Stock Movers

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

On this episode of Stock Movers, we take a look at some of the biggest gainers and decliners or the week:

• Super Micro (SMCI) shares gained in extended trading after the company reported improved margins and gave a profit forecast that suggested it’s controlling the costs of getting powerful AI servers into customers’ hands. Earnings, excluding some items, will be 65 cents a share to 79 cents a share in the period ending June 30, Super Micro said Tuesday in a statement. Fiscal fourth-quarter revenue will be $11.2 billion to $12.5 billion. Analysts polled by Bloomberg projected, on average, profit of 57 cents on sales of $11.2 billion.
• AMD (AMD) the second-biggest maker of computer processors, gave a strong forecast for the current period, showing that it’s cashing in on the flood of AI spending. Second-quarter sales will be $11.2 billion, plus or minus $300 million, the company said in a statement Tuesday. That compares with an average analyst prediction of $10.5 billion, according to data compiled by Bloomberg. AMD shares rose as much as 7.1% in extended trading following the announcement. The stock earlier closed at $355.26 in New York trading, leaving it up 66% this year. 
• Intel (INTC) shares rose on word that Apple held exploratory discussions about using Intel and Samsung Electronics to produce the main processors for its devices in the US, a move that would offer a secondary option beyond longtime partner Taiwan Semiconductor Manufacturing. The iPhone and iPad maker has had early-stage talks with Intel about enlisting the company’s chipmaking services, according to people familiar with the deliberations. Meanwhile, Apple executives have made visits to a Samsung plant under development in Texas that will also make advanced chips. Intel shares soared as much as 12% to a fresh record in New York on Tuesday, their biggest intraday gain in nearly a week. The stock has gained more than 180% this year, adding well over $340 billion to the company’s market valuation.

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

On this episode of Stock Movers, we take a look at some of the biggest gainers and decliners or the week:

- Shares of companies that offer financial services like FactSet (FDS), Morningstar (MORN) and S&P Global (SPGI) fell in response to Anthropic unveiling a set of new artificial intelligence agents designed to handle a broader mix of financial services tasks, part of the company’s push to win over Wall Street. The Claude maker is releasing AI agents that it says can draft pitch decks for client meetings, review financial statements and escalate cases for compliance review. The new tools — 10 in total — are aimed at professionals across banking, insurance, asset management and financial technology.

- PayPal (PYPL) plans to cut around 20% of its workforce in the next two to three years, according to a person familiar with the matter, as new Chief Executive Officer Enrique Lores seeks to reduce costs and turn around the payments company. PayPal’s turnaround strategy under Lores was under fresh scrutiny Tuesday, as analysts weighed the potential for the team to take a fresh stab at revamping the firm. Shares fell in trading on Tuesday.

- Coinbase (COIN) will cut around 14% of its workforce, citing a need to manage costs in volatile markets and technological advances in artificial intelligence. The company plans to concentrate remaining staff around AI skills while reducing layers of management, Coinbase Chief Executive Officer Brian Armstrong said in an X post on Tuesday. In this new structure, some teams may consist of just one person, he said, with the responsibilities of engineers, designers and product managers combined into a single role. Shares traded lower on Tuesday.

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On this episode of Stock Movers:
- Alphabet (GOOGL) shares rise. Alphabet Inc. is selling its biggest-ever euro-denominated bond and tapping the Canadian dollar debt market to fund its ambitions in artificial intelligence. The company is set to raise at least €9 billion in euro bonds and has also kicked off the sale of a four-part Canadian dollar bond sale with maturities ranging from five to 30 years.
- Paypal (PYPL) shares fall. PayPal Holdings Inc. plans to cut costs and jobs as new Chief Executive Officer Enrique Lores seeks to turn around the payments company. The company is seeking to realize at least $1.5 billion in savings over the next two to three years and will seek to reinvest in modernizing its technology.
- Eaton (ETN) shares slide. The power equipment company gave an outlook for second-quarter profit below what analysts expected. The company raised the low end of a 2026 guidance range; the midpoint of the new range is roughly in line with expectations.

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On this episode of Stock Movers:
- Coinbase (COIN) shares rise. Coinbase Global Inc. said it will cut around 14% of its workforce to manage costs in volatile markets and technological advances in artificial intelligence.
- Meta (META) shares rise. Meta Platforms Inc. is working on a financing package for a data center in El Paso, Texas, that could total roughly $13 billion, underscoring Big Tech’s growing reliance on debt to bankroll the infrastructure behind the AI boom.
- Fiserv (FISV) shares slide. The payments company reported first quarter adjusted revenue and organic revenue that came in below analyst expectations. KBW analyst Vasundhara Govil said “although FISV reported a headline EPS beat, it was low quality with revenues coming in below expectations”

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On this episode of Stock Movers:
- Coinbase (COIN) is higher on news it will cut around 14% of its workforce to manage costs in volatile markets and technological advances in artificial intelligence. The company plans to concentrate remaining staff around AI skills while reducing layers of management, with some teams consisting of just one person.
- Pinterest (PINS) shares jumped almost 20% in extended trading after the company reported first-quarter sales that topped analyst estimates. Pinterest reported 631 million monthly users in the quarter ended March 31, up 11% from a year earlier, and a net loss of $73.6 million for the quarter.
- Shopify (SHOP) shares slumped as its revenue outlook suggests growth pace may be slowing down. The Ottawa-based commerce software maker expects revenue in the second quarter to increase at a “high-twenties percentage rate” from a year earlier, according to a Tuesday filing.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Pfizer (PFE) shares are higher this morning after it reported first quarter sales of $14.5 billion, topping the average Wall Street estimate of $13.8 billion, as demand for older blockbusters helped to offset a decline in revenues from Covid products. The company reaffirmed its 2026 sales guidance of $59.5 billion to $62.5 billion, in line with the average analyst expectation of $61 billion.
- DuPont (DD) shares are rising after it said it is raising its full-year guidance as the chemical conglomerate benefits from price increases taken in the wake of the US-Iran conflict.
- Intel (INTC) is higher this morning on news APple has held exploratory discussions with the company as well as Samsung about producing main processors for its devices in the US.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- HSBC shares declined as much as 5.6% in London trading after the lender missed estimates in the first quarter, weighed by higher costs and impairments.
- EQT raised its offer for Intertek Group to roughly £8.9 billion ($12.1 billion) as it ramps up its efforts to acquire the British product-testing company. Intertek shares jumped as much as 9.6% to above £52 in early Tuesday trading in London.
- Rheinmetall shares rise as much as 2.3% after the German defense and engineering firm pre-released a first-quarter sales miss, saying it expects to deliver a stronger performance in the second three-month period. Operating margin was in line, which analysts saw as a positive.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- HSBC shares declined as much as 5.6% in London trading after the lender missed estimates in the first quarter, weighed by higher costs and impairments. The bank booked an unexpected UK fraud-related charge and recorded a $300 million increase in allowance tied to a deteriorating global economic outlook following the onset of hostilities in the Middle East.
- UniCredit shares advanced 3%, the best performing stock on the Stoxx 600 Banks Index, after the Italian lender reported a record quarter with strong revenues. KBW analysts expect earnings to be well received.
- Shares in AB InBev gained as much as 6.8% in early trading, adding to a more than 14% rise over the past 12 months.

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

On this episode of Stock Movers:

- eBay (EBAY) shares rallied on news that GameStop is trying to buy it for about $56 billion in cash and stock. EBay said Monday that it would review the offer “with a focus on the value to be delivered to eBay shareholders, including the value of the GameStop stock consideration and the ability of GameStop to deliver a binding, actionable proposal.”

- Tyson (TSN)'s shares soared after the largest US meatpacker raised its full-year profit outlook, with strong protein demand enabling growth even as the its beef segment continued to slump.The largest US meatpacker said it sees adjusted operating income between $2.2 billion and $2.4 billion in the fiscal year, up $100 million from its prior range. A greater consumer appetite for protein has supported more chicken and pork purchases, while also allowing Tyson to pass through higher beef prices to offset the impacts of costly US cattle supplies.

- UPS (UPS) dropped more than 10% in trading today along with other US transportation stocks after Amazon announced expanded logistics offerings that will turn it into a major competitor for parcel carriers and air freight companies, and also impact truckers and third-party brokers.

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On this episode of Stock Movers:
- Gamestop (GME) shares drop. GameStop Corp. is proposing to buy eBay Inc. for about $56 billion in cash and stock, a 20% premium to its Friday close. The company offered $125 per share in cash and stock for the online marketplace and has secured an initial, non-binding "highly confident letter" from TD Bank to provide about $20 billion of debt financing.
- Norwegian Cruise Line (NCLH) shares fall. Norwegian Cruise Line Holdings Ltd. cut its full-year adjusted earnings outlook, signaling it’s on track to be the cruise operator most affected by disruptions tied to the Middle East.
- Tyson Foods (TSN) shares rise. Tyson Foods Inc. raised its full-year profit outlook as strong protein demand enables growth even as the struggling beef segment shows no signs of turning around.

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