Stock Movers

On this episode of Stock Movers: - Shares of Trump Media & Technology Group Corp (DJT) soared ahead of the US market open after the company behind Truth Social announced that it agreed to merge with clean fusion energy company TAE Technologies in an all-stock transaction valued at more than $6 billion. - Shares of Micron Technology (MU) rallied in premarket trading after the company gave an up...

On This episode of Stock Movers: - BP Plc appointed Meg O’Neill as chief executive officer, replacing Murray Auchincloss after just two years in the job as the oil giant struggles to revive its fortunes following a botched pivot toward renewables. - Whitbread shares rally as much as 4.5%, Thursday’s biggest gainer in the FTSE 100. Corvex Management announced it has accumulated a 6.05%...

On This episode of Stock Movers: - BP Plc appointed Meg O’Neill as chief executive officer, replacing Murray Auchincloss after just two years in the job as the oil giant struggles to revive its fortunes following a botched pivot toward renewables. - Evolution drops as much as 3.1% following a double-downgrade to underweight from overweight at Barclays, which sees continued pressure on the Sw...

On this episode of Stock Movers: - General Mills (GIS) shares rise 1.6% after the food company’s second-quarter results beat Street expectations. A highlight of the report was positive volume growth in the North America Retail segment. The company maintained its annual guidance ranges, despite the beat, given persistent consumer pressures. - Oracle (ORCL) shares are down 5.3% on Wednesday, a...

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, Tim Stenovec and Carol Massar. On this episode of Stock Movers: - Micron (MU) the largest US maker of computer memory chips, gave an upbeat forecast for the current quarter, a sign that surging demand and supply shortages are a...

On this episode of Stock Movers: - Oracle (ORCL) shares are down 5.3% on Wednesday, after the Financial Times reported that Blue Owl Capital will not back a $10 billion deal for the software giant’s next data center. Subsequently, an Oracle spokesperson said that Blue Owl is out of the data center deal, but that it remains on schedule. - Lennar (LEN) shares fall 3.8% in premarket trading aft...

On this episode of Stock Movers: - Lennar (LEN) shares fall. Builder Lennar Corp.’s forecast for quarterly home orders missed analysts’ estimates as affordability pressures and the weakening job market pushes buyers to the sidelines. The company projected 18,000 to 19,000 signed contracts for its fiscal first quarter, according to a statement Tuesday. Analysts expected 20,297, the aver...

On this episode of Stock Movers: - General Mills (GLS) shares rise after chief executive Jeff Harmening said consumers are buying food on sale due to economic pressures. The company has lowered prices across roughly two-thirds of its North American retail business to boost sales. - Oracle (ORCL) shares fall after the company said final negotiations on an equity deal for a data center project in Mi...

On this episode of Stock Movers: - Shares of Netflix (NFLX) moved higher in premarket trading as Warner Bros. Discovery plans to reject Paramount Skydance’s takeover bid due to concerns about financing and other terms, according to sources. After deliberating and reviewing Paramount’s bid, Warner Bros.’ board will urge shareholders to reject the tender offer, said the people, who...

On this episode of Stock Movers: - Shares of Amazon (AMZN) rallied ahead of the US market open on reports that OpenAI is in initial discussions to raise at least $10 billion from Amazon and use its chips, a potential win for the online retailer’s effort to broaden its AI industry presence and compete with Nvidia Corp. The deal under discussion could value OpenAI north of $500 billion and see...

On This episode of Stock Movers: - Diageo agreed to sell its majority stake in East African Breweries Ltd. to Japan’s Asahi Group Holdings Ltd. in a $2.3 billion deal as the struggling UK distiller seeks to spur growth by paring back non-core operations. - DBV Technologies shares soared after the company said its experimental skin patch helped young children with a peanut allergy in a crucia...

On This episode of Stock Movers: - DBV Technologies shares soared after the company said its experimental skin patch helped young children with a peanut allergy in a crucial study. - The Trump administration threatened retaliation against the European Union in response to efforts to tax American tech companies, singling out prominent companies, including Accenture Plc, Siemens AG and Spotify Techn...

On this episode of Stock Movers: - Warner Bros. Discovery (WBD)is planning to reject Paramount Skydance Corp.’s hostile takeover bid due to concerns about financing and other terms, people familiar with the matter said. After deliberating and reviewing Paramount’s bid, Warner Bros.’ board will urge shareholders to reject the tender offer, said the people, who asked not to be iden...

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, Tim Stenovec and Carol Massar. On this episode of Stock Movers: - PayPal Holdings (PYPL) shares are up after the fintech company applied to become a bank in the US. The move is logical, could unlock long-term monetization and s...

On this episode of Stock Movers: - Pfizer (PFE) tumbled after it forecast little to no sales growth next year, a warning sign as the drugmaker works rebuild its pipeline of hit drugs with a series of pricey acquisitions. Revenue in 2026 will be $59.5 billion to $62.5 billion, Pfizer said Tuesday in a statement. The midpoint of that range trails Wall Street’s $61.6 billion estimate and the $6...

On this episode of Stock Movers: - Pfizer (PFE) shares fall after Pfizer forecasted little to no sales growth next year as the drugmaker undertakes an effort to refresh its pipeline of hit drugs with a series of pricey acquisitions. - Paypal (PYPL) shares gain after the company applied to become a bank in the US by submitting applications to the Federal Deposit Insurance Corp. and the Utah Departm...

On this episode of Stock Movers: - Ford Motor (F) will take $19.5 billion in charges tied to a sweeping overhaul of its electric vehicle business after struggling for years to make it profitable. - PayPal Holdings (PYPL) shares are up after the fintech company applied to become a bank in the US. The move is logical, could unlock long-term monetization and should be approved given the favorable reg...

On this episode of Stock Movers: - Pfizer (PFE) forecast little growth in sales for next year as the drugmaker looks to refresh its pipeline of hit drugs with a series of pricey acquisitions. Revenue next year will be $59.5 billion to $62.5 billion, roughly in line with Wall Street’s estimate, Pfizer said Tuesday in a statement. Sales this year are expected at $62 billion, within the range t...

On This episode of Stock Movers: - European defense stocks slide after President Donald Trump said a negotiated end to the war is “closer” than ever with US negotiators offering significant security guarantees to Kyiv. In Germany, Rheinmetall falls as much as 4.6% - UBS rises as much as 2.3% after BofA upgrades the Swiss lender to buy from neutral, saying it is set to grow EPS at the f...

On this episode of Stock Movers: - European defense stocks slide after President Donald Trump said a negotiated end to the war is “closer” than ever with US negotiators offering significant security guarantees to Kyiv. In Germany, Rheinmetall falls as much as 4.6% - The Magnum Ice Cream Company is moving to oust the chair of Ben & Jerry’s board, the Financial Times reported,...

On this episode of Stock Movers: - Ford (F) sees a slight boost to their stock price after announcing that they will be overhauling their EV division after losing around $5 billion in the division last year. - Zillow (Z) stock is down with Google testing their new real estate advertising format that could rival websites like Zillow. - Hershey (HSY) share price rose 3% with the chocolate category d...

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, Tim Stenovec and Carol Massar. On this episode of Stock Movers: - Tesla (TSLA) shares rose around 3.5% increasing to $475 a share and coming close to being the first all-time high close for the stock this year. - ServiceNow (NO...

On this episode of Stock Movers: - iRobot (IRBT) shares drop after the company filed for bankruptcy and considers handing over control to its main Chinese supplier. - Strategy Inc. (MSTR) stock falls after a near $1 billion purchase of Bitcoin as the cryptocurrency's price continues to drop. - Zillow (Z) price tumbles 11% as Alphabet's Google has begun testing a new advertising format for real est...

On this episode of Stock Movers: - iRobot (IRBT) shares plunge after the company that revolutionized robot vacuum cleaners in the early 2000s with its Roomba model, filed for bankruptcy and proposed handing over control to its main Chinese supplier. - ServiceNow (NOW) shares are down after news that the company is near an agreement to buy cybersecurity startup Armis in a tie-up that could be value...

On this episode of Stock Movers: - ServiceNow (NOW) shares are down after news that the company is near an agreement to buy cybersecurity startup Armis in a tie-up that could be valued at up to $7 billion, according to unidentified people familiar with the talks in a report by Bloomberg. - Franklin Resources (BEN) shares rise after the firm said the US Department of Justice is preparing to resolve...