On this episode of Stock Movers:
- Meta Platforms (META) shares were up more than 7% on Wednesday after the company introduced Muse Spark, a new multimodal reasoning model and the first in its Muse family, as the company steps up efforts to build what it calls "personal superintelligence."

- Levi Strauss shares soar as much as 16%, the most intraday since April 9 of last year, after the apparel company boosted its adjusted earnings-per-share and revenue forecasts for the full year. The denim company also reported first-quarter earnings and sales that topped estimates.

- Galloway Capital Partners sent a letter to Chegg’s (CHGG) board, arguing that its share price is undervalued while calling on management to take steps to improve capital markets communication and investor awareness. Chegg shares jumped 16%.

On this episode of Stock Movers: - Meta Platforms (META) shares were up more than 7% on Wednesday after the company introduced Muse Spark, a new multimodal reasoning model and the first in its Muse family, as the company steps up efforts to build what it calls "personal superintelligence." - Levi Strauss shares soar as much as 16%, the most intraday since April 9 of last year, after the apparel company boosted its adjusted earnings-per-share and revenue forecasts for the full year. The denim company also reported first-quarter earnings and sales that topped estimates. - Galloway Capital Partners sent a letter to Chegg&rsquo;s (CHGG) board, arguing that its share price is undervalued while calling on management to take steps to improve capital markets communication and investor awareness. Chegg shares jumped 16%.

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

Meta Rises, Levi Soars, Chegg Jumps

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/05c54de2-8e4c-44a1-a4e5-b426013a7230/transcript

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 Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

- CoreWeave (CRWV) stock swung between gains and losses Thursday after the cloud infrastructure provider unveiled an expanded deal with Meta Platforms worth roughly $21 billion. CoreWeave will provide Meta with artificial-intelligence cloud capacity through Dec. 20, 2032, as part of the deal. Meta also will exercise a previous option for additional capacity, which was included in the pair's cloud agreement last year. CoreWeave stock was up 4.5% to $92.73 in afternoon trading after rising sharply in the premarket session and then falling by more than 4% after the opening bell.

-Intel (INTC) trying to promote the use of its technology in data centers, said Alphabet Inc.’s Google has committed to using future generations of its Xeon processors and other chips. As part of the multiyear agreement, announced Thursday, the search engine giant will customize Intel’s IPUs, or infrastructure processing units. Intel’s stock rose as much as 3.6% in New York trading, adding to a rally of about 20% this week.

-Home Depot (HD) shares declined as much as 2.3% while the home improvement retailer gave a presentation during a JPMorgan retail forum. During the event, CFO Richard McPhail said economic uncertainty is weighing on consumers’ willingness to take on bigger projects.

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 Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. - CoreWeave (CRWV) stock swung between gains and losses Thursday after the cloud infrastructure provider unveiled an expanded deal with Meta Platforms worth roughly $21 billion. CoreWeave will provide Meta with artificial-intelligence cloud capacity through Dec. 20, 2032, as part of the deal. Meta also will exercise a previous option for additional capacity, which was included in the pair's cloud agreement last year. CoreWeave stock was up 4.5% to $92.73 in afternoon trading after rising sharply in the premarket session and then falling by more than 4% after the opening bell. -Intel (INTC) trying to promote the use of its technology in data centers, said Alphabet Inc.&rsquo;s Google has committed to using future generations of its Xeon processors and other chips. As part of the multiyear agreement, announced Thursday, the search engine giant will customize Intel&rsquo;s IPUs, or infrastructure processing units. Intel&rsquo;s stock rose as much as 3.6% in New York trading, adding to a rally of about 20% this week. -Home Depot (HD) shares declined as much as 2.3% while the home improvement retailer gave a presentation during a JPMorgan retail forum. During the event, CFO Richard McPhail said economic uncertainty is weighing on consumers&rsquo; willingness to take on bigger projects.

Closing Bell: CoreWeave Swings, Intel Jumps, Home Depot Declines

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d2e45bc7-6c37-4f81-bd6c-b427014c522d/transcript

On this episode of Stock Movers:
-CoreWeave Inc. (CRWV) has struck another, much larger $21 billion deal to supply computing power to Meta Platforms Inc. through 2032, deepening its business with the social media giant that’s trying to catch up in the race to build more powerful artificial intelligence models.

-Carvana (CVNA) shares slump 6.3% on Thursday as JPMorgan analyst Rajat Gupta cut his price target on the digital used-car retailer to $455 from $490.

-Chevron Corp. (CVX) said its production fell as much as 6% in the first quarter due in part to the Iran war, echoing a similar disclosure from Exxon Mobil Corp. earlier this week.

On this episode of Stock Movers: -CoreWeave Inc.&nbsp;(CRWV) has struck another, much larger $21 billion deal to supply computing power to&nbsp;Meta Platforms Inc.&nbsp;through 2032, deepening its business with the social media giant that&rsquo;s trying to catch up in the race to build more powerful artificial intelligence models. -Carvana (CVNA) shares slump 6.3% on Thursday as JPMorgan analyst Rajat Gupta cut his price target on the digital used-car retailer to $455 from $490. -Chevron Corp.&nbsp;(CVX) said its production fell as much as 6% in the first quarter due in part to the Iran war, echoing a similar disclosure from&nbsp;Exxon Mobil Corp.&nbsp;earlier this week.

CoreWeave Gains, Carvana Slumps, Chevron Drops

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/9bd4c568-9246-4796-b084-b427013d38dd/transcript

On this episode of Stock Movers:

- Coreweave (CRWV) shares gain after news that it struck a $21 billion deal to supply computing power to Meta Platforms Inc. through 2032. CoreWeave will provide AI cloud capacity to Meta from multiple data centers powered in part by the Rubin systems of chips company Nvidia Corp., through December 2032.

- Sandisk (SNDK) shares surge after news that its' price target is being raised to a Street-high view of $1,250 from $1,000 at Bernstein, which cites ongoing strength in prices for memory chips. 

- Constellation Brands (STZ) shares fall after the maker of Corona and Modelo Especial gave an outlook for full-year comparable earnings-per-share that missed the average analyst estimate. The company also said it’s withdrawing its previously issued fiscal 2028 forecast.

On this episode of Stock Movers:
- Coreweave (CRWV) shares gain after news that it struck a $21 billion deal to supply computing power to Meta Platforms Inc. through 2032. CoreWeave will provide AI cloud capacity to Meta from multiple data centers powered in part by the Rubin systems of chips company Nvidia Corp., through December 2032.
- Sandisk (SNDK) shares surge after news that its' price target is being raised to a Street-high view of $1,250 from $1,000 at Bernstein, which cites ongoing strength in prices for memory chips.&nbsp;
- Constellation Brands (STZ) shares fall after the maker of Corona and Modelo Especial gave an outlook for full-year comparable earnings-per-share that missed the average analyst estimate. The company also said it&rsquo;s withdrawing its previously issued fiscal 2028 forecast.

Coreweave Gains, Sandisk Surges, Constellation Brands Falls as Outlook Disappoints

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/94286e7d-2db7-4c89-b18e-b42700fe810b/transcript

Meta Rises, Levi Soars, Chegg Jumps

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