On this episode of Stock Movers:
- Amazon (AMZN) shares rise. The company is now offering same-day grocery delivery in more than 1,000 cities and plans to bring the service to over 2,300 more by the end of the year, marking a major expansion as demand for food deliveries has remained resilient.
- Cava Group (CAVA) shares plunge after the company trimmed its annual sales guidance, citing slower quarterly sales growth. The company now forecasts sales at established locations to expand at most 6% this year, down from a previous forecast of as much as 8%.
- Capri Holdings (CPRI) rises as JPMorgan raised the Michael Kors owner to overweight from neutral, saying fewer markdowns and tariff mitigation measures are set to boost earnings.

On this episode of Stock Movers: - Amazon (AMZN) shares rise. The company is now offering same-day grocery delivery in more than 1,000 cities and plans to bring the service to over 2,300 more by the end of the year, marking a major expansion as demand for food deliveries has remained resilient. - Cava Group (CAVA) shares plunge after the company trimmed its annual sales guidance, citing slower quarterly sales growth. The company now forecasts sales at established locations to expand at most 6% this year, down from a previous forecast of as much as 8%. - Capri Holdings (CPRI) rises as JPMorgan raised the Michael Kors owner to overweight from neutral, saying fewer markdowns and tariff mitigation measures are set to boost earnings.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

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

Stock Movers

Amazon Rises, Cava Group Plunges, Capri Holdings Jumps on JPMorgan Rating

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/072055e6-d3f8-4e81-a14e-b33800fb9481/transcript

On this episode of Stock Movers:

- Meta (META) closed 1.1% higher on a deal to buy Manus, a popular Singapore-based artificial intelligence agent with Chinese roots, in its effort to build a business around its massive AI investment. The deal values Manus at more than $2 billion, according to people familiar with the matter. It marks a rare US acquisition of an Asian tech company.

- Ultragenyx (RARE) shares soared 15% today. Jefferies analysts said the stock could rebound in 2026, after the shares hit a record low Monday.

- OceanFirst Financial Corp (OCFC) finished 6.6% lower, as the bank agreed to buy Flushing Financial in an all-stock deal that includes an investment agreement with PE firm Warburg Pincus, which will be represented on the company’s board.

On this episode of Stock Movers:
- Meta (META) closed 1.1% higher on a deal to buy Manus, a popular Singapore-based artificial intelligence agent with Chinese roots, in its effort to build a business around its massive AI investment. The deal values Manus at more than $2 billion, according to people familiar with the matter. It marks a rare US acquisition of an Asian tech company.
- Ultragenyx (RARE) shares soared 15% today. Jefferies analysts said the stock could rebound in 2026, after the shares hit a record low Monday.
- OceanFirst Financial Corp (OCFC) finished 6.6% lower, as the bank agreed to buy Flushing Financial in an all-stock deal that includes an investment agreement with PE firm Warburg Pincus, which will be represented on the company&rsquo;s board.

Closing Bell: Meta to Buy Manus, Ultragenyx Soars, OceanFirst Declines

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d847200e-5507-4020-921d-b3c3015e3375/transcript

Warner Bros. Discovery (WBD) plans to reject a takeover bid from Paramount Skydance Corp. after the company amended the terms of its offer. The Warner Bros. board is concerned that Paramount has yet to increase its offer, which was earlier rejected as inferior to one from Netflix Inc.
Molina Healthcare (MOH) rises after money manager Michael Burry highlighted the health insurer’s record of strong expense ratios and underwriting results, while praising its acquisition strategy on Substack.
Ultragenyx (RARE) climb the most intraday since August 2024, rebounding after the shares hit a record low Monday on study failure. Jefferies analysts say the stock could rebound in 2026 ahead of a late-stage data update. 

<ul>
<li>Warner Bros. Discovery (WBD) plans to reject a takeover bid from Paramount Skydance Corp. after the company amended the terms of its offer.&nbsp;The Warner Bros. board is concerned that Paramount has yet to increase its offer, which was earlier rejected as inferior to one from Netflix Inc.</li>
<li>Molina Healthcare (MOH) rises after money manager Michael Burry highlighted the health insurer&rsquo;s record of strong expense ratios and underwriting results, while praising its acquisition strategy on Substack.</li>
<li>Ultragenyx (RARE) climb the most intraday since August 2024, rebounding after the shares hit a record low Monday on study failure. Jefferies analysts say the stock could rebound in 2026 ahead of a late-stage data update.&nbsp;</li>
</ul>

WBD to Reject Paramount Offer, Molina, Ultragenyx Rise

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/2a6c4aa8-3e3f-449f-8de4-b3c3014f5f3a/transcript

On this episode of stock movers:
Molina Healthcare (MOH) rises after money manager Michael Burry highlighted the health insurer’s record of strong expense ratios and underwriting results, while praising its acquisition strategy on Substack.
Ultragenyx (RARE) climb the most intraday since August 2024, rebounding after the shares hit a record low Monday on study failure. Jefferies analysts say the stock could rebound in 2026 ahead of a late-stage data update. 
OceanFirst (OCFC) down as the bank agreed to buy Flushing Financial in an all-stock deal that includes an investment agreement with PE firm Warburg Pincus, which will be represented on the company’s board.

On this episode of stock movers:
<ul>
<li>Molina Healthcare (MOH) rises after money manager Michael Burry highlighted the health insurer&rsquo;s record of strong expense ratios and underwriting results, while praising its acquisition strategy on Substack.</li>
<li>Ultragenyx (RARE) climb the most intraday since August 2024, rebounding after the shares hit a record low Monday on study failure. Jefferies analysts say the stock could rebound in 2026 ahead of a late-stage data update.&nbsp;</li>
<li>OceanFirst (OCFC) down as the bank agreed to&nbsp;buy&nbsp;Flushing Financial in an all-stock deal that includes an investment agreement with PE firm Warburg Pincus, which will be represented on the company&rsquo;s board.</li>
</ul>

Molina, Ultragenyx Rise, OceanFirst Falls on M&A announcement

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/062ca222-fd58-4ca0-8fb2-b3c301311d53/transcript

Amazon Rises, Cava Group Plunges, Capri Holdings Jumps on JPMorgan Rating

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