On this episode of Stock Movers:

- Levi Strauss (LEVI) shares jump after the company raised its projections for the year after reporting better-than-expected quarterly results, citing strong demand in all regions. The company's revenue and earnings per share exceeded expectations, with revenue of $1.7 billion in the fiscal quarter ended March 1.

- Delta Airlines (DAL) shares are up on positive earnings. Delta Air Lines Inc. said it expects to incur more than $2 billion in higher fuel costs through June because of the Iran war. Delta Chief Executive Officer Ed Bastian said the company is "looking to do more" fare increases and will make "some meaningful capacity reductions" of about 3.5%.

- Venture Global (VG) shares drop. Energy stocks are falling and airline stocks are rising after US and Iran agreed to a two-week ceasefire in exchange for Tehran reopening the Strait of Hormuz.

On this episode of Stock Movers:
- Levi Strauss (LEVI) shares jump after the company raised its projections for the year after reporting better-than-expected quarterly results, citing strong demand in all regions. The company's revenue and earnings per share exceeded expectations, with revenue of $1.7 billion in the fiscal quarter ended March 1.
- Delta Airlines (DAL) shares are up on positive earnings. Delta Air Lines Inc. said it expects to incur more than $2 billion in higher fuel costs through June because of the Iran war. Delta Chief Executive Officer Ed Bastian said the company is "looking to do more" fare increases and will make "some meaningful capacity reductions" of about 3.5%.
- Venture Global (VG) shares drop. Energy stocks are falling and airline stocks are rising after US and Iran agreed to a two-week ceasefire in exchange for Tehran reopening the Strait of Hormuz.

Listen for five-minute 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 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

Levi Strauss Jumps, Delta Airlines Up, Venture Global Drops on US, Iran Ceasefire 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c0fe3ddc-db69-4804-904a-b42600eafd9b/transcript

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

On this episode of Stock Movers, we take a look at some of the week's biggest gainers and decliners:

- Lululemon (LULU) lowered its full-year outlook for a second straight quarter, signaling deep challenges for incoming Chief Executive Officer Heidi O’Neill. Sales are now projected to be in a range of $10.35 billion to $10.5 billion in the current fiscal year that ends in early 2027. That’s down from June’s annual forecast, which was itself reduced from the previous view. The company also trimmed its outlook for earnings per share. The stock fell 18% at 6:03 p.m. in extended trading in New York. Lululemon shares have declined more than 40% this year through Thursday’s close, and their value is less than a quarter of their peak in late 2023. Meanwhile, Chip Wilson, the billionaire founder of Lululemon Athletica, is divorcing from Shannon “Summer” Wilson, his wife and business partner of more than 20 years, who was one of the apparel company’s earliest employees.

- Deere (DE) shares rallied after it received upgrades from Evercore ISI and Baird. Analysts are Baird expect higher demand for agricultural machines as corn and soy futures rise. 

- Tesla (TSLA) shares tumbled the most in six weeks after a formal rollout of the Cybercab driverless car left investors underwhelmed and drew fresh scrutiny from US auto regulators. The National Highway Traffic Safety Administration on Friday opened a probe into the process and technical data Tesla relied on when the company self-certified the vehicles — which have no steering wheels or foot pedals — as compliant with all federal safety standards. The agency conducts investigations when “certified vehicles appear to not adhere to these requirements,” it said in a statement. Tesla shares fell 6% at 11:09 a.m. Friday in New York, the biggest intraday since July 23.

Today's biggest winners and losers in the stock market. On this episode of Stock Movers, we take a look at some of the week's biggest gainers and decliners: - Lululemon (LULU) lowered its full-year outlook for a second straight quarter, signaling deep challenges for incoming Chief Executive Officer Heidi O&rsquo;Neill. Sales are now projected to be in a range of $10.35 billion to $10.5 billion in the current fiscal year that ends in early 2027. That&rsquo;s down from June&rsquo;s annual forecast, which was itself reduced from the previous view. The company also trimmed its outlook for earnings per share. The stock fell 18% at 6:03 p.m. in extended trading in New York. Lululemon shares have declined more than 40% this year through Thursday&rsquo;s close, and their value is less than a quarter of their peak in late 2023. Meanwhile, Chip Wilson, the billionaire founder of Lululemon Athletica, is divorcing from Shannon &ldquo;Summer&rdquo; Wilson, his wife and business partner of more than 20 years, who was one of the apparel company&rsquo;s earliest employees. - Deere (DE) shares rallied after it received upgrades from Evercore ISI and Baird. Analysts are Baird expect higher demand for agricultural machines as corn and soy futures rise. - Tesla (TSLA) shares tumbled the most in six weeks after a formal rollout of the Cybercab driverless car left investors underwhelmed and drew fresh scrutiny from US auto regulators. The National Highway Traffic Safety Administration on Friday opened a probe into the process and technical data Tesla relied on when the company self-certified the vehicles &mdash; which have no steering wheels or foot pedals &mdash; as compliant with all federal safety standards. The agency conducts investigations when &ldquo;certified vehicles appear to not adhere to these requirements,&rdquo; it said in a statement. Tesla shares fell 6% at 11:09 a.m. Friday in New York, the biggest intraday since July 23.

Weekly Roundup: Lululemon Slumps, Deere Rallies, Tesla's Underwhelming Cybercab Launch

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/105363be-33c1-4413-91f5-b4bb016f264a/transcript

On this episode of Stock Movers:

- Lululemon (LULU) lowered its full-year outlook for a second straight quarter, with sales now projected to be in a range of $10.35 billion to $10.5 billion. Incoming CEO Heidi O’Neill to face challenges including winning back market share, rebounding from product mishaps, and rebuilding the executive team after a series of recent departures.

- Adobe (ADBE) continues to fall after it named Anil Chakravarthy, the leader of its marketing and analytics software business, as its next chief executive officer.

- Shares of Fair Isaac Corp (FICO) are under heavy pressure after Federal Housing Finance Agency Director Bill Pulte renewed his long-standing criticism of the costs of consumer credit scores. “Equifax, Experian, and TransUnion have been overcharging Americans for far too long,” Pulte said in a post on X on Thursday, adding that “this will end soon.”The post sent Fair Isaac, the analytics company behind so-called FICO scores, tumbling as much as 21%, the biggest drop since March 2020, to the lowest since late April. Equifax and TransUnion both fell as much as 11%.

On this episode of Stock Movers:
- Lululemon (LULU) lowered its full-year outlook for a second straight quarter, with sales now projected to be in a range of $10.35 billion to $10.5 billion. Incoming CEO Heidi O&rsquo;Neill to face challenges including winning back market share, rebounding from product mishaps, and rebuilding the executive team after a series of recent departures.
- Adobe (ADBE) continues to fall after it named Anil Chakravarthy, the leader of its marketing and analytics software business, as its next chief executive officer.
- Shares of Fair Isaac Corp (FICO) are under heavy pressure after Federal Housing Finance Agency Director Bill Pulte renewed his long-standing criticism of the costs of consumer credit scores. &ldquo;Equifax, Experian, and TransUnion have been overcharging Americans for far too long,&rdquo; Pulte said in a post on X on Thursday, adding that &ldquo;this will end soon.&rdquo;The post sent Fair Isaac, the analytics company behind so-called FICO scores, tumbling as much as 21%, the biggest drop since March 2020, to the lowest since late April. Equifax and TransUnion both fell as much as 11%.

Lululemon Drops to Eight-Year Low, Adobe Falls, FICO Plunges

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e488653e-36a4-4091-b6b7-b4bb01439db1/transcript

On this episode of Stock Movers:

- Lululemon (LULU) shares drop. Lululemon Athletica Inc. lowered its full-year outlook for a second straight quarter, with sales now projected to be in a range of $10.35 billion to $10.5 billion. The company reported its first decline in comparable sales since the pandemic and trimmed its outlook for earnings per share, with shares of Lululemon tumbling 19.5% in New York.

- Adobe (ADBE) shares fall. The software maker announced that Anil Chakravarthy will become president and chief executive officer, effective Dec. 1, succeeding Shantanu Narayen. The selection of Chakravarthy comes as Adobe faces increasing questions about whether it will be toppled from its post in the age of AI, with generative AI making it easier to produce visual media without Adobe’s expensive products. The move comes ahead of the release of Adobe’s third-quarter results next week.

- Equifax (EFX) drops after Federal Housing Finance Agency Director Bill Pulte criticized the costs of consumer credit scores. Pulte said the government is considering "bi-merge, and stronger solutions" and instructed mortgage-finance giants to "approve all lenders to use VantageScore", a rival to FICO.

On this episode of Stock Movers:
- Lululemon (LULU) shares drop. Lululemon Athletica Inc. lowered its full-year outlook for a second straight quarter, with sales now projected to be in a range of $10.35 billion to $10.5 billion. The company reported its first decline in comparable sales since the pandemic and trimmed its outlook for earnings per share, with shares of Lululemon tumbling 19.5% in New York.
- Adobe (ADBE) shares fall. The software maker announced that Anil Chakravarthy will become president and chief executive officer, effective Dec. 1, succeeding Shantanu Narayen. The selection of Chakravarthy comes as Adobe faces increasing questions about whether it will be toppled from its post in the age of AI, with generative AI making it easier to produce visual media without Adobe&rsquo;s expensive products. The move comes ahead of the release of Adobe&rsquo;s third-quarter results next week.
- Equifax (EFX) drops after Federal Housing Finance Agency Director Bill Pulte criticized the costs of consumer credit scores. Pulte said the government is considering "bi-merge, and stronger solutions" and instructed mortgage-finance giants to "approve all lenders to use VantageScore", a rival to FICO.

Lululemon Drops, Adobe Falls, Equifax Lower After Pulte Criticism

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/4c22459e-be51-48f2-a142-b4bb00fb23d6/transcript

Levi Strauss Jumps, Delta Airlines Up, Venture Global Drops on US, Iran Ceasefire

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