On this episode of Stock Movers:
- Walgreens (WBA) shares rise after the company reported quarterly profit that beat Wall Street’s expectations. It's a hopeful sign as the pharmacy giant prepares to transform into a private company after its market value plummeted due to retail competition.
- McCormick (MKC) shares rise after the company's 2Q EPS topped estimates and management reaffirmed its profit and sales guidance. Barclays says the fact that the company reaffirmed its guidance despite an incremental impact from tariffs eases some recent concerns.
- Nike (NKE) shares are up ahead of earnings. Nike's turnaround is still in sight despite tariff headwinds and inventory challenges. Alternative data suggest improving store traffic, meaning Nike may report better, though still negative, direct-to-consumer sales in its fiscal 4Q results on June 26.

Meta Rises, Nebius Up, Dollar Tree Gains on Sales Projection
03:23

Nebius' Deal With Meta; National Storage Soars; Dollar Tree Sees Growth Slowing
03:52

Dollar Tree Misses Estimates; Meta to Spend on AI Infrastructure; Micron Closes Purchase Tongluo P5 Site
03:35