Stock Movers

On this episode of Stock Movers:
- Target (TGT) forecast better-than-expected profit for the full year, indicating the big-box retailer’s turnaround plans are generating results.Adjusted earnings per share are projected in a range of $7.50 to $8.50 in the current fiscal year, the company said in a statement on Tuesday. The midpoint is above the average of estimates compiled by Bloomberg.
- Fitch Ratings downgraded Paramount Skydance’s (PSKY) corporate and long-term borrower ratings to junk following the media company’s agreement to buy larger rival Warner Bros. Discovery Inc., a deal that will saddle the combined business with $79 billion in net debt.
- Credo Technology (CRDO) shares drop after the communications equipment company reported revenue for the third quarter that matched its preliminary results announced in February.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Maersk is upgraded to neutral from underperform at Bank of America. The escalation in the Middle East crisis has pushed back a re-opening of the Red Sea, meaning shipping rates will remain elevated. The shares gain as much as 5.9%, the most since Jan. 12, amid a sector-wide advance.
- Beiersdorf shares fall as much as 13%, the most since August, after the German owner of the Nivea brand posted disappointing guidance for the year that is likely to lead to consensus cuts, according to Citi.
- European airline stocks slump as conflict in the Middle East causes major disruptions at some of the world’s busiest airports. Analysts warn that higher fuel costs and airspace closures will weigh on the sector.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:

• MongoDB (MDB) shares are down 20% in extended trading, after the database software company gave a full-year revenue forecast that is weaker than expected. It also gave an outlook for adjusted first-quarter earnings that is below the analyst consensus.
• Defense contractors rallied. L3Harris Technologies added 2%, Lockheed Martin advanced 3.3%, Northrop Grumman gained 4.8%, and RTX rose 4.7%.
• Palantir Technologies (PLTR) advanced 5.8%. The data-analytics giant counts the U.S. government among its biggest customers and maintains a relationship with Israeli security agencies.MongoDB (MDB) shares are down 20% in extended trading, after the database software company gave a full-year revenue forecast that is weaker than expected. It also gave an outlook for adjusted first-quarter earnings that is below the analyst consensus.

See omnystudio.com/listener for privacy information.

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 Tim Stenovec

- Norwegian Cruise (NCLH)shares plunge as much as 12%, the most intraday in nearly four months, after the cruise operator’s adjusted earnings per share forecast for the first quarter fell short of the average analyst estimate. The disappointing outlook comes as activist investor Elliott Investment Management built a stake of more than 10% in the cruise line, criticizing management decisions and spending.
- Palantir Technologies (PLTR) stock was jumping in premarket trading on Monday, as the ongoing U.S.-Iran military conflict renewed investor appetite for defense-linked artificial intelligence companies.

- Nvidia (NVDA) agreed to invest in two companies that develop data center optics essential for artificial intelligence. Nvidia will invest in Lumentum Holdings Inc. and Coherent Corp. in multiyear deals that include purchase agreements and access rights for advanced laser components.

See omnystudio.com/listener for privacy information.

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

On this episode of Stock Movers:

• Berkshire Hathaway (BRK/A) shares are down as much as 4.4%, leading losses among a gauge of financial stocks, after the conglomerate’s operating profits fell nearly 30% in Warren Buffett’s last quarter as CEO. Analysts note weakness in the company’s insurance businesses.
• Norwegian Cruise (NCLH)shares plunge as much as 12%, the most intraday in nearly four months, after the cruise operator’s adjusted earnings per share forecast for the first quarter fell short of the average analyst estimate. The disappointing outlook comes as activist investor Elliott Investment Management built a stake of more than 10% in the cruise line, criticizing management decisions and spending.
• Venture Global (VG) shares rise 17% as the company benefits from a surge in gas prices after the latest conflict led Qatar to shut down production at the world’s largest liquefied natural gas export facility. Venture Global also forecast a 2026 Ebitda guidance that missed the average analyst estimate

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

- Lockeed Martin (LMT) shares rise. US energy and defense stocks jump as the eruption of war in the Middle East roils global markets following US and Israeli attacks on Iran. Defense stocks have rallied over the past year as global tensions ratcheted higher, and new conflict in the Middle East gives traders another reason to invest in the sector.

- Occidental Petroleum (OXY) shares rise. Shares of energy companies jumped Monday in trading as the conflict in the Middle East widened following the U.S. and Israel's strikes on Iran, pushing up oil prices.

- Norwegian Cruise Lines (NCLH) shares fall after the company said it expects full-year net yields to be little changed due to execution missteps in its commercial and deployment strategy. The company forecast earnings of $2.38 a share, less than the average analyst estimate of $2.59 a share.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

- Lockeed Martin (LMT) shares rise. US energy and defense stocks jump as the eruption of war in the Middle East roils global markets following US and Israeli attacks on Iran. Defense stocks have rallied over the past year as global tensions ratcheted higher, and new conflict in the Middle East gives traders another reason to invest in the sector.

- American Airlines (AAL) shares drop. Shares of airlines, cruise operators and hoteliers fell on Monday as investors reacted to conflict in the Middle East. The conflict may stoke inflation, with traders grappling with the risk and its potential impact on various sectors.

- Nvidia (NVDA) shares gain after news the company agreed to invest $4 billion in two companies that develop data center optics that are essential for artificial intelligence systems. Nvidia will invest $2 billion apiece in Lumentum Holdings Inc. and Coherent Corp. in multi-year deals, it said in separate statements on Monday. 

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

- Palantir Technologies (PLTR) is being upgraded to buy from neutral at UBS, the latest firm to turn more positive on the software company in the wake of its results. Stock up 0.3% in extended trading.

- Nvidia (NVDA) agreed to invest $4 billion in two companies that develop data center optics that are essential for artificial intelligence systems. Nvidia will invest $2 billion apiece in Lumentum Holdings Inc. and Coherent Corp. in multi-year deals, it said in separate statements on Monday. Both deals include purchase agreements and access rights for advanced laser components. The money will go to support research and development.

See omnystudio.com/listener for privacy information.

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

On this episode of Stock Movers: 

- US energy and defense stocks jump in premarket trading while airline shares fall, as the eruption of war in the Middle East roils global markets following US and Israeli attacks on Iran.

- Major energy companies saw strong gains across Asia and Europe Among US premarket gainers: Exxon Mobil +5.4%, Chevron +4.1%, APA +7.9%, Occidental Petroleum +6.6%, EQT +4.5% 

- Defense stocks have rallied over the past year as global tensions ratcheted higher, and new conflict in the Middle East gives traders another reason to invest in the sector 

- The increase in oil prices can raise fuel costs and squeeze margins for airlines, while the conflict also upends global travel

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Shell rose as much as 5.2%,the most in three years. That's as oil surged the most in four years as traders gauged the impact of the effective closure of the Strait of Hormuz triggered by US and Israeli strikes against Iran.
- Global equities opened the week in risk-off mode following US and Israeli strikes on Iran. Defence contractor BAE Systems led gains in its sector jumping as much as 5.7%.
- IAG shares fall as much as 13% in their steepest decline since November 2021. That's as travel chaos extended through the Middle East and beyond amidst the conflict.

See omnystudio.com/listener for privacy information.