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.
- Oracle (ORCL) shares fall after CFRA downgraded the software company to hold from buy. “ORCL faces mounting debt concerns as total debt exceeds $100B following recent capital raises,” and “we expect negative FCF through at least FY28,” writes analyst Angelo Zino.
- NIO (NIO) ADRs drop after the Chinese electric vehicle-maker reported revenue for the third quarter and forecasted sales for the fourth quarter that missed the average analyst estimate.

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. - Oracle (ORCL) shares fall after CFRA downgraded the software company to hold from buy. &ldquo;ORCL faces mounting debt concerns as total debt exceeds $100B following recent capital raises,&rdquo; and &ldquo;we expect negative FCF through at least FY28,&rdquo; writes analyst Angelo Zino. - NIO (NIO) ADRs drop after the Chinese electric vehicle-maker reported revenue for the third quarter and forecasted sales for the fourth quarter that missed the average analyst estimate.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Nvidia Drops, Oracle Falls, NIO ADRs Sink on Earnings   

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e6a5cafe-4c3e-47cd-9913-b3a00110c1c8/transcript

On this episode of Stock Movers:
- Instacart (CART) is down after Reuters reported that the Federal Trade Commission has sent the grocery delivery company a civil investigative demand.
- Lululemon (LULU) rises on reports that activist investor Elliott Investment Managementhas built a stake of more than $1 billion in the athletic apparel retailer.
- Micron (MU) jumps after providing an upbeat forecast for the current quarter, citing surging demand and supply shortages that are allowing the company to charge more for products.

On this episode of Stock Movers: - Instacart (CART) is down after Reuters reported that the Federal Trade Commission has sent the grocery delivery company a civil investigative demand. - Lululemon (LULU) rises on reports that activist investor Elliott Investment Managementhas built a stake of more than $1 billion in the athletic apparel retailer. - Micron (MU) jumps after providing an upbeat forecast for the current quarter, citing surging demand and supply shortages that are allowing the company to charge more for products.

Instacart Drops, Lululemon Rises, Micron Jumps on Upbeat Forecast

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/68c829a2-e01b-4d78-90fa-b3b700fb4b3b/transcript

On this episode of Stock Movers:
- Shares of Trump Media & Technology Group Corp (DJT) soared ahead of the US market open after the company behind Truth Social announced that it agreed to merge with clean fusion energy company TAE Technologies in an all-stock transaction valued at more than $6 billion.
- Shares of Micron Technology (MU) moved higher in premarket trading after the company gave an upbeat forecast for the current quarter, a sign that surging demand and supply shortages are allowing the company to charge more for products. Fiscal second-quarter revenue will be $18.3 billion to $19.1 billion, the company said in a statement Wednesday. Analysts had estimated $14.4 billion on average for the period. Excluding some items, profit will be $8.22 to $8.62 a share, compared with a projection of $4.71. Micron is the largest US maker of computer memory chips.
- Shares of Lululemon Athletica (LULU) rallied after reports activist investor Elliott Investment Management has built a stake of more than $1 billion in the athleisure maker, according to people familiar. Elliott has been working for months with retail executive Jane Nielsen — a former chief financial officer and chief operating officer at Ralph Lauren — on Lululemon, said the person, who asked to remain unnamed as the matter is private.

On this episode of Stock Movers: - Shares of Trump Media &amp; Technology Group Corp (DJT) soared ahead of the US market open after the company behind Truth Social announced that it agreed to merge with clean fusion energy company TAE Technologies in an all-stock transaction valued at more than $6 billion. - Shares of Micron Technology (MU) moved higher in premarket trading after the company gave an upbeat forecast for the current quarter, a sign that surging demand and supply shortages are allowing the company to charge more for products. Fiscal second-quarter revenue will be $18.3 billion to $19.1 billion, the company said in a statement Wednesday. Analysts had estimated $14.4 billion on average for the period. Excluding some items, profit will be $8.22 to $8.62 a share, compared with a projection of $4.71. Micron is the largest US maker of computer memory chips. - Shares of Lululemon Athletica (LULU) rallied after reports activist investor&nbsp;Elliott Investment Management&nbsp;has built a stake of more than $1 billion in&nbsp;the athleisure maker, according to people familiar. Elliott has been working for months with retail executive&nbsp;Jane Nielsen&nbsp;&mdash; a former chief financial officer and chief operating officer at Ralph Lauren &mdash; on Lululemon, said the person, who asked to remain unnamed as the matter is private.

Trump Media Soars on TAE Merger; Micron Moves Higher; Lululemon Rallies

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/fc3e023e-0643-41ee-9902-b3b700ec8da6/transcript

On this episode of Stock Movers:
- Shares of Trump Media & Technology Group Corp (DJT) soared ahead of the US market open after the company behind Truth Social announced that it agreed to merge with clean fusion energy company TAE Technologies in an all-stock transaction valued at more than $6 billion. 
- Shares of Micron Technology (MU) rallied in premarket trading after the company gave an upbeat forecast for the current quarter, a sign that surging demand and supply shortages are allowing the company to charge more for products. Fiscal second-quarter revenue will be $18.3 billion to $19.1 billion, the company said in a statement Wednesday. Analysts had estimated $14.4 billion on average for the period. Excluding some items, profit will be $8.22 to $8.62 a share, compared with a projection of $4.71. Micron is the largest US maker of computer memory chips.
- Accenture (ACN) reported adjusted earnings per share for the first quarter that beat the average analyst estimate.

On this episode of Stock Movers: - Shares of Trump Media &amp; Technology Group Corp (DJT) soared ahead of the US market open after the company behind Truth Social announced that it agreed to merge with clean fusion energy company TAE Technologies in an all-stock transaction valued at more than $6 billion. - Shares of Micron Technology (MU) rallied in premarket trading after the company gave an upbeat forecast for the current quarter, a sign that surging demand and supply shortages are allowing the company to charge more for products. Fiscal second-quarter revenue will be $18.3 billion to $19.1 billion, the company said in&nbsp;a statement&nbsp;Wednesday. Analysts had estimated $14.4 billion on average for the period. Excluding some items, profit will be $8.22 to $8.62 a share, compared with a projection of $4.71. Micron is the largest US maker of computer memory chips. - Accenture (ACN) reported adjusted earnings per share for the first quarter that beat the average analyst estimate.

Trump Media Surges on TAE Merger; Micron Rallies; Accenture Beats

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3f6d1068-4542-4d06-9f84-b3b700c6306d/transcript

Nvidia Drops, Oracle Falls, NIO ADRs Sink on Earnings

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