On this episode of Stock Movers:

- Block (XYZ) shares jump after the company announced that it's cutting 4,000 employees, reducing its workforce by nearly half, in a move the company describes as a bet on artificial intelligence changing the future of labor productivity.

- Trump Media & Technology (DJT) shares are up after the company said it is in talks to spin off businesses including Truth Social into a new public company following its pending merger with TAE Technologies.

- CoreWeave (CRWV) shares slide after a bigger-than-expected loss and boosting capital expenditures. CoreWeave has been taking on more debt to fund projects and is looking to raise about $8.5 billion from banks to help finance a build-out of cloud computing capacity for Meta.

On this episode of Stock Movers:
- Block (XYZ) shares jump after the company announced that it's cutting 4,000 employees, reducing its workforce by nearly half, in a move the company describes as a bet on artificial intelligence changing the future of labor productivity.
- Trump Media &amp; Technology (DJT) shares are up after the company said it is in talks to spin off businesses including Truth Social into a new public company following its pending merger with TAE Technologies.
- CoreWeave (CRWV) shares slide after a bigger-than-expected loss and boosting capital expenditures. CoreWeave has been taking on more debt to fund projects and is looking to raise about $8.5 billion from banks to help finance a build-out of cloud computing capacity for Meta.

Listen for five-minute 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 five-minute 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

Block Jumps, Trump Media & Technology Up, CoreWeave Slides After Heavy Spending Alarms Investors 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e5a2ff90-95b5-4d68-9c80-b3fe010ab4db/transcript

Today's biggest winners and losers in the stock market, a look at the notable movers:

On this episode of Stock Movers:
-Micron Technology's (MU) market capitalization will more than double over the next 12 months, according to at least one analyst. UBS Group AG boosted its price target for Micron Technology to $1,625, roughly 116% higher than its close on Friday of $751. The new guidance implies a market value of more than $1.8 trillion, larger than the current market capitalization of companies like Meta Platforms Inc., Tesla Inc. and Berkshire Hathaway Inc.

- Shares of Madison Square Garden Sports (MSGS) jump as much as 4.2% to touch a record high intraday after the New York Knicks completed a 4-0 series sweep over the Cleveland Cavaliers to advance to the NBA Finals for the first time since 1999. MSGS shares are up 41% this year, on pace for a record annual return

-Marvell Technology (MRVL) first-quarter results are expected to modestly top consensus as AI-driven data-center demand supports continued strength in optics and switching. Investors will keep an eye on whether the company reiterates its recently boosted full year outlook and maintains confidence that interconnect growth can outpace broader cloud spending, Bloomberg Intelligence said.

Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers: -Micron Technology's (MU) market capitalization will more than double over the next 12 months, according to at least one analyst. UBS Group AG boosted its price target for Micron Technology to $1,625, roughly 116% higher than its close on Friday of $751. The new guidance implies a market value of more than $1.8 trillion, larger than the current market capitalization of companies like Meta Platforms Inc., Tesla Inc. and Berkshire Hathaway Inc. - Shares of Madison Square Garden Sports (MSGS) jump as much as 4.2% to touch a record high intraday after the New York Knicks completed a 4-0 series sweep over the Cleveland Cavaliers to advance to the NBA Finals for the first time since 1999. MSGS shares are up 41% this year, on pace for a record annual return -Marvell Technology (MRVL) first-quarter results are expected to modestly top consensus as AI-driven data-center demand supports continued strength in optics and switching. Investors will keep an eye on whether the company reiterates its recently boosted full year outlook and maintains confidence that interconnect growth can outpace broader cloud spending, Bloomberg Intelligence said.

Micron Rallies, MSG Sports Gains on Knicks, Marvell Jumps

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6c79ee0d-6956-4d8e-830c-b45601608180/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, Katie Griefeld, Alex Semenova and Tim Stenovec.

- Shares of Madison Square Garden Sports (MSGS) jump as much as 4.2% to touch a record high intraday after the New York Knicks completed a 4-0 series sweep over the Cleveland Cavaliers to advance to the NBA Finals for the first time since 1999. MSGS shares are up 41% this year, on pace for a record annual return

- Beer stocks including Molson Coors, Constellation Brands, Boston Beer and Anheuser-Busch are trading lower on Tuesday as the latest industry sales data from Circana and Nielsen showed lackluster trends. Molson Coors -3.5%, Constellation Brands -3.5%, Boston Beer -3.3% and Anheuser-Busch InBev -1.4%

- Ferrari (RACE) shares fell almost 8% after critics panned the look of its first fully electric vehicle, a setback for the Italian super-car maker’s controversial push into EVs. The unveiling of the €550,000 ($640,000) Ferrari Luce drew largely negative reactions from industry analysts and social media influencers alike, who compared the four-door, five seater’s design to mass-market EVs. For the Luce, Ferrari moved away from the style associated with design chief Flavio Manzoni and tapped Apple Inc.’s former head of design, Jony Ive, to shape the vehicle.

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, Katie Griefeld, Alex Semenova and Tim Stenovec. - Shares of Madison Square Garden Sports (MSGS) jump as much as 4.2% to touch a record high intraday after the New York Knicks completed a 4-0 series sweep over the Cleveland Cavaliers to advance to the NBA Finals for the first time since 1999. MSGS shares are up 41% this year, on pace for a record annual return - Beer stocks including Molson Coors, Constellation Brands, Boston Beer and Anheuser-Busch are trading lower on Tuesday as the latest industry sales data from Circana and Nielsen showed lackluster trends. Molson Coors -3.5%, Constellation Brands -3.5%, Boston Beer -3.3% and Anheuser-Busch InBev -1.4% - Ferrari (RACE) shares fell almost 8% after critics panned the look of its first fully electric vehicle, a setback for the Italian super-car maker&rsquo;s controversial push into EVs. The unveiling of the &euro;550,000 ($640,000) Ferrari Luce drew largely negative reactions from industry analysts and social media influencers alike, who compared the four-door, five seater&rsquo;s design to mass-market EVs. For the Luce, Ferrari moved away from the style associated with design chief Flavio Manzoni and tapped Apple Inc.&rsquo;s former head of design, Jony Ive, to shape the vehicle.

Closing Bell: MSG Soars on Knicks Win, Ferrari Disappoints, Beer Stocks Fall

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6632f4ce-05c2-40ba-9bcd-b45601535d2a/transcript

Today's biggest winners and losers in the stock market, a look at the notable movers for the day:

On this episode of Stock Movers:
--Micron Technology's (MU) market capitalization will more than double over the next 12 months, according to at least one analyst. UBS Group AG boosted its price target for Micron Technology to $1,625, roughly 116% higher than its close on Friday of $751. The new guidance implies a market value of more than $1.8 trillion, larger than the current market capitalization of companies like Meta Platforms Inc., Tesla Inc. and Berkshire Hathaway Inc.

- AutoZone (AZU) shares fall 5.2% in premarket trading after the retailer of automotive replacement parts posted comparable sales for the third quarter that fell short of Wall Street’s expectations.

-Shares in rocket and satellite companies rally Tuesday and are set to extend recent gains. The sector has advanced since SpaceX filed publicly for what stands to be the largest ever initial public offering. Among movers: Redwire +25%, MDA Space +10%, Firefly Aerospace +18%, Intuitive Machines +19%, AST SpaceMobile +17%, York Space Systems +15%, Voyager Technologies +10%, Satellogic +12%, EchoStar +5.9%

Today's biggest winners and losers in the stock market, a look at the notable movers for the day: On this episode of Stock Movers: --Micron Technology's (MU) market capitalization will more than double over the next 12 months, according to at least one analyst. UBS Group AG boosted its price target for Micron Technology to $1,625, roughly 116% higher than its close on Friday of $751. The new guidance implies a market value of more than $1.8 trillion, larger than the current market capitalization of companies like Meta Platforms Inc., Tesla Inc. and Berkshire Hathaway Inc. - AutoZone (AZU) shares fall 5.2% in premarket trading after the retailer of automotive replacement parts posted comparable sales for the third quarter that fell short of Wall Street&rsquo;s expectations. -Shares in rocket and satellite companies rally Tuesday and are set to extend recent gains. The sector has advanced since SpaceX filed publicly for what stands to be the largest ever initial public offering. Among movers: Redwire +25%, MDA Space +10%, Firefly Aerospace +18%, Intuitive Machines +19%, AST SpaceMobile +17%, York Space Systems +15%, Voyager Technologies +10%, Satellogic +12%, EchoStar +5.9%

Micron Rallies, AutoZone Slides, Rockets Rise

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/63f8a181-1b2d-4964-9945-b456013d243d/transcript

Block Jumps, Trump Media & Technology Up, CoreWeave Slides After Heavy Spending Alarms Investors

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