Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Disney (DIS) shares are higher this morning after the company posted stronger results than Wall Street expected thanks to improved profitability at its streaming business and guests spending more at the company’s resorts and on cruises.
- CVS Health (CVS) is higher on news it boosted its adjusted earnings per share guidance for the full year; the guidance beat the average analyst estimate.
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On this episode of Stock Movers:
- Novo Nordisk’s new Wegovy obesity pill fueled sales in the first quarter and the drugmaker said this year’s declines won’t be as bad as expected, a relief for investors.
- BMW’s carmaking returns fell in the first quarter as intense competition in China weighed on prices and deliveries in the world’s biggest auto market.
- Diageo’s sales unexpectedly rose in the latest quarter as growth in Africa and Latin America was enough to offset significant weakness in the US.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Novo Nordisk’s new Wegovy obesity pill fueled sales in the first quarter and the drugmaker said this year’s declines won’t be as bad as expected, a relief for investors.
- BMW’s carmaking returns fell in the first quarter as intense competition in China weighed on prices and deliveries in the world’s biggest auto market.
- Diageo’s sales unexpectedly rose in the latest quarter as growth in Africa and Latin America was enough to offset significant weakness in the US.
See omnystudio.com/listener for privacy information.

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

On this episode of Stock Movers, we take a look at some of the biggest gainers and decliners or the week:
Super Micro (SMCI) shares gained in extended trading after the company reported improved margins and gave a profit forecast that suggested it’s controlling the costs of getting powerful AI servers into customers’ hands. Earnings, excluding some items, will be 65 cents a share to 79 cents a share in the period ending June 30, Super Micro said Tuesday in a statement. Fiscal fourth-quarter revenue will be $11.2 billion to $12.5 billion. Analysts polled by Bloomberg projected, on average, profit of 57 cents on sales of $11.2 billion.
AMD (AMD) the second-biggest maker of computer processors, gave a strong forecast for the current period, showing that it’s cashing in on the flood of AI spending. Second-quarter sales will be $11.2 billion, plus or minus $300 million, the company said in a statement Tuesday. That compares with an average analyst prediction of $10.5 billion, according to data compiled by Bloomberg. AMD shares rose as much as 7.1% in extended trading following the announcement. The stock earlier closed at $355.26 in New York trading, leaving it up 66% this year.
Intel (INTC) shares rose on word that Apple held exploratory discussions about using Intel and Samsung Electronics to produce the main processors for its devices in the US, a move that would offer a secondary option beyond longtime partner Taiwan Semiconductor Manufacturing. The iPhone and iPad maker has had early-stage talks with Intel about enlisting the company’s chipmaking services, according to people familiar with the deliberations. Meanwhile, Apple executives have made visits to a Samsung plant under development in Texas that will also make advanced chips. Intel shares soared as much as 12% to a fresh record in New York on Tuesday, their biggest intraday gain in nearly a week. The stock has gained more than 180% this year, adding well over $340 billion to the company’s market valuation.
See omnystudio.com/listener for privacy information.

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

On this episode of Stock Movers, we take a look at some of the biggest gainers and decliners or the week:

- Shares of companies that offer financial services like FactSet (FDS), Morningstar (MORN) and S&P Global (SPGI) fell in response to Anthropic unveiling a set of new artificial intelligence agents designed to handle a broader mix of financial services tasks, part of the company’s push to win over Wall Street. The Claude maker is releasing AI agents that it says can draft pitch decks for client meetings, review financial statements and escalate cases for compliance review. The new tools — 10 in total — are aimed at professionals across banking, insurance, asset management and financial technology.

- PayPal (PYPL) plans to cut around 20% of its workforce in the next two to three years, according to a person familiar with the matter, as new Chief Executive Officer Enrique Lores seeks to reduce costs and turn around the payments company. PayPal’s turnaround strategy under Lores was under fresh scrutiny Tuesday, as analysts weighed the potential for the team to take a fresh stab at revamping the firm. Shares fell in trading on Tuesday.

- Coinbase (COIN) will cut around 14% of its workforce, citing a need to manage costs in volatile markets and technological advances in artificial intelligence. The company plans to concentrate remaining staff around AI skills while reducing layers of management, Coinbase Chief Executive Officer Brian Armstrong said in an X post on Tuesday. In this new structure, some teams may consist of just one person, he said, with the responsibilities of engineers, designers and product managers combined into a single role. Shares traded lower on Tuesday.
See omnystudio.com/listener for privacy information.