Stock Movers

On this episode of Stock Movers:
- Alphabet (GOOGL) shares soared by the most in nearly eight months after the company reported strong demand for its cloud and artificial intelligence offerings, signaling that its unprecedented investments in AI infrastructure are paying off.
- Qualcomm (QCOM) rallied after the company said it was making headway in the lucrative data center market and predicted that the China phone industry would bounce back. A top hyperscaler is on track to begin using Qualcomm's components later this year, and the company has become more optimistic about the market, seeing AI data centers as a major source of potential growth.
- Pershing Square (PSUS) shares rise. Bill Ackman bought shares of his asset management company and alternative asset manager in the open market on Wednesday, supporting the shares in their debut following a $5 billion combined IPO.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Royal Caribbean (RCL) is climbing after it logged a higher profit and revenue in the first quarter as demand remained strong. Royal Caribbean expects another year of double-digit revenue and earnings growth, driven by consumers' preference for its leading brands and expanding portfolio.
- Chipotle (CMG) shares are moving up after it reported sales at established locations rose 0.5% thanks to a higher volume of orders, aided by the popularity of its chicken al pastor and extra servings of protein.
- Eli Lilly (LLY) is higher this morning as it raised its annual sales and profit forecast due to high demand for obesity medications and its new weight-loss pill.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Alphabet (GOOG) shares are higher this morning after the Google parent reported first-quarter results that beat expectations on key metrics. Analysts were especially positive on the company’s Search and Cloud businesses.
- Meta (META) shares are leading to the downside after it raised its spending outlook for the year, projecting full-year capital expenditures of $125 billion to $145 billion, driven by its AI strategy and higher component pricing. The increase in spending sent shares sliding, with investors expressing concerns that the investments may not pay off, as Meta's AI system still trails its peers.
- Microsoft (MSFT) is moving to the upside after it said cloud computing revenue and spending on AI infrastructure will accelerate this year, with Azure cloud unit sales expected to increase about 40% in the current quarter.
- Amazon (AMZN) is lower as it reported it is spending at a rapid rate to expand data center capacity to meet the intense demand for artificial intelligence computing power, fueling the fastest quarterly sales growth for its cloud unit in more than three years.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Whitbread is launching a new five-year plan to reduce capital investment by over £1b and recycle £1.5b of property assets to fund future growth while generating £2b in free cash flow for shareholder returns by 2031, according to a statement.
- Volkswagen's first-quarter operating margin declined as tariffs and increasing competition in key markets weighed with the carmaker seeking to reap more savings.
- Air France-KLM said it expects its fuel bill to increase by $2.4 billion this year due to the Middle East conflict, with the geopolitical uncertainty prompting the group to further rein in costs and trim its full-year capacity outlook.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Standard Chartered reported pretax profit for the first quarter that beat the average analyst estimate.
- Whitbread is launching a new five-year plan to reduce capital investment by over £1b and recycle £1.5b of property assets to fund future growth while generating £2b in free cash flow for shareholder returns by 2031, according to a statement.
- Stellantis shares fell the most since February after analysts pointed to the automaker’s worse-than-expected financial performance in the key North American market.

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On this episode of Stock Movers:
- Alphabet Inc. (GOOGL) reported quarterly revenue and profit that beat projections, fueled by strong growth in its cloud computing unit, signaling that the internet giant’s unprecedented investments in AI infrastructure are beginning to pay off. Google’s parent company said first-quarter revenue, excluding partner payouts, was $94.7 billion, compared with the $91.6 billion expected on average by analysts, according to data compiled by Bloomberg. The company reported earnings per share of $5.11, compared with Wall Street’s $2.62 per share estimate. Alphabet shares gained more than 7% in after-hours trading, after closing at $349.94.
- Ford Motor Co. (F) boosted its full-year profit outlook on demand for high-margin pickups and SUVs while warning that an unexpected rise in commodity costs will weigh on earnings.The automaker now expects to earn between $8.5 billion to $10.5 billion before interest and taxes this year, up $500 million from its previous forecast, the company said in a statement Wednesday. Ford also widely exceeded analyst expectations for first-quarter results, with adjusted earnings of 66 cents a share compared with 19 cents expected by Wall Street.
- Chipotle Mexican Grill Inc. (CMG) eked out higher sales last quarter, suggesting the chain is starting to win back diners who previously balked at the rising price of its burritos.Sales at established locations rose 0.5% thanks to a higher volume of orders, aided by the popularity of its chicken al pastor and extra servings of protein. That surpassed the decline of almost 1% that analysts polled by Bloomberg had anticipated. The company maintained its guidance for flat full-year comparable sales.

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On this episode of Stock Movers:
-NXP Semiconductors (NXPI) shares jump after the company gave an upbeat revenue forecast, beating the average analyst estimate of $3.27 billion with a forecast of $3.35 billion to $3.55 billion.
-Wingstop (WING) shares sink. The company lowered its full-year guidance and reported worst-than-expected results, confirming concerns that traffic to the chicken chain had significantly dropped off.
-Starbucks (SBUX) shares rise. Starbucks Corp. is winning over American diners with cushier seats, more appetizing pastry displays and speedier service. The company reported better-than-expected quarterly results and said it now sees comparable sales rising at least 5% this year.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Robinhood (HOOD) is down after the firm said expenses jumped 18% in the first quarter and warned that its “Trump account” push would require an additional $100 million investment.
- Avis Budget Group (CAR) is moving lower after it reported a worse-than-expected loss for the first quarter the morning after a major investor revealed it sold a portion of its stake, sending the shares tumbling yet again.
- Adidas AG (ADDYY) is moving higher after reporting upbeat first-quarter results supported by strong momentum in its apparel division and healthy demand for its football, running and training products.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Visa (V) shares gain after the credit card company reported second-quarter adjusted earnings per share and net revenue that both topped average analyst estimates. Analysts note that payment volumes are showing signs of stability.
- Humana (Humana) shares drop after the health insurer reaffirmed its adjusted earnings per share forecast for the full year, even as its first-quarter profit came ahead of expectations.
- Seagate Technology (STX) shares are up after the computer hardware and storage company gave a fourth-quarter forecast that was much stronger than expected. It also reported third-quarter results that beat expectations.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Kone agreed to acquire TK Elevator for €29.4 billion ($34.4 billion) including debt, in what will be one of Europe’s biggest-ever private equity exits.
- Aston Martin Lagonda Global Holdings reported another quarterly loss as billionaire Lawrence Stroll’s consortium put up a further £50 million ($68 million) in an attempt to ease the pressure on the embattled carmaker.
- UBS Group AG traders helped drive profit in the first quarter, keeping the Swiss wealth manager on track to increase payouts to investors this year.

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