Stock Movers

On this edition of Stock Movers: - Oracle (ORCL) shares climbed today on news that negotiations over the future of TikTok are progressing, relieving some uncertainty around one of the software company’s key customers. TikTok has been in limbo since the US decided to ban the app unless its Chinese owner divested it. President Donald Trump is scheduled to speak with Chinese President Xi Jinping on Friday after leaders from the two countries said a framework to keep the US app running was reached. Also, the Wall Street Journal reports that TikTok’s U.S. business would be controlled by an investor consortium including Oracle, Silver Lake and Andreessen Horowitz under a framework the U.S. and China are finalizing. - United Airlines (UAL) shares are down at the moment. However, Chief Executive Scott Kirby says improving travel demand going into the fall indicates the economy is stronger than statistics show. Airline demand is a “good, real time indicator” of what’s going on in the country, Kirby said at an event Tuesday near Newark airport.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Oracle said it will keep TikTok cloud deal under a new agreement that could close within the next 30 to 45 days. Treasury Secretary Scott Bessent said earlier on CNBC that he anticipates that President Trump and Chinese President Xi will agree on a final TikTok deal during their phone call on Friday. Bloomberg Intelligence: Oracle will likely restrict its role to providing cloud services and ensuring that no TikTok data flows back to China under any potential US-China agreement tied to a deal. We see a low likelihood of an equity investment in this potential involvement, given Oracle's substantial capital commitments to expand its cloud services to meet high AI cloud infrastructure demand. Oracle's potential participation in a deal was first reported by CBS.  Hershey (HSY) has double upgraded to Buy at Goldman Sachs. It's now rated a buy, and price target at $222, implies a 20% increase from Monday’s close. Goldman: Market-share trends are improving, and there are incremental tailwinds ahead; has historically had strong pricing power linked to its iconic portfolio, and recent announcements on pricing are expected to drive outsized growth in FY26; Cost pressures from tariffs and price of cocoa are well understood and now reflected in expectations, which leaves a more compelling risk profile  Warner Bros Discovery (-6%)TD Cowen downgraded the stock to hold from buy. Analyst says the stock has surged “well beyond our $14 price target following last week’s unsubstantiated report that Paramount Skydance may be considering a bid for the company”. Senator Elizabeth Warren weighs in on X, saying any proposed deal should be blocked -- "This deal would be a dangerous concentration of power over our media and news."See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- President Donald Trump filed a $15 billion defamation lawsuit against The New York Times (NYT) accusing the paper of serving as a “mouthpiece” for the Democrats. The New York Times said in a statement that the lawsuit “has no merit” and “is an attempt to stifle and discourage independent reporting”. The lawsuit cites the Times’ news and opinion articles, as well as a book written by two of the paper’s reporters, as part of a “decades-long pattern” of intentional and malicious defamation against President Trump.- Oracle (ORCL) shares extended their climb in premarket trading to as much as 5.7% after CBS News reported that the software giant is among a consortium of firms that would enable TikTok to continue operations in the US if a framework deal is finalized. Structure of the final deal is unclear but will include multiple companies, CBS News reports, citing unidentified people with knowledge of the negotiations.-Shares of Webtoon Entertainment Inc (WBTN) rose sharply in pre-market trading after announcing a partnership with The Walt Disney company to build a digital comics platform that will bring together decades of Marvel, Star Wars, Pixar and Disney titles.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Tesla (TSLA) is higher and pairing early gains after US auto safety regulators opened an investigation into Tesla Inc. doors, citing incidents in which exterior door handles stopped working and trapped children inside. The National Highway Traffic Safety Administration's investigation is focused on the operability of the electronic door locks from outside of the vehicle as that circumstance is the only one in which there is no manual way to open the door.- Oracle (ORCL) is higher on a CBS report that the company could provide AI infrastructure ands support on a US-TikTok deal. US and Chinese representatives discussed TikTok, trade and the economy during high-level talks. The talks included national security issues and the status of ByteDance Ltd.'s TikTok, which faces a deadline to reach a deal to continue operations in the US.- Dave & Buster's Entertainment (PLAY) is in decline after the restaurant operator reported adjusted earnings per share and revenue for the second quarter that came in well below the average analyst estimate. Analysts cut their estimates and price targets on the stock.- Webtoon Entertainment (WBTN) jumped after news Walt Disney is bringing its marquee comics to a new digital platform and app in partnership with Webtoon. Disney announced it plans to acquire a 2% equity interest in Webtoon as part of a deepening partnership between the two companies to build the new service.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Oracle (ORCL) is higher on a CBS report that the company could provide AI infrastructure ands support on a US-TikTok deal. US and Chinese representatives discussed TikTok, trade and the economy during high-level talks. The talks included national security issues and the status of ByteDance Ltd.'s TikTok, which faces a deadline to reach a deal to continue operations in the US.- Hershey Co. (HSY) is rising this morning after a Goldman Sachs wrote in a note Hershey’s market-share trends are improving, and there are incremental tailwinds ahead for the chocolate and confectionery company. Analyst Leah Jordan says Hershey has historically had strong pricing power linked to its iconic portfolio, and recent announcements on pricing are expected to drive outsized growth in FY26.- Dave & Buster's Entertainment (PLAY) is in decline after the restaurant operator reported adjusted earnings per share and revenue for the second quarter that came in well below the average analyst estimate. Analysts cut their estimates and price targets on the stock.- Webtoon Entertainment (WBTN) jumped after news Walt Disney is bringing its marquee comics to a new digital platform and app in partnership with Webtoon. Disney announced it plans to acquire a 2% equity interest in Webtoon as part of a deepening partnership between the two companies to build the new service.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Trustpilot reported revenue for the first half-year that beat the average analyst estimate.- Analysts including Harry Gowers cut EasyJet to neutral, establish a Street-low price target and place the carrier on a negative catalyst watch into its FY results on November 25th - Jefferies downgrades L’Oreal to underperform and Beiersdorf to hold, saying that perceptions of medium-term growth rates are likely to fade over coming quarters.See omnystudio.com/listener for privacy information.

On this edition of Stock Movers:- Corteva (CTVA) shares fell today as Wall Street analysts find a potential breakup of the company’s seed and pesticide businesses negative for the firm. Bloomberg Intelligence says a breakup undermines “product and financial logic” while Bank of America says a separation would create two weaker entities.- CoreWeave shares jumped after the company said its shareholder Nvidia Corp. has agreed to buy cloud services valued at $6.3 billion, part of that company’s push to speed up the adoption of artificial intelligence across the economy. The deal, first announced in April 2023, runs through 2032 and requires Nvidia to buy any excess capacity not used by its customers, CoreWeave said in a regulatory filing on Monday. Nvidia said the agreement guarantees AI computing capacity will be in place when needed. “Industrywide demand for AI infrastructure continues to grow, yet building large-scale data-center capacity typically requires long lead times and four- to six-year customer commitments,” Nvidia said in an emailed statement. “To support startups and small to midsized companies, Nvidia and CoreWeave are proactively building data center infrastructure and provisioning data-center capacity to meet evolving capital needs.”- Google parent Alphabet (GOOGL) shares gained today after the search giant joined an elite group of companies valued at more than $3 trillion, the latest sign of improving investor sentiment toward the Google parent. Shares rose 4.5% to $251.61, resulting in a market capitalization of $3.04 trillion. The stock has soared more than 70% from its April low, adding roughly $1.2 trillion in value over that span. Alphabet joins a short list of companies valued at more than $3 trillion, with Nvidia Corp., Microsoft Corp. and Apple Inc. the only other publicly traded stocks above that level.- Tesla (TSLA) shares rallied today after Elon Musk responded to an unprecedented pay proposal from Tesla Inc.’s board by buying about $1 billion worth of shares, sending the carmaker’s stock soaring into positive territory for the year.The billionaire bought the shares indirectly through a revocable trust on Sept. 12, according to a regulatory filing released Monday. The purchase coincided with Tesla Chair Robyn Denholm speaking with reporters about the merits of awarding Musk around $1 trillion worth of stock if the company achieves a series of ambitious market value and performance milestones.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 Greifeld, Carol Massar and Tim Stenovec.- Tesla (TSLA) shares soared after Elon Musk responded to an unprecedented pay proposal from Tesla Inc.’s board by buying about $1 billion worth of shares. The billionaire bought the shares indirectly through a revocable trust on Sept. 12, according to a regulatory filing released Monday. The purchase coincided with Tesla Chair Robyn Denholm speaking with reporters about the merits of awarding Musk around $1 trillion worth of stock if the company achieves a series of ambitious market value and performance milestones.- Shares of Google parent Alphabet (GOOGL) popped today after the search giant on Monday joined an elite group of companies valued at more than $3 trillion, the latest sign of improving investor sentiment toward the Google parent. Shares rose as much as 4.8% to $252.41, resulting in a market capitalization of just over $3 trillion. The stock has soared more than 70% from its April low, adding roughly $1.2 trillion in value over that span. Alphabet joins a short list of companies valued at more than $3 trillion, with Nvidia Corp., Microsoft Corp. and Apple Inc. the only other publicly traded stocks above that level.- Corteva (CTVA) shares fell today as Wall Street analysts find a potential breakup of the company’s seed and pesticide businesses negative for the firm. Bloomberg Intelligence says a breakup undermines “product and financial logic” while Bank of America says a separation would create two weaker entities.See omnystudio.com/listener for privacy information.

On this edition of Stock Movers:- Google parent Alphabet (GOOGL) shares popped today after the search giant on Monday joined an elite group of companies valued at more than $3 trillion, the latest sign of improving investor sentiment toward the Google parent. Shares rose as much as 4.8% to $252.41, resulting in a market capitalization of just over $3 trillion. The stock has soared more than 70% from its April low, adding roughly $1.2 trillion in value over that span. Alphabet joins a short list of companies valued at more than $3 trillion, with Nvidia Corp., Microsoft Corp. and Apple Inc. the only other publicly traded stocks above that level.- Global X Uranium ETF (URA) rallied today after the Trump administration’s top energy official said the US should look to boost its strategic uranium reserve to buffer against Russian supplies and increase confidence in the long-term prospects of nuclear power generation. US Energy Secretary Chris Wright comments underscore the Trump administration’s plans to promote nuclear energy as the demand for power soars with the electrification of the economy. Russia supplies about a quarter of the enriched uranium needed by America’s fleet 94 nuclear reactors, which generate about a fifth of US electricity. Turning the tap off too quickly from that source could endanger about 5% of electricity in the absence of alternative suppliers or additional stockpiles. “We’re moving to a place — and we’re not there yet — to no longer use Russian enriched uranium,” Wright said Monday in Vienna, where he’s attending the IAEA’s annual general conference.- CoreWeave (CRWV) shares jumped today after the company said its shareholder Nvidia Corp. has agreed to buy cloud services valued at $6.3 billion, part of that company’s push to speed up the adoption of artificial intelligence across the economy. The deal, first announced in April 2023, runs through 2032 and requires Nvidia to buy any excess capacity not used by its customers, CoreWeave said in a regulatory filing on Monday. Nvidia said the agreement guarantees AI computing capacity will be in place when needed. “Industrywide demand for AI infrastructure continues to grow, yet building large-scale data-center capacity typically requires long lead times and four- to six-year customer commitments,” Nvidia said in an emailed statement. “To support startups and small to midsized companies, Nvidia and CoreWeave are proactively building data center infrastructure and provisioning data-center capacity to meet evolving capital needs.”See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:Seagate (STX; +7%) -- computer hardware company Trading volume rises to more than quadruple its 20-day average, according to Bloomberg data Price target increased to $215 from $170 at Bank of America End-August: Bloomberg Intelligence sees 16% sales growth for fiscal 2026, citing favorable cloud dynamics due to new data-center deployments, as well as AI catalysts Western Digital (WDC; +5%) -- digital content collection and storage Up 10 days, longest winning streak since July 2019 trading volume doubles fromt he 20-day average for this time of day Price target raised to $115 from $85 at Benchmark Last week: Bloomberg Intelligence sees 17% sales growth in fiscal 2026, and margin expansion may spur EPS about 2% above consensus; long-term pacts give the company at least a year of sales visibility Corteva (CTVA; -4%) -- $50 billion agribusiness giant formed after the 2017 merger of Dow Chemical and DuPont;  among the world’s largest suppliers of genetically modified corn and soybean seeds, as well as pesticides The Wall Street Journal reported on Friday that it's considering separating its seed and pesticide businesses Bloomberg Intelligence: a split “would undermine product and financial logic” because that would take it further away from the "farming-as-a-service" model that a lot of its competitors are espousing See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Nvidia (NVDA) shares are lower after China ruled the company violated anti-monopoly laws with its 2020 deal to acquire Mellanox Technologies. The State Administration for Market Regulation found Nvidia in violation of antitrust regulations after concluding a preliminary investigation.- Tesla (TSLA) shares are higher after CEO Elon Musk purchased about $1 billion worth of the carmaker’s shares, according to a regulatory filing. The billionaire bought the stock indirectly through a trust on Sept. 12, the filing shows. The purchases coincided with Tesla Chair Robyn Denholm speaking with Bloomberg News about the merits of a pay package for Musk that could be worth upwards of $1 trillion if the company achieves a series of ambitious milestones linked to market value and performance.- Intel (INTC) lowered its 2025 expense target following the closing of its $3.3b equity value sale of its Altera stake to Silver Lake.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Nvidia (NVDA) shares are lower after China ruled the company violated anti-monopoly laws with its 2020 deal to acquire Mellanox Technologies. The State Administration for Market Regulation found Nvidia in violation of antitrust regulations after concluding a preliminary investigation.- Tesla (TSLA) shares are higher after CEO Elon Musk purchased about $1 billion worth of the carmaker’s shares, according to a regulatory filing. The billionaire bought the stock indirectly through a trust on Sept. 12, the filing shows. The purchases coincided with Tesla Chair Robyn Denholm speaking with Bloomberg News about the merits of a pay package for Musk that could be worth upwards of $1 trillion if the company achieves a series of ambitious milestones linked to market value and performance.- Hims & Hers Health (HIMS) shares are falling after FDA Commissioner Marty Makary said a widely watched TV commercial by the telehealth firm earlier this year breached the agency’s regulations. Makary in a JAMA Network Open article cited Hims’ Super Bowl ad that promotes its copycat obesity drug as an example of the industry’s misleading ads- Corteva (CTVA) is higher after WSJ reported it is considering a breakup. A potential breakup of Corteva’s seed and pesticide businesses into separate companies is “puzzling” to some Wall Street analysts who see little upside to the stock’s valuation. KeyBanc Capital Markets views the news as negative while Bloomberg Intelligence says it undermines “product and financial logic.”See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Nvidia (NVDA) shares are lower after China ruled the company violated anti-monopoly laws with its 2020 deal to acquire Mellanox Technologies. The State Administration for Market Regulation found Nvidia in violation of antitrust regulations after concluding a preliminary investigation.- Tesla (TSLA) shares are higher after CEO Elon Musk purchased about $1 billion worth of the carmaker’s shares, according to a regulatory filing. The billionaire bought the stock indirectly through a trust on Sept. 12, the filing shows. The purchases coincided with Tesla Chair Robyn Denholm speaking with Bloomberg News about the merits of a pay package for Musk that could be worth upwards of $1 trillion if the company achieves a series of ambitious milestones linked to market value and performance.- Texas Instruments (TI) declined along with Analog Devices (ADI) after China launched an anti-dumping investigation for specific analog chips made in the US, which both companies produce. The Ministry of Commerce opened an anti-dumping probe relating to certain American-made analog IC chips and an anti-discrimination investigation into US moves against the Chinese chip sector.- Hims & Hers Health (HIMS) shares are falling after FDA Commissioner Marty Makary said a widely watched TV commercial by the telehealth firm earlier this year breached the agency’s regulations. Makary in a JAMA Network Open article cited Hims’ Super Bowl ad that promotes its copycat obesity drug as an example of the industry’s misleading ads- Warner Bros (WBD) is lower after its 50% rally amid questions about incoming regulatory hurdles. Reports of a potential acquisition by Paramount could be beneficial for Warner Bros. due to synergies between the companies and Paramount's strong financial position, according to Bloomberg Intelligence analyst Stephen Flynn.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Sainsbury's terminated talks to sell its general merchandise unit Argos to JD.com Inc. and blamed the Chinese e-commerce firm for trying to “materially revise” the terms of the deal. - Orsted plans to sell new shares at 67% below Friday’s close as the offshore wind developer works to rebuild investor confidence after a bet on the US market went wrong. - Saab falls as much as 4.5% after the Times of India newspaper reported the Indian Air Force has proposed buying 114 “Made in India” Rafale fighter jets in a collaboration with Dassault Aviation. Saab has no information that India has rejected its Gripen fighter jets, the company tells Swedish paper Dagens Industri.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Oracle (ORCL) shares gained the most since 1992 after the company gave an aggressive outlook for its cloud business, cementing the software maker’s place in the race to support demand for artificial intelligence computing. - Klarna (KLAR) and some of its shareholders raised $1.37 billion in an initial public offering priced above a marketed range, kicking off what is likely to be one of the best weeks of the year for US listings. - Synopsys (SNPS) shares suffered their worst single-day decline on record after the chip-design software maker warned that US export restrictions are contributing to a slowdown in China, the largest market for semiconductors.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 Greifeld, Carol Massar and Tim Stenovec. Tesla (TSLA) shares rallied today on word that its chair insists no one other than Elon Musk is capable of leading the company’s transition into artificial intelligence and robotics — but it’s possible he won’t do it from the CEO’s seat. “He is a generational leader,” Robyn Denholm said Friday on Bloomberg TV. “There aren’t any other people out there like Elon who can actually lead the company over the next decade or so.” The longtime board member offered the emphatic endorsement of Musk as part of a wide-ranging interview spelling out Tesla’s succession-planning process and detailing a massive proposed compensation package for the chief executive officer. Denholm also acknowledged the possibility of Musk moving into another leadership post such as chief product officer, saying that is “contemplated” in the pay plan. Gemini (GEMI) shares ended 14% above their IPO price, after the cryptocurrency exchange led by the billionaire Winklevoss twins raised $425 million in a packed week for US listings. Shares of the New York-based exchange and custodian closed at $32 each on Friday, above the $28 per share IPO price, after a volatile session that saw the stock halted twice. The company had previously told investors it expected to cap the base size of its IPO at $425 million and to potentially sell fewer shares than it first proposed, Bloomberg News reported earlier. The trading gives Gemini a market value of more than $3.5 billion based on the outstanding shares listed in its filings with the US Securities and Exchange Commission. It raised funds in 2021 at a $7.1 billion valuation. Drugmakers like Moderna (MRNA) fell across the board after a report that Trump health officials plan to link Covid shots to the deaths of around two dozen children in a presentation to advisers to the Centers for Disease Control and Prevention next week. The Washington Post reported Friday that a group of health officials appear to have used the Vaccine Adverse Event Reporting System, or VAERS, to tie the deaths of 25 children to Covid vaccines. A high-profile advisory committee that Kennedy revamped to include vaccine critics is scheduled to discuss the shots from companies including Pfizer Inc., Moderna Inc. and BioNTech SE at its meeting next week. Moderna shares dropped 7.4% in New York Friday. Pfizer shares fell 4%, while BioNTech’s US-traded shares sank 7.3%. See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Amazon (AMZN) is down, while Google is up (GOOGL) as the US Federal Trade Commission is investigating whether Amazon and Google misled advertisers about the terms and pricing for ads on their websites. The FTC is seeking details about Amazon's auctions and whether it disclosed "reserve pricing" for some search ads, and is examining Google's internal pricing process. The investigations are ongoing and are part of continued regulatory scrutiny of Google and Amazon, with the FTC's consumer protection unit conducting the probes. - Gemini Space Station (GEMI) shares jumped as much as 64% from their IPO price. The company raised $425 million in its IPO. The company has a market value of more than $3.5 billion based on the outstanding shares listed in its filings with the US Securities and Exchange Commission. Gemini offers a crypto exchange, a US dollar-backed stablecoin, crypto staking, digital asset custody and a credit card that offers rewards in crypto, with more than $21 billion of assets on the platform. - Warner Bros. Discovery (WBD) shares climb after Paramount Skydance, the Hollywood studio taken over by independent filmmaker David Ellison, was said to be preparing a bid for the company.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Super Micro Computer (SMCI) shares rose after the server company announced the availability of its Nvidia Blackwell Ultra solutions.-Tesla (TSLA) shares are up. Tesla is attempting to pivot from electric vehicles toward humanoid robots, amid investor skepticism about stagnating sales- Six Flags (FUN) shares jump after the theme-park operator reiterated its full-year adjusted Ebitda guidance and noted strong early pass sales for 2026.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Warner Bros. Discovery (WBD) shares climb after Paramount Skydance, the Hollywood studio taken over by independent filmmaker David Ellison, was said to be preparing a bid for the company. Meanwhile, shares in Paramount rise 2%. - Adobe (ADBE) shares rise after the maker of software for creative professionals reported third-quarter results that beat expectations and raised its full-year forecast on key metrics. Analysts cited annual recurring revenue (ARR) as a highlight, and the report was seen as easing concerns about competition from AI.- RH (RH) shares slide after the upscale furniture retailer cut its revenue forecast for the full year amid mounting impacts from new US tariffs and the delay of its seasonal catalog. Chief Executive Officer Gary Friedman told analysts that the industry needs to offer discounts to stay afloat due to the weak housing market.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- OpenAI said it’s closer to converting into a more traditional for-profit company — nearing the resolution of painful negotiations with top shareholder Microsoft (MSFT) and outlining terms of at least $100 billion in equity for its nonprofit arm.- Adobe (ADBE) shares rise after the maker of software for creative professionals reported third-quarter results that beat expectations and raised its full-year forecast on key metrics. Analysts cited annual recurring revenue (ARR) as a highlight, and the report was seen as easing concerns about competition from AI.- Luxury furniture company RH (RH) slumped in late trading after cutting its sales outlook for the full year, citing mounting impacts from new US tariffs that resulted in delays to a seasonal catalog.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Ocado shares tumbled by the most since February after a major US partner questioned the future of its warehouse networking, raising concerns that it could close existing sites as it looks to cut costs. - Fresnillo and other European miners are outperforming on Friday thanks to a broad rise in metal prices, with gold, copper, aluminum and nickel all gaining ground. - Novartis shares drop as much as 2.9% after the stock was downgraded to sell from neutral at Goldman Sachs. The analysts say the Swiss drugmaker’s valuation looks “stretched”.See omnystudio.com/listener for privacy information.

On this edition of Stock Movers:- Duolingo (DUOL) shares were up and down today after reports that Apple's new AirPods will be able to translate conversations in real time. - Netflix (NFLX) shares dropped. The stock reacted to the announcement that Paramount Skydance is preparing a cash offer to acquire rival Warner Brothers Discovery.- Shares of Adobe (ADBE) rose today after the company gave a strong quarterly revenue outlook, suggesting that the software maker is seeing a payoff from its investment in AI features. Sales will be about $6.08 billion to $6.13 billion in the period ending in November, the company said Thursday in a statement. Analysts, on average, estimated a number at the bottom of that range. Profit, excluding some items, will be $5.35 to $5.40 a share, excluding some items, compared with the average projection of $5.33. Adobe has worked to weave artificial intelligence features, often based on its own generative models, into its industry-standard products like Photoshop.- Figure Technology Solutions (FIGR) shares closed 24% above their IPO price after a listing raising $787.5 million, as the blockchain-based credit company joined a cohort of crypto firms in embracing public markets. Figure’s shares closed at $31.11 each in New York on Thursday, above the IPO price of $25 apiece. The trading gives the company a market value of around $6.6 billion, based on the outstanding shares. A 2021 venture-backed funding round valued the company at $3.2 billion. The company went public in what’s set to be the US market’s busiest week of the year in terms of IPO volume, according to data compiled by Bloomberg. The forthcoming deals include Cameron and Tyler Winklevoss’ crypto exchange Gemini Space Station Inc., which prices Thursday. “Blockchain is a democratization of financial services,” Mike Cagney, Figure’s co-founder, said in a Bloomberg Television interview Thursday. As for the importance of individual investors in the offering, Cagney said the firm “gave retail one of the largest allocations anyone has ever done.”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 Greifeld, Carol Massar and Tim Stenovec.- Micron (MU) shares rose the most in four months after analysts touted the chipmaker’s growth potential in the data center market, where artificial intelligence services have stoked demand. Micron, the largest US maker of memory chips, is benefiting from higher-than-anticipated demand that is outstripping production, Danely said. That’s particularly true in the data center area, which accounts for more than half of Micron’s revenue, he said. - Opendoor (OPEN) shares surged 80% Thursday after announcing the return of its co-founders to the board and a new chief executive officer. The advance marks the biggest one-day gain for the home-flipper turned meme stock on record — continuing its blistering 1,250% run up since mid-July — after the real estate company said co-founders Keith Rabois and Eric Wu will rejoin the board and named Shopify Inc.’s Kaz Nejatian CEO. “It’s everything I could’ve asked for and more. It’s a dream team,” said Toronto-based hedge fund manager Eric Jackson of EMJ Capital Ltd., who had bought Opendoor shares at around 70 cents, in an interview. The stock closed at $10.52 on Thursday. - Adobe (ADBE) gave a strong quarterly revenue outlook, suggesting that the software maker is seeing a payoff from its investment in AI features.Sales will be about $6.08 billion to $6.13 billion in the period running through November, the company said Thursday in a statement. Analysts, on average, estimated a number at the bottom of that range. Profit, excluding some items, will be $5.35 to $5.40 a share, excluding some items, compared with the average projection of $5.33. The San Jose, California-based company also boosted its annual forecast.  Adobe has worked to weave artificial intelligence features, often based on its own generative models, into the company’s industry-standard products like Photoshop. That’s now helping spur growth. Shares initially rose in postmarket trading.See omnystudio.com/listener for privacy information.

On this edition of Stock Movers:- Figure Technology (FIGR) shares opened 44% above their IPO price after a listing raising $787.5 million. The blockchain-based credit company joins a cohort of crypto firms in embracing public markets. Figure’s shares opened at $36 each in New York, above its IPO price of $25 apiece. The opening price gives the company a market value of around $7.6 billion, based on the outstanding shares. A 2021 venture-backed funding round valued the company at $3.2 billion. The company is going public in what’s set to be the US market’s busiest week of the year in terms of IPO volume, according to data compiled by Bloomberg. The forthcoming deals include Cameron and Tyler Winklevoss’ crypto exchange Gemini Space Station Inc., which prices Thursday. “Blockchain is a democratization of financial services,” Mike Cagney, Figure’s co-founder, said in a Bloomberg Television interview Thursday. As for the importance of individual investors in the offering, Cagney said the firm “gave retail one of the largest allocations anyone has ever done.”- Shares of Centene (CNC) surged today after the insurer said gave upbeat views of its Medicare quality ratings and costs in its Medicaid business, positive signs for the company’s turnaround. The preliminary look at the Medicare quality scores, known as star ratings, was in-line with the company’s expectations, with a slightly higher percentage of members in four-star plans that pay bonuses, Chief Executive Officer Sarah London said Thursday at a Deutsche Bank conference. Centene also said its Medicaid business was seeing cost improvements in the second half, according to a research note from Barclays analysts who called the update “better than feared.”- Oracle (ORCL) shares dipped today. The database-software company rallied 36% yesterday to hit a record high after they reported stellar cloud demand numbers.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Oracle (ORCL) shares drop after a historic day. Oracle's stock surged to a record in a four-day stretch of gains; adding $89 billion to Larry Ellison's coffers in one day. - Centene (CNC) shares rise after the health insurer gave positive views of its Medicare Star ratings and said it expects costs improvement in its Medicaid business.- UPS (UPS) shares fall after the stock was cut to underperform at Bank of America citing the end of the de minimis exemption; BofA also cut Fedex to neutral from buy.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Oracle (ORCL) is higher in the premarket. It continues to surge after the company gave an aggressive outlook for its cloud business, cementing its place in the race to support demand for artificial intelligence computing. The company signed deals with major customers including OpenAI, Nvidia, and ByteDance's TikTok, helping boost remaining performance obligations to $455 billion at the end of the fiscal first quarter.- Klarna (KLAR) is lower this morning after yesterday's huge IPO. Klarna's listing gave the company a market value of about $15.1 billion after the buy-now, pay-later company and some of its backers sold shares for $40 per share.- Opendoor (OPEN) is rallying after the company said co-founders Keith Rabois and Eric Wu will rejoin the board and named Shopify’s Kaz Nejatian as chief executive officer. - Amazon (AMZN) is higher after it was named a top pick at Morgan Stanley, which sees the company’s expansion in groceries “unlocking durably faster growth.” The grocery expansion is “a way for AMZN to drive higher utilization and purchase volume on its already leading logistics network and fleet,” and over the longer term, “capturing more consumer data in this critical grocery category (purchase behaviors, brand affinities, etc) is going to be important to AMZN’s efforts to create next generation agentic grocery offerings.”See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - BAE Systems aims to be able to build one warship a year within two years, shaving six months off the current amount of time required to complete each vessel.- Trainline shares gain as much as 15%, the most since December 2023, after the online ticket retailer reported first-half results including net ticket sales that beat estimates.- Fever-tree reported adjusted Ebitda of £18.4 million for the first half-year that beat the average analyst estimate.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 Greifeld, Jess Menton and Lisa Mateo.- Klarna (KLAR) rose 15% in its trading debut after the company and some of its backers raised $1.37 billion in an initial public offering that signals the market for new listings has room to run. The financial services company’s shares, which rose as much as 43% Wednesday, closed at $45.82 each in New York, above the IPO price of $40 apiece. The double-digit oversubscribed offering priced on Tuesday above the marketed range, and about half of the prospective investors placing orders were left empty handed.- Oracle (ORCL) shares gained the most since 1992 after the company gave an aggressive outlook for its cloud business, cementing the software maker’s place in the race to support demand for artificial intelligence computing. The stock surged 36% Wednesday in New York, bringing its market valuation to about $933 billion. The rally temporarily turned co-founder Larry Ellison into the world’s richest person, with the tech magnate passing Elon Musk for a few hours. AI-related stocks such as chip developer Nvidia Corp. and Asian suppliers also climbed.- Synopsis (SNPS) shares suffered their worst single-day decline on record after the company warned that US export restrictions are contributing to a slowdown in China, the largest market for semiconductors. As part of the company’s quarterly report on Tuesday, Chief Executive Officer Sassine Ghazi said that a push to develop its own intellectual property isn’t achieving the desired results — partly because of the China challenges. Ghazi said he would be refocusing resources on other areas and is reducing the company’s headcount by about 10%. See omnystudio.com/listener for privacy information.

On this edition of Stock Movers:- Apple (AAPL) shares are lower today after it debuted its its thinnest-ever iPhone and new Pro versions with enhanced cameras and more battery life this week. the company is betting that a flurry of smartphone innovation can entice shoppers this holiday season. The new skinnier model — dubbed the iPhone 17 Air — is just 5.6 millimeters thick, making it about a third slimmer than Apple’s current handsets. The device drew the loudest cheers from an audience assembled at Apple’s headquarters in Cupertino, California, where the company debuted the new products Tuesday.- Oracle (ORCL) shares are surging today, the most since 1992 after the company gave an aggressive outlook for its cloud business, an outlook that's cementing the software maker’s place in the race to support demand for artificial intelligence computing. The surge is making co-founder Larry Ellison the world’s richest person, surpassing Elon Musk. AI-related stocks such as chip developer Nvidia Corp. and Asian suppliers also climbed. The Wall Street Journal also reported that OpenAI signed a contract to purchase $300 billion in computing power over roughly five years from Oracle.- Shares of chip-design software maker Synopsys Inc. (SNPS) plunged the most in more than three decades after the company warned that US export restrictions are contributing to a slowdown in China, the largest market for semiconductors. As part of the company’s quarterly report on Tuesday, Chief Executive Officer Sassine Ghazi said that a push to develop its own intellectual property isn’t achieving the desired results — partly because of the China challenges. Ghazi said he would be refocusing resources on other areas and is reducing the company’s headcount by about 10%.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Synopsys (SNPS) shares drop after the company gave a weak reading on revenue from design IP and a weaker-than-expected earnings outlook. The company also warned that US export restrictions are contributing to a slowdown in China- Chewy (CHWY) shares slide after the retailer of pet products reported its second-quarter results and gave an outlook. CHWY had risen more than 20% off an August low, as of last close.- Oracle (ORCL) shares rise after the company gave a bullish outlook for its cloud business. After FY2026, it sees Cloud Infrastructure revenue in subsequent four years of $32b, $73b, $114b and $114b.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Oracle (ORCL) shares rise after the company gave a bullish outlook for its cloud business. After FY2026, it sees Cloud Infrastructure revenue in subsequent four years of $32b, $73b, $114b and $114b.- Synopsys (SNPS) shares drop after the company gave a weak reading on revenue from design IP and a weaker-than-expected earnings outlook. The company also warned that US export restrictions are contributing to a slowdown in China- Fifth Third (FITB) shares gain after the company said it was the victim of fraud on a loan with a $200 million balance, but believes the situation was an isolated incident in the company’s warehouse-lending business.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Oracle (ORCL) surged to a record after the company gave an aggressive outlook for its cloud business, stunning Wall Street and galvanizing hopes that the post-ChatGPT global AI infrastructure build-out is accelerating. Oracle's cloud infrastructure revenue increased 55% to $3.3 billion, with the company signing four multibillion-dollar contracts with three different customers in the quarter and expecting to sign up several additional customers in the coming months.- Synopsis (SNPS) shares are sinking after warning that US export restrictions are contributing to a slowdown in China. Its price target was also cut at Stifel, Wells Fargo, and KeyBanc. The electronic design automation software company reported third-quarter results that featured a weak read on Design IP revenue. It also gave an earnings outlook that was weaker than expected.- Novo Nordisk (NVO) shares are up after it announced it will slash 9,000 jobs globally and cut its profit forecast for the third time this year as it fights to recover ground lost to its rival Eli Lilly & Co. in the obesity drug market.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Oracle (ORCL) surged to a record after the company gave an aggressive outlook for its cloud business, stunning Wall Street and galvanizing hopes that the post-ChatGPT global AI infrastructure build-out is accelerating. Oracle's cloud infrastructure revenue increased 55% to $3.3 billion, with the company signing four multibillion-dollar contracts with three different customers in the quarter and expecting to sign up several additional customers in the coming months.- Coreweave (CRWV) and Nvidia (NVDA) are following the Oracle rally as they have relationships with the big tech giant.- Synopsis (SNPS) shares are sinking after warning that US export restrictions are contributing to a slowdown in China. Its price target was also cut at Stifel, Wells Fargo, and KeyBanc. The electronic design automation software company reported third-quarter results that featured a weak read on Design IP revenue. It also gave an earnings outlook that was weaker than expected.- Novo Nordisk (NVO) shares are up after it announced it will slash 9,000 jobs globally and cut its profit forecast for the third time this year as it fights to recover ground lost to its rival Eli Lilly & Co. in the obesity drug market.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Novo Nordisk will slash 9,000 jobs globally and cut its profit forecast for the third time this year as it fights to recover ground lost to its more efficient rival Eli Lilly & Co. in the booming obesity drug market. - Associated British Foods shares slumped after the British conglomerate reported falling sales at its Primark budget fashion chain and gave a muted outlook for the sugar division next year.- Inditex shares jumped after a positive start to the third quarter reassured investors on the fashion retailer’s growth prospects.See omnystudio.com/listener for privacy information.

On this edition of Stock Movers:- Apple (APPL) shares declined today after the company introduced its iPhone 17 lineup, adding an all-new skinnier Air design and improving the devices’ durability and camera technology. Apple unveiled the new smartphones at an event with the tagline “awe dropping” from its headquarters in Cupertino, California. Apple also debuted new smartwatches and an updated version of its high-end AirPods. However, analysts didn’t see any major surprises in the event.- UnitedHealth (UNH) shares jumped after the health insurer said it expects most of its Medicare Advantage members to be in highly rated plans that earn bonus payments next year, a boon for its health insurance business. Preliminary data show about 78% of members will be in plans with at least four stars, the threshold for earning bonus payments, the company said in a filing Tuesday. The star rating system set by Medicare evaluates plans on quality and customer experience, with financial rewards for those that perform well. The preliminary star rating results are “likely better than some investors feared,” JPMorgan analysts led by Lisa Gill wrote in a research note Tuesday.- Oracle (ORCL) shares surged in extended trading after the company posted a huge jump in bookings in the latest quarter, following a massive deal with OpenAI. Remaining performance obligation, a measure of bookings, were $455 billion at the end of the fiscal first quarter, up from about $138 billion at the end of the prior quarter, Oracle said in a statement Tuesday. Cloud infrastructure revenue increased 55% to $3.3 billion, while analysts anticipated a 53% expansion. Profit, excluding some items, was $1.47 per share compared with the $1.48 average estimate.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Apple (AAPL) introduced its iPhone 17 lineup, adding an all-new skinnier Air design and improving the devices’ durability and camera technology. Apple also debuted new smartwatches and an updated version of its high-end AirPods. Bloomberg previously reported on plans for the iPhone Air and other features. That left few major surprises during the presentation Tuesday, and investors were generally underwhelmed. The stock slipped 1.5% to $234.39 as of 2:20 p.m. in New York. Apple shares had fallen 5% this year through Monday’s close. - Nebius (NBIS) shares jumped Tuesday after the AI-centric cloud platform company said it will provide Microsoft access to GPU infrastructure capacity at its new data center in Vineland, New Jersey, over five years. The deal is worth as much as $19.4 billion and will provide Microsoft with a dedicated artificial intelligence computing capacity. - Tourmaline Bio (TRML) will be acquired by Novartis in a deal that values the New York-based biopharmaceutical company at about $1.4 billion on a fully diluted basis. Tourmaline Bio is developing a promising treatment to reduce systemic inflammation, a major driver of cardiovascular disease. See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- UnitedHealth (UNH) shares rise after the company said it expects most of its Medicare Advantage members to be in highly rated plans that earn bonus payments next year, a boon for its health insurance business.- FOX (FOXA) shares drop after Rupert Murdoch and his children resolved a family feud with a settlement that gives Lachlan Murdoch broad control of the media empire.- Dell shares (DELL) fall after the computer hardware maker said CFO Yvonne McGill is stepping down after two years in the role and will be replaced on an interim basis by David Kennedy.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Anglo American (NGLOY) shares are higher to its highest intraday level in almost seven months following news it is in advanced talks to acquire Canada's Teck Resources Ltd. in a potential purchase that could be announced as early as this week. A combination of the two companies would rank among the biggest ever in the mining industry and mark the culmination of several years of revived dealmaking activity among the largest players- Nebius (NBIS) jumped in premarket trading after the AI-centric cloud platform company said it will provide Microsoft access to GPU infrastructure capacity at its new data center in Vineland, New Jersey, over five years. Total contract value is $17.4b through 2031, or as much as $19.4b if Microsoft acquires additional services and/or capacity. - UnitedHealth Group (UNH) is jumping on news it expects most of its Medicare Advantage members to be in highly rated plans that earn bonus payments next year. Preliminary data show about 78% of members will be in plans with at least four stars, the threshold for earning bonus payments. Earning high star ratings is crucial for insurers selling private Medicare Advantage health plans, fueling demand and higher reimbursement from the government for those customers.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Anglo American (NGLOY) shares are higher to its highest intraday level in almost seven months following news it is in advanced talks to acquire Canada's Teck Resources Ltd. in a potential purchase that could be announced as early as this week. A combination of the two companies would rank among the biggest ever in the mining industry and mark the culmination of several years of revived dealmaking activity among the largest players- Nebius (NBIS) jumped in premarket trading after the AI-centric cloud platform company said it will provide Microsoft access to GPU infrastructure capacity at its new data center in Vineland, New Jersey, over five years. Total contract value is $17.4b through 2031, or as much as $19.4b if Microsoft acquires additional services and/or capacity. - Dell Technologies (DELL) fell after the computer hardware maker said CFO Yvonne McGill is stepping down after two years in the role and will be replaced on an interim basis by David Kennedy. Analysts are surprised by the announcement and note that it might cause investor concerns ahead of the firm’s key analyst meeting. - Oracle (ORCL) shares are moving after The Information reported executives are discussing eliminating cash raises and bonuses for employees in 2025, as it aims to cut spending in other areas to boost its AI data center investments. They may offer additional stock grants to make up for cash compensation.Eric MolloSee omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Anglo American rises as much as 8.5% in London, to its highest intraday level since Feb. 14, after the company agreed to merge with Canada’s Teck Resources, marking one of the biggest mining transactions in more than a decade.- Monte Paschi has secured a majority stake in Italian lender Mediobanca, cementing a once-unthinkable €16 billion takeover that’s set to reshape Italian finance.- Saab shares fall as much as 5.7% after Barclays initiated coverage of the Swedish defense company with an underweight rating, saying its stretched valuation and relatively small scale could mean downside to the stock price.See omnystudio.com/listener for privacy information.

On this edition of Stock Movers:- Robinhood (HOOD) and AppLovin (APP) shares surged today after S&P Dow Jones Indices said the stocks would be added to the S&P 500 Index. Emcor Group Inc. (EME) will also be added to the index. The three companies will replace MarketAxess Holdings Inc, Caesars Entertainment Inc. and Enphase Energy Inc. prior to the start of trading on Sept. 22. Robinhood’s entry into the S&P 500 marks a milestone not just for the company but for the investing boom it helped define. Once a symbol of pandemic-era excess, the trading app now oversees billions in customer assets, from options to crypto, proving a durable engine of retail market participation. Shares of Robinhood were up more than 7% in after-hours trading.The milestone underscores how fast retail-driven companies can move from the edge of the financial system to its center, as speculation reshapes markets from meme stocks to digital assets. With its slick interface and zero-commission trades, Robinhood captured a growing share of that flow.- CVS Health (CVS) shares dipped today after executives during a private investor meeting provided no details about its upcoming quality ratings from the US government and offered no financial guidance. Chief Executive Officer David Joyner and Chief Financial Officer Brian Newman made the remarks in a presentation to investors hosted by Morgan Stanley on Monday, according to a person familiar with the event who asked to remain anonymous discussing what was said. Later in the presentation, one of the executives noted the drop in the stock price and said the company doesn’t give guidance between quarterly earnings calls by policy. The executive said CVS continues to feel positively about its outlook, the person said.See omnystudio.com/listener for privacy information.

On this edition of Stock Movers: - EchoStar (SATS) shares soared today after Elon Musk's SpaceX agreed to acquire wireless spectrum from the satellite broadband company for about $17 billion, allowing Charlie Ergen’s beleaguered telecommunications company to resolve an overhanging regulatory probe and pay down debt. SpaceX is buying EchoStar’s AWS-4 and H-block spectrum licenses designated for satellite and mobile communications according to a statement Monday, confirming an earlier Bloomberg News report. It will pay as much as $8.5 billion in cash and up to $8.5 billion in SpaceX stock. SpaceX has also agreed to fund a total of about $2 billion in cash interest payments on EchoStar debt through November 2027.- Robinhood (HOOD) and AppLovin (APP) shares gained today after S&P Dow Jones Indices said the stocks would be added to the S&P 500 Index. Emcor Group Inc. (EME) will also be added to the index. The three companies will replace MarketAxess Holdings Inc, Caesars Entertainment Inc. and Enphase Energy Inc. prior to the start of trading on Sept. 22. Robinhood’s entry into the S&P 500 marks a milestone not just for the company but for the investing boom it helped define. Once a symbol of pandemic-era excess, the trading app now oversees billions in customer assets, from options to crypto, proving a durable engine of retail market participation. Shares of Robinhood were up more than 7% in after-hours trading. The milestone underscores how fast retail-driven companies can move from the edge of the financial system to its center, as speculation reshapes markets from meme stocks to digital assets. With its slick interface and zero-commission trades, Robinhood captured a growing share of that flow.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- T-Mobile (TMUS) shares fall after Elon Musk's SpaceX agreed to acquire wireless spectrum from EchoStar for about $17 billion. SpaceX said it is buying EchoStar’s AWS-4 and H-block spectrum licenses designated for satellite and mobile communications.- UnitedHealth (UNH) after reaffirming adjusted 2025 EPS views. The stock faces a potential resistance zone of $323 to $327 intraday. - AppLovin (APP) shares rise after S&P Dow Jones Indices said the stock would be added to the S&P 500 Index.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- EchoStar (STATS) shares rise after Elon Musk's SpaceX agreed to acquire wireless spectrum from EchoStar for about $17 billion. SpaceX said it is buying EchoStar’s AWS-4 and H-block spectrum licenses designated for satellite and mobile communications.- PNC (PNC) shares drop after the firm agreed to buy FirstBank Holding for about $4.1 billion to add $26.8 billion in assets and branches in Colorado and Arizona. The transaction is expected to be completed early next year- Robinhood (HOOD) shares gain after the company was added to the S&P 500. By joining the S&P 500, Robinhood enters the portfolios of index funds, pension plans and retirement accounts across the world.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Robinhood (HOOD) is gaining this morning after S&P Dow Jones Indices said it would be added to the S&P 500 Index. Applovin (APP) is higher this morning as well as it will be added. The stocks will be replacing MarketAxess Holdings, Caesars Entertainment and Enphase Energy; the changes are effective prior to the open of trading on Monday, Sept. 22. Bloomberg Intelligence analyst Neil Sipes says “Robinhood’s addition to the S&P 500 will expand its shareholder base, underscoring its profit progress toward incumbent brokers.”- Echostar (SATS) shares are rising on news SpaceX agreed to acquire wireless spectrum from EchoStar for about $17 billion in cash and stock. SpaceX is buying EchoStar’s AWS-4 and H-block spectrum licenses and will pay as much as $8.5 billion in cash and up to $8.5 billion in SpaceX stock. The acquisition would allow SpaceX to offer its own direct-to-device offerings more independently, and is expected to resolve inquiries from the US Federal Communications Commission.- Summit Therapeutics (SMMT) is plunging after the drug developer gave longer-term follow-up data from a global trial of its investigative lung cancer therapy, ivonescimab, that disappointed Wall Street. - Oracle (ORCL) is higher after its price target was raised at JPMorgan, Morgan Stanley, and Barclays.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Robinhood (HOOD) is gaining this morning after S&P Dow Jones Indices said it would be added to the S&P 500 Index. Applovin (APP) is higher this morning as well as it will be added. The stocks will be replacing MarketAxess Holdings, Caesars Entertainment and Enphase Energy; the changes are effective prior to the open of trading on Monday, Sept. 22. Bloomberg Intelligence analyst Neil Sipes says “Robinhood’s addition to the S&P 500 will expand its shareholder base, underscoring its profit progress toward incumbent brokers.”- Strategy Inc. (MSTR) is lower after it was not included in the index. There was hope given the climb in Bitcoin would help propel Strategy, which holds supply of Bitcoin, to the index.- Loandepot (LDI) is soaring to the highest since November after Citron Research hailed the company as a winner from President Donald Trump’s efforts to help the housing market. Interest-rate sensitive homebuilder stocks also outperformed as yields on 10-year Treasuries slid in the wake of softer-than-anticipated jobs data; the S&P composite builder index advanced as much as 3.2%, to the highest since Dec. 4, led by Dream Finders Homes, LGI Homes, Century Communities and Lennar.- Oracle (ORCL) is higher after its price target was raised at JPMorgan, Morgan Stanley, and Barclays.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- M&S shares rise as much as 3.4%, the most in nearly three weeks, after Citi upgraded the British retailer to buy. Analysts cite “an attractive entry point” with the stock trading around 18% below levels before a cyberattack derailed operations earlier this year. - Phoenix Group reported operating profit for the first half-year that beat the average analyst estimate. The firm will change its name to Standard Life next year as the UK-listed pensions provider looks to boost its appeal to British savers and companies. - Ryanair shares drop as much as 2.3%, to the lowest since July 18, after Goldman Sachs cuts the stock to neutral from buy, saying previous catalysts have played out.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Western Digital (WDC) rallied to be among the best performers in the S&P 500 this week after Morgan Stanley named the computer hardware and storage company its top pick, saying the shares “remain the most attractive short-and-longer-term investment opportunity in our Hardware coverage.”- Broadcom (AVGO) had its biggest one-day stock rally since April on news of the chipmaker teaming up with OpenAI to make artificial intelligence accelerators, a lucrative area dominated by Nvidia Corp. As part of the agreement, Broadcom will help design and produce an accelerator chip that will start shipping in 2026. Chief Executive Officer Hock Tan first mentioned the arrangement Thursday without naming the customer. The client was later identified as OpenAI by people familiar with the matter, who asked to remain anonymous because the deal is private. Broadcom’s stock surged 9.4% to $334.89 in New York trading on Friday, adding $135 billion to the company’s market value.- Lululemon (LULU)'s rough year continued as the once fast-growing apparel chain slashed its outlook on weakening demand and the Trump administration’s tougher trade policies. The retailer’s shares tumbled in Friday trading, deepening a decline this year that had already erased $22 billion in market value. The Vancouver-based company warned Thursday that it will take a $240 million hit from President Donald Trump’s decision to end the de minimis exemption. The policy had helped Lululemon ship many of its US e-commerce orders under $800 duty-free from Canada.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 Greifeld, Carol Massar and Tim Stenovec.- Tesla (TSLA) proposed a new compensation agreement for Chief Executive Officer Elon Musk potentially worth around $1 trillion, a massive package without precedent in corporate America. The long-awaited proposal, designed to incentivize Musk to lead Tesla for years to come, sets a series of ambitious benchmarks he must meet to earn the full payout, including expanding Tesla’s nascent robotaxi business and growing the company’s market value to at least $8.5 trillion from about $1.1 trillion today. The plan spans 10 years. Shares of Tesla rallied.- Broadcom (AVGO)s helping OpenAI design and produce an artificial intelligence accelerator that will ship starting in 2026, getting into a lucrative sphere dominated by Nvidia. The news sent Broadcom shares on their biggest intraday rally since April. Broadcom’s stock surged as much as 16% in New York trading on Friday, adding more than $200 billion to the company’s market value. Nvidia’s shares slipped as much as 4.4%, their biggest intraday decline since May.- Lululemon (LULU) was hit with at least seven analyst downgrades in a single day as analysts say the upscale clothing retailer needs a “strategic pivot.” Shares hit their lowest level since the onset of the pandemic after the company slashed its outlook for both the third quarter and the full year, hurt by weak demand and a stricter trade regime under the Trump administration. The stock fell as much as 20%, touching the level it last traded in March 2020.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Strategy (MSTR) shares rose as Crypto-linked stocks rose with Bitcoin and Ether prices as broader markets gain on hopes that US jobs data on would increase the chances of a Federal Reserve interest rate cut later this month. - Broadcom (AVGO) shares rose after the company announced they would be helping OpenAI design and produce an artificial intelligence accelerator from 2026, getting into a lucrative sphere dominated by Nvidia Corp. - Lululemon (LULU) shares tumble after the company slashed its outlook due to weakening demand and the Trump administration's tougher trade policies. The retailer warned it will take a $240 million hit from President Donald Trump's decision to end the de minimis exemption and now projects lower sales for the third quarter.See omnystudio.com/listener for privacy information.