On this episode of Stock Movers:

- American Express (Amex) shares drop. American Express Co. is cutting 5% of its headcount globally as Chief Executive Officer Steve Squeri seeks to keep a lid on the company’s rising costs. The company has been facing consistent pressure to keep and retain its premium card members, and has been refreshing certain cards and adding new perks to do so, which has boosted costs. Amex posted third-quarter earnings that beat estimates, but billed business came in shy of the average estimate, and the company is also facing a $350 million fine due to anti-money-laundering violations.

- Crown Castle (CCI) shares jump. SpaceX is working to secure access to cell towers and has been looking for access to 80,000 cell sites in the U.S. The company's moves are upending wireless stocks.

- Deckers Outdoor (DECK) shares shares slide as much as 8.4%, the most intraday in about a year, after the owner of the UGG and Hoka brands cut its full-year net sales guidance to below consensus. Analysts note that US consumer demand remains challenging. 

On this episode of Stock Movers:
- American Express (Amex) shares drop. American Express Co. is cutting 5% of its headcount globally as Chief Executive Officer Steve Squeri seeks to keep a lid on the company&rsquo;s rising costs. The company has been facing consistent pressure to keep and retain its premium card members, and has been refreshing certain cards and adding new perks to do so, which has boosted costs. Amex posted third-quarter earnings that beat estimates, but billed business came in shy of the average estimate, and the company is also facing a $350 million fine due to anti-money-laundering violations.
- Crown Castle (CCI) shares jump. SpaceX is working to secure access to cell towers and has been looking for access to 80,000 cell sites in the U.S. The company's moves are upending wireless stocks.
- Deckers Outdoor (DECK) shares shares slide as much as 8.4%, the most intraday in about a year, after the owner of the UGG and Hoka brands cut its full-year net sales guidance to below consensus. Analysts note that US consumer demand remains challenging.&nbsp;

Listen for Short 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 Short 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

Listen for short 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 short 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.

American Express Drops, Crown Castle Jumps, Deckers Outdoor Tumbles as Sales Outlook Trim Spurs Downgrade

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6ea7e425-9535-49bc-aeff-b4ec00ecbac1/transcript

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

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, Jess Menton, Carol Massar and Tim Stenovec.

- SpaceX (SPCX) aims to secure a minimum of 80,000 cell sites across the US, and it’s in talks with at least one major cellular infrastructure company to reach that goal, according to people familiar with the matter. The agreements would solidify the rocket and satellite giant’s path toward building a fourth nationwide wireless carrier, said the people, who asked to not be identified because the discussions are private. One of the companies they’re in talks with is Crown Castle (CCI), which, along with American Tower (AMT) are among the largest owners of cellular towers. Shares of both rallied in Friday trading. 

- Meanwhile, shares of cell carriers like T-Mobile (TMUS), Verizon (VZ) and AT&T (T) fell in response to reports of SpaceX's plans that would make it the fourth nationwide wireless carrier. 

- JetBlue (JBLU)’s already difficult year took a dramatic turn for the worse Thursday, with a sharp selloff in its securities signaling mounting investor doubts about the airline’s financial outlook. Ahead of next week’s third-quarter earnings report, usually a bright spot for airlines, JetBlue’s stock fell nearly 10% to close at $2.65, its lowest level since going public in 2002.

Today's biggest winners and losers in the stock market. 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, Jess Menton, Carol Massar and Tim Stenovec. - SpaceX (SPCX) aims to secure a minimum of 80,000 cell sites across the US, and it&rsquo;s in talks with at least one major cellular infrastructure company to reach that goal, according to people familiar with the matter. The agreements would solidify the rocket and satellite giant&rsquo;s path toward building a fourth nationwide wireless carrier, said the people, who asked to not be identified because the discussions are private. One of the companies they&rsquo;re in talks with is Crown Castle (CCI), which, along with American Tower (AMT) are among the largest owners of cellular towers. Shares of both rallied in Friday trading. - Meanwhile, shares of cell carriers like T-Mobile (TMUS), Verizon (VZ) and AT&amp;T (T) fell in response to reports of SpaceX's plans that would make it the fourth nationwide wireless carrier. - JetBlue (JBLU)&rsquo;s already difficult year took a dramatic turn for the worse Thursday, with a sharp selloff in its securities signaling mounting investor doubts about the airline&rsquo;s financial outlook. Ahead of next week&rsquo;s third-quarter earnings report, usually a bright spot for airlines, JetBlue&rsquo;s stock fell nearly 10% to close at $2.65, its lowest level since going public in 2002.

Closing Bell: Towers Gain, Carriers Fall on SpaceX Cell Site Plan

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/54d8efcc-1b5c-435e-8a90-b4ec016933cd/transcript

Today's biggest gainers and decliners in the stock market.

On this episode of Stock Movers:
Bloom Energy (BE) shares are down after the fuel cell company reported results. Oppenheimer noted that the company had negative cash flow from operations, and Citi said the stock was “crowded” before the print. Shares declined as much as 11% as of 3pm in New York. 
GM (GM) shares are set to record their worst week in more than three years, leading a wider selloff in automotive stocks on Friday. Yet, bullish Wall Street analysts are doubling down on the carmaker. Analysts at BNP Paribas, Evercore ISI, and RBC Capital Markets say to buy the dip in GM after Tuesday’s earnings. BNP’s James Picariello reiterated his buy-equivalent rating, citing the company’s “severely discounted valuation” and unparalleled execution. 
 Palo Alto (PANW) shares rose as much as 6.8%, leading a broader gain in cybersecurity stocks after a top executive at Anthropic warned that mass cybersecurity disruptions are about to “get a lost worse before they get better.”

Today's biggest gainers and decliners in the stock market.
On this episode of Stock Movers:
<ul>
<li>Bloom Energy (BE) shares are down after the fuel cell company reported results. Oppenheimer noted that the company had negative cash flow from operations, and Citi said the stock was &ldquo;crowded&rdquo; before the print. Shares declined as much as 11% as of 3pm in New York.&nbsp;</li>
<li>GM (GM) shares are set to record their worst week in more than three years, leading a wider selloff in automotive stocks on Friday. Yet, bullish Wall Street analysts are doubling down on the carmaker. Analysts at BNP Paribas, Evercore ISI, and RBC Capital Markets say to buy the dip in GM after Tuesday&rsquo;s earnings. BNP&rsquo;s James Picariello reiterated his buy-equivalent rating, citing the company&rsquo;s &ldquo;severely discounted valuation&rdquo; and unparalleled execution.&nbsp;</li>
<li>&nbsp;Palo Alto (PANW) shares rose as much as 6.8%, leading a broader gain in cybersecurity stocks after a top executive at Anthropic warned that mass cybersecurity disruptions are about to &ldquo;get a lost worse before they get better.&rdquo;</li>
</ul>

Bloom Energy Slips, GM Slumps, Palo Alto Rises

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/aeda821d-2551-4ccd-840b-b4ec0140818a/transcript

On this episode of Stock Movers:

- Deckers Outdoor (DECK) shares shares slide as much as 8.4%, the most intraday in about a year, after the owner of the UGG and Hoka brands cut its full-year net sales guidance to below consensus. Analysts note that US consumer demand remains challenging. 

- T-Mobile (TMUS) shares fall. Tower companies gain and wireless carriers slide after SpaceX was said to be targeting 80,000 or more US cell sites, with talks underway with at least one infrastructure owner. 

- Moderna (MRNA) shares drop. Moderna Inc. and Merck & Co. shares plummeted after data on the companies' personalized melanoma vaccine wasn't enough to prove to investors that a new era of cancer treatments has arrived. The vaccine, given with Merck's Keytruda, slashed the risk of cancer recurrence by 42% and reduced the chances of distant spread by 38% in a trial of over 1,100 patients.

On this episode of Stock Movers:
- Deckers Outdoor (DECK) shares shares slide as much as 8.4%, the most intraday in about a year, after the owner of the UGG and Hoka brands cut its full-year net sales guidance to below consensus. Analysts note that US consumer demand remains challenging.&nbsp;
- T-Mobile (TMUS) shares fall. Tower companies gain and wireless carriers slide after SpaceX was said to be targeting 80,000 or more US cell sites, with talks underway with at least one infrastructure owner.&nbsp;
- Moderna (MRNA) shares drop. Moderna Inc. and Merck &amp; Co. shares plummeted after data on the companies' personalized melanoma vaccine wasn't enough to prove to investors that a new era of cancer treatments has arrived. The vaccine, given with Merck's Keytruda, slashed the risk of cancer recurrence by 42% and reduced the chances of distant spread by 38% in a trial of over 1,100 patients.

Deckers Outdoor Slides, T-Mobile Falls, and Moderna Drops

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/64f8bb73-ce07-4ebe-b7d3-b4ec00fa9584/transcript

American Express Drops, Crown Castle Jumps, Deckers Outdoor Tumbles as Sales Outlook Trim Spurs Downgrade

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