On this episode of Stock Movers:

- NATO Secretary General Mark Rutte confirmed the alliance will seek to adopt a new defense spending target of 5% of GDP at a June summit, meeting a demand by US President Donald Trump that had originally seemed unrealistic.

- LVMH’s hold rating is reiterated at HSBC, which trims its price target to €525 from €575. The bank advises its clients to “curb your enthusiasm, one more time” as key luxury-sector markets remain under pressure.

-  HSBC has culled more than two dozen analysts in recent days as Europe’s largest lender deepens a restructuring of its investment banking businesses, according to people familiar with the matter.

On this episode of Stock Movers:
- NATO Secretary General Mark Rutte confirmed the alliance will seek to adopt a new defense spending target of 5% of GDP at a June summit, meeting a demand by US President Donald Trump that had originally seemed unrealistic. - LVMH&rsquo;s hold rating is reiterated at HSBC, which trims its price target to &euro;525 from &euro;575. The bank advises its clients to &ldquo;curb your enthusiasm, one more time&rdquo; as key luxury-sector markets remain under pressure. - &nbsp;HSBC has culled more than two dozen analysts in recent days as Europe&rsquo;s largest lender deepens a restructuring of its investment banking businesses, according to people familiar with the matter.

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

Defense Stocks Strong, LVMH Cut, HSBC Cull  

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ed2a8e9c-a138-474e-9dcb-b2ea0088e4ce/transcript

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


On this episode of Stock Movers, we take a look at some of the biggest gainers and decliners or the week:
Super Micro (SMCI) shares gained in extended trading after the company reported improved margins and gave a profit forecast that suggested it’s controlling the costs of getting powerful AI servers into customers’ hands. Earnings, excluding some items, will be 65 cents a share to 79 cents a share in the period ending June 30, Super Micro said Tuesday in a statement. Fiscal fourth-quarter revenue will be $11.2 billion to $12.5 billion. Analysts polled by Bloomberg projected, on average, profit of 57 cents on sales of $11.2 billion.
AMD (AMD) the second-biggest maker of computer processors, gave a strong forecast for the current period, showing that it’s cashing in on the flood of AI spending. Second-quarter sales will be $11.2 billion, plus or minus $300 million, the company said in a statement Tuesday. That compares with an average analyst prediction of $10.5 billion, according to data compiled by Bloomberg. AMD shares rose as much as 7.1% in extended trading following the announcement. The stock earlier closed at $355.26 in New York trading, leaving it up 66% this year. 
Intel (INTC) shares rose on word that Apple held exploratory discussions about using Intel and Samsung Electronics to produce the main processors for its devices in the US, a move that would offer a secondary option beyond longtime partner Taiwan Semiconductor Manufacturing. The iPhone and iPad maker has had early-stage talks with Intel about enlisting the company’s chipmaking services, according to people familiar with the deliberations. Meanwhile, Apple executives have made visits to a Samsung plant under development in Texas that will also make advanced chips. Intel shares soared as much as 12% to a fresh record in New York on Tuesday, their biggest intraday gain in nearly a week. The stock has gained more than 180% this year, adding well over $340 billion to the company’s market valuation.

Today's biggest winners and losers in the stock market.
 On this episode of Stock Movers, we take a look at some of the biggest gainers and decliners or the week:
<ul>
<li>Super Micro (SMCI) shares gained in extended trading after the company reported improved margins and gave a profit forecast that suggested it&rsquo;s controlling the costs of getting powerful AI servers into customers&rsquo; hands. Earnings, excluding some items, will be 65 cents a share to 79 cents a share in the period ending June 30, Super Micro said Tuesday in a statement. Fiscal fourth-quarter revenue will be $11.2 billion to $12.5 billion. Analysts polled by Bloomberg projected, on average, profit of 57 cents on sales of $11.2 billion.</li>
<li>AMD (AMD) the second-biggest maker of computer processors, gave a strong forecast for the current period, showing that it&rsquo;s cashing in on the flood of AI spending. Second-quarter sales will be $11.2 billion, plus or minus $300 million, the company said in a statement Tuesday. That compares with an average analyst prediction of $10.5 billion, according to data compiled by Bloomberg. AMD shares rose as much as 7.1% in extended trading following the announcement. The stock earlier closed at $355.26 in New York trading, leaving it up 66% this year.&nbsp;</li>
<li>Intel (INTC) shares rose on word that Apple held exploratory discussions about using Intel and Samsung Electronics to produce the main processors for its devices in the US, a move that would offer a secondary option beyond longtime partner Taiwan Semiconductor Manufacturing. The iPhone and iPad maker has had early-stage talks with Intel about enlisting the company&rsquo;s chipmaking services, according to people familiar with the deliberations. Meanwhile, Apple executives have made visits to a Samsung plant under development in Texas that will also make advanced chips. Intel shares soared as much as 12% to a fresh record in New York on Tuesday, their biggest intraday gain in nearly a week. The stock has gained more than 180% this year, adding well over $340 billion to the company&rsquo;s market valuation.</li>
</ul>

Super Micro Jumps, AMD Rallies on Upbeat Forecast, Intel Rises

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ad8af7e7-efa1-4f8a-a373-b4410166054a/transcript

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

On this episode of Stock Movers, we take a look at some of the biggest gainers and decliners or the week:

- Shares of companies that offer financial services like FactSet (FDS), Morningstar (MORN) and S&P Global (SPGI) fell in response to Anthropic unveiling a set of new artificial intelligence agents designed to handle a broader mix of financial services tasks, part of the company’s push to win over Wall Street. The Claude maker is releasing AI agents that it says can draft pitch decks for client meetings, review financial statements and escalate cases for compliance review. The new tools — 10 in total — are aimed at professionals across banking, insurance, asset management and financial technology. 

- PayPal (PYPL) plans to cut around 20% of its workforce in the next two to three years, according to a person familiar with the matter, as new Chief Executive Officer Enrique Lores seeks to reduce costs and turn around the payments company. PayPal’s turnaround strategy under Lores was under fresh scrutiny Tuesday, as analysts weighed the potential for the team to take a fresh stab at revamping the firm. Shares fell in trading on Tuesday. 

- Coinbase (COIN) will cut around 14% of its workforce, citing a need to manage costs in volatile markets and technological advances in artificial intelligence. The company plans to concentrate remaining staff around AI skills while reducing layers of management, Coinbase Chief Executive Officer Brian Armstrong said in an X post on Tuesday. In this new structure, some teams may consist of just one person, he said, with the responsibilities of engineers, designers and product managers combined into a single role. Shares traded lower on Tuesday.

Today's biggest winners and losers in the stock market. On this episode of Stock Movers, we take a look at some of the biggest gainers and decliners or the week: - Shares of companies that offer financial services like FactSet (FDS), Morningstar (MORN) and S&amp;P Global (SPGI) fell in response to Anthropic unveiling a set of new artificial intelligence agents designed to handle a broader mix of financial services tasks, part of the company&rsquo;s push to win over Wall Street. The Claude maker is releasing AI agents that it says can draft pitch decks for client meetings, review financial statements and escalate cases for compliance review. The new tools &mdash; 10 in total &mdash; are aimed at professionals across banking, insurance, asset management and financial technology. - PayPal (PYPL) plans to cut around 20% of its workforce in the next two to three years, according to a person familiar with the matter, as new Chief Executive Officer Enrique Lores seeks to reduce costs and turn around the payments company. PayPal&rsquo;s turnaround strategy under Lores was under fresh scrutiny Tuesday, as analysts weighed the potential for the team to take a fresh stab at revamping the firm. Shares fell in trading on Tuesday. - Coinbase (COIN) will cut around 14% of its workforce, citing a need to manage costs in volatile markets and technological advances in artificial intelligence. The company plans to concentrate remaining staff around AI skills while reducing layers of management, Coinbase Chief Executive Officer Brian Armstrong said in an X post on Tuesday. In this new structure, some teams may consist of just one person, he said, with the responsibilities of engineers, designers and product managers combined into a single role. Shares traded lower on Tuesday.

Financial Service-Related Stocks Slip, PayPal Falls, Coinbase Drops

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3222caa2-9541-44b0-86b8-b441014facf8/transcript

On this episode of Stock Movers:
- Alphabet (GOOGL) shares rise. Alphabet Inc. is selling its biggest-ever euro-denominated bond and tapping the Canadian dollar debt market to fund its ambitions in artificial intelligence. The company is set to raise at least €9 billion in euro bonds and has also kicked off the sale of a four-part Canadian dollar bond sale with maturities ranging from five to 30 years.
- Paypal (PYPL) shares fall. PayPal Holdings Inc. plans to cut costs and jobs as new Chief Executive Officer Enrique Lores seeks to turn around the payments company. The company is seeking to realize at least $1.5 billion in savings over the next two to three years and will seek to reinvest in modernizing its technology.
- Eaton (ETN) shares slide. The power equipment company gave an outlook for second-quarter profit below what analysts expected. The company raised the low end of a 2026 guidance range; the midpoint of the new range is roughly in line with expectations.

On this episode of Stock Movers: - Alphabet (GOOGL) shares rise. Alphabet Inc. is selling its biggest-ever euro-denominated bond and tapping the Canadian dollar debt market to fund its ambitions in artificial intelligence. The company is set to raise at least &euro;9 billion in euro bonds and has also kicked off the sale of a four-part Canadian dollar bond sale with maturities ranging from five to 30 years. - Paypal (PYPL) shares fall. PayPal Holdings Inc. plans to cut costs and jobs as new Chief Executive Officer Enrique Lores seeks to turn around the payments company. The company is seeking to realize at least $1.5 billion in savings over the next two to three years and will seek to reinvest in modernizing its technology. - Eaton (ETN) shares slide. The power equipment company gave an outlook for second-quarter profit below what analysts expected. The company raised the low end of a 2026 guidance range; the midpoint of the new range is roughly in line with expectations.

Alphabet Rises, Paypal Drops, Eaton Slides as 2Q Profit Forecast Misses Estimates

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/684d707a-6611-4cf8-9a6d-b44100fb80ea/transcript

Defense Stocks Strong, LVMH Cut, HSBC Cull

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