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, Isabelle Lee, Emily Graffeo and Tim Stenovec.

- The Trump administration has agreed to award $1 billion to International Business Machines (IBM) to build a foundry for producing quantum computing chips, part of a broad strategy to bolster US leadership in an emerging industry. The news sent shares of IBM up as much as 11% in New York on Thursday, marking the biggest intraday gain in more than a year.

- Ralph Lauren (RL) surged after it reported revenue and profit that beat analyst expectations, demonstrating the high-end apparel company’s momentum with consumers in the face of ongoing tariff uncertainty. Shares rose 10%, the most intraday since April 2025, at 10:18 a.m. in Thursday trading in New York. The stock has declined 6.9% for the year through Wednesday’s close.

-Walmart (WMT) shares are down 2.9% ahead of the bell after the retailer’s forecast for adjusted earnings per share for the second quarter fell short of the consensus estimate. The company maintained its annual forecasts, though the Street estimate for adjusted EPS sits 7c above the top end of the guidance range.

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, Isabelle Lee, Emily Graffeo and Tim Stenovec.
- The Trump administration has agreed to award $1 billion to International Business Machines (IBM) to build a foundry for producing quantum computing chips, part of a broad strategy to bolster US leadership in an emerging industry. The news sent shares of IBM up as much as 11% in New York on Thursday, marking the biggest intraday gain in more than a year.
- Ralph Lauren (RL) surged after it reported revenue and profit that beat analyst expectations, demonstrating the high-end apparel company&rsquo;s momentum with consumers in the face of ongoing tariff uncertainty. Shares rose 10%, the most intraday since April 2025, at 10:18 a.m. in Thursday trading in New York. The stock has declined 6.9% for the year through Wednesday&rsquo;s close.
-Walmart (WMT) shares are down 2.9% ahead of the bell after the retailer&rsquo;s forecast for adjusted earnings per share for the second quarter fell short of the consensus estimate. The company maintained its annual forecasts, though the Street estimate for adjusted EPS sits 7c above the top end of the guidance range.

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: IMB Gains, Ralph Lauren Jumps, Walmart Slides

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d9aed9ab-487f-4a80-ae20-b4510151e30a/transcript