its rally from last week, as investors continued to pile into the stock that ha...

On this episode of Stock Movers: - General Motors (GM) shares fall. GM said it suffered a $1.1 billion profit hit from Donald Trump’s tariffs and revealed no plan for a near-term fix to return to pre-tariff profit levels. - Lockheed Martin (LMT) shares drop. Lockheed Martin Corp. reported second-quarter earnings that fell short of analyst estimates and lowered its outlook for the year after...

On this episode of Stock Movers: - General Motors (GM) shares are lower after second-quarter profit fell as President Donald Trump’s tariffs on foreign-made vehicles and parts chopped $1.1 billion from adjusted earnings. TThe Detroit-based automaker said Tuesday it earned $2.53 per share on an adjusted basis, above the Bloomberg consensus forecast of $2.33 but short of the $3.06 it made a ye...

On this episode of Stock Movers: - General Motors (GM) shares are lower after second-quarter profit fell as President Donald Trump’s tariffs on foreign-made vehicles and parts chopped $1.1 billion from adjusted earnings. TThe Detroit-based automaker said Tuesday it earned $2.53 per share on an adjusted basis, above the Bloomberg consensus forecast of $2.33 but short of the $3.06 it made a ye...

On this episode of Stock Movers: - Greencore Group shares jump as much as 9.3%, trading at their highest level since January 2020, after the food manufacturer lifted its profit outlook for the year. Analysts at Jefferies say the firm’s growth is outpacing the wider grocery industry. The update has also lifted Bakkavor to an all—time high, with the firm in the process of being bought by...

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 Bostick, Scarlet Fu, Carol Massar and Tim Stenovec. - Verizon (VZ) shares rallied after it posted second-quarter revenue that surpassed analysts’ estimates and raised its profit outlook, buoyed by wireless price i...

On this edition of Stock Movers:  - Block (XYZ) shares surged on the new it will join the S&P 500. Jack Dorsey's fintech firm will replace Hess in the benchmark. The changes will go into effect prior to the start of trading on July 23, according to a press release from S&P Dow Jones Indices Friday. Block, formerly known as Square, has evolved from a payments processor into a broader f...

On this edition of Stock Movers: - Verizon (VZ) posted second-quarter revenue that surpassed analysts’ estimates and raised its profit outlook, buoyed by wireless price increases and recent tax legislation. Operating revenue was $34.5 billion, up 5.2% from a year earlier, The New York-based carrier said in a statement. Wall Street had been expecting $33.7 billion, on average. Wireless servic...

On this episode of Stock Movers: - Verizon (VZ) shares gain after the company posted second-quarter revenue that surpassed analysts’ estimates and raised its profit outlook, buoyed by wireless price increases and recent tax legislation. - Dollar Tree (DLTR) shares rise after a couple of bullish analysts’ notes, including an upgrade from Barclays, and a Street-high PT boost from JPMorga...

On this episode of Stock Movers: - Microsoft (MSFT) shares fall after the company warned that hackers are actively targeting customers of its document management software SharePoint, with security researchers flagging the risk of potentially widespread breaches around the world. - Equinix (EQIX) shares rise. Elliott Investment Management has built up its stake in Equinix and is pushing the company...

On this episode of Stock Movers: - Verizon (VZ) is getting a lift this morning after the company raised its profit outlook. The company posted second-quarter revenue that surpassed analysts’ estimates, with operating revenue of $34.5 billion, up 5.2% from a year earlier. Verizon raised its profit outlook, citing "favorable tax reform" and strong performance, with Chief Executive Officer Hans...

On this episode of Stock Movers: - Verizon (VZ) is getting a lift this morning after the company raised its profit outlook. The company posted second-quarter revenue that surpassed analysts’ estimates, with operating revenue of $34.5 billion, up 5.2% from a year earlier. Verizon raised its profit outlook, citing "favorable tax reform" and strong performance, with Chief Executive Officer Hans...