Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Leveraged exchange-traded funds tracking Samsung Electronics Co. or SK Hynix Inc. probably sold a combined $6 billion of the Korean chipmakers’ shares Tuesday to maintain their ratios, underscoring such products are amplifying market moves, Bloomberg Intelligence says.
- Taiwan’s Taiex Index slides as much as 2.2%, among the worst performers in the region Wednesday, with tech stocks like TSMC leading declines.
- Chinese artificial-intelligence model maker Zhipu is considering a share sale to raise several billion US dollars in Hong Kong, people familiar with the matter said, after soaring 2,000% since its listing in January.

See omnystudio.com/listener for privacy information.

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 ended higher on Tuesday, snapping a three-day selloff that wiped out more than $600 billion from the Elon Musk-led rocket and satellite company’s market value. The stock gained 1% to close at $156.11 after a choppy session that saw shares slip as much as 4.8%, then jump 7.1% before paring much of that advance by market close. The volatility came amid a broad-based slide in technology and other high-momentum stocks after a selloff in Korean chipmakers stoked fears about the rally in companies involved in artificial intelligence.

- Quantinuum (QNT) is climbing as traders rotate into quantum‑linked assets after the administration issued sweeping executive orders aimed at accelerating quantum computing, strengthening quantum supply chains and securing national systems against future quantum‑enabled cyber threats.

- Carnival (CCL) shares slump as much as 11% on Tuesday after the cruise operator cut its net yield for the full year, citing the prolonged conflict in the Middle East. The company also gave a third-quarter adjusted earnings per share forecast that missed the consensus estimate.

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, Isabelle Lee, Carol Massar and Tim Stenovec

- IBM (IBM) shares gained after the company announced it has joined the OpenAI Daybreak Cyber Partner Program. 

- Avis (CAR) shares ended the day higher as the rental company is set to receive $650 million in cash as part of a settlement agreement with Pentwater Capital Management to resolve a lawsuit regarding short-swing profits, according to a filing.

- The Philadelphia Semiconductor Index (SOX) plunged 7.9% as semiconductor companies were hit with doubts about the sustainability of the AI-driven rally.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

- Micron (MU) and Sandisk (SNDK) shares sink amid weakness in the memory sector. A global selloff in the shares of chipmakers dragged US indexes sharply lower amid doubts about the sustainability of the AI-fueled tech rally.

- Fedex shares (FDX) fall ahead of earnings. Investors are waiting to hear management’s expectations for the company’s slimmed-down core parcel business following the spinoff of its freight unit earlier this month.

- Best Buy (BBY) shares slip  after the company said Matt Bilunas will step down as CFO and depart the retailer at the end of July after 20 years, including seven years as CFO.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- SpaceX (SPCX) shares fluctuated at the open Tuesday, after a three-day selloff that wiped off more than $600 billion from the Elon Musk-led rocket and satellite company’s market value. The stock fell as much as 3.9%, briefly dipping below the $150 level at which it opened during its trading debut earlier this month.
- IBM (IBM) shares gain. IBM resisted a broad tech selloff after a Wall Street upgrade. Morgan Stanley analyst Erik Woodring raised the target on International Business Machines Corp. to $267 from $225. Maintains equal-weight rating.
- Carnival (CCL) shares slump as much as 11% on Tuesday after the cruise operator’s third-quarter adjusted earnings per share forecast missed the consensus estimate. Travel stocks including Carnival were trading lower before the results as the broader market was weighed down by a selloff in Korean chipmakers that stoked concerns about the sustainability of the artificial- intelligence driven rally.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Nvidia (NVDA) shares are down. Super Micro Computer-backed Argentum AI has signed two major long-term AI infrastructure deals worth a total of $7.8b to deploy 47,000 Nvidia GB300 chips at a 300-megawatt data center in Poland, Barron’s reports, citing the company.
- AMC (AMC) shares tumble. The movie theater operator entered into a definitive agreement with institutional investors to sell 95.25 million shares of its common stock for gross proceeds of around $200 million.
- Carnival (CCL) shares slump as much as 11% on Tuesday after the cruise operator’s third-quarter adjusted earnings per share forecast missed the consensus estimate. Travel stocks including Carnival were trading lower before the results as the broader market was weighed down by a selloff in Korean chipmakers that stoked concerns about the sustainability of the artificial- intelligence driven rally.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- SpaceX (SPCX) is heading towards it fourth day of losses, and is currently above its lowest trading price ($149.34 on its IPO) as it continues to approaching that figure.
- IBM (IBM) shares are climbing on news IBM and OpenAI are bringing AI to cyber defense.
- AMC Entertainment (AMC) shares are lower after the movie theater operator entered into a definitive agreement with institutional investors to sell 95.25 million shares of its common stock for gross proceeds of around $200 million.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Micron (MUS) and Sandisk (SNDK) shares are declining in a hit to memory stocks. Investors are closely watching Micron this week as they're set to report a key earnings report for the market tomorrow.
- SpaceX (SPCX) is heading towards it fourth day of losses, and is currently above its lowest trading price ($149.34 on its IPO) as it continues to approaching that figure.
- IBM (IBM) shares are climbing on news IBM and OpenAI are bringing AI to cyber defense.
- Avis (CAR) shares are moving up as the rental car company entered into a settlement agreement with Pentwater Capital Management and affiliated persons to resolve a lawsuit seeking recovery of short-swing profits, the company says in a filing.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- AI-exposed stocks that have soared this year due to optimism over the data-center buildout are pulling back on Tuesday, following a retreat in South Korea’s benchmark Kospi and Nasdaq 100 futures. Nokia fell as much as 5.1%.
- Heineken appointed Rafael Oliveira chief executive officer, as the Dutch brewer breaks with habit by hiring an outsider to try to reverse a slump in demand. Shares rose as much as 3.2%.
- Signify plunges as much as 18%, the most on record, after the Dutch lighting manufacturer announced new medium-term targets and an updated dividend policy that analysts say would mean big cuts to shareholder payouts.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- AI-exposed stocks that have soared this year due to optimism over the data-center buildout are pulling back on Tuesday, following a retreat in South Korea’s benchmark Kospi and Nasdaq 100 futures. STMicro fell as much as 5.1%.
- Heineken appointed Rafael Oliveira chief executive officer, as the Dutch brewer breaks with habit by hiring an outsider to try to reverse a slump in demand. Shares rose as much as 3.2%.
- Signify plunges as much as 18%, the most on record, after the Dutch lighting manufacturer announced new medium-term targets and an updated dividend policy that analysts say would mean big cuts to shareholder payouts.

See omnystudio.com/listener for privacy information.