Stock Movers

On this edition of Stock Movers: - Bullish (BLSH) shares jumped 84% from the IPO price after the digital-asset exchange operator and owner of media outlet CoinDesk raised $1.1 billion in an initial public offering. Shares of the Cayman Islands-based company closed at $68 each on Wednesday in New York, nearly doubling its IPO price of $37 apiece. The offering was upsized earlier in the week to 30 m...

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. - Paramount Skydance (PSKY) shares climbed in trading today adding to Tuesday’s 8.4% advance and making it one of today's top performers in the S&P 50...

On this edition of Stock Movers: - Paramount Skydance (PSKY) shares climbed as much as 29% on Wednesday, adding to Tuesday’s 8.4% advance. The stock is the top performer today in the S&P 500. Paramount Skydance is the resulting company formed by Paramount Global’s merger with Skydance Media, which was approved by the FCC on July 25; the combined company began trading on Aug. 8. On...

On this episode of Stock Movers: - Amazon (AMZN) shares rise. The company is now offering same-day grocery delivery in more than 1,000 cities and plans to bring the service to over 2,300 more by the end of the year, marking a major expansion as demand for food deliveries has remained resilient. - Cava Group (CAVA) shares plunge after the company trimmed its annual sales guidance, citing slower qua...

On this episode of Stock Movers: - Cava Group (CAVA) shares plunge after the company trimmed its annual sales guidance, citing slower quarterly sales growth. The company now forecasts sales at established locations to expand at most 6% this year, down from a previous forecast of as much as 8%. - On Holding (ONON) shares drop after Jefferies downgraded the Swiss sneaker maker and set a new Street-l...

On this episode of Stock Movers: - Cava Group (CAVA) is lower after trimmed its annual sales outlook after a sharp deceleration in the second quarter as diners spent less on restaurant meals. The fast-casual Mediterranean chain now says sales at established locations will expand 6% at most this year, while it previously forecast an increase of as much as 8%. - Brinker International (EAT) is higher...

On this episode of Stock Movers: - Hanesbrands (HBI) is lower after Gildan Activewear Inc. agreed to buy US underwear maker Hanesbrands Inc. for about $2.2 billion in cash and stock, in its largest ever acquisition. Canada-based Gildan is offering Hanesbrands holders roughly $6 a share, based on the companies’ closing prices on Aug. 11, according to a statement Wednesday. Including debt, the...

On this episode of Stock Movers: - Evolution dropped as much as 7% after it was said to have run bets in banned markets. Current and former executives at the Stockholm-based online gambling company were secretly filmed describing how its casino games made their way illegally to countries such as Iran, Sudan and China. - Beazley fell as much as 6.5% following its interim results. The insurer report...

On this edition of Stock Movers: - CoreWeave (CRWV) shares dropped after the company posted steeper losses as it continued to build to meet demand from artificial intelligence developers. The company’s shares fell 5% in after-hours trading. Second-quarter adjusted net losses in the period steeped significantly to $130.8 million, compared to $5 million last year, it said in a statement Tuesda...

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Vonnie Quinn, Carol Massar and David Gura. On this episode of Stock Movers: - United Airlines (UAL) and Delta Air Lines (DAL) were the top performers in the S&P 500 Tuesday as an unexpected pickup in airfares lifted airline stocks. Airline...

On this edition of Stock Movers: - Paramount Skydance Corp. (PSKY) shares are rising after the company is being started with a buy rating and $13 price target at Guggenheim, which sees strong prospects for the media company following the completion of the merger between Paramount Global and Skydance Media. The company is “investing in growth businesses (studios, streaming, sports),” sc...

On this episode of Stock Movers: - Tilray Brands (TLRY) shares rise along with cannabis stocks after President Donald Trump said he was considering reclassifying marijuana as a less dangerous drug. - Gildan Activewear (GIL) shares fall as the company in advanced talks to buy US underwear maker Hanesbrands Inc., people familiar with the matter said, in what would be its largest ever acquisition. -...

On this episode of Stock Movers: - Circle (CRCL) shares jump after the stablecoin issuer reported its first earnings as a public company. Second-quarter adjusted Ebitda and revenue beat the average analyst estimate. - Tilray Brands (TLRY) rises along with cannabis stocks after President Donald Trump said he was considering reclassifying marijuana as a less dangerous drug. - Venture Global (VG) jum...

On this episode of Stock Movers: - Intel (INTC) is moving to the upside after President Trump said his Cabinet members would continue discussions with Lip-Bu Tan in the coming days after meeting with the Intel Corp. CEO at the White House. Intel said Tan and Trump discussed the company's "commitment to strengthening U.S. technology and manufacturing leadership" in a "candid and constructive" talk....

On this episode of Stock Movers: - Intel (INTC) is moving to the upside after President Trump said his Cabinet members would continue discussions with Lip-Bu Tan in the coming days after meeting with the Intel Corp. CEO at the White House. Intel said Tan and Trump discussed the company's "commitment to strengthening U.S. technology and manufacturing leadership" in a "candid and constructive" talk....

On this episode of Stock Movers: - Vestas Wind Systems shares rose as much as 5.1% after the company won new orders in the US, which analysts at Citi said is being taken well by the market following the drop in the shares on Monday. - Spirax stocks rallied as much as 18%, marking the biggest jump on record, after the thermal energy and fluid technology company delivered results ahead of expectatio...

On this edition of Stock Movers: - TKO Group (TKO) shares advanced today after Paramount Skydance acquired the exclusive rights to show all events from the Ultimate Fighting Championship in the US over the next seven years, the companies announced Monday, a $7.7 billion deal designed to boost the Paramount+ streaming service. Paramount will offer the UFC’s 13 marquee events and 30 additional...

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, Vonnie Quinn, Tim Stenovec and Isabelle Lee. - Intel (INTC) shares are trading higher Monday amid reports indicating CEO Lip-Bu Tan will meet with President Donald Trump. The meeting is expected to take place M...

On this edition of Stock Movers: - Nvidia (NVDA) shares are down right now while Advanced Micro Devices (AMD) shares are gaining. Both chip companies have agreed to pay 15% of their revenues from Chinese AI chip sales to the US government in an unusual deal that threatens to set a precedent for American companies doing business in the Asian nation. Meantime, President Donald Trump s...

On this episode of Stock Movers: - Elf Beauty (ELF) rises after as Morgan Stanley upgraded to overweight from equal-weight, as the bank sees consensus as being “materially too low.” - Coreweave (CRWV) rise ahead of earnings. The lockup period for CoreWeave stock tied to the company's initial public offering expires Thursday, earlier than usual. - Circle Internet (CRCL) shares rise ahea...

On this episode of Stock Movers: - Nivida (NVDA) shares fall. Semiconductor analysts are mixed on the news that Nvidia and Advanced Micro Devices will pay 15% of their revenues from Chinese AI chip sales to the US government in order to secure export licenses. While they see upside from the China market, they worry about the precedent. - Micron (MU) shares rise. Micron Technology Inc. raised its f...

On this episode of Stock Movers: - Coinbase (COIN) is pushing higher along with the broader crypto space. Cryptocurrency-exposed stocks rally in premarket trading Monday as Bitcoin extended gains to rise to within striking distance of an all-time high. - Nvidia (NVDA) and Advanced Micro Devices (AMD) are slipping this morning on news both companies agreed to pay 15% of their revenues from Chinese...

On this episode of Stock Movers: - Coinbase (COIN) is pushing higher along with the broader crypto space. Cryptocurrency-exposed stocks rally in premarket trading Monday as Bitcoin extended gains to rise to within striking distance of an all-time high. - Nvidia (NVDA) and Advanced Micro Devices (AMD) are slipping this morning on news both companies agreed to pay 15% of their revenues from Chinese...

On this episode of Stock Movers: - Shares in Danish company Orsted A/S dropped as much as 24% after it announced it will conduct a rights offering to raise as much as 60 billion Danish kroner ($9.4 billion). -S4 Capital, the advertising agency founded by Martin Sorrell, is in talks to combine with private equity-owned MSQ Partners. - European defense stocks are significantly underperforming on Mon...

Walt Disney Co. disappointed Wall Street with a tepid full-year profit forecast, weighed down by its struggling movie and TV businesses.    Earnings should increase 18% to $5.85 share in fiscal 2025, excluding some costs, the company said Wednesday. That outlook was less than some analysts had been expecting and put a damper on a mostly positive third-quarter report that showed strength...