On this episode of Stock Movers:

-Sweetgreen (SG) shares tumble. Sweetgreen Inc. cut its annual outlook due to reduced consumer demand for fresh prepared foods during the cyclospora outbreak. The company now expects full-year sales at established restaurants to plummet as much as 8% this year, and its shares tumbled as much as 12% in New York trading on Friday. Sweetgreen has been trying to win over diners with cheaper options, including wraps, and has also reduced the number of restaurant openings, but sales at established locations fell 6.2% in the second quarter.

Under Armour (UAA) shares drop. Under Armour Inc. forecast a sharper revenue decline than previously expected as demand softens in several key regions. The athletic retailer now expects sales to fall by a mid-single digit percentage rate for the year. The revised forecast calls for declines in North America, Asia-Pacific, and Europe and the Middle East as the company grapples with a “challenging consumer demand environment,” Chief Executive Officer Kevin Plank said in a statement Friday. 

Maplebear (CART) doing business as Instacart, jumps 10% postmarket after forecasting gross transaction value for the third quarter that beat the average analyst estimate.

On this episode of Stock Movers:
-Sweetgreen (SG) shares tumble. Sweetgreen Inc. cut its annual outlook due to reduced consumer demand for fresh prepared foods during the cyclospora outbreak. The company now expects full-year sales at established restaurants to plummet as much as 8% this year, and its shares tumbled as much as 12% in New York trading on Friday. Sweetgreen has been trying to win over diners with cheaper options, including wraps, and has also reduced the number of restaurant openings, but sales at established locations fell 6.2% in the second quarter.
Under Armour (UAA) shares drop. Under Armour Inc. forecast a sharper revenue decline than previously expected as demand softens in several key regions. The athletic retailer now expects sales to fall by a mid-single digit percentage rate for the year. The revised forecast calls for declines in North America, Asia-Pacific, and Europe and the Middle East as the company grapples with a &ldquo;challenging consumer demand environment,&rdquo; Chief Executive Officer Kevin Plank said in a statement Friday.&nbsp;
Maplebear (CART) doing business as Instacart, jumps 10% postmarket after forecasting gross transaction value for the third quarter that beat the average analyst estimate.

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

Sweetgreen Drops, Under Armour Falls, Maplebear Rises on 3Q Outlook 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ade1668f-1764-4959-94e4-b49f00fb9436/transcript

Today's biggest winners and losers in the stock market, a look at the notable movers: 
On this episode of Stock Movers:

- SpaceX (SPCX) shares jumped for a second straight day, bringing them close to breaking back above the company’s $135 initial public offering price. The lockup expiration more than doubled the total number of shares available to trade to 1.55 billion from the 639 million in circulation when Space Exploration Technologies Corp. went public. Nearly 80% of analysts covering SpaceX have given the stock a buy rating, with an average price target of roughly $221 implying more than 65% upside from where shares closed Friday.

-Palantir Technologies (PLTR) shares surged after the company boosted full-year revenue and income forecasts, describing commercial demand for its data analytics tools as “otherworldly.” Palantir Chief Executive Officer Alex Karp said US commercial sales in the second quarter were “staggering,” rising 149% from a year earlier to $764 million. The stronger outlook worked to assuage investors’ fears that Palantir’s business would suffer from AI developers selling their own software and from governments outside of the US increasingly working with tech firms at home.

- Shares of The Trade Desk (TTD) slumped 24% in after hours trading after the advertising technology company reported second quarter revenue that fell short of expectations. The company reported adjusted earnings of 34 cents a share and revenue of $715 million, up 3% from a year ago. Analysts tracked by FactSet expected adjusted earnings of 18 cents a share and revenue of $752.6 million.

Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers: - SpaceX (SPCX) shares jumped for a second straight day, bringing them close to breaking back above the company&rsquo;s $135 initial public offering price. The lockup expiration more than doubled the total number of shares available to trade to 1.55 billion from the 639 million in circulation when Space Exploration Technologies Corp. went public. Nearly 80% of analysts covering SpaceX have given the stock a buy rating, with an average price target of roughly $221 implying more than 65% upside from where shares closed Friday. -Palantir Technologies (PLTR) shares surged after the company boosted full-year revenue and income forecasts, describing commercial demand for its data analytics tools as &ldquo;otherworldly.&rdquo; Palantir Chief Executive Officer Alex Karp said US commercial sales in the second quarter were &ldquo;staggering,&rdquo; rising 149% from a year earlier to $764 million. The stronger outlook worked to assuage investors&rsquo; fears that Palantir&rsquo;s business would suffer from AI developers selling their own software and from governments outside of the US increasingly working with tech firms at home. - Shares of The Trade Desk (TTD) slumped 24% in after hours trading after the advertising technology company reported second quarter revenue that fell short of expectations. The company reported adjusted earnings of 34 cents a share and revenue of $715 million, up 3% from a year ago. Analysts tracked by FactSet expected adjusted earnings of 18 cents a share and revenue of $752.6 million.

 Weekly Roundup: SpaceX's Big Week, Palantir Soars, The Trade Desk Drops

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8731ec48-49fc-42f8-89a1-b49f015cd9b5/transcript

Today's biggest winners and losers in the stock market.
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, Carol Massar and Tim Stenovec
- Airbnb (ABNB) shares jumped after the company boosted its annual revenue forecast, citing robust demand in the US and Europe. The company now sees annual revenue growth improving by a percentage of “at least mid teens” and boosted its full-year margin forecast for adjusted earnings. Airbnb’s optimistic outlook suggests that travel demand remains healthy, with overall nights and seats booked jumping 10% to 148.3 million in the second quarter.

- SpaceX (SPCX) shares jumped roughly 13% after Argus Research turned bullish on the economics of the company’s massive artificial intelligence buildout. The company’s CFO Bret Johnsen said on Tuesday’s earnings call the company is “getting less than a one-year payback” on AI compute spending.

- Under Armour (UAA) forecast a sharper revenue decline than previously expected as demand softens in several key regions. The athletic retailer now expects sales to fall by a mid-single digit percentage rate for the year. The revised forecast calls for declines in North America, Asia-Pacific, and Europe and the Middle East as the company grapples with a “challenging consumer demand environment,” Chief Executive Officer Kevin Plank said in a statement Friday. The shares briefly fell as much as 9.4% in early New York trading before paring their decline. The stock had gained 29% this year through Thursday’s close.

Today's biggest winners and losers in the stock market. 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, Carol Massar and Tim Stenovec - Airbnb (ABNB) shares jumped after the company boosted its annual revenue forecast, citing robust demand in the US and Europe. The company now sees annual revenue growth improving by a percentage of &ldquo;at least mid teens&rdquo; and boosted its full-year margin forecast for adjusted earnings. Airbnb&rsquo;s optimistic outlook suggests that travel demand remains healthy, with overall nights and seats booked jumping 10% to 148.3 million in the second quarter. - SpaceX (SPCX) shares jumped roughly 13% after Argus Research turned bullish on the economics of the company&rsquo;s massive artificial intelligence buildout. The company&rsquo;s CFO Bret Johnsen said on Tuesday&rsquo;s earnings call the company is &ldquo;getting less than a one-year payback&rdquo; on AI compute spending. - Under Armour (UAA) forecast a sharper revenue decline than previously expected as demand softens in several key regions. The athletic retailer now expects sales to fall by a mid-single digit percentage rate for the year. The revised forecast calls for declines in North America, Asia-Pacific, and Europe and the Middle East as the company grapples with a &ldquo;challenging consumer demand environment,&rdquo; Chief Executive Officer Kevin Plank said in a statement Friday. The shares briefly fell as much as 9.4% in early New York trading before paring their decline. The stock had gained 29% this year through Thursday&rsquo;s close.

Closing Bell: Airbnb Gains, SpaceX Jumps, Under Armour Declines

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/4a13610e-de60-4772-a8fa-b49f014c9191/transcript

Today's biggest winners and losers in the stock market, a look at the notable movers: 
On this episode of Stock Movers:

- Atlassian (TEAM) shares surged in trading after quarterly revenue climbed, easing concerns that the software services company would be overtaken by artificial intelligence applications.Fourth-quarter revenue rose 28% from a year earlier to $1.77 billion in the three months ended June 30, Atlassian said in a statement Thursday. First-quarter revenue is projected to be $1.71 billion to $1.72 billion, above the $1.67 billion average analyst estimate.

- Airbnb (ABNB) shares jumped after the company boosted its annual revenue forecast, citing robust demand in the US and Europe. The company now sees annual revenue growth improving by a percentage of “at least mid teens” and boosted its full-year margin forecast for adjusted earnings. Airbnb’s optimistic outlook suggests that travel demand remains healthy, with overall nights and seats booked jumping 10% to 148.3 million in the second quarter.

- Sweetgreen (SG) cut its annual outlook due to reduced consumer demand for fresh prepared foods during the cyclospora outbreak. The company now expects full-year sales at established restaurants to plummet as much as 8% this year, and its shares tumbled as much as 12% in New York trading on Friday. Sweetgreen has been trying to win over diners with cheaper options, including wraps, and has also reduced the number of restaurant openings, but sales at established locations fell 6.2% in the second quarter.

Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers: - Atlassian (TEAM) shares surged in trading after quarterly revenue climbed, easing concerns that the software services company would be overtaken by artificial intelligence applications.Fourth-quarter revenue rose 28% from a year earlier to $1.77 billion in the three months ended June 30, Atlassian said in a statement Thursday. First-quarter revenue is projected to be $1.71 billion to $1.72 billion, above the $1.67 billion average analyst estimate. - Airbnb (ABNB) shares jumped after the company boosted its annual revenue forecast, citing robust demand in the US and Europe. The company now sees annual revenue growth improving by a percentage of &ldquo;at least mid teens&rdquo; and boosted its full-year margin forecast for adjusted earnings. Airbnb&rsquo;s optimistic outlook suggests that travel demand remains healthy, with overall nights and seats booked jumping 10% to 148.3 million in the second quarter. - Sweetgreen (SG) cut its annual outlook due to reduced consumer demand for fresh prepared foods during the cyclospora outbreak. The company now expects full-year sales at established restaurants to plummet as much as 8% this year, and its shares tumbled as much as 12% in New York trading on Friday. Sweetgreen has been trying to win over diners with cheaper options, including wraps, and has also reduced the number of restaurant openings, but sales at established locations fell 6.2% in the second quarter.

Atlassian Surges, Airbnb Jumps, Sweetgreen Tumbles

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c892a680-ecb0-4cb9-a8c5-b49f013a48bb/transcript

Sweetgreen Drops, Under Armour Falls, Maplebear Rises on 3Q Outlook

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