Stock Movers

On this episode of Stock Movers:

• United Airlines (UAL) shares falls after the company slashed its full-year profit forecast as higher fuel prices caused by war in the Middle East batter global carriers.
• Deutsche Telekom AG (DTE GY) shares down after the company said its  considering a full combination with its American arm T-Mobile US Inc., a move that would create a multinational telecom group and rank as the largest-ever public M&A deal.
• Best Buy (BBY) shares sinks after the company Jason Bonfig, the company’s chief customer, product and fulfillment officer, to succeed Corie Barry as chief executive officer.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- T-Mobile (TMUS) is moving on news that Deutsche Telekom (DTEGY) is discussing a potential combination with its American arm, T-Mobile US. The move would create the world’s biggest phone company and set a record for public M&A. The companies have considered a closer tie-up on-and-off for years.
- Boeing (BA) is moving after it regained their delivery lead over Airbus. Boeing reported lower-than-expected cash outflow as it delivered the most aircraft in the first quarter since 2019, continuing its recovery with higher output. The cash burn in the three months was $1.45 billion, less than the $2.61 billion estimated by analysts.
- Alphabet (GOOG) shares are also on the move as its Google Cloud division unveiled the latest generation of its Tensor Processing Unit, or TPU, a homegrown chip that’s designed to make AI computing services faster and more efficient. The new lineup will come in two versions, the company said Wednesday at its Google Cloud Next event.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Shares of GE Vernova (GEV) moved higher in premarket trading after the company reported revenue for the first quarter that beat the average analyst estimate, while also lifting guidance for the rest of the year.
- AT&T Inc. (T) reported revenue and profits in the first quarter that beat analysts’ estimates, as the No. 3 US wireless carrier continued to expand its fiber footprint and sell customers on its convergence strategy of subscribing to multiple products at once. Dallas-based AT&T said revenue rose 2.9% to $31.5 billion, just ahead of Wall Street’ projections of $31.25 billion. Sales were buoyed by growth in wireless phone and home internet service, including accounts from last year’s purchase of the fiber business of Lumen Technologies Inc., which closed in February, the company said in a statement on Wednesday.
- Shares of United Airlines (UAL) rallied in early US trading despite slashing 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. The more cautious outlook puts United broadly in line with peers grappling with the same pressures. Delta Air Lines Inc. decided to not update its full year outlook, citing uncertainty tied to fuel costs and geopolitical tensions, while Alaska Air Group Inc. pulled guidance for 2026 altogether.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- ASM International shares rise as much as 8.2%, hitting a record high, after the Netherlands-based semiconductor equipment company reported first-quarter revenue that beat estimates
- ABB raised its revenue expectations for the year after a jump in orders for its power-grid products related to data centers.
- Reckitt Benckiser reported weaker-than-expected sales on sluggish demand for its cold medicines in the US and as the conflict in the Middle East hit supplies in the region.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Deutsche Telekom is considering a full combination with its American arm T-Mobile US Inc., 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.
- ASM International shares rise as much as 8.2%, hitting a record high, after the Netherlands-based semiconductor equipment company reported first-quarter revenue that beat estimates
- ABB raised its revenue expectations for the year after a jump in orders for its power-grid products related to data centers.

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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.

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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.

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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.

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On this episode of Stock Movers:

- Apple (AAPL) shares drop after the company announced that Tim Cook will be replaced by John Ternus, with Ternus taking the job in September, and the company implying that he will bring continuity and help preserve Cook's legacy.

- UnitedHealth (UNH) shares jump after the company 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.

- 3M (MMM) shares  higher after the company reported adjusted organic growth that fell short of the average analyst estimates. 3M organic sales declined 1.4% in the first quarter, while adjusted sales rose 1.2%, short of the 2% growth anticipated on average in analyst estimates.

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

On this episode of Stock Movers:

- 3M (MMM) is now lower even though it reaffirmed its full-year guidance, betting that rebounding demand for industrial products and office supplies will outweigh one-off charges that squeezed its first-quarter bottom line.

- UnitedHealth Group (UNH) share are rallying after the health insurer boosted its adjusted earnings per share forecast for the full year. Its first quarter profits also beat Wall Street’s expectations.

- Tractor Supply (TSCO) slipped after the rural lifestyle retailer reported comparable sales for the first quarter that missed the average analyst estimate. Management reaffirmed their annual forecasts.

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