Stock Movers

On this episode of Stock Movers:

- Canada Goose (GOOS) shares fell today on the news that Barclays was cutting the upscale parka retailer's rating to "underweight" from "equal weight", citing challenging macro pressures.

- Vaccine and biotech stocks, including Moderna (MRNA) plunged after a top regulator left the US Food and Drug Administration, casting deep uncertainty about the future of vaccines and cutting-edge gene therapies. Peter Marks, a key figure overseeing the review and approval of vaccines and other medications, resigned on Friday, citing friction with the views of new Health and Human Services Secretary and longtime vaccine critic Robert F. Kennedy Jr.

- Celsius Holdings (CELH) shares rose to hit its highest intraday level since September after Truist Securities upgraded its recommendation to buy from hold, saying the company’s Alani Nu acquisition gives it an “extremely strong position” in the women’s segment of the US energy drink category.

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On this episode of Stock Movers:

- Vaccine and biotech stocks, including Moderna (MRNA) plunged after a top regulator left the US Food and Drug Administration, casting deep uncertainty about the future of vaccines and cutting-edge gene therapies. Peter Marks, a key figure overseeing the review and approval of vaccines and other medications, resigned on Friday, citing friction with the views of new Health and Human Services Secretary and longtime vaccine critic Robert F. Kennedy Jr.

- Celsius Holdings (CELH) shares rose to hit its highest intraday level since September after Truist Securities upgraded its recommendation to buy from hold, saying the company’s Alani Nu acquisition gives it an “extremely strong position” in the women’s segment of the US energy drink category.

- Newsmax (NMAX) shares skyrocketed as much as 683% in their debut session, as individual investors piled into the conservative media outlet after its initial public offering. Shares were repeatedly halted for volatility. Newsmax raised $75 million in the offering, selling 7.5 million shares for $10 apiece. The mania for a loss-making cable news network stands in dramatic contrast with the year’s biggest and most high-profile IPOs, after Venture Global and CoreWeave realized valuations far less than initially proposed and have traded down in the days after their debuts.

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On this episode of Stock Movers:

- Makers of vaccines and gene therapies, among other biotech companies, are seeing their shares tumble in Monday trading after the FDA’s top regulator for such therapies, Peter Marks, abruptly resigned. Vaccine stocks fall: Moderna -12%, Novavax -7%, BioNTech-8.0%, CureVac -7.2%, Vir Biotechnology -4.2%, Pfizer -1.6%

- Tesla is leading losses among the Magnificent Seven stocks on Monday ahead of President Donald Trump’s deadline for a new set of sweeping global trade tariffs.

-Canada Goose shares fall 4.7% in premarket trading on Monday as Barclays cuts the upscale parka retailer’s rating to underweight from equal-weight, citing challenging macro pressures

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On this episode of Stock Movers:
- Tesla (TSLA) shares are down amid President Trump's incoming auto tariffs and as it expects to released its first-quarter deliveries on Wednesday. The electric car company snapped its nine-week losing streak last week, though it is down 35% on the year entering the trading day.
- Nvidia (NVDA) dropped pre-market following a disappointing IPO from the company it's backing, CoreWeave. The pure play AI start-up began trading Friday and shares fell below its offering price of $40. Nvidia's down 18% on the year coming into Monday.
- Newmont Corp. (NEM) shares are rising as gold prices rise and investors make defensive plays amid policy uncertainty about US tariffs.
- Moderna (MRNA) shares declined in premarket trading following the fiery resignation of Dr. Peter Marks, who led the FDA's Center for Biologics Evaluation and Research. Marks' quick approval for medicines for rare diseases has helped biotech companies, and the sector has sold off on the news.

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On this episode of Stock Movers:
- Newmont Corp. (NEM) shares are rising as gold prices rise and investors make defensive plays amid policy uncertainty about US tariffs.
- Palantir (PLTR) shares are sliding in the premarket as investors exposed to the AI trade continues to weigh on Magnificent 7 stocks.
- Nvidia (NVDA) dropped pre-market following a disappointing IPO from the company it's backing, CoreWeave. The pure play AI start-up began trading Friday and shares fell below its offering price of $40. Nvidia's down 18% on the year coming into Monday.
- Tesla (TSLA) shares are down amid President Trump's incoming auto tariffs and as it expects to released its first-quarter deliveries on Wednesday. The electric car company snapped its nine-week losing streak last week, though it is down 35% on the year entering the trading day.

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On this episode of Stock Movers:
- Europe’s Stoxx 600 index slid 1.1%, with tariff-exposed mining, bank, and auto shares falling the most. European traders are arriving to a sea of red across global equity markets, with all eyes on US President Donald Trump and the fresh tariffs he is expected to unveil this week. Hopes for a more targeted approach from his administration were dashed over the weekend after he told reporters he plans to start his reciprocal levies push with “all countries.”
- Primark Chief Executive Officer Paul Marchant resigned following an investigation into an allegation about his behavior toward a female employee in a social environment. Associated British Foods Plc, the owner of the fashion chain, said Monday that Marchant accepts that his actions fell below the standards expected by the company and that he has apologized to the woman concerned.
- Aston Martin Lagonda Global Holdings Plc expects to raise at least £125 million ($162 million) by selling more shares to Canadian billionaire Lawrence Stroll and its minority stake in the Formula One racing team. Stroll’s Yew Tree consortium is paying around £52.5 million to increase its stake in the struggling British carmaker to around 33%, the company said Monday. Yew Tree plans to acquire 75 million new shares at 70 pence apiece, a slight premium to Friday’s closing price.

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On this episode of Stock Movers: 

- Stocks tumbled in the second worst day of the year, with tech companies like Broadcom (AVGO) closing lower. The stock was down over 30 percent since its December earnings report. 

- Tesla (TSLA) rose against the grain during the week as traders digested President Donald Trump’s announcement of auto tariffs. Even small moves in Tesla’s stock have a huge market impact because the company is so much bigger than other automakers. Tesla’s 1.7% rise on Thursday brought the market capitalization of the company up $14.3 billion. Shares of General Motors Co. and Ford Motor Co. moved more to the downside, while their combined value only dropped by around $4.6 billion. 

- Wolfspeed (WOLF) is struggling to reach a deal with investors to refinance its $575 million convertible bonds due next year. The Durham, North Carolina-based chipmaker has been working with JPMorgan Chase & Co. on the refinancing effort, according to people with knowledge of the matter, who asked not to be identified discussing private talks. Wolfspeed shares closed at $2.59 Friday after sinking nearly 52%, its largest-ever one-day drop. 

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On this episode of Stock Movers:
- Ralph Lauren Corp's (RL) shares slid after President and CEO Patrice Louvet reported a series of insider stock transactions to the US Securities and Exchange Commission. Louvet sold 14,800 shares in Ralph Lauren for $3,441,000.
- Oxford Industries shares were down as much as 12%, after the apparel company gave an outlook that is weaker than expected, prompting an analyst downgrade.
-Argan Inc. shares climb 13% postmarket after the builder of power plants posted 4Q revenue that climbed 41% from the year-ago period. 4Q revenue grew amid heightened quarterly construction activities at several projects, including the Trumbull Energy Center, a gas-fired power plant under construction near Lordstown, Ohio

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On this episode of Stock Movers:
- Lululemon Athletica Inc. shares dropped after the yogawear brand delivered a disappointing outlook for the year and voiced concerns about consumer spending in the US.
- Nippon Steel Corp. shares slumped on a report that the company is considering investing as much as $7 billion to upgrade United States Steel Corp. facilities if it wins approval for its proposed $14.1 billion takeover.
-Argan Inc. shares climb 13% postmarket after the builder of power plants posted 4Q revenue that climbed 41% from the year-ago period.

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On this episode of Stock Movers:
- Lululemon (LULU) declined this morning after the yogawear brand delivered a disappointing outlook for the year and voiced concerns about consumer spending in the US. CEO Calvin McDonald said that US shoppers are keeping their wallets tight and visiting stores less often amid geopolitical strife and high inflation.
- US Steel (X) shares surged this morning as a report emerged suggesting the Nippon Steel merger deal could be saved. Nippon Steel could invest, but not takeover, US Steel. Unions have opposed the deal--first proposed back in 2023--as did former President Biden and President Donald Trump.
- Rocket Lab (RKLB) surged in premarket trading after the space company was selected by the US Space Force for a $5.6 billion program, which Citi analysts said was positive for the stock. Rocket Lab was selected by the US Space Force to compete for the Department of Defense’s missions for its National Security Space Launch (NSSL) Phase 3 Lane 1 program, the company said in a statement

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On this episode of Stock Movers:

- Apple (APPL) shares are lower this morning in anticipation of minimal fines set to be imposed by the EU Monday on Apple and Meta under its Digital Markets Act. It seeks to avoid escalating tensions with President Donald Trump, the Financial Times reports, citing unidentified people familiar with the decisions. Apple is expected to be fined and ordered to revise its App Store rules, according to a person familiar. 

-Meta (META) stocks are also lower amid incoming fines from the EU coming Monday. The Financial Times reports that Meta will also be fined and be ordered to change its “pay or consent” model.-

-US Steel (X) shares surged this morning as a report emerged suggesting the Nippon Steel merger deal could be saved. Nippon Steel could invest, but not takeover, US Steel. Unions have opposed the deal--first proposed back in 2023--as did former President Biden and President Donald Trump.

- Lululemon (LULU) declined this morning after the yogawear brand delivered a disappointing outlook for the year and voiced concerns about consumer spending in the US. CEO Calvin McDonald said that US shoppers are keeping their wallets tight and visiting stores less often amid geopolitical strife and high inflation.

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On this episode of Stock Movers:
- The rally in European banking stocks shows few signs of cooling down after another stellar quarter. The Stoxx 600 Banks Index has surged 25% this year, its best three months since 2020. That’s made it the top-performing sector in Europe by far as investors keep increasing their exposure, and strategists see more gains ahead.

- Ferrari gets buy-equivalent ratings at Barclays and Kepler Cheuvreux after the Italian sportscarmaker confirmed its financial guidance for the year following a recent share-price slide. Both brokers cited the firm’s “unique” resilience.

- European sports apparel stocks are in focus on Friday after Lululemon Athletica shares dropped after the US brand delivered a disappointing outlook for the year and voiced concerns about consumer spending. We're watching Watch Adidas and Puma in Germany, and sports retailers JD Sports and Frasers (Sports Direct) in London.

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On this episode of Stock Movers:

- General Motors (GM), Ford (F), and Stellantis (STLAM IM) are among big auto companies on the move after President Donald Trump signed a proclamation to implement a 25% tariff on auto imports. The effects of the tariff could be particularly pronounced at the low end of the market, with many of the least-expensive models from the likes of General Motors, Ford, Kia Motors and Hyundai being built outside the US.

- GameStop (GME) shares slumped as investors responded to the company’s plans to load up on debt in order to buy Bitcoin. The video-game retailer erased a quarter of its value today, shedding $3 billion in market capitalization in its largest drop since last June. The rout came after the company, on Wednesday afternoon, announced plans to sell $1.3 billion in convertible bonds to fund Bitcoin purchases as it embraces a strategy that was developed by the cryptocurrency advocate Michael Saylor.

- Petco (WOOF) shares rose after its full-year earnings outlook beat expectations, signaling its new leader’s efforts to close underperforming stores is boosting profitability.

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On this episode of Stock Movers:
- Ford (F) is lower today following President Trump's announcement on auto tariffs. Trump signed a proclamation to implement a 25% tariff on auto imports, aiming to bring more manufacturing jobs to the US. - 23andMe Holding Co. (ME) shares jump as much as 147% intraday Thursday, a record, after a judge ruled that the genetic testing company can try to sell information about customer data amid its bankruptcy.
- Gamestop (GME) shares drop as much as 12%, the biggest intraday drop since Sept. 11, after the video-game retailer announced that it intends to offer $1.3 billion aggregate principal amount convertible senior notes due in 2030. A Wedbush analyst said he expects the offering to “fall flat.”

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On this episode of Stock Movers:

- Advanced Micro Devices (AMD) shares fell this morning in premarket after the chipmaker was downgraded to hold from buy at Jefferies, with analysts citing limited traction in artificial intelligence, among other negatives. Jefferies analyst Blayne Curtis also says that Street estimates for AMD are too high, while competition from Intel is growing.
- Jefferies (JEF) shares slide as much as 10% in regular Thursday trading, the most since Jan. 10, after earnings came in below estimates aftermarket Wednesday. Morgan Stanley lowered its price target on the financial services firm to $75 from $81 following the results.
-General Motors (GM) shares tumbled following President Trump's announcement on auto tariffs. Trump signed a proclamation to implement a 25% tariff on auto imports, aiming to bring more manufacturing jobs to the US.

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On this episode of Stock Movers:
- Tesla (TSLA) shares ticked slightly higher in premarket trading after President Trump's tariff announcement yesterday. The president said there would be "absolutely no tariff" for cars made in the US and Tesla has key factories in California and Texas. However, the EV company could still face the effects of tariffs for auto parts.
- Robinhood (HOOD) shares rose in premarket trading after the financial services platform introduced several new products at a Wednesday event, including Robinhood Strategies, Robinhood Banking and Robinhood Cortex. Robinhood Strategies is a wealth management service that caps management fees at $250/year for “Gold” subscribers. Robinhood didn’t disclose an RIA referral program, but anticipates a more formal announcement around an RIA referral network “in the coming months.”
- Advanced Micro Devices (AMD) shares fell this morning in premarket after the chipmaker was downgraded to hold from buy at Jefferies, with analysts citing limited traction in artificial intelligence, among other negatives. Jefferies analyst Blayne Curtis also says that Street estimates for AMD are too high, while competition from Intel is growing.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- General Motors (GM) shares tumbled following President Trump's announcement on auto tariffs. Trump signed a proclamation to implement a 25% tariff on auto imports, aiming to bring more manufacturing jobs to the US.
- Ford (F) shares slipped also on the auto tariff news. The tariffs will come into effect on April 3, initially targeting fully assembled vehicles, and will expand to include major automobile parts by May 3.
- Tesla (TSLA) shares ticked slightly higher in premarket trading after President Trump's tariff announcement yesterday. The president said there would be "absolutely no tariff" for cars made in the US and Tesla has key factories in California and Texas. However, the EV company could still face the effects of tariffs for auto parts.
- Advanced Micro Devices (AMD) shares fell this morning in premarket after the chipmaker was downgraded to hold from buy at Jefferies, with analysts citing limited traction in artificial intelligence, among other negatives. Jefferies analyst Blayne Curtis also says that Street estimates for AMD are too high, while competition from Intel is growing.

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On this episode of Stock Movers:

- European auto stocks fall after President Donald Trump announced a “permanent” 25% tariff on any car not produced in the US. Stellantis and German manufacturers Porsche, Mercedes and BMW are the biggest decliners, as analysts see them as most exposed to the decision. The main European car and car parts index erased its year-to-date gains yesterday, ahead of Trump’s announcement.

- UBS shares fall as much as 5.6% as Bank of America downgrades the lender to under perform, saying the lack of clarity on regulation is likely to drag on for months.

- Next Plc raised its guidance for sales and profit, with the fashion and homewares retailer citing a stronger-than-expected start to the fiscal year despite growing risks in the UK economy. The company now expects £1.1 billion ($1.4 billion) of pretax profit this year, higher than a previous forecast of £1.05 billion, according to a statement Thursday. Next sees full-price sales this year rising 5%, up from its previous guidance of 3.5% but less than 5.8% growth last year.

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On this episode of Stock Movers: 

- Dollar Tree (DLTR) shares rose after the retailer agreed to sell its troubled Family Dollar unit for about $1 billion. The deal, which is expected to close next quarter, marks a disappointing end to Dollar Tree’s bid to establish itself as a discount giant, with a price tag that’s a steep discount to the nearly $9 billion it paid for Family Dollar. Dollar Tree’s store count will roughly halve following the transaction. 

- Chewy’s (CHWY) profit and sales beat estimates buoyed by strong customer growth. Additionally, the company issued guidance for the first quarter that came ahead of consensus forecasts. Shares in the pet food retailer were higher in early trading today, before falling in after hours trading. 

- Freeport-McMoRan (FCX), a copper miner, climbed in trading today after US President Donald Trump’s administration signaled that tariffs on the industrial metal could be coming in weeks rather than months.

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On this episode of Stock Movers:

- Chewy (CHWY) shares rise after the online pet products retailer reported fourth-quarter net sales that beat estimates. Additionally, the company issued guidance for the metric in the first quarter that came ahead of consensus forecasts.
- GameStop (GME) shares jump after the struggling video-game retailer that became a favorite of retail traders during the meme stock frenzy said its board approved a plan to add Bitcoin as a treasury reserve asset. The company also reported fourth-quarter net sales that tumbled 28% year-over-year.
- Trade Desk (TTD US) shares edge higher after CFRA upgraded the advertising-technology company to buy from hold. The stock had fallen more than 55% off a December peak, and the “valuation is extremely enticing” after that drop, while “growth rates and margins remain healthy,” analyst Angelo Zino writes

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On this episode of Stock Movers:

- Chewy (CHWY) shares rise after the online pet products retailer reported fourth-quarter net sales that beat estimates. Additionally, the company issued guidance for the metric in the first quarter that came ahead of consensus forecasts.
- Dollar Tree (DLTR) shares rise as the company will sell its Family Dollar chain for about $1 billion to Brigade Capital Management and Macellum Capital Management a decade after buying the business. The deal, which is expected to close next quarter, marks a disappointing end to Dollar Tree’s bid to establish itself as a discount giant, with a price tag that’s a steep discount to the nearly $9 billion it paid for Family Dollar.
-Freeport-McMoRan (FCX) shares climb after US President Donald Trump’s administration signaled that tariffs on the industrial metal could be coming in weeks rather than months. The company has been gaining as it is expected to be a winner if copper tariffs are imposed.

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On this episode of Stock Movers:
- Trump Media & Technology Group shares climbed this morning following recent news that the company behind the president’s Truth Social platform said it agreed with Crypto.com to offer a suite of “America-First” investment funds. The funds include ETFs holding Bitcoin and other digital assets.
- Dollar Tree shares jumped in premarket trading after the Wall Street Journal reported that the discount retailer is nearing a sale of its Family Dollar business to Brigade Capital Management and Macellum Capital Management for about $1 billion, citing people familiar with the matter. A deal is expected to be announced later Wednesday morning when Dollar Tree posts earnings, the WSJ reported
- GameStop shares rose in the premarket trade after the video game retailer said its board had approved an update to its investment policy to add Bitcoin as a treasury reserve asset. The company also reported fourth-quarter net sales that tumbled 28% year-over-year.

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On this episode of Stock Movers:

 - Freeport-McMoRan moved on the news that US tariffs on copper imports could be imposed within several weeks, earlier than the 270-day deadline. Copper prices have risen to a record, with analysts expecting a 25% tariff to be imposed by the end of this year.
- Dollar Tree shares jumped in premarket trading after the Wall Street Journal reported that the discount retailer is nearing a sale of its Family Dollar business to Brigade Capital Management and Macellum Capital Management for about $1 billion, citing people familiar with the matter. A deal is expected to be announced later Wednesday morning when Dollar Tree posts earnings, the WSJ reported
- GameStop shares rose in the premarket trade after the video game retailer said its board had approved an update to its investment policy to add Bitcoin as a treasury reserve asset. The company also reported fourth-quarter net sales that tumbled 28% year-over-year.
- Tesla led Magnificent 7 shares lower today as it fell as much as 1.9%; stock is cut to hold at Mirae Asset Securities. The Bloomberg Magnificent 7 index, an equal-weighted gauge of the stocks, has fallen 9.6% this year, after jumping 67% in 2024.
- Nvidia is lower as much as 0.9%; the Financial Times reported that China’s energy rules for advanced chips could dent the chipmaker’s sales. The FT reports the rules would prevent Chinese companies from buying Nvidia’s best-selling processors should legislation be strictly implemented.

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On this episode of Stock Movers:

- Ocado gets a positive analyst rating from JPMorgan for the first time in over seven years, with the broker upgrading to overweight from neutral to reflect a “turning tide” in the digital grocery sector. The shares rise as much as 12%. Analyst Marcus Diebel, who last held an overweight on the stock in 2018, says in note there are now several reasons to take a more optimistic view and sees an inflection point approaching.

- CD Projekt’s strong 4Q earnings, boosted by positive tax one-off as well as cooperation with Scopely, is seen positive, however news that the game Witcher 4 won’t be released before 2027 may disappoint investors, according to analysts.

- British developer Vistry Group is planning to capitalize on a government pledge this week to inject £2 billion ($2.6 billion) into affordable homes, as the housebuilder looks to recover from a turbulent end to 2024. The company, which partners with housing associations to build affordable homes, said it was looking to progress “as quickly as possible” to deliver new units, according to a statement Wednesday. Chancellor of the Exchequer Rachel Reeves unveiled grants for social and affordable homes this week, as the Labour government aims to build 1.5 million homes over five years.

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On this episode of Stock Movers:

- KB Home shares fell nearly 9% today after the homebuilder posted disappointing 1Q results. The firm also cut its fiscal revenue guidance for this year, saying demand at the start of the spring selling season was more muted. Analysts noted that affordability issues are putting pressure on housing activity.

- Trump Media & Technology Group plans to work with Crypto.com on a lineup of “Made-in-America” investments — an arrangement that puts the president’s social media company in business with a Singapore-based firm that was locked in a legal battle with US regulators last year. The Truth Social parent will sell exchange-traded funds tied to digital assets and other US-focused investments on a platform owned by Crypto.com, according to a statement Monday. The products will be available this year in the US, Europe and Asia, pending regulatory approval. Crypto.com will supply the cryptocurrencies and technology underpinning them, and they’ll be available through Foris Capital, a New Hampshire-based platform it acquired last year.

- Cassava shares slumped nearly 30% after the drug developer said it plans to discontinue its Alzheimer's program by the end of the second quarter, following a late-stage trial failure.

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On this episode of Stock Movers:

- KB Home (KBH) shares fell after the homebuilder posted disappointing 1Q results and cut its fiscal 2025 revenue guidance, saying demand at the start of spring selling season was more muted than historical levels. The company missed its sales goals for 1Q. Management is cutting guidance primarily to reflect the lower level of net orders generated in the 1Q.
- Tesla (TSLA) sales fell for the 10th time in the last 12 months in Europe, where Elon Musk’s politicking and a changeover of the carmaker’s most important product have been major hindrances. The company registered 16,888 new cars in February, down 40% from a year ago, according to the European Automobile Manufacturers’ Association.
- Cassava (SAVA) shares slump after the drug developer said it will discontinue its Alzheimer’s program with simufilam by the end of the second quarter, following a late-stage trial failure. Topline data indicated that REFOCUS-ALZ did not meet each of the prespecified co-primary, secondary and exploratory biomarker endpoints.

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On this episode of Stock Movers:

- Carvana (CVNA) shares rise after Morgan Stanley raised the used-car retailer to overweight, saying the pullback in shares creates an attractive entry point for the used-car retailer. The stock had slid 25% from a peak in February through last close amid a broader market slump.
- Cloudflare (NET) shares climb as BofA double-upgrades the software company to buy on improving fundamentals, saying it’s set to be an “AI winner.” Cloudflare’s differentiated positioning in AI leaves “high probability” the firm can become leader in AI-as-a-Service (AlaaS)
-Trump Media (DJT) shares jump after signing a non-binding agreement to partner with Crypto.com for a series of ETFs through its Truth.Fi brand. The products will be available this year in the US, Europe and Asia, pending regulatory approval.

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On this episode of Stock Movers:
- Tesla stock is higher this morning along with the entire global auto sector, despite dismal news on European sales. Sales in Europe have fallen in 10 of the last 12 months, with a 40% drop in February compared to the same month last year. The company's sales declined 43% in the first two months of this year, despite a 31% rise in industrywide EV registrations. Tesla is counting on its redesigned Model Y to boost sales while Cathie Wood's Ark Investment Management expects Tesla's stock to hit $2,600 in five years, with 90% of its value coming from robo taxis.
- Trump Media and Technology Group shares jumped in premarket trading Tuesday after signing a non-binding agreement to partner with Crypto.com for a series of ETFs through its Truth.Fi brand. America-first investment funds to launch in 2025 alongside a slate of Truth.Fi SMAs. Trump Media will invest up to $250m of its own cash in ETFs and SMAs, custodied by Charles Schwab.
- KB Homes is down significantly after reporting first quarter earnings that missed estimates and a revenue drop. The figures are much lower than expected due to affordability concerns and it could signal concern over the American housing complex.

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On this episode of Stock Movers:
- Tesla stock is higher this morning along with the entire global auto sector, despite dismal news on European sales. Sales in Europe have fallen in 10 of the last 12 months, with a 40% drop in February compared to the same month last year. The company's sales declined 43% in the first two months of this year, despite a 31% rise in industrywide EV registrations. Tesla is counting on its redesigned Model Y to boost sales while Cathie Wood's Ark Investment Management expects Tesla's stock to hit $2,600 in five years, with 90% of its value coming from robo taxis.
- Trump Media and Technology Group shares jump 10% in premarket trading Tuesday after signing a non-binding agreement to partner with Crypto.com for a series of ETFs through its Truth.Fi brand. America-first investment funds to launch in 2025 alongside a slate of Truth.Fi SMAs. Trump Media will invest up to $250m of its own cash in ETFs and SMAs, custodied by Charles Schwab.
- KB Homes is down significantly after reporting first quarter earnings that missed estimates and a revenue drop. The figures are much lower than expected due to affordability concerns and it could signal concern over the American housing complex.
- Carvana shares are up after Morgan Stanley analyst Adam Jonas upgraded the stock to overweight from equal weight, saying the pullback in shares creates an attractive entry point for investors.

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On this episode of Stock Movers:
- Kingfisher shares fall as much as 12%, the most since November, after the British home improvement firm reported a disappointing 2026 outlook, analysts note, with its French and Polish businesses weighing particularly.
- Shell said it would boost investor returns through the end of this decade by reinforcing its position as the world’s top trader of liquefied natural gas. The London-based energy giant will expand LNG sales, the key driver of profit growth in recent years, by 4% to 5% annually until 2030, according to a statement on Tuesday. This will help the company return as much as half its cash from operations to investors, with a preference for share buybacks.
- Barclays says it’s “time to take a breather” on EU truckmakers as an aggressive US tariffs stance could derail a rally driven by German spending reforms and early signs of a recovery in orders. Downgrades Volvo to underweight from equalweight and both Daimler Truck and Traton to equalweight from overweight.

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On this episode of Stock Movers:

- Tesla retail fans pushed shares as much as 12% higher today during trading. The company has long had an ardent fan base of individual investors who hang on Elon Musk’s every word on X, the social-media platform he owns. They analyze Tesla in great detail in online forums and largely function as a hype crew for the stock.

- United Airlines will begin charging customers more to access its airport lounges to help combat a rise in overcrowding since the pandemic. Individual United Club memberships will now cost $750 or 94,000 reward miles a year for MileagePlus loyalty program members, the company said in a message to customers on Monday. The company is also adding a new “All Access” membership tier priced at $1,400 or 175,000 miles that extends lounge access to certain guests traveling with a member.

- Space exploration company Intuitive Machines shares were up as much as 23%, the most intraday in two months, after management said its 4Q backlog has increased 22% year-over-year, marking the highest quarter-ending backlog in company history. During the earnings call, management said they see opportunity in the change of US administrations and the ensuing efforts to revamp government, including NASA. 

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On this episode of Stock Movers: 

- Tesla is leading gains among the Magnificent Seven stocks on Monday as retail investors buy into the stock. The stock is higher amid a broader rally, with US stock futures rising on signs that the next round of President Donald Trump’s tariffs may be more measured than previously suggested.

- Fannie Mae and Freddie Mac shares are rising Monday after the Wall Street Journal reported Sunday that the Trump administration is considering an executive order on housing that may push for the privatization of the two home loan giants.

- Michael Saylor’s MicroStrategy bought $584.1 million of Bitcoin after raising more than $700 million last week through the sale of so-called perpetual strife preferred stock. The purchase, the latest in a series of almost weekly acquisitions since late October, increased the dot-com-era software maker turned leveraged Bitcoin proxy’s holding of the cryptocurrency to around $44.3 billion.

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On this episode of Stock Movers:

- BYD ’s sales last year surpassed the $100 billion mark, leapfrogging Elon Musk’s Tesla Inc. on revenue, as the Chinese auto giant wows consumers with a range of electric and hybrid cars packed with high-tech features.

- Boeing Co. shares were upgraded to buy, from hold, at Melius Research after the planemaker won a contract for a next-generation US stealth fighter jet. Lockheed Martin Corp. shares were downgraded to hold, from buy, after the failure to win that contract and a series of other competitive losses.

- James Hardie Industries Plc Chief Executive Officer Aaron Erter defended the company’s $8.75 billion acquisition of home-decking provider AZEK Co.
Shares in James Hardie closed down 14.5% in Sydney trading, the steepest decline in 10 months, after the deal was announced Monday, wiping about A$2.9 billion off the company’s market value.

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On this episode of Stock Movers:
- Apple is exploring the idea of adding cameras and visual intelligence features to its smartwatch, thrusting the company into the AI wearables market. Also: Apple makes major executive changes following its Siri struggles, while the EU is pushing hard to open up iOS.
- Jack Ma-backed Ant Group Co. used Chinese-made semiconductors to develop techniques for training AI models that would cut costs by 20%, according to people familiar with the matter.Ant used domestic chips, including from affiliate Alibaba Group Holding Ltd. and Huawei Technologies Co., to train models using the so-called Mixture of Experts machine learning approach, the people said. It got results similar to those from Nvidia Corp. chips like the H800, they said, asking not to be named as the information isn’t public.
- Clearlake Capital Group has agreed to acquire Dun & Bradstreet Holdings Inc. in a deal that values one of Wall Street’s oldest data and analytics providers at $4.1 billion.The private equity firm will pay $9.15 per share in cash for Jacksonville, Florida-based Dun & Bradstreet, according to a statement Monday that confirmed an earlier Bloomberg News report.

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On this episode of Stock Movers:

 - Tesla shares are higher in the premarket on Monday as retail investors buy into the stock. As of last week, individual investors have been net buyers of Tesla shares for 13 straight sessions through Thursday, pumping $8 billion into the stock, retail trading data from JPMorgan Chase shows.

 - Meta shares are up after the company reportedly has been discovered to be profiting from its Llama AI models through revenue-sharing agreements with host businesses. An unredacted court filing sin the copyright lawsuit Kadrey v. Meta showed the company earns a share of the revenue from businesses that host its Llama AI models.

- General Mills shares are down as Morgan Stanley analyst Megan Alexander gave GIS an underweight initiation, announcing a price target of $53.

- Lockheed Martin shares are lower this morning after Boeing beat out LMT for a contract to design and build the US's next-generation stealth fighter jet. Bank of America analyst Ronald Epstein downgraded LMT to Neutral from Buy with a price target of $485, down from $685, on the news. Melius Research analyst Scott Mikus also downgraded Lockheed Martin to Hold from Buy.

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On this episode of Stock Movers:

- SAP claimed the title of Europe’s most valuable public company, replacing Danish weight-loss drug maker Novo Nordisk. Shares of SAP, which have been powered by growing investor optimism over its cloud-based software, rose 1,6% on Monday, valuing the German company at about €314 billion ($340 billion).

- Elliott Investment Management called on RWE to ramp up buybacks after amassing a stake of close to 5% in the German utility. “We share the market’s disappointment with the lack of clarity regarding the company’s commitment to enhance shareholder returns,” Elliott said in a statement. RWE has been under pressure from investors due to its falling share price and its focus on a huge investment program.

- UBS cut the recommendation on Leonardo to neutral, preferring other stocks in the space for exposure to the defence supercycle theme. Peers Saab and Thales are raised to buy. UBS says Leonardo management’s actions, including the dividend increase and efforts to lower exposure to the Boeing 787, have improved business returns, but these efforts are now reflected in the share price. UBS says Thales’s guidance for 6%-7% organic sales growth per year in the long term is likely to prove conservative.

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On this episode of Stock Movers:

- Boeing won a contract to design and build the US’s next-generation stealth fighter jet, beating out rival Lockheed Martin for the multibillion dollar program aimed at preparing the military for possible conflict with China. The new sixth-generation fighter jet, whose overall cost is expected to run in the hundreds of billions of dollars, “will ensure that the USA continues to dominate the skies,” President Donald Trump said in an unveiling at the White House. Trump, the 47th president, said with a smile that it will be dubbed the F-47.

- FedEx shares tumbled after the parcel delivery company lowered its full-year guidance for a third consecutive quarter, citing inflation and uncertain demand for shipments. Adjusted earnings are now expected to be in the range of $18 to $18.60 per share this fiscal year, below the $18.95 average analyst estimate. FedEx also cautioned that revenue may be slightly down versus the prior year, compared to its previous expectation that sales would be roughly flat. FedEx is the latest US company to sound the alarm amid weakening consumer confidence and potential fallout from President Donald Trump’s escalating trade war. 

- Nike’s turnaround effort is hitting snags as the company tries to clear out old inventory while feeling the effects of a growing trade war. Shares fell in pre-market trading Friday as the sportswear maker signaled further declines in revenue and profitability from an ongoing merchandise reset that the company says is necessary to renew growth. Nike also expects gross margin to decline sharply in the current quarter from a year earlier, in part due to US tariffs on products from China and Mexico. Chief Executive Officer Elliott Hill, a longtime Nike executive who came out of retirement to take the top role in October, is looking to guide the company back to growth after a difficult year of falling sales and corporate layoffs. 

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On this episode of Stock Movers:

- Nike’s turnaround effort is hitting snags as the company tries to clear out old inventory while feeling the effects of a growing trade war.Shares fell in trading Friday as the sportswear maker signaled further declines in revenue and profitability from an ongoing merchandise reset that the company says is necessary to renew growth. Nike also expects gross margin to decline sharply in the current quarter from a year earlier, in part due to US tariffs on products from China and Mexico.
- FedEx Corp. shares tumbled after the parcel delivery company lowered its full-year guidance for a third consecutive quarter, citing inflation and uncertain demand for shipments.Adjusted earnings are now expected to be in the range of $18 to $18.60 per share this fiscal year, below the $18.95 average analyst estimate. FedEx also cautioned that revenue may be slightly down versus the prior year, compared to its previous expectation that sales would be roughly flat.
- Luminar Technologies shares rose after the maker of sensors for automobiles posted 4Q revenue that topped estimates and provided guidance for 2025, including guidance for revenue growth of as much as 20%. The quarter’s sensor sales increased, both to Volvo and adjacent-market customers; Luminar shipped more than 4,000 of its Iris sensors to customers and the vast majority of these sensors were shipped to Volvo, CFO Tom Fennimore said on the earnings call

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On this episode of Stock Movers:
- International Consolidated Airlines Group shares fall as much as 4.3% after British Airways hub Heathrow Airport was forced to close all day Friday after a nearby fire caused a power outage. Disruption is likely to last for several days, according to Jefferies.
- FedEx shares slipped after lowering its full-year guidance for the third consecutive quarter due to inflation and uncertain demand for shipments. The company cited a "very challenging" operating environment, including a shorter peak shipping season and severe weather.
- Nike's shares fell in pre-market trading as the company signaled further declines in revenue and profitability due to an ongoing merchandise reset and the impact of US tariffs on products from China and Mexico. The company is trying to clear out old inventory through heavy discounting, but inventory levels remain "elevated across all categories", and gross margin is expected to decline sharply in the current quarter.
- Madison Square Garden Sports Class A trading volume jumped to more than five times the 20-day average for this time of day. Madison Square Garden Sports rose 2.2% to $199, but the shares are down 12% this year.

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On this episode of Stock Movers:

 - FedEx shares slipped after lowering its full-year guidance for the third consecutive quarter due to inflation and uncertain demand for shipments. The company cited a "very challenging" operating environment, including a shorter peak shipping season and severe weather.

- Nike's shares fell in pre-market trading as the company signaled further declines in revenue and profitability due to an ongoing merchandise reset and the impact of US tariffs on products from China and Mexico. The company is trying to clear out old inventory through heavy discounting, but inventory levels remain "elevated across all categories", and gross margin is expected to decline sharply in the current quarter.

- Micron shares are moving down in premarket despite giving forecasts fiscal third-quarter revenue of about $8.8 billion, exceeding average analyst estimates of $8.55 billion. The company's strong demand is driven by components used in data center machines for artificial intelligence software, with data center revenue tripling from last year.

- NIO stock dropped on Friday after the electric vehicle maker missed Wall Street's revenue forecast and issued disappointing guidance. NIO reported fourth-quarter revenue of 19.7 billion Chinese yuan ($2.70 billion), as the number of EVs it delivered climbed 45% from a year ago to 72,689. Analysts were expecting revenue of $2.79 billion, according to FactSet consensus estimates. Guidance also looked soft.

- Lockheed Martin share are up with the White House set to announce the winner of the contest to build the next-generation fighter jet on Friday, choosing between Lockheed Martin and Boeing. The announcement will be made nearly two years after the Air Force issued a formal request for proposals for the Next Generation Air Dominance manned fighter, with plans to spend up to $16 billion on research and development through 2028.

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On this episode of Stock Movers:

- London’s Heathrow airport will close all day Friday after a nearby fire caused a major power outage, throwing one of the world’s busiest airports and the travel plans of hundreds of thousands of people into chaos. Home to airlines including IAG SA’s British Airways and Virgin Atlantic, Heathrow handles more than 1,400 flights and 200,000 passengers every day, and about 40 aircraft take off every hour at peak times on average.The airport, by far the biggest in the UK, is a major hub for trans-Atlantic travel as well as connections into the Middle East and Asia. While London has other airfields, including Gatwick and the smaller Stansted near Cambridge, Heathrow handles the lion’s share of air connections, and an outage on the current scale is unprecedented for the airfield.

- Douglas shares fall as much as 23%, the most ever and to a record low after the German beauty product retailer issued a profit warning, citing increasing competition and a consumer slowdown in France and Germany, its two biggest markets.

- J D Wetherspoon shares slide as much as 12%, hitting a two-year low, after Shore Capital said it expects consensus estimates to fall after the pub chain’s results came in softer than anticipated in the first half. Jefferies said it sees limited scope for its valuation multiple to expand due to concerns circling around the UK consumer.

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On this episode of Stock Movers: 

- Accenture shares tumbled after the consultancy said its US government work has slowed amid Elon Musk’s cost-cutting push. The company, with nearly 800,000 employees around the world, said new procurement actions had decreased amid President Donald Trump’s spending crackdown, hurting its sales and revenue. Accenture Chief Executive Officer Julie Sweet said on a call discussing earnings that federal services accounted for about 8% of its global revenue and about 16% of its Americas revenue in the 2024 fiscal year. 

- Darden shares rise as much as 7.8%, the most intraday since Dec. 19, after management said on the conference call that it’s implied fourth-quarter guidance includes comparable sales growth above 3%, which is ahead of the consensus view of 2.3% growth. The annual forecasts also imply 4Q total sales of $3.23 billion to $3.26 billion, and adjusted EPS between $2.88 and $2.95; these compare to Bloomberg consensus estimates of $3.23 billion, and $2.93, respectively. 

- QXO has agreed to acquire Beacon Roofing Supply Inc. in a deal that values the distributor of roofing, waterproofing and exterior products at about $11 billion including debt. The agreement ends months of back-and-forth between the companies and avoids a full-blown hostile takeover battle. QXO will pay $124.35 per share in cash for Herndon, Virginia-based Beacon after a previous offer of $124.25 was rebuffed. The price represents about a 26% premium to Beacon’s closing price on Nov. 15, the last trading day before news of takeover interest first emerged.

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On this episode of Stock Movers: 
- Tesla Inc. recalled all the Cybertrucks it produced and sold in the first 15 months it’s been on the US market over a safety issue it’s having trouble resolving.The carmaker estimates that 1% of the 46,096 pickups it’s calling back have a defect, according to a recall report filed with the US National Highway Traffic Safety Administration. Pieces of steel trim along the exterior of the Cybertruck are joined to the vehicle by an adhesive that’s “susceptible to environmental embrittlement,” the company said.
- Nvidia Corp. aims to spend several hundred billion dollars to procure US-made chips and electronics over the next four years, the Financial Times reported.Chief Executive Officer Jensen Huang told the FT that the latest chips designed by his company, and Nvidia-powered servers for data centers, can now be produced at US-based factories operated by Taiwan Semiconductor Manufacturing Co. and Foxconn Technology Group. It marked a major step forward in supply chain resilience for the Santa Clara, California-based chipmaker, Huang added.
- Darden shares rise the most intraday since Dec. 19, after management said on the conference call that it’s implied fourth-quarter guidance includes comparable sales growth above 3%, which is ahead of the consensus view of 2.3% growth. The annual forecasts also imply 4Q total sales of $3.23 billion to $3.26 billion, and adjusted EPS between $2.88 and $2.95; these compare to Bloomberg consensus estimates of $3.23 billion, and $2.93, respectively. Management said 3Q comp. sales started with a negative gap to the industry average in December, but turned positive in January and February, with both months exceeding the industry benchmark by “well over 100 basis points,” adding that for the first three weeks of 4Q, Darden is seeing further improvement in sales trends.

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On this episode of Stock Movers:
- Nvidia Corp. aims to spend several hundred billion dollars to procure US-made chips and electronics over the next four years, the Financial Times reported.Chief Executive Officer Jensen Huang told the FT that the latest chips designed by his company, and Nvidia-powered servers for data centers, can now be produced at US-based factories operated by Taiwan Semiconductor Manufacturing Co. and Foxconn Technology Group. It marked a major step forward in supply chain resilience for the Santa Clara, California-based chipmaker, Huang added.
- Five Below shares rose as much as 13% in premarket trading after the discount retailer reported fourth-quarter results that beat expectations. Still, analysts were cautious about the long-term impact of tariffs, with those at Morgan Stanley and Barclays cutting their targets. “Until there is more clarity on the tariff front, we see a balanced risk/reward at current levels,” the analysts wrote in a note.
- Piper Sandler upgrades Carvana and ACV Auctions to overweight from neutral as the broker turns bullish on vehicle technology stocks, saying they can can grow despite macro unease and higher tariffs.Analyst Alexander Potter notes that “most used car transactions don’t span international borders, and demand is relatively stable, regardless of the macro.”

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Tesla shares dropped on the news it's recalling all the Cybertrucks it produced and sold in the first 15 months it was on the market in the US over a safety issue it’s having trouble resolving. The carmaker estimates that 1% of the 46,096 pickups it’s calling back have a defect, according to a recall report filed with the US National Highway Traffic Safety Administration. Pieces of steel trim along the exterior of the Cybertruck are joined to the vehicle by an adhesive that’s “susceptible to environmental embrittlement,” the company said.
- Nvidia shares rose on a report from the Financial Times that it plans to spend several hundred billion dollars to procure US-made chips and electronics over the next four years. Chief Executive Officer Jensen Huang told the FT that the latest chips designed by his company, and Nvidia-powered servers for data centers, can now be produced at US-based factories operated by Taiwan Semiconductor Manufacturing Co. and Foxconn Technology Group. It marked a major step forward in supply chain resilience for the Santa Clara, California-based chipmaker, Huang added.
- Five Below shares are moving after it forecast net sales for the first quarte and the guidance beat the average analyst estimate. The company sees net sales $905 million to $925 million, versus the estimate of $897.8 million.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Tesla shares dropped on the news it's recalling all the Cybertrucks it produced and sold in the first 15 months it was on the market in the US over a safety issue it’s having trouble resolving. The carmaker estimates that 1% of the 46,096 pickups it’s calling back have a defect, according to a recall report filed with the US National Highway Traffic Safety Administration. Pieces of steel trim along the exterior of the Cybertruck are joined to the vehicle by an adhesive that’s “susceptible to environmental embrittlement,” the company said.
- Nvidia shares rose on a report from the Financial Times that it plans to spend several hundred billion dollars to procure US-made chips and electronics over the next four years. Chief Executive Officer Jensen Huang told the FT that the latest chips designed by his company, and Nvidia-powered servers for data centers, can now be produced at US-based factories operated by Taiwan Semiconductor Manufacturing Co. and Foxconn Technology Group. It marked a major step forward in supply chain resilience for the Santa Clara, California-based chipmaker, Huang added.
- Shoe Carnival premarket shares are sinking after it said it expects sales to decline this fiscal year. The retailer expects sales of $1.15 billion to $1.23 billion for the fiscal year that started Feb. 2, down 2% to 4% from last year's total. Analysts polled by FactSet had been forecasting $1.24 billion. Full-year earnings are expected to come in at $1.60 to $2.10 a share, missing analyst projections for $2.67 a share, according to FactSet.
- Five Below shares are moving after it forecast net sales for the first quarte and the guidance beat the average analyst estimate. The company sees net sales $905 million to $925 million, versus the estimate of $897.8 million.

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On this episode of Stock Movers: 

- Sodexo SA shares plunged the most in almost seven years after the French food services company lowered its revenue guidance, citing slower growth at its US university business. The stock dropped as much as 16% in Paris, the biggest intraday decline since March 2018. Rival catering companies also fell, with London-listed Compass Group Plc sliding as much as 4.1%. 

- British warship maker Babcock International Group Plc will rejoin the FTSE 100 index amid a rally in defense stocks as Europe ramps up security spending. The London-based firm will replace Hargreaves Lansdown Plc in the benchmark on Monday, FTSE Russell said in a statement. A spot is opening up in the index because Hargreaves has agreed to a takeover by a group of private equity firms. 

- Swiss watch exports’ downward trajectory resumed in February after a one-month respite, with all main markets seeing a decline. Shipments from Switzerland’s third-biggest exporting industry fell 8.2% overall, hampered by slow demand in China, the Federation of the Swiss Watch Industry said Thursday. In total, 102,000 fewer watches were exported. Only watches with an export price below 200 Swiss francs ($228) posted a positive result. Mid-market watches — priced between 500 and 3,000 francs — fell 15.4%, while timepieces above 3,000 francs slipped 7.3%. Precious metal watches held up better than steel watches, despite high gold prices.

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Stock Movers is a new, five-minute podcast on today's winners and losers in the stock market. Listen for analysis on the companies making news in markets.     

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