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All About Change


1 Gene Baur: Confronting the Morality of Factory Farming 28:16
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Gene Baur is the founder of Farm Sanctuary, a place of rescue, refuge, and adoption for hundreds of farm animals each year. Farm Sanctuary shelters enable visitors to connect with farm animals as emotional, intelligent individuals. Gene has also led campaigns to change laws about animal treatment and taken undercover photographs of farms, stockyards, and slaughterhouses, documenting deplorable conditions. His pictures and videos exposing factory farming cruelties have aired nationally and internationally, educating millions about the plight of modern farm animals, and his rescue work inspired an international farm sanctuary movement. Once called “the conscience of the food movement” by Time magazine, Gene walks the walk and talks the talk when it comes to food and animal rights. Jay and Gene discuss the political and cultural steps that will bring about the end of factory farming and a healthier approach to animals and food. Today's episode was produced by Tani Levitt and Mijon Zulu. To check out more episodes or to learn more about the show, you can visit our website Allaboutchangepodcast.com. If you like our show, spread the word, tell a friend or family member, or leave us a review on your favorite podcasting app. We really appreciate it. All About Change is produced by the Ruderman Family Foundation. Episode Chapters 0:00 Intro 1:05 The state of veganism 6:18 Cultural shifts around factory farming and veganism 14:58 Gene’s three paths of activism 17:44 Gene’s legislative successes 22:25 Accepting people where they are in their journeys 25:36 Thank you and goodbye For video episodes, watch on www.youtube.com/@therudermanfamilyfoundation Stay in touch: X: @JayRuderman | @RudermanFdn LinkedIn: Jay Ruderman | Ruderman Family Foundation Instagram: All About Change Podcast | Ruderman Family Foundation To learn more about the podcast, visit https://allaboutchangepodcast.com/ Looking for more insights into the world of activism? Be sure to check out Jay’s brand new book, Find Your Fight , in which Jay teaches the next generation of activists and advocates how to step up and bring about lasting change. You can find Find Your Fight wherever you buy your books, and you can learn more about it at www.jayruderman.com .…
Stock Movers
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Contenu fourni par iHeartPodcasts. Tout le contenu du podcast, y compris les épisodes, les graphiques et les descriptions de podcast, est téléchargé et fourni directement par iHeartPodcasts ou son partenaire de plateforme de podcast. Si vous pensez que quelqu'un utilise votre œuvre protégée sans votre autorisation, vous pouvez suivre le processus décrit ici https://fr.player.fm/legal.
Stock Movers features five-minute conversations on today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
766 episodes
Tout marquer comme (non) lu
Manage series 3654950
Contenu fourni par iHeartPodcasts. Tout le contenu du podcast, y compris les épisodes, les graphiques et les descriptions de podcast, est téléchargé et fourni directement par iHeartPodcasts ou son partenaire de plateforme de podcast. Si vous pensez que quelqu'un utilise votre œuvre protégée sans votre autorisation, vous pouvez suivre le processus décrit ici https://fr.player.fm/legal.
Stock Movers features five-minute conversations on today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
766 episodes
Semua episod
×On this episode of Stock Movers: - Nvidia (NVDA) shares are after The Information reported, citing unidentified sources, that the company has instructed component suppliers to stop production related to the H20 AI chip. The production suspension comes after Beijing urged local companies to avoid using the H20, a chip designed specifically for the Chinese market. CEO Jensen Huang said he was surprised by Beijing's concerns and reiterated that the H20 houses no security backdoors, according to Huang. - BJ's Wholesale (BJ) fell after it reported fiscal second-quarter sales that came up short of expectations. The profit outlook for the wholesale retailer did improve. It boosted its adjusted earnings per share forecast for the full year. - Ross Stores (ROST) jumped after projecting inflation will push more consumers to seek its off-price wares and deliver sales growth above expectations. CEO Jim Conroy said, “We anticipate pricing across retail will move higher as we progress through the year, which will lead consumers to seek more value this fall season.” - Workday (WDAY) shares are lower after investors were left disappointed that the human-resources software company left its subscription revenue guidance unchanged, apart from a small boost from the Paradox acquisition. Analysts also flagged concerns around AI displacement continue to linger. See omnystudio.com/listener for privacy information.…
On this episode of Stock Movers: - Shares in Renk are up by as much as 1.9% after being upgraded to neutral from sell at Citi, with the broker expecting the company to benefit from Germany’s increased defence spending. - Shares in PKO fell by as much as 7.1%. Polish banks are among the worst performers in Europe after the country’s Finance Ministry announced plans to raise corporate taxes on lenders to help ease pressure on a strained budget. - Akzo Nobel rose by as much as 4.9% after Cevian Capital acquired a 3.02% stake in the Dutch paintmaker, according to a filing with the Dutch financial markets authority AFM. See omnystudio.com/listener for privacy information.…
On this edition of Stock Movers: - Walmart (WMT) shares fell after profit missed expectations for the first time in three years, overshadowing higher sales. Adjusted earnings per share came in at 68 cents for the second quarter, six cents lower than what Wall Street expected. The world’s largest retailer cited a rise in insurance claims, legal charges and restructuring costs as factors weighing down its profit. Walmart shares dropped as much as 4.4% in New York trading at 9:31 a.m., their biggest decline since May 15. Through Wednesday’s close, the stock had gained nearly 14% this year, outpacing the 8.7% advance of the S&P 500 Index. - Dayforce (DAY) shares are up after Thoma Bravo agreed to buy the human resources software provider in what is set to become one of the investment firm’s largest-ever deals. The private equity giant will pay $70 a share in cash for Minneapolis-based Dayforce, according to a statement Thursday. The price represents a roughly 32% premium to Dayforce’s stock price on Aug. 15, the last trading session before Bloomberg News reported that a deal was in the works. The deal values Dayforce at $12.3 billion including debt and includes a significant minority investment from a wholly-owned subsidiary of the Abu Dhabi Investment Authority. Dayforce shares rose as much as 3.9% in premarket trading in New York on Thursday to hit the offer price, before giving up some of the gains. The stock closed the previous session roughly 3% higher at $67.40, giving the company a market value of about $10.8 billion. - The slide in Cracker Barrel Old Country Store Inc.'s (CBRL) shares deepened today as a conservative backlash to the restaurant chain’s logo change intensified across social media. Shares of the Southern-inspired casual dining operator, known for its homestyle cooking, fell as much as 15% as negative posts, including one from Donald Trump Jr. after the market close the prior session, flooded X. The notable drop follows Cracker Barrel’s announcement Tuesday that it would be removing the image of an old man leaning against a barrel from its logo, leaving just the words Cracker Barrel. The stock pared losses to end the session down 7.2% — the fifth consecutive day of declines. See omnystudio.com/listener for privacy information.…
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, Scarlet Fu, Tim Stenovec and Norah Mulinda. - Paramount Skydance (PSKY) shares rallied 14% rally for newly-merged media company Paramount Skydance topped the S&P 500 leaderboard on Thursday. Shares have been volatile since trading launched, surging some 36% in just a few weeks. - Zoom (ZM) gave a stronger-than-expected annual outlook for sales growth, and raised its fiscal-year forecast, suggesting customers are buying more of the company’s expanded line of software products. Revenue will be about $4.83 billion in the fiscal year ending in January, Zoom said Thursday in a statement. Profit, excluding some items, will be $5.81 a share to $5.84 a share. Analysts, on average, projected sales of $4.81 billion and earnings of $5.60 a share. - Walmart (WMT) hares fell after profit missed expectations for the first time in three years, overshadowing higher sales. Adjusted earnings per share came in at 68 cents for the second quarter, six cents lower than what Wall Street expected. The world’s largest retailer cited a rise in insurance claims, legal charges and restructuring costs as factors weighing down its profit. Through Wednesday’s close, the stock had gained nearly 14% this year, outpacing the 8.7% advance of the S&P 500 Index. See omnystudio.com/listener for privacy information.…
On this episode of Stock Movers: - Walmart (WMT) shares fell after profit missed expectations for the first time in three years, overshadowing higher sales. Adjusted earnings per share came in at 68 cents for the second quarter, six cents lower than what Wall Street expected. The world’s largest retailer cited a rise in insurance claims, legal charges and restructuring costs as factors weighing down its profit. Claims, which include general liability and workers’ compensation expenses, particularly dragged down earnings as the costs of settling or going to court have risen. The number of incidents has declined, and these charges are expected to moderate as the year progresses. - Coty (COTY) slumped after forecasting steep sales declines will continue as retailers clear out existing inventory and consumer demand remains tepid in the face of an uncertain economic outlook. Shares sank the most since 2020, wiping off as much as $968 million in market value. The struggles come at the end of a five-year turnaround initiative aimed at reinvigorating growth and amid reports that the company is contemplating selling off its high-end brands to peer Interparfums Inc. The lower-end brands, which include Covergirl and Rimmel cosmetics alongside fragrances for Adidas and Nautica, could also be sold in a separate transaction, Women’s Wear Daily said in June. - A slide in shares of Cracker Barrel (CBRL) deepened on Thursday as a conservative backlash to the restaurant chain’s logo change intensified across social media. Shares of the Southern-inspired casual dining operator, known for its homestyle cooking, fell as as much as 15% as negative posts, including one from Donald Trump Jr. after the market close the prior session, flooded X. The notable drop follows Cracker Barrel’s announcement Tuesday that it would be removing the image of an old man leaning against a barrel from its logo, leaving just the words Cracker Barrel. See omnystudio.com/listener for privacy information.…
On this episode of Stock Movers: - Walmart (WMT) shares fell after its' profit missed expectations for the first time in three years, due to a rise in insurance claims, legal charges and restructuring costs. Walmart raised its full-year sales guidance, with Chief Financial Officer John David Rainey saying "the consumer is resilient" and that the company continues to gain market share across all income levels. - Coty (COTY) shares tumble in biggest intraday drop since March 2020, after the personal care products company forecast steep sales declines and reported a wider-than-expected loss for the fourth quarter. - CoreWeave (CRWV) shares rise after the company was raised to buy from neutral at Arete Research and HC Wainwright & Co. as they see the cloud-software company’s recent selling pressure decreasing and see opportunities for growth. See omnystudio.com/listener for privacy information.…
On this episode of Stock Movers: - Walmart (WMT) shares fell after it's profit missed expectations for the first time in three years, due to a rise in insurance claims, legal charges and restructuring costs. Walmart raised its full-year sales guidance, with Chief Financial Officer John David Rainey saying "the consumer is resilient" and that the company continues to gain market share across all income levels. - Boeing (BA) shares jump as the company is heading closer toward finalizing a deal with China to sell as many as 500 aircraft, according to people familiar with the matter. It's a transaction that would end a sales drought that stretches back to US President Donald Trump’s last visit in 2017. - Palantir (PLTR) shares are down. Palntir's six-session stock-market losing streak has wiped out $73 billion in market value. The drop has given short sellers more than $1.6 billion in profits, according to data from S3 Partners LLC. See omnystudio.com/listener for privacy information.…
On this episode of Stock Movers: - Walmart (WMT) is lower this morning as profit missed expectations due to a rise in insurance claims, legal charges, and restructuring costs. The company raised its full-year sales guidance, expecting net sales to rise 3.75% to 4.75% this year, and lifted its adjusted earnings guidance for the year. CFO John David Rainey said "the consumer is resilient" and that Walmart continues to gain market share across all income levels, especially wealthier shoppers. - Palantir (PLTR) shares are rebounding after reading a tech decline this week following a run of selling in big tech as traders remain guarded ahead of the Federal Reserve’s gathering at Jackson Hole. The shares are down approximately 14% in the past five days and rose 4.4% in the past 30 days. Its six-session losing streak has wiped out $73 billion in market value. - Coty Inc (COTY) is lower as the compnay forecasts steep sales declines will continue as retailers clear out existing inventory and consumer demand remains tepid. The company expects like-for-like sales to fall between 6% and 8% in the current quarter, and further declines of as much as 5% in the second fiscal quarter. Coty sees "gradual improvements" in sales trends for both high- and low-end divisions beginning in the January-to-June period, driven by "major" product launches and geographic expansion. - Boeing (BA) is spiking on news it is heading closer to finalizing a deal with China to sell as many as 500 aircraft, according to people familiar with the matter. The mega sale to China is contingent on the two nations diffusing the trade hostilities that hark back to US President Donald Trump’s first term in office — and could still fall apart, they said. See omnystudio.com/listener for privacy information.…
On this episode of Stock Movers: - Palantir (PLTR) shares are rebounding after reading a tech decline this week following a run of selling in big tech as traders remain guarded ahead of the Federal Reserve’s gathering at Jackson Hole. The shares are down approximately 14% in the past five days and rose 4.4% in the past 30 days. Its six-session losing streak has wiped out $73 billion in market value. - Coty Inc (COTY) is lower as the compnay forecasts steep sales declines will continue as retailers clear out existing inventory and consumer demand remains tepid. The company expects like-for-like sales to fall between 6% and 8% in the current quarter, and further declines of as much as 5% in the second fiscal quarter. Coty sees "gradual improvements" in sales trends for both high- and low-end divisions beginning in the January-to-June period, driven by "major" product launches and geographic expansion. - Hewlett Packard Enterprise Co (HPE) is higher after it was raised to overweight from equal-weight at Morgan Stanley as analysts note that recently-closed Juniper deal will be an earnings upside. Analyst Erik Woodring says looking forward HPE’s Analyst Day is the most important upcoming catalyst “given we are likely to get longer-term forecasts that could help the market more clearly appreciate HPE’s future earnings/cash flow power.” - Boeing (BA) is spiking on news it is heading closer to finalizing a deal with China to sell as many as 500 aircraft, according to people familiar with the matter. The mega sale to China is contingent on the two nations diffusing the trade hostilities that hark back to US President Donald Trump’s first term in office — and could still fall apart, they said. See omnystudio.com/listener for privacy information.…
On this episode of Stock Movers: - Aegon shares rose by as much as 4.8% after it reported operating profit for the first half year that beat average analyst estimates. - WH Smith fell by as much as 28% after it lowered its profit outlook for North America this fiscal year after the company identified an accounting error. - Enzyme maker Novonesis fell by as much as 7.2% after it narrowed its organic revenue forecast for the full year. See omnystudio.com/listener for privacy information.…
On this edition of Stock Movers: - Target (TGT) shares ended the day on the downside. This comes after the company named Michael Fiddelke as its next chief executive officer, betting that the insider will revive the storied retailer struggling with weak sales. The company said Wednesday the board unanimously elected Fiddelke, who currently serves as chief operating officer, to be CEO starting in February. He will also join Target’s board, while current CEO Brian Cornell, who has led the big-box retailer since 2014, will transition to focus on his role as executive chair. - TJX (TJX) shares rose to a record high today after the off price retailer raised its full-year earnings per share outlook after better-than-expected results, a sign that shoppers wary of economic uncertainty are turning to discounters. The TJ Maxx and Marshalls parent now expects full-year earnings per share of $4.52 to $4.57, up from $4.34 to $4.43. The company said it assumed it will be able to offset the significant pressure it expects from tariffs throughout next year. Revenue of $14.4 billion in the three months ending Aug. 2 beat analysts’ expectations. Chief Executive Officer Ernie Herrman said in the statement that the current quarter is “off to a strong start.” - Coty (COTY) shares fell after forecasting steep sales declines will continue as retailers clear out existing inventory and consumer demand remains tepid in the face of an uncertain economic outlook. Shares sank 12% in post-market trading. Coty dropped 30% this year through Wednesday’s close, compared with an 8.7% rise for the S&P 500 Index over that time. In the current quarter, like-for-like sales, which measures revenue from existing business units, will fall between 6% and 8%, the perfume and cosmetic seller said in a statement, more than consensus expectations for a 2.6% drop. The struggles come at the end of a five-year turnaround initiative aimed at reinvigorating growth and amid reports that the company is contemplating selling off its high-end brands to peer Interparfums Inc. The lower-end brands, which include Covergirl and Rimmel cosmetics alongside fragrances for Adidas and Nautica, could also be sold in a separate transaction, Women’s Wear Daily said in June. See omnystudio.com/listener for privacy information.…
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, Scarlet Fu, Tim Stenovec and Emily Graffeo. - Hertz (HTZ) shares climbed today after reports that the car-rental company will start selling pre-owned cars on Amazon Autos. - Guess (GES) is going private in a $1.4 billion deal with Authentic Brands Group LLC in partnership with co-founders Maurice and Paul Marciano and Chief Executive Officer Carlos Alberini. Shareholders will get $16.75 a share in cash, a 26% premium to the stock’s closing price on Tuesday. The deal’s valuation includes debt, the company said in a statement. Guess management will continue to run the business and own the operating company, the company said, while Authentic Brands will acquire a majority stake in Guess’s intellectual property. Shares of Guess rallied on the news. - Target (TGT) shares fell after incoming CEO Michael Fiddelke said the big-box retailer is facing adversity and called on employees to go the extra mile to end a lengthy sales slump. “There are no shortage of critics out there today,” Fiddelke said in an internal meeting on Wednesday shortly after he was announced as the company’s next leader. “The way to prove those critics wrong is with action that leads to results.” The retailer has faced calls for deeper changes amid persistently weak results and a loss of market share since the end of the Covid-19 pandemic. Recent challenges have included an unpopular pullback from diversity initiatives, out-of-stocks on store shelves and inventory missteps. See omnystudio.com/listener for privacy information.…
On this edition of Stock Movers: - TJX (TJX) shares are up after the off-price retailer raised its full-year earnings per share outlook after better-than-expected results, a sign that shoppers wary of economic uncertainty are turning to discounters. The TJ Maxx and Marshalls parent now expects full-year earnings per share of $4.52 to $4.57, up from $4.34 to $4.43. The company said it assumed it will be able to offset the significant pressure it expects from tariffs throughout next year. Revenue of $14.4 billion in the three months ending Aug. 2 beat analysts’ expectations. Chief Executive Officer Ernie Herrman said in the statement that the current quarter is “off to a strong start.” - Target (TGT) shares fell as the retailer’s pick for an internal CEO appointment offset better-than-expected 2Q results and its maintained guidance. Target named veteran Michael Fiddelke as its next chief executive officer, betting that the insider will revive the storied retailer struggling with weak sales. The company said Wednesday the board unanimously elected Fiddelke, who currently serves as chief operating officer, to be CEO starting in February. He will also join Target’s board, while current CEO Brian Cornell, who has led the big-box retailer since 2014, will transition to focus on his role as executive chair. - Estée Lauder Cos. (EL) shares fell today. The company said it has hired external advisers to conduct a review of the brands it owns in a bid to accelerate a turnaround after years of sales declines. Chief Executive Officer Stéphane de La Faverie said the company is rethinking its portfolio in order to “focus on our highest return opportunities over the medium to long term,” he told analysts on an earnings call. “We will share updates in due course,” he added. The company has a variety of brands that focus on selling skin care, cosmetics, haircare and fragrances. In the most recent fiscal year, sales in the company’s skin care division fell 12% because of declines in the Estée Lauder and La Mer brands. Earlier Wednesday, Estée Lauder issued a weak profit outlook for its fiscal year that was dragged down in part by tariff costs. See omnystudio.com/listener for privacy information.…
On this episode of Stock Movers: - La-Z-Boy (LZB) shares tumble after the home furniture retailer posted weaker-than-expected first-quarter adjusted earnings per share. KeyBanc notes that the recliner company fell short of its tepid pre-announcement as well. - Target (TGT) shares slump after the company named veteran Michael Fiddelke as its next chief executive officer, betting that the insider will revive the storied retailer struggling with weak sales. - TJ Maxx (TJX) rises after the company raised its full-year earnings per share outlook after better-than-expected results, a sign that shoppers wary of economic uncertainty are turning to discounters. See omnystudio.com/listener for privacy information.…
On this episode of Stock Movers: - Target (TGT) shares slump after the company named veteran Michael Fiddelke as its next chief executive officer, betting that the insider will revive the storied retailer struggling with weak sales. - Lowe's (LOW) shares jump after the company agreed to buy Foundation Building Materials for about $8.8 billion in cash to serve more professional customers. Foundation Building has a network of over 370 locations in the US and Canada and had about $6.5 billion in sales last year. - Popmart (POPMF) shares rise after news that the Chinese toymaker known for Labubu dolls is planning to launch a new mini Labubu. The craze has fueled a 204% increase in year-on-year revenue in the first half of 2025. See omnystudio.com/listener for privacy information.…
On this episode of Stock Movers: - Target (TGT) shares fell 6.7% in premarket trading after it reaffirmed its sales forecast for the full year, saying it still sees a sales decline of low-single digit percentage compared to the average analyst estimate of 1.71% decline. The big box retailer also named current Chief Operating Officer Michael Fiddelke to succeed Brian Cornell as the company’s next CEO. - Hertz (HTZ) shares climb as much as 18% in premarket trading after CNBC reported that the car-rental company will start selling pre-owned cars on Amazon Autos. - La-Z-Boy (LZB) shares tumble 24% in premarket trading after the home furniture retailer posted weaker-than-expected first-quarter adjusted earnings per share. KeyBanc notes that the recliner company fell short of its tepid pre-announcement as well. See omnystudio.com/listener for privacy information.…
On this episode of Stock Movers: - Target (TGT) shares fell 6.7% in premarket trading after it reaffirmed its sales forecast for the full year, saying it still sees a sales decline of low-single digit percentage compared to the average analyst estimate of 1.71% decline. The big box retailer also named current Chief Operating Officer Michael Fiddelke to succeed Brian Cornell as the company’s next CEO. - Lowe’s (LOW) entered into a definitive agreement to acquire Foundation Building Materials, a North American distributor of interior building products, serving large residential and commercial professionals in both new construction and repair and remodel applications, for approximately $8.8 billion in cash. - Estee Lauder (EL) shares fall 7.6% after issuing an annual adjusted EPS forecast that trails expectations. In addition, its organic sales decline for 4Q was slightly worse than expected driven by Skin Care and Makeup segments. See omnystudio.com/listener for privacy information.…
On this episode of Stock Movers: - K+S fell as much as 3.3% as Berenberg double-downgraded to sell, with a previous buy thesis no longer standing up due to expectations of “broadly lower” prices for agricultural commodities from 2026. - Alcon dropped as much as 11% in Zurich, the most since March 2020, after delivering sales growth below expectations in the second quarter and announcing downward revisions to its full-year net sales guidance. The eyecare firm has, however, kept its core EPS outlook unchanged. - Shares in dairy producer Emmi were up as much as 5% after it boosted its organic sales forecast for the full year. See omnystudio.com/listener for privacy information.…
On this edition of Stock Movers: - Home Depot (HD) shares rise today after the company's sales returned to growth in the second quarter as shoppers invested in smaller projects, such as lighting and gardening. The world’s largest home-improvement retailer said comparable sales grew 1% in the quarter, modestly below what analysts had estimated but an improvement from a 3.3% slump a year ago. “These may be shallow gains, but they show a material strengthening over the last quarter and provide confidence that the slump in home improvement is finally over,” GlobalData analyst Neil Saunders wrote in a note. - Intel (INTC) shares are higher today after Softbank agreed to take a $2 billion stake in the chipmaker. That's after a report that the Trump administration is in discussions to take a stake of about 10% in Intel, possibly by converting grants made to the company under the US Chips and Science Act into equity. That could allow Intel to tap about $10 billion in capital as Tan works out a strategy for revival. - Nvidia (NVDA) shares fell today, which is one of the biggest casualties of the tech selloff today. The company is reporting second quarter earnings next week, with analysts expecting earnings growth of 44% and a 53% surge in revenue to $45.9 billion. See omnystudio.com/listener for privacy information.…
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, Scarlet Fu, Tim Stenovec and Emily Graffeo. - Intel (INTC) shares were higher today continuing a month-long rally. Intel bulls are finally being rewarded for their patience. But the stock’s sudden rebound comes with a worrying side-effect: a valuation so high its most recent precedent is from the dot-com era more than two decades ago. Shares of the struggling chipmaker have rallied 28% this month, adding about $24 billion in market value, on reports that the US government is in talks for a potential equity stake, as well as plans for a $2 billion investment from Japan’s SoftBank Group Corp. The jump has Intel trading at 53 times profits projected over the next 12 months, the highest since early 2002, according to data compiled by Bloomberg. - Palo Alto (PANW) jumped on a stronger-than-expected annual forecast, as the company seeks to provide customers with a bundle of AI-enabled cybersecurity products to fend off attacks. Fiscal-year sales will be about $10.5 billion, the company said Monday in a statement. Analysts, on average, estimated $10.4 billion, according to data compiled by Bloomberg. - Nvidia (NVDA) shares dropped nearly 3.5% in a trading day that saw tech stocks slide across the board. The Nasdaq 100 closed down 1.4% - its second-worst drop since April’s tariff shock. See omnystudio.com/listener for privacy information.…
On this edition of Stock Movers: - Intel (INTC) shares rallied today after SoftBank agreed to buy $2 billion of the chipmaker’s stock. Analysts see the news as a positive, but continue to see a number of questions surrounding the company’s prospects. Meantime, less than two weeks after President Donald Trump called for the ouster of Intel Corp.’s Lip-Bu Tan, the company’s chief executive officer has a shot at securing billions of dollars in fresh capital that could help him turn around the troubled US chipmaker. The Trump administration is in discussions to take a stake of about 10% in Intel, possibly by converting grants made to the company under the US Chips and Science Act into equity. That could allow Intel to tap about $10 billion in capital as Tan works out a strategy for revival. - Viking Therapeutics (VKTX) shares plunged after the company released results from a mid-stage study of an experimental oral obesity pill that showed side effects caused about 28% of patients to drop out of the trial in just three months. That dashed speculation the oral treatment could compete with popular weight-loss injections from Eli Lilly & Co and Novo Nordisk A/S. - Home Depot (HD) shares rose today after the company's sales returned to growth in the second quarter as shoppers invested in smaller projects, such as lighting and gardening. The world’s largest home-improvement retailer said comparable sales grew 1% in the quarter, modestly below what analysts had estimated but an improvement from a 3.3% slump a year ago. “These may be shallow gains, but they show a material strengthening over the last quarter and provide confidence that the slump in home improvement is finally over,” GlobalData analyst Neil Saunders wrote in a note. See omnystudio.com/listener for privacy information.…
On this episode of Stock Movers: - Nexstar (NXST) shares rise after news that the company will buy TV station operator Tegna for $3.5 billion in a cash deal that values Tegna at $22 a share. - Home Depot (HD) gains after comparable sales returned to growth in 2Q, rising 1% versus a 3.3% drop y/y; but that fell short of analyst estimates for a 1.39% growth rate. - Intel (INTC) shares are up after Softbank agreed to take a $2 billion stake in Intel. That's after a report that the Trump administration is in discussions to take a stake of about 10% in the US chipmaker. See omnystudio.com/listener for privacy information.…
On this episode of Stock Movers: - Home Depot (HD) shares are lower after sales metric disappointed in the latest quarter, a sign that consumers are staying away from big purchases as interest rates remain high and inflation uncertainties linger. CFO Richard McPhail said consumers are increasingly taking on small projects, but larger projects remain on hold as rates remain elevated and economic uncertainty persists. - Intel (INTC) is higher after it was reported by Bloomberg that the Trump administration is in discussions to take a stake of about 10% in Intel Corp. by converting grants made under the US Chips and Science Act into equity. The US government and SoftBank Group Corp. see potential for a turnaround at Intel, with the government valuing the company's manufacturing prowess and SoftBank valuing its chip design operations. - Nexstar Media (NXST) shares are moving on deal news. Nexstar will acquire all outstanding shares of Tegna for $22 per share in a cash deal valued at $6.2 billion. The purchase price represents a 31% premium to TEGNA’s average 30-day average stock price ending Aug. 8 See omnystudio.com/listener for privacy information.…
On this episode of Stock Movers: - Home Depot (HD) shares are lower after sales metric disappointed in the latest quarter, a sign that consumers are staying away from big purchases as interest rates remain high and inflation uncertainties linger. CFO Richard McPhail said consumers are increasingly taking on small projects, but larger projects remain on hold as rates remain elevated and economic uncertainty persists. - Medtronic (MDT) is lower after it reported profit that beat estimates and lifted full-year earnings guidance after lowering its forecast for tariff costs. CEO Geoffrey Martha said “We’re confident and well positioned to accelerate our revenue growth in the second half of our fiscal year” in a statement. - Intel (INTC) is higher after it was reported by Bloomberg that the Trump administration is in discussions to take a stake of about 10% in Intel Corp. by converting grants made under the US Chips and Science Act into equity. The US government and SoftBank Group Corp. see potential for a turnaround at Intel, with the government valuing the company's manufacturing prowess and SoftBank valuing its chip design operations. See omnystudio.com/listener for privacy information.…
On this episode of Stock Movers: - IWG shares dropped as much as 15%, the most in three years, after its results. It forecast Ebitda for the full year of low end of $525 million to $565 million and saw $525 million to $565 million. - Rheinmetall fell by as much as 2.6%. The defence firm is looking at whether it can produce air defense systems in the Netherlands, according to Dutch news outlets BNR and Het Financieele Dagblad. - Glencore shares were up as much as 1.7% after the miner filed applications to have two copper projects with combined capital expenditure estimated at more than $13 billion included into Argentina’s investment incentive program. See omnystudio.com/listener for privacy information.…
On this edition of Stock Movers: - Palo Alto Networks Inc. (PANW) jumped on a stronger-than-expected annual forecast, as the company seeks to provide customers with a bundle of AI-enabled cybersecurity products to fend off attacks. Fiscal-year sales will be about $10.5 billion, the company said Monday in a statement. Analysts, on average, estimated $10.4 billion, according to data compiled by Bloomberg. The shares increased about 5% in extended trading in New York, after closing at $176.17. Palo Alto’s results suggest the company’s strategy of offering a platform of cybersecurity products appeals to customers trying to reduce vendors and save money. - Dayforce (DAY) shares surged today after Thoma Bravo is in talks to acquire the human resources management software provider according to people familiar with the matter. The buyout firm is planning to take the Minneapolis-based company private in a deal that could be announced as soon as the coming weeks, the people said, asking not to be identified as the matter is private. Shares of Dayforce rose as much as 28% on Monday for their biggest intraday gain in more than seven years. The stock was up 25% at 9:38 a.m in New York, giving the company a market value of about $10.6 billion. Dayforce’s shares also trade on the Toronto Stock Exchange.While discussions are advanced, they could still be delayed or falter and it’s possible another bidder may emerge, the people said. Representatives for Thoma Bravo and Dayforce didn’t immediately respond to requests for comment. - First Solar (FSLR) and other solar stocks rose today after the Trump administration released new guidance on clean energy tax credits that were better than feared for solar companies. See omnystudio.com/listener for privacy information.…
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, Scarlet Fu, Tim Stenovec and Emily Graffeo. - GoodRx (GDRX) shares soared as much as 37%, the biggest intraday jump since July 2023, on news Novo Nordisk is slashing the cost of Ozempic and partnering with GoodRx to offer it at US pharmacies. - Opendoor (OPEN) shares rallied again, extending a three-day winning streak of about 60%, as retail traders continue buying. A plunge in the stock price had put the company at a risk of delisting. But last month, Canadian hedge fund manager Eric Jackson at EMJ Capital made a series of posts online laying out a bull case for the stock, leading to a surge. - Intel (INTC) shares slipped today on word that the Trump administration is considering a stake of about 10% in the beleaguered chipmaker. The federal government is considering a potential investment in Intel that would involve converting some or all of the company’s grants from the US Chips and Science Act into equity, said the people, who asked not to be identified because the information is confidential. Intel has been slated to receive a combined $10.9 billion in Chips Act grants for commercial and military production. See omnystudio.com/listener for privacy information.…
On this episode of Stock Movers: - Novo Nordisk (NVO) shares rise after news that it's slashing the cost of Ozempic for cash-paying patients to $499 a month through NovoCare and partnering with GoodRx Holdings Inc. to offer it at the same price at US pharmacies. - GoodRX (GDRX) shares surge on news Novo Nordisk is slashing the cost of Ozempic and partnering with GoodRx to offer it at US pharmacies. - CVS (CVS) shares gain after UBS upgraded the drugstore chain to buy from neutral. Analyst Kevin Caliendo writes that the upgrade follows “two strong consecutive quarters of execution and early signs that the Healthcare Benefits (HCB) segment fixes are on track.” See omnystudio.com/listener for privacy information.…
On this episode of Stock Movers: - Dayforce (DAY) shares rise after news that Thoma Bravo is in talks to acquire human resources management software provider Dayforce Inc., according to people familiar with the matter. - Soho House (SHCO) shares gain after news that a group of investors led by MCR will buy Soho House & Co. for about $9 per share in cash, a premium of about 83% over the closing stock price of Dec. 18. - UnitedHealth (UNH) shares are up after Warren Buffett’s Berkshire Hathaway Inc. and other investors recently bought shares in the health insurer. Shares had slid 46% year-to-date through Thursday’s close as the company contended with softening results and a federal probe of its business practices. See omnystudio.com/listener for privacy information.…
On this episode of Stock Movers: - Novo Nordisk (NVO) shares advanced after the drugmaker's weight-loss drug Wegovy received US approval to treat a serious form of liver disease. The US Food and Drug Administration's decision "could start to help shift the momentum for Novo following a more difficult start to the year," according to Evan David Seigerman, an analyst at BMO Capital Markets. - Dayforce (DAY) shares are higher on news Thoma Bravo is in talks to acquire human resources management software provider Dayforce Inc., according to people familiar with the matter. The buyout firm is planning to take the Minneapolis-based company private in a deal that could be announced as soon as the coming weeks, the people said. - Apple (APPL) shares are reacting to news Apple’s Vision Pro headset isn’t selling well for two reasons: its $3,499 price tag and a lack of sufficiently compelling features. That's according to a report from Bloomberg's Mark Gurman. There are other issues — like a limited array of custom applications, the device’s weight and a cumbersome setup process. See omnystudio.com/listener for privacy information.…
On this episode of Stock Movers: - SoHo House (SHCO) is higher on news it is going private. Soho House & Co Inc. has entered into definitive agreements pursuant to which an investor group led by MCR and its Chairman and CEO Tyler Morse will acquire the outstanding shares of Soho House not held by certain significant shareholders. - Dayforce (DAY) shares are higher on news Thoma Bravo is in talks to acquire human resources management software provider Dayforce Inc., according to people familiar with the matter. The buyout firm is planning to take the Minneapolis-based company private in a deal that could be announced as soon as the coming weeks, the people said. - Novo Nordisk (NVO) shares advanced after the drugmaker's weight-loss drug Wegovy received US approval to treat a serious form of liver disease. The US Food and Drug Administration's decision "could start to help shift the momentum for Novo following a more difficult start to the year," according to Evan David Seigerman, an analyst at BMO Capital Markets. - Tonix Pharmaceuticals (TNXP) shares surged following a trading halt ahead of an announcement that the firm received FDA approval for Tonmya to treat fibromyalgia in adults. See omnystudio.com/listener for privacy information.…
On this episode of Stock Movers: - Novo Nordisk A/S shares advanced after the drugmaker’s blockbuster weight-loss drug Wegovy received US approval to treat a serious form of liver disease, beating rival Eli Lilly & Co. to the US market. The stock gained as much as 5% in early trading in Copenhagen. - Vestas Wind Systems A/S shares rose sharply after guidance issued by the Treasury Department and IRS on tax credits related to clean energy projects was deemed by analysts to be far less onerous than feared. The stock gained as much as 13%, hitting the highest level since November. - Babcock was up as much as 2.8% following RBC adding the firm to its UK defence coverage, starting with an outperform rating, as it sees a strong outlook for the support services firm based on “an attractive hopper of opportunities” both at home and abroad. See omnystudio.com/listener for privacy information.…
The Trump administration is in talks with Intel Corp. to have the US government take a stake in the beleaguered chipmaker, according to people familiar with the plan, in the latest sign of the White House’s willingness to blur the lines between state and industry. A deal would help shore up Intel’s planned factory hub in Ohio, said the people, who asked not to be identified because the deliberations are private. The company had once promised to turn that site into the world’s largest chipmaking facility, though it’s been repeatedly delayed. The size of the potential stake isn’t clear. The talks come just a week after President Donald Trump had called for the ouster of Intel Chief Executive Officer Lip-Bu Tan, accusing him of being “highly conflicted” because of concerns about his earlier ties to China. For more on the potential deal, Carol Massar and Tim Stenovec speak with Bloomberg's Ryan Gould. See omnystudio.com/listener for privacy information.…
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On this episode of Stock Movers: - Unitedhealth (UNH) shares jumped after funds piled into the company, which has been hampered by a federal probe into its business practices and weakening results. Warren Buffett’s Berkshire Hathaway was among the investors, buying 5 million shares, according to a filing. David Tepper’s Appaloosa Management LP also invested, boosting its holdings of the health insurance giant by 2.3 million shares. The investments were a welcome reprieve for a company that had seen its stock fall 46% this year. The shares rose as much as 12.65% Friday, the most since March of 2020. - Applied Materials (AMAT) suffered the worst single-day stock decline in five years after giving a disappointing sales and profit forecast, renewing concerns that the US trade dispute with China is weighing on demand. Revenue will be approximately $6.7 billion in the fiscal fourth quarter, the company said in a statement Thursday. Analysts had estimated $7.32 billion on average. Profit will be about $2.11 a share, excluding some items, compared with a projection of $2.38. Applied Materials, the largest American producer of chipmaking gear, is seeing less demand from customers in China, Chief Executive Officer Gary Dickerson said in an interview. It also faces delays in approval for exporting technology to that country, he said. Moreover, large customers are putting off some purchases in the face of prolonged negotiations around tariffs and other economic issues. - First Solar (FSLR) and clean energy stocks soared after the Trump administration released new guidance on eligibility requirements for tax credits that weren’t as punitive as the industry had feared. Residential solar systems will still be able to qualify under prior guidance and larger projects will have to meet a physical construction standard but will still have four years to complete their developments. According to Phil Shen, a clean energy analyst with Roth Capital Partners, "This is much better than expected," and Robert Barnett, a clean energy analyst for Bloomberg Intelligence, said "This seems pretty straight forward" and is "particularly favorable news to the residential and small commercial solar companies". See omnystudio.com/listener for privacy information.…
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 Scarlet Fu, Vonnie Quinn, Carol Massar and Emily Graffeo. - UnitedHealth (UNH) shares jumped after funds piled into the company, which has been hampered by a federal probe into its business practices and weakening results. Warren Buffett’s Berkshire Hathaway Inc. was among the investors, buying 5 million shares in the second quarter, according to a filing. David Tepper’s Appaloosa Management LP also invested, boosting its holdings of the health insurance giant by 2.3 million shares. The investments were a welcome reprieve for a company that had seen its stock fall 46% this year. The shares rose as much as 12.65% Friday, the most since March of 2020. - Intel (INTC) were still rallying on word the Trump administration is considering buying a stake in the troubled chipmaker. The latest reporting from Bloomberg is that the US government is considering using funds from the US Chips Act to take a stake in Intel Corp., according to people familiar with the discussions, part of efforts to rescue the embattled chipmaker and shore up domestic semiconductor manufacturing. The government’s talks focus on using Chips Act funding to at least partially finance an equity stake in Intel, the people said, while emphasizing that discussions are in early stages and other options could be under consideration. It’s unclear if the approach would involve converting some or all of Intel’s existing Chips Act grants into equity, allocating new funding from a broader pool or combining Chips Act money with other financing streams. - Applied Materials (AMAT) the largest American producer of chipmaking gear, plunged after giving a disappointing sales and profit forecast, renewing concerns that the US trade dispute with China is weighing on demand. Revenue will be approximately $6.7 billion in the fiscal fourth quarter, the company said in a statement Thursday. Analysts had estimated $7.32 billion on average. Profit will be about $2.11 a share, excluding some items, compared with a projection of $2.38. The company is seeing less demand from customers in China, Chief Executive Officer Gary Dickerson said in an interview. It also faces delays in approval for exporting technology to that country, he said. Moreover, large customers are putting off some purchases in the face of prolonged negotiations around tariffs and other economic issues. See omnystudio.com/listener for privacy information.…
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On this episode of Stock Movers: - Applied Materials (AMAT) shares fall after the company gave a disappointing sales and profit forecast, renewing concerns that the US trade dispute with China is weighing on demand. Chief Executive Officer Gary Dickerson said the company is seeing less demand from customers in China and faces delays in approval for exporting technology to that country. - Roblox (RBLX) shares fall following news that Louisiana Attorney General Liz Murrill had filed suit against the video-game company. TD Cowen affirmed a sell rating on the stock, and wrote that “regulatory risk is non-negligible” at the company. - UnitedHealth (UNH) shares surge after funds piled into the company, which has been hampered by a federal probe into its business practices and weakening results. The investments were a welcome reprieve for a company that had seen its stock fall 46% this year. See omnystudio.com/listener for privacy information.…
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On this episode of Stock Movers: - UnitedHealth (UNH) shares surge after funds piled into the company, which has been hampered by a federal probe into its business practices and weakening results.The investments were a welcome reprieve for a company that had seen its stock fall 46% this year. - Lululemon (LULU) shares rise after Scion Asset Management took a new equity position in the athletic-wear maker and cut its position in Estee Lauder Cos., according to a Bloomberg analysis of the hedge fund manager’s 13F filing. - Joby Aviation (JOBY) shares gain after the air taxi company announced it successfully completed its first piloted flight between two airports.The stock has one analyst buy, six hold and two sell ratings with an average PT of $11, according to data compiled by Bloomberg. See omnystudio.com/listener for privacy information.…
On this episode of Stock Movers: - UnitedHealth Group (UNH) is surging along with homebuilders after Warren Buffett's Berkshire Hathaway Inc. bought shares of UnitedHealth Group Inc. in the second quarter, granting Berkshire a stake worth $1.6 billion. Berkshire also sold its stake in T-Mobile US Inc. and trimmed its holdings in Apple Inc. and Bank of America Corp. during the period. Lennar (LEN) is following UNH higher on the Berkshire bid. - Applied Materials (AMAT) is tumbling after it gave a disappointing sales and profit forecast, renewing concerns that the US trade dispute with China is weighing on demand. CEO Gary Dickerson said the company is seeing less demand from customers in China and faces delays in approval for exporting technology to that country - Intel (INTC) is higher on news the Trump administration is in talks with Intel Corp. to have the US government take a stake in the company, according to people familiar with the plan. See omnystudio.com/listener for privacy information.…
On this episode of Stock Movers: - UnitedHealth Group (UNH) is surging along with homebuilders after Warren Buffett's Berkshire Hathaway Inc. bought shares of UnitedHealth Group Inc. in the second quarter, granting Berkshire a stake worth $1.6 billion. Berkshire also sold its stake in T-Mobile US Inc. and trimmed its holdings in Apple Inc. and Bank of America Corp. during the period. - Lennar (LEN) is following UNH higher on the Berkshire bid. Health insurer UnitedHealth Group, as well as homebuilders Lennar and DR Horton rally after the latest 13F filing showed Warren Buffett’s Berkshire Hathaway bought shares in the companies during the second quarter. - Applied Materials (AMAT) is tumbling after it gave a disappointing sales and profit forecast, renewing concerns that the US trade dispute with China is weighing on demand. CEO Gary Dickerson said the company is seeing less demand from customers in China and faces delays in approval for exporting technology to that country - Intel (INTC) is higher on news the Trump administration is in talks with Intel Corp. to have the US government take a stake in the company, according to people familiar with the plan. See omnystudio.com/listener for privacy information.…
On this episode of Stock Movers: - Pandora falls as much as 14%, the steepest drop since April, after the Danish maker of charm jewelry reported weaker-than-expected second-quarter revenue. Current trading news also disappointed analysts, triggering concerns as to whether the company will reach consensus expectations in the third quarter. - Orsted was downgraded to the lowest tier of investment grade by S&P Global Ratings on increasing risks to its US offshore wind business as the Trump Administration moves to halt the sector’s development. - European metals and mining stocks may move on Friday after a slew of negative data from China showed a slowdown across the country’s economy last month. See omnystudio.com/listener for privacy information.…
On this edition of Stock Movers: - Intel (INTC) shares jumped today after Bloomberg News reported that the Trump administration is in talks with Intel Corp. to have the US government potentially take a stake in the beleaguered chipmaker, according to people familiar with the plan, in the latest sign of the White House’s willingness to blur the lines between state and industry. The deal would help shore up Intel’s planned factory hub in Ohio, said the people, who asked not to be identified because the deliberations are private. The company had once promised to turn that site into the world’s largest chipmaking facility, though it’s been repeatedly delayed. The size of the potential stake isn’t clear. The plans stem from a meeting this week between President Donald Trump and Intel Chief Executive Officer Lip-Bu Tan, the people said. While the details are still being sorted, the idea is for the US government to pay for the stake, one of the people said. Another cautioned that the plans remain fluid. - Applied Materials (AMAT) shares tumbled today as the largest American producer of chipmaking gear, plunged in late trading after giving a disappointing sales and profit forecast, renewing concerns that the US trade dispute with China is weighing on demand. Revenue will be approximately $6.7 billion in the fiscal fourth quarter, the company said in a statement Thursday. Analysts had estimated $7.32 billion on average. Profit will be about $2.11 a share, excluding some items, compared with a projection of $2.38. The company is seeing less demand from customers in China, Chief Executive Officer Gary Dickerson said in an interview. It also faces delays in approval for exporting technology to that country, he said. Moreover, large customers are putting off some purchases in the face of prolonged negotiations around tariffs and other economic issues. - TeraWulf (WULF) shares rose as much as 53%, the most since March 2022, after Google took the equivalent of an around 8% stake in the company as the Bitcoin miner and data center operator signed two 10-year high-performance computing co-location deals with AI cloud platform operator Fluidstack. See omnystudio.com/listener for privacy information.…
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 Matt Miller, Katie Greifeld, Carol Massar and Tim Stenovec. - Intel (INTC) shares jumped on reports the Trump administration is in talks to have the US government potentially take a stake in the beleaguered chipmaker, according to people familiar with the plan, in the latest sign of the White House’s willingness to blur the lines between state and industry. The deal would help shore up Intel’s planned factory hub in Ohio, said the people, who asked not to be identified because the deliberations are private. The company had once promised to turn that site into the world’s largest chipmaking facility, though it’s been repeatedly delayed. The size of the potential stake isn’t clear. The plans stem from a meeting this week between President Donald Trump and Intel Chief Executive Officer Lip-Bu Tan, the people said. While the details are still being sorted, the idea is for the US government to pay for the stake, one of the people said. Another cautioned that the plans remain fluid. - Bullish (BLSH) shares still climbed on its second day of trading. Bullish, which counts former New York Stock Exchange president Tom Farley as its Chief Executive Officer, offers crypto spot trading, margin trading and derivatives trading, with a focus on institutional investors, the filings show. Its margin and derivatives products aren’t currently available in the US or to US users. - Tapestry (TPR) shares tumbled the most intraday since March 2020, after the owner of Coach and Kate Spade forecast adjusted earnings per share for 2026 that fell short of Wall Street’s high expectations. Shares have climbed 69% from April 9 to Wednesday’s close. See omnystudio.com/listener for privacy information.…
On this edition of Stock Movers: - Shares of Deere & Co. (DE) tumbled the most in over three years as the world’s biggest farm machinery maker pared its annual earnings outlook with lower grain prices curbing growers’ spending. The farm-machinery sector has been expected to bottom out this year, but a bigger-than-expected American corn harvest and lagging demand for crops like soybeans amid President Donald Trump’s trade wars may be shifting that timeline. Sentiment among grain and livestock producers eased earlier this month as crop prices declined. - Tapestry (TPR) shares fell as much as 18%, the biggest intraday drop since 2020. This is because a mix of tariff costs and weakness at its Kate Spade brand sent investors fleeing on Thursday. The company’s Coach brand is still doing well, but US President Donald Trump’s tariffs weighed on a profit outlook that trailed estimates. Meanwhile, the lackluster performance of Kate Spade led Tapestry to write down its value by $855 million. Tapestry said it’s expecting earnings per diluted share between $5.30 to $5.45 in the current fiscal year. That would be a 4% to 7% increase versus the prior year. Analysts in a Bloomberg survey were expecting the profit metric to reach $5.49. - Bullish (BLSH) shares soared a day after the crypto exchange operator and CoinDesk owner raised $1.1 billion in an initial public offering. See omnystudio.com/listener for privacy information.…
On this episode of Stock Movers: - Coherent (COHR) shares fall after the semiconductor device company gave an outlook that underwhelmed and which, according to some analysts, implied AI deceleration. The firm said it would sell its Aerospace and Defense - Deere (DE) shares slide as the world’s biggest farm machinery maker pared its full-year earnings outlook with lower grain prices curbing farmers’ spending. “Customers remain cautious amid ongoing uncertainty,” Deere said in a statement Thursday as the company announced third-quarter earnings. - Tapestry (TPR) shares fall as its' annual outlook for a key profit metric missed analysts’ forecasts due in part to tariffs. It's a sign that Wall Street is still adjusting to the full cost of duties for US firms. See omnystudio.com/listener for privacy information.…
On this episode of Stock Movers: - Tapestry (TPR) shares fall as its' annual outlook for a key profit metric missed analysts’ forecasts due in part to tariffs. It's a sign that Wall Street is still adjusting to the full cost of duties for US firms. - Deere (DE) shares slide as the world’s biggest farm machinery maker pared its full-year earnings outlook with lower grain prices curbing farmers’ spending. “Customers remain cautious amid ongoing uncertainty,” Deere said in a statement Thursday as the company announced third-quarter earnings. - Cisco (CSCO) shares drop after the company gave a cautious forecast for the current fiscal year, with revenue expected to range from $59 billion to $60 billion. Chief Executive Officer Chuck Robbins said Federal business should return to growth during the new fiscal year, and the company will play a role in the Stargate project in the United Arab Emirates. See omnystudio.com/listener for privacy information.…
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