On this episode of Stock Movers:
- Alphabet (GOOG) shares rose more than 2% in postmarket trading after The Information reported Meta Platforms is in talks to spend billions of dollars to use Google’s AI-focused chips, known as TPUs, in their own data centers and also rent the chips from Google Cloud, citing a person familiar.
- Nvidia (NVDA) shares fell on a report that Meta Platforms Inc. is in talks to spend billions on Google’s AI chips, suggesting the internet search leader is making headway in efforts to rival the industry’s bestselling AI accelerator.
- Alibaba Group (BABA) posted better-than-projected 34% growth in its pivotal cloud business, highlighting the enormous demand for computing during China’s AI boom.

On this episode of Stock Movers: - Alphabet (GOOG) shares rose more than 2% in postmarket trading after The Information reported Meta Platforms is in talks to spend billions of dollars to use Google&rsquo;s AI-focused chips, known as TPUs, in their own data centers and also rent the chips from Google Cloud, citing a person familiar. - Nvidia (NVDA) shares fell on a report that Meta Platforms Inc. is in talks to spend billions on Google&rsquo;s AI chips, suggesting the internet search leader is making headway in efforts to rival the industry&rsquo;s bestselling AI accelerator. - Alibaba Group (BABA) posted better-than-projected 34% growth in its pivotal cloud business, highlighting the enormous demand for computing during China&rsquo;s AI boom.

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.

Listen for five-minute conversations on today's biggest winners and losers in the stock market.&nbsp;
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.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Alphabet Shares Climb; Nvidia Shares Drop; Alibaba Earnings Beat; 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7643d96b-731d-4d86-a60f-b3a000c65b92/transcript

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Volkswagen shares gain as much as 9.7%, the biggest intraday move since March 2023, after the carmaker’s supervisory board backed a sweeping restructuring that includes 50,000 additional job cuts. Analysts say the plan is necessary for the company to remain competitive, while cautioning that execution will be key.
- Morgan Stanley analysts increase their price targets on truck stocks under their coverage amid continued strong global demand, but say the sector’s rally this year means the risk-reward is “considerably less attractive.” Daimler Truck is downgraded to equal-weight from overweight, removing their only buy-equivalent rating.
- Navitas Petroleum and Rockhopper Exploration are trading lower today as tensions around the Falklands Islands rise and Argentina targets their Sea Lion project. The South American country said it will speed up sanctions against companies working around the islands without its approval.

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Volkswagen shares gain as much as 9.7%, the biggest intraday move since March 2023, after the carmaker&rsquo;s supervisory board backed a sweeping restructuring that includes 50,000 additional job cuts. Analysts say the plan is necessary for the company to remain competitive, while cautioning that execution will be key. - Morgan Stanley analysts increase their price targets on truck stocks under their coverage amid continued strong global demand, but say the sector&rsquo;s rally this year means the risk-reward is &ldquo;considerably less attractive.&rdquo; Daimler Truck is downgraded to equal-weight from overweight, removing their only buy-equivalent rating. - Navitas Petroleum and Rockhopper Exploration are trading lower today as tensions around the Falklands Islands rise and Argentina targets their Sea Lion project. The South American country said it will speed up sanctions against companies working around the islands without its approval.

Volkswagen Jumps, Daimler Truck Cut, Rockhopper Exploration Dips 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/423b48a5-11b4-40b9-94bc-b4bb008c559b/transcript

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Softbank is celebrating OpenAI's new model, which is also boosting Kioxia and SK Hynix with it. 
- China's good services PMI is lifting big e-commerce names such as Alibaba and Meituan. 
- Sung Hung Kai and other Hong Kong property names are getting a lift from Fed Governor Christopher Waller's commentary on rates. 

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Softbank is celebrating OpenAI's new model, which is also boosting Kioxia and SK Hynix with it. - China's good services PMI is lifting big e-commerce names such as Alibaba and Meituan. - Sung Hung Kai and other Hong Kong property names are getting a lift from Fed Governor Christopher Waller's commentary on rates.

Softbank Rises, Alibaba Gains, Sung Hung Kai Up 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/2de54605-2a03-4605-a480-b4bb006f62b0/transcript

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

On this episode of Stock Movers:

- Lululemon (LULU) lowered its full-year outlook for a second straight quarter, signaling deep challenges for incoming Chief Executive Officer Heidi O’Neill. Sales are now projected to be in a range of $10.35 billion to $10.5 billion in the current fiscal year that ends in early 2027. That’s down from June’s annual forecast, which was itself reduced from the previous view. The company also trimmed its outlook for earnings per share. The stock fell 18% at 6:03 p.m. in extended trading in New York. Lululemon shares have declined more than 40% this year through Thursday’s close, and their value is less than a quarter of their peak in late 2023.

- Adobe (ADBE) named Anil Chakravarthy, the leader of its marketing and analytics software business, as its next chief executive officer, thrusting the company veteran into a challenging competition with artificial intelligence upstarts. The shares declined in extended trading after the CEO transition and Wadhwani’s departure were announced. Investors have steadily soured on the company over AI disruption fears, with its stock down 52% since the beginning of 2024.

- DocuSign (DOCU) shares rallied in extended trading, after the e-signature software company reported second-quarter results that beat expectations and raised its full-year forecast on key metrics.

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Lululemon (LULU) lowered its full-year outlook for a second straight quarter, signaling deep challenges for incoming Chief Executive Officer Heidi O&rsquo;Neill. Sales are now projected to be in a range of $10.35 billion to $10.5 billion in the current fiscal year that ends in early 2027. That&rsquo;s down from June&rsquo;s annual forecast, which was itself reduced from the previous view. The company also trimmed its outlook for earnings per share. The stock fell 18% at 6:03 p.m. in extended trading in New York. Lululemon shares have declined more than 40% this year through Thursday&rsquo;s close, and their value is less than a quarter of their peak in late 2023. - Adobe (ADBE) named Anil Chakravarthy, the leader of its marketing and analytics software business, as its next chief executive officer, thrusting the company veteran into a challenging competition with artificial intelligence upstarts. The shares declined in extended trading after the CEO transition and Wadhwani&rsquo;s departure were announced. Investors have steadily soured on the company over AI disruption fears, with its stock down 52% since the beginning of 2024. - DocuSign (DOCU) shares rallied in extended trading, after the e-signature software company reported second-quarter results that beat expectations and raised its full-year forecast on key metrics.

Lululemon Sinks After Slashing Outlook, Adobe Declines, DocuSign Gains 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5aa532eb-80f8-4402-9e13-b4ba017d993e/transcript

Alphabet Shares Climb; Nvidia Shares Drop; Alibaba Earnings Beat;

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