On this episode of Stock Movers:
- Defence stocks Rolls-Royce and BAE Systems are helping provide a sizeable boost to the FTSE 100 as trading gets underway.Norway has picked the UK as the supplier of frigates for its navy, in what would be the biggest ever investment in the Nordic country’s defense. It would also support 4,000 jobs in the UK, more than half of them at BAE Systems' Glasgow shipyards.
- The growth outlook for Tesco remains intact, JPMorgan writes in note as it places the retailer on a positive catalyst watch ahead of first-half earnings on Oct. 2.
- Orsted shares gain as much as 4.7% after Equinor decided to support the proposal to strengthen the offshore wind company’s balance sheet. Meanwhile, BofA cut its price target on Orsted to a new street low citing US uncertainty.

Nvidia Drops, Intuit Slumps, J M Smucker Rises on Positive Full Year Outlook
03:52

Intuit Lower; Abercrombie & Fitch and JM Smucker Outlooks
04:03

Nvidia and Salesforce Report; Intuit Slumps
04:41