Today's biggest winners and losers in the stock market, a look at the notable movers: 
On this episode of Stock Movers:

- CVS Health Corp. (CVS) plans to spin off its retail pharmacy business into a new company called CVS Pharmacy in the first half of 2028. The move will separate the drugstore business from the Aetna insurance unit and Caremark prescription benefits division, with both companies to be publicly traded. CVS shares plunged as much as 15% in New York on Wednesday after the announcement, which marks a shift away from the long-term trend of consolidation among major healthcare companies. CVS shares plunged as much as 15% in New York on Wednesday, erasing much of their gain for the year.

- Skyworks (SWKS) shares are down after the semiconductor device company’s outlook missed expectations due to weakness in the smartphone market. The company is a supplier to Apple, and gets 67% of its revenue from the iPhone maker, according to supply chain data compiled by Bloomberg Intelligence

- Technology megacaps rallied, leading the broader stock market higher, as Democrats swept to power in Congress and President Donald Trump said he would accept the midterm results. The S&P 500 Index jumped, positioning the benchmark for a second-straight session of gains, and the Nasdaq 100 Index advanced, with Amazon (AMZN), Apple (AAPL) and Microsoft (MSFT) rallying more than 6% apiece.

Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers: - CVS Health Corp. (CVS) plans to spin off its retail pharmacy business into a new company called CVS Pharmacy in the first half of 2028. The move will separate the drugstore business from the Aetna insurance unit and Caremark prescription benefits division, with both companies to be publicly traded. CVS shares plunged as much as 15% in New York on Wednesday after the announcement, which marks a shift away from the long-term trend of consolidation among major healthcare companies. CVS shares plunged as much as 15% in New York on Wednesday, erasing much of their gain for the year. - Skyworks (SWKS) shares are down after the semiconductor device company&rsquo;s outlook missed expectations due to weakness in the smartphone market. The company is a supplier to Apple, and gets 67% of its revenue from the iPhone maker, according to supply chain data compiled by Bloomberg Intelligence - Technology megacaps rallied, leading the broader stock market higher, as Democrats swept to power in Congress and President Donald Trump said he would accept the midterm results. The S&amp;P 500 Index jumped, positioning the benchmark for a second-straight session of gains, and the Nasdaq 100 Index advanced, with Amazon (AMZN), Apple (AAPL) and Microsoft (MSFT) rallying more than 6% apiece.

Listen for Short 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 Short 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

Listen for short 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 short 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.

CVS Sinks on Spinoff, Skyworks Drops, Megacaps Rebound

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/af44e4f4-e5a1-4937-9cd5-b4f8016b0de8/transcript

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, Tim Stenovec, Carol Massar

- Qualcomm (QCOM) gave a quarterly sales forecast of $10.4 billion to $11.2 billion in the three months ending in December. Demand from manufacturers of vehicles and data center gear is helping make up for a slowdown in the smartphone market. Revenue from the phone market tumbled 26% last quarter to $5.14 billion, while revenue from the vehicle electronics market grew 89% to $2 billion. Shares of Qualcomm rose about 4% in extended trading following the announcement. They had been up 1.3% this year through the close.

- Arm Holdings (ARM) gave a revenue forecast for the current period that met analysts’ estimates, a sign its push into data center computing is helping offset a slump in the smartphone market. Sales will be about $1.54 billion in the fiscal third quarter, which runs through December, the company said in a statement Wednesday. The company expects its new central processing unit to generate up to $2 billion in revenue during fiscal 2027 and 2028, with Chief Executive Officer Rene Haas saying he’s more confident the company can achieve that revenue level.

- Expedia Group (EXPE) raised its 2026 outlook as travel demand remains robust, defying soaring airfares and global uncertainty. The online travel platform expects gross bookings to jump 10% in 2026 and increased its full-year targets for revenue and adjusted earnings before interest, taxes, depreciation and amortization margin. Chief Executive Officer Ariane Gorin said consumers continue to prioritize travel, with the US being a particularly bright spot and the higher end of the market performing strongly.

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, Tim Stenovec, Carol Massar - Qualcomm (QCOM) gave a quarterly sales forecast of $10.4 billion to $11.2 billion in the three months ending in December. Demand from manufacturers of vehicles and data center gear is helping make up for a slowdown in the smartphone market. Revenue from the phone market tumbled 26% last quarter to $5.14 billion, while revenue from the vehicle electronics market grew 89% to $2 billion. Shares of Qualcomm rose about 4% in extended trading following the announcement. They had been up 1.3% this year through the close. - Arm Holdings (ARM) gave a revenue forecast for the current period that met analysts&rsquo; estimates, a sign its push into data center computing is helping offset a slump in the smartphone market. Sales will be about $1.54 billion in the fiscal third quarter, which runs through December, the company said in a statement Wednesday. The company expects its new central processing unit to generate up to $2 billion in revenue during fiscal 2027 and 2028, with Chief Executive Officer Rene Haas saying he&rsquo;s more confident the company can achieve that revenue level. - Expedia Group (EXPE) raised its 2026 outlook as travel demand remains robust, defying soaring airfares and global uncertainty. The online travel platform expects gross bookings to jump 10% in 2026 and increased its full-year targets for revenue and adjusted earnings before interest, taxes, depreciation and amortization margin. Chief Executive Officer Ariane Gorin said consumers continue to prioritize travel, with the US being a particularly bright spot and the higher end of the market performing strongly.

Closing Bell: Earnings from Arm, Qualcomm, Expedia

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a70e5313-0ed0-41da-8f1a-b4f8015eb8a5/transcript

Today's biggest winners and losers in the stock market, a look at the notable movers: 
On this episode of Stock Movers:

- CVS Health Corp. (CVS) plans to spin off its retail pharmacy business into a new company called CVS Pharmacy in the first half of 2028. The move will separate the drugstore business from the Aetna insurance unit and Caremark prescription benefits division, with both companies to be publicly traded. CVS shares plunged as much as 15% in New York on Wednesday after the announcement, which marks a shift away from the long-term trend of consolidation among major healthcare companies. CVS shares plunged as much as 15% in New York on Wednesday, erasing much of their gain for the year.

- Duolingo's (DUOL) stock price was trading up 35% on a key metric despite a narrow miss on earnings. The company reported growth in engagement, with daily active users rising 29% from a year ago to 64.9 million. Duolingo's CEO said the company's strategy of prioritizing teaching better and user growth is paying off, with bookings up 12% to $316 million.

- McDonald’s (MCD) US sales fell less than feared in the third quarter as diners spent more per visit, offsetting a traffic decline. Comparable sales slumped 0.2% in the period, a smaller contraction than the average of analyst estimates compiled by Bloomberg. McDonald’s is trying a new approach to value to replace a menu of items under $3 that disappointed, and is moving away from short-term promotions toward programs that customers have responded well to.

Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers: - CVS Health Corp. (CVS) plans to spin off its retail pharmacy business into a new company called CVS Pharmacy in the first half of 2028. The move will separate the drugstore business from the Aetna insurance unit and Caremark prescription benefits division, with both companies to be publicly traded. CVS shares plunged as much as 15% in New York on Wednesday after the announcement, which marks a shift away from the long-term trend of consolidation among major healthcare companies. CVS shares plunged as much as 15% in New York on Wednesday, erasing much of their gain for the year. - Duolingo's (DUOL) stock price was trading up 35% on a key metric despite a narrow miss on earnings. The company reported growth in engagement, with daily active users rising 29% from a year ago to 64.9 million. Duolingo's CEO said the company's strategy of prioritizing teaching better and user growth is paying off, with bookings up 12% to $316 million. - McDonald&rsquo;s (MCD) US sales fell less than feared in the third quarter as diners spent more per visit, offsetting a traffic decline. Comparable sales slumped 0.2% in the period, a smaller contraction than the average of analyst estimates compiled by Bloomberg. McDonald&rsquo;s is trying a new approach to value to replace a menu of items under $3 that disappointed, and is moving away from short-term promotions toward programs that customers have responded well to.

CVS Plunges on Spinoff Plans, Duolingo Jumps, McDonald's Rises

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d5fda072-816e-4cbf-aca3-b4f8014bdd7f/transcript

On this episode of Stock Movers:

- CVS (CVS) shares drop. CVS Health Corp. plans to spin off its retail pharmacy business into a new company called CVS Pharmacy in the first half of 2028. The move will separate the drugstore business from the Aetna insurance unit and Caremark prescription benefits division, with both companies to be publicly traded.

- Hewlett Packard (HPQ) shares rise. HP Inc. named Emma Walmsley as its new CEO, permanently filling the role after Enrique Lores departed earlier this year. Walmsley's appointment will take effect on Jan. 4, and she succeeds Bruce Broussard, who was named interim CEO when Lores left to run PayPal Holdings Inc.

- McDonald's (MCD) shares gain. McDonald’s US sales fell less than feared in the third quarter as diners spent more per visit, offsetting a traffic decline. Comparable sales slumped 0.2% in the period, a smaller contraction than the average of analyst estimates compiled by Bloomberg. McDonald’s is trying a new approach to value to replace a menu of items under $3 that disappointed, and is moving away from short-term promotions toward programs that customers have responded well to.

On this episode of Stock Movers:
- CVS (CVS) shares drop. CVS Health Corp. plans to spin off its retail pharmacy business into a new company called CVS Pharmacy in the first half of 2028. The move will separate the drugstore business from the Aetna insurance unit and Caremark prescription benefits division, with both companies to be publicly traded.
- Hewlett Packard (HPQ) shares rise. HP Inc. named Emma Walmsley as its new CEO, permanently filling the role after Enrique Lores departed earlier this year. Walmsley's appointment will take effect on Jan. 4, and she succeeds Bruce Broussard, who was named interim CEO when Lores left to run PayPal Holdings Inc.
- McDonald's (MCD) shares gain. McDonald&rsquo;s US sales fell less than feared in the third quarter as diners spent more per visit, offsetting a traffic decline. Comparable sales slumped 0.2% in the period, a smaller contraction than the average of analyst estimates compiled by Bloomberg. McDonald&rsquo;s is trying a new approach to value to replace a menu of items under $3 that disappointed, and is moving away from short-term promotions toward programs that customers have responded well to.

CVS Falls, Hewlett Packard Rises, McDonald's Gains as US Slump Cushioned by Increase in Order Sizes

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/2d39bf65-507d-45d1-a3e9-b4f8010bd113/transcript

CVS Sinks on Spinoff, Skyworks Drops, Megacaps Rebound

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