Stock Movers

On this episode of Stock Movers: - Snap (SNAP) shares are continuing their slide after the company reported a slowdown in advertising revenue growth due to a technical issue with its ad-buying tools. The company's ad revenue growth rate slowed to 3% to 4% from 9% in the first quarter, and revenue in the June quarter was affected by an update that allowed marketers to buy ads at reduced prices. Sna...

- Uber (UBER) shares are higher on an earnings beat and after it announced $20 billion in new stock buybacks after sharing a better-than-expected third-quarter forecast and quarterly results. Gross bookings will range from $48.25 billion to $49.75 billion for the three months ending September, according to Uber. Adjusted earnings before interest, taxes, depreciation and amortization for the second...

On this episode of Stock Movers: - Beiersdorf shares fell as much as 10% to their lowest level since November 2022, after the maker of personal care products reported weaker organic growth than expected and cut its full-year guidance, as a slowdown in the global skincare market hurt the Nivea brand. Analysts said the outlook cut was somewhat expected, but the magnitude is pressuring shares. - Hisc...

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, Sonali Basak, Carol Massar and Matt Miller. - Super Micro (SMCI) shares dropped after lowering its fiscal year sales forecast, suggesting the company continues to face uneven uptake of powerful AI servers amid...

On this edition of Stock Movers: - Vertex Pharmaceuticals Inc. (VRTX) shares fell after an experimental pain drug failed to provide post-surgery benefits and US regulators said they didn’t see a path forward for broad use of its pill in treating a chronic pain condition. Vertex has been trying to diversify beyond its core business of cystic fibrosis treatments. A key part of has been its new...

On this episode of Stock Movers: - Palantir (PLTR) shares rise after the company reported a 48% increase in revenue, citing the “astonishing impact” of AI. US government revenue climbed 53% while revenue from commercial contracts rose 93% for the year. - Coinbase (COIN) shares fall. Coinbase Global Inc. is marketing a two-tranche $2 billion convertible bond offering with a 0% coupon du...

On this episode of Stock Movers: - Palantir (PLTR) shares rise after the company reported a 48% increase in revenue, citing the “astonishing impact” of AI. US government revenue climbed 53% while revenue from commercial contracts rose 93% for the year. - Caterpillar (CAT) shares fall after the company missed on EPS results as tariffs are biting into profitability. The company projected...

On this episode of Stock Movers: - Palantir Technologies (PLTR) reported a 48% increase in revenue for the second quarter to more than $1 billion, citing the “astonishing impact” of artificial intelligence technology on its business. The data software company also raised its revenue outlook for the full year to a range of $4.14 billion to $4.15 billion, exceeding analysts’ prior...

On this episode of Stock Movers: - Palantir Technologies (PLTR) reported a 48% increase in revenue for the second quarter to more than $1 billion, citing the “astonishing impact” of artificial intelligence technology on its business. The data software company also raised its revenue outlook for the full year to a range of $4.14 billion to $4.15 billion, exceeding analysts’ prior...

On this episode of Stock Movers: - DHL gained as much 6.7%, the most since April, after the logistics giant posted a strong second-quarter earnings beat against somewhat muted expectations, with analysts citing its cost control as a key positive and reason for the beat. - Continental shares were down as much as 2.8% after the German firm reported adjusted Ebit for the second quarter that missed th...

On this episode of Stock Movers: - Palantir (PLTR) reported a 48% increase in revenue for the second quarter to more than $1 billion, citing the “astonishing impact” of artificial technology on its business. The data software company also raised its revenue outlook for the full year to $4.14 billion to $4.15 billion, exceeding analysts’ prior expectation of $3.91 billion. The sha...

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, Carol Massar and Matt Miller. - Palantir (PLTR) reported a 48% increase in revenue for the second quarter to more than $1 billion, citing the “astonishing impact” of artificial technolog...

On this episode of Stock Movers: - American Eagle (AEO) shares surged after US President Donald Trump came out in support of a controversial ad from the company. The spot, with the actress Sydney Sweeney, is the “HOTTEST ad out there,” Trump said in a social media post. He added American Eagle jeans are “flying off the shelves.” Trump deleted an earlier post, in which the a...

On this episode of Stock Movers: - American Eagle (AEO) shares rise after resident Donald Trump posted that "Sydney Sweeney, a registered Republican, has the “HOTTEST” ad out there. It’s for American Eagle, and the jeans are “flying off the shelves.” - Palantir (PLTR) shares gain. The data analytics company has earnings after the bell. BI noted that continued momentum...

On this episode of Stock Movers: - Spotify (SPOT) shares rise after the company raised premium subscription prices across many markets outside the US. Last week, Spotify had a disappointing earnings release, showing a 2Q loss due to high-than-expected expenses related to employee compensation. - Tyson Foods (TSN) shares gain. Tyson raised its earnings forecast after quarterly profit unexpectedly r...

On this episode of Stock Movers: - Tesla (TSLA) share are higher as it approved an interim stock award of 96 million shares for Chief Executive Officer Elon Musk. The Tesla board emphasized the importance of retaining Musk at the helm, saying the reward was a first step 'good faith' payment to Musk. A special board committee has been exploring ways to offer Musk a new compensation agreement after...

On this episode of Stock Movers: - Berkshire Hathaway (BRK.B) shares are lower after Warren Buffett’s company took a $3.8 billion impairment on its Kraft Heinz stake. Bloomberg Intelligence analyst Matthew Palazola writes Berkshire Hathaway’s diversity of operations should allow it to withstand emerging headwinds from US trade policies, lower interest rates and revisions to federal ene...

On this episode of Stock Movers: - Lindt shares fell 1.8% to 116,800 Swiss francs as traders had their first opportunity to react to US President Donald Trump’s punitive 39% export tariff on Switzerland. - Lloyds rose 6.8% after they won a major reprieve in a pivotal UK car finance case. After markets closed on Friday, the Supreme Court agreed that banks should only pay compensation in the m...

Meta Platforms Inc. is taking advantage of its lucrative advertising business and stepping up spending next year, with executives saying now is the time to seize on investment opportunities in artificial intelligence.    Investors cheered the plan, sending shares up as much as 12% to $779.34 after markets opened in New York on Thursday, marking a record high. The social media giant repor...

On this edition of Stock Movers: - Carvana (CVNA) shares notched an all-time high this week — rising more than 10,000% from a low in late 2022 — and delivering a blow to investors betting against the online used-car dealer. The jump to record caps a roller-coaster ride for the stock that quickly became an investor darling after a public debut in 2017, but has also been plagued by criti...

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 Matt Miller, Katie Greifeld, Carol Massar and Tim Stenovec. - Apple (AAPL) shares slid despite delivering strong earnings as markets traded lower today. The iPhone-maker reported its fastest quarterly revenue growth in more tha...

On this episode of Stock Movers: - Figma (FIG) shares surge. The design software maker and some of its shareholders raised $1.2 billion in the firm’s blockbuster initial public offering. The blowout IPO gives co-founder Dylan Field a fortune of $6.1 billion, putting him on the verge of being ranked among the world’s 500 richest people, according to the Bloomberg Billionaires Index - Mo...

On this episode of Stock Movers: - Amazon (AMZN) shares fall after the company reported weaker-than-expected operating income. Amazon spent a record $31.4 billion on capital expenditures in the quarter, up about 90% from the same period a year earlier - Apple (AAPL) shares rise. CEO Tim Cook said the company saw an acceleration of growth around the world, including in Greater China and EM. 4Q reve...

On this episode of Stock Movers: - Apple (APPL) shares are rising after the company reported third-quarter results that beat on key metrics, notably iPhone revenue and revenue from the greater China region. It also gave a sales outlook that is stronger than expected. CEO Tim Cook said the company saw an acceleration of growth around the world, including in Greater China and many emerging markets,...

On this episode of Stock Movers:    - Apple (APPL) shares are rising after the company reported third-quarter results that beat on key metrics, notably iPhone revenue and revenue from the greater China region. It also gave a sales outlook that is stronger than expected. CEO Tim Cook said the company saw an acceleration of growth around the world, including in Greater China and many emerg...