Stock Movers

On this episode of Stock Movers: - EchoStar (SATS) is soaring this morning as President Trump urges the company to make a deal with the FCC for its wireless spectrum licenses. The president met with EchoStar Chairman Charlie Ergen and Carr at the White House, encouraging them to work together and reach a deal. The FCC is investigating whether EchoStar is meeting obligations for its wireless and sa...

On this episode of Stock Movers: - Marathon Petroleum (MPC) is higher this morning as it beats out oil giants like Chevron and Exxon, as companies with more exposure to the United States share picture are gaining. The conflict between Israel and Iran has caused damage to the US consulate in Tel Aviv, and has led to a rise in global energy prices, with Brent crude gaining 5.5% in Asia trading on Mo...

On this episode of Stock Movers: - Halliburton (HAL), along with shares in several energy and oil companies, rose toward the end of the week on heightened tensions in the Middle East. Iran fired hundreds of ballistic missiles against Israel following an unprecedented direct attack on its nuclear facilities, ramping up a conflict between sworn enemies that threatens to engulf the Middle East and di...

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, Alix Steel, Carol Massar and Tim Stenovec. - Lockheed Martin (LMT) shares of Lockheed Martin, as well as other defense stocks rose as investors reacted to rising tensions in the Middle East. Iran fi...

On this episode of Stock Movers: - Lockheed Martin (LMT) shares rise. Earlier this week, there was a report that the Department of Defense will cut its order of F-35s by half. Thursday, the Congressional Budget Office found that operating and support costs of F-35 fighter jets stabilized after a period of decline. That was in response to President Trump's order in April to review all major defense...

On this episode of Stock Movers: - United Airlines (UAL) shares fall. Inflation data this week showed Airline fares fell 2.7% in May, the fourth straight month of declines. Bloomberg Intelligence analysts note Major US airlines are below the S&P 500 this year, though United is among the leaders in that sector due to its premium-demand models. - Diamondback (FANG) shares rise. Bloomberg Intelli...

On this episode of Stock Movers: - Exxon (XOM) shares are higher this morning as Israel strikes Iran. Oil prices surged double digits after Israel carried out strikes against Iran, raising fears of a wider war in the region. The Strait of Hormuz, a critical oil chokepoint, is a key concern, with the potential for Tehran to retaliate and block the strait, and OPEC+ spare capacity potentially being...

On this episode of Stock Movers: - Raytheon (RTX) is higher this morning along with other defense stocks on the S&P as geopolitical tensions rise over Israel's strikes on Iran. It launched airstrikes against Iran’s nuclear program and ballistic-missile sites renewed a standoff between two adversaries that risks spiraling into a wider conflict. While the reaction was strongest in crude oi...

On this episode of Stock Movers: - Defense plays and shippers are gaining, as Israel Defense Forces said Iran launched more than 100 drones.  - European airlines are the worst performing European sector Friday after Israel mounted waves of airstrikes against Iran. - Energy stocks are being lifted by a surge in oil prices following ongoing Middle-East tensions. See omnystudio.com/listener for...

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, Alix Steel, Carol Massar and Tim Stenovec. - Oracle (ORCL) shares soared to a record high after the software maker projected a 70% gain in cloud infrastructure sales this fiscal year, giving a bulli...

On this edition of Stock Movers: - Oracle (ORCL) shares soared to a record high after the software maker projected a 70% gain in cloud infrastructure sales this fiscal year, giving a bullish outlook for the closely watched business. The company, long known for its database software, has been gaining traction in its effort to become a major player in the business of cloud computing — renting...

On this edition of Stock Movers: - GameStop (GME) shares plummeted today. The company had two developments. First, GameStop is focused on growing its trading card business. That is according to CEO Ryan Cohen. The business of Pokémon and sports trading cards “is in line with our heritage,” Cohen said. “It fits our trade-in model, it appeals to our core customer base and it...

On this episode of Stock Movers: - Boeing (BA) shares drop after 787 Dreamliner aircraft operated by Air India crashed shortly after taking off in Ahmedabad, with 242 passengers and crew on board, and no reports of survivors. - GameSTOP (GME) shares dip after Hardware and Accessories net sales from the video game retailer missed Wall Street’s expectations. - BioNteck (OXM) shares rose after...

On this episode of Stock Movers: - Boeing (BA) shares drop after 787 Dreamliner aircraft operated by Air India crashed shortly after taking off in Ahmedabad, with 242 passengers and crew on board, and no reports of survivors. - Oracle (ORCL) shares rose after projecting cloud infrastructure sales will jump more than 70% in the current fiscal year, boosting investor enthusiasm for the closely watch...

On this episode of Stock Movers: - Boeing (BA) shares are lower this morning as a Boeing 787 Dreamliner aircraft operated by Air India crashed shortly after taking off in Ahmedabad, with 242 passengers and crew on board, and no reports of survivors. The crash occurred in a residential area and is considered one of the worst accidents involving the 787 Dreamliner, with Indian Prime Minister Narendr...

On this episode of Stock Movers: - Boeing (BA) shares are lower this morning as a Boeing 787 Dreamliner aircraft operated by Air India crashed shortly after taking off in Ahmedabad, with 242 passengers and crew on board, and no reports of survivors. The crash occurred in a residential area and is considered one of the worst accidents involving the 787 Dreamliner, with Indian Prime Minister Narendr...

On this episode of Stock Movers: - BE Semiconductor shares soar as much as 11% to the highest levels since January, after the chip equipment maker raised its long-term revenue and margin outlook ahead of its investor day. - Airline stocks are among the worst performers in Europe, after US peers suffered sharp drops on Wednesday when data showed airfares slippping for the fourth straight month. Air...

On this edition of Stock Movers: - Oracle (ORCL) shares are up after the company projected cloud infrastructure sales will jump more than 70% in the fiscal year that began this month, boosting investor enthusiasm for the closely watched business. Oracle, long known for its database software, has been gaining in its effort to become a major player in the business of renting out computing power and...

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, Alix Steel, David Gura and Norah Mulinda. - Netflix (NFLX) shares soared today as investors like what CEO Greg Peters had to say at a conference in London. Speaking at the event, the streamer'...

On this episode of Stock Movers: - Tesla (TSLA) shares rise after Tesla CEO Elon Musk said he regretted some of his posts about President Donald Trump last week. The two traded barbs on social media last week after Musk criticized the Republicans' tax bill. - Lockheed Martin (LMT) shares drop after the Air Force cut its request for signature F-35s in half. That's down to 24 planes from 48 forecast...

On this episode of Stock Movers: - Tesla (TESLA) shares rebounding as owner Elon Musk expressed regret on social media for his recent posts about President Donald Trump, saying they "went too far". The public feud between Musk and Trump was triggered by Musk's opposition to Trump's tax-cut bill, which posed a threat to Musk's wealth and caused Tesla's stock price to tumble. Meanwhile, the presiden...

On this episode of Stock Movers: - Tesla (TESLA) shares rebounding as owner Elon Musk expressed regret on social media for his recent posts about President Donald Trump, saying they "went too far". The public feud between Musk and Trump was triggered by Musk's opposition to Trump's tax-cut bill, which posed a threat to Musk's wealth and caused Tesla's stock price to tumble. Meanwhile, the presiden...

Inditex Tumbles, UK Home Builders Higher, Demant Gains On this episode of Stock Movers: - Zara-owner Inditex SA reported a muted start to the second quarter and warned that foreign-exchange headwinds could have a greater impact on results this year than anticipated. Shares tumbled. - Homebuilders more broadly are being bathed in a more positive sentiment thanks to UK government plans to spend more...

On this edition of Stock Movers: - JM Smucker (SJM) shares declined the most in nearly four decades after saying US tariffs increasing costs in its coffee business will hurt profit, continuing a challenging run for the biggest US packaged food producers. The company, which owns the Folgers and Cafe Bustelo coffee brands, said adjusted earnings this fiscal year will be as much as $9.50 a share. The...

On this edition of Stock Movers: - JM Smucker (SJM) declined the most in nearly four decades after saying US tariffs increasing costs in its coffee business will hurt profit, continuing a challenging run for the biggest US packaged food producers. The company, which owns the Folgers and Cafe Bustelo coffee brands, said adjusted earnings this fiscal year will be as much as $9.50 a share. The impact...