Stock Movers

On this episode of Stock Movers:- US defense stocks advance in premarket trading on Thursday after President Donald Trump said he wants to increase the country’s military budget by about 50% to $1.5 trillion in 2027. - China plans to approve some imports of Nvidia's (NVDA) H200 chips as soon as this quarter, according to people familiar with the situation, giving the company renewed access to a critical market. Chinese officials are preparing to allow local companies to buy the component from Nvidia for select commercial use, said the people, who asked not to be identified because the deliberations are private.- Constellation Brands shares are up after the maker of Modelo Especial and Corona reported comparable EPS and net sales for the third quarter that beat consensus and reaffirmed its full-year forecast.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- BAE Systems rises as much as 6.9%, leading a broad rally in defense shares after President Donald Trump said on Wednesday he will request an increase in the US military budget.- Adecco shares fall 7.1% after Jefferies downgrade - Associated British Foods shares drop as much as 12% to a nine-month low after the group warned its profit will be lower than expected this fiscal year due to weaker Primark sales and a mixed performance in its food business.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Jefferies Financial Group Inc. posted a drop in quarterly profit due to a $30 million pre-tax loss tied to the collapse of auto-parts supplier First Brands Group. Net earnings for the fiscal fourth quarter declined 7.2% from a year earlier to $191 million, despite a comeback in dealmaking and trading activity.- AbbVie Inc. said it’s not in talks to acquire the cancer-focused biotech company Revolution Medicines. Revolution’s shares fell 12% after markets closed in New York, after surging 32% following the Wall Street Journal report that cited people familiar with the talks. A representative for Revolution declined to comment.- President Trump says Raytheon (RTX) has been the “least responsive” to the needs of the Department of Defense. Shares of RTX as well as rival defense firms Northrop Grumman Corp., Lockheed Martin Corp. and General Dynamics Corp. declined during regular trading after Trump’s earlier comments.See omnystudio.com/listener for privacy information.

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.- Intel (INTC) shares climb as much as 11% on Wednesday, to hit its highest level since April 2024, as the chipmaker extends gains for a second quarter. The stock, which recorded its biggest intraday jump since September, is the biggest percentage gainer in the S&P 500 Index- Blackstone (BX) falls as much as 9.3% after US President Donald Trump said he was “immediately taking steps to ban large institutional investors from buying more single-family homes.” Home rental company American Homes 4 Rent (AMH) falls 6.3% and Invitation Homes (INVH) drops 6.2%.- President Donald Trump pledged to block dividends, stock buybacks and "Over Compensation of Executives" of defense companies until they speed up production and maintenance of military equipment. Shares of defense contractors such as Lockheed Martin (LMT) and Northrop Grumman (NOC) dropped after Trump's announcement, with Lockheed's stock closing down 4.8% and Northrop shedding 5.5%.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Shares in Michael Saylor’s Strategy Inc. climbed as much as 6.1% on Wednesday after MSCI decided for now to keep digital asset treasury companies in its stock market indexes. - Shares of Blackstone (BX) and other housing-related companies fell after President Donald Trump said he would move to ban institutional investors from buying single-family homes. Trump said he was "immediately taking steps to ban large institutional investors from buying more single-family homes" in a push toward promoting housing affordability. The S&P 1500 Homebuilding Index slid as much as 2.3%, with 15 of 18 members trading lower, after Trump's announcement.- Lockheed Martin quickly erases gains and falls as much as 2.3% after President Donald Trump says he will not “permit Dividends or Stock Buybacks for Defense Companies,” until problems are rectified including pay, production of equipment, plants.See omnystudio.com/listener for privacy information.