Stock Movers

On this episode of Stock Movers:
- CVS (CVS) shares rise after the company raised its full-year profit forecast and said earnings would rise in 2026. It's a sign of hope as it navigates a turbulent retail environment and government scrutiny across the health care industry.
- PepsiCo (PEP) shares drop after the company reached an agreement with activist investor Elliott Investment Management to reduce its US product lineup and lower prices, while paring its workforce. The company projected organic revenue growth of 2% to 4% in fiscal 2026 and plans to use savings from increased productivity to lower prices in its key brands.
- Ares (ARES) shares jump after news that S&P Dow Jones Indices said the stock will replace Kellanova in the S&P 500, effective Dec. 11.

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On this episode of Stock Movers:
- Warner Brothers Discovery (WBD) shares rise after Paramount made a $30-a-share all-cash bid to buy Warner valuing the company at $108.4 billion, including debt.
- CVS Health (CVS) gains after the company raised its full-year profit forecast and said earnings would rise in 2026. It's a sign of hope as it navigates a turbulent retail environment and government scrutiny across the health care industry.
- Home Depot (HD) shares are up after the company offered cautious preliminary guidance for next year. It's a sign that the home-improvement retailer doesn’t anticipate the housing market to rebound in the short term.

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On this episode of Stock Movers:
- President Donald Trump granted Nvidia (NVDA) permission to ship its H200 artificial intelligence chip to China in exchange for a 25% surcharge, a move that lets the world’s most valuable company potentially regain billions of dollars in lost business from a key global market.
- Paramount Skydance (PSKY) launched a hostile takeover bid for Warner Bros. Discovery Inc. at $30 a share in cash on Monday, just days after the company agreed to a deal with Netflix Inc. The offer values Warner Bros. at $108.4 billion, including debt.The bid compares with Netflix’s offer of $27.75 in cash and stock, for an enterprise value of about $82.7 billion including debt. Paramount’s offer is for all of Warner Bros., while Netflix is interested only in the Hollywood studios, HBO and the streaming business.
- Toll Brothers (TOL) shares fall after the luxury builder forecast deliveries for 2026 that missed the average analyst estimate. Analysts note that the quarter was stronger than expected, but the forward looking targets missed estimates.

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On this episode of Stock Movers:
- Nvidia (NVDA) outperforms Magnificent Seven stocks in premarket trading after President Donald Trump granted the chip giant permission to ship its H200 artificial intelligence chip to China in exchange for a 25% surcharge.
- The fight over the future of Hollywood just got nastier. Paramount Skydance (PSKY) launched a hostile takeover bid for Warner Bros. Discovery Inc. at $30 a share in cash on Monday, just days after the company agreed to a deal with Netflix Inc. The offer values Warner Bros. at $108.4 billion, including debt.
- Home Depot (HD) is offering cautious preliminary guidance for next year, a sign that the home-improvement retailer doesn’t anticipate the housing market to rebound in the short term.

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On this episode of Stock Movers:
- European defense stocks rise as Germany is set to approve a record €52 billion in military orders as part of the government’s push to build Europe’s strongest conventional army.
- British American Tobacco shares decline as much as 4.5%, paring this year’s big gains, after the company said it expects revenue growth in 2026 at the lower end of its mid-term guidance.
-  Thyssenkrupp expects to swing to a loss in the current financial year, hit by persistent weakness in the automotive sector and hefty restructuring charges.

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On this episode of Stock Movers:
- European defense stocks rise as Germany is set to approve a record €52 billion in military orders as part of the government’s push to build Europe’s strongest conventional army.
- Shares in Orsted jumped to their highest level in four months after a US federal judge ruled President Donald Trump’s executive order banning new wind projects illegal.
- HelloFresh drops as much as 11% after the German subscription meal company was downgraded to underweight from equal-weight at Morgan Stanley, with analysts saying there’s intensifying competition in the US for ready-to-eat meals and signs of further deterioration in 4Q.

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On this episode of Stock Movers:

- Carvana (CVNA) CRH and Comfort Systems USA were selected for inclusion to the S&P 500. The companies will join the benchmark in a quarterly rebalance at the end of December, S&P Dow Jones Indices said Friday. The trio will replace LKQ Corp., Solstice Advanced Materials Inc. and Mohawk Industries Inc. prior to the start of trading on Dec. 22. Shares of the used car-retailer Carvana hit an all time high in trading on Monday.

- Pepsi (PEP) announced a series of operational changes backed by activist investor Elliott Investment Management on Monday, including a review of its supply chain and slashing its overall number of products. The company is also planning layoffs in North America, according to an internal memo. The moves, which include the removal of nearly 20% of its US product lineup, will “accelerate organic revenue growth, deliver record productivity savings and improve core operating margin – starting in 2026,” Chief Executive Officer Ramon Laguarta said in a statement. Shares in PepsiCo have fallen roughly 5% this year through last week’s close, giving the company a market value approaching $200 billion.

- Netflix (NFLX) shares slid today after Paramount Skydance launched a hostile takeover bid to buy Warner Bros. Discovery. Netflix executives looked to reassure investors that they’ll be the ultimate owners of Warner Bros. Discovery Inc. after Paramount Skydance Corp. launched a competing, hostile offer for the iconic entertainment company. The pair said the Paramount offer was “entirely expected” but that Netflix would win over regulators. They also reiterated Netflix’s plans to keep releasing Warner Bros. films in theaters. 

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On this episode of Stock Movers:

- Warner Bros Discovery (WBD) closed 4.42% higher after it received a hostile takeover bid from Paramount Skydance for $30 a share in cash on Monday, just days after the company agreed to a deal with Netflix. The offer values Warner Bros. at $108.4 billion, including debt. The bid compares with Netflix’s offer of $27.75 in cash and stock. Paramount’s offer is for all of Warner Bros., while Netflix is interested only in the Hollywood studios, HBO and the streaming business.

- Nvidia (NVDA) finished with a gain of 1.7%, after Semafor reports that the company will soon be allowed to export its H200 chips to China, citing a person with knowledge of the plan. Commerce Secretary Howard Lutnick supports the plan, according to Semafor

- Netflix (NFLX) is down. Executives looked to reassure investors that they’ll be the ultimate owners of Warner Bros. Discovery. Co-Chief Executive Officers Ted Sarandos and Greg Peters told investors at the UBS conference in New York on Monday that they’re “extremely confident” that their deal with Warner Bros. will be approved.

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On this episode of Stock Movers:

- Warner Bros. Discovery (WBD) received a hostile takeover bid from Paramount Skydance for $30 a share in cash on Monday, just days after the company agreed to a deal with Netflix Inc. The offer values Warner Bros. at $108.4 billion, including debt. The bid compares with Netflix’s offer of $27.75 in cash and stock. Paramount’s offer is for all of Warner Bros., while Netflix is interested only in the Hollywood studios, HBO and the streaming business. Warner Bros. shares were up 3.1% to $26.90 at 1:35 p.m. in New York on Monday. Paramount was up 8% while Netflix was down 4.3%.

- Elon Musk is eager to transform Tesla (TSLA) into a robotics and artificial intelligence company, but the electric-vehicle maker’s stock price already reflects those businesses and is at a “full valuation,” according to Morgan Stanley, which lowered its rating on the company to the equivalent of a hold, its first cut since June 2023. Tesla shares trade at about 210 times projected earnings over the next 12 months, making it the second most expensive company in S&P 500 Index, trailing just Warner Brothers Discovery Inc. at 220 times and well ahead of third place Palantir Technologies Inc.’s multiple of 186. The stock fell as much as 3% on Monday to trade around $441. 

- Strategy (MSTR) shares rose in trading Monday after the digital asset treasury company said it bought $962.7 million worth of Bitcoin from Dec. 1 to Dec. 7, marking its largest acquisition since July. Strategy’s Bitcoin holdings are now worth more than $60 billion, but the company’s premium to its token holdings has continued to shrink. Strategy’s enterprise value at one point worth more than 2.5 times its Bitcoin holdings, but that has now fallen to a multiple of 1.1.

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On this episode of Stock Movers:
- Warner Brothers Discovery (WBD) shares rise after President Trump says the proposed Netflix and Warner Bros. deal would “create a big market share” and “could be a problem.”
- IBM (IBM) shares are down after news that the company is buying the data-streaming platform Confluent Inc. for $11 billion including debt, marking one of its largest takeovers yet and a major bet on the kind of enterprise software that artificial intelligence tools need to perform tasks in real time.
- Carvana (CVNA) shares rise following news it will join the S&P 500 Index starting Dec. 22. BofA Global Research raised its price target on the used car retailer citing the S&P Dow Jones Indices announcement.

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On this episode of Stock Movers:
- Netflix (NFLX) shares drop after President Trump says the proposed Netflix and Warner Bros. deal would “create a big market share” and “could be a problem.”
- Tesla (TSLA) shares fall after Morgan Stanley downgraded the electric-car maker to equal-weight from overweight, saying non-auto catalysts priced into the stock.
- IBM (IBM) shares are down after news that the company is buying the data-streaming platform Confluent Inc. for $11 billion including debt, marking one of its largest takeovers yet and a major bet on the kind of enterprise software that artificial intelligence tools need to perform tasks in real time.

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On this episode of Stock Movers:
- Netflix’s (NFLX) $72 billion deal to acquire Warner Bros. Discovery (WBD)sets up a sweeping antitrust regulatory fight, as the world’s largest streaming platform seeks approval to absorb HBO Max and one of Hollywood’s marquee studios. President Donald Trump said Sunday he would be personally involved in the decision-making process and that there “could be a problem.”
- International Business Machines (IBM) is buying the data-streaming platform Confluent (CFLT) for $11 billion including debt, marking one of its largest takeovers yet and a major bet on the kind of enterprise software that artificial intelligence tools need to perform tasks in real time.IBM has agreed to buy Confluent for $31 a share, according to a statement issued Monday. That represents an equity value of around $9.3 billion, according to Bloomberg calculations. The companies expect the deal to close by the middle of 2026.
- Carvana jumps after being selected for inclusion to the S&P 500.The company will join the benchmark in a quarterly rebalance at the end of December, S&P Dow Jones Indices said Friday.

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On this episode of Stock Movers:
- President Donald Trump raised potential antitrust concerns around Netflix’s (NFLX) planned $72 billion acquisition of Warner Bros. Discovery Inc., noting that the market share of the combined entity may pose problems. Trump’s comments, made as he arrived at the Kennedy Center for an event on Sunday, may spur concerns regulators will oppose the coupling of the world’s dominant streaming service with a Hollywood icon. The company faces a lengthy Justice Department review of a deal that would reshape the entertainment industry.
- Tesla (TSLA) shares fall as Morgan Stanley downgrades the electric-car maker to equal-weight from overweight, saying non-auto catalysts priced into the stock.
- International Business Machines (IBM) is in advanced negotiations to acquire data infrastructure firm Confluent for around $11 billion, the Wall Street Journal reported, citing people familiar with the matter

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On this episode of Stock Movers:
-  Unilever spinoff The Magnum Ice Cream Co. opened below the reference price in its market debut on Monday, after a separation aimed at giving the world’s biggest ice cream company a platform to revive its performance as a standalone firm.
- TotalEnergies agreed to combine its British oil and gas business with that of Repsol and HitecVision, the latest in a wave of consolidation in the UK North Sea. TotalEnergies traded down 0.8% in Paris on Monday, while Repsol shares were up 1% in Madrid.
- Smith & Nephew  plans to pare its portfolio further as part of a new effort to boost growth. The medical device maker aims for between 6% and 7% in underlying annual revenue growth under a new strategy that will take it to 2028, it said Monday

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On this episode of Stock Movers:

-  Unilever spinoff The Magnum Ice Cream Co. opened below the reference price in its market debut on Monday, after a separation aimed at giving the world’s biggest ice cream company a platform to revive its performance as a standalone firm.

- L’Oreal is doubling its stake in Galderma Group to 20%, as the French cosmetics company increases its bet on skincare drugs. 

- Bank, Monte Paschi renewed its support for Chief Executive Officer Luigi Lovaglio amid a probe into the bank’s takeover of Mediobanca.

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On this episode of Stock Movers, we look at some of the biggest movers of the week:

- Netflix (NFLX) agreed to buy Warner Bros. Discovery (WBD), marking a seismic shift in the entertainment business as a Silicon Valley-bred streaming giant tries to swallow one of Hollywood’s oldest and most revered studios. The acquisition, which confirmed a Bloomberg report Thursday, presents a strategic pivot for Netflix, which has never made a deal of this scope in its 28-year history. With the purchase, Netflix becomes owner of the HBO network, along with its library of hit shows like The Sopranos and The White Lotus. Warner Bros. assets also include its sprawling studios in Burbank, California, along with a vast film and TV archive that includes Harry Potter and Friends. Netflix shares were down 3.5% Friday afternoon in New York. They have declined about 17% since the streaming leader emerged as an interested party in October. Some investors and analysts have interpreted this deal to mean Netflix was worried it couldn’t expand its current business, a theory co-CEO Greg Peters dismissed. Warner Bros. stock was up about 5.2% midday in New York. It has almost doubled since reports of deal talks with Paramount emerged in September.

- Microsoft (MSFT) shares slid on Wednesday after the Information reported that the software maker has lowered expectations for getting business customers to spend money on the cloud unit’s marketplace for artificial intelligence models and agents. The stock fell as much as 3% in New York on Wednesday, but pared the drop as analysts and investors digested the Information report.

- Salesforce (CRM) gave an outlook for revenue in the current period on Wednesday that topped analysts’ estimates, suggesting the software company is persuading customers to buy its AI tools. The revenue forecast includes 3 percentage points of growth from Informatica, a data integration software maker that Salesforce acquired last month in an $8 billion deal. The outlook for current remaining performance obligations includes 4 percentage points from Informatica. The shares gained about 5% in extended trading after closing at $238.72 in New York. The stock has dropped 29% this year through Wednesday’s close as investors have grown concerned about AI disrupting incumbent application software makers. It continued to rally through trading on Friday.

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On this episode of Stock Movers: 
- Netflix (NFLX) shares are mixed after the news that the company agreed to buy Warner Bros. Discovery Inc. in a historic combination, joining the world’s dominant paid streaming service with one of Hollywood’s oldest and most revered studios.

- Victoria’s Secret shares climb as much as 21%, to the highest intraday since May 2022, after the retailer’s better-than-expected third-quarter results and boosted guidance. The company is executing on its “Path to Potential” strategy, according to analysts, while JPMorgan upgrades with a Street-high price target of $60 per share.

- Ulta Beauty (ULTA) raised its full-year outlook after reporting better-than-expected results in the third quarter, a sign that consumers are overcoming any reluctance to spend and shelling out for cosmetics and hair supplies.

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n this episode of Stock Movers:
- Warner Bros Discovery (WBD) shares are up after the news that Netflix agreed to buy the company in a historic combination, joining the world’s dominant paid streaming service with one of Hollywood’s oldest and most revered studios.
- Oracle (ORCL) shares are down ahead of quarterly earnings next week. However, according to Bloomberg Intelligence: constraints on Oracle's AI infrastructure appear unlikely to loosen amid rising demand, giving us confidence in its ability to top $65 billion in total sales in fiscal 2026.
- Southwest Airlines (LUV) shares drop after the company lowered its operating profit target for the full year, citing the fallout from the recent US government shutdown as well as higher fuel prices.

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On this episode of Stock Movers:
- Netflix (NFLX) shares are mixed after the news that the company agreed to buy Warner Bros. Discovery Inc. in a historic combination, joining the world’s dominant paid streaming service with one of Hollywood’s oldest and most revered studios.
- Ulta Beauty (ULTA) shares rise after the company raised its full-year outlook after reporting better-than-expected results in the third quarter, a sign that consumers are overcoming any reluctance to spend and shelling out for cosmetics and hair supplies.
- Hewlett Packard Enterprise (HPE) shares drop after the company gave an outlook for sales in the current quarter that fell short of high expectations for the AI server business. Revenue will be $9 billion to $9.4 billion and profit, excluding some items, will be 57 cents to 61 cents in the period ending in January, HPE said Thursday.

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On this episode of Stock Movers:
- Netflix (NFLX) agreed to buy Warner Bros. Discovery in a historic combination, joining the world’s dominant paid streaming service with one of Hollywood’s oldest and most revered studios.
- Hewlett Packard Enterprise (HPE) shares dropped in premarket trading on Friday after the company gave an outlook for sales in the current quarter that fell short of high expectations for the AI server business.
- Ulta Beauty (ULTA) raised its full-year outlook after reporting better-than-expected results in the third quarter, a sign that consumers are overcoming any reluctance to spend and shelling out for cosmetics and hair supplies.

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On this episode of Stock Movers:

- Southwest Airlines (LUV) says as a result of lower revenue due to the government shutdown, and the impact of higher fuel prices, the company now expects its full year 2025 EBIT to be approximately $500 million, compared with its prior expectation of $600 million to $800 million.
- Warner Bros. Discovery (WBD) has entered exclusive negotiations to sell its film and TV studios and HBO Max streaming service to Netflix Inc., according to people familiar with the discussions.
- Hewlett Packard Enterprise (HPE) shares dropped in premarket trading on Friday after the company gave an outlook for sales in the current quarter that fell short of high expectations for the AI server business.

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On this episode of Stock Movers:

- BofA Global Research cuts recommendations on BP and Shell as lower oil and gas prices and deflating refining margins “leave the sector grappling for more free cash flow cushions than it is already sitting on.”
- Ocado shares rise as much as 16%, the most since July, after the online grocer said it will receive a $350 million cash payment from Kroger to compensate for the US grocer’s decision to close three automated warehouses and to not go ahead with another.
- Greggs rose 7%. Trading volume was quadruple the average for this time of day.

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On this episode of Stock Movers:

- Ulta (ULTA) raised its full-year outlook after reporting better-than-expected results in the third quarter, a sign that consumers are overcoming any reluctance to spend and shelling out for cosmetics and hair supplies. The company now expects comparable sales to be up as much as 4.7% in the current fiscal year. Ulta guided in August for that figure to be up as much as 3.5%. It also raised its outlook for net sales and earnings per share. The stock jumped 4.9% at 4:25 p.m. in extended trading in New York on Thursday. It has advanced 23% this year through Thursday’s close.

- HPE (HPE) gave an outlook for sales in the current quarter that fell short of analysts’ estimates, suggesting the company isn’t meeting high expectations for the sales of its AI servers. Revenue will be $9 billion to $9.4 billion and profit, excluding some items, will be 57 cents to 61 cents in the period ending in January, HPE said Thursday in a statement. Analysts, on average, projected sales $9.88 billion and profit of 53 cents, according to data compiled by Bloomberg. The shares declined about 2.5% in extended trading after closing at $22.90 in New York. The stock had gained 6.7% this year through Thursday’s close.

- SoFi Technologies (SOFI) is seeking to raise $1.5 billion in a share sale, as the financial technology firm diversifies beyond lending into other products. The San Francisco-based company is working with Goldman Sachs Group Inc. on the share sale, according to a statement Thursday. SoFi is offering shares for $27.50 to $28.50 each, according to people familiar with the matter, who asked not to be identified as the information isn’t public. The price range represents a discount of as much as 7.1% to Thursday’s close of $29.60. Shares fell 5.8% to $27.89 each in after-hours trading as of 5:05 p.m. in New York. Its stock climbed 92% in the year through Thursday’s market close.

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On this episode of Stock Movers:

- Meta Platforms (META) was the top Mag 7 gainer today, closing 3.43% higher. Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for changing its name from Facebook. The metaverse group was asked to cut deeper due to a lack of industry-wide competition and scrutiny from investors and watchdogs over the technology.

- GE Vernova (GEV) closed higher after Barclays analysts raised its price target. The company has also been commissioned for a second wind turbine in Romaina.

- Intel (INTC) is down 7.45% at the close. The company is shelving plans to spin off or sell a stake in its networking division, deciding it's more likely to succeed as an internal unit. It ended talks with Ericsson, which had discussed buying a stake in the division, to keep it in-house for tighter integration between silicon, software and systems.

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On this episode of Stock Movers:

- Dollar General (DG) is higher after the company raised its full-year outlook, showing how value-focused retailers are winning over consumers hunting for deals. Dollar General cited share gains in its consumable and non-consumable categories, with growth in seasonal goods, home products and apparel.

- Paramount Skydance (PSKY) is lower by about 1% after accusing Warner Bros. Discovery of failing to conduct a fair auction, saying the film and TV company isn’t acting in its shareholders’ best interests. Paramount's attorneys said Warner Bros. "appears to have abandoned the semblance and reality of a fair transaction process" and has "embarked on a myopic process with a predetermined outcome that favors a single bidder"

- Meta Platforms (META) shares jumped. Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for changing its name from Facebook Inc. The metaverse group was asked to cut deeper due to a lack of industry-wide competition and scrutiny from investors and watchdogs over the technology.

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• Meta's (META) Mark Zuckerberg is expected to cut resources for building the metaverse, which he once framed as the future of the company. Executives are considering potential budget cuts as high as 30% for the metaverse group next year, which could include layoffs as early as January
• Five Below (FIVE) raised its profit outlook for the third time in its fiscal year, lifted by demand for budget-friendly trendy goods as US consumer sentiment wanes amid high prices and a weaker labor market. The Philadelphia-based company now sees comparable sales rising about 9.4% to 10.1% in the fiscal year, up from roughly 5% to 7% it saw previously. Adjusted earnings per share is forecast between $5.71 and $5.89, above its previous guidance of $4.76 and $5.16.
• Kroger (KR) lowered the top end of its full-year sales forecast, suggesting that competition is intensifying among food sellers for discerning consumers. The nation’s largest supermarket operator said it now comparable sales to grow between 2.8% to 3%, minus fuel, versus the previous guidance of a 2.7% to 3.4% increase. 

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On this episode of Stock Movers:
Meta (META)

• Meta shares are getting a boost, helping futures move higher, after Bloomberg News reported that it’s expected to meaningfully cut resources for building the so-called metaverse, an effort that CEO Mark Zuckerberg once framed as the future of the company. The reaction indicates clear relief from investors, who have seen it as a drain on resources with little payoff so far.

Snowflake (SNOW)

• Snowflake shares fall as much as 9% in premarket trading after the software company issued a forecast for operating margin in the current quarter that fell short of the average analyst estimate. Analysts noted a deceleration in product revenue growth.

Dollar General (DG)

• Dollar General shares rise 7.4% after the retailer reported its third beat-and-raise quarterly report this year, driven by gross margin outperformance.

Sebastian Escobar

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On this episode of Stock Movers:
- Dollar General (DG) shares rise after the retailer reported its third beat-and-raise quarterly report this year, driven by gross margin outperformance.
- Snowflake (SNOW) shares fall after the software company issued a forecast for operating margin in the current quarter that fell short of the average analyst estimate. Analysts noted a deceleration in product revenue growth.
- Hormel (HRL) shares rise after the protein producer’s 3Q adj. EPS forecast beat the company’s recently lowered guidance, as well as the Street consensus. In addition, the midpoint of Hormel’s Fiscal 2026 annual adjusted EPS guidance is also ahead of expectations.

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On this episode of Stock Movers:
- Dollar General (DG) boosted its comparable sales forecast for the full year. For fiscal year 2026, the Company plans to execute about 4,730 real estate projects, including opening approximately 450 new stores in the US and about 10 new stores in Mexico, fully remodeling about 2,000 stores through Project Renovate, remodeling about 2,250 stores through Project Elevate, and relocating about 20 stores
- Costco (COST) shares are down in extended trading after the retailer reported total comparable sales
- Salesforce (CRM) gave an outlook for revenue in the current period that topped analysts’ estimates, suggesting the software company is persuading customers to buy its AI tools.

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On this episode of Stock Movers:
- Rio Tinto fluctuated in London on Thursday after the diversified miner forecast 2026 copper production that missed analyst expectations.
- Philips shares drop as much as 4.3%, worst performer in the Stoxx 600 Health Care Index on Thursday morning, after Citi analysts noted tariff and China challenges for 2026.
_ Trustpilot shares fall as much as 8.7% after Grizzly Research published a report on the consumer-review company.

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On this episode of Stock Movers:
- JPMorgan has a bullish view on European capital goods into 2026, with upgrades for Siemens Energy and Schneider Electric giving it 21 overweight ratings within the sector, compared with only three underweights.
- BofA Global Research raised the recommendation on Mercedes-Benz to neutral from underperform.
-European semiconductor stocks with data‑center and 5G exposure advance after US peer Marvell Technology reassured investors that its custom chip-design unit is winning repeat orders, signaling continued growth as the company benefits from runaway spending on AI computing. STMicro rose as much as 3.8% as of this morning in London.

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On this episode of Stock Movers:

- Salesforce (CRM) gave an outlook for revenue in the current period that topped analysts’ estimates, suggesting the software company is persuading customers to buy its AI tools. Revenue will be $11.1 billion to $11.2 billion in the period ending in January, the company said Wednesday in a statement. Analysts, on average, estimated $10.9 billion. Current remaining performance obligations, a measure of bookings, will increase about 15%, compared with analysts’ estimates of a 10% rise. The shares gained about 5% in extended trading after closing at $238.72 in New York. The stock has dropped 29% this year through Wednesday’s close as investors have grown concerned about AI disrupting incumbent application software makers.

- Snowflake (SNOW) gave an outlook for operating margin that fell short of analysts’ estimates, raising concerns among investors about the profitability of new AI-based tools. Adjusted operating income margin will be about 7% in the period ending in January, the company said Wednesday in a statement. Analysts, on average, projected 8.5%, according to data compiled by Bloomberg. Product revenue will be about $1.2 billion, compared with an average estimate of $1.19 billion. The shares fell as much as 7.9% in extended trading after closing at $265 in New York. The stock, which had jumped 72% this year, pared some of its losses after the Anthropic partnership was announced.

- Microsoft (MSFT) shares slid after the Information reported that the software maker has lowered expectations for getting business customers to spend money on the cloud unit’s marketplace for artificial intelligence models and agents. Several divisions at Microsoft have lowered quotas for how much salespeople are supposed to increase sales of certain AI products after many of them missed their targets in the fiscal year that ended in June, the Information reported, citing two salespeople in the Azure cloud division. The unusual shift reflects how Microsoft is compensating for companies’ resistance to pay more for AI, according to the report.

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On this episode of Stock Movers:
- American Eagle Outfitters (AEO) posted third-quarter results that outpaced expectations and raised its outlook as the apparel chain pivots quickly from weakness earlier this year. Comparable sales are expected to rise in the low single digits for the full fiscal year, the company said in a statement, up from its previous view that they’d be flat. Revenue and earnings per share for the third quarter also surpassed the average of analyst estimates.

- Meta Platforms (META) is hiring Alan Dye, Apple's (AAPL) "most prominent design executive" who has served as the head of Apple's user interface design team since 2015. Apple's stock dropped 0.6% on the news.

- Netflix Inc (NFLX) shares slipped on Wednesday following reports that the company has submitted a mostly cash bid for Warner Bros. Discovery Inc's (NASDAQ:WBD) studios and streaming division.

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On this episode of Stock Movers:

- Apple (AAPL) share slid on word that Meta poached its most prominent design executive in a major coup that underscores a push by the social networking giant into the AI-equipped consumer devices. The company is hiring Alan Dye, who has served as the head of Apple’s user interface design team since 2015, according to people with knowledge of the matter. Apple is replacing Dye with longtime designer Stephen Lemay, according to the people, who asked not to be identified because the personnel changes haven’t been announced.

- Microsoft (MSFT) shares slid after the Information reported that the software maker has lowered expectations for getting business customers to spend money on the cloud unit’s marketplace for artificial intelligence models and agents. Several divisions at Microsoft have lowered quotas for how much salespeople are supposed to increase sales of certain AI products after many of them missed their targets in the fiscal year that ended in June, the Information reported, citing two salespeople in the Azure cloud division. The unusual shift reflects how Microsoft is compensating for companies’ resistance to pay more for AI, according to the report.

- Boeing (BA) shares fell after the FTC announced conditions for the planemaker’s acquisition of Spirit AeroSystems to go forward.

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On this episode of Stock Movers:
- Microsoft (MSFT) shares slide after the Information reported that the software maker has lowered expectations for getting business customers to spend money on new artificial intelligence products. Several divisions at Microsoft have lowered quotas for how much salespeople are supposed to increase sales of certain AI products after many of them missed their targets in the fiscal year that ended in June.
- CrowdStrike (CRWD) shares dip after the software company reported its third-quarter results and provided an outlook. Analysts view annual recurring revenue (ARR) as a particular positive of the report, although they’re debating the outlook in the context of high expectations.
- Macy’s (M) shares fall after the company declined after its profit forecast for the current quarter disappointed investors, despite posting better-than-expected results. The company expects its adjusted diluted earnings per share to range between $1.35 to $1.55 in the current quarter, with Chief Executive Officer Tony Spring striking a cautious note on consumer spending.

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On this episode of Stock Movers:
- Marvell Technology (MRVL) shares rally after the company reassured investors that its custom chip-design unit is winning repeat orders, signaling continued growth as the company benefits from spending on AI computing.
- Gitlab (GTLB) shares fall after the software company’s results and forecast were seen as underwhelming. Bloomberg Intelligence wrote that the report reinforces concerns about AI.
- Microchip (MCHP) shares gain after the the semiconductor device company forecasted adjusted earnings per share for the third quarter that beat the average analyst estimate.

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On this episode of Stock Movers:
- Shares of Macy's (M) declined ahead of the opening bell after its profit forecast for the current quarter disappointed investors, overshadowing solid results in the lead-up to the holiday shopping season. The company said it expects its adjusted diluted earnings per share to range between $1.35 to $1.55 in the current quarter. The midrange of that forecast is below the average estimate of analysts. Macy’s Chief Executive Officer Tony Spring struck a cautious note on consumer spending in the coming weeks, saying in an interview that guidance was “prudent” and that the company is facing strong results from a year ago.
- Shares of American Eagle Outfitters (AEO) rallied ahead of the US market open after the company posted third-quarter results that outpaced expectations and raised its outlook as the apparel chain pivots quickly from weakness earlier this year. Comparable sales are expected to rise in the low single digits for the full fiscal year, the company said in a statement, up from its previous view that they’d be flat. Revenue and earnings per share for the third quarter also surpassed the average of analyst estimates.
- Shares of Marvell Technology (MRVL) rallied in the early session after the chipmaker said during its conference call that it expects data center revenue to grow by more than 25% next fiscal year. The company also announced plans to acquire startup Celestial AI for about $3.25 billion. On a post-earnings conference call with analysts, Marvell said it’s now more bullish about revenue growth next year and predicted that custom chip sales will increase 20%. Large customers have renewed orders, and Marvell said there won’t be a repeat of previous “air pockets,” when sales in that unit have declined.

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On this episode of Stock Movers:
- Shares of Dollar Tree (DLTR) moved higher in premarket trading after the company reported better-than-expected profit and raised its full-year earnings outlook, a sign the discount retailer is capturing more spending from stretched shoppers. Adjusted diluted earnings per share rose to $1.21 last quarter, higher than analysts expected, as same-store sales grew 4.2%, Dollar Tree said in a statement. The results indicate that Dollar Tree’s low-price model — 85% of its products cost $2 or less — is resonating as strained consumers prioritize essentials and purchase fewer discretionary items.
- Shares of American Eagle Outfitters (AEO) rallied ahead of the US market open after the company posted third-quarter results that outpaced expectations and raised its outlook as the apparel chain pivots quickly from weakness earlier this year. Comparable sales are expected to rise in the low single digits for the full fiscal year, the company said in a statement, up from its previous view that they’d be flat. Revenue and earnings per share for the third quarter also surpassed the average of analyst estimates.
- Shares of Marvell Technology (MRVL) rallied in the early session after the chipmaker said during its conference call that it expects data center revenue to grow by more than 25% next fiscal year. The company also announced plans to acquire startup Celestial AI for about $3.25 billion. On a post-earnings conference call with analysts, Marvell said it’s now more bullish about revenue growth next year and predicted that custom chip sales will increase 20%. Large customers have renewed orders, and Marvell said there won’t be a repeat of previous “air pockets,” when sales in that unit have declined.

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On this episode of Stock Movers:
- HSBC unexpectedly appointed Brendan Nelson as its next chair, choosing an insider to replace hard-charging financier Mark Tucker who has led Europe’s largest lender for much of the last decade.
- Qatar’s sovereign wealth fund sold a stake worth about £266 million ($352 million) in J Sainsbury Plc, bringing an end to its near two-decade run as the largest shareholder in the supermarket.
- Inditex sales accelerated in November, the Zara owner highlighting its resilience in the face of weakening consumer sentiment that’s hitting many of its peers.

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On this episode of Stock Movers: - Inditex sales accelerated in November, the Zara owner highlighting its resilience in the face of weakening consumer sentiment that’s hitting many of its peers. Shares soared.
- Stellantis gains as much as 8.4% after UBS analyst Patrick Hummel raised his recommendation on the carmaker to buy from neutral and following a report that the White House will announce new fuel efficiency standards for automobiles.
- Smiths Group agreed to sell its unit that makes airport security scanners to private equity firm CVC Capital Partners at an enterprise valuation of £2 billion ($2.7 billion).

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On this episode of Stock Movers:

- Boeing (BA) shares advanced as much as 9.2% after Malave’s comments, which provided the first detailed look at the planemaker’s cash projections for 2026. The company expects to generate cash again in 2026, with positive free cash flow to reach the “low-single digits” billions of dollars. They still expect to eventually reach the $10 billion cash-generation target outlined by the previous management team, according to Boeing Chief Financial Officer Jay Malave.

- Shares in Eric Trump’s crypto mining business lost more than half their value in less than 30 minutes on Tuesday. The nosedive of American Bitcoin Corp, (ABTC)which triggered repeated trading halts, followed the steep decline of many cryptocurrencies and crypto-linked companies into what some observers are calling the onset of a “crypto winter”. Bitcoin’s value has fallen sharply since the start of October and erased a year of large gains.

- Marvell Technology (MRVL) announced plans to acquire startup Celestial AI for about $3.25 billion, part of a push to capture more of the spending on artificial intelligence computing. The payment will include $1 billion in cash and Marvell shares valued at $2.25 billion, with the possibility of additional Marvell shares if Celestial AI hits certain revenue targets.

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On this episode of Stock Movers:

- Boeing (BA) expects to generate cash again in 2026, a significant reversal in the planemaker’s finances as it prepares to boost monthly production rates of its passenger aircraft. The US company expects positive free cash flow to reach the “low-single digits” billions of dollars next year, reversing the $2 billion cash burn seen for 2025, said Boeing Chief Financial Officer Jay Malave, in his first solo presentation at an investor conference since taking over the post in August. The assurances propelled Boeing’s shares, with the stock closing up over 10%, the most since April.

- Shopify (SHOP) shares rallied as traders embraced the platform after a strong weekend for shoppers following Thanksgiving. Shopify merchants achieved record sales of $14.6 billion during the Black Friday-Cyber Monday weekend, representing a 27% increase from last year.

- American Bitcoin Corp (ABTC) shares fall as much as 50% on Tuesday as the Bitcoin miner, which counts Eric Trump as a co-founder and chief strategy officer, continues to hurt due to the recent slide in Bitcoin prices. American Bitcoin shares have fallen over 60% from their peak in September through Monday, as Bitcoin has declined around 30% from its October record high.

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- Boeing (BA) shares advanced as much as 9.2% after Malave’s comments, which provided the first detailed look at the planemaker’s cash projections for 2026. The company expects to generate cash again in 2026, with positive free cash flow to reach the “low-single digits” billions of dollars. They still expect to eventually reach the $10 billion cash-generation target outlined by the previous management team, according to Boeing Chief Financial Officer Jay Malave.

- Janux Therapeutics (JANX) shares plunge 41% in premarket trading, after the drug developer gave interim data from an early-stage trial of its experimental therapy for an advanced form of prostate cancer that disappointed Wall Street. Analysts note a decline in the efficacy profile of the drug.

-Signet (SIG) shares slide 4.1% ahead of the bell after the jewelery retailer’s 4Q same-store sales forecast fell short of the consensus estimate. COO Joan Hilson blamed the “measured” 4Q outlook on “external disruptions since late October and potential continued softness in consumer confidence.”

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On this episode of Stock Movers:
- Boeing (BA) shares jump after the company said it expects to generate cash again in 2026, a significant reversal in the planemaker’s finances as it prepares to boost monthly production rates and pushes ahead with certification for the much-delayed 777X jetliner.
- Warner Brothers Discovery (WBD) shares gain on news that the company was fielding a second round of bids on Monday, including a mostly cash offer from Netflix Inc., in an auction that could wrap up in the coming days or weeks, according to people familiar with the discussions.
- Philip Morris (PM) shares fall after the company reaffirmed its adjusted earnings per share forecast for the full year. This forecast represents a projected increase of 13.5% to 15.1% versus adjusted diluted EPS of $6.57 in 2024.

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On this episode of Stock Movers:
- MongoDB (MDB) shares rally on Tuesday after the database software company reported stronger-than-expected results. It also raised its full-year forecast.
- Credo Technology (CRDO) shares rise after the company reported revenue for the second quarter that beat the average analyst estimate. The shares of competitor Astera Labs gained 3%.
- Boeing (BA) shares jump after the company said it expects to generate cash again in 2026, a significant reversal in the planemaker’s finances as it prepares to boost monthly production rates and pushes ahead with certification for the much-delayed 777X jetliner.

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On this episode of Stock Movers:
- Shares of Warner Bros. Discovery (WBD) edged higher ahead of the US market open after the company fielded a second round of bids on Monday, including a mostly cash offer from Netflix Inc., in an auction that could wrap up in the coming days or weeks, according to people familiar with the discussions. Bankers for Paramount Skydance Corp., Comcast Corp. and Netflix worked over the long Thanksgiving weekend on improved offers for all or part of Warner Bros., said the people, who asked not to be identified discussing nonpublic information. Paramount’s offer, while largely backed by the family of Oracle Corp. co-founder Larry Ellison, includes debt financing from Apollo Global Management Inc. Middle East funds are also contributing, the people said. The offers are binding, which means the board is in a position to sign off on a deal quickly if its goals are met.
- Shares of Bayer (BAYN GY) rallied in Frankfurt after the Trump administration urged the US Supreme Court to take up Bayer’s appeal targeting thousands of lawsuits blaming its top-selling Roundup weedkiller for causing cancer. US Solicitor General D. John Sauer – the administration’s top courtroom lawyer – recommended Monday that the high court agree to hear Bayer’s challenge to a $1.25 million Missouri jury verdict over Roundup on the grounds some of the claims were preempted by federal law.
- Shares of MongoDB (MDB) jumped in Tuesday's premarket session after the database software company posted an earnings beat. MongoDB's better-than-expected 4Q revenue and operating-profit guidance should help ease concerns about execution risks following the CEO transition, and underscores improving scale economics. The results will strengthen confidence in MongoDB's ability to compete with newer entrants and peers such as Elastic, according to Bloomberg Intelligence.

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On this episode of Stock Movers:
- Shares of Bayer (BAYN GY) rallied in Frankfurt after the Trump administration urged the US Supreme Court to take up Bayer’s appeal targeting thousands of lawsuits blaming its top-selling Roundup weedkiller for causing cancer. US Solicitor General D. John Sauer – the administration’s top courtroom lawyer – recommended Monday that the high court agree to hear Bayer’s challenge to a $1.25 million Missouri jury verdict over Roundup on the grounds some of the claims were preempted by federal law.
- Shares of Warner Bros. Discovery (WBD) edged higher ahead of the US market open after the company fielded a second round of bids on Monday, including a mostly cash offer from Netflix Inc., in an auction that could wrap up in the coming days or weeks, according to people familiar with the discussions. Bankers for Paramount Skydance Corp., Comcast Corp. and Netflix worked over the long Thanksgiving weekend on improved offers for all or part of Warner Bros., said the people, who asked not to be identified discussing nonpublic information. Paramount’s offer, while largely backed by the family of Oracle Corp. co-founder Larry Ellison, includes debt financing from Apollo Global Management Inc. Middle East funds are also contributing, the people said. The offers are binding, which means the board is in a position to sign off on a deal quickly if its goals are met.
- Shares of MongoDB (MDB) soared in Tuesday's premarket session after the database software company posted an earnings beat. MongoDB's better-than-expected 4Q revenue and operating-profit guidance should help ease concerns about execution risks following the CEO transition, and underscores improving scale economics. The results will strengthen confidence in MongoDB's ability to compete with newer entrants and peers such as Elastic, according to Bloomberg Intelligence.

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On this episode of Stock Movers:

- The Trump administration urged the US Supreme Court to take up Bayer’s appeal targeting thousands of lawsuits blaming its top-selling Roundup weedkiller for causing cancer.
- The Bank of England cut its estimate of how much capital British banks need for the first time in a decade and signaled a consultation that could free up extra lending and higher payouts to shareholders, even as it flagged rising risks in private markets.
- Campari shares gain as much as 4.2% after Barclays raised its recommendation on the Italian spirits company, citing growth prospects in the US.

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On this episode of Stock Movers:

- The Trump administration urged the US Supreme Court to take up Bayer’s appeal targeting thousands of lawsuits blaming its top-selling Roundup weedkiller for causing cancer.
- Persimmon is up on the rise in UK house prices for a third consecutive month, according to one of the country’s largest mortgage lenders, in a sign that the market defied the looming threat of tax hikes ahead of the Labour government’s Nov. 26 budget.
- Santander disposed of another 3.5% in its Polish subsidiary as it continues to reduce its holding following the sale of a controlling stake to Erste Bank Group earlier this year.

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On this episode of Stock Movers:

• Netflix (NFLX) and Warner Brothers (WBD) fluctuate in the aftermarket on the news Warner Bros. Discovery Inc. was fielding a second round of bids on Monday, including a mostly cash offer from Netflix Inc., in an auction that could wrap up in the coming days or weeks, according to people familiar with the discussions.
• MongoDB (MDB) soars after the database software company reported stronger-than-expected results. It also raised its full-year forecast.
• Shopify (SHOP) dips after Oppenheimer analyst Ken Wong said the pace of spending at the e-commerce firm moderated through Sunday during the Black Friday period

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