On this episode of Stock Movers:
- Qualcomm (QCOM) kicked off its biggest stock rally since 2019 after unveiling chips and computers for the lucrative AI data center market, aiming to challenge Nvidia in the fastest-growing part of the industry.
- Lululemon Athletica (LULU) rises after entering an arrangement with the National Football League and sports merchandiser Fanatics to develop a line of fan apparel. This comes as the yoga-wear retailer searches for new avenues of growth.
- Keurig Dr Pepper (KDP) jumps after the company announced it is raising $7 billion from Apollo and KKR to help finance its acquisition of JDE Peet’s NV, aiming to ease investor concerns about taking on too much debt.

Nvidia and Salesforce Report; Intuit Slumps
04:41

Sage Group Drops, Applied Nutrition Rises, Salmar Gains
03:40

SAP Lower, Applied Nutrition Gains, Ambu Drops
04:40