On this episode of Stock Movers:
- Microsoft (MSFT) shares drop after Rothschild & Co Redburn's Alexander Haissl downgraded Microsoft Corp. and Amazon.com, Inc. to neutral from buy, citing the industry's "trust us" – Gen-AI is just like early cloud 1.0” narrative looks “increasingly misplaced,
- Home Depot (HD) shares fall after the company cut its full-year earnings guidance, warning that some unsteady consumers are hitting the pause button on big-ticket home purchases. The world’s largest home-improvement retailer said it expects adjusted earnings per share to decline 5% from a year ago, lower than its previous forecast. 
- Honeywell (HON) shares sink after BofA Global Research cut the recommendation on the industrial giant to underperform from buy, becoming the lone sell-equivalent rating in Bloomberg data. BofA expects shares to lag as elements of its spinoff strategy disappoint investors and the company doesn’t deliver earnings growth next year.

On this episode of Stock Movers: - Microsoft (MSFT) shares drop after Rothschild &amp; Co Redburn's Alexander Haissl downgraded Microsoft Corp. and Amazon.com, Inc. to neutral from buy, citing the industry's "trust us" &ndash; Gen-AI is just like early cloud 1.0&rdquo; narrative looks &ldquo;increasingly misplaced, - Home Depot (HD) shares fall after the company cut its full-year earnings guidance, warning that some unsteady consumers are hitting the pause button on big-ticket home purchases. The world&rsquo;s largest home-improvement retailer said it expects adjusted earnings per share to decline 5% from a year ago, lower than its previous forecast. - Honeywell (HON) shares sink after BofA Global Research cut the recommendation on the industrial giant to underperform from buy, becoming the lone sell-equivalent rating in Bloomberg data. BofA expects shares to lag as elements of its spinoff strategy disappoint investors and the company doesn&rsquo;t deliver earnings growth next year.

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Stock Movers

Microsoft Drops, Home Depot Falls, Honeywell Sinks on Ratings Downgrade

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/583b6dc9-e140-4374-8ac1-b39901028bfd/transcript

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