Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Saudi Aramco’s chief executive officer warned the impact on global oil markets will be “catastrophic” the longer the disruption from the Iran war drags on.
- The two European airlines that stand out as being best-protected from the turmoil in the Middle East and its impact on fuel costs are Ryanair and IAG, according to Bernstein analysts.
- Persimmon surged the most in almost six years after the company reported earnings that reassured investors it is navigating a soft UK housing market better than many of its rivals.

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

On this episode of Stock Movers:

- Vail Resorts (MTN) slid in postmarket trading Monday after the mountain resorts and hotels operator reported revenue for the second quarter that missed the average estimate. The company also cut its net income guidance for the full year.

- US airlines like United Airlines (UAL) and Southwest (LUV) quickly turned positive after President Donald Trump told CBS that the war in Iran could be over soon. Oil erased gains in after-settlement trading. Airlines were among several sectors that have been suffering losses amid the conflict in Iran.

- Hims & Hers (HIMS) surged after Novo Nordisk A/S was said to have ended its public feud with the company with an agreement to sell its weight-loss drugs on the Hims platform. Novo and Hims plan to announce a new partnership as soon as Monday, according to a person familiar with the matter, who spoke on the condition of anonymity. The two companies had a similar agreement last year, but Novo abruptly scrapped it after Hims refused to stop marketing and selling copycat medications.

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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 Griefeld, Carol Massar and Norah Mulinda

- Hims & Hers (HIMS) shares rallyed Monday after Novo said it had agreed to sell its Ozempic and Wegovy injectables, as well as an oral version of Wegovy, through Hims' online pharmacy. Hims surged 38% to $21.75, putting the stock on track for its largest single-day percentage increase on record, according to Dow Jones Market Data. Novo's U.S.-listed shares advanced 1.9% against a 0.6% decline for the benchmark S&P 500.

- Uber (UBER) and DoorDash (DASH) shares sank today after oil prices continued to rise due to the conflicts in the Middle East.

- Warner Bros. Discovery (WBD) is the target of a $110 billion acquisition by Paramount Skydance (PSKY) in which Tencent plans to invest several hundred million dollars as a passive financial backer, Bloomberg News reported Monday, citing unnamed people familiar with the situation. Wells Fargo set Paramount Skydance's ratings at underweight, with a price target of $10. Shares of Paramount Skydance dropped 8%, with intraday trading volume at over 7.8 million versus a daily average of roughly 10.6 million.

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

On this episode of Stock Movers:

- Uber (UBER) and DoorDash (DASH) shares sank today after oil prices continued to rise due to the conflicts in the Middle East.

- Hims & Hers Health (HIMS) surged after Bloomberg News reported that Novo Nordisk A/S (NOVOB DC) plans to sell its weight-loss drugs on the telehealth company’s platform, ending a public feud between the two companies.

- Live Nation (LYV) stocks climbed after the company and its Ticketmaster subsidiary reached a settlement with federal antitrust authorities.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

- Him & Hers (HIMS) shares surge after Novo Nordisk was said to have ended its public feud with the company with an agreement to sell its weight-loss drugs on the Hims platform. Novo and Hims plan to announce a new partnership as soon as Monday, according to a person familiar with the matter, who spoke on the condition of anonymity.

- Live Nation Entertainment (LYV) shares rise. Live Nation Entertainment Inc. and its Ticketmaster subsidiary have reached a settlement with federal antitrust authorities, according to the Justice Department. The agreement was announced with no details provided, but it would reportedly open parts of Live Nation's ticketing arm to third-party sellers and make it easier for other promoters to put on shows at amphitheaters that Live Nation controls.

- Brown-Forman (BF/B) shares fall after Bernstein analyst Nadine Sarwat cut her recommendation on the alcohol beverage company to market perform from outperform. “This rating change isn’t about the structural vs. cyclical debate in US alcohol or the risk of price wars (from the US ‘whiskey glut’ or competitors) — our views on this remain unchanged,” Sarwat writes.

On this episode of Stock Movers:

- Him & Hers (HIMS) shares surge after Novo Nordisk was said to have ended its public feud with the company with an agreement to sell its weight-loss drugs on the Hims platform. Novo and Hims plan to announce a new partnership as soon as Monday, according to a person familiar with the matter, who spoke on the condition of anonymity.

- Live Nation Entertainment (LYV) shares rise. Live Nation Entertainment Inc. and its Ticketmaster subsidiary have reached a settlement with federal antitrust authorities, according to the Justice Department. The agreement was announced with no details provided, but it would reportedly open parts of Live Nation's ticketing arm to third-party sellers and make it easier for other promoters to put on shows at amphitheaters that Live Nation controls.

- Brown-Forman (BF/B) shares fall after Bernstein analyst Nadine Sarwat cut her recommendation on the alcohol beverage company to market perform from outperform. “This rating change isn’t about the structural vs. cyclical debate in US alcohol or the risk of price wars (from the US ‘whiskey glut’ or competitors) — our views on this remain unchanged,” Sarwat writes.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

- Chevron (CVX) shares rise. Ultrapar is in advanced talks with Chevron Corp. to sell a 30% stake in Ipiranga, Brazil Journal reports citing two sources familiar with the matter. An agreement on price has already been reached and the parties are now in the governance discussion phase, Brazil Journal reports citing the sources.

- Delta (DAL) shares drop. Airlines are among the biggest decliners in the US stock market as travel, auto, retail and restaurant shares slide during Monday’s spike in oil.
 
- Him & Hers (HIMS) shares surge after Novo Nordisk was said to have ended its public feud with the company with an agreement to sell its weight-loss drugs on the Hims platform. Novo and Hims plan to announce a new partnership as soon as Monday, according to a person familiar with the matter, who spoke on the condition of anonymity.

See omnystudio.com/listener for privacy information.

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

On this episode of Stock Movers:

- Hims & Hers Health (HIMS) surged after Novo Nordisk A/S was said to have ended its public feud with the company with an agreement to sell its weight-loss drugs on the Hims platform.

- Live Nation Entertainment (LYV) shares rise after Politico reported that the company reached a settlement with the Department of Justice in its antitrust case and will pay $200 million in damages to participating states.

- Aureus Greenway Holdings (AGH) says AGH and Autonomous Power entered into a definitive agreement to merge into an entity that focuses on drone industry and autonomous systems innovation.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Hims & Hers Health (HIMS) shares soar after Bloomberg News reported that Novo Nordisk plans to sell its weight-loss drugs on the telehealth company’s platform, ending a public feud.
- Live Nation Entertainment (LYV) shares rise after Politico reported that the company reached a settlement with the Department of Justice in its antitrust case and will pay $200 million in damages to participating states.
- Vertiv Holdings, Lumentum Holdings, Coherent and EchoStar (SATS) are set to join the S&P 500, according to a statement from S&P Dow Jones Indices.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Oil majors like BP are moving as brent crude smashed through $100 a barrel as more major Middle East producers cut output.
- IAG's among the airlines watched in Europe this morning as the Iran war continues.
- JPMorgan reverses its previously positive view on Anglo American and other EMEA mining and steel companies to reflect the impact of the conflict in the Middle East, issuing a swathe of downgrades mainly concentrated on copper and steel stocks.

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Big Tech earnings are still in focus with Oracle, Adobe, and Kohl's all reporting in the coming days.
Bloomberg's Nathan Hager previews the numbers with Matthew Griffin, Bloomberg Equities Reporter.

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