Stock Movers

On this episode of Stock Movers:

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

- Video-game maker Electronic Arts (EA) has agreed to sell itself in the largest leveraged buyout on record to a group of investors that includes a firm managed by President Donald Trump’s son-in-law Jared Kushner and Saudi Arabia’s sovereign wealth fund. The massive deal, valuing the video-game company at about $55 billion, is the latest effort by Saudi Arabia to diversify beyond oil into sports and gaming, a financially tumultuous industry that is increasingly at the heart of youth culture around the planet. Saudi Arabia’s Public Investment Fund, along with Silver Lake Management and Kushner’s Affinity Partners, agreed to pay $210 per share in cash, a 25% premium to where EA traded before the talks leaked on Friday. JPMorgan Chase & Co. is providing $20 billion of debt, the largest debt commitment for a buyout ever.

- Carnival (CCL) raised its full-year earnings forecast for the third straight quarter, citing a record pace for forward bookings and improving net yields.The cruise operator now expects adjusted net income of about $2.93 billion, up $235 million from its projection in June and higher than analysts’ expectations of about $2.76 billion. Net yields are now seen growing 5.3% on a constant-currency basis, up from 5% previously. Cruise operators appear to be faring better than airlines and other holiday operators in the face of cooling consumer sentiment, with some travelers viewing bundled vacations at sea as higher-value alternatives to more complex itineraries. 

- Peloton (PTON)  is preparing to kick off its second comeback attempt in three years, following a previous effort that fell short of expectations and lacked any major consumer-facing upgrades. The New York-based fitness company is set to introduce refreshed hardware and a software overhaul that bakes in artificial intelligence for personalization, Bloomberg News has reported. The launch, taking place this week, is Peloton’s first major product unveiling in years and comes at a time when Chief Executive Officer Peter Stern, a former Apple Inc. executive, is working to reshape the pioneering brand into an AI-focused health and wellness company. 

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On this episode of Stock Movers:
- Carnival (CCL) shares fall after the company raised its full-year earnings forecast for the third straight quarter, citing a record pace for forward bookings and improving net yields.
-CSX Corp. (CSX) shares rise after naming Steve Angel as its new chief executive officer following the abrupt departure of Joe Hinrichs, overhauling the railroad’s leadership as it faces pressure from an activist investor and rising competitive challenges.
- DoorDash (DASH) shares rise after the delivery service expanded its relationship with grocery store chain Kroger. Kroger to launch almost 2,700 of its stores on the DoorDash platform starting Oct. 1.

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On this episode of Stock Movers:
- Electronic Arts (EA) shares rise after news that a group of investors including the Saudi sovereign wealth fund will acquire Electronic Arts in a leveraged buyout that values the company at $55 billion.
- Lockheed Martin (LMT)/ and other Defense stocks rose after the Wall Street Journal reported that the US Department of Defense is pushing missile suppliers.
- Occidental Petroleum (OXY) shares are up after the Financial Times reported that the company is in talks to sell its OxyChem petrochemical unit in a deal worth at least $10 billion.

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On this episode of Stock Movers:
- Shares of Electronic Arts (EA) soar on news the company agreed to sell to a group of private investors in a deal that values the company at about $55 billion, marking the largest leveraged buyout on record.
- Weed stocks including Tilray (TLRY), Cronos (CRON), and Canopy Growth (WEED) are trading higher in the US premarket session after President Trump posted a video on social media Sunday that touts medical benefits of “hemp-derived CBD” for seniors.
- Shares of cancer drugmaker Merus (MRUS) rise in early trading as Genmab (GMAB) agrees to acquire all of the company's shares in an all-cash transaction representing a transaction value of approximately $8 billion.

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On this episode of Stock Movers:

- Shares of Alibaba Group Holding Ltd. (BABA), the top performer among Chinese tech names in Hong Kong this month, rallied as analysts touted improving growth prospects for the company’s cloud and artificial intelligence businesses. Morningstar Inc. boosted by 49% the fair value for Alibaba’s American Depositary Receipts and its Hong Kong-listed stock to $267 and HK$260, respectively. Morgan Stanley raised its price target for the ADRs by 21% to $200.

- Huawei Technologies Co. is preparing to sharply ramp up production of its most advanced artificial intelligence chips over the next year, aiming to win customers in the world’s biggest semiconductor market while Nvidia (NVDA) Corp. struggles with geopolitical headwinds. The Chinese company plans to make about 600,000 of its marquee 910C Ascend chips next year, roughly double this year’s level, people familiar with the matter said, asking for anonymity to discuss private information. Huawei had struggled to get those products out the door for much of 2025 because of US sanctions. Overall, the Shenzhen-based company will raise output for its Ascend product line in 2026 to as many as 1.6 million dies, the people said, describing the basic silicon components that house chip circuitry.

- Occidental Petroleum (OXY) is in talks to sell its OxyChem petrochemical unit in a deal worth at least $10 billion, the Financial Times reported Sunday. The divestment would be the US company’s biggest yet and would create one of the world’s largest standalone petrochemical companies, according to the FT, which cited two people familiar with the matter that it didn’t identify. The potential buyer couldn’t immediately be determined, the report said.

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On this episode of Stock Movers:

- Novo Nordisk fell as Morgan Stanley downgraded its rating to underweight on weaker prescription momentum for the firm’s weight-loss drugs.

- GSK CEO Emma Walmsley is stepping down after almost nine years with chief commercial officer Luke Miels taking over on January 1st.

- Lufthansa gained after the airline outlined new financial goals, including plans to cut 4,000 administrative jobs by 2030.

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On this episode of Stock Movers:

- Intel (INTC) has approached Apple Inc. about securing an investment in the ailing chipmaker, according to people familiar with the matter, part of efforts to bolster a business that’s now partially owned by the US government. Apple and Intel also have discussed how to work more closely together, said the people, who asked not to be identified because the deliberations are private. The talks have been early-stage and may not lead to an agreement, the people said.
 
- CarMax (KMX) shares tumbled the most in three years after the company’s weaker-than-expected results showed deepening strain in the used-car market. The auto retailer pointed to fallout from President Donald Trump’s tariffs and rising distress among consumers as it reported falling sales and profit. Earnings of 64 cents a share in the fiscal second quarter fell well short of the $1.03 average of analysts’ estimates compiled by Bloomberg.

- Electronic Arts (EA) is in talks to be taken private by a consortium led by Silver Lake Management, Saudi Arabia’s Public Investment Fund and Jared Kushner’s Affinity Partners. A takeover of Electronic Arts could announce a deal as soon as next week, and JPMorgan Chase & Co. is working on a financing package for the buyers. The company's shares closed about 15% higher at $193.35, giving Electronic Arts a market value of roughly $48 billion.

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On this episode of Stock Movers:

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Vonnie Quinn, Carol Massar and Tim Stenovec.

- Video-game maker Electronic Arts (EA) is in talks to be taken private by a consortium led by Silver Lake Management, Saudi Arabia’s Public Investment Fund and Jared Kushner’s Affinity Partners, according to people familiar with the matter. The company, known for popular titles such as Madden NFL, The Sims and Battlefield, could announce a deal as soon as next week, said the people, who asked not to be identified discussing confidential information. JPMorgan Chase & Co. is working on a financing package for the buyers, the people added. Shares of Redwood City, California-based Electronic Arts closed about 15% higher at $193.35 at in New York, giving the company a market value of roughly $48 billion.

- Intel (INTC) shares continued to rally on word that it approached Apple about securing an investment. Apple and Intel also have discussed how to work more closely together, said the people, who asked not to be identified because the deliberations are private. The talks have been early-stage and may not lead to an agreement, the people said. Shares of Intel gained as much as 7.9% in New York trading on Thursday. They had jumped 6.4% the previous day after Bloomberg News first reported on the discussions. Apple rose less than 1% to $253.71 on Thursday. Shares closed higher on Friday.

- Just weeks after a buzzy trading debut, Klarna (KLAR) shares fell below the initial public offering price for the first time in the face of increased competition from rivals and worries about the path of interest rates. The digital-payments firm’s stock fell 3.8% to $39.94 Friday, closing below the $40 listing price. Klarna started trading on Sept. 10 after the company and some of its backers raised about $1.58 billion in an offering that was double-digit oversubscribed and priced above the marketed range.

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On this episode of Stock Movers:

- Apple (AAPL) has developed a ChatGPT-like iPhone app to help test and prepare for a long-anticipated overhaul of Siri coming next year, according to people familiar with the matter. The company’s AI division is using the app to quickly evaluate new features for Siri, Apple’s voice-powered assistant. That includes testing the ability to search through personal data, such as songs and emails, and perform in-app actions like editing photos, said the people, who asked not to be identified because the initiative is private. Shares of the iPhone-maker bounced around during trading on Friday.

- Furniture retailers like Wayfair (W) and RH (RH) saw shares broadly decline after President Donald Trump announced that the US will enact new tariffs on imported kitchen cabinets, bathroom vanities and other home products next week. RH, whose chief executive officer has been a critic of Trump’s trade policy, saw its stock fall about 4% on Friday. The shares of the company, which operates the Restoration Hardware chain, had already declined 46% this year through Thursday. Wayfair, another furniture retailer, dropped as much as 1.9%. 

- Oracle (ORCL), along with Silver Lake Management and the Abu Dhabi-based investment company MGX are in talks to invest in a US version of TikTok and receive board seats in the new venture, according to people familiar with the discussions. The Trump administration recently encouraged MGX to join the coalition of non-Chinese owners, said one of the people, who asked not to be identified discussing nonpublic information.  Oracle, Silver Lake and MGX would each take a roughly 15% stake in the new TikTok US, and the investors may get a board seat each, said the people, who added that talks are ongoing and the size of the stakes may change. Spokespeople for Oracle, Silver Lake and MGX didn’t respond to requests for comment. The White House, TikTok and ByteDance also had no immediate comment. CNBC reported on the discussions earlier Thursday. Shares of Oracle are lower as investor express disappointment with the Trump administration's estimates for TikTok's value.

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On this episode of Stock Movers:
- Costco (COST) shares slip after the retailer reported mixed 4Q results, including adj. EPS and comparable sales (excl. gas and FX) ahead of expectations, but comps decelerated from the prior quarter and global membership renewal rates declined slightly.
- Eli Lilly (LLY) rises after President Donald Trump's plan to impose a 100% tariff on branded drug imports.
- RH (W) shares tumbled after President Donald Trump announced that the US will enact new tariffs on imported kitchen cabinets, bathroom vanities and other home products next week.

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On this episode of Stock Movers:
- Oracle (ORCL) share rose after the Trump administration's estimated $14 billion valuation for TikTok's US business is lower than previous estimates of around $40 billion.
- Wayfair (W) shares fall after President Trump announced new industry-specific tariffs targeting heavy trucks, kitchen cabinets, bathroom vanities, and upholstered furniture.
- Boeing (BA) shares jumped after the company is poised to get more leeway from the Federal Aviation Administration to perform some final safety checks on its 737 MAX aircraft prior to delivery, the Wall Street Journal reported.

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On this episode of Stock Movers:

- Shares of Boeing (BA) soar ahead of Friday's open following a Wall Street Journal report that the planemaker is poised to get more leeway from the Federal Aviation Administration to perform some final safety checks on its 737 MAX aircraft prior to delivery, easing the company's burden to get more of its most profitable aircraft to customers.

- Intel (INTC) shares rally in premarket trading after the Wall Street Journal reported that the Trump administration is weighing a new plan to reduce US reliance on chips made overseas. The Journal says the policy’s goal is to have chip companies manufacture the same number of semiconductors in the US as their customers import from overseas producers. Meantime, a separate Journal report says Intel has approached Apple and TSMC to secure investments or manufacturing partnerships to fuel the chipmaker's comeback.

- Shares of Daimler (DTG GY) slip in early trading as Europe’s truckmakers try to decode what to make of President Trump’s latest tariff salvo. The US plans to impose a 25% duty on imported heavy trucks starting on Wednesday, Trump announced in a post on Truth Social, without providing more details.

- Eli Lilly (LLY) shares edge higher in premarket trading after President Trump announced a fresh round of tariffs on pharmaceuticals, heavy trucks and furniture, including a 100% duty on patented drugs unless the producer is building a manufacturing plant in the US.

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On this episode of Stock Movers:
- Intel (INTC) shares rally in premarket trading after the Wall Street Journal reported that the Trump administration is weighing a new plan to reduce US reliance on chips made overseas. The Journal says the policy’s goal is to have chip companies manufacture the same number of semiconductors in the US as their customers import from overseas producers. Meantime, a separate Journal report says Intel has approached Apple and TSMC to secure investments or manufacturing partnerships to fuel the chipmaker's comeback.
- Eli Lilly (LLY) shares jumps in premarket trading after President Trump announced a fresh round of tariffs on pharmaceuticals, heavy trucks and furniture, including a 100% duty on patented drugs unless the producer is building a manufacturing plant in the US.
- Shares of truck manufacturer Paccar (PCAR) soared in the premarket session following the announcement of a 25% tariff rate on heavy trucks made outside of the US, while Wayfair (W) shares tank with President Trump also announcing a 30% tariff on upholstered furniture and a 50% levy on kitchen cabinets and bathroom vanities.

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On this episode of Stock Movers:
- Novo Nordisk (NOVOB DC) declined while its European Big Pharma peers largely traded flat after President Donald Trump announced new pharma tariffs. 
- Daimler Truck (DTG GY) fell on news Donald Trump’s plans include a duty on heavy truck imports. 
- InterContinental Hotels (IHG LN) shares climbed after receiving a double upgrade to overweight at JPMorgan.

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On this episode of Stock Movers:

- Jabil (JBL) shares fall after the manufacturer reported results, which Vital Knowledge says show pressure on margins in the AI-exposed Intelligent Infrastructure segment.

- Tesla (TSLA) shares fell as European sales of the electric vehicle giant dropped 22% in August, giving it a market share of just 1.9%. Even as consumers in Europe eschew Tesla, EV sales rose in the region in August, with hybrids as a particular bright spot. Still, Tesla was the worst performer among Bloomberg Magnificent Seven stocks.

- Costco (COST) reported quarterly profit that was better than expectations, a sign that spending remains healthy as shoppers prioritize essentials and seek value. The retailer's comparable sales, excluding gas and currency fluctuations, also beat expectations, and its shares were little changed Thursday afternoon. Costco has posted strong sales growth in recent years, attracting consumers with its deals, ever-changing assortment and popular Kirkland brand, and tends to be more resilient to macroeconomic swings than other companies.

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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, Matt Miller, Carol Massar and Tim Stenovec.

- Intel (INTC) shares continue to rally. Investors are piling into bullish bets on Intel Corp., betting
that a weeks-long rally following a string of investments from the US government, Nvidia Corp. and others will continue as the chipmaker seeks further tie-ups. Implied volatility in three-month Intel options jumped this week to the highest level since the tariff-driven selloff in US stocks in early April. But rather than protecting against a decline, investors are buying call options that will profit from further gains. 

- Tesla (TSLA) shares slumped. Tesla urged US environmental regulators to maintain ambitious tailpipe emissions standards that were put in place to push the industry to sell electric vehicles in larger numbers. Regulations finalized under President Joe Biden that assumed more than 50 percent of the US auto market would be composed of fully electric models by 2032 “are a lawful exercise of authority Congress provided to EPA to regulate greenhouse gases from new motor vehicles,” Tesla said in a regulatory filing posted online by the US Environmental Protection
Agency on Wednesday.

- Freeport-McMoRan (FCX) shares slipped on word that a halt in production at the giant Grasberg copper mine in Indonesia looks set to strain the fractious relationship between miner Freeport-McMoRan Inc. and its host nation, at a time when the Jakarta government was already looking to take greater control.Freeport declared force majeure on contracted supplies on Wednesday, two weeks after about 800,000 tons of mud flooded underground tunnels. Two workers were killed, while five more remain missing. The US-listed company slashed its production guidance, dragging its shares down 17% and pushing copper futures to the highest level in more than a year.

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On this episode of Stock Movers:

- Tesla (TSLA) shares fell as European sales of the electric vehicle giant dropped 22% in August, giving it a market share of just 1.9%. Even as consumers in Europe eschew Tesla, EV sales rose in the region in August, with hybrids as a particular bright spot. Still, Tesla was the worst performer among Bloomberg Magnificent Seven stocks.
 
- Intel (INTC) / Apple (AAPL) shares rise after news that Intel has approached Apple about securing an investment in the ailing chipmaker, according to people familiar with the matter, as part of efforts to bolster a business that’s now partially owned by the US government.

- CarMax (KMX) shares fall after the used car retailer reported significant earnings per share and sales shortfalls for the second quarter, which Truist Financial Services analysts described as a “miss across the board” with “really nothing good to see.” Wedbush downgraded the stock to neutral.

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On this episode of Stock Movers:
- Starbucks (SBUX) shares fall after the company said it plans to close stores and eliminate 900 jobs in a $1 billion restructuring effort under Chief Executive Officer Brian Niccol.
- Intel (INTC) / Apple (AAPL) shares rise after news that Intel has approached Apple about securing an investment in the ailing chipmaker, according to people familiar with the matter, as part of efforts to bolster a business that’s now partially owned by the US government.
- Lithium Americas (LAC) shares soared to the highest price since April 2024 after reports the Trump administration is pursuing a stake in the company.

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On this episode of Stock Movers:
- Eli Lilly (LLY) shares drop after the company halted a study of an experimental drug designed to prevent obesity patients from losing too much muscle, citing strategic business reasons.
- CarMax (KMX) shares fall after the used car retailer reported significant earnings per share and sales shortfalls for the second quarter, which Truist Financial Services analysts described as a “miss across the board” with “really nothing good to see.” Wedbush downgraded the stock to neutral.
- Jabil (JBL) shares fall after the manufacturer reported results, which Vital Knowledge says show pressure on margins in the AI-exposed Intelligent Infrastructure segment.

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On this episode of Stock Movers:
- Intel (INTC) shares are higher as it approached Apple about securing an investment in the ailing chipmaker, according to people familiar with the matter, as part of efforts to bolster a business that’s now partially owned by the US government. A deal with Apple would represent further validation of the chipmaker’s turnaround bid, although it’s unlikely that Apple would switch back to Intel processors in its devices.
- Oracle (ORCL) is falling as Rothschild & Co Redburn initiates coverage of the software giant with a sell rating, saying the market is materially overestimating the value of the firm’s cloud revenues.
- Carmax (KMX) slides after the used car retailer reported significant earnings per share and sales shortfalls for the second quarter. CarMax Auto Finance (CAF) income decreased 11.2% as an increase in the provision for loan losses outweighed growth in CAF’s net interest margin percentage.
- Cipher Mining (CIFR) is higher on news Google's taking a stake int he company as part of an AI hosting deal. Google will receive warrants to buy about 24 million shares of Cipher Mining’s stock, equating to an about 5.4% pro forma equity ownership stake, as part of Cipher’s 10-year AI hosting agreement with Fluidstack.

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On this episode of Stock Movers:

- Cipher Mining (CIFR) is higher on news Google's taking a stake in the company as part of an AI hosting deal. Google will receive warrants to buy about 24 million shares of Cipher Mining’s stock, equating to an about 5.4% pro forma equity ownership stake, as part of Cipher’s 10-year AI hosting agreement with Fluidstack.

- Intel (INTC) shares are higher as it approached Apple about securing an investment in the ailing chipmaker, according to people familiar with the matter, as part of efforts to bolster a business that’s now partially owned by the US government. A deal with Apple would represent further validation of the chipmaker’s turnaround bid, although it’s unlikely that Apple would switch back to Intel processors in its devices.

- Oracle (ORCL) is falling as Rothschild & Co Redburn initiates coverage of the software giant with a sell rating, saying the market is materially overestimating the value of the firm’s cloud revenues.

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On this episode of Stock Movers:
- H&M shares soared after the fashion retailer’s profit topped expectations, suggesting tight cost controls are helping its turnaround take hold.
- Koninklijke Philips dropped on news of the Trump administration’s latest probe into imports of robotics, industrial machinery and medical devices, setting the stage for fresh duties.
- Volkswagen and other German carmakers' shares gained on news the US lowered tariffs on auto imports from the EU to 15%, retroactive to August 1.

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On this episode of Stock Movers:

- Intel (INTC) shares soared on word it has approached Apple (AAPL) about securing an investment in the ailing chipmaker, according to people familiar with the matter, part of efforts to bolster a business that’s now partially owned by the US government. Apple and Intel also have discussed how to work more closely together, said the people, who asked not to be identified because the deliberations are private. The talks have been early-stage and may not lead to an agreement, the people said. Shares of Intel rose 6.4% to $31.22 on Wednesday in New York after Bloomberg News reported on the discussions. Apple closed down less than 1% at $252.31. Intel also has reached out to other companies about possible investments and partnerships, the people said. 

- Lithium Americas (LAC) shares soared to the highest price since April 2024 on Wednesday after reports the Trump administration is pursuing a stake in the company. The White House proposed taking equity in the Canadian lithium company during a renegotiation of the terms of a $2.3 billion loan extended by the Energy Department, Bloomberg News reported Tuesday. That followed an earlier Reuters report that the administration was seeking a stake of as much as 10%.

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On this episode of Stock Movers:

- Micron Technology (MU) fell after a generally upbeat forecast from the memory-chip maker failed to impress investors, underscoring Wall Street’s lofty expectations following an extraordinary rally this year.

- Charles Schwab (SCHW) sank on news from Chief Executive Officer Rick Wurster, who said that Charles Schwab would like to give its retail investors more opportunities to take stakes in private companies as a growing number of firms become industry giants before going public.

- Microsoft (MSFT) will start using artificial intelligence models from Anthropic to help power its workplace AI assistant, adding a significant partner to a product that has so far been predominantly driven by OpenAI.

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On this episode of Stock Movers:
- Oracle (ORCL) shares drop after Oracle said it is seeking to borrow $15 billion from the US investment-grade bond market on Wednesday, as the software maker ramps up its spending to meet the needs of the AI boom.
- Alibaba (BABA) shares surged to their highest in nearly four years after revealing plans to ramp up AI spending past an original $50 billion-plus target.
- Adobe (ADBE) shares drop after Morgan Stanley downgraded to equal-weight from overweight on decelerating digital media annual recurring revenue.

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On this episode of Stock Movers:
- Alibaba (BABA) shares surged to their highest in nearly four years after revealing plans to ramp up AI spending past an original $50 billion-plus target, joining tech leaders pledging ever-greater sums toward a global race for technological breakthroughs.
- Micron Technology (MU) shares are up after the chipmaker gave a forecast that showed strong AI-related demand.
- Lithium Americas (LAC) shares soar 56% in premarket trading on Wednesday after reports revealed the US is seeking an equity stake in the company as it renegotiates terms of a $2.3 billion government loan.

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On this episode of Stock Movers:
- Rheinmetall rose with other European defense stocks after President Donald Trump said NATO countries should shoot down Russian aircraft that violated their airspace.
- BE Semiconductor traded higher along with tech and media shares, recovering earlier losses.
- On The Beach forecast slipped as its guidance for the year missed the average analyst estimate.

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On this episode of Stock Movers:
- Micron (MU), he largest US maker of computer memory chips, gave an upbeat forecast for the current quarter, helped by demand for artificial intelligence equipment. Fiscal first-quarter revenue will be roughly $12.5 billion, the company said in a statement Tuesday. Analysts had estimated $11.9 billion on average. Excluding some items, profit will be about $3.75 a share, compared with a projection of $3.05. The outlook validates the idea that Micron has become a key beneficiary of AI spending. Its high-bandwidth memory, or HBM, is critical to the chips and systems that develop artificial intelligence models. That’s turned the technology into a particularly lucrative product for the Boise, Idaho-based company. 
- Boeing (BA) shares rose after it announced it would partner with Palantir to integrate artificial intelligence on current and future defense programs and in its factories. The US planemaker’s defense unit will deploy Palantir’s Foundry platform to standardize data analytics and insights across its factories that produce fighter jets, helicopters, missiles and satellites, the two companies said in a statement on Tuesday. Palantir will also provide Boeing with AI expertise on a “number of undisclosed classified and proprietary efforts focused on supporting military customers’ most sensitive missions,” according to the statement. Shares in Boeing rose 2% and closed at $216.34 in regular trading on Sept. 23.
- Kenvue (KVUE) rallied from a record low as President Donald Trump’s call for pregnant women to avoid Tylenol drew sharp criticism from researchers. In its quest to remake the US health-care system, the Trump administration continues to put out information and guidance that contradicts that of medical organizations, doctors, scientists and state health departments. In addition to Tylenol, there has been conflicting messaging on a host of vaccines, anti-depressants and whether ingredients in shots are safe. It’s confusing patients and forcing doctors to be on the front lines of allaying their concerns.

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On this episode of Stock Movers:
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Matt Miller, Carol Massar and Tim Stenovec.
- Kenvue (KVUE) shares bounced around as investors reacted to President Donald Trump's warning against the use of Tylenol for pregnant women. The doctors at the Peachtree Women’s Specialists OB-GYN practice in Atlanta began their Tuesday morning fielding a barrage of questions from patients asking if Tylenol was safe for them to take. The night before President Donald Trump had launched into a tirade about the medication long recommended during pregnancy to treat fevers and aches and pains. He and Health and Human Services Secretary Robert F. Kennedy Jr. amplified unproven links between Tylenol and autism, with Trump urging pregnant people to instead “tough it out,” rather than take the drug.
- SoundHound (SOUN) shares rose after it announced a new partnership with Red Lobster.
- Micron (MU) shares rose after the closing bell after it announced an upbeat forecast for the current quarter. The largest US maker of computer memory chips, gave an upbeat forecast for the current quarter, helped by demand for artificial intelligence equipment. Fiscal first-quarter revenue will be roughly $12.5 billion, the company said in a statement Tuesday. Analysts had estimated $11.9 billion on average. Excluding some items, profit will be about $3.75 a share, compared with a projection of $3.05.

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On this episode of Stock Movers:

• Boeing (BA) shares rose on word that the US and China are in the final stages of negotiations for a “huge” Boeing Co. aircraft order, US Ambassador to China David Perdue said, as the two nations look to thaw frosty ties and work toward a trade deal. While Perdue didn’t offer details on the size of the potential order, his comments at a briefing in Beijing alongside a visiting delegation of US lawmakers indicated that the deal will be locked in swiftly. “This is a huge order, and it’s very important to the president. Very important for Boeing. I think it’s very important to China,” he said Tuesday. “I think that we’re in the last days of that, weeks of that negotiation, and we’re hopeful that that will turn out to be the case.”
• Kevue (KVUE) shares bounced around as traders tried to decide what to make of the US government's warning against the use of Tylenol for pregnant women.  The doctors at the Peachtree Women’s Specialists OB-GYN practice in Atlanta began their Tuesday morning fielding a barrage of questions from patients asking if Tylenol was safe for them to take. The night before President Donald Trump had launched into a tirade about the medication long recommended during pregnancy to treat fevers and aches and pains. He and Health and Human Services Secretary Robert F. Kennedy Jr. amplified unproven links between Tylenol and autism, with Trump urging pregnant people to instead “tough it out,” rather than take the drug. 
• Vistra (VST) shares slid after receiving a downgrade at Jefferies, which voiced concerns about the lack of announcement for a data center deal for its Comanche Peak nuclear power plant

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In this episode of Stock Movers:
- Sempra (SRE) climbed after the company agreed to sell a 45% equity stake in its infrastructure arm to affiliates of KKR and Canada Pension Plan Investment Board for $10 billion. The sale will help strengthen Sempra’s credit profile and improve its business mix with a goal of approximately 95% earnings from regulated US utilities. The deal is expected to close in the second or third quarter of 2026, subject to regulatory approvals.
- Boeing (BA) shares are rising after the planemaker secured an order from Uzbekistan Airways for as many as 22 787 Dreamliner jets. This comes as the US and China are weeks away from finalizing negotiations on a “huge” Boeing order, US Ambassador to China David Perdue said.
- Vistra (VST) slips after the power producer received a downgrade at Jefferies, which voiced concerns about the lack of announcement for a data center deal for its Comanche Peak nuclear power plant.

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On this episode of Stock Movers:
- Kenvue (KVUE) is recouping most on Monday’s drop, as President Trump’s call for pregnant women to avoid Tylenol draws sharp criticism from researchers who say the advice ignores decades of evidence and could endanger mothers and babies. "We believe independent, sound science clearly shows that taking acetaminophen does not cause autism,” Kenvue, a consumer health company whose brands include Tylenol, Listerine and Johnson’s, said in an emailed statement. Kenvue dropped 7.5% on Monday, extending YTD decline to 21%.
- Boeing (BA) is rising on news the US and China are in the final stages of negotiations for a "huge" Boeing aircraft order, according to US Ambassador to China David Perdue. Perdue said the deal is "very important to the president" and "very important to China", and that they are "hopeful that that will turn out to be the case" in the last days or weeks of negotiation.
- Firefly Aerospace (FLY) is falling after it reported second-quarter revenue of $15.5 million, compared to the $16.1 million expected on average by analysts. Firefly's shares fell 8.8% in US postmarket trading to $45.15 after the company announced its first quarterly earning results. Firefly expects 2025 full-year revenue to be between $133 million and $145 million.

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On this episode of Stock Movers:
- Kenvue (KVUE) is recouping most on Monday’s drop, as President Trump’s call for pregnant women to avoid Tylenol draws sharp criticism from researchers who say the advice ignores decades of evidence and could endanger mothers and babies. "We believe independent, sound science clearly shows that taking acetaminophen does not cause autism,” Kenvue, a consumer health company whose brands include Tylenol, Listerine and Johnson’s, said in an emailed statement. Kenvue dropped 7.5% on Monday, extending YTD decline to 21%.
- Boeing (BA) is rising on news the US and China are in the final stages of negotiations for a "huge" Boeing aircraft order, according to US Ambassador to China David Perdue. Perdue said the deal is "very important to the president" and "very important to China", and that they are "hopeful that that will turn out to be the case" in the last days or weeks of negotiation.
- Firefly Aerospace (FLY) is falling after it reported second-quarter revenue of $15.5 million, compared to the $16.1 million expected on average by analysts. Firefly's shares fell 8.8% in US postmarket trading to $45.15 after the company announced its first quarterly earning results. Firefly expects 2025 full-year revenue to be between $133 million and $145 million.
- Better Homes (BETR) is extending gains early Tuesday, with shares up double digits in premarket trading. The stock surged 47% on Monday, to close at the highest level since August 2023.

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On this episode of Stock Movers:
- Orsted shares surged after a US judge ruled construction can continue on a nearly completed wind farm off the coast of Rhode Island.
-  Heineken said it will acquire Florida Ice and Farm Company’s beverage and retail businesses in a $3.2 billion cash deal, strengthening its position across Central America.
- ASM International's shares dropped after it cut its outlook for second-half revenue, citing lower-than-anticipated demand from some of its clients.

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On this episode of Stock Movers:
- Disney (DIS) said Jimmy Kimmel Live! will return to the air on Tuesday, ending a suspension imposed following controversial remarks the ABC late-night host made about the assassination of Republican activist Charlie Kirk. “We have spent the last days having thoughtful conversations with Jimmy, and after those conversations, we reached the decision to return the show on Tuesday,” Disney said in a statement. The stock fell as much as two percent in the session, but ended up in the red.
- Oracle (ORCL) accelerated its succession plans for top leadership in recent months following a massive acceleration in its cloud business and stock market rally. In June, the software giant promoted two executives — Clay Magouyrk and Mike Sicilia — to president. At that time, the plan was to eventually elevate those leaders into co-CEO roles in a year or two, according to a person who asked not to be named discussing internal plans. The shares gained 6.3% to $328.15 at the close Monday in New York and have jumped 97% this year.
- Lennar (LEN) shares fell after Raymond James analyst Buck Horne cut the recommendation on the homebuilder to underperform from market perform following its quarterly report. He is now the lone bearish voice on the stock, according to data compiled by Bloomberg. 

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On this episode of Stock Movers:

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Matt Miller, Carol Massar and Tim Stenovec.

- Nvidia (NVDA) shares rallied on word it will invest as much as $100 billion in OpenAI to support new data centers and other artificial intelligence infrastructure, a blockbuster deal that underscores booming demand for AI tools like ChatGPT and the computing power needed to make them run. The companies announced the agreement Monday, saying they’d signed a letter of intent for a strategic deal. The investment is meant to help OpenAI build data centers with a capacity of at least 10 gigawatts of power — equipped with Nvidia’s advanced chips to train and deploy AI models. Investors applauded the tie-up, sending Nvidia shares up 3.9% in New York trading. The stock has now gained about 37% this year, cementing the company’s status as the most valuable business on Earth.

- Oracle (ORCL) accelerated its succession plans for top leadership in recent months following a massive acceleration in its cloud business and stock market rally. In June, the software giant promoted two executives — Clay Magouyrk and Mike Sicilia — to president. At that time, the plan was to eventually elevate those leaders into co-CEO roles in a year or two, according to a person who asked not to be named discussing internal plans. The shares gained 6.3% to $328.15 at the close Monday in New York and have jumped 97% this year.

- Kenvue (KVUE) shares dropped to a record low today on the Washington Post's reporting that the President was planning to link its Tylenol brand of medication to autism. After the closing bell, President Trump did make the announcement, saying that pregnant women should avoid taking Tylenol due to a reported link between the active ingredient in the medication and autism.

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On this edition of Stock Movers:

- Shares of Nvidia (NVDA) popped today after the company announced that they will invest as much as $100 billion in OpenAI to support new data centers and other artificial intelligence infrastructure, a blockbuster deal that underscores booming demand for AI tools like ChatGPT and the computing power needed to make them run. The companies announced the agreement Monday, saying they’d signed a letter of intent for a strategic deal. The investment is meant to help OpenAI build data centers with a capacity of at least 10 gigawatts of power — equipped with Nvidia’s advanced chips to train and deploy AI models. Investors applauded the tie-up, sending Nvidia shares up as much as 4.5% in New York trading. The shares have now gained about 36% this year, cementing the company’s status as the most valuable business on Earth. OpenAI, meanwhile, is the world’s biggest tech startup, with a valuation of $500 billion.

- Oracle (ORCL) shares soared today after it was confirmed by the White House that they would provide security and help oversee the re-creation of a new US version of TikTok’s algorithm under a deal taking shape to sell the popular Chinese-owned app to a consortium of American investors. The arrangement, outlined by the White House official on Monday, seeks to ensure that the American buyers control TikTok’s recommendation software in the US following a divestiture by its Chinese parent, ByteDance Ltd. Owners of the US-based TikTok would lease a copy of the algorithm from ByteDance that would then be retrained “from the ground up” with Oracle’s oversight, according to the official. Data from US users would be stored in a secure cloud managed by Oracle with controls established to keep out foreign adversaries, including China, the official said. Beijing-based ByteDance would not have access to information on TikTok’s US subscribers, nor would it have any control over the algorithm in the US, the official said.

- Shares of Better Home & Finance Holding Co. (BETR) soared after Eric Jackson said his hedge fund had bet on the stock, echoing the retail-driven rally he kicked off in Opendoor Technologies Inc. in July. Shares of the online mortgage company known as Better rose as much as 176% on Monday, triggering multiple halts for volatility, before paring gains to 47%. They’ve now gained more than 450% so far this year. In series of posts on the social-media site X, Jackson called the stock a “350-bagger,” meaning he sees the shares hitting around $12,000 apiece in two years versus a close of $34.09 on Friday. That would give the company, worth about $521 million at the end of last week, a market value over $180 billion. He said his fund, EMJ Capital, was long the stock.

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On this episode of Stock Movers:
- Newmont (NEM) shares rise after the gold miner Newmont sold a 13.3% stake in Orla Mining, a Canadian mineral exploration company. eek: Newmont also agreed to sell its Coffee Project in the Yukon, Canada to Fuerte Metals Corporation for up to $150 million.
- Compass (COMP) shares fall after the company agreed to buy Anywhere Real Estate in a $1.5 billion stock deal. This would cement Compass’s status as the largest residential brokerage in the US.
- Coinbase (COIN) shares fall after the company raised $60 million in fresh venture funds. The new dollars will go partly toward tie-ups with Coinbase.

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On this episode of Stock Movers
Fox (FOXA) shares rise after President Donald Trump suggested that Lachlan Murdoch and his father Rupert Murdoch are involved in the US takeover of TikTok.
Pfizer (PFE) shares rise after the company announced they'll pay $4.9 billion for the obesity startup Metsera Inc. in a bid to catch up to rival drugmakers after failing to compete with its own weight-loss medications.
Kenvue (KVUE) shares fall after the Trump administration officials plan to link the active ingredient in Tylenol to autism and warn pregnant women against using the medication unless they have a fever.

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On this episode of Stock Movers:
- Pfizer (PFE) is moving as it agreed to buy the obesity startup Metsera Inc. for an enterprise value of about $4.9 billion to bolster its pipeline after a key weight-loss pill foundered. The US drugmaker will pay Metsera $47.50 in cash per share, and further payments of up to $22.50 per share if three specific and regulatory milestones are met, it said in a statement Monday. The deal represents a 43% premium to Metsera’s closing share price on Friday.
- Oracle (ORCL) is rising his morning on news would recreate and provide security for a new US version of TikTok's algorithm under a deal to sell the app to a consortium of American investors. Oracle will operate in partnership with the US government on everything from algorithm retraining to application development and source code review to ensure content is free from improper manipulation or surveillance.
- Alphabet (GOOG) shareholders are following news that the Justice Department is heading to court to force a breakup of Alphabet's Google, seeking to divest its advertising exchange AdX, which the department says is the best way to restore competition in the market for online display advertising. Google says a full divestiture of AdX isn’t needed and has proposed to make its ad tech tools work seamlessly with those of rivals, arguing that breaking apart integrated tools would harm website publishers and advertisers.

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On this episode of Stock Movers:
- Oracle (ORCL) is rising his morning on news would recreate and provide security for a new US version of TikTok's algorithm under a deal to sell the app to a consortium of American investors. Oracle will operate in partnership with the US government on everything from algorithm retraining to application development and source code review to ensure content is free from improper manipulation or surveillance.
- Kenvue (KVUE) is lower on a report from the Washington Post that Trump administration officials plan to link the active ingredient in Tylenol to autism and warn pregnant women against using the medication unless they have a fever. Kenvue, the maker of Tylenol, said "independent, sound science" shows taking acetaminophen does not cause autism and expressed concern over the health risk this poses for expecting mothers.
- Pfizer (PFE) is moving as it agreed to buy the obesity startup Metsera Inc. for an enterprise value of about $4.9 billion to bolster its pipeline after a key weight-loss pill foundered. The US drugmaker will pay Metsera $47.50 in cash per share, and further payments of up to $22.50 per share if three specific and regulatory milestones are met, it said in a statement Monday. The deal represents a 43% premium to Metsera’s closing share price on Friday.
- Amazon (AMZN), Microsoft (MSFT), and Meta (META) are among Mag 7 names mostly unchanged amid news of H-1B visas. President Trump signed a proclamation to overhaul the H-1B visa program, requiring a $100,000 fee for applications to curb overuse. The proclamation restricts entry under the H-1B program unless accompanied by the payment, and asserts that abuse of the H-1B pathway has displaced US workers.

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On this episode of Stock Movers:
- IAG and other European airline shares may be active, after airports in Berlin, London and Brussels faced continued delays on Sunday as a cyberattack on a key airline check-in system forced staff to process passengers manually.
- Porsche is hitting the brakes on electric vehicles, correcting an expensive strategy that’s depressed the luxury-car maker’s margins and is dragging down parent Volkswagen AG.
- BBVA raised the value of its takeover bid for Banco Sabadell SA by about 10% as it looks to convince investors in the smaller rival to tender their shares.

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On this episode of Stock Movers, we look at some of the biggest gainers and decliners of the week, including:

- Intel (INTC) shares rallied this week on news Nvidia agreed to invest $5 billion in the chipmaker and said the the two will co-develop chips for PCs and data centers, a surprise move to help prop up an ailing archrival that sent Intel shares soaring. Nvidia will buy Intel common stock at $23.28 per share, the two companies said on Thursday. Intel will use Nvidia’s graphics technology in upcoming personal computer chips and also provide its processors for data center products built around Nvidia hardware. Intel shares surged 23% at the close in New York on Thursday, the biggest single-day jump since October 1987. Nvidia stock gained 3.5% and has increased 31% this year.

- Oracle (ORCL) shares surged in trading on Friday on reports it's in in discussions with Meta Platforms Inc. for a cloud computing deal worth about $20 billion, providing further evidence that the company has become a significant infrastructure provider. Under the multiyear deal, Oracle would provide the social media giant with computing power for training and deploying artificial intelligence models, according to people familiar with the talks. The total commitment amount may increase and other deal terms could still change before a final agreement, said the people, who asked not to be named because the discussions were private.

- Darden Restaurants (DRI) shares slipped after several analysts reduced their price targets following the restaurant company's disappointing results on Thursday. Sales for the company’s core restaurant brands showed greater-than-expected deceleration from the previous quarter. Profits also trailed Street expectations for the quarter, hurt in part by food inflation, while slight boost to annual top-line forecasts fail to flow to the bottom line, which was maintained. 

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On this episode of Stock Movers:

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

- FedEx (FDX) shares rallied the day after it announced earnings. It expects a $1 billion hit from trade volatility this year, underscoring the impact of President Donald Trump’s tariffs and the loss of a key exemption for low-value goods. Most of that reduction to adjusted operating profit stems from lower shipments from China to the US — a highly profitable shipping lane that’s been hit hard by tariffs. About $300 million is due to the higher cost of clearing goods through customs, according to FedEx Chief Financial Officer John Dietrich. Investors embraced that the company reinstated full-year guidance.

- Apple (AAPL) shares rose as its new iPhone 17 sales opened to strong demand for pro models. It’s the first time since 2020 that Apple has rolled out several new phone designs. Alongside the new handsets, it also released into stores the Apple Watch SE, Watch Series 11, Watch Ultra 3 and AirPods Pro 3. The new phones, which bring a fresh look in addition to battery life and camera improvements, attracted long lines at Apple stores from Hong Kong to London to New York to Los Angeles. At the Fifth Avenue location in Manhattan, a line for walk-ins — people who hadn’t preordered a device to pick up — wrapped around the block, extending to Madison Avenue. Multiple shoppers interviewed by Bloomberg News indicated they were upgrading belatedly from Apple’s four-year-old iPhone 13 series.

- Oracle (ORCL) shares rose on reports its in in discussions with Meta Platforms for a cloud computing deal worth about $20 billion, providing further evidence that the company has become a significant infrastructure provider. Under the multiyear deal, Oracle would provide the social media giant with computing power for training and deploying artificial intelligence models, according to people familiar with the talks. The total commitment amount may increase and other deal terms could still change before a final agreement, said the people, who asked not to be named because the discussions were private.

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On this episode of Stock Movers:
- Fedex (FDX) expects a $1 billion hit from trade volatility this year due to President Donald Trump’s tariffs and the loss of a key exemption for low-value goods. The company reinstated its financial guidance, saying revenue will grow by 4% to 6% in the current fiscal year, and expects adjusted earnings in the 2026 fiscal year will be $17.20 to $19 a share. FedEx is working on internal initiatives to cut costs, including merging its air and ground networks, and expects its efforts to create $1 billion in permanent cost reductions. - Oklo (OKLO) rose 15%. Trading volume was quadruple the average for this time of day. The shares increased to $121.04 from $104.97. The stock was the best performer among its peers. The S&P 500 Index rose 0.2%.
- Netskope (NTSK) jumped 18% in its trading debut, after the cybersecurity firm raised $908.2 million in an initial public offering. The company’s cloud-native Netskope One platform incorporates artificial intelligence models to help companies protect customers from threats and keep sensitive data secure, according to the filings.

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On this episode of Stock Movers:
- Builder Lennar (LEN) forecast for quarterly home orders missed analysts’ estimates as affordability concerns and the wavering job market keep a lid on buyer demand. The company projected 20,000 to 21,000 contracts for its fiscal fourth quarter, according to a statement Thursday. Analysts expected 21,047, the average in a survey compiled by Bloomberg. - CoreWeave (CRWV) shares are up 0.3% in premarket trading, after Loop Capital started coverage on the cloud-computing provider with a buy rating and $165 price target.
- Intuit (INTU) shares are up 3.3% on Friday, with Wall Street firms positive on the tax-preparation software company in the wake of its analyst day event.

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On this episode of Stock Movers:
- FedEx (FDX) is higher after it reinstated its profit and sales forecast, saying revenue will grow by 4% to 6% in the current fiscal year, and expects adjusted earnings in the 2026 fiscal year will be $17.20 to $19 a share. Still, the company said it expects a $1 billion hit from trade volatility this year due to President Donald Trump’s tariffs and the loss of a key exemption for low-value goods.
- Lennar (LEN) is moving to the downside as its forecast for quarterly home orders missed analysts' estimates due to affordability concerns and the wavering job market. Lennar's results "reflect both the continued pressures of today's housing market and the consistency of Lennar's operating strategy," according to Co-Chief Executive Officer Stuart Miller.
- Intel (INTC) is falling as Citigroup downgrades to sell from neutral, pointing to the beleaguered chipmaker’s rich valuation. The stock rallied 23% on Thursday after Nvidia agreed to invest $5 billion in the company. Analyst Christopher Danely says “the stock is pricing in success in its leading-edge foundry business, which we believe has minimal chance to succeed.”

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On this episode of Stock Movers:
- FedEx (FDX) is higher after it reinstated its profit and sales forecast, saying revenue will grow by 4% to 6% in the current fiscal year, and expects adjusted earnings in the 2026 fiscal year will be $17.20 to $19 a share. Still, the company said it expects a $1 billion hit from trade volatility this year due to President Donald Trump’s tariffs and the loss of a key exemption for low-value goods.
- Lennar (LEN) is moving to the downside as its forecast for quarterly home orders missed analysts' estimates due to affordability concerns and the wavering job market. Lennar's results "reflect both the continued pressures of today's housing market and the consistency of Lennar's operating strategy," according to Co-Chief Executive Officer Stuart Miller.
- Intel (INTC) is falling as Citigroup downgrades to sell from neutral, pointing to the beleaguered chipmaker’s rich valuation. The stock rallied 23% on Thursday after Nvidia agreed to invest $5 billion in the company. Analyst Christopher Danely says “the stock is pricing in success in its leading-edge foundry business, which we believe has minimal chance to succeed.”
- Tesla (TSLA) is rising on an upgrade. Baird is upgrading it to outperform from neutral, noting that the electric-car maker is increasingly viewed as the leader in physical AI. Baird’s Ben Kallo says the “relatively muted stock reactions following a series of less than stellar quarters and investor inbounds regarding long-term initiatives lead us to believe focus has increasingly shifted to the future for TSLA.”

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On this episode of Stock Movers:
- Goldman Sachs reinstated coverage of BAE Systems Plc with a recommendation of buy.
- Swiss Marketplace Group’s shares rallied in its Switzerland debut, showing solid demand and a positive sign for Europe’s recovering initial public offering scene.
- Croda International’s stock jumped the most in nearly five months after an American investment management company disclosed it held more than 5% voting rights in the British chemicals supplier.

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On this edition of Stock Movers:

- FedEx (FDX) shares rose in after hours trading after the company reported better than expected earnings. FedEx reinstated its full-year profit outlook, a sign that the company is gaining some clarity on the future of its business even while the pressure from tariffs is far from over. Adjusted earnings in the 2026 fiscal year will be $17.20 to $19 a share, the company said Thursday in a statement detailing its first-quarter results. The midpoint is slightly below the $18.25 average of analyst estimates compiled by Bloomberg. The company expects revenue to grow by as much as 6% this year compared with a 1.2% average gain forecast by analysts.The sales forecast suggests FedEx anticipates robust volumes during the holiday season, typically its busiest period. Results in its Express unit were helped by higher-margin priority packages, increased US parcel volumes and savings from its cost-cutting initiatives.

- Netskope (NTSK) jumped 18% in its trading debut, after the cybersecurity firm raised $908.2 million in an initial public offering. Shares in the Santa Clara, California-based company closed at $22.49 each on Thursday, above the IPO price of $19 apiece. The deal was priced at the top of the increased price range of $17 to $19 each. The trading gives the company a market value of $8.6 billion, based on the outstanding shares in its filings. Founded in 2012, the company’s cloud-native Netskope One platform incorporates artificial intelligence models to help companies protect customers from threats and keep sensitive data secure, according to the filings. It counts Colgate-Palmolive Co., Home Depot Inc. and Bayer AG among its customers. Netskope’s IPO drew demand for more than 23 times the available shares, Bloomberg News reported Tuesday. To Chief Executive Officer Sanjay Beri, the strong demand reflects how the company is “modernizing both networking and security for the cloud and AI era.

- Intel (INTC) shares soared today after the firm announced that Nvidia had agreed to invest $5 billion in the company and co-develop chips for PCs and data centers. The move comes less than a month after President Donald Trump sealed a deal for a roughly 10% US government stake in Intel. Thursday’s surge in Intel shares pushed the stock to $30.57, boosting the value of the government’s stake to about $13 billion, a $4.4 billion gain on paper since the deal was inked in August. Under that agreement, the US government said it would buy 433.3 million shares of Intel’s common stock at $20.47 per share.

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