On this episode of Stock Movers:

- Meta (META) shares rise. Meta Platforms Inc. is seeking to raise about $15 billion from the US dollar portion of a cross-border bond sale to fund the artificial intelligence infrastructure buildout.

- Shopify (SHOP) shares drop. Shopify Inc. shares sank after its quarterly revenue missed analysts’ expectations for the first time in four years. That’s the first revenue miss since the second quarter of 2022. Weaker-than-expected subscription solutions revenue weighed on results as merchant solutions, its largest unit, was roughly in line.

- Sysco (SYY) shares drop as much as 6.6%, most intraday since March 30, after the food/products distributor said it now expects full-year revenue growth at the low end of the its prior 6%-to-7% range, reflecting a lower inflation environment for the industry. Its call starts at 10am ET. 

On this episode of Stock Movers:
- Meta (META) shares rise. Meta Platforms Inc. is seeking to raise about $15 billion from the US dollar portion of a cross-border bond sale to fund the artificial intelligence infrastructure buildout.
- Shopify (SHOP) shares drop. Shopify Inc. shares sank after its quarterly revenue missed analysts&rsquo; expectations for the first time in four years. That&rsquo;s the first revenue miss since the second quarter of 2022. Weaker-than-expected subscription solutions revenue weighed on results as merchant solutions, its largest unit, was roughly in line.
- Sysco (SYY) shares drop as much as 6.6%, most intraday since March 30, after the food/products distributor said it now expects full-year revenue growth at the low end of the its prior 6%-to-7% range, reflecting a lower inflation environment for the industry. Its call starts at 10am ET.&nbsp;

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.

Meta Gains, Shopify Tumbles, and Sysco Slides on Year Revenue Target at Low End of Range

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5c0285ff-341b-435f-89a2-b4f7010af7a7/transcript

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

- CVS Health Corp. (CVS) plans to spin off its retail pharmacy business into a new company called CVS Pharmacy in the first half of 2028. The move will separate the drugstore business from the Aetna insurance unit and Caremark prescription benefits division, with both companies to be publicly traded. CVS shares plunged as much as 15% in New York on Wednesday after the announcement, which marks a shift away from the long-term trend of consolidation among major healthcare companies. CVS shares plunged as much as 15% in New York on Wednesday, erasing much of their gain for the year.

- Duolingo's (DUOL) stock price was trading up 35% on a key metric despite a narrow miss on earnings. The company reported growth in engagement, with daily active users rising 29% from a year ago to 64.9 million. Duolingo's CEO said the company's strategy of prioritizing teaching better and user growth is paying off, with bookings up 12% to $316 million.

- McDonald’s (MCD) US sales fell less than feared in the third quarter as diners spent more per visit, offsetting a traffic decline. Comparable sales slumped 0.2% in the period, a smaller contraction than the average of analyst estimates compiled by Bloomberg. McDonald’s is trying a new approach to value to replace a menu of items under $3 that disappointed, and is moving away from short-term promotions toward programs that customers have responded well to.

Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers: - CVS Health Corp. (CVS) plans to spin off its retail pharmacy business into a new company called CVS Pharmacy in the first half of 2028. The move will separate the drugstore business from the Aetna insurance unit and Caremark prescription benefits division, with both companies to be publicly traded. CVS shares plunged as much as 15% in New York on Wednesday after the announcement, which marks a shift away from the long-term trend of consolidation among major healthcare companies. CVS shares plunged as much as 15% in New York on Wednesday, erasing much of their gain for the year. - Duolingo's (DUOL) stock price was trading up 35% on a key metric despite a narrow miss on earnings. The company reported growth in engagement, with daily active users rising 29% from a year ago to 64.9 million. Duolingo's CEO said the company's strategy of prioritizing teaching better and user growth is paying off, with bookings up 12% to $316 million. - McDonald&rsquo;s (MCD) US sales fell less than feared in the third quarter as diners spent more per visit, offsetting a traffic decline. Comparable sales slumped 0.2% in the period, a smaller contraction than the average of analyst estimates compiled by Bloomberg. McDonald&rsquo;s is trying a new approach to value to replace a menu of items under $3 that disappointed, and is moving away from short-term promotions toward programs that customers have responded well to.

CVS Plunges on Spinoff Plans, Duolingo Jumps, McDonald's Rises

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d5fda072-816e-4cbf-aca3-b4f8014bdd7f/transcript

On this episode of Stock Movers:

- CVS (CVS) shares drop. CVS Health Corp. plans to spin off its retail pharmacy business into a new company called CVS Pharmacy in the first half of 2028. The move will separate the drugstore business from the Aetna insurance unit and Caremark prescription benefits division, with both companies to be publicly traded.

- Hewlett Packard (HPQ) shares rise. HP Inc. named Emma Walmsley as its new CEO, permanently filling the role after Enrique Lores departed earlier this year. Walmsley's appointment will take effect on Jan. 4, and she succeeds Bruce Broussard, who was named interim CEO when Lores left to run PayPal Holdings Inc.

- McDonald's (MCD) shares gain. McDonald’s US sales fell less than feared in the third quarter as diners spent more per visit, offsetting a traffic decline. Comparable sales slumped 0.2% in the period, a smaller contraction than the average of analyst estimates compiled by Bloomberg. McDonald’s is trying a new approach to value to replace a menu of items under $3 that disappointed, and is moving away from short-term promotions toward programs that customers have responded well to.

On this episode of Stock Movers:
- CVS (CVS) shares drop. CVS Health Corp. plans to spin off its retail pharmacy business into a new company called CVS Pharmacy in the first half of 2028. The move will separate the drugstore business from the Aetna insurance unit and Caremark prescription benefits division, with both companies to be publicly traded.
- Hewlett Packard (HPQ) shares rise. HP Inc. named Emma Walmsley as its new CEO, permanently filling the role after Enrique Lores departed earlier this year. Walmsley's appointment will take effect on Jan. 4, and she succeeds Bruce Broussard, who was named interim CEO when Lores left to run PayPal Holdings Inc.
- McDonald's (MCD) shares gain. McDonald&rsquo;s US sales fell less than feared in the third quarter as diners spent more per visit, offsetting a traffic decline. Comparable sales slumped 0.2% in the period, a smaller contraction than the average of analyst estimates compiled by Bloomberg. McDonald&rsquo;s is trying a new approach to value to replace a menu of items under $3 that disappointed, and is moving away from short-term promotions toward programs that customers have responded well to.

CVS Falls, Hewlett Packard Rises, McDonald's Gains as US Slump Cushioned by Increase in Order Sizes

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/2d39bf65-507d-45d1-a3e9-b4f8010bd113/transcript

On this episode of Stock Movers:

- SpaceX (SPCX) shares slide. Shares of Elon Musk’s Tesla Inc. and Space Exploration Technologies Corp. fell ahead of Wednesday’s US stock-market opening as Democrats swept to control of Congress. A so-called blue wave in the midterm elections will fan concerns about tighter regulations around artificial intelligence, and also creates more uncertainty over a potential merger of the electric vehicle maker and the rocket, AI and satellite giant.

- CVS (CVS) shares drop. CVS Health Corp. plans to spin off its retail pharmacy business into a new company called CVS Pharmacy in the first half of 2028. The move will separate the drugstore business from the Aetna insurance unit and Caremark prescription benefits division, with both companies to be publicly traded.

- Kraft Heinz (KHC) shares rise. Kraft Heinz Co. is divesting its North American coffee business to private equity firm One Rock Capital Partners, LLC at an enterprise value of $650 million. The company will keep a 30% non-controlling equity stake in the coffee unit and use the net cash proceeds to pay down debt. The divestment is part of Kraft Heinz's efforts to simplify and strengthen its portfolio, allowing it to concentrate its capital and management attention on brands with greater potential for growth.

On this episode of Stock Movers:
- SpaceX (SPCX) shares slide. Shares of Elon Musk&rsquo;s Tesla Inc. and Space Exploration Technologies Corp. fell ahead of Wednesday&rsquo;s US stock-market opening as Democrats swept to control of Congress. A so-called blue wave in the midterm elections will fan concerns about tighter regulations around artificial intelligence, and also creates more uncertainty over a potential merger of the electric vehicle maker and the rocket, AI and satellite giant.
- CVS (CVS) shares drop. CVS Health Corp. plans to spin off its retail pharmacy business into a new company called CVS Pharmacy in the first half of 2028. The move will separate the drugstore business from the Aetna insurance unit and Caremark prescription benefits division, with both companies to be publicly traded.
- Kraft Heinz (KHC) shares rise. Kraft Heinz Co. is divesting its North American coffee business to private equity firm One Rock Capital Partners, LLC at an enterprise value of $650 million. The company will keep a 30% non-controlling equity stake in the coffee unit and use the net cash proceeds to pay down debt. The divestment is part of Kraft Heinz's efforts to simplify and strengthen its portfolio, allowing it to concentrate its capital and management attention on brands with greater potential for growth.

SpaceX Falls, CVS Drops, Kraft Heinz Rises on News of Selling Coffee Unit

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ceef739c-a4a8-477c-beab-b4f800ff1336/transcript

Meta Gains, Shopify Tumbles, and Sysco Slides on Year Revenue Target at Low End of Range

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