Stock Movers

On this episode of Stock Movers:

- Dell (DELL) shares fell in trading today after Morgan Stanley downgraded it. A memory “supercycle” increasingly poses a risk to earnings of hardware original equipment and design manufacturers (OEMs and ODMs), Morgan Stanley analysts wrote as they cut ratings on HP, Dell, Pegatron and Asustek to underweight.

- Several online travel agencies, including Expedia (EXPE) declined today after Alphabet's Google announced the launch of an AI-powered feature that allows users to book flights and hotels. Expedia fell as much as 6.1%, the most intraday since May 9.

- Alphabet (GOOG) rallied on the news that Warren Buffett’s Berkshire Hathaway Inc. acquired 17.9 million shares of it. Berkshire’s Alphabet stake, representing 0.31% of the outstanding shares, according to a regulatory filing Friday, was worth about $4.9 billion as of the market close.

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Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Scarlet Fu, Tim Stenovec and Carol Massar.

On this episode of Stock Movers:
- Vita Coco (COCO) shares rise 5.1% ahead of the bell after BofA analyst Peter Galbo upgrades his recommendation on the coconut water company to buy from neutral, after President Donald Trump issued an order on Friday reducing tariffs on hundreds of food products that can’t be produced in the US in sufficient quantity to meet domestic demand, including coconuts.
- Dell (DELL) shares are sliding after Morgan Stanley downgraded it due to sluggish demand. Shares of Dell declined nearly 10% during trading on Monday.
- Peter Thiel’s hedge fund Thiel Macro sold off its holdings in Nvidia (NVDA) during the third quarter, according to a 13F filing. The fund offloaded its entire position of 537,742 shares in the world’s premier AI chipmaker, which would have been worth about $100 million based on the closing price from Sept. 30. The filing comes not long after SoftBank Group Corp. announced a similar move to sell off its shares in Nvidia in October for $5.83 billion.

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On this episode of Stock Movers:

- Alphabet (GOOG) shares are rallying on news that Warren Buffett’s Berkshire Hathaway acquired 17.9 million shares in the Google parent during the third quarter. Buffett, 95, who plans to step down as chief executive officer at year-end, has been finding ways to deploy some of Berkshire’s cash pile, which rose to a record $382 billion at the end of the quarter

- Dell (DELL) shares are sliding after Morgan Stanley downgraded it due to sluggish demand. Shares of Dell declined nearly 10% during trading on Monday.

- StubHub (STUB) and Live Nation shares declined after Financial Times reports that the UK plans to ban the resale of tickets for live events above their original cost. According to analysts at Bloomberg Intelligence, the potential move would "be a dramatic step to combat scalping, given prior proposals were for a cap at 30% above face value. Yet the move would likely have a limited effect on platforms like StubHub and Vivid Seats, given the vast majority of their transactions are in North America."

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On this episode of Stock Movers:
- Amazon (AMZN) shares fall on news that the company is seeking to raise about $12 billion through a debt offering — its first such deal in US dollars in about three years. The company is selling investment-grade bonds in as many as six parts, with proceeds that may be used for acquisitions, capital expenditures, and share buybacks.
- Nvidia (NVDA) shares drop after news that Peter Thiel’s hedge fund Thiel Macro LLC sold its stake in the company during the third quarter, offloading its entire position of 537,742 shares.
- Alphabet (GOOGL) shares gained after a report said Warren Buffett's Berkshire Hathaway said it took a stake in Google's parent company last quarter.

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On this episode of Stock Movers:
- Alphabet (GOOGL) shares surge after a report said Warren Buffett's Berkshire Hathaway said it took a stake in Google's parent company last quarter.
- Quantum Computing (QUBT) after news that Alyeska Investment Group reported a position in Quantum Computing Inc. in the third quarter, 3 percent of the company's outstanding stock.
- Johnson & Johnson (JNJ) shares gain after news that the company agreed to buy Halda Therapeutics for $3.05 billion cash as part of a strategy to cope with eroding sales for its major psoriasis drug.

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On this episode of Stock Movers:
- Shares of Nvidia (NVDA) edged lower in early trading ahead of the company's highly anticipated earnings report due Wednesday after the close. Monday's premarket dip comes after Peter Thiel’s hedge fund Thiel Macro LLC sold off its holdings in Nvidia Corp. during the third quarter, marking another retreat from the leading provider of artificial-intelligence chips. The fund offloaded its entire position of 537,742 shares in the world’s premier AI chipmaker, which would have been worth about $100 million based on the closing price from Sept. 30. The Thiel Macro fund now counts Apple Inc., Microsoft Corp. and a reduced stake in Tesla Inc. as its main bets, according to a 13F filing.
- Shares of Alphabet (GOOG) moved higher ahead of the US market open, after regulatory filings Friday showed Warren Buffett’s Berkshire Hathaway acquired 17.9 million shares in the Google parent during the third quarter. Even boasting some of the strongest balance sheets and highest ratings among corporate issuers, software and services providers' increased spending and borrowing have widened their bond spreads, with some facing downgrades. Though spreads are wider, the risk of significant widening, for most, appears contained. In fact, the largest hyperscalers -- including Amazon.com, Microsoft, Alphabet and Meta -- may be among the best positioned across the Bloomberg US Corporate Bond Index, based on Bloomberg Intelligence's credit-driver matrix.
- Shares of The EW Scripps Co. (SSP) soared in the premarket trade after Sinclair took a 8.2% stake in the news multimedia company as part of a potential merger strategy that the pair have been discussing for several months, according to a 13D filing. Amid industry headwinds and a more favorable FCC tone on M&A, the company has suggested a large-scale deal could generate $600-$900 million in annual synergies from retransmission step-ups and cost efficiencies.

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On this episode of Stock Movers:
- Alphabet (GOOG) is the biggest gainer among Magnificent 7 tech stocks in US premarket trading Monday, after regulatory filings Friday showed Warren Buffett’s Berkshire Hathaway acquired 17.9 million shares in the Google parent during the third quarter.
- Peter Thiel’s hedge fund Thiel Macro sold off its holdings in Nvidia (NVDA) during the third quarter, according to a 13F filing. The fund offloaded its entire position of 537,742 shares in the world’s premier AI chipmaker, which would have been worth about $100 million based on the closing price from Sept. 30. The filing comes not long after SoftBank Group Corp. announced a similar move to sell off its shares in Nvidia in October for $5.83 billion.
- Sinclair (SBGI) has taken an 8.2% stake in EW Scripps as part of a potential merger strategy that it has been actively discussing with the company for several months, according to a 13D filing.

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On this episode of Stock Movers:
- Societe Generale unveiled a €1 billion ($1.2 billion) share buyback, a boost for investors who have been holding out for more payouts. SocGen’s share price rose as much as 1.5% in Paris on Monday and was trading 0.5% higher at 10:07 a.m., giving the firm a market value of €44.7 billion.
- TotalEnergies SE agreed to buy a 50% stake in a portfolio of western European power-generation assets from Daniel Kretinsky's energy holding company for about €5.1 billion.
- WPP shares gain as much as 6.7% as advertising agency Havas has expressed interest in the London-listed company, the Times reported over the weekend.

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On this episode of Stock Movers:
- WPP shares gain as much as 6.7% as advertising agency Havas has expressed interest in the London-listed company, the Times reported over the weekend.
- Saab has a contract with the Colombian government to supply new fighter jets in a deal worth €3.1 billion. Saab shares gained as much as 6% when trading started in the Swedish capital on Monday, taking gains so far this year for the stock to 138%.
- SUSS MicroTec aims to increase sales to between €750 million and €900 million by 2030, corresponding to an average annual sales growth of 9% to 13%, according to statement for the company’s Capital Markets Day. Shares rose as much as 4.2% on Tradegate vs the Xetra close.

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On this episode of Stock Movers, we take a look at some of the biggest gainers and decliners of the week:
- Disney (DIS) reported sales that fell short of Wall Street estimates and said a slate of big-budget films, including a new Avatar picture, will weigh on results for the first quarter of its new fiscal year. Shares of Disney fell 7.8% to $107.61 at the close in New York on Thursday following the earnings release. It was Disney's worst one-day loss since April.
- Warner Bros. Discovery (WBD) shares bounced around this week on reports that Paramount, Comcast and Netflix were preparing bids for it. On Friday, the media conglomerate amended the contract of Chief Executive Officer David Zaslav to ensure his stock options remain eligible to vest even if it's sold. The change, announced in a regulatory filing Thursday, follows the company’s decision last month to consider strategic options including a possible sale. Shares rallied on Friday to close the week.
- Walmart (WMT)'s Chief Executive Officer Doug McMillon recently spoke about the impact of artificial intelligence, saying it’s clear that the technology is going to change “literally every job.” That includes the very one he’s now passing along — a move that fits a tenure defined by staying a step ahead of change. Shares initially fell on the news.

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