On this episode of Stock Movers:
- Coca-Cola HBC shares fell as it said it will buy a majority stake in Coca-Cola Beverages Africa.
- Nordnet slid after it reported adjusted operating profit for 3Q that missed the average analyst estimate.
- Edenred shares registered their biggest intraday spike on record, after the digital platform for services and payments reported better 3Q revenue growth than anticipated.

On this episode of Stock Movers: - Coca-Cola HBC shares fell as it said it will buy a majority stake in Coca-Cola Beverages Africa. - Nordnet slid after it reported adjusted operating profit for 3Q that missed the average analyst estimate. - Edenred shares registered their biggest intraday spike on record, after the digital platform for services and payments reported better 3Q revenue growth than anticipated.

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

Coca-Cola HBC Falls, Husqvarna Slumps, Edenred Soars

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c9f64ff7-d13f-4cdf-83c4-b37d0089566b/transcript

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Uber Technologies (UBER) is higher after cutting about 3,300 roles, or 10% of its staff globally, in a massive restructuring aimed at reducing management layers and reallocating spending into its ride-sharing, delivery and robotaxi businesses. The stock is down 6% YTD.

- PG&E (PCG) plans to defer about $2 billion of investments next year as part of a strategic review of its businesses, a move that comes after it said a proposed revamp of California’s wildfire response didn’t do enough to protect the company and its peers from the cost of such disasters.

- Sphere Entertainment (SPHR) shares rose as much as 4.5% on Wednesday after Guggenheim raised the price target on the company to a Street-high $208 from $193. Analyst Curry Baker says SPHR shares have been under pressure the last two weeks due to soft August Ticketmaster data and weak August tourism in the Las Vegas market

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Uber Technologies (UBER) is higher after cutting about 3,300 roles, or 10% of its staff globally, in a massive restructuring aimed at reducing management layers and reallocating spending into its ride-sharing, delivery and robotaxi businesses. The stock is down 6% YTD.
- PG&amp;E (PCG) plans to defer about $2 billion of investments next year as part of a strategic review of its businesses, a move that comes after it said a proposed revamp of California&rsquo;s wildfire response didn&rsquo;t do enough to protect the company and its peers from the cost of such disasters.
- Sphere Entertainment (SPHR) shares rose as much as 4.5% on Wednesday after Guggenheim raised the price target on the company to a Street-high $208 from $193. Analyst Curry Baker says SPHR shares have been under pressure the last two weeks due to soft August Ticketmaster data and weak August tourism in the Las Vegas market

Uber to Cut 3,300 Jobs, PG&E Falls, Sphere Gains on Raised Price Target

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7656db3d-49b6-48c7-bde3-b4b9013a8493/transcript

On this episode of Stock Movers:

- Dell (DELL) shares jumped after the company boosted its annual sales forecast by $25 billion due to surging demand for servers to run artificial intelligence tasks. Revenue in the fiscal year ending in January 2027 will be about $192 billion, including $74 billion from the sale of AI servers, which is up from an outlook in May of about $167 billion.

- Palo Alto Networks (PANW) shares shares slide as much as 9.5% in intraday trading, the most since February, after the cybersecurity firm reported recurring revenue that beat analyst estimates but fell short of elevated investor expectations. 

- Eos Energy (EOSE) shares rise after the company, MN8 Energy and Alphabet’s Google announced a project that will use 10 MW of Eos’ zinc-based energy storage products. The collaboration will deliver a combined 86 MW of solar, 10 MW of zinc-based long-duration energy storage and 70 MW of lithium-ion energy storage in West Virginia.

On this episode of Stock Movers:
- Dell (DELL) shares jumped after the company boosted its annual sales forecast by $25 billion due to surging demand for servers to run artificial intelligence tasks. Revenue in the fiscal year ending in January 2027 will be about $192 billion, including $74 billion from the sale of AI servers, which is up from an outlook in May of about $167 billion.
- Palo Alto Networks (PANW) shares shares slide as much as 9.5% in intraday trading, the most since February, after the cybersecurity firm reported recurring revenue that beat analyst estimates but fell short of elevated investor expectations.&nbsp;
- Eos Energy (EOSE) shares rise after the company, MN8 Energy and Alphabet&rsquo;s Google announced a project that will use 10 MW of Eos&rsquo; zinc-based energy storage products. The collaboration will deliver a combined 86 MW of solar, 10 MW of zinc-based long-duration energy storage and 70 MW of lithium-ion energy storage in West Virginia.

Dell Jumps, Palo Alto Networks Drops, Eos Energy Rises on Power Project With Google, MN8

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/42a61f9d-e5e1-4839-b5c3-b4b900fa2a3d/transcript

On this episode of Stock Movers:

- Dell (DELL) shares jumped after the company boosted its annual sales forecast by $25 billion due to surging demand for servers to run artificial intelligence tasks. Revenue in the fiscal year ending in January 2027 will be about $192 billion, including $74 billion from the sale of AI servers, which is up from an outlook in May of about $167 billion.

- GitLab (GTLB) shares rally after the software company’s second-quarter results beat expectations at the same time as the company boosted its full-year forecast.

- FuelCell (FCEL) shares fall. The renewable energy equipment company reported third-quarter results that were weaker than expected on key metrics.

On this episode of Stock Movers:
- Dell (DELL) shares jumped after the company boosted its annual sales forecast by $25 billion due to surging demand for servers to run artificial intelligence tasks. Revenue in the fiscal year ending in January 2027 will be about $192 billion, including $74 billion from the sale of AI servers, which is up from an outlook in May of about $167 billion.
- GitLab (GTLB) shares rally after the software company&rsquo;s second-quarter results beat expectations at the same time as the company boosted its full-year forecast.
- FuelCell (FCEL) shares fall. The renewable energy equipment company reported third-quarter results that were weaker than expected on key metrics.

Dell Rises, GitLab Gains, FuelCell Falls as Third-Quarter Results Miss Expectations

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d602fb42-2385-4dae-a9ef-b4b900f1eb10/transcript

Coca-Cola HBC Falls, Husqvarna Slumps, Edenred Soars

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