Podcast
Stock Movers
Hosted by iHeartPodcasts · EN
Listen for five-minute conversations on today's biggest winners and losers in the stock market.
Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.
247episodes
Episodes
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alesforce Gains on Upgrade; General Mills Beats; Nike Falls on Outlook
2w ago00:04:00Tap to summarizeToday's biggest winners and losers in the stock market.On this episode of Stock Movers:- Shares of Salesforce (CRM) moved higher alongside fellow software companies ServiceNow (NOW) and Check Point Software Technologies (CHKP) after Guggenheim upgraded the trio from buy to neutral, saying fears that artificial intelligence poses a mortal threat to the sector are overdone. Software stocks have been broadly pressured this year, with investors fretting that offerings from AI-native companies like Anthropic PBC or OpenAI will ravage the sector’s long-term prospects. All three stocks have been among the hardest hit from the AI-induced selloff, with declines ranging from a drop of nearly 30% at Check Point to a decline of more than 40% for Salesforce, which fell for 14 straight days last month in its longest losing streak on record.- Shares of General Mills (GIS) posted their largest intraday gain since March 2020 after posting fourth-quarter profit that beat Wall Street expectations, lifted by higher prices. The Minneapolis-based company reported adjusted earnings per share of 95 cents, topping the average of analyst estimates. The Cheerios cereal maker also posted revenue above analysts’ expectations. General Mills had been working to win over shoppers with lower prices at a time when many are feeling pinched. Last quarter, the company faced sales declines after slashing prices across much of its portfolio, but said it has since stopped lowering prices. The company is also contending with consumers increasingly opting for less-processed options over many packaged foods. General Mills said it planned to seek $3 billion in cost savings by fiscal year 2030.- Shares of Nike (NKE) slumped Wednesday after executives gave a cautious outlook and warned about elevated consumer anxiety, adding to investor concerns about the sportswear company’s painfully slow turnaround. Nike expects a slowdown in the coming quarter compared to the current period, citing the timing of wholesale shipments in North America among other factors. Chief Executive Officer Elliott Hill has led Nike for almost two years and progress toward recapturing growth has dragged on, sparking frustration. Management faces ever-growing pressure to produce results, with the company’s stock down 36% this year through Tuesday’s close, putting the shares on track for a fifth consecutive annual decline.See omnystudio.com/listener for privacy information.
Transcribe →Meta Deal; General Mills and Alcoa
2w ago00:04:16Tap to summarizeToday's biggest winners and losers in the stock market.On this episode of Stock Movers:- Meta (META) share are moving on news it is developing plans for a cloud infrastructure business to sell access to AI computing power and models, competing with industry leaders like Amazon Web Services, Microsoft Azure and Google Cloud.- General Mills (GIS) shares are moving after it posted fourth-quarter profit that beat Wall Street expectations, lifted by higher prices.- Alcoa (AA) shares are moving on news it agreed to buy South32 Ltd.’s bauxite, alumina and aluminum assets in a deal worth as much as $5.6 billion. The acquisition significantly expands Alcoa’s integrated aluminum business, strengthening its position as one of the world’s largest producers by adding assets across the entire value chain.See omnystudio.com/listener for privacy information.
Transcribe →Nike Drops; Microsoft Ticks Higher; Bloom Energy Rallies
2w ago00:04:22Tap to summarizeToday's biggest winners and losers in the stock market. On this episode of Stock Movers: - Nike (NKE) shares are dropping after the sneaker company said on its conference call revenue expectations for the next two quarters are now seen down low-to-mid single digits from down low single digits earlier. The company also said its 4Q results were “in line” with its expectations, but that the operating environment is “increasingly challenging,” and with sell-through also remaining “challenged.” - Microsoft (MSFT) is ticking higher as it's set to announce more job cuts next week, citing a report from Business Insider. - Bloom Energy (BE) are rising after the announcement the company expanded its partnership with Brookfield from $5 billion to $25 billion to help grow the fuel cell partnership globally. - Intuitive Machines (LUNR) shares are higher on news NASA selected Astrobotic, Firefly Aerospace and Intuitive Machines for four moon missions in late 2028 as part of the Moon Base Program.See omnystudio.com/listener for privacy information.
Transcribe →Galderma Slumps, AB Foods Falls, CMC Markets Soars
2w ago00:04:22Tap to summarizeToday's biggest winners and losers in the stock market. On this episode of Stock Movers: Galderma shares slumped the most in more than a year after the US Food and Drug Administration turned down the Swiss dermatology firm’s rival Botox treatment Relfydess. Associated British Foods reported lower sales at its Primark budget fashion chain and a profit-hit at its sugar unit due to the war in Iran, as the conglomerate prepares to separate its clothing and food divisions. CMC Markets shares soared 22% to a fresh record after the UK financial derivatives dealer raised its guidance for 2027 net operating income citing strong momentum. See omnystudio.com/listener for privacy information.
Transcribe →Schneider Drops, AB Foods Falls, JD Sports
2w ago00:04:39Tap to summarizeToday's biggest winners and losers in the stock market. On this episode of Stock Movers: Schneider Electric has announced a $3.1 billion all-cash deal to acquire Cognite Holding, expanding its industrial data and AI software business. Analysts say the acquisition multiple seems high, but flag that it only represents a bolt-on deal considering Schneider’s market capitalization of about €165 billion. Associated British Foods reported lower sales at its Primark budget fashion chain and a profit-hit at its sugar unit due to the war in Iran, as the conglomerate prepares to separate its clothing and food divisions. JD Sports struggles with a tough consumer environment, amidst growing pressure in the sportswear market. See omnystudio.com/listener for privacy information.
Transcribe →TSMC Rises, China Life Drops, SK Hynix Falls
2w ago00:04:26Tap to summarizeToday's biggest winners and losers in the stock market. On this episode of Stock Movers: In Taiwan the capex beneficiary story remained healthy. Gains were seen for a number of firms including a jump of as much as 5.2% for TSMC. In China there have been some non tech movers including insurance firms. China Life fell as much as 4.7%. The Kospi Index fell, as the National Pension Service is set to resume re-balancing its domestic stock holdings after a temporary suspension. SK Hynix dropped as much as 5.2% See omnystudio.com/listener for privacy information.
Transcribe →Nike Slips, Verizon Falls on SpaceX Telecom Talks
2w ago00:06:00Tap to summarizeOn this episode of Stock Movers: - Nike (NKE) shares slipped in late trading on Tuesday as cautious comments from executives offset results in the latest quarter that outpaced expectations. Sales of $11 billion in the fiscal fourth quarter ended May 31 surpassed the average of estimates compiled by Bloomberg, while earnings per share also exceeded expectations. -Verizon Communications (VZ) and AT&T (T) are among telecommunications stocks extending losses after news that Space Exploration Technologies and Charter Communications held executive-level talks about partnering on a consumer mobile phone offering that could directly challenge wireless providers, according to people familiar with the matter. - Strategy (MSTR) shares are under pressure Tuesday as Bitcoin breaks below $59,000 and crypto‑related stocks weaken across the board.See omnystudio.com/listener for privacy information.
Transcribe →Closing Bell: Chip Stocks Rally, AT&T & Verizon Slip, Vita Coco Falls
2w ago00:06:03Tap to summarizeOn 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. - Shares of semiconductor-related companies rallied as increased investments from leading chipmakers in South Korea bolster investors’ optimism. ASML (ASML) hit a fresh record in Amsterdam earlier. In the US, chip equipment suppliers like Applied Materials (AMAT) and KLA (KLA) closed higher in New York trading. A growing list of analysts turned more positive on chip-tool makers in June, expecting top chipmakers to speed up equipment purchases. - AT&T (T) and Verizon (VZ) are among telecommunications stocks extending losses after news that SpaceX and Charter Communications held executive-level talks about partnering on a consumer mobile phone offering that could directly challenge wireless providers, according to people familiar with the matter. - Vita Coco (COCO) fell for the fourth day in a row for its worst decline in that span of times since March 2022.See omnystudio.com/listener for privacy information.
Transcribe →Chip Equipment Suppliers Soar, Zimmer Biomet Slumps, AeroVironment Soars
2w ago00:04:40Tap to summarizeOn this episode of Stock Movers, we look at some of the week's biggest gainers and decliners: - Shares of companies that supply semiconductor equipment are soaring this week as increased investments from leading chipmakers in South Korea bolster investors’ optimism. US-based companies like Applied Materials (AMAT) and KLA Corp (KLA) rallied along with their peers overseas. More broadly, the US chip benchmark is up 100% in the first half as it heads for the best quarter on record. - Zimmer Biomet (ZBH) fell sharply after Cleveland Research published a report that cited disappointing orthopedic market trends. - AeroVironment (AVAV) shares rallied after the defense company reported fourth-quarter results that topped expectations and forecast 2027 revenue that at the midpoint exceeds estimates. Analysts note strength in its drones business.See omnystudio.com/listener for privacy information.
Transcribe →Strategy Falls on Bitcoin Outlook; Air Products Rises; Chip Stocks Eye Record Quarter
2w ago00:05:44Tap to summarizeToday's biggest winners and losers in the stock market.On this episode of Stock Movers:- Shares of Strategy Inc. (MSTR) are falling as analysts cut their price targets on the Bitcoin treasury company amid declining Bitcoin prices and as the Michael Saylor-led crypto company unveiled a sweeping overhaul of the financing model underpinning its Bitcoin strategy, giving itself broader powers to sell the cryptocurrency, buy back securities and preserve liquidity as it adapts to mounting pressure on the structure that fueled years of aggressive accumulation.- Shares of Air Products (APD) gained by the most since 2020, after the company said it will not proceed with the Louisiana Clean Energy Complex project and will record a pre-tax charge that’s not expected to exceed $2.9 billion in fiscal third-quarter.- Chip stocks are on pace for their best quarter ever, extending an extraordinary start to the year driven by insatiable demand for artificial intelligence equipment. But after recent jitters sent the stocks tumbling, investors are wondering how much further the rally can go.See omnystudio.com/listener for privacy information.
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