Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Bank of America (BAC) traders pulled in the business’s highest quarterly revenue in more than a decade, riding a wave of volatility that pushed the firm’s stock-trading desk to an all-time record.Revenue from equity trading climbed 30% to $2.8 billion in the first quarter — beating expectations — while fixed-income trading, which fell short of a consensus of analyst estimates, rose less than 1% to $3.5 billion, the company said in a statement Wednesday. The total trading haul helped push adjusted earnings to $1.11 a share, surpassing a $1.01 average of analysts’ estimates.
- Hermès shares tumbled as much as 14% as the disruption from the conflict in the Middle East dented the Birkin bag maker’s sales growth, showing that even the luxury goods industry’s most-resilient player is feeling the effects.
- Broadcom(AVGO) shares rise after the technology company expanded its partnership with Meta to deploy AI infrastructure. Shares in the Facebook parent edge higher, up 0.3%.

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Bank of America (BAC) traders pulled in the business&rsquo;s highest quarterly revenue in more than a decade, riding a wave of volatility that pushed the firm&rsquo;s stock-trading desk to an all-time record.Revenue from equity trading climbed 30% to $2.8 billion in the first quarter &mdash; beating expectations &mdash; while fixed-income trading, which fell short of a consensus of analyst estimates, rose less than 1% to $3.5 billion, the company said in a statement Wednesday. The total trading haul helped push adjusted earnings to $1.11 a share, surpassing a $1.01 average of analysts&rsquo; estimates. - Herm&egrave;s shares tumbled as much as 14% as the disruption from the conflict in the Middle East dented the Birkin bag maker&rsquo;s sales growth, showing that even the luxury goods industry&rsquo;s most-resilient player is feeling the effects. - Broadcom(AVGO) shares rise after the technology company expanded its partnership with Meta to deploy AI infrastructure. Shares in the Facebook parent edge higher, up 0.3%.

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

BofA Stock Traders Notch Record; Hermès Falls Most on Record; Broadcom Gains

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/1938bb10-82df-493b-bc37-b42d00b5bd2b/transcript