Stock Movers

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - General Motors’ (GM) first-quarter sales fell by 9.7%, with its Cadillac Escalade and Chevrolet Suburban large SUVs tumbling by double digits. Sales in March were down 17%, the company said.  - Globalstar (GSAT) shares rose in pre-market trading after a Financial Times report that Amazon.com Inc....

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Microsoft (MSFT) is in exclusive talks with Chevron (CVX) and investment fund Engine No. 1 over a long-term deal that would underpin a giant power plant in West Texas, providing electricity to a large data center campus. The proposed natural-gas fired power plant is projected to cost about $7 billion and ini...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Stocks and bonds fell as oil surged anew after President Donald Trump pledged more aggressive action against Iran. - Morgan Stanley cuts price targets for a number of airlines and downgrades Lufthansa to equal-weight on risk that fuel costs could prove materially higher-for-longer due to the conflict in the...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Stocks and bonds fell as oil surged anew after President Donald Trump pledged more aggressive action against Iran. - Morgan Stanley cuts price targets for a number of airlines and downgrades Lufthansa to equal-weight on risk that fuel costs could prove materially higher-for-longer due to the conflict in the...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Nike (NKE) shares slide as much as 14%, to the lowest level since Feb. 2015, after the sportswear company forecast a revenue drop of as much as 4% for the fourth quarter, and warned sales declines could persist for the rest of this calendar year. - Intel (INTC) shares are up 9.8% on Wednesday, after the chip...

On this episode of Stock Movers: - Intel (INTC) shares are up 9.8% on Wednesday, after the chipmaker agreed to pay $14.2 billion to buy back half of a plant in Ireland. D.A. Davidson wrote that the move bodes well for the company’s turnaround story. - Target Hospitality (TH) shares rise as much as 43%, the most intraday since April 2021, after the provider of workforce lodging and hospitalit...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Nike (NKE) shares slide as much as 14%, to the lowest level since Feb. 2015, after the sportswear company forecast a revenue drop of as much as 4% for the fourth quarter, and warned sales declines could persist for the rest of this calendar year. - Intel (INTC) shares are up 9.8% on Wednesday, after the chip...

On this episode of Stock Movers: - Intel (INTC) shares jump. Intel Corp. agreed to pay $14.2 billion to buy back half of a plant in Ireland that it had previously sold to Apollo Global Management. The transaction will be financed with cash on hand and the issuance of about $6.5 billion in new debt, according to Intel. - Boeing (BA) The Pentagon announced a partnership with Boeing and Lockheed Mart...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - RH shares plunge after the home furnishing company forecast revenue for the first quarter that missed the average analyst estimate.  - Beyond Meat (BYND) forecast net revenue for the first quarter; the guidance missed the average analyst estimate. - Tilray Brands (TLRY) reaffirmed its adjusted Ebitda gu...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Nike (NKE) shares tumbled after the retailer gave a surprisingly gloomy outlook for the year ahead, complicating Chief Executive Officer Elliott Hill’s efforts to turn around the business. Revenue is expected to decline 2% to 4% in the current quarter and will be down in the low single-digits for the r...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Rolls-Royce shares jump as much as 10%, the biggest gain in eight months. -  Lufthansa is readying plans to ground planes in case demand drops because of the war in the Middle East. Europe’s biggest aviation group has assigned teams to develop crisis responses that differ in severity, Chief E...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Shell shares dip as much 2.4% amidst uncertainty in energy markets tied to the Middle East conflict. -  Lufthansa is readying plans to ground planes in case demand drops because of the war in the Middle East. Europe’s biggest aviation group has assigned teams to develop crisis responses that...

On this episode of Stock Movers: - Nike (NKE) shares slipped despite reporting better-than-expected sales on concerns that the war in Iran could exacerbate weakness in the region that includes Europe and the Middle East and disrupt the sportswear company’s turnaround. Sales were $11.3 billion in the company’s fiscal third quarter, surpassing the average of estimates compiled by Bloombe...

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, Katie Greifeld, Carol Massar and Tim Stenovec. - Marvell Technology (MRVL) shares soared in trading on Tuesday on news that Nvidia will take a $2 billion stake in it. Nvidia, which has made several billion-doll...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Constellation Energy (CEG) shares fell as much as 9.3% after it gave an full-year earnings per share guidance that missed the average analyst estimate at the midpoint, and failed to advance details on data-center deals. - Marvell Technology (MRVL) shares jumped as much as 11% in trading on Tuesday on news th...

On this episode of Stock Movers: - Constellation Energy (CEG) shares fall after it gave an full-year earnings per share guidance that missed the average analyst estimate at the midpoint. - McCormick (MKC) shares decline. Unilever Plc agreed to combine its food business with McCormick & Co. in a $44.8 billion deal that will create a global seasonings, sauces and condiments company. Under the ag...

On this episode of Stock Movers: - Eli Lilly (LLY) shares gained. The company agreed to buy sleep drug maker Centessa Pharmaceuticals Plc in a deal worth up to $7.8 billion, a sign the weight-loss medication giant is looking to bulk up its treatment pipeline for other conditions. - McCormick (MKC) shares rise. Unilever Plc agreed to combine its food business with spice maker McCormick & Co. in...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Biogen (BIIB) has agreed to acquire Apellis Pharmaceuticals Inc. for $5.6 billion, expanding its treatments in immunology and rare diseases in one of the company’s largest-ever acquisitions. The Cambridge, Massachusetts-based biotech company will pay $41 a share for Apellis, or more than double the com...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Lilly (LLY) to buy Centessa Pharmaceuticals for $38/share in cash plus one non-transferrable contingent value right that entitles the holder to get up to an aggregate of $9 subject to the achievement of three milestones. - Biogen (BIIB) has agreed to acquire Apellis Pharmaceuticals Inc. for $5.6 billion, exp...

On this episode of Stock Movers: - LVMH, SAP, and Novo Nordisk have slumped by about 30% so far this year, making up about 53% of the total market capitalization shed by constituents of the Stoxx Europe 600 index. - Future slumps as much as 30%, to the lowest since October 2017, after what JPMorgan describes as a weak first-half trading update, showing impact from pressure on high-margin programma...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - LVMH, SAP, and Novo Nordisk have slumped by about 30% so far this year, making up about 53% of the total market capitalization shed by constituents of the Stoxx Europe 600 index. - Future slumps as much as 30%, to the lowest since October 2017, after what JPMorgan describes as a weak first-half trading updat...

On this episode of Stock Movers: - Shares of security software companies are rising on Monday, with the group rebounding in the wake of recent weakness, which had been spurred by concerns over AI-related disruption. The Global X Cybersecurity ETF rose 2.4%. Palo Alto Networks shares were leading the S&P 500 higher on Monday, while shares of fellow cybersecurity companies were seeing strong ral...

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 Bailey Lipshultz, Katie Greifeld, Carol Massar and Tim Stenovec. - Boston Scientific (BSX) shares tumble as much as 11%, the most intraday since February 4, after results from the medical device maker’s trial of the Watch...

On this episode of Stock Movers: - Boston Scientific (BSX) shares tumble as much as 11%, the most intraday since February 4, after results from the medical device maker’s trial of the Watchman heart implant fell short of investor expectations. Leerink Partners says the data is “not the home-run scenario” that bulls wanted. - Sysco (SYY) shares sink as much as 14%, the most intrad...

On this episode of Stock Movers: - Expedia (EXPE) gains and Instacart rises. Jefferies upgraded both to buy, saying a pullback in internet stocks on concerns about artificial intelligence disruptions has created buying opportunities. - Sysco (SYY) falls after the US food distributor agreed to buy privately held Jetro Restaurant Depot LLC for $29.1 billion including debt. - Viridian Therapeutics (V...