On this episode of Stock Movers:
- Deckers (DECK) shares soar as Net sales for Ugg and Hoka surpassed analysts' estimates in the fiscal first quarter ending June 30th, with Ugg sales rising about 19% and Hoka increasing roughly 20%.
- Centene (CNC) shares tumble after the health insurer reported adjusted loss per share for the second quarter, surprising analysts who’d forecasted a profit. The company also reported higher medical costs in the second quarter than Wall Street’s expectations.
- Intel (INTC) shares slide after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused on cost cutting than restoring the chipmaker’s technological edge.

On this episode of Stock Movers: - Deckers (DECK) shares soar as Net sales for Ugg and Hoka surpassed analysts' estimates in the fiscal first quarter ending June 30th, with Ugg sales rising about 19% and Hoka increasing roughly 20%. - Centene (CNC) shares tumble after the health insurer reported adjusted loss per share for the second quarter, surprising analysts who&rsquo;d forecasted a profit. The company also reported higher medical costs in the second quarter than Wall Street&rsquo;s expectations. - Intel (INTC) shares slide after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused on cost cutting than restoring the chipmaker&rsquo;s technological edge.

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

Deckers Soars, Centene Tumbles, Intel Slides on CEO Warning 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c2f5ab99-368d-4f62-a250-b32500ec4ac0/transcript

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Shares of Klarna (KLAR) rise after a Swedish Patent and Market court ordered Alphabet Inc.'s Google was ordered to pay almost $2 billion to Klarna Group Plc's Pricerunner unit in a dispute over the search-engine giant's abuse of power in the market for comparison shopping services.
- Shares of Meta (META) soared after Bloomberg News reported that the Facebook parent is developing plans for a cloud-infrastructure business to sell access to AI computing power and models, competing with industry leaders like Amazon Web Services and Google Cloud.
- Shares of Alcoa (AA) traded at the lowest level since mid-December after announcing plans to buy South32 aluminum assets in a cash and stock transaction for an upfront consideration of approximately $4.1 billion. The transaction is expected to close in the first half of 2027, subject to the approval of South32’s shareholders, the receipt of required regulatory approvals, and the satisfaction of certain other customary closing conditions.

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Shares of Klarna (KLAR) rise after a Swedish Patent and Market court ordered Alphabet Inc.'s Google was ordered to pay almost $2 billion to Klarna Group Plc's Pricerunner unit in a dispute over the search-engine giant's abuse of power in the market for comparison shopping services. - Shares of Meta (META) soared after Bloomberg News reported that the Facebook parent is developing plans for a cloud-infrastructure business to sell access to AI computing power and models, competing with industry leaders like Amazon Web Services and Google Cloud. - Shares of Alcoa (AA) traded at the lowest level since mid-December after announcing plans to buy South32 aluminum assets in a cash and stock transaction for an upfront consideration of approximately $4.1 billion. The transaction is expected to close in the first half of 2027, subject to the approval of South32&rsquo;s shareholders, the receipt of required regulatory approvals, and the satisfaction of certain other customary closing conditions.

Klarna Rises; Meta Soars on Cloud Report; Alcoa Falls on South32 Acquistion

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/108a206e-80e7-42c9-8905-b47a00fb488b/transcript

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Shares of Salesforce (CRM) moved higher alongside fellow software companies ServiceNow (NOW) and Check Point Software Technologies (CHKP) after Guggenheim upgraded the trio from buy to neutral, saying fears that artificial intelligence poses a mortal threat to the sector are overdone. Software stocks have been broadly pressured this year, with investors fretting that offerings from AI-native companies like Anthropic PBC or OpenAI will ravage the sector’s long-term prospects. All three stocks have been among the hardest hit from the AI-induced selloff, with declines ranging from a drop of nearly 30% at Check Point to a decline of more than 40% for Salesforce, which fell for 14 straight days last month in its longest losing streak on record.
- Shares of General Mills (GIS) posted their largest intraday gain since March 2020 after posting fourth-quarter profit that beat Wall Street expectations, lifted by higher prices. The Minneapolis-based company reported adjusted earnings per share of 95 cents, topping the average of analyst estimates. The Cheerios cereal maker also posted revenue above analysts’ expectations. General Mills had been working to win over shoppers with lower prices at a time when many are feeling pinched. Last quarter, the company faced sales declines after slashing prices across much of its portfolio, but said it has since stopped lowering prices. The company is also contending with consumers increasingly opting for less-processed options over many packaged foods. General Mills said it planned to seek $3 billion in cost savings by fiscal year 2030.
- Shares of Nike (NKE) slumped Wednesday after executives gave a cautious outlook and warned about elevated consumer anxiety, adding to investor concerns about the sportswear company’s painfully slow turnaround. Nike expects a slowdown in the coming quarter compared to the current period, citing the timing of wholesale shipments in North America among other factors. Chief Executive Officer Elliott Hill has led Nike for almost two years and progress toward recapturing growth has dragged on, sparking frustration. Management faces ever-growing pressure to produce results, with the company’s stock down 36% this year through Tuesday’s close, putting the shares on track for a fifth consecutive annual decline.

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Shares of Salesforce (CRM) moved higher alongside fellow software companies ServiceNow (NOW) and Check Point Software Technologies (CHKP) after Guggenheim upgraded the trio from buy to neutral, saying fears that artificial intelligence poses a mortal threat to the sector are overdone. Software stocks have been broadly pressured this year, with investors fretting that offerings from AI-native companies like Anthropic PBC or OpenAI will ravage the sector&rsquo;s long-term prospects. All three stocks have been among the hardest hit from the AI-induced selloff, with declines ranging from a drop of nearly 30% at Check Point to a decline of more than 40% for Salesforce, which fell for 14 straight days last month in its longest losing streak on record. - Shares of General Mills (GIS) posted their largest intraday gain since March 2020 after posting fourth-quarter profit that beat Wall Street expectations, lifted by higher prices. The Minneapolis-based company reported adjusted earnings per share of 95 cents, topping the average of analyst estimates. The Cheerios cereal maker also posted revenue above analysts&rsquo; expectations. General Mills had been working to win over shoppers with lower prices at a time when many are feeling pinched. Last quarter, the company faced sales declines after slashing prices across much of its portfolio, but said it has since stopped lowering prices. The company is also contending with consumers increasingly opting for less-processed options over many packaged foods. General Mills said it planned to seek $3 billion in cost savings by fiscal year 2030. - Shares of Nike (NKE) slumped Wednesday after executives gave a cautious outlook and warned about elevated consumer anxiety, adding to investor concerns about the sportswear company&rsquo;s painfully slow turnaround. Nike expects a slowdown in the coming quarter compared to the current period, citing the timing of wholesale shipments in North America among other factors. Chief Executive Officer Elliott Hill has led Nike for almost two years and progress toward recapturing growth has dragged on, sparking frustration. Management faces ever-growing pressure to produce results, with the company&rsquo;s stock down 36% this year through Tuesday&rsquo;s close, putting the shares on track for a fifth consecutive annual decline.

Salesforce Gains on Upgrade; General Mills Beats; Nike Falls on Outlook

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/af04e8de-45ee-43c6-bdf3-b47a00eeee33/transcript

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Meta (META) share are moving on news it is developing plans for a cloud infrastructure business to sell access to AI computing power and models, competing with industry leaders like Amazon Web Services, Microsoft Azure and Google Cloud.
- General Mills (GIS) shares are moving after it posted fourth-quarter profit that beat Wall Street expectations, lifted by higher prices.
- Alcoa (AA) shares are moving on news it agreed to buy South32 Ltd.’s bauxite, alumina and aluminum assets in a deal worth as much as $5.6 billion. The acquisition significantly expands Alcoa’s integrated aluminum business, strengthening its position as one of the world’s largest producers by adding assets across the entire value chain.

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Meta (META) share are moving on news it is developing plans for a cloud infrastructure business to sell access to AI computing power and models, competing with industry leaders like Amazon Web Services, Microsoft Azure and Google Cloud. - General Mills (GIS) shares are moving after it posted fourth-quarter profit that beat Wall Street expectations, lifted by higher prices. - Alcoa (AA) shares are moving on news it agreed to buy South32 Ltd.&rsquo;s bauxite, alumina and aluminum assets in a deal worth as much as $5.6 billion. The acquisition significantly expands Alcoa&rsquo;s integrated aluminum business, strengthening its position as one of the world&rsquo;s largest producers by adding assets across the entire value chain.

Meta Deal; General Mills and Alcoa

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e4659a6c-59aa-47d3-ab11-b47a00da0fb7/transcript

Deckers Soars, Centene Tumbles, Intel Slides on CEO Warning

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