Stock Movers

On this episode of Stock Movers: - Starbucks (SBUX) shares fall after the company said it plans to close stores and eliminate 900 jobs in a $1 billion restructuring effort under Chief Executive Officer Brian Niccol. - Intel (INTC) / Apple (AAPL) shares rise after news that Intel has approached Apple about securing an investment in the ailing chipmaker, according to people familiar with the matter,...

On this episode of Stock Movers: - Eli Lilly (LLY) shares drop after the company halted a study of an experimental drug designed to prevent obesity patients from losing too much muscle, citing strategic business reasons. - CarMax (KMX) shares fall after the used car retailer reported significant earnings per share and sales shortfalls for the second quarter, which Truist Financial Services analyst...

On this episode of Stock Movers: - Intel (INTC) shares are higher as it approached Apple about securing an investment in the ailing chipmaker, according to people familiar with the matter, as part of efforts to bolster a business that’s now partially owned by the US government. A deal with Apple would represent further validation of the chipmaker’s turnaround bid, although it’s u...

On this episode of Stock Movers: - Cipher Mining (CIFR) is higher on news Google's taking a stake in the company as part of an AI hosting deal. Google will receive warrants to buy about 24 million shares of Cipher Mining’s stock, equating to an about 5.4% pro forma equity ownership stake, as part of Cipher’s 10-year AI hosting agreement with Fluidstack. - Intel (INTC) shares are higher...

On this episode of Stock Movers: - H&M shares soared after the fashion retailer’s profit topped expectations, suggesting tight cost controls are helping its turnaround take hold. - Koninklijke Philips dropped on news of the Trump administration’s latest probe into imports of robotics, industrial machinery and medical devices, setting the stage for fresh duties. - Volkswag...

On this episode of Stock Movers: - Intel (INTC) shares soared on word it has approached Apple (AAPL) about securing an investment in the ailing chipmaker, according to people familiar with the matter, part of efforts to bolster a business that’s now partially owned by the US government. Apple and Intel also have discussed how to work more closely together, said the people, who asked not to b...

On this episode of Stock Movers: - Micron Technology (MU) fell after a generally upbeat forecast from the memory-chip maker failed to impress investors, underscoring Wall Street’s lofty expectations following an extraordinary rally this year. - Charles Schwab (SCHW) sank on news from Chief Executive Officer Rick Wurster, who said that Charles Schwab would like to give its retail investors mo...

On this episode of Stock Movers: - Oracle (ORCL) shares drop after Oracle said it is seeking to borrow $15 billion from the US investment-grade bond market on Wednesday, as the software maker ramps up its spending to meet the needs of the AI boom. - Alibaba (BABA) shares surged to their highest in nearly four years after revealing plans to ramp up AI spending past an original $50 billion-plus targ...

On this episode of Stock Movers: - Alibaba (BABA) shares surged to their highest in nearly four years after revealing plans to ramp up AI spending past an original $50 billion-plus target, joining tech leaders pledging ever-greater sums toward a global race for technological breakthroughs. - Micron Technology (MU) shares are up after the chipmaker gave a forecast that showed strong AI-related dema...

On this episode of Stock Movers: - Rheinmetall rose with other European defense stocks after President Donald Trump said NATO countries should shoot down Russian aircraft that violated their airspace. - BE Semiconductor traded higher along with tech and media shares, recovering earlier losses. - On The Beach forecast slipped as its guidance for the year missed the ave...

On this episode of Stock Movers: - Micron (MU), he largest US maker of computer memory chips, gave an upbeat forecast for the current quarter, helped by demand for artificial intelligence equipment. Fiscal first-quarter revenue will be roughly $12.5 billion, the company said in a statement Tuesday. Analysts had estimated $11.9 billion on average. Excluding some items, profit will be about $3....

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, Matt Miller, Carol Massar and Tim Stenovec. - Kenvue (KVUE) shares bounced around as investors reacted to President Donald Trump's warning against the use of Tylenol for pregnant women. The doctors at the Peach...

On this episode of Stock Movers: Boeing (BA) shares rose on word that the US and China are in the final stages of negotiations for a “huge” Boeing Co. aircraft order, US Ambassador to China David Perdue said, as the two nations look to thaw frosty ties and work toward a trade deal. While Perdue didn’t offer details on the size of the potential order, his comments at a briefing in...

In this episode of Stock Movers: - Sempra (SRE) climbed after the company agreed to sell a 45% equity stake in its infrastructure arm to affiliates of KKR and Canada Pension Plan Investment Board for $10 billion. The sale will help strengthen Sempra’s credit profile and improve its business mix with a goal of approximately 95% earnings from regulated US utilities. The deal is expected to clo...

On this episode of Stock Movers: - Kenvue (KVUE) is recouping most on Monday’s drop, as President Trump’s call for pregnant women to avoid Tylenol draws sharp criticism from researchers who say the advice ignores decades of evidence and could endanger mothers and babies. "We believe independent, sound science clearly shows that taking acetaminophen does not cause autism,” Kenvue,...

On this episode of Stock Movers: - Kenvue (KVUE) is recouping most on Monday’s drop, as President Trump’s call for pregnant women to avoid Tylenol draws sharp criticism from researchers who say the advice ignores decades of evidence and could endanger mothers and babies. "We believe independent, sound science clearly shows that taking acetaminophen does not cause autism,” Kenvue,...

On this episode of Stock Movers: - Orsted shares surged after a US judge ruled construction can continue on a nearly completed wind farm off the coast of Rhode Island. -  Heineken said it will acquire Florida Ice and Farm Company’s beverage and retail businesses in a $3.2 billion cash deal, strengthening its position across Central America. - ASM International's shares dr...

On this episode of Stock Movers: - Disney (DIS) said Jimmy Kimmel Live! will return to the air on Tuesday, ending a suspension imposed following controversial remarks the ABC late-night host made about the assassination of Republican activist Charlie Kirk. “We have spent the last days having thoughtful conversations with Jimmy, and after those conversations, we reached the decision to return...

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, Matt Miller, Carol Massar and Tim Stenovec. - Nvidia (NVDA) shares rallied on word it will invest as much as $100 billion in OpenAI to support new data centers and other artificial intelligence infrastructure,...

On this edition of Stock Movers: - Shares of Nvidia (NVDA) popped today after the company announced that they will invest as much as $100 billion in OpenAI to support new data centers and other artificial intelligence infrastructure, a blockbuster deal that underscores booming demand for AI tools like ChatGPT and the computing power needed to make them run. The companies announced the agreement Mo...

On this episode of Stock Movers: - Newmont (NEM) shares rise after the gold miner Newmont sold a 13.3% stake in Orla Mining, a Canadian mineral exploration company. eek: Newmont also agreed to sell its Coffee Project in the Yukon, Canada to Fuerte Metals Corporation for up to $150 million. - Compass (COMP) shares fall after the company agreed to buy Anywhere Real Estate in a $1.5 bi...

On this episode of Stock Movers Fox (FOXA) shares rise after President Donald Trump suggested that Lachlan Murdoch and his father Rupert Murdoch are involved in the US takeover of TikTok. Pfizer (PFE) shares rise after the company announced they'll pay $4.9 billion for the obesity startup Metsera Inc. in a bid to catch up to rival drugmakers after failing to compete with its own weight-loss medica...

On this episode of Stock Movers: - Pfizer (PFE) is moving as it agreed to buy the obesity startup Metsera Inc. for an enterprise value of about $4.9 billion to bolster its pipeline after a key weight-loss pill foundered. The US drugmaker will pay Metsera $47.50 in cash per share, and further payments of up to $22.50 per share if three specific and regulatory milestones are met, it said in a statem...

On this episode of Stock Movers: - Oracle (ORCL) is rising his morning on news would recreate and provide security for a new US version of TikTok's algorithm under a deal to sell the app to a consortium of American investors. Oracle will operate in partnership with the US government on everything from algorithm retraining to application development and source code review to ensure content is free...

On this episode of Stock Movers: - IAG and other European airline shares may be active, after airports in Berlin, London and Brussels faced continued delays on Sunday as a cyberattack on a key airline check-in system forced staff to process passengers manually. - Porsche is hitting the brakes on electric vehicles, correcting an expensive strategy that’s depressed the luxury-car maker’s...