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 Bostic, Carol Massar and Tim Stenovec

- GoDaddy (GDDY) shares are up 12% on Thursday, after the Financial Times reported that Gen Digital made a takeover offer for the domain-registry company. The report cited people familiar with the matter. The talks are at an early stage and may not lead to a deal, the FT said, citing people familiar with the matter who it didn’t name. A combination would be transformational for Gen Digital, which has a market value of almost $16 billion at its last close. GoDaddy, which controls about 81 million web domains, was valued at about $12 billion as of Wednesday. Gen Digital and GoDaddy declined to comment to the FT.

- Oracle (ORCL) sent a notice citing force majeure to the project's developer, a unit of Blue Owl Capital Inc., regarding a massive data center being built in New Mexico. The notice is an attempt to put off payments if the data center, dubbed Project Jupiter, gets derailed and fails to come online as planned, according to people familiar with the situation. A force majeure event tied to meeting power commitments could result in a delay on rent for Oracle, but the company would still have to pay other costs and owe the rent for the full lease term once payments begin.

- MGM Resorts International's (MGM) shares tumbled early Thursday after digital and print media company People (PPLI) withdrew its buyout proposal for the casino operator. In early June, People submitted a nonbinding offer to purchase all the shares it didn't already own in MGM Resorts for $48.30 apiece in cash. The media conglomerate holds a roughly 27% stake in the casino operator.

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 Bostic, Carol Massar and Tim Stenovec - GoDaddy (GDDY) shares are up 12% on Thursday, after the Financial Times reported that Gen Digital made a takeover offer for the domain-registry company. The report cited people familiar with the matter. The talks are at an early stage and may not lead to a deal, the FT said, citing people familiar with the matter who it didn&rsquo;t name. A combination would be transformational for Gen Digital, which has a market value of almost $16 billion at its last close. GoDaddy, which controls about 81 million web domains, was valued at about $12 billion as of Wednesday. Gen Digital and GoDaddy declined to comment to the FT. - Oracle (ORCL) sent a notice citing force majeure to the project's developer, a unit of Blue Owl Capital Inc., regarding a massive data center being built in New Mexico. The notice is an attempt to put off payments if the data center, dubbed Project Jupiter, gets derailed and fails to come online as planned, according to people familiar with the situation. A force majeure event tied to meeting power commitments could result in a delay on rent for Oracle, but the company would still have to pay other costs and owe the rent for the full lease term once payments begin. - MGM Resorts International's (MGM) shares tumbled early Thursday after digital and print media company People (PPLI) withdrew its buyout proposal for the casino operator. In early June, People submitted a nonbinding offer to purchase all the shares it didn't already own in MGM Resorts for $48.30 apiece in cash. The media conglomerate holds a roughly 27% stake in the casino operator.

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.

Closing Bell: GoDaddy Jumps, Oracle Drops on Force Majeure, MGM Resorts Tumbles

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