- EchoStar (SATS) shares drop after the company reported a $16.5 billion impairment charge and agreed to sell more spectrum licenses to Elon Musk’s SpaceX for $2.6 billion as it works to unwind parts of its 5G wireless network.
- Elf Beauty (ELF) shares sink after the cosmetics company’s full-year outlooks for adjusted earnings per share and net sales both missed analysts’ estimates. 
- CarMax (KMX) shares slump after the company terminated its chief executive over lagging sales and its' earnings missed analyst estimates.

- EchoStar (SATS) shares drop after the company reported a $16.5 billion impairment charge and agreed to sell more spectrum licenses to Elon Musk&rsquo;s SpaceX for $2.6 billion as it works to unwind parts of its 5G wireless network. - Elf Beauty (ELF) shares sink after the cosmetics company&rsquo;s full-year outlooks for adjusted earnings per share and net sales both missed analysts&rsquo; estimates. - CarMax (KMX) shares slump after the company terminated its chief executive over lagging sales and its' earnings missed analyst estimates.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

EchoStar Drops, Elf Beauty Sinks, CarMax Slumps After Terminating CEO

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7aaf452d-db4e-4c63-a823-b38d0116b3da/transcript

On this episode of Stock Movers:

- Computer data storage companies SanDisk (SNDK) and Micron (MU) both saw a boost to their share prices, coinciding with the rise of AI and computer technology spaces

- Rivian (RIVN) sees their stock price climb 10.7% with anticipation for the release of the R2, their mid-size SUV

- Frozen potato product brand Lamb Weston (LW) dropped 26% after a consistent decline and the company re-affirming its guidance

On this episode of Stock Movers:
- Computer data storage companies SanDisk (SNDK) and Micron (MU) both saw a boost to their share prices, coinciding with the rise of AI and computer technology spaces
- Rivian (RIVN) sees their stock price climb 10.7% with anticipation for the release of the R2, their mid-size SUV
- Frozen potato product brand Lamb Weston (LW) dropped 26% after a consistent decline and the company re-affirming its guidance

Data Storage Companies Get a Boost, Rivian Climbs,  Lamb Weston Plummets

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3232a1c3-99ed-40dd-a747-b3b8016d2047/transcript

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Tim Stenovec and Carol Massar.

On this episode of Stock Movers:

- Cruise group Carnival (CCL) sees their share price jump by over 9% today as the company expects profits to increase next year

- WhiteFiber (WYFI) is a company that provides AI datacenters with materials that gives them more power. They saw a big jump of 17% after inking a 10-year colocation deal with NScale worth $685 million

- KB Home (KBH) saw their stock decrease by 8.5% after posting fiscal 4th quarter revenue that missed analyst estimates

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Tim Stenovec and Carol Massar.
On this episode of Stock Movers:
- Cruise group Carnival (CCL) sees their share price jump by over 9% today as the company expects profits to increase next year
- WhiteFiber (WYFI) is a company that provides AI datacenters with materials that gives them more power. They saw a big jump of 17% after inking a 10-year colocation deal with NScale worth $685 million
- KB Home (KBH) saw their stock decrease by 8.5% after posting fiscal 4th quarter revenue that missed analyst estimates

Closing Bell: Carnival Gains, WhiteFiber Surges, KB Home Drops

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/aa57917d-148d-48b8-90f6-b3b80161a1fb/transcript

On this episode of Stock Movers:

- Oracle (ORCL) sees a 7% boost after it was announced that they would be leading a group of buyers in purchasing TikTok.

- Nike (NKE) is down for the fourth day in a row with an 11% drop today. Sales are continuing to decline, citing difficulty in China as well as their Converse brand.

- BioMarin Pharmaceutical (BMRN) is up big at 17% with their agreement to buy Amicus Pharmaceutics, helping expand their treatments for rare diseases.

On this episode of Stock Movers:
- Oracle (ORCL) sees a 7% boost after it was announced that they would be leading a group of buyers in purchasing TikTok.
- Nike (NKE) is down for the fourth day in a row with an 11% drop today. Sales are continuing to decline, citing difficulty in China as well as their Converse brand.
- BioMarin Pharmaceutical (BMRN) is up big at 17% with their agreement to buy Amicus Pharmaceutics, helping expand their treatments for rare diseases.

Oracle Rises, Nike Continues Fall, BioMarin Up Big After Acquisition

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6562e7e8-64ca-4427-a0b1-b3b8014a6c15/transcript

EchoStar Drops, Elf Beauty Sinks, CarMax Slumps After Terminating CEO

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