On this episode of Stock Movers:

Goldman's 2026 capital requirement under current rules may fall 240 bps due to its peer-leading stress-test results improvement (290 bps), partially offset by a 50-bp increase in its systemic surcharge.

Circle Internet (CRCL) falls 2.7% in US premarket trading after JPMorgan — which was a lead in its successful IPO this month — starts coverage with an underweight recommendation, citing a valuation that’s beyond the broker’s “comfort zone.” Barclays, meanwhile, gives the stock an overweight rating, saying it’s “one of the only ways” to tap into the stablecoin hype.

Disney (DIS) climbs 2% after Jefferies upgraded it’s rating to buy, with the broker now seeing limited risk for a slowdown for its key parks division in 2H 2025.