Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Comcast (CMCSA) shares are back and forth this morning after Chief Financial Officer Jason Armstrong said he sees no improvement in broadband subscriber losses in the current quarter. Armstrong said rivals are offering broadband access for $30 to $40 a month for speeds of 1 gigabyte a second, which he said is not a rational price point.
- Apple (AAPL) shares are higher as it unveiled the iPhone Duo, the company's first foldable smartphone, which will improve on rivals' foldable models. The device will be available for preorder on Oct. 16 in more than 70 countries and regions, ahead of its release on Oct. 23, and will sit at the top of Apple's iPhone lineup.
- Meta (META) is higher as JPMorgan upgrades to overweight from neutral, citing upside potential after the social media giant launched its AI assistant.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- AB Foods shares fall as much as 10%, the most since January, after the Primark owner reduced its profit guidance for the Sugar and Grocery divisions. Primark numbers were broadly in line with expectations, while Barclays analysts say plans to offer home delivery are unlikely to move the needle given the lack of detail.
- Porsche said it will generate about €1 billion ($1.16 billion) selling its stake in the venture that owns the Bugatti supercar brand as the German manufacturer tries to become leaner.
- Fortum shares rise as much as 4.5% after a number of brokers upgraded the Finnish energy company, citing a new 22-year power-purchase agreement with Google that will cover up to 50% of the capacity at its Loviisa nuclear plant.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- AB Foods shares fall as much as 10%, the most since January, after the Primark owner reduced its profit guidance for the Sugar and Grocery divisions. Primark numbers were broadly in line with expectations, while Barclays analysts say plans to offer home delivery are unlikely to move the needle given the lack of detail.
- Whitbread is put on a 90-day positive catalyst watch at Citi before the UK hospitality company’s first-half results on Oct. 15, with upside seen to consensus pretax numbers.
- D’Ieteren shares rise as much as 6.4%, the most in more than four months, after adjusted pretax profits rose in the first half as a weak performance in its Auto division was countered by stronger performances elsewhere, including at car-glass company Belron.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Shares of MiniMax and Z.AI fall in Hong Kong amid concerns that DeepSeek’s price cuts will intensify the competition among AI models in China and put pressure on margins.
- Nintendo shares slid as much as 5%, extending Wednesday’s decline, after its closely watched Direct event ended without an announcement of a new blockbuster game title for the Switch 2.
- Japanese banks including MUFG limit losses in Asia as The Bank of Japan will continue to raise its benchmark interest rate to ensure that the price trend doesn’t exceed 2%, board member Kazuyuki Masu said, in comments that support widespread expectations that the bank will raise borrowing costs next week.

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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:

- Apple (AAPL) stock has rallied since June 25, driven by excitement about the new lineup of devices, particularly the foldable phone. The company's revenue is expected to rise in fiscal 2026, but Apple is still considered an AI laggard, a long-term fundamental issue for investors. The foldable iPhone is projected to have a starting price of $2,300 to $2,500, and shipments are estimated to total about 6.5 million units in Apple's fiscal first quarter.

- AeroVironment (AVAV) narrowed its loss in the fiscal first quarter as higher sales of its autonomous defense systems boosted the top line.The drone maker on Wednesday reported a loss of $5.1 million, or 10 cents a share, compared with a loss of $67.4 million, or $1.44 a share, a year earlier

See omnystudio.com/listener for privacy information.

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

- Apple (AAPL) stock has rallied since June 25, driven by excitement about the new lineup of devices, particularly the foldable phone. The company's revenue is expected to rise in fiscal 2026, but Apple is still considered an AI laggard, a long-term fundamental issue for investors. The foldable iPhone is projected to have a starting price of $2,300 to $2,500, and shipments are estimated to total about 6.5 million units in Apple's fiscal first quarter.

- Meta Platforms (META) shares are up on Wednesday, with analysts positive on the Facebook parent after it debuted Muse, an AI assistant. Firms wrote that Meta is well positioned to succeed with the product.

- Signet (SIG) shares jump as much as 20%, the most intraday since April of last year, after the jewelry retailer boosted its adjusted earnings-per-share forecast for the full year. Short interest is 13% of float, according to data from S3 Partner

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On this episode of Stock Movers:

- UnitedHealth (UNH) shares are down. UnitedHealth Group Inc. has sold an interest in some of its Optum Health operations in Florida to TPG Inc. UnitedHealth Chief Financial Officer Wayne DeVeydt said working with TPG will allow the business to grow more quickly while executing a broader turnaround. The deal with TPG is part of Optum's restructuring that the company had previously announced, according to Optum Health CEO Krista Nelson.

- Booking (BKNG) shares drop. Booking Holdings Inc. lost a European Union court fight over its derailed €1.6 billion ($1.9 billion) takeover of Sweden’s Etraveli Group, after judges said regulators were right to conclude that the planned buyout threatened fair competition.

- Dell (DELL) shares rise. Dell Technologies Inc. is seeking to raise about $4 billion from an investment-grade bond sale to refinance debt and fund general corporate purposes. The company is offering bonds in four tranches, with maturities ranging from three to 10 years, and proceeds will be used to repay outstanding notes due in 2026. Dell's bond offering is part of a wave of companies tapping the investment-grade debt market, with about 17 companies expected to sell bonds on Wednesday.

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On this episode of Stock Movers:

- Meta (META) shares gain. Analysts are positive on the Facebook parent after it debuted Muse, an AI assistant. Firms wrote that Meta is well positioned to succeed with the product.

- Casey's (CASY) shares fell as much as 18%, the most intraday since March 2020, after the convenience-store operator reported a miss on first-quarter fuel gross profit. The company also maintained its fiscal 2027 outlook. Analyst Corey Tarlowe notes that while revenue and EPS beat in the quarter, same-store fuel gallons decreased and grocery growth was below expectations.

- ServiceTitan (TTAN) shares tumble. The software company posted a second-quarter loss per share was wider than estimates. The company also provided a third-quarter revenue forecast range that came in shy of expectations. The company also announced the appointment of Rikus Pretorius as its next chief revenue officer.

See omnystudio.com/listener for privacy information.

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

On this episode of Stock Movers:

- Meta (META) shares are gaining with analysts positive on the Facebook parent after it debuted Muse, an AI assistant. Firms wrote that Meta is well positioned to succeed with the product.

- Lyft (LYFT) shares are higher as the ride-hailing company is starting to offer Waymo robotaxi rides in Nashville, marking the second US city where it’s providing driverless trips.

- Apple (AAPL) shares are on the move ahead of today's product unveil. Apple's stock has rallied 15% since June 25, driven by excitement about the new lineup of devices, particularly the foldable phone.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Lyft (LYFT) shares are higher as the ride-hailing company is starting to offer Waymo robotaxi rides in Nashville, marking the second US city where it’s providing driverless trips.
- Alphabet (GOOG) shares are moving lower even on news Google is planning its biggest investment in Europe, an artificial intelligence infrastructure build out worth at least €13 billion in Finland.
- Amazon (AMZN) shares are lower as it's planning to raise at least £3 billion from the sale of its debut sterling bonds in a four-part deal.

See omnystudio.com/listener for privacy information.