Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Dutch chip-equipment giant ASML is contending with its biggest challenge yet under the Trump administration: In a series of recent meetings, Commerce Secretary Howard Lutnick outlined concerns to ASML’s senior leaders that one of its top-of-the-line machines may have made its way into China, in violation of US-led export restrictions.
- Nordea analyst Martin Brenoe raised the recommendation on Novo Nordisk A/S Class B to buy from hold.
- Vestas Wind advances as much as 4.4% after being placed on a positive catalyst watch by JPMorgan, which says in a note that several positives aren’t yet fully reflected in the Danish wind turbine maker’s shares.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- SK Hynix erased earlier gains but is still up around 2% after investors decided tech stocks may be the best place to navigate cross-currents from the US-Iran deal, Warsh's first Fed policy meeting, and the Bank of Japan raising rates.
- South Korean stocks fall after the benchmark Kospi Index touched a record high, as risk-off sentiment swept global markets ahead of the weekend while investors assessed the durability of the recently signed US-Iran peace agreement. Samsung is down 2.4%.
- The dollar is rallying, giving people less space to breathe in markets that don't have many tech stocks, for example Indonesia. Telkom Indonesia is down more than 6%.

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

On this episode of Stock Movers, we look at some of the week's biggest gainers and decliners:

- SpaceX (SPCX) stock ended higher in its first week of trading, even though its rough ride showed the largest-ever IPO was not immune to the type of share-price volatility that tends to rock big companies after they go public. Shares of Elon Musk’s rocket, satellite and artificial intelligence company fell 3.6% Thursday, bringing a two-day decline to 8.3%. Still, the company ended its first week of trading as a public company 37% above the $135 price of its record initial public offering. The company’s total market capitalization at close was $2.4 trillion, making it the sixth-largest company in the world.

- Intel (INTC)'s stock surged on Thursday after US President Donald Trump said the chipmaker will work with Apple to design and produce semiconductors domestically. Trump didn’t elaborate on the tie-up, which he mentioned after championing Nvidia Corp. and Elon Musk’s Terafab chipmaking ambitions in a Truth Social post. The iPhone maker has held exploratory discussions about using Intel and Samsung Electronics Co. to produce the main processors for its devices in the US, Bloomberg previously reported.

- Apple (AAPL) shares ended the shortened trading week higher after CEO Tim Cook told the Wall Street Journal that the iPhone maker plans to raise prices on its products to offset the increasing costs of memory and storage chips. Some analysts believe demand for the products are inelastic enough to lift sales.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Shares of Madison Square Garden Sports (MSGS) declined on Wall Street as the New York Knicks' championship parade packed Lower Manhattan with fans, cops, and confetti. A ticker-tape parade stepped off from Bowling Green in Lower Manhattan, traveling north along Broadway. Players including Jalen Brunson, Mikal Bridges, OG Anunoby and Karl-Anthony Towns — accompanied by New York City Mayor Zohran Mamdani and the state’s governor, Kathy Hochul — rolled along the “Canyon of Heroes” on floats, waving to sidewalks crammed with fans, many of whom had been waiting for hours to get a glimpse of the champs. The parade will conclude at City Hall Plaza with a ticketed ceremony where Mamdani will present the team with keys to the city.
- Shares of Intel (INTC) surged Thursday after US President Donald Trump said the chipmaker will work alongside Apple Inc. to design and produce semiconductors domestically. Trump didn’t elaborate on that tie-up, which he mentioned after championing Nvidia Corp. and Elon Musk’s Terafab chipmaking ambitions in a Truth Social post. The iPhone maker has held exploratory discussions about using Intel and Samsung Electronics Co. to produce the main processors for its devices in the US.
- SpaceX (SPCX) shares moved lower Thursday, putting them on track to fall for a second straight day as it wraps up its first week as a public company following a record initial public offering. The stock fell as much as 3.5% in premarket trading after initially rising 2%. The move is set to extend Wednesday’s nearly 5% decline, the first down day for shares after they jumped 49% across their first three days of trading. Still, the rocket and AI company remains on track to end the week nearly 40% above its $135 IPO price.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- SpaceX (SPCX) shares slipped in premarket trading, putting them on track to fall for a second straight day as it wraps up its first week as a public company following a record initial public offering. The stock fell as much as 3.5% in premarket trading after initially rising 2%. The move is set to extend Wednesday’s nearly 5% decline, the first down day for shares after they jumped 49% across their first three days of trading. Still, the rocket and AI company remains on track to end the week nearly 40% above its $135 IPO price.
- Shares of Accenture (ACN) tumbled after the IT services company gave a revenue forecast for the fourth quarter that fell short of Wall Street’s expectations. The company said it’s expecting to reel in less revenue in the coming months, as artificial intelligence upends the consulting services industry and clients paused business due to the conflict in the Middle East. Accenture reported a 2% drop in new bookings for the quarter ended May 31, according to a statement Thursday. It forecast revenue of between $17.75 billion and $18.4 billion in the three months through August, falling short of the $18.47 billion Bloomberg-compiled analysts had anticipated.
- Take-Two (TTWO) shares jumped on Thursday as its Rockstar Games unit says that pre-orders for its much-anticipated Grand Theft Auto VI game will begin on June 25. GTA VI is widely expected to be one of the biggest video games ever. The previous entry in the long running crime drama series has sold more than 225 million copies. In a recent interview, Chief Executive Officer Strauss Zelnick said he was both excited and terrified about the expectations surrounding the game.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Intel (INTC) surged in premarket trading and Apple (AAPL) shares are also moving on news the chipmaker will work alongside Apple to design and produce semiconductors domestically. President Trump made the announcement. The iPhone maker has held exploratory discussions about using Intel and Samsung to produce the main processors for its devices in the US.
- Smith and Wesson (SWBI) shares are rising this morning. The company had a profit of 36 cents a share on a comparable basis for the latest quarter, and sales of $178.4 million.
- Rumble (RUM) shares jumped after the online video network platform said it plans to operate two core business units: video platform Rumble and cloud and AI-infrastructure business Quake AI, formerly Northern Data.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Intel (INTC) surged in premarket trading and Apple (AAPL) shares are also moving on news the chipmaker will work alongside Apple to design and produce semiconductors domestically. President Trump made the announcement. The iPhone maker has held exploratory discussions about using Intel and Samsung to produce the main processors for its devices in the US.
- Smith and Wesson (SWBI) shares are rising this morning. The company had a profit of 36 cents a share on a comparable basis for the latest quarter, and sales of $178.4 million.
- SpaceX (SPCX) shares are moving after declining yesterday for the first time since its IPO in a volatile session. The decline dragged SpaceX back below Amazon.com Inc. in value, making it the sixth-largest company in the world with a market capitalization of about $2.5 trillion.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Payments firm Edenred said it has been approached by investment funds, following a report of takeover interest from BC Partners.
- Tesco Plc’s sales rose less than expected in the fiscal first quarter as the UK’s biggest supermarket grapples with weaker consumer sentiment and a tough comparison with last year.
- Evonik Industries AG is shedding an additional 3,200 jobs and scrapping its unprofitable polyester business as the German chemicals company grapples with geopolitical turmoil, high energy costs and mounting competition from Asia.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- French employee-benefits firm Edenred said it has been approached by investment funds, following a report of takeover interest from BC Partners.
- Shares in Legrand rose after executives from the French electrical-equipment group presented at JPMorgan’s European Industrials Conference in London.
- Carrefour drops as much as 4% as JPMorgan places the French supermarket operator on a negative catalyst watch, saying first-half results on July 23 “might turn out to be a downgrade event.”

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- SK Hynix was one of the biggest boosts to South Korea’s Kospi which advanced as much as 1.5% to a record, led by strength in chip giants.
- Tencent is one of the Chinese hyperscalers following their American frenemies lower in Asia trading.
- Alibaba’s Hong Kong-listed shares fall as much as 3.7% after China released draft rules aimed at regulating subsidies on food delivery platforms.

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