On This episode of Stock Movers:

- Novo Nordisk won approval to sell a pill version of its blockbuster obesity shot Wegovy in the US, a crucial step in its effort to defend its market share from rival Eli Lilly.

- Orsted said it’s considering “all options” including legal action as it weighs how to respond to a US decision to suspend leases for five offshore wind farms, according to a statement late Monday.

- Pets at Home Group named James Bailey, the former managing director of upmarket grocer Waitrose, as its new chief executive officer to lead a reboot of the struggling pet care company. 

On This episode of Stock Movers:
- Novo Nordisk won approval to sell a pill version of its blockbuster obesity shot Wegovy in the US, a crucial step in its effort to defend its market share from rival Eli Lilly.
- Orsted said it&rsquo;s considering &ldquo;all options&rdquo; including legal action as it weighs how to respond to a US decision to suspend leases for five offshore wind farms, according to a statement late Monday.
- Pets at Home Group named James Bailey, the former managing director of upmarket grocer Waitrose, as its new chief executive officer to lead a reboot of the struggling pet care company.&nbsp;

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

Novo Nordisk's Pill, Orsted Winded, Pets At Home Up

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ac303039-0a3c-45c5-a322-b3bc00962835/transcript

On this episode of Stock Movers:

-Edison International (EIX) shares drop. Shares of PG&E Corp. and Sempra also plunged after an effort by California Governor Gavin Newsom to shift wildfire liabilities from the state’s utilities failed. At least three analysts cut their recommendations on utilities stocks after California lawmakers introduced a bill that would update the state’s wildfire response, but would not move liability away from publicly traded utilities.

-Crowdstrike (CRWD) shares rise. Clear Secure, an airport security firm, announced a strategic partnership with CrowdStrike that integrates its CLEAR1 identity platform with the CrowdStrike Falcon platform. The partnership will help companies fight security threats.

- Take-Two Interactive Software (TTWO) shares fall. Rockstar has shown fans a 26-minute preview of the upcoming blockbuster video game Grand Theft Auto 6. Its "extended look" debuted on Netflix. This came after a series of leaks in recent days as an individual or group calling themselves “CyberLeek” began publishing new footage online.

On this episode of Stock Movers:
-Edison International (EIX) shares drop. Shares of PG&amp;E Corp. and Sempra also plunged after an effort by California Governor Gavin Newsom to shift wildfire liabilities from the state&rsquo;s utilities failed. At least three analysts cut their recommendations on utilities stocks after California lawmakers introduced a bill that would update the state&rsquo;s wildfire response, but would not move liability away from publicly traded utilities.
-Crowdstrike (CRWD) shares rise. Clear Secure, an airport security firm, announced a strategic partnership with CrowdStrike that integrates its CLEAR1 identity platform with the CrowdStrike Falcon platform. The partnership will help companies fight security threats.
- Take-Two Interactive Software (TTWO) shares fall. Rockstar has shown fans a 26-minute preview of the upcoming blockbuster video game Grand Theft Auto 6. Its "extended look" debuted on Netflix. This came after a series of leaks in recent days as an individual or group calling themselves &ldquo;CyberLeek&rdquo; began publishing new footage online.

Edison International Drops, Crowdstrike Rises, and Take-Two Down After Grand Theft Auto VI Extended Look

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e3d2cc01-1060-4253-b320-b4b700fa8c86/transcript

On this episode of Stock Movers:

- PG&E (PCG) shares drop. Edison International and Sempra also plunged after unfavorable California wildfire legislation prompted analyst downgrades. California lawmakers introduced a bill that would update the state’s wildfire response, but would not shift liability away from publicly traded utilities. At least three analysts cut their recommendations on utilities stocks, citing the lack of liability protection and the risk of wildfire-related lawsuits.

- Chevron (CVX) shares rise. The stock along with oil prices jumped after Tehran claimed a supertanker in the Strait of Hormuz caught fire and the U.S. and Iran traded attacks. The U.S. and Iran traded attacks for the first time in weeks, with the U.S. targeting mine launchers and Iran firing on a U.S. base in Jordan and military targets in the United Arab Emirates. The U.S. will control a 55% stake of a new company to which Venezuela has given the rights to tap new oil fields for 100 years, according to a deal announced by President Donald Trump.

- Apple (APPL) shares are down. Apple’s changing of the guard will be gradual, with outgoing CEO Tim Cook. On Sept. 1, John Ternus will take the reins.

On this episode of Stock Movers:
- PG&amp;E (PCG) shares drop. Edison International and Sempra also plunged after unfavorable California wildfire legislation prompted analyst downgrades. California lawmakers introduced a bill that would update the state&rsquo;s wildfire response, but would not shift liability away from publicly traded utilities. At least three analysts cut their recommendations on utilities stocks, citing the lack of liability protection and the risk of wildfire-related lawsuits.
- Chevron (CVX) shares rise. The stock along with oil prices jumped after Tehran claimed a supertanker in the Strait of Hormuz caught fire and the U.S. and Iran traded attacks. The U.S. and Iran traded attacks for the first time in weeks, with the U.S. targeting mine launchers and Iran firing on a U.S. base in Jordan and military targets in the United Arab Emirates. The U.S. will control a 55% stake of a new company to which Venezuela has given the rights to tap new oil fields for 100 years, according to a deal announced by President Donald Trump.
- Apple (APPL) shares are down. Apple&rsquo;s changing of the guard will be gradual, with outgoing CEO Tim Cook. On Sept. 1, John Ternus will take the reins.

PG&E Drops, Chevron Jumps, and Apple Down as Ternus Takes the CEO Reins

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5f56a818-6f71-4b5a-96ee-b4b700eea218/transcript

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- PG&E (PGE) are extending their downward move as California legislators introduced a bill that would update the state’s wildfire response without shifting liability away from publicly traded utilities. At least three research firms, including BMO Capital Markets and Wells Fargo, downgraded the stock.  

- Chevon (CVX) and ExxonMobil (XOM) shares are rising along with the price of oil. Washington and Tehran exchanged strikes for the first time in about a month, with US Central Command targeting rocket launchers preparing to send mines into the Strait of Hormuz. In response, the Islamic Revolutionary Guard Corps said that it had attacked US air bases in Jordan.

- Nvidia (NVDA) shares are rising after the leader in AI chips dropped 4.6% Friday. Its the only stock rising in the Mag 7 on Monday. 

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- PG&amp;E (PGE) are extending their downward move as California legislators introduced a bill that would update the state&rsquo;s wildfire response without shifting liability away from publicly traded utilities. At least three research firms, including BMO Capital Markets and Wells Fargo, downgraded the stock. &nbsp;
- Chevon (CVX) and ExxonMobil (XOM) shares are rising along with the price of oil. Washington and Tehran exchanged strikes for the first time in about a month, with US Central Command targeting rocket launchers preparing to send mines into the Strait of Hormuz. In response, the Islamic Revolutionary Guard Corps said that it had attacked US air bases in Jordan.
- Nvidia (NVDA) shares are rising after the leader in AI chips dropped 4.6% Friday. Its the only stock rising in the Mag 7 on Monday.&nbsp;

PG&E Slips; Oil Stocks Rise; Nvidia Up

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/0a4873ba-8511-4998-ad93-b4b700d9cc28/transcript

Novo Nordisk's Pill, Orsted Winded, Pets At Home Up

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