Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Matt Miller, Katie Greifeld, David Gura and Carol Massar.

On this episode of Stock Movers:

- United Airlines (UAL) is rising in the afterhours after after reporting better-than-expected earnings for the third quarter. The company expects brand-loyal flyers and demand for its premium seats to drive profit through the end of the year, maintaining momentum.

- Bank of America (BAC) closed higher after reporting earnings. It reported trading revenue excluding DVA for the third quarter that beat the average analyst estimate. Net interest income also came in $15.23 billion compared to the estimate of $15.03 billion.

- Northrop Grumman (NOC) and Lockheed Martin (LMT) were two of the defense stocks that fell Wednesday after Treasury Secretary Scott Bessent said the US might ask defense companies to do less buybacks. Northrop Grumman is the most in four months on the news.

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Matt Miller, Katie Greifeld, David Gura and Carol Massar.
On this episode of Stock Movers:
- United Airlines (UAL) is rising in the afterhours after after reporting better-than-expected earnings for the third quarter. The company expects brand-loyal flyers and demand for its premium seats to drive profit through the end of the year, maintaining momentum.
- Bank of America (BAC) closed higher after reporting earnings. It reported trading revenue excluding DVA for the third quarter that beat the average analyst estimate. Net interest income also came in $15.23 billion compared to the estimate of $15.03 billion.
- Northrop Grumman (NOC) and Lockheed Martin (LMT) were two of the defense stocks that fell Wednesday after Treasury Secretary Scott Bessent said the US might ask defense companies to do less buybacks. Northrop Grumman is the most in four months on the news.

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: United Airlines Earnings, Bank of America Reports, Defense Stocks Fall

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d0bf1446-067d-4e6d-bc53-b3770154d991/transcript

On this episode of Stock Movers:

- Nvidia (NVDA) agreed to a licensing deal with artificial intelligence startup Groq, furthering its investments in companies connected to the AI boom and gaining the right to add a new type of technology to its products. The world’s largest publicly traded company has paid for the right to use Groq’s technology and will integrate its chip design into future products. The deal was reported on after the end of the trading day on Christmas Eve. Shares of Nvidia rallied when trading resumed on Friday.

- Shares of mining companies like Coeur (CDE) and Freeport (FCX) are higher in trading Friday as gold, silver and platinum jumped to all-time highs and copper surged to a record in Shanghai and rallied in New York. Spot gold rose as much as 1.2% to a peak above $4,530 an ounce on Friday. Spot silver for immediate delivery advanced for a fifth session, climbing as much as 5% to cross $75 an ounce.

- Tesla (TSLA)'s ’s door handles are facing renewed scrutiny in the US after federal auto safety regulators opened a probe into the emergency releases in certain Model 3 vehicles. The National Highway Traffic Safety Administration said it’s evaluating claims that the mechanical door release “is hidden, unlabeled, and not intuitive to locate during an emergency,” according to a filing on the agency’s website. The move stems from a petition filed by Kevin Clouse, a Tesla owner in Georgia who says he was trapped in his vehicle in 2023 and requested a defect investigation. NHTSA said it hasn’t decided whether to grant or deny the petition. Shares of the Elon Musk-run EV maker fell in trading on Friday.

On this episode of Stock Movers: - Nvidia (NVDA) agreed to a licensing deal with artificial intelligence startup Groq, furthering its investments in companies connected to the AI boom and gaining the right to add a new type of technology to its products. The world&rsquo;s largest publicly traded company has paid for the right to use Groq&rsquo;s technology and will integrate its chip design into future products. The deal was reported on after the end of the trading day on Christmas Eve. Shares of Nvidia rallied when trading resumed on Friday. - Shares of mining companies like Coeur (CDE) and Freeport (FCX) are higher in trading Friday as gold, silver and platinum jumped to all-time highs and copper surged to a record in Shanghai and rallied in New York. Spot gold rose as much as 1.2% to a peak above $4,530 an ounce on Friday. Spot silver for immediate delivery advanced for a fifth session, climbing as much as 5% to cross $75 an ounce. - Tesla (TSLA)'s &rsquo;s door handles are facing renewed scrutiny in the US after federal auto safety regulators opened a probe into the emergency releases in certain Model 3 vehicles. The National Highway Traffic Safety Administration said it&rsquo;s evaluating claims that the mechanical door release &ldquo;is hidden, unlabeled, and not intuitive to locate during an emergency,&rdquo; according to a filing on the agency&rsquo;s website. The move stems from a petition filed by Kevin Clouse, a Tesla owner in Georgia who says he was trapped in his vehicle in 2023 and requested a defect investigation. NHTSA said it hasn&rsquo;t decided whether to grant or deny the petition. Shares of the Elon Musk-run EV maker fell in trading on Friday.

Nvidia Rallies on Deal For AI Startup, Mining Stocks Soar, Tesla Slides 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/42b03737-4b27-4011-855c-b3bf01209943/transcript

On this episode of Stock Movers:
- Shares of Nvidia (NVDA) edge higher in the premarket session as the company agreed to a licensing deal with artificial intelligence startup Groq, furthering its investments in companies connected to the AI boom and gaining the right to add a new type of technology to its products.
- Shares of Indian technology services provider Coforge Ltd. (COFORGE IN) declined ahead of the US market open after the company agreed to buy Encora at an enterprise value of $2.35 billion in an all-stock deal, adding artificial intelligence, data and product engineering expertise. Encora’s shareholders, including Advent International and Warburg Pincus, will get about 20% stake in Coforge through a share swap. Coforge will issue 93.8 million shares at 1,815.91 rupees each to shareholders of Encora at equity value of $1.89 billion. The deal is expected to close in six months.
- Shares of Biohaven (BHVN) fell as much 14 percent in US premarket trading after a mid-stage study of the company’s experimental drug BHV-7000 for the treatment of major depressive disorder missed the primary endpoint. Trends favoring BHV-7000 were observed in some clinically relevant subgroups, including participants with more severe depression at screening and baseline, on primary and secondary outcome measures.

On this episode of Stock Movers: - Shares of Nvidia (NVDA) edge higher in the premarket session as the company agreed to a licensing deal with artificial intelligence startup Groq, furthering its investments in companies connected to the AI boom and gaining the right to add a new type of technology to its products. - Shares of Indian technology services provider Coforge Ltd. (COFORGE IN) declined ahead of the US market open after the company agreed to buy Encora at an enterprise value of $2.35 billion in an all-stock deal, adding artificial intelligence, data and product engineering expertise. Encora&rsquo;s shareholders, including Advent International and Warburg Pincus, will get about 20% stake in Coforge through a share swap. Coforge will issue 93.8 million shares at 1,815.91 rupees each to shareholders of Encora at equity value of $1.89 billion. The deal is expected to close in six months. - Shares of Biohaven (BHVN) fell as much 14 percent in US premarket trading after a mid-stage study of the company&rsquo;s experimental drug BHV-7000 for the treatment of major depressive disorder missed the primary endpoint. Trends favoring BHV-7000 were observed in some clinically relevant subgroups, including participants with more severe depression at screening and baseline, on primary and secondary outcome measures.

Nvidia Agrees to Groq Licensing Deal; India's Coforge Buys Encora; Biohaven Tumbles

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/f185b0fc-02b7-44c6-a3bb-b3bf00e93a07/transcript

On this episode of Stock Movers:
- Shares of Nvidia (NVDA) edge higher in the premarket session as the company takes agreed to a licensing deal with artificial intelligence startup Groq, furthering its investments in companies connected to the AI boom and gaining the right to add a new type of technology to its products. 
- Shares of Sidus Space (SIDU) rallied as much as 30 percent ahead of the US market open after the Cape Canaveral, Florida-based space and defense tech company announced plans to raise capital through a public offering of its Class A common stock and or pre-funded warrants.
- Shares of Biohaven (BHVN) fell as much 14 percent in US premarket trading after a mid-stage study of the company’s experimental drug BHV-7000 for the treatment of major depressive disorder missed the primary endpoint. Trends favoring BHV-7000 were observed in some clinically relevant subgroups, including participants with more severe depression at screening and baseline, on primary and secondary outcome measures.

On this episode of Stock Movers: - Shares of Nvidia (NVDA) edge higher in the premarket session as the company takes agreed to a licensing deal with artificial intelligence startup Groq, furthering its investments in companies connected to the AI boom and gaining the right to add a new type of technology to its products. - Shares of Sidus Space (SIDU) rallied as much as 30 percent ahead of the US market open after the Cape Canaveral, Florida-based space and defense tech company announced plans to raise capital through a public offering of its Class A common stock and or pre-funded warrants. - Shares of Biohaven (BHVN) fell as much 14 percent in US premarket trading after a mid-stage study of the company&rsquo;s experimental drug BHV-7000 for the treatment of major depressive disorder missed the primary endpoint. Trends favoring BHV-7000 were observed in some clinically relevant subgroups, including participants with more severe depression at screening and baseline, on primary and secondary outcome measures.

Nvidia Edges Higher; Sidus Space Rallies; Biohaven Slips on Study

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/022de151-e912-4b2c-9c2c-b3bf00c914c4/transcript

Closing Bell: United Airlines Earnings, Bank of America Reports, Defense Stocks Fall

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