Stock Movers

On this episode of Stock Movers:
- SSE shares climbed to a record after the utility said it will raise about £2 billion ($2.6 billion) in new shares to help finance a £33 billion drive to upgrade its grids and boost renewable energy.
- RWE saw better-than-expected earnings in 3Q, driven by one-off gains linked to the sale of a data center development project and improved energy trading results.
- Edenred shares dropped as Brazil issued a decree regarding major regulatory changes to the country’s meal voucher and food voucher system.

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On this episode of Stock Movers:
- SSE shares rose to a record after the utility said it will raise about £2 billion ($2.6 billion) in new shares to help finance a £33 billion drive to upgrade its grids and boost renewable energy.
- ABN Amro agreed to acquire NIBC Bank from Blackstone for about €960 million ($1.11 billion) in the biggest acquisition by the Dutch lender since it was re-listed on the stock exchange a decade ago.
- Taylor Wimpey shares fell as the housebuilder reiterated guidance for 2025 to account for a softer housing market and uncertainty about measures in the UK budget.

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On this episode of Stock Movers:

- AMD (AMD) Nvidia's nearest rival in AI chips, 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. AMD’s AI data center revenue will increase by an average of 80% over the same time period, she said. The company projects adjusted profit to reach more than $20 a share, and the operating margin to exceed 35%, in that time frame, executives said.

- Fedex (FDX) expects profit this quarter to improve from a year ago, easing investor concerns about a lackluster holiday season and volatile trade policies.Adjusted earnings in its fiscal second quarter, which concludes at the end of November, will surpass the $4.05 a share the courier generated last year, Chief Financial Officer John Dietrich told investors Tuesday at an industry conference. Analysts are anticipating $4.02 a share on average in estimates compiled by Bloomberg.

- CoreWeave (CRWV) shares tumbled after the cloud-computing provider reported its third-quarter results and said a data center delay would impact fourth-quarter expectations, prompting JPMorgan to downgrade the stock. Analysts note that the supply constraints are short term but highlight execution risks.

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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:

- Paramount Skydance (PSKY) closed 9.77% higher today after the company reported financial results for the first time since a new investor group took over the media company in August. The company raised its cost savings goal to at least $3 billion and said it's planning an additional 1,600-person workforce reduction.

- The RealReal (REAL) shares gained on Tuesday, hitting their highest level since December 2021, after the online marketplace for luxury goods boosted its revenue guidance for the full year to beat the average analyst estimate.

- Nvidia (NVDA) shares ended the day 2.96% lower after SoftBank sold its entire stake in Nvidia for $5.83 billion to help bankroll AI investments. Softbank has sold out of Nvidia once before in 2019, then resumed buying small stakes in Nvidia in 2020.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

- Nvidia (NVDA) shares drop after SoftBank sold its entire stake in Nvidia for $5.83 billion to help bankroll AI investments. Softbank has sold out of Nvidia once before in 2019, then resumed buying small stakes in Nvidia in 2020.

- RealReal (REAL) shares gained as much as 27% on Tuesday, hitting their highest level since December 2021, after the online marketplace for luxury goods boosted its revenue guidance for the full year to beat the average analyst estimate. 

- CoreWeave (CRWV) shares tumbled after the cloud-computing provider reported its third-quarter results and said a data center delay would impact fourth-quarter expectations, prompting JPMorgan to downgrade the stock. Analysts note that the supply constraints are short term but highlight execution risks.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Nvidia (NVDA) shares drop after SoftBank sold its entire stake in Nvidia for $5.83 billion to help bankroll AI investments. Softbank has sold out of Nvidia once before in 2019, then resumed buying small stakes in Nvidia in 2020.
- Paramount Skydance (PSKY) shares rise after the company reported financial results for the first time since a new investor group took over the media company in August. The company raised its cost savings goal to at least $3 billion and said it's planning an additional 1,600-person workforce reduction.
- Estee Lauder (EL) shares gain after Argus raised their recommendation for the company to buy from hold. Strategists said: “New management has increased innovation significantly,” and product is entering “such new channels as Amazon Premium Beauty, Sephora, and Ulta.”

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Shares of Nvidia (NVDA) slipped in the premarket session after SoftBank Group sold the entirety of its stake of the chipmaking giant for $5.83 billion to help bankroll AI investments, even as investors question the amount of capital pouring into a technology with uncertain returns. The Nvidia stake sale highlights how founder Masayoshi Son needs money to chase a plethora of projects that range from Stargate data centers to AI robot manufacturing sites in the US. Its exit coincides with a growing debate about whether spending by big tech firms from Meta Platforms Inc. to Alphabet Inc. — expected to surpass $1 trillion in coming years — will produce commensurate returns.
- CoreWeave (CRWV) shares tumbled ahead of the US market open after the cloud-computing provider reported its third-quarter results and said a data center delay would impact fourth-quarter expectations, prompting JPMorgan to downgrade the stock. Analysts note that the supply constraints are short term but highlight execution risks.
- Paramount Skydance (PSKY) shares soared in early trading after reporting financial results for the first time since a new investor group took over the media company in August. The media giant raised its target for job cuts and cost-saving measures. Paramount Skydance, which has been trying to buy rival Warner Bros. Discovery Inc., said in a letter to shareholders it plans an additional 1,600-person workforce reduction and a goal to achieve at least $3 billion in cost savings.

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On this episode of Stock Movers:
- Shares of Nvidia (NVDA) slipped in the premarket session while shares of CoreWeave (CRWV) plummeted. The moves come as traders backed away from high-priced technology companies after SoftBank Group sold its entire Nvidia stake. The setback at CoreWeave, which rents out access to powerful artificial intelligence chips, gives investors another reason to worry about the strength of the tech industry at a time when there’s widespread anxiety over valuations.
- Paramount Skydance (PSKY) shares soared in early trading after reporting financial results for the first time since a new investor group took over the media company in August. The media giant raised its target for job cuts and cost-saving measures. Paramount Skydance, which has been trying to buy rival Warner Bros. Discovery Inc., said in a letter to shareholders it plans an additional 1,600-person workforce reduction and a goal to achieve at least $3 billion in cost savings.
- ADRs of Chinese EV maker Xpeng (XPEV) surged amid growing optimism over the Chinese electric carmaker’s progress in technologies including humanoid robots. The Hong Kong-listed shares rallied 18% on Tuesday to the highest level since July 2022. It was also their biggest one-day gain in over two years. The company’s American depositary receipts surged 16% on Monday, buoyed also by a broad advance in the US market. Xpeng’s recent showcase of cutting-edge technologies — from its IRON humanoid robot to robotaxis — has fueled investor enthusiasm about its potential beyond traditional electric vehicles. While these innovations have yet to translate into near-term earnings gains, they are reshaping market perceptions of Xpeng’s valuation.

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On this episode of Stock Movers:
- Vodafone returned to growth in Germany, after bringing on 1&1 AG as a new wholesale customer in its biggest market.
- Hilton Food shares fall as much as 25%, hitting their lowest level in a decade, after the group cut its full-year guidance.
- Adyen shares rose as the Dutch payments company set long-term guidance for about 20% net sales growth in years after 2026.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

- Vodafone returned to growth in Germany, after bringing on 1&1 AG as a new wholesale customer in its biggest market.
- Hensoldt shares fall as much as 9.3% as analysts find the German defense firm’s guidance for next year and for 2030 disappointing and say the company’s valuation is demanding.
- Jefferies says looking for 2026 earnings support within the European chemicals space including companies such as Croda is “like searching for mirage in the desert.”

See omnystudio.com/listener for privacy information.