Stock Movers

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, Katie Greifeld, Carol Massar and Tim Stenovec.

- SBA Communications (SBAC) shares jump as much as 18%, most intraday since 2008, after Bloomberg reports the tower operator is exploring options, including a potential sale, after receiving preliminary takeover interest.

- Shares of Blue Owl Capital (OWL) are moving lower after Blue Owl Credit Income Corp. disclosed a letter sent to its shareholders announcing redemptions in two of its private credit funds will be limited. Blue Owl said it will cap redemptions in its private-credit and technology-focused funds at 5% after receiving withdrawal requests totaling 21.9% in the former and 40.7% in the latter fund. Shares of Blue Owl Capital are down 7%, or 59c, to $8.13 in morning trading

- Tesla (TSLA) shares fell as much as 4.6% after the markets opened in New York, the biggest intraday drop in almost two months. The stock declined 15% this year through Wednesday’s close and has fallen 22% from a record high in December after the company posted one of its worst sales quarters in years, missing Wall Street’s expectations, as the carmaker struggles to turn around its core business and navigate an increasingly challenged electric-vehicle market

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

On this episode of Stock Movers:

- Shares of Blue Owl Capital (OWL) are moving lower after Blue Owl Credit Income Corp. disclosed a letter sent to its shareholders announcing redemptions in two of its private credit funds will be limited. Blue Owl said it will cap redemptions in its private-credit and technology-focused funds at 5% after receiving withdrawal requests totaling 21.9% in the former and 40.7% in the latter fund. Shares of Blue Owl Capital are down 7%, or 59c, to $8.13 in morning trading.

- Globalstar (GSAT) shares rose in pre-market trading after a Financial Times report that Amazon.com Inc. is in talks to acquire the satellite provider. The deal would bolster Amazon’s effort to build its own satellite operation, the newspaper reported, citing unidentified people with knowledge of the discussions. The two sides remain in negotiations over some of the transaction’s complexity, the newspaper said.

- Tesla (TSLA) shares fell as much as 4.6% after the markets opened in New York, the biggest intraday drop in almost two months. The stock declined 15% this year through Wednesday’s close and has fallen 22% from a record high in December after the company posted one of its worst sales quarters in years, missing Wall Street’s expectations, as the carmaker struggles to turn around its core business and navigate an increasingly challenged electric-vehicle market.

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On this episode of Stock Movers:

- Penguin Solutions (PENG) shares rise. The company revised FY 2026 EPS and FY 2026 sales higher. Trading in the company's put options was triple the average. Trading volume was 14 times the average for this time of day.

- United Airlines (UAL) shares fall. TD Cowen analyst Thomas Fitzgerald cut the target on United Airlines Holdings Inc. to $120 from $140. Maintains buy rating. Airline stocks were falling amid renewed worries about rising fuel costs, and how that could eventually hurt travel demand.

- Blue Owl (OWL) shares slump. Blue Owl Capital said it will limit redemptions from two of its private credit funds after facing a surge in withdrawal requests.
The company’s peers Blackstone Inc., Apollo Global Management Inc., KKR & Co Inc., Ares Management Corp. all fell by around 3%. 

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

- Blue Owl (OWL) shares slump. Blue Owl Capital said it will limit redemptions from two of its private credit funds after facing a surge in withdrawal requests.
The company’s peers Blackstone Inc., Apollo Global Management Inc., KKR & Co Inc., Ares Management Corp. all fell by around 3%. 

- Tesla (TSLA) shares fall. Tesla Inc. posted one of its worst sales quarters in years, missing Wall Street’s expectations, as the carmaker struggles to turn around its core business and navigate an increasingly challenged electric-vehicle market.

- Chevron (CVX) shares are up. Shares in energy companies are rebounding after US President Donald Trump dashed the hopes that the war in Iran is nearing a swift resolution. Meanwhile, travel, mining, semiconductor and crypto stocks are falling as the conflict and higher energy prices weigh on investor sentiment.  

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

On this episode of Stock Movers:

- General Motors’ (GM) first-quarter sales fell by 9.7%, with its Cadillac Escalade and Chevrolet Suburban large SUVs tumbling by double digits. Sales in March were down 17%, the company said. 

- Globalstar (GSAT) shares rose in pre-market trading after a Financial Times report that Amazon.com Inc. is in talks to acquire the satellite provider. 

- Shares in airlines and cruise operators are slipping as the prospects of higher fuel prices weigh on sentiment

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Microsoft (MSFT) is in exclusive talks with Chevron (CVX) and investment fund Engine No. 1 over a long-term deal that would underpin a giant power plant in West Texas, providing electricity to a large data center campus. The proposed natural-gas fired power plant is projected to cost about $7 billion and initially generate 2,500 megawatts of electricity, making it one of the largest of its kind in the US, according to people familiar with the matter, who asked not to be identified because the talks are ongoing.
- TD Cowen analyst Thomas Fitzgerald cut the target on United Airlines Holdings (UAL) to $120 from $140. Maintains buy rating.
- Magnificent Seven stocks are falling, weighing on US stock futures, as President Donald Trump dashed hopes that war in the Middle East is nearing a swift resolution.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Stocks and bonds fell as oil surged anew after President Donald Trump pledged more aggressive action against Iran.
- Morgan Stanley cuts price targets for a number of airlines and downgrades Lufthansa to equal-weight on risk that fuel costs could prove materially higher-for-longer due to the conflict in the Middle East.
- Travel, mining and semiconductor stocks are falling as the conflict and higher energy prices weigh on investor sentiment. Fresnillo shares drop as much as 6.4%

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Stocks and bonds fell as oil surged anew after President Donald Trump pledged more aggressive action against Iran.
- Morgan Stanley cuts price targets for a number of airlines and downgrades Lufthansa to equal-weight on risk that fuel costs could prove materially higher-for-longer due to the conflict in the Middle East.
- One of Europe’s biggest airline groups kicked off the race for TAP SA, with Air France-KLM submitting the first known bid for a stake in the Portuguese flag carrier.

See omnystudio.com/listener for privacy information.

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

On this episode of Stock Movers:

- Nike (NKE) shares slide as much as 14%, to the lowest level since Feb. 2015, after the sportswear company forecast a revenue drop of as much as 4% for the fourth quarter, and warned sales declines could persist for the rest of this calendar year.
- Intel (INTC) shares are up 9.8% on Wednesday, after the chipmaker agreed to pay $14.2 billion to buy back half of a plant in Ireland. D.A. Davidson wrote that the move bodes well for the company’s turnaround story.

- Shares of Eli Lilly (LLY) jump as much as 4.5% after the FDA approved the drugmaker’s obesity pill, Foundayo, under the agency’s National Priority Voucher pilot program. US-traded shares of rival Novo Nordisk fell as much as 2.6% after the approval

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

- Intel (INTC) shares are up 9.8% on Wednesday, after the chipmaker agreed to pay $14.2 billion to buy back half of a plant in Ireland. D.A. Davidson wrote that the move bodes well for the company’s turnaround story.
- Target Hospitality (TH) shares rise as much as 43%, the most intraday since April 2021, after the provider of workforce lodging and hospitality services secured a multi-year contract worth over $550 million to construct and provide comprehensive facility and hospitality services for a top-five hyperscaler’s data center development in North Texas.

- Nike (NKE) shares slide as much as 14%, to the lowest level since Feb. 2015, after the sportswear company forecast a revenue drop of as much as 4% for the fourth quarter, and warned sales declines could persist for the rest of this calendar year

See omnystudio.com/listener for privacy information.