Stock Movers

Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:

- SpaceX (SPCX) shares fell after the company disclosed higher-than-expected spending on its artificial intelligence business. The company's capital expenditures soared to $28.5 billion in the first half of the year, with the vast majority of expenditures steered toward AI. SpaceX generated $3.38 billion in revenue from artificial intelligence during the first six months of the year, less than half what its connectivity business brought in during that span.

- Sandisk (SNDK) stock plunged 47% in July, erasing more than $150 billion in market value, but remains the best performer in the S&P 500 Index this year. The company is expected to report soaring profit and revenue growth, and give a rosy forecast, after tech giants including Amazon.com Inc. and Microsoft Corp. pledged to keep spending heavily on artificial intelligence computing infrastructure. Sandisk's earnings report will test whether strong results are enough to entice investors to buy in again, with Wall Street remaining overwhelmingly bullish on the shares and the average price target implying a gain of about 70% over the next 12 months.

- Eli Lilly (LLY) boosted its 2026 sales guidance after its weight-loss drug franchise performed far better than expected in the second quarter. Sales for the year are forecast to be between $85 billion and $87 billion, with second-quarter adjusted earnings and revenue beating Wall Street estimates. Lilly stock gained 8.6% when markets opened in New York, the largest gain since April. Meanwhile, Novo’s shares fell as much as 6.8% in Copenhagen.

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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, Carol Massar, and Tim Stenovec

-Nvidia (NVDA) shares gain after Advanced Micro Devices gave an underwhelming sales outlook, a sign shareholders expected more of a return from the global expansion of AI data centers.

-Shopify (SHOP) shares gain as much as 24% on Wednesday, bringing the share price to its highest level since January, after the e-commerce giant reported second-quarter revenue that beat the average analyst estimate. The 34% revenue growth for the second quarter also came ahead of the “high-twenties percentage” the company forecast back in May.

- Sandisk (SNDK) stock plunged 47% in July, erasing more than $150 billion in market value, but remains the best performer in the S&P 500 Index this year. The company is expected to report soaring profit and revenue growth, and give a rosy forecast, after tech giants including Amazon.com Inc. and Microsoft Corp. pledged to keep spending heavily on artificial intelligence computing infrastructure. Sandisk's earnings report will test whether strong results are enough to entice investors to buy in again, with Wall Street remaining overwhelmingly bullish on the shares and the average price target implying a gain of about 70% over the next 12 months.

Plus a roundup of some earnings after the bell, including: Expedia, Block, Western Digital, Sandisk

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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:

- SpaceX (SPCX) shares fell after the company disclosed higher-than-expected spending on its artificial intelligence business. The company's capital expenditures soared to $28.5 billion in the first half of the year, with the vast majority of expenditures steered toward AI. SpaceX generated $3.38 billion in revenue from artificial intelligence during the first six months of the year, less than half what its connectivity business brought in during that span.

- New York Times (NYT) shares fall as much as 15%, the biggest intraday drop since February, after the news company reported higher than expected operating expenses.

- Booking (BKNG) shares are up 5.5% in extended trading after the online travel agency reported gross bookings for the second quarter that beat the average analyst estimate. The company said healthy global travel trends continued into the third quarter despite the ongoing conflict in the Middle East.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: 

• SpaceX (SPCX) shares fell after the company disclosed higher-than-expected spending on its artificial intelligence business. The company’s capital expenditures soared to $28.5 billion in the first half of the year, with the vast majority of expenditures steered toward AI. SpaceX generated $3.38 billion in revenue from artificial intelligence during the first six months of the year, less than half what its connectivity business brought in during that span. 
• Eli Lilly (LLY) shares jump. Eli Lilly & Co. boosted its 2026 sales guidance after its weight-loss drug franchise performed far better than expected in the second quarter. Sales for the year are forecast to be between $85 billion and $87 billion, with second-quarter adjusted earnings and revenue beating Wall Street estimates. 
• Davita (DVA) shares slide. The kidney dialysis center operator reported weaker-than-expected US dialysis revenue. The firm also reaffirmed its full-year guidance, with the midpoint of the guidance fell below Wall Street’s expectations.

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On this episode of Stock Movers: 

• Advanced Micro Devices (AMD) shares slide. AMD fell after the company gave an underwhelming sales outlook, a sign shareholders expected more of a return from the global expansion of AI data centers. Third-quarter revenue will be $13 billion, plus or minus $300 million, according to the chipmaker, though some Wall Street estimates were well north of $13 billion. 
• SpaceX (SPCX) shares fell after the company disclosed higher-than-expected spending on its artificial intelligence business. The company’s capital expenditures soared to $28.5 billion in the first half of the year, with the vast majority of expenditures steered toward AI. SpaceX generated $3.38 billion in revenue from artificial intelligence during the first six months of the year, less than half what its connectivity business brought in during that span. 
• Eli Lilly (LLY) shares jump. Eli Lilly & Co. boosted its 2026 sales guidance after its weight-loss drug franchise performed far better than expected in the second quarter. Sales for the year are forecast to be between $85 billion and $87 billion, with second-quarter adjusted earnings and revenue beating Wall Street estimates.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Advanced Micro Devices (AMD) shares are lower after the semiconductor firm’s second-quarter revenue and third-quarter sales forecast underwhelmed investors expecting a stronger performance given rising demand.
- Disney (DIS) shares are climbing as profit beat Wall Street estimates in the company’s fiscal third quarter, driven by soaring income from its entertainment division and the resilience of its theme parks in California and Florida.
- Shopify (SHOP) shares are soaring after it reported revenue for the second quarter that beat the average analyst estimate. President Harley Finkelstein said it was a "monster quarter" for the company.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- SpaceX (SPCX) is taking a dive this morning as Elon Musk’s satellite, space and artificial intelligence conglomerate gave its first quarterly financial report following its blockbuster initial public offering in June. While the company’s revenue beat the average analyst estimate, capital expenditure jumped to about $18.4 billion in the second quarter led by spending in its artificial intelligence unit.
- Advanced Micro Devices (AMD) shares are lower after the semiconductor firm’s second-quarter revenue and third-quarter sales forecast underwhelmed investors expecting a stronger performance given rising demand.
- Disney (DIS) shares are climbing as profit beat Wall Street estimates in the company’s fiscal third quarter, driven by soaring income from its entertainment division and the resilience of its theme parks in California and Florida.
- Eli Lilly (LLY) shares are higher as it raised its 2026 sales guidance after it reported far stronger second-quarter demand than analysts estimated for its weight-loss and diabetes drugs.Sales for the year will be $85 billion to $87 billion, Lilly said on Wednesday, compared with its earlier forecast of $82 billion to $85 billion.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Next shares jumped as much as 7.1% after the British fashion and homewares retailer raised its outlook for the third time this fiscal year, following a surge in sales in the second quarter due to warm UK weather and pent-up demand in the Middle East and northern Europe.
- Glencore shares rallied as much as 5.4%, the most in six months, fter the miner reported first-half adjusted Ebitda that beat analyst expectations due to a surge in the price of its most important commodities.
- Heineken shares rise as much as 2.6% after its volumes unexpectedly grew in the second quarter as strong beer demand in Asia and Africa offset persistent weakness in Europe and the Americas.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Novo Nordisk shares fell as much as 4.1% after the company's popular Wegovy weight-loss pill disappointed investors with sales that failed to live up to the hype of an obesity drug whose launch was billed the most successful in history.
- Next shares rise as much as 7.1% after the British fashion and homewares retailer raised its outlook for the third time this fiscal year, following a surge in sales in the second quarter due to warm UK weather and pent-up demand in the Middle East and northern Europe.
- Infineon shares fell as much as 5.6% after a strong revenue forecast in the current quarter failed to convince investors, who are increasingly worried about high valuations in the chip sector.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Samsung Electronics and SK Hynix are evaluating chip-making equipment from China’s AMEC for possible ​use at their Chinese factories, Reuters reports, citing unidentified people familiar with the matter.Shares in SK Hynix climb as much as 7.9%.
- Chinese optical component stocks fall while Asian peers rise after Reuters reported that the Trump administration is drafting a ban on imports of some data center components from China. Zhongji Innolight drops as much as 14%.
- Minimax shares jump as much as 7.7% in Hong Kong after Bernstein initiates coverage at price targets of HK$1,350 and HK$275, each, saying frontier AI sits at the intersection of a generational tech cycle and global geostrategic competition.

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