Stock Movers

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 Emily Graffeo.- UnitedHealth (UNH) shares jumped after funds piled into the company, which has been hampered by a federal probe into its business practices and weakening results. Warren Buffett’s Berkshire Hathaway Inc. was among the investors, buying 5 million shares in the second quarter, according to a filing. David Tepper’s Appaloosa Management LP also invested, boosting its holdings of the health insurance giant by 2.3 million shares. The investments were a welcome reprieve for a company that had seen its stock fall 46% this year. The shares rose as much as 12.65% Friday, the most since March of 2020.- Intel (INTC) were still rallying on word the Trump administration is considering buying a stake in the troubled chipmaker. The latest reporting from Bloomberg is that the US government is considering using funds from the US Chips Act to take a stake in Intel Corp., according to people familiar with the discussions, part of efforts to rescue the embattled chipmaker and shore up domestic semiconductor manufacturing. The government’s talks focus on using Chips Act funding to at least partially finance an equity stake in Intel, the people said, while emphasizing that discussions are in early stages and other options could be under consideration. It’s unclear if the approach would involve converting some or all of Intel’s existing Chips Act grants into equity, allocating new funding from a broader pool or combining Chips Act money with other financing streams.- Applied Materials (AMAT) the largest American producer of chipmaking gear, plunged after giving a disappointing sales and profit forecast, renewing concerns that the US trade dispute with China is weighing on demand. Revenue will be approximately $6.7 billion in the fiscal fourth quarter, the company said in a statement Thursday. Analysts had estimated $7.32 billion on average. Profit will be about $2.11 a share, excluding some items, compared with a projection of $2.38. The company is seeing less demand from customers in China, Chief Executive Officer Gary Dickerson said in an interview. It also faces delays in approval for exporting technology to that country, he said. Moreover, large customers are putting off some purchases in the face of prolonged negotiations around tariffs and other economic issues.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Applied Materials (AMAT) shares fall after the company gave a disappointing sales and profit forecast, renewing concerns that the US trade dispute with China is weighing on demand. Chief Executive Officer Gary Dickerson said the company is seeing less demand from customers in China and faces delays in approval for exporting technology to that country.- Roblox (RBLX) shares fall following news that Louisiana Attorney General Liz Murrill had filed suit against the video-game company. TD Cowen affirmed a sell rating on the stock, and wrote that “regulatory risk is non-negligible” at the company.- UnitedHealth (UNH) shares surge after funds piled into the company, which has been hampered by a federal probe into its business practices and weakening results. The investments were a welcome reprieve for a company that had seen its stock fall 46% this year.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- UnitedHealth (UNH) shares surge after funds piled into the company, which has been hampered by a federal probe into its business practices and weakening results.The investments were a welcome reprieve for a company that had seen its stock fall 46% this year.- Lululemon (LULU) shares rise after Scion Asset Management took a new equity position in the athletic-wear maker and cut its position in Estee Lauder Cos., according to a Bloomberg analysis of the hedge fund manager’s 13F filing.- Joby Aviation (JOBY) shares gain after the air taxi company announced it successfully completed its first piloted flight between two airports.The stock has one analyst buy, six hold and two sell ratings with an average PT of $11, according to data compiled by Bloomberg.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- UnitedHealth Group (UNH) is surging along with homebuilders after Warren Buffett's Berkshire Hathaway Inc. bought shares of UnitedHealth Group Inc. in the second quarter, granting Berkshire a stake worth $1.6 billion. Berkshire also sold its stake in T-Mobile US Inc. and trimmed its holdings in Apple Inc. and Bank of America Corp. during the period. Lennar (LEN) is following UNH higher on the Berkshire bid.- Applied Materials (AMAT) is tumbling after it gave a disappointing sales and profit forecast, renewing concerns that the US trade dispute with China is weighing on demand. CEO Gary Dickerson said the company is seeing less demand from customers in China and faces delays in approval for exporting technology to that country- Intel (INTC) is higher on news the Trump administration is in talks with Intel Corp. to have the US government take a stake in the company, according to people familiar with the plan.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- UnitedHealth Group (UNH) is surging along with homebuilders after Warren Buffett's Berkshire Hathaway Inc. bought shares of UnitedHealth Group Inc. in the second quarter, granting Berkshire a stake worth $1.6 billion. Berkshire also sold its stake in T-Mobile US Inc. and trimmed its holdings in Apple Inc. and Bank of America Corp. during the period.- Lennar (LEN) is following UNH higher on the Berkshire bid. Health insurer UnitedHealth Group, as well as homebuilders Lennar and DR Horton rally after the latest 13F filing showed Warren Buffett’s Berkshire Hathaway bought shares in the companies during the second quarter.- Applied Materials (AMAT) is tumbling after it gave a disappointing sales and profit forecast, renewing concerns that the US trade dispute with China is weighing on demand. CEO Gary Dickerson said the company is seeing less demand from customers in China and faces delays in approval for exporting technology to that country- Intel (INTC) is higher on news the Trump administration is in talks with Intel Corp. to have the US government take a stake in the company, according to people familiar with the plan.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Pandora falls as much as 14%, the steepest drop since April, after the Danish maker of charm jewelry reported weaker-than-expected second-quarter revenue. Current trading news also disappointed analysts, triggering concerns as to whether the company will reach consensus expectations in the third quarter.- Orsted was downgraded to the lowest tier of investment grade by S&P Global Ratings on increasing risks to its US offshore wind business as the Trump Administration moves to halt the sector’s development.- European metals and mining stocks may move on Friday after a slew of negative data from China showed a slowdown across the country’s economy last month.See omnystudio.com/listener for privacy information.

On this edition of Stock Movers: - Intel (INTC) shares jumped today after Bloomberg News reported that the Trump administration is in talks with Intel Corp. to have the US government potentially take a stake in the beleaguered chipmaker, according to people familiar with the plan, in the latest sign of the White House’s willingness to blur the lines between state and industry. The deal would help shore up Intel’s planned factory hub in Ohio, said the people, who asked not to be identified because the deliberations are private. The company had once promised to turn that site into the world’s largest chipmaking facility, though it’s been repeatedly delayed. The size of the potential stake isn’t clear. The plans stem from a meeting this week between President Donald Trump and Intel Chief Executive Officer Lip-Bu Tan, the people said. While the details are still being sorted, the idea is for the US government to pay for the stake, one of the people said. Another cautioned that the plans remain fluid. - Applied Materials (AMAT) shares tumbled today as the largest American producer of chipmaking gear, plunged in late trading after giving a disappointing sales and profit forecast, renewing concerns that the US trade dispute with China is weighing on demand. Revenue will be approximately $6.7 billion in the fiscal fourth quarter, the company said in a statement Thursday. Analysts had estimated $7.32 billion on average. Profit will be about $2.11 a share, excluding some items, compared with a projection of $2.38. The company is seeing less demand from customers in China, Chief Executive Officer Gary Dickerson said in an interview. It also faces delays in approval for exporting technology to that country, he said. Moreover, large customers are putting off some purchases in the face of prolonged negotiations around tariffs and other economic issues. - TeraWulf (WULF) shares rose as much as 53%, the most since March 2022, after Google took the equivalent of an around 8% stake in the company as the Bitcoin miner and data center operator signed two 10-year high-performance computing co-location deals with AI cloud platform operator Fluidstack.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 Matt Miller, Katie Greifeld, Carol Massar and Tim Stenovec.- Intel (INTC) shares jumped on reports the Trump administration is in talks to have the US government potentially take a stake in the beleaguered chipmaker, according to people familiar with the plan, in the latest sign of the White House’s willingness to blur the lines between state and industry. The deal would help shore up Intel’s planned factory hub in Ohio, said the people, who asked not to be identified because the deliberations are private. The company had once promised to turn that site into the world’s largest chipmaking facility, though it’s been repeatedly delayed. The size of the potential stake isn’t clear. The plans stem from a meeting this week between President Donald Trump and Intel Chief Executive Officer Lip-Bu Tan, the people said. While the details are still being sorted, the idea is for the US government to pay for the stake, one of the people said. Another cautioned that the plans remain fluid.- Bullish (BLSH) shares still climbed on its second day of trading. Bullish, which counts former New York Stock Exchange president Tom Farley as its Chief Executive Officer, offers crypto spot trading, margin trading and derivatives trading, with a focus on institutional investors, the filings show. Its margin and derivatives products aren’t currently available in the US or to US users.- Tapestry (TPR) shares tumbled the most intraday since March 2020, after the owner of Coach and Kate Spade forecast adjusted earnings per share for 2026 that fell short of Wall Street’s high expectations. Shares have climbed 69% from April 9 to Wednesday’s close.See omnystudio.com/listener for privacy information.

On this edition of Stock Movers:- Shares of Deere & Co. (DE) tumbled the most in over three years as the world’s biggest farm machinery maker pared its annual earnings outlook with lower grain prices curbing growers’ spending. The farm-machinery sector has been expected to bottom out this year, but a bigger-than-expected American corn harvest and lagging demand for crops like soybeans amid President Donald Trump’s trade wars may be shifting that timeline. Sentiment among grain and livestock producers eased earlier this month as crop prices declined.- Tapestry (TPR) shares fell as much as 18%, the biggest intraday drop since 2020. This is because a mix of tariff costs and weakness at its Kate Spade brand sent investors fleeing on Thursday. The company’s Coach brand is still doing well, but US President Donald Trump’s tariffs weighed on a profit outlook that trailed estimates. Meanwhile, the lackluster performance of Kate Spade led Tapestry to write down its value by $855 million. Tapestry said it’s expecting earnings per diluted share between $5.30 to $5.45 in the current fiscal year. That would be a 4% to 7% increase versus the prior year. Analysts in a Bloomberg survey were expecting the profit metric to reach $5.49.- Bullish (BLSH) shares soared a day after the crypto exchange operator and CoinDesk owner raised $1.1 billion in an initial public offering.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Coherent (COHR) shares fall after the semiconductor device company gave an outlook that underwhelmed and which, according to some analysts, implied AI deceleration. The firm said it would sell its Aerospace and Defense- Deere (DE) shares slide as the world’s biggest farm machinery maker pared its full-year earnings outlook with lower grain prices curbing farmers’ spending. “Customers remain cautious amid ongoing uncertainty,” Deere said in a statement Thursday as the company announced third-quarter earnings.- Tapestry (TPR) shares fall as its' annual outlook for a key profit metric missed analysts’ forecasts due in part to tariffs. It's a sign that Wall Street is still adjusting to the full cost of duties for US firms.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Tapestry (TPR) shares fall as its' annual outlook for a key profit metric missed analysts’ forecasts due in part to tariffs. It's a sign that Wall Street is still adjusting to the full cost of duties for US firms.- Deere (DE) shares slide as the world’s biggest farm machinery maker pared its full-year earnings outlook with lower grain prices curbing farmers’ spending. “Customers remain cautious amid ongoing uncertainty,” Deere said in a statement Thursday as the company announced third-quarter earnings. - Cisco (CSCO) shares drop after the company gave a cautious forecast for the current fiscal year, with revenue expected to range from $59 billion to $60 billion. Chief Executive Officer Chuck Robbins said Federal business should return to growth during the new fiscal year, and the company will play a role in the Stargate project in the United Arab Emirates.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Deere (DE) fell in the premarket after the agricultural-equipment giant trimmed its net income forecast for the full year. The midpoint of the new range is below analysts’ expectations. The builder of the iconic green and yellow machines used to plant and harvest crops estimated 2025 net income between $4.75 billion and $5.25 billion. That’s down from a forecast in May for between $4.75 billion and $5.50 billion, and compares to a Bloomberg estimate for $5.08 billion.- Tapestry (TPR) is down with the company's EPS outlook includes a negative impact of 60 cents from higher duties, according to a statement, with Chief Financial Officer Scott Roe saying the "new information" on tariffs will have a "significant" effect. Tapestry is forecasting revenue of nearly $7.2 billion in the current fiscal year, which is slightly above analysts' expectations, with revenue at Coach rising 13% and falling 13% at Kate Spade in the most recent quarter.- Cisco (CSCO) is lower after the maker of networking equipment reported earnings that were largely in line with expectations. The company gave a cautious forecast for the current fiscal year.- Bullish (BLSH) is moving to the upside, jumping from the IPO price after the digital-asset exchange operator raised $1.1 billion in an initial public offering. The company's CEO, Tom Farley, says "credibility matters a lot" in the crypto industry and being a public company listed on the New York Stock Exchange gives additional credibilitySee omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Deere (DE) fell in the premarket after the agricultural-equipment giant trimmed its net income forecast for the full year. The midpoint of the new range is below analysts’ expectations. The builder of the iconic green and yellow machines used to plant and harvest crops estimated 2025 net income between $4.75 billion and $5.25 billion. That’s down from a forecast in May for between $4.75 billion and $5.50 billion, and compares to a Bloomberg estimate for $5.08 billion.- Cisco (CSCO) is lower after the maker of networking equipment reported earnings that were largely in line with expectations. The company gave a cautious forecast for the current fiscal year.- Bullish (BLSH) is moving to the upside, jumping from the IPO price after the digital-asset exchange operator raised $1.1 billion in an initial public offering. The company's CEO, Tom Farley, says "credibility matters a lot" in the crypto industry and being a public company listed on the New York Stock Exchange gives additional credibility.- Tapestry (TPR) is down with the company's EPS outlook includes a negative impact of 60 cents from higher duties, according to a statement, with Chief Financial Officer Scott Roe saying the "new information" on tariffs will have a "significant" effect. Tapestry is forecasting revenue of nearly $7.2 billion in the current fiscal year, which is slightly above analysts' expectations, with revenue at Coach rising 13% and falling 13% at Kate Spade in the most recent quarter.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Adyen shares slide as much as 19%, the most since 2023, after the payments firm toned down its sales growth outlook for the year, saying a prior view of full-year net revenue acceleration is “unlikely.”- UK insurer Aviva said its wealth arm saw net inflows in the first half of the year, with assets under management in the business rising by 16%. Shares rose as much as 3.7% in early London trading. - Thyssenkrupp shares fall as much as 12%, the most since May, after the German steel and engineering group cut its full-year guidance for sales and earnings, and posted a deeper third-quarter loss.See omnystudio.com/listener for privacy information.

On this edition of Stock Movers:- Bullish (BLSH) shares jumped 84% from the IPO price after the digital-asset exchange operator and owner of media outlet CoinDesk raised $1.1 billion in an initial public offering. Shares of the Cayman Islands-based company closed at $68 each on Wednesday in New York, nearly doubling its IPO price of $37 apiece. The offering was upsized earlier in the week to 30 million shares, and the price range was increased. The trading gives Bullish a market value of $9.9 billion based on the outstanding shares listed in its filing. The IPO ended more than 20 times oversubscribed, with about a third of orders receiving no shares at all, people familiar with the matter have said. - Walmart (WMT), Instacart (CART), and Kroger (KR) shares fell after Amazon.com Inc. announced plans to offer same-day grocery delivery in 2,300 cities by the end of the year. Customers will be able to order perishable items such as produce, dairy, meat, seafood and baked goods, alongside frozen foods and household items, the company said in a statement on Wednesday. Same-day grocery delivery is free for Amazon Prime subscribers on orders over $25 in most cities, it said. For non-members, the service carries a $12.99 fee, regardless of order size.- CoreWeave (CRWV) shares tumbled after the cloud-computing provider reported a wider quarterly loss and gave a disappointing earnings outlook, raising concerns about its rapid AI data center expansion pressuring profit margins. Third-quarter operating income will be $160 million to $190 million, the company said Tuesday, underwhelming investors looking to justify a near-quadrupling of its share price since its March debut. Costs are surging, and CoreWeave posted a loss of $131 million for the June quarter — more than 20 times bigger than the loss a year earlier.- Cisco Systems (CSCO) shares fell after the company gave a lukewarm forecast for the current fiscal year, disappointing investors who hoped for a boost from massive AI data center projects. Sales will be between $59 billion and $60 billion in the fiscal year that runs through July 2026, the company said in a statement Wednesday. At the midpoint, that’s roughly in line with the average Wall Street estimate of $59.5 billion, according to data compiled by Bloomberg. Some analysts, though, we’re looking for more than $61 billion.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, Matt Miller, Carol Massar and Tim Stenovec. - Paramount Skydance (PSKY) shares climbed in trading today adding to Tuesday’s 8.4% advance and making it one of today's top performers in the S&P 500. Paramount Skydance is the resulting company formed by Paramount Global’s merger with Skydance Media, which was approved by the FCC on July 25; the combined company began trading on Aug. 8. On Aug. 11, Paramount said it has acquired the exclusive rights to show all events from the Ultimate Fighting Championship in the US from TKO Group in a $7.7 billion, seven-year deal. - Bullish (BLSH) shares jumped 132% from the IPO price after the digital-asset exchange operator and owner of media outlet CoinDesk raised $1.1 billion in an initial public offering. The IPO was more than 20 times oversubscribed, people familiar with the matter have said. Bullish, which counts former New York Stock Exchange president Tom Farley as its Chief Executive Officer, offers crypto spot trading, margin trading and derivatives trading, with a focus on institutional investors, the filing shows. Its margin and derivatives products aren’t currently available in the US or to US users. - Cisco (CSCO) the largest maker of machines that run computer networks and the internet, gave a lukewarm forecast for the current fiscal year, disappointing investors who hoped for a boost from massive AI data center projects. Sales will be between $59 billion and $60 billion in the fiscal year that runs through July 2026, the company said in a statement Wednesday. At the midpoint, that’s roughly in line with the average Wall Street estimate of $59.5 billion, according to data compiled by Bloomberg. Some analysts, though, we’re looking for more than $61 billion.See omnystudio.com/listener for privacy information.

On this edition of Stock Movers:- Paramount Skydance (PSKY) shares climbed as much as 29% on Wednesday, adding to Tuesday’s 8.4% advance. The stock is the top performer today in the S&P 500. Paramount Skydance is the resulting company formed by Paramount Global’s merger with Skydance Media, which was approved by the FCC on July 25; the combined company began trading on Aug. 8. On Aug. 11, Paramount said it has acquired the exclusive rights to show all events from the Ultimate Fighting Championship in the US from TKO Group in a $7.7 billion, seven-year deal. In a research note dated Aug. 12, Evercore ISI media analyst Kutgun Maral wrote that Paramount Skydance’s UFC deal sends a “loud message to Hollywood, sports leagues, and Wall Street alike that the merged company is prepared to invest in its ambitions to empower its creative engines and scale Paramount+ globally”.- Amazon (AMZN) shares are rising after the company plans to offer same-day grocery delivery in 2,300 cities by the end of the year, more than doubling the current number and marking its latest attempt to muscle into the $1 trillion grocery industry led by its top retail competitor Walmart Inc. Customers will be able to order perishable items such as produce, dairy, meat, seafood and baked goods, alongside frozen foods and household items, the company said in a statement on Wednesday. Same-day grocery delivery is free for Amazon Prime subscribers on orders over $25 in most cities, it said. For non-members, the service carries a $12.99 fee, regardless of order size.- Cava Group (CAVA) shares plummeted after the company trimmed its annual sales guidance, as skittish diners spent less on restaurant meals. The fast-casual Mediterranean chain now says sales at established locations will expand 6% at most this year, while it previously forecast an increase of as much as 8%. The cut came after quarterly sales grew at the slowest rate since the first quarter of 2021, according to data compiled by Bloomberg.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Amazon (AMZN) shares rise. The company is now offering same-day grocery delivery in more than 1,000 cities and plans to bring the service to over 2,300 more by the end of the year, marking a major expansion as demand for food deliveries has remained resilient.- Cava Group (CAVA) shares plunge after the company trimmed its annual sales guidance, citing slower quarterly sales growth. The company now forecasts sales at established locations to expand at most 6% this year, down from a previous forecast of as much as 8%.- Capri Holdings (CPRI) rises as JPMorgan raised the Michael Kors owner to overweight from neutral, saying fewer markdowns and tariff mitigation measures are set to boost earnings.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Cava Group (CAVA) shares plunge after the company trimmed its annual sales guidance, citing slower quarterly sales growth. The company now forecasts sales at established locations to expand at most 6% this year, down from a previous forecast of as much as 8%.- On Holding (ONON) shares drop after Jefferies downgraded the Swiss sneaker maker and set a new Street-low price target, with analysts arguing sales growth is peaking and that valuation multiples will compress as growth slows. - CoreWeave (CRWV) shares fall after the cloud-computing provider reports a net loss for its second quarter that was wider than expected. Analysts are positive about the company’s revenue but note that it might have failed to live up to high investor expectations.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Cava Group (CAVA) is lower after trimmed its annual sales outlook after a sharp deceleration in the second quarter as diners spent less on restaurant meals. The fast-casual Mediterranean chain now says sales at established locations will expand 6% at most this year, while it previously forecast an increase of as much as 8%.- Brinker International (EAT) is higher after fourth-quarter earnings beat expectations with the Chili’s owner expecting that momentum to carry through in the next fiscal year, issuing an outlook eclipsing analyst predictions. The Dallas-based company sees fiscal 2026 adjusted earnings of $9.90 to $10.50 per share, above the $9.88 consensus projected. The company expects revenue of $5.6 billion to $5.7 billion, with the mid-point slightly higher than the $5.63 billion analysts anticipated. Shares briefly dipped in early premarket trading before turning positive.- CoreWeave (CRWV) shares are lower and continues its trend downward from after-market trading following a disappointing earnings outlook, reflecting margin pressures from a rapid AI datacenter expansion. The company expects third-quarter operating income of $160 million to $190 million and has seen costs surge, with a more than 20-fold jump in losses to $131 million for the June quarter.- Webtoon Entertainment (WBTN) soared in premarket trading on Wednesday after the company, which lets creators and users make and discover digital comics, announced a deal with Walt Disney to bring about 100 series to its English-language app. The firm also forecast revenue for the third quarter that beat the average analyst estimate.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Hanesbrands (HBI) is lower after Gildan Activewear Inc. agreed to buy US underwear maker Hanesbrands Inc. for about $2.2 billion in cash and stock, in its largest ever acquisition. Canada-based Gildan is offering Hanesbrands holders roughly $6 a share, based on the companies’ closing prices on Aug. 11, according to a statement Wednesday. Including debt, the deal values Hanesbrands at about $4.4 billion.- Palo Alto Networks (PANW) is the biggest upside mover in early trading. It got upgrades from Piper Sandler and Deutsche Bank, providing a pop to the stock.- Eli Lilly (LLY) is higher after uncertainty surrounding the stock yesterday. The company recently launched an injector pen for Mounjaro, its weight-loss drug, for its starting dose in India as it continues to expand output.- CoreWeave (CRWV) shares are lower and continues its trend downward from after-market trading following a disappointing earnings outlook, reflecting margin pressures from a rapid AI datacenter expansion. The company expects third-quarter operating income of $160 million to $190 million and has seen costs surge, with a more than 20-fold jump in losses to $131 million for the June quarter.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Evolution dropped as much as 7% after it was said to have run bets in banned markets. Current and former executives at the Stockholm-based online gambling company were secretly filmed describing how its casino games made their way illegally to countries such as Iran, Sudan and China.- Beazley fell as much as 6.5% following its interim results. The insurer reported pretax profit for the first half-year that beat the average analyst estimate.- Glanbia shares climbed as much as 12%, the most since late April, after the food nutrition company beat expectations in the first half and lifted its guidance for the full year.See omnystudio.com/listener for privacy information.

On this edition of Stock Movers:- CoreWeave (CRWV) shares dropped after the company posted steeper losses as it continued to build to meet demand from artificial intelligence developers. The company’s shares fell 5% in after-hours trading. Second-quarter adjusted net losses in the period steeped significantly to $130.8 million, compared to $5 million last year, it said in a statement Tuesday. Analysts had projected losses of $96.3 million. “We are scaling rapidly as we look to meet the unprecedented demand for AI,” Chief Executive Officer Michael Intrator said in the statement. Revenue tripled to $1.21 billion, the company said, ahead of expectations for $1.08 billion. - Cava Group (CAVA) shares plummeted after the company trimmed its annual sales outlook after a sharp deceleration in the second quarter as skittish diners spent less on restaurant meals, showing the pressure the brand is facing to keep up with its speedy growth in recent years. Cava’s shares fell about 23% in postmarket trading in New York on Tuesday, which would be its largest decrease on record if it holds through Wednesday’s close. The company’s stock declined roughly 25% this year through Tuesday’s close, compared with the 3.8% slump in the S&P 400 Consumer Discretionary Index. The fast-casual Mediterranean chain now says sales at established locations will expand 6% at most this year, while it previously forecast an increase of as much as 8%. The cut follows Cava’s slowest advance for that metric going back to the first quarter of 2021, according to data compiled by Bloomberg.- eToro (ETOR) shares fell after the trading and investment platform reported second-quarter results. TD Cowen called the print “uneven” as the adjusted earnings per share beat was driven by a low tax rate.See omnystudio.com/listener for privacy information.

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Vonnie Quinn, Carol Massar and David Gura.On this episode of Stock Movers:- United Airlines (UAL) and Delta Air Lines (DAL) were the top performers in the S&P 500 Tuesday as an unexpected pickup in airfares lifted airline stocks. Airline fares increased 4% month over month in July, according to the release Tuesday of the consumer price index, marking a sudden reversal after five consecutive monthly declines. It was the largest seasonally adjusted change in airfares since May 2022, according to the Bureau of Labor Statistics, which publishes the data. The news boosted airline stocks on Tuesday. United was up 9.9%, Delta gained 9.1%, American Airlines Group was climbing 11%, and Southwest Airlines was up 4.1%.- AST SpaceMobile (ASTS) shares rise over 13% in premarket trading after the satellite firm set out an ambitious plan to launch 45 to 60 satellites during 2025 and 2026. The firm also said it received two additional early-stage contracts for the US government.- Cardinal Health (CAH) agreed to purchase Solaris Health in a $1.9 billion deal, the company’s latest acquisition in the urology category and an expansion of its multispecialty strategy. “Urology is an attractive specialty for us,” said Jason Hollar, chief executive officer of Cardinal Health, in a statement. Among other recent urology acquisitions, Cardinal Health recently completed the purchase of Academic Urology & Urogynecology. Solaris Health has more than 750 providers in 14 states.See omnystudio.com/listener for privacy information.

On this edition of Stock Movers:- Paramount Skydance Corp. (PSKY) shares are rising after the company is being started with a buy rating and $13 price target at Guggenheim, which sees strong prospects for the media company following the completion of the merger between Paramount Global and Skydance Media. The company is “investing in growth businesses (studios, streaming, sports),” scaling its direct-to-consumer streaming business, and “driving efficiency enterprise-wide with a focus on long-term free cash flow generation,” writes analyst Michael Morris. PSKY getting the rights for the Ultimate Fighting Championship “aligns with management’s goal of a global, scaled service and strategy of leaning into premium sports content."- AST SpaceMobile (ASTS) shares climbed as much as 19% Tuesday after the satellite firm set out an ambitious plan to launch 45 to 60 satellites in 2025 and 2026. The firm also said it received two additional early-stage contracts for the US government.- Opendoor Technologies (OPEN) shares rallied today after cryptocurrency investor and influential newsletter writer and podcaster Anthony Pompliano said he’d bought shares in the digital real estate firm. Shares rose as much as 16% Tuesday after Pompliano, chief executive officer of ProCap Acquisition Corp., said in a post on X he’s an investor in the $1.8 billion company. Pompliano is a former employee of Facebook, now known as Meta Platforms Inc., who hosts podcasts on business and investing, writes a daily newsletter to 260,000 readers and has 1.7 million followers on X. Tuesday’s gains mark the latest advance for the San Francisco, California-based company after it ended last month with a record 245% surge, climbing above $2 from just about 60 cents. The stock was at the center of July’s retail trader frenzy after Eric Jackson, founder of Toronto-based hedge fund EMJ Capital Ltd, made a series of posts on social media encouraging buying. That sent shares flying by as much as 832% before paring gains, and sparked a broader rally in other highly-speculative names across the market.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Tilray Brands (TLRY) shares rise along with cannabis stocks after President Donald Trump said he was considering reclassifying marijuana as a less dangerous drug. - Gildan Activewear (GIL) shares fall as the company in advanced talks to buy US underwear maker Hanesbrands Inc., people familiar with the matter said, in what would be its largest ever acquisition.- Intel (INTC) shares are up after CEO Lip-Bu Tan's meeting with President Donald Trump. Trump called Intel C.E.O. a ‘Success’ After meeting.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Circle (CRCL) shares jump after the stablecoin issuer reported its first earnings as a public company. Second-quarter adjusted Ebitda and revenue beat the average analyst estimate.- Tilray Brands (TLRY) rises along with cannabis stocks after President Donald Trump said he was considering reclassifying marijuana as a less dangerous drug. - Venture Global (VG) jumps after the energy infrastructure company reported adjusted Ebitda for the second quarter that beat the average analyst estimate. See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Intel (INTC) is moving to the upside after President Trump said his Cabinet members would continue discussions with Lip-Bu Tan in the coming days after meeting with the Intel Corp. CEO at the White House. Intel said Tan and Trump discussed the company's "commitment to strengthening U.S. technology and manufacturing leadership" in a "candid and constructive" talk. Trump's remarks were a reversal from his earlier statement calling for Tan's resignation and accusing him of having conflicts of interest.- Nvidia (NVDA) is lower on news China urged local companies to avoid using Nvidia Corp.'s H20 processors, particularly for government-related purposes, according to people familiar with the matter. The guidance from Chinese authorities does not constitute an outright ban on H20 use, but rather discourages companies from using the chips, especially for government or national security-related work.- Hanesbrand (HBI) is soaring on news Canada’s Gildan Activewear Inc. is in advanced talks to buy US underwear maker Hanesbrands Inc., the FT reported, citing people familiar with the matter. The transaction could value Hanesbrands at almost $5 billion including debt and it may be agreed by the end of the week, the people told the FT, adding negotiations are not finalized and may still collapse. Shares in Hanesbrand had lost more than 40% this year through Monday, taking its market value to $1.7 billion. The US company had about $2.5 billion in debt as of June, the FT said.- Circle (CRCL) shares are jumped after the stablecoin issuer reported its first earnings as a public company. Second-quarter adjusted Ebitda and revenue beat the average analyst estimate.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Intel (INTC) is moving to the upside after President Trump said his Cabinet members would continue discussions with Lip-Bu Tan in the coming days after meeting with the Intel Corp. CEO at the White House. Intel said Tan and Trump discussed the company's "commitment to strengthening U.S. technology and manufacturing leadership" in a "candid and constructive" talk. Trump's remarks were a reversal from his earlier statement calling for Tan's resignation and accusing him of having conflicts of interest.- Nvidia (NVDA) is lower on news China urged local companies to avoid using Nvidia Corp.'s H20 processors, particularly for government-related purposes, according to people familiar with the matter. The guidance from Chinese authorities does not constitute an outright ban on H20 use, but rather discourages companies from using the chips, especially for government or national security-related work.- Apple (APPL) shares are lower this morning. It comes as the world's richest man Elon Musk accused Apple Inc. of favoring OpenAI, saying Apple makes it impossible for anyone other than OpenAI to reach the top of the App Store charts.- Bigbear.ai (BBAI) shares are sliding massively after the software company reported revenue for the second quarter that missed the average analyst estimate.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Vestas Wind Systems shares rose as much as 5.1% after the company won new orders in the US, which analysts at Citi said is being taken well by the market following the drop in the shares on Monday. - Spirax stocks rallied as much as 18%, marking the biggest jump on record, after the thermal energy and fluid technology company delivered results ahead of expectations in the first half. Citi said the update implies there is some upside potential to consensus estimates for the current year. - Bellway rose as much as 2.6% after it reported homes completed for the full year of 8,749 vs. 7,654 year on year.See omnystudio.com/listener for privacy information.

On this edition of Stock Movers:- TKO Group (TKO) shares advanced today after Paramount Skydance acquired the exclusive rights to show all events from the Ultimate Fighting Championship in the US over the next seven years, the companies announced Monday, a $7.7 billion deal designed to boost the Paramount+ streaming service. Paramount will offer the UFC’s 13 marquee events and 30 additional fight nights on its streaming service, while also showing select events on the CBS broadcast network, starting next year. UFC’s marquee events are typically numbered and feature title matches with top fighters, while fight nights usually involve up-and-comers or less prominent matchups. Paramount said it’s paying an average of $1.1 billion a year and will explore buying international rights in the future as they become available.- Tilray Brands (TLRY) and other shares of cannabis-linked companies rallied on Monday after President Donald Trump said he was considering reclassifying marijuana as a less dangerous drug, giving the sector a much needed boost.- Shares of chocolate makers Hershey (HSY) and Mondelez (MDLZ) are trading lower Monday as cocoa futures climbed the most since December amid dropping inventories and renewed concern about weaker West African crop forecasts in the coming season. Futures in New York surged as much as 11% on Monday before paring gains. US exchange cocoa stockpiles have been falling, while dry weather conditions in parts of the world’s top growing region are threatening the next cocoa season after the current mid-crop harvest has already been poorer than 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, Vonnie Quinn, Tim Stenovec and Isabelle Lee.- Intel (INTC) shares are trading higher Monday amid reports indicating CEO Lip-Bu Tan will meet with President Donald Trump. The meeting is expected to take place Monday at the White House. It comes four days after Trump called for Tan's resignation in a Truth Social post, describing him as "highly CONFLICTED" and alleging ties to Chinese semiconductor companies with connections to the country's military. The criticism followed a letter from Republican Senator Tom Cotton to Intel's board chairman seeking answers about Tan's business interests in China. Tan has said he has the full support of Intel's board and reached out to the White House to address what he described as "misinformation" about his record.- Shares of cannabis-linked companies rallied on Monday after President Donald Trump said he was considering reclassifying marijuana as a less dangerous drug — giving the sector a much needed boost. The stock of greenhouse production firm Village Farms International Inc. surged as much as 42% on Monday, its biggest intraday jump since June 2017. Tilray Brands Inc., (TLRY) Canopy Growth Corp., Aurora Cannabis Inc., SNDL Inc. and Cronos Group Inc. all climbed by double digits after the US president told reporters at the White House on Monday that he was looking at making the change over “the next few weeks.”- Dole (DOLE) shares fall 5.8% after the produce company cut is annual adjusted Ebitda forecast. Additionally, on the conference call, it said that industry specific challenges and less favorable weather conditions in much of Central America, as well as strong market demand, put pressure on industry supply and sourcing costs.See omnystudio.com/listener for privacy information.

On this edition of Stock Movers:- Nvidia (NVDA) shares are down right now while Advanced Micro Devices (AMD) shares are gaining. Both chip companies have agreed to pay 15% of their revenues from Chinese AI chip sales to the US government in an unusual deal that threatens to set a precedent for American companies doing business in the Asian nation. Meantime, President Donald Trump signaled on Monday that he’d be open to allowing Nvidia Corp. to sell a scaled-back version of its most advanced AI chip to China. Trump said he would consider a deal that would allow Nvidia to ship its Blackwell chips to China if the company could design it to be less advanced. “It’s possible I’d make a deal” on a “somewhat enhanced — in a negative way — Blackwell” processor, he said in a briefing with reporters. “In other words, take 30% to 50% off of it.”- General Motors (GM) shares are rising after the company is seeking to lure back some former employees of its defunct Cruise autonomous-vehicle business as part of a renewed push to develop a new driverless car, according to people familiar with the matter. This time around, the project would be focused on autonomous cars for personal use, rather than a robotaxi service, these people said. The first step is development of hands-free, eyes-free driving with a human in the vehicle, with the ultimate goal being a car that can drive with no one at the wheel, they said.- Shares of cannabis-linked companies rallied on Monday after President Donald Trump said he was considering reclassifying marijuana as a less dangerous drug — giving the sector a much needed boost. The stock of greenhouse production firm Village Farms International Inc. surged as much as 42% on Monday, its biggest intraday jump since June 2017. Tilray Brands Inc., Canopy Growth Corp., Aurora Cannabis Inc., SNDL Inc. and Cronos Group Inc. all climbed by double digits.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Elf Beauty (ELF) rises after as Morgan Stanley upgraded to overweight from equal-weight, as the bank sees consensus as being “materially too low.”- Coreweave (CRWV) rise ahead of earnings. The lockup period for CoreWeave stock tied to the company's initial public offering expires Thursday, earlier than usual.- Circle Internet (CRCL) shares rise ahead of earnings. Results are due before market open on 8/12.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Nivida (NVDA) shares fall. Semiconductor analysts are mixed on the news that Nvidia and Advanced Micro Devices will pay 15% of their revenues from Chinese AI chip sales to the US government in order to secure export licenses. While they see upside from the China market, they worry about the precedent.- Micron (MU) shares rise. Micron Technology Inc. raised its fiscal fourth-quarter revenue and earnings outlook, citing “improved pricing” for a key product. - Tilray Brands (TLRY) rises. Stocks of cannabis producers are climbing Monday morning after the Wall Street Journal reported that US President Donald Trump is considering reclassifying marijuana as a less dangerous drug.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Coinbase (COIN) is pushing higher along with the broader crypto space. Cryptocurrency-exposed stocks rally in premarket trading Monday as Bitcoin extended gains to rise to within striking distance of an all-time high.- Nvidia (NVDA) and Advanced Micro Devices (AMD) are slipping this morning on news both companies agreed to pay 15% of their revenues from Chinese AI chip sales to the US government in a deal to secure export licenses. The arrangement reflects President Trump’s effort to engineer a financial payout for America in return for concessions on trade, according to the text.- Rumble (RUM) shares climbed in premarket trading on Monday as the online video network platform announces its intent to buy AI firm Northern Data. Meanwhile, shares in Northern Data AG sink as much as 29%. "Rumble has notified Northern Data of its interest in a potential all-stock exchange offer for 100% of the outstanding shares of Northern Data,” the company said in a statement on Sunday- Monday.com (MNDY) posted better-than-expected financial results, but the shares are taking a dive in premarket trading due to Q3 guidance.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Coinbase (COIN) is pushing higher along with the broader crypto space. Cryptocurrency-exposed stocks rally in premarket trading Monday as Bitcoin extended gains to rise to within striking distance of an all-time high.- Nvidia (NVDA) and Advanced Micro Devices (AMD) are slipping this morning on news both companies agreed to pay 15% of their revenues from Chinese AI chip sales to the US government in a deal to secure export licenses. The arrangement reflects President Trump’s effort to engineer a financial payout for America in return for concessions on trade, according to the text.- Albermarle (ALB) shares are higher as the lithium markets soar after Contemporary Amperex Technology Co. Ltd. halted operations at a major mine in China, spurring speculation that Beijing might move to suspend other projects. The mine's closure had been under scrutiny amid speculation that authorities wouldn’t extend its license, and it accounts for some of global output, according to Bank of America Corp.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Shares in Danish company Orsted A/S dropped as much as 24% after it announced it will conduct a rights offering to raise as much as 60 billion Danish kroner ($9.4 billion).-S4 Capital, the advertising agency founded by Martin Sorrell, is in talks to combine with private equity-owned MSQ Partners.- European defense stocks are significantly underperforming on Monday morning, with markets looking to US President Donald Trump’s efforts to broker an agreement to end the war in Ukraine through a planned meeting with Russian President Vladimir Putin later this week.See omnystudio.com/listener for privacy information.

Walt Disney Co. disappointed Wall Street with a tepid full-year profit forecast, weighed down by its struggling movie and TV businesses.   Earnings should increase 18% to $5.85 share in fiscal 2025, excluding some costs, the company said Wednesday. That outlook was less than some analysts had been expecting and put a damper on a mostly positive third-quarter report that showed strength in theme parks and streaming, two growth businesses.    Disney expects to generate $1.3 billion of operating income from its direct-to-consumer streaming business in fiscal 2025, which ends in September, up from a previous forecast of $1 billion. Management also expects operating income from the parks business to increase 8% in the current fiscal year — at the top end of previous guidance.   Revenue from Disney’s traditional TV networks, which include ABC and National Geographic, fell 15% in the quarter to $2.27 billion. Operating income tumbled 28% to $697 million due to a decline in viewers and lower advertising rates.    The unit that includes the Disney film studios lost $21 million in the quarter, hurt by the disappointing theatrical performance of the Pixar film Elio and Thunderbolts* from Marvel Studios. The loss was likely due to write downs associated with those features, analysts at Barclays Research wrote in a note.   For analysis, Paul Sweeney and Isabelle Lee speak with Bloomberg Intelligence Senior Analyst Geetha Ranganathan.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Apple (AAPL) accounted for about a third of of the S&P 500’s weekly gain after announcing a further massive investment in US manufacturing, which should mitigate tariff costs over the longer term. - Eli Lilly (LLY) had its worst week since 2008 after investors reacted to disappointing data on weight loss pill. The new weight-loss pill had lower weight loss and higher rates of nausea and vomiting than anticipated in a study, according to the company. BMO analyst Evan Seigerman said of Lilly's pill, "What this shows to me is that it's still a good drug, but it's bound by the limitations of being a GLP-1" drug. Lilly Chief Scientific Medical Officer Daniel Skovronsky said, "I know Wall Street has kind of focused on the exact numbers here and making cross-trial comparisons, but I don't think that carries over to the real world at all," in response to the study's results. - Trade Desk (TTD) was down 39% today as analysts downgraded the stock amid growing fears that its advertising technology will be impacted by Amazon's offerings. The central concern for analysts is improvements Amazon has made to its demand-side platform, where advertisers buy ad space designed to reach relevant online audiences. According to Richard Greenfield, an analyst at Lightshed Partners, Trade Desk Chief Executive Officer Jeff Green's comments dismissing competition from Amazon "should scare any investor who owns Trade Desk stock or is thinking about investing in it".See omnystudio.com/listener for privacy information.

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Katie Griefeld, Scarlet Fu, Carol Massar and Jess Menton.On this episode of Stock Movers:- The Trump administration is considering selling shares of Fannie Mae (FNMA) and Freddie Mac (FMCC) in an offering that could start as early as this year, according to senior administration officials. The plan could value the government-controlled mortgage giants at some $500 billion or more and would involve selling between 5% and 15% of their stock with an offering expected to raise about $30 billion. No final decision has been made and President Donald Trump is still weighing his options, one official said. The Wall Street Journal earlier reported the news. Shares of both Fannie Mae and Freddie Mac surged as much as 22% in Friday trading, the most in more than two months.- Gilead Sciences (GILD) lifted its full-year outlook after strong HIV drug sales in the second quarter helped revenue and earnings modestly beat analyst expectations. The company now expects profit excluding some items will be as much as $8.25 a share this year, up from a prior forecast of as much as $8.10. The drugmaker also raised its guidance for annual product sales by about $100 million.- Under Armour (UAA) plummeted after forecasting worse-than-expected sales and profit for the current quarter, stalling a turnaround plan that was taking hold. The Baltimore, Maryland-based brand said revenue for its second quarter is expected to fall between 6% and 7%. Analysts on average projected a drop of almost 3%. Shares of the athletic-wear brand company dropped as much as 21% in New York. So far this year, the stock had declined almost 20% as of the close on Thursday.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Trade Desk (TTD) analysts are bailing on the one-time market favorite amid growing fears that its advertising technology will get steamrolled by Amazon.com Inc.’s offerings. At least four firms downgraded the stock in the wake of its results and forecast, which crystallized concerns over its growth prospects in a future where Amazon is a more pronounced player.- Sweetgreen (SG) is lower after it slashed its sales guidance after a second straight quarter of disappointing results, highlighting the salad chain’s struggles to sell $15 salads to budget-strained diners. CEO Jonathan Neman said the quarter’s performance reflected macroeconomic challenges and subdued trends in the industry, particularly in several of the company’s biggest urban markets. Sweetgreen is also discontinuing its ripple fries, Neman said, citing the complexity the menu item added to kitchens- Heartflow (HTFL) shares surged 66% after the artificial intelligence software platform focused on heart disease raised $317 million in its initial public offering. Shares of the Mountain View, California-based company traded at $31.49 each on Friday as of 1:01 p.m. in New York, versus an IPO price of $19 apiece. The offering of 16.67 million shares by the company priced above range, after the stock was marketed for $17 to $18 each. The trading gives Heartflow a market value of about $2.6 billion based on the outstanding shares listed in its filings.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Block (XYZ) shares rise after the company beat estimates and raised its full-year profit guidance. JPMorgan said the quarter was “impressive.”- Pinterest (PINS) shares slump after the search and discovery company reported adjusted second-quarter earnings that missed expectations. - Trade Desk (TTD) shares drop after the advertising technology company reported second-quarter results that spurred multiple downgrades. Firms note growing concerns about competition from Amazon.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Expedia (EXPE) are up after the online travel agency reported second-quarter results that beat expectations and raised its full-year forecast. Shares see likely resistance near $218 dating back to 2022’s previous record.- Under Armour (UAA) is lower after forecasting worse-than-expected sales and profit for the current quarter, stalling a turnaround plan that was taking hold. The Baltimore, Maryland-based brand said revenue for its second quarter is expected to fall between 6% and 7%. Analysts on average projected a drop of almost 3%. So far this year, the stock had declined almost 20% as of the close on Thursday.- Pinterest (PINS) slumped in premarket trading after the search and discovery company reported adjusted second-quarter earnings that missed expectations. It also gave an Ebitda outlook in the range of $282 million to $302 million, compared with the consensus analyst estimate of $292.4 million. Bloomberg Intelligence highlighted ad-pricing weakness as a headwind to growth.- Sweetgreen (SG) is lower after it slashed its sales guidance after a second straight quarter of disappointing results, highlighting the salad chain’s struggles to sell $15 salads to budget-strained diners. CEO Jonathan Neman said the quarter’s performance reflected macroeconomic challenges and subdued trends in the industry, particularly in several of the company’s biggest urban markets. Sweetgreen is also discontinuing its ripple fries, Neman said, citing the complexity the menu item added to kitchens.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Lockheed Martin (LMT) shares are higher with defense stocks potentially taking a hit from tariff clarity. India is reconsidering US weapons purchases. It comes as Swiss politicians are seeking to cancel an order of F-35A fighter jets from Lockheed Martin Corp after President Donald Trump imposed a 39% tariff rate on the country. The moves are in response to US tariff policy.- Monster Beverage (MNST) is the biggest volume mover in the premarket and is trading higher as sales surpassed expectations as more people consumed energy drinks. “Increased household penetration and per capita consumption of energy drinks remain positive trends for the category,” said Hilton Schlosberg, Monster’s Chief Executive Officer in a statement Thursday.- Gilead Sciences (GILD) shares are higher after it lifted its full-year outlook after strong HIV drug sales in the second quarter helped revenue and earnings modestly beat analyst expectations. Gilead’s HIV franchise continues to be a source of steady growth, with the HIV pill Biktarvy accounting for about half of the company’s revenue in the second quarter, and sales of the drug rose 9% to $3.53 billion.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Munich Re shares dropped as much as 6.9%, the most since April, after the firm cut its insurance revenue guidance for the full year, missing the average analyst estimate.- Kingspan dropped as much as 6.2% following its results. The building materials company forecast trading profit for the full year of about EU950 million, below estimates of EU983.8 million.- Novo Nordisk advanced as much as 4.6% after Intron Health upgraded its rating to hold from sell. The research firm sees the narrative probably being dominated by the potential upside for the Danish drugmaker following peer Eli Lilly’s disappointing data for its new weight-loss pill.See omnystudio.com/listener for privacy information.

On this edition of Stock Movers:- Live Nation (LYV) shares dipped in after hours trading. This comes after the Ticketmaster parent reported second quarter earnings beating Wall Street estimates, driven by strong demand for concerts. However, there is concern for consumer demand. Competitor Vivid Seats (SEAT) also reported earnings and provided a weak outlook for the US consumer. - Ralph Lauren (RL) shares dropped today after the company reported another quarter of robust growth, but cautioned it wasn’t sure how US consumers would respond to tariffs and price hikes in the second half of the year. “This quarter’s solid performance and our continued momentum give us confidence to raise our full-year outlook even as we remain cautious on the broader macro economic backdrop, primarily in the second half of the fiscal year,” Ralph Lauren Chief Financial Officer Justin Picicci told analysts during an earnings call. Shares fell as much as 7.9%, reversing gains in premarket trading. The stock had surged 31% this year through Wednesday’s close, topping the 7.9% gain for the S&P 500.- Crocs (CROX) shares slid as much as 29%, the most intraday since March 2020, after the footwear maker projected worse-than-expected sales and profit pressure for its third quarter. A full-year outlook was not provided, with management citing “continued uncertainty from evolving global trade policy and related pressures around the consumer.”See omnystudio.com/listener for privacy information.

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Scarlet Fu, Katie Griefeld, Carol Massar and Norah Mulinda.On this episode of Stock Movers, earnings after the bell from the following companies:Expedia (EXPE)Akimai (AKAM)Trade Desk (TTD) Tripadvisor (TRIP)Block (XYZ)RealReal (REAL)flutter (FLUT)Live Nation (LYV)GoDaddy (GDDY)Instacart (CART)See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Paycom (PAYC) reported second-quarter results that beat expectations and raised its full-year forecast. Analysts also see potential from an AI product. Our Bloomberg Intelligence team sees the results as positive, “the company appears to be on pace to meet customer-count estimates,” and “the launch of AI-driven IWant, which requires full suite access, could drive sales by encouraging wider product adoption across all modules”- Fortinet (FTNT) shares tumbled as much as 26% on Thursday, in biggest intraday fall since August 2023, after the software company gave an update to its firewall refresh cycle. At least five analysts downgraded their rating on the stock saying the product refresh cycle is now looking like a “much smaller catalyst than expected. Bloomberg Intelligence analyst Mandeep Singh says, “Fortinet is unlikely to see any big lift from its product refresh cycle amid expectations of muted services gains through 2H”- Eli Lilly (LLY) tumbled as disappointing data on its new weight-loss pill overshadowed strong growth from the company’s current obesity medicine, which helped drive it to raise its yearly profit and sales outlook. Lilly’s results from an obesity pill study, a drug key to unlocking billions of dollars of growth, didn’t perform as well as Wall Street expected. It resulted in lower weight loss and higher rates of nausea and vomiting than anticipated, side effects associated with so-called GLP-1 drugs. The data was a boon for rival Novo Nordisk. Lilly fell more than 10% when markets opened in New York on Thursday. Novo rose as much as 14.3% in Copenhagen, the most in almost four months.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Airbnb (ABNB) shares drop after the company warned that growth rates may not keep up later this year due to tough year-ago comparisons. Airbnb’s outlook, combined with a lukewarm forecast issued by online travel peer Booking Holdings Inc., underscored how broader economic uncertainty is weighing on travel demand.- DoorDash (DASH) shares gain after the company reported second-quarter results that beat expectations and gave a positive forecast for Marketplace gross order value. The company attributed its better-than-expected second-quarter results to a growing number of active customers and increased engagement, with "high levels of consumer engagement in the US" evident across many metrics.- Duolingo (DUOL) shares soar after the the language-learning software company reported second-quarter results that beat expectations on key metrics and raised its full-year forecast. The company cited better-than-expected performance of its subscription tiers over the second quarter.See omnystudio.com/listener for privacy information.