Stock Movers

On this episode of Stock Movers: - NextEra Energy (NEE) is one of many wind and solar stocks moving to the downside this morning amid Senate deliberations over the US tax bill. The new version of the bill adjusts key provisions on the SALT deduction, Medicaid, and clean energy, and includes compromises among warring factions of the Senate GOP. - Tesla (TSLA) shares are lower, following the trend o...

Gap's CEO is battling to save the iconic brand and now it's confronting headwinds from President Trump's tariff policy. The iconic ’90s retailer was on the precipice of death for years. Richard Dickson finally had momentum for a comeback—then came Trump. Bloomberg's Amanda Mull explains the story, in conversation with Carol Massar and Tim Stenovec. See omnystudio.com/listener for priva...

Carnival Corp. shares jumped after it raised its full-year profit outlook as cruise demand has shrugged off the volatile economic and geopolitical backdrop.    Its stock surged, while peers Royal Caribbean Cruises Ltd., Norwegian Cruise Line Holdings and Viking Holdings Ltd. also rose.    The industry appears to be rebounding from earlier worries that demand was softening for v...

On this episode of Stock Movers: - Equinix (EQIX) shares ended the week higher after seeing two days of consecutive losses. It was the second-best performing stock in the S&P 500 on Friday, following shares falling nearly 20% in the previous two trading sessions. - Royal Caribbean (RCL) shares ended the week higher, driven by Carnival Cruise, which raised its guidance for the second time this...

On this edition of Stock Movers: - Nike (NKE) shares jumped as much as 15%, the most intraday since December 2022, after forecasting a smaller-than-expected drop in revenue for the current quarter, a sign that the sportswear company's earnings trend may have hit an inflection point, according to analysts. Nike said its yearlong sales decline is starting to ease, suggesting that Chief Executive Off...

On this episode of Stock Movers: - Nike (NKE) shares rise after the sneaker company's said its yearlong sales decline is finally starting to ease, suggesting that CEO Elliott Hill's strategic moves are paying off. - Uber (UBER) and Lyft (LYFT) shares fall after both rideshare firms were downgraded to hold from buy at Canaccord Genuity as analyst George Gianarikas sees “potential for rapid di...

On this episode of Stock Movers: - Estee Lauder (EL) shares rise after HSBC raised its recommendation to buy from hold and increased its price target to $99 from $80 as it sees the cosmetics company at the end of a downgrade cycle. - Boeing (BA) shares gain after Rothschild & Co Redburn upgraded the planemaker to buy from neutral with analyst Olivier Brochet citing improvements that makes the...

On this episode of Stock Movers: - Nike (NKE) shares are on the upswing this morning after forecasting a smaller-than-expected drop in revenue for the current quarter, a sign that the sportswear company’s earnings trend may have hit an inflection point, analysts say. That comes after a string of strategic moves from CEO Elliott Hill, including a refocusing on sports and a cleanup of inventor...

On this episode of Stock Movers: - Nike (NKE) shares are on the upswing this morning after forecasting a smaller-than-expected drop in revenue for the current quarter, a sign that the sportswear company’s earnings trend may have hit an inflection point, analysts say. That comes after a string of strategic moves from CEO Elliott Hill, including a refocusing on sports and a cleanup of inventor...

On this episode of Stock Movers: - European sportswear stocks are rising on Friday after US giant Nike said its yearlong sales decline is starting to ease, with a smaller sales drop seen in the current quarter than earlier anticipated. - All sides are keen to reach a final investment decision on the project before parliament’s recess on July 21, Financial Times reports, citing unidentified p...

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 Tim Stenovec. - Nvidia (NVDA) shares continues its rally that started yesterday when it rose to an all-time high. Recent earnings from Nvidia were a notable catalyst for bulls, as t...

On this edition of Stock Movers: - Coinbase (COIN) shares are on track for their first record in more than three years, capping off a rally fueled by growing acceptance of the cryptocurrency industry on Wall Street and in Washington. The crypto-exchange operator’s stock was up 2.7% on Thursday, trading at $365.05 — higher than the peak close of $357.39 in November 2021, just months aft...

On this episode of Stock Movers: - Walgreens (WBA) shares rise after the company reported quarterly profit that beat Wall Street’s expectations. It's a hopeful sign as the pharmacy giant prepares to transform into a private company after its market value plummeted due to retail competition. - McCormick (MKC) shares rise after the company's 2Q EPS topped estimates and management reaffirmed it...

On this episode of Stock Movers: - Equinix (Ticker EQIX) shares fall as its long-term outlook disappointed investors. They plan to build out capacity through 2029, but higher interest expense from up-front debt issuance will counter short-term growth. - McCormick (Ticker MKC) shares rise after the company's 2Q EPS topped estimates and management reaffirmed its profit and sales guidance. Barclays s...

On this episode of Stock Movers: - Micron Technology (MU) shares are higher this morning as it gave an upbeat forecast for the current quarter, driven by demand for artificial intelligence equipment, and posted third-quarter results and a fourth-quarter forecast that exceeded estimates. The company's high-bandwidth memory (HBM) business is fueling a sales surge, with continued growth expected as A...

On this episode of Stock Movers: - H&M profit was buoyed by tighter cost control and demand for its women’s fashion and sportswear ranges in the second quarter, a sign Chief Executive Officer Daniel Erver’s turnaround strategy is finally progressing. - Shell says it has not been actively considering making an offer for BP, has not made an approach and no talks have taken place with...

On this edition of Stock Movers: - Micron (MU) shares are up after the largest US maker of computer memory chips, gave an upbeat forecast for the current quarter, helped by demand for artificial intelligence equipment. Fiscal fourth-quarter revenue will be roughly $10.7 billion, the company said in a statement Wednesday. That was well ahead of the $9.89 billion average analyst estimate, sending th...

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 Tim Stenovec. - Micron (MU), the largest US maker of computer memory chips, gave an upbeat forecast for the current quarter, helped by demand for artificial intelligence equipment....

On this edition of Stock Movers: - Coinbase (COIN) shares gain after Bernstein raised the target on the crypto trading platform to $510, a Street high and 48% above Tuesday’s close, from $310. The company’s revenue is set to more than double by 2027 as it benefits from strong trading growth, as well as non-trading revenue lines such as staking and stablecoins, analyst Gautam Chhugani w...

On this episode of Stock Movers: - Bumble (BMBL) shares rise after the company said it’s cutting almost one-third of its staff, months after founder Whitney Wolfe Herd returned as chief executive officer to overhaul the struggling dating app. - FedEx (FDX) shares drop after the company warned that its profit will be worse than expected this quarter and declines to offer guidance for the rest...

On this episode of Stock Movers: - FedEx (FDX) is sinking on a warning on tariffs. FedEx warns that its profit will be worse than expected this quarter due to the impact of President Donald Trump's trade war on its business. The company's shares dropped 6% in premarket trading, and its stock is down 18% year to date, with US-China shipments deteriorating sharply in May. - Quantumscape (QS) shares...

On this episode of Stock Movers: - FedEx (FDX) is sinking on a warning on tariffs. FedEx warns that its profit will be worse than expected this quarter due to the impact of President Donald Trump's trade war on its business. The company's shares dropped 6% in premarket trading, and its stock is down 18% year to date, with US-China shipments deteriorating sharply in May. - UPS (UPS) shares are foll...

On this episode of Stock Movers: - Babcock International Group raised its medium-term profit target and announced its first-ever share buyback as the UK defense firm benefits from a surge in military spending. - Worldline SA shares fell by more than a fifth on Wednesday, following reports that the company covered up fraud by customers. - Stellantis rises as much as 4.1% as Jefferies upgrades the a...

On this edition of Stock Movers: - Carnival (CCL) shares jumped after it raised its full-year profit outlook as cruise demand has shrugged off the volatile economic and geopolitical backdrop. Its stock surged by as much as 10%, while peers Royal Caribbean Cruises Ltd., Norwegian Cruise Line Holdings and Viking Holdings Ltd. also rose by more than 4.3%. Earnings will be around $1.97 per share this...

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, Alix Steel, Carol Massar and Tim Stenovec. - FedEx (FDX) forecast a worse-than-expected profit for the current quarter in a sign that soft demand from consumers and businesses rattled by tariffs is...