On this episode of Stock Movers:
- Drax shares fall as much as 12%, the steepest decline since March 2023, after the UK power producer said it’s facing a probe by the Financial Conduct Authority.
- Pernod Ricard SA shares rose after reporting sales that topped analyst expectations and forecasting a pickup in demand in the second half of its new financial year as trade restrictions eased in key markets such as China.
- Delivery Hero shares fluctuate as the food ordering firm’s earnings beat in the first half, aided by a strong performance in Asia, is tempered by a cut to its annual guidance.

Weekly Roundup: Meta's AI-Driven Rally, Gen Digital Drops, Moderna Surges
03:28

Closing Bell: Akamai-Anthropic Contract, Microsoft Jumps, Meta's New AI Agent
05:38

Akamai Rallies on Anthropic Deal, Twilio Slips, McDonald's Drops
04:56