On this episode of Stock Movers:

- SAP shares surge as much as 11%, the most since 2019, after the German software company reported a 29% growth in current cloud backlog on constant-currency terms, indicating resilient demand for its cloud-based software despite growing trade uncertainties. The company beat estimates for profits and free cash flow as its cost cuts starting last year bear fruit.

- Reckitt Benckiser reported lackluster sales growth and said market conditions could affect the timing of its transformation, causing its shares to slide.

- BNP Paribas Exane raised its recommendation on Industria de Diseno Textil to outperform from neutral as the Spanish clothing retailer is well-positioned to weather the tariff crisis.

On this episode of Stock Movers: - SAP shares surge as much as 11%, the most since 2019, after the German software company reported a 29% growth in current cloud backlog on constant-currency terms, indicating resilient demand for its cloud-based software despite growing trade uncertainties. The company beat estimates for profits and free cash flow as its cost cuts starting last year bear fruit. - Reckitt Benckiser reported lackluster sales growth and said market conditions could affect the timing of its transformation, causing its shares to slide. - BNP Paribas Exane raised its recommendation on Industria de Diseno Textil to outperform from neutral as the Spanish clothing retailer is well-positioned to weather the tariff crisis.

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

SAP Soars, Reckitt Slumps, Inditex Outperform Rating 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/78611153-0a09-4f24-9d03-b2c8008b5358/transcript

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

On this episode of Stock Movers:

- Sezzle (SEZL) shares rallied in postmarket trading after the financial technology company raised its total revenue growth forecast for the full year.

- Whirlpool (WHR) shares tumbled as much as 20% in afterhours trading after the household appliance manufacturer cut its revenue forecast for the full year, missing the average analyst estimate.

- AMD (AMD), the leading challenger to Nvidia in AI computing chips, soared to a record in early trading after a flood of data center spending bolstered its sales forecast. Second-quarter revenue will be $11.2 billion, plus or minus $300 million, the company said in a statement Tuesday. That compares with an average analyst prediction of $10.5 billion, according to data compiled by Bloomberg. The stock soared in trading on Wednesday, rising as much as 21%.

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Sezzle (SEZL) shares rallied in postmarket trading after the financial technology company raised its total revenue growth forecast for the full year. - Whirlpool (WHR) shares tumbled as much as 20% in afterhours trading after the household appliance manufacturer cut its revenue forecast for the full year, missing the average analyst estimate. - AMD (AMD), the leading challenger to Nvidia in AI computing chips, soared to a record in early trading after a flood of data center spending bolstered its sales forecast. Second-quarter revenue will be $11.2 billion, plus or minus $300 million, the company said in a statement Tuesday. That compares with an average analyst prediction of $10.5 billion, according to data compiled by Bloomberg. The stock soared in trading on Wednesday, rising as much as 21%.

Sezzle Shares Advance, Whirlpool Misses Estimates, AMD Gains

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/cbb9018c-b159-406b-b8ab-b4420164c64b/transcript

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

On this episode of Stock Movers:

- AMD (AMD), the leading challenger to Nvidia Corp. in AI computing chips, soared to a record in early trading after a flood of data center spending bolstered its sales forecast. Second-quarter revenue will be $11.2 billion, plus or minus $300 million, the company said in a statement Tuesday. That compares with an average analyst prediction of $10.5 billion, according to data compiled by Bloomberg. The stock soared in trading on Wednesday.

- Uber (UBER) provided a better-than-expected forecast for bookings, signaling that robust demand from US commuters and travelers will offset impact from geopolitical tensions in the Middle East. The ride-hailing service guided total gross bookings to between $56.25 billion and $57.75 billion for the three-month period ending in June, while analysts on average looked for $56.23 billion. Total gross bookings include ride hails, delivery orders and driver and merchant earnings but not tips. Shares of Uber jumped as much as 7.6% to $78.50 in New York after the results were released, the biggest intraday gain since June 24. Rideshare peer Lyft gained as well.

- DaVita (DVA) shares jumped to hit a record high after the kidney dialysis services operator reported adjusted earnings per share from continuing operations for the first quarter that surpassed expectations. It also raised its full-year adjusted operating income forecast.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers: - AMD (AMD), the leading challenger to Nvidia Corp. in AI computing chips, soared to a record in early trading after a flood of data center spending bolstered its sales forecast. Second-quarter revenue will be $11.2 billion, plus or minus $300 million, the company said in a statement Tuesday. That compares with an average analyst prediction of $10.5 billion, according to data compiled by Bloomberg. The stock soared in trading on Wednesday. - Uber (UBER) provided a better-than-expected forecast for bookings, signaling that robust demand from US commuters and travelers will offset impact from geopolitical tensions in the Middle East. The ride-hailing service guided total gross bookings to between $56.25 billion and $57.75 billion for the three-month period ending in June, while analysts on average looked for $56.23 billion. Total gross bookings include ride hails, delivery orders and driver and merchant earnings but not tips. Shares of Uber jumped as much as 7.6% to $78.50 in New York after the results were released, the biggest intraday gain since June 24. Rideshare peer Lyft gained as well. - DaVita (DVA) shares jumped to hit a record high after the kidney dialysis services operator reported adjusted earnings per share from continuing operations for the first quarter that surpassed expectations. It also raised its full-year adjusted operating income forecast.

AMD Soars as AI Demand Fuels Rosy Outlook, Uber Climbs, DaVita Rises

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ac61bdde-2222-4e02-ad27-b4420141b0fb/transcript

On this episode of Stock Movers:
- AMD (AMD) shares soared to new heights after a flood of data center spending bolstered its sales forecast. AMD gave robust predictions for its longer-term growth, sending the shares up 20% in New York on Wednesday, their biggest gain since October.
- Corning (GLW) shares rise. Nvidia Corp. has bought $500 million worth of rights for shares in Corning Inc. as part of a partnership to expand artificial intelligence infrastructure. Corning will increase US fiber production capacity by more than 50% to supply optical fiber for AI data centers and will construct three new complexes in North Carolina and Texas.
- Arista Networks (ANET) shares drop. Arista Networks shares are down after the cloud-networking company’s first-quarter results beat expectations but it also gave an outlook that was seen as cautious, especially in the wake of recent strength. Analysts remain positive on the company’s long-term prospects, and many recommended buying on weakness.

On this episode of Stock Movers: - AMD (AMD) shares soared to new heights after a flood of data center spending bolstered its sales forecast. AMD gave robust predictions for its longer-term growth, sending the shares up 20% in New York on Wednesday, their biggest gain since October. - Corning (GLW) shares rise. Nvidia Corp. has bought $500 million worth of rights for shares in Corning Inc. as part of a partnership to expand artificial intelligence infrastructure. Corning will increase US fiber production capacity by more than 50% to supply optical fiber for AI data centers and will construct three new complexes in North Carolina and Texas. - Arista Networks (ANET) shares drop. Arista Networks shares are down after the cloud-networking company&rsquo;s first-quarter results beat expectations but it also gave an outlook that was seen as cautious, especially in the wake of recent strength. Analysts remain positive on the company&rsquo;s long-term prospects, and many recommended buying on weakness.

AMD Gains, Corning Rises, Arista Networks Falls as Results Don’t Live Up to High Hopes

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/78d33f2e-dba7-4362-8a60-b44200fb67c4/transcript

SAP Soars, Reckitt Slumps, Inditex Outperform Rating

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