On this episode of Stock Movers:
- Nvidia (NVDA) shares fall after news that Meta Platforms is in talks to spend billions on Google’s AI chips, adding to a monthslong share rally as the search giant has made the case it can rival Nvidia Corp. as a leader in artificial intelligence technology.
- Abercrombie & Fitch (ANF) shares jump after the company raised the low end of its full-year sales outlook as its Hollister brand continued to gain momentum.Net sales will grow 6% to 7% this year, up from the retailer’s previous outlook for at least a 5% gain. Sales at Hollister jumped 16%, helped by strong strong back-to-school demand, the company said in a statement.
- Kohl's (KSS) shares rise after positive earnings and news that it promoted interim Chief Executive Officer Michael Bender to the role on a permanent basis as the US retailer tries to move past a period of management turmoil and slumping sales.

On this episode of Stock Movers: - Nvidia (NVDA) shares fall after news that Meta Platforms is in talks to spend billions on Google&rsquo;s AI chips, adding to a monthslong share rally as the search giant has made the case it can rival Nvidia Corp. as a leader in artificial intelligence technology. - Abercrombie &amp; Fitch (ANF) shares jump after the company raised the low end of its full-year sales outlook as its Hollister brand continued to gain momentum.Net sales will grow 6% to 7% this year, up from the retailer&rsquo;s previous outlook for at least a 5% gain. Sales at Hollister jumped 16%, helped by strong strong back-to-school demand, the company said in a statement. - Kohl's (KSS) shares rise after positive earnings and news that it promoted interim Chief Executive Officer Michael Bender to the role on a permanent basis as the US retailer tries to move past a period of management turmoil and slumping sales.

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

Nvidia Drops, Abercrombie & Fitch Jumps, Kohl's Rises on Earnings and CEO News

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/46576a0c-dc74-403b-bc6a-b3a000ff455b/transcript

On this episode of Stock Movers:
- Pony AI (PONY) shares rise. Pony AI Inc. raised its robotaxi fleet target for this year by 500 vehicles to 3,500 after reporting stronger-than-expected first-quarter revenue. The company posted 145% on-year revenue growth to $34.3 million in the three months ended March, beating the $21.7 million average analyst estimate.
- Autozone (AZO) shares slide. The retailer of automotive replacement parts posted comparable sales for the third quarter that fell short of Wall Street’s expectations.
- Micron Technology (MU) shares gain. UBS raised its price target on the memory chipmaker to a Street-high view of $1,625, up from $535. The target implies the stock will more than double off its premarket price of roughly $800, and would represent a market capitalization of $1.8 trillion, suggesting Micron will cement its recent status as one of the largest companies in the world, and one of the most important companies of the AI trade.

On this episode of Stock Movers: - Pony AI (PONY) shares rise. Pony AI Inc. raised its robotaxi fleet target for this year by 500 vehicles to 3,500 after reporting stronger-than-expected first-quarter revenue. The company posted 145% on-year revenue growth to $34.3 million in the three months ended March, beating the $21.7 million average analyst estimate. - Autozone (AZO) shares slide. The retailer of automotive replacement parts posted comparable sales for the third quarter that fell short of Wall Street&rsquo;s expectations. - Micron Technology (MU) shares gain. UBS raised its price target on the memory chipmaker to a Street-high view of $1,625, up from $535. The target implies the stock will more than double off its premarket price of roughly $800, and would represent a market capitalization of $1.8 trillion, suggesting Micron will cement its recent status as one of the largest companies in the world, and one of the most important companies of the AI trade.

Pony AI Rises, Autozone Slides, Micron Gains After UBS Raises Price Target

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/1df93456-ecd5-491e-9428-b45600fb7aaf/transcript

On this episode of Stock Movers:
- Eli Lilly (LLY) shares rise. Eli Lilly & Co. is buying three clinical-stage vaccine developers for as much as $3.8 billion, leveraging its obesity-fueled dominance to establish itself as a leader in other areas and become a major player in infectious diseases. 
- Micron Technology (MU) shares gain. UBS raised its price target on the memory chipmaker to a Street-high view of $1,625, up from $535. The target implies the stock will more than double off its premarket price of roughly $800, and would represent a market capitalization of $1.8 trillion, suggesting Micron will cement its recent status as one of the largest companies in the world, and one of the most important companies of the AI trade.
- Redwire shares rise. Shares in rocket and satellite companies rally Tuesday and are set to extend recent gains. The sector has advanced since SpaceX filed publicly for what stands to be the largest ever initial public offering.

On this episode of Stock Movers: - Eli Lilly (LLY) shares rise. Eli Lilly &amp; Co. is buying three clinical-stage vaccine developers for as much as $3.8 billion, leveraging its obesity-fueled dominance to establish itself as a leader in other areas and become a major player in infectious diseases. - Micron Technology (MU) shares gain. UBS raised its price target on the memory chipmaker to a Street-high view of $1,625, up from $535. The target implies the stock will more than double off its premarket price of roughly $800, and would represent a market capitalization of $1.8 trillion, suggesting Micron will cement its recent status as one of the largest companies in the world, and one of the most important companies of the AI trade. - Redwire shares rise. Shares in rocket and satellite companies rally Tuesday and are set to extend recent gains. The sector has advanced since SpaceX filed publicly for what stands to be the largest ever initial public offering.

Eli Lilly Rises, Micron Technology Gains, Redwire Up as SpaceX Kicks Off IPO Process 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6d4b0d5b-d216-4b43-bcaf-b45600ef3685/transcript

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- AutoZone (AZO) shares fall after the retailer of automotive replacement parts posted comparable sales for the third quarter that fell short of Wall Street’s expectations.
- Ferrari (RACE IM) shares fell almost 8% after critics panned the look of its first fully electric vehicle, a setback for the Italian super-car maker’s controversial push into EVs.
- Eli Lilly (LLY) agreed to buy three vaccine developers for as much as $3.8 billion, marking the drugmaker’s re-entry into the infectious disease space.

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - AutoZone (AZO) shares fall after the retailer of automotive replacement parts posted comparable sales for the third quarter that fell short of Wall Street&rsquo;s expectations. - Ferrari (RACE IM) shares fell almost 8% after critics panned the look of its first fully electric vehicle, a setback for the Italian super-car maker&rsquo;s controversial push into EVs. - Eli Lilly (LLY) agreed to buy three vaccine developers for as much as $3.8 billion, marking the drugmaker&rsquo;s re-entry into the infectious disease space.

AutoZone Shares Slide; Ferrari Falls; Lilly to Buy Three Vaccine Developers

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/f805713a-6835-4043-be9d-b45600d924f1/transcript

Nvidia Drops, Abercrombie & Fitch Jumps, Kohl's Rises on Earnings and CEO News

In 1 playlist(s)

Stock Movers

Social links

Follow podcast

Recent clips