2929 episodes
- Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Gap (GAP) shares jumped after naming a retail industry veteran to head Old Navy and profit outpaced estimates, offsetting a sales decline at the value chain and lower sales guidance.
- Apple's (AAPL) Tim Cook handed over the reins to John Ternus on Tuesday, capping a tenure as chief executive officer that cemented the company as an iconic global brand and turned its stock into one of the most reliable bets.
- Shein Global Holdings’ shares long-awaited market debut has come at an awkward time: the fast-fashion retailer’s peak growth years are behind it just as tariffs, regulatory pressure and intensifying competition are making its next phase harder.
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Medtronic (MDT) announced a binding agreement with Cornerstone Robotics valued at ~$700m, granting Medtronic rights to distribute Cornerstone’s Sentire surgical system in select markets outside the US.
- Fervo Energy (FRVO) energy shares jump 15% ahead of the bell after WSJ says the company has signed a “major deal” to sell power to Alphabet’s Google from a Utah project that it plans to turn into the “world’s largest enhanced geothermal facility.”
- Shares of Micron Technology (MU) dip after the Taipei-based Liberty Times reported that Micron will deliver its highest incentive pay plan to its Taiwan-based employees in response to a potential strike by its labor union.
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Reckitt Benckiser Group Plc shares rebounded after a US jury sided with the company in a bellwether trial among a group of cases alleging that formula for premature babies is linked to a deadly bowel disease.
- Veritas Capital agreed to buy Bodycote Plc for around £1.65 billion ($2.2 billion), after raising its bid to trump CVC Advisers Ltd.
- Elliott Investment Management has taken a stake in Air Liquide SA, pushing the industrial gas supplier to improve margins, according to people familiar with the matter.
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Shell Plc trading volume jumped to more than seven times the 20-day average for this time of day.
- Private equity firm Epiris has agreed to buy Gamma Communications Plc for about £1 billion ($1.4 billion), following a months-long takeover saga for the European enterprise communications provider.
- CVC Advisers is considering its position regarding Bodycote after the firm intention announcement made by Veritas, according to a statement.
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Shares in Minimax, one of the listed LLM players in the video space, are up as much as 5% on strong demand for AI short videos in China.
- Nvidia Corp.’s $3.5 billion outlay in MediaTek Inc., its largest direct investment outside the US, has thrust a little-known Taiwanese chip designer into the center of the global AI infrastructure boom.Taipei-listed MediaTek gained 10% or $20 billion of market value Tuesday after Nvidia agreed to buy bonds convertible into MediaTek shares.
- Shein Global Holdings Ltd. struggled in its Hong Kong debut after a years-long process to an initial public offering that eventually valued the company at a fraction of what it was once worth and still left investors questioning its value as consumer play.
See omnystudio.com/listener for privacy information.
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About Stock Movers
Listen for five-minute conversations on today's biggest winners and losers in the stock market.
Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.
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