Stock Movers

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

On this episode of Stock Movers:

- Apple (AAPL) shares hit their first record of 2025 after Loop Capital upgraded the stock to buy from hold, becoming the latest firm to cite positive iPhone demand trends. The recent strength comes amid signs of stronger-than-expected demand for its latest iPhone lineup, with the iPhone 17 series outselling the iPhone 16 by 14% over their respective first 10 days on sale in the US and China.

- Cleveland-Cliffs (CLF) shares closed 21.47% higher after the company posted stronger-than-expected earnings and disclosed a pact with another metal producer. The company said it discovered two sites with potential to produce rare earth minerals, one in Michigan and another in Minnesota, and is evaluating whether rare earth minerals can be extracted from its mines.

- AppLovin (APP) was the worst performer in the S&P today after the New York Post reported that state regulators have reached out to multiple short sellers in a possible preliminary probe on the mobile advertising company.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
 
- Apple (APPL) shares hit their first record of 2025 after Loop Capital upgraded the stock to buy from hold, becoming the latest firm to cite positive iPhone demand trends.

- AppLovin (APP) shares sink in the worst intraday fall in two weeks after the New York Post reports that state regulators have reached out to multiple short sellers in a possible preliminary probe on the mobile advertising company. 

- BNP Paribas (BNPQY) drops after a court ruling linked it to human rights abuses in Sudan, triggering speculation the firm will ultimately have to pay billions of dollars to settle related cases.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Lululemon (LULU) shares gain after BNP Paribas Exane analyst Laurent Vasilescu raised his team’s recommendation on the athletic clothing company to neutral from underperform.
- USA Rare Earth (USAR) is up. Rare earth and critical minerals stocks rose as William Blair analyst Neal Dingmann initiates the companies at outperform as he sees the government potentially taking a stake in them.
- AppLovin (APP) shares fell after the New York Post reported that state regulators have reached out to multiple short sellers in a possible preliminary probe on the mobile advertising company.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- MARA Holdings (MARA) shares rise. Cryptocurrency-exposed stocks are rallying as shares of the large-scale computing firms that make Bitcoin work are once again outperforming the original cryptocurrency.
- Lululemon (LULU) shares gain after BNP Paribas Exane analyst Laurent Vasilescu raised his team’s recommendation on the athletic clothing company to neutral from underperform.
- USA Rare Earth (USAR) is up. Rare earth and critical minerals stocks rose as William Blair analyst Neal Dingmann initiates the companies at outperform as he sees the government potentially taking a stake in them.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Apple (AAPL) is moving with share poised to open near record levels on Monday after Loop Capital upgraded the stock to buy from hold, citing more positive iPhone demand trends. Loop Capital raised its price target on the stock to $315, implying upside of about 25% off Friday’s close, and analyst Ananda Baruah writes that Apple is at the front end of its long-anticipated adoption cycle.
- Boeing (BA) is higher as the company secured the backing of US aviation regulators to raise production of its 737 jetliner to 42 jets a month. The Federal Aviation Administration conducted extensive reviews of Boeing's production lines to ensure the production rate increase will be done safely.
- Liberty Energy (LBRT) is popping as oil frackers enter the data center power trade.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Amazon (AMZN) shares are moving up and down following an AWS disruption. Amazon Web Services said its cloud service had recovered significantly after a disruption on Monday. The disruption was caused by a problem with a regional gateway on the US East Coast, and "most requests should now be succeeding." The issue affected a range of customers, including government agencies, AI companies, financial platforms, and other sites such as Coinbase, Robinhood, and Tottenham Hotspur.
- Boeing (BA) is higher as the company secured the backing of US aviation regulators to raise production of its 737 jetliner to 42 jets a month. The Federal Aviation Administration conducted extensive reviews of Boeing's production lines to ensure the production rate increase will be done safely.
- Liberty Energy (LBRT) is popping as oil frackers enter the data center power trade.
- Beyond Meat (BYND) is up as the meme stock frenzy drives the stock higher. It comes after Beyond Meat's shareholder wipeout last week.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Kering agreed to sell its beauty division to L’Oreal SA as part of a long-term strategic alliance, its stock having risen about 36% since the start of the year.
_ Holcim is set to acquire Xella, a European walling systems company, in a €1.85 billion ($2.2 billion) deal expanding its building solutions business following the spin off of its North American unit.
- TKMS, Germany's largest warship-maker and the spin-off of defence group Thyssenkrupp, rose as high as €75 a share up from €60 in the first minutes of its trading debut.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Kering agreed to sell its beauty division to L’Oreal SA as part of a long-term strategic alliance. Shares of Kering rose as much as 5% in early trading on Monday morning. The stock has risen about 36% since the start of the year.
- B&M European Value Retail shares drop as much as 20% to hit an all-time low, after the retailer cut its guidance less than two weeks after issuing a profit warning, while announcing Chief Financial Officer Mike Schmidt is stepping down.
- European defense stocks rebound from last week’s slide after conflict reignited in Gaza over the weekend.Biggest gainers include Renk (+5.4%), Theon (+4.4%), Hensoldt (+3.8%), Rheinmetall (+3.4%).

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers, we take a look at some of the week's biggest movers:

- AMD (AMD) landed a major order from Oracle for its forthcoming MI450 chips, a sign it’s making headway in its pursuit of Nvidia Corp. in the booming market for AI processors. Oracle will put 50,000 of the semiconductors in data center computers starting in the third quarter of 2026, according to a statement Tuesday. The systems will contain AMD processors and networking components. It’s also another endorsement of AMD technology. The Santa Clara, California-based company is working to become a credible alternative to Nvidia, the dominant provider of AI processors. Shares of the chipmaker rose as much as 4% in New York on Monday.

- US bank stocks stabilized Friday as a new set of earnings from regional lenders was solid, helping ease concerns over credit quality that sparked a sharp selloff. The S&P Regional Banks Select Industry Index jumped 1.7% Friday, with Zions Bancorp (ZION) and Truist Financial Corp among the top performers. The modest rebound follows a 6.3% plunge on Thursday, led by Zions and Western Alliance Bancorp (WAL) after they said they were victims of fraud on loans to funds that invest in distressed commercial mortgages. 

- Gold’s rally has awed Wall Street for months. Gold miners have done even better - so well that investors are now asking whether historic gains in shares of Newmont (NEM) Agnico Eagle Mines (AEM) and their competitors have gone too far. The NYSE Arca Gold Miners Index (GDM) was down 6% at 4:10 p.m. in New York on Friday, the biggest drop since May, while bullion fell more than 2%. Newmont sank 7.6%, Agnico Eagle Mines slid 6% and Barrick Mining Corp. retreated 6.5%. The trio had each enjoyed gains of more than 100% this year, while gold gained just over 60%.

See omnystudio.com/listener for privacy information.

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Bailey Lipshultz and Carol Massar.

On this episode of Stock Movers:

- Truist Financial (TFC) shares rise after the firm told investors during its earnings conference call that while the bank had no exposure to bankrupt Tricolor Holdings, it has some exposure to First Brands. The bank accounted for this in its non-performing loans, loan loss reserve and 2025 net charge-off guidance, per CFO Mike Maguire.

- American Express (AXP) reported earnings that beat expectations after unveiling the long-anticipated Platinum credit card refresh last month. Initial demand for the revamped Platinum card exceeded the firm’s predictions, with US Platinum account acquisitions doubling from pre-refresh levels. The firm raised the lower end of its full-year guidance, with revenue now expected to grow 9% to 10% and earnings likely to total $15.20 to $15.50 a share.

- Oracle (ORCL) fell after giving its long-range financial outlook, suggesting investors anticipated a bigger boost from its investment in AI infrastructure. The company said overall annual revenue would total $225 billion by fiscal 2030, and the cloud infrastructure business would produce $144 billion in sales by then. Investors have expressed concern about the profitability of Oracle's AI effort, but the company said an infrastructure project for AI would have a gross margin of 35%.

See omnystudio.com/listener for privacy information.