On this episode of Stock Movers:
- OpenAI said it’s closer to converting into a more traditional for-profit company — nearing the resolution of painful negotiations with top shareholder Microsoft (MSFT) and outlining terms of at least $100 billion in equity for its nonprofit arm.
- Adobe (ADBE) shares rise after the maker of software for creative professionals reported third-quarter results that beat expectations and raised its full-year forecast on key metrics. Analysts cited annual recurring revenue (ARR) as a highlight, and the report was seen as easing concerns about competition from AI.
- Luxury furniture company RH (RH) slumped in late trading after cutting its sales outlook for the full year, citing mounting impacts from new US tariffs that resulted in delays to a seasonal catalog.

On this episode of Stock Movers: - OpenAI said it&rsquo;s closer to converting into a more traditional for-profit company &mdash; nearing the resolution of painful negotiations with top shareholder Microsoft (MSFT) and outlining terms of at least $100 billion in equity for its nonprofit arm. - Adobe (ADBE) shares rise after the maker of software for creative professionals reported third-quarter results that beat expectations and raised its full-year forecast on key metrics. Analysts cited annual recurring revenue (ARR) as a highlight, and the report was seen as easing concerns about competition from AI. - Luxury furniture company RH (RH) slumped in late trading after cutting its sales outlook for the full year, citing mounting impacts from new US tariffs that resulted in delays to a seasonal catalog.

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

Microsoft Agreement, Adobe Beats, RH Trims

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a8dec3fd-933e-4c6c-841a-b35600bbb5c7/transcript

On this episode of Stock Movers:
- Estée Lauder (EL) shares rise. Estée Lauder Cos. plans to cut as many as 3,000 more jobs and generate a further $200 million of savings to help boost its turnaround plan. The company raised its profit outlook for the remainder of the fiscal year and expects adjusted earnings per share in the range of $2.35 to $2.45.
- Reddit (RDDT) shares rise. Reddit projected sales of $715 million to $725 million in the second quarter, surpassing Wall Street estimates. The company's first-quarter sales gained 69% to $663 million, outpacing the average estimate of $609.3 million.
- Clorox (CLX) shares slump as much as 10%, the most intraday since Feb. 2022, after the household products company’s organic sales missed consensus expectations for the third quarter and management cut its annual forecast.

On this episode of Stock Movers: - Est&eacute;e Lauder (EL) shares rise. Est&eacute;e Lauder Cos. plans to cut as many as 3,000 more jobs and generate a further $200 million of savings to help boost its turnaround plan. The company raised its profit outlook for the remainder of the fiscal year and expects adjusted earnings per share in the range of $2.35 to $2.45. - Reddit (RDDT) shares rise. Reddit projected sales of $715 million to $725 million in the second quarter, surpassing Wall Street estimates. The company's first-quarter sales gained 69% to $663 million, outpacing the average estimate of $609.3 million. - Clorox (CLX) shares slump as much as 10%, the most intraday since Feb. 2022, after the household products company&rsquo;s organic sales missed consensus expectations for the third quarter and management cut its annual forecast.

Estée Lauder Jumps, Reddit Rises, Clorox Sinks on Litter, Dressing Weakness 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ce8646be-ec42-42e0-ae0d-b43d01044a5f/transcript

On this episode of Stock Movers:
-Apple (AAPL) shares rise. Apple delivered a strong revenue forecast for the third quarter, with sales expected to rise 14% to 17% in the period. The company warned that memory-chip costs will increase and that shortages of Mac computers will persist for “several months.”
-Roblox (RBLX) shares fall. Roblox shares plunged after the company reported fewer daily users in the first quarter than analysts expected due to safety features it implemented. Roblox lowered its forecast for full-year bookings, attributing the change to its “aggressive push to enhance safety”, and projected another quarter of user declines.
-Reddit (RDDT) shares rise. Reddit projected sales in the current period that surpassed Wall Street estimates, continuing a streak of strong revenue growth powered by the company’s surging advertising business.

On this episode of Stock Movers: -Apple (AAPL) shares rise. Apple delivered a strong revenue forecast for the third quarter, with sales expected to rise 14% to 17% in the period. The company warned that memory-chip costs will increase and that shortages of Mac computers will persist for &ldquo;several months.&rdquo; -Roblox (RBLX) shares fall. Roblox shares plunged after the company reported fewer daily users in the first quarter than analysts expected due to safety features it implemented. Roblox lowered its forecast for full-year bookings, attributing the change to its &ldquo;aggressive push to enhance safety&rdquo;, and projected another quarter of user declines. -Reddit (RDDT) shares rise. Reddit projected sales in the current period that surpassed Wall Street estimates, continuing a streak of strong revenue growth powered by the company&rsquo;s surging advertising business.

Apple Rises, Roblox Plunges, Reddit Gains on Continued Ads Growth

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/b8715652-c680-4555-8b2d-b43d00f24dd2/transcript

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Apple (APPL) shares are up this morning as it delivered a strong revenue forecast for the third quarter, with sales expected to rise 14% to 17% in the period. The company warned that memory-chip costs will increase and that shortages of Mac computers will persist for “several months.”
- Estee Lauder (EL) is rising as the company boosted its organic net sales guidance for the full year; the guidance beat the average analyst estimate.

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Apple (APPL) shares are up this morning as it delivered a strong revenue forecast for the third quarter, with sales expected to rise 14% to 17% in the period. The company warned that memory-chip costs will increase and that shortages of Mac computers will persist for &ldquo;several months.&rdquo; - Estee Lauder (EL) is rising as the company boosted its organic net sales guidance for the full year; the guidance beat the average analyst estimate.

Apple Moves Higher; Estee Lauder Climbs

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ff565afa-2efa-4007-8c4a-b43d00df1872/transcript

Microsoft Agreement, Adobe Beats, RH Trims

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