Stock Movers

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

On this episode of Stock Movers:

- Viking Therapeutics (VKTX) shares surged after its dual-action obesity shot helped patients lose weight and keep it off, even after they cut their dosing schedule in a small, exploratory study. 

- On Holding (ONON) shares jump after the Swiss sneaker maker provided its three-year financial plan ahead of its Investor Day in Zurich, Switzerland. Management also declared a buyback plan of up to $1 billion of its Class A shares through the end of 2029. It reaffirmed its annual outlook and projected 3Q sales growth up ~17% in constant currency (CC) vs mid-to-high-teens prior.

- Quest Diagnostics (DGX) shares fall most intraday since 2022, after the Centers for Medicare & Medicaid Services (CMS) released new preliminary medicare payment rates for lab services.

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On this episode of Stock Movers:

- Alibaba (BABA) shares are higher this morning after the company rolled out what it calls China’s most powerful AI chip and announced plans to expand data center capacity in the coming years.

- ON Holdings (ONON) is getting a boost as it expects sales growth in the high teens over the next few years as it moves into sports including golf and football.

- Viking Therapeutics (VKTX) shares surged after the biotech released data from its VK2735-102 maintenance study showing VK2735, its experimental obesity drug, maintained up to 97% of weight loss versus 61% for placebo when subjects switched to every-other-week dosing. Leerink analysts said the “stellar” data strengthens the drug’s competitive profile.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Alibaba (BABA) shares are higher this morning after the company rolled out what it calls China’s most powerful AI chip and announced plans to expand data center capacity in the coming years.
- ON Holdings (ONON) is getting a boost as it expects sales growth in the high teens over the next few years as it moves into sports including golf and football.
- Quest Diagnostics (DGX) is sliding after the Centers for Medicare & Medicaid Services (CMS) released new preliminary medicare payment rates for lab services.
- GameStop (GME) is rising after CEO Ryan Cohen reported an insider stock transaction to the US Securities and Exchange Commission.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Kingfisher shares rise as much as 11%, the most in a year, after the B&Q and Screwfix owner posted a first-half earnings beat and lifted its full-year profit guidance beyond analyst expectations.
- Roche Holding’s experimental obesity shot enicepatide cut both blood sugar and body weight in type-2 diabetes patients who were overweight or obese in a mid-stage trial.
- Ericsson slips as much as 3.9%, the most since mid July, after Morgan Stanley downgrades the Swedish mobile networks and technology group to underweight from equal-weight, saying margins are “inflecting to the downside.”

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Kingfisher boosted its forecast for adjusted pretax profit for the full year; the guidance beat the average analyst estimate.
- Analyst Julian Radlinger cut the recommendation on Buzzi to sell from neutral.
- UBS shares fall as much as 4.1% to the lowest since July 1 after CEO Sergio Ermotti says year-on-year transactions in wealth management and the investment banking fee pool are likely down in 3Q.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- A rally in Asian AI stocks following signs of success for Meta's personal agent cooled in the afternoon
- Tencent launched its latest and best image-generation model on the same day as rival Alibaba Group Holding Ltd. kicked off its AI conference, signaling intent to catch up to industry leaders like ByteDance Ltd.
- Citi expects continued volatility in September for Chinese property stocks as the market has partially priced in risks from the completed-home sales policy, including a smaller new home market & earnings/ROE pressure from a longer cash cycle.

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

On this episode of Stock Movers:

- Vicor (VICR) shares jumped 13% in postmarket trading Monday after the firm raised its third-quarter revenue growth guidance to over 20% q/q from nearly 10%, citing royalties from non-exclusive license to Vertical Power Delivery.

- AMD (AMD) shares rallied along with other semiconductor stocks on Monday as early signs of success for Meta's new artificial intelligence agent sparked a wave of enthusiasm around demand for the chips needed to power such agents.

- Warner Bros. Discovery (WBD) shares rallied after Paramount Skydance settled lawsuits brought by 12 state attorneys general and the Writers Guild trade union, a move that will allow the company to close its historic $110 billion acquisition of Warner Bros. Shares of Paramount and Warner Bros. both jumped on Monday after Bloomberg News first reported that a settlement had been reached, with Warner now trading very close to the $31-a-share acquisition price.

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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, Bailey Lipschultz, Carol Massar and Tim Stenovec.

- Paramount-Skydance (PSKY) has settled lawsuits brought by 12 state attorneys general and the Writers Guild trade union, a move that will allow the company to close its historic $110 billion acquisition of Warner Bros. Discovery Inc. Shares of Paramount and Warner Bros. both jumped on Monday after Bloomberg News first reported that a settlement had been reached, with Warner now trading very close to the $31-a-share acquisition price. 

- Shares of chip-related companies like Intel (INTC) and AMD (AMD) soared Monday as early signs of success for Meta Platforms' new artificial intelligence agent sparked a wave of enthusiasm around demand for the chips needed to power such agents. Shares of Advanced Micro Devices (AMD) jumped 10% to close above $1 trillion in market value for the first time. Intel gained 12%, Arm (ARM) climbed 17% and the Philadelphia Semiconductor Index rallied 4.3% to notch its fifth straight session of gains.

- UPS (UPS) shares were lower in trading today after Bank of America analyst Ken Hoexter lowered his price target on the stock, as well as his 2026 and third-quarter revenue estimates for the company. He also cut his 2026 earnings per share estimates.

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

On this episode of Stock Movers:

• Accenture (ACN) shares are up after Anthropic partnered with the technology consulting company to test the safety of its advanced artificial intelligence models. While analysts are positive on the news, they don’t see much near-term impact to financials. 
• Warner Bros. Discovery (WBD) shares rallied after Paramount Skydance settled lawsuits brought by 12 state attorneys general and the Writers Guild trade union, a move that will allow the company to close its historic $110 billion acquisition of Warner Bros. Shares of Paramount and Warner Bros. both jumped on Monday after Bloomberg News first reported that a settlement had been reached, with Warner now trading very close to the $31-a-share acquisition price. 
• Critical Metals (CRML) shares rose as much as 43%, the most since April, after President Donald Trump said the he reached an agreement with Denmark over Greenland that would give the US “permanent control over security” of the Arctic island and that this deal addressed US concerns over the territory.

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

On this episode of Stock Movers:

• Paramount (PSKY) has reached a settlement with California and other states suing to block its proposed acquisition of Warner Bros., according to a person familiar with the matter. Settlement talks came to fruition over the weekend after four states that had opposed terms of a deal outlined with California conceded, said the person. The settlement, which is expected to be announced later today, paves the way for one of the largest mergers in Hollywood history.
• Accenture (ACN) shares are up after Anthropic partnered with the technology consulting company to test the safety of its advanced artificial intelligence models. While analysts are positive on the news, they don’t see much near-term impact to financials.
• HP (HPQ) shares are down after the technology hardware company said its preliminary planning assumption is that industry-wide personal computer unit volumes will decline roughly mid-single-digits in percentage terms in 2027.

See omnystudio.com/listener for privacy information.