Stock Movers

Earnings are still in focus with JPMorgan Chase, Wells Fargo, and Citigroup all reporting in the coming days.Bloomberg's Nathan Hager previews the numbers with Herman Chan, Senior Analyst, US Banks for Bloomberg Intelligence.See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market. On this episode of Stock Movers, we take a look at some of the biggest gainers and decliners of the week:  - Palantir (PLTR) saw its shares sink this week amid a broader selloff in software related stocks. On Thursday, the iShares Expanded Tech-Software Sector ETF, ticker IGV, fell 3.9%, closing at its lowest level since November 2023. It has dropped more than 27% this year. An index of software-as-a-service stocks shed 4.8%, bringing its week-to-date decline to 9% and its 2026 drop to almost 40%. The year’s selloff stems from investor concern that AI offerings will sap demand for services from legacy providers, weighing on their growth and pricing power going forward. The proliferation of so-called AI agents, designed to complete multi-step processes without human interference, has been viewed as a particular challenge for software-as-a-service stocks. Michael Burry, made famous by 'The Big Short' has argued that Anthropic is winning the race for enterprise AI spending, which also led to Palantir shares taking a hit. - Intel (INTC) shares rallied over the week. On Thursday, the company said that Alphabet's Google committed to using future generations of its Xeon processors and other chips. Intel shares rallied nearly 20% over the week. The shares have also benefited from an announcement that the chipmaker will help Elon Musk’s long-shot effort to develop semiconductors for Tesla Inc., SpaceX and xAI. - UnitedHealth (UNH) shares ticked higher over the week, signaling a potential comeback for the company. Most of the nearly 10% rally took place Tuesday, following a 2.48% increase to payments for Medicare Advantage in 2027, instead of an initial US government proposal that rates be left little changed. The final payment policy from the Centers for Medicare and Medicaid Services was mostly seen as a reprieve for profit-squeezed health insurers. Medicare Advantage has powered insurers’ growth for more than a decade, but the business has become less profitable in recent years as medical costs rise and government funding dwindles. It was a shot in the arm for battered UnitedHealth, the nation’s biggest provider of private Medicare plans. The firm recently forecast a decline in 2026 revenue — its first annual contraction in more than three decades — and said it expects shrinking enrollment across all its major segments, including commercial health plans, Medicare and Medicaid.See omnystudio.com/listener for privacy information.

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 Greifeld, Carol Massar and Tim Stenovec. - CoreWeave (CRWV) shares rallied on word that Anthropic agreed to tap data center capacity from it as part of efforts to handle increasing demand for its artificial intelligence services. The multiyear deal will help Anthropic build and deploy its Claude AI models, CoreWeave said Friday in a statement. The capacity will include a variety of Nvidia Corp. chip architectures at data centers in the US, CoreWeave Chief Executive Officer Michael Intrator said.It’s a “multibillion-dollar contract,” Intrator said Friday in an interview on Bloomberg Television. The companies declined to disclose precise financial terms of the agreement. - Fair Isaac (FICO), better known as FICO saw shares tumble during Friday trading, hitting its lowest levels since November 2023. Analysts point to a recent podcast appearance by Mortgage Bankers Association CEO Bob Broeksmit as a possible reason why. Broeksmit discussed measures to help home-purchase affordability, including increasing credit-score bureau competition and called for modernized credit reporting and allowing market forces to prevail.  - ServiceNow (NOW) shares dropped, extending a recent selloff following a downgrade from UBS to neutral from buy. Shares of software companies have slumped lately amid concerns about disruption from artificial intelligence serviceSee omnystudio.com/listener for privacy information.