On this episode of Stock Movers:

- Kimberly-Clark (KMB) shares sink after after the company agreed to buy Kenvue Inc. in a deal worth roughly $40 billion, providing a lifeline to the struggling Tylenol maker.
- Nvidia (NVDA) shares higher after Amazon announced their cloud unit signed a $38 billion deal to supply a slice of OpenAI’s bottomless demand for Nvidia's computing power. 
- Microsoft (MSFT) shares rose after the company signed a roughly $9.7 billion deal to buy artificial intelligence computing capacity from IREN Ltd., becoming the Australian company’s largest customer.

On this episode of Stock Movers: - Kimberly-Clark (KMB) shares sink after after the company agreed to buy Kenvue Inc. in a deal worth roughly $40 billion, providing a lifeline to the struggling Tylenol maker. - Nvidia (NVDA) shares higher after Amazon announced their cloud unit signed a $38 billion deal to supply a slice of OpenAI&rsquo;s bottomless demand for Nvidia's computing power. - Microsoft (MSFT) shares rose after the company signed a roughly $9.7 billion deal to buy artificial intelligence computing capacity from IREN Ltd., becoming the Australian company&rsquo;s largest customer.

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

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 Short 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

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

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 short 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.

Kimberly-Clark Sinks, Nvidia Higher, Microsoft Jumps on IREN Deal

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6822ed60-752d-49d2-8b75-b38a010bc190/transcript

Today's biggest winners and losers in the stock market, a look at the notable movers:

On this episode of Stock Movers:

- Anthropic has signed an $11.6 billion, seven-year contract with Akamai Technologies (AKAM) for computing power. Akamai will supply Anthropic access to central processing units, or CPUs, and has issued a warrant that gives Anthropic the right to buy Series B shares. The contract represents the largest deal in Akamai's history, with the company estimating its capital spending tied to the agreement will total about $5.5 billion.

- Oracle (ORCL) sent a notice citing force majeure to the project's developer, a unit of Blue Owl Capital Inc., regarding a massive data center being built in New Mexico. The notice is an attempt to put off payments if the data center, dubbed Project Jupiter, gets derailed and fails to come online as planned, according to people familiar with the situation. A force majeure event tied to meeting power commitments could result in a delay on rent for Oracle, but the company would still have to pay other costs and owe the rent for the full lease term once payments begin.

- Everpure (P) shares jump as much as 20%, the most intraday since May, after the data-storage company forecast revenue for 2028 that exceeded the average analyst estimate.

Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:
- Anthropic has signed an $11.6 billion, seven-year contract with Akamai Technologies (AKAM) for computing power. Akamai will supply Anthropic access to central processing units, or CPUs, and has issued a warrant that gives Anthropic the right to buy Series B shares. The contract represents the largest deal in Akamai's history, with the company estimating its capital spending tied to the agreement will total about $5.5 billion.
- Oracle (ORCL) sent a notice citing force majeure to the project's developer, a unit of Blue Owl Capital Inc., regarding a massive data center being built in New Mexico. The notice is an attempt to put off payments if the data center, dubbed Project Jupiter, gets derailed and fails to come online as planned, according to people familiar with the situation. A force majeure event tied to meeting power commitments could result in a delay on rent for Oracle, but the company would still have to pay other costs and owe the rent for the full lease term once payments begin.
- Everpure (P) shares jump as much as 20%, the most intraday since May, after the data-storage company forecast revenue for 2028 that exceeded the average analyst estimate.

Akamai-Anthropic Contract, Oracle's New Data Center, Everpure Jumps

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/b0123656-8a6e-40c7-8265-b4cf0160852b/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 Romaine Bostic, Carol Massar and Tim Stenovec

- GoDaddy (GDDY) shares are up 12% on Thursday, after the Financial Times reported that Gen Digital made a takeover offer for the domain-registry company. The report cited people familiar with the matter. The talks are at an early stage and may not lead to a deal, the FT said, citing people familiar with the matter who it didn’t name. A combination would be transformational for Gen Digital, which has a market value of almost $16 billion at its last close. GoDaddy, which controls about 81 million web domains, was valued at about $12 billion as of Wednesday. Gen Digital and GoDaddy declined to comment to the FT.

- Oracle (ORCL) sent a notice citing force majeure to the project's developer, a unit of Blue Owl Capital Inc., regarding a massive data center being built in New Mexico. The notice is an attempt to put off payments if the data center, dubbed Project Jupiter, gets derailed and fails to come online as planned, according to people familiar with the situation. A force majeure event tied to meeting power commitments could result in a delay on rent for Oracle, but the company would still have to pay other costs and owe the rent for the full lease term once payments begin.

- MGM Resorts International's (MGM) shares tumbled early Thursday after digital and print media company People (PPLI) withdrew its buyout proposal for the casino operator. In early June, People submitted a nonbinding offer to purchase all the shares it didn't already own in MGM Resorts for $48.30 apiece in cash. The media conglomerate holds a roughly 27% stake in the casino operator.

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 Romaine Bostic, Carol Massar and Tim Stenovec - GoDaddy (GDDY) shares are up 12% on Thursday, after the Financial Times reported that Gen Digital made a takeover offer for the domain-registry company. The report cited people familiar with the matter. The talks are at an early stage and may not lead to a deal, the FT said, citing people familiar with the matter who it didn&rsquo;t name. A combination would be transformational for Gen Digital, which has a market value of almost $16 billion at its last close. GoDaddy, which controls about 81 million web domains, was valued at about $12 billion as of Wednesday. Gen Digital and GoDaddy declined to comment to the FT. - Oracle (ORCL) sent a notice citing force majeure to the project's developer, a unit of Blue Owl Capital Inc., regarding a massive data center being built in New Mexico. The notice is an attempt to put off payments if the data center, dubbed Project Jupiter, gets derailed and fails to come online as planned, according to people familiar with the situation. A force majeure event tied to meeting power commitments could result in a delay on rent for Oracle, but the company would still have to pay other costs and owe the rent for the full lease term once payments begin. - MGM Resorts International's (MGM) shares tumbled early Thursday after digital and print media company People (PPLI) withdrew its buyout proposal for the casino operator. In early June, People submitted a nonbinding offer to purchase all the shares it didn't already own in MGM Resorts for $48.30 apiece in cash. The media conglomerate holds a roughly 27% stake in the casino operator.

Closing Bell: GoDaddy Jumps, Oracle Drops on Force Majeure, MGM Resorts Tumbles

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ac5f4ecf-980b-47e2-b736-b4cf014c015d/transcript

Today's biggest winners and losers in the stock market, a look at the notable movers: 
On this episode of Stock Movers:

- Darden (DRI) shares are down 0.91% after the operator of several restaurant chains reported comparable sales shortfalls for its Olive Garden and LongHorn banners, while Fine Dining and “Other” segments performed ahead of expectations. Profits were in line with the Street view, and guidance for the full year was reaffirmed.

- Everpure (P) shares jump as much as 20%, the most intraday since May, after the data-storage company forecast revenue for 2028 that exceeded the average analyst estimate.

- MGM Resorts International's (MGM) shares tumbled early Thursday after digital and print media company People (PPLI) withdrew its buyout proposal for the casino operator. MGM said its board remains excited to continue to lead MGM Resorts as a standalone company, and People Inc. remains open to a potential strategic transaction with MGM going forward.

Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers: - Darden (DRI) shares are down 0.91% after the operator of several restaurant chains reported comparable sales shortfalls for its Olive Garden and LongHorn banners, while Fine Dining and &ldquo;Other&rdquo; segments performed ahead of expectations. Profits were in line with the Street view, and guidance for the full year was reaffirmed. - Everpure (P) shares jump as much as 20%, the most intraday since May, after the data-storage company forecast revenue for 2028 that exceeded the average analyst estimate. - MGM Resorts International's (MGM) shares tumbled early Thursday after digital and print media company People (PPLI) withdrew its buyout proposal for the casino operator. MGM said its board remains excited to continue to lead MGM Resorts as a standalone company, and People Inc. remains open to a potential strategic transaction with MGM going forward.

Darden Dips, Everpure Soars, MGM Resorts Tumbles

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/cbee48b3-c2b1-41e1-9e41-b4cf013cc212/transcript

Kimberly-Clark Sinks, Nvidia Higher, Microsoft Jumps on IREN Deal

In 1 playlist(s)

Stock Movers

Social links

Follow podcast

Recent clips