Stock Movers

On this episode of Stock Movers:- UnitedHealth (UNH) shares fall 3.7% in premarket trading after the health insurer reissued its adjusted profit forecast for 2025 that fell short of Wall Street’s expectations. The company’s guidance range for its annual revenue also missed the average analyst estimate.- UPS (UPS) shares fall 3.5% premarket after the parcel carrier declined to provide full-year revenue or operating profit guidance “given the current macro-economic uncertainty.”- Whirlpool (WHR) slashed its 2025 profit outlook, saying that the boost it expects from making the majority of its appliances in the US has yet to materialize as foreign rivals rushed imports into the country during the second quarter to avoid higher tariffs.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- AstraZeneca shares rise as much as 2% after the drugmaker reported revenue for the second quarter that were ahead of market expectations. JPMorgan analysts called it a “high quality” sales beat. - Philips increased its profitability outlook as the impact of the trade war was not as severe as it feared. The company now expects full-year adjusted operating earnings margin of as much as 11.8%, a 50 basis points increase from the previous outlook, according to a statement.- Stellantis shares fall as much as 3.4% after the carmaker updated its estimate of 2025 net tariff impact to about €1.5 billion, of which €300 million was incurred in 1H25.See omnystudio.com/listener for privacy information.

On this edition of Stock Movers: - Abercrombie & Fitch (ANF) shares gained today after JPMorgan boosted its price target on the retailer to $151, a street high, citing strength across categories and potential for sequential improvement in same-store-sales. Analyst Matthew Boss says: “We are raising our 2Q25 EPS to $2.33 (above Street $2.26) based on revenues +7.1% y/y (above Street +4.3% & management’s +3-5% revenue guidance) and same-store-sales growth of +4.7% same-store-sales growth (vs. Street +2.3%).” - ASML Holding (ASML) and other European semiconductor equipment stocks gained today after their key customer, Samsung, won a contract to make AI chips for Tesla. Meanwhile, a US-EU trade agreement that exempts tariffs on semiconductor equipment gives an additional boost to the sector after its two-week long slide. - Nike (NKE) shares are up today after JPMorgan upgrades to overweight from neutral, citing the earnings impact of the sportswear maker’s five-pronged multi-year recovery plan. JPMorgan analyst Matthew Boss notes that the recovery path will equate to positive earnings-per-share growth in the high teens to 20% through to the 2030 full-year. The recovery plan includes global inventory alignment to sales growth, accelerating momentum within global wholesale order books and 2H 2026 anniversary of about $500 million of accelerated and incremental sales-related reserves.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, Scarlet Fu, Carol Massar and Tim Stenovec. - Tesla (TSLA) rose off news that Samsung will produce Tesla's AI semiconductors in a new $16.5 billion pact. Elon Musk described the value of the deal as "just the bare minimum" and said the actual output is likely to be several times higher, with the AI6 component forming the foundation of Tesla's driving hardware suite. The contract win is seen as a signal of confidence for Samsung's upcoming fabrication technology and helps burnish its reputation as the strongest alternative to TSMC, according to Ryu Young-ho, an analyst at NH Investment & Securities Co. Others in the chip space benefitted off the news, including AMD - the number two gainer in the S&P today. - Nike (NKE) shares rose to their highest intraday level since March, after JPMorgan upgraded to the stock to overweight from neutral, citing the earnings impact of the sportswear maker’s five-pronged multi-year recovery plan. JPMorgan analyst Matthew Boss notes that the recovery path will equate to positive earnings-per-share growth in the high teens to 20% through to the 2030 full-year. The recovery plan includes global inventory alignment to sales growth, accelerating momentum within global wholesale order books and 2H 2026 anniversary of about $500 million of accelerated and incremental sales-related reserves. - Opendoor Technologies (OPEN) is postponing a shareholder vote on a reverse stock split after a recent run-up in the company's shares. The company had previously scheduled a special meeting due to a notification from Nasdaq that it could be delisted for failing to maintain a stock price of $1 or more. The recent volatility in the company's stock led the board to delay the vote on stock split proposals, according to a statement Monday. Opendoor was the most actively traded stock today, down 7.87% at the close.See omnystudio.com/listener for privacy information.

On this edition of Stock Movers:- Samsung (SSNHZ) shares are surging after the company will produce AI semiconductors for Tesla Inc. in a new $16.5 billion pact that marks a win for its underperforming foundry division. South Korea’s largest company announced on Monday that it secured the 22.8 trillion won chipmaking agreement, which will run through the end of 2033. The plan is for an upcoming plant in Taylor, Texas, to produce Tesla’s next-generation AI6 chip, Tesla chief Elon Musk said on X, confirming a Bloomberg News report. Samsung’s Seoul-traded shares rose 6.8% to their highest since September, while its suppliers like Soulbrain Co. jumped 16%. Tesla’s stock rose more than 1% in early US trading. A Samsung spokesperson declined to comment, citing confidentiality terms in its contract.- Nike (NKE) shares are gaining today after JPMorgan upgrades to overweight from neutral, citing the earnings impact of the sportswear maker’s five-pronged multi-year recovery plan. JPMorgan analyst Matthew Boss notes that the recovery path will equate to positive earnings-per-share growth in the high teens to 20% through to the 2030 full-year. The recovery plan includes global inventory alignment to sales growth, accelerating momentum within global wholesale order books and 2H 2026 anniversary of about $500 million of accelerated and incremental sales-related reserves.- PayPal (PYPL) shares are up today. The company will soon allow businesses to accept more than one hundred cryptocurrencies at checkout. The option is going live in the coming weeks and will allow merchants to accept crypto such as Bitcoin, Ethereum, Tether’s USDT and Circle’s USDC, from wallets including Coinbase, OKX, Phantom, MetaMask and Exodus. When a consumer pays with crypto, the funds are automatically converted into fiat or PayPal’s PYUSD stablecoin for deposit in the merchant’s account. “You have globally 650 million users that participate in the $3 trillion market of cryptocurrencies,” said Frank Keller, general manager of large enterprise and merchant platform at PayPal, in an interview with Bloomberg. “We wanted to give small businesses access to this customer base that is growing.”See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Nike (NKE) shares rise after JPMorgan upgrades to overweight from neutral, citing the earnings impact of the sportswear maker’s five-pronged multi-year recovery plan.- GE Vernov (GEEV) falls after it received a pair of downgrades, with analysts cutting their views on the electric-power company in the wake of results that led to sharp gains in the stock.- ASML (ASML) shares gain after its key customer, Samsung, wins a contract to make AI chips for Tesla. Meanwhile, a US-EU trade agreement that exempts tariffs on semiconductor equipment gives an additional boost to the sector after its two-week long slide. See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- LNG and defense stocks rise in premarket trading, after the European Union agreed a trade deal with the US, committing to big purchases of American energy products as part of the pact.- Samsung Electronics will produce AI semiconductors for Tesla (TSLA) in a new $16.5 billion pact that marks a win for its underperforming foundry division.South Korea’s largest company announced on Monday that it secured the 22.8 trillion won chipmaking agreement, which will run through the end of 2033. The plan is for an upcoming plant in Taylor, Texas, to produce Tesla’s next-generation AI6 chip, Tesla chief Elon Musk said on X, confirming a Bloomberg News report.- Boeing Co. (BA) is preparing for a strike at its St. Louis defense hub after factory workers rejected a contract offer that would’ve boosted their wages by 20% over four years.The International Association of Machinists and Aerospace Workers Local 837, which represents 3,200 Boeing defense workers in Missouri and Illinois, said its members voted overwhelmingly against the new terms Sunday.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Shares in automakers led a relief rally in European stocks on Monday after the US and EU agreed to a trade deal, with the bloc facing 15% tariffs on most of its exports, including cars.- ASML and other European semiconductor equipment stocks gain after their key customer, Samsung, wins a contract to make AI chips for Tesla. Meanwhile, a US-EU trade agreement has staved off trade war fears, offering an additional boost to the sector after its two-week long slide. - Heineken saw a decline in beer volumes, as retailer disputes across Europe dragged on sales and limited its ability to take advantage of the summer heat wave.See omnystudio.com/listener for privacy information.

Bloomberg Intelligence Senior Analyst Anurag Rana says Microsoft's critical software portfolio and AI sales could offset weakness due to rising economic uncertainty in other business areas, such as non-AI cloud spending, advertising and seat growth in Office. Rana believes that although products like Office and Windows aren't particularly susceptible to tariff shocks, gains in new users will likely be challenging through 2025. Bloomberg Intelligence also says the non-AI Azure expansion rate could suffer as enterprises cut back on cloud consumption to save costs. In addition, he notes the relationship with OpenAI positions Microsoft to capture increased AI spending, and the company could top $20 billion in AI sales this year.   For more on upcoming earnings from Microsoft, along with other big tech companies, Rana speaks with Bloomberg's Paul Sweeney and Isabelle Lee.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:   - Coca-Cola Co. said it’s launching a new Coke product for American consumers made with US cane sugar this fall.Tuesday’s announcement came less than a week after President Donald Trump said in a Truth Social post that the company agreed to use cane sugar in its US Coke beverages. On a call with analysts, Chief Executive Officer James Quincey thanked the president for his “enthusiasm for our Coca-Cola brand.” The company also posted second-quarter sales growth and profit that beat Wall Street expectations as consumers continued to pay higher prices for the company’s soft drinks. It now expects full-year comparable earnings per share growth of about 3%, up from a range of 2% to 3%.    - General Motors Co. said it suffered a $1.1 billion profit hit from Donald Trump’s tariffs and revealed no plan for a near-term fix to return to pre-tariff profit levels.The Detroit-based automaker said Tuesday it earned $2.53 per share on an adjusted basis, above the Bloomberg consensus forecast of $2.33 but short of the $3.06 it made a year ago. GM’s profits also suffered from higher warranty costs and a buildup in inventory of electric vehicles, which are set to lose federal subsidies under Trump’s recently passed budget bill.GM’s results showcase the difficulty automakers face to maintain profits in an environment that newly penalizes globally integrated parts supply chains and cross-border vehicle sales. Even though the automaker beat profit expectations, earnings in its all-important US business suffered from import duties on vehicles made in Canada, Mexico and South Korea.GM hasn’t moved to raise already high average sticker prices enough to recoup tariff costs, instead opting to absorb the blow by cutting costs and repatriating some production. Chief Executive Mary Barra hinted at the challenges adjusting to the new reality in a letter to shareholders. See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Chipotle (CMG) shares plunged after cutting its annual outlook for the second time this year, suggesting that honey chicken and burrito giveaways haven’t been enough to offset a traffic slump that the company attributed to economic anxiety. Sales at established restaurants are now expected to be about flat for the full year, the company said Wednesday. It previously forecast the metric would expand by a low-single digit. The shares tumbled as much as 14% during trading on Thursday, their biggest intraday drop since March 2020. The stock was down 12% this year through Wednesday’s close, among the worst performers in US restaurants.- GE Vernova (GEV) shares rose on new it increased its sales of transformers and other electrical equipment to big tech firms building large data centers.That’s helped the company boost its total sales of electrical equipment to about $500 million in the first half of the year, compared with $600 million for all of 2024, Chief Executive Officer Scott Strazik said in an interview on Wednesday. “We’re accelerating our direct selling with the hyperscalers,” he said. The demand for power is surging to levels not seen in decades, driven by data centers, new factories and the overall electrification of the economy. That has increased investor interest in everything to do with electricity and has bolstered GE Vernova, which raised its 2025 guidance on Wednesday as it reported second-quarter earnings. - Texas Instruments (TXN), a key chipmaker for producers of cars and factory equipment, tumbled after stoking fears that a tariff-fueled surge in demand will be short-lived. Though the company issued a third-quarter forecast on Tuesday that beat most estimates, the outlook was more guarded than some investors had anticipated. The stock fell further during a conference call, when executives struggled to win over analysts who said the company’s tone had become increasingly negative. The main concern is whether tariffs and trade disputes will hurt a sales resurgence that’s still in the early stages. While revenue jumped 16% last quarter, executives acknowledged that they didn’t know how much of that came from tariff-related “pull in” — customers making purchases to get out ahead of the levies.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, Scarlet Fu, Carol Massar and Tim Stenovec.- Intel (INTC) shares tumbled nearly 10% during trading Friday after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused on cost cutting than restoring the chipmaker’s technological edge. As part of Intel’s second-quarter report, Tan said the company will cancel some factory projects and take a more conservative approach to future spending. Tan called the investments begun under his predecessor, Pat Gelsinger, excessive and unwise.“I do not subscribe to the belief that if you build it, they will come,” he said on a conference call with analysts. At the same time, Tan struggled to give a clear picture of how he’ll make the company more competitive again. Gelsinger had embarked on an ambitious plan to turn Intel into a chip foundry, a business that makes products for outside clients. A key part of that was moving toward a more advanced production technique called 14A. But Tan signaled Thursday that Intel will only roll out that technology tentatively.- Tesla (TSLA) shares rebounded after a rough stretch following earnings and CEO Elon Musk warning of difficult times ahead. “We probably could have a few rough quarters,” Musk said. “But once you get to autonomy at scale in the second half of next year, certainly by the end of next year, I would be surprised if Tesla’s economics are not very compelling.” - Deckers (DECK) shares soared during trading on Friday. Fuzzy Ugg boots and chunky Hoka running shoes saw big sales gains last quarter, bolstering financial results for parent company Deckers Outdoor Corp. Net sales for both brands surpassed analysts’ estimates in the fiscal first quarter ended June 30. Ugg sales rose about 19% from a year ago, while Hoka increased roughly 20%, Deckers said in a statement. The company’s shares gained as much as 21% on Friday, the biggest intraday rise since October 2023. The stock had fallen 48% this year through Thursday’s close. Rival Swiss sneaker marker On Holding AG shares also rose 5.3% in premarket trading.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Intel (INTC) shares slid nearly 10% during trading today after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused on cost cutting than restoring the chipmaker’s technological edge. As part of Intel’s second-quarter report, Tan said the company will cancel some factory projects and take a more conservative approach to future spending. Tan called the investments begun under his predecessor, Pat Gelsinger, excessive and unwise. “I do not subscribe to the belief that if you build it, they will come,” he said on a conference call with analysts. At the same time, Tan struggled to give a clear picture of how he’ll make the company more competitive again. Gelsinger had embarked on an ambitious plan to turn Intel into a chip foundry, a business that makes products for outside clients. A key part of that was moving toward a more advanced production technique called 14A. But Tan signaled Thursday that Intel will only roll out that technology tentatively.- Deckers (DECK) shares soared today after net sales for Ugg boots and Hoka running shows saw big sales gains in the last quarter, bolstering financial results for parent company Deckers Outdoor. The company’s shares gained as much as 21% on Friday, the biggest intraday rise since October 2023. The stock had fallen 48% this year through Thursday’s close. Rival Swiss sneaker marker On Holding AG shares also rose 5.3% in premarket trading. Chief Executive Officer Stefano Caroti has been steering Deckers through tariff pressures while trying to capitalize on the rising popularity of Hoka sneakers in the running shoe category. Its Ugg brand, known for its stout sheepskin boots, has long been a steady winner for the company.- Boston Beer (SAM) shares were up after the alcoholic beverage maker reported earnings that beat estimates.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Charter Comms (CHTR) shares fall after the company reported it lost more Internet customers than expected during the second quarter amid increased pressure from mobile companies’ 5G and fiber home internet offerings.- Estee Lauder (EL) shares rise after JPMorgan upgraded the cosmetics company to overweight from neutral.- Paramount (PARA) shares gain after the Federal Communications Commission approved Paramount Global's merger with Skydance Media after the Trump administration extracted concessions on the news and entertainment company's political coverage and diversity practices.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Deckers (DECK) shares soar as Net sales for Ugg and Hoka surpassed analysts' estimates in the fiscal first quarter ending June 30th, with Ugg sales rising about 19% and Hoka increasing roughly 20%.- Centene (CNC) shares tumble after the health insurer reported adjusted loss per share for the second quarter, surprising analysts who’d forecasted a profit. The company also reported higher medical costs in the second quarter than Wall Street’s expectations.- Intel (INTC) shares slide after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused on cost cutting than restoring the chipmaker’s technological edge.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Intel (INTC) shares are lower as CEO Lip-Bu Tan sparked concerns that he is more focused on cost cutting than restoring the company's technological edge. Tan said the company will cancel some factory projects and take a more conservative approach to future spending, calling investments begun under his predecessor "excessive and unwise." Intel will reduce capital expenditures and has laid off thousands of employees, with plans to cut staff by 15% and end the year with 75,000 employees.- Charter Communications (CHTR) shares are down in premarket trading, after the cable company reported second-quarter earnings that missed expectations. In its second quarter results, Bloomberg Consensus EPS was $9.82 but it came in at $9.18.- Deckers Outdoor (DECK) share are higher in the premarket as net sales for Ugg and Hoka surpassed analysts' estimates in the fiscal first quarter ended June 30, with Ugg sales rising about 19% and Hoka increasing roughly 20%. The company's shares jumped as much as 12% in premarket trading on Friday, after having fallen 48% this year through Thursday's close.- Coursera (COUR) is soaring after the online education company reported second-quarter results that beat expectations and raised its full-year revenue forecast. It saw revenue at $188 million to $192 million, beating the estimate $182.4 million. It also sees adjusted Ebitda $10 million to $14 million, after an estimate of $10.7 million.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Intel (INTC) shares are lower as CEO Lip-Bu Tan sparked concerns that he is more focused on cost cutting than restoring the company's technological edge. Tan said the company will cancel some factory projects and take a more conservative approach to future spending, calling investments begun under his predecessor "excessive and unwise." Intel will reduce capital expenditures and has laid off thousands of employees, with plans to cut staff by 15% and end the year with 75,000 employees.- Deckers (DECK) share are higher in the premarket as net sales for Ugg and Hoka surpassed analysts' estimates in the fiscal first quarter ended June 30, with Ugg sales rising about 19% and Hoka increasing roughly 20%. The company's shares jumped as much as 12% in premarket trading on Friday, after having fallen 48% this year through Thursday's close.- Centene (CNC) is lower after the health insurer reported adjusted loss per share for the second quarter, surprising analysts who’d forecasted a profit. The company also reported higher medical costs in the second quarter than Wall Street’s expectations.- Volkswagen (VWAGY) shares are up after its CEO said he expects US tariffs to come down to a more manageable level, bolstering the export-reliant automaker after it tallied up €1.3 billion ($1.53 billion) in expenses in the first half due to President Donald Trump’s trade war. CEO Oliver Blume said he expected European Union and US negotiators to eventually agree on duties of around 15%, from the 27.5% the car industry faces currently. The German manufacturer is also pursuing a separate offset with the Trump administration in return for raising its spending in the country.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Puma plunged after the German brand slashed its profit forecast in the face of weak demand for its sports and exercise gear and growing concerns about the impact of US tariffs.- Remy Cointreau SA lifted its profit guidance for the year, as sales of Cognac in the US rebounded and it avoided the most punitive impact of tariffs in China. - Carrefour SA is selling its Italian operations for an enterprise value of about €1 billion as Chief Executive Officer Alexandre Bompard leans on asset disposals to bolster the French supermarket chain’s performance.See omnystudio.com/listener for privacy information.

On this edition of Stock Movers: - West Pharmaceutical Services (WST) shares advanced as much as 28%, a record one-day climb, after the maker of packaging components for the drug industry boosted its adjusted profit and net sales outlook for the full year.  - Chipotle Mexican Grill (CMG) shares plunged after cutting its annual outlook for the second time this year, suggesting that honey chicken and burrito giveaways haven’t been enough to offset a traffic slump that the company attributed to economic anxiety. Sales at established restaurants are now expected to be about flat for the full year, the company said Wednesday. It previously forecast the metric would expand by a low-single digit. The shares tumbled as much as 14% in New York, their biggest intraday drop since March 2020. The stock was down 12% this year through Wednesday’s close, among the worst performers in US restaurants. Chipotle had already cut its annual guidance earlier this year after economic uncertainty, among other factors, dinged results.- Southwest Airlines (LUV) shares fell after the carrier said it expects economic turmoil to wipe out as much as $1 billion of its annual pre-tax profit this year and offered shareholders a much-reduced outlook for the balance of 2025. Earnings before interest and taxes for the year will be $600 million to $800 million, Southwest said in a statement on Wednesday that also included second-quarter results that fell short of analyst expectations. The carrier originally expected $1.7 billion in pre-tax profit at the start of the year. Southwest is one of a few companies so far to put a price on the fallout from President Donald Trump’s efforts to reset global trade, inflation and economic uncertainty that caused travel demand to collapse early this year. Most carriers pulled financial guidance in April, saying it was impossible to forecast demand.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, Scarlet Fu, Carol Massar and Tim Stenovec. - Alphabet's (GOOG) earnings beat Wednesday was the latest milestone in what’s been an explosive run since early 2023, during which the company has added more than $1 trillion in market value and returned about 120% to investors. It’s also made its CEO, Sundar Pichai, a billionaire. With Alphabet’s shares approaching an all-time high, Pichai, 53, is now worth $1.1 billion, according to the Bloomberg Billionaires Index. That’s a rare feat for a non-founding chief executive officer, especially in a tech industry where many top executives — including Meta Platforms Inc.’s Mark Zuckerberg and Nvidia Corp.’s Jensen Huang — owe their fortunes to founding equity stakes in their companies. Shares closed higher today. - Tesla (TSLA) shares fell as 9.5%, the most intraday since June 5, after Elon Musk warned of a hard year ahead for the electric-vehicle maker. Analysts note that the company’s near-term outlook looks rough. Tesla will be a transition period for the next year or more, losing electric vehicle incentives in the US and needing time to roll out autonomous vehicles, the chief executive officer said. “Yeah, we probably could have a few rough quarters,” Musk said. “But once you get to autonomy at scale in the second half of next year, certainly by the end of next year, I would be surprised if Tesla’s economics are not very compelling.”- Intel (INTC) gave a stronger-than-anticipated revenue forecast for the current period, offering investors a glimmer of hope as they wait for a turnaround under new Chief Executive Officer Lip-Bu Tan. Third-quarter sales will be $12.6 billion to $13.6 billion, the company said in a statement Thursday. Analysts on average had projected a number at the low end of that range. Intel is benefiting from a resurgence in the personal-computer industry, driven in part by manufacturers’ efforts to build up inventory before tariffs hit. But the Silicon Valley pioneer still faces a variety of challenges. It has lost market share to rivals and is struggling to attract customers to its foundry business, which makes chips for outside clients. It also lacks products that can satisfy the massive demand for AI systems. Shares of Intel rose after the bell.See omnystudio.com/listener for privacy information.

On this edition of Stock Movers:- Tesla (TSLA) shares are tumbling after the company reported a second straight quarter of declining auto sales. CEO Elon Musk warned of difficult times ahead for Tesla Inc. following one of the carmaker’s worst stretches since it first started producing electric sedans over a dozen years ago. Tesla will be in a transition period for the next year or more, losing electric vehicle incentives in the US and needing time to roll out autonomous vehicles, the chief executive officer said. "We probably could have a few rough quarters,” Musk said. “But once you get to autonomy at scale in the second half of next year, certainly by the end of next year, I would be surprised if Tesla’s economics are not very compelling.” Tesla shares fell as Musk spoke after the close of US trading. The move carried over into Thursday, with the stock dropping as much as 9.5% shortly after the open.- UnitedHealth Group Inc. (UNH) shares fell after the insurance giant is responding to criminal and civil requests from the US Department of Justice about its Medicare practices, the company said, confirming reports of probes that have added to mounting challenges for the largest US health insurer. The company is cooperating with the department and has “full confidence” in its practices, UnitedHealth said in a filing Thursday. The company contacted the Justice Department after reports of the investigations surfaced in the media, and received the requests after reaching out, the company said. “The company has a long record of responsible conduct and effective compliance,” UnitedHealth said in the filing. Shares fell 3.3% at the start of regular trading in New York on Thursday.- Chipotle Mexican Grill Inc. (CMG) shares plunged after the restaurant chain is cutting its annual outlook for the second time this year, suggesting that honey chicken and burrito giveaways haven’t been enough to offset a traffic slump that the company attributed to economic anxiety. Sales at established restaurants are now expected to be about flat for the full year, the company said Wednesday. It previously forecast the metric would expand by a low-single digit. The shares tumbled as much as 14% in New York, their biggest intraday drop since March 2020. The stock was down 12% this year through Wednesday’s close, among the worst performers in US restaurants.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Alphabet (GOOGL) shares rise after the company said demand for artificial intelligence products boosted quarterly sales, and now requires an extreme increase in capital spending — heightening pressure on the company to justify the cost of keeping up in the AI race.- Las Vegas Sands (LVS) shares climb after the casino and resorts operator reported adjusted earnings per share for the second quarter that beat the average analyst estimate. Analysts attribute the beat to a solid performance in Singapore offsetting weakness in Macau. - UnitedHealth (UNH) shares fall. UnitedHealth is responding to criminal and civil requests from the US Department of Justice about its Medicare practices, the company said, and has "full confidence" in its practices.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- American Eagle (AEO) shares gain after the apparel retailer announced a campaign headlined by actress Sydney Sweeney. The campaign was announced during the trading day on Wednesday; shares closed up 6.2%- Tesla (TSLA) shares fall after Elon Musk warned of difficult times ahead for Tesla Inc. following one of the carmaker’s worst stretches since it first started producing electric sedans over a dozen years ago.- Chipotle (CMG) shares sink. The restaurant chain cut its full-year outlook for the second time this year. Analysts note that a weaker comparable store sales in the quarter pressured its full-year sales outlook.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- American Airlines (AAL) is lower after it reinstated annual earnings guidance in a lower range than expected, with results for 2025 ranging from an adjusted loss of 20 cents a share to a profit of as much as 80 cents. The carrier's outlook for the rest of the year diverged from new forecasts from United Airlines Holdings Inc. and Delta Air Lines Inc. as businesses and consumers resume travel.- Chipotle (CMG) is down after it cut its annual outlook for the second time this year, citing a traffic slump attributed to economic anxiety. The company said sales at established restaurants are now expected to be about flat for the full year, after previously forecasting a low-single digit expansion. CEO Scott Boatwright said lower-income consumers are under pressure and looking for value, disregarding Chipotle's key selling points such as quality, fresh, and abundance.- American Eagle (AEO) shares jump 16% in premarket trading on Thursday, putting the stock on track to extend gains, after the apparel retailer announced a campaign headlined by actress Sydney Sweeney. The stock move accelerated during after-hours trading and continued to rally Thursday morning, soaring as much as 25% premarket before paring some of those gains.- IBM (IBM) is lower this morning after it reported weaker-than-expected sales in its software segment, with second-quarter software unit sales increasing 10% to $7.39 billion. The company's management has heralded software and services as the path to rejuvenation, with software now more than 40% of the company's annual revenue, and bookings for the AI business have exceeded $7.5 billion since mid-2023.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Alphabet (GOOG) is trending higher after yesterday's earnings beat. Alphabet said demand for artificial intelligence products boosted quarterly sales, and now requires an extreme increase in capital spending. CEO Sundar Pichai explained that the investments are necessary in order to keep up with customer needs, saying "Our AI infrastructure investments are crucial to meeting the growth in demand from cloud customers". Chipmakers Nvidia (NVDA) and Broadcom (AVGO) are rising on this news.- Tesla (TSLA) is lower in premarket trading after seeing a decline yesterday from its earnings miss. CEO Elon Musk did warn of difficult times ahead for Tesla after one of the automaker’s worst quarters in over a decade. Musk said Tesla will be in a transition period for the next year or more, losing electric vehicle incentives in the US and needing time to roll out autonomous vehicles.- IBM (IBM) is lower this morning after it reported weaker-than-expected sales in its software segment, with second-quarter software unit sales increasing 10% to $7.39 billion. The company's management has heralded software and services as the path to rejuvenation, with software now more than 40% of the company's annual revenue, and bookings for the AI business have exceeded $7.5 billion since mid-2023.- T-Mobile (TMUS) is higher this morning as it reported more new subscribers than analysts were expecting in the second quarter, with 830,000 new monthly phone customers. T-Mobile's CEO Mike Sievert said the company's satellite-based texting and data service will help attract and retain customers in the long term, and the company raised its full-year guidance due to its joint venture with KKR & Co.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Reckitt's shares surged to the highest in almost 17 months after the consumer goods company said its biggest brands will grow more than forecast, a sign its plan to revive the business is working.- STMicro's shares plunged the most in a year after the chipmaker posted a surprise loss due to restructuring charges.- BNP Paribas reported better-than-expected profit as the French lender got a boost from its fixed-income traders while equities slumped in the volatility triggered by the US tariff announcements.See omnystudio.com/listener for privacy information.

On this edition of Stock Movers:   - Meme stock mania is spreading to a growing number of speculative stocks, underscoring the appetite among retail traders for riskier bets even with the market at all-time highs. Chatter across social media platforms first fixed on Opendoor Technologies Inc. (OPEN) but has since expanded to other heavily discounted names like Kohl’s Corp. (KSS), GoPro Inc. (GPRO) and Krispy Kreme Inc. (DNUT), sending them all flying to eye-popping rallies. While the number of stocks being drawn into the frenzy is growing, the rallies have been volatile and often short lived, raising questions about whether the companies will be able to take advantage of their elevated share prices to raise fresh capital, the way that AMC Entertainment Holdings Inc. (AMC) and GameStop Corp. (GME) did during the original meme stock craze of 2021. Krispy Kreme, for example, rose as much as 39% when the market opened Wednesday, but closed just 4.6% higher.   - Thermo Fisher (TMO) shares jumped after the company raised its full year outlook as it no longer expects tariffs to bite as much as when it issued the forecast. "The US-China tariff situation has improved significantly versus our prior guidance assumptions,” Chief Financial Officer Stephen Williamson said during a call with analysts. “We reflected the Q2 benefit of that in our revised guidance. "Sales will be $43.6 billion to $44.2 billion this year, up $120 million from its previous view, Williamson said during a conference call. Analysts had expected $43.7 billion. The company also raised its profit view by 23 cents at the mid-point of its new target range.   - Chipotle Mexican Grill (CMG) shares tumbled after the restaurant chain cut its annual outlook for the second time this year, suggesting that honey chicken and burrito giveaways haven’t been enough to offset a traffic slump. Chipotle now expects sales at established restaurants to be about flat for the full year, the company said Wednesday. It previously forecast the metric would expand by a low-single digit. Chipotle had already cut its annual guidance earlier this year after economic uncertainty, among other factors, dinged results. The Mexican-inspired chain has deployed everything from a limited-time launch of honey chicken to an adobo ranch sauce and free food to reel customers in. But transactions still slumped, driving a comparable sales decline of 4% in the quarter, which was a steeper decline than analysts were expecting.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 Scarlet Fu, Vonnie Quinn, Carol Massar and Tim Stenovec.- Alphabet (GOOG) reported better-than-expected revenue but said 2025 capital expenditures will be higher than previously forecast, intensifying pressure on the company to justify the investments it is making to keep up in the AI race. Shares slipped about 2.8% in late trading after the search giant said capital expenditures would be $85 billion, compared to the $75 billion the company guided earlier this year. Second-quarter sales, excluding partner payouts, were $81.7 billion, the Google parent said Wednesday in a statement. Analysts had projected $79.6 billion on average, according to data compiled by Bloomberg. - Opendoor (OPEN) had a down day as the newest meme stocks see wild swings. Stocks are at all-time highs. Chatter on WallStreetBets is surging. Retail traders are flooding into low-priced shares. It’s not 2021, and the shares of the moment aren’t GameStop Corp., AMC Entertainment Holdings Inc. or the now-bankrupt Bed Bath & Beyond. In 2025’s meme stock mania, the companies du jour are Opendoor Technologies Inc. and Kohl’s Corp. The similarities are clear: Like the episode four years ago, which famously led Gabe Plotkin to shutter his hedge fund Melvin Capital Management, amateur traders are piling into heavily shorted companies with low share prices in a bid to strike quick riches. And, as was the case back then, it comes at a time of broad market euphoria: the S&P 500 is at an all-time high, Bitcoin has doubled in less than year and blank-check companies are all the rage again.- IBM (IBM) reported weaker-than-expected sales in its closely watched software segment, disappointing investors who have grown increasingly optimistic about the business.Second-quarter software unit sales increased 10% to $7.39 billion, slightly below analysts’ average estimate of $7.49 billion. The company’s consulting business, which has been experiencing a growth slump, generated a revenue bump of 3% to $5.31 billion.Investors have grown enthusiastic about IBM’s software business and the potential for future growth from artificial intelligence tools and quantum computing. The company’s management has heralded software and services as the path to rejuvenation since the 1990s. However, only recently under Chief Executive Officer Arvind Krishna has the approach really begun to materialize.See omnystudio.com/listener for privacy information.

On this edition of Stock Movers:- NIQ Global Intelligence (NIQ) shares slumped 3.6% after the company raised $1.05 billion in an initial public offering. Shares of the consumer intelligence data firm opened at $20.25 each on Wednesday as of 12:43 p.m. in New York, versus an IPO price of $21 apiece. The offering of 50 million shares was marketed in a range of $20 to $24 each. The trading gives the former consumer intelligence unit of Nielsen Holdings a market value of nearly $6 billion based on the outstanding shares listed in its filings.- Baker Hughes (BKR) shares stock surged after the company reported second quarter earnings that beat consensus estimates. - Otis Worldwide (OTIS) shares are down today as the elevator manufacturer cut its forecast for full-year sales and free cash flow after second quarter sales missed expectations. “We did not expect the company to reduce operational guidance by this much,” JPMorgan analyst Steve Tusa writes. Second-quarter sales disappointed, hurt by a decrease in new equipment sales in China and the Americas. New equipment sales in the quarter fell 10% from the year-ago period, hurt by China and the Americas; new equipment sales were down more than 20% in China.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- GoPro (GPRO) shares surge along with Krispy Kreme and Beyond Meat. Wall Street has been captivated in recent days by the resurgence in a handful of stocks popular on the WallStreetBets page of Reddit, known for sparking past bouts of meme-stock mania. Daniela Hathorn, senior market analyst at Capital.com, says the surges have been driven by a mix of social media buzz, short squeezes, and technical breakouts, despite little to no change in the companies’ underlying business fundamentals.- Morgan Stanley (MS) shares are little changed after news of being probed by the Financial Industry Regulatory Authority over its vetting of clients for the risk of money laundering. That's according to Wall Street Journal reporting.- Texas Instruments (TXN) shares plunge after the company issued a third-quarter forecast that was more guarded than some investors had anticipated. The main concern is whether tariffs and trade disputes will hurt a sales resurgence, with executives acknowledging they don't know how much of the 16% revenue jump came from tariff-related "pull in."See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Hasbro (HAS) shares jump after the toy company reported better-than-expected results for its second quarter, and boosted its full-year forecasts. This comes after after a record quarter for its Magic: The Gathering card game.- Texas Instruments (TXN) shares plunge after the company issued a third-quarter forecast that was more guarded than some investors had anticipated. The main concern is whether tariffs and trade disputes will hurt a sales resurgence, with executives acknowledging they don't know how much of the 16% revenue jump came from tariff-related "pull in."- Enphase Energy (ENPH) shares fall after the company said it sees the nation’s residential market shrinking 20% next year as tax credits for homeowners end under President Donald Trump’s economic legislation. Analysts at BloombergNEF expect residential solar installations to increase about 13% this year, but see the market shrinking by 35% in 2026.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Toyota (TM) shares are higher after President Trump agreed to a 15% tariff on automobiles imported from Japan, ending months of uncertainty and fueling a rally in shares of Japanese carmakers. The agreement should provide Japan’s automakers with relief and clarity, as they had been bracing for a 25% tariff on all cars and parts imported to the US, according to the text.- Texas Instruments (TXN) is plunging after the company issued a third-quarter forecast that was more guarded than some investors had anticipated. The main concern is whether tariffs and trade disputes will hurt a sales resurgence, with executives acknowledging they don't know how much of the 16% revenue jump came from tariff-related "pull in."- GoPro (GPRO) 1-800-Flowers.com (FLWS) and Krispy Kreme (DNUT) are all soaring in early trading on meme stock mania. Daniela Hathorn, senior market analyst at Capital.com, says the surges have been driven by a mix of social media buzz, short squeezes, and technical breakouts, despite little to no change in the companies' underlying business fundamentals. Hathorn adds, "Krispy Kreme seems to be the latest addition to the frenzy", with no significant news to justify the rally, just "sheer retail momentum".See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- AT&T (T) is lower even though it posted an earnings beat this morning. AT&T reported second-quarter results that mostly exceeded Wall Street estimates, including faster-than-expected growth in wireless phone subscribers. The company added mobile-phone customers and picked up new customers for its "Internet Air" fixed-wireless offering, topping market expectations. Its competitor Verizon posted poor subscriber numbers earlier.- GE Vernova (GEV) is higher this morning after it forecast revenue for the full year of high end of $36 billion to $37 billion, saw $36 billion to $37 billion. Positive free cash flow was driven by stronger adjusted EBITDA but decreased y/y due to a nonrecurring arbitration refund received in 2Q24 and lower positive benefit from working capital- Texas Instruments (TXN) is plunging after the company issued a third-quarter forecast that was more guarded than some investors had anticipated. The main concern is whether tariffs and trade disputes will hurt a sales resurgence, with executives acknowledging they don't know how much of the 16% revenue jump came from tariff-related "pull in."- GoPro (GPRO) 1-800-Flowers.com (FLWS) and Krispy Kreme (DNUT) are all soaring in early trading on meme stock mania. Daniela Hathorn, senior market analyst at Capital.com, says the surges have been driven by a mix of social media buzz, short squeezes, and technical breakouts, despite little to no change in the companies' underlying business fundamentals. Hathorn adds, "Krispy Kreme seems to be the latest addition to the frenzy", with no significant news to justify the rally, just "sheer retail momentum".See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:   - UniCredit SpA raised its outlook for full-year profit and shareholder distributions, giving a boost to Chief Executive Officer Andrea Orcel after the failed bid for rival Banco BPM SpA. The Milan-based lender on Wednesday lifted its guidance for profit this year to about €10.5 billion ($12.3 billion), from more than €9.3 billion previously, and said it would reach at least €11 billion by 2027. It plans to return at least €9.5 billion to shareholders in 2025. UniCredit shares rose 3.1% at 9:18 a.m. in Milan, bringing gains this year to 56%.   - Dassault Aviation shares drop as much as 7%, the most since mid-May, after its first-half sales and profit missed expectations, with the French airplane maker’s private jet unit affected by supply chain issues and the threat of tariffs. Bernstein says that with the stock having recently been near record highs, the market reaction may be “amplified.”   - SAP SE shares fell after the German software company flagged tariff insecurities and currency fluctuations as a concern even as cloud revenue posted solid growth.Cloud and software revenue increased 11% to €7.97 billion ($9.4 billion) in the period ended June 30, the Walldorf, Germany-based company said Tuesday in a statement. That missed analysts’ average estimate of €7.99 billion, according to data compiled by Bloomberg. SAP shares fell 3.7% to €249.80 at 9:19 a.m. in Frankfurt on Wednesday.See omnystudio.com/listener for privacy information.

On this edition of Stock Movers:- D.R. Horton (DHI) shares rose the most in more than five years as the homebuilder posted earnings that beat expectations even as the US housing market remains sluggish. Horton shares surged as much as 14% after the company released results for the fiscal third quarter, the biggest intraday gain since April 2020. The builder’s stock had slipped more than 6% this year through Monday’s close. The company’s profit, orders and home closings beat analyst estimates, sending the stock higher.- Philip Morris (PM) shares fell after shipments of its Zyn nicotine pouches accelerated by less than analysts had expected. Zyn shipments reached 191.3 million cans in the Americas in the second quarter, below expectations. Net revenue also missed estimates, while the company also lowered its outlook for total product shipments, dragged down by cigarettes. Shares of Philip Morris fell as much as 9.8% in New York, their biggest intraday drop since early in the pandemic in March 2020. They had soared 50% so far this year through Monday’s close.- Northrop Grumman (NOC) shares rose today after the company raised its earnings guidance for the full year after getting a boost from its Sentinel ballistic missile and B-21 bomber programs. The maker of the B-2 bomber, which was used in the recent Iran campaign, now predicts annual profit per share of $25.00 to $25.40. The company also narrowed its full-year revenue forecast to between $42.05 billion and $42.25 billion, according to a statement on Tuesday. Shares of the defense company surged as much as 10% at the open, the most since Oct. 2023Northrop reported adjusted earnings of $8.15 a share for the quarter, while its operating profit was $1.43 billion. That’s better than the $6.80 earnings per share and the $1.18 billion operating profit that analysts had expected.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, Scarlet Fu, Carol Massar and Tim Stenovec.- Texas Instruments (TXI), a key chipmaker for producers of cars and factory equipment, declined in late trading after giving a revenue forecast that fell short of the most bullish estimates. Revenue will be $4.45 billion to $4.8 billion in the third quarter, the company said in a statement Tuesday. Though the average analyst estimate was $4.57 billion, some projections reached $4.8 billion. Profit in the period will be roughly $1.48, the company said, slightly below the average estimate.The outlook raises concern that a resurgence in spending, particularly among automotive and industrial customers, isn’t arriving as quickly as hoped. Many buyers had been holding off on orders while they worked through a stockpile of existing inventory. Texas Instruments also said that its forecast “does not include changes related to recently enacted US tax legislation.” Capital spending, meanwhile, grew more than expected last quarter.- Lockheed Martin (LMT) shares dropped after it caught investors off guard with $1.6 billion in charges and a possible tax hit that sent its stock tumbling, the latest setback for the defense giant whose popular F-35 jet faces criticism over cost overruns and delays. The company’s shares plunged more than 9% on Tuesday - the biggest drop since January - after the world’s largest defense contractor reported earnings that missed analyst estimates and lowered its outlook for the year. At issue, the company said, were program losses that included a classified aeronautics program, and separate helicopter development efforts for the Canadian and Turkish governments. It also flagged $169 million of charges related to losing out on the US Air Force’s F-47 fighter jet contract that went to Boeing Co., and other newly identified risks. Lockheed also cautioned it faces a potential $4.6 billion in additional taxes owed after an accounting change, although it is contesting the matter with the Internal Revenue Service.- GM (GM) shares slid after it said it suffered a $1.1 billion profit hit from Donald Trump’s tariffs and revealed no plan for a near-term fix to return to pre-tariff profit levels.The Detroit-based automaker said Tuesday it earned $2.53 per share on an adjusted basis, above the Bloomberg consensus forecast of $2.33 but short of the $3.06 it made a year ago. GM’s profits also suffered from higher warranty costs and a buildup in inventory of electric vehicles, which are set to lose federal subsidies under Trump’s recently passed budget bill. GM’s results showcase the difficulty automakers face to maintain profits in an environment that newly penalizes globally integrated parts supply chains and cross-border vehicle sales. Even though the automaker beat profit expectations, earnings in its all-important US business suffered from import duties on vehicles made in China, Mexico and South Korea.See omnystudio.com/listener for privacy information.

On this edition of Stock Movers:- D.R. Horton (DHI) shares rose the most in more than five years as the homebuilder posted earnings that beat expectations even as the US housing market remains sluggish. Horton shares surged as much as 14% after the company released results for the fiscal third quarter, the biggest intraday gain since April 2020. The builder’s stock had slipped more than 6% this year through Monday’s close. The company’s profit, orders and home closings beat analyst estimates, sending the stock higher.- Lockheed Martin (LMT) shares declined today. This comes after the US defense contractor caught investors off guard with $1.6 billion in charges and a possible tax hit that sent its stock tumbling, the latest setback for the defense giant whose popular F-35 jet faces criticism over cost overruns and delays. The company’s shares plunged more than 9% on Tuesday - the biggest drop since January - after the world’s largest defense contractor reported earnings that missed analyst estimates and lowered its outlook for the year. At issue, the company said, were program losses that included a classified aeronautics program, and separate helicopter development efforts for the Canadian and Turkish governments. It also flagged $169 million of charges related to losing out on the US Air Force’s F-47 fighter jet contract that went to Boeing Co., and other newly identified risks. Lockheed also cautioned it faces a potential $4.6 billion in additional taxes owed after an accounting change, although it is contesting the matter with the Internal Revenue Service.- Kohl's (KSS) shares more than doubled Tuesday, minting it as the newest meme stock, amid an influx of mentions by retail traders on social media. The retailer’s stock price soared as much as 105% when the equity market opened, its largest one-day jump ever, bringing it to $21.39, a level last seen nearly a year ago. The shares were briefly halted for volatility after paring their gains and were up about 36% to more than $14 as of 11:13 a.m. in New York. Before Monday, the shares had been trading in the single digits since March 11. “It’s all social media chatter,” said Steve Sosnick of Interactive Brokers. “Remember that a highlight of the meme stock era was a dose of nostalgia for companies like GameStop and AMC. Social media chatter can become self-fulfilling.” A Kohl’s spokesperson didn’t immediately respond to a Bloomberg News request for comment.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:Circle Internet Group (CRCL) shares drop after the stablecoin issuer was downgraded to sell from neutral at Compass Point Research & Trading LLC, as it sees more competition for Circle now that the US stablecoin bill has passed.Opendoor Technologies (OPEN) shares surge. It extended its rally from last week, as investors continued to pile into the stock that has found a sudden fandom among retail traders and social-media platforms.Philip Morris (PM) shares fell after Zyn nicotine pouches shipments accelerated by less than analysts had expected. Citi analyst Simon Hales said "Underlying Zyn consumer off-take trends remain strong" but the volume miss is likely to weigh on the shares.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- General Motors (GM) shares fall. GM said it suffered a $1.1 billion profit hit from Donald Trump’s tariffs and revealed no plan for a near-term fix to return to pre-tariff profit levels.- Lockheed Martin (LMT) shares drop. Lockheed Martin Corp. reported second-quarter earnings that fell short of analyst estimates and lowered its outlook for the year after incurring $1.6 billion in charges on a classified program and its Sikorsky helicopter unit.- Lululemon Athletica (LULU) shares fall as JPMorgan cuts to neutral from overweight citing company-specific conversion rate headwinds and same-store-sales growth constraints in the Americas region.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- General Motors (GM) shares are lower after second-quarter profit fell as President Donald Trump’s tariffs on foreign-made vehicles and parts chopped $1.1 billion from adjusted earnings. TThe Detroit-based automaker said Tuesday it earned $2.53 per share on an adjusted basis, above the Bloomberg consensus forecast of $2.33 but short of the $3.06 it made a year ago.- Coca Cola (KO) is higher on an earnings beat. Comparable EPS came in at $0.87 per share, compared to the estimated $0.83 per share. The company posted second-quarter sales growth that beat Wall Street expectations as consumers continue to pay higher prices for the company’s soft drinks.- Opendoor Technologies (OPEN) is rising again premarket as the real estate buying Internet platform is serving as the latest surging meme stock. It soared as much as 121% on Monday, extending its rally from last week, as investors continued to pile into the stock that has found a sudden fandom among retail traders and social-media platforms.- NXP Semiconductors (NXPI) shares are sliding after the chipmaker's third-quarter forecast was less bullish than some investors had anticipated. The company's outlook suggests it is still contending with a turbulent industry, particularly in the automotive sector, which accounts for more than half of its revenue.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- General Motors (GM) shares are lower after second-quarter profit fell as President Donald Trump’s tariffs on foreign-made vehicles and parts chopped $1.1 billion from adjusted earnings. TThe Detroit-based automaker said Tuesday it earned $2.53 per share on an adjusted basis, above the Bloomberg consensus forecast of $2.33 but short of the $3.06 it made a year ago.- Coca Cola (KO) is higher on an earnings beat. Comparable EPS came in at $0.87 per share, compared to the estimated $0.83 per share. The company posted second-quarter sales growth that beat Wall Street expectations as consumers continue to pay higher prices for the company’s soft drinks.- Northrop Grumman (NOC) shares are rising after it raised its earnings guidance for the full year after getting a boost from its Sentinel ballistic missile and B-21 bomber programs. TThe maker of the B-2 bomber that was used in the recent Iran campaign now predicts annual profit per share of $25.00 to $25.40. The company also narrowed its full-year revenue forecast to between $42.05 billion and $42.25 billion, according to a statement on Tuesday.- RTX (RTX) shares are falling after missing on some headline earnings figures. RTX Corp cut its adjusted earnings per share guidance for the full year; the guidance missed the average analyst estimate.- Opendoor Technologies (OPEN) is rising again premarket as the real estate buying Internet platform is serving as the latest surging meme stock. It soared as much as 121% on Monday, extending its rally from last week, as investors continued to pile into the stock that has found a sudden fandom among retail traders and social-media platforms.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Greencore Group shares jump as much as 9.3%, trading at their highest level since January 2020, after the food manufacturer lifted its profit outlook for the year. Analysts at Jefferies say the firm’s growth is outpacing the wider grocery industry. The update has also lifted Bakkavor to an all—time high, with the firm in the process of being bought by Greencore. - AkzoNobel shares fall as much as 5.3%, the most since early April, with Morgan Stanley analysts calling it a “disappointing set of results” with pricing/mix coming in below their expectations. AkzoNobel cut its profit forecast for the year, as it factored the impact of currency headwinds into its guidance and warned of ongoing tariff uncertainty.The maker of Dulux paints now expects its 2025 adjusted earnings before interest, taxes, depreciation and amortization to be above €1.48 billion ($1.73 billion), according to a statement Tuesday. The firm previously guided for more than €1.55 billion.- Weaker demand in the auto and industrial segments could be a drag on sales for Infineon Technologies AG and STMicroelectronics NV. Last week, Renault SA slashed its guidance for this year’s operating margins because of intensifying competition and a decline in the auto market. Stellantis NV on Monday reported a surprise first-half net loss.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, Scarlet Fu, Carol Massar and Tim Stenovec.- Verizon (VZ) shares rallied after it posted second-quarter revenue that surpassed analysts’ estimates and raised its profit outlook, buoyed by wireless price increases and recent tax legislation. Operating revenue was $34.5 billion, up 5.2% from a year earlier, The New York-based carrier said in a statement. Wall Street had been expecting $33.7 billion, on average. Wireless service revenue, which excludes device purchases and upgrades, was $20.9 billion, in line with analysts’ projections. The strong performance, as well as “favorable tax reform,” led Verizon to boost some full-year guidance metrics, including adjusted earnings before interest, tax, depreciation and amortization and free cash flow. CEO Hans Vestberg said Verizon has “momentum and a clear path forward.”- Opendoor (OPEN) shares were halted for volatility during trading today, jumping as much as 121%, extending its gravity-defying rally from last week, as investors continued to pile into the stock that has found a sudden fandom among retail traders and social-media platforms. The stock’s triple-digit surge sent shares soaring to $4.97, well-above the $1 level it was bouncing around for the last few months. While shares in the online platform for buying and selling US real estate since pared their rally — closing around 43% higher — it’s still its sixth straight day of gains. Trading was briefly halted in the afternoon because of volatility. Opendoor has been the subject of chatter among retail traders on social media in recent days after Eric Jackson, founder of Toronto-based hedge fund EMJ Capital made a series of posts on social media platform X encouraging buying. It was listed as the topmost actively traded stock on Stocktwits Monday afternoon, and was being heavily cited by posters on Reddit’s WallStreetBets thread.- Lululemon (LULU) shares slipped today as the athleisure brand continues to suffer from slowing sales. Lululemon’s core black leggings, which are vital products that rarely are discounted, are piling up at outlet stores, according to Randal Konik, an analyst at Jefferies. That’s an alarming issue for Lululemon, he added, showing erosion in core demand for the brand’s clothes. “We’ve witnessed signals of a brand in decline and see risks to earnings ahead,” Konik said in a note to clients on Thursday. The analyst, a long-time critic of the company’s strategy, has had an underperform rating on Lululemon’s stock since 2022.See omnystudio.com/listener for privacy information.

On this edition of Stock Movers: - Block (XYZ) shares surged on the new it will join the S&P 500. Jack Dorsey's fintech firm will replace Hess in the benchmark. The changes will go into effect prior to the start of trading on July 23, according to a press release from S&P Dow Jones Indices Friday. Block, formerly known as Square, has evolved from a payments processor into a broader fintech player, offering peer-to-peer transfers, merchant services, and increasingly, consumer lending. Earlier this year, Block’s industrial bank subsidiary Square Financial Services Inc. received approval from the US Federal Deposit Insurance Corp. to begin offering consumer loans directly through the Cash App Borrow product. The company is also integrating Bitcoin payment capabilities into its Square terminals, reflecting Dorsey’s long-standing advocacy for Bitcoin. He remains an influential voice in the digital-asset world, recently sharing open-source coding projects on X.- Domino's Pizza (DPZ) shares are down. Earlier today, the restaurant operator reported second-quarter comparable sales growth that topped Wall Street expectations. Despite that, after the conference call, analysts weighed in on what might be pressuring the stock. “We think DPZ still has a strong year ahead of it and numbers seem beatable,” while stock reaction may be a function of “positioning, expectations, and broader QSR/pizza concerns,” Morgan Stanley’s Brian Harbour writes.- Invesco (IVZ) shares are up after after TD Cowen analyst Bill Katz raised the recommendation on the investment management company to buy from hold, calling its move to unlock fee revenue from the QQQ ETF a “game changing event.” The company is also set to report second quarter earnings tomorrow.See omnystudio.com/listener for privacy information.

On this edition of Stock Movers:- Verizon (VZ) posted second-quarter revenue that surpassed analysts’ estimates and raised its profit outlook, buoyed by wireless price increases and recent tax legislation. Operating revenue was $34.5 billion, up 5.2% from a year earlier, The New York-based carrier said in a statement. Wall Street had been expecting $33.7 billion, on average. Wireless service revenue, which excludes device purchases and upgrades, was $20.9 billion, in line with analysts’ projections. The strong performance, as well as “favorable tax reform,” led Verizon to boost some full-year guidance metrics, including adjusted earnings before interest, tax, depreciation and amortization and free cash flow. The shares rose as much as 4.7% Monday in New York, the most since January 2024. They are up 6.2% this year.- Microsoft (MFST) shares slid after it warned that hackers are actively targeting customers of its document management software SharePoint, with security researchers flagging the risk of potentially widespread breaches around the world. Vulnerabilities in the software have allowed hackers to access file systems and execute code, the US Cybersecurity and Infrastructure Security Agency warned on Sunday. While Microsoft said over the weekend that it had released a new patch for customers to apply to their SharePoint servers “to mitigate active attacks targeting on-premises servers,” the company was still working to roll out others to address ongoing security flaws.- Block (XYZ) shares surged on the new it will join the S&P 500. Jack Dorsey's fintech firm will replace Hess in the benchmark. The changes will go into effect prior to the start of trading on July 23, according to a press release from S&P Dow Jones Indices Friday. Block, formerly known as Square, has evolved from a payments processor into a broader fintech player, offering peer-to-peer transfers, merchant services, and increasingly, consumer lending. Earlier this year, Block’s industrial bank subsidiary Square Financial Services Inc. received approval from the US Federal Deposit Insurance Corp. to begin offering consumer loans directly through the Cash App Borrow product. The company is also integrating Bitcoin payment capabilities into its Square terminals, reflecting Dorsey’s long-standing advocacy for Bitcoin. He remains an influential voice in the digital-asset world, recently sharing open-source coding projects on X.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Verizon (VZ) shares gain after the company posted second-quarter revenue that surpassed analysts’ estimates and raised its profit outlook, buoyed by wireless price increases and recent tax legislation. - Dollar Tree (DLTR) shares rise after a couple of bullish analysts’ notes, including an upgrade from Barclays, and a Street-high PT boost from JPMorgan, which also added the retailer to its Analysts Favorites List.  - Target (TGT) shares dip after Barclays analyst Seth Sigman cut his recommendation on the retailer to underweight from equal-weight. In addition, his analysis points to continued underperformance in both consumables segment and in general merchandise, with trends appearing weakest among Target’s more frequent shoppers.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Microsoft (MSFT) shares fall after the company warned that hackers are actively targeting customers of its document management software SharePoint, with security researchers flagging the risk of potentially widespread breaches around the world.- Equinix (EQIX) shares rise. Elliott Investment Management has built up its stake in Equinix and is pushing the company to take steps to boost its share price, people with knowledge of the matter said.- Domino's (DPZ) shares climb after the restaurant operator reported second-quarter comparable sales growth that topped Wall Street expectations.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Verizon (VZ) is getting a lift this morning after the company raised its profit outlook. The company posted second-quarter revenue that surpassed analysts’ estimates, with operating revenue of $34.5 billion, up 5.2% from a year earlier. Verizon raised its profit outlook, citing "favorable tax reform" and strong performance, with Chief Executive Officer Hans Vestberg saying Verizon has "momentum and a clear path forward."- Stellantis (STLA) is fell to a three-month low after the maker of Fiat, Citroen and Jeep autos reported a preliminary first-half loss of €2.3 billion, due to restructuring expenses, waning sales and the impact of US tariffs. Bloomberg Intelligence analysts said the loss may reflect new CEO Antonio Filosa seeking to get all the bad news out of the way, to provide a low base to build from.- Domino's (DPZ) is higher as the restaurant operator reported second-quarter comparable sales growth that topped Wall Street expectations.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Verizon (VZ) is getting a lift this morning after the company raised its profit outlook. The company posted second-quarter revenue that surpassed analysts’ estimates, with operating revenue of $34.5 billion, up 5.2% from a year earlier. Verizon raised its profit outlook, citing "favorable tax reform" and strong performance, with Chief Executive Officer Hans Vestberg saying Verizon has "momentum and a clear path forward."- Stellantis (STLA) is fell to a three-month low after the maker of Fiat, Citroen and Jeep autos reported a preliminary first-half loss of €2.3 billion, due to restructuring expenses, waning sales and the impact of US tariffs. Bloomberg Intelligence analysts said the loss may reflect new CEO Antonio Filosa seeking to get all the bad news out of the way, to provide a low base to build from.- Domino's (DPZ) is higher as the restaurant operator reported second-quarter comparable sales growth that topped Wall Street expectations. - Block (XYZ) is surging as it's set to join the S&P 500 index, a milestone that underscores the growing influence of digital payments and crypto in mainstream finance. The fintech firm will replace Hess Corp. in the benchmark, following Chevron Corp.’s acquisition of the energy producer.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Ryanair Holdings Plc net income in the first quarter more than doubled, and the budget airline said it will recover most of the fare drop suffered last year. The stock jumped almost 10% at the open, its biggest gain in almost a month. Before today, shares of the carrier were already up 21% this year, while low-cost rivals EasyJet Plc and Wizz Air Holdings have dropped 11% and 27%, respectively. - Stellantis NV swung to a €2.3 billion ($2.7 billion) net loss in the first half as restructuring expenses, waning sales and the impact of US tariffs hit the struggling automaker. Car shipments fell 6% in the second quarter amid declines in North America and Europe. Stellantis shares fell 3.8% in Milan. The stock is down around 39% this year.- Covivio shares rise as much as 3.5%, the most in over three months, after the real estate investment trust raised its earnings outlook for the year. Analysts at Citi said the update supports its buy rating on the stock.See omnystudio.com/listener for privacy information.