On this episode of Stock Movers:
- ASML (ASML) shares fell as much as 4.7% on Tuesday after US lawmakers unveiled legislation aimed at tightening restrictions on chip tool exports to China.
- Universal Music Group (UMG) shares rose as much as 24% in Amsterdam, but traded well below the value of an offer from Pershing Square Capital Management amid doubt over whether the deal will happen.
- Broadcom (AVGO) shares rose on Tuesday after the chipmaker announced a long-term agreement with Google to develop and supply Tensor Processing Units.

Kioxia Drops, SK Hynix Falls, Kingdee Surges
05:27

Nvidia Rallies, Autodesk Falls, Workday Dips
05:12

Closing Bell Earnings Special: Autodesk, Workday, Ulta Beauty
07:26