Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- FedEx (FDX) raised its full-year profit forecast, signaling that the courier’s plan to restructure its delivery network is gaining traction despite geopolitical conflict and economic volatility.
- The US charged a Super Micro Computer (SMCI) co-founder with illegally diverting billions of dollars in Nvidia Corp.-powered servers to China, initiating its highest-profile case against alleged smuggling of restricted AI technology to the Asian country. Super Micro’s shares plummeted more than 20% in pre-market trading. US prosecutors charged Yih-Shyan “Wally” Liaw in a scheme to send US-assembled servers containing Nvidia’s cutting-edge chips to China in violation of US export controls. Liaw and two others associated with the company allegedly sold the AI tech through a Southeast Asia company knowing it would be sent on to China.
- Unilever (ULVR LN) is in talks to sell its food business to McCormick & Co., in what would be the biggest overhaul of the owner of Hellmann’s mayonnaise since it was founded almost a century ago.The Anglo-Dutch consumer goods company said Friday it had received an offer from the Maryland-based spices and seasonings maker, but that there was no certainty a deal would be achieved.

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - FedEx (FDX) raised its full-year profit forecast, signaling that the courier&rsquo;s plan to restructure its delivery network is gaining traction despite geopolitical conflict and economic volatility. - The US charged a Super Micro Computer (SMCI) co-founder with illegally diverting billions of dollars in Nvidia Corp.-powered servers to China, initiating its highest-profile case against alleged smuggling of restricted AI technology to the Asian country. Super Micro&rsquo;s shares plummeted more than 20% in pre-market trading. US prosecutors charged Yih-Shyan &ldquo;Wally&rdquo; Liaw in a scheme to send US-assembled servers containing Nvidia&rsquo;s cutting-edge chips to China in violation of US export controls. Liaw and two others associated with the company allegedly sold the AI tech through a Southeast Asia company knowing it would be sent on to China. - Unilever (ULVR LN) is in talks to sell its food business to McCormick &amp; Co., in what would be the biggest overhaul of the owner of Hellmann&rsquo;s mayonnaise since it was founded almost a century ago.The Anglo-Dutch consumer goods company said Friday it had received an offer from the Maryland-based spices and seasonings maker, but that there was no certainty a deal would be achieved.

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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

FedEx Raises Outlook; Super Micro Co-Founder Charged; Unilever Looks to Offload Food Business

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