Stock Movers

On this episode of Stock Movers: - Capital One (COF), American Express (AMEX), Visa (V), along with shares of other US banks sank after President Donald Trump called on credit-card companies to cap interest rates at 10% for a year, a move that could wipe out billions in profits for one of the banking industry’s biggest businesses. Capital One, the largest US card issuer, tumbled as much as 8...

On this episode of Stock Movers: - Capital One (COF) shares sink after President Donald Trump called on credit-card companies to cap interest rates at 10% for a year. The cap proposed by the president could wipe out earnings from cards for a year and ruin card economics, according to Mike Mayo, an analyst at Wells Fargo & Co. - UnitedHealth (UNH) shares fall after a new Senate report found tha...

On this episode of Stock Movers: - Capital One (COF) shares sink after President Donald Trump called on credit-card companies to cap interest rates at 10% for a year. The cap proposed by the president could wipe out earnings from cards for a year and ruin card economics, according to Mike Mayo, an analyst at Wells Fargo & Co. - Abercrombie & Fitch (ANF) shares sank after holiday sales disa...

On this episode of Stock Movers: - A selloff in shares in credit card firms and banks following Trump comments about capping interest rates casts a pall over the US financial sector ahead of a big earnings week for US firms. Trump said that credit-card lenders would be “in violation of the law” if they don’t heed his call to cap interest rates at 10% for one year. That’s se...

On this episode of Stock Movers: - Shares in credit card and banking firms slide in premarket trading on Monday as President Donald Trump said credit-card lenders would be “in violation of the law” if the firms don’t cap interest rates at 10% for one year. - UnitedHealth shares slip as much as 3.1% in premarket trading after the Wall Street Journal reported that a Senate committe...

On this episode of Stock Movers: - An index of precious metals and mining shares in Johannesburg rallied as much as 5.2%, touching its highest intraday level ever, after gold and silver hit records as the US Justice Department threatened the Federal Reserve with a criminal indictment, reviving concerns over its independence. Fresnillo jumped as much as 6.7%. - Barclays falls as much as 4.8% a...

On this episode of Stock Movers: - European defense stocks rise on Monday as JPMorgan raises its price target on a number of names in the sector and as Greenland tensions continue. A Bloomberg basket of European defense shares hits a record high, gaining as much as 1.2%. BAE Systems was up by 2.5% by 8:39 a.m. in Frankfurt - Barclays falls as much as 4.8% after President Donald Trump sai...

On this episode of Stock Movers, we take a look at some of the biggest gainers and decliners from the week: - SanDisk (SNDK) shares rallied this week and was the best performer in the S&P 500 on Tuesday, soaring more than 22%. It came on the heels of Nvidia's roll out of new products at CES and CEO Jensen Huang mentioning storage as an "unserved market" in tech. - Intel (INTC) shares gained th...

On this episode of Stock Movers: - Shares of major retailers like dropped after it became clear that the Supreme Court wouldn’t release its highly anticipated tariff ruling on Friday. Under Armour (UA) and Kohl’s (KSS) both tumbled as much as 6%, with many other stocks including Lululemon Athletica, Best Buy and American Eagle Outfitters falling as well. The court is reviewing challeng...

On this episode of Stock Movers: - Mattel (MAT), Nike are among the consumer stocks falling after the US Supreme Court did not issue an opinion on the legality of IEEPA tariffs. The court could issue more opinions in the next two weeks as the justices have return from their holiday recess. -General Motors (GM) shares drop after news the automaker will take another $6 billion in charges tied to pro...

On this episode of Stock Movers: - Vistra (VST) shares surge after the company disclosed a 20-year power purchase agreement with Meta Platforms, Inc. The deal involves supplying over 2,600 MW of zero-carbon power from three nuclear plants to support Meta's regional operations. - General Motors (GM) shares drop after news the automaker will take another $6 billion in charges tied to production cutb...

On this episode of Stock Movers: - Oklo (OKLO) shares rise and Vistra (VST) rallies as Meta Platforms agreed to a series of electricity deals for its data centers that will make it the biggest buyer of nuclear power among its hyperscaler peers. -Shares in LoanDepot (LDI), Rocket Cos (RKT) and Opendoor Technologies (OPEN) jumped in premarket trading Friday after President Donald Trump said on his s...

On this episode of Stock Movers: - Shares in Oklo (OKLO) and Vistra (VST) rally as Meta Platforms (META) agreed to a series of electricity deals for its data centers that will make it the biggest buyer of nuclear power among its hyperscaler peers. - Revolution Medicines (RVMD) shares jump after the Financial Times reported that Merck is in talks to buy the cancer drugmaker. The report comes days a...

On this episode of Stock Movers: - Rio Tinto is in talks to buy Glencore to create the world’s biggest mining company with a combined market value of more than $200 billion, a little over a year after earlier talks between the two collapsed. - BNP Paribas shares rose as much as 3.9% after J.P. Morgan raised the French lender’s stock to overweight from neutral, citing the prospect of im...

On this episode of Stock Movers: - Rio Tinto is in talks to buy Glencore to create the world’s biggest mining company with a combined market value of more than $200 billion, a little over a year after earlier talks between the two collapsed. - ASML shares are rising after Taiwan Semiconductor Manufacturing Co.’s revenue topped estimates, reinforcing hopes of sustained global AI spendin...

On this episode of Stock Movers: - It's been a pretty tumultuous week for Lockheed (LMT), but its shares are up today after Trump said on Truth Social that he wants to raise the US defense budget to $1.5 trillion, which is almost one and half times this year's budget. Other defense companies are also seeing a similar trajectory -- just yesterday, their stocks tumbled when Trump said he wanted to s...

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. - Shares of defense companies like Lockheed Martin (LMT), General Dynamics (GD) and Northrop (NOC) all rose in trading today on news from the White House that Pres...

On this episode of Stock Movers: Coinbase Global Inc. shares (COIN) rise 0.5% after it was raised to buy from neutral at BofA Global Research on growth from new products and a lower valuation. Nike shares (NKE) fall 1% ahead of the bell as Needham analyst Tom Nikic downgrades the athletic footwear maker to hold from buy given his view that a turnaround is taking longer than expected. Soho House (S...

On this episode of Stock Movers: - Coinbase Global Inc. shares (COIN) rise after it was raised to buy from neutral at BofA Global Research on growth from new products and a lower valuation. - Nike shares (NKE) fall 1% as Needham analyst Tom Nikic downgrades the athletic footwear maker to hold from buy given his view that a turnaround is taking longer than expected. - Soho House (SHCO) declines aft...

On this episode of Stock Movers: - Kratos (KTOS) shares rise. US defense stocks rally after President Donald Trump said he wants to increase the country’s military budget by about 50% to $1.5 trillion in 2027. - Constellation Brands (STZ) shares surge, the most intraday since November 2020, after the maker of Modelo Especial and Corona reported comparable EPS and net sales for the third quar...

On this episode of Stock Movers: - US defense stocks rally premarket after President Trump said he wants to increase the country’s military budget by about 50% to $1.5 trillion in 2027. The President also issued an executive order aimed at limiting executive compensation and stopping buybacks and dividends for companies unless they invest in speeding weapons development. Bernstein says quest...

On this episode of Stock Movers: - US defense stocks advance in premarket trading on Thursday after President Donald Trump said he wants to increase the country’s military budget by about 50% to $1.5 trillion in 2027. - China plans to approve some imports of Nvidia's (NVDA) H200 chips as soon as this quarter, according to people familiar with the situation, giving the company renewed access...

On this episode of Stock Movers: - BAE Systems rises as much as 6.9%, leading a broad rally in defense shares after President Donald Trump said on Wednesday he will request an increase in the US military budget. - Adecco shares fall 7.1% after Jefferies downgrade - Associated British Foods shares drop as much as 12% to a nine-month low after the group warned its profit will be lower...

On this episode of Stock Movers: - Jefferies Financial Group Inc. posted a drop in quarterly profit due to a $30 million pre-tax loss tied to the collapse of auto-parts supplier First Brands Group. Net earnings for the fiscal fourth quarter declined 7.2% from a year earlier to $191 million, despite a comeback in dealmaking and trading activity. - AbbVie Inc. said it’s not in talks to acquire...

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. - Intel (INTC) shares climb as much as 11% on Wednesday, to hit its highest level since April 2024, as the chipmaker extends gains for a second quarter. The stock,...