Stock Movers

On this episode of Stock Movers:- Warner Bros Discovery (WBD) shares are up 3.9% in premarket trading after Larry Ellison agreed to provide an irrevocable personal guarantee of $40.4 billion of the equity financing for the offer and any damages claims against Paramount. Paramount Skydance rises 3.1%, while Netflix ticks 0.4% higher.- Marvell Technology (MRVL) shares are up 2.1% in premarket trading, after Citi opened a positive catalyst watch on the chipmaker ahead of next month’s CES conference.- Rocket Lab (RKLB) shares jumped 18% on Friday and closed at a record high of $70.52 after the U.S. Space Development Agency on Friday awarded the company an agreement worth up to $805 million to provide 18 missile warning, tracking and defense satellites. Rocket Lab said the agreement was its largest single contract to date.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Warner Bros Discovery shares are up 3.9% in premarket trading after Larry Ellison agreed to provide an irrevocable personal guarantee of $40.4 billion of the equity financing for the offer and any damages claims against Paramount. Paramount Skydance rises 3.1%, while Netflix ticks 0.4% higher.- Nelson Peltz’s Trian Fund Management and General Catalyst agreed to buy asset manager Janus Henderson Group (JHG) for about $7.4 billion. Shareholders will receive $49 a share in cash, up from $46 a share that the investors offered in October, according to a statement Monday. Trian already owns 20.6% of Janus Henderson’s shares.- Shares of Newmont (ASX:NEM) rose over 5% in recent trade and reached their all-time peak in recent trading on the Australian bourse on Monday after gold touched a fresh record on expectations of US rate cuts.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Shares of Warner Bros. Discovery (WBD) moved higher ahead of the US market open as Paramount Skydance Corp. sweetened its bid for WBD, including offering a personal financial guarantee by Oracle Corp. Chairman Larry Ellison, as it seeks to beat out a rival bid from Netflix Inc. Ellison has agreed to personally guarantee $40.4 billion in equity financing for Paramount’s proposed $108.4 billion offer for Warner Bros., according to a statement Monday.  Ellison, whose son David Ellison is chief executive officer of Paramount, agreed not to revoke the Ellison family trust.- Shares of Rocket Lab (RKLB) climbed in early trading after the company won a US Space Force contract to design and build 18 satellites, marking the company’s largest single contract to date. The deal includes additional subsystem opportunities that could take the contract's total value to about $1 billion.- Shares of Clearwater Analytics (CWAN) rallied in premarket trading as a group of private equity firms led by Permira and Warburg Pincus has agreed to acquire Clearwater in a deal valuing the investment and accounting software maker at $8.4 billion including debt. Clearwater investors would get $24.55 a share for an equity value of about $7 billion, according to a statement confirming an earlier report by Bloomberg News. The company said the price, which is roughly 10% higher than the stock’s last close, represents a 47% premium to the price on Nov. 10, before Bloomberg reported the two buyout firms were in talks to buy it.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Netflix (NFLX) has refinanced part of a $59 billion bridge loan to support its potential acquisition of Warner Bros. Discovery Inc.The streaming giant secured a $5 billion revolving credit facility and two $10 billion delayed-draw term loans to refinance part of the bridge facility it took out for its Warner Bros. bid, according to a filing on Monday. That leaves $34 billion for syndication. - Shares of Clearwater Analytics (CWAN) rallied in premarket trading as a group of private equity firms led by Permira and Warburg Pincus has agreed to acquire Clearwater in a deal valuing the investment and accounting software maker at $8.4 billion including debt. Clearwater investors would get $24.55 a share for an equity value of about $7 billion, according to a statement confirming an earlier report by Bloomberg News. The company said the price, which is roughly 10% higher than the stock’s last close, represents a 47% premium to the price on Nov. 10, before Bloomberg reported the two buyout firms were in talks to buy it. - Shares of Datavault AI (DVLT) soared ahead of the US market open after the company announced the issuance of two U.S. patents supporting its push into AI-powered data monetization and blockchain-based content licensing. The patents, which enable automated smart contract enforcement and tokenized royalty distribution, bolster the company’s position in the $369 billion global content licensing market.See omnystudio.com/listener for privacy information.

On This episode of Stock Movers:- BHP and other miners are up as gold rose to an all-time high, as escalating geopolitical tensions and bets on further US rate cuts added momentum to the best annual performance in more than four decades.- Dairy makers are being hit after news that China will impose preliminary anti-subsidy duties of 21.9% to 42.7% on certain dairy products imports from the European Union from Dec. 23, according to a Ministry of Commerce statement.- Harbour Energy agreed to acquire LLOG Exploration Co. for $3.2 billion, marking the UK company’s entry into the deepwater US Gulf of Mexico.See omnystudio.com/listener for privacy information.

On This episode of Stock Movers:- Telecom Italia’s board approved a proposal to convert the company’s savings shares into ordinary stock and to reduce its share capital, moving toward a long-delayed change that would simplify its capital structure.- Fresnillo and other miners are up as gold rose to an all-time high, as escalating geopolitical tensions and bets on further US rate cuts added momentum to the best annual performance in more than four decades.- Harbour Energy agreed to acquire LLOG Exploration Co. for $3.2 billion, marking the UK company’s entry into the deepwater US Gulf of Mexico.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Computer data storage companies SanDisk (SNDK) and Micron (MU) both saw a boost to their share prices, coinciding with the rise of AI and computer technology spaces - Rivian (RIVN) sees their stock price climb 10.7% with anticipation for the release of the R2, their mid-size SUV - Frozen potato product brand Lamb Weston (LW) dropped 26% after a consistent decline and the company re-affirming its guidanceSee omnystudio.com/listener for privacy information.

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 Carol Massar. On this episode of Stock Movers: - Cruise group Carnival (CCL) sees their share price jump by over 9% today as the company expects profits to increase next year - WhiteFiber (WYFI) shares rose after it announced a 10-year 40 megawatt co-location agreement between its subsidiary Enovum Data Centers Corp. and Nscale Global Holdings, representing around $865 million in contracted revenue.  - KB Home (KBH) saw their stock decrease by 8.5% after posting fiscal 4th quarter revenue that missed analyst estimatesSee omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Oracle (ORCL) sees a 7% boost after it was announced that they would be leading a group of buyers in purchasing TikTok. - Nike (NKE) is down for the fourth day in a row with an 11% drop today. Sales are continuing to decline, citing difficulty in China as well as their Converse brand. - BioMarin Pharmaceutical (BMRN) is up big at 17% with their agreement to buy Amicus Pharmaceutics, helping expand their treatments for rare diseases.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Nike (NKE) shares sink after the company warned that sales will decline this quarter amid persistent weakness in China and at its Converse brand. The world’s largest sportswear company expects revenue to be down in the low-single digits in the three months that started Dec. 1, a surprising turn after two straight periods of growth.- FedEx (FDX) shares fall the most intraday since June 25, as the shipping firm upgraded FY targets, but to a lower magnitude than the 2Q earnings beat as it suffers from a string of cost headwinds including the grounding of its MD-11 planes.- KB Home (KBH) shares fall. The homebuilder posted fiscal fourth-quarter profit that missed analysts’ estimates. The mid-point of the outlook range for fiscal 2026 housing revenue also lagged expectations.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- BioMarin (BMRN) shares rise after the company agreed to buy Amicus Therapeutics Inc. for about $4.8 billion, helping the biotech company expand its portfolio of treatments for rare diseases.- FedEx (FDX) shares fall the most intraday since June 25, as the shipping firm upgraded FY targets, but to a lower magnitude than the 2Q earnings beat as it suffers from a string of cost headwinds including the grounding of its MD-11 planes. - Nike (NKE) shares sink after the company warned that sales will decline this quarter amid persistent weakness in China and at its Converse brand. The world’s largest sportswear company expects revenue to be down in the low-single digits in the three months that started Dec. 1, a surprising turn after two straight periods of growth.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Shares of Nike (NKE) fell as much as 10 percent in premarket trading as the sportswear retailer’s third-quarter guidance disappointed investors, with its turnaround hampered by weak sales in China and the Converse brand. It expects third-quarter sales to be down low-single digits, and gross margins to shrink by roughly 2 percentage points due to tariffs. North America business — a bright spot for fiscal 2Q — is expected to grow more slowly in the third quarter as product liquidation will no longer provide a big sales boost.- Shares of FedEx (FDX) edged lower in the early session as the shipping firm upgraded FY targets, but to a lower magnitude than the 2Q earnings beat as it suffers from a string of cost headwinds including the grounding of its MD-11 planes. Analysts are mostly positive on 2Q results that are boosted by peak season demand, cost reductions and customer wins in B2B health care. The non-core freight division that’s scheduled to be spun off remains under pressure.- Shares of Oracle (ORCL) rallied ahead of the US market open as TikTok’s long-delayed plan to separate from Chinese parent ByteDance Ltd. was put in motion Thursday when the video sharing sensation said it’s being bought by a group of buyers, led by Oracle. TikTok Chief Executive Officer Shou Chew told employees that the company and ByteDance signed binding agreements to create a US joint venture majority-owned by American investors, according to an internal memo reviewed by Bloomberg. Chew wrote that he was “pleased to share some great news” and said agreements with Oracle, Silver Lake Management and MGX have been signed. The deal is expected to close on Jan. 22, 2026, though Chew added that “there’s more work to be done” before then. Chinese regulators have yet to say whether they’ll approve the transaction.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Shares of Nike (NKE) fell as much as 10 percent in premarket trading as the sportswear retailer’s third-quarter guidance disappointed investors, with its turnaround hampered by weak sales in China and the Converse brand. It expects third-quarter sales to be down low-single digits, and gross margins to shrink by roughly 2 percentage points due to tariffs. North America business — a bright spot for fiscal 2Q — is expected to grow more slowly in the third quarter as product liquidation will no longer provide a big sales boost.- Shares of Oracle (ORCL) rallied ahead of the US market open as TikTok’s long-delayed plan to separate from Chinese parent ByteDance Ltd. was put in motion Thursday when the video sharing sensation said it’s being bought by a group of buyers, led by Oracle. TikTok Chief Executive Officer Shou Chew told employees that the company and ByteDance signed binding agreements to create a US joint venture majority-owned by American investors, according to an internal memo reviewed by Bloomberg. Chew wrote that he was “pleased to share some great news” and said agreements with Oracle, Silver Lake Management and MGX have been signed. The deal is expected to close on Jan. 22, 2026, though Chew added that “there’s more work to be done” before then. Chinese regulators have yet to say whether they’ll approve the transaction.- Shares of FedEx (FDX) edged lower in the early session as the shipping firm upgraded FY targets, but to a lower magnitude than the 2Q earnings beat as it suffers from a string of cost headwinds including the grounding of its MD-11 planes. Analysts are mostly positive on 2Q results that are boosted by peak season demand, cost reductions and customer wins in B2B health care. The non-core freight division that’s scheduled to be spun off remains under pressure.See omnystudio.com/listener for privacy information.

On This episode of Stock Movers:- WH Smith is under investigation by the UK’s Financial Conduct Authority over the accounting error in its North American business that triggered a stock slump and the resignation of its chief executive officer.- BBVA SA said it will carry out its largest share buyback ever as it seeks to draw a line under its failed bid for Banco Sabadell.- Ipsen shares drop as much as 3.8%, the worst performance in the Stoxx 600 Health Care Index on Friday morning, after the company said a mid-stage trial evaluating its experimental oral drug for an ultra-rare bone disease did not meet its primary endpoint.See omnystudio.com/listener for privacy information.

On This episode of Stock Movers:- Renault has regained its investment-grade status at S&P Global Ratings. UBS rates Arcadis and Rieter neutral. On Tradegate, Rolls-Royce and Ads-Tec Energy are among the most active industrials stocks before European markets open, gaining 1.2% and falling 8.2% respectively. - European sportswear stocks could be active on Friday after Nike warned sales will decline this quarter due to weakness in China and its Converse brand- WH Smith is under investigation by the UK’s Financial Conduct Authority over the accounting error in its North American business that triggered a stock slump and the resignation of its chief executive officer.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Micron (MU) kicked off its biggest single-day stock gain in more than eight months after delivering an upbeat forecast for the current quarter, signaling that surging demand and supply shortages are allowing the memory-chip maker to charge more for products.- Nike (NKE) posted more weakness in China and its Converse brand, sending shares down and offsetting higher-than-expected revenue in the latest quarter. Direct-to-consumer sales missed expectations, while Converse plunged 30% in the fiscal second quarter ended Nov. 30. Revenue rose 1% to $12.4 billion, above the average of analyst estimates.- FedEx Corp. (FDX) raised the low end of its full-year profit and sales outlook, signaling the company’s efforts to slash costs and streamline its delivery networks are bearing fruit as demand improvesSebastian EscobarSee omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Cannabis stocks like Tilray (TLRY) and Canopy (CGC) fell Thursday after President Donald Trump signed an executive order to reschedule marijuana as a lower-class drug. Trump's order reclassifies marijuana as a Schedule III drug from Schedule I, but doesn't permit legalized recreational sales. Other Schedule I substances include highly addictive drugs with no accepted medical use, such as heroin, while Schedule III substances are considered to have lower potential for abuse. - Birkenstock (BIRK) shares drop after the company predicted a slower pace of sales growth in the coming year as its sandals and clogs contend with the impact of a weaker US dollar and tariffs. - Shares of Lululemon (LULU) jumped after activist investor Elliott Investment Management has built a stake of more than $1 billion in Lululemon. Elliott has been working with retail executive Jane Nielsen, who is viewed as a potential CEO candidate, as the company searches for a replacement for current CEO Calvin McDonald.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Cannabis stocks like Tilray (TLRY) and Canopy (CGC) fell Thursday after President Donald Trump signed an executive order to reschedule marijuana as a lower-class drug. Trump's order reclassifies marijuana as a Schedule III drug from Schedule I, but doesn't permit legalized recreational sales. Other Schedule I substances include highly addictive drugs with no accepted medical use, such as heroin, while Schedule III substances are considered to have lower potential for abuse.- Shares of Micron Technology (MU) the largest US maker of computer memory chips, rose by the most in eight months after the company gave an upbeat forecast for the current quarter, signaling that surging demand and supply shortages are allowing the company to charge more for products.- Shares of Lululemon (LULU) jumped after activist investor Elliott Investment Management has built a stake of more than $1 billion in Lululemon. Elliott has been working with retail executive Jane Nielsen, who is viewed as a potential CEO candidate, as the company searches for a replacement for current CEO Calvin McDonald.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Accenture (ACN) shares fall after the IT services company gave an outlook that analysts said pointed to slower growth. It also reported first-quarter results that are seen as strong.- Birkenstock (BIRK) shares drop after the company predicted a slower pace of sales growth in the coming year as its sandals and clogs contend with the impact of a weaker US dollar and tariffs. - CarMax (KMX) shares rise after said it will tolerate lower margins and boost ad spending to repair its business and attract buyers after slumping sales wiped out half of the used car retailer’s market value this year.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Instacart (CART) is down after Reuters reported that the Federal Trade Commission has sent the grocery delivery company a civil investigative demand.- Lululemon (LULU) rises on reports that activist investor Elliott Investment Managementhas built a stake of more than $1 billion in the athletic apparel retailer.- Micron (MU) jumps after providing an upbeat forecast for the current quarter, citing surging demand and supply shortages that are allowing the company to charge more for products.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Shares of Trump Media & Technology Group Corp (DJT) soared ahead of the US market open after the company behind Truth Social announced that it agreed to merge with clean fusion energy company TAE Technologies in an all-stock transaction valued at more than $6 billion.- Shares of Micron Technology (MU) moved higher in premarket trading after the company gave an upbeat forecast for the current quarter, a sign that surging demand and supply shortages are allowing the company to charge more for products. Fiscal second-quarter revenue will be $18.3 billion to $19.1 billion, the company said in a statement Wednesday. Analysts had estimated $14.4 billion on average for the period. Excluding some items, profit will be $8.22 to $8.62 a share, compared with a projection of $4.71. Micron is the largest US maker of computer memory chips.- Shares of Lululemon Athletica (LULU) rallied after reports activist investor Elliott Investment Management has built a stake of more than $1 billion in the athleisure maker, according to people familiar. Elliott has been working for months with retail executive Jane Nielsen — a former chief financial officer and chief operating officer at Ralph Lauren — on Lululemon, said the person, who asked to remain unnamed as the matter is private.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Shares of Trump Media & Technology Group Corp (DJT) soared ahead of the US market open after the company behind Truth Social announced that it agreed to merge with clean fusion energy company TAE Technologies in an all-stock transaction valued at more than $6 billion. - Shares of Micron Technology (MU) rallied in premarket trading after the company gave an upbeat forecast for the current quarter, a sign that surging demand and supply shortages are allowing the company to charge more for products. Fiscal second-quarter revenue will be $18.3 billion to $19.1 billion, the company said in a statement Wednesday. Analysts had estimated $14.4 billion on average for the period. Excluding some items, profit will be $8.22 to $8.62 a share, compared with a projection of $4.71. Micron is the largest US maker of computer memory chips.- Accenture (ACN) reported adjusted earnings per share for the first quarter that beat the average analyst estimate.See omnystudio.com/listener for privacy information.

On This episode of Stock Movers:- BP Plc appointed Meg O’Neill as chief executive officer, replacing Murray Auchincloss after just two years in the job as the oil giant struggles to revive its fortunes following a botched pivot toward renewables.- Whitbread shares rally as much as 4.5%, Thursday’s biggest gainer in the FTSE 100. Corvex Management announced it has accumulated a 6.05% ownership stake in the hotel operator and is calling for a strategic review of the company.- Rheinmetall shares were little changed after the firm adjusted its full-year outlook, in a move Morgan Stanley says represents an increase to sales growth at the group level, but a reduction on a standalone defense basis.See omnystudio.com/listener for privacy information.

On This episode of Stock Movers:- BP Plc appointed Meg O’Neill as chief executive officer, replacing Murray Auchincloss after just two years in the job as the oil giant struggles to revive its fortunes following a botched pivot toward renewables.- Evolution drops as much as 3.1% following a double-downgrade to underweight from overweight at Barclays, which sees continued pressure on the Swedish gambling operator’s earnings.- Currys PLC on Thursday reported an acceleration in sales growth during the first half of its financial year and declared a dividend after passing on a payment last year.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- General Mills (GIS) shares rise 1.6% after the food company’s second-quarter results beat Street expectations. A highlight of the report was positive volume growth in the North America Retail segment. The company maintained its annual guidance ranges, despite the beat, given persistent consumer pressures. - Oracle (ORCL) shares are down 5.3% on Wednesday, after the Financial Times reported that Blue Owl Capital will not back a $10 billion deal for the software giant’s next data center. Subsequently, an Oracle spokesperson said that Blue Owl is out of the data center deal, but that it remains on schedule. - Canaccord downgraded Udemy (UDMY) to Hold from Buy with a $7 price target after the company announced a merger with CourseraSee omnystudio.com/listener for privacy information.

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 Carol Massar.On this episode of Stock Movers:- Micron (MU) the largest US maker of computer memory chips, gave an upbeat forecast for the current quarter, a sign that surging demand and supply shortages are allowing the company to charge more for products. Fiscal second-quarter revenue will be $18.3 billion to $19.1 billion, the company said in a statement Wednesday. Analysts had estimated $14.4 billion on average for the period. Excluding some items, profit will be $8.22 to $8.62 a share, compared with a projection of $4.71. Micron shares rose about 4% in late trading after the results were released. The stock was already up 168% this year, closing at $225.71 on Wednesday.- Medline (MDLN) shares surged 41% in their trading debut, after the medical supplier raised $6.26 billion in the year’s biggest initial public offering. The shares closed at $41 each on Wednesday in New York, versus the IPO price of $29. Medline, which counts Blackstone Inc., Carlyle Group Inc. and Hellman & Friedman among its backers, sold 216 million shares in an upsized offering that priced near the top of the marketed range. The trading gives the company a market value of about $55 billion, based on the shares listed in its regulatory filings.- Nvidia (NVDA) settled a lawsuit involving a former engineer who had inadvertently revealed autonomous driving trade secrets that he stole from a previous employer. The accord between the Silicon Valley artificial intelligence giant and a German unit of Paris-based Valeo SE was disclosed in a filing in federal court in San Jose, California. No details of the agreement were provided. A trial set for next month was canceled. Nvidia shares were lower in trading on Wednesday.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Oracle (ORCL) shares are down 5.3% on Wednesday, after the Financial Times reported that Blue Owl Capital will not back a $10 billion deal for the software giant’s next data center. Subsequently, an Oracle spokesperson said that Blue Owl is out of the data center deal, but that it remains on schedule. - Lennar (LEN) shares fall 3.8% in premarket trading after the homebuilder forecast 1Q orders, deliveries and margins all below expectations, signaling strains on the housing market despite a lower interest rate. The builder also posted lower-than-expected orders and margins for 4Q. Keep an eye on shares of peers including DR Horton, PulteGroup and Toll Brothers.- Medline (MDLN) shares surged 30% in their trading debut, after the medical supplier raised $6.26 billion in the year’s biggest initial public offering.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Lennar (LEN) shares fall. Builder Lennar Corp.’s forecast for quarterly home orders missed analysts’ estimates as affordability pressures and the weakening job market pushes buyers to the sidelines. The company projected 18,000 to 19,000 signed contracts for its fiscal first quarter, according to a statement Tuesday. Analysts expected 20,297, the average in a survey compiled by Bloomberg.- Frontier Group (ULCC) shares rise. Bankrupt Spirit Aviation Holdings Inc. is in revived discussions to merge with Frontier Group Holdings, people familiar with the matter said, in a deal that could rescue the deep-discount airline from insolvency at a time of stiff competition from larger US carriers.- Oracle (ORCL) shares fall after the company said final negotiations on an equity deal for a data center project in Michigan are “on schedule” and doesn’t include Blue Owl Capital, a firm that has helped finance massive data center projects for firms including Oracle and Meta Platforms Inc. in recent months.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- General Mills (GLS) shares rise after chief executive Jeff Harmening said consumers are buying food on sale due to economic pressures. The company has lowered prices across roughly two-thirds of its North American retail business to boost sales.- Oracle (ORCL) shares fall after the company said final negotiations on an equity deal for a data center project in Michigan are “on schedule” and doesn’t include Blue Owl Capital, a firm that has helped finance massive data center projects for firms including Oracle and Meta Platforms Inc. in recent months. - Nvidia (NVDA) shares drop after news that OpenAI is in initial discussions to raise at least $10 billion from Amazon.com Inc. and use its chips, a potential win for the online retailer’s effort to broaden its AI industry presence and compete with Nvidia.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Shares of Netflix (NFLX) moved higher in premarket trading as Warner Bros. Discovery plans to reject Paramount Skydance’s takeover bid due to concerns about financing and other terms, according to sources. After deliberating and reviewing Paramount’s bid, Warner Bros.’ board will urge shareholders to reject the tender offer, said the people, who asked not to be identified discussing confidential information. The board still views the company’s existing agreement with streaming leader Netflix as offering greater value, certainty and terms than what Paramount has proposed.- Shares of Frontier Group Holdings (ULCC) soared in the early session with bankrupt Spirit Aviation Holdings in revived discussions to merge with the parent of the eponymous airline in a deal that could rescue the deep-discount airline from insolvency at a time of stiff competition from larger US carriers, according to people familiar. A merger between the airlines would mark a significant step for Spirit, which filed its second bankruptcy in less than a year in August. A tie-up would also be an acknowledgment that the pioneering deep-discount carriers need greater heft to compete in the current industry environment.- Shares of Lennar (LEN) declined ahead of the US market open after the homebuilder forecast 1Q orders, deliveries and margins all below expectations, signaling strains on the housing market despite a lower interest rate. The builder also posted lower-than-expected orders and margins for 4Q.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Shares of Amazon (AMZN) rallied ahead of the US market open on reports that OpenAI is in initial discussions to raise at least $10 billion from Amazon and use its chips, a potential win for the online retailer’s effort to broaden its AI industry presence and compete with Nvidia Corp. The deal under discussion could value OpenAI north of $500 billion and see it adopt Amazon’s Trainium chip, a person with knowledge of the matter said, asking to remain anonymous to describe private negotiations. Talks, however, are at a preliminary stage and terms could change, the person added.- Shares of Netflix (NFLX) moved higher in premarket trading as Warner Bros. Discovery plans to reject Paramount Skydance’s takeover bid due to concerns about financing and other terms, according to sources. After deliberating and reviewing Paramount’s bid, Warner Bros.’ board will urge shareholders to reject the tender offer, said the people, who asked not to be identified discussing confidential information. The board still views the company’s existing agreement with streaming leader Netflix as offering greater value, certainty and terms than what Paramount has proposed.- Shares of Frontier Group Holdings (ULCC) soared in the early session with bankrupt Spirit Aviation Holdings in revived discussions to merge with the parent of the eponymous airline in a deal that could rescue the deep-discount airline from insolvency at a time of stiff competition from larger US carriers, according to people familiar. A merger between the airlines would mark a significant step for Spirit, which filed its second bankruptcy in less than a year in August. A tie-up would also be an acknowledgment that the pioneering deep-discount carriers need greater heft to compete in the current industry environment.See omnystudio.com/listener for privacy information.

On This episode of Stock Movers:- Diageo agreed to sell its majority stake in East African Breweries Ltd. to Japan’s Asahi Group Holdings Ltd. in a $2.3 billion deal as the struggling UK distiller seeks to spur growth by paring back non-core operations.- DBV Technologies shares soared after the company said its experimental skin patch helped young children with a peanut allergy in a crucial study. - HSBC shares advanced as much as 3% to a fresh record high as KBW upgraded the lender’s shares to outperform from market perform on the strength of its Hong Kong business.See omnystudio.com/listener for privacy information.

On This episode of Stock Movers:- DBV Technologies shares soared after the company said its experimental skin patch helped young children with a peanut allergy in a crucial study. - The Trump administration threatened retaliation against the European Union in response to efforts to tax American tech companies, singling out prominent companies, including Accenture Plc, Siemens AG and Spotify Technology SA, as possible targets for new restrictions or fees.- President Donald Trump ordered a blockade of sanctioned oil tankers going into and leaving Venezuela, ratcheting up pressure on Caracas as the US builds up its military presence in the region.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Warner Bros. Discovery (WBD)is planning to reject Paramount Skydance Corp.’s hostile takeover bid due to concerns about financing and other terms, people familiar with the matter said. After deliberating and reviewing Paramount’s bid, Warner Bros.’ board will urge shareholders to reject the tender offer, said the people, who asked not to be identified discussing confidential information. The board still views the company’s existing agreement with streaming leader Netflix Inc. as offering greater value, certainty and terms than what Paramount has proposed, they said. One major sticking point is Warner Bros.’ concern about the financing proposed by Paramount, which is led by David Ellison. News also broke that Jared Kushner’s Affinity Partners is exiting from the takeover battle for Warner Bros. Discovery Inc. Shares of all three companies involved bounced around in aftermarket trading.- Affirm (AFRM) shares gained as much as 12% after the lending company’s chief financial officer said at an industry event that quarter to date trends were healthy, according to Evercore ISI.- Estee Lauder (EL) gets a new street-high price target at Bank of America as the broker names the company its top pick in beauty for 2026. The bank raises its target to $130 from $120 and reiterates its buy recommendation, citing improving beauty demand in China and US, and margin rebuild. Shares of beauty brand rose during trading on Tuesday.See omnystudio.com/listener for privacy information.

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 Carol Massar.On this episode of Stock Movers:- PayPal Holdings (PYPL) shares are up after the fintech company applied to become a bank in the US. The move is logical, could unlock long-term monetization and should be approved given the favorable regulatory environment, according to some analysts. However, the timeline is uncertain and it could take some years, they said.- Pfizer (PFE) forecast little growth in sales for next year as the drugmaker looks to refresh its pipeline of hit drugs with a series of pricey acquisitions. Revenue next year will be $59.5 billion to $62.5 billion, roughly in line with Wall Street’s estimate, Pfizer said Tuesday in a statement. Sales this year are expected at $62 billion, within the range the company projected in early November.- Comcast (CMCSA) shares rise as much as 3.8%, to the highest intraday since Oct. 28, after David Faber comments on CNBC about interesting trading activity, particularly in the swaps market, and also in options.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Pfizer (PFE) tumbled after it forecast little to no sales growth next year, a warning sign as the drugmaker works rebuild its pipeline of hit drugs with a series of pricey acquisitions. Revenue in 2026 will be $59.5 billion to $62.5 billion, Pfizer said Tuesday in a statement. The midpoint of that range trails Wall Street’s $61.6 billion estimate and the $62 billion the company expects to report this year.- Xcel Energy (XEL) falls after Texas Attorney General Ken Paxton sued the company, accusing the utility company of “blatant negligence” over its role in the Smokehouse Creek wildfire that killed three people and caused more than $1 billion in damage last year.- Comcast (CMCSA) shares rise as much as 3.8%, to the highest intraday since Oct. 28, after David Faber comments on CNBC about interesting trading activity, particularly in the swaps market, and also in options.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Pfizer (PFE) shares fall after Pfizer forecasted little to no sales growth next year as the drugmaker undertakes an effort to refresh its pipeline of hit drugs with a series of pricey acquisitions.- Paypal (PYPL) shares gain after the company applied to become a bank in the US by submitting applications to the Federal Deposit Insurance Corp. and the Utah Department of Financial Institutions.- Stubhub (STUB) shares fall after the company received a downgrade at Citizens, which predicts that the ticketing platform will face more robust competition in 2026 and flagged headwinds from regulationSee omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Ford Motor (F) will take $19.5 billion in charges tied to a sweeping overhaul of its electric vehicle business after struggling for years to make it profitable.- PayPal Holdings (PYPL) shares are up after the fintech company applied to become a bank in the US. The move is logical, could unlock long-term monetization and should be approved given the favorable regulatory environment, according to some analysts. However, the timeline is uncertain and it could take some years, they said. - Pfizer (PFE) forecast little growth in sales for next year as the drugmaker looks to refresh its pipeline of hit drugs with a series of pricey acquisitions. Revenue next year will be $59.5 billion to $62.5 billion, roughly in line with Wall Street’s estimate, Pfizer said Tuesday in a statement. Sales this year are expected at $62 billion, within the range the company projected in early November.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Pfizer (PFE) forecast little growth in sales for next year as the drugmaker looks to refresh its pipeline of hit drugs with a series of pricey acquisitions. Revenue next year will be $59.5 billion to $62.5 billion, roughly in line with Wall Street’s estimate, Pfizer said Tuesday in a statement. Sales this year are expected at $62 billion, within the range the company projected in early November.- Ford Motor (F) will take $19.5 billion in charges tied to a sweeping overhaul of its electric vehicle business after struggling for years to make it profitable.- Roku (ROKU) is upgraded in two steps to overweight from underweight by Morgan Stanley in a review of the US advertising sector that also upgrades Outfront Media to overweight from equal-weight and resumes coverage of Omnicom Group with an equal-weight recommendation.See omnystudio.com/listener for privacy information.

On This episode of Stock Movers:- European defense stocks slide after President Donald Trump said a negotiated end to the war is “closer” than ever with US negotiators offering significant security guarantees to Kyiv.In Germany, Rheinmetall falls as much as 4.6%- UBS rises as much as 2.3% after BofA upgrades the Swiss lender to buy from neutral, saying it is set to grow EPS at the fastest sequential pace of any bank globally.- The European Union is set to propose softening emissions rules for new cars, scrapping an effective ban on combustion engines following months of pressure from the automotive industry.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- European defense stocks slide after President Donald Trump said a negotiated end to the war is “closer” than ever with US negotiators offering significant security guarantees to Kyiv.In Germany, Rheinmetall falls as much as 4.6% - The Magnum Ice Cream Company is moving to oust the chair of Ben & Jerry’s board, the Financial Times reported, citing people familiar with the matter. - IG Group shares jump as much as 5.4%, hitting an all-time high, after the trading platform said it will deliver its medium-term revenue growth targets ahead of schedule in 2026.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Ford (F) sees a slight boost to their stock price after announcing that they will be overhauling their EV division after losing around $5 billion in the division last year. - Zillow (Z) stock is down with Google testing their new real estate advertising format that could rival websites like Zillow. - Hershey (HSY) share price rose 3% with the chocolate category doing well overall despite the increase in GLP-1 users.See omnystudio.com/listener for privacy information.

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 Carol Massar. On this episode of Stock Movers: - Tesla (TSLA) shares rose around 3.5% increasing to $475 a share and coming close to being the first all-time high close for the stock this year. - ServiceNow (NOW) took the biggest hit in the S&P 500, falling 11% after reports that the company is in talks to purchase cybersecurity startup Armis in a deal valued around $7 billion. - Zillow (Z) and CoStar (CSGP) the company that owns the website Homes.com, both saw their stock price fall as Google starts to test its new real estate advertising format that could rival websites like Zillow and Homes.com.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - iRobot (IRBT) shares drop after the company filed for bankruptcy and considers handing over control to its main Chinese supplier. - Strategy Inc. (MSTR) stock falls after a near $1 billion purchase of Bitcoin as the cryptocurrency's price continues to drop. - Zillow (Z) price tumbles 11% as Alphabet's Google has begun testing a new advertising format for real estate listings that could threaten portals like Zillow.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- iRobot (IRBT) shares plunge after the company that revolutionized robot vacuum cleaners in the early 2000s with its Roomba model, filed for bankruptcy and proposed handing over control to its main Chinese supplier. - ServiceNow (NOW) shares are down after news that the company is near an agreement to buy cybersecurity startup Armis in a tie-up that could be valued at up to $7 billion, according to unidentified people familiar with the talks in a report by Bloomberg.- Costco (COST) shares slip after after Roth Capital Partners analyst William Kirk cut his recommendation on the club retailer to sell from neutral. Despite 1Q EPS beating estimates last week, Kirk sees several underlying metrics that are “concerning.” Renewal rates are fading. Paid members have slowed, possibly negative q/q (adjusted for openings.) Comparable-store traffic is decelerating on a year-over-year basis.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- ServiceNow (NOW) shares are down after news that the company is near an agreement to buy cybersecurity startup Armis in a tie-up that could be valued at up to $7 billion, according to unidentified people familiar with the talks in a report by Bloomberg.- Franklin Resources (BEN) shares rise after the firm said the US Department of Justice is preparing to resolve an investigation into its fixed-income unit, Western Asset Management Co., without criminal charges following the government’s allegations of securities fraud against its former star manager, Ken Leech.- iRobot (IRBT) shares plunge after the company that revolutionized robot vacuum cleaners in the early 2000s with its Roomba model, filed for bankruptcy and proposed handing over control to its main Chinese supplier.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Shares of Roomba maker iRobot Corp. (IRBT) plummeted ahead of the US market open after the company that revolutionized robot vacuum cleaners in the early 2000s with its Roomba model, filed for bankruptcy and proposed handing over control to its main Chinese supplier. The Massachusetts-based consumer robot maker, which is currently listed, will be taken over by China’s Shenzhen PICEA Robotics Co. and a subsidiary of the Chinese firm, according to a press release. The common stock of the company, founded in 1990 by engineers from the Massachusetts Institute of Technology, will be wiped out under the proposed Chapter 11 plan filed in Delaware on Sunday.- Nvidia (NVDA) is leading a premarket recovery across the magnificent seven cohort of big tech stocks, after the group suffered a two-day drop amid concern over elevated spending and delays for projects tied to AI. An equal-weight basket of Magnificent Seven tech stocks dropped 0.8% on Friday after Bloomberg reported that Oracle pushed back the completion dates for some of the data centers it’s developing for OpenAI to 2028 from 2027.- Shares of Intel (INTC) pushed higher in the early trading session after reports on Friday that the company is in advanced talks to acquire artificial intelligence chip startup SambaNova Systems Inc. for about $1.6 billion including debt. Sources tell Bloomberg a deal for Palo Alto, California-based SambaNova could come together as soon as next month. Founded in 2017 by Stanford University professors, one of whom had won a MacArthur Genius Award, SambaNova designs custom AI chips, aiming to rival those offered by Nvidia Corp.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Nvidia (NVDA) is leading a premarket recovery across the magnificent seven cohort of big tech stocks, after the group suffered a two-day drop amid concern over elevated spending and delays for projects tied to AI. An equal-weight basket of Magnificent Seven tech stocks dropped 0.8% on Friday after Bloomberg reported that Oracle pushed back the completion dates for some of the data centers it’s developing for OpenAI to 2028 from 2027.- Shares of Intel (INTC) pushed higher in the early trading session after reports on Friday that the company is in advanced talks to acquire artificial intelligence chip startup SambaNova Systems Inc. for about $1.6 billion including debt. Sources tell Bloomberg a deal for Palo Alto, California-based SambaNova could come together as soon as next month. Founded in 2017 by Stanford University professors, one of whom had won a MacArthur Genius Award, SambaNova designs custom AI chips, aiming to rival those offered by Nvidia Corp.- Shares of Texas Instruments (TXN) dropped ahead of the US market open after Goldman Sachs analyst James Schneider cut the recommendation on Texas Instruments to sell from buy. The downgrade highlights tech sector struggles beyond the artificial intelligence trade, with TI a major player in analog chip technology.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Juventus Football Club SpA shares rose the most this year after the Agnellis family’s investment vehicle Exor NV rejected an unsolicited bid by Tether Holdings to acquire the Italian football club.- Sanofi’s experimental multiple sclerosis drug got hit with two setbacks on Monday: a regulatory delay in the US as well as a failure in a late-stage clinical trial. - TT Electronics plunges as much as 22%, the most since April, after DBAY Advisors said it does not plan to make a takeover offer for the London-listed maker of engineered electronics.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Shares in Europe’s defense companies including Rheinmetall are falling Monday amid ongoing Ukraine peace talk meetings and after President Volodymyr Zelenskiy said he could accept security guarantees from the US and Europe instead of NATO membership.- Stellantis is among some of Europe’s embattled automakers set to get a breather as they struggle with the transition to emission-free driving, a critical moment that will shape the future of the continent’s transport sector. - Argenx shares fell as much as 9.7%, the most in more than seven months, after the biotechnology company said its late-stage studies evaluating efgartigimod in adults with moderate to severe thyroid eye disease will be discontinued.See omnystudio.com/listener for privacy information.