On this episode of Stock Movers:
- Richemont sales jumped to a record in the final months of last year as holiday shoppers splurged on its watches and Cartier jewelry, led by demand in the US and the Middle East. It's shares rose 2.6% on the news.
- ASML shares soared to a record high, sending its market value beyond $500 billion, after Asian peer Taiwan Semiconductor Manufacturing Co. gave a stronger-than-anticipated outlook for 2026. The Dutch semiconductor equipment maker rose as much as 7.6%, extending its year-to-date gain to 25%.
- Swedbank rose 6%. Trading volume was 106 times the average for this time of day.

On this episode of Stock Movers: - Richemont&nbsp;sales jumped to a record in the final months of last year as holiday shoppers splurged on its watches and Cartier jewelry, led by demand in the US and the Middle East. It's shares rose 2.6% on the news. - ASML shares soared to a record high, sending its market value beyond $500 billion, after Asian peer Taiwan Semiconductor Manufacturing Co. gave a stronger-than-anticipated outlook for 2026. The Dutch semiconductor equipment maker rose as much as 7.6%, extending its year-to-date gain to 25%. - Swedbank rose 6%. Trading volume was 106 times the average for this time of day.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. 

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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

Richemont Rises, ASML Soars, Swedbank Up 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/19271769-1f5b-4b33-9359-b3d300954ea4/transcript

On this episode of Stock Movers:
- Citigroup [C] shares gained as much as 3.3% after the bank reported FICC sales and trading revenue for the first quarter that beat the average analyst estimate. Equities sales and trading revenue also beat expectations. Piper Sandler said it was a much better quarter than it had forecast.

- Anthropic is preparing its next flagship model, Claude Opus 4.7, along with a new AI-powered tool for designing websites and presentations, The Information reports, citing an unidentified person with knowledge of the products. As a result, Adobe (ADBE) and Figma (FIG) slide 1.8% and 3.3% respectively.

- Travere Therapeutics (TVTX) shares jump as much as 47% in premarket trading after the drugmaker said the US FDA approved Filspari (sparsentan) to help treat a rare kidney disease called focal segmental glomerulosclerosis (FSGS).

On this episode of Stock Movers: - Citigroup [C] shares gained as much as 3.3% after the bank reported FICC sales and trading revenue for the first quarter that beat the average analyst estimate. Equities sales and trading revenue also beat expectations. Piper Sandler said it was a much better quarter than it had forecast. - Anthropic is preparing its next flagship model, Claude Opus 4.7, along with a new AI-powered tool for designing websites and presentations, The Information reports, citing an unidentified person with knowledge of the products. As a result, Adobe (ADBE) and Figma (FIG) slide 1.8% and 3.3% respectively. - Travere Therapeutics (TVTX) shares jump as much as 47% in premarket trading after the drugmaker said the US FDA approved Filspari (sparsentan) to help treat a rare kidney disease called focal segmental glomerulosclerosis (FSGS).

Citi Gains, Adobe/Figma Slide, Travere Therapeutics Soars

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c7b3c422-32cb-4201-8585-b42c015a5c19/transcript

On this episode of Stock Movers: 
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Isabelle Lee, Katie Greifeld, Carol Massar and Tim Stenovec.

- United Airlines (UAL) shares rose as much as 3.9% and American Airlines (AAL) shares gained as much as 9.6% after United Chief Executive Officer Scott Kirby floated a possible combination between the two airlines

- Globalstar (GSAT) shares rise 9.2% in premarket trading after Amazon (AMZN) agreed to acquire the company for $90 a share in cash and stock to extend satellite coverage and enable direct-to-device services. That represents a nearly 117% premium over Globalstar’s price from late October, before Bloomberg reported that the company was exploring a potential sale. The deal is expected to close in 2027

- Wells Fargo (WFC) fell short across its primary income streams in the first quarter, with net interest income and noninterest income lower than analysts' estimates. Wells Fargo's shares slumped 4.8% after the earnings report, with the company's results and unchanged 2026 guidance likely to cause modest disappointment and weigh on the bank's shares.

On this episode of Stock Movers: Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Isabelle Lee, Katie Greifeld, Carol Massar and Tim Stenovec. - United Airlines (UAL) shares rose as much as 3.9% and American Airlines (AAL) shares gained as much as 9.6% after United Chief Executive Officer Scott Kirby floated a possible combination between the two airlines - Globalstar (GSAT) shares rise 9.2% in premarket trading after Amazon (AMZN) agreed to acquire the company for $90 a share in cash and stock to extend satellite coverage and enable direct-to-device services. That represents a nearly 117% premium over Globalstar&rsquo;s price from late October, before Bloomberg reported that the company was exploring a potential sale. The deal is expected to close in 2027 - Wells Fargo (WFC) fell short across its primary income streams in the first quarter, with net interest income and noninterest income lower than analysts' estimates. Wells Fargo's shares slumped 4.8% after the earnings report, with the company's results and unchanged 2026 guidance likely to cause modest disappointment and weigh on the bank's shares.

Closing Bell: Airlines Jumps, Amazon/Globalstar Rises on Deal, Walls Fargo Drops

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c0f74357-4afd-4088-961e-b42c01501961/transcript

On this episode of Stock Movers:
- Wells Fargo (WFC) shares slide as much as 6.8% on Tuesday, the biggest intraday drop since July, after the US bank reported net interest income for the first quarter that missed the average analyst estimate. JPMorgan (JPM) shares fell over 3% premarket Tuesday after the largest US bank cut its net interest income forecast for the full year.

- United Airlines (UAL) shares rose as much as 3.9% and American Airlines (AAL) shares gained as much as 9.6% after United Chief Executive Officer Scott Kirby floated a possible combination between the two airlines. JetBlue (JBLU) Advances 14%, most in a year beating gains in S&P 500

- Globalstar (GSAT) shares rise 9.2% in premarket trading after Amazon (AMZN) agreed to acquire the company for $90 a share in cash and stock to extend satellite coverage and enable direct-to-device services. That represents a nearly 117% premium over Globalstar’s price from late October, before Bloomberg reported that the company was exploring a potential sale. The deal is expected to close in 2027.

On this episode of Stock Movers: - Wells Fargo (WFC) shares slide as much as 6.8% on Tuesday, the biggest intraday drop since July, after the US bank reported net interest income for the first quarter that missed the average analyst estimate. JPMorgan (JPM) shares fell over 3% premarket Tuesday after the largest US bank cut its net interest income forecast for the full year. - United Airlines (UAL) shares rose as much as 3.9% and American Airlines (AAL) shares gained as much as 9.6% after United Chief Executive Officer Scott Kirby floated a possible combination between the two airlines. JetBlue (JBLU) Advances 14%, most in a year beating gains in S&amp;P 500 - Globalstar (GSAT) shares rise 9.2% in premarket trading after Amazon (AMZN) agreed to acquire the company for $90 a share in cash and stock to extend satellite coverage and enable direct-to-device services. That represents a nearly 117% premium over Globalstar&rsquo;s price from late October, before Bloomberg reported that the company was exploring a potential sale. The deal is expected to close in 2027.

Banks Slide, Airlines Soar, Globalstar Jumps

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/da61ea65-77d9-4ddc-a9fc-b42c013a7902/transcript

Richemont Rises, ASML Soars, Swedbank Up

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