On this episode of Stock Movers:
- EchoStar (SATS) is higher as the company engaged in talks to sell some of its wireless spectrum to Verizon Communications Inc. The talks involve EchoStar’s AWS-3 licenses, which the company put a carrying value of $9.8 billion on, according to a regulatory filing.
- Spotify (SPOT) shares are moving on news Chief Executive Officer Daniel Ek is stepping aside, leaving the leadership in the hands of Gustav Söderström and Alex Norström. Ek will continue to provide support and guidance, and said he is "not leaving" but will remain involved in big decisions about the company's future.
- Coty (COTY) is moving on news it has begun a strategic review of its consumer beauty brands to rework its portfolio of mass-market cosmetics labels while refocusing on fragrances.

On this episode of Stock Movers: - EchoStar (SATS) is higher as the company engaged in talks to sell some of its wireless spectrum to Verizon Communications Inc. The talks involve EchoStar&rsquo;s AWS-3 licenses, which the company put a carrying value of $9.8 billion on, according to a regulatory filing. - Spotify (SPOT) shares are moving on news Chief Executive Officer Daniel Ek is stepping aside, leaving the leadership in the hands of Gustav S&ouml;derstr&ouml;m and Alex Norstr&ouml;m. Ek will continue to provide support and guidance, and said he is "not leaving" but will remain involved in big decisions about the company's future. - Coty (COTY) is moving on news it has begun a strategic review of its consumer beauty brands to rework its portfolio of mass-market cosmetics labels while refocusing on fragrances.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. 

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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

EchoStar Jumps; Spotify Leadership Change; Coty Strategy

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a9ad5281-d9bf-4144-8952-b36800df40cd/transcript

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Meta (META) shares rallied after a Bloomberg News report that the Facebook parent is developing plans for a cloud-infrastructure business to sell its excess AI compute.
- AOL owner Bending Spoons (BSP) shares rose 14% above their initial public offering price after the company and some of its backers raised $1.68 billion. The trading gives Bending Spoons a market value of over $20 billion. That compares with a valuation of about $14.5 billion in 2025, after a funding round comprised of $270 million in primary capital and $440 million in secondary capital and a $2.8 billion debt package, according to PitchBook data. Bending Spoons was formed in 2013 and derived its name from a scene in the 1990s science-fiction film The Matrix. The company brings a private equity-style playbook to distressed software apps, buying largely subscription-based services, trimming their staff and handing operations to coders. In addition to Vimeo, which it bought in 2025, it acquired AOL, file-sharing service WeTransfer, note-taking app Evernote and Remini, a popular photo app that uses artificial intelligence.
- Nike (NKE) shares closed higher, erasing an earlier drop that was spurred by the sneaker company reducing its revenue outlook for the next two quarters. Some Wall Street analysts are defending the stock despite the weaker outlook, with BTIG calling sentiment “overly depressed.” Shares are down 33% this year, on pace for their worst annual decline since 1997.

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Meta (META) shares rallied after a Bloomberg News report that the Facebook parent is developing plans for a cloud-infrastructure business to sell its excess AI compute. - AOL owner Bending Spoons (BSP) shares rose 14% above their initial public offering price after the company and some of its backers raised $1.68 billion. The trading gives Bending Spoons a market value of over $20 billion. That compares with a valuation of about $14.5 billion in 2025, after a funding round comprised of $270 million in primary capital and $440 million in secondary capital and a $2.8 billion debt package, according to PitchBook data. Bending Spoons was formed in 2013 and derived its name from a scene in the 1990s science-fiction film The Matrix. The company brings a private equity-style playbook to distressed software apps, buying largely subscription-based services, trimming their staff and handing operations to coders. In addition to Vimeo, which it bought in 2025, it acquired AOL, file-sharing service WeTransfer, note-taking app Evernote and Remini, a popular photo app that uses artificial intelligence. - Nike (NKE) shares closed higher, erasing an earlier drop that was spurred by the sneaker company reducing its revenue outlook for the next two quarters. Some Wall Street analysts are defending the stock despite the weaker outlook, with BTIG calling sentiment &ldquo;overly depressed.&rdquo; Shares are down 33% this year, on pace for their worst annual decline since 1997.

Meta Gains on Cloud Report, Bending Spoons Shares Soar in Debut, Nike Higher

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d8703b11-8cb4-44bd-b6d3-b47a016a4daf/transcript

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

On this episode of Stock Movers: Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Bailey Lipschultz, Katie Greifeld, Carol Massar and Tim Stenovec

-Meta (META) shares soar on news the company is developing plans for a cloud infrastructure business that will sell access to AI computing power and models, setting up a new vector of competition with industry leaders like Amazon Web Services, Microsoft Azure and Google Cloud. Coreweave (CRWV) shares tumbled on Meta's cloud infrastructure business. 

-Bending Spoons (BSP) shares surged on their first day of trading after the company and some of its backers raised $1.68 billion. The Milan, Italy-based company, which acquires struggling software businesses, finished Wednesday at $40.50 each, above the IPO price of $29 per share.

-Caterpillar (CAT) shares fell the most since April 2025 after Michael Burry, made famous in The Big Short for his bets against the US housing market ahead of the 2008 crisis, said he shorted the industrial heavyweight for the first time. 

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers: Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Bailey Lipschultz, Katie Greifeld, Carol Massar and Tim Stenovec
-Meta (META) shares soar on news the company is developing plans for a cloud infrastructure business that will sell access to AI computing power and models, setting up a new vector of competition with industry leaders like Amazon Web Services, Microsoft Azure and Google Cloud. Coreweave (CRWV) shares tumbled on Meta's cloud infrastructure business.&nbsp;
-Bending Spoons (BSP) shares surged on their first day of trading after the company and some of its backers raised $1.68 billion. The Milan, Italy-based company, which acquires struggling software businesses, finished Wednesday at $40.50 each, above the IPO price of $29 per share.
-Caterpillar (CAT) shares fell the most since April 2025 after Michael Burry, made famous in The Big Short for his bets against the US housing market ahead of the 2008 crisis, said he shorted the industrial heavyweight for the first time.&nbsp;

Stock Movers: Meta Rises on Cloud Infrastructure, Coreweave Sinks, Bending Spoons IPOs

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/9c3d7483-3143-4ed1-878e-b47a014cd3ad/transcript

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


On this episode of Stock Movers:


- AOL owner Bending Spoons (BSP) shares rose 14% above their initial public offering price after the company and some of its backers raised $1.68 billion. The trading gives Bending Spoons a market value of over $20 billion. That compares with a valuation of about $14.5 billion in 2025, after a funding round comprised of $270 million in primary capital and $440 million in secondary capital and a $2.8 billion debt package, according to PitchBook data.


- Nike (NKE) 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. Shares fell immediately after the earnings release, before eventually trading higher.


- Meta (META) is developing plans for a cloud infrastructure business that will sell access to AI computing power and models, setting up a new vector of competition with industry leaders like Amazon Web Services, Microsoft Azure and Google Cloud. Shares rallied on the Bloomberg News report.

Today's biggest winners and losers in the stock market.
 On this episode of Stock Movers:
 - AOL owner Bending Spoons (BSP) shares rose 14% above their initial public offering price after the company and some of its backers raised $1.68 billion. The trading gives Bending Spoons a market value of over $20 billion. That compares with a valuation of about $14.5 billion in 2025, after a funding round comprised of $270 million in primary capital and $440 million in secondary capital and a $2.8 billion debt package, according to PitchBook data.
 - Nike (NKE) 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. Shares fell immediately after the earnings release, before eventually trading higher.
 - Meta (META) is developing plans for a cloud infrastructure business that will sell access to AI computing power and models, setting up a new vector of competition with industry leaders like Amazon Web Services, Microsoft Azure and Google Cloud. Shares rallied on the Bloomberg News report.

AOL Owner Bending Spoons Jumps After IPO, Nike Rises, Meta Plans New Cloud Business 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a778097c-74eb-4d29-85da-b47a013b8884/transcript

EchoStar Jumps; Spotify Leadership Change; Coty Strategy

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