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