On this episode of Stock Movers:
- Wells Fargo (WFC) missed analysts’ profit estimates as severance costs drove up expenses and net interest income fell short. The bank spent $612 million on severance as part of a plan designed to cut costs. Expenses climbed to $13.7 billion, compared with the $13.6 billion predicted by analysts in a Bloomberg survey, according to a statement Wednesday.
- Bank of America (BAC) reported net interest income for the fourth quarter that beat the average analyst estimate.
- Netflix (NFLX) is working on revised terms for its Warner Bros. Discovery Inc. acquisition and has discussed making an all-cash offer for the company’s studios and streaming businesses, people familiar with the discussions said.The changes are designed to expedite a sale that will take months to close and has faced opposition both from politicians and rival bidder Paramount Skydance Corp. Institutional investors have been divided in their support.

On this episode of Stock Movers: - Wells Fargo (WFC) missed analysts&rsquo; profit estimates as severance costs drove up expenses and net interest income fell short. The bank spent $612 million on severance as part of a plan designed to cut costs. Expenses climbed to $13.7 billion, compared with the $13.6 billion predicted by analysts in a Bloomberg survey, according to a statement Wednesday. - Bank of America (BAC) reported net interest income for the fourth quarter that beat the average analyst estimate. - Netflix (NFLX) is working on revised terms for its Warner Bros. Discovery Inc. acquisition and has discussed making an all-cash offer for the company&rsquo;s studios and streaming businesses, people familiar with the discussions said.The changes are designed to expedite a sale that will take months to close and has faced opposition both from politicians and rival bidder Paramount Skydance Corp. Institutional investors have been divided in their support.

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

Wells Fargo Profit Misses Estimates; Bank Of America Beats; Netflix Revises Terms for Warner Brothers

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/2c9ed2c8-26c1-4d80-9da6-b3d200c75881/transcript

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

On this episode of Stock Movers: 

- United Airlines (UAL) slashed its full-year profit forecast as higher fuel prices caused by war in the Middle East batter global carriers. The Chicago-based airline now expects full-year adjusted earnings of $7 to $11 a share. It previously expected its full-year earnings per share for 2026 to be in a range of $12 to $14. Shares in United declined 1.8% to $97.13 by the end of regular trading on Tuesday.

- T-Mobile (TMUS) saw its shares slide on news that Deutsche Telekom AG is considering a full combination with it, a move that would create a multinational telecom group and rank as the largest-ever public M&A deal, people with knowledge of the matter said. Deutsche Telekom is already T-Mobile’s biggest shareholder with a roughly 53% stake. The German carrier has been discussing the idea of creating a new holding company that would make a stock bid for shares of both Deutsche Telekom and T-Mobile, the people said, asking not to be identified because the information is private. 

- Capital One (COF) the biggest US credit-card lender, reported a first-quarter profit that missed Wall Street estimates and set aside more cash to cover soured loans. Shares of Capital One fell 3.5% to $195.47 in extended trading at 4:27 p.m. in New York. The stock had tumbled 16% this year through the close of regular trading, the worst performance in the 24-company KBW Bank Index.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:&nbsp;
- United Airlines (UAL) slashed its full-year profit forecast as higher fuel prices caused by war in the Middle East batter global carriers. The Chicago-based airline now expects full-year adjusted earnings of $7 to $11 a share. It previously expected its full-year earnings per share for 2026 to be in a range of $12 to $14. Shares in United declined 1.8% to $97.13 by the end of regular trading on Tuesday.
- T-Mobile (TMUS) saw its shares slide on news that Deutsche Telekom AG is considering a full combination with it, a move that would create a multinational telecom group and rank as the largest-ever public M&amp;A deal, people with knowledge of the matter said. Deutsche Telekom is already T-Mobile&rsquo;s biggest shareholder with a roughly 53% stake. The German carrier has been discussing the idea of creating a new holding company that would make a stock bid for shares of both Deutsche Telekom and T-Mobile, the people said, asking not to be identified because the information is private.&nbsp;
- Capital One (COF) the biggest US credit-card lender, reported a first-quarter profit that missed Wall Street estimates and set aside more cash to cover soured loans. Shares of Capital One fell 3.5% to $195.47 in extended trading at 4:27 p.m. in New York. The stock had tumbled 16% this year through the close of regular trading, the worst performance in the 24-company KBW Bank Index.

United Airlines Falls, T-Mobile Drops, Capital One Down 

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, Katie Greifeld, Carol Massar and Tim Stenovec.

- UnitedHealth (UNH) reported first quarter profit that blew past Wall Street expectations and boosted its outlook for the year, a sign of the health conglomerate’s progress toward rebuilding credibility with investors after a collapse a year ago. Revenue in the quarter topped analysts’ views. The company’s medical-loss ratio, which shows how much premium revenue is paid out for care, was 83.9%, more favorable than Wall Street anticipated. Shares rallied in Tuesday trading.

- Apple (AAPL) shares declined in the first full trading day after it announced that Tim Cook would be stepping down as CEO to become executive chairman. Cook told employees on Tuesday that he is “healthy” and plans to serve as executive chairman for a long time. Cook made the comments in an all-hands meeting with staff, following the announcement that he will pass the reins to hardware chief John Ternus on Sept. 1. The two executives held the meeting in the Steve Jobs Theater at the company’s headquarters in Cupertino, California. 

- GE Aerospace (GE US)’s first-quarter profit beat Wall Street’s expectations as the jet-engine maker works to sidestep disruptions tied to the war in Iran. Adjusted earnings were $1.86 a share, the company said in a statement Tuesday, above the $1.60 expected by analysts in a Bloomberg survey. Strong demand for air travel pushed sales up nearly 30% from a year ago, also exceeding analyst estimates. The stock slipped after the war began in late February and has trailed the broader market this year.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:&nbsp;
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.
- UnitedHealth (UNH) reported first quarter profit that blew past Wall Street expectations and boosted its outlook for the year, a sign of the health conglomerate&rsquo;s progress toward rebuilding credibility with investors after a collapse a year ago. Revenue in the quarter topped analysts&rsquo; views. The company&rsquo;s medical-loss ratio, which shows how much premium revenue is paid out for care, was 83.9%, more favorable than Wall Street anticipated. Shares rallied in Tuesday trading.
- Apple (AAPL) shares declined in the first full trading day after it announced that Tim Cook would be stepping down as CEO to become executive chairman. Cook told employees on Tuesday that he is &ldquo;healthy&rdquo; and plans to serve as executive chairman for a long time. Cook made the comments in an all-hands meeting with staff, following the announcement that he will pass the reins to hardware chief John Ternus on Sept. 1. The two executives held the meeting in the Steve Jobs Theater at the company&rsquo;s headquarters in Cupertino, California.&nbsp;
- GE Aerospace (GE US)&rsquo;s first-quarter profit beat Wall Street&rsquo;s expectations as the jet-engine maker works to sidestep disruptions tied to the war in Iran. Adjusted earnings were $1.86 a share, the company said in a statement Tuesday, above the $1.60 expected by analysts in a Bloomberg survey. Strong demand for air travel pushed sales up nearly 30% from a year ago, also exceeding analyst estimates. The stock slipped after the war began in late February and has trailed the broader market this year.

Closing Bell: UnitedHealth Surges, Apple Falls, GE Aerospace Slips 

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

On this episode of Stock Movers: 

- UnitedHealth (UNH) reported first quarter profit that blew past Wall Street expectations and boosted its outlook for the year, a sign of the health conglomerate’s progress toward rebuilding credibility with investors after a collapse a year ago. Adjusted earnings were $7.23 a share, the company said in a statement Tuesday, above the highest analyst estimate in a Bloomberg survey. A key gauge of medical costs was better than expected, and the company raised its profit view by 50 cents a share. UnitedHealth shares jumped in trading today.

- Hims & Hers (HIMS) shares fell after Amazon launched a GLP-1 management program through Amazon One Medical.

- D.R. Horton (DHR) posted its seventh straight quarter of declining earnings and trimmed its forecast for the number of home closings it expects this year, hurt by economic uncertainty, bad weather, and rising mortgage rates. The company now expects to close between 86,000 and 87,500 homes this year, according to a Tuesday statement — at the top end 500 less than it had initially forecast. Quarterly earnings, less some items, shrunk for the seventh consecutive time since 2024 to $2.24 per share. Shares in the company rose in trading today.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:&nbsp;
- UnitedHealth (UNH) reported first quarter profit that blew past Wall Street expectations and boosted its outlook for the year, a sign of the health conglomerate&rsquo;s progress toward rebuilding credibility with investors after a collapse a year ago. Adjusted earnings were $7.23 a share, the company said in a statement Tuesday, above the highest analyst estimate in a Bloomberg survey. A key gauge of medical costs was better than expected, and the company raised its profit view by 50 cents a share. UnitedHealth shares jumped in trading today.
- Hims &amp; Hers (HIMS) shares fell after Amazon launched a GLP-1 management program through Amazon One Medical.
- D.R. Horton (DHR) posted its seventh straight quarter of declining earnings and trimmed its forecast for the number of home closings it expects this year, hurt by economic uncertainty, bad weather, and rising mortgage rates. The company now expects to close between 86,000 and 87,500 homes this year, according to a Tuesday statement &mdash; at the top end 500 less than it had initially forecast. Quarterly earnings, less some items, shrunk for the seventh consecutive time since 2024 to $2.24 per share. Shares in the company rose in trading today.

Wells Fargo Profit Misses Estimates; Bank Of America Beats; Netflix Revises Terms for Warner Brothers

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