Stock Movers

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. - Mondelez (MDLZ) posted quarterly results that topped estimates, but reiterated its annual outlook. The company reported better-than-expected sales for the second qua...

On this edition of Stock Movers: - Novo Nordisk (NVO) shares close down 23%, erasing more than $73 billion in market value, after the maker of Wegovy and Ozempic cut its sales and profit forecasts, citing slumping sales of weight-loss drugs. The Danish drugmaker also named a company insider as its new CEO, which one investor said may disappoint those hoping for a radical shake-up under an external...

On this episode of Stock Movers: - Sarepta (SRPT) shares soar after the Food and Drug Administration reversed course and recommended that patients who can walk be allowed to take Sarepta Therapeutics Inc.'s gene therapy Elevidys again. - UPS (UPS) shares fall after the parcel carrier declined to provide full-year revenue or operating profit guidance amid macroeconomic uncertainty. Analysts also fl...

On this episode of Stock Movers: - Novo Nordisk (NVO) shares plunge. Novo Nordisk A/S named Maziar Mike Doustdar as chief executive officer after a profit warning due to slumping weight-loss drug sales. - United Health Group (UNH) shares slump. UnitedHealth Group Inc. warned its annual profit would be hit harder than expected, lowering its long-term profit margin targets and declining to affirm a...

On this episode of Stock Movers: - Union Pacific (UNP) agreed to acquire Norfolk Southern (NSC) in a cash-and-stock transaction valued at $85 billion, forming a transcontinental rail behemoth in what stands to be the industry’s largest deal ever. Norfolk Southern shareholders will receive one Union Pacific share and $88.82 in cash for each Norfolk share, the companies said in a statement Tue...

On this episode of Stock Movers: - UnitedHealth (UNH) shares fall 3.7% in premarket trading after the health insurer reissued its adjusted profit forecast for 2025 that fell short of Wall Street’s expectations. The company’s guidance range for its annual revenue also missed the average analyst estimate. - UPS (UPS) shares fall 3.5% premarket after the parcel carrier declined to provide...

On this episode of Stock Movers: - AstraZeneca shares rise as much as 2% after the drugmaker reported revenue for the second quarter that were ahead of market expectations. JPMorgan analysts called it a “high quality” sales beat. - Philips increased its profitability outlook as the impact of the trade war was not as severe as it feared. The company now expects full-year adjusted operat...

On this edition of Stock Movers: - Abercrombie & Fitch (ANF) shares gained today after JPMorgan boosted its price target on the retailer to $151, a street high, citing strength across categories and potential for sequential improvement in same-store-sales. Analyst Matthew Boss says: “We are raising our 2Q25 EPS to $2.33 (above Street $2.26) based on revenues +7.1% y/y (above Street +4.3%...

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, Scarlet Fu, Carol Massar and Tim Stenovec. - Tesla (TSLA) rose off news that Samsung will produce Tesla's AI semiconductors in a new $16.5 billion pact. Elon Musk described the value of the deal as "just the ba...

On this edition of Stock Movers: - Samsung (SSNHZ) shares are surging after the company will produce AI semiconductors for Tesla Inc. in a new $16.5 billion pact that marks a win for its underperforming foundry division. South Korea’s largest company announced on Monday that it secured the 22.8 trillion won chipmaking agreement, which will run through the end of 2033. The plan is for an upco...

On this episode of Stock Movers: - Nike (NKE) shares rise after JPMorgan upgrades to overweight from neutral, citing the earnings impact of the sportswear maker’s five-pronged multi-year recovery plan. - GE Vernov (GEEV) falls after it received a pair of downgrades, with analysts cutting their views on the electric-power company in the wake of results that led to sharp gains in the stock. -...

On this episode of Stock Movers: - LNG and defense stocks rise in premarket trading, after the European Union agreed a trade deal with the US, committing to big purchases of American energy products as part of the pact. - Samsung Electronics will produce AI semiconductors for Tesla (TSLA) in a new $16.5 billion pact that marks a win for its underperforming foundry division. South Korea’s lar...

On this episode of Stock Movers: - Shares in automakers led a relief rally in European stocks on Monday after the US and EU agreed to a trade deal, with the bloc facing 15% tariffs on most of its exports, including cars. - ASML and other European semiconductor equipment stocks gain after their key customer, Samsung, wins a contract to make AI chips for Tesla. Meanwhile, a US-EU trade agreement has...

Bloomberg Intelligence Senior Analyst Anurag Rana says Microsoft's critical software portfolio and AI sales could offset weakness due to rising economic uncertainty in other business areas, such as non-AI cloud spending, advertising and seat growth in Office. Rana believes that although products like Office and Windows aren't particularly susceptible to tariff shocks, gains in new users will likel...

On this episode of Stock Movers:    - Coca-Cola Co. said it’s launching a new Coke product for American consumers made with US cane sugar this fall. Tuesday’s announcement came less than a week after President Donald Trump said in a Truth Social post that the company agreed to use cane sugar in its US Coke beverages. On a call with analysts, Chief Executive Officer James Quin...

On this episode of Stock Movers: - Chipotle (CMG) shares plunged after cutting its annual outlook for the second time this year, suggesting that honey chicken and burrito giveaways haven’t been enough to offset a traffic slump that the company attributed to economic anxiety. Sales at established restaurants are now expected to be about flat for the full year, the company said Wednesday. It p...

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. - Intel (INTC) shares tumbled nearly 10% during trading Friday after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused on cost cutting than...

On this episode of Stock Movers: - Intel (INTC) shares slid nearly 10% during trading today after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused on cost cutting than restoring the chipmaker’s technological edge. As part of Intel’s second-quarter report, Tan said the company will cancel some factory projects and take a more conservative approach to future s...

On this episode of Stock Movers: - Charter Comms (CHTR) shares fall after the company reported it lost more Internet customers than expected during the second quarter amid increased pressure from mobile companies’ 5G and fiber home internet offerings. - Estee Lauder (EL) shares rise after JPMorgan upgraded the cosmetics company to overweight from neutral. - Paramount (PARA) shares gain after...

On this episode of Stock Movers: - Deckers (DECK) shares soar as Net sales for Ugg and Hoka surpassed analysts' estimates in the fiscal first quarter ending June 30th, with Ugg sales rising about 19% and Hoka increasing roughly 20%. - Centene (CNC) shares tumble after the health insurer reported adjusted loss per share for the second quarter, surprising analysts who’d forecasted a profit. Th...

On this episode of Stock Movers: - Intel (INTC) shares are lower as CEO Lip-Bu Tan sparked concerns that he is more focused on cost cutting than restoring the company's technological edge. Tan said the company will cancel some factory projects and take a more conservative approach to future spending, calling investments begun under his predecessor "excessive and unwise." Intel will reduce capital...

On this episode of Stock Movers: - Intel (INTC) shares are lower as CEO Lip-Bu Tan sparked concerns that he is more focused on cost cutting than restoring the company's technological edge. Tan said the company will cancel some factory projects and take a more conservative approach to future spending, calling investments begun under his predecessor "excessive and unwise." Intel will reduce capital...

On this episode of Stock Movers: - Puma plunged after the German brand slashed its profit forecast in the face of weak demand for its sports and exercise gear and growing concerns about the impact of US tariffs. - Remy Cointreau SA lifted its profit guidance for the year, as sales of Cognac in the US rebounded and it avoided the most punitive impact of tariffs in China. - Carrefour SA is selling i...

On this edition of Stock Movers: - West Pharmaceutical Services (WST) shares advanced as much as 28%, a record one-day climb, after the maker of packaging components for the drug industry boosted its adjusted profit and net sales outlook for the full year.  - Chipotle Mexican Grill (CMG) shares plunged after cutting its annual outlook for the second time this year, suggesting that honey chick...

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. - Alphabet's (GOOG) earnings beat Wednesday was the latest milestone in what’s been an explosive run since early 2023, during which the company has added more th...