Stock Movers

On this episode of Stock Movers:
- HSBC unexpectedly appointed Brendan Nelson as its next chair, choosing an insider to replace hard-charging financier Mark Tucker who has led Europe’s largest lender for much of the last decade.
- Qatar’s sovereign wealth fund sold a stake worth about £266 million ($352 million) in J Sainsbury Plc, bringing an end to its near two-decade run as the largest shareholder in the supermarket.
- Inditex sales accelerated in November, the Zara owner highlighting its resilience in the face of weakening consumer sentiment that’s hitting many of its peers.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Inditex sales accelerated in November, the Zara owner highlighting its resilience in the face of weakening consumer sentiment that’s hitting many of its peers. Shares soared.
- Stellantis gains as much as 8.4% after UBS analyst Patrick Hummel raised his recommendation on the carmaker to buy from neutral and following a report that the White House will announce new fuel efficiency standards for automobiles.
- Smiths Group agreed to sell its unit that makes airport security scanners to private equity firm CVC Capital Partners at an enterprise valuation of £2 billion ($2.7 billion).

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

- Boeing (BA) shares advanced as much as 9.2% after Malave’s comments, which provided the first detailed look at the planemaker’s cash projections for 2026. The company expects to generate cash again in 2026, with positive free cash flow to reach the “low-single digits” billions of dollars. They still expect to eventually reach the $10 billion cash-generation target outlined by the previous management team, according to Boeing Chief Financial Officer Jay Malave.

- Shares in Eric Trump’s crypto mining business lost more than half their value in less than 30 minutes on Tuesday. The nosedive of American Bitcoin Corp, (ABTC)which triggered repeated trading halts, followed the steep decline of many cryptocurrencies and crypto-linked companies into what some observers are calling the onset of a “crypto winter”. Bitcoin’s value has fallen sharply since the start of October and erased a year of large gains.

- Marvell Technology (MRVL) announced plans to acquire startup Celestial AI for about $3.25 billion, part of a push to capture more of the spending on artificial intelligence computing. The payment will include $1 billion in cash and Marvell shares valued at $2.25 billion, with the possibility of additional Marvell shares if Celestial AI hits certain revenue targets.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

- Boeing (BA) expects to generate cash again in 2026, a significant reversal in the planemaker’s finances as it prepares to boost monthly production rates of its passenger aircraft. The US company expects positive free cash flow to reach the “low-single digits” billions of dollars next year, reversing the $2 billion cash burn seen for 2025, said Boeing Chief Financial Officer Jay Malave, in his first solo presentation at an investor conference since taking over the post in August. The assurances propelled Boeing’s shares, with the stock closing up over 10%, the most since April.

- Shopify (SHOP) shares rallied as traders embraced the platform after a strong weekend for shoppers following Thanksgiving. Shopify merchants achieved record sales of $14.6 billion during the Black Friday-Cyber Monday weekend, representing a 27% increase from last year.

- American Bitcoin Corp (ABTC) shares fall as much as 50% on Tuesday as the Bitcoin miner, which counts Eric Trump as a co-founder and chief strategy officer, continues to hurt due to the recent slide in Bitcoin prices. American Bitcoin shares have fallen over 60% from their peak in September through Monday, as Bitcoin has declined around 30% from its October record high.

See omnystudio.com/listener for privacy information.

- Boeing (BA) shares advanced as much as 9.2% after Malave’s comments, which provided the first detailed look at the planemaker’s cash projections for 2026. The company expects to generate cash again in 2026, with positive free cash flow to reach the “low-single digits” billions of dollars. They still expect to eventually reach the $10 billion cash-generation target outlined by the previous management team, according to Boeing Chief Financial Officer Jay Malave.

- Janux Therapeutics (JANX) shares plunge 41% in premarket trading, after the drug developer gave interim data from an early-stage trial of its experimental therapy for an advanced form of prostate cancer that disappointed Wall Street. Analysts note a decline in the efficacy profile of the drug.

-Signet (SIG) shares slide 4.1% ahead of the bell after the jewelery retailer’s 4Q same-store sales forecast fell short of the consensus estimate. COO Joan Hilson blamed the “measured” 4Q outlook on “external disruptions since late October and potential continued softness in consumer confidence.”

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Boeing (BA) shares jump after the company said it expects to generate cash again in 2026, a significant reversal in the planemaker’s finances as it prepares to boost monthly production rates and pushes ahead with certification for the much-delayed 777X jetliner.
- Warner Brothers Discovery (WBD) shares gain on news that the company was fielding a second round of bids on Monday, including a mostly cash offer from Netflix Inc., in an auction that could wrap up in the coming days or weeks, according to people familiar with the discussions.
- Philip Morris (PM) shares fall after the company reaffirmed its adjusted earnings per share forecast for the full year. This forecast represents a projected increase of 13.5% to 15.1% versus adjusted diluted EPS of $6.57 in 2024.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- MongoDB (MDB) shares rally on Tuesday after the database software company reported stronger-than-expected results. It also raised its full-year forecast.
- Credo Technology (CRDO) shares rise after the company reported revenue for the second quarter that beat the average analyst estimate. The shares of competitor Astera Labs gained 3%.
- Boeing (BA) shares jump after the company said it expects to generate cash again in 2026, a significant reversal in the planemaker’s finances as it prepares to boost monthly production rates and pushes ahead with certification for the much-delayed 777X jetliner.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Shares of Warner Bros. Discovery (WBD) edged higher ahead of the US market open after the company fielded a second round of bids on Monday, including a mostly cash offer from Netflix Inc., in an auction that could wrap up in the coming days or weeks, according to people familiar with the discussions. Bankers for Paramount Skydance Corp., Comcast Corp. and Netflix worked over the long Thanksgiving weekend on improved offers for all or part of Warner Bros., said the people, who asked not to be identified discussing nonpublic information. Paramount’s offer, while largely backed by the family of Oracle Corp. co-founder Larry Ellison, includes debt financing from Apollo Global Management Inc. Middle East funds are also contributing, the people said. The offers are binding, which means the board is in a position to sign off on a deal quickly if its goals are met.
- Shares of Bayer (BAYN GY) rallied in Frankfurt after the Trump administration urged the US Supreme Court to take up Bayer’s appeal targeting thousands of lawsuits blaming its top-selling Roundup weedkiller for causing cancer. US Solicitor General D. John Sauer – the administration’s top courtroom lawyer – recommended Monday that the high court agree to hear Bayer’s challenge to a $1.25 million Missouri jury verdict over Roundup on the grounds some of the claims were preempted by federal law.
- Shares of MongoDB (MDB) jumped in Tuesday's premarket session after the database software company posted an earnings beat. MongoDB's better-than-expected 4Q revenue and operating-profit guidance should help ease concerns about execution risks following the CEO transition, and underscores improving scale economics. The results will strengthen confidence in MongoDB's ability to compete with newer entrants and peers such as Elastic, according to Bloomberg Intelligence.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Shares of Bayer (BAYN GY) rallied in Frankfurt after the Trump administration urged the US Supreme Court to take up Bayer’s appeal targeting thousands of lawsuits blaming its top-selling Roundup weedkiller for causing cancer. US Solicitor General D. John Sauer – the administration’s top courtroom lawyer – recommended Monday that the high court agree to hear Bayer’s challenge to a $1.25 million Missouri jury verdict over Roundup on the grounds some of the claims were preempted by federal law.
- Shares of Warner Bros. Discovery (WBD) edged higher ahead of the US market open after the company fielded a second round of bids on Monday, including a mostly cash offer from Netflix Inc., in an auction that could wrap up in the coming days or weeks, according to people familiar with the discussions. Bankers for Paramount Skydance Corp., Comcast Corp. and Netflix worked over the long Thanksgiving weekend on improved offers for all or part of Warner Bros., said the people, who asked not to be identified discussing nonpublic information. Paramount’s offer, while largely backed by the family of Oracle Corp. co-founder Larry Ellison, includes debt financing from Apollo Global Management Inc. Middle East funds are also contributing, the people said. The offers are binding, which means the board is in a position to sign off on a deal quickly if its goals are met.
- Shares of MongoDB (MDB) soared in Tuesday's premarket session after the database software company posted an earnings beat. MongoDB's better-than-expected 4Q revenue and operating-profit guidance should help ease concerns about execution risks following the CEO transition, and underscores improving scale economics. The results will strengthen confidence in MongoDB's ability to compete with newer entrants and peers such as Elastic, according to Bloomberg Intelligence.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

- The Trump administration urged the US Supreme Court to take up Bayer’s appeal targeting thousands of lawsuits blaming its top-selling Roundup weedkiller for causing cancer.
- The Bank of England cut its estimate of how much capital British banks need for the first time in a decade and signaled a consultation that could free up extra lending and higher payouts to shareholders, even as it flagged rising risks in private markets.
- Campari shares gain as much as 4.2% after Barclays raised its recommendation on the Italian spirits company, citing growth prospects in the US.

See omnystudio.com/listener for privacy information.