Stock Movers

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. - The US government’s bet on Intel (INTC) is paying off in a big way after a surprise investment from Nvidia Corp. sparked the biggest rally in the chipmaker...

On this edition of Stock Movers: - Intel (INTC) shares soared after Nvidia agreed to invest $5 billion in the chipmaker and said the two will co-develop chips for PCs and data centers, a surprise move to help prop up an ailing archrival that sent Intel shares soaring. Nvidia will buy Intel common stock at $23.28 per share, the two companies said on Thursday. Intel will use Nvidia’s graphics...

On this episode of Stock Movers: Intel (INTC) shares surges after Nvidia Corp. agreed to invest $5 billion in Intel Corp. and the two will co-develop chips for PCs and data centers. AMD (AMD) shares falls after Nvidia Corp. agreed to invest Intel Corp. and the two will co-develop chips for PCs and data centers. Darden Restaurants (DRI) shares fall after it said growth from existing locations at it...

On this episode of Stock Movers: - Intel (INTC) shares surge after Nvidia Corp. agreed to invest $5 billion in Intel Corp. and the two will co-develop chips for PCs and data centers. - Novo (NVO) shares rose after its diabetes drug Ozempic beat Eli Lilly & Co.'s Trulicity in a real-world survey of certain US patients. - Cracker Barrel (CBRL) shares fall after the companies projected revenue in...

On this episode of Stock Movers: - Nvidia (NVDA) and Intel (INTC) are both higher this morning on news Nvidia agreed to invest $5 billion in Intel and the two will co-develop chips for PCs and data centers. Intel will use Nvidia’s graphics technology in upcoming PC chips and provide its processors for data center products built around Nvidia hardware. - Darden Restaurants (DRI) is lower this...

On this episode of Stock Movers: - Nvidia (NVDA) is rebounding after the China ban and news Huawei unveiled new technology, including SuperPod cluster designs and AI accelerators, to challenge Nvidia's dominance in the growing market. - Roche (RHHBY) is higher this morning on news it will acquire the biopharmaceutical company 89bio for up to $3.5 billion, bolstering the Swiss drugmaker’s pip...

On this episode of Stock Movers: - Next shares dropped as much as 6.3% after the UK fashion retailer said it expects UK sales growth to be lower in the second half compared with the first. - Kone shares touched their highest level since early 2022. The Finnish company is exploring a potential bid for rival TK Elevator, even as the German firm’s private equity owners look at an initial public...

On this edition of Stock Movers: - StubHub (STUB) shares declined 6.4% in the ticketing platform’s debut after raising $800 million in an initial public offering. Shares of the New York-based company closed at $22 each on Wednesday, erasing an initial gain. The firm had sold 34 million shares Tuesday at $23.50, after offering them for $22 to $25 each. The trading gives StubHub a market value...

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. - Workday (WDAY) shares rose today after Elliott Investment Management unveiled a $2 billion-plus investment in Workday Inc., sending its shares up as much as 10%...

On this episode of Stock Movers: - Workday (WDAY) shares rise after Elliott Investment Management says the human-resources software company has made substantial progress in recent years, and called the plan announced at the event a significant enhancement of the company’s operating model and capital allocation framework.  - Lyft (LYFT) shares rise after they announced their partnership...

On this episode of Stock Movers: Nvidia (NVDA) shares fall after the Financial Times reported that China’s internet regulator has told the country’s biggest technology companies to stop buying Nvidia artificial intelligence chips and terminate their existing orders. The Cyberspace Administration of China informed companies including ByteDance and Alibaba this week to terminate their te...

On this episode of Stock Movers: - Nvidia (NVDA) is lower after China’s internet watchdog has instructed companies including Alibaba and ByteDance to terminate orders for Nvidia’s RTX Pro 6000D, the Financial Times reported. The Cyberspace Administration of China told companies to stop testing the chip and cancel existing orders, according to the FT. - New Fortress Energy (NFE) shares...

On this episode of Stock Movers: - Nvidia (NVDA) is lower after China’s internet watchdog has instructed companies including Alibaba and ByteDance to terminate orders for Nvidia’s RTX Pro 6000D, the Financial Times reported. The Cyberspace Administration of China told companies to stop testing the chip and cancel existing orders, according to the FT. - Baidu (BIDU) jumped in Hong Kong...

On this episode of Stock Movers: - Novo Nordisk received an upgrade to buy from hold at Berenberg, which switches its preferences within the obesity sector to make the Danish company its top pick instead of Eli Lilly. - Morgan Stanley upgraded Centrica's stock to an overweight, or buy, rating. Their analyst made Centrica the new top pick within UK utilities. The shares aren’t even fully valu...

On this edition of Stock Movers: - Hershey (HSY) shares climbed today after Goldman Sachs wrote in a note saying the chocolate maker's market-share trends are improving, and there are incremental tailwinds ahead for the chocolate and confectionery company, Goldman Sachs writes in note as double-upgrades to buy. Analyst Leah Jordan says Hershey has historically had strong pricing power linked to it...

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. - Oracle (ORCL) shares rose today. TikTok’s American operations would be acquired by an investor consortium that includes Oracle Corp., Andreessen Horowitz a...

On this edition of Stock Movers: - Oracle (ORCL) shares climbed today on news that negotiations over the future of TikTok are progressing, relieving some uncertainty around one of the software company’s key customers. TikTok has been in limbo since the US decided to ban the app unless its Chinese owner divested it. President Donald Trump is scheduled to speak with Chinese President Xi Jinpin...

On this episode of Stock Movers: - Oracle said it will keep TikTok cloud deal under a new agreement that could close within the next 30 to 45 days. Treasury Secretary Scott Bessent said earlier on CNBC that he anticipates that President Trump and Chinese President Xi will agree on a final TikTok deal during their phone call on Friday. Bloomberg Intelligence: Oracle will likely restrict its role to...

On this episode of Stock Movers: - President Donald Trump filed a $15 billion defamation lawsuit against The New York Times (NYT) accusing the paper of serving as a “mouthpiece” for the Democrats. The New York Times said in a statement that the lawsuit “has no merit” and “is an attempt to stifle and discourage independent reporting”. The lawsuit cites the Times&...

On this episode of Stock Movers: - Tesla (TSLA) is higher and pairing early gains after US auto safety regulators opened an investigation into Tesla Inc. doors, citing incidents in which exterior door handles stopped working and trapped children inside. The National Highway Traffic Safety Administration's investigation is focused on the operability of the electronic door locks from outside of the...

On this episode of Stock Movers: - Oracle (ORCL) is higher on a CBS report that the company could provide AI infrastructure ands support on a US-TikTok deal. US and Chinese representatives discussed TikTok, trade and the economy during high-level talks. The talks included national security issues and the status of ByteDance Ltd.'s TikTok, which faces a deadline to reach a deal to continue operatio...

On this episode of Stock Movers: - Trustpilot reported revenue for the first half-year that beat the average analyst estimate. - Analysts including Harry Gowers cut EasyJet to neutral, establish a Street-low price target and place the carrier on a negative catalyst watch into its FY results on November 25th - Jefferies downgrades L’Oreal to underperform and Beiersdorf to hold, saying that pe...

On this edition of Stock Movers: - Corteva (CTVA) shares fell today as Wall Street analysts find a potential breakup of the company’s seed and pesticide businesses negative for the firm. Bloomberg Intelligence says a breakup undermines “product and financial logic” while Bank of America says a separation would create two weaker entities. - CoreWeave shares jumped after the compan...

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. - Tesla (TSLA) shares soared after Elon Musk responded to an unprecedented pay proposal from Tesla Inc.’s board by buying about $1 billion worth of shares. T...

On this edition of Stock Movers: - Google parent Alphabet (GOOGL) shares popped today after the search giant on Monday joined an elite group of companies valued at more than $3 trillion, the latest sign of improving investor sentiment toward the Google parent. Shares rose as much as 4.8% to $252.41, resulting in a market capitalization of just over $3 trillion. The stock has soared more than 70% f...