On this episode of Stock Movers:

- Bristol Myers (BMY) shares climb. Bristol Myers Squibb Co.’s experimental drugs for treating a rare endocrine cancer and a deadly form of lung disease showed promise in late-stage studies, a potential boon for the pharmaceutical company’s new product pipeline. Wall Street has been eagerly anticipating both results, as the drugs use novel approaches for hard-to-treat conditions that impair patients’ quality of life and are eventually fatal. 

- Adobe (ADBE) shares drop. Wells Fargo Securities downgraded the maker of software for creative professionals by two notches, to underweight from overweight. 

- Salesforce (CRM) shares gain. BofA Global Research raised the recommendation on the software company to buy from underperform, pointing to tailwinds from AI adoption.

On this episode of Stock Movers:
- Bristol Myers (BMY) shares climb. Bristol Myers Squibb Co.&rsquo;s experimental drugs for treating a rare endocrine cancer and a deadly form of lung disease showed promise in late-stage studies, a potential boon for the pharmaceutical company&rsquo;s new product pipeline. Wall Street has been eagerly anticipating both results, as the drugs use novel approaches for hard-to-treat conditions that impair patients&rsquo; quality of life and are eventually fatal.&nbsp;
- Adobe (ADBE) shares drop. Wells Fargo Securities downgraded the maker of software for creative professionals by two notches, to underweight from overweight.&nbsp;
- Salesforce (CRM) shares gain. BofA Global Research raised the recommendation on the software company to buy from underperform, pointing to tailwinds from AI adoption.

Listen for Short 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 Short 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

Listen for short 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 short 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.

Bristol Myers Climbs, Adobe Drops, Salesforce Gains as BofA Raises to Buy on AI Strategy

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e70dab9d-3a89-4b91-8a66-b4e100ebb2df/transcript

On this episode of Stock Movers:

- Salesforce (CRM) shares gain. BofA Global Research raised the recommendation on the software company to buy from underperform, pointing to tailwinds from AI adoption.

- Adobe (ADBE) shares are down. Wells Fargo Securities downgraded the maker of software for creative professionals by two notches, to underweight from overweight.

- Chipotle (CMG) shares fall. Starbucks Corp. said it’s not buying Chipotle Mexican Grill Inc, seeking to tamp down speculation about what could have been one of the restaurant sector’s largest-ever deals. The company issued a statement on Monday following a report last week that Starbucks, run by former Chipotle Chief Executive Officer Brian Niccol, had worked on a takeover proposal. 

On this episode of Stock Movers:
- Salesforce (CRM) shares gain. BofA Global Research raised the recommendation on the software company to buy from underperform, pointing to tailwinds from AI adoption.
- Adobe (ADBE) shares are down. Wells Fargo Securities downgraded the maker of software for creative professionals by two notches, to underweight from overweight.
- Chipotle (CMG) shares fall. Starbucks Corp. said it&rsquo;s not buying Chipotle Mexican Grill Inc, seeking to tamp down speculation about what could have been one of the restaurant sector&rsquo;s largest-ever deals. The company issued a statement on Monday following a report last week that Starbucks, run by former Chipotle Chief Executive Officer Brian Niccol, had worked on a takeover proposal.&nbsp;

Salesforce Gains, Adobe Drops, Chipotle Falls on News Starbucks Won't Buy the Company

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5f0ae6a3-5ce9-4633-b96f-b4e100fa46ce/transcript

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Amazon (AMZN) shares are moving on news it's in negotiations to acquire Decart AI, an artificial intelligence startup, in a deal that could be valued at around $7 billion, the Wall Street Journal reported.
The purchase could be wrapped up soon if the negotiations don’t collapse, the Journal said, citing people familiar with the matter.

- IonQ (IONQ) shares are moving after it agreed to buy Elisity for as much as $1.3 billion in an all-stock transaction to expand its cybersecurity platform. IonQ Chief Executive Officer Niccolo de Masi said the company will be well positioned to help customers protect critical infrastructure and enterprise networks throughout the transition to the quantum era.

- T-Mobile (TMUS) shares are rising after Raymond James upgraded the stock to outperform from market perform, noting that the recent pullback in shares has created a buying opportunity. Analyst Frank Louthan says the “recent fears over SpaceX competition are overblown, as it is three-plus years from becoming a reality.”

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Amazon (AMZN) shares are moving on news it's in negotiations to acquire Decart AI, an artificial intelligence startup, in a deal that could be valued at around $7 billion, the Wall Street Journal reported. The purchase could be wrapped up soon if the negotiations don&rsquo;t collapse, the Journal said, citing people familiar with the matter.
- IonQ (IONQ) shares are moving after it agreed to buy Elisity for as much as $1.3 billion in an all-stock transaction to expand its cybersecurity platform. IonQ Chief Executive Officer Niccolo de Masi said the company will be well positioned to help customers protect critical infrastructure and enterprise networks throughout the transition to the quantum era.
- T-Mobile (TMUS) shares are rising after Raymond James upgraded the stock to outperform from market perform, noting that the recent pullback in shares has created a buying opportunity. Analyst Frank Louthan says the &ldquo;recent fears over SpaceX competition are overblown, as it is three-plus years from becoming a reality.&rdquo;

Amazon and IonQ Deals; T-Mobile Upgrade

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d82118aa-63b1-4fb1-b5d7-b4e100d90bef/transcript

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Amazon (AMZN) shares are moving on news it's in negotiations to acquire Decart AI, an artificial intelligence startup, in a deal that could be valued at around $7 billion, the Wall Street Journal reported.The purchase could be wrapped up soon if the negotiations don’t collapse, the Journal said, citing people familiar with the matter.
- T-Mobile (TMUS) shares are rising after Raymond James upgraded the stock to outperform from market perform, noting that the recent pullback in shares has created a buying opportunity. Analyst Frank Louthan says the “recent fears over SpaceX competition are overblown, as it is three-plus years from becoming a reality.”
- Sandisk (SNDK) is falling as investor worries rise on how memory and software stocks will be impacted by the AI trade.
- Stellantis (STLA) shares are moving after CEO Antonio Filosa says each of the company’s 14 brands have a unique role to play, making a Europe-US split of the company “not plausible at all,” he tells Caroline Connan at the Peugeot stand. Speculation on a possible split has been mounting in recent weeks due to the stock trading at all time lows. It also follows headlines the European Union will cap the import of Chinese hybrid vehicles at 350,000 cars per year, with the safeguard measure taking effect as soon as Dec. 1.

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Amazon (AMZN) shares are moving on news it's in negotiations to acquire Decart AI, an artificial intelligence startup, in a deal that could be valued at around $7 billion, the Wall Street Journal reported.The purchase could be wrapped up soon if the negotiations don&rsquo;t collapse, the Journal said, citing people familiar with the matter. - T-Mobile (TMUS) shares are rising after Raymond James upgraded the stock to outperform from market perform, noting that the recent pullback in shares has created a buying opportunity. Analyst Frank Louthan says the &ldquo;recent fears over SpaceX competition are overblown, as it is three-plus years from becoming a reality.&rdquo; - Sandisk (SNDK) is falling as investor worries rise on how memory and software stocks will be impacted by the AI trade. - Stellantis (STLA) shares are moving after CEO Antonio Filosa says each of the company&rsquo;s 14 brands have a unique role to play, making a Europe-US split of the company &ldquo;not plausible at all,&rdquo; he tells Caroline Connan at the Peugeot stand. Speculation on a possible split has been mounting in recent weeks due to the stock trading at all time lows. It also follows headlines the European Union will cap the import of Chinese hybrid vehicles at 350,000 cars per year, with the safeguard measure taking effect as soon as Dec. 1.

Amazon-Decart Latest; T-Mobile Upgrade; Sandisk Slide

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c38c31d6-84f4-47fd-a243-b4e100b583e7/transcript

Bristol Myers Climbs, Adobe Drops, Salesforce Gains as BofA Raises to Buy on AI Strategy

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