Stock Movers

On this episode of Stock Movers: - Dell Technologies (DELL) boosted its annual outlook and posted quarterly sales and profit that topped analysts’ estimates, driven by strong demand for artificial intelligence servers. The company raised its annual sales projection to about $107 billion and earnings to about $9.55 a share, and said it shipped $8.2 billion worth of AI servers in the fiscal se...

- Data Dog (DDOG) rose along with shares of other software companies, following positive results from both MongoDB and Okta. The stock joined the S&P 500 in early July. - Hormel Foods (HRL) falls 13%, the most intraday since 2008, after the maker of Spam and deli meats posted a third quarter profit that missed estimates and cut year guidance. “The steep rise in commodity input costs affe...

On this episode of Stock Movers: - HP Inc (HP) rose after the company gave a profit outlook for the current quarter that was in line with expectations, but investors remain concerned about the impact of economic uncertainty and higher costs tied to President Donald Trump’s trade policies. - Best Buy (BBY) shares drop after the company reaffirmed its full-year financial guidance due to the un...

On this episode of Stock Movers: - Nvidia (NVDA) shares rose after the company gave a revenue forecast of roughly $54 billion for the fiscal third quarter, in line with the average Wall Street estimate but lower than some analysts' projections. - CrowdStrike (CRWD) shares fell after the company reported strong results but narrowly missed analysts' estimates for sales in the current quarter, with s...

On this episode of Stock Movers: - Nvidia (NVDA) shares are lower this morning after it gave a revenue forecast of roughly $54 billion for the fiscal third quarter, in line with the average Wall Street estimate but lower than some analysts' projections. The company's leadership rejected the notion that interest in deploying AI infrastructure was flagging, with Chief Executive Officer Jensen Huang...

On this episode of Stock Movers: - Nvidia (NVDA) shares are lower this morning after it gave a revenue forecast of roughly $54 billion for the fiscal third quarter, in line with the average Wall Street estimate but lower than some analysts' projections. The company's leadership rejected the notion that interest in deploying AI infrastructure was flagging, with Chief Executive Officer Jensen Huang...

On this episode of Stock Movers: - Drax shares fall as much as 12%, the steepest decline since March 2023, after the UK power producer said it’s facing a probe by the Financial Conduct Authority. - Pernod Ricard SA shares rose after reporting sales that topped analyst expectations and forecasting a pickup in demand in the second half of its new financial year as trade restrictions eased in k...

On this episode of Stock Movers: - Nvidia (NVDA) gave a tepid revenue forecast for the current period, signaling that growth is decelerating after a two-year boom in AI spending. The company forecast sales of roughly $54 billion in the fiscal third quarter, which was in line with the average Wall Street estimate, but excluded data center revenue from China. Nvidia shares fell about 2% in extended...

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, Tim Stenovec and Isabelle Lee. - Cracker Barrel (CBRL) said it’s getting rid of a new logo that had sparked controversy and prompted a slump in its share price. “We thank our guests...

On this episode of Stock Movers: - Nvidia (NVDA)’s China sales have taken on new levels of complexity, and investors will be hoping for a clearer read when the chipmaker reports earnings Wednesday afternoon. The firm’s on-again, off-again sales in the world’s largest market for semiconductors have been a source of confusion for Wall Street. Third-quarter revenue projections for t...

On this episode of Stock Movers: - Cracker Barrel (CBRL) shares rise after the company said it is getting rid of a new logo that sparked controversy and prompted a slump in its share price. - JM Smuckers (SJM) shares drop after the company reported that first-quarter net sales were weighed down by decreased sales of certain products. - Abercrombie & Finch (ANF) shares rise after a better-than-...

On this episode of Stock Movers: - Canada Goose (GOOS) shares rose after it was reported by CNBC that the company’s controlling shareholder is said to have received take-private bids valuing the company at $1.35 billion. - American Eagle (AEO) shares jumped after the company announced a new partnership with Travis Kelce, an NFL star newly engaged to singer superstar Taylor Swift. The retaile...

On this episode of Stock Movers: - Kohl’s (KSS) shares are up 21% in premarket trading after the department-store operator boosted its operating margin forecast for the full year. - JM Smucker (SJM) falls 3% after the peanut butter and jelly maker reported that first-quarter net sales were weighed down by decreased sales of coffee, dog snacks, sweet baked goods and fruit spreads. - MongoDB (...

On this episode of Stock Movers: - Nvidia (NVDA) is leading Magnificent Seven stock gains in premarket trading on Wednesday as Wall Street awaits the chip giant’s earnings for an update on demand for artificial intelligence chips.  - CrowdStrike’s (CRWD) net new annual recurring revenue is expected to have dropped 4% in the second quarter, according to consensus.  - Oppenheim...

- JD Sports Fashion sees full-year pre-tax profit in line with analysts’ forecasts and unveils a new £100m share buyback. - UK energy bills will rise 2% from October, pushed higher by costs that are being added on to fund support payments for vulnerable homes. The National Grid says the design of the Ofgem framework includes “valuable steps forward”. - Hochschild Mining sha...

On this episode of Stock Movers: - Eli Lilly (LLY) shares jumped after the company shared their obesity pill helped patients lose 9.6% of their body weight in a trial. It's the second trial; the first was conducted earlier this month and disappointed investors who had been expecting higher weight loss and lower rates of side effects. - EchoStar (SATS) has agreed to sell spectrum licenses to AT&amp...

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, Scarlet Fu, Tim Stenovec and Isabelle Lee EchoStar (SATS) has agreed to sell spectrum licenses to AT&T Inc. for about $23 billion in a deal that will help the company stay out of bankruptcy and fend off reg...

On this episode of Stock Movers: - Constellation Brands (STZ) shares fell after Citi opened a negative 30-day catalyst watch on the alcoholic beverage company ahead of its investor conference presentation on Sept. 2. In July, Constellation 1Q results showed profit trailed expectations due to weaker consumer demand for alcoholic beverages and higher costs from aluminum tariffs - Olaplex (OLPX) shar...

On this episode of Stock Movers: - AT&T (T) shares rose after the company agreed to buy spectrum licenses from EchoStar for about $23 billion. AT&T said the acquisition will strengthen the company’s ability to deliver 5G and fiber services across the US. - Eli Lilly (LLY) shares jumped after the company shared their obesity pill helped patients lose 9.6% of their body weight in a tri...

On this episode of Stock Movers: - AT&T (T) shares are higher on news it will buy spectrum licenses from EchoStar for about $23 billion, adding an average of about 50 MHz of low-band and mid-band spectrum to AT&T’s holdings. Additions would cover virtually every US market, over 400 in total, positioning AT&T to maintain long-term leadership in advanced connectivity across 5G and...

On this episode of Stock Movers: - BNP Paribas fell 4.9%. Trading volume was ten times the average for this time of day. The stock was the worst performer among its peers. The CAC 40 fell 1.6%, while the STOXX Europe 600 Price Index lost 0.7%. - British American Tobacco Chief Financial Officer Soraya Benchikh is stepping down with immediate effect after a little more than a year in the role. Share...

On this episode of Stock Movers: - Keurig Dr. Pepper (KDP) shares slid as investors consider the news over the weekend that the company agreed to buy JDE Peet’s NV for €15.7 billion ($18.4 billion) to bolster its struggling coffee business before kicking off a split of its operations. The company will pay €31.85 a share in cash for the Dutch firm, a 20% premium over its closing pri...

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, Tim Stenovec and Norah Mulinda. Keurig Dr. Pepper (JDEPY) shares slid as investors consider the news over the weekend that the company agreed to buy JDE Peet’s NV for €15.7 billion ($...

On this episode of Stock Movers: - Keurig Dr Pepper (KDP) agreed to buy JDE Peet’s for €15.7 billion ($18.4 billion) to bolster its struggling coffee business before kicking off a split of its operations. The company will pay €31.85 a share in cash for the Dutch firm, a 20% premium over its closing price on Aug. 22, according to a statement Monday. Keurig Dr Pepper plans to separat...

On this episode of Stock Movers: - Crescent Energy (CRGY) shares fell after the company agreed to buy Vital Energy in an all-stock transaction valued at about $3.1 billion, inclusive of Vital’s net debt.  - Wayfair (W) shares drop after President Donald Trump announced Friday the U.S. would be launching an investigation into tariffs on furniture imports.  - Netflix (NFLX) shares ju...