On this episode of Stock Movers:
-Apple (AAPL) shares fell after Jefferies downgraded the iPhone maker to underperform from hold.
-Applied Materials (AMAT) shares dropped after the company said net revenue for FY 2026 is set to decrease by $600 million due to a new rule by the US Department of Commerce’s Bureau of Industry and Security.
-Boeing (BA) shares slumped after the plane maker delayed their new 777X to fly for the first time in early 2027. The delay could result in potentially billions of dollars in accounting charges, with analysts estimating the non-cash accounting charge could run from $2.5 billion to as much as $4 billion.

Amazon Rises, Crowdstrike Mixed, Kohl's Rebounds After Earnings Call
03:32

Kohl’s Says Shoppers Want More Value; Lindt Tumbles After Cutting Guidance; Beyond Meat Drops 'Meat' From Name
04:24

AT&T Will Spend $250 Billion on Network; HP Enterprise Rises; TSMC Sales Jump 30%
03:47