Stock Movers

Today's biggest winners and losers in the stock market. On this episode of Stock Movers, we take a look at some of the week's biggest gainers and decliners: - Lululemon (LULU) lowered its full-year outlook for a second straight quarter, signaling deep challenges for incoming Chief Executive Officer Heidi O’Neill. Sales are now projected to be in a range of $10.35 billion to $10.5 billion in...

On this episode of Stock Movers: - Lululemon (LULU) lowered its full-year outlook for a second straight quarter, with sales now projected to be in a range of $10.35 billion to $10.5 billion. Incoming CEO Heidi O’Neill to face challenges including winning back market share, rebounding from product mishaps, and rebuilding the executive team after a series of recent departures. - Adobe (ADBE) c...

On this episode of Stock Movers: - Lululemon (LULU) shares drop. Lululemon Athletica Inc. lowered its full-year outlook for a second straight quarter, with sales now projected to be in a range of $10.35 billion to $10.5 billion. The company reported its first decline in comparable sales since the pandemic and trimmed its outlook for earnings per share, with shares of Lululemon tumbling 19.5% in Ne...

On this episode of Stock Movers: - Tesla (TSLA) shares drop. Tesla rolled out its Cybercab for robotaxi service, advancing Elon Musk’s futuristic vision while drawing fresh scrutiny from US auto regulators. The US National Highway Traffic Safety Administration opened a probe into the process and technical data on which Tesla relied when it self-certified the vehicles as compliant with federa...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Lululemon (LULU) shares are diving as its China business is showing signs of strain, with revenue in mainland China falling 2% in the second quarter after adjusting for currency fluctuations. - Tesla (TSLA) shares are lower on news it formally rolled out the Cybercab for robotaxi service, a long-anticipated...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Lululemon (LULU) shares are diving as its China business is showing signs of strain, with revenue in mainland China falling 2% in the second quarter after adjusting for currency fluctuations. - Adobe (ADBE) is lower after it named Anil Chakravarthy as its next chief executive officer, with Chakravarthy movin...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Volkswagen shares gain as much as 9.7%, the biggest intraday move since March 2023, after the carmaker’s supervisory board backed a sweeping restructuring that includes 50,000 additional job cuts. Analysts say the plan is necessary for the company to remain competitive, while cautioning that execution...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Volkswagen shares gain as much as 9.7%, the biggest intraday move since March 2023, after the carmaker’s supervisory board backed a sweeping restructuring that includes 50,000 additional job cuts. Analysts say the plan is necessary for the company to remain competitive, while cautioning that execution...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Softbank is celebrating OpenAI's new model, which is also boosting Kioxia and SK Hynix with it. - China's good services PMI is lifting big e-commerce names such as Alibaba and Meituan. - Sung Hung Kai and other Hong Kong property names are getting a lift from Fed Governor Christopher Waller's commentary on r...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Lululemon (LULU) lowered its full-year outlook for a second straight quarter, signaling deep challenges for incoming Chief Executive Officer Heidi O’Neill. Sales are now projected to be in a range of $10.35 billion to $10.5 billion in the current fiscal year that ends in early 2027. That’s down f...

On this episode of Stock Movers: - Snowflake's (SNOW) shares jumped after the company raised its outlook for annual sales and touted rapid adoption of its AI-assisted coding tool. Product revenue in the year ending in January will be about $6.07 billion, beating the analysts’ average projection of $5.86 billion. - Tyson Foods (TSN) plunged after the largest US meatpacker cut its full-year ea...

On this episode of Stock Movers: - Nvidia (NVDA) shares rise. Nvidia Corp. has agreed to acquire artificial intelligence startup Hugging Face in a transaction valued at about $13 billion. The chipmaker giant said it will keep Hugging Face’s platform open and consistent with the startup’s existing practices. Nvidia Chief Executive Officer Jensen Huang is committed to helping foster so-c...

On this episode of Stock Movers: - Snowflake (SNOW) shares jumped. The company raised its outlook for annual sales and touted rapid adoption of its AI-assisted coding tool. Product revenue in the year ending in January will be about $6.07 billion, beating the analysts’ average projection of $5.86 billion. More than 2,000 customer accounts started using the coding assistant called CoCo during...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Nvidia (NDVA) shares are a tick higher this morning as it has agreed to acquire artificial intelligence startup Hugging Face in a transaction valued at about $13 billion. - Snowflake (SNOW) jumped this morning after it raised its outlook for annual sales, topping analysts' estimates, and reported rapid adopt...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Broadcom (AVGO) shares are lower this morning, despite the company predicting a boom in artificial intelligence chip sales over the next two years, helping renew optimism that it can challenge Nvidia Corp.’s dominance in the lucrative market. - HPE (HPE) is sliding after reporting increasing sales that...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Elliott Investment Management has built a sizeable stake in Deutsche Telekom AG and indicated the German telecommunications giant should ditch a potential merger with its American arm T-Mobile US Inc., people familiar with the matter said. - M&G shares fall as much as 3.8% after first-half results from t...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Crest Nicholson Holdings Plc reversed previous guidance for a modest profit this year and now expects to make a loss thanks to a subdued housing market and lackluster pricing. Shares plunged. - Soitec surges as much as 13%, the most since July 23, as the French chip material company lifted its revenue guidan...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Asian financial stocks including KB Financial Group rise, outperforming the broader market, on expectations that rising rates would lift bank margins and returns on fixed-income investments. - Fast Retailing Co. shares fell as much as 3.8%, after a drop in the August sales of the company’s retail brand...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - HPE (HPE) boosted its sales outlook for this fiscal year and next, saying artificial intelligence workloads are driving demand for servers and networking gear. The shares were little changed in extended trading after closing at $51.82 in New York. The stock has more than doubled this year. - Snowflake (SNOW)...

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, Sally Bakewell, Tim Stenovec and Lisa Mateo.  Dell (DELL) shares jumped after the company boosted its annual sales forecast by $25 billion in a...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Uber Technologies (UBER) is higher after cutting about 3,300 roles, or 10% of its staff globally, in a massive restructuring aimed at reducing management layers and reallocating spending into its ride-sharing, delivery and robotaxi businesses. The stock is down 6% YTD. - PG&E (PCG) plans to defer about $...

On this episode of Stock Movers: - Dell (DELL) shares jumped after the company boosted its annual sales forecast by $25 billion due to surging demand for servers to run artificial intelligence tasks. Revenue in the fiscal year ending in January 2027 will be about $192 billion, including $74 billion from the sale of AI servers, which is up from an outlook in May of about $167 billion. - Palo Alto N...

On this episode of Stock Movers: - Dell (DELL) shares jumped after the company boosted its annual sales forecast by $25 billion due to surging demand for servers to run artificial intelligence tasks. Revenue in the fiscal year ending in January 2027 will be about $192 billion, including $74 billion from the sale of AI servers, which is up from an outlook in May of about $167 billion. - GitLab (GTL...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Uber Technologies (UBER) is cutting about 3,300 roles, or 10% of its staff globally, in a massive restructuring aimed at reducing management layers and reallocating spending into its ride-sharing, delivery and robotaxi businesses.  - Dell Technologies (DELL) shares gain after the company’s second-...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Dell Technologies (DELL) shares jumped after the company boosted its annual sales forecast by $25 billion in a further sign of surging demand for servers to run artificial intelligence tasks. - GitLab (GTLB) shares are up after the software company boosted its revenue guidance for the full year, beating the...