Stock Movers

On this episode of Stock Movers:

- Nvidia (NVDA)'s shares shares fizzled on Thursday after investors shrugged off a stronger-than-expected revenue forecast and assurances that the AI economy isn’t in a bubble. After initially climbing more than 5%, the stock fell as much as 2.8% to $181.25 in New York. The broader market also declined, weighed down by AI fears and concerns over whether the Federal Reserve will cut rates in December.

- Walmart (WMT) raised its full-year sales and profit outlook, a sign the world’s biggest retailer is winning over price-sensitive shoppers while absorbing rising costs. The company now sees net sales rising 4.8% to 5.1%, higher than its previous projection in August. It marks a second increase in forecast during the fiscal year. 

- Oracle (ORCL) the once stodgy database giant that’s borrowed tens of billions and tethered its fortunes to the artificial intelligence boom, is quickly emerging as the credit market’s barometer for AI risk. Traders have piled into the company’s credit-default swaps in recent months as Oracle’s massive AI-related spending spree, its central role in a web of interrelated deals, and its weaker credit grades compared with players such as Microsoft Corp. or Alphabet Inc. have made the contracts the market’s preferred way to hedge — and bet against — the AI boom. Shares of Oracle fell in trading amid a broader selloff. 

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Nvidia (NVDA) shares rise after the company delivered a strong revenue forecast, expecting sales of about $65 billion in the January quarter, and pushed back on the idea that the AI industry is in a bubble.
- Walmart (WMT) shares gain after the company raised its full-year sales and profit outlook, citing its ability to win over price-sensitive shoppers while absorbing rising costs. The company's net sales are now expected to rise 4.8% to 5.1%, driven by strong e-commerce performance and a wide assortment of products, including luxury items like pre-owned Chanel bags.
- Bath & Body Works (BBWI) shares slumped after cutting its full-year outlook and announcing a turnaround plan to refocus the home products retailer on its core business. The company will exit some categories, including men’s grooming and hair care, and launch its own brand page on Amazon.com Inc.’s webstore under the new transformation plan named the Consumer First Formula.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Nvidia (NVDA) shares rise after the company delivered a strong revenue forecast, expecting sales of about $65 billion in the January quarter, and pushed back on the idea that the AI industry is in a bubble.
- Bath & Body Works (BBWI) shares slumped after cutting its full-year outlook and announcing a turnaround plan to refocus the home products retailer on its core business. The company will exit some categories, including men’s grooming and hair care, and launch its own brand page on Amazon.com Inc.’s webstore under the new transformation plan named the Consumer First Formula.
- Verizon (VZ) shares drop after the company announced wide-ranging layoffs Thursday morning that will shrink the company by as much as 20% of its non-union workforce, a major step in a turnaround plan led by new Chief Executive Officer Dan Schulman.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Nvidia (NVDA) rallied in the premarket session after the company delivered a surprisingly strong revenue forecast and pushed back on the idea that the AI industry is in a bubble, easing concerns that had spread across the tech sector. The world’s most valuable company expects sales of about $65 billion in the January quarter — roughly $3 billion more than analysts predicted. Nvidia also said that a half-trillion-dollar revenue bonanza due in coming quarters may be even bigger than anticipated. The outlook signals that demand remains robust for Nvidia’s artificial intelligence accelerators, the pricey and powerful chips used to develop AI models. Nvidia had faced growing fears in recent weeks that the runaway spending on such equipment wasn’t sustainable.
- Shares of Walmart (WMT) rallied in early trading after the company increased its outlook for sales in the full year, a sign the world’s biggest retailer is winning over price-sensitive shoppers while digesting costs it expects to rise in the coming months. The company now sees net sales rising 4.8% to 5.1%, higher than its previous projection in August. It marks a second increase in forecast during the fiscal year. The results are likely to alleviate some concerns that consumers are pulling back amid a cooling job market, corporate layoffs and rising prices. Rival big-box chains have warned that consumers remain cautious, increasing attention on the world’s largest retailer as it prepares to enter its next chapter under a new chief executive officer next year.
- Shares of Bath & Body Works (BBWI) plummeted ahead of the US market open after the company cut its full-year outlook and announced a turnaround plan to refocus the home products retailer on its core business. The company’s previous strategy was aligned to drive incremental growth but led to weakness of the brand, as it expended beyond its core business, Chief Executive Officer Daniel Heaf told Bloomberg. That prompted a raft of promotions which eroded returns for the company. A new transformation plan — named the Consumer First Formula — is projecting $250 million in cost savings over the next two years, according to a Thursday statement.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Nvidia (NVDA) rallied in the premarket session after the company delivered a surprisingly strong revenue forecast and pushed back on the idea that the AI industry is in a bubble, easing concerns that had spread across the tech sector. The world’s most valuable company expects sales of about $65 billion in the January quarter — roughly $3 billion more than analysts predicted. Nvidia also said that a half-trillion-dollar revenue bonanza due in coming quarters may be even bigger than anticipated. The outlook signals that demand remains robust for Nvidia’s artificial intelligence accelerators, the pricey and powerful chips used to develop AI models. Nvidia had faced growing fears in recent weeks that the runaway spending on such equipment wasn’t sustainable.
- Shares of rival chipmakers Advanced Micro Devices (AMD), Broadcom (AVGO), and Intel (INTC) all received an Nvidia-fueled boost in early trading. Nvidia's suppliers jumped in Japan, South Korea and Taiwan, lifting benchmarks there. Nvidia’s better-than-expected earnings and outlook, coupled with the momentum that Korean semiconductor exports displayed earlier this month, prime tech shares to extend their immediate rebound because investors are likely to get drawn back in.
- Cloud computing providers Coreweave (CRWV) and Oracle (ORCL) also found themselves as beneficiaries of Nvidia's earnings beat. Thursday's earnings reassured investors on artificial intelligence demand, even as questions linger over the rebound’s durability, stretched valuations and the Federal Reserve’s policy path.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- BNP Paribas announced a new buyback and plans to reach a target for capital strength early as Chief Executive Officer Jean-Laurent Bonnafe seeks to reverse a recent slide in the stock price.Shares rallied as much as 6.6%, as the measures reassured investors following a series of setbacks.
- Games Workshop shares rise as much as 11%, hitting a record high, after the maker of the Warhammer tabletop game released a 1H trading update that Jefferies described as “outstanding.” Peel Hunt upgraded the stock to buy, citing the company’s “strong performance.”
- JD Sports shares drop as much as 2.4% this morning after the apparel retailer warned annual profit before tax and adjusting items will be at the lower end of market expectations. Shares have already pared losses, with analysts noting the stock is trading at a low multiple.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- BNP Paribas announced a new buyback and plans to reach a target for capital strength early as Chief Executive Officer Jean-Laurent Bonnafe seeks to reverse a recent slide in the stock price.Shares rallied as much as 6.6%, as the measures reassured investors following a series of setbacks.
- ASML shares gained as Nvidia’s upbeat forecast soothed fears of an AI spending bubble
- JD Sports shares drop as much as 2.4% this morning after the apparel retailer warned annual profit before tax and adjusting items will be at the lower end of market expectations. Shares have already pared losses, with analysts noting the stock is trading at a low multiple

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

•  Nvidia (NVDA), the world’s most valuable company, gave a strong revenue forecast for the current period, helping counter concern that a global surge in AI spending is poised to fizzle. Sales will be about $65 billion in the fiscal fourth quarter, which runs through January, the chipmaker said in a statement Wednesday. Analysts had estimated $62 billion on average, with some predictions ranging as high as $75 billion. Nvidia shares gained about 5% in late trading after the report was released. They had been up 39% this year through the close.
•  Block (XYZ) shares rose about 7% after the payments firm, led by Jack Dorsey, said it expects profit growth to accelerate over the next three years while launching products at a faster clip and doubling down on efforts to integrate its consumer-focused Cash App and merchant payment service Square.
• Alphabet (GOOG) shares soared the most in two months on Wednesday as a wave of glowing reviews for the newly released version of its Gemini artificial intelligence model spurred investor confidence about the company’s position in the ever-changing tech landscape.

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, Katie Greifeld, Tim Stenovec and Carol Massar.

On this episode of Stock Movers:

- Lowe's (LOW) closed about 4% higher after the company reported profit that topped expectations on a pickup in online sales and growth in demand from professional contractors. Adjusted earnings per share were $3.06 in the third quarter, the company said in a statement Wednesday, compared with the $3.00 estimate of analysts surveyed by Bloomberg. Lowe’s reported positive same-store sales growth for a second consecutive quarter on strength in its digital channel and in home services.

- Alphabet (GOOGL) rose after glowing reviews for its newly released Gemini artificial intelligence model. The stock's rally extended a banner year for Alphabet, with its 57% jump in 2025 making it the best-performing member of the Magnificent 7 cohort.

 - Abbott Labs (ABT) closed 2.96% lower. Abbott Laboratories is nearing a potential acquisition of Exact Sciences, in what would be its largest deal in nearly a decade, people familiar with the matter said. A deal could be announced in the coming days, and including a premium, a takeover of Exact Sciences would be the largest deal of the year in the health-care sector, data compiled by Bloomberg show.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Shares of Target Corporation (TGT) dipped in premarket trading after the company trimmed its profit forecast for the year, signaling that its turnaround push is going to take more time as the big-box retailer deals with markdowns and soft demand in key merchandise areas. The company now expects earnings per share, excluding some items, of $7 to $8 this year, cutting the high end of its previous forecast. By that same measure, third-quarter results surpassed the average of analyst estimates, but the key retail metric of comparable sales contracted more than expected. 
- Shares of Lowe's Co. (LOW) rallied after the company reported profit that topped expectations on a pickup in online sales and growth in demand from professional contractors. Adjusted earnings per share were $3.06 in the third quarter, the company said in a statement Wednesday, compared with the $3.00 estimate of analysts surveyed by Bloomberg. Lowe’s reported positive same-store sales growth for a second consecutive quarter on strength in its digital channel and in home services. It saw “continued growth” in sales to professional contractors, a market it has sought to expand in recently.
- Shares of Semrush Holdings (SEMR) soared in the early session after news Adobe agreed to buy the marketing software company for $1.9 billion, marking its first takeover announcement since the failed $20 billion acquisition of Figma Inc. in 2022. The all-cash deal will value Semrush at $12 per share and is expected to close in the first half of 2026, Adobe said in a statement Wednesday. Semrush is a platform that allows businesses to analyze and optimize their online marketing, including how their company appears in AI search results. Acquiring the company will help Adobe offer “a comprehensive solution that gives marketers a holistic understanding of how their brands appear across owned channels, LLMs, traditional search and the wider web,” the company said in the statement.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- WH Smith Chief Executive Officer Carl Cowling resigned, as an accounting error forced the British retailer to cut its profit outlook in North America for a second time.
- Vivendi shares slumped on Wednesday after Le Monde reported that billionaire Vincent Bolloré’s eponymous holding could escape having to pay anything to compensate minority shareholders over the recent split of the group.
- Kering dropped the most in nearly two weeks, after CEO Luca de Meo said the company must reduce its reliance on its flagship Gucci brand and further scale back its store network to return to growth, according to a Reuters report.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Ocado shares slump after its biggest customer, US grocer Kroger Co., said its automated warehouse network is falling short of financial expectations and announced the closure of three sites.
-  WH Smith shares fall only modestly in early trading as analysts find some positives amid the publication of an independent review by Deloitte that led to the resignation of CEO Carl Cowling.
- Jet2 shares rise the most since April, after the budget airline reassured investors concerned about recent weakness in prices by reiterating it should meet underlying profit expectations this year.

See omnystudio.com/listener for privacy information.

On this episode of stock movers:

• Microsoft (MSFT) and Amazon (AMZN) fall after Rothschild & Co Redburn's Alexander Haissl downgraded Microsoft Corp. and Amazon.com Inc. to neutral from buy, citing the industry's "trust us – Gen-AI is just like early cloud 1.0" narrative as "increasingly misplaced"
• Home Depot (HD) sinks after the company cut its full-year earnings guidance, warning that some unsteady consumers are hitting the pause button on big-ticket home purchases.
• Honeywell (HON) drops after BofA Global Research cut the recommendation on the industrial giant to underperform from buy, becoming the lone sell-equivalent rating in Bloomberg data. BofA expects shares to lag as elements of its spinoff strategy disappoint investors and the company doesn’t deliver earnings growth next year.

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, Katie Greifeld, Tim Stenovec and Carol Massar.

On this episode of Stock Movers:

- Medtronic (MDT) gained 4.6%, the biggest gainer in the S&P today. The rise came after the medical device maker lifted the bottom end of its range for adjusted profit forecast for the year. The company also boosted its organic revenue outlook following better-than-expected results in the second quarter. 

- Merck (MRK) shares rose to their highest level since March after the drugmaker said a mid-stage trial of its drug for a rare form of high blood pressure met its main goal. Analysts see the trial win as a potential for an expanded market for the drug, Winrevair.

- Nvidia closed 2.8% lower. Tech weakness is persisting ahead of Nvidia's earnings report. The company, along with Microsoft, is committing to invest up to a combined $15 billion in Anthropic in a move that ties the AI developer closer to two of the biggest backers for its rival OpenAI. 

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Amazon (AMZN) shares drop after Rothschild & Co Redburn's Alexander Haissl downgraded Microsoft Corp. and Amazon.com, Inc. to neutral from buy, citing the industry's "trust us" – Gen-AI is just like early cloud 1.0” narrative looks “increasingly misplaced,
- Home Depot (HD) shares fall after the company cut its full-year earnings guidance, warning that some unsteady consumers are hitting the pause button on big-ticket home purchases. The world’s largest home-improvement retailer said it expects adjusted earnings per share to decline 5% from a year ago, lower than its previous forecast.
- Cloudflare (NET) shares fall after a worldwide outage at the network of cybersecurity firm Cloudflare Inc. appeared to be resolving after several hours of disruption on Tuesday.The outage had taken down the websites for everything from the chief US energy regulator, ChatGPT, the New Jersey transit authority and the social-media platform X. ChatGPT and X were among the services that were back online by 10 a.m. New York time.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Microsoft (MSFT) shares drop after Rothschild & Co Redburn's Alexander Haissl downgraded Microsoft Corp. and Amazon.com, Inc. to neutral from buy, citing the industry's "trust us" – Gen-AI is just like early cloud 1.0” narrative looks “increasingly misplaced,
- Home Depot (HD) shares fall after the company cut its full-year earnings guidance, warning that some unsteady consumers are hitting the pause button on big-ticket home purchases. The world’s largest home-improvement retailer said it expects adjusted earnings per share to decline 5% from a year ago, lower than its previous forecast.
- Honeywell (HON) shares sink after BofA Global Research cut the recommendation on the industrial giant to underperform from buy, becoming the lone sell-equivalent rating in Bloomberg data. BofA expects shares to lag as elements of its spinoff strategy disappoint investors and the company doesn’t deliver earnings growth next year.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Shares of Home Depot (HD) fell ahead of the US market open after the company cut its full-year earnings guidance, warning that some unsteady consumers are hitting the pause button on big-ticket home purchases. The world’s largest home-improvement retailer said it expects adjusted earnings per share to decline 5% from a year ago, lower than its previous forecast. The company said its profit and comparable sales came in lower than expected in the last quarter, citing the overall weakness in the housing market and a lack of storms that hampered demand in roofing, generators and other categories.
- Shares of Microsoft (MSFT) and Amazon (AMZN) both moved lower in the early session after Rothschild & Co Redburn’s Alexander Haissl downgraded the stocks for the first time since initiating coverage in June 2022, according to data compiled by Bloomberg. Haissl’s downgrades follow a selloff in the tech-heavy Nasdaq 100, which has wiped out almost $1.8 trillion since a late-October peak to send the gauge down 5.1% in that time. Investors have retreated from AI-related stocks amid unease over stretched valuations.
- Shares of Apple (AAPL) moved higher in premarket trading after the company's iPhone 17 series drove a 37% rise in its monthly smartphone sales in China, signaling strong momentum in a key market. iPhones accounted for one in every four smartphones sold in the country in October, the first time it’s hit that threshold since 2022, according to Counterpoint Research. The figures suggest Apple’s year-on-year upgrades are resonating with consumers and support Chief Executive Officer Tim Cook’s prediction that the company will return to growth in China this quarter.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Akzo Nobel has agreed to acquire smaller rival paint maker Axalta Coating Systems Ltd. in a cross-border share deal that values the target at €7.9 billion ($9.2 billion). The Dutch company’s stock fell as much as 4.4% in Amsterdam early Tuesday, the steepest intra-day drop since Oct. 22.
- Rheinmetall sees sales of about €50 billion in 2030, according to a presentation for its capital markets day. Shares rose as much as 2.4%
- Amundi will buy into the alternative investment firm ICG as it seeks to tap into the booming demand for unlisted assets. Shares rose us much as 11% this morning. Tiwa Adebayo

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

- Dell (DELL) shares fell in trading today after Morgan Stanley downgraded it. A memory “supercycle” increasingly poses a risk to earnings of hardware original equipment and design manufacturers (OEMs and ODMs), Morgan Stanley analysts wrote as they cut ratings on HP, Dell, Pegatron and Asustek to underweight.

- Several online travel agencies, including Expedia (EXPE) declined today after Alphabet's Google announced the launch of an AI-powered feature that allows users to book flights and hotels. Expedia fell as much as 6.1%, the most intraday since May 9.

- Alphabet (GOOG) rallied on the news that Warren Buffett’s Berkshire Hathaway Inc. acquired 17.9 million shares of it. Berkshire’s Alphabet stake, representing 0.31% of the outstanding shares, according to a regulatory filing Friday, was worth about $4.9 billion as of the market close.

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, Scarlet Fu, Tim Stenovec and Carol Massar.

On this episode of Stock Movers:
- Vita Coco (COCO) shares rise 5.1% ahead of the bell after BofA analyst Peter Galbo upgrades his recommendation on the coconut water company to buy from neutral, after President Donald Trump issued an order on Friday reducing tariffs on hundreds of food products that can’t be produced in the US in sufficient quantity to meet domestic demand, including coconuts.
- Dell (DELL) shares are sliding after Morgan Stanley downgraded it due to sluggish demand. Shares of Dell declined nearly 10% during trading on Monday.
- Peter Thiel’s hedge fund Thiel Macro sold off its holdings in Nvidia (NVDA) during the third quarter, according to a 13F filing. The fund offloaded its entire position of 537,742 shares in the world’s premier AI chipmaker, which would have been worth about $100 million based on the closing price from Sept. 30. The filing comes not long after SoftBank Group Corp. announced a similar move to sell off its shares in Nvidia in October for $5.83 billion.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

- Alphabet (GOOG) shares are rallying on news that Warren Buffett’s Berkshire Hathaway acquired 17.9 million shares in the Google parent during the third quarter. Buffett, 95, who plans to step down as chief executive officer at year-end, has been finding ways to deploy some of Berkshire’s cash pile, which rose to a record $382 billion at the end of the quarter

- Dell (DELL) shares are sliding after Morgan Stanley downgraded it due to sluggish demand. Shares of Dell declined nearly 10% during trading on Monday.

- StubHub (STUB) and Live Nation shares declined after Financial Times reports that the UK plans to ban the resale of tickets for live events above their original cost. According to analysts at Bloomberg Intelligence, the potential move would "be a dramatic step to combat scalping, given prior proposals were for a cap at 30% above face value. Yet the move would likely have a limited effect on platforms like StubHub and Vivid Seats, given the vast majority of their transactions are in North America."

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Amazon (AMZN) shares fall on news that the company is seeking to raise about $12 billion through a debt offering — its first such deal in US dollars in about three years. The company is selling investment-grade bonds in as many as six parts, with proceeds that may be used for acquisitions, capital expenditures, and share buybacks.
- Nvidia (NVDA) shares drop after news that Peter Thiel’s hedge fund Thiel Macro LLC sold its stake in the company during the third quarter, offloading its entire position of 537,742 shares.
- Alphabet (GOOGL) shares gained after a report said Warren Buffett's Berkshire Hathaway said it took a stake in Google's parent company last quarter.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Alphabet (GOOGL) shares surge after a report said Warren Buffett's Berkshire Hathaway said it took a stake in Google's parent company last quarter.
- Quantum Computing (QUBT) after news that Alyeska Investment Group reported a position in Quantum Computing Inc. in the third quarter, 3 percent of the company's outstanding stock.
- Johnson & Johnson (JNJ) shares gain after news that the company agreed to buy Halda Therapeutics for $3.05 billion cash as part of a strategy to cope with eroding sales for its major psoriasis drug.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Shares of Nvidia (NVDA) edged lower in early trading ahead of the company's highly anticipated earnings report due Wednesday after the close. Monday's premarket dip comes after Peter Thiel’s hedge fund Thiel Macro LLC sold off its holdings in Nvidia Corp. during the third quarter, marking another retreat from the leading provider of artificial-intelligence chips. The fund offloaded its entire position of 537,742 shares in the world’s premier AI chipmaker, which would have been worth about $100 million based on the closing price from Sept. 30. The Thiel Macro fund now counts Apple Inc., Microsoft Corp. and a reduced stake in Tesla Inc. as its main bets, according to a 13F filing.
- Shares of Alphabet (GOOG) moved higher ahead of the US market open, after regulatory filings Friday showed Warren Buffett’s Berkshire Hathaway acquired 17.9 million shares in the Google parent during the third quarter. Even boasting some of the strongest balance sheets and highest ratings among corporate issuers, software and services providers' increased spending and borrowing have widened their bond spreads, with some facing downgrades. Though spreads are wider, the risk of significant widening, for most, appears contained. In fact, the largest hyperscalers -- including Amazon.com, Microsoft, Alphabet and Meta -- may be among the best positioned across the Bloomberg US Corporate Bond Index, based on Bloomberg Intelligence's credit-driver matrix.
- Shares of The EW Scripps Co. (SSP) soared in the premarket trade after Sinclair took a 8.2% stake in the news multimedia company as part of a potential merger strategy that the pair have been discussing for several months, according to a 13D filing. Amid industry headwinds and a more favorable FCC tone on M&A, the company has suggested a large-scale deal could generate $600-$900 million in annual synergies from retransmission step-ups and cost efficiencies.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Alphabet (GOOG) is the biggest gainer among Magnificent 7 tech stocks in US premarket trading Monday, after regulatory filings Friday showed Warren Buffett’s Berkshire Hathaway acquired 17.9 million shares in the Google parent during the third quarter.
- Peter Thiel’s hedge fund Thiel Macro sold off its holdings in Nvidia (NVDA) during the third quarter, according to a 13F filing. The fund offloaded its entire position of 537,742 shares in the world’s premier AI chipmaker, which would have been worth about $100 million based on the closing price from Sept. 30. The filing comes not long after SoftBank Group Corp. announced a similar move to sell off its shares in Nvidia in October for $5.83 billion.
- Sinclair (SBGI) has taken an 8.2% stake in EW Scripps as part of a potential merger strategy that it has been actively discussing with the company for several months, according to a 13D filing.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Societe Generale unveiled a €1 billion ($1.2 billion) share buyback, a boost for investors who have been holding out for more payouts. SocGen’s share price rose as much as 1.5% in Paris on Monday and was trading 0.5% higher at 10:07 a.m., giving the firm a market value of €44.7 billion.
- TotalEnergies SE agreed to buy a 50% stake in a portfolio of western European power-generation assets from Daniel Kretinsky's energy holding company for about €5.1 billion.
- WPP shares gain as much as 6.7% as advertising agency Havas has expressed interest in the London-listed company, the Times reported over the weekend.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- WPP shares gain as much as 6.7% as advertising agency Havas has expressed interest in the London-listed company, the Times reported over the weekend.
- Saab has a contract with the Colombian government to supply new fighter jets in a deal worth €3.1 billion. Saab shares gained as much as 6% when trading started in the Swedish capital on Monday, taking gains so far this year for the stock to 138%.
- SUSS MicroTec aims to increase sales to between €750 million and €900 million by 2030, corresponding to an average annual sales growth of 9% to 13%, according to statement for the company’s Capital Markets Day. Shares rose as much as 4.2% on Tradegate vs the Xetra close.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers, we take a look at some of the biggest gainers and decliners of the week:
- Disney (DIS) reported sales that fell short of Wall Street estimates and said a slate of big-budget films, including a new Avatar picture, will weigh on results for the first quarter of its new fiscal year. Shares of Disney fell 7.8% to $107.61 at the close in New York on Thursday following the earnings release. It was Disney's worst one-day loss since April.
- Warner Bros. Discovery (WBD) shares bounced around this week on reports that Paramount, Comcast and Netflix were preparing bids for it. On Friday, the media conglomerate amended the contract of Chief Executive Officer David Zaslav to ensure his stock options remain eligible to vest even if it's sold. The change, announced in a regulatory filing Thursday, follows the company’s decision last month to consider strategic options including a possible sale. Shares rallied on Friday to close the week.
- Walmart (WMT)'s Chief Executive Officer Doug McMillon recently spoke about the impact of artificial intelligence, saying it’s clear that the technology is going to change “literally every job.” That includes the very one he’s now passing along — a move that fits a tenure defined by staying a step ahead of change. Shares initially fell on the news.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Nvidia (NVDA) shares traded higher amid a broader relief rally in tech stocks and the S&P 500. The relief brought by the US shutdown’s end gave way to volatility this week as a host of Fed speakers threw cold water on bets for further policy easing. Hot areas favored by momentum traders such as artificial-intelligence whipsawed and Bitcoin was barely up for 2025.
- Walmart (WMT)'s Chief Executive Officer Doug McMillon, who over a decade ushered the big-box behemoth into the Internet age, will retire in February. He’ll be replaced by US head John Furner — long viewed as the heir apparent. Furner, 51, takes over as Walmart faces a fast-moving shift toward artificial intelligence, an uneven US economy, and a rapidly changing global workforce. The company recently inked a partnership with OpenAI, which will allow shoppers to directly make purchases through ChatGPT. The retailer has said automation has helped it keep headcount steady at about 2 million employees globally. Investors were initially rattled by the change at the top, with the company’s shares sliding as much as 3.6% on Friday.
- Nike (NKE) has ended an initiative that gave employees an extra week off each year to promote mental health and wellness. Nike’s annual “Wellness Week,” which started in 2021, had been held each August, with the world’s largest sportswear company powering down its corporate headquarters in Beaverton, Oregon, to give staff more time to unwind. Chief People Officer Treasure Heinle told staff this week that the program was instituted as the world endured Covid-19, but the company is now in a “pivotal moment” that requires changes in how employees approach their work, according to a replay of the meeting reviewed by Bloomberg News. Shares of Nike fell.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Cidara Therapeutics (CDTX) shares rise after Merck agreed to acquire Cidara Therapeutics for $221.50 a share in cash in a tender offer, for a total transaction value of about $9.2 billion. Merck is seeking deals to expand its portfolio of treatments as it prepares for patent losses that are expected to erode its sales over the next five years, including a patent expiration for Keytruda in 2028.
- Stubhub shares tumble as much as 31% on Friday, with analysts surprised that the ticketing platform did not provide a forecast for the current quarter. This is the firm’s first quarterly report after going public in September. Bank of America downgraded the stock to neutral, as the call commentary and lack of 4Q guidance “added estimate uncertainty.”
- Warner Brothers-Discovery (WBD) shares rise after WSJ report that Warner Bros. Discovery is holding an auction process, with Paramount, Comcast, and Netflix preparing bids, according to people familiar with the matter.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Merck (MRK) shares drop after the company agreed to acquire Cidara Therapeutics in a $9.2 billion deal, which is a biotech company developing a flu treatment. Merck will pay $221.50 a share in cash for Cidara in a tender offer, more the twice Thursday’s closing price.
- Walmart (WMT) shares fall after Walmart CEO Doug McMillon said he will retire in February and be replaced by John Furner. Furner has been long viewed as an heir apparent for McMillon and runs the company’s largest business in the US.
- Nvidia (NVDA) shares are little changed. It's set for 2 weeks of declines, the longest streak since early September. Nvidia earnings are next week and over the past year have often been a catalyst to sell; particularly 3-5 days after the event.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Shares of biotech company Cidara Therapeutics (CDTX) surged as much as 106% in premarket trading after Merck agreed to buy the biotech for $221.50 per share in cash, for a total transaction value of about $9.2 billion. Merck is seeking deals to expand its portfolio of treatments as it prepares for patent losses that are expected to erode its sales by $18 billion over the next five years. In 2028, Merck faces a patent expiration for Keytruda, the best-selling drug in pharmaceutical history which accounted for almost half of the company’s revenue last year.
- Stubhub (STUB) shares tumble as much as 20% in premarket trading on Friday as analysts note that it was surprising that the ticketing platform did not provide a forecast for the current quarter. This is the firm’s first quarterly report after going public in September.
- Warner Bros. Discovery (WBD) shares rallied ahead of the US market open following a Wall Street Journal report that Paramount, Comcast and Netflix are preparing bids for the media giant. WBD amended the contract of Chief Executive Officer David Zaslav to ensure his stock options remain eligible to vest even if the media company is sold. The change, announced in a regulatory filing Thursday, follows the company’s decision last month to consider strategic options including a possible sale.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Shares of Applied Materials (AMAT) tumbled in premarket trading after the company suffered a sales decline last quarter and predicted another drop in the current period, though the chip-equipment maker sees demand improving in the second half of 2026. Sales will be approximately $6.85 billion in fiscal first quarter, which runs through January, the company said in a statement Thursday. Though that was slightly higher than the $6.81 billion average estimate, it would represent a decline of more than 4% from the year-earlier period.
- Warner Bros. Discovery (WBD) shares edged higher in premarket trading following a Wall Street Journal report that Paramount, Comcast and Netflix are preparing bids for the media giant. WBD amended the contract of Chief Executive Officer David Zaslav to ensure his stock options remain eligible to vest even if the media company is sold. The change, announced in a regulatory filing Thursday, follows the company’s decision last month to consider strategic options including a possible sale.
- Shares of Merck (MRK) moved lower ahead of the US market open after word the company is closing in on a deal to acquire Cidara Therapeutics Inc., a biotech company developing a treatment for influenza, according to the Financial Times. The deal would value San Diego-based Cidara at a premium to its current valuation of $3.3 billion and could be announced as soon as Friday, the newspaper reported.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Richemont sales climbed as shoppers from the US to China snapped up the luxury group’s pricey Cartier and Van Cleef & Arpels jewelry.
- PPHE Hotel Group's biggest shareholders are considering options for the real estate company behind Park Plaza Hotels in Europe, including contributing capital or selling some of their stakes.
- Ubisoft decided to delay the publication of its first-half financial results on the day that they were due to be released, requesting hat the trading of its shares be halted.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Richemont sales climbed as shoppers from the US to China snapped up the luxury group’s pricey Cartier and Van Cleef & Arpels jewelry.
- Siemens Energy raised its mid-term financial targets on strong demand for gas turbines and data center equipment as well as restructuring progress at its Gamesa wind turbine unit.
- Lloyds Banking Group shares dipped on the back of a UK asset sell off on reports that Chancellor Rachel Reeves has dropped plans to raise the headline rates of income tax in the coming budget.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

• Warner Bros. Discovery (WBD) shares rose more than 5% in postmarket trading, after the Wall Street Journal reported that Paramount, Comcast and Netflix are preparing bids for the company, citing people familiar with the matter.
• Cisco (CSCO) shares gained on Thursday after the network-equipment giant boosted its 2026 forecast, showing progress in its effort to capture more artificial intelligence spending. The company, the top maker of machines that run computer networks and the internet, now expects sales of as much as $61 billion in the fiscal year ending in July, it said in a statement on Wednesday. That’s about $1 billion more than it previously expected and higher than Wall Street estimates. Cisco also increased its earnings forecast, which similarly topped analysts’ predictions.
• Tesla (TSLA) is developing support for Apple Inc.’s CarPlay system in its vehicles, according to people with knowledge of the matter, working to add one of the most highly requested features by customers. Shares of the company fell amid a broader selloff in tech stocks.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Google (GOOG) shares drop. This is after news that the company is under investigation by European Union antitrust watchdogs over concerns it unfairly demotes some news results in a probe that risks adding to its €9.5 billion ($11 billion) EU fines tally and worsening fraught relations with the Trump administration.
- Walt Disney (DIS) shares fall after the company reported sales that fell short of Wall Street estimates, with revenue for the fourth quarter at $22.5 billion. The company predicts challenges early in the new fiscal year, including expenses tied to the theatrical release of Zootopia 2 and Avatar: Fire and Ash, which will reduce earnings by $400 million.
- Sealed Air (SEE) shares rose the most intraday since March 2020, to trade as high as $44.27 as people with knowledge of the matter say Clayton Dubilier & Rice is exploring a potential acquisition of the Bubble Wrap maker.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Sealed Air (SEE) shares rose the most intraday since March 2020, to trade as high as $44.27 as people with knowledge of the matter say Clayton Dubilier & Rice is exploring a potential acquisition of the Bubble Wrap maker.
- Cisco (CSCO) shares rose after the maker of networking equipment boosted its adjusted earnings per share guidance for the full year that beat the average analyst estimate as the firm captures more artificial intelligence spending. Analysts, however, note weakness in the company’s security and non-AI businesses.
- Walt Disney (DIS) shares fall after the company reported sales that fell short of Wall Street estimates, with revenue for the fourth quarter at $22.5 billion. The company predicts challenges early in the new fiscal year, including expenses tied to the theatrical release of Zootopia 2 and Avatar: Fire and Ash, which will reduce earnings by $400 million.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Shares of the Walt Disney Co. (DIS) fell ahead of the US market open after the company reported sales that fell short of Wall Street estimates and said a slate of big-budget films, including a new Avatar picture, will weigh on results for the first quarter of its new fiscal year. Revenue for the fourth quarter was little changed at $22.5 billion, Disney said Thursday, falling below the $22.8 billion average of analyst estimates compiled by Bloomberg. Earnings came to $1.11 a share in the period ended Sept. 27, excluding some items, beating estimates of $1.07. Disney’s entertainment division faces challenges early in the new fiscal year on three fronts: streaming, films and TV. The company predicts $375 million in operating income from online video in the first quarter. While that represents higher profit for the business, Wall Street was expecting more.
- Shares of Cisco Systems (CSCO) soared in premarket after the network-equipment giant boosted its 2026 forecast, showing progress in its effort to capture more artificial intelligence spending. The company, the top maker of machines that run computer networks and the internet, now expects sales of as much as $61 billion in the fiscal year ending in July. That’s about $1 billion more than it previously expected and higher than Wall Street estimates. Cisco also increased its earnings forecast, which similarly topped analysts’ predictions. The outlook sparked fresh optimism that Cisco can benefit from booming AI spending. The San Jose, California-based company is updating chips and networking gear to better connect server racks and data centers in order to handle complicated AI tasks.
- Anthropic PBC plans to spend $50 billion to build custom data centers for artificial intelligence work in several US locations, including Texas and New York, the latest expensive pledge for infrastructure to support the AI boom. The new sites, which Anthropic is developing with UK-based Fluidstack Ltd., will start coming online throughout 2026, the company said Wednesday in a statement. The project marks the first major data center build-out that the AI firm has taken on directly,

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Shares of the Walt Disney Co. (DIS) edged lower in premarket trading after the company reported sales that fell short of Wall Street estimates and said a slate of big-budget films, including a new Avatar picture, will weigh on results for the first quarter of its new fiscal year. Revenue for the fourth quarter was little changed at $22.5 billion, Disney said Thursday, falling below the $22.8 billion average of analyst estimates compiled by Bloomberg. Earnings came to $1.11 a share in the period ended Sept. 27, excluding some items, beating estimates of $1.07. Disney’s entertainment division faces challenges early in the new fiscal year on three fronts: streaming, films and TV. The company predicts $375 million in operating income from online video in the first quarter. While that represents higher profit for the business, Wall Street was expecting more.
- Shares of Cisco Systems (CSCO) soared ahead of the US market open after the network-equipment giant boosted its 2026 forecast, showing progress in its effort to capture more artificial intelligence spending. The company, the top maker of machines that run computer networks and the internet, now expects sales of as much as $61 billion in the fiscal year ending in July. That’s about $1 billion more than it previously expected and higher than Wall Street estimates. Cisco also increased its earnings forecast, which similarly topped analysts’ predictions. The outlook sparked fresh optimism that Cisco can benefit from booming AI spending. The San Jose, California-based company is updating chips and networking gear to better connect server racks and data centers in order to handle complicated AI tasks.
- US listed shares of Alibaba (BABA) rallied in early trading after the Chinese tech giant announced it is preparing an overhaul of its main mobile AI app in coming months to help it more closely resemble OpenAI’s ChatGPT, a key step in a broader effort to catch rivals and eventually earn money off individual users. Alibaba plans to start by updating the existing “Tongyi” apps on iOS and Android and renaming them “Qwen,” after the company’s well-known AI model, people familiar with the matter said. It will then gradually add agentic-AI features to support shopping on platforms including the main Taobao marketplace in coming months, according to sources. The end goal is to try and make Qwen a fully functioning AI agent, the people said, a prime objective for the industry both in the US and China.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Burberry shares gain 4.8% after the UK trench coat maker reported retail comparable sales for its second quarter that beat analyst estimates, turning positive for the first time in two years
- Wizz Air shares jump as much as 17%, the most since February, after the budget airline reported earnings ahead of expectations. The beat comes after the stock hit a record low last week, with analysts noting that expectations were low.
- France’s billionaire Saadé family, who made their money in shipping and logistics, is a new anchor shareholder in supermarket chain Carrefour. Shares of Carrefour opened up 1.6% in early trading in Paris Thursday.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Burberry shares gain 4.8% after the UK trench coat maker reported retail comparable sales for its second quarter that beat analyst estimates, turning positive for the first time in two years
- Merck shares rise 8.6% after third quarter results beat estimates.
- Siemens expects currency headwinds to “strongly” burden growth in revenue as well as profit during the 2026 fiscal year while the manufacturer also deals with costs related to recent acquisitions. The shares declined as much as 3.6% in Frankfurt

See omnystudio.com/listener for privacy information.

On this episode of stock movers:

• Advanced Micro Devices (AMD) rallied 9% after the chipmaker predicted accelerating sales growth over the next five years, driven by strong demand for its data center products.
• Cisco (CSCO) traded higher after hours after the largest maker of machines that run computer networks and the internet, gave an upbeat sales forecast, showing progress in its effort to capture more artificial intelligence spending.
• On Holding (ONON) climbs after the Swiss sneaker brand boosted its sales forecast for the year after better-than-expected third-quarter results in which consumers in Europe and Asia snapped up the Swiss sneaker maker’s high-priced footwear..

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, Scarlet Fu, Tim Stenovec and Carol Massar.

On this episode of Stock Movers:

- Delta Air Lines (DAL) said mandated flight cuts that snarled US air travel caused a significant financial impact, though the carrier expects a return to normal during the typically bustling Thanksgiving holiday if the government shutdown ends this week.

- AMD (AMD) shares rise after the company said annual revenue growth will average more than 35% over the next three to five years. The total AI chip market, including accelerators, processors and networking products, will reach $1 trillion by 2030, AMD CEO Lisa Su said.

- Paramount-Skydance (PSKY) shares are down after Democratic Reps. Jamie Raskin and Frank Pallone Jr. write to Paramount Skydance CEO David Ellison asking that the company comply with an investigation into the Paramount-Skydance merger.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- On Holding (ONON) shares climbed as much as 28%, the most intraday since March 2023, after the Swiss sneaker brand boosted its sales forecast for the year after better-than-expected third-quarter results.
- Advanced Micro Devices (AMD) rallies as much as 11% on Wednesday, in biggest intraday jump since Oct. 8, after the semiconductor company projected accelerating sales growth over the next five years. Analysts are positive about the forecast and see “material upside” to current estimates.
- Black Rock Coffee Bar (BRCB) shares drop after the operator of drive-thru coffee bars announced its first earnings report since going public in September. The company also gave an outlook for the full year.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- AMD (AMD) shares rise after the company said annual revenue growth will average more than 35% over the next three to five years. The total AI chip market, including accelerators, processors and networking products, will reach $1 trillion by 2030, AMD CEO Lisa Su said.
- Cisco (CSCO) shares gain after the company said results last quarter showed sales from AI projects picking up, and it has partnered with Nvidia Corp. to speed deployment of AI systems. Shares are up more than 20% this year, but prices are still below their peak in the dot-com era .
- JPMorgan (JPM) shares edge higher after news that President Donald Trump will host financial industry executives for dinner at the White House, an effort to bring the country's business elite behind his policies.

See omnystudio.com/listener for privacy information.

n this episode of Stock Movers:
- Advanced Micro Devices (AMD) shares rallied in premarket trading after Nvidia's closest rival predicted accelerating sales growth over the next five years, driven by strong demand for its data center products. Annual revenue growth will average more than 35% over the next three to five years, Chief Executive Officer Lisa Su said Tuesday at a company event in New York. She added that AMD’s AI data center revenue will increase by an average of 80% over the same period.
- Swiss sneaker maker On Holding (ONON) climbed in early trading after the company boosted its sales and earnings forecasts for the year after a better-than-expected third quarter. The Roger Federer-backed company now sees revenue growing 34% this financial year on a constant currency basis, above analyst estimates and three percentage points higher than its previous target. That new goal translates to net sales of 2.98 billion Swiss francs ($3.7 billion) at current spot rates, it said Wednesday.
- Shares of Sweetgreen (SG) soared in early trading after the restaurant chain was added to Citi's 90-day positive catalyst watch. Citi analyst Jon Tower says he expects sales to improve off lows with the US government "likely to reopen in the coming weeks.”

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Advanced Micro Devices (AMD) shares rallied in premarket trading after Nvidia's closest rival predicted accelerating sales growth over the next five years, driven by strong demand for its data center products. Annual revenue growth will average more than 35% over the next three to five years, Chief Executive Officer Lisa Su said Tuesday at a company event in New York. She added that AMD’s AI data center revenue will increase by an average of 80% over the same period.
- Shares of Bill Holdings (BILL) soared ahead of the US market open as the business-payments firm - under pressure from activist investor Starboard Value LP - is exploring options including a potential sale, according to sources. Bill, which handles payments and expense-management services for hundreds of thousands of small and midsize businesses, has been grappling with lower customer-spending and intense competition.
- Swiss sneaker maker On Holding (ONON) climbed in early trading after the company boosted its sales and earnings forecasts for the year after a better-than-expected third quarter. The Roger Federer-backed company now sees revenue growing 34% this financial year on a constant currency basis, above analyst estimates and three percentage points higher than its previous target. That new goal translates to net sales of 2.98 billion Swiss francs ($3.7 billion) at current spot rates, it said Wednesday.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- SSE shares climbed to a record after the utility said it will raise about £2 billion ($2.6 billion) in new shares to help finance a £33 billion drive to upgrade its grids and boost renewable energy.
- RWE saw better-than-expected earnings in 3Q, driven by one-off gains linked to the sale of a data center development project and improved energy trading results.
- Edenred shares dropped as Brazil issued a decree regarding major regulatory changes to the country’s meal voucher and food voucher system.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- SSE shares rose to a record after the utility said it will raise about £2 billion ($2.6 billion) in new shares to help finance a £33 billion drive to upgrade its grids and boost renewable energy.
- ABN Amro agreed to acquire NIBC Bank from Blackstone for about €960 million ($1.11 billion) in the biggest acquisition by the Dutch lender since it was re-listed on the stock exchange a decade ago.
- Taylor Wimpey shares fell as the housebuilder reiterated guidance for 2025 to account for a softer housing market and uncertainty about measures in the UK budget.

See omnystudio.com/listener for privacy information.