Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Medtronic (MDT) announced a binding agreement with Cornerstone Robotics valued at ~$700m, granting Medtronic rights to distribute Cornerstone’s Sentire surgical system in select markets outside the US.
- Fervo Energy (FRVO) energy shares jump 15% ahead of the bell after WSJ says the company has signed a “major deal” to sell power to Alphabet’s Google from a Utah project that it plans to turn into the “world’s largest enhanced geothermal facility.”
- Shares of Micron Technology (MU) dip after the Taipei-based Liberty Times reported that Micron will deliver its highest incentive pay plan to its Taiwan-based employees in response to a potential strike by its labor union.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Reckitt Benckiser Group Plc shares rebounded after a US jury sided with the company in a bellwether trial among a group of cases alleging that formula for premature babies is linked to a deadly bowel disease.
- Veritas Capital agreed to buy Bodycote Plc for around £1.65 billion ($2.2 billion), after raising its bid to trump CVC Advisers Ltd.
- Elliott Investment Management has taken a stake in Air Liquide SA, pushing the industrial gas supplier to improve margins, according to people familiar with the matter.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Shell Plc trading volume jumped to more than seven times the 20-day average for this time of day.
- Private equity firm Epiris has agreed to buy Gamma Communications Plc for about £1 billion ($1.4 billion), following a months-long takeover saga for the European enterprise communications provider.
- CVC Advisers is considering its position regarding Bodycote after the firm intention announcement made by Veritas, according to a statement.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Shares in Minimax, one of the listed LLM players in the video space, are up as much as 5% on strong demand for AI short videos in China.
- Nvidia Corp.’s $3.5 billion outlay in MediaTek Inc., its largest direct investment outside the US, has thrust a little-known Taiwanese chip designer into the center of the global AI infrastructure boom.Taipei-listed MediaTek gained 10% or $20 billion of market value Tuesday after Nvidia agreed to buy bonds convertible into MediaTek shares.
- Shein Global Holdings Ltd. struggled in its Hong Kong debut after a years-long process to an initial public offering that eventually valued the company at a fraction of what it was once worth and still left investors questioning its value as consumer play.

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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:

- Akamai Technologies (AKAM) shares are up 1.5% in extended trading after Piper Sandler raised the recommendation on the software company to overweight from neutral.

-Duolingo (DUOL) shares are up 2.5% in extended trading, after Evercore ISI upgraded the language-learning software company to outperform from inline. Analyst Mark Mahaney sees an opportunity following severe weakness in the stock, which is down more than 70% off a peak hit in mid-2025

-Shares in Howmet Aerospace (HWM), GE Vernova (GEV), and Siemens Energy (ENR) dropped as Elon Musk took to X to confirm a press report that SpaceX will be casting the parts for natural gas turbines that can ease a supply bottleneck in the industry. Shares of Howmet Aerospace drop as much as 9.2%, the most intraday since July 2025. The company supplies both GE Vernova and Siemens, according to data compiled by Bloomberg

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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:

- Amazon.com (AMZN) shares extend drop to as much as 3.5% after the WSJ reported that the Federal Trade Commission plans to file a lawsuit against the e-commerce giant on Monday alleging that the company manipulated prices businesses paid to advertise on its retail platform. The lawsuit will allege that Amazon deceived advertisers by secretly raising the minimum price advertisers had to pay to place ads promoting their products. Advertisers allegedly suffered billions of dollars in harm by paying higher prices for ads, and the states joining the lawsuit could attempt to claw some of that money back.

- Shares of PG&E Corp., (PCG) Edison International (EDX) and Sempra plunged after an effort by California Governor Gavin Newsom to shift wildfire liabilities from the state’s utilities failed. At least three analysts cut their recommendations on utilities stocks after California lawmakers introduced a bill that would update the state’s wildfire response, but would not move liability away from publicly traded utilities. The utilities had advocated for being shielded from wildfire-related lawsuits, with PG&E saying the bill "does not adequately address the financing risks created by California’s current wildfire liability framework".

-Deere (DE) and Agco climb 2% after Baird turned bullish on the pair, saying corn and soy futures are reaching levels that will lead to higher agricultural machine demand.

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On this episode of Stock Movers:

-Edison International (EIX) shares drop. Shares of PG&E Corp. and Sempra also plunged after an effort by California Governor Gavin Newsom to shift wildfire liabilities from the state’s utilities failed. At least three analysts cut their recommendations on utilities stocks after California lawmakers introduced a bill that would update the state’s wildfire response, but would not move liability away from publicly traded utilities.

-Crowdstrike (CRWD) shares rise. Clear Secure, an airport security firm, announced a strategic partnership with CrowdStrike that integrates its CLEAR1 identity platform with the CrowdStrike Falcon platform. The partnership will help companies fight security threats.

- Take-Two Interactive Software (TTWO) shares fall. Rockstar has shown fans a 26-minute preview of the upcoming blockbuster video game Grand Theft Auto 6. Its "extended look" debuted on Netflix. This came after a series of leaks in recent days as an individual or group calling themselves “CyberLeek” began publishing new footage online.

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On this episode of Stock Movers:

- PG&E (PCG) shares drop. Edison International and Sempra also plunged after unfavorable California wildfire legislation prompted analyst downgrades. California lawmakers introduced a bill that would update the state’s wildfire response, but would not shift liability away from publicly traded utilities. At least three analysts cut their recommendations on utilities stocks, citing the lack of liability protection and the risk of wildfire-related lawsuits.

- Chevron (CVX) shares rise. The stock along with oil prices jumped after Tehran claimed a supertanker in the Strait of Hormuz caught fire and the U.S. and Iran traded attacks. The U.S. and Iran traded attacks for the first time in weeks, with the U.S. targeting mine launchers and Iran firing on a U.S. base in Jordan and military targets in the United Arab Emirates. The U.S. will control a 55% stake of a new company to which Venezuela has given the rights to tap new oil fields for 100 years, according to a deal announced by President Donald Trump.

- Apple (APPL) shares are down. Apple’s changing of the guard will be gradual, with outgoing CEO Tim Cook. On Sept. 1, John Ternus will take the reins.

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

On this episode of Stock Movers:

- PG&E (PGE) are extending their downward move as California legislators introduced a bill that would update the state’s wildfire response without shifting liability away from publicly traded utilities. At least three research firms, including BMO Capital Markets and Wells Fargo, downgraded the stock.  

- Chevon (CVX) and ExxonMobil (XOM) shares are rising along with the price of oil. Washington and Tehran exchanged strikes for the first time in about a month, with US Central Command targeting rocket launchers preparing to send mines into the Strait of Hormuz. In response, the Islamic Revolutionary Guard Corps said that it had attacked US air bases in Jordan.

- Nvidia (NVDA) shares are rising after the leader in AI chips dropped 4.6% Friday. Its the only stock rising in the Mag 7 on Monday. 

See omnystudio.com/listener for privacy information.

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

On this episode of Stock Movers:

- PG&E (PGE) are extending their downward move as California legislators introduced a bill that would update the state’s wildfire response without shifting liability away from publicly traded utilities. At least three research firms, including BMO Capital Markets and Wells Fargo, downgraded the stock. 

- Chevon (CVX) and ExxonMobil (XOM) shares are rising along with the price of oil. Washington and Tehran exchanged strikes for the first time in about a month, with US Central Command targeting rocket launchers preparing to send mines into the Strait of Hormuz. In response, the Islamic Revolutionary Guard Corps said that it had attacked US air bases in Jordan.

See omnystudio.com/listener for privacy information.