Stock Movers

On this episode of Stock Movers:
- Domino's Pizza (DPZ) shares fall after the company reported revenue for the first quarter that missed the average analyst estimate. Revenue $1.11 billion, +2.5% y/y, estimate $1.12 billion. The company didn't provide an outlook for 2025.
- Merck (MRK) shares rise after the company agreed to buy SpringWorks Therapeutics Inc. for $47 per share in cash, representing an equity value of about $3.9 billion and a 26% premium for SpringWorks. The acquisition is expected to boost Merck's health-care division.
- Airbus (AIR FP) shares rise after the company agreed to take over some assets and sites from Spirit AeroSystems Holdings Inc., clearing the way for Spirit to be acquired by Boeing Co. The deal includes Airbus taking over facilities in Kinston, North Carolina; France; Belfast, Ireland; and Prestwick, Scotland, with Airbus receiving a $439 million payment from Spirit and providing $200 million in credit lines.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Nvidia (NVDA) is down in early trading after China’s Huawei Technologies is reportedly getting ready to test a new and powerful artificial intelligence processor that the company hopes can replace some products made by Nvidia - that's according to the Wall Street Journal. The progress by the Shenzhen-based networking and electronics leader shows the resilience of China’s semiconductor industry in the face of efforts by the Trump administration to stymie it.
- Tesla (TSLA) is leading the Mag 7 premarket gains following its best week of 2025. Despite a less-than-great earnings last week, Tesla founder Elon Musk says he will put more focus on the company rather than government work, which has provided a boon for the stock.
- Deliveroo (DROOF) shares jumped more than 18%, the most since 2021, after the British delivery firm disclosed an acquisition offer from DoorDash. On Friday, Deliveroo said in a filing that it had received a cash offer from DoorDash at £1.80 per Deliveroo share. That would value the company at about $3.6 billion, according to calculations by Bloomberg.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Nvidia (NVDA) is down in early trading after China’s Huawei Technologies is reportedly getting ready to test a new and powerful artificial intelligence processor that the company hopes can replace some products made by Nvidia - that's according to the Wall Street Journal. The progress by the Shenzhen-based networking and electronics leader shows the resilience of China’s semiconductor industry in the face of efforts by the Trump administration to stymie it.
- Tesla (TSLA) is leading the Mag 7 premarket gains following its best week of 2025. Despite a less-than-great earnings last week, Tesla founder Elon Musk says he will put more focus on the company rather than government work, which has provided a boon for the stock.
- Dominos (DPZ) is down in the premarket after sales missed estimates and it didn't provide an outlook for 2025. Still, Q1 revenue was higher than estimates, offering a mixed quarter print overall. Dominos larger international exposure helped lift its results in a tough environment for restaurant stocks.
- Boeing (BA) shares are higher after it was upgraded by Bernstein, citing growth potential on the horizon. Bernstein upgraded the stock to outperform from market perform. Analysts led by Douglas Harned wrote “while we cannot assume all risks are gone, after high FAA scrutiny, BCA (Boeing Commercial Airplanes) should be on a much firmer path than in 2023”

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Mediobanca launched a surprise €6.3 billion ($7.2 billion) offer for the wealth management arm of Italian insurer Assicurazioni Generali SpA, opening a potential defense strategy for the Milan-based bank amid Italy’s intensifying deal wave.
- DoorDash has offered to buy UK-based Deliveroo Plc for $3.6 billion, marking a renewed attempt by the US company to expand into more overseas markets by buying smaller food delivery providers.
- France’s Banijay Group is working on plans for a takeover offer for ITV or its studio arm, Financial Times reported, citing two people familiar with the situation.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

- Intel (INTC) Chief Executive Officer Lip-Bu Tan gave investors a stark diagnosis of the chipmaker’s problems on Thursday, along with the sense that it will take a while to fix them. Tan, delivering his first earnings report as CEO, said Intel’s bureaucratic corporate culture needs a shake-up, so he’s going to cut jobs, remove layers of management and force everyone back to the office. His prescriptions for other areas of malaise — such as Intel’s struggling foundry business, which makes chips for outside customers — were more vague.

- Alaska Air (ALK) shares tumbled as much as 14% on Thursday, the most intraday since December 2023, after the carrier’s second-quarter forecast for adjusted earnings per share trailed the average analyst estimate. The company also said it would not update its full-year 2025 guidance and will provide an update later in the year.

- Hasbro (HAS) shares rose as much as 15%, the most intraday since April 2023, after the toy company’s adjusted EPS and net revenue easily topped Street expectations, driven by meaningfully better-than-expected revenue from its Wizards/Gaming unit. In addition, Hasbro is accelerating elements of its cost-savings program, and now targets $175 million to $225 million in gross savings this year as it searches for additional profit offsets, it said on the conference call.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

- AppFolio (APPF) shares are down after the application software company reported first-quarter results that missed expectations. 

- Carter's (CRI) shares also fell as much as 10% in trading after the children's apparel company suspended its financial guidance, citing its CEO transition and tariff uncertainty. The stock was down despite first-quarter sales topping Wall Street expectations.

- Saia (SAIA) shares also dropped over 30% during trading after the trucking company reported revenue and earnings per share for the first-quarter that missed analysts estimates. The firm also cited uncertainty as a factor. “Primarily resulting from an uncertain macroeconomic environment, we did not see the typical sequential growth in shipments through the quarter, with March shipments flat to February, causing our first quarter revenues to fall well below our expectations” CEO Fritz Holzgrefe said in a statement.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Alphabet (GOOGL) shares rise after the company reported first-quarter revenue and profit that exceeded analysts' expectations, driven by strength in its search advertising business. Google Cloud brought in operating profit of $2.18 billion, beating analysts’ estimates for $1.94 billion despite slightly missing expectations on sales. The results indicate that Google may be eking out more profits from Cloud even as sales slow.
- T-Mobile (TMUS) shares drop after the company reported new mobile-phone subscribers that missed expectations. The weaker wireless number overshadowed otherwise positive financial results. The company raised its full-year profit forecast and expects adjusted full-year earnings of $33.2 billion to $33.7 billion before interest, taxes, depreciation and amortization.
- Intel (INTC) shares drop after Chief Executive Officer Lip-Bu Tan gave investors a stark diagnosis of the chipmaker’s problems on Thursday, along with the sense that it will take a while to fix them. What’s most clear is Intel’s short-term woes are even worse than feared. The company gave a revenue forecast for the current quarter that was well below what analysts projected.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Alphabet (GOOGL) shares rise after the company reported first-quarter revenue and profit that exceeded analysts' expectations, driven by strength in its search advertising business. Google Cloud brought in operating profit of $2.18 billion, beating analysts’ estimates for $1.94 billion despite slightly missing expectations on sales. The results indicate that Google may be eking out more profits from Cloud even as sales slow.
- Apple (APPL) shares edged lower despite news it is seeking to import most of the iPhones it sells in the US from India by the end of next year, accelerating a shift beyond China to mitigate risks related to tariffs and geopolitical tensions.
- Skechers (SKX) shares drop after the footwear company said it’s not providing financial guidance and withdrawing its previous annual outlook due to macroeconomic uncertainty stemming from global trade policies. The company also reported first-quarter sales that trailed Wall Street’s expectations.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Alphabet (GOOG) shares are higher this morning after reporting first-quarter revenue and profit that exceeded analysts' expectations, driven by strength in its search advertising business. Alphabet's cloud business, Google Cloud, brought in operating profit of $2.18 billion, beating analysts' estimates, and search advertising generated $50.7 billion in sales.
- T-Mobile (TMUS) is to the downside this morning after the company reported new mobile-phone subscribers that missed expectations. Despite topping earnings and revenue estimates, the subscriber decline is concerning investors.
- Intel (INTC) shares are lower after its revenue forecast for the current quarter fell below analyst projections. The company is warning of a tariff-fueled recession that could hurt chip demand. CEO Lip-Bu Tan says the company's bureaucratic culture needs a shake-up, and plans to cut jobs, remove management layers, and require employees to work in-person four days a week.
- Skechers (SKX) is getting punished in the premarket as it became the latest company to pull guidance. The company says it’s not providing financial guidance and withdrawing its previous annual outlook due to macroeconomic uncertainty stemming from global trade policies. The company also reported first-quarter sales that trailed Wall Street’s expectations.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Alphabet (GOOG) shares are higher this morning after reporting first-quarter revenue and profit that exceeded analysts' expectations, driven by strength in its search advertising business. Alphabet's cloud business, Google Cloud, brought in operating profit of $2.18 billion, beating analysts' estimates, and search advertising generated $50.7 billion in sales.
- Intel (INTC) shares are lower after its revenue forecast for the current quarter fell below analyst projections. The company is warning of a tariff-fueled recession that could hurt chip demand.
- T-Mobile (TMUS) is to the downside this morning after the company reported new mobile-phone subscribers that missed expectations. Despite topping earnings and revenue estimates, the subscriber decline is concerning investors.
- Skechers (SKX) is getting punished in the premarket as it became the latest company to pull guidance. The company says it’s not providing financial guidance and withdrawing its previous annual outlook due to macroeconomic uncertainty stemming from global trade policies. The company also reported first-quarter sales that trailed Wall Street’s expectations.

See omnystudio.com/listener for privacy information.