Stock Movers

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - US-listed aluminum stocks gain in premarket trading after a rally in the metal price following Iran’s attacks on Middle Eastern aluminum facilities.   - US food distributor Sysco plans to raise about $21 billion of debt to help fund its acquisition of closely held Jetro Restaurant Depot, according...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Sysco (SYY), a large US food distributor, agreed to buy privately held Jetro Restaurant Depot LLC for $29.1 billion including debt. Under the terms of the acquisition, Jetro Restaurant Depot shareholders will receive $21.6 billion in cash and 91.5 million Sysco shares, the two companies said on Monday. The d...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - European mining shares are the best-performers on the Stoxx 600 benchmark after weekend strikes by Iran on aluminum plants in the UAE and Bahrain threaten to send a fragile market into crisis, raising the prospect of record prices for the metal. - Sodexo rises as much as 4.4% following an upgrade to buy at J...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - European mining shares are the best-performers on the Stoxx 600 benchmark after weekend strikes by Iran on aluminum plants in the UAE and Bahrain threaten to send a fragile market into crisis, raising the prospect of record prices for the metal. - Sodexo rises as much as 4.4% following an upgrade to buy at J...

Earnings are still in focus with Nike, Beyond Meat, and RH all reporting in the coming days. Bloomberg's Nathan Hager previews the numbers with Alexandra Semenova, Bloomberg Equities Reporter. See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Shares of Jack Daniel’s whiskey maker Brown-Forman (BF/B) soared as much as 21% on Thursday, a record intraday climb, following a Bloomberg report that French beverages company Pernod Ricard is seeking to buy the company. Wall Street notes that the Brown family has the majority of voting control and has rebuffed previous attempts to sell, but persistent ind...

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 David Gura, Katie Greifeld, Isabelle Lee and Tim Stenovec. - Entergy (ETR) was the best performing stock in the S&P 500 Friday, jumping 8%. The gains came after Meta struck a deal with Entergy Louisiana, through which it wi...

On this episode of Stock Movers: - Shares of Jack Daniel’s whiskey maker Brown-Forman (BF/B) soared as much as 21% on Thursday, a record intraday climb, following a Bloomberg report that French beverages company Pernod Ricard is seeking to buy the company. Wall Street notes that the Brown family has the majority of voting control and has rebuffed previous attempts to sell, but persistent ind...

On this episode of Stock Movers: - CrowdStrike (CRWD) shares fall. Cybersecurity stocks slump in premarket trading on Friday after a Fortune report said Anthropic is testing a new AI model that “poses significant cybersecurity risks.” Security stocks — along with software names more broadly — have been pressured by concerns that tools from AI companies like Anthropic or Ope...

On this episode of Stock Movers: -  Haliburton (HAL) shares rise. JPMorgan raises its price target on the oilfield services company as it expects limited first-quarter earnings impact from the war compared to peers. Analyst Arun Jayaram notes that while Halliburton peer SLB cut its 1Q EPS guidance due to Middle East disruptions, Halliburton’s Saudi Arabia and North America guidance is m...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Unity Software (U) gains after the company reported preliminary first-quarter earnings. The results showed significant strength in Vector, the company’s AI-driven advertising unit, according to analysts. - Pernod Ricard shares gain as the market reacted to a potential acquisition of Jack Daniel’s...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Enagas shares rise as much as 15%, the most in six years, after Spanish regulator CNMC unveiled a draft proposal for gas companies that JPMorgan says is surprisingly positive. - AstraZeneca shares rise as much as 3.8%, the most in more than six weeks, after the British drugmaker said its experimental drug fo...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Meta Platforms (META) and Google Parent Alphabet (GOOG) shares were down today as investors see a long-term overhang related to verdicts in a social media addiction trial. Yesterday, a jury found Meta and Google liable for a 20-year-old woman's mental health struggles, which she said were caused by her addic...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Shares of Jack Daniel’s whiskey maker Brown-Forman (BF.B) soared as much as 21% on Thursday, a record intraday climb, following a Bloomberg report that French beverages company Pernod Ricard is seeking to buy the company. Wall Street notes that the Brown family has the majority of voting control and ha...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Meta Platforms (META) sees a drop of over 8% after a jury found the company (along with Google) liable for a 20-year-old woman's mental health struggles, which she said were caused by her addiction to social media, and ordered them to pay damages. - Valero Energy (VLO) is up over 5.7% after the announcement...

On this episode of Stock Movers: -Venture Global (VG) shares rose as attacks in the Middle East continued and US President Donald Trump warned Iran to get serious about discussions “before it is too late.” -Sandisk (SNDK) shares fell. Shares of memory and storage companies sank on Wednesday after Google researchers touted a new compression technique for large language models and vector...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Corebridge Financial and Equitable Holdings to combine in an all-stock merger, valuing the combined company at approximately $22 billion. - Meta Platforms Inc. and Alphabet Inc.’s Google must pay damages to a 20-year-old woman who said her addiction to social media caused her mental health struggles, a...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Swedish fast-fashion retailer Hennes & Mauritz AB’s first-quarter sales fell short of expectations in a period plagued by weak consumption and large currency effects. - Pony AI (PONY) delivered its first profitable quarter ever, bolstered by a windfall from an early investment, rather than its main...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Boliden drops as much as 15%, the most since July 2023, after providing an update on the abnormally high seismic activity that has impacted production at its key Garpenberg mine. - Next said the conflict in the Middle East will add £15 million ($20 million) of costs and warned it will raise prices if t...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Arm Holdings Plc (ARM) shares rose by the most in almost a year after the company announced plans to sell its own chips for the first time — a move forecast to generate about $15 billion annually within five years. Meta Platforms Inc. will be the first major customer for the company’s chip, calle...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Arm Holdings Plc (ARM) shares rose by the most in almost a year after the company announced plans to sell its own chips for the first time — a move forecast to generate about $15 billion annually within five years. Meta Platforms Inc. will be the first major customer for the company’s chip, calle...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: JetBlue Airways (JBLU) is considering the option of selling itself to a competitor, Semafor reported, citing people familiar with the matter. The US airline has hired advisers to explore the viability of a deal, and is considering scenarios of a tie-up with United Airlines Holdings Inc., Alaska Air Group Inc....

On this episode of Stock Movers: - KB Home (KBH) shares fell after the single-family home builder reported forecast deliveries for the second quarter that missed the average analyst estimate. - Sarepta Therapeutics (SRPT) shares jump after the biotech released early clinical data from its siRNA pipeline. Oppenheimer (outperform) analyst Kostas Biliouris says “early DM1/FSHD data appear promi...

On this episode of Stock Movers: - ARM (ARM) shares rise after news it will sell its own chips for the first time, with Meta Platforms Inc. as the first major customer, and expects to generate about $15 billion annually within five years. The company's new chip, called an AGI CPU, will have as many as 136 cores and draw 300 watts of electricity, and will be produced by Taiwan Semiconductor Manufac...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Merck (MRK) agreed to buy Terns Pharmaceuticals Inc. for $6.7 billion, giving the multinational company access to a promising new leukemia treatment as it faces the patent expiration of its bestselling cancer drug. - The Pentagon has agreed with major defense contractors on a series of framework agreements m...