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, Bailey Lipshultz, Carol Massar and Tim Stenovec
- Block (XYZ) shares rally 17% after the financial technology company said it was reducing its workforce by nearly half in a bet on AI.
- Netflix (NFLX) shares rise 8.5% after the streaming giant dropped out of the fight to buy Warner Bros. Discovery, effectively ending the bidding war for the Hollywood studio.
- Shares of Blue Owl Capital (OWL) are on track for their biggest monthly decline in nearly four years, as investor anxiety grows over turbulence in the $1.8 trillion private credit industry. Blue Owl’s stock is down 18% so far in February, putting it on pace for the worst monthly performance since June 2022, according to data compiled by Bloomberg.

Accenture Gains, Warner Bros. Rises on Paramount Settlement, Critical Metals Trades Higher
04:49

Paramount to Settle Lawsuits Over Merger; Accenture Gains on Anthropic Pact; HP Falls
04:18

Strategy Makes First Purchase of Bitcoin Since August; Paramount to Settle Lawsuits; Critical Metals Shares Rise
02:41