On this episode of Stock Movers:

- Palantir (PLTR) shares rise. The company's stock jumped as President Donald Trump ratcheted up threats against Iran, and is continuing to rise amid military strikes by the US and Israel on the country.

- Best Buy (BBY) shares gain after the company reported profit for the holiday-shopping season that was better than expected, with adjusted earnings per share of $2.61. The company's revenue forecast for this year met Wall Street estimates, and it boosted its dividend, giving investors confidence.

- Cigna (CI) shares fall after the health insurer said David M. Cordani will retire as chief executive officer and be replaced by chief operating officer Brian Evanko. 

On this episode of Stock Movers:
- Palantir (PLTR) shares rise. The company's stock jumped as President Donald Trump ratcheted up threats against Iran, and is continuing to rise amid military strikes by the US and Israel on the country.
- Best Buy (BBY) shares gain after the company reported profit for the holiday-shopping season that was better than expected, with adjusted earnings per share of $2.61. The company's revenue forecast for this year met Wall Street estimates, and it boosted its dividend, giving investors confidence.
- Cigna (CI) shares fall after the health insurer said David M. Cordani will retire as chief executive officer and be replaced by chief operating officer Brian Evanko.&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

Palantir Jumps, Best Buy Gains, Cigna Falls on ‘Surprise’ CEO Retiremen

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/b6345fb4-bb9f-4f64-8f11-b402010ac652/transcript

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

On this episode of Stock Movers:

- Best Buy (BBY) surged after reporting profit for the holiday-shopping season that was better than feared. Its revenue forecast for this year also met expectations, giving investors confidence that the electronics chain won’t take a step backward.

- Target (TGT) shares rise after the retailer reported adjusted EPS for the fourth quarter that soared above the consensus estimate. Management said sales and traffic trends accelerated in the last two months of the period, and that it saw “a healthy, positive sales increase” in February. 

- Pinterest (PINS) shares are jumping after the company announced a $1 billion strategic investment from Elliott Investment Management. It also authorized a new $3.5 billion share repurchase program for its Class A common stock.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Best Buy (BBY) surged after reporting profit for the holiday-shopping season that was better than feared. Its revenue forecast for this year also met expectations, giving investors confidence that the electronics chain won&rsquo;t take a step backward.
- Target (TGT) shares rise after the retailer reported adjusted EPS for the fourth quarter that soared above the consensus estimate. Management said sales and traffic trends accelerated in the last two months of the period, and that it saw &ldquo;a healthy, positive sales increase&rdquo; in February.&nbsp;
- Pinterest (PINS) shares are jumping after the company announced a $1 billion strategic investment from Elliott Investment Management. It also authorized a new $3.5 billion share repurchase program for its Class A common stock.

Best Buy Surges; Target Climbs; Pinterest Jumps

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/65773419-9b2d-4b5a-891a-b40200e8bac1/transcript

On this episode of Stock Movers:
- Target (TGT) forecast better-than-expected profit for the full year, indicating the big-box retailer’s turnaround plans are generating results.Adjusted earnings per share are projected in a range of $7.50 to $8.50 in the current fiscal year, the company said in a statement on Tuesday. The midpoint is above the average of estimates compiled by Bloomberg.
- Fitch Ratings downgraded Paramount Skydance’s (PSKY) corporate and long-term borrower ratings to junk following the media company’s agreement to buy larger rival Warner Bros. Discovery Inc., a deal that will saddle the combined business with $79 billion in net debt.
- Credo Technology (CRDO) shares drop after the communications equipment company reported revenue for the third quarter that matched its preliminary results announced in February.

On this episode of Stock Movers: - Target (TGT) forecast better-than-expected profit for the full year, indicating the big-box retailer&rsquo;s turnaround plans are generating results.Adjusted earnings per share are projected in a range of $7.50 to $8.50 in the current fiscal year, the company said in a statement on Tuesday. The midpoint is above the average of estimates compiled by Bloomberg. - Fitch Ratings downgraded Paramount Skydance&rsquo;s (PSKY) corporate and long-term borrower ratings to junk following the media company&rsquo;s agreement to buy larger rival Warner Bros. Discovery Inc., a deal that will saddle the combined business with $79 billion in net debt. - Credo Technology (CRDO) shares drop after the communications equipment company reported revenue for the third quarter that matched its preliminary results announced in February.

Target Surprises With Upbeat Forecast; Paramount Debt Downgraded; Credo Shares Fall

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d27d4038-5f69-4f96-9a9c-b40200c648c4/transcript

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Maersk is upgraded to neutral from underperform at Bank of America. The escalation in the Middle East crisis has pushed back a re-opening of the Red Sea, meaning shipping rates will remain elevated. The shares gain as much as 5.9%, the most since Jan. 12, amid a sector-wide advance.
- Beiersdorf shares fall as much as 13%, the most since August, after the German owner of the Nivea brand posted disappointing guidance for the year that is likely to lead to consensus cuts, according to Citi.
- European airline stocks slump as conflict in the Middle East causes major disruptions at some of the world’s busiest airports. Analysts warn that higher fuel costs and airspace closures will weigh on the sector.

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Maersk is upgraded to neutral from underperform at Bank of America. The escalation in the Middle East crisis has pushed back a re-opening of the Red Sea, meaning shipping rates will remain elevated. The shares gain as much as 5.9%, the most since Jan. 12, amid a sector-wide advance. - Beiersdorf shares fall as much as 13%, the most since August, after the German owner of the Nivea brand posted disappointing guidance for the year that is likely to lead to consensus cuts, according to Citi. - European airline stocks slump as conflict in the Middle East causes major disruptions at some of the world&rsquo;s busiest airports. Analysts warn that higher fuel costs and airspace closures will weigh on the sector.

Maersk Gains, Beiersdorf Drops, Lufthsnsa Falls 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8bcd886a-c411-48a8-b11b-b402009eb6bd/transcript

Palantir Jumps, Best Buy Gains, Cigna Falls on ‘Surprise’ CEO Retiremen

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