Stock Movers

On this episode of Stock Movers:
- Sainsbury's has reported strong sales growth after the grocer used price-matching and promotions linked to its loyalty program to entice customers with food inflation accelerating across the UK.
- Zealand Pharma shares rose as much as 5.1%, the most in six weeks, after BNP Paribas Exane analysts initiated coverage on the stock with an outperform recommendation, saying the “attractive” risk-reward at current levels is “difficult to ignore.”
- UK house prices fell the most in more than two years in June, in a sign buyers are under pressure after an increase in transaction taxes in April, according to one of Britain’s top mortgage lenders.

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On this edition of Stock Movers:

- Hewlett Packard Enterprise (HPE) and Juniper Networks (JNPR) shares rose after the two tech firms and the Department of Justice announced they had reached a deal for both companies to merge.

- NextEra Energy (NEE) and other renewable energy companies fell after Republican lawmakers are debating a bill that ramps up President Donald Trump’s assault on wind and solar power, a worse-than-expected jolt that would drive up costs for clean energy while providing aid for fossil fuels.

- Robinhood (HOOD) shares hit a record high after the company is rolling out tokenized US securities available to 150,000 customers in 30 countries, 24 hours a day, five days a week. The company will own the shares backing the tokens, a spokesperson said, and while token holders will have most of the benefits of the underlying security, including dividends, voting rights won’t be initially supported. Bloomberg News previously reported that the product was in development.

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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, Scarlet Fu, Carol Massar and Matt Miller.

- Oracle (ORCL) shares were higher after it said it signed a single cloud deal worth $30 billion in annual revenue — more than the current size of its entire cloud infrastructure business. That revenue is expected to start flowing in the fiscal year 2028, Oracle disclosed in a regulatory filing Monday, without naming the customer.“ Oracle is off to a strong start” in its fiscal year 2026, Chief Executive Officer Safra Catz said in the filing. The company has signed “multiple large cloud services agreements,” she said, adding that revenue from Oracle’s namesake database that runs on other clouds continues to grow more than 100%.The $30-billion deal ranks among the largest cloud contracts on record. That revenue alone would represent nearly three times the size of Oracle’s current infrastructure business, which totaled $10.3 billion over the past four quarters. A major cloud contract awarded in 2022 from the US Defense Department, that runs through 2028 and could be worth as much as $9 billion, is split among four companies, including Oracle. That award was a shift after an earlier contract worth $10 billion was awarded to Microsoft Corp. and was contested in court.

- BitMine (BMNR) was among the day's biggest movers after the crypto company announced a new $250 million placement.

- Boeing (BA) shares slid after hours when it announced it will be replacing chief financial officer Brian West. West, who helped orchestrate one of the biggest capital raises in US corporate history last year to steady the crisis-stricken plane-maker, is stepping down. West is leaving in mid-August and will be succeeded by former Lockheed Martin executive Jesus “Jay” Malave. West will remain an adviser to Chief Executive Officer Kelly Ortberg, Boeing said in a statement on Monday. Both changes are effective Aug. 15, the company said. The staffing change marks the highest-profile personnel switch since Ortberg took over the top role at the planemaker last year. West helped Ortberg navigate a capital squeeze and avoid a possible ratings downgrade to junk status, brought on by a crippling strike last year and a steep slowdown in output after a near-catastrophic accident.

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On this edition of Stock Movers: 

- Hyatt Hotels Corp (H) shares gain after the hotel operator said it will sell the entire Playa Hotels & Resorts real estate portfolio for $2 billion to Tortuga Resorts, a joint venture between KSL Capital Partners and Rodina. Deal includes 15 all-inclusive resorts across Mexico, the Dominican Republic and Jamaica. Hyatt will retain long-term management rights for 13 of the properties and hold $200m in preferred equity.

- Robinhood Markets Inc (HOOD) shares hit a record high as they are joining the growing push to trade US equities on the blockchain, making tokenized US securities available to 150,000 customers in 30 countries, 24 hours a day, five days a week. The company will own the shares backing the tokens, a spokesperson said, and while token holders will have most of the benefits of the underlying security, including dividends, voting rights won’t be initially supported. Bloomberg News previously reported that the product was in development.

- Big US banks such as Goldman Sachs Group (GS), Wells Fargo (WFC), and Bank of America (BAC) shares rose after the industry’s biggest names comfortably cleared the Federal Reserve’s annual stress test late Friday, setting the stage for lenders to boost buybacks and dividends for shareholders.

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On this episode of Stock Movers:

Goldman's 2026 capital requirement under current rules may fall 240 bps due to its peer-leading stress-test results improvement (290 bps), partially offset by a 50-bp increase in its systemic surcharge.

Circle Internet (CRCL) falls 2.7% in US premarket trading after JPMorgan — which was a lead in its successful IPO this month — starts coverage with an underweight recommendation, citing a valuation that’s beyond the broker’s “comfort zone.” Barclays, meanwhile, gives the stock an overweight rating, saying it’s “one of the only ways” to tap into the stablecoin hype.

Disney (DIS) climbs 2% after Jefferies upgraded it’s rating to buy, with the broker now seeing limited risk for a slowdown for its key parks division in 2H 2025.

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On this episode of Stock Movers:
- Tesla (TSLA) shares are lower, following the trend of wind and solar stocks and is the only downside mover of the Mag 7 in the premarket. CEO and founder Elon Musk has spoken out against the bill, saying the bill would destroy millions of US jobs and give "handouts to industries of the past while severely damaging industries of the future." he also called cuts to electric vehicle and clean energy credits would be "incredibly destructive" to the country.
- Juniper Networks (JNPR) is up in the premarket after the Justice Department settled a lawsuit challenging Hewlett Packard Enterprise's $13 billion takeover of Juniper, requiring the combined company to sell HPE's Instant On wireless networking business and auction off a license to Juniper's competing Mist business. The deal would have consolidated the sector from three major players to two, controlling 70% of the market, but the settlement preserves competition in the global networking market.
- NextEra Energy (NEE) is one of many wind and solar stocks moving to the downside this morning amid Senate deliberations over the US tax bill. The new version of the bill adjusts key provisions on the SALT deduction, Medicaid, and clean energy, and includes compromises among warring factions of the Senate GOP.
- Palantir (PLTR) shares are higher this morning after Friday's decline. It comes amid news the company partnered with Accenture Federal Service to form a strategic partnership to provide AI capabilities to federal agencies.

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On this episode of Stock Movers:
- NextEra Energy (NEE) is one of many wind and solar stocks moving to the downside this morning amid Senate deliberations over the US tax bill. The new version of the bill adjusts key provisions on the SALT deduction, Medicaid, and clean energy, and includes compromises among warring factions of the Senate GOP.
- Tesla (TSLA) shares are lower, following the trend of wind and solar stocks and is the only downside mover of the Mag 7 in the premarket. CEO and founder Elon Musk has spoken out against the bill, saying the bill would destroy millions of US jobs and give "handouts to industries of the past while severely damaging industries of the future." he also called cuts to electric vehicle and clean energy credits would be "incredibly destructive" to the country.
- Disney (DIS) is rising in early trading after it was upgraded by Jeffries to a buy from a hold. The broker now sees limited risk for a slowdown for its key parks division in 2H 2025, more positive upside to cruise division in 2026, as well as continued margin expansion for its direct-to-consumer offerings.
- Juniper Networks (JNPR) is up in the premarket after the Justice Department settled a lawsuit challenging Hewlett Packard Enterprise's $13 billion takeover of Juniper, requiring the combined company to sell HPE's Instant On wireless networking business and auction off a license to Juniper's competing Mist business. The deal would have consolidated the sector from three major players to two, controlling 70% of the market, but the settlement preserves competition in the global networking market.

See omnystudio.com/listener for privacy information.

Gap's CEO is battling to save the iconic brand and now it's confronting headwinds from President Trump's tariff policy. The iconic ’90s retailer was on the precipice of death for years. Richard Dickson finally had momentum for a comeback—then came Trump. Bloomberg's Amanda Mull explains the story, in conversation with Carol Massar and Tim Stenovec.

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Carnival Corp. shares jumped after it raised its full-year profit outlook as cruise demand has shrugged off the volatile economic and geopolitical backdrop.   

Its stock surged, while peers Royal Caribbean Cruises Ltd., Norwegian Cruise Line Holdings and Viking Holdings Ltd. also rose.   

The industry appears to be rebounding from earlier worries that demand was softening for vacations. Cruise businesses are also insulated during downturns by customers increasingly booking further in advance, drawn to tickets that offer significant discounts relative to other travel options.   

Tim Stenovec and Carol Massar discuss the news with Bloomberg Intelligence Analyst Brian Egger.

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On this episode of Stock Movers:

- Equinix (EQIX) shares ended the week higher after seeing two days of consecutive losses. It was the second-best performing stock in the S&P 500 on Friday, following shares falling nearly 20% in the previous two trading sessions.

- Royal Caribbean (RCL) shares ended the week higher, driven by Carnival Cruise, which raised its guidance for the second time this year. Carnival CEO Josh Weinstein told analysts in the earnings call that he sees no signs that demand in the travel sector will slow.

- Enphase Energy (ENPH) shares, along with other US solar companies saw their shares rise as investors keep close tabs on how the clean energy industry could be impacted by regulatory changes as President Donald Trump's tax bill makes its way through Congress.

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