Stock Movers

On this episode of Stock Movers:

-  Haliburton (HAL) shares rise. JPMorgan raises its price target on the oilfield services company as it expects limited first-quarter earnings impact from the war compared to peers. Analyst Arun Jayaram notes that while Halliburton peer SLB cut its 1Q EPS guidance due to Middle East disruptions, Halliburton’s Saudi Arabia and North America guidance is maintained

- Meta Platforms (META) shares fall on concerns about AI spending and concerns about a jury verdict that found Meta and Alphabet's Google liable for harming a young user with products designed to be addictive, which may lead to increased government regulations.

-Carnival (CCL) shares are down. Carnival forecasted adjusted earnings per share for the full year of about $2.21. The company also approved a $2.5 billion share buyback.

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

On this episode of Stock Movers:

- Unity Software (U) gains after the company reported preliminary first-quarter earnings. The results showed significant strength in Vector, the company’s AI-driven advertising unit, according to analysts.

- Pernod Ricard shares gain as the market reacted to a potential acquisition of Jack Daniel’s whiskey owner Brown-Forman. A combination could make strategic sense for both businesses, generating synergies and creating the second-biggest player in the US market, analysts say. They also flag the French spirits maker’s stretched balance sheet and the potential hurdles involved in merging two family-run companies.

- Blue Owl Capital (OWL) is boosting its team dedicated to bringing the ultra-wealthy into private markets, betting investors will look past recent jitters to expand in an area where they’ve traditionally had limited exposure. 

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Enagas shares rise as much as 15%, the most in six years, after Spanish regulator CNMC unveiled a draft proposal for gas companies that JPMorgan says is surprisingly positive.
- AstraZeneca shares rise as much as 3.8%, the most in more than six weeks, after the British drugmaker said its experimental drug for chronic obstructive pulmonary disease — a deadly lung condition also known as COPD — helped reduce the worsening of symptoms in two late-stage trials.
- Pernod Ricard shares gain as much as 4.2%, rebounding from Thursday’s losses as the market reacted to a potential acquisition of Jack Daniel’s whiskey owner Brown-Forman

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

On this episode of Stock Movers:

- Meta Platforms (META) and Google Parent Alphabet (GOOG) shares were down today as investors see a long-term overhang related to verdicts in a social media addiction trial. Yesterday, a jury found Meta and Google liable for a 20-year-old woman's mental health struggles, which she said were caused by her addiction to social media, and ordered them to pay damages.

- Shares of haircare brand Olaplex Holdings (OLPX) surged after German consumer brand Henkel announced that it has agreed to buy the company.

- As travelers across the US endure hours-long security lines at airports due to the partial government shutdown, investors are piling into car-rental companies on bets the disruption will push more people onto the road. Hertz Global Holdings Inc. (HTZ) shares rose about 9.2% on Thursday, while Avis Budget Group Inc. (CAR) surged 13% for its biggest one-day gain since June, as chaos at US airports drove optimism that more travelers would rent cars instead. Traffic to Hertz’s website jumped about 15% this week as customers looked for ways around air-travel disruptions. The company has been promoting discounts on last-minute reservations and one-way rentals.

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

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.

- As travelers across the US endure hours-long security lines at airports due to the partial government shutdown, investors are piling into car-rental companies on bets the disruption will push more people onto the road. Hertz Global Holdings Inc. (HTZ) shares rose about 9.2% on Thursday, while Avis Budget Group Inc. (CAR) surged 13% for its biggest one-day gain since June, as chaos at US airports drove optimism that more travelers would rent cars instead. Traffic to Hertz’s website jumped about 15% this week as customers looked for ways around air-travel disruptions. The company has been promoting discounts on last-minute reservations and one-way rentals.

- SanDisk (SNDK) and other memory stocks extended their losses on Thursday after Alphabet Inc.’s Google publicized research on a new algorithm that could allow more efficient use of the storage needed for artificial-intelligence development.

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

On this episode of Stock Movers:

- Meta Platforms (META) sees a drop of over 8% after a jury found the company (along with Google) liable for a 20-year-old woman's mental health struggles, which she said were caused by her addiction to social media, and ordered them to pay damages.

- Valero Energy (VLO) is up over 5.7% after the announcement that their refinery in Port Arthur, Texas will attempt to introduce steam tomorrow to some units after a fire in a unit on Monday.

- Brown-Forman (BF/B) sees a 2% jump after a report that French beverage company, Pernod Ricard SA, is exploring a potential acquisition of the Kentucky-based owner of Jack Daniel’s whiskey, as alcoholic drink companies look at ways to consolidate amid an industry downturn.

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On this episode of Stock Movers:

-Venture Global (VG) shares rose as attacks in the Middle East continued and US President Donald Trump warned Iran to get serious about discussions “before it is too late.”

-Sandisk (SNDK) shares fell. Shares of memory and storage companies sank on Wednesday after Google researchers touted a new compression technique for large language models and vector search engines.

-JBS (JBS) shares rise. The company reported EPS below estimates and sales above estimates. JBS also sees 2026 Brazil beef results in line with 2025.

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

On this episode of Stock Movers:

- Corebridge Financial and Equitable Holdings to combine in an all-stock merger, valuing the combined company at approximately $22 billion.

- Meta Platforms Inc. and Alphabet Inc.’s Google must pay damages to a 20-year-old woman who said her addiction to social media caused her mental health struggles, a jury concluded in a landmark decision that could signal hefty risks for the companies as they fight thousands of similar claims.

- Pony AI Inc. delivered its first profitable quarter ever, bolstered by a windfall from an early investment, rather than its main robotaxi business.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Swedish fast-fashion retailer Hennes & Mauritz AB’s first-quarter sales fell short of expectations in a period plagued by weak consumption and large currency effects.
- Pony AI (PONY) delivered its first profitable quarter ever, bolstered by a windfall from an early investment, rather than its main robotaxi business.
- Henkel AG has agreed buy Olaplex Holdings, the hair-care brand that developed a cult following for its shampoos and other treatments, in a $1.4 billion deal.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Boliden drops as much as 15%, the most since July 2023, after providing an update on the abnormally high seismic activity that has impacted production at its key Garpenberg mine.
- Next said the conflict in the Middle East will add £15 million ($20 million) of costs and warned it will raise prices if the war persists, taking some of the shine off another upward nudge to the UK retailer’s profit guidance.
- European companies with exposure to private credit may be in focus after Jefferies’ results missed Wall Street estimates, dragged down by losses on wayward credit bets. Watch European companies including AXA, Allianz, Aviva, Legal & General, Prudential, Aegon and NN Group.

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