Stock Movers

On this episode of Stock Movers:
- Newmont (NEM) shares rise after the gold miner Newmont sold a 13.3% stake in Orla Mining, a Canadian mineral exploration company. eek: Newmont also agreed to sell its Coffee Project in the Yukon, Canada to Fuerte Metals Corporation for up to $150 million.
- Compass (COMP) shares fall after the company agreed to buy Anywhere Real Estate in a $1.5 billion stock deal. This would cement Compass’s status as the largest residential brokerage in the US.
- Coinbase (COIN) shares fall after the company raised $60 million in fresh venture funds. The new dollars will go partly toward tie-ups with Coinbase.

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On this episode of Stock Movers
Fox (FOXA) shares rise after President Donald Trump suggested that Lachlan Murdoch and his father Rupert Murdoch are involved in the US takeover of TikTok.
Pfizer (PFE) shares rise after the company announced they'll pay $4.9 billion for the obesity startup Metsera Inc. in a bid to catch up to rival drugmakers after failing to compete with its own weight-loss medications.
Kenvue (KVUE) shares fall after the Trump administration officials plan to link the active ingredient in Tylenol to autism and warn pregnant women against using the medication unless they have a fever.

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On this episode of Stock Movers:
- Pfizer (PFE) is moving as it agreed to buy the obesity startup Metsera Inc. for an enterprise value of about $4.9 billion to bolster its pipeline after a key weight-loss pill foundered. The US drugmaker will pay Metsera $47.50 in cash per share, and further payments of up to $22.50 per share if three specific and regulatory milestones are met, it said in a statement Monday. The deal represents a 43% premium to Metsera’s closing share price on Friday.
- Oracle (ORCL) is rising his morning on news would recreate and provide security for a new US version of TikTok's algorithm under a deal to sell the app to a consortium of American investors. Oracle will operate in partnership with the US government on everything from algorithm retraining to application development and source code review to ensure content is free from improper manipulation or surveillance.
- Alphabet (GOOG) shareholders are following news that the Justice Department is heading to court to force a breakup of Alphabet's Google, seeking to divest its advertising exchange AdX, which the department says is the best way to restore competition in the market for online display advertising. Google says a full divestiture of AdX isn’t needed and has proposed to make its ad tech tools work seamlessly with those of rivals, arguing that breaking apart integrated tools would harm website publishers and advertisers.

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On this episode of Stock Movers:
- Oracle (ORCL) is rising his morning on news would recreate and provide security for a new US version of TikTok's algorithm under a deal to sell the app to a consortium of American investors. Oracle will operate in partnership with the US government on everything from algorithm retraining to application development and source code review to ensure content is free from improper manipulation or surveillance.
- Kenvue (KVUE) is lower on a report from the Washington Post that Trump administration officials plan to link the active ingredient in Tylenol to autism and warn pregnant women against using the medication unless they have a fever. Kenvue, the maker of Tylenol, said "independent, sound science" shows taking acetaminophen does not cause autism and expressed concern over the health risk this poses for expecting mothers.
- Pfizer (PFE) is moving as it agreed to buy the obesity startup Metsera Inc. for an enterprise value of about $4.9 billion to bolster its pipeline after a key weight-loss pill foundered. The US drugmaker will pay Metsera $47.50 in cash per share, and further payments of up to $22.50 per share if three specific and regulatory milestones are met, it said in a statement Monday. The deal represents a 43% premium to Metsera’s closing share price on Friday.
- Amazon (AMZN), Microsoft (MSFT), and Meta (META) are among Mag 7 names mostly unchanged amid news of H-1B visas. President Trump signed a proclamation to overhaul the H-1B visa program, requiring a $100,000 fee for applications to curb overuse. The proclamation restricts entry under the H-1B program unless accompanied by the payment, and asserts that abuse of the H-1B pathway has displaced US workers.

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On this episode of Stock Movers:
- IAG and other European airline shares may be active, after airports in Berlin, London and Brussels faced continued delays on Sunday as a cyberattack on a key airline check-in system forced staff to process passengers manually.
- Porsche is hitting the brakes on electric vehicles, correcting an expensive strategy that’s depressed the luxury-car maker’s margins and is dragging down parent Volkswagen AG.
- BBVA raised the value of its takeover bid for Banco Sabadell SA by about 10% as it looks to convince investors in the smaller rival to tender their shares.

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On this episode of Stock Movers, we look at some of the biggest gainers and decliners of the week, including:

- Intel (INTC) shares rallied this week on news Nvidia agreed to invest $5 billion in the chipmaker and said the the two will co-develop chips for PCs and data centers, a surprise move to help prop up an ailing archrival that sent Intel shares soaring. Nvidia will buy Intel common stock at $23.28 per share, the two companies said on Thursday. Intel will use Nvidia’s graphics technology in upcoming personal computer chips and also provide its processors for data center products built around Nvidia hardware. Intel shares surged 23% at the close in New York on Thursday, the biggest single-day jump since October 1987. Nvidia stock gained 3.5% and has increased 31% this year.

- Oracle (ORCL) shares surged in trading on Friday on reports it's in in discussions with Meta Platforms Inc. for a cloud computing deal worth about $20 billion, providing further evidence that the company has become a significant infrastructure provider. Under the multiyear deal, Oracle would provide the social media giant with computing power for training and deploying artificial intelligence models, according to people familiar with the talks. The total commitment amount may increase and other deal terms could still change before a final agreement, said the people, who asked not to be named because the discussions were private.

- Darden Restaurants (DRI) shares slipped after several analysts reduced their price targets following the restaurant company's disappointing results on Thursday. Sales for the company’s core restaurant brands showed greater-than-expected deceleration from the previous quarter. Profits also trailed Street expectations for the quarter, hurt in part by food inflation, while slight boost to annual top-line forecasts fail to flow to the bottom line, which was maintained. 

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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.

- FedEx (FDX) shares rallied the day after it announced earnings. It expects a $1 billion hit from trade volatility this year, underscoring the impact of President Donald Trump’s tariffs and the loss of a key exemption for low-value goods. Most of that reduction to adjusted operating profit stems from lower shipments from China to the US — a highly profitable shipping lane that’s been hit hard by tariffs. About $300 million is due to the higher cost of clearing goods through customs, according to FedEx Chief Financial Officer John Dietrich. Investors embraced that the company reinstated full-year guidance.

- Apple (AAPL) shares rose as its new iPhone 17 sales opened to strong demand for pro models. It’s the first time since 2020 that Apple has rolled out several new phone designs. Alongside the new handsets, it also released into stores the Apple Watch SE, Watch Series 11, Watch Ultra 3 and AirPods Pro 3. The new phones, which bring a fresh look in addition to battery life and camera improvements, attracted long lines at Apple stores from Hong Kong to London to New York to Los Angeles. At the Fifth Avenue location in Manhattan, a line for walk-ins — people who hadn’t preordered a device to pick up — wrapped around the block, extending to Madison Avenue. Multiple shoppers interviewed by Bloomberg News indicated they were upgrading belatedly from Apple’s four-year-old iPhone 13 series.

- Oracle (ORCL) shares rose on reports its in in discussions with Meta Platforms for a cloud computing deal worth about $20 billion, providing further evidence that the company has become a significant infrastructure provider. Under the multiyear deal, Oracle would provide the social media giant with computing power for training and deploying artificial intelligence models, according to people familiar with the talks. The total commitment amount may increase and other deal terms could still change before a final agreement, said the people, who asked not to be named because the discussions were private.

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On this episode of Stock Movers:
- Fedex (FDX) expects a $1 billion hit from trade volatility this year due to President Donald Trump’s tariffs and the loss of a key exemption for low-value goods. The company reinstated its financial guidance, saying revenue will grow by 4% to 6% in the current fiscal year, and expects adjusted earnings in the 2026 fiscal year will be $17.20 to $19 a share. FedEx is working on internal initiatives to cut costs, including merging its air and ground networks, and expects its efforts to create $1 billion in permanent cost reductions. - Oklo (OKLO) rose 15%. Trading volume was quadruple the average for this time of day. The shares increased to $121.04 from $104.97. The stock was the best performer among its peers. The S&P 500 Index rose 0.2%.
- Netskope (NTSK) jumped 18% in its trading debut, after the cybersecurity firm raised $908.2 million in an initial public offering. The company’s cloud-native Netskope One platform incorporates artificial intelligence models to help companies protect customers from threats and keep sensitive data secure, according to the filings.

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On this episode of Stock Movers:
- Builder Lennar (LEN) forecast for quarterly home orders missed analysts’ estimates as affordability concerns and the wavering job market keep a lid on buyer demand. The company projected 20,000 to 21,000 contracts for its fiscal fourth quarter, according to a statement Thursday. Analysts expected 21,047, the average in a survey compiled by Bloomberg. - CoreWeave (CRWV) shares are up 0.3% in premarket trading, after Loop Capital started coverage on the cloud-computing provider with a buy rating and $165 price target.
- Intuit (INTU) shares are up 3.3% on Friday, with Wall Street firms positive on the tax-preparation software company in the wake of its analyst day event.

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On this episode of Stock Movers:
- FedEx (FDX) is higher after it reinstated its profit and sales forecast, saying revenue will grow by 4% to 6% in the current fiscal year, and expects adjusted earnings in the 2026 fiscal year will be $17.20 to $19 a share. Still, the company said it expects a $1 billion hit from trade volatility this year due to President Donald Trump’s tariffs and the loss of a key exemption for low-value goods.
- Lennar (LEN) is moving to the downside as its forecast for quarterly home orders missed analysts' estimates due to affordability concerns and the wavering job market. Lennar's results "reflect both the continued pressures of today's housing market and the consistency of Lennar's operating strategy," according to Co-Chief Executive Officer Stuart Miller.
- Intel (INTC) is falling as Citigroup downgrades to sell from neutral, pointing to the beleaguered chipmaker’s rich valuation. The stock rallied 23% on Thursday after Nvidia agreed to invest $5 billion in the company. Analyst Christopher Danely says “the stock is pricing in success in its leading-edge foundry business, which we believe has minimal chance to succeed.”

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