On this episode of Stock Movers:
- General Motors (GM) shares fell as shareholders focused on a narrower profit outlook despite plans for another $20 billion in stock repurchases. The company now sees 2026 adjusted earnings before interest and taxes in a range of $14.5 billion to $15.5 billion, compared with the $14 billion to $16 billion range it projected in July. GM's board approved the new round of buybacks, which will be funded on an ongoing basis over a multi-year period of time, adding to the $29.5 billion already spent by the company buying back its shares since 2023.
- CoreWeave (CRWV) shares are down as concerns over the AI cloud provider’s rising borrowing costs and heavy debt continue to weigh on investors.
- Braze (BRZE) shares gain. Salesforce Inc. has agreed to buy Braze Inc., an artificial intelligence-powered platform for marketers, for almost $5.7 billion in enterprise value. Salesforce will pay Braze investors $47.50 per share, it said in a statement on Tuesday. That represents a 58% premium over Braze’s closing stock price on Monday. The deal is expected to close in Salesforce’s fiscal 2028, which begins in early February.

CoreWeave Falls, General Motors Drops, Hasbro Gains on Full-Year Profit Outlook Boost
04:19

Elise Slides; GE Aerospace and GM Report
04:38

GM Stock Buyback; GE Aerospace Reports; Elice Drops
04:08