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, Tim Stenovec and Carol Massar.

On this episode of Stock Movers:

- Tesla (TSLA) shares rose around 3.5% increasing to $475 a share and coming close to being the first all-time high close for the stock this year.

- ServiceNow (NOW) took the biggest hit in the S&P 500, falling 11% after reports that the company is in talks to purchase cybersecurity startup Armis in a deal valued around $7 billion.

- Zillow (Z) and CoStar (CSGP) the company that owns the website Homes.com, both saw their stock price fall as Google starts to test its new real estate advertising format that could rival websites like Zillow and Homes.com.

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, Tim Stenovec and Carol Massar.
On this episode of Stock Movers:
- Tesla (TSLA) shares rose around 3.5% increasing to $475 a share and coming close to being the first all-time high close for the stock this year.
- ServiceNow (NOW) took the biggest hit in the S&amp;P 500, falling 11% after reports that the company is in talks to purchase cybersecurity startup Armis in a deal valued around $7 billion.
- Zillow (Z) and CoStar (CSGP) the company that owns the website Homes.com, both saw their stock price fall as Google starts to test its new real estate advertising format that could rival websites like Zillow and Homes.com.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Closing Bell: Tesla Gains, ServiceNow Plummets,  Zillow and CoStar Take Hits Amid Google's New Real Estate Advertising Format

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/dbe6d2f8-059d-4afc-a677-b3b401610abf/transcript

On this episode of Stock Movers:
- Lennar (LEN) shares fall. Builder Lennar Corp.’s forecast for quarterly home orders missed analysts’ estimates as affordability pressures and the weakening job market pushes buyers to the sidelines. The company projected 18,000 to 19,000 signed contracts for its fiscal first quarter, according to a statement Tuesday. Analysts expected 20,297, the average in a survey compiled by Bloomberg.
- Frontier Group (ULCC) shares rise. Bankrupt Spirit Aviation Holdings Inc. is in revived discussions to merge with Frontier Group Holdings, people familiar with the matter said, in a deal that could rescue the deep-discount airline from insolvency at a time of stiff competition from larger US carriers.
- Oracle (ORCL) shares fall after the company said final negotiations on an equity deal for a data center project in Michigan are “on schedule” and doesn’t include Blue Owl Capital, a firm that has helped finance massive data center projects for firms including Oracle and Meta Platforms Inc. in recent months.

On this episode of Stock Movers: - Lennar (LEN) shares fall. Builder Lennar Corp.&rsquo;s forecast for quarterly home orders missed analysts&rsquo; estimates as affordability pressures and the weakening job market pushes buyers to the sidelines. The company projected 18,000 to 19,000 signed contracts for its fiscal first quarter, according to a statement Tuesday. Analysts expected 20,297, the average in a survey compiled by Bloomberg. - Frontier Group (ULCC) shares rise. Bankrupt Spirit Aviation Holdings Inc. is in revived discussions to merge with Frontier Group Holdings, people familiar with the matter said, in a deal that could rescue the deep-discount airline from insolvency at a time of stiff competition from larger US carriers. - Oracle (ORCL) shares fall after the company said final negotiations on an equity deal for a data center project in Michigan are &ldquo;on schedule&rdquo; and doesn&rsquo;t include Blue Owl Capital, a firm that has helped finance massive data center projects for firms including Oracle and Meta Platforms Inc. in recent months.

Lennar Falls, Frontier Group Rises, Oracle Drops After Saying Blue Owl Not in Michigan Deal

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8580ef26-09e4-49a1-bdd6-b3b6010a69ea/transcript

On this episode of Stock Movers:
- General Mills (GLS) shares rise after chief executive Jeff Harmening said consumers are buying food on sale due to economic pressures. The company has lowered prices across roughly two-thirds of its North American retail business to boost sales.
- Oracle (ORCL) shares fall after the company said final negotiations on an equity deal for a data center project in Michigan are “on schedule” and doesn’t include Blue Owl Capital, a firm that has helped finance massive data center projects for firms including Oracle and Meta Platforms Inc. in recent months. 
- Nvidia (NVDA) shares drop after news that OpenAI is in initial discussions to raise at least $10 billion from Amazon.com Inc. and use its chips, a potential win for the online retailer’s effort to broaden its AI industry presence and compete with Nvidia.

On this episode of Stock Movers: - General Mills (GLS) shares rise after chief executive Jeff Harmening said consumers are buying food on sale due to economic pressures. The company has lowered prices across roughly two-thirds of its North American retail business to boost sales. - Oracle (ORCL) shares fall after the company said final negotiations on an equity deal for a data center project in Michigan are &ldquo;on schedule&rdquo; and doesn&rsquo;t include Blue Owl Capital, a firm that has helped finance massive data center projects for firms including Oracle and Meta Platforms Inc. in recent months. - Nvidia (NVDA) shares drop after news that OpenAI is in initial discussions to raise at least $10 billion from Amazon.com Inc. and use its chips, a potential win for the online retailer&rsquo;s effort to broaden its AI industry presence and compete with Nvidia.

General Mills Rises, Oracle Falls, Nvidia Drops on News of OpenAI, Amazon Talks

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/aea8b71d-31cf-4cf1-8ac0-b3b600fbac58/transcript

On this episode of Stock Movers:
- Shares of Netflix (NFLX) moved higher in premarket trading as Warner Bros. Discovery plans to reject Paramount Skydance’s takeover bid due to concerns about financing and other terms, according to sources. After deliberating and reviewing Paramount’s bid, Warner Bros.’ board will urge shareholders to reject the tender offer, said the people, who asked not to be identified discussing confidential information. The board still views the company’s existing agreement with streaming leader Netflix as offering greater value, certainty and terms than what Paramount has proposed.
- Shares of Frontier Group Holdings (ULCC) soared in the early session with bankrupt Spirit Aviation Holdings in revived discussions to merge with the parent of the eponymous airline in a deal that could rescue the deep-discount airline from insolvency at a time of stiff competition from larger US carriers, according to people familiar. A merger between the airlines would mark a significant step for Spirit, which filed its second bankruptcy in less than a year in August. A tie-up would also be an acknowledgment that the pioneering deep-discount carriers need greater heft to compete in the current industry environment.
- Shares of Lennar (LEN) declined ahead of the US market open after the homebuilder forecast 1Q orders, deliveries and margins all below expectations, signaling strains on the housing market despite a lower interest rate. The builder also posted lower-than-expected orders and margins for 4Q.

On this episode of Stock Movers: - Shares of Netflix (NFLX) moved higher in premarket trading as Warner Bros. Discovery plans to reject Paramount Skydance&rsquo;s takeover bid due to concerns about financing and other terms, according to sources. After deliberating and reviewing Paramount&rsquo;s bid, Warner Bros.&rsquo; board will urge shareholders to reject the tender offer, said the people, who asked not to be identified discussing confidential information. The board still views the company&rsquo;s existing agreement with streaming leader Netflix as offering greater value, certainty and terms than what Paramount has proposed. - Shares of Frontier Group Holdings (ULCC) soared in the early session with bankrupt Spirit Aviation Holdings in revived discussions to merge with the parent of the eponymous airline in a deal that could rescue the deep-discount airline from insolvency at a time of stiff competition from larger US carriers, according to people familiar. A merger between the airlines would mark a significant step for Spirit, which filed its second bankruptcy in less than a year in August. A tie-up would also be an acknowledgment that the pioneering deep-discount carriers need greater heft to compete in the current industry environment. - Shares of Lennar (LEN) declined ahead of the US market open after the homebuilder forecast 1Q orders, deliveries and margins all below expectations, signaling strains on the housing market despite a lower interest rate. The builder also posted lower-than-expected orders and margins for 4Q.

Netflix Moves Higher; Frontier Soars; Lennar Declines

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/b76357ec-7c30-4b3e-8f3c-b3b600ee39e6/transcript

Closing Bell: Tesla Gains, ServiceNow Plummets, Zillow and CoStar Take Hits Amid Google's New Real Estate Advertising Format

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