Stock Movers

On this episode of Stock Movers:
- Schroders shares gain as much as 7.8%, hitting their highest level since August 2023, after the asset management group said annual adjusted operating profit will come in ahead of expectations. Citi said the beat is strong and should reassure investors.
- ASML shares soared to a record high, sending its market value beyond $500 billion, after Asian peer Taiwan Semiconductor Manufacturing Co. gave a stronger-than-anticipated outlook for 2026. The Dutch semiconductor equipment maker rose as much as 7.6%, extending its year-to-date gain to 25%.
- Wizz Air’s chief executive officer raised the budget carrier’s growth projection for this fiscal year after cutting it two months ago, saying the company is adding Airbus jets and returning grounded planes to the skies. Shares rose as much as 3.4% in Thursday morning trading in London after four days of declines.

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On this episode of Stock Movers:
- Richemont sales jumped to a record in the final months of last year as holiday shoppers splurged on its watches and Cartier jewelry, led by demand in the US and the Middle East. It's shares rose 2.6% on the news.
- ASML shares soared to a record high, sending its market value beyond $500 billion, after Asian peer Taiwan Semiconductor Manufacturing Co. gave a stronger-than-anticipated outlook for 2026. The Dutch semiconductor equipment maker rose as much as 7.6%, extending its year-to-date gain to 25%.
- Swedbank rose 6%. Trading volume was 106 times the average for this time of day.

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On this episode of Stock Movers:

- Bank of America (BAC)’s equity traders posted their best fourth quarter ever as the company reaped the benefits of volatile markets and net interest income topped analysts’ estimates. Revenue from equity trading rose 23% to $2.02 billion in the final three months of the year, according to a statement Wednesday. Analysts had been expecting equity-markets revenue of close to $1.9 billion. That helped give Bank of America earnings of 98 cents a share, topping analysts’ estimates. Still, shares declined amid concerns about expenses. Shares of Charlotte, North Carolina-based Bank of America dropped on Wednesday to its biggest decline on an earnings day since 2020. They’ve gained 15% in the past 12 months, less than the 19% increase in the S&P 500.

- Citigroup (C) Chief Financial Officer Mark Mason said the lender wants to cooperate with President Donald Trump’s affordability push but doesn’t support his proposed cap on credit card fees. Banking industry groups have said that a 10% limit on rates threatens to cut credit availability to certain customers, especially those with subprime credit scores. Shares of the big bank fell during trading today.

- Royal Caribbean (RCL) shares fell as much as 4.7% on Wednesday after Citi analyst James Hardiman issued a downside 30-day short-term view on the cruise operator ahead of its quarterly report expected towards the end of the month.

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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 Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

- Dow Chemicals (DOW), LyondellBasell (LYB) and other US chemicals stocks are rising Wednesday as higher oil prices are giving gas-based producers an advantage and as analysts see upside for US chemicals and fertilizer firms.

- Bank of American (BAC)’s equity traders posted their best fourth quarter ever as the company reaped the benefits of volatile markets and net interest income topped analysts’ estimates. Revenue from equity trading rose 23% to $2.02 billion in the final three months of the year, according to a statement Wednesday. Analysts had been expecting equity-markets revenue of close to $1.9 billion. That helped give Bank of America earnings of 98 cents a share, topping analysts’ estimates. Still, shares declined amid concerns about expenses. They’ve gained 15% in the past 12 months, more than the 12% increase in the S&P 500 Financials Index.

-Lululemon shares fall as much as 2.1% after the Supreme Court did not issue an opinion on the legality of IEEPA tariffs. The second opinion day with no comments on the duties. The court hasn’t said when it will next issue opinions. Toy stocks Mattel and Hasbro are down as much as 3% and 2.9%, respectively

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On this episode of Stock Movers:
- LyondellBasell (LYB) and other US chemicals stocks are rising Wednesday as higher oil prices are giving gas-based producers an advantage and as analysts see upside for US chemicals and fertilizer firms.

- Wells Fargo (WFC) missed analysts’ profit estimates as severance costs drove up expenses. Shares of the company fell by the most in six months. The bank spent $612 million on severance as part of a plan designed to cut costs. Expenses were $13.7 billion, compared with the $13.6 billion predicted by analysts in a Bloomberg survey, according to a statement Wednesday. The fourth-largest US bank generated $21.3 billion in net income for 2025, compared with analysts’ estimates of $21.6 billion. Shares of the company, up 25% in the past 12 months, fell as much as 5.8% in New York, the biggest intraday decline since July 15.

- Royal Caribbean (RCL) shares fall as much as 4.7% on Wednesday after Citi analyst James Hardiman issued a downside 30-day short-term view on the cruise operator ahead of its quarterly report expected towards the end of the month.

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On this episode of Stock Movers:

- Adient (ADNT) shares jump the most intraday since July — after UBS analyst Joseph Spak raised his recommendation on the auto supplier to buy from neutral.

- Royal Caribbean (RCL) shares slide after Citi analyst James Hardiman issued a downside 30-day short-term view on the cruise operator ahead of its quarterly report expected towards the end of the month.

- Wells Fargo (WFC) shares slump after the firm missed analysts’ profit estimates as severance costs drove up expenses, with the bank spending $612 million on severance.

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On this episode of Stock Movers:

- Wells Fargo (WFC) shares slump after the firm missed analysts’ profit estimates as severance costs drove up expenses, with the bank spending $612 million on severance.

- Coinbase (COIN) shares rise after news a new proposal tied to crypto market structure legislation would allow digital-asset companies to offer rewards to customers who hold stablecoins, with some exemptions.

- Palo Alto (PANW) shares fall after Reuters reported that China has told domestic companies to stop using cybersecurity software made by about a dozen US and Israeli firms due to national security concerns, citing people familiar with the matter.

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On this episode of Stock Movers:
- Wells Fargo & Co. (WFC) missed analysts’ profit estimates as severance costs drove up expenses.The bank spent $612 million on severance as part of a plan designed to cut costs. Expenses were $13.7 billion, compared with the $13.6 billion predicted by analysts in a Bloomberg survey, according to a statement Wednesday.
- Bank of America's (BAC) equity traders posted their best fourth quarter ever as the company reaped the benefits of volatile markets and net interest income topped analysts’ estimates. Revenue from equity trading rose 23% to $2.02 billion in the final three months of the year, according to a statement Wednesday. Analysts had been expecting equity-markets revenue of close to $1.9 billion. That helped give Bank of America earnings of 98 cents a share, topping analysts’ estimates.
- After years of lagging behind peers on Wall Street, Citigroup’s (C) dealmakers are narrowing the gap.Chief Executive Officer Jane Fraser’s bank posted an 84% surge in financial advisory fees in the fourth quarter, capping a year in which the firm’s revenue from handling mergers rose by more than half to an all-time record. The haul, announced in an earnings report Wednesday, defied larger rival JPMorgan Chase & Co.’s relatively sluggish growth in that business — up just 6% in 2025.

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On this episode of Stock Movers:
- Wells Fargo (WFC) missed analysts’ profit estimates as severance costs drove up expenses and net interest income fell short. The bank spent $612 million on severance as part of a plan designed to cut costs. Expenses climbed to $13.7 billion, compared with the $13.6 billion predicted by analysts in a Bloomberg survey, according to a statement Wednesday.
- Bank of America (BAC) reported net interest income for the fourth quarter that beat the average analyst estimate.
- Netflix (NFLX) is working on revised terms for its Warner Bros. Discovery Inc. acquisition and has discussed making an all-cash offer for the company’s studios and streaming businesses, people familiar with the discussions said.The changes are designed to expedite a sale that will take months to close and has faced opposition both from politicians and rival bidder Paramount Skydance Corp. Institutional investors have been divided in their support.

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On this episode of Stock Movers:
- BP said it expects to take as much as $5 billion in writedowns for the fourth quarter, just weeks after replacing its chief executive officer as it strives to turn around its fortunes.
- Hays drops as much as 1.5% to the lowest since 1993 after delivering a sharper drop in like-for-like growth than expected during the latest quarter as the tough environment for recruiters continues.
- EssilorLuxottica shares gain as much as 2.9% after HSBC raised its recommendation to buy from hold due to growth in smart glasses.

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