On this episode of Stock Movers:

- Shares in Michael Saylor’s Strategy Inc. climbed as much as 6.1% on Wednesday after MSCI decided for now to keep digital asset treasury companies in its stock market indexes. 

- Shares of Blackstone (BX) and other housing-related companies fell after President Donald Trump said he would move to ban institutional investors from buying single-family homes. Trump said he was "immediately taking steps to ban large institutional investors from buying more single-family homes" in a push toward promoting housing affordability. The S&P 1500 Homebuilding Index slid as much as 2.3%, with 15 of 18 members trading lower, after Trump's announcement.

- Lockheed Martin quickly erases gains and falls as much as 2.3% after President Donald Trump says he will not “permit Dividends or Stock Buybacks for Defense Companies,” until problems are rectified including pay, production of equipment, plants.

On this episode of Stock Movers: - Shares in Michael Saylor&rsquo;s Strategy Inc. climbed as much as 6.1% on Wednesday after MSCI decided for now to keep digital asset treasury companies in its stock market indexes. - Shares of Blackstone (BX) and other housing-related companies fell after President Donald Trump said he would move to ban institutional investors from buying single-family homes. Trump said he was "immediately taking steps to ban large institutional investors from buying more single-family homes" in a push toward promoting housing affordability. The S&amp;P 1500 Homebuilding Index slid as much as 2.3%, with 15 of 18 members trading lower, after Trump's announcement. - Lockheed Martin quickly erases gains and falls as much as 2.3% after President Donald Trump says he will not &ldquo;permit Dividends or Stock Buybacks for Defense Companies,&rdquo; until problems are rectified including pay, production of equipment, plants.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Strategy Climbs, Housing Shares Sink, Lockheed Falls

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7c812786-90ac-449c-8119-b3cb014d13cc/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 Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

- Shares of defense companies like Lockheed Martin (LMT), General Dynamics (GD) and Northrop (NOC) all rose in trading today on news from the White House that President Donald Trump said he wants to increase the country’s military budget by about 50% to $1.5 trillion in 2027. A Goldman Sachs basket of European defense stocks rose as much as 3.8% on Thursday, extending its gain for the week to about 13%. In the US, Northrop Grumman Corp. and Lockheed Martin Corp. surged more than 6% in premarket trading, rebounding from a drop the previous day when Trump called for curbs on executive pay and shareholder returns in the sector. Defense stocks also rose in Asia.

- Alphabet (GOOG) has overtaken Apple to become the second-most valuable company by market capitalization, a reflection of how the Google parent has emerged as one of the most significant winners of artificial intelligence. Shares of Alphabet rose 2.4% on Wednesday, closing with a valuation of $3.89 trillion. That allowed it to surpass Apple, which closed with a market cap of $3.85 trillion on Wednesday, following a six-day slump that erased nearly 5% — and almost $200 billion — off its value. The divergence widened further Thursday, with Apple opening 1.2% lower and Alphabet gaining 1.1%.

- Rio Tinto (RIO) saw its shares fall on word that Glencore said it’s in talks with the firm on a deal that would create the world’s biggest mining company, a little over a year after earlier talks between the two companies collapsed. Glencore said Thursday that it was in preliminary talks with Rio, with options including an all-share transaction that would see Rio buy Glencore. Glencore said there’s no certainty of a deal, adding that a further announcement will be made as appropriate. Rio Tinto declined to comment.

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 Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. - Shares of defense companies like Lockheed Martin (LMT), General Dynamics (GD) and Northrop (NOC) all rose in trading today on news from the White House that President Donald Trump said he wants to increase the country&rsquo;s military budget by about 50% to $1.5 trillion in 2027. A Goldman Sachs basket of European defense stocks rose as much as 3.8% on Thursday, extending its gain for the week to about 13%. In the US, Northrop Grumman Corp. and Lockheed Martin Corp. surged more than 6% in premarket trading, rebounding from a drop the previous day when Trump called for curbs on executive pay and shareholder returns in the sector. Defense stocks also rose in Asia. - Alphabet (GOOG) has overtaken Apple to become the second-most valuable company by market capitalization, a reflection of how the Google parent has emerged as one of the most significant winners of artificial intelligence. Shares of Alphabet rose 2.4% on Wednesday, closing with a valuation of $3.89 trillion. That allowed it to surpass Apple, which closed with a market cap of $3.85 trillion on Wednesday, following a six-day slump that erased nearly 5% &mdash; and almost $200 billion &mdash; off its value. The divergence widened further Thursday, with Apple opening 1.2% lower and Alphabet gaining 1.1%. - Rio Tinto (RIO) saw its shares fall on word that Glencore said it&rsquo;s in talks with the firm on a deal that would create the world&rsquo;s biggest mining company, a little over a year after earlier talks between the two companies collapsed. Glencore said Thursday that it was in preliminary talks with Rio, with options including an all-share transaction that would see Rio buy Glencore. Glencore said there&rsquo;s no certainty of a deal, adding that a further announcement will be made as appropriate. Rio Tinto declined to comment.

Closing Bell: Defense Shares Rally, Alphabet Rises, Rio Tinto Slides 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/10d4b9bf-0d69-4e57-b39c-b3cc015ee1d3/transcript

On this episode of Stock Movers:
Coinbase Global Inc. shares (COIN) rise 0.5% after it was raised to buy from neutral at BofA Global Research on growth from new products and a lower valuation.
Nike shares (NKE) fall 1% ahead of the bell as Needham analyst Tom Nikic downgrades the athletic footwear maker to hold from buy given his view that a turnaround is taking longer than expected.
Soho House (SHCO) declines 9.7% after the members’ club operator said it faces a funding gap tied to the company’s pending sale.

On this episode of Stock Movers:
<ul>
<li>Coinbase Global Inc. shares (COIN) rise 0.5% after it was raised to buy from neutral at BofA Global Research on growth from new products and a lower valuation.</li>
<li>Nike shares (NKE) fall 1% ahead of the bell as Needham analyst Tom Nikic downgrades the athletic footwear maker to hold from buy given his view that a turnaround is taking longer than expected.</li>
<li>Soho House (SHCO) declines 9.7% after the members&rsquo; club operator said it faces a funding gap tied to the company&rsquo;s pending sale.</li>
</ul>

Coinbase Rises, Nike Falls, Soho House Declines

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/cd88b68c-568d-45d1-8d65-b3cc014b6fbf/transcript

On this episode of Stock Movers:
- Coinbase Global Inc. shares (COIN) rise after it was raised to buy from neutral at BofA Global Research on growth from new products and a lower valuation.
- Nike shares (NKE) fall 1% as Needham analyst Tom Nikic downgrades the athletic footwear maker to hold from buy given his view that a turnaround is taking longer than expected.
- Soho House (SHCO) declines after the members’ club operator said it faces a funding gap tied to the company’s pending sale.

On this episode of Stock Movers: - Coinbase Global Inc. shares (COIN) rise after it was raised to buy from neutral at BofA Global Research on growth from new products and a lower valuation. - Nike shares (NKE) fall 1% as Needham analyst Tom Nikic downgrades the athletic footwear maker to hold from buy given his view that a turnaround is taking longer than expected. - Soho House (SHCO) declines after the members&rsquo; club operator said it faces a funding gap tied to the company&rsquo;s pending sale.

Coinbase Rises, Nike Falls, Soho House Declines After ratings Downgrade

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/b2cf5c07-ab80-4d1a-88f2-b3cc010d1b96/transcript

Strategy Climbs, Housing Shares Sink, Lockheed Falls

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