Stock Movers

On this episode of Stock Movers:
- Shares of the Walt Disney Co. (DIS) fell ahead of the US market open after the company 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. Revenue for the fourth quarter was little changed at $22.5 billion, Disney said Thursday, falling below the $22.8 billion average of analyst estimates compiled by Bloomberg. Earnings came to $1.11 a share in the period ended Sept. 27, excluding some items, beating estimates of $1.07. Disney’s entertainment division faces challenges early in the new fiscal year on three fronts: streaming, films and TV. The company predicts $375 million in operating income from online video in the first quarter. While that represents higher profit for the business, Wall Street was expecting more.
- Shares of Cisco Systems (CSCO) soared in premarket after the network-equipment giant boosted its 2026 forecast, showing progress in its effort to capture more artificial intelligence spending. The company, the top maker of machines that run computer networks and the internet, now expects sales of as much as $61 billion in the fiscal year ending in July. That’s about $1 billion more than it previously expected and higher than Wall Street estimates. Cisco also increased its earnings forecast, which similarly topped analysts’ predictions. The outlook sparked fresh optimism that Cisco can benefit from booming AI spending. The San Jose, California-based company is updating chips and networking gear to better connect server racks and data centers in order to handle complicated AI tasks.
- Anthropic PBC plans to spend $50 billion to build custom data centers for artificial intelligence work in several US locations, including Texas and New York, the latest expensive pledge for infrastructure to support the AI boom. The new sites, which Anthropic is developing with UK-based Fluidstack Ltd., will start coming online throughout 2026, the company said Wednesday in a statement. The project marks the first major data center build-out that the AI firm has taken on directly,

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On this episode of Stock Movers:
- Shares of the Walt Disney Co. (DIS) edged lower in premarket trading after the company 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. Revenue for the fourth quarter was little changed at $22.5 billion, Disney said Thursday, falling below the $22.8 billion average of analyst estimates compiled by Bloomberg. Earnings came to $1.11 a share in the period ended Sept. 27, excluding some items, beating estimates of $1.07. Disney’s entertainment division faces challenges early in the new fiscal year on three fronts: streaming, films and TV. The company predicts $375 million in operating income from online video in the first quarter. While that represents higher profit for the business, Wall Street was expecting more.
- Shares of Cisco Systems (CSCO) soared ahead of the US market open after the network-equipment giant boosted its 2026 forecast, showing progress in its effort to capture more artificial intelligence spending. The company, the top maker of machines that run computer networks and the internet, now expects sales of as much as $61 billion in the fiscal year ending in July. That’s about $1 billion more than it previously expected and higher than Wall Street estimates. Cisco also increased its earnings forecast, which similarly topped analysts’ predictions. The outlook sparked fresh optimism that Cisco can benefit from booming AI spending. The San Jose, California-based company is updating chips and networking gear to better connect server racks and data centers in order to handle complicated AI tasks.
- US listed shares of Alibaba (BABA) rallied in early trading after the Chinese tech giant announced it is preparing an overhaul of its main mobile AI app in coming months to help it more closely resemble OpenAI’s ChatGPT, a key step in a broader effort to catch rivals and eventually earn money off individual users. Alibaba plans to start by updating the existing “Tongyi” apps on iOS and Android and renaming them “Qwen,” after the company’s well-known AI model, people familiar with the matter said. It will then gradually add agentic-AI features to support shopping on platforms including the main Taobao marketplace in coming months, according to sources. The end goal is to try and make Qwen a fully functioning AI agent, the people said, a prime objective for the industry both in the US and China.

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On this episode of Stock Movers:
- Burberry shares gain 4.8% after the UK trench coat maker reported retail comparable sales for its second quarter that beat analyst estimates, turning positive for the first time in two years
- Wizz Air shares jump as much as 17%, the most since February, after the budget airline reported earnings ahead of expectations. The beat comes after the stock hit a record low last week, with analysts noting that expectations were low.
- France’s billionaire Saadé family, who made their money in shipping and logistics, is a new anchor shareholder in supermarket chain Carrefour. Shares of Carrefour opened up 1.6% in early trading in Paris Thursday.

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On this episode of Stock Movers:
- Burberry shares gain 4.8% after the UK trench coat maker reported retail comparable sales for its second quarter that beat analyst estimates, turning positive for the first time in two years
- Merck shares rise 8.6% after third quarter results beat estimates.
- Siemens expects currency headwinds to “strongly” burden growth in revenue as well as profit during the 2026 fiscal year while the manufacturer also deals with costs related to recent acquisitions. The shares declined as much as 3.6% in Frankfurt

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On this episode of stock movers:

• Advanced Micro Devices (AMD) rallied 9% after the chipmaker predicted accelerating sales growth over the next five years, driven by strong demand for its data center products.
• Cisco (CSCO) traded higher after hours after the largest maker of machines that run computer networks and the internet, gave an upbeat sales forecast, showing progress in its effort to capture more artificial intelligence spending.
• On Holding (ONON) climbs after the Swiss sneaker brand boosted its sales forecast for the year after better-than-expected third-quarter results in which consumers in Europe and Asia snapped up the Swiss sneaker maker’s high-priced footwear..

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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:

- Delta Air Lines (DAL) said mandated flight cuts that snarled US air travel caused a significant financial impact, though the carrier expects a return to normal during the typically bustling Thanksgiving holiday if the government shutdown ends this week.

- AMD (AMD) shares rise after the company said annual revenue growth will average more than 35% over the next three to five years. The total AI chip market, including accelerators, processors and networking products, will reach $1 trillion by 2030, AMD CEO Lisa Su said.

- Paramount-Skydance (PSKY) shares are down after Democratic Reps. Jamie Raskin and Frank Pallone Jr. write to Paramount Skydance CEO David Ellison asking that the company comply with an investigation into the Paramount-Skydance merger.

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On this episode of Stock Movers:
- On Holding (ONON) shares climbed as much as 28%, the most intraday since March 2023, after the Swiss sneaker brand boosted its sales forecast for the year after better-than-expected third-quarter results.
- Advanced Micro Devices (AMD) rallies as much as 11% on Wednesday, in biggest intraday jump since Oct. 8, after the semiconductor company projected accelerating sales growth over the next five years. Analysts are positive about the forecast and see “material upside” to current estimates.
- Black Rock Coffee Bar (BRCB) shares drop after the operator of drive-thru coffee bars announced its first earnings report since going public in September. The company also gave an outlook for the full year.

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On this episode of Stock Movers:
- AMD (AMD) shares rise after the company said annual revenue growth will average more than 35% over the next three to five years. The total AI chip market, including accelerators, processors and networking products, will reach $1 trillion by 2030, AMD CEO Lisa Su said.
- Cisco (CSCO) shares gain after the company said results last quarter showed sales from AI projects picking up, and it has partnered with Nvidia Corp. to speed deployment of AI systems. Shares are up more than 20% this year, but prices are still below their peak in the dot-com era .
- JPMorgan (JPM) shares edge higher after news that President Donald Trump will host financial industry executives for dinner at the White House, an effort to bring the country's business elite behind his policies.

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n this episode of Stock Movers:
- Advanced Micro Devices (AMD) shares rallied in premarket trading after Nvidia's closest rival predicted accelerating sales growth over the next five years, driven by strong demand for its data center products. Annual revenue growth will average more than 35% over the next three to five years, Chief Executive Officer Lisa Su said Tuesday at a company event in New York. She added that AMD’s AI data center revenue will increase by an average of 80% over the same period.
- Swiss sneaker maker On Holding (ONON) climbed in early trading after the company boosted its sales and earnings forecasts for the year after a better-than-expected third quarter. The Roger Federer-backed company now sees revenue growing 34% this financial year on a constant currency basis, above analyst estimates and three percentage points higher than its previous target. That new goal translates to net sales of 2.98 billion Swiss francs ($3.7 billion) at current spot rates, it said Wednesday.
- Shares of Sweetgreen (SG) soared in early trading after the restaurant chain was added to Citi's 90-day positive catalyst watch. Citi analyst Jon Tower says he expects sales to improve off lows with the US government "likely to reopen in the coming weeks.”

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On this episode of Stock Movers:
- Advanced Micro Devices (AMD) shares rallied in premarket trading after Nvidia's closest rival predicted accelerating sales growth over the next five years, driven by strong demand for its data center products. Annual revenue growth will average more than 35% over the next three to five years, Chief Executive Officer Lisa Su said Tuesday at a company event in New York. She added that AMD’s AI data center revenue will increase by an average of 80% over the same period.
- Shares of Bill Holdings (BILL) soared ahead of the US market open as the business-payments firm - under pressure from activist investor Starboard Value LP - is exploring options including a potential sale, according to sources. Bill, which handles payments and expense-management services for hundreds of thousands of small and midsize businesses, has been grappling with lower customer-spending and intense competition.
- Swiss sneaker maker On Holding (ONON) climbed in early trading after the company boosted its sales and earnings forecasts for the year after a better-than-expected third quarter. The Roger Federer-backed company now sees revenue growing 34% this financial year on a constant currency basis, above analyst estimates and three percentage points higher than its previous target. That new goal translates to net sales of 2.98 billion Swiss francs ($3.7 billion) at current spot rates, it said Wednesday.

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