On this episode of Stock Movers:

- McCormick (MKC) reported its fastest sales growth since 2021, with third-quarter net sales increasing 17% to $2.02 billion. Consumers are cooking more at home to save money, and while higher prices for some ingredients have impacted demand for certain spices, McCormick's consumer business has gotten an overall boost from the trend. McCormick expects sales volumes in the Americas to improve in the near-term, but sees pressures persisting in its flavor solutions business due to softer demand from quick-service restaurant customers.
 
- ServiceNow (NOW) shares rise. Software stocks rose as investors received news the FTC launched an investigation into frontier AI developers.

- Paramount Skydance (PSKY) shares drop. Paramount ’s $41 billion of US dollar bonds to finance its takeover of Warner Bros. Discovery Inc. sold off to start their first full day of trading while default-protection expenses surged to a 17-year high.

On this episode of Stock Movers:
- McCormick (MKC) reported its fastest sales growth since 2021, with third-quarter net sales increasing 17% to $2.02 billion. Consumers are cooking more at home to save money, and while higher prices for some ingredients have impacted demand for certain spices, McCormick's consumer business has gotten an overall boost from the trend. McCormick expects sales volumes in the Americas to improve in the near-term, but sees pressures persisting in its flavor solutions business due to softer demand from quick-service restaurant customers. &nbsp; - ServiceNow (NOW) shares rise. Software stocks rose as investors received news the FTC launched an investigation into frontier AI developers.
- Paramount Skydance (PSKY) shares drop. Paramount &rsquo;s $41 billion of US dollar bonds to finance its takeover of Warner Bros. Discovery Inc. sold off to start their first full day of trading while default-protection expenses surged to a 17-year high.

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.

McCormick Climbs, ServiceNow Rises, Paramount Drops as $41 Billion of M&A Bonds Slump 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/dd2a88bd-352d-4a97-8105-b4d600fb6946/transcript

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

On this episode of Stock Movers:

- Nike (NKE) drops after a pessimistic sales outlook after reporting worse-than expected results due to weakness in China, sportswear and at the Jordan brand. The company now sees revenue declining in the high-single digits in the current fiscal year.

- Walt Disney (DIS) shares fell plans to cut hundreds of jobs as part of a restructuring of its television operations, extending a wave of job cuts, the Wall Street Journal reported. The overhaul will consolidate divisions at the company, according to the Journal. 

-Paramount Skydance (PSKY) shares ended the day lower as the entertainment company issued $52 billion of debt to fund the biggest Hollywood buyout ever, investors were nursing more than $100 million of losses, triggering a flurry of angry calls from money managers to Wall Street banks that underwrote the debt.

- Netflix (NFLX) shares fell after co-CEO Ted Sarandos reported that the company is facing slower growth as expected and is working on making that move faster which includes expanding live programming on the platform.

Today's biggest winners and losers in the stock market, a look at the notable movers:&nbsp;
On this episode of Stock Movers:
- Nike (NKE) drops after a pessimistic sales outlook after reporting worse-than expected results due to weakness in China, sportswear and at the Jordan brand. The company now sees revenue declining in the high-single digits in the current fiscal year.
- Walt Disney (DIS) shares fell plans to cut hundreds of jobs as part of a restructuring of its television operations, extending a wave of job cuts, the Wall Street Journal reported. The overhaul will consolidate divisions at the company, according to the Journal.&nbsp;
-Paramount Skydance (PSKY) shares ended the day lower as the entertainment company issued $52 billion of debt to fund the biggest Hollywood buyout ever, investors were nursing more than $100 million of losses, triggering a flurry of angry calls from money managers to Wall Street banks that underwrote the debt.
- Netflix (NFLX) shares fell after co-CEO Ted Sarandos reported that the company is facing slower growth as expected and is working on making that move faster which includes expanding live programming on the platform.

Nike Falls on Earnings, Entertainment Stocks Drop 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c062f484-d100-4052-9b19-b4d6016992c6/transcript

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

On this episode of Stock Movers:

The US market close with Bloomberg's Charlie Pellet and Norah Mulinda.

A rebound in Treasuries brought relief to Wall Street, spurring gains in stocks and overshadowing concerns about inflationary pressures stemming from elevated energy costs. The respite in the bond selloff sent 10-year yields down from the highest since 2002. The S&P 500 erased a drop that had been fueled by factory data showing a surge in a gauge of raw-material prices. Oil climbed amid ongoing geopolitical risks. The Pentagon may soon deploy an additional aircraft carrier and 10,000 troops to the Middle East, according to a US official.

- Walt Disney (DIS) plans to cut hundreds of jobs as part of a restructuring of its television operations, extending a wave of job cuts, the Wall Street Journal reported. The overhaul will consolidate divisions at the company, according to the Journal. 

-  Mattel (MAT) has drawn takeover interest from Authentic Brands Group, the Wall Street Journal reported Thursday. Authentic has been discussing an offer that could value Mattel at more than $20 a share, the Wall Street Journal reported.

- Elf Beauty (ELF) shares rise as much as 4.8% on Thursday, as Raymond James says the cosmetics company’s value proposition, prestige-inspired products and high-growth Rhode brand position it to exceed earnings expectations.

Today's biggest winners and losers in the stock market, a look at the notable movers:&nbsp;
On this episode of Stock Movers:
The US market close with Bloomberg's Charlie Pellet and Norah Mulinda.
A rebound in Treasuries brought relief to Wall Street, spurring gains in stocks and overshadowing concerns about inflationary pressures stemming from elevated energy costs. The respite in the bond selloff sent 10-year yields down from the highest since 2002. The S&amp;P 500 erased a drop that had been fueled by factory data showing a surge in a gauge of raw-material prices. Oil climbed amid ongoing geopolitical risks. The Pentagon may soon deploy an additional aircraft carrier and 10,000 troops to the Middle East, according to a US official.
- Walt Disney (DIS) plans to cut hundreds of jobs as part of a restructuring of its television operations, extending a wave of job cuts, the Wall Street Journal reported. The overhaul will consolidate divisions at the company, according to the Journal.&nbsp;
- &nbsp;Mattel (MAT) has drawn takeover interest from Authentic Brands Group, the Wall Street Journal reported Thursday. Authentic has been discussing an offer that could value Mattel at more than $20 a share, the Wall Street Journal reported.
- Elf Beauty (ELF) shares rise as much as 4.8% on Thursday, as Raymond James says the cosmetics company&rsquo;s value proposition, prestige-inspired products and high-growth Rhode brand position it to exceed earnings expectations.

Closing Bell: Disney Falls After Job-Cut Plan, Mattel Climbs on Takeover Interest, Elf Beauty Rises

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c3cc208a-875e-4b9b-8390-b4d60156fd17/transcript

On this episode of Stock Movers:

- Accenture (ACN) shares rise. Accenture reported revenue for the period came in at $18.7 billion, up 7% from the year prior, beating Bloomberg-compiled analyst estimates of $18.04 billion. The company reported $22.2 billion of new bookings, beating the roughly $20 billion analysts had estimated, and announced separate deals with Alphabet Inc.'s Google Cloud, Anthropic PBC and Amazon.com Inc.'s web services unit.
 
- Synopsys (SNPS) shares are up 9% with analysts positive on the maker of electronic design automation software in the wake of an investor day event where it gave long-term targets that are seen as strong.

- Moderna (MRNA) shares tumble. A Citigroup analyst recommended selling the stock, saying its current valuation is “unjustifiable” following an outsized rally. The analyst believes the re-rating of the stock reflects successful expansion in many tumor types and unrealistic implied sales, and that the melanoma win for the vaccine does not broadly validate the platform for other tumor types.

On this episode of Stock Movers:
- Accenture (ACN) shares rise. Accenture reported revenue for the period came in at $18.7 billion, up 7% from the year prior, beating Bloomberg-compiled analyst estimates of $18.04 billion. The company reported $22.2 billion of new bookings, beating the roughly $20 billion analysts had estimated, and announced separate deals with Alphabet Inc.'s Google Cloud, Anthropic PBC and Amazon.com Inc.'s web services unit. &nbsp; - Synopsys (SNPS) shares are up 9% with analysts positive on the maker of electronic design automation software in the wake of an investor day event where it gave long-term targets that are seen as strong.
- Moderna (MRNA) shares tumble. A Citigroup analyst recommended selling the stock, saying its current valuation is &ldquo;unjustifiable&rdquo; following an outsized rally. The analyst believes the re-rating of the stock reflects successful expansion in many tumor types and unrealistic implied sales, and that the melanoma win for the vaccine does not broadly validate the platform for other tumor types.

Accenture Gains, Synopsys Rises, Moderna Tumbles as Citi Advises Selling Following 600% Rally

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/807e4524-7729-44e1-b868-b4d600eb76fe/transcript

McCormick Climbs, ServiceNow Rises, Paramount Drops as $41 Billion of M&A Bonds Slump

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