Stock Movers

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

On this episode of Stock Movers:

• In Taiwan the capex beneficiary story remained healthy. Gains were seen for a number of firms including a jump of as much as 5.2% for TSMC.
• In China there have been some non tech movers including insurance firms. China Life fell as much as 4.7%.
• The Kospi Index fell, as the National Pension Service is set to resume re-balancing its domestic stock holdings after a temporary suspension. SK Hynix dropped as much as 5.2% 

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

- Nike (NKE) shares slipped in late trading on Tuesday as cautious comments from executives offset results in the latest quarter that outpaced expectations. Sales of $11 billion in the fiscal fourth quarter ended May 31 surpassed the average of estimates compiled by Bloomberg, while earnings per share also exceeded expectations.

-Verizon Communications (VZ) and AT&T (T) are among telecommunications stocks extending losses after news that Space Exploration Technologies and Charter Communications held executive-level talks about partnering on a consumer mobile phone offering that could directly challenge wireless providers, according to people familiar with the matter.

- Strategy (MSTR) shares are under pressure Tuesday as Bitcoin breaks below $59,000 and crypto‑related stocks weaken across the board.

See omnystudio.com/listener for privacy information.

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, Katie Greifeld, Carol Massar and Tim Stenovec.

- Shares of semiconductor-related companies rallied as increased investments from leading chipmakers in South Korea bolster investors’ optimism. ASML (ASML) hit a fresh record in Amsterdam earlier. In the US, chip equipment suppliers like Applied Materials (AMAT) and KLA (KLA) closed higher in New York trading. A growing list of analysts turned more positive on chip-tool makers in June, expecting top chipmakers to speed up equipment purchases.

- AT&T (T) and Verizon (VZ) are among telecommunications stocks extending losses after news that SpaceX and Charter Communications held executive-level talks about partnering on a consumer mobile phone offering that could directly challenge wireless providers, according to people familiar with the matter.

- Vita Coco (COCO) fell for the fourth day in a row for its worst decline in that span of times since March 2022.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

- Shares of companies that supply semiconductor equipment are soaring this week as increased investments from leading chipmakers in South Korea bolster investors’ optimism. US-based companies like Applied Materials (AMAT) and KLA Corp (KLA) rallied along with their peers overseas. More broadly, the US chip benchmark is up 100% in the first half as it heads for the best quarter on record.

- Zimmer Biomet (ZBH) fell sharply after Cleveland Research published a report that cited disappointing orthopedic market trends.

- AeroVironment (AVAV) shares rallied after the defense company reported fourth-quarter results that topped expectations and forecast 2027 revenue that at the midpoint exceeds estimates. Analysts note strength in its drones business.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Shares of Strategy Inc. (MSTR) are falling as analysts cut their price targets on the Bitcoin treasury company amid declining Bitcoin prices and as the Michael Saylor-led crypto company unveiled a sweeping overhaul of the financing model underpinning its Bitcoin strategy, giving itself broader powers to sell the cryptocurrency, buy back securities and preserve liquidity as it adapts to mounting pressure on the structure that fueled years of aggressive accumulation.
- Shares of Air Products (APD) gained by the most since 2020, after the company said it will not proceed with the Louisiana Clean Energy Complex project and will record a pre-tax charge that’s not expected to exceed $2.9 billion in fiscal third-quarter.
- Chip stocks are on pace for their best quarter ever, extending an extraordinary start to the year driven by insatiable demand for artificial intelligence equipment. But after recent jitters sent the stocks tumbling, investors are wondering how much further the rally can go.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Concentrix (CNXC) shares are sliding after the call-center company slashed its full-year outlook. Its forecasts for reported revenue and adjusted earnings per share also undershot Wall Street’s expectations.
- AeroVironment (AVAV) shares are jumping after the defense company reported fourth-quarter results that topped expectations across key metrics and forecast 2027 revenue that at the midpoint exceeded analysts’ estimate.
- Digital Reality (DLR) shares are lower on news it will buy a Blackstone data center stake for $3.5 billion.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Concentrix (CNXC) shares are sliding after the call-center company slashed its full-year outlook. Its forecasts for reported revenue and adjusted earnings per share also undershot Wall Street’s expectations.
- AeroVironment (AVAV) shares are jumping after the defense company reported fourth-quarter results that topped expectations across key metrics and forecast 2027 revenue that at the midpoint exceeded analysts’ estimate.
- Digital Reality (DLR) shares are lower on news it will buy a Blackstone data center stake for $3.5 billion.
- Nike (NKE) is ticking higher ahead of earnings. Nike investors will look for further signs of progress in the company’s comeback effort as Chief Executive Officer Elliott Hill cements a leadership reset. Traders will also seek details about one-time tariff refunds and demand tied to the FIFA World Cup, as well as clarity on a report saying Nike planned to halt online sales by partners in China. The retailer is expected to report results after the market closes Tuesday.
- Microsoft (MSFT) shares are slightly higher this morning with the Big Tech giant set for its worth month since 2000.

See omnystudio.com/listener for privacy information.

Abivax Soars, Siemens Energy Up, Mowi's Net Loss
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Abivax soared as much as 27% after a clinical-trial update soothed some investors’ concerns about whether cancer could be a potential side effect of the biotech’s most promising experimental drug.
- Siemens Energy and other power-exposed industrials are g AI-led capital spending is broadening across key semiconductor, grid, data-center, defence and mining end-markets.
- Mowi ASA fell 3.7%. Trading volume was triple the average for this time of day.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Abivax soared as much as 27% after a clinical-trial update soothed some investors’ concerns about whether cancer could be a potential side effect of the biotech’s most promising experimental drug.
- A.P. Moller-Maersk A/S shares jumped in early trading after the shipping company upgraded its profit outlook for this year, citing solid demand especially in Asia and a global container market that looks to stay healthy for the rest of the year.
- Sainsbury’s shares rise as much as 3.5%, the most in seven months, after the British retailer reported 1Q sales that were in line with consensus expectations, avoiding the underperformance of its peer Tesco. Analysts pointed to growth in groceries and Argos’ performance as signs of strength.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Chinese chip stocks like Semiconductor Manufacturing International Corporation are on the rise, with optimism supported by a report saying ChangXin Memory Technologies has signed a supply agreement with Tencent. Investment plans by South Korea’s Samsung and SK Hynix further bolster sentiment in the sector
- TSMC shares jump as much as 4.4% in Taipei after Morgan Stanley analysts raised their price target for the chipmaker by 12% to NT$2,888, citing a better revenue and pricing outlook.
- Samsung Group and SK Group said Monday they plan to build two chipmaking plants apiece in the southwest for a total of 800 trillion won to rapidly expand production capacity and meet increasing demand

See omnystudio.com/listener for privacy information.