Stock Movers

Today's biggest gainers and decliners in the stock market. On this episode of Stock Movers: - Bank of America (BAC)'s biggest regulatory fine in the past decade is driving one of its worst earnings days in recent years. Issues with its money-laundering and sanctions controls culminated this week with $1.21 billion of fines — the biggest penalty ever levied by the Office of the Comptroller of...

On this episode of Stock Movers: - Bending Spoons (BSP) shares surged as much as 55% after Berkshire Hathaway Inc. agreed to invest an additional $330 million in the Italian technology conglomerate. The investment brings Berkshire’s stake in Bending Spoons to 4% just three months after it backed the company’s initial public offering. - Bank of America (BAC) shares drop. The bank report...

On this episode of Stock Movers: - Bank of America (BAC) shares drop. The bank reported trading revenue excluding DVA for the third quarter that missed the average analyst estimate. FICC trading revenue excluding DVA also missed expectations. The stock had been down around 1% ahead of results, after US regulators fined the lender more than $1.21 billion for money laundering and sanctions violation...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - BlackRock (BLK) shares are responding to this morning's earnings. BlackRock reported assets under management that met the average analyst estimate and adjusted EPS and Sales beat estimates. - ASML (ASML) shares are rising this morning after the company said it's searching for ways to produce more chip-making...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Bank of America (BAC) shares are moving after FICC trading revenue excluding DVA for the third quarter missed the average analyst estimate. The earnings follow a report the bank was fined more than $1.21 billion for money laundering and sanctions violations by US regulators. - BlackRock (BLK) shares are resp...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - ASML Holding NV shares rose after the Dutch company said soaring artificial intelligence spending means it’s searching for ways to produce more chip-making machines over the next two years. - Orsted drops as much as 4.4%, to the lowest since Jan. 21, after the US Justice Department asked a federal cour...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - ASML Holding NV shares rose after the Dutch company said soaring artificial intelligence spending means it’s searching for ways to produce more chip-making machines over the next two years. - Activist investor Ancora Holdings Group has built a stake in UK-listed Big Yellow Group Plc and is pushing the...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Big cap AI names such as SK Hynix are largely unimpressed with ASML's earnings. But new corners of this trade are always emerging with plastics a theme today on a JPM note highlighting strong demand from AI applications. - The Hang Seng Tech Index rises as much as 2.6%, with some investors citing a short cov...

Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers: - Bank of America (BAC) was fined more than $1.21 billion for money laundering and sanctions violations by US regulators. The enforcement actions, announced by the Treasury Department, includes a record $750 million civil penalty from the Office of the Comptroller of the Currency,...

Today's biggest winners and losers in the stock market. 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, Tim Stenovec, Carol Massar - Bumble (BMBL) shares soar on news Ithaca is taking Bumble private for $1.3 billion, with a deal price of $6.05 per share. Bum...

Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers: - JPMorgan Chase (JPM) and Wells Fargo (WF) reported weak to lackluster third-quarter earnings, while Goldman Sachs (GS) jumped after clearing estimates and Citigroup © topped forecasts with its best Q3 revenue performance in a decade. JPMorgan Chase earnings came in at $5.75...

On this episode of Stock Movers: - Johnson & Johnson (JNJ) shares fall. Johnson & Johnson reported another quarter of anemic sales in its medical technology division, with sales rising just 2.5% in the third quarter. Management are "leaning toward a straight spin" of the orthopedics business as opposed to a sale, according to Chief Financial Officer Joe Wolk. - Domino's (DPZ) shares fall....

On this episode of Stock Movers: - Goldman Sachs (GS) shares rise. The investment bank reported third-quarter equities sales & trading revenue that blew past estimates. It also reported FICC sales & trading revenue for the third quarter that missed the average analyst estimate. - UnitedHealth (UNH) shares are mixed. UnitedHealth Group Inc. raised its profit outlook for the year after repor...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Domino's Pizza (DPZ) shares are lower after the restaurant chain reported total domestic stores comp sales growth for the third quarter that missed the average analyst estimate. - Johnson & Johnson (JNJ) shares are moving as the company reports earnings. J&J raised its profit guidance as demand for n...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - JPMorgan (JPM) shares are responding to this morning's early release. 3Q FICC sales and trading revenue missed estimates. It marks the first such decline in more than two years. Still, CEO Jamie Dimon still said "each line of business performed well." - Wells Fargo (WFC) shares are moving after it reported n...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - LVMH Moët Hennessy Louis Vuitton SE offered a closer look at the Chinese luxury slump, revealing that sales on the mainland fell by double digits last quarter while the traditionally high-spending consumer group also pulled back overseas. - BP shares gain as much as 1.6% to touch the highest in more tha...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - LVMH Moët Hennessy Louis Vuitton offered a closer look at the deepening Chinese luxury slump this week, revealing that sales on the mainland dropped by double digits in the third quarter while the traditionally high-spending consumer group also pulled back overseas. - Givaudan shares rise as much as 6.7...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - SK Hynix sank 10% and Samsung Electronics about 8% as the Kospi Index in South Korea — a key barometer of the AI trade — tumbled on concerns of Chinese competition, spurring investors to rotate out of the tech sector. - Chinese semiconductor stocks are rallying to positive on the day and Chinese...

Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers: - Shares of Bumble (BMBL) quickly spike as much as 21%, triggering a volatility halt, after the Wall Street Journal reported that the dating app is in advanced talks with Ithaca Holdings to be taken private in a deal that values it at roughly $1 billion. - Meta Platforms (META) re...

Today's biggest winners and losers in the stock market. 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, Tim Stenovec, Carol Massar - Meta Platforms (META) released a new artificial intelligence model called Muse Wonder, which the company claims is a big leap over...

Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers: - Chipotle (CMG) shares are trading lower after Starbucks (SBUX) denied that it is considering acquiring the fast-casual chain. The deal rumors had sent Chipotle shares higher and Starbucks shares lower, with Chipotle investors looking forward to a potential reunion with Brian Nic...

On this episode of Stock Movers: - Salesforce (CRM) shares gain. BofA Global Research raised the recommendation on the software company to buy from underperform, pointing to tailwinds from AI adoption. - Adobe (ADBE) shares are down. Wells Fargo Securities downgraded the maker of software for creative professionals by two notches, to underweight from overweight. - Chipotle (CMG) shares fall. Starb...

On this episode of Stock Movers: - Bristol Myers (BMY) shares climb. Bristol Myers Squibb Co.’s experimental drugs for treating a rare endocrine cancer and a deadly form of lung disease showed promise in late-stage studies, a potential boon for the pharmaceutical company’s new product pipeline. Wall Street has been eagerly anticipating both results, as the drugs use novel approaches fo...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Amazon (AMZN) shares are moving on news it's in negotiations to acquire Decart AI, an artificial intelligence startup, in a deal that could be valued at around $7 billion, the Wall Street Journal reported. The purchase could be wrapped up soon if the negotiations don’t collapse, the Journal said, citin...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Amazon (AMZN) shares are moving on news it's in negotiations to acquire Decart AI, an artificial intelligence startup, in a deal that could be valued at around $7 billion, the Wall Street Journal reported. The purchase could be wrapped up soon if the negotiations don’t collapse, the Journal said, citin...