Stock Movers

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...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Merck & Co (MRK) to buy Terns Pharmaceuticals (TERN) for $53/share in cash for an approximate equity value of $6.7 billion. - Shares of Arm Holdings (ARM), which made its name licensing technology to semiconductor makers, rose in premarket trading after it said it will sell its own chips for the first ti...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - KB Home (KBH) shares are down 5% in postmarket trading Tuesday after the single-family home builder reported forecast deliveries for the second quarter that missed the average analyst estimate. - Arm Holdings (ARM) which made its name licensing technology to semiconductor makers, will begin selling its own c...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - US coal stocks climb on Tuesday as the Iran war continues and the tightened supply of liquefied natural gas is expected to increase demand for coal. Among gainers: Peabody Energy +9.3%, Core Natural Resources +7.0%, Hallador Energy +5.0%, Alliance Resource Partners +2.9%, Alpha Metallurgical Resources +8.7%,...

On this episode of Stock Movers: -  Concentrix (CNXC) shares fall as the software company’s second-quarter forecast was weaker than expected. Vital Knowledge also notes “a modest shortfall on FQ1 EPS,” given margin compression. - Jefferies (JEF) shares are mixed. Hedge fund founder George Weiss has lost his defamation suit accusing Jefferies Financial Group of running a &ldq...

On this episode of Stock Movers: - Concentrix (CNXC) shares fall as the software company’s second-quarter forecast was weaker than expected. Vital Knowledge also notes “a modest shortfall on FQ1 EPS,” given margin compression. - Netgear (NTGR) shares rise after the US Federal Communications Commission ordered a ban on the import of new models of foreign-produced consumer wireless...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Puig (PUIG SM) shares rise after Estée Lauder said the companies were discussing a deal that would create a cosmetics giant with about $20 billion in annual sales. Analysts say Estée Lauder would have to pay a hefty premium to buy the Spanish firm. - Sumitomo Mitsui Financial Group Inc. has no...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Netgear (NTGR) shares rise after the US Federal Communications Commission ordered a ban on the import of new models of foreign-produced consumer wireless routers. - Smithfield Foods (SFD) reported revenue for the fourth quarter that beat the average analyst estimate. - Applied Optoelectronics (AAOI) shares r...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Anglo American shares drop as much as 2% amidst a continued correction for precious metals tied to the conflict in Iran. - Exor shares fall as much as 7.7%, hitting the lowest level since September 2022, after the Agnellis’ investment company reported net assets for the full year that missed the averag...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Estee Lauder (EL) stocks sank after a report that the company is nearing a deal to acquire Puig Brands, a Spanish beauty firm. The companies both confirmed that they are in talks about a combination, while not offering more details. A transaction could be announced as soon as Monday, the Financial Times...

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. - Draft Kings (DKNG) and Flutter (FLUT) stocks rose as the Wall Street Journal reported US senators are set to introduce bipartisan legislation to ban sports bets...

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Synopsys (SNPS) shares jumped after activist investor Elliott Investment Management made a multibillion-dollar investment in Synopsys Inc. and plans to push for changes at the chip-design software maker, according to people familiar with the matter who asked not to be identified because the discussions are p...

On this episode of Stock Movers: - Apogee Therapeutics (APGE) soars after the drug developer provided maintenance data from a mid-stage trial that showed its experimental therapy deepened responses in patients with moderate-to-severe atopic dermatitis. - Synopsys (SNPS) shares gain following reports that activist investor Elliott Investment Management has made a multibillion-dollar investment in t...