Stock Movers

Today's biggest winners and losers in the stock market, a look at the notable movers:

On this episode of Stock Movers:

- Chipotle Mexican Grill (CMG) shares jumped after the Financial Times reported that Starbucks has worked with advisers on a takeover proposal for the burrito chain. The status of the takeover plans couldn’t be immediately learned and a mega deal of this size might never get off the ground, according to people familiar with the matter. Analysts expressed skepticism about a potential deal given the vast differences between the two businesses, but noted that access to Chipotle’s supply chain could provide some justification for the potential overture.

- Levi (LEVI) posted the slowest growth in its direct-to-consumer channels since late 2022, in part due to a marketing misstep. Revenue generated from Levi’s own stores and website grew 2% in the third quarter, with the company raising its full-year earnings outlook. The company expects direct-to-consumer growth for the current quarter to increase by a mid-single digit, after changing its marketing to focus on low-rise jeans.

- Latham Group (SWIM) fell 7.8%. Trading volume was seven times the average for this time of day. The shares declined to $5.87, lower than any close since Aug. 4, from $6.37. The stock was the worst performer among its peers.

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On this episode of Stock Movers:

- Starbucks (SBUX) The Financial Times reported that Starbucks Corp. has worked with advisers in recent months on a takeover proposal for the burrito chain. The status of the takeover plans couldn’t be immediately learned and a mega deal of this size might never get off the ground, the Times said, citing people familiar with the matter. Brian Niccol, Starbucks’ chief executive officer since 2024, previously was the top executive at Chipotle.

- IREN (IREN) shares are sliding following critical reports of facility reliability issues at its Canadian data centers combined with broader sector pressure on capital-heavy AI infrastructure builders.

- Helen of Troy (HELE) shares soar after the consumer goods company boosted its adjusted earnings per share forecast for the full year. The improved outlook exceeded the average analyst estimate.

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On this episode of Stock Movers:

-Palantir (PLTR) shares are rallying on Thursday, after Goldman Sachs upgraded the software company to buy from neutral, noting that the stock has underperformed this year. Analyst Gabriela Borges says the total addressable market “may be setting up for another step function change in depth, because of the shift to sovereign AI, bespoke applications, and Palantir’s newer verticalization strategy”

-PepsiCo (PEP) shares gain. PepsiCo Inc. shares rise the most intraday since August, after the food and beverage company posted organic revenue and core profit for the third quarter that came in ahead of expectations. Analysts also note strong growth for the firm outside the US. Still, Pepsi cut its full-year core constant currency EPS forecast, reflecting margin pressures the company expects in its North America business

- Spotify (SPOT) Technology shares rise. Spotify has renewed a multiyear licensing agreement with Joe Rogan, the world’s most popular podcaster. The Joe Rogan Experience is the world’s most popular podcast, with 18 million followers, according to Spotify. The pact is worth about $250 million, the Wall Street Journal reported, citing unnamed people familiar with the matter.

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

On this episode of Stock Movers:

- PepsiCo (PEP) shares are lower after the company decreased its profit outlook, with its recovery in North America taking longer than expected. PepsiCo faces higher costs in North America that are weighing on margins, and will be raising some prices in the coming months after cutting prices on some marquee brands earlier this year.

- Microsoft (MSFT) shares are following news the company's Xbox unit is formalizing its film and TV foray with a new division called XP to expand its franchises into other media.

- Levi Strauss (LEVI) is lower after it posted the slowest growth in its direct-to-consumer channels since late 2022, in part due to a marketing misstep. The company expects direct-to-consumer growth for the current quarter to increase by a mid-single digit, after changing its marketing to focus on low-rise jeans.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Taiwan Semiconductor (TSM) shares are moving on news Samsung earned a nearly nine-fold rise in quarterly operating profit, and Taiwan Semiconductor Manufacturing Co.’s sales jumped 51%, reflecting the spoils of relentless spending on AI infrastructure. Investors are questioning how long AI spending can last, especially as companies’ big capex plans come under pressure because of rising borrowing costs around the world.
- Applied Digital (APLD) is lower as it reported adjusted loss per share for the first quarter of 1.0c vs. loss/shr 3.0c y/y. The company expects initial operations at Polaris Forge 2 in Harwood to increase delivered critical IT load across our North Dakota campuses to 300 MW by the end of calendar 2026
- Wolfspeed (WOLF) shares are gaining on news the Department of Defense announces a $1.5b conditional loan commitment to the company, according to a press release. The company says it would be required to issue to the Defense Department VWAP-based warrants to purchase, in the aggregate, up to 7.5% of Wolfspeed’s fully diluted equity.
- Levi Strauss (LEVI) is lower after it posted the slowest growth in its direct-to-consumer channels since late 2022, in part due to a marketing misstep. The company expects direct-to-consumer growth for the current quarter to increase by a mid-single digit, after changing its marketing to focus on low-rise jeans.Eric Mollo

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Shares of Monte Paschi fell as much as 6.1% in Milan to their lowest level since June after Italian constructions magnate Francesco Gaetano Caltagirone company’s board plans on rejecting Monte Paschi’s twin bids for Banco BPM and Banca Generali at the next shareholder meeting, according to an emailed statement.
- Aberdeen cut its stake in Standard Life by roughly half, as the UK wealth platform and asset manager looks to strengthen its balance sheet and fund growth.
- Argenx ended a late-stage trial of its best-selling medicine Vyvgart for a chronic autoimmune disorder after a monitoring panel said the study was unlikely to succeed.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Tesco shares rise as much as 3.9% as analysts said the company’s first-half results were strong and pointed to a £200m increase in share buyback plans. Tesco narrowed its adjusted operating profit forecast for the full year, raising the lower end of its guidance range.
- Imperial Brands shares rise as much as 4% after the company reaffirmed its adjusted operating profit forecast for the full year.
- Zealand Pharma is cut to hold from accumulate at KBC, with analysts saying they have reduced commercial assumptions for key company assets due to petrelintide trial results, survodutide’s high discontinuation rates and pricing pressure in obesity.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Samsung’s shares erased early gains to drop as much as 0.9%, after investors looked past its record quarterly profit to focus on the sustainability of AI spending in a higher yields environment.
- DBS shares extend their slide to as much as 5.1%, the biggest drop since April 2025.
- TSMC reported a 51% rise in quarterly revenue, a positive signal for investors trying to gauge the sustainability of a global AI infrastructure buildout.

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Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:

- Levi Strauss (LEVI) posted the slowest growth in its direct-to-consumer channels since late 2022, in part due to a marketing misstep. Revenue generated from Levi's own stores and website grew 2% in the third quarter, with the company raising its full-year earnings outlook. The company expects direct-to-consumer growth for the current quarter to increase by a mid-single digit after changing its marketing to focus on low-rise jeans.

- Webull (BULL) shares fell as much as 24%, the most since April 2025, after CNBC reported that the US House Select Committee on China is set to release a report on Wednesday that Webull is tied structurally to China’s government, raising national security concerns.

- Wolfspeed (WOLF) today announced it has received a conditional loan commitment letter from the U.S. Department of War through its Office of Strategic Capital, for up to $1.5 billion of long-term financing to support the domestic development and production of silicon carbide materials and wide bandgap power devices, with an additional focus on U.S. national security applications. Wolfspeed would be required to issue to the Defense Department VWAP-based warrants to purchase, in the aggregate, up to 7.5% of Wolfspeed’s fully diluted equity, company says. Stock gains 27% in post-market trading

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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 Scarlet Fu, Jess Menton, Carol Massar and Lisa Mateo

- Micron Technology (MU) shares are up 3.1% on Wednesday, after D.A. Davidson raised its price target on the memory chipmaker to a Street-high view of $3,000, seeing long-term tailwinds related to AI. Analyst Gil Luria recently met with Micron’s management team, and “concluded that investors are early in their journey of understanding MU’s value and believe that journey will lead them to assigning a far higher multiple”

- Webull (BULL) shares fell as much as 24%, the most since April 2025, after CNBC reported that the US House Select Committee on China is set to release a report on Wednesday that Webull is tied structurally to China’s government, raising national security concerns.

- A measure of SpaceX’s (SPCX) credit risk surged to a fresh high and the company’s bonds weakened in the secondary market on Wednesday, following reports the company is in talks with banks and investors to raise $40 billion to buy chips from Nvidia Corp. The price of five-year credit default swaps on the company’s debt rose as much as 0.167 percentage point to around 197.6 basis points a year, according to ICE Data Services, which is the highest intraday level since the swaps started actively trading in June. SpaceX is looking to raise $40 billion in what would be among the biggest-ever debt financings for the AI buildout, with the company’s fundraising discussions in an early stage and could end without a deal being completed, according to people familiar with the matter.

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