On this episode of Stock Movers:

- Advanced Micro Devices (AMD) triggers an explosive rally after landing a a blockbuster deal with OpenAI to build artificial intelligence infrastructure, giving the chipmaker a chance to show it can mount a challenge to Nvidia Corp. in the AI computing industry.

- Comerica (CMA) shares rise on news Fifth Third Bancorp agreed to buy the bank for about $10.9 billion in stock, the largest US bank deal this year and a sign that the logjam blocking big mergers in the industry may have broken under the Trump administration’s deregulation efforts.

- Verizon (VZ) shares fall as the company concedes it has fallen behind rivals in wireless and broadband service, replaced its chief executive officer of seven years, appointing a new leader with experience in telecom and financial technology. Dan Schulman, 67, who became lead independent director in December, takes over immediately, Verizon said Monday, with a mandate to revive growth and improve the company’s fortunes. The former CEO of PayPal Holdings Inc., he replaces Hans Vestberg, 60, a former Ericsson AB executive who has led the company since 2018.

On this episode of Stock Movers:
- Advanced Micro Devices (AMD) triggers an explosive rally after landing a a blockbuster deal with OpenAI to build artificial intelligence infrastructure, giving the chipmaker a chance to show it can mount a challenge to Nvidia Corp. in the AI computing industry.
- Comerica (CMA) shares rise on news Fifth Third Bancorp agreed to buy the bank for about $10.9 billion in stock, the largest US bank deal this year and a sign that the logjam blocking big mergers in the industry may have broken under the Trump administration&rsquo;s deregulation efforts.
- Verizon (VZ) shares fall as the company concedes it has fallen behind rivals in wireless and broadband service, replaced its chief executive officer of seven years, appointing a new leader with experience in telecom and financial technology. Dan Schulman, 67, who became lead independent director in December, takes over immediately, Verizon said Monday, with a mandate to revive growth and improve the company&rsquo;s fortunes. The former CEO of PayPal Holdings Inc., he replaces Hans Vestberg, 60, a former Ericsson AB executive who has led the company since 2018.

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

Stock Movers

AMD Inks Chip Deal, VZ Names New CEO, Fifth Third to Buy Comerica

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e26dbc45-144a-4e24-b43f-b36e013cdc32/transcript

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