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.

KDP Sees Boost From JDE Peet’s; Planet Fitness Shares Fall; Hims’ Falls on Fears Over Copycat Drugs
04:12

Home Depot Sales Top Estimates; Paramount to Submit Higher Offer for Warner Bros.; Hims’ Falls
04:33

StanChart's Swing, Telefonica & Unite Earnings
04:53