Stock Movers

On this episode of Stock Movers:

- Qualcomm (QCOM) shares end the day higher after the chipmaker forecast annual sales of more than $15 billion from artificial intelligence components in data centers by fiscal 2029.

- Apple (AAPL) shares sank after it raised prices of all Macs, iPads, home devices and the Vision Pro on Thursday, seeking to offset cost hikes caused by an unprecedented shortage of memory chips and storage.

- Hertz (HTZ) saw its shares plummet 41% on Wednesday after announcing a concurrent stock issuance and bond offering, and reporting preliminary earnings that fell short of analyst hopes. On Thursday, shares dropped a further 11%, putting Hertz on track for its biggest weekly decline since the stock re-listed in 2021 after emerging from bankruptcy.

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 Griefeld, Carol Massar and Tim Stenovec.

- Qualcomm (QCOM), Micron (MU), and the Philadelphia Semiconductor Index (SOX) end the day higher after earnings from Qualcomm and Micron post strong outlooks.

- Apple (AAPL) shares sank after boosting prices of Macs and iPads.-Cerebrus (CBRS) tumbled after the chipmaker gave a disappointing annual sales outlook.

- Strategy (MSTR) shares slid as investors are increasingly questioning whether that machine can keep running after a prolonged decline in Bitcoin, now trading firmly below $60,000, mounting obligations and a collapse in the market value of the company’s preferred stock.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

- Apple (AAPL) shares fell after the company raised prices of Macs, iPads, home devices, and the Vision Pro to offset cost hikes caused by a shortage of memory chips and storage.

- SanDisk (SNDK) shares rose after Micron's results underscored how artificial intelligence remains a major vector for growth. 

- Strategy (MSTR) shares sink after the company financing model, which relies on issuing securities to fund additional Bitcoin purchases, was questioned by investors due to a decline in Bitcoin's price and a collapse in the market value of the company's preferred stock.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Apple (AAPL) shares fall. Apple Inc. raised prices of Macs, iPads, home devices, and the Vision Pro to offset cost hikes caused by a shortage of memory chips and storage. The price hikes are in effect globally and do not currently apply to iPhone, Apple Watch, or AirPods prices, but the company hinted at possible future price adjustments.
- Trip.com ADRs drop after the company reported adjusted earnings for the first quarter that missed analyst estimates. The online travel agency also expects slower 2Q revenue growth. Analysts including Brian Gong note that Trip.com expects total net revenues growth to decelerate in the second-quarter of 2026 with the impact from surging oil price and operation adjustment.
- Wendy's (WEN) shares are down. This is after retail traders piled into the fast-food chain on Wednesday after a post on Reddit Inc.'s WallStreetBets implored its members to “save Wendy’s before it’s too late.”

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
-Micron (MU) shares surged after the company issued a quarterly sales forecast that exceeded Wall Street estimates, signaling that an AI-fueled growth run remains strong.
-Dell (DELL) shares fall after GF Securities Co. Ltd. downgraded the computer and server company to hold from buy. Analyst Jeff Pu writes that the valuation is stretched, with shares up 245% this year.
-Bio-Techne (TECH) shares fall. Merck KGaA agreed to buy Bio-Techne Corporation for about $11.3 billion to bolster its life-science business. Merck agreed to pay $73 per share in cash for the US diagnostics firm, a premium of roughly 24% on Bio-Techne’s closing price on Wednesday.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- IBM (IBM) shares gained in premarket trading on Thursday after the technology giant unveiled the world’s first sub-1 nanometer (nm) chip technology.
DARDEN RESTAURANTS (DRI)
- McCormick (MKC) is moving after it reported second-quarter profit that beat estimates, buoyed by higher prices and a tariff refund, and reaffirmed its full-year guidance.
- Darden Restaurants (DRI) shares fell after its same-store sales at Olive Garden trailed expectations, raising questions about demand at the company’s largest chain and overshadowing better-than-expected earnings.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Micon Technology (MU) shares surged in premarket trading after its quarterly sales forecast exceeded Wall Street estimates, signaling that an AI-fueled growth run remains strong. The company has secured strategic customer agreements that average three years in length, which suggests it can mitigate boom-and-bust cycles in the memory chip industry.
- Alibaba (BABA) shares are lower after Anthropic PBC accused Alibaba Group Holding Ltd. of waging a large-scale effort to “illicitly” access its Claude artificial intelligence model using thousands of fraudulent accounts.
- Wendy's (WEN) shares continue to soar amid a meme stock craze. A post on Reddit's WallStreetBets that implored its members to "save Wendy's before it's too late" appeared to be the reason for the stock's climb. Analysts attribute the surge to "meme stock mania" and the company's nostalgia appeal, with its stock having tumbled over 70% since mid-2023 and short sellers making it vulnerable to a price spike.
- Hertz (HTZ) is continuing its downward trend after the company warned of pressure on earnings and plans to issue new debt.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- EasyJet shares rise as much as 5.9% to the highest level in a year after the UK budget airline rejected a fourth takeover bid from US investment firm Castlelake at 650p a share, saying the offer is “significantly undervaluing” the carrier.
- Advanced Medical Solutions shares surge as much as 16%, the most in over a year, after HB Fuller made a 285p-a-share cash offer for the UK medical-device maker.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- European semiconductor stocks rally following a blowout earnings report from US-listed memory chipmaker Micron and an upbeat outlook from Qualcomm. Infineon climbed as much as 5.3%
- EasyJet shares rise as much as 5.9% to the highest level in a year after the UK budget airline rejected a fourth takeover bid from US investment firm Castlelake at 650p a share, saying the offer is “significantly undervaluing” the carrier.
- 3i Group shares jump as much as 11%, the most since January, after the investment company revealed like-for-like growth at discount retailer Action, the single largest holding in its portfolio, accelerated over the last six weeks. Analysts said better weather helped demand and believe the acceleration is providing some reassurance.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Micron Technology Inc., the largest US maker of computer memory chips, surged in late trading after its quarterly sales forecast crushed Wall Street estimates, signaling that an AI-fueled growth run remains strong.
- Qualcomm forecast sales of more than $15 billion a year by fiscal 2029 in the booming market for AI components in data centres.
- Anthropic accused Chinese technology giant Alibaba Group Holding Ltd. of waging a large-scale effort to “illicitly” access its Claude artificial intelligence model using thousands of fraudulent accounts that undermine the US AI developer’s decision to keep its products out of China. Alibaba shares fell as much as 4.8% in Hong Kong on Thursday following the news.

See omnystudio.com/listener for privacy information.