Stock Movers

On this episode of Stock Movers:
- Nivida (NVDA) shares fall. Semiconductor analysts are mixed on the news that Nvidia and Advanced Micro Devices will pay 15% of their revenues from Chinese AI chip sales to the US government in order to secure export licenses. While they see upside from the China market, they worry about the precedent.
- Micron (MU) shares rise. Micron Technology Inc. raised its fiscal fourth-quarter revenue and earnings outlook, citing “improved pricing” for a key product. - Tilray Brands (TLRY) rises. Stocks of cannabis producers are climbing Monday morning after the Wall Street Journal reported that US President Donald Trump is considering reclassifying marijuana as a less dangerous drug.

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On this episode of Stock Movers:
- Coinbase (COIN) is pushing higher along with the broader crypto space. Cryptocurrency-exposed stocks rally in premarket trading Monday as Bitcoin extended gains to rise to within striking distance of an all-time high.
- Nvidia (NVDA) and Advanced Micro Devices (AMD) are slipping this morning on news both companies agreed to pay 15% of their revenues from Chinese AI chip sales to the US government in a deal to secure export licenses. The arrangement reflects President Trump’s effort to engineer a financial payout for America in return for concessions on trade, according to the text.
- Rumble (RUM) shares climbed in premarket trading on Monday as the online video network platform announces its intent to buy AI firm Northern Data. Meanwhile, shares in Northern Data AG sink as much as 29%. "Rumble has notified Northern Data of its interest in a potential all-stock exchange offer for 100% of the outstanding shares of Northern Data,” the company said in a statement on Sunday
- Monday.com (MNDY) posted better-than-expected financial results, but the shares are taking a dive in premarket trading due to Q3 guidance.

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On this episode of Stock Movers:
- Coinbase (COIN) is pushing higher along with the broader crypto space. Cryptocurrency-exposed stocks rally in premarket trading Monday as Bitcoin extended gains to rise to within striking distance of an all-time high.
- Nvidia (NVDA) and Advanced Micro Devices (AMD) are slipping this morning on news both companies agreed to pay 15% of their revenues from Chinese AI chip sales to the US government in a deal to secure export licenses. The arrangement reflects President Trump’s effort to engineer a financial payout for America in return for concessions on trade, according to the text.
- Albermarle (ALB) shares are higher as the lithium markets soar after Contemporary Amperex Technology Co. Ltd. halted operations at a major mine in China, spurring speculation that Beijing might move to suspend other projects. The mine's closure had been under scrutiny amid speculation that authorities wouldn’t extend its license, and it accounts for some of global output, according to Bank of America Corp.

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On this episode of Stock Movers:
- Shares in Danish company Orsted A/S dropped as much as 24% after it announced it will conduct a rights offering to raise as much as 60 billion Danish kroner ($9.4 billion).
-S4 Capital, the advertising agency founded by Martin Sorrell, is in talks to combine with private equity-owned MSQ Partners.
- European defense stocks are significantly underperforming on Monday morning, with markets looking to US President Donald Trump’s efforts to broker an agreement to end the war in Ukraine through a planned meeting with Russian President Vladimir Putin later this week.

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Walt Disney Co. disappointed Wall Street with a tepid full-year profit forecast, weighed down by its struggling movie and TV businesses.   

Earnings should increase 18% to $5.85 share in fiscal 2025, excluding some costs, the company said Wednesday. That outlook was less than some analysts had been expecting and put a damper on a mostly positive third-quarter report that showed strength in theme parks and streaming, two growth businesses.   

Disney expects to generate $1.3 billion of operating income from its direct-to-consumer streaming business in fiscal 2025, which ends in September, up from a previous forecast of $1 billion. Management also expects operating income from the parks business to increase 8% in the current fiscal year — at the top end of previous guidance.  

Revenue from Disney’s traditional TV networks, which include ABC and National Geographic, fell 15% in the quarter to $2.27 billion. Operating income tumbled 28% to $697 million due to a decline in viewers and lower advertising rates.   

The unit that includes the Disney film studios lost $21 million in the quarter, hurt by the disappointing theatrical performance of the Pixar film Elio and Thunderbolts* from Marvel Studios. The loss was likely due to write downs associated with those features, analysts at Barclays Research wrote in a note.   

For analysis, Paul Sweeney and Isabelle Lee speak with Bloomberg Intelligence Senior Analyst Geetha Ranganathan.

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On this episode of Stock Movers:

- Apple (AAPL) accounted for about a third of of the S&P 500’s weekly gain after announcing a further massive investment in US manufacturing, which should mitigate tariff costs over the longer term.

- Eli Lilly (LLY) had its worst week since 2008 after investors reacted to disappointing data on weight loss pill. The new weight-loss pill had lower weight loss and higher rates of nausea and vomiting than anticipated in a study, according to the company. BMO analyst Evan Seigerman said of Lilly's pill, "What this shows to me is that it's still a good drug, but it's bound by the limitations of being a GLP-1" drug. Lilly Chief Scientific Medical Officer Daniel Skovronsky said, "I know Wall Street has kind of focused on the exact numbers here and making cross-trial comparisons, but I don't think that carries over to the real world at all," in response to the study's results.

- Trade Desk (TTD) was down 39% today as analysts downgraded the stock amid growing fears that its advertising technology will be impacted by Amazon's offerings. The central concern for analysts is improvements Amazon has made to its demand-side platform, where advertisers buy ad space designed to reach relevant online audiences. According to Richard Greenfield, an analyst at Lightshed Partners, Trade Desk Chief Executive Officer Jeff Green's comments dismissing competition from Amazon "should scare any investor who owns Trade Desk stock or is thinking about investing in it".

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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 Katie Griefeld, Scarlet Fu, Carol Massar and Jess Menton.

On this episode of Stock Movers:
- The Trump administration is considering selling shares of Fannie Mae (FNMA) and Freddie Mac (FMCC) in an offering that could start as early as this year, according to senior administration officials. The plan could value the government-controlled mortgage giants at some $500 billion or more and would involve selling between 5% and 15% of their stock with an offering expected to raise about $30 billion. No final decision has been made and President Donald Trump is still weighing his options, one official said. The Wall Street Journal earlier reported the news. Shares of both Fannie Mae and Freddie Mac surged as much as 22% in Friday trading, the most in more than two months.
- Gilead Sciences (GILD) lifted its full-year outlook after strong HIV drug sales in the second quarter helped revenue and earnings modestly beat analyst expectations. The company now expects profit excluding some items will be as much as $8.25 a share this year, up from a prior forecast of as much as $8.10. The drugmaker also raised its guidance for annual product sales by about $100 million.

- Under Armour (UAA) plummeted after forecasting worse-than-expected sales and profit for the current quarter, stalling a turnaround plan that was taking hold. The Baltimore, Maryland-based brand said revenue for its second quarter is expected to fall between 6% and 7%. Analysts on average projected a drop of almost 3%. Shares of the athletic-wear brand company dropped as much as 21% in New York. So far this year, the stock had declined almost 20% as of the close on Thursday.

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On this episode of Stock Movers:

- Trade Desk (TTD) analysts are bailing on the one-time market favorite amid growing fears that its advertising technology will get steamrolled by Amazon.com Inc.’s offerings. At least four firms downgraded the stock in the wake of its results and forecast, which crystallized concerns over its growth prospects in a future where Amazon is a more pronounced player.

- Sweetgreen (SG) is lower after it slashed its sales guidance after a second straight quarter of disappointing results, highlighting the salad chain’s struggles to sell $15 salads to budget-strained diners. CEO Jonathan Neman said the quarter’s performance reflected macroeconomic challenges and subdued trends in the industry, particularly in several of the company’s biggest urban markets. Sweetgreen is also discontinuing its ripple fries, Neman said, citing the complexity the menu item added to kitchens

- Heartflow (HTFL) shares surged 66% after the artificial intelligence software platform focused on heart disease raised $317 million in its initial public offering. Shares of the Mountain View, California-based company traded at $31.49 each on Friday as of 1:01 p.m. in New York, versus an IPO price of $19 apiece. The offering of 16.67 million shares by the company priced above range, after the stock was marketed for $17 to $18 each. The trading gives Heartflow a market value of about $2.6 billion based on the outstanding shares listed in its filings.

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On this episode of Stock Movers:
- Block (XYZ) shares rise after the company beat estimates and raised its full-year profit guidance. JPMorgan said the quarter was “impressive.”
- Pinterest (PINS) shares slump after the search and discovery company reported adjusted second-quarter earnings that missed expectations.
- Trade Desk (TTD) shares drop after the advertising technology company reported second-quarter results that spurred multiple downgrades. Firms note growing concerns about competition from Amazon.

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On this episode of Stock Movers:
- Expedia (EXPE) are up after the online travel agency reported second-quarter results that beat expectations and raised its full-year forecast. Shares see likely resistance near $218 dating back to 2022’s previous record.
- Under Armour (UAA) is lower after forecasting worse-than-expected sales and profit for the current quarter, stalling a turnaround plan that was taking hold. The Baltimore, Maryland-based brand said revenue for its second quarter is expected to fall between 6% and 7%. Analysts on average projected a drop of almost 3%. So far this year, the stock had declined almost 20% as of the close on Thursday.
- Pinterest (PINS) slumped in premarket trading after the search and discovery company reported adjusted second-quarter earnings that missed expectations. It also gave an Ebitda outlook in the range of $282 million to $302 million, compared with the consensus analyst estimate of $292.4 million. Bloomberg Intelligence highlighted ad-pricing weakness as a headwind to growth.
- Sweetgreen (SG) is lower after it slashed its sales guidance after a second straight quarter of disappointing results, highlighting the salad chain’s struggles to sell $15 salads to budget-strained diners. CEO Jonathan Neman said the quarter’s performance reflected macroeconomic challenges and subdued trends in the industry, particularly in several of the company’s biggest urban markets. Sweetgreen is also discontinuing its ripple fries, Neman said, citing the complexity the menu item added to kitchens.

See omnystudio.com/listener for privacy information.