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 Caroline Hyde, Vonnie Quinn Tim Stenovec and Norah Mulinda.

- US banks were among several groups to surge following Federal Reserve chairman Jerome Powell's remarks at Jackson Hole. The KBW Bank Index jumped 3.2% closing at its first record since 2022. 

- Zoom (ZM) shares soared after the company delivered a stronger-than-expected forecast, suggesting that customers are buying more of its expanded line of software products. The shares jumped 13% to $82.47 in New York on Friday, marking their biggest single-day gain since August 2024. The stock had been down 10% this year heading into the earnings report.

- Intuit (INTU) share sunk after the tax software company's tepid forecast overshadowed an otherwise strong fourth quarter report.

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 Caroline Hyde, Vonnie Quinn Tim Stenovec and Norah Mulinda. - US banks were among several groups to surge following Federal Reserve chairman Jerome Powell's remarks at Jackson Hole. The KBW Bank Index jumped 3.2% closing at its first record since 2022. - Zoom (ZM) shares soared after the company delivered a stronger-than-expected forecast, suggesting that customers are buying more of its expanded line of software products. The shares jumped 13% to $82.47 in New York on Friday, marking their biggest single-day gain since August 2024. The stock had been down 10% this year heading into the earnings report. - Intuit (INTU) share sunk after the tax software company's tepid forecast overshadowed an otherwise strong fourth quarter report.

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

Closing Bell: Big Banks Soar, Zoom Rallies, Intuit Falls

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/019fccc0-b67b-4926-9149-b341015aeffd/transcript

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

On this episode of Stock Movers, we take a look at some of the biggest gainers and decliners or the week:

- Alphabet (GOOGL) shares soared 10% to a record after the company reported strong demand for its cloud and artificial intelligence offerings, signaling that unprecedented investments in AI infrastructure are paying off. Google’s parent company said first-quarter revenue, excluding partner payouts, was $94.7 billion, exceeding analysts’ expectations of $91.6 billion. The company reported earnings per share of $5.11, nearing double Wall Street’s had projected.

- Clorox (CLX) shares slumped as much as 10% on Friday, the most intraday since Feb. 2022, after the household products company’s organic sales missed consensus expectations for the third quarter and management cut its annual forecast. Cat litter and salad dressing categories performed poorly during the quarter. Given market share pressures and a constrained consumer, analysts see limited space for price increases.

- Centene (CNC)’s first-quarter profit exceeded Wall Street expectations and the company raised its outlook for the year in the latest sign of recovery for a US health insurance sector coming off a terrible year. Centene shares rose as much as 11% in New York, the most intraday since October.

Today's biggest winners and losers in the stock market. On this episode of Stock Movers, we take a look at some of the biggest gainers and decliners or the week: - Alphabet (GOOGL) shares soared 10% to a record after the company reported strong demand for its cloud and artificial intelligence offerings, signaling that unprecedented investments in AI infrastructure are paying off. Google&rsquo;s parent company said first-quarter revenue, excluding partner payouts, was $94.7 billion, exceeding analysts&rsquo; expectations of $91.6 billion. The company reported earnings per share of $5.11, nearing double Wall Street&rsquo;s had projected. - Clorox (CLX) shares slumped as much as 10% on Friday, the most intraday since Feb. 2022, after the household products company&rsquo;s organic sales missed consensus expectations for the third quarter and management cut its annual forecast. Cat litter and salad dressing categories performed poorly during the quarter. Given market share pressures and a constrained consumer, analysts see limited space for price increases. - Centene (CNC)&rsquo;s first-quarter profit exceeded Wall Street expectations and the company raised its outlook for the year in the latest sign of recovery for a US health insurance sector coming off a terrible year. Centene shares rose as much as 11% in New York, the most intraday since October.

Weekly Roundup: Alphabet Soars, Clorox Sinks, Centene Rallies

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/65644773-3fd4-47c5-ace2-b43d0164a5d4/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 Greifeld, Carol Massar and Tim Stenovec.

- Apple (AAPL) delivered a surprisingly strong revenue forecast for the third quarter, even as it warned that memory-chip costs will increase and that shortages of Mac computers will persist for “several months.” Sales will rise 14% to 17% in the period, which runs through June, the company said during a post-earnings conference call Thursday. That range trounced the 9.1% that analysts had anticipated on average, helping send the shares rallying in New York on Friday. 

- Oracle (ORCL) has officially agreed to join the list of AI companies working with the Pentagon’s classified networks, according to a post by the Pentagon’s undersecretary for research and engineering on X. Shares of the company high session highs directly following the announcement.

- Roblox (RBLX) shares plunged the most in more than four years on Friday after the video game company reported fewer daily users in the first quarter than analysts expected, due to safety features it implemented to restrict how kids can use the platform.

Today's biggest winners and losers in the stock market. On this episode of Stock Movers:&nbsp; Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. - Apple (AAPL) delivered a surprisingly strong revenue forecast for the third quarter, even as it warned that memory-chip costs will increase and that shortages of Mac computers will persist for &ldquo;several months.&rdquo; Sales will rise 14% to 17% in the period, which runs through June, the company said during a post-earnings conference call Thursday. That range trounced the 9.1% that analysts had anticipated on average, helping send the shares rallying in New York on Friday. - Oracle (ORCL) has officially agreed to join the list of AI companies working with the Pentagon&rsquo;s classified networks, according to a post by the Pentagon&rsquo;s undersecretary for research and engineering on X. Shares of the company high session highs directly following the announcement. - Roblox (RBLX) shares plunged the most in more than four years on Friday after the video game company reported fewer daily users in the first quarter than analysts expected, due to safety features it implemented to restrict how kids can use the platform.

Closing Bell: Apple Rallies, Oracle Soars, Roblox Sells Off

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3ad55152-4412-44a1-9e62-b43d01594c6f/transcript

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

On this episode of Stock Movers, we recap several earnings after the bell:
Chevron (CVX) fell after it reported first-quarter results that analysts see as “messy” with large paper losses from commodity prices, but adjusted earnings per share that beat on downstream strength
Riot Platforms (RIOT) shares rose as much as 12% to the highest price since January after it reported first-quarter total revenue that beat the average analyst estimate as Advanced Micro Devices expanded its data center lease with the company.
Spirit Airlines (FLYQ) shares fell as the budget airline prepares to shutdown. President Donald Trump said he delivered a final proposal to rescue Spirit Aviation Holdings Inc. but would only proceed if it’s a good deal for the US government — comments that cloud the fate of any bailout as the low-budget carrier lays the groundwork to end operations.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers, we recap several earnings after the bell:
<ul>
<li>Chevron (CVX) fell after it reported first-quarter results that analysts see as &ldquo;messy&rdquo; with large paper losses from commodity prices, but adjusted earnings per share that beat on downstream strength</li>
<li>Riot Platforms (RIOT) shares rose as much as 12% to the highest price since January after it reported first-quarter total revenue that beat the average analyst estimate as Advanced Micro Devices expanded its data center lease with the company.</li>
<li>Spirit Airlines (FLYQ) shares fell as the budget airline prepares to shutdown. President Donald Trump said he delivered a final proposal to rescue Spirit Aviation Holdings Inc. but would only proceed if it&rsquo;s a good deal for the US government &mdash; comments that cloud the fate of any bailout as the low-budget carrier lays the groundwork to end operations.</li>
</ul>

Chevron Falls on 'Messy' Quarter Results, Riot Platforms Higher, Spirit Airlines Nears Shutdown

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/9b574660-170a-4435-b430-b43d013cc83b/transcript

Closing Bell: Big Banks Soar, Zoom Rallies, Intuit Falls

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