Stock Movers

On this episode of Stock Movers:

- Delta Air (DAL) shares extended their climb to as much as 14% in premarket trading, after the carrier posted adjusted profit and revenue for the first quarter that topped the average analyst estimate. Though the airline omitted full year guidance, its forecast for the current quarter is viewed as strong by analysts considering higher fuel-cost assumptions.

- Levi Strauss & Co. (LEVI) raised its projections for the year after reporting better-than-expected quarterly results, citing strong demand in all regions as the denim brand steers shoppers to its own stores and website. 

- Exxon Mobil (XOM) lost 6% of its global production in the first quarter as the Iran war paralyzed oil and natural gas operations in the Persian Gulf.
Half those outages were from a liquefied natural gas complex in Qatar in which Exxon is a partner, the company said Wednesday. Two LNG production lines, or trains, at the facility were damaged by Iranian missile strikes.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Delta Air Lines (DAL) expects to incur more than $2 billion in higher fuel costs through June because of the Iran war, prompting the carrier to tread carefully and stick to its previous full-year profit forecast.“We’re not updating it in light of the uncertainty, so I think it’d be imprudent to make any estimate at this point,” Delta Chief Executive Officer Ed Bastian said.
- Exxon Mobil (XOM) said 6% of its global first-quarter production was knocked out as the Iran war paralyzed much of the Persian Gulf energy industry. Half of those outages were concentrated at a liquefied natural gas complex in Qatar in which Exxon is a partner, the company said on Wednesday. Two LNG production lines, or trains, were damaged.
- Carnival Corp. rose 9.7% in trading before regular market hours.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:

- Ryanair rose 11%, the most in five years, as airlines climb on news of a ceasefire between the US and Iran.
- Shell said its first-quarter results were boosted by its oil trading operation, even as the company’s Middle East assets were battered by the Iran conflict. Oil plunged below $100 a barrel on Wednesday after the US and Iran agreed to a two-week ceasefire, but prices remain up by more than 50% this year.
- Close Brothers shares surge as much as 23%, the most since August, after the lender said the estimated cost of the FCA’s motor finance redress proposal is broadly similar to its existing provision.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- EasyJet shares rose 12% and are up 15% in the past week following news of a ceasefire agreement between the US and Iran.
- Shell said its first-quarter results were boosted by its oil trading operation, even as the company’s Middle East assets were battered by the Iran conflict. Oil plunged below $100 a barrel on Wednesday after the US and Iran agreed to a two-week ceasefire, but prices remain up by more than 50% this year.
- Fresnillo rose 14% the most in six years. The stock was the best performer among its peers.

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On this episode of Stock Movers:

- Jeans and apparel maker Levi Strauss (LEVI) reported better-than-expected revenue and earnings and raised its fiscal year guidance. For the fiscal first quarter ended March 1, the denim giant reported adjusted earnings of 42 cents a share, up from 38 cents a share in the year-ago first quarter, and revenue of $1.74 billion, up 14%. Levi's stock is down 5% year to date through Tuesday's close, but up nearly 59% over the past 12 months.

- A large fire at a Kimberly-Clark distribution center in Ontario, California, will add “uncertainty” and likely “disruptions” to the company’s operations, according to Piper Sandler analyst Michael Lavery. The stock fell 4.1% on Tuesday, the most since March 3, and was the worst performer in the S&P 1500 Household and Personal Products Index

- Broadcom shares rise 3.0% on Tuesday after the chipmaker announced a long-term agreement with Google to develop and supply Tensor Processing Units. The companies also confirmed plans to work with Anthropic to power the AI startup’s burgeoning operations.

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On this episode of Stock Movers:

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

- UnitedHealth Group (UNH) Humana (HUM) and other insurers that provide private Medicare Advantage plans for older Americans rose after the US agreed to boost 2027 payments by 2.48%, more than its initial proposal and a respite for an industry squeezed by federal cost-cutting efforts. Industry leader UnitedHealth’s stock jumped as much as 10%, the most intraday since August. Humana advanced as much as 11%, while CVS Health Corp. gained as much as 6.9%.

- Broadcom shares rise 3.0% on Tuesday after the chipmaker announced a long-term agreement with Google to develop and supply Tensor Processing Units. The companies also confirmed plans to work with Anthropic to power the AI startup’s burgeoning operations.

- Apple (AAPL) shares are down 3.4% on Tuesday, after Nikkei Asia reported that the company is seeing setbacks in the engineering test phase of the foldable iPhone and that it could push back its production and shipment schedule. The report cited unidentified people.

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On this episode of Stock Movers:
- UnitedHealth Group (UNH) Humana (HUM) and other insurers that provide private Medicare Advantage plans for older Americans rose after the US agreed to boost 2027 payments by 2.48%, more than its initial proposal and a respite for an industry squeezed by federal cost-cutting efforts. Industry leader UnitedHealth’s stock jumped as much as 10%, the most intraday since August. Humana advanced as much as 11%, while CVS Health Corp. gained as much as 6.9%.

- Shares of Paramount Skydance (PSKY) climb as much as 13%, the most intraday since Feb. 27, after the entertainment company said it has entered into equity syndication agreements with Gulf funds to support its acquisition of Warner Bros. Discovery.

- Delta Air Lines on Wednesday is slated to be the first US airline to report quarterly earnings since the war in Iran led jet fuel costs to spike, a potential threat to strong demand and bookings. Some analysts expect Delta to recapture earnings growth in 2026 given the Atlanta-based carrier has so far shown more resilience than peers in the face of higher fuels costs. Shares fell 1.7%

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On this episode of Stock Movers:

- Broadcom (AVGO) shares rose on Tuesday after the chipmaker announced a long-term agreement with Google to develop and supply Tensor Processing Units.

- Amazon (AMZN) shares gain after the company reached a new agreement with the US Postal Service, providing a lifeline to the agency and securing delivery for customers in rural America. Amazon will retain about 80% of its existing deliveries with USPS, or more than 1 billion packages per year, according to a person familiar with the matter.

- Apple (AAPL) shares slump after Nikkei Asia reported that the company is seeing setbacks in the engineering test phase of the foldable iPhone and that it could push back its production and shipment schedule. The report cited unidentified people.

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On this episode of Stock Movers:

- ASML (ASML) shares fell as much as 4.7% on Tuesday after US lawmakers unveiled legislation aimed at tightening restrictions on chip tool exports to China.

- Universal Music Group (UMG) shares rose as much as 24% in Amsterdam, but traded well below the value of an offer from Pershing Square Capital Management amid doubt over whether the deal will happen.

- Broadcom (AVGO) shares rose on Tuesday after the chipmaker announced a long-term agreement with Google to develop and supply Tensor Processing Units.

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Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Billionaire activist Bill Ackman has proposed a bid for Universal Music Group (UMG NA) — the world’s largest music company, which houses the likes of Taylor Swift, Drake and Sabrina Carpenter — to increase returns on one of his hedge fund’s biggest holdings.

- Broadcom (AVGO) shares are up after the chipmaker announced a long-term agreement with Google to develop and supply Tensor Processing Units.

- The US Medicare program will pay private insurers 2.48% more in 2027, a meaningful improvement over the initial rates the agency proposed in January. Shares of major insurance companies jumped on the news in premarket trading on Tuesday, with UnitedHealth Group Inc. up 6.6%, Humana Inc. rising 11%, and CVS Health Corp. up 5.8%.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- The US Medicare program will pay private insurers 2.48% more in 2027, a meaningful improvement over the initial rates the agency proposed in January.The final policy from the Centers for Medicare and Medicaid Services influences how more than half a trillion dollars flow through private health plans sold by companies including UnitedHealth Group Inc., Humana Inc. and CVS Health Corp.
- Broadcom (AVGO) shares rise after the chipmaker announced a long-term agreement with Google to develop and supply Tensor Processing Units. The companies also confirmed plans to work with Anthropic to power the AI startup’s burgeoning operations.
- Apple (AAPL) is seeing setbacks in the engineering test phase of the foldable iPhone and could push back its production and shipment schedule, Nikkei Asia reports, citing unidentified people.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Universal Music Group shares rise as much as 24% in Amsterdam, but trade well below the value of an offer from Pershing Square Capital Management amid doubt over whether the deal will happen.
- The ongoing conflict in Iran poses direct operational risks to Middle Eastern refineries. BP shares rise as much as 1.54% in early trading.
- JCDecaux rises as much as 5.8% as TD Cowen upgrades the outdoor advertising company to buy from hold, seeing a clear inflection point as China returns to growth.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Universal Music Group shares rise as much as 24% in Amsterdam, but trade well below the value of an offer from Pershing Square Capital Management amid doubt over whether the deal will happen.
- US lawmakers introduced legislation to restrict exports of chipmaking tools to China, targeting companies like and Tokyo Electron.
- Shares in Italy’s largest defense company Leonardo fall as much as 4.2% on the possibility of a management change, with Bloomberg News reporting that CEO Roberto Cingolani could be replaced as soon as this week. 

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On this episode of Stock Movers:

- Share of AppLovin (APP) gains as Much as 7.2%. Wells Fargo analyst Alec Brondolo raised the firm's price target on AppLovin (APP) to $560 from $543 and keeps an Overweight rating on the shares. The firm says checks are improving and buy-side sentiment is negative. Wells sees positive setup into Q1 EPS.

- Tesla (TSLA) falls to its lowest since September. Shares fell as much as 3.9% In the wake of a delivery-forecast miss from Tesla, JPMorgan's Ryan Brinkman highlighted that the company was also up against a much lower bar than had been expected years ago.

- Bank of New York Mellon (BNY) shares rose as much as 1.7% and Robinhood Markets (HOOD) shares gained as much as 2.3% after the firms were tapped by the US Treasury to support the implementation of the new Trump Accounts program.

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On this episode of Stock Movers:

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

- Seagate (STX) shares are up after Morgan Stanley raised its price target on the computer hardware and storage company to $582 from $468. The firm also named Seagate its Top Pick, seeing long-term tailwinds related to AI.

- Tesla (TSLA) stocks are down after JPMorgan analyst Ryan Brinkman said "Tesla investors should proceed with caution because the electric-vehicle maker is in danger of weaker performance." He cut his earnings estimates for the company after first-quarter delivery numbers disappointed last week.

- Invesco (IVZ) shares fell after BlackRock Inc. announced it was setting its sights on a corner of the $13.7 trillion US exchange-traded fund industry long controlled by Invesco: tracking the Nasdaq 100 Index.

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On this episode of Stock Movers:

- Micron (MU) shares rise after a KeyBanc analyst John Vinh repeated an Overweight rating. This comes as Micron Technology Inc. is facing challenges in the stock market, with its shares down nearly 20% since hitting a high three weeks ago due to concerns about the memory sector and uncertainty in the broader market.

- Dow (DOW US) shares drop. US chemical stocks are lower on Monday as oil prices pull back and BofA downgrades the stocks as it sees the market tailwinds from the Iran war as unsustainable.

- Carvana (CVNA) shares fall. BofA Global Research downgraded the online used-car retailer to neutral from buy citing recent macro and industry developments. 

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On this episode of Stock Movers:

- Carvana shares (CVNA) falls. BofA Global Research downgrades the online used-car retailer to neutral from buy citing recent macro and industry developments. Analyst Michael McGovern says with “the recent oil shock potentially pressuring an already stretched lower & middle income consumer, and 2-year rates moving the opposite direction, we think the risk/reward profile is more balanced now.”

- Netflix shares (NFLX) are up after Goldman Sachs upgraded the streaming-video company to buy from neutral. “We expect NFLX’s upcoming earnings report to reflect a strong start to 2026 as management continues to execute well against its core areas of strategic focus,” writes analyst Eric Sheridan.

- Tyson Foods shares (TSN) rise as Piper Sandler upgrades to overweight from neutral citing potential near-term catalysts in beef and chicken. Analyst Michael Lavery says Tyson “has strong top-line momentum with its portfolio benefitting from consumer shifts to more protein.”

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Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Gulf Funds Agree to Back Paramount's $81 Billion Takeover of Warner

- Netflix (NFLX) shares are up after Goldman Sachs upgraded the streaming-video company to buy from neutral.

- Neurocrine Biosciences agreed to buy Soleno Therapeutics for $2.9 billion to expand in rare genetic disorders. The biotechnology company will pay $53 per share for Soleno, a 34% premium to its closing share price Thursday, using cash on hand and some pre-payable debt. Both company boards have approved the transaction, which is expected to close within 90 days.

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Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Soleno Therapeutics (SLNO) shares gain as much as 32% in premarket trading on Monday after the Financial Times reports that Neurocrine is in advanced talks to buy the company in a deal that could value it in the low-to-mid $50s per share, or in the excess of $2.5 billion.

- Tyson Foods (TSN) shares rise 1.8% premarket as Piper Sandler upgrades to overweight from neutral citing potential near-term catalysts in beef and chicken.

- Applied Optoelectronics (AAOI) received a new $71 million order for 800G single-mode data center transceivers from a hyperscale customer.

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Earnings are still in focus with Constellation Brands, Levi Strauss, and Delta Airlines all reporting in the coming days.
Bloomberg's Nathan Hager previews the numbers with Tatiana Darie, Bloomberg Strategist for Markets Live.

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On this episode of Stock Movers:

- Nike (NKE) shares slid as much as 14%, to the lowest level since Feb. 2015, after the sportswear company forecast a revenue drop of as much as 4% for the fourth quarter, and warned sales declines could persist for the rest of this calendar year.

- Echostar (SATS) shares rose as much as 7.7% as SpaceX is said to target $2 trillion IPO valuation. 

- Lumentum Holdings (LITE) jumps 8.8%. Lumentum, fresh off a blockbuster first quarter during which the stock rose 84% and the company claimed a spot in the S&P 500, was up more than 11.7% at its intraday high. Lumentum has benefitted from an acceleration of hyperscaler capital spending

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On this episode of Stock Movers:

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

- SBA Communications (SBAC) shares jump as much as 18%, most intraday since 2008, after Bloomberg reports the tower operator is exploring options, including a potential sale, after receiving preliminary takeover interest.

- Shares of Blue Owl Capital (OWL) are moving lower after Blue Owl Credit Income Corp. disclosed a letter sent to its shareholders announcing redemptions in two of its private credit funds will be limited. Blue Owl said it will cap redemptions in its private-credit and technology-focused funds at 5% after receiving withdrawal requests totaling 21.9% in the former and 40.7% in the latter fund. Shares of Blue Owl Capital are down 7%, or 59c, to $8.13 in morning trading

- Tesla (TSLA) shares fell as much as 4.6% after the markets opened in New York, the biggest intraday drop in almost two months. The stock declined 15% this year through Wednesday’s close and has fallen 22% from a record high in December after the company posted one of its worst sales quarters in years, missing Wall Street’s expectations, as the carmaker struggles to turn around its core business and navigate an increasingly challenged electric-vehicle market

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Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Shares of Blue Owl Capital (OWL) are moving lower after Blue Owl Credit Income Corp. disclosed a letter sent to its shareholders announcing redemptions in two of its private credit funds will be limited. Blue Owl said it will cap redemptions in its private-credit and technology-focused funds at 5% after receiving withdrawal requests totaling 21.9% in the former and 40.7% in the latter fund. Shares of Blue Owl Capital are down 7%, or 59c, to $8.13 in morning trading.

- Globalstar (GSAT) shares rose in pre-market trading after a Financial Times report that Amazon.com Inc. is in talks to acquire the satellite provider. The deal would bolster Amazon’s effort to build its own satellite operation, the newspaper reported, citing unidentified people with knowledge of the discussions. The two sides remain in negotiations over some of the transaction’s complexity, the newspaper said.

- Tesla (TSLA) shares fell as much as 4.6% after the markets opened in New York, the biggest intraday drop in almost two months. The stock declined 15% this year through Wednesday’s close and has fallen 22% from a record high in December after the company posted one of its worst sales quarters in years, missing Wall Street’s expectations, as the carmaker struggles to turn around its core business and navigate an increasingly challenged electric-vehicle market.

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On this episode of Stock Movers:

- Penguin Solutions (PENG) shares rise. The company revised FY 2026 EPS and FY 2026 sales higher. Trading in the company's put options was triple the average. Trading volume was 14 times the average for this time of day.

- United Airlines (UAL) shares fall. TD Cowen analyst Thomas Fitzgerald cut the target on United Airlines Holdings Inc. to $120 from $140. Maintains buy rating. Airline stocks were falling amid renewed worries about rising fuel costs, and how that could eventually hurt travel demand.

- Blue Owl (OWL) shares slump. Blue Owl Capital said it will limit redemptions from two of its private credit funds after facing a surge in withdrawal requests.
The company’s peers Blackstone Inc., Apollo Global Management Inc., KKR & Co Inc., Ares Management Corp. all fell by around 3%. 

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On this episode of Stock Movers:

- Blue Owl (OWL) shares slump. Blue Owl Capital said it will limit redemptions from two of its private credit funds after facing a surge in withdrawal requests.
The company’s peers Blackstone Inc., Apollo Global Management Inc., KKR & Co Inc., Ares Management Corp. all fell by around 3%. 

- Tesla (TSLA) shares fall. Tesla Inc. posted one of its worst sales quarters in years, missing Wall Street’s expectations, as the carmaker struggles to turn around its core business and navigate an increasingly challenged electric-vehicle market.

- Chevron (CVX) shares are up. Shares in energy companies are rebounding after US President Donald Trump dashed the hopes that the war in Iran is nearing a swift resolution. Meanwhile, travel, mining, semiconductor and crypto stocks are falling as the conflict and higher energy prices weigh on investor sentiment.  

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Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- General Motors’ (GM) first-quarter sales fell by 9.7%, with its Cadillac Escalade and Chevrolet Suburban large SUVs tumbling by double digits. Sales in March were down 17%, the company said. 

- Globalstar (GSAT) shares rose in pre-market trading after a Financial Times report that Amazon.com Inc. is in talks to acquire the satellite provider. 

- Shares in airlines and cruise operators are slipping as the prospects of higher fuel prices weigh on sentiment

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Microsoft (MSFT) is in exclusive talks with Chevron (CVX) and investment fund Engine No. 1 over a long-term deal that would underpin a giant power plant in West Texas, providing electricity to a large data center campus. The proposed natural-gas fired power plant is projected to cost about $7 billion and initially generate 2,500 megawatts of electricity, making it one of the largest of its kind in the US, according to people familiar with the matter, who asked not to be identified because the talks are ongoing.
- TD Cowen analyst Thomas Fitzgerald cut the target on United Airlines Holdings (UAL) to $120 from $140. Maintains buy rating.
- Magnificent Seven stocks are falling, weighing on US stock futures, as President Donald Trump dashed hopes that war in the Middle East is nearing a swift resolution.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Stocks and bonds fell as oil surged anew after President Donald Trump pledged more aggressive action against Iran.
- Morgan Stanley cuts price targets for a number of airlines and downgrades Lufthansa to equal-weight on risk that fuel costs could prove materially higher-for-longer due to the conflict in the Middle East.
- Travel, mining and semiconductor stocks are falling as the conflict and higher energy prices weigh on investor sentiment. Fresnillo shares drop as much as 6.4%

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Stocks and bonds fell as oil surged anew after President Donald Trump pledged more aggressive action against Iran.
- Morgan Stanley cuts price targets for a number of airlines and downgrades Lufthansa to equal-weight on risk that fuel costs could prove materially higher-for-longer due to the conflict in the Middle East.
- One of Europe’s biggest airline groups kicked off the race for TAP SA, with Air France-KLM submitting the first known bid for a stake in the Portuguese flag carrier.

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Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Nike (NKE) shares slide as much as 14%, to the lowest level since Feb. 2015, after the sportswear company forecast a revenue drop of as much as 4% for the fourth quarter, and warned sales declines could persist for the rest of this calendar year.
- Intel (INTC) shares are up 9.8% on Wednesday, after the chipmaker agreed to pay $14.2 billion to buy back half of a plant in Ireland. D.A. Davidson wrote that the move bodes well for the company’s turnaround story.

- Shares of Eli Lilly (LLY) jump as much as 4.5% after the FDA approved the drugmaker’s obesity pill, Foundayo, under the agency’s National Priority Voucher pilot program. US-traded shares of rival Novo Nordisk fell as much as 2.6% after the approval

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On this episode of Stock Movers:

- Intel (INTC) shares are up 9.8% on Wednesday, after the chipmaker agreed to pay $14.2 billion to buy back half of a plant in Ireland. D.A. Davidson wrote that the move bodes well for the company’s turnaround story.
- Target Hospitality (TH) shares rise as much as 43%, the most intraday since April 2021, after the provider of workforce lodging and hospitality services secured a multi-year contract worth over $550 million to construct and provide comprehensive facility and hospitality services for a top-five hyperscaler’s data center development in North Texas.

- Nike (NKE) shares slide as much as 14%, to the lowest level since Feb. 2015, after the sportswear company forecast a revenue drop of as much as 4% for the fourth quarter, and warned sales declines could persist for the rest of this calendar year

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Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Nike (NKE) shares slide as much as 14%, to the lowest level since Feb. 2015, after the sportswear company forecast a revenue drop of as much as 4% for the fourth quarter, and warned sales declines could persist for the rest of this calendar year.

- Intel (INTC) shares are up 9.8% on Wednesday, after the chipmaker agreed to pay $14.2 billion to buy back half of a plant in Ireland. D.A. Davidson wrote that the move bodes well for the company’s turnaround story.

- Tesla (TSLA) likely delivered about 372,160 vehicles during the last three months, up about 11% from a year ago, but still among the lowest recent quarterly totals for the company. Slower sales are likely the new normal for Tesla as it pivots its focus to AI, autonomy and robotics amid weakening global EV demand and a US market that now lacks a federal tax incentive for plug-in cars. Shares rose as a result.

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On this episode of Stock Movers:

- Intel (INTC) shares jump. Intel Corp. agreed to pay $14.2 billion to buy back half of a plant in Ireland that it had previously sold to Apollo Global Management. The transaction will be financed with cash on hand and the issuance of about $6.5 billion in new debt, according to Intel.

- Boeing (BA) The Pentagon announced a partnership with Boeing and Lockheed Martin to triple the production capacity of seekers for the Patriot Advanced Capability-3 Missile Segment Enhancement, according to a statement.

- Nike (NKE) shares drop after the company announced a disappointing forecast, causing the company's shares to fall, and Chief Executive Officer Elliott Hill expressed frustration to staff.

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Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- RH shares plunge after the home furnishing company forecast revenue for the first quarter that missed the average analyst estimate. 

- Beyond Meat (BYND) forecast net revenue for the first quarter; the guidance missed the average analyst estimate.

- Tilray Brands (TLRY) reaffirmed its adjusted Ebitda guidance for the full year; the guidance beat the average analyst estimate.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Nike (NKE) shares tumbled after the retailer gave a surprisingly gloomy outlook for the year ahead, complicating Chief Executive Officer Elliott Hill’s efforts to turn around the business. Revenue is expected to decline 2% to 4% in the current quarter and will be down in the low single-digits for the rest of the calendar year, management told investors on an earnings call Tuesday evening. Analysts surveyed by Bloomberg had been looking for 2% sales growth this quarter and bigger gains as the year progressed.
- RH shares plunge after the upscale furnishing company forecast revenue for the first quarter that missed the average analyst estimate. Analysts say the forecast is pressured by execution and supply chain disruptions.
- Walt Disney (DIS) shares rises as Raymond James upgrades to outperform from market perform, citing an attractive entry point for the stock.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Rolls-Royce shares jump as much as 10%, the biggest gain in eight months.
-  Lufthansa is readying plans to ground planes in case demand drops because of the war in the Middle East. Europe’s biggest aviation group has assigned teams to develop crisis responses that differ in severity, Chief Executive Officer Carsten Spohr told employees Tuesday, according to a spokesman for Lufthansa.
- Berkeley shares plunged the most in almost 10 years after the UK housebuilder signaled smaller-than-anticipated earnings in the medium term, citing reduced potential for interest rate cuts on account of the Iran War.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Shell shares dip as much 2.4% amidst uncertainty in energy markets tied to the Middle East conflict.
-  Lufthansa is readying plans to ground planes in case demand drops because of the war in the Middle East. Europe’s biggest aviation group has assigned teams to develop crisis responses that differ in severity, Chief Executive Officer Carsten Spohr told employees Tuesday, according to a spokesman for Lufthansa.
- Berkeley shares plunged the most in almost 10 years after the UK housebuilder signaled smaller-than-anticipated earnings in the medium term, citing reduced potential for interest rate cuts on account of the Iran War.

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On this episode of Stock Movers:

- Nike (NKE) shares slipped despite reporting better-than-expected sales on concerns that the war in Iran could exacerbate weakness in the region that includes Europe and the Middle East and disrupt the sportswear company’s turnaround. Sales were $11.3 billion in the company’s fiscal third quarter, surpassing the average of estimates compiled by Bloomberg but flat from a year earlier. While performance in China improved, the Converse brand remained a problem area and the EMEA region, which also includes Africa, missed estimates.

- Airlines climb as much as: United +8.6%, Delta +6.7%, American +6.1%. The S&P Supercomposite Airlines Industry Index jumps as much as 6.6%, the most since Feb. 6. Jet fuel prices have soared during the war, prompting warnings from across Wall Street about the financial impact on carriers and pushing the airlines index into a bear market

- Biogen has agreed to acquire Apellis Pharmaceuticals Inc. for $5.6 billion, expanding its treatments in immunology and rare diseases in one of the company’s largest-ever acquisitions.The Cambridge, Massachusetts-based biotech company will pay $41 a share for Apellis, more than double its closing price on Monday, Biogen said in a statement, confirming a Bloomberg News report. Apellis’ (APLS) stock had declined 32% so far this year through Monday’s close. Apellis shares soared 135% to $40.23 on Tuesday in New York, their largest jump ever. Biogen shares closed down 2.3%.

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On this episode of Stock Movers:

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

- Marvell Technology (MRVL) shares soared in trading on Tuesday on news that Nvidia will take a $2 billion stake in it. Nvidia, which has made several billion-dollar investments in firms across the artificial intelligence supply chain in recent years, and Marvell also agreed to collaborate on the development of silicon photonics, which use light instead of traditional copper wiring to move data faster and more efficiently. And the companies will work together on ways to better leverage telecommunications networks for AI computing, according to a statement issued Tuesday.

- Delta Airlines (DAL) will use Amazon.com Inc.’s satellites to deliver in-flight Wi-Fi service, a big win for the e-commerce giant’s space business as it vies with Elon Musk’s Starlink for aviation customers. Delta agreed to install the Amazon Leo internet service on 500 aircraft starting in 2028, enabling faster and more reliable internet to support streaming video and messaging, according to a Tuesday announcement from the airline. Shares of Delta rallied.

- McCormick (MKC) shares slipped in trading on Tuesday as the spice company agreed to combine with Unilever’s Foods business in a deal valuing Unilever Foods at about $44.8 billion and at enterprise value for McCormick of about $21.0 billion.

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Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:
- Constellation Energy (CEG) shares fell as much as 9.3% after it gave an full-year earnings per share guidance that missed the average analyst estimate at the midpoint, and failed to advance details on data-center deals.

- Marvell Technology (MRVL) shares jumped as much as 11% in trading on Tuesday on news that Nvidia (NVDA) is taking a $2 billion stake in it. Nvidia, which has made several billion-dollar investments in firms across the artificial intelligence supply chain in recent years, and Marvell also agreed to collaborate on the development of silicon photonics, which use light instead of traditional copper wiring to move data faster and more efficiently. And the companies will work together on ways to better leverage telecommunications networks for AI computing, according to a statement issued Tuesday.

- Unilever (ULVR) shares fall as much as 7.3% in London to the lowest level since April 2024 after the Anglo-Dutch company confirmed a $44.8 billion deal to combine its food business with spice maker McCormick. Analysts at RBC Capital Markets said they are unimpressed by the deal. McCormick shares fell as much as 10% to the lowest since November 2017.

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On this episode of Stock Movers:

- Constellation Energy (CEG) shares fall after it gave an full-year earnings per share guidance that missed the average analyst estimate at the midpoint.

- McCormick (MKC) shares decline. Unilever Plc agreed to combine its food business with McCormick & Co. in a $44.8 billion deal that will create a global seasonings, sauces and condiments company. Under the agreement, McCormick will pay Unilever $15.7 billion and the equivalent of $29.1 billion McCormick shares for most of Unilever’s food business, leaving Unilever and its shareholders with 65% of the combined entity.

- Apellis Pharmaceuticals (APLS) shares gain after Biogen agreed to acquire Apellis for $5.6 billion, expanding its treatments in immunology and rare diseases. The acquisition will give Biogen two approved drugs, Syfovre and Empaveli, which treat immune disorders and rare diseases, including a leading cause of blindness and rare kidney diseases.

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On this episode of Stock Movers:

- Eli Lilly (LLY) shares gained. The company agreed to buy sleep drug maker Centessa Pharmaceuticals Plc in a deal worth up to $7.8 billion, a sign the weight-loss medication giant is looking to bulk up its treatment pipeline for other conditions.

- McCormick (MKC) shares rise. Unilever Plc agreed to combine its food business with spice maker McCormick & Co. in a $44.8 billion deal that will create a global seasonings, sauces and condiments company. Under the agreement, McCormick will pay the Anglo-Dutch company $15.7 billion and the equivalent of $29.1 billion McCormick shares for most of Unilever’s food business.

- Allbirds (BIRD) shares soar. American Exchange Group has agreed to buy all of the assets and intellectual property of once-buzzy footwear brand Allbirds Inc. for $39 million. The shoemaker said the deal, which is expected to close in the second quarter, still needs shareholder approval. A distribution of net proceeds to stockholders is expected in the third quarter.

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Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Biogen (BIIB) has agreed to acquire Apellis Pharmaceuticals Inc. for $5.6 billion, expanding its treatments in immunology and rare diseases in one of the company’s largest-ever acquisitions. The Cambridge, Massachusetts-based biotech company will pay $41 a share for Apellis, or more than double the company’s closing price on Monday. Apellis’ stock has declined 32% so far this year.

- Eli Lilly (LLY) agreed to buy sleep drug maker Centessa Pharmaceuticals Plc in a deal worth up to $7.8 billion, a sign the weight-loss medication giant is looking to bulk up its treatment pipeline for other conditions.
Lilly will pay $38 a share for Centessa plus a further $9 a share if three milestone targets are met, according to a statement Tuesday. The total represents a 70% premium to Monday’s close. The upfront payment represents an equity value of about $6.3 billion, with potential additional payments of about $1.5 billion.

- Nvidia (NVDA) said it has invested $2 billion in Marvell Technology (MRVL) as part of an agreement to collaborate on silicon photonics technology, an effort to make AI services more affordable amid historic investments in the new technology.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Lilly (LLY) to buy Centessa Pharmaceuticals for $38/share in cash plus one non-transferrable contingent value right that entitles the holder to get up to an aggregate of $9 subject to the achievement of three milestones.
- Biogen (BIIB) has agreed to acquire Apellis Pharmaceuticals Inc. for $5.6 billion, expanding its treatments in immunology and rare diseases in one of the company’s largest-ever acquisitions.The Cambridge, Massachusetts-based biotech company will pay $41 a share for Apellis, or more than double the company’s closing price on Monday. Apellis’ stock has declined 32% so far this year.
- Unilever (ULVR) said talks to sell most of its food business to McCormick (MKC) are advanced and a final deal could be announced later on Tuesday in a historic move that will transform both companies.The Anglo-Dutch maker of Hellmann’s mayonnaise will offload most of its food unit, excluding some parts like its operations in India, for $15.7 billion cash upfront and the rest in McCormick equity, according to a statement Tuesday.

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On this episode of Stock Movers:
- LVMH, SAP, and Novo Nordisk have slumped by about 30% so far this year, making up about 53% of the total market capitalization shed by constituents of the Stoxx Europe 600 index.
- Future slumps as much as 30%, to the lowest since October 2017, after what JPMorgan describes as a weak first-half trading update, showing impact from pressure on high-margin programmatic advertising and e-commerce revenue, and pay-per-click cost inflation.
- Dermapharm shares fall 4.8% after the company announced full year results. Dermapharm forecast adjusted Ebitda for 2026 of EU331 million to EU341 million.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- LVMH, SAP, and Novo Nordisk have slumped by about 30% so far this year, making up about 53% of the total market capitalization shed by constituents of the Stoxx Europe 600 index.
- Future slumps as much as 30%, to the lowest since October 2017, after what JPMorgan describes as a weak first-half trading update, showing impact from pressure on high-margin programmatic advertising and e-commerce revenue, and pay-per-click cost inflation.
- Mundys is close to unveiling a plan to increase its stake in Channel Tunnel operator Getlink SE, people with knowledge of the matter said, in a move aimed at deepening the Italian infrastructure group’s investments in France. Shares in Getlink have risen 12.5% over the last 12 months, giving the company a market value of about €9.9 billion ($11.3 billion).

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On this episode of Stock Movers:
- Shares of security software companies are rising on Monday, with the group rebounding in the wake of recent weakness, which had been spurred by concerns over AI-related disruption. The Global X Cybersecurity ETF rose 2.4%. Palo Alto Networks shares were leading the S&P 500 higher on Monday, while shares of fellow cybersecurity companies were seeing strong rallies as well. A few factors may help explain the big moves.

- Sysco (SYY) shares sink as much as 14%, the most intraday since April 2020, after the food and related products distributor agreed to acquire Jetro Restaurant Depot for $21.6 billion in cash and 91.5 million Sysco shares.

- Shares of Fannie Mae (FNMA) and Freddie Mac (FMCC) surged by more than 30% each on Monday after Bill Ackman called both stocks “stupidly cheap,” the billionaire’s latest bullish bet on the U.S.-controlled mortgage giants he’s lobbied to have relisted on the public markets, as the Trump administration considers plans.

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On this episode of Stock Movers:

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

- Boston Scientific (BSX) shares tumble as much as 11%, the most intraday since February 4, after results from the medical device maker’s trial of the Watchman heart implant fell short of investor expectations. Leerink Partners says the data is “not the home-run scenario” that bulls wanted.

- Alcoa (AA), Century Aluminum (CENX), and other mining stocks were jumping on Monday, after Iran targeted two major Middle Eastern aluminum producers over the weekend.Alcoa was up 10% to $64.31 in midday trading. Century Aluminum, jumped 7.7%, while Kaiser Aluminum was up 1.5%.

- Shares of Fannie Mae (FNMA) and Freddie Mac (FMCC) surged by more than 30% each on Monday after Bill Ackman called both stocks “stupidly cheap,” the billionaire’s latest bullish bet on the U.S.-controlled mortgage giants he’s lobbied to have relisted on the public markets, as the Trump administration considers plans.

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On this episode of Stock Movers:

- Boston Scientific (BSX) shares tumble as much as 11%, the most intraday since February 4, after results from the medical device maker’s trial of the Watchman heart implant fell short of investor expectations. Leerink Partners says the data is “not the home-run scenario” that bulls wanted.

- Sysco (SYY) shares sink as much as 14%, the most intraday since April 2020, after the food and related products distributor agreed to acquire Jetro Restaurant Depot for $21.6 billion in cash and 91.5 million Sysco shares.

- Shares of Fannie Mae (FNMA) and Freddie Mac (FMCC) surged by more than 30% each on Monday after Bill Ackman called both stocks “stupidly cheap,” the billionaire’s latest bullish bet on the U.S.-controlled mortgage giants he’s lobbied to have relisted on the public markets, as the Trump administration considers plans.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

- Expedia (EXPE) gains and Instacart rises. Jefferies upgraded both to buy, saying a pullback in internet stocks on concerns about artificial intelligence disruptions has created buying opportunities.

- Sysco (SYY) falls after the US food distributor agreed to buy privately held Jetro Restaurant Depot LLC for $29.1 billion including debt.

- Viridian Therapeutics (VRDN) tumbles 40% after announcing topline results from a clinical trial in active thyroid eye disease.

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