Stock Movers

On this episode of Stock Movers: - Paramount (PARA) shares are up after the company said it plans to cut several hundred employees on Tuesday due to a continuing decline in the cable-TV industry and the broader economic landscape. The move will affect about 3.5% of the media company’s US workforce, according to an internal memo sent to staff reviewed by Bloomberg. - Apple (AAPL) shares rise...

On this episode of Stock Movers: - JM Smucker (SJM) shares fall after the company said it expects adjusted earnings of up to $9.50 a share, reduced by $1 a share due to higher coffee costs and US tariffs. The company raised coffee prices in May and plans to do so again in August, which is expected to hurt demand this year. -McDonalds (MCD) shares drop after Redburn Atlantic downgraded the company...

On this episode of Stock Movers: - Taiwan Semiconductor Manufacturing Co. (TSMC) shares are higher this morning as the main chipmaker for Nvidia Corp. and Apple Inc., reported a 40% jump in May revenue after companies stockpiled chips in response to mounting trade uncertainty. The company's CEO last week reaffirmed the company’s guidance for sales to grow in the mid-20% range in US dollar te...

On this episode of Stock Movers: - Diageo is considering options for its ownership of the Indian Premier League cricket franchise Royal Challengers Bengaluru, according to people familiar with the matter. - UBS shares drop as much as 7.4%, the most in two months and erasing all of Friday’s gains that followed the Swiss government proposing new rules that could see the bank hold up to $26 bil...

- Robinhood Markets (HOOD) shares slipped after traders came to learn that the financial services platform was not being added to the S&P 500. Last week, traders were speculating Robinhood would be added to the index as part of the index’s quarterly rebalancing but shares duly slumped as much as 8.4% intraday before closing 2% lower on Monday, giving back some of their recent rally. - Qu...

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. - Warner Bros. Discovery (WBD) initially saw its shares rise on the word it's splitting itself in half, unshackling its fast-growing streaming busin...

On this episode of Stock Movers: - Tesla (TSLA) shares fell after the EV-maker was hit with a pair of downgrades on Monday, underscoring mounting concerns on Wall Street about the electric-vehicle maker’s outlook following last week’s clash between Chief Executive Elon Musk and President Donald Trump. Both Argus Research and Baird cut the stock to the equivalent of hold ratings, cement...

On this episode of Stock Movers: - Aon (AON) shares drop ahead of its investor day. The company said management will reaffirm the firm’s 2025 guidance across all key financial metrics. Its 1Q earnings missed consensus on most key metrics including adjusted operating margin. - Intuitive Surgical (ISRG) shares fall after Deutsche Bank cut the robotic-surgery company to sell from hold citing &l...

On this episode of Stock Movers: - Warner Brothers Discovery (WBD) shares rise after the company said it will split its streaming and studios business and its TV networks operations by the middle of next year. The streaming and studios company will include Warner Brothers Television, the Motion Picture Group, DC Studios, HBO, and HBO Max. - Qualcomm (QCOM) shares rise after the company reached an...

On this episode of Stock Movers: - Warner Bros (WBD) is on the move this morning after announcing it will separate into two publicly traded businesses by the middle of next year, splitting its streaming and studios business and its TV networks operations. The streaming and studios company will include Warner Bros. Television, Warner Bros. Motion Picture Group, DC Studios, HBO, and HBO Max, and wil...

On this episode of Stock Movers: - Tesla (TSLA) is continuing its slide as Baird downgraded the stock to neutral from outperform, noting that the recent share rally followed what was a fundamentally poor quarter for the EV maker. Analyst Ben Kallo attributes the recent rally partly to anticipation over the launch of a more affordable vehicle and a robotaxi service. Through Friday’s close, th...

On this episode of Stock Movers: - WPP Chief Executive Officer Mark Read is set to retire at the end of the year, kicking off a search for a successor at one of the world’s largest advertising agency groups as it grapples with slowing sales. - Qualcomm has agreed to buy London-listed semiconductor company Alphawave for about $2.4 billion in cash to expand its technology for artificial intell...

On this edition of Stock Movers: - ON Semi (ON) rallied Tuesday as members on its management team spoke at the Bank of America 2025 Global Technology Conference. At the conference, CEO Hassane El-Khoury discussed that non-AI chips - which ON focuses on - could be heading toward a rebound. It was the best performing stock in the S&P 500. - Norwegian Cruise (NCLH) shares were among the best perf...

On this episode of Stock Movers: - Lululemon (LULU) shares tumble after the company posted a second straight disappointing quarter, with projected sales and profit below analyst estimates, due to rising competition, new tariffs, and a shift away from yoga pants. - Broadcom (AVGO) shares fall after the chipmaker gave a forecast that isn’t seen as strong enough to extend the stock’s rece...

On this episode of Stock Movers: - Telsa (TSLA) shares are moving higher this morning as the possibility of easing tensions between owner Elon Musk and President Donald Trump takes shape. The dispute began over differences on the GOP tax legislation, with Musk opposing the bill and Trump accusing Musk of being motivated by self-interest. After Tesla shares tanked 14% and Musk's personal wealth dro...

On this episode of Stock Movers:  - Telsa (TSLA) shares are moving higher this morning as the possibility of easing tensions between owner Elon Musk and President Donald Trump takes shape. The dispute began over differences on the GOP tax legislation, with Musk opposing the bill and Trump accusing Musk of being motivated by self-interest. After Tesla shares tanked 14% and Musk's personal weal...

On this episode of Stock Movers:   - Puma and Adidas fall as European athleisure stocks under-perform on Lululemon posting a second straight disappointing quarter, fueling concerns around the impact of rising competition and new tariffs.  - Filtronic, a components maker who produce modules for SpaceX's Starlink, has been caught in the Musk-Trump crossfire.  - Broadcom Inc., a chip s...

On this episode of Stock Movers: - Tesla (TSLA) shares sank as Elon Musk and President Donald Trump’s simmering feud devolved into a public war of words between two of the world’s most powerful people. Trump on Thursday said he was “very disappointed” by the Tesla chief executive officer’s criticism of the president’s signature tax policy bill. Musk fired back i...

On this episode of Stock Movers: -Chewy shares (CHWY) fall after Jefferies analyst Kaumil Gajrawala cut the recommendation on the online retailer of pet products to hold from buy, writing that valuation appears “primed” for a first-quarter beat and raise that’s unlikely to happen. -Dollar Tree shares (DLTR) are up after JPMorgan upgraded the discount retailer to overweight from n...

On this episode of Stock Movers: -Dollar Tree shares (DLTR) are up after JPMorgan upgraded the discount retailer to overweight from neutral. - Kimberly-Clark, (KMB) shares are down after selling a majority stake in its global Kleenex and tissue businesses outside of North America. It's forming a JV with Brazilian pulp supplier Suzano in a deal valued at $3.4 billionSuzano is the world largest pulp...

On this episode of Stock Movers: - Victoria's Secret (VSCO) shares moving this morning with the company set for a new date for their 1st quarter earnings release - next week June 11th. They had a big data breach in May. The information exposed in the incident included names, dates of birth, Social Security numbers, driver’s license numbers, state ID numbers, passport numbers, financial accou...

On this episode of Stock Movers: - Planet Labs (LB) is higher this morning after reporting profit that beat expectations as Europe hikes defense spending in response to the United States pulling back from the continent. Earnings excluding some items were $1.2 million in its first quarter, according to a statement Wednesday, its second profitable quarter in a row and better than analysts’ ave...

On this episode of Stock Movers: - Wizz Air plunged 26% in early trading after the discount airline reported earnings that missed estimates and refrained from providing a guidance, citing poor visibility.  - Wise is planning to list its shares in the US, the latest blow to London’s stock market. - Bayer shares rise as much as 5.1% after Goldman Sachs upgrades the German chemicals and ph...

On this edition of Stock Movers: - Dollar Tree (DLTR) shares dropped as the company warns that its second-quarter profit may be down 50% from a year ago due to tariff-related costs, including 145% levies on some products from China. The retailer said the timing of expenses will weigh on adjusted earnings per share, including paying 145% levies on some products from China. The chain then expects pr...

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, Katie Greifeld, David Gura and Emily Graffeo. - Netflix (NFLX) shares rose after UBS raises its prices target on the streaming-video company to among the highest on Wall Street. UBS analyst John Hodulik says, "...