Stock Movers

On this episode of Stock Movers:
- Nivida (NVDA) shares fall. Semiconductor analysts are mixed on the news that Nvidia and Advanced Micro Devices will pay 15% of their revenues from Chinese AI chip sales to the US government in order to secure export licenses. While they see upside from the China market, they worry about the precedent.
- Micron (MU) shares rise. Micron Technology Inc. raised its fiscal fourth-quarter revenue and earnings outlook, citing “improved pricing” for a key product. - Tilray Brands (TLRY) rises. Stocks of cannabis producers are climbing Monday morning after the Wall Street Journal reported that US President Donald Trump is considering reclassifying marijuana as a less dangerous drug.

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On this episode of Stock Movers:
- Coinbase (COIN) is pushing higher along with the broader crypto space. Cryptocurrency-exposed stocks rally in premarket trading Monday as Bitcoin extended gains to rise to within striking distance of an all-time high.
- Nvidia (NVDA) and Advanced Micro Devices (AMD) are slipping this morning on news both companies agreed to pay 15% of their revenues from Chinese AI chip sales to the US government in a deal to secure export licenses. The arrangement reflects President Trump’s effort to engineer a financial payout for America in return for concessions on trade, according to the text.
- Rumble (RUM) shares climbed in premarket trading on Monday as the online video network platform announces its intent to buy AI firm Northern Data. Meanwhile, shares in Northern Data AG sink as much as 29%. "Rumble has notified Northern Data of its interest in a potential all-stock exchange offer for 100% of the outstanding shares of Northern Data,” the company said in a statement on Sunday
- Monday.com (MNDY) posted better-than-expected financial results, but the shares are taking a dive in premarket trading due to Q3 guidance.

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On this episode of Stock Movers:
- Coinbase (COIN) is pushing higher along with the broader crypto space. Cryptocurrency-exposed stocks rally in premarket trading Monday as Bitcoin extended gains to rise to within striking distance of an all-time high.
- Nvidia (NVDA) and Advanced Micro Devices (AMD) are slipping this morning on news both companies agreed to pay 15% of their revenues from Chinese AI chip sales to the US government in a deal to secure export licenses. The arrangement reflects President Trump’s effort to engineer a financial payout for America in return for concessions on trade, according to the text.
- Albermarle (ALB) shares are higher as the lithium markets soar after Contemporary Amperex Technology Co. Ltd. halted operations at a major mine in China, spurring speculation that Beijing might move to suspend other projects. The mine's closure had been under scrutiny amid speculation that authorities wouldn’t extend its license, and it accounts for some of global output, according to Bank of America Corp.

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On this episode of Stock Movers:
- Shares in Danish company Orsted A/S dropped as much as 24% after it announced it will conduct a rights offering to raise as much as 60 billion Danish kroner ($9.4 billion).
-S4 Capital, the advertising agency founded by Martin Sorrell, is in talks to combine with private equity-owned MSQ Partners.
- European defense stocks are significantly underperforming on Monday morning, with markets looking to US President Donald Trump’s efforts to broker an agreement to end the war in Ukraine through a planned meeting with Russian President Vladimir Putin later this week.

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Walt Disney Co. disappointed Wall Street with a tepid full-year profit forecast, weighed down by its struggling movie and TV businesses.   

Earnings should increase 18% to $5.85 share in fiscal 2025, excluding some costs, the company said Wednesday. That outlook was less than some analysts had been expecting and put a damper on a mostly positive third-quarter report that showed strength in theme parks and streaming, two growth businesses.   

Disney expects to generate $1.3 billion of operating income from its direct-to-consumer streaming business in fiscal 2025, which ends in September, up from a previous forecast of $1 billion. Management also expects operating income from the parks business to increase 8% in the current fiscal year — at the top end of previous guidance.  

Revenue from Disney’s traditional TV networks, which include ABC and National Geographic, fell 15% in the quarter to $2.27 billion. Operating income tumbled 28% to $697 million due to a decline in viewers and lower advertising rates.   

The unit that includes the Disney film studios lost $21 million in the quarter, hurt by the disappointing theatrical performance of the Pixar film Elio and Thunderbolts* from Marvel Studios. The loss was likely due to write downs associated with those features, analysts at Barclays Research wrote in a note.   

For analysis, Paul Sweeney and Isabelle Lee speak with Bloomberg Intelligence Senior Analyst Geetha Ranganathan.

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On this episode of Stock Movers:

- Apple (AAPL) accounted for about a third of of the S&P 500’s weekly gain after announcing a further massive investment in US manufacturing, which should mitigate tariff costs over the longer term.

- Eli Lilly (LLY) had its worst week since 2008 after investors reacted to disappointing data on weight loss pill. The new weight-loss pill had lower weight loss and higher rates of nausea and vomiting than anticipated in a study, according to the company. BMO analyst Evan Seigerman said of Lilly's pill, "What this shows to me is that it's still a good drug, but it's bound by the limitations of being a GLP-1" drug. Lilly Chief Scientific Medical Officer Daniel Skovronsky said, "I know Wall Street has kind of focused on the exact numbers here and making cross-trial comparisons, but I don't think that carries over to the real world at all," in response to the study's results.

- Trade Desk (TTD) was down 39% today as analysts downgraded the stock amid growing fears that its advertising technology will be impacted by Amazon's offerings. The central concern for analysts is improvements Amazon has made to its demand-side platform, where advertisers buy ad space designed to reach relevant online audiences. According to Richard Greenfield, an analyst at Lightshed Partners, Trade Desk Chief Executive Officer Jeff Green's comments dismissing competition from Amazon "should scare any investor who owns Trade Desk stock or is thinking about investing in it".

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On this episode of Stock Movers:
- The Trump administration is considering selling shares of Fannie Mae (FNMA) and Freddie Mac (FMCC) in an offering that could start as early as this year, according to senior administration officials. The plan could value the government-controlled mortgage giants at some $500 billion or more and would involve selling between 5% and 15% of their stock with an offering expected to raise about $30 billion. No final decision has been made and President Donald Trump is still weighing his options, one official said. The Wall Street Journal earlier reported the news. Shares of both Fannie Mae and Freddie Mac surged as much as 22% in Friday trading, the most in more than two months.
- Gilead Sciences (GILD) lifted its full-year outlook after strong HIV drug sales in the second quarter helped revenue and earnings modestly beat analyst expectations. The company now expects profit excluding some items will be as much as $8.25 a share this year, up from a prior forecast of as much as $8.10. The drugmaker also raised its guidance for annual product sales by about $100 million.

- Under Armour (UAA) plummeted after forecasting worse-than-expected sales and profit for the current quarter, stalling a turnaround plan that was taking hold. The Baltimore, Maryland-based brand said revenue for its second quarter is expected to fall between 6% and 7%. Analysts on average projected a drop of almost 3%. Shares of the athletic-wear brand company dropped as much as 21% in New York. So far this year, the stock had declined almost 20% as of the close on Thursday.

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On this episode of Stock Movers:

- Trade Desk (TTD) analysts are bailing on the one-time market favorite amid growing fears that its advertising technology will get steamrolled by Amazon.com Inc.’s offerings. At least four firms downgraded the stock in the wake of its results and forecast, which crystallized concerns over its growth prospects in a future where Amazon is a more pronounced player.

- Sweetgreen (SG) is lower after it slashed its sales guidance after a second straight quarter of disappointing results, highlighting the salad chain’s struggles to sell $15 salads to budget-strained diners. CEO Jonathan Neman said the quarter’s performance reflected macroeconomic challenges and subdued trends in the industry, particularly in several of the company’s biggest urban markets. Sweetgreen is also discontinuing its ripple fries, Neman said, citing the complexity the menu item added to kitchens

- Heartflow (HTFL) shares surged 66% after the artificial intelligence software platform focused on heart disease raised $317 million in its initial public offering. Shares of the Mountain View, California-based company traded at $31.49 each on Friday as of 1:01 p.m. in New York, versus an IPO price of $19 apiece. The offering of 16.67 million shares by the company priced above range, after the stock was marketed for $17 to $18 each. The trading gives Heartflow a market value of about $2.6 billion based on the outstanding shares listed in its filings.

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On this episode of Stock Movers:
- Block (XYZ) shares rise after the company beat estimates and raised its full-year profit guidance. JPMorgan said the quarter was “impressive.”
- Pinterest (PINS) shares slump after the search and discovery company reported adjusted second-quarter earnings that missed expectations.
- Trade Desk (TTD) shares drop after the advertising technology company reported second-quarter results that spurred multiple downgrades. Firms note growing concerns about competition from Amazon.

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On this episode of Stock Movers:
- Expedia (EXPE) are up after the online travel agency reported second-quarter results that beat expectations and raised its full-year forecast. Shares see likely resistance near $218 dating back to 2022’s previous record.
- Under Armour (UAA) is lower after forecasting worse-than-expected sales and profit for the current quarter, stalling a turnaround plan that was taking hold. The Baltimore, Maryland-based brand said revenue for its second quarter is expected to fall between 6% and 7%. Analysts on average projected a drop of almost 3%. So far this year, the stock had declined almost 20% as of the close on Thursday.
- Pinterest (PINS) slumped in premarket trading after the search and discovery company reported adjusted second-quarter earnings that missed expectations. It also gave an Ebitda outlook in the range of $282 million to $302 million, compared with the consensus analyst estimate of $292.4 million. Bloomberg Intelligence highlighted ad-pricing weakness as a headwind to growth.
- Sweetgreen (SG) is lower after it slashed its sales guidance after a second straight quarter of disappointing results, highlighting the salad chain’s struggles to sell $15 salads to budget-strained diners. CEO Jonathan Neman said the quarter’s performance reflected macroeconomic challenges and subdued trends in the industry, particularly in several of the company’s biggest urban markets. Sweetgreen is also discontinuing its ripple fries, Neman said, citing the complexity the menu item added to kitchens.

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On this episode of Stock Movers:
- Lockheed Martin (LMT) shares are higher with defense stocks potentially taking a hit from tariff clarity. India is reconsidering US weapons purchases. It comes as Swiss politicians are seeking to cancel an order of F-35A fighter jets from Lockheed Martin Corp after President Donald Trump imposed a 39% tariff rate on the country. The moves are in response to US tariff policy.
- Monster Beverage (MNST) is the biggest volume mover in the premarket and is trading higher as sales surpassed expectations as more people consumed energy drinks. “Increased household penetration and per capita consumption of energy drinks remain positive trends for the category,” said Hilton Schlosberg, Monster’s Chief Executive Officer in a statement Thursday.
- Gilead Sciences (GILD) shares are higher after it lifted its full-year outlook after strong HIV drug sales in the second quarter helped revenue and earnings modestly beat analyst expectations. Gilead’s HIV franchise continues to be a source of steady growth, with the HIV pill Biktarvy accounting for about half of the company’s revenue in the second quarter, and sales of the drug rose 9% to $3.53 billion.

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On this episode of Stock Movers:
- Munich Re shares dropped as much as 6.9%, the most since April, after the firm cut its insurance revenue guidance for the full year, missing the average analyst estimate.
- Kingspan dropped as much as 6.2% following its results. The building materials company forecast trading profit for the full year of about EU950 million, below estimates of EU983.8 million.
- Novo Nordisk advanced as much as 4.6% after Intron Health upgraded its rating to hold from sell. The research firm sees the narrative probably being dominated by the potential upside for the Danish drugmaker following peer Eli Lilly’s disappointing data for its new weight-loss pill.

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On this edition of Stock Movers:

- Live Nation (LYV) shares dipped in after hours trading. This comes after the Ticketmaster parent reported second quarter earnings beating Wall Street estimates, driven by strong demand for concerts. However, there is concern for consumer demand. Competitor Vivid Seats (SEAT) also reported earnings and provided a weak outlook for the US consumer.

- Ralph Lauren (RL) shares dropped today after the company reported another quarter of robust growth, but cautioned it wasn’t sure how US consumers would respond to tariffs and price hikes in the second half of the year. “This quarter’s solid performance and our continued momentum give us confidence to raise our full-year outlook even as we remain cautious on the broader macro economic backdrop, primarily in the second half of the fiscal year,” Ralph Lauren Chief Financial Officer Justin Picicci told analysts during an earnings call. Shares fell as much as 7.9%, reversing gains in premarket trading. The stock had surged 31% this year through Wednesday’s close, topping the 7.9% gain for the S&P 500.

- Crocs (CROX) shares slid as much as 29%, the most intraday since March 2020, after the footwear maker projected worse-than-expected sales and profit pressure for its third quarter. A full-year outlook was not provided, with management citing “continued uncertainty from evolving global trade policy and related pressures around the consumer.”

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On this episode of Stock Movers, earnings after the bell from the following companies:
Expedia (EXPE)
Akimai (AKAM)
Trade Desk (TTD)
Tripadvisor (TRIP)
Block (XYZ)
RealReal (REAL)
flutter (FLUT)
Live Nation (LYV)
GoDaddy (GDDY)
Instacart (CART)

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On this episode of Stock Movers: 

- Paycom (PAYC) reported second-quarter results that beat expectations and raised its full-year forecast. Analysts also see potential from an AI product. Our Bloomberg Intelligence team sees the results as positive, “the company appears to be on pace to meet customer-count estimates,” and “the launch of AI-driven IWant, which requires full suite access, could drive sales by encouraging wider product adoption across all modules”

- Fortinet (FTNT) shares tumbled as much as 26% on Thursday, in biggest intraday fall since August 2023, after the software company gave an update to its firewall refresh cycle. At least five analysts downgraded their rating on the stock saying the product refresh cycle is now looking like a “much smaller catalyst than expected. Bloomberg Intelligence analyst Mandeep Singh says, “Fortinet is unlikely to see any big lift from its product refresh cycle amid expectations of muted services gains through 2H”

- Eli Lilly (LLY) tumbled as disappointing data on its new weight-loss pill overshadowed strong growth from the company’s current obesity medicine, which helped drive it to raise its yearly profit and sales outlook. Lilly’s results from an obesity pill study, a drug key to unlocking billions of dollars of growth, didn’t perform as well as Wall Street expected. It resulted in lower weight loss and higher rates of nausea and vomiting than anticipated, side effects associated with so-called GLP-1 drugs. The data was a boon for rival Novo Nordisk. Lilly fell more than 10% when markets opened in New York on Thursday. Novo rose as much as 14.3% in Copenhagen, the most in almost four months.

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On this episode of Stock Movers:
- Airbnb (ABNB) shares drop after the company warned that growth rates may not keep up later this year due to tough year-ago comparisons. Airbnb’s outlook, combined with a lukewarm forecast issued by online travel peer Booking Holdings Inc., underscored how broader economic uncertainty is weighing on travel demand.
- DoorDash (DASH) shares gain after the company reported second-quarter results that beat expectations and gave a positive forecast for Marketplace gross order value. The company attributed its better-than-expected second-quarter results to a growing number of active customers and increased engagement, with "high levels of consumer engagement in the US" evident across many metrics.
- Duolingo (DUOL) shares soar after the the language-learning software company reported second-quarter results that beat expectations on key metrics and raised its full-year forecast. The company cited better-than-expected performance of its subscription tiers over the second quarter.

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On this episode of Stock Movers:
- Intel (INTC) shares fall after US President Donald Trump calls for the chipmaker’s chief executive officer to resign, because of what he called conflicts of interest. This adds to the challenges for a company that is supposed to anchor restoration of the US semiconductor industry.
- Eli Lilly (LLY) shares drop after its' new weight-loss pill had lower weight loss and higher rates of nausea and vomiting than anticipated in a study, according to the company. Lilly’s sky-high valuation is tied in part to eventually turning its weight-loss pill into a blockbuster

- DoorDash (DASH) shares rise after the company issued an outlook for orders in the third quarter that surpassed Wall Street’s expectations. It's a sign that demand for its services remains resilient despite broader concerns about consumer spending.

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On this episode of Stock Movers:
- Intel (ITNC) shares are lower after President Trump called on the chief executive officer of Intel Corp. to resign because of what he called conflicts of interest, adding to the challenges for a company that is supposed to anchor restoration of the US semiconductor industry. A spokesperson for Intel didn’t immediately respond to a request for comment on Trump’s post. This week, Republican Senator Tom Cotton asked the chairman of Intel’s board to answer questions about Chief Executive Officer Lip-Bu Tan’s ties to China, including investments in the country’s semiconductor companies and others with connections to the country’s military. Intel said it would address the matters in the letter with the senator, stating that "Intel and Mr. Tan are deeply committed to the national security of the United States and the integrity of our role in the U.S. defense ecosystem".
- Peloton (PTON) is soaring after it projected a sales decline for the current quarter and said it would cut jobs, but expressed confidence in a turnaround plan under new management. The company reported revenue of $607 million in the quarter ending in June, a 6% decline, but beat estimates, and said overall gross profit improved and operating expenses shrank by 20%. Peloton plans to cut 6% of its workers globally to reduce costs, and will also expand its microstore lineup, third-party retail availability, and create a unified division for selling equipment to gyms.
- Eli Lilly (LLY) is lower on news its experimental pill helped patients shed roughly 11% of their body weight in a late-stage study. The result falls on the lower end of Wall Street's expectations, as investors had hoped the pill would be as effective as Novo Nordisk A/S's Wegovy. Full year revenue did come in higher in Eli Lilly's earnings today as well.
- Airbnb (ABNB) are lower after issuing a better-than-expected outlook for the third quarter due to encouraging summer travel demand. The company expects growth rates to be "relatively stable" from the 7.4% achieved in the second quarter, but warned of tougher year-over-year comparisons later in the year.

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On this episode of Stock Movers:
- Eli Lilly (LLY) is lower on news its experimental pill helped patients shed roughly 11% of their body weight in a late-stage study. The result falls on the lower end of Wall Street's expectations, as investors had hoped the pill would be as effective as Novo Nordisk A/S's Wegovy. Full year revenue did come in higher in Eli Lilly's earnings today as well.
- Novo Nordisk (NVO) shares are rising on the Eli Lilly news. Investors had hoped Lilly’s pill, called orforglipron, would be as effective as Wegovy — the blockbuster weight-loss shot made by Novo Nordisk A/S. Novo rose as much as 8.4% in Copenhagen on the Eli Lilly results, the most in almost four months.
- Fortinet (FTNT) tumbled after the software company gave an update to its firewall refresh cycle. At least three analysts downgraded their rating on the stock saying the product refresh cycle is now looking like a “much smaller catalyst than expected.”
- Airbnb (ABNB) are lower after issuing a better-than-expected outlook for the third quarter due to encouraging summer travel demand. The company expects growth rates to be "relatively stable" from the 7.4% achieved in the second quarter, but warned of tougher year-over-year comparisons later in the year.
- Doordash (DASH) is higher as it issued an outlook for orders in the third quarter that surpassed Wall Street’s expectations, with a gross order value range of $24.2 billion to $24.7 billion. The company attributed its better-than-expected second-quarter results to a growing number of active customers and increased engagement, with "high levels of consumer engagement in the US" evident across many metrics.

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On this episode of Stock Movers:
- WPP dropped as much as 5.2% following its second quarter results. Having issued a profit warning in July, CEO Mark Read reiterated guidance and first-half results were broadly as expected.
- Deutsche Telekom shares slid as much as 6.1% after the telecom operator reported sales and Ebitda that missed estimates in its home market Germany. It flags intense rivalry in the local broadband market after losing 20,000 lines in 2Q, while mobile customer additions also worsened after a corporate client switched to a competitor.
- Sandoz Group stocks went up as much as 5.5%. The pharmaceutical company reported net sales for the second quarter that beat the average analyst estimate.

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On this edition of Stock Movers:

- Duolingo (DUOL) shares rose today after the company lifted its earnings forecast for the year and said it had acquired a music-gaming startup to help speed up the broadening of its offerings beyond language-learning games. The company now expects full-year revenue of $1.01 billion to $1.02 billion, up from $987 million to $996 million it previously expected, a revision it attributed to the better-than-expected performance of its subscription tiers in the second quarter. Duolingo shares, which have risen around 6% this year through the market close Wednesday, were 11% higher in post-market trade.

- DoorDash (DASH) shares jumped today after the largest food delivery service in the US, issued an outlook for orders in the third quarter that surpassed Wall Street’s expectations, a sign that demand for its services remains resilient despite broader concerns about consumer spending. The company sees gross order value for the three months ending September in the range of $24.2 billion to $24.7 billion, exceeding the average Bloomberg-compiled estimate of $23.8 billion. The forecast was accompanied by better-than-expected second-quarter results, which the company attributed to a growing number of active customers and increased engagement.

- Walt Disney Co. (DIS) shares slid after the company disappointed Wall Street with a tepid full-year profit forecast, weighed down by its struggling movie and TV businesses. Earnings should increase 18% to $5.85 share in fiscal 2025, excluding some costs, the company said Wednesday. That outlook was less than some analysts had been expecting and put a damper on a mostly positive third-quarter report that showed strength in theme parks and streaming, two growth businesses. Overall revenue increased 2.1% to $23.7 billion in the three months ended June 28, Disney said, in line with analysts’ projections. Earnings rose to $1.61 a share, excluding some items, beating the $1.46 average analyst’s estimate, according to data compiled by Bloomberg. The shares slid 2.10% to $115.85 Wednesday afternoon in New York. They are up 4% this year.

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On this episode of Stock Movers, 

- Apple (AAPL) rallied today after President Donald Trump planned to announce that Apple will commit to spending another $100 billion on domestic manufacturing, the latest pledge by the tech giant to increase US production of its products as it seeks to avoid punishing tariffs on its flagship iPhones.The announcement at the White House on Wednesday includes a new manufacturing program designed to bring more of Apple’s supply chain to the US, with an eye toward assembling additional critical components domestically, according to a White House official who detailed the announcement on the condition of anonymity. Apple Chief Executive Officer Tim Cook is expected to attend the event.

- Arista Networks Inc.'s shares have more than doubled since April, reaching an all-time high, with CEO Jayshree Ullal's fortune at $6.4 billion. The rise in Arista's stock has also increased the net worth of co-founders Ken Duda, Andy Bechtolsheim, and David Cheriton, with Duda's net worth at $1.2 billion. Arista's growth is attributed to the demand for better networking gear, with the company's market share doubling and big customers including Microsoft Corp. and Meta Platforms Inc.

- Shopify Inc. surged to become the most valuable company in Canada after reporting a quarterly performance that Citigroup called a “blowout”. Shopify's market capitalization rose to C$275 billion, surpassing Royal Bank of Canada in value once again, according to the text. Bloomberg Intelligence analyst Anurag Rana said Shopify has been able to gain a greater share in the e-commerce market, particularly outside of North America.

Plus earnings after the bell from the following companies:
AirBnB (ABNB)
Informatica (INFA)
Lyft (LYFT)
Bumble (BMBL)
Zillow (Z)
Remitly (RELY)
Elf (ELF)
Duolingo (DUOL)
TKO Holdings (TKO)
Doordash (DASH)
Fortinet (FTNT)

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On this edition of Stock Movers:

- McDonald's (MCD) shares are up today after sales picked up in the latest quarter, suggesting that pop culture-focused collaborations and budget meals are helping to offset diners’ economic anxiety. Global sales at restaurants open at least 13 months rose 3.8% in the second quarter, the company said Wednesday. That’s higher than the average estimate of analysts polled by Bloomberg. International markets led the company’s growth, while the US was slightly ahead of expectations as Americans spent more per trip. The results ended four quarters of declining or tepid growth as the burger chain dealt with an E. coli outbreak, backlash against American brands in the Middle East and consumer unease about the economy in response to President Trump’s trade disputes. Total guest counts around the world rose, Chief Executive Officer Chris Kempczinski said on call with analysts.

- Snap (SNAP) shares tumbled after the owner of the Snapchat photo-sharing app acknowledged a slowdown in advertising revenue growth, due in part to a technical issue with its ad-buying tools earlier this year. The company on Tuesday reported second-quarter sales that were shy of Wall Street’s average estimate, and on a call with investors later said that ad revenue, which rose by 9% in the first quarter, is now gaining at a rate of 3% to 4%. Snap shares, which have fallen 13% so far this year, slid more than 17% in premarket trading on Wednesday after closing at $9.39 in New York. Revenue in the June quarter was crimped when the company shipped an update to its advertising auction that inadvertently allowed marketers to buy ads at “substantially reduced prices,” Snap said. That issue has been fixed, and “advertising revenue growth has improved,” Snap said in a letter to shareholders Tuesday. The company, which gets about 90% of its revenue from advertising, forecast overall sales in the current period that will likely be higher than analysts projected.

- Lucid (LCD) shares are down after the electric vehicle maker reported earnings on Tuesday and missed second quarter estimates. Lucid trimmed its full-year production outlook, making the electric vehicle manufacturer the latest carmaker to temper expectations for the year. The company now expects to produce between 18,000 and 20,000 EVs in 2025, down at the midpoint from its earlier forecast for 20,000 vehicles, Lucid said as it reported second-quarter earnings on Tuesday. Although it didn’t immediately detail the reason for the change, the company faced a “challenging macroeconomic backdrop” in the most recent quarter, Chief Financial Officer Taoufiq Boussaid said in the statement.

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On this episode of Stock Movers:

- McDonald's (MCD) shares rise after sales picked up in the latest quarter, suggesting that pop culture-focused collaborations and budget meals are helping to offset diners’ economic anxiety. Global sales at restaurants open at least 13 months rose 3.8% in the second quarter, the company said Wednesday.

 
- Snap (SNAP) shares fall. The company's ad revenue growth rate slowed to 3% to 4% from 9% in the first quarter, and revenue in the June quarter was affected by an update that allowed marketers to buy ads at reduced prices.

- Lucid (LCID) shares drop after the electric-vehicle maker lowered its production forecast for the full year and the company’s second-quarter results were worse than expectations. The company now expects to produce between 18,000 and 20,000 EVs in 2025, down at the midpoint from its earlier forecast for 20,000 vehicles, Lucid said.

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On this episode of Stock Movers:

- Super Micro (SMCI) shares fall after the company lowered its fiscal-year revenue forecast to at least $33 billion, according to a statement. The company's revised fiscal-year outlook raises questions about its ability to capitalize on demand for artificial intelligence equipment with the latest Nvidia chips, as it has been struggling with margins.

- Match (MTCH) shares rise after the company provided a better-than-expected third-quarter sales forecast, with expected revenue ranging from $910 million to $920 million. The company plans to invest $50 million in product development and marketing expenses for its dating apps, including Tinder and Hinge. - Walt Disney (DIS) shares fall after third quarter earnings. However, analysts noted strength in the company’s streaming business. Disney has been making a big push into streaming, with new projects built around its sports franchise ESPN and Hulu.

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On this episode of Stock Movers:
- Snap (SNAP) shares are continuing their slide after the company reported a slowdown in advertising revenue growth due to a technical issue with its ad-buying tools. The company's ad revenue growth rate slowed to 3% to 4% from 9% in the first quarter, and revenue in the June quarter was affected by an update that allowed marketers to buy ads at reduced prices. Snap forecast overall sales in the current period that will likely be higher than analysts projected, and reported growth in its subscription business, with Snapchat+ reaching almost 16 million paying subscribers.
- Disney (DIS) shares are lower despite an earnings beat. Disney raised its adjusted earnings per share guidance for the full year to $5.85 from $5.75 beating the average analyst estimate. The California-based entertainment giant also boosted its experiences operating income growth for fiscal 2025, a segment that includes the company’s cruises and theme parks offerings. However, revenue from conventional TV networks and sports programming fell short of Wall Street’s expectations.
- Advanced Micro Devices (AMD) shares are lower after the company was unable to give a clear outlook for resuming sales in China. Chief Executive Officer Lisa Su said "As our licenses are still under review, we are not including any MI308 revenue in our third-quarter guidance" on a conference call with analysts.

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- Uber (UBER) shares are higher on an earnings beat and after it announced $20 billion in new stock buybacks after sharing a better-than-expected third-quarter forecast and quarterly results. Gross bookings will range from $48.25 billion to $49.75 billion for the three months ending September, according to Uber. Adjusted earnings before interest, taxes, depreciation and amortization for the second-quarter were a record $2.12 billion, ahead of the $2.09 billion that analysts had forecast.-

- Disney (DIS) shares are lower despite an earnings beat. Disney raised its adjusted earnings per share guidance for the full year to $5.85 from $5.75 beating the average analyst estimate. The California-based entertainment giant also boosted its experiences operating income growth for fiscal 2025, a segment that includes the company’s cruises and theme parks offerings. However, revenue from conventional TV networks and sports programming fell short of Wall Street’s expectations.

- Advanced Micro Devices (AMD) shares are lower after the company was unable to give a clear outlook for resuming sales in China. Chief Executive Officer Lisa Su said "As our licenses are still under review, we are not including any MI308 revenue in our third-quarter guidance" on a conference call with analysts.

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On this episode of Stock Movers:
- Beiersdorf shares fell as much as 10% to their lowest level since November 2022, after the maker of personal care products reported weaker organic growth than expected and cut its full-year guidance, as a slowdown in the global skincare market hurt the Nivea brand. Analysts said the outlook cut was somewhat expected, but the magnitude is pressuring shares.
- Hiscox shares rose as much as 15% to the highest since November 2019 after the insurance company reported first-half pretax profit that beat the average analyst estimate. Citi noted positives from the unexpected buyback increase and commentary on the outlook.
- Glencore shares fell as much as 4.7% in London, to its lowest intraday level since July 1 after the miner reported adjusted Ebitda for the first half that missed the average analyst estimate. The miner also scrapped plans to move its primary listing away from London as the company looks to revive a share price that’s been weighed down by slumping coal prices and falling production.

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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, Sonali Basak, Carol Massar and Matt Miller.

- Super Micro (SMCI) shares dropped after lowering its fiscal year sales forecast, suggesting the company continues to face uneven uptake of powerful AI servers amid a shift to products based on new Nvidia Corp. chips. The company said Tuesday that revenue in the year ending in June 2026 will be at least $33 billion. In February, Super Micro offered a bullish long-term outlook because of demand for AI products, saying sales will be $40 billion — then almost twice as much as analysts’ estimates for the current fiscal year.

- Rivian (RIVN) forecast a larger adjusted loss this year than the electric vehicle maker expected previously, citing recent changes to stringent fuel economy rules in the US that threaten a key source of revenue. The adjusted loss before interest, taxes, depreciation and amortization this year will be $2 billion to $2.25 billion, the company said Tuesday. It had previously forecast a loss of no more than $1.9 billion by that measure, while Wall Street analysts had expected about $1.8 billion on average. Shares slid in the aftermarket.

- Axon (AXON) shares soared in trading today and hit a record intraday high after the maker of Tasers and other public safety equipment reported second-quarter earnings per share that topped expectations. Analysts also noted strong bookings for the company’s AI plan.

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On this edition of Stock Movers:

- Vertex Pharmaceuticals Inc. (VRTX) shares fell after an experimental pain drug failed to provide post-surgery benefits and US regulators said they didn’t see a path forward for broad use of its pill in treating a chronic pain condition. Vertex has been trying to diversify beyond its core business of cystic fibrosis treatments. A key part of has been its new non-opioid pain drug, Journavx, which got US regulatory clearance in January. It was the first new type of painkiller to reach the US market in more than two decades. Shares of Vertex fell as much as 18% on Tuesday, marking their biggest drop in five years and erasing the stock’s year-to-date gain.

- Hims & Hers Health Inc.’s (HIMS) shares dropped in early trading Tuesday after the telehealth company missed second-quarter revenue estimates. The San Francisco-based company recorded sales of $545 million for the three months ended June 30, according to a statement, below Wall Street’s average estimate of $552 million. Hims reaffirmed its full-year revenue guidance of $2.3 billion to $2.4 billion. The company’s shares fell as much as 14% in early trading in New York Tuesday. The stock had risen more than 160% this year through Monday’s close.

- Molson Coors (TAP) shares are up at the moment. The company did lower its full-year guidance for the second quarter in a row, citing continued pressure from a weak consumer, falling US market share and rising costs tied to aluminum tariffs. Executives on a call with investors pointed to sagging consumer confidence as the primary drag on demand, saying that sentiment declined in late January and hasn’t recovered. Company executives also said the economic slowdown has hit Hispanic and lower-income consumers the hardest. “We do see the Hispanic consumer is disproportionately impacted by the overall macro environment,” Chief Executive Officer Gavin Hattersley said. Those shoppers bought beer less often in the quarter and spent less when they did, with more of them picking up single cans instead of full packs.

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On this episode of Stock Movers:
- Palantir (PLTR) shares rise after the company reported a 48% increase in revenue, citing the “astonishing impact” of AI. US government revenue climbed 53% while revenue from commercial contracts rose 93% for the year.
- Coinbase (COIN) shares fall. Coinbase Global Inc. is marketing a two-tranche $2 billion convertible bond offering with a 0% coupon due in 2029 and 2032, according to people familiar with the matter.
- Hims & Hers (HIMS) shares drop after the company reported revenue for the second quarter that missed the average analyst estimate.

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On this episode of Stock Movers:
- Palantir (PLTR) shares rise after the company reported a 48% increase in revenue, citing the “astonishing impact” of AI. US government revenue climbed 53% while revenue from commercial contracts rose 93% for the year.
- Caterpillar (CAT) shares fall after the company missed on EPS results as tariffs are biting into profitability. The company projected a net impact from incremental tariffs of around $1.3 billion to $1.5 billion for the full year. - Hims & Hers (HIMS) shares drop after the company reported revenue for the second quarter that missed the average analyst estimate.
- Vertex (VRTX) shares plunge after its' experimental pain drug failed to benefit patients after surgery. US regulators said they didn’t see a path forward for broad use of its pill in treating a type of chronic pain.

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On this episode of Stock Movers:
- Palantir Technologies (PLTR) reported a 48% increase in revenue for the second quarter to more than $1 billion, citing the “astonishing impact” of artificial intelligence technology on its business. The data software company also raised its revenue outlook for the full year to a range of $4.14 billion to $4.15 billion, exceeding analysts’ prior expectation of $3.91 billion.
- Pfizer (PFE) raised its profit forecast for the year as the drugmaker’s ongoing cost cuts helped make up for a lack of sales growth. Adjusted profits will be between $2.90 to $3.10 per share in 2025, the New York-based company said in a statement Tuesday. Pfizer had previously expected adjusted earnings of $2.80 to $3 per share. The company maintained its revenue projections of between $61 billion and $64 billion for the year.
- Yum! Brands (YUM) sales rose less than expected in the latest quarter after growth at Taco Bell and KFC was weaker than anticipated.Sales at established restaurants rose 2% from a year ago, the company said Tuesday, slightly below the average of analyst estimates. Slower growth at Taco Bell, which has helped power the company’s results in recent quarters with buzzy offerings and low prices, contributed to the miss.

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On this episode of Stock Movers:

- Palantir Technologies (PLTR) reported a 48% increase in revenue for the second quarter to more than $1 billion, citing the “astonishing impact” of artificial intelligence technology on its business. The data software company also raised its revenue outlook for the full year to a range of $4.14 billion to $4.15 billion, exceeding analysts’ prior expectation of $3.91 billion.

- Pfizer (PFE) raised its profit forecast for the year as the drugmaker’s ongoing cost cuts helped make up for a lack of sales growth. Adjusted profits will be between $2.90 to $3.10 per share in 2025, the New York-based company said in a statement Tuesday. Pfizer had previously expected adjusted earnings of $2.80 to $3 per share. The company maintained its revenue projections of between $61 billion and $64 billion for the year.

- Caterpillar (CAT) shares fall 4.1% premarket after the industrial giant reported adjusted earnings per share for the second quarter that missed the average analyst estimate.

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On this episode of Stock Movers:

- DHL gained as much 6.7%, the most since April, after the logistics giant posted a strong second-quarter earnings beat against somewhat muted expectations, with analysts citing its cost control as a key positive and reason for the beat.

- Continental shares were down as much as 2.8% after the German firm reported adjusted Ebit for the second quarter that missed the average analyst estimate, with brokers citing tariff and FX-led tire division weakness. Still, analysts noted margin improvement in the autos segment to be spun off in September. 

- BP stocks were up as much as 2.8% after the oil major reported adjusted net income for the second quarter that beat the average analyst estimate. The company also announced it will buy back $750 million of shares.

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On this episode of Stock Movers:

- Palantir (PLTR) reported a 48% increase in revenue for the second quarter to more than $1 billion, citing the “astonishing impact” of artificial technology on its business.The data software company also raised its revenue outlook for the full year to $4.14 billion to $4.15 billion, exceeding analysts’ prior expectation of $3.91 billion.The shares gained in extended trading after closing at $160.66 in New York. Denver-based Palantir has seen its stock price surge more than 500% over the past year — buoyed by high expectations from investors, growth in demand for AI tools and a deep reach into both the private and public sectors.

- Spotify (SPOT) shares rose after the company announced it’s raising premium subscription prices across many markets outside the US. The Swedish music streaming company is updating prices across South Asia, the Middle East, Africa, Europe, Latin America, and the Asia-Pacific region, according to a statement on Monday. Over the next month, customers will receive an email outlining the new price plan. Subscription prices vary by country, but the statement included a sample email describing a price increase of €1 per month to €11.99 ($13.87).

- Tyson (TSN)'s top boss said a long-awaited push to rebuild the US cattle herd will begin “in earnest” next year — though the meat producer doesn’t expect to benefit before 2028. Signs that ranchers are starting to retain heifers for breeding are setting a stronger outlook for Tyson’s money-losing beef business, even as it will take another couple of years for the move to translate into increased supplies of slaughter-weight animals, Chief Executive Officer Donnie King said on Monday. Rebuilding the US herd is essential for beef producers. For years, ranchers have slashed herd sizes due to high interest rates, expensive feed and persistent drought. That has created the worst shortage in decades, pushing cattle prices to record highs and squeezing profits as processors struggle to pass on higher costs to consumers. Shares rose during trading today.

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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, Scarlet Fu, Carol Massar and Matt Miller.

- Palantir (PLTR) reported a 48% increase in revenue for the second quarter to more than $1 billion, citing the “astonishing impact” of artificial technology on its business.The data software company also raised its revenue outlook for the full year to $4.14 billion to $4.15 billion, exceeding analysts’ prior expectation of $3.91 billion.Denver-based Palantir has seen its stock price surge more than 500% over the past year — buoyed by high expectations from investors, growth in demand for AI tools and a deep reach into both the private and public sectors. Shares rose in afterhours trading.

- Hims & Hers (HIMS) reported revenue for the second quarter that missed the average analyst estimate. The San Francisco-based company recorded sales of $545 million for the three months ended June 30, according to a statement, below Wall Street’s average estimate of $552 million. It reaffirmed its full-year revenue guidance of $2.3 billion to $2.4 billion. Shares dropped in post-market trading.

- ON Semi (ON) reported adjusted earnings per share for the second quarter that matched the average analyst estimate.

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On this episode of Stock Movers:

- American Eagle (AEO) shares surged after US President Donald Trump came out in support of a controversial ad from the company. The spot, with the actress Sydney Sweeney, is the “HOTTEST ad out there,” Trump said in a social media post. He added American Eagle jeans are “flying off the shelves.” Trump deleted an earlier post, in which the actress’ first name was misspelled The stock jumped as much as 18%, the biggest gain intraday since May 12. Through last week’s close, the shares had declined 36% this year. The apparel retailer launched an ad blitz in July with the tagline “Sydney Sweeney Has Great Jeans.” One of the campaign’s videos plays on the same-sounding word “genes” as Sweeney zips up her jeans and intones that “genes are passed down from parents to offspring often determining traits like hair color, personality and even eye color.” “My jeans are blue,” she adds, flashing her blue eyes at the camera.

- Joby Aviation (JOBY) said it plans to buy the helicopter rideshare business of Blade Air Mobility Inc. for as much as $125 million in stock or cash as the electric aviation firm seeks to expand its battery-powered air taxis into a ready-made market for its aircraft. The acquisition encompasses all of Blade’s passenger business, including operations in the US and Europe, as well as the Blade brand, Joby said in a statement, confirming an earlier report by Bloomberg. Blade’s medical division will remain a public company and rebrand, while partnering with Joby on medical transportation. Shares of Joby rose higher on the news.

- Opendoor (OPEN) are rallying after the digital real estate firm regained compliance with the Nasdaq exchange. Opendoor said on Friday it received written notice from the Nasdaq Stock Market the the firm “has regained compliance with Nasdaq’s minimum bid price requirement”.

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On this episode of Stock Movers:
- American Eagle (AEO) shares rise after resident Donald Trump posted that "Sydney Sweeney, a registered Republican, has the “HOTTEST” ad out there. It’s for American Eagle, and the jeans are “flying off the shelves.”
- Palantir (PLTR) shares gain. The data analytics company has earnings after the bell. BI noted that continued momentum in sales growth is needed to sustain Palantir's premium valuation among enterprise-software peers.
- Tesla (TSLA) shares rise after the company approved an interim stock award worth about $30 billion for Chief Executive Officer Elon Musk to keep his attention on the automaker.

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On this episode of Stock Movers:
- Spotify (SPOT) shares rise after the company raised premium subscription prices across many markets outside the US. Last week, Spotify had a disappointing earnings release, showing a 2Q loss due to high-than-expected expenses related to employee compensation.
- Tyson Foods (TSN) shares gain. Tyson raised its earnings forecast after quarterly profit unexpectedly rose. A boom in US chicken continues to offset losses in the beef business. - Waifair (W) shares are up after a solid 2Q beat, with adj. EPS at 87c way above estimates for 33c. Bloomberg Intelligence says results suggest the worst is behind and the home-furnishing retailer may be on an upward trajectory.

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On this episode of Stock Movers:
- Tesla (TSLA) share are higher as it approved an interim stock award of 96 million shares for Chief Executive Officer Elon Musk. The Tesla board emphasized the importance of retaining Musk at the helm, saying the reward was a first step 'good faith' payment to Musk. A special board committee has been exploring ways to offer Musk a new compensation agreement after his prior plan was voided by the Delaware Chancery Court.
- Berkshire Hathaway (BRK.B) shares are lower after Warren Buffett’s company took a $3.8 billion impairment on its Kraft Heinz stake. Bloomberg Intelligence analyst Matthew Palazola writes Berkshire Hathaway’s diversity of operations should allow it to withstand emerging headwinds from US trade policies, lower interest rates and revisions to federal energy tax policy.”
- Blade Air Mobility (BLDE) shares are higher on news Joby Aviation will acquire Blade Air Mobility’s urban air mobility passenger business for up to $125 million in stock or cash. The acquisition includes all of Blade’s passenger business, including operations in the US and Europe, as well as the Blade brand.

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On this episode of Stock Movers:

- Berkshire Hathaway (BRK.B) shares are lower after Warren Buffett’s company took a $3.8 billion impairment on its Kraft Heinz stake. Bloomberg Intelligence analyst Matthew Palazola writes Berkshire Hathaway’s diversity of operations should allow it to withstand emerging headwinds from US trade policies, lower interest rates and revisions to federal energy tax policy.”

- Tesla (TSLA) share are higher as it approved an interim stock award of 96 million shares for Chief Executive Officer Elon Musk. The Tesla board emphasized the importance of retaining Musk at the helm, saying the reward was a first step 'good faith' payment to Musk. A special board committee has been exploring ways to offer Musk a new compensation agreement after his prior plan was voided by the Delaware Chancery Court.

- Boeing (BA) is lower after workers at Boeing's St. Louis-area defense factories are striking after union members rejected the company's modified contract offer. Tom Boelling, the union local's top official, said IAM District 837 members "deserve a contract that reflects their skill, dedication, and the critical role they play in our nation's defense." Dan Gillian, a Boeing vice president, said the company is "prepared for a strike and have fully implemented our contingency plan to ensure our non-striking workforce can continue supporting our customers."

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On this episode of Stock Movers:

- Lindt shares fell 1.8% to 116,800 Swiss francs as traders had their first opportunity to react to US President Donald Trump’s punitive 39% export tariff on Switzerland.

- Lloyds rose 6.8% after they won a major reprieve in a pivotal UK car finance case. After markets closed on Friday, the Supreme Court agreed that banks should only pay compensation in the most serious cases of motor finance misselling, overturning most of a lower court ruling that last year had sent shares in affected banks spiraling.

- Air France-KLM was up 7.7% after it was raised to equal-weight at Barclays. It reported earnings that topped and sales that trailed estimates for the quarter on July 31.

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Meta Platforms Inc. is taking advantage of its lucrative advertising business and stepping up spending next year, with executives saying now is the time to seize on investment opportunities in artificial intelligence.   

Investors cheered the plan, sending shares up as much as 12% to $779.34 after markets opened in New York on Thursday, marking a record high. The social media giant reported second-quarter earnings on Wednesday that beat Wall Street estimates and forecast better-than-expected results for the current quarter.   

For more on Meta's earnings, Paul Sweeney and Norah Mulinda speak with Bloomberg Tech Reporter Kurt Wagner.

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On this edition of Stock Movers:

- Carvana (CVNA) shares notched an all-time high this week — rising more than 10,000% from a low in late 2022 — and delivering a blow to investors betting against the online used-car dealer. The jump to record caps a roller-coaster ride for the stock that quickly became an investor darling after a public debut in 2017, but has also been plagued by criticisms ranging from claims that the company was overvalued and allegations of lax business practices. The latest gains came after the company’s blockbuster second-quarter results on Wednesday fueled expectations that a turnaround is taking hold at the embattled company.

- Microsoft (MSFT) has become the second company in the world to reach a $4 trillion market capitalization after reporting quarterly earnings that beat Wall Street’s expectations, sending the stock soaring Thursday. Shares of the technology behemoth jumped, pushing its market value to $4.1 trillion. Nvidia Corp. became the first company to hit the milestone earlier this month. The company’s latest results confirmed that it’s a leader in the artificial intelligence boom that’s lifted megacap tech stocks, and the broader market, for the last few years. Microsoft reported better-than-expected growth in its cloud business, and its closely-watched Azure cloud-computing unit posted a 39% rise in sales, handily beating the 34% analysts expected. 

- Figma (FIG) shares jumped 250% in their public debut after the design software maker and some of its shareholders raised $1.2 billion in an IPO, with the trading valuing the company far above the $20 billion mark it would have reached in a now-scrapped merger with Adobe. The company sold 12.47 million shares in the IPO, which priced Tuesday, while investors including Index Ventures, Greylock Partners and Kleiner Perkins sold 24.46 million shares. The trading gives Figma a market value of nearly $55 billion, based on the outstanding shares listed in its filings. Accounting for employee stock options and restricted stock units, and restricted stock units for Chief Executive Officer Dylan Field, which are subject to vesting conditions, the fully diluted value is well above $65 billion.

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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 Matt Miller, Katie Greifeld, Carol Massar and Tim Stenovec.

- Apple (AAPL) shares slid despite delivering strong earnings as markets traded lower today. The iPhone-maker reported its fastest quarterly revenue growth in more than three years, easily topping Wall Street estimates, after demand picked up for the iPhone and products in China. Revenue rose 9.6% to $94 billion in the fiscal third quarter, which ended June 28, the company said in a statement Thursday. Analysts estimated $89.3 billion on average, according to data compiled by Bloomberg. Apple also predicted that fourth-quarter revenue would be up by a percentage in the mid- to high-single digits — better than the 3% that analysts had forecast.

- Amazon (AMZN) dropped after projecting weaker-than-expected operating income and trailing the sales growth of its cloud rivals, leaving investors searching for signs that the company’s huge investments in artificial intelligence are paying off. Operating profit will be $15.5 billion to $20.5 billion in the period ending in September, compared with an average estimate of $19.4 billion. Sales will be $174 billion to $179.5 billion, the company said Thursday in a statement. Analysts, on average, expected $173.2 billion.

- Figma (FIG) shares were volatile in their second trading day, rising as much as 333% above the initial public offering price before paring gains.The San Francisco-based company’s stock traded at $126.07 each as of 10:35 a.m. on Friday in New York, versus the IPO price of $33 per share. Figma’s stock had jumped 250% on Thursday, in the largest first-day pop in at least three decades for a US-traded company raising more than $1 billion, data compiled by Bloomberg show.The company and some of its shareholders raised $1.2 billion in an IPO, pricing the stock on Wednesday above the marketed range. The trading gives Figma a market value of $61.5 billion, based on the outstanding shares listed in its filings. Accounting for employee stock options and restricted stock units, and restricted stock units for Chief Executive Officer Dylan Field, which are subject to vesting conditions, the fully diluted value is roughly more than $73 billion.

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On this episode of Stock Movers:
- Figma (FIG) shares surge. The design software maker and some of its shareholders raised $1.2 billion in the firm’s blockbuster initial public offering. The blowout IPO gives co-founder Dylan Field a fortune of $6.1 billion, putting him on the verge of being ranked among the world’s 500 richest people, according to the Bloomberg Billionaires Index
- Moderna (MRNA) shares fall as its' second-quarter loss was narrower than Wall Street expected as the company cuts costs to offset waning sales of its Covid shot. Moderna also lowered the high end of its revenue forecast for this year.
- Coinbase (COIN) shares fell after the largest US crypto exchange reported lower-than-estimated second-quarter revenue amid a drop in digital-asset market volatility. According to John Todaro, senior analyst at Needham & Company, LLC, Coinbase "missed on the Street consensus" due to a mix shift in volume with retail trading being "much weaker" than expected.

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On this episode of Stock Movers:
- Amazon (AMZN) shares fall after the company reported weaker-than-expected operating income. Amazon spent a record $31.4 billion on capital expenditures in the quarter, up about 90% from the same period a year earlier
- Apple (AAPL) shares rise. CEO Tim Cook said the company saw an acceleration of growth around the world, including in Greater China and EM. 4Q revenue growth was seen in the mid to high single digits. That's better than the 3% that analysts had forecasted.
- Kimberly Clark (KMB) shares jump after reporting the strongest volume growth in five years. Organic sales jumped 3.9% in the second quarter after consumers cut back in the first quarter amid tariff concerns.

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On this episode of Stock Movers:
- Apple (APPL) shares are rising after the company reported third-quarter results that beat on key metrics, notably iPhone revenue and revenue from the greater China region. It also gave a sales outlook that is stronger than expected. CEO Tim Cook said the company saw an acceleration of growth around the world, including in Greater China and many emerging markets, and that services were a bright spot, topping Wall Street projections.
- Amazon (AMZN) shares are lower after projecting weaker-than-expected operating income and trailing the sales growth of its cloud rivals. CEO Andy Jassy said it was "very early days" in artificial intelligence, and that the company's efforts to lower the costs of running AI applications would draw more customers over time.
- ExxonMobil (XOM) shares are also higher after it posted better-than-expected results due to robust oil production from the Permian Basin and Guyana, despite lower crude prices. CEO Darren Woods said Exxon sees continued growth in the Permian, and the company is focused on "creating value" through acquisitions that combine companies.
- Chevron (CVX) is higher after it outperformed expectations and raised its cash flow outlook after boosting oil production to a record. Chevron warned that crude prices are in danger of falling in coming months due to supply increases from OPEC and its allies.

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On this episode of Stock Movers:   

- Apple (APPL) shares are rising after the company reported third-quarter results that beat on key metrics, notably iPhone revenue and revenue from the greater China region. It also gave a sales outlook that is stronger than expected. CEO Tim Cook said the company saw an acceleration of growth around the world, including in Greater China and many emerging markets, and that services were a bright spot, topping Wall Street projections.   

- Amazon (AMZN) shares are lower after projecting weaker-than-expected operating income and trailing the sales growth of its cloud rivals. CEO Andy Jassy said it was "very early days" in artificial intelligence, and that the company's efforts to lower the costs of running AI applications would draw more customers over time.   

- ExxonMobil (XOM) shares are also higher after it posted better-than-expected results due to robust oil production from the Permian Basin and Guyana, despite lower crude prices. CEO Darren Woods said Exxon sees continued growth in the Permian, and the company is focused on "creating value" through acquisitions that combine companies.   

- Chevron (CVX) is higher after it outperformed expectations and raised its cash flow outlook after boosting oil production to a record. Chevron warned that crude prices are in danger of falling in coming months due to supply increases from OPEC and its allies.

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