Stock Movers

On this episode of Stock Movers:- Home Depot (HD) shares rise after the company maintained its guidance for the fiscal year despite a 0.3% drop in comparable sales, as US sales ticked up due to smaller projects. The company's CFO attributed the sales slowdown to weather conditions in February, but noted that demand improved in March and April, and has continued into the current quarter.- Pfizer (PFE) shares rise after 3SBio agreed to grant an exclusive license to Pfizer to develop and manufacture its PD-1/VEGF bispecific antibody worldwide excluding mainland China, according to an exchange filing. 3SBio will receive an upfront payment of $1.25 billion and may receive potential payments totaling up to $4.8 billion under the license agreement.- AMER Sports (AS) shares climb after the maker of Wilson tennis rackets and Salomon ski boots boosted its adjusted profit forecast for the full year, and reported first-quarter results that topped expectations.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Home Depot (HD) shares rise after the company maintained its guidance for the fiscal year despite a 0.3% drop in comparable sales, as US sales ticked up due to smaller projects. The company's CFO attributed the sales slowdown to weather conditions in February, but noted that demand improved in March and April, and has continued into the current quarter.- Viking Holdings (VIK) shares tumble as analysts say its 2026 bookings forecast and pricing growth trends show a deceleration from 2025. This comes even as the company’s first-quarter revenue and adjusted Ebitda were ahead of expectations.- AMER Sports (AS) shares climb after the maker of Wilson tennis rackets and Salomon ski boots boosted its adjusted profit forecast for the full year, and reported first-quarter results that topped expectations.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Home Depot (HD) shares have swung this morning despite reporting earnings that fell short of estimates. Home Depot's sales came in shy of expectations, with comparable sales dropping 0.3% in the three months that ended May 4. The company's CFO attributed the slowdown to weakening consumer sentiment and economic turbulence, with consumers deferring larger projects due to the rate environment.- 3SBio (1530) shares have soared in Hong Kong after striking a licensing deal with Pfizer (PFE). Pfizer secrued exclusive global rights to 3SBio's cancer treatment candidate. It is a a licensing deal that could be worth $6.05 billion.- UnitedHealth Group (UNH) shares are up after extending a rebound yesterday from lows last week, climbing as much as 8.3% on Monday after newly appointed CEO Stephen J Hemsley and CFO John F Rex bought about $30 million worth of the stock, according to SEC filings. - Coinbase (COIN) is higher this morning in line with the Bitcoin trade. It comes as the US Senate overcame a procedural blockade on stablecoin legislation, paving the way for debate on the Senate floor, with a possible vote as soon as this week. The bill still faces opposition from progressive Democrats, who argue it lacks safeguards to prevent stablecoins from endangering the financial system and allowing criminals to exploit them.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Home Depot (HD) shares are rising this morning despite reporting earnings that fell short of estimates. Home Depot's sales came in shy of expectations, with comparable sales dropping 0.3% in the three months that ended May 4. The company's CFO attributed the slowdown to weakening consumer sentiment and economic turbulence, with consumers deferring larger projects due to the rate environment.- Lowe's (LOW) shares are sinking today as it readies to release its earnings. It comes as Home Depot warns of price pressure amid high rates and tariffs affecting DIY projects.- Nvidia (NVDA) is lower this morning as investors digest CEO Jensen Huang's comments that the chip maker is opening its AI server platform to rival chipmakers. In addition to that, Huang is saying the US government's decision to limit sales to Chinese customers would hurt revenue.- Coinbase (COIN) is higher this morning in line with the Bitcoin trade. It comes as the US Senate overcame a procedural blockade on stablecoin legislation, paving the way for debate on the Senate floor, with a possible vote as soon as this week. The bill still faces opposition from progressive Democrats, who argue it lacks safeguards to prevent stablecoins from endangering the financial system and allowing criminals to exploit them.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: European wind stocks rose after the Trump administration lifted an order that halted construction on Equinor’s $5 billion project off the coast of New York. European defense stocks could be in focus again on Tuesday after President Donald Trump said that Moscow and Kyiv would begin talks “immediately” on ending the war.  Greggs shares rose as much as 8.8% to a three-month high after the UK food-on-the-go retailer gave a trading update in which it said it is seeing an improved performance, and kept its expectations for the year unchanged. Analysts were positive that the sausage-roll and sandwich seller is seeing growth in like-for-like sales, with trends encouraging. See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - 23andMe (MEHCQ) shares are up as the bankrupt genetic-testing firm agreed to sell its data bank, which once contained DNA samples from about 15 million people, to the drug developer Regeneron Pharmaceuticals for $256 million. The sale comes after a wave of customers and government officials demanded that 23andMe protect the genetic data it had built up over the years by collecting saliva samples from customers. Regeneron pledged to comply with 23andMe’s privacy policy, which allows customers to have their personal information deleted upon request.- Reddit (RDDT) shares are down after the web forum operator is downgraded to equal-weight from overweight at Wells Fargo, with analysts saying that recent user disruptions are likely to be more permanent as Google “more aggressively” implements AI features in search. Wells Fargo analysts say change in search user behavior is accelerating with Google likely to integrate full AI search capabilities soon- Royal Caribbean Cruises Ltd. (RCL) shares are down. However, the company regained its investment-grade status on Monday after Moody’s Ratings upgraded the global cruise operator’s credit rating on a strong demand outlook and better credit metrics. Moody’s upgraded the cruise line one notch to Baa3, its lowest high-grade rating, from Ba1, its highest junk grade, according to a Monday statement. The action follows a similar move from S&P Global Ratings, which in February elevated Royal Caribbean to its lowest rung of investment-grade status.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, Alix Steel, Scarlet Fu, Carol Massar and Tim Stenovec. Novavax (NVAX) shares jumped as US regulators fully approved its Covid vaccine, easing investors’ concerns after the clearance was delayed and US Health and Human Services Secretary Robert F. Kennedy Jr. raised doubts about its efficacy. The US Food and Drug Administration cleared the shot for adults 65 and older and those ages 12 to 64 who have at least one underlying condition that puts them at high risk if they get the virus. The approval is a positive sign for other vaccine makers. It’s been unclear how their shots will fare under the leadership of Kennedy, a longtime vaccine critic. Paramount Group (PGRE) shares soared in trading today, in part on the word that the company's board is initiative a review and evaluation of strategic alternatives and named a new CFO.  Shake Shack (SHAK) shares slumped today after TD Cowen cut the recommendation on the burger fast food chain to hold from buy, citing an already high valuation amid a challenging consumer spending backdrop. “SHAK now trades in excess of the 3Y avg FY2 EV/EBITDA, leading us to believe the challenged restaurant spending backdrop limits further multiple expansion, particularly in the crowded burger category where the concept lacks category leadership,” analyst Andrew Charles wrote in a note. See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Walmart shares drop on the heals of a US credit downgrade from Moody’s, as President Donald Trump tells the retailer to “eat the tariffs.” Trump’s comments on Saturday are in response to Walmart’s statement on May 15 that tariffs and increasing economic turbulence means the world’s largest retailer will have to raise prices.- Netflix shares fall after the company is downgraded to neutral from overweight at JPMorgan, with analysts citing a more balanced risk-reward in the streaming service provider’s shares following their outperformance.- Reddit shares are after the web forum operator is downgraded to equal-weight from overweight at Wells Fargo, with analysts saying that recent user disruptions are likely to be more permanent as Google “more aggressively” implements AI features in search.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:Alibaba ADRs (BABA) shares fall following Hong Kong shares lower, after the New York Times reported that the Trump administration has raised concerns over Apple’s potential deal with the Chinese tech giant.Novavax (NVAX) shares rally after the US FDA approved the drugmaker’s Covid-19 vaccine for adults 65 years and older as well as those aged 12 to 64 years who have at least one medical condition that puts them at a higher risk of severe illness from Covid.Reddit (RDDT) shares are after the web forum operator is downgraded to equal-weight from overweight at Wells Fargo, with analysts saying that recent user disruptions are likely to be more permanent as Google “more aggressively” implements AI features in search.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Walmart (WMT) is ticking lower this morning as the retail giant warns of higher prices from tariffs. President Trump told Walmart to stop blaming tariffs for raising prices, citing the company's billions of dollars in profits last year. CFO John David Rainey said price increases will happen in May.- Nvidia (NVDA) shares are tumbling this morning as CEO Jensen Huang outlined plans to let customers deploy rivals’ chips in data centers built around its technology, a move that acknowledges the growth of in-house semiconductor development by major clients from Microsoft and Amazon. The announcement, made at Computex in Taiwan, is significant for the company, but the broader market decline overshadowed the news.- Home Depot (HD) shares are lower this morning as they are expected to report shrinking same-store sales due to tariff-fueled economic anxiety and consumer pullback, similar to earnings from Target, also set for this week. Still, Evercore ISI is adding Home Depot to the firm's "Tactical Outperform List" ahead of the company's Q1 earnings report.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Nvidia (NVDA) shares are tumbling this morning as CEO Jensen Huang outlined plans to let customers deploy rivals’ chips in data centers built around its technology, a move that acknowledges the growth of in-house semiconductor development by major clients from Microsoft and Amazon. The announcement, made at Computex in Taiwan, is significant for the company, but the broader market decline overshadowed the news.- Walmart (WMT) is ticking lower this morning as the retail giant warns of higher prices from tariffs. President Trump told Walmart to stop blaming tariffs for raising prices, citing the company's billions of dollars in profits last year. CFO John David Rainey said price increases will happen in May.- Diageo (DEO) shares are down in the premarket, citing a hit to its bottom line due to tariffs, but is reassuring investors that cost cuts could offset the damage. Diageo will cut costs by $500 million over three years to mitigate the impact of US trade tariffs, which will add $150 million in annual costs.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Ryanair signaled robust demand for travel this summer, with fares rising and Europeans sticking close to home for their holidays. - Diageo expects sales growth to improve in the second half of the year and set out a cost-cutting program, as the British distiller grapples with US tariffs on its shipments from the UK and Europe. - Shares in drug companies Roche and BioArctic may be active in Monday trading after US drug regulators approved the first blood test to help diagnose Alzheimer’s disease, potentially making it easier to find and treat patients.See omnystudio.com/listener for privacy information.

UnitedHealth Group Inc. (UNH) plummeted as much as 18% following a report that the insurer was under criminal investigation for possible Medicare fraud, adding to an already tumultuous week. The Justice Department has had a probe into the company’s Medicare Advantage business since at least last summer, the Wall Street Journal reported, citing unidentified people familiar with the matter. UnitedHealth shares dropped every day for the last eight trading sessions, including sinking more than 17% Tuesday when the company abruptly replaced its chief executive officer and suspended 2025 guidance. It has lost more than $110 billion in market value this week.  Legislation that House Republicans call "one big, beautiful bill" would extend Inflation Reduction Act Section 45X credits to 2031 and tweak section 45Z. First Solar shares have surged about 30% since the bill's introduction, as it alleviates fears that the IRA would be fully repealed as some Republican lawmakers had called for. Should the 45X provision that was included in IRA be reversed, First Solar's gross margin would drop to about 25% vs. about 44% in 2024, based analysis from Bloomberg Intelligence, with peers facing similar pullbacks. Super Micro Computer shares jumped after Saudi Arabia-based data center company DataVolt signed a multi-year partnership agreement with the beleaguered US server company. The stock has rallied more than 40% this week, notching the best week since November. The agreement should “fast-track delivery of ultra-dense GPU platforms and rack systems for DataVolt’s hyperscale AI campuses in the Kingdom of Saudi Arabia and the US,” the company said in a statement on Tuesday. See omnystudio.com/listener for privacy information.

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alix Steel, Scarlet Fu, Tim Stenovec and Emily Graffeo. CoreWeave (CRWV) shares surged 22% to a record high on Friday after Nvidia reported a larger-than-anticipated stake in the cloud-computing provider.Nvidia, the world’s most valuable chipmaker, disclosed a holding of 24.18 million shares, or about 7% of outstanding stock, as of March 31. That stake, included in a 13G filing on Thursday, compared with a 5.2% figure in CoreWeave’s prospectus. The amount shows how Nvidia supported CoreWeave’s late-March initial public offering, acquiring about 6 million shares to add to its existing holding. A representative for Santa Clara, California-based Nvidia declined to comment. Hershey (HSY) shares fell along with other confectionery companies like Mondelez as cocoa prices, a core ingredient in chocolate candy, surge to a three-month high on renewed supply fears as shipments from top grower Ivory Coast slow and dry weather threatens next season’s output. Despite recent rains in West Africa, drought still covers more than a third of Ghana and Ivory Coast, according to the African Flood and Drought Monitor. Wetter weather forecast for next week could bring some relief to both countries, but isn’t expected to eliminate the unusually dry conditions. Cava (CAVA) fell as much as 5.8% after the fast-casual chain reported first-quarter results and updated its outlook. Analysts say that while Cava’s report was positive relative to peers, the Mediterranean dining establishment needed stronger results to justify its premium valuation. Fast-food chains such as McDonald’s and Wendy’s have also said weaker consumer sentiment hurt results in their latest quarters. See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: Cava (CAVA) fell as much as 5.8% after the fast-casual chain reported first-quarter results and updated its outlook. Analysts say that while Cava’s report was positive relative to peers, the Mediterranean dining establishment needed stronger results to justify its premium valuation. Fast-food chains such as McDonald’s and Wendy’s have also said weaker consumer sentiment hurt results in their latest quarters.  Coinbase (COIN) shares bounced back, showing resiliency after a series of negative headlines. Shares of Coinbase are up more than 30% over the last five sessions, on track for the biggest weekly gain since President Donald Trump’s reelection, buoyed by an announcement Monday that the stock would replace Discover Financial Services in the index. It was a triumphant moment for the digital asset industry, as well as a stamp of approval for Coinbase itself. But Thursday’s revelation of a hack expected to cost the company $400 million and confirmation of reports that US regulators were investigating user figures marred Coinbase’s victory lap, denting an otherwise exuberant runup with a 7.2% drop in the stock. Applied Materials (AMAT) shares fell as much as 7.3% after the chip-equipment maker gave a lackluster forecast for the current period, highlighting the potential cost of the US trade dispute with China. Sales will be about $7.2 billion in the fiscal third quarter, plus or minus $500 million, the company said in a statement Thursday. That was roughly in line with Wall Street estimates, though some analysts projected as much as $7.4 billion. Profit will be approximately $2.35 a share. Applied Materials, the largest American maker of chipmaking gear, is adjusting to restrictions on sales to China, one of the biggest markets for their products. The impact of tariffs imposed by Washington also are making it more difficult to project future revenue. See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Nvidia shares rise and are on track for the best month in a year after a series of long-term sales agreements during President Donald Trump’s trip to the Middle East.Nvidia reports first week of June, but this past earnings season showed its biggest customers remain full-steam ahead on capital spending related to AI infrastructure- Estee Lauder shares rise after Michael Burry's Scion Asset Management doubled its position in the beauty company.Bloomberg Intelligence's Deborah Aitken said 3Q showed patches of promise, led by some share recovery in the US, China and Japan.- Charter Communications shares rise after it agreed to combine with Cox Communications in a cash-and-stock deal valued at about $34.5 billion that includes debt.The deal includes about $12.6 billion of net debt and $21.9 billion in equity.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Charter Communications (CHTR) is higher this morning after agreeing to merge with Cox Communications in a deal that values Cox at an enterprise value of about $34.5 billion. The deal comprised of $21.9 billion of equity and $12.6 billion of net debt and other obligations- Vistra (VST) is also up this morning on an M&A deal. It agreed to buy seven natural gas-fired power plants for $1.9 billion to feed the growing demand for electricity from artificial intelligence. The acquisition is part of a trend of power generators buying gas-fired plants to meet the anticipated demand from energy-intensive data centers running AI applications.- Applied Materials (AMAT) is lower this morning after forecasting sales of about $7.2 billion in the fiscal third quarter, with a profit of approximately $2.35 a share. The company is adjusting to restrictions on sales to China, one of its biggest markets, and the impact of US tariffs, which is making it harder to project future revenue. Despite uncertainty, Applied Materials' management believes the industry is in a historic period of expansion, driven by the rapid spread of semiconductors and the AI boom.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Charter Communications (CHTR) is higher this morning after agreeing to merge with Cox Communications in a deal that values Cox at an enterprise value of about $34.5 billion. The deal comprised of $21.9 billion of equity and $12.6 billion of net debt and other obligations- Vistra (VST) is also up this morning on an M&A deal. It agreed to buy seven natural gas-fired power plants for $1.9 billion to feed the growing demand for electricity from artificial intelligence. The acquisition is part of a trend of power generators buying gas-fired plants to meet the anticipated demand from energy-intensive data centers running AI applications.- Applied Materials (AMAT) is lower this morning after forecasting sales of about $7.2 billion in the fiscal third quarter, with a profit of approximately $2.35 a share. The company is adjusting to restrictions on sales to China, one of its biggest markets, and the impact of US tariffs, which is making it harder to project future revenue. Despite uncertainty, Applied Materials' management believes the industry is in a historic period of expansion, driven by the rapid spread of semiconductors and the AI boom.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Foot Locker (FL) shares surged as much as 85%, the biggest intraday gain on record, after Dick’s Sporting Goods (DKS) agreed to buy the sneaker retailer for $2.4 billion. Citi said positives of the tie up seemed clear, but noted there may be some regulatory hurdles. Meanwhile, Baird viewed the acquisition as a “major endorsement” of Nike’s turnaround.- CoreWeave (CRWV) shares slipped in after hours trading. The company, however, has secured a deal worth as much as $4 billion to provide additional cloud computing capacity to artificial intelligence leader OpenAI, expanding a tie-up between the two firms. The data center builder said in a filing Thursday that OpenAI will pay the sum through 2029. CoreWeave had disclosed a $4 billion deal on its earnings call late Wednesday but did not name the party, beyond describing it as an enterprise AI company.- Steris (STE) shares are up after the provider of infection prevention products reported life sciences revenue for the fourth quarter that beat the average analyst estimate.“FY25 operating margin and earnings finish on a high note,” Piper Sandler analysts including Jason Bednar wrote in a note. Solid, balanced revenue performance, margin and EPS upside is impressive and FY26 guidance bracketing Street is a nice starting point considering tariff absorption; shares should trade higher.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, Alix Steel, Scarlet Fu, Tim Stenovec and Emily Graffeo.  Foot Locker (FL) shares closed higher as investors celebrate Dick's Sports Goods reaching a deal to acquire it. Dick’s will pay $24 a share for Foot Locker, reflecting a premium of 86.5% on the closing share price on Wednesday, before news of the deal emerged. Shareholders in Foot Locker can also elect to receive Dick’s shares instead of cash.   Meta (META) shares declined on a report that the social networking company is delaying a flagship artificial intelligence model, sparking concerns about its AI push.Meta engineers are having trouble improving the capabilities of the software — a large language model known as “Behemoth” — the Wall Street Journal reported on Thursday. Behemoth’s release, already delayed until June, has now been postponed until fall or later, the newspaper said. Coinbase (COIN) shares dropped on series of headlines that have investors concerned. The New York Times reported the SEC is probing whether the crypto exchange misstated user numbers. We also learned that hackers had near-constant access to some of Coinbase’s most valuable customer data since January, according to a person familiar with the incident who asked not to be named discussing company matters. The largest US crypto exchange disclosed earlier on Thursday that hackers bribed customer representatives to steal the data and then demanded a $20 million ransom to delete it. Coinbase began noticing unusual activity from some of these representatives in January, the company confirmed in an interview with Bloomberg News. See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Dividend Paying Stocks featuring American Water Works (AWK), Procter & Gamble (P&G), and Coca-Cola (KO) are outperforming the S&P 500. This comes on the back of the manufacturing and the retail sales data released earlier today. It is also boosting the bets that there could potentially be two rate cuts from the Federal Reserve based on the swaps markets right now. - Walmart (WMT) shares are falling. While the retail company delivered another quarter of solid sales and earnings growth, they cautioned that tariffs and increasing economic turbulence means even the world’s largest retailer expects to raise prices. Sales rose 4.5% at US Walmart stores open at least a year for the quarter ended April 30, while adjusted earnings were 61 cents a share. The results are better than what Wall Street analysts were expecting, suggesting a decision to lower prices to win market share is paying off for the chain.- Deere & Co. (DE) shares hit a record high after earnings beat the highest of analyst estimates, even as the world’s largest farm machinery maker trimmed its profit outlook for the year due to the impact of Donald Trump’s tariffs. Investors are betting the worst is over for Deere as farm markets stabilize and frictions between China and the US over tariffs seem to be abating, paving the way for a recovery in sales next year.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Steris stocks rise after 4Q life sciences revenue beat average estimates. Piper Sandler analysts noted operating margin and earnings finish on a high note, the fact that its FY guidance for 2026 is bracketing Street estimates is a nice starting point considering it needed to absorb tariff impacts.Deere shares surge to a record after earnings beat the highest of analyst estimates. It trimmed profit outlook for the year. The farm economy has been challenged as tractor sales have been trending lower since a 2023 record as falling crop prices eroded farm income. Most observers expect the market to bottom out this year, with a rebound seen for 2026.T-Mobile shares rise after Deutsche Telekom first quarter profit topped estimates, showing resilience in its home market of Germany. The company raised its Ebitdaal forecast for the year to around €45 billion this year That reflects a similar move by T-Mobile in the US when it reported 1Q results last month .See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- UnitedHealth shares sink after a report that the insurer was under criminal investigation for possible Medicare fraud.On Tuesday, it sank more than 17% Tuesday when the company abruptly replaced its chief executive officer and suspended 2025 guidance.- Cisco shares rise after the company gave a revenue forecast for the quarter that looks solid and slightly exceeded analyst estimates.It got a boost from corporations and cloud computing providers expanding their networks in part to handle a surge in artificial intelligence software.- Walmart shares fall after the company reported another quarter of solid sales and earnings growth, but cautioned on tariffs and increasing economic turbulence, and that it expects to raise prices.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Walmart (WMT) shares are up this morning after delivering solid sales and earnings growth, but cautioned that tariffs and economic turbulence will lead to price increases starting this month. The company is bracing for a bigger hit from the trade war and overall economic malaise in the coming months, citing a "lack of clarity" in the current operating environment.- Foot Locker (FL) rose over 80% this morning after Dick's Sporting Goods reached a $2.4 billion deal to acquire Foot Locker, with Dick's paying $24 a share for Foot Locker, an 86.5% premium on Foot Locker's closing share price. The acquisition combines two retailers affected by President Trump's tariff wars, with Dick's expecting to operate Foot Locker as a standalone business unit and maintain the Foot Locker brand. Dick's Sporting Goods sank on the news.- UnitedHealth Group (UNH) shares are lower this morning after the Wall Street Journal reported the company is under criminal investigation for possible Medicare fraud. The Justice Department has been probing the company's Medicare Advantage business since at least last summer, but the nature of the potential criminal allegations is unclear. UnitedHealth has denied being notified about the investigation and stands by the integrity of its Medicare Advantage program.- Cisco (CSCO) is higher this morning after the networking equipment provider boosted its full-year revenue guidance and beat the average analyst estimate. Separately, the company announced some executive changes, including the departure of Scott Herren as CFO.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Footlocker (FL) rose over 80% this morning after Dick's Sporting Goods reached a $2.4 billion deal to acquire Foot Locker, with Dick's paying $24 a share for Foot Locker, an 86.5% premium on Foot Locker's closing share price. The acquisition combines two retailers affected by President Trump's tariff wars, with Dick's expecting to operate Foot Locker as a standalone business unit and maintain the Foot Locker brand. Dick's Sporting Goods sank on the news.- Boeing (BA) shares are up in premarket trading after landing its biggest-ever aircraft order, with Qatar Airways agreeing to buy up to 210 widebody aircraft, including 787 Dreamliners and 777X models, in a deal worth $96 billion. The deal is a major win for Boeing, Qatar Airways, and President Trump, who witnessed the signing ceremony and touted the pact as a record that would help secure jobs at home.- Cisco (CSCO) is higher this morning after the networking equipment provider boosted its full-year revenue guidance and beat the average analyst estimate. Separately, the company announced some executive changes, including the departure of Scott Herren as CFO.- UnitedHealth Group (UNH) shares are lower this morning after the Wall Street Journal reported the company is under criminal investigation for possible Medicare fraud. The Justice Department has been probing the company's Medicare Advantage business since at least last summer, but the nature of the potential criminal allegations is unclear. UnitedHealth has denied being notified about the investigation and stands by the integrity of its Medicare Advantage program.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Ubisoft shares sink as much as 23% after the video-game maker gave disappointing guidance that called for negative free cash flow, with a return to profitability seen as at least another year away. - Siemens's shares fell after orders for its electrification products declined from elevated levels, signaling a slowdown in demand driven by the boom in data centers.- Terminal users are searching for news about JD Sports after it was reported Dick’s Sporting Goods is in advanced talks to buy Foot Locker, whose stock had dropped 41% this year amid the back-and-forth over tariffs.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Super Micro Computer (SMCI) shares extended their gains after Saudi Arabia-based data center company DataVolt signed a multi-year partnership agreement with the beleaguered US server company. The stock has rallied about 43% this week, on track for the best week since November. The agreement should “fast-track delivery of ultra-dense GPU platforms and rack systems for DataVolt’s hyperscale AI campuses in the Kingdom of Saudi Arabia and the US,” the company said in a statement on Tuesday.- CoreWeave (CRWV) shares are up as their expectation-topping results in its first earnings report indicated artificial intelligence investment showed no signs of waning to start the year. The shares surged as much as 8% in post-market trading.“Demand for our platform is robust and accelerating as AI leaders seek the highly performant AI cloud infrastructure required for the most advanced applications,” Chief Executive Officer Michael Intrator said in the statement. “We are scaling as fast as possible to capture that demand.”- Cisco (CSCO) shares rose in extended trading as the company gave a solid forecast for revenue in the current quarter, a sign the largest seller of networking gear is benefiting from demand for systems using AI technology. Sales in the period ending in July will be $14.5 billion to $14.7 billion, Cisco said in a statement Wednesday. Analysts polled by Bloomberg had predicted $14.5 billion on average. Profit, excluding some items will be as high as 98 cents a share, compared with an average analyst estimate of 95 cents.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 Alix Steel, Scarlet Fu, Carol Massar and Tim Stenovec. EToro (ETOR) shares rose 29% in its first session as a public company, after the trading and investment platform and some of its backers raised nearly $620 million in an upsized IPO.Shares of the Israel-based firm closed at $67 on Wednesday, above the initial public offering price of $52 apiece. The trading gives EToro a market value of more than $5.5 billion, based on the outstanding shares listed in an earlier filing. EToro’s listing cements a rebound in US IPOs, as companies that put first-time share sale plans on hold amid tariff-related stock volatility resume their preparations. The company was among those delaying IPO plans after President Donald Trump’s April 2 tariff announcements.   Super Micro (SMCI) shares rose as much as 20% in Wednesday's trade, extending Tuesday’s 16% rally, after Saudi Arabia-based data center company DataVolt signed a multi-year partnership agreement with the beleaguered US server company. The stock has rallied about 43% this week, on track for the best week since November. American Eagle Outfitters (AEO) pulled its guidance for the full year following a first quarter that was marred by discounting and a write-down of inventory, sending the stock down in New York trading. In a preliminary earnings release, the apparel chain said comparable sales are expected to be down about 3% in the three-month period ended May 3. Revenue is projected to be about $1.1 billion, a decline of roughly 5% from a year earlier. The stock has declined 24% this year through Tuesday’s close and closed lower in Wednesday trading. See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- American Eagle (AEO) shares slip as the company pulled its guidance for the full year following a first quarter that was marred by discounting and a write-down of inventory, sending the stock down in New York trading. In a preliminary earnings release, the apparel chain said comparable sales are expected to be down about 3% in the three-month period ended May 3. Revenue is projected to be about $1.1 billion, a decline of roughly 5% from a year earlier.- KKR & Co. (KKR) shares rose after Morgan Stanley upgraded the private equity firm to overweight from equal-weight, recommending it as a way to play the anticipated capital markets recovery. “Leaning into risk with upgrade of KKR on the back of greater-than-expected tariff de-escalation with China, and scope for better-than-feared macro path ahead, with lower recession probability, less upward inflation pressure and reduced tail risk,” wrote Morgan Stanley analysts including Michael Cyprys.- Boeing (BA) shares are up after the company landed its biggest-ever aircraft order, with Qatar Airways agreeing to purchase up to 210 widebody aircraft, including the 787 Dreamliner and 777X model, in a deal worth $96 billion. The deal is a major win for Boeing, Qatar Airways, and President Donald Trump, who witnessed the signing ceremony and touted the pact as a record that would help secure jobs at home. The announcement in the marble-clad halls of the Qatari Royal Court gave each of the parties in attendance a big win: Trump is on a mission to the Persian Gulf to pull in trillions of dollars of commercial accords to showcase his dealmaking chops. Qatar and its namesake airline get to cement their relationship with the US by backing the country’s biggest exporter. And Boeing walks away with an order that extends its dominance in a region that’s been a major buyer of its most expensive jets.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- SuperMicro (SMCI) extends gains after the Saudi Arabia-based data center company DataVolt signs a multi-year partnership agreement with the beleaguered US chipmaker. - AMD’s shares rise after the board approves a $6 billion share repurchase plan that represents 3.3 percent of the company’s current market value, according to data compiled by Bloomberg.- Aurora Innovation (AUR) shares fall after Uber announced a $1 billion convertible offering, with the notes exchangeable into shares of Aurora.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- American Eagle Outfitters shares fall after it pulled its guidance for the full year following a first quarter that was marred by discounting and a write-down of inventory.- Cboe Global Markets shares declined after Morgan Stanley double downgraded the stock, recommending lower defensives exposure on the back of greater than expected tariff de-escalation between China and the US.- SuperMicro extends gains after Saudi Arabia-based data center company DataVolt signs a multi-year partnership agreement with the beleaguered US chipmaker.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Nvidia (NVDA) is higher this morning after the Trump administration cleared a path for Saudi Arabia and the United Arab Emirates to pursue their artificial intelligence ambitions, with US tech companies like Nvidia and AMD planning to spend billions of dollars in the region.- UnitedHealth Group (UNH) is up this morning, reversing yesterday's significant downswing. It's seeing a rebound after news the company replaced its CEO, Andrew Witty, with former CEO Stephen Hemsley, and suspended earnings guidance, citing unexpected medical costs and challenges with its Medicare strategy.- Super Micro Computer (SMCI) is on the upswing this morning following Tuesday's 16% rally, after Saudi Arabia-based data center company DataVolt signs a multi-year partnership agreement with the beleaguered US chipmaker.- Burberry (BURBY) shares jumped as much as 16% after the British luxury group’s fourth-quarter retail sales beat estimates, sparking hopes among analysts that its strategic plan could bear fruit and the company is seeing the early signs of a turnaround. Burberry also plans to cut almost a fifth of its workforce, affecting up to 1,700 roles, to achieve an additional £60 million of savings in the next two years.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Nvidia (NVDA) is higher this morning after the Trump administration cleared a path for Saudi Arabia and the United Arab Emirates to pursue their artificial intelligence ambitions, with US tech companies like Nvidia and AMD planning to spend billions of dollars in the region.- Advanced Micro Devices (AMD) is following Nvidia on news of deals in the Middle East during President Trump's visit. The deals will give Saudi Arabia and the UAE wider access to advanced AI chips, with companies like Nvidia, AMD, and Amazon investing in projects worth billions of dollars, including data centers and AI infrastructure.- UnitedHealth Group (UNH) is up this morning, reversing yesterday's significant downswing. It's seeing a rebound after news the company replaced its CEO, Andrew Witty, with former CEO Stephen Hemsley, and suspended earnings guidance, citing unexpected medical costs and challenges with its Medicare strategy.- Super Micro Computer (SMCI) is on the upswing this morning following Tuesday's 16% rally, after Saudi Arabia-based data center company DataVolt signs a multi-year partnership agreement with the beleaguered US chipmaker.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Burberry plans to cut almost one-fifth of its work force as its new chief executive officer tries to turn around the British trench-coat maker, after its push into high fashion flopped amid a downturn in global demand for luxury goods.- Alstom falls as much as 17%, the most since November 2023, after the French transport system company’s latest earnings. Morgan Stanley says the quarterly print is ahead “but the softer guidance will likely be the focus,” while JPMorgan called the outlook “somewhat light.”- TUI shares slide as much as 11%, most in three months, after the tour and travel operator signaled a negative bookings inflection for the key summer season. The group also reported a smaller-than-expected Ebit loss for 2Q and reiterated its guidance for the full year.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Nvidia (NVDA) shares are surging as the AI chipmaker, along with Advanced Micro Devices, will supply semiconductors to Saudi Arabian artificial intelligence company Humain for a massive data center project, acting under a Trump administration initiative that lifts restrictions on delivering advanced technology to the region. Nvidia Chief Executive Officer Jensen Huang announced the partnership on stage at the Saudi-US Investment Forum in Riyadh, the Gulf nation’s capital. The announcement came alongside US President Donald Trump’s visit to the country. Separately, AMD will provide chips and software for data centers “stretching from the Kingdom of Saudi Arabia to the United States” in a $10 billion project, according to a statement.- Coinbase (COIN) shares jumped as much as 26% on Tuesday, the biggest intraday gain since Nov. 6 to the highest level since February after S&P Dow Jones Indices said the company will join the S&P 500 Index before trading opens May 19. The company will replace Discover Financial Services in the index prior to the start of trading on May 19, S&P Dow Jones Indices said in a press release. The inclusion of Coinbase is viewed as a vindication by crypto faithfuls who helped President Donald Trump win the election in November. - Super Micro Computer (SMCI) shares are trading up after Raymond James initiated coverage of the server maker's stock with an 'outperform' rating and a price target of $41.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, Alix Steel, Scarlet Fu, Carol Massar and Tim Stenovec. - Coinbase (COIN) shares skyrocketed as much as 26% in trading, the biggest intraday gain since Nov. 6 to the highest level since February, after S&P Dow Jones Indices said the company will joins the S&P 500 before trading begins on May 19th. The company will replace Discover Financial Services in the index prior to the start of trading on May 19, S&P Dow Jones Indices said in a press release. The inclusion of Coinbase is viewed as a vindication by crypto faithfuls who helped President Donald Trump win the election in November. - First Solar (FSLR) shares soared after JPMorgan analyst Mark Strouse said the US budget reconciliation bill is better than “the more bullish end of investor expectations” for solar, wind and geothermal firms. Strouse said First Solar is the “best positioned” name to benefit from the bill, which updates provisions of the Inflation Reduction Act. - Hertz (HTZ) shares closed lower after the car-rental company posted a larger-than-expected loss in the first quarter, pressured by a slowdown in customer bookings. Revenue fell 13% in the period, contributing to an adjusted loss of $1.12 per share, the company said in a statement late Monday. Analysts had expected a 99-cent deficit on average, according to estimates compiled by Bloomberg. The company showed declines on multiple key metrics. While forward bookings from leisure customers were up from a year ago, demand from corporate and government customers has moderated.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- UnitedHealth (UNH) shares are down. The company unexpectedly replaced its chief executive and suspended earnings guidance, raising increasing questions over how the company once regarded as a safe bet by investors has got its cost predictions so wrong. UnitedHealth brought back Chairman and former CEO Stephen Hemsley for the top role, saying Andrew Witty has resigned “for personal reasons.” The health insurer, whose top insurance executive was murdered in New York last December, also ripped up its 2025 outlook.- First Solar (FSLR) shares soared after JPMorgan analyst Mark Strouse said the US budget reconciliation bill is better than “the more bullish end of investor expectations” for solar, wind and geothermal firms. Strouse said First Solar is the “best positioned” name to benefit from the bill, which updates provisions of the Inflation Reduction Act.- Simon Property Group (SPG) shares declined as much as 5.7% after the retail REIT reported first-quarter results. While the company maintained annual real estate funds from operation guidance, it expects results to “trend towards the middle of the range” due to current macro and tariff uncertainty. Citi said this could be below expectations given the strong first-quarter results.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Coinbase shares jump, hitting its highest level since February, after S&P Dow Jones Indices said the company will join the S&P 500 Index before trading opens May 19.- On Holding’s shares jumped after the Swiss brand reported strong demand for its high-priced sneakers and lifted its sales growth forecast. First-quarter sales rose 40% from a year ago to 727 million Swiss francs, beating analyst expectations, with strong growth in the Americas, Asia-Pacific, and Europe, the Middle East and Africa.- Rigetti shares tumble after the quantum computing firm’s 1Q revenue missed expectations and gross margins declined from the year earlier period.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- UnitedHealth shares fall after the company unexpectedly replaced its chief executive and brought back Chairman and former CEO Stephen Hemsley.The company suspended earnings guidance for 2025, citing higher-than-expected medical costs of many Medicare Advantage beneficiaries who are new to the company.- Boeing shares rise after China removed a month-long ban on airlines taking delivery of Boeing planes after US-China talks over the weekend, according to sources telling Bloomberg.Around 50 Boeing jets are to be delivered to China this year, it saves the planemaker the time and cost of finding new buyers.Saudi Arabia’s sovereign wealth fund is set to order 30 737 Max jets for aircraft leasing company AviLease, according to another Bloomberg News report. That comes as President Donald Trump heads to the Middle East this week - Enphase shares fall after analysts cited the proposed federal tax changes as a headwind for residential solar -- specifically a potential plan to eliminate credit for homeowners who take loans or pay cash for their residential solar and battery systems.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- UnitedHealth Group (UNH) is lower this morning after it suspended its 2025 outlook, citing higher-than-expected medical costs for new Medicare Advantage beneficiaries, and expects to return to growth in 2026. The company also named Stephen Hemsley as its new CEO, replacing Andrew Witty, effective immediately.- Amazon (AMZN) is higher this morning after reaching a multiyear agreement with FedEx to deliver large packages for the online retailer, renewing a relationship between the two companies that ended in 2019. The deal follows plans announced in January by UPS to reduce by half the number of packages it delivers for Amazon by the end of 2026.- FedEx (FDX) is also trending upward this morning after on the Amazon-FedEx news. - Hertz (HTZ) fell in US premarket trading after the rental company reported a larger-than-expected loss in the first quarter. The 1Q earnings are a miss with Ebitda loss being higher than expected, write Barclays analysts Dan Levy and Josh Cho.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- UnitedHealth Group (UNH) is lower this morning after it suspended its 2025 outlook, citing higher-than-expected medical costs for new Medicare Advantage beneficiaries, and expects to return to growth in 2026. The company also named Stephen Hemsley as its new CEO, replacing Andrew Witty, effective immediately.- Advanced Micro Devices (AMD) is getting a boost with the Trump administration preparing to announce a deal that would grant Saudi Arabia more access to advanced semiconductors, allowing the country to increase its data center capacity. - Nvidia (NVDA) is following AMD as it awaits an announcement on a chips deal. The agreement would allow Saudi Arabia to buy chips from companies like Nvidia and Advanced Micro Devices, but US officials are concerned about the potential for China to access these chips.- FedEx (FDX) is trending higher this morning after Amazon reached a multiyear agreement with FedEx to deliver large packages for the online retailer, renewing a relationship between the two companies that ended in 2019. The deal follows plans announced in January by UPS to reduce by half the number of packages it delivers for Amazon by the end of 2026.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Renewable energy stocks rally in Europe on Tuesday after US House Republicans proposed a phase-out of incentives to develop clean-energy projects that was better than feared, according to analysts.- Bayer's shares surged after its earnings beat expectations, with robust demand for its new cancer and kidney medicines helping offset a decline in agricultural sales.- Shares in Munich Re fall as much as 5.4%, making it the worst performer on the Stoxx 600 Insurance Index, after a 1Q profit slump caused by the Los Angeles wildfires. Analysts note, however, that solvency was ahead of consensusSee omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Apple (APPL) shares are up. This comes after President Donald Trump said he spoke with Apple Inc. Chief Executive Officer Tim Cook earlier on Monday, just as the iPhone maker was reported to be considering price increases later this year. Apple is weighing whether to raise prices for an iPhone lineup coming in the fall, the Wall Street Journal reported, citing people familiar with the matter whom it didn’t identify. The company is exploring whether to “couple” price increases with new features and designs, while trying to avoid the perception that any hikes are tied to US tariffs, the Journal reported. Apple didn’t respond to Bloomberg’s request for comment.- Eli Lilly (LLY) are up in after hours trading. Earlier today, President Donald Trump said he plans to slash drug prices for Americans by more closely aligning their costs to lower prices paid abroad, renewing and expanding upon a failed push from his first term. Trump aims to do so by bringing drugmakers to the negotiating table. He signed an executive order Monday asking them to lower prices voluntarily or else face regulatory measures. The President, however, said Eli Lilly is not going to be tariffed because the pharmaceutical company is building in the US. - NRG Energy (NRG) shares are up after the company agreed to acquire a fleet of natural gas-fired power plants from LS Power Equity Advisors LLC for about $12 billion including debt, betting the fuel will be crucial to meet electricity demand from data centers. The cash-and-stock deal calls for NRG to buy 18 gas-fired facilities from LS with a combined capacity of about 13 gigawatts, the companies said Monday in a statement. That’s enough to power about 10.4 million homes.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, Alix Steel, Scarlet Fu, Carol Massar and Matt Miller.  - NRG Energy (NRG) shares soared 25%, the most intraday since 2017 to a record high, as Wall Street praised its deal that Jefferies says is “transforming” the company and doubling its power generation capacity, while the power producer also reported better-than-expected adjusted Ebitda for the first quarter.  - Apple (AAPL) shares rose after US President Donald Trump said he spoke with CEO Tim Cook earlier on Monday, just as the iPhone maker was reported to be considering price increases later this year. Apple is weighing whether to raise prices for an iPhone lineup coming in the fall, the Wall Street Journal reported, citing people familiar with the matter whom it didn’t identify. The company is exploring whether to “couple” price increases with new features and designs, while trying to avoid the perception that any hikes are tied to US tariffs, the Journal reported. Apple didn’t respond to Bloomberg’s request for comment.  - CVS (CVS) shares, along with other major US health-care companies that own pharmacy-benefit management units closed lower after President Donald Trump proposed a plan to “cut out” the drug-industry middlemen as a way to reduce drug costs. Trump aims to do so by bringing drugmakers to the negotiating table. He signed an executive order today asking them to lower prices voluntarily or else face regulatory measures. Pharmaceutical companies had expected — and feared — action on drug prices. However, the order was far weaker than they’d anticipated. Shares of major drugmakers initially fell after Trump teased drug-price action on social media Sunday night, then rose as details on the order emerged throughout Monday morning.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Carnival Corp. (CCL) shares are up. The company is issuing bonds for the third time this year, as the cruise operator chips away at a debt load that had ballooned during the Covid-19 pandemic. Monday’s $1 billion offering of senior unsecured notes will be used to refinance 7.625% notes maturing next year, according to a person familiar with the matter. Pricing for the new notes is being discussed in the 5.875% to 6% range, the person said.- NRG Energy (NRG) shares hit an all time high as the company agreed to acquire a fleet of natural gas-fired power plants from LS Power Equity Advisors LLC for about $12 billion including debt, betting the fuel will be crucial to meet electricity demand from data centers. The cash-and-stock deal calls for NRG to buy 18 gas-fired facilities from LS with a combined capacity of about 13 gigawatts, the companies said Monday in a statement. That’s enough to power about 10.4 million homes.- Cigna (CI) and other US health-care companies that own pharmacy-benefit management units are trading lower on Monday after President Donald Trump proposed a plan to “cut out” the drug-industry middlemen as a way to reduce drug costs. Meantime, House Republicans are reviving measures that would primarily prohibit “spread pricing” in the Medicaid safety net program -- where pharmacy benefit managers profit by paying pharmacies less than what they charge state Medicaid plans for a medication.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:-Pfizer shares rise after President Donald Trump said he plans to order cuts to prescription drug costs to bring them in line with other countries.White House officials speaking this morning did say weight loss drugs and medicare will be an area of focus for action. -Best Buy shares rise after being a key beneficiary of weekend US-China talks Bloomberg Intelligence analysts estimates that retailers entered the year holding 1% less inventory than they had over the past three years, so the drop off in Chinese shipments would have had significant impact. -Nike shares rise. The company is another key beneficiary of the US-China talks -- half of all Nike brand shoes are made in Vietnam, but overall trade optimism is helping.Last week, the company announced changes to its senior leadership team and divided its Consumer, Product, and Brand leadership will now be divided into three distinct areas.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Nvidia (NVDA) is higher this morning following the US-China trade announcement. The biggest US chipmaker along with other chipmakers are rising on the news due to heavy exposure to Asian markets. Other Mag 7 stocks are also jumping on the news.- Delta (DAL) shares popped this morning as travel stocks react to easing global trade tensions and lessening odds of a recession. It also comes after Delta and Korean Air agreed last week to buy a stake in WestJet amid uncertain US relations with Canada.- Nike (NKE) is up along with other consumer stocks after the US-China trade truce announcement. Consumer firms with large China exposure rally, including Nike, Starbucks, Amazon, and Wayfair among others are rising on the news.- Maersk (AMKBY) shares also increased today as shipping and transportation stocks move higher as ports can expect more trade and consumer activity.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- AbbVie (ABBV) is lower this morning alongside pharma stocks as President plans to order a cut in US prescription drug costs by mandating that Americans pay no more than people in countries that have the lowest price.- Newmont (NEM) shares are also lower as a result of the risk on narrative. Gold fell more than 3% in the premarket as investor attention turns back to US equities in easing trade tensions with China.- Texas Instruments (TXN) is higher this morning along with other major chipmakers, which are heavily exposed to Asian markets. US megacap tech stocks, which had been hard hit this year, were on track to tally some of the biggest gains, with Nasdaq 100 futures poised to re-enter a bull market.- Apple (APPL) is rallying on the China trade news, with the company having significant supply chain exposure to China. Other Mag 7 stocks like Tesla and Nvidia are also rallying on the trade news.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- The US and China will temporarily lower tariffs on each other’s products, according to a joint statement, in a move which sent the whole equity market up. Maersk are on track for their biggest one-day gain in a decade with trading volume was quadruple the average for this time of day.- Drugmakers like Novo Nordisk are falling after President Donald Trump said he plans to order a cut in US prescription drug costs by mandating that Americans pay no more than people in countries that have the lowest price. - UniCredit posted its highest quarterly profit ever, strengthening Chief Executive Officer Andrea Orcel’s hand as he pursues potential acquisitions.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Insulet (PODD) shares rallied this week, soaring up as much as 20% during trading on an upbeat earnings report. The insulin delivery system maker boosted its revenue guidance for the full year and posted better-than-expected first-quarter results. Piper Sandler views the guidance increase positively and as more evidence of strong momentum in the business. - Disney (DIS) shares rose after it reported fiscal second-quarter results that beat Wall Street estimates and raised its outlook for the full year, citing strong performances from theme parks and streaming TV. Full-year 2025 earnings, excluding certain items, will rise 16% to $5.75 a share, Disney said Wednesday in a statement, about double its previous forecast for growth. Analysts were looking for $5.44 a share. A number of major companies have pulled their 2025 guidance amid the uncertainty caused by US President Donald Trump’s tariffs on imported goods. But Disney is benefiting from faster-than-expected growth at its namesake parks and streaming business, and pointed to that strong performance to boost its guidance. - Palantir (PLTR) shares slid by the most in nearly a year after its financial results and projections failed to live up to investors’ lofty expectations. The company described rising demand for artificial intelligence software as a “ravenous whirlwind” and bumped its 2025 revenue forecast on Monday to about $3.9 billion from about $3.75 billion. But even a solid earnings results beat and the raised outlook wasn’t enough to justify the stock’s high valuation and extend its massive year-to-date gain. Palantir’s shares tanked by as much as 14.9% to $105.32, the lowest intraday price since May 7, 2024. The stock was still up 41% for the year.See omnystudio.com/listener for privacy information.