Stock Movers

On this episode of Stock Movers:

- Kenvue (KVUE) shares rally after the company agreed to buy Kenvue Inc. in a deal worth roughly $40 billion, providing a lifeline to the struggling Tylenol maker.

-IREN (IREN) shares jump after Microsoft Corp. has signed a roughly $9.7 billion deal to buy artificial intelligence computing capacity from IREN Ltd., becoming the Australian company’s largest customer.

- Amazon (AMZN) shares higher after the company announced their cloud unit signed a $38 billion deal to supply a slice of OpenAI’s bottomless demand for computing power. Amazon shares surged.

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On this episode of Stock Movers:
- Kenvue (KVUE) is soaring while Kimberly-Clark (KMB) is lower on news Kimberly-Clark agreed to buy the consumer health company in a cash and stock deal at an enterprise value of about $48.7 billion. Kimberly-Clark shares slump as much as 16% before the bell. Kenvue holders to get $3.50 per share in cash and 0.14625 Kimberly-Clark shares per Kenvue share
- Iren (IREN) is jumping after it announced it signed a five-year GPU cloud services contract with Microsoft (MSFT) valued at about $9.7 billion, and that it also entered into a $5.8 billion agreement with Dell Technologies (DELL) to purchase GPUs and related equipment.
- Cipher Mining (CIFR) is rising after signing a $5.5 billion, 15-year lease agreement with Amazon to provide turnkey space and power for AI workloads.

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On this episode of Stock Movers:
- Kenvue (KVUE) is soaring while Kimberly-Clark (KMB) is lower on news Kimberly-Clark agreed to buy the consumer health company in a cash and stock deal at an enterprise value of about $48.7 billion. Kimberly-Clark shares slump as much as 16% before the bell. Kenvue holders to get $3.50 per share in cash and 0.14625 Kimberly-Clark shares per Kenvue share
- Dell (DELL) is rising as Iren announced it signed a five-year GPU cloud services contract with Microsoft (MSFT) valued at about $9.7 billion, and that it also entered into a $5.8 billion agreement with Dell Technologies (DELL) to purchase GPUs and related equipment. Iren (IREN) is jumping on the news as well.
- Marsh & McClenon (MMC) is lower after Bank of America Global Research cut the recommendation on Marsh & McLennan to underperform from neutral. The price target is set to $181, implying a 1.6% increase from last price.

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On this episode of Stock Movers:
- Ryanair CEO Michael O'Leary struck a note of caution on UK taxes even as the airline beat earnings estimates and expects to exceed its passenger growth target for the full year.
- A2A shares reached their highest since March 2008, as Morgan Stanley upgrades to overweight, saying the firm is an “under-the-radar” potential beneficiary of a data center build-out.
- Mercedes shares rose after DZ Bank AG raised its recommendation on the German automaker from hold to buy.

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On this episode of Stock Movers:
- BP agreed to divest stakes in US shale assets to Sixth Street for $1.5 billion as it seeks to shore up its balance sheet and win back investor confidence.
- Campari Group shares fell after Italian prosecutors ordered the seizure of around €1.3 billion ($1.5 billion) in shares from the holding company that controls the drinks maker.
- Ryanair CEO Michael O'Leary struck a note of caution on UK taxes even as the airline beat earnings estimates and expects to exceed its passenger growth target for the full year.

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

• Fiserv (FI) ended the week down nearly 47% after the fintech firm slashed its full-year earnings guidance. Chief Executive Officer Mike Lyons, who took the reins in February, said he discovered that Fiserv wasn’t going to be able to deliver on its previous promises to investors after he undertook a broad-based review of the business in recent months. 
• Alexandria Real Estate (ARE) ended the week lower after the health-care REIT cut its adjusted FFO guidance for 2025 and posted 3Q results that fell short of expectations. Cantor Fitzgerald called the report “as tough as it gets.”
• Chipotle (CMG) ended the week down 23% after cutting guidance for the third time this year. The company saw a broad pullback in visit frequency across all income cohorts, though lower-income consumers were particularly strained. “The consumer slowdown is really affecting our business in a meaningful way,” Chief Executive Officer Scott Boatwright said in a call with analysts on Wednesday

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On this episode of Stock Movers:

• Netflix (NFLX) ends the day up 2.7% after the streaming giant’s board approved a ten-for-one forward stock split to reset its share price to a range that will be more accessible to employees in its option program.
• Amazon (AMZN) soars 9.6% after the e-commerce and cloud-computing company reported third-quarter results that beat expectations, with its Amazon Web Services (AWS) business especially strong. It also gave a positive forecast.
• Dexcom (DXCM) sinks 14.6% lower after the medical-equipment company gave a 2026 growth outlook that is seen as cautious, although many analysts view it as conservative.

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On this episode of stock movers,

• Apple (AAPL) shares rise slightly after the company delivered mixed results in the latest quarter, including a surprise sales decline in China, tempering investor excitement for what promises to be a busy holiday season. Though the company’s total revenue topped analysts’ estimates in the September quarter, iPhone supply constraints weighed on results — especially in China. The good news: Apple expects to bounce back sharply in the current period, with growth returning to China and overall sales rising at a faster-than-anticipated clip.
• Amazon (AMZN) shares climb after they posted bust cloud growth that reassured investors that the tens of billions of dollars the company and its peers are pouring into artificial intelligence will pay off. In the third quarter, Amazon Web Services generated $33 billion in revenue, a 20% increase from a year earlier, the company said in a statement on Thursday.
• Netflix (NFLX) shares rise after the streaming giant’s board approved a ten-for-one forward stock split to reset its share price to a range that will be more accessible to employees in its option program.

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On this episode of Stock Movers:
- Apple (AAPL) projected a jump in sales over the holiday season after releasing new iPhones, with sales in the fiscal first quarter expected to rise by 10% to 12%. Revenue from greater China fell 3.6% to $14.5 billion last quarter, but Chief Executive Officer Tim Cook said he believes Apple will return to growth in the region during the current quarter.
- Amazon (AMZN) shares jumped 12% to $249.42 as the markets opened in New York on Friday, after the company posted robust cloud growth that reassured investors about its artificial intelligence investments. The company estimates that its shopping chatbot Rufus will help deliver an additional $10 billion in annual sales, and its call center product Connect is on track to pull in $1 billion in annualized revenue.
-Netflix (NFLX) shares rise as much as 3.7% in premarket trading on Friday after the streaming giant’s board approved a ten-for-one forward stock split to reset its share price to a range that will be more accessible to employees in its option program.

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On this episode of Stock Movers:
- Coinbase (COIN) advances 4% after the largest US crypto exchanged reported third-quarter revenue that exceeded estimates following an uptick in trading as token prices climbed to record highs.
- Reddit (RDDT) gains 10% after the social-media company reported third-quarter results that beat expectations and gave an outlook that is above the analyst consensus
-Roku (ROKU) shares are down 4% after the streaming-video platform company reported its third-quarter results and gave an outlook. While analysts are broadly positive, they said the results aren’t enough to meet high expectations

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On this episode of Stock Movers:
- Amazon (AMZN) is higher after it reported third-quarter revenue of $33 billion, a 20% increase from the prior year and the biggest year-over-year rise since the end of 2022. The company's shares surged after the earnings report, with Chief Executive Officer Andy Jassy saying "We have momentum" and analyst Melissa Otto stating that the AWS business is "firing on all cylinders".
- Apple (AAPL) is up this morning after the company gave an outlook that is seen as strong, offsetting fourth-quarter results that featured weak China revenue and a mixed read on the iPhone.
- Nvidia (NVDA) share are higher as Chief Executive Officer Jensen Huang hopes to sell chips from the company's Blackwell lineup to customers in China someday. Huang said no decisions have been made and the company hasn't applied for Washington's permission to sell Blackwell chips to China, which is required under export controls.

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On this episode of Stock Movers:

- Amazon (AMZN) is higher after it reported third-quarter revenue of $33 billion, a 20% increase from the prior year and the biggest year-over-year rise since the end of 2022. The company's shares surged after the earnings report, with Chief Executive Officer Andy Jassy saying "We have momentum" and analyst Melissa Otto stating that the AWS business is "firing on all cylinders".

- Apple (AAPL) is up this morning after the company gave an outlook that is seen as strong, offsetting fourth-quarter results that featured weak China revenue and a mixed read on the iPhone.

- Meta (META) is rebounding this morning after it sold $30 billion of investment-grade bonds on Thursday, the biggest high-grade corporate bond offering of the year, after receiving record orders for the debt. The bond sale comes after Chief Executive Officer Mark Zuckerberg warned that the company would spend even more aggressively on artificial intelligence in the coming year.

- Exxon Mobil (XOM) is lower even though it topped estimates as its Yellowtail project in Guyana brought the country’s production to 700,000 barrels a day in 3Q - a record.

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On this episode of Stock Movers:

- Universal Music said subscription revenue grew 8.7% in 3Q, buoyed by artists like Taylor Swift and the soundtrack album for the hit film KPop Demon Hunters.

- Erste Group Bank raised its net interest income growth guidance. The bank sees its deal to buy Santander’s Polish unit on track to close around the year-end. 

- Puig’s share price rose, with trading volume almost 10 times the 20-day average after the Spanish group reported better-than-expected 3Q sales and upgraded its guidance for the last three months of the year. 

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On this episode of Stock Movers: 

- Apple (AAPL) shares climbed in extended trading as fourth-quarter revenue edged past analysts’ estimates despite a surprise sales decline in China, where it’s been struggling to stage a comeback. Total sales rose 7.9% to $102.5 billion in the period, which ended Sept. 27, the company said in a statement Thursday. That slightly beat the $102.2 billion average estimate.

- Amazon (AMZN) shares rose in extended trading after the company reported net sales for the third quarter that beat the average analyst estimate. Amazon's cloud unit posted the strongest growth rate in almost three years, reassuring investors who were concerned that the largest seller of rented computing power was losing ground to rivals. 

- Zillow (Z) shares rose in the aftermarket after the company announced third-quarter results that exceeded analyst estimates, even as the real estate firm battled several lawsuits from competitors and regulators.

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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:

- Amazon (AMZN) climbs 11% after 3Q sales and profit topped estimates. Amazon's cloud unit posted the strongest growth rate in almost three years, reassuring investors concerned that the largest seller of rented computing power was losing ground to rivals.

- Roku (ROKU) shares are down 8.5% in extended trading, after the streaming-video platform company reported its third-quarter results.

- Zillow (Z) dipped lower after the company announced third-quarter results that exceeded analyst estimates, with adjusted earnings before interest, taxes, depreciation and amortization of $165 million.

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On this episode of Stock Movers: 

- Meta (META) shares slid after the Facebook parent reported third-quarter results and gave an outlook. Analysts have increasing concern over the company’s heavy spending, with at least two downgrading the stock.

- Chipotle (CMG) shares plummeted after the fast-casual chain cut its outlook for a third time this year as diners pulled back from eating out, a fresh warning sign for consumer spending. The burrito chain now sees sales for the full year slipping in the low-single digit range from a year earlier. It earlier projected that performance would be flat.

- Comcast (CMCSA) shares fell after the cable and media company reported its 10th straight quarter of losses in broadband customers and said it doesn’t expect the trend to turn around in the near future. Philadelphia-based Comcast shed 104,000 net broadband subscribers in the third quarter, though that was fewer than the loss of 140,000 predicted by analysts. In the connectivity unit that includes broadband, Comcast’s biggest by far, revenue fell 1.4% and adjusted earnings before interest, taxes, depreciation and amortization declined 3.7%.

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On this episode of Stock Movers:
- Eli Lilly (LLY) raised its full-year guidance as revenue from its weight loss and diabetes drugs beat expectations in the third quarter. The company's diabetes drug Mounjaro and obesity treatment Zepbound outpaced expectations by a combined nearly $1.3 billion, with the vast majority of the beat coming from the diabetes drug. Lilly now expects full-year sales of $63 billion to $63.5 billion and adjusted earnings per share of $23 to $23.70, after sales in the third quarter were $17.6 billion, exceeding the average Wall Street estimate.
- Chipotle (CMG) shares plummeted after the fast-casual chain cut its outlook for a third time this year as diners pulled back from eating out, a fresh warning sign for consumer spending. The burrito chain now sees sales for the full year slipping in the low-single digit range from a year earlier. It earlier projected that performance would be flat. In the third quarter, comparable-store sales rose slightly, but fell short of Wall Street’s expectations.
- Meta Platforms (META) aims to sell at least $25 billion of investment-grade bonds on Thursday, according to people familiar with the matter. The company is looking to issue notes in as many as six parts, ranging from five to 40 years in length, with proceeds set to go toward general corporate purposes. Meta is infusing artificial intelligence services into its key products and needs to invest billions of dollars in data centers and other key infrastructure to fuel those offerings.

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On this episode of Stock Movers:
- Eli Lilly (LLY) raised its full-year guidance as revenue from its weight loss and diabetes drugs beat expectations in the third quarter. The company's diabetes drug Mounjaro and obesity treatment Zepbound outpaced expectations by a combined nearly $1.3 billion, with the vast majority of the beat coming from the diabetes drug. Lilly now expects full-year sales of $63 billion to $63.5 billion and adjusted earnings per share of $23 to $23.70, after sales in the third quarter were $17.6 billion, exceeding the average Wall Street estimate.
- Comcast (CMCSA) lost 104,000 net broadband subscribers in the third quarter, fewer than the loss of 140,000 predicted by analysts. The company reported a net loss of 257,000 video subscribers, beating expectations for 321,000 customer departures. Third-quarter revenue fell 2.7% to $31.2 billion, beating estimates of $30.7 billion.
- Meta Platforms (META) aims to sell at least $25 billion of investment-grade bonds on Thursday, according to people familiar with the matter. The company is looking to issue notes in as many as six parts, ranging from five to 40 years in length, with proceeds set to go toward general corporate purposes. Meta is infusing artificial intelligence services into its key products and needs to invest billions of dollars in data centers and other key infrastructure to fuel those offerings.

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On this episode of Stock Movers:
- Alphabet (GOOG) shares are higher after reporting earnings yesterday. The Google parent reported third-quarter results that beat expectations. Analysts are especially positive on its cloud-computing business.
- Chipotle (CMG) is diving in the premarket as it cut its full-year outlook for a third time this year as diners pulled back from eating out at the fast-casual chain. The company now sees sales for the full year slipping in the low-single digit range from a year earlier, and Chief Executive Officer Scott Boatwright said “The consumer slowdown is really affecting our business in a meaningful way."
- Metsera (MTSR) shares are moving on news it received an unsolicited proposal from Novo Nordisk to acquire Metsera, valuing the company at up to $77.75 per share, a total of approximately $9 billion, deeming the proposal as “superior.”

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On this episode of Stock Movers:

- Alphabet (GOOG) shares are higher after reporting earnings yesterday. The Google parent reported third-quarter results that beat expectations. Analysts are especially positive on its cloud-computing business.

- Meta (META) shares are sliding after its earnings. The Facebook parent reported third-quarter results and gave an outlook. Analysts noted some concern over the company’s heavy spending.

- Microsoft (MSFT) shares are lower this morning also following earnings yesterday. Analysts are broadly positive on the report, especially growth in its Azure cloud-computing business, but said investor expectations were elevated. Microsoft along with fellow Magnificent 7 peers Alphabet and Meta racked up some $78 billion in capital expenditures last quarter — an 89% increase from a year earlier

- Chipotle (CMG) is diving in the premarket as it cut its full-year outlook for a third time this year as diners pulled back from eating out at the fast-casual chain. The company now sees sales for the full year slipping in the low-single digit range from a year earlier, and Chief Executive Officer Scott Boatwright said “The consumer slowdown is really affecting our business in a meaningful way."

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On this episode of Stock Movers:
- Shell posted 3Q profit that beat analyst estimates, helped by a rebound in performance by its oil and gas traders even as weaker energy prices weighed on earnings.
- WPP shares hit their lowest level since 2008 after it cut its revenue growth guidance for the year. New CEO Cindy Rose said the company needs to simplify its offer to clients.
- Volkswagen shares rose after free cash flow and margin came in strong. The carmaker warned about shortages of Nexperia chips, but said it secured enough components for the coming week to keep its German plants running.

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On this episode of Stock Movers, we take a look at some of the days's biggest gainers and decliners:

• Meta (META) shares dropped in the aftermarket as the company said it expects total expenses to significantly increase in 2026, and will continue to invest at historic levels in artificial intelligence. The company also reported third-quarter net income of $2.71 billion, which included a one-time, non-cash income tax charge of $15.9 billion due to the implementation of the tax bill signed into law in July, Meta said in the statement.
• Microsoft (MSFT) shares slipped in extended trading after the company reported a steeper climb in spending than Wall Street expected, fueling anxieties about the high costs of providing AI infrastructure.
• Alphabet (GOOGL) shares rose after the large cap reported quarterly sales that beat analysts’ estimates, buoyed by the performance of its cloud unit, which is surging as artificial intelligence startups seek Google’s support and computing power.
• Shares rose as much as 7.5% in extended trading.

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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:

- Alphabet (GOOGL) rose as much as 7.5% in extended trading. The company reported quarterly sales that beat analysts’ estimates, buoyed by the performance of its cloud unit, which is growing as artificial intelligence startups seek Google’s support and computing power.

- Microsoft (MSFT) posted earnings, and shares fell about 3% in extended trading after closing at $541.55 in New York. Microsoft reported expansion in its Azure cloud computing unit that failed to impress investors who have grown optimistic about the business.

- Meta (META) reported third-quarter sales of $51.2 billion, which beat analysts’ average estimate of $49.6 billion. Shares fell after the company also reported third-quarter net income of $2.71 billion, which included a one-time, non-cash income tax charge of $15.9 billion due to the implementation of the tax bill signed into law in July.

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On this episode of Stock Movers:
- Nvidia (NVDA) achieved a historic $5 trillion market capitalization as Chief Executive Officer Jensen Huang’s spree of deals catapults the artificial intelligence frenzy to new heights. The company's shares rallied as much as 5.2% to $211.47, propelling Nvidia over the milestone, with Wall Street analysts overwhelmingly bullish on the firm's future prospects.
- Fiserv (FI) shares of payments-related companies slid Wednesday, tracking Fiserv lower after it reported earnings that fell well below expectations and slashed its outlook. Fiserv shares plunged by a record 47%.
- Verizon (VZ) reported gains in revenue and profit in the third quarter as new chief executive officer Dan Schulman laid out an aggressive growth strategy. Verizon shares rose 3.4% in premarket trading after the company reported operating revenue of $33.8 billion and earnings of $1.21 a share, excluding some costs. The company reported a drop of 7,000 consumer mobile phone customers, but added 306,000 broadband customers in the third quarter, with a new partnership to expand its broadband footprint beyond its Fios network.

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On this episode of Stock Movers:

- Nvidia (NVDA) achieved a historic $5 trillion market capitalization as Chief Executive Officer Jensen Huang’s spree of deals catapults the artificial intelligence frenzy to new heights. The company's shares rallied as much as 5.2% to $211.47, propelling Nvidia over the milestone, with Wall Street analysts overwhelmingly bullish on the firm's future prospects.

- Fiserv (FI) shares of payments-related companies slid Wednesday, tracking Fiserv lower after it reported earnings that fell well below expectations and slashed its outlook. Fiserv shares plunged by a record 47%. 

- Catepillar (CAT) shares jumped after the company posted stronger-than-expected earnings and revenue due to surging demand from AI data centers for its power-generation equipment. The company's energy and transportation division posted a 17% jump in revenue from the year-earlier period, outpacing sales growth in its traditional divisions.

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On this episode of Stock Movers:
- Nvidia (NVDA) shares are higher as it is on track to become the first $5 trillion company as Chief Executive Officer Jensen Huang’s spree of deals propels the artificial intelligence frenzy to new heights. Wall Street analysts are overwhelmingly bullish on the firm’s future prospects, with more than 90% of analysts tracked by Bloomberg giving its stock a buy-equivalent rating.
- Fiserv (FI) shares are sliding as it slashed its outlook for full-year earnings and announced a broad overhaul of its board and top leadership committee. Fiserv reported a 3% decline in revenue in its financial-solutions segment and its shares slumped 31% to $87.30.
- Caterpillar (CAT) is climbing after it reported adjusted earnings per share for the third quarter that beat the average analyst estimate.

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On this episode of Stock Movers:
- Nvidia (NVDA) shares are higher as it is on track to become the first $5 trillion company as Chief Executive Officer Jensen Huang’s spree of deals propels the artificial intelligence frenzy to new heights. Wall Street analysts are overwhelmingly bullish on the firm’s future prospects, with more than 90% of analysts tracked by Bloomberg giving its stock a buy-equivalent rating.
- Caterpillar (CAT) is climbing after it reported adjusted earnings per share for the third quarter that beat the average analyst estimate.
- TE Connectivity (TEL) jumped as it delivered a strong finish to its fiscal year and expects a strong start to fiscal 2026, with even more AI growth. AI-related business amounted to roughly $900 million in fiscal year 2025, and CEO Terrence Curtin expects more growth in 2026, with another $600 million of growth possible.
- Mondelez (MDLZ) is lower after the snack-food company cut its adjusted earnings per share forecast for the full year. High cocoa costs continue to squeeze margins, but the company expects conditions to improve in the coming weeks as cocoa futures have tumbled.

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On this episode of Stock Movers:
- GSK raised its profit and sales forecasts for the year, aided by its HIV and immunology medicines, in Emma Walmsley’s last report as CEO.
- Mercedes-Benz Group confirmed its annual outlook and plans to proceed with a €2 billion share buyback after the company’s margin climbed in 3Q.
- Equinor said 3Q earnings slumped as oil prices softened and trading profits declined, its adjusted operating income after tax fell by about a quarter to $1.51 billion, missing the average analyst estimate.

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- Nokia (NOK) shares skyrocketed on the news Nvidia plans to make a $1 billion equity investment in the company, as the AI sector's kingmakers bets on the Finnish company's pivot from mobile networking kit into artificial intelligence. Nokia shares jumped the most in more than a decade. Nokia will issue about 166 million shares to Nvidia at $6.01 apiece, giving Nvidia a 2.9% stake, the companies said in a statement on Tuesday. Nvidia’s chips will be used to accelerate Nokia’s software for 5G and 6G networks and Nvidia will explore ways to use Nokia’s data center technology in its AI infrastructure, they said.
- Beyond the Nokia news, Nvidia (NVDA) also saw shares rise. On Tuesday, as part of its GTC conference held in Washington, DC, Nvidia unveiled a new technology platform — Nvidia Drive AGX Hyperion 10 — that lets manufacturers equip their cars with hardware and sensors that can work with compatible autonomous-driving software.
- D.R. Horton (DHI) shares fell as much as 7.5% Tuesday, the biggest decline in almost a year, after reporting weaker-than-expected quarterly margins as the homebuilder leaned heavily on incentives to drive sales. The company reported a home sales gross margin of 20%, down from 23.6% a year earlier and below consensus of 21.3%, based on a Bloomberg survey of analysts. D.R. Horton’s shares moderated slightly and were down 2.2% to $155.32 at 10:01 a.m. in New York Tuesday.

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On this episode of Stock Movers:

- Booking (BKNG) 3Q adjusted Ebitda beat estimates. Shares rose 4.5% in the afterhours after their gross bookings topped expectations. Third quarter revenue also outperformed estimates.

- PayPal (PYPL) raised its full-year earnings guidance and announced a tie-up with OpenAI to embed its digital wallet into ChatGPT, sending its shares up. The company raised its 2025 adjusted earnings-per-share forecast to $5.35 to $5.39 and announced a dividend program that will pay 14 cents a share this quarter. PayPal said it's begun to see a pullback in US consumers' spending, with average order values trending down in recent weeks, which could hinder its efforts to meet its multiyear financial targets.

- JetBlue (JBLU) closed 11.86% lower, as the carrier laid bare its challenges through the holiday travel season, from rising fuel prices and a hurricane to a US government shutdown. JetBlue executives said demand for premium offerings is stronger compared with the main cabin as air travel rebounds, but investors are growing impatient with executives’ ability to meet cost-cutting targets.

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On this episode of Stock Movers:
- Microsoft (MSFT) and OpenAI finalized a new agreement in a long-negotiated partnership.Under the new pact, Microsoft will get a 27% ownership stake in OpenAI worth about $135 billion, the companies said in a statement Tuesday.In addition, Microsoft will have access to the artificial intelligence startup’s technology until 2032, including models that achieved the benchmark of AI general intelligence.
- United Parcel Service (UPS) shares soared after it smashed Wall Street’s profit expectations by cutting costs and eliminating 34,000 jobs this year.The cuts to its permanent operational workforce — a group that includes drivers and package handlers — marked a 70% increase from its previous target. As part of the sweeping cost-savings initiative, UPS has closed daily operations at 93 leased and owned buildings in 2025, according to a statement Tuesday.
- PayPal (PYPL) shares surged after it announced a partnership with OpenAI and boosted its adjusted earnings per share guidance for the full year, with the guidance beating expectations. Third quarter EPS and net revenue also came in above the average analyst estimates.

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On this episode of Stock Movers:
- United Parcel Service (UPS) shares soared after it smashed Wall Street’s profit expectations by cutting costs and eliminating 34,000 jobs this year.The cuts to its permanent operational workforce — a group that includes drivers and package handlers — marked a 70% increase from its previous target. As part of the sweeping cost-savings initiative, UPS has closed daily operations at 93 leased and owned buildings in 2025, according to a statement Tuesday.
- UnitedHealth Group (UNH) beat Wall Street expectations for third-quarter earnings and raised its outlook for the year, a sign that the health conglomerate has stabilized after a major meltdown.The company is planning for “durable and accelerating growth in 2026,” UnitedHealth said in a statement Tuesday. Adjusted profit in the third quarter was $2.92 a share, slightly above the average analyst estimate in a Bloomberg survey.
- Amazon.com (AMZN) shares are slightly higher after announcing plans to eliminate roughly 14,000 corporate jobs. The move comes just months after Chief Executive Officer Andy Jassy warned that AI will shrink the company’s workforce. The downsizing marks Amazon’s second round of reductions in about as many years. Jassy signaled in June that the company’s staff count would likely fall as it increases its use of artificial intelligence to complete tasks normally handled by people.

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On this episode of Stock Movers:
- BNP Paribas said its trading unit suffered a hit from souring debt in 3Q, with loan-loss provisions rising to €905 million.
- HSBC has raised its profit outlook for the year despite a decline in earnings, after taking a $1.1 billion hit over Bernie Madoff's fraud case more than a decade ago
- Novartis stocks declined as core operating profit climbed 6% in 3Q, the slowest quarterly growth in almost two years as sales of two of the company’s top sellers, the heart medicine Entresto and Cosentyx for autoimmune conditions, barely grew.

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On this episode of Stock Movers:

- Beyond Meat (BYND) Four years ago, Beyond Meat was able to raise over $1 billion selling a a zero-coupon convertible bond due 2027, taking advantage of rampant bets on the future of plant-based meat products. Wolverine Asset Management, DE Shaw & Co. and Context Capital Management were among the firms that bought in, only to watch Beyond’s fortunes flag spectacularly as the meatless burger craze faded. By this year, Beyond had to address the looming maturity from a position of weakness. It launched an exchange offer with existing bondholders through a debt-swap paying 7% interest and additional shares in exchange for the old notes. What looked like a pretty nice outcome for the bondholders quickly turned into a wild ride after Beyond Meat’s shares got caught up in the latest bout of meme-stock madness. The stock soared some 1,300% in a matter of days, delivering, on paper at least, a windfall to holders of the convertible. The bond itself, due in 2030, trades around 110 cents on the dollar.

- Qualcomm (QCOM) Qualcomm Inc. shares rose to their highest price in 15 months after unveiling chips and computers for the lucrative AI data center market, aiming to challenge Nvidia Corp. in the fastest-growing part of the industry. The company’s new AI200 lineup will start shipping next year, Qualcomm said on Monday. The first customer will be Saudi Arabia’s AI startup Humain, which plans to deploy 200 megawatts’ worth of computing systems based on the chips starting in 2026.

- Keurig (KDP) Keurig Dr Pepper Inc. is raising $7 billion from Apollo and KKR to help finance its acquisition of JDE Peet’s NV, aiming to ease investor concerns about taking on too much debt. Wall Street has expressed skepticism over Keurig’s August announcement to buy the Dutch coffee company for about $18 billion. The deal raises Keurig’s leverage and triples its exposure to a coffee category that investors wanted to see reduced, TD Cowen analyst Robert Moskow wrote in a note earlier this month. The stock increased as much as 10% on Monday, the biggest intraday gain since March 2020. Year to date, shares had declined 15% through Oct. 24.

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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:

- Avis Budget (CAR) reported adjusted Ebitda for the third quarter that beat the average analyst estimate. Shares spiked 10% in afterhours trading after the release of third quarter results. The company also reported an Americas per-unit fleet cost of -20%.

- Qualcomm (QCOM) share close at the highest level since July 2024, after after unveiling chips and computers for the lucrative AI data center market, aiming to challenge Nvidia in the fastest-growing part of the industry. 

- Cadence Design (CDNS) shares sank 4% in the afterhours on their 3Q earnings. Still the company reported revenue that beat the average analyst estimate.

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On this episode of Stock Movers:

- Qualcomm (QCOM) kicked off its biggest stock rally since 2019 after unveiling chips and computers for the lucrative AI data center market, aiming to challenge Nvidia in the fastest-growing part of the industry. 

- Lululemon Athletica (LULU) rises after entering an arrangement with the National Football League and sports merchandiser Fanatics to develop a line of fan apparel. This comes as the yoga-wear retailer searches for new avenues of growth.

- Keurig Dr Pepper (KDP) jumps after the company announced it is raising $7 billion from Apollo and KKR to help finance its acquisition of JDE Peet’s NV, aiming to ease investor concerns about taking on too much debt.

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Carter's Sales Miss; GameStop Jumps; Lululemon Rises on Deal
On this episode of Stock Movers:
- Carter’s (CRI) shares are up, erasing an earlier decline, after the children’s apparel company said its fourth-quarter comparable sales are “off to a good start,” despite reporting a net sales miss during the third quarter. The company also plans to reduce offices-based roles by about 15% by the end of 2025, and it boosted the amount of stores it plans to close.
- GameStop (GME) shares jump more than 8% in premarket trading after the White House’s Rapid Response 47 account reposted a statement from the company on X that declared the so-called “console wars” over. The White House’s official X account also posted a reply to the statement with a stylized image of President Trump.
- Lululemon Athletica (LULU) has entered an arrangement with the National Football League and sports merchandiser Fanatics Inc. to develop a line of fan apparel as the yoga-wear retailer searches for new avenues of growth.The new Lululemon collection, set to be announced on Monday, is the company’s first link-up with the league. The line includes clothes for all 32 NFL teams and will be sold through the NFL and Fanatics shops, along with team stores, beginning on Oct. 28.

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On this episode of Stock Movers:
- Keurig Dr Pepper (KDP) shares soared ahead of the New York open after the company announced it now expects fiscal 2025 constant currency net sales growth in a high-single-digit range, revised from a mid-single-digit growth outlook previously. KDP also announced it is raising $7 billion from Apollo and KKR to help finance its acquisition of JDE Peet’s NV, aiming to ease investor concerns about taking on too much debt.
- Lululemon Athletica (LULU) has entered an arrangement with the National Football League and sports merchandiser Fanatics Inc. to develop a line of fan apparel as the yoga-wear retailer searches for new avenues of growth. The new Lululemon collection, set to be announced on Monday, is the company’s first link-up with the league. The line includes clothes for all 32 NFL teams and will be sold through the NFL and Fanatics shops, along with team stores, beginning on Oct. 28.
- Huntington Bancshares (HBAN) agreed to buy Cadence Bank for $7.4 billion, the Ohio bank’s second major acquisition this year to expand in southern and southeastern states and the latest in a string of deals among US regional lenders. The acquisition will extend Huntington’s footprint to 21 states, stretching from the Midwest to the South to Texas, according to a statement Monday. The bank will add more than 390 Cadence locations, ranking it fifth by deposit market share in the fast-growing metropolitan areas of Dallas and Houston and No. 1 in Mississippi, according to the statement.

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On this episode of Stock Movers:
- Keurig Dr Pepper (KDP) shares soared ahead of the New York open after the company announced it now expects fiscal 2025 constant currency net sales growth in a high-single-digit range, revised from a mid-single-digit growth outlook previously. KDP also announced it is raising $7 billion from Apollo and KKR to help finance its acquisition of JDE Peet’s NV, aiming to ease investor concerns about taking on too much debt.
- Carter's (CRI) shares fall ahead of the open after the children’s apparel company reported net sales for the third quarter that missed the average analyst estimate. The company also plans to reduce offices-based roles by about 15% by the end of 2025, and it boosted the amount of stores it plans to close.
- Avidity Biosciences (RNA) shares rally in premarket trading after Novartis (NOVN) agreed to buy the biotechnology company in a deal valued at $12 billion. It marks the Swiss drugmaker’s biggest acquisition in more than a decade and adds several potential blockbuster treatments as generic competition looms for its current top-sellers.

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On this episode of Stock Movers:
- Nvidia (NVDA) leads Magnificent Seven stocks higher in the US premarket Monday, with traders optimistic about the US and China closing in on a trade deal. Trade negotiators from China and the US announced Sunday that they’d struck a slew of agreements on issues spanning tariffs, shipping fees, fentanyl and export controls over two days in Malaysia.
- Avidity Biosciences (RNA) shares rally in premarket trading after Novartis (NOVN) agreed to buy the biotechnology company in a deal valued at $12 billion. It marks the Swiss drugmaker’s biggest acquisition in more than a decade and adds several potential blockbuster treatments as generic competition looms for its current top-sellers.
- Carter's (CRI) shares fall ahead of the open after the children’s apparel company reported net sales for the third quarter that missed the average analyst estimate. The company also plans to reduce offices-based roles by about 15% by the end of 2025, and it boosted the amount of stores it plans to close.

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On this episode of Stock Movers:

- Porsche shares rise as much as 4.4% to their highest intraday level since May. The German carmaker posted third quarter results on Friday evening and CFO Jochen Breckner said he expected 2025 to be the trough. Analysts said the release was consistent with the September profit warning.

_ Copper miners Glencore, Antofagasta and Anglo American are all rallying, with gains of more than 1.5%, as the price of the base metal nears a record high on China-US trade optimism.

- Sydbank A/S and Vestjysk Bank are planning to combine into one bank in a bid to boost size. Shares in Sydbank jumped as much as 7.4% in early trading, giving the firm a market value of about 29 billion Danish kroner ($4.5 billion).

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

- General Motors (GM) shares gain after the company raised its full-year outlook and posted third-quarter results that topped Wall Street estimates on better-than-expected pickup truck sales and fresh relief from the Trump administration’s tariffs on auto parts.

- Warner Bros. Discovery (WBD) shares jump after the company said it has begun to consider various deal scenarios in light of “unsolicited interest” the media and entertainment conglomerate has received from “multiple parties” for all or part of the company.

-Netflix (NFLX) shares fell the most in more than seven months after the world’s most valuable entertainment company said a tax dispute with Brazil cut into third-quarter earnings.

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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:

- Ford (F) signaled it will largely bounce back next year from a devastating fire that hobbled a key supplier to its top-selling F-150 pickup, sending shares up the most in more than three years while assuaging concerns over one of the automaker’s biggest money-makers. Shares climb as much as 10% — the most intraday since January 2022.

- Grindr (GRDR) has received a buyout offer from two of its top investors valuing the dating app at nearly $3.5 billion. The investors, who together own more than 60% of Grindr's outstanding shares, proposed to take the company private by acquiring the rest of the company's outstanding shares for $18 apiece.

- Deckers Outdoor (DECK) shares fell after the owner of Hoka running shoes and Ugg boots forecast 2026 revenue that falls short of analyst expectations, reflecting pressured consumer spending. The company guided for net sales of $5.35 billion next year, compared to analyst estimates of $5.45 billion. Shares slid as much as 12% in premarket trading.

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On this episode of Stock Movers:

- Ford (F) signaled it will largely bounce back next year from a devastating fire that hobbled a key supplier to its top-selling F-150 pickup, sending shares up the most in more than three years while assuaging concerns over one of the automaker’s biggest money-makers.

- Alaska Air (ALK) shares slump as much as 5.6% after the carrier cut its full-year adjusted EPS guidance to at least $2.40 from above $3.25. The company also disclosed late Thursday that a significant IT outage forced it to cancel hundreds of flights.

- Deckers (DECK) shares fell after the owner of Hoka running shoes and Ugg boots forecast 2026 revenue that falls short of analyst expectations, reflecting pressured consumer spending.The company guided for net sales of $5.35 billion next year, compared to analyst estimates of $5.45 billion. Shares slid as much as 12% in premarket trading.

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On this episode of Stock Movers:
- Intel (INTC) shares rally after the company returned to profitability and gave an upbeat revenue forecast, suggesting it's making progress on a comeback attempt.
- Ford (F) shares rises after the automaker signaled it will largely bounce back next year from a devastating fire that hobbled a key supplier to its top-selling F-150 pickup, assuaging fears about the fallout for one of the automaker’s biggest money-makers.
- Palantir Technologies (PLTR) shares gain after news it will provide AI software to Lumen Technologies Inc. in a new partnership to support more AI services. Lumen has agreed to spend more than $200 million on Palantir software over a period of several years, according to people familiar with the matter.

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On this episode of Stock Movers:
- Intel (INTC) shares rally after the company returned to profitability and gave an upbeat revenue forecast, suggesting it's making progress on a comeback attempt.
- Procter & Gamble (PG) shares rise after the company reported better-than-expected sales for its first quarter as consumers bought its Gillette razors and Secret deodorant despite price increases.
- Deckers Outdoor (DECK) shares slide after the owner of the Ugg and Hoka brands forecast 2026 net sales below the average analyst estimate. Analysts note the management annual outlook might be conservative.

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On this episode of Stock Movers:
- Intel (INTC) shares rallied in the premarket session after the chipmaker returned to profitability and gave an upbeat revenue forecast, suggesting that it’s making progress on a long and challenging comeback attempt. Fourth-quarter sales will be roughly $13.3 billion, the company said in a statement Thursday. Though that was just below Wall Street’s average estimate, some analysts were still including revenue from a unit that Intel just spun off — money that wasn’t part of the company’s forecast.
- Proctor & Gamble (PG) shares gain in premarket trading after the company reported better-than-expected sales for its first quarter as consumers brushed off price increases and snapped up its Gillette razors and Secret deodorant. The company also cut its projected impact from tariffs in half. The Cincinnati, Ohio-based company reported 2% organic revenue growth for the period — above the average analyst estimate. That measure strips out currency volatility and the impact of acquisitions. Revenue and earnings per share also surpassed expectations.
- Deckers Outdoor (DECK) tumbles in the early session after the owner of the Ugg and Hoka brands forecast 2026 net sales below the average analyst estimate. Analysts note the management annual outlook might be conservative. Hoka is still at an early stage internationally, with room to grow into a multibillion-dollar running-shoe brand, while Ugg's long-term opportunities lie in more product diversity and seasonal mix.

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On this episode of Stock Movers:
- Intel (INTC) shares surged in the premarket session after the chipmaker returned to profitability and gave an upbeat revenue forecast, suggesting that it’s making progress on a long and challenging comeback attempt. Fourth-quarter sales will be roughly $13.3 billion, the company said in a statement Thursday. Though that was just below Wall Street’s average estimate, some analysts were still including revenue from a unit that Intel just spun off — money that wasn’t part of the company’s forecast.
- Ford (F) shares climb in premarket trading after the automaker reported third-quarter earnings that beat analyst estimates and signaled it will largely bounce back from a fire that disrupted a key supplier. Ford expects Novelis Inc.’s aluminum factory in Oswego, New York, to resume production as soon as late November and ramp up through year-end, earlier than initially expected, Ford Chief Operating Officer Kumar Galhotra said. The carmaker also plans to build 50,000 more trucks at factories in Michigan and Kentucky in 2026, recouping about half the production it expects to lose this year as a result of the fire.
- Deckers Outdoor (DECK) tumbles in the early session after the owner of the Ugg and Hoka brands forecast 2026 net sales below the average analyst estimate. Analysts note the management annual outlook might be conservative. Hoka is still at an early stage internationally, with room to grow into a multibillion-dollar running-shoe brand, while Ugg's long-term opportunities lie in more product diversity and seasonal mix.
- Alphabet (GOOG) shares leads Magnificent Seven stocks higher in premarket trading, after the company announced Google will supply up to 1 million of its specialized AI chips to Anthropic PBC, a deal worth tens of billions of dollars that deepens its partnership with the fast-growing artificial intelligence startup. The arrangement, announced Thursday, gives Anthropic vastly more computing capacity while cementing Google’s position as both a major investor and key infrastructure provider in the escalating race to power large AI models.

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On this episode of Stock Movers:
- NatWest raised its guidance for the year after beating estimates in the 3Q, delivering its highest earnings in at least a decade.
- GSK shares dropped as approval of the British pharma company’s blood cancer drug for a later-than-expected treatment line raised concerns about the medicine’s sales potential.
- Accor shares rose after 3Q earnings in which the hotelier raised its guidance on the back of improved cost discipline. It also announced a new €100 million buyback in 4Q.

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On this episode of Stock Movers:
- NatWest raised its guidance for the year after beating estimates in the 3Q, delivering its highest earnings in at least a decade.
- Sanofi’s profit rose more than analysts expected last quarter, lifted by demand for its blockbuster skin and asthma drug Dupixent.
- Saab boosted its organic revenue forecast for the full year, benefiting from the uncertainty of the geopolitical landscape, adding it's received a record high order backlog.

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