On this episode of Stock Movers:
- Amazon (AMZN) shares rise. Amazon.com Inc. surpassed $3 trillion in market value for the first time, becoming only the fifth company to ever reach the milestone. The average analyst price target calls for the stock to rise about 14% over the year from where it currently trades, according to data compiled by Bloomberg.
- AMC Entertainment (AMC) shares jump as much as 7.5% Monday after the cinema theater operator said it generated its highest-ever total weekend revenue — including records for admissions and food & beverage — driven by the opening of Spider-Man: Brand New Day, which grossed $355m domestically and $927m globally.
- Marriott International (MAR) shares slide. The hotel operator gave a downbeat profit forecast for its third quarter and said it now anticipates net room growth for the full year at the low end of its previous 4.5%-to-5% guidance range.

On this episode of Stock Movers: - Amazon (AMZN) shares rise. Amazon.com Inc. surpassed $3 trillion in market value for the first time, becoming only the fifth company to ever reach the milestone. The average analyst price target calls for the stock to rise about 14% over the year from where it currently trades, according to data compiled by Bloomberg. - AMC Entertainment (AMC) shares jump as much as 7.5% Monday after the cinema theater operator said it generated its highest-ever total weekend revenue &mdash; including records for admissions and food &amp; beverage &mdash; driven by the opening of Spider-Man: Brand New Day, which grossed $355m domestically and $927m globally. - Marriott International (MAR) shares slide. The hotel operator gave a downbeat profit forecast for its third quarter and said it now anticipates net room growth for the full year at the low end of its previous 4.5%-to-5% guidance range.

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 Rises, AMC Jumps, Marriott Falls on 3Q Guide Miss, Year Room Growth Tweak

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/9884d07e-7217-4c8a-a50e-b49b00eb318d/transcript

On this episode of Stock Movers:

- Palantir Technologies (PLTR) raised revenue and income forecasts for the full year after posting second-quarter sales that far exceeded Wall Street’s estimates, describing commercial demand as “otherworldly.” Palantir now expects $4.89 billion to $4.91 billion in adjusted income from operations and projects as much as $8.16 billion in sales for the full year. Palantir Chief Executive Officer Alex Karp said US commercial sales in the second quarter were “staggering,” rising 149% from a year earlier to $764 million.

- On Semiconducter's (ON) shares rose after it beat analysts' expectations for earnings and revenue in its second fiscal quarter. The company reported $1.604 billion in revenue and earnings of 74 cents a share, and raised guidance on revenue from sales to artificial intelligence data centers

- Snap (SNAP) posted higher-than-projected quarterly sales and gave an upbeat forecast for the current period. Revenue jumped 19% to $1.6 billion for the quarter ended June 30, beating analysts’ average estimate of $1.54 billion. Snap projected third-quarter sales of as much as $1.74 billion, topping projections for $1.70 billion, according to data compiled by Bloomberg.

On this episode of Stock Movers:
- Palantir Technologies (PLTR) raised revenue and income forecasts for the full year after posting second-quarter sales that far exceeded Wall Street&rsquo;s estimates, describing commercial demand as &ldquo;otherworldly.&rdquo; Palantir now expects $4.89 billion to $4.91 billion in adjusted income from operations and projects as much as $8.16 billion in sales for the full year. Palantir Chief Executive Officer Alex Karp said US commercial sales in the second quarter were &ldquo;staggering,&rdquo; rising 149% from a year earlier to $764 million.
- On Semiconducter's (ON) shares rose after it beat analysts' expectations for earnings and revenue in its second fiscal quarter. The company reported $1.604 billion in revenue and earnings of 74 cents a share, and raised guidance on revenue from sales to artificial intelligence data centers
- Snap (SNAP) posted higher-than-projected quarterly sales and gave an upbeat forecast for the current period. Revenue jumped 19% to $1.6 billion for the quarter ended June 30, beating analysts&rsquo; average estimate of $1.54 billion. Snap projected third-quarter sales of as much as $1.74 billion, topping projections for $1.70 billion, according to data compiled by Bloomberg.

Palantir Lifts, On Semiconductor Mixed, Snap Rises

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3842cbfa-e54d-41a2-8d4a-b49b016081df/transcript

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, Carol Massar and Tim Stenovec.

- Amazon (AMZN) surpassed $3 trillion in market value for the first time, becoming only the fifth company to ever reach the milestone. The e-commerce and cloud-computing company’s shares traded higher on Monday, adding to the raucous rally last week following second-quarter earnings that showed accelerating cloud-computing revenue. Amazon joins Nvidia, Alphabet, Microsoft and Apple as the only companies that have reached that size.

- Boeing (BA) received sign off for the 737 Max 7 from the Federal Aviation Administration, ending a drawn-out certification process that was upended by two fatal crashes and quality lapses at the US planemaker. The FAA issued an amended type certificate for the Max 7 following almost a decade of review, the regulator said in a statement Monday. The Max 7 has been predominantly ordered by Southwest Airlines Co. and Boeing has 282 unfilled orders for the Max 7, according to its website. Shares of Boeing rallied in trading on Monday. 

- Palantir (PLTR) raised its sales and income forecasts for the full year after posting second-quarter sales that far exceeded Wall Street’s estimates. Palantir now expects $4.89 billion to $4.91 billion in adjusted income from operations, up from $4.45 billion at the top end of the range previously. The software developer also raised its full-year revenue outlook, projecting as much as $8.16 billion in sales, above analysts’ estimates of roughly $7.7 billion on average. Shares gained in late trading immediately following the results.

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, Carol Massar and Tim Stenovec.
- Amazon (AMZN) surpassed $3 trillion in market value for the first time, becoming only the fifth company to ever reach the milestone. The e-commerce and cloud-computing company&rsquo;s shares traded higher on Monday, adding to the raucous rally last week following second-quarter earnings that showed accelerating cloud-computing revenue. Amazon joins Nvidia, Alphabet, Microsoft and Apple as the only companies that have reached that size.
- Boeing (BA) received sign off for the 737 Max 7 from the Federal Aviation Administration, ending a drawn-out certification process that was upended by two fatal crashes and quality lapses at the US planemaker. The FAA issued an amended type certificate for the Max 7 following almost a decade of review, the regulator said in a statement Monday. The Max 7 has been predominantly ordered by Southwest Airlines Co. and Boeing has 282 unfilled orders for the Max 7, according to its website. Shares of Boeing rallied in trading on Monday.&nbsp;
- Palantir (PLTR) raised its sales and income forecasts for the full year after posting second-quarter sales that far exceeded Wall Street&rsquo;s estimates. Palantir now expects $4.89 billion to $4.91 billion in adjusted income from operations, up from $4.45 billion at the top end of the range previously. The software developer also raised its full-year revenue outlook, projecting as much as $8.16 billion in sales, above analysts&rsquo; estimates of roughly $7.7 billion on average. Shares gained in late trading immediately following the results.

Closing Bell: Amazon Reaches $3T in Market Value, Boeing Rises, Palantir Earnings

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/767cf431-8a85-4491-ba29-b49b014e90af/transcript

On this episode of Stock Movers:
-SpaceX (SPCX) shares rise ahead of the company's first ever earnings report. As Tesla and SpaceX increasingly share technology — from Starlink and artificial intelligence to semiconductor manufacturing and robotics — investors are asking whether the relationship could extend beyond engineering and into the boardroom.
-Seagate (STX) shares are down. CEO Dave Mosley said building new factories would "take too long" during a presentation at the JPMorgan Global Technology, Media and Communications Conference.
-Marriott International (MAR) shares slide. The hotel operator gave a downbeat profit forecast for its third quarter and said it now anticipates net room growth for the full year at the low end of its previous 4.5%-to-5% guidance range.

On this episode of Stock Movers: -SpaceX (SPCX) shares rise ahead of the company's first ever earnings report. As Tesla and SpaceX increasingly share technology &mdash; from Starlink and artificial intelligence to semiconductor manufacturing and robotics &mdash; investors are asking whether the relationship could extend beyond engineering and into the boardroom. -Seagate (STX) shares are down. CEO Dave Mosley said building new factories would "take too long" during a presentation at the JPMorgan Global Technology, Media and Communications Conference. -Marriott International (MAR) shares slide. The hotel operator gave a downbeat profit forecast for its third quarter and said it now anticipates net room growth for the full year at the low end of its previous 4.5%-to-5% guidance range.

SpaceX Rises, Seagate Drops, Marriott Slides on Earnings Miss

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3c61e002-3ace-4ef7-be14-b49b00fa436d/transcript

Amazon Rises, AMC Jumps, Marriott Falls on 3Q Guide Miss, Year Room Growth Tweak

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