Stock Movers

On this episode of Stock Movers:

- Expedia (EXPE) gains and Instacart rises. Jefferies upgraded both to buy, saying a pullback in internet stocks on concerns about artificial intelligence disruptions has created buying opportunities.

- Sysco (SYY) falls after the US food distributor agreed to buy privately held Jetro Restaurant Depot LLC for $29.1 billion including debt.

- Viridian Therapeutics (VRDN) tumbles 40% after announcing topline results from a clinical trial in active thyroid eye disease.

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

On this episode of Stock Movers:

- US-listed aluminum stocks gain in premarket trading after a rally in the metal price following Iran’s attacks on Middle Eastern aluminum facilities.
 
- US food distributor Sysco plans to raise about $21 billion of debt to help fund its acquisition of closely held Jetro Restaurant Depot, according to a statement on Monday.

- BFF Bank SpA’s stock plummeted as much as 61%, the most on record, after the Italian lender disclosed that a regulatory review raised fresh questions about how it labels loans as performing.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Sysco (SYY), a large US food distributor, agreed to buy privately held Jetro Restaurant Depot LLC for $29.1 billion including debt. Under the terms of the acquisition, Jetro Restaurant Depot shareholders will receive $21.6 billion in cash and 91.5 million Sysco shares, the two companies said on Monday. The deal represents a multiple of more than 14 times Jetro Restaurant Depot’s operating income.
- US-listed aluminum stocks gain in premarket trading after a rally in the metal price following Iran’s attacks on Middle Eastern aluminum facilities.
- The magnificent seven cohort of US tech stocks rebound in Monday’s premarket trading, after the group suffered its worst one-week selloff in almost a year.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- European mining shares are the best-performers on the Stoxx 600 benchmark after weekend strikes by Iran on aluminum plants in the UAE and Bahrain threaten to send a fragile market into crisis, raising the prospect of record prices for the metal.
- Sodexo rises as much as 4.4% following an upgrade to buy at Jefferies, which says the contract caterer’s upcoming results and CMD provide an opportunity to reset investor expectations, before building momentum.
- BFF Bank’s stock slumped as much as 61%, the most on record, after it disclosed that a review identified more issues in how it classifies loans as performing.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- European mining shares are the best-performers on the Stoxx 600 benchmark after weekend strikes by Iran on aluminum plants in the UAE and Bahrain threaten to send a fragile market into crisis, raising the prospect of record prices for the metal.
- Sodexo rises as much as 4.4% following an upgrade to buy at Jefferies, which says the contract caterer’s upcoming results and CMD provide an opportunity to reset investor expectations, before building momentum.
- Boohoo Group shares gain as much as 6.7% after the online fashion retailer said it comfortably beat its earnings guidance in FY26 and said it aims to grow them by a double-digit percentage in FY27.

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Earnings are still in focus with Nike, Beyond Meat, and RH all reporting in the coming days.
Bloomberg's Nathan Hager previews the numbers with Alexandra Semenova, Bloomberg Equities Reporter.

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On this episode of Stock Movers:

- Shares of Jack Daniel’s whiskey maker Brown-Forman (BF/B) soared as much as 21% on Thursday, a record intraday climb, following a Bloomberg report that French beverages company Pernod Ricard is seeking to buy the company. Wall Street notes that the Brown family has the majority of voting control and has rebuffed previous attempts to sell, but persistent industry weakness could make a deal more likely.

- Entergy (ETR) was the best performing stock in the S&P 500 Friday, jumping 8%. The gains came after Meta struck a deal with Entergy Louisiana, through which it will pay for new energy infrastructure to support a forthcoming data center in the region. The $27 billion facility, currently under construction, is set to be Meta's largest data center ever.

- Estee Lauder (EL) shares drop on news that the company is in talks to buy Puig Brands SA, which would create a cosmetics giant with about $20 billion in annual sales.

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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 David Gura, Katie Greifeld, Isabelle Lee and Tim Stenovec.

- Entergy (ETR) was the best performing stock in the S&P 500 Friday, jumping 8%. The gains came after Meta struck a deal with Entergy Louisiana, through which it will pay for new energy infrastructure to support a forthcoming data center in the region. The $27 billion facility, currently under construction, is set to be Meta's largest data center ever.

- Shares of Jack Daniel’s whiskey maker Brown-Forman (BF/B) soared as much as 21% on Thursday, a record intraday climb, following a Bloomberg report that French beverages company Pernod Ricard is seeking to buy the company. Wall Street notes that the Brown family has the majority of voting control and has rebuffed previous attempts to sell, but persistent industry weakness could make a deal more likely.

- Coinbase Global (COIN) shares fell over 3% in Friday’s premarket session, following a 4.26% decline during Thursday’s trading. The total crypto market cap dropped 3.2% to $2.3 trillion on Friday, with Bitcoin trading down 2.27% over the last 24 hours to $68,231.67.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

- Shares of Jack Daniel’s whiskey maker Brown-Forman (BF/B) soared as much as 21% on Thursday, a record intraday climb, following a Bloomberg report that French beverages company Pernod Ricard is seeking to buy the company. Wall Street notes that the Brown family has the majority of voting control and has rebuffed previous attempts to sell, but persistent industry weakness could make a deal more likely.

- Cybersecurity stocks tumbled Friday morning on the news of a new Anthropic model, with shares of CrowdStrike (CRWD), Palo Alto Networks (PANW) and other cybersecurity stocks among the worst performers in the S&P 500 index.

- Carnival shares fall as much as 4.7% after the cruise operator reduced its adjusted earnings per share, Ebitda and net income forecasts for the full year, with each metric missing consensus estimates. Peers Norwegian Cruise (-4.3%), Royal Caribbean (-3.0%) and Viking (-2.1%) also decline.

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On this episode of Stock Movers:

- CrowdStrike (CRWD) shares fall. Cybersecurity stocks slump in premarket trading on Friday after a Fortune report said Anthropic is testing a new AI model that “poses significant cybersecurity risks.” Security stocks — along with software names more broadly — have been pressured by concerns that tools from AI companies like Anthropic or OpenAI could reduce demand for products from legacy providers, weighing on their growth, margins, and pricing power.

- Carnival (CCL) shares fall. Carnival cut its full-year profit outlook as surging crude prices are driving up fuel costs. Oil prices have climbed to their highest levels since 2022, with both West Texas Intermediate and Brent crude up more than 60% this year as the war in the Middle East has led to strikes on energy assets and a near halt of shipments through the Strait of Hormuz.

- Entergy (ETR) shares rise. Meta Platforms said it reached a new agreement with Entergy to build and pay for enough gas plants to provide a total of 5.2 gigawatts of electricity to a data center it’s developing in rural Louisiana, the utility’s local subsidiary.

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