Stock Movers

On this episode of Stock Movers: - Snowflake (SNOW) shares are higher after giving a strong outlook for quarterly sales, with product revenue expected to increase about 25% to as much as $1.04 billion in the quarter ending in July. The company raised its full-year forecast for product revenue to about $4.33 billion, despite an uncertain economic environment, and its shares gained 9.9% in premarket...

On this episode of Stock Movers: - EasyJet said efforts to renew its fleet are being held back by a slow delivery pace of new aircraft as manufacturers continue to face challenges with their supply chain. - Shares in Manchester United slipped 6.1% in extended trading following the high-stakes game in Bilbao, Spain last night. Tottenham won the game 1-0, meaning Manchester United will not qualify f...

On this episode of Stock Movers: - Lowes (LOW) shares slipped even though comparable sales beat expectations during the latest quarter, as shoppers maintained home spending despite weakening consumer sentiment and economic turbulence. The home-improvement retailer said its comparable sales dipped 1.7% in the quarter that ended May 2, but it still expects the key sales metric to be flat to up to 1%...

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, Alix Steel, Scarlet Fu, Carol Massar and Tim Stenovec. Alphabet (GOOGL) shares gained after the company said it will offer “AI mode” in search to all US users, showing its commitment to redesi...

On this episode of Stock Movers: - UnitedHealth (UNH) shares plunged today after the Guardian reported that the health insurer secretly paid nursing homes to reduce hospital transfers for ailing residents. Nursing home residents who needed immediate hospital care under the program failed to receive it, after interventions from UnitedHealth staffers, the Guardian reported. In the report, UnitedHeal...

On this episode of Stock Movers: - Target (TGT) shares fall after the company cut its sales forecast due to a sharp pullback in spending, tariffs, boycotts, and consumer confidence, with net sales expected to decline by a low single digit this year. - Palo Alto Networks (PANW) shares drop after the infrastructure software company reported its fiscal third-quarter results and gave an outlook that f...

On this episode of Stock Movers: - UnitedHealth (UNH) shares sink after the Guardian reported that the health insurer secretly paid nursing homes to reduce hospital transfers for ailing residents. Nursing home residents who needed immediate hospital care under the program failed to receive it, after interventions from UnitedHealth staffers, the Guardian reported. - Canada Goose (GOOS) shares jump...

On this episode of Stock Movers: - Target (TGT) shares are lower this morning after the company cut its sales forecast due to a weaker-than-expected quarter, with comparable sales dropping 3.8% and net sales expected to decline by a low single digit this year. he company is taking steps to drive traffic back into its stores and website, including management reshuffles, a new "multiyear acceleratio...

On this episode of Stock Movers: - Target (TGT) shares are lower this morning after the company cut its sales forecast due to a weaker-than-expected quarter, with comparable sales dropping 3.8% and net sales expected to decline by a low single digit this year. he company is taking steps to drive traffic back into its stores and website, including management reshuffles, a new "multiyear acceleratio...

On this episode of Stock Movers: - JD Sports shares slide as much as 13%, the most since January, after the British sports retailer said like-for-like sales fell 2% in its fiscal 1Q, driven by a decline in North America - Marks & Spencer is facing a £300 million ($403 million) hit to operating profit this fiscal year from a cyberattack that’s still disrupting the company’s sa...

On this episode of Stock Movers: - Airbnb (ABNB) shares fell after a New York Times article said that the Spanish government ordered the company to remove almost 66,000 listings from its platform. The move widens a “crackdown on tourist rentals as it seeks to alleviate a housing crisis that has become among the worst in Europe,” the New York Times said. Airbnb said in a statement that...

On this episode of Stock Movers: - D-Wave Quantum (QBTS) shares are soaring as the company released its latest quantum computing system. The quantum computer is known as Advantage 2. The company said that this new type of computer can solve complex problems beyond the reach of classical computers. - Victoria's Secret (VSCO) shares are up as the company announced a shareholder rights plan after an...

On this episode of Stock Movers: - Home Depot (HD) shares rise after the company maintained its guidance for the fiscal year despite a 0.3% drop in comparable sales, as US sales ticked up due to smaller projects. The company's CFO attributed the sales slowdown to weather conditions in February, but noted that demand improved in March and April, and has continued into the current quarter. - Pfizer...

On this episode of Stock Movers: - Home Depot (HD) shares rise after the company maintained its guidance for the fiscal year despite a 0.3% drop in comparable sales, as US sales ticked up due to smaller projects. The company's CFO attributed the sales slowdown to weather conditions in February, but noted that demand improved in March and April, and has continued into the current quarter. - Viking...

On this episode of Stock Movers: - Home Depot (HD) shares have swung this morning despite reporting earnings that fell short of estimates. Home Depot's sales came in shy of expectations, with comparable sales dropping 0.3% in the three months that ended May 4. The company's CFO attributed the slowdown to weakening consumer sentiment and economic turbulence, with consumers deferring larger projects...

On this episode of Stock Movers: - Home Depot (HD) shares are rising this morning despite reporting earnings that fell short of estimates. Home Depot's sales came in shy of expectations, with comparable sales dropping 0.3% in the three months that ended May 4. The company's CFO attributed the slowdown to weakening consumer sentiment and economic turbulence, with consumers deferring larger projects...

On this episode of Stock Movers: European wind stocks rose after the Trump administration lifted an order that halted construction on Equinor’s $5 billion project off the coast of New York. European defense stocks could be in focus again on Tuesday after President Donald Trump said that Moscow and Kyiv would begin talks “immediately” on ending the war.  Greggs shares rose as...

On this episode of Stock Movers: - 23andMe (MEHCQ) shares are up as the bankrupt genetic-testing firm agreed to sell its data bank, which once contained DNA samples from about 15 million people, to the drug developer Regeneron Pharmaceuticals for $256 million. The sale comes after a wave of customers and government officials demanded that 23andMe protect the genetic data it had built up over the y...

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, Alix Steel, Scarlet Fu, Carol Massar and Tim Stenovec. Novavax (NVAX) shares jumped as US regulators fully approved its Covid vaccine, easing investors’ concerns after the clearance was delayed and...

On this episode of Stock Movers: - Walmart shares drop on the heals of a US credit downgrade from Moody’s, as President Donald Trump tells the retailer to “eat the tariffs.” Trump’s comments on Saturday are in response to Walmart’s statement on May 15 that tariffs and increasing economic turbulence means the world’s largest retailer will have to raise prices. -...

On this episode of Stock Movers: Alibaba ADRs (BABA) shares fall following Hong Kong shares lower, after the New York Times reported that the Trump administration has raised concerns over Apple’s potential deal with the Chinese tech giant. Novavax (NVAX) shares rally after the US FDA approved the drugmaker’s Covid-19 vaccine for adults 65 years and older as well as those aged 12 to 64...

On this episode of Stock Movers: - Walmart (WMT) is ticking lower this morning as the retail giant warns of higher prices from tariffs. President Trump told Walmart to stop blaming tariffs for raising prices, citing the company's billions of dollars in profits last year. CFO John David Rainey said price increases will happen in May. - Nvidia (NVDA) shares are tumbling this morning as CEO Jensen Hu...

On this episode of Stock Movers: - Nvidia (NVDA) shares are tumbling this morning as CEO Jensen Huang outlined plans to let customers deploy rivals’ chips in data centers built around its technology, a move that acknowledges the growth of in-house semiconductor development by major clients from Microsoft and Amazon. The announcement, made at Computex in Taiwan, is significant for the company...

On this episode of Stock Movers: - Ryanair signaled robust demand for travel this summer, with fares rising and Europeans sticking close to home for their holidays. - Diageo expects sales growth to improve in the second half of the year and set out a cost-cutting program, as the British distiller grapples with US tariffs on its shipments from the UK and Europe. - Shares in drug companies Roche and...

UnitedHealth Group Inc. (UNH) plummeted as much as 18% following a report that the insurer was under criminal investigation for possible Medicare fraud, adding to an already tumultuous week. The Justice Department has had a probe into the company’s Medicare Advantage business since at least last summer, the Wall Street Journal reported, citing unidentified people familiar with the matte...