On this episode of Stock Movers:

- Amazon.com Inc. (AMZN) is down after the company announced plans to spend $200 billion this year on data centers, chips and other equipment, worrying investors that its colossal bet on artificial intelligence may not pay off in the long run.

- Stellantis (STLA) is taking more than €22 billion ($26 billion) in charges mainly linked to reversing course on its electric vehicle strategy, prompting a record plunge in the Jeep and Fiat owner’s shares.

- Software stocks ETF (IGV) bounces. An exchange-traded fund tracking software makers rebounded, while still heading toward its worst week since October 2008.

On this episode of Stock Movers: - Amazon.com Inc. (AMZN) is down after the company announced plans to spend $200 billion this year on data centers, chips and other equipment, worrying investors that its colossal bet on artificial intelligence may not pay off in the long run. - Stellantis (STLA) is taking more than &euro;22 billion ($26 billion) in charges mainly linked to reversing course on its electric vehicle strategy, prompting a record plunge in the Jeep and Fiat owner&rsquo;s shares. - Software stocks ETF (IGV) bounces. An exchange-traded fund tracking software makers rebounded, while still heading toward its worst week since October 2008.

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

Amazon Drops, Stellantis Falls, Software Stocks ETF Bounces After 8 Day Slump

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Earnings are in focus with Palo Alto Networks, Broadcom, and Lululemon reporting in the coming days.

Bloomberg’s Nathan Hager previews what to expect from these companies in the week ahead with Matthew Griffin, Bloomberg Equities Reporter.

Earnings are in focus with Palo Alto Networks, Broadcom, and Lululemon reporting in the coming days. Bloomberg&rsquo;s Nathan Hager previews what to expect from these companies in the week ahead with Matthew Griffin, Bloomberg Equities Reporter.

 Week Ahead: Palo Alto Networks, Broadcom, Lululemon (Podcast)

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Bloomberg Money is a new, weekly podcast focused on YOUR money. Listen for wealth strategies, retirement tips and a personal finance insights. Join Tom Keene and Scarlet Fu for new episodes every Friday.   

Listen on Apple:  https://podcasts.apple.com/us/podcast/bloomberg-money/id6803227140     
Listen on Spotify:  https://open.spotify.com/show/3lvzLLAZMdrxTB6y68Nb5g

Bloomberg Money is a new, weekly podcast focused on YOUR money. Listen for wealth strategies, retirement tips and a personal finance insights. Join Tom Keene and Scarlet Fu for new episodes every Friday.&nbsp; &nbsp; Listen on Apple: &nbsp;<a href="https://podcasts.apple.com/us/podcast/bloomberg-money/id6803227140">https://podcasts.apple.com/us/podcast/bloomberg-money/id6803227140</a>&nbsp; &nbsp; &nbsp; Listen on Spotify: &nbsp;<a href="https://open.spotify.com/show/3lvzLLAZMdrxTB6y68Nb5g">https://open.spotify.com/show/3lvzLLAZMdrxTB6y68Nb5g</a>

Introducing: Bloomberg Money

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Today's biggest winners and losers in the stock market.
 
On this episode of Stock Movers, we take a look at some of the biggest gainers and decliners from this past week:

- Nvidia (NVDA) projected sales growth of 70% for the next fiscal year, far outstripping the average analyst estimate of 45%. The company added about $442 billion in market value, after Chief Financial Officer Colette Kress said Nvidia would be growing even faster if it had access to more supplies. Nvidia's upbeat outlook offered relief to investors concerned about a bubble in the AI economy, with Chief Executive Officer Jensen Huang saying demand is only accelerating and the company's latest chip line, Vera Rubin, was built to power the current moment.

- Shares of Paypal (PYPL) plummeted ahead of the close after a consortium of buyout firm Advent and payment processor Stripe decided to abandon its pursuit of fintech pioneer. The deal would have ranked as one of the biggest-ever leveraged buyouts, according to people familiar with the matter. PayPal shares dropped as much as 14.4% at the start of trading in New York on Friday, its steepest decline since February.

- Salesforce (CRM) jumped the most in six years after giving an outlook for strong revenue expansion and deepening its partnership with Anthropic PBC. The company expects revenue to accelerate in the second half of the year, with sales of about $11.5 billion in the fiscal third quarter, and current remaining performance obligations increasing about 14%. Salesforce announced an expanded partnership with Anthropic, integrating its products within the AI model Claude, and reported that its AI tool Agentforce is on track to contribute about $1.5 billion in revenue this year.

Today's biggest winners and losers in the stock market. &nbsp; On this episode of Stock Movers, we take a look at some of the biggest gainers and decliners from this past week: - Nvidia (NVDA) projected sales growth of 70% for the next fiscal year, far outstripping the average analyst estimate of 45%. The company added about $442 billion in market value, after Chief Financial Officer Colette Kress said Nvidia would be growing even faster if it had access to more supplies. Nvidia's upbeat outlook offered relief to investors concerned about a bubble in the AI economy, with Chief Executive Officer Jensen Huang saying demand is only accelerating and the company's latest chip line, Vera Rubin, was built to power the current moment. - Shares of Paypal (PYPL) plummeted ahead of the close after a consortium of buyout firm Advent and payment processor Stripe decided to abandon its pursuit of fintech pioneer. The deal would have ranked as one of the biggest-ever leveraged buyouts, according to people familiar with the matter. PayPal shares dropped as much as 14.4% at the start of trading in New York on Friday, its steepest decline since February. - Salesforce (CRM) jumped the most in six years after giving an outlook for strong revenue expansion and deepening its partnership with Anthropic PBC. The company expects revenue to accelerate in the second half of the year, with sales of about $11.5 billion in the fiscal third quarter, and current remaining performance obligations increasing about 14%. Salesforce announced an expanded partnership with Anthropic, integrating its products within the AI model Claude, and reported that its AI tool Agentforce is on track to contribute about $1.5 billion in revenue this year.

Weekly Roundup: Nvidia Reported, PayPal Plummeted, Salesforce Jumped

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Amazon Drops, Stellantis Falls, Software Stocks ETF Bounces After 8 Day Slump

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