Stock Movers

Today's biggest winners and losers in the stock market.

Carnival, FedEx and Darden Restaurants are in focus. Bloomberg’s Nathan Hager previews what to expect from these companies in the week ahead with Avalon Pernell, Bloomberg News reporter.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Dutch chip-equipment giant ASML is contending with its biggest challenge yet under the Trump administration: In a series of recent meetings, Commerce Secretary Howard Lutnick outlined concerns to ASML’s senior leaders that one of its top-of-the-line machines may have made its way into China, in violation of US-led export restrictions.
- Nordea analyst Martin Brenoe raised the recommendation on Novo Nordisk A/S Class B to buy from hold.
- Nexans and Prysmian are among European cable companies ge...

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Dutch chip-equipment giant ASML is contending with its biggest challenge yet under the Trump administration: In a series of recent meetings, Commerce Secretary Howard Lutnick outlined concerns to ASML’s senior leaders that one of its top-of-the-line machines may have made its way into China, in violation of US-led export restrictions.
- Nordea analyst Martin Brenoe raised the recommendation on Novo Nordisk A/S Class B to buy from hold.
- Vestas Wind advances as much as 4.4% after being pl...

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- SK Hynix erased earlier gains but is still up around 2% after investors decided tech stocks may be the best place to navigate cross-currents from the US-Iran deal, Warsh's first Fed policy meeting, and the Bank of Japan raising rates.
- South Korean stocks fall after the benchmark Kospi Index touched a record high, as risk-off sentiment swept global markets ahead of the weekend while investors assessed the durability of the recently signed US-Iran peace agreement. Samsung is down 2.4%.
...

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Shares of Madison Square Garden Sports (MSGS) declined on Wall Street as the New York Knicks' championship parade packed Lower Manhattan with fans, cops, and confetti. A ticker-tape parade stepped off from Bowling Green in Lower Manhattan, traveling north along Broadway. Players including Jalen Brunson, Mikal Bridges, OG Anunoby and Karl-Anthony Towns — accompanied by New York City Mayor Zohran Mamdani and the state’s governor, Kathy Hochul — rolled along the “Canyon of Heroes” on floats, waving to sidewalks crammed with fans, many of wh...

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- SpaceX (SPCX) shares slipped in premarket trading, putting them on track to fall for a second straight day as it wraps up its first week as a public company following a record initial public offering. The stock fell as much as 3.5% in premarket trading after initially rising 2%. The move is set to extend Wednesday’s nearly 5% decline, the first down day for shares after they jumped 49% across their first three days of trading. Still, the rocket and AI company remains on trac...

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Intel (INTC) surged in premarket trading and Apple (AAPL) shares are also moving on news the chipmaker will work alongside Apple to design and produce semiconductors domestically. President Trump made the announcement. The iPhone maker has held exploratory discussions about using Intel and Samsung to produce the main processors for its devices in the US.
- Smith and Wesson (SWBI) shares are rising this morning. The company had a profit of 36 cents a share on a comparable basis for the...

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Intel (INTC) surged in premarket trading and Apple (AAPL) shares are also moving on news the chipmaker will work alongside Apple to design and produce semiconductors domestically. President Trump made the announcement. The iPhone maker has held exploratory discussions about using Intel and Samsung to produce the main processors for its devices in the US.
- Smith and Wesson (SWBI) shares are rising this morning. The company had a profit of 36 cents a share on a comparable basis for the...

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Payments firm Edenred said it has been approached by investment funds, following a report of takeover interest from BC Partners.
- Tesco Plc’s sales rose less than expected in the fiscal first quarter as the UK’s biggest supermarket grapples with weaker consumer sentiment and a tough comparison with last year.
- Evonik Industries AG is shedding an additional 3,200 jobs and scrapping its unprofitable polyester business as the German chemicals company grapples with geopolitical turmoil, high energy costs and...

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- French employee-benefits firm Edenred said it has been approached by investment funds, following a report of takeover interest from BC Partners.
- Shares in Legrand rose after executives from the French electrical-equipment group presented at JPMorgan’s European Industrials Conference in London.
- Carrefour drops as much as 4% as JPMorgan places the French supermarket operator on a negative catalyst watch, saying first-half results on July 23 “might turn out to be a downgrade event.”

See omnystudio.com/listener for pr...

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- SK Hynix was one of the biggest boosts to South Korea’s Kospi which advanced as much as 1.5% to a record, led by strength in chip giants.
- Tencent is one of the Chinese hyperscalers following their American frenemies lower in Asia trading.
- Alibaba’s Hong Kong-listed shares fall as much as 3.7% after China released draft rules aimed at regulating subsidies on food delivery platforms.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

- SpaceX (SPCX) shares declined for the first time since its record initial public offering, snapping a three-day rally that had reached nearly 50%. Shares of Elon Musk’s rocket and AI firm fell about 5% after a volatile session that saw the stock initially gain as much as 6% before reversing. The decline dragged SpaceX back below Amazon.com Inc. in value, making it the sixth-largest company in the world with a market capitalization of about $2.5 trillion. Still, the shares are more than 42% above their $135 IPO price.

- CarMax (KMX) shares dr...

On this episode of Stock Movers:
-SpaceX (SPCX) shares drop, erasing a gain that had reached 6% earlier in the session. The decline puts the stock on track to snap a three-day winning streak that had pushed shares nearly 50% above their $135 IPO price.
-CME Group (CME) shares drop. CME Group Inc. Chief Executive Officer Terry Duffy is handing over the reins after more than 25 years at the world’s largest derivatives exchange. Duffy will step down as CEO on March 1 and transition to executive chairman, with Chief Financial Officer Lynne Fitzpatrick taking over as CEO.
-Coinbase (COIN) sh...

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- SpaceX (SPCX) shares are climbing higher yet again. Shares are poised for a fourth straight day of gains, reinforcing the company’s place among the world’s largest after it surpassed Amazon.com by market value.
- La-Z-Boy (LZB) shares are higher after the home furniture store’s reported adjusted earnings per share for the fourth quarter beat the average analyst estimate.
- CarMax (KMX) shares are moving after it reported net sales & operating revenue for the first quarter that b...

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- BMW shares fall as much as 12% to their lowest since November 2020 after the German carmaker slashed its profitability forecast and ramped up its cost-cutting program, flagging worsening demand in China and negative sentiment from the war in the Middle East.
- Hapag-Lloyd shares rise as much as 6.1%, before paring the move, following a Manager Magazin report that Mediterranean Shipping Company owner Gianluigi Aponte has enquired with shareholders in the German container shipper about buying a stake.
- AO World...

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- BMW shares fall as much as 12% to their lowest since November 2020 after the German carmaker slashed its profitability forecast and ramped up its cost-cutting program, flagging worsening demand in China and negative sentiment from the war in the Middle East.
- Shares in Auto1, the platform for buying and selling used cars, rose after providing long-term financial targets for its Merchant and Retail segments at today’s capital markets event.
- Hays shares rise as much as 7.4%, the most in...

On this episode of Stock Movers:

- SpaceX (SPCX) jumped for a third straight day on Tuesday, overtaking Amazon.com Inc. in value to become the fifth-largest stock in the world. Shares closed 4.8% higher, pushing its market capitalization to $2.65 trillion, roughly $8 billion higher than Amazon’s. At the stock’s intraday high, the market value of Elon Musk’s rocket and AI company topped Microsoft Corp. to briefly become the world’s fourth-largest stock. SpaceX announced Tuesday that it has formally agreed to take over Cursor in a deal that values the AI coding startup at $60 billion. Cursor i...

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.

- SpaceX (SPCX) jumped for a third straight day on Tuesday, overtaking Amazon in value to become the fifth-largest stock in the world. Shares closed 4.8% higher, pushing its market capitalization to $2.65 trillion, roughly $8 billion higher than Amazon’s. At the stock’s intraday high, the market value of Elon Musk’s rocket and AI company topped Microsoft Corp. to briefly become...

On this episode of Stock Movers:

- SpaceX (SPCX) jumped for a third straight day on Tuesday, putting it on track to overtake Amazon.com in value and briefly making it the world’s fourth largest stock ahead of Microsoft. At least some of the price action since its debut has been driven by the relatively small number of SpaceX shares available to trade, with only about 4.2% accessible on day one. That can make trading more volatile, with the stock more prone to large swings that can quickly change its market value. The gains in SpaceX shares ar...

On this episode of Stock Movers:
- SpaceX (SPCX) shares gain. SpaceX formally agreed to buy Cursor in a deal that will entitle the startup's investors to SpaceX stock. The acquisition is expected to help SpaceX's xAI rapidly rebuild and catch up to rivals including Anthropic PBC and OpenAI in the market for artificial intelligence-powered coding tools.
- Rackspace Technology (RXT) shares rise. The IT company said it signed a definitive agreement with Advanced Micro Devices for the phased deployment of 30 MW of AMD-based compute across Rackspace’s global data centers.
- Netflix (NFLX) shares drop. Se...

On this episode of Stock Movers:

-Dave & Buster's (PLAY) shares sink. The operator of restaurant and entertainment facilities reported comparable sales for the first quarter that missed the average analyst estimate. Research firm Benchmark downgraded the stock, citing a lack of confidence that same-store sales will stabilize/eventually turn positive this year. 

-Western Digital (WDC) shares rise. Morgan Stanley reiterated Overweight ratings on the hard-drive makers and bumped its price target for Western Digital stock to $650.

-SpaceX (SPCX) shares gain. SpaceX formally agreed to buy Cursor in a deal that will entitle the s...

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Yum! Brands (YUM) agreed to sell its struggling Pizza Hut chain for $2.7 billion to a private equity firm and its China business. LongRange Capital will acquire Pizza Hut ex-China for $1.5 billion, Yum said in a statement Tuesday. Yum China Holdings Inc. will buy the rest of the business for $1.2 billion. The transactions are expected to close in the third quarter.
- Dave & Buster’s (PLAY) shares tumble after the operator of restaurant and entertainment facilities reported comparable sales for the fi...

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- SpaceX (SPCX), X67 and Anysphere entered a merger agreement with Cursor in a deal which values Cursor at an implied equity value of $60b.
- Novo Nordisk (NOVOB DC) will submit oral Wegovy for regulatory approval in China in a few weeks, Chief Executive Officer Mike Doustdar told reporters in Beijing on Tuesday.
- Dave & Buster's (PLAY) reported revenue for the first quarter that missed the average analyst estimate.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Rathbones Group Plc shares plunged after the UK wealth manager said it expects to incur £60 million ($80.4 million) of additional costs over the next two years, as it addresses issues found in a watchdog review into how it treats its customers.
- STMicroelectronics NV is looking to raise $1.5 billion from selling debt that can be exchanged into equity after the chipmaker’s shares tripled in value so far this year.
- Porsche received an upgrade to equal-weight at Barclays, which see...

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Germany rejected UniCredit SpA’s takeover bid for Commerzbank AG and said it supports the lender’s independence given its important role for the national economy.
- Rathbones Group Plc shares plunged after the UK wealth manager said it expects to incur £60 million ($80.4 million) of additional costs over the next two years, as it addresses issues found in a watchdog review into how it treats its customers.
- Germany’s Rheinmetall and South Korean LIG Defense&Aerospace agreed to establi...

Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:

- SpaceX (SPCX) shares jumped in their second day of trading, adding to gains following a blockbuster debut that instantly vaulted it into the ranks of the world’s most valuable public companies.The stock climbed as much as 16%, extending Friday’s 19% rally, to add almost $340 billion in market value. The move boosts the company’s market value to more than $2.4 trillion, putting it among the top six largest companies in the world. At its curren...

Today's biggest winners and losers in the stock market.

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 Griefeld, Carol Massar and Tim Stenovec

- SpaceX (SPCX) shares jumped in their second day of trading, adding to gains following a blockbuster debut that instantly vaulted it into the ranks of the world’s most valuable public companies.The stock climbed as much as 16%, extending Friday’s 19% rally, to add almost $340 billion in market value. The...

Today's biggest winners and losers in the stock market, a look at the notable movers:

On this episode of Stock Movers:
- Fox (FOX) will acquire Roku for $160 a share in a cash-and-stock deal that values the streaming video platform at an enterprise value of about $22 billion. Fox intends to finance the cash portion of the transaction with about $8.3 billion of new debt as well as cash, according to a separate release. The sharp decline in Fox shares means the stock component of the agreement would be worth less if it holds through the closing of...

On this episode of Stock Movers:
-Fox Corporation (FOXA) shares fall. Fox agreed to acquire Roku Inc. in a deal valued at about $22 billion including debt, creating a new television juggernaut and marking a big push into ad-supported streaming.
-American Airlines (AAL) shares surge. Airline companies gain while energy stocks fall after the US and Iran said they reached an interim agreement to reopen the Strait of Hormuz.
-SpaceX (SPCX) shares jumped in their second day of trading, adding to gains following a blockbuster debut that instantly vaulted it into the ranks of the world’s mo...

On this episode of Stock Movers:
- SpaceX (SPCX) shares jumped in their second day of trading, adding to gains following a blockbuster debut that instantly vaulted it into the ranks of the world’s most valuable public companies. The company has exercised the IPO’s over-allotment option, which lets underwriters sell an additional 83.3 million shares, increasing the amount raised to $86.2 billion.
- Fox (FOX) shares fall after the company agreed to acquire Roku Inc. in a deal that values the streaming video platform at about $22 billion including debt. The acquisition will combine Fox’s sports, news and en...

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Roku (ROKU) is higher while Fox (FOX) is declining on news Fox agreed to acquire Roku in a deal that values the streaming video platform at about $22 billion including debt.
- United Airlines (UAL) is surging with airlines stocks up around 4% ahead of the open after the U.S. and Iran reached an interim peace deal.
- Coinbase (COIN) and Robinhood (HOOD) are following Bitcoin higher amid broader risk appetite with the US-Iran interim deal.

See omnystudio...

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- SpaceX (SPCX) is higher in its first pre-market session after a record IPO on Friday.

- Paramount Sky (PSKY) shares are rising after the US Justice Department closed an antitrust probe into Paramount Skydance’s purchase of Warner Bros. Discovery, saying the deal “is not likely” to hurt consumers or competition in the film and television industry.

- Exxon Mobil (XOM) shares are lower along with other energy stocks following the US-Iran interim deal that is pus...

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Oil majors Shell and BP are losing out this morning on the news of a US-Iran peace deal and the subsequent fall in oil prices? 

- Activist investor Elliott has taken an almost 5% stake in the FTSE 100-listed distributor Bunzl, sending shares higher.

- Schneider Electric announced a strategic collaboration with Hon Hai Technology Group (Foxconn) to co-develop and scale next-generation AI data centers, with production beginning later this year.

See omnystudio.com/l...

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Airline and travel stocks including Tui, Lufthansa, and Ryanair are all benefiting from the US and Iran's interim agreement to end hostilities. 

- Energy stocks from Equinor to TotalEnergies are dipping on news of a potential end to the war after previously profiting from higher energy prices.

- Maersk is one of a number of shipping stocks trading lower on uncertainty over when and how shipping routes in the Strait of Hormuz will be reopened.

Kroger, Carmax, and DraftKings are in focus. Bloomberg’s Nathan Hager previews what to expect from these companies in the week ahead with Judy Lagrou, Bloomberg News Reporter.

See omnystudio.com/listener for privacy information.

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 Griefeld, Carol Massar and Tim Stenovec

- Shares of SpaceX (SPCX) climbed in their first day of trading on Friday following a $75 billion IPO that smashed records and instantly turned the crown jewel of Elon Musk’s business empire into one of the most-valuable public companies in the world.The stock climbed as high as $176.52, or 31% above its offering price, in afternoon trading in New York. Th...

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers, we look at some of the week's biggest gainers and decliners:

Shares of SpaceX climbed in their first day of trading on Friday following a $75 billion IPO that smashed records and instantly turned the crown jewel of Elon Musk’s empire into one of the most valuable public companies in the world. 

The stock climbed as high as $176.52, or 31% above its offering price, less than two hours after the shares started trading shortly before noon in New York. The jump in price turned Musk into the world’s first trillionaire and sent the company’s market capitalization above $2 trillion. 

For instant reaction and analysis, Bloomberg's Kailey Leinz sp...

On this episode of Stock Movers:
-Adobe (ADBE) shares fall. The company said its chief financial officer would depart, leaving a leadership vacuum following the CEO's announced resignation. Chief Financial Officer Dan Durn is exiting his post to join Marvell Technology Inc., and Steve Day will serve as interim CFO until a successor is hired.
-Lennar (LEN) shares dipped after the homebuilder forecast deliveries for the third quarter; the guidance missed the average analyst estimate. Analysts note a challenging backdrop of high mortgage rates and geopolitical uncertainty.
-Medline (MDLN) shares slip as analysts note a short-term...

On this episode of Stock Movers:
-CoreWeave (CRWV) shares gain after Nasdaq said they’re among five companies that will join the Nasdaq 100 Index, effective prior to market open on June 22nd.
-Lennar (LEN) shares drop after the homebuilder forecast deliveries for the third quarter; the guidance missed the average analyst estimate. Analysts note a challenging backdrop of high mortgage rates and geopolitical uncertainty.
-Adobe (ADBE) shares fall. The company said its chief financial officer would depart, leaving a leadership vacuum following the CEO's announced resignation. Chief Financial Officer Dan Durn is exiting his post to jo...