Stock Movers

On this episode of Stock Movers, we take a look at some of this past week's biggest gainers and decliners:

- Fair Isaac (FICO) surged after the credit scoring company unveiled new pricing models that will allow mortgage lenders to calculate and distribute FICO Scores directly to borrowers. Lenders currently rely on the three nationwide credit bureaus, TransUnion, Equifax and Experian, to provide FICO scores. Under Fair Isaac's new offerings, lenders can choose to avoid credit bureaus' markup fees, though they would pay Fair Isaac $33 per borrower per score when a FICO-scored loan is closed.

- Carnival (CCL) shares slumped this week following the release of third-quarter earnings. The cruise line's net yields guidance for the fourth quarter trailed some expectations, and comments on cost headwinds in 2026. Still, analysts defended the stock, and see opportunities to offset cost pressures. Shares had been up 23% this year heading into Monday's print.

- Pfizer (PFE) helped lead pharmaceutical stocks to their best week in 23 years as a drug-pricing and tariff deal with the US government helped ease an overhang that’s been weighing on the sector for most of the year. Pfizer spurred the group’s advance on Tuesday when it agreed to slash some of its drug prices for Americans enrolled in the Medicaid insurance program in exchange for a three-year reprieve on import tariffs. The New York-based company also agreed to invest $70 billion in the US as part of an agreement with President Donald Trump.

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On this episode of 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, Carol Massar and Tim Stenovec.
- USA Rare Earth (USAR) shares rose on word that the company is in close communication with the Trump administration, when asked whether the company would be open to a deal with the US government.
- Rumble (RUM) share rallied after it entered a strategic partnership with Perplexity to develop a new subscription model combining the pro features of each platform.
- Palantir (PLTR)'s stock fell more than 8% on Friday following a report that its battlefield communications system, along with that of defense tech firm Anduril, was seriously flawed — a claim both companies said was out of date and inaccurate. In a statement Friday, Palantir said that issues in the report, published by Reuters, had already been addressed. The report centered on a September Army memo expressing concerns over Anduril’s NGC2 prototype system, which stands for Next Generation Command and Control, and includes subcontractors Palantir and Microsoft Corp. The Army has said the problems with the system were “mitigated immediately,” Palantir said, adding, “No vulnerabilities were found in the Palantir platform.”

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On this episode of Stock Movers:
- A UnitedHealth (UNH) shareholder has filed a proposal to require an independent board chair distinct from the chief executive officer, roles that were combined when Stephen Hemsley returned to lead the company this year. The proposal from a nonprofit advocacy group called the Accountability Board, if approved by shareholders, would ask the board to amend the company’s bylaws to codify an independent board chair. Shares of UnitedHealth traded higher.
- USA Rare Earth (USAR) shares rose on word that the company is in close communication with the Trump administration, when asked whether the company would be open to a deal with the US government.
- Rivian (RIVN) is reworking a key element of its vehicle doors after employees and customers raised concerns over potential safety issues with the current design, according to people familiar with the matter. Rivian plans to incorporate a manual release that’s more clearly visible and located near the electrically powered interior handles in the rear doors of its next-generation SUV, said the people, who asked not to be identified discussing private information. The new lower-cost model line known as R2 is slated for deliveries to begin in the first half of 2026. Shares of the EV-maker rose.

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On this episode of Stock Movers:
-BlackRock (BLK) shares fall with news that the firm is advanced talks to acquire Aligned Data Centers, which could be valued at about $40 billion in a transaction.
-Rivian (RIVN) shares drop on news that the company is reworking a key element of its vehicle doors after employees and customers raised concerns over potential safety issues with the current design.
-Baidu (BIDU) shares rise after Morgan Stanley raised its price target on the China-based search engine to $140 from $100. Maintains equal-weight rating.

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On this episode of Stock Movers:
-Apple (AAPL) shares fell after Jefferies downgraded the iPhone maker to underperform from hold.
-Applied Materials (AMAT) shares dropped after the company said net revenue for FY 2026 is set to decrease by $600 million due to a new rule by the US Department of Commerce’s Bureau of Industry and Security.
-Boeing (BA) shares slumped after the plane maker delayed their new 777X to fly for the first time in early 2027. The delay could result in potentially billions of dollars in accounting charges, with analysts estimating the non-cash accounting charge could run from $2.5 billion to as much as $4 billion.

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On this episode of Stock Movers:
- Applied Materials (AMAT) shares are lower after warning an expansion of rules that restrict the export of its products to China will take another chunk out of its revenue. The US Commerce Department’s Bureau of Industry and Security has issued a new rule this week that widens the range of companies subject to export restrictions, Applied Materials said in a regulatory filing Thursday. The company expects that to cost it $600 million in lost revenue in fiscal 2026, which runs through next October.
- TSMC (TSMC) is rallying on news Huawei's Ascend AI processors were found to contain advanced components from Taiwan Semiconductor Manufacturing Co., Samsung Electronics Co., and SK Hynix Inc. Huawei's reliance on foreign hardware highlights China's struggle to boost domestic production of AI semiconductors, with the company's access to foreign goods being of crucial importance due to US export restrictions.
- Rumble (RUM) is gaining after entering into a strategic partnership with Perplexity to develop a new subscription model combining the pro features of each platform.
- Boeing (BA) is showing little movement but investors are following news that the company is slated to fly its 777X commercially for the first time in early 2027, a fresh setback to the US planemaker. The delay could result in potentially billions of dollars in accounting charges, with analysts estimating the non-cash accounting charge could run from $2.5 billion to as much as $4 billion.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Applied Materials (AMAT) shares are lower after warning an expansion of rules that restrict the export of its products to China will take another chunk out of its revenue. The US Commerce Department’s Bureau of Industry and Security has issued a new rule this week that widens the range of companies subject to export restrictions, Applied Materials said in a regulatory filing Thursday. The company expects that to cost it $600 million in lost revenue in fiscal 2026, which runs through next October.
- TSMC (TSMC) is rallying on news Huawei's Ascend AI processors were found to contain advanced components from Taiwan Semiconductor Manufacturing Co., Samsung Electronics Co., and SK Hynix Inc. Huawei's reliance on foreign hardware highlights China's struggle to boost domestic production of AI semiconductors, with the company's access to foreign goods being of crucial importance due to US export restrictions.
- Rumble (RUM) is gaining after entering into a strategic partnership with Perplexity to develop a new subscription model combining the pro features of each platform.
- Tesla (TSLA) is rebounding after seesawing yesterday. It reported strong sales numbers yesterday, then the stock dropped, and is back higher in the premarket. The automaker posted a record quarter of vehicle sales, but it will be difficult to replicate now that federal electric-car subsidies have expired.

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On this episode of Stock Movers:
- Rheinmetall rose along with other European defense companies as drone sightings, such as those around Munich airport, suggested an expansion of tensions towards western Europe.
- Legrand shares hit a record high, after the French electrical devices maker acquired Avtron Power Solutions for an enterprise value of $1.1 billion.
- Raiffeisen was up on reports the EU would lift sanctions on assets linked to Russian oligarch Oleg Deripaska to compensate the bank for damages it had to pay in Russia.

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On this episode of Stock Movers:
- Robinhood (HOOD) is exploring an expansion of its prediction markets product to countries outside of the US, a move that would broaden the reach of the already fast-growing and often controversial industry. The brokerage has been speaking to overseas regulators like the UK’s Financial Conduct Authority about how it might offer prediction markets locally, as demand for the space continues to grow. At issue is how such products might be structured and regulated — while prediction markets are considered futures products in the US, they’re often lumped in with gambling in other regions. Shares have rallied this week on the news.
- Occidental (OXY) shares fell as much as 4% on Thursday, after the company agreed to sell its OxyChem petrochemical unit to Berkshire Hathaway Inc. for about $9.7 billion in cash. Analysts see the deal de-leveraging the company, but note that the sale is below the $10 billion that had been expected.
- Stellantis (STLA) is mulling a potential sale of its car-sharing business Free2move as Chief Executive Officer Antonio Filosa looks to turn around the ailing automaker, according to people familiar with the situation. Shares of Stellantis rose as much as 7.6% in Milan on Thursday following the news. The company has a market value of about €24 billion ($28 billion).

See omnystudio.com/listener for privacy information.

On this episode of 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, Carol Massar and Tim Stenovec.

- Fair Isaac (FICO), better known as FICO, will now sell credit scores directly to mortgage resellers, a move that sent shares of third-party credit bureaus plunging. Through a new program, mortgage resellers will be able to calculate and distribute credit scores directly to customers, reducing their reliance on credit bureaus. This will bring more price transparency and savings for mortgage lenders, mortgage brokers and other industry participants, FICO said in a statement. Shares of FICO rallied. 

- Tesla (TSLA) shares fell after the automaker posted a record quarter of vehicle sales that will be difficult to replicate now that federal electric-car subsidies have expired. The company delivered 497,099 vehicles worldwide in the most recent quarter, 7.4% more than a year ago. Although the total far exceeds the roughly 439,600 average analyst estimate compiled by Bloomberg, Tesla’s shares slumped Thursday following a record monthly gain in market capitalization.

- Occidental (OXY) is done with monster dealmaking after reaching its asset-sales target with the $9.7 billion chemical-unit sale to Berkshire Hathaway Inc. Following the Texas oil driller’s transformational purchase of CrownRock LP for $10.8 billion in August 2024, Hollub targeted as much as $6 billion in asset sales to whittle away debt. As of early August, the company already was roughly two-thirds of the way to that goal. Shares declined. 

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