On this episode of Stock Movers:

- UnitedHealth (UNH) shares are down. The company unexpectedly replaced its chief executive and suspended earnings guidance, raising increasing questions over how the company once regarded as a safe bet by investors has got its cost predictions so wrong. UnitedHealth brought back Chairman and former CEO Stephen Hemsley for the top role, saying Andrew Witty has resigned “for personal reasons.” The health insurer, whose top insurance executive was murdered in New York last December, also ripped up its 2025 outlook.

- First Solar (FSLR) shares soared after JPMorgan analyst Mark Strouse said the US budget reconciliation bill is better than “the more bullish end of investor expectations” for solar, wind and geothermal firms. Strouse said First Solar is the “best positioned” name to benefit from the bill, which updates provisions of the Inflation Reduction Act.

- Simon Property Group (SPG) shares declined as much as 5.7% after the retail REIT reported first-quarter results. While the company maintained annual real estate funds from operation guidance, it expects results to “trend towards the middle of the range” due to current macro and tariff uncertainty. Citi said this could be below expectations given the strong first-quarter results.

On this episode of Stock Movers: - UnitedHealth (UNH) shares are down. The company unexpectedly replaced its chief executive and suspended earnings guidance, raising increasing questions over how the company once regarded as a safe bet by investors has got its cost predictions so wrong. UnitedHealth brought back Chairman and former CEO Stephen Hemsley for the top role, saying Andrew Witty has resigned &ldquo;for personal reasons.&rdquo; The health insurer, whose top insurance executive was murdered in New York last December, also ripped up its 2025 outlook. - First Solar (FSLR) shares soared after JPMorgan analyst Mark Strouse said the US budget reconciliation bill is better than &ldquo;the more bullish end of investor expectations&rdquo; for solar, wind and geothermal firms. Strouse said First Solar is the &ldquo;best positioned&rdquo; name to benefit from the bill, which updates provisions of the Inflation Reduction Act. - Simon Property Group (SPG) shares declined as much as 5.7% after the retail REIT reported first-quarter results. While the company maintained annual real estate funds from operation guidance, it expects results to &ldquo;trend towards the middle of the range&rdquo; due to current macro and tariff uncertainty. Citi said this could be below expectations given the strong first-quarter results.

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

UnitedHealth Replaces CEO, First Solar Jumps, Simon Property Group Declines

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/f914f6e6-8f8c-4c73-af9e-b2dc013a7b23/transcript

On this episode of Stock Movers:

- Adient (ADNT) shares jump the most intraday since July — after UBS analyst Joseph Spak raised his recommendation on the auto supplier to buy from neutral.

- Royal Caribbean (RCL) shares slide after Citi analyst James Hardiman issued a downside 30-day short-term view on the cruise operator ahead of its quarterly report expected towards the end of the month.

- Wells Fargo (WFC) shares slump after the firm missed analysts’ profit estimates as severance costs drove up expenses, with the bank spending $612 million on severance.

On this episode of Stock Movers: - Adient (ADNT) shares jump the most intraday since July &mdash; after UBS analyst Joseph Spak raised his recommendation on the auto supplier to buy from neutral. - Royal Caribbean (RCL) shares slide after Citi analyst James Hardiman issued a downside 30-day short-term view on the cruise operator ahead of its quarterly report expected towards the end of the month. - Wells Fargo (WFC) shares slump after the firm missed analysts&rsquo; profit estimates as severance costs drove up expenses, with the bank spending $612 million on severance.

Adient Jumps, Royal Caribbean Slides, Wells Fargo Slumps on Profit Miss

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/bd7256de-2419-481b-868f-b3d2010a61e9/transcript

On this episode of Stock Movers:

- Wells Fargo (WFC) shares slump after the firm missed analysts’ profit estimates as severance costs drove up expenses, with the bank spending $612 million on severance.

- Coinbase (COIN) shares rise after news a new proposal tied to crypto market structure legislation would allow digital-asset companies to offer rewards to customers who hold stablecoins, with some exemptions.

- Palo Alto (PANW) shares fall after Reuters reported that China has told domestic companies to stop using cybersecurity software made by about a dozen US and Israeli firms due to national security concerns, citing people familiar with the matter.

On this episode of Stock Movers: - Wells Fargo (WFC) shares slump after the firm missed analysts&rsquo; profit estimates as severance costs drove up expenses, with the bank spending $612 million on severance. - Coinbase (COIN) shares rise after news a new proposal tied to crypto market structure legislation would allow digital-asset companies to offer rewards to customers who hold stablecoins, with some exemptions. - Palo Alto (PANW) shares fall after Reuters reported that China has told domestic companies to stop using cybersecurity software made by about a dozen US and Israeli firms due to national security concerns, citing people familiar with the matter.

Wells Fargo Drops, Coinbase Rises, Palo Alto Falls on News of China Cybersecurity Ban

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/26e875db-8ff7-4325-89c3-b3d200fe9813/transcript

On this episode of Stock Movers:
- Wells Fargo & Co. (WFC) missed analysts’ profit estimates as severance costs drove up expenses.The bank spent $612 million on severance as part of a plan designed to cut costs. Expenses were $13.7 billion, compared with the $13.6 billion predicted by analysts in a Bloomberg survey, according to a statement Wednesday.
- Bank of America's (BAC) equity traders posted their best fourth quarter ever as the company reaped the benefits of volatile markets and net interest income topped analysts’ estimates. Revenue from equity trading rose 23% to $2.02 billion in the final three months of the year, according to a statement Wednesday. Analysts had been expecting equity-markets revenue of close to $1.9 billion. That helped give Bank of America earnings of 98 cents a share, topping analysts’ estimates.
- After years of lagging behind peers on Wall Street, Citigroup’s (C) dealmakers are narrowing the gap.Chief Executive Officer Jane Fraser’s bank posted an 84% surge in financial advisory fees in the fourth quarter, capping a year in which the firm’s revenue from handling mergers rose by more than half to an all-time record. The haul, announced in an earnings report Wednesday, defied larger rival JPMorgan Chase & Co.’s relatively sluggish growth in that business — up just 6% in 2025.

On this episode of Stock Movers: - Wells Fargo &amp; Co. (WFC) missed analysts&rsquo; profit estimates as severance costs drove up expenses.The bank spent $612 million on severance as part of a plan designed to cut costs. Expenses were $13.7 billion, compared with the $13.6 billion predicted by analysts in a Bloomberg survey, according to a statement Wednesday. - Bank of America's (BAC) equity traders posted their best fourth quarter ever as the company reaped the benefits of volatile markets and net interest income topped analysts&rsquo; estimates. Revenue from equity trading rose 23% to $2.02 billion in the final three months of the year, according to a statement Wednesday. Analysts had been expecting equity-markets revenue of close to $1.9 billion. That helped give Bank of America earnings of 98 cents a share, topping analysts&rsquo; estimates. - After years of lagging behind peers on Wall Street, Citigroup&rsquo;s (C) dealmakers are narrowing the gap.Chief Executive Officer Jane Fraser&rsquo;s bank posted an 84% surge in financial advisory fees in the fourth quarter, capping a year in which the firm&rsquo;s revenue from handling mergers rose by more than half to an all-time record. The haul, announced in an earnings report Wednesday, defied larger rival JPMorgan Chase &amp; Co.&rsquo;s relatively sluggish growth in that business &mdash; up just 6% in 2025.

Wells Fargo's 4Q Misses; BofA Tops Estimates; Citigroup M&A Fees Surge

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/1c7f5789-e857-49b8-bc81-b3d200e8815b/transcript

UnitedHealth Replaces CEO, First Solar Jumps, Simon Property Group Declines

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