On this episode of Stock Movers:- Tyson Foods (TSN) shares gain after the company said it expects results for next year to be little changed as its beef segment continues to lose money. The company sees adjusted operating income of $2.1 billion to $2.3 billion for fiscal 2026, with the beef segment expected to see an adjusted operating loss of $400 million to $600 million next year.- Elf Beauty (ELF) shares sink after after the cosmetics company’s full-year outlooks for adjusted earnings per share and net sales both missed analysts’ estimates. While analysts are positive about sales growth at newly-acquired Rhode, Hailey Bieber’s beauty and skincare brand, they flag weakness in the company’s namesake products. - Monday.com (MNDY) shares fall after the software company narrowed its full-year revenue forecast. It also reported its third-quarter results.See omnystudio.com/listener for privacy information.
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5:02
Monday.com Falls, United Airlines Drops, Treehouse Rises After Investindustrial Deal
On this episode of Stock Movers:- Monday.com (MNDY) shares fall after the software company narrowed its full-year revenue forecast. It also reported its third-quarter results.- United Airlines (UAL) shares drop as US airlines canceled at least 1,432 flights as of 7:15 a.m. Eastern time Monday, and the number is “growing,” according to aviation analytics company Cirium.- Treehouse (THS) shares rise after European buyout firm Investindustrial agreed to buy TreeHouse Foods Inc., the private-label food manufacturer, for $2.9 billion including debt.See omnystudio.com/listener for privacy information.
On this episode of Stock Movers:- Metsera (MTSR) shares tank in premarket trading after Novo Nordisk A/S declined to further raise its offer for the US maker of an experimental weight-loss drug, bringing a bidding war with Pfizer Inc. to an end. Novo, the maker of Wegovy and Ozempic, decided to drop out of the running for Metsera on Saturday after Pfizer matched its latest offer in a takeover battle that had caused concern the bidders might be overpaying for an unproven asset. Adding to Novo’s obstacles, Metsera said it got a call from the US Federal Trade Commission flagging potential regulatory risks with the proposed Novo deal structure.- Instacart (CART) shares soared ahead of the US market open after the online grocery company reported third-quarter results that beat expectations, indicating that demand for its core grocery delivery service has been holding strong. Orders grew 14% to 83.4 million in the July-to-September period, the company said in a shareholder letter on Monday. Wall Street was expecting 82.9 million, according to Bloomberg-compiled estimates. Total revenue, which also includes sales from advertising and enterprise software for grocers, was $939 million, again beating expectations. - Tyson Foods (TSN) rallied in early trading despite the company saying it expects results for next year to be little changed as its beef segment continues to lose money, even as the Trump administration points to the meatpacking industry for driving up prices. The US’s biggest meatpacker sees adjusted operating income of $2.1 billion to $2.3 billion for fiscal 2026, compared to $2.29 billion this year. That’s as the beef segment is expected to see an adjusted operating loss of $400 million to $600 million next year, compared to $426 million this year.See omnystudio.com/listener for privacy information.
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4:13
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4:13
Nvidia Moves Higher; Pfizer in Shutdown Flux; Rumble Rises
On this episode of Stock Movers:- Nvidia (NVDA) shares are moving higher in the premarket session with the company paring some of its losses from last week. S&P 500 futures rose 1% after a group of Senate Democrats broke with their party on a procedural measure to help Republicans advance a funding bill. Nasdaq 100 contracts gained 1.5% after the underlying index suffered its worst week since April. Nvidia Corp. led gains among the Magnificent Seven tech stocks in premarket trading, rising more than 3%.- Shares of Pfizer (PFE) edge higher in early trading, despite concerns as the US government shutdown approaches a resolution with no deal regarding healthcare subsidies. Meantime, Novo Nordisk's (NOVO) weekend decision to exit the bidding war for Metsera (MTSR) clears the way for Pfizer's amended offer of $86.25 per share -- or a total of up to $10 billion, which now requires formal Metsera shareholder approval at a November 13th meeting. The implied 10.1x EV-to-2030 consensus sales multiple is at the top end of recent Pharma-Biotech deals and highlights the continued significant interest of large-cap Pharma in clinical-stage obesity assets.- Shares of YouTube competitor Rumble (RUM) soared ahead of the US market open, after the conservative video service agreed to push ahead with a deal for German data center operator Northern Data AG at a reduced price, after news of a tax probe jeopardized the transaction. Northern Data owners will receive 2.0281 Rumble Class A shares per share they tender, it said in a statement Monday. That’s equivalent to about $11.95 per share, or €10.32, using Rumble’s Friday closing price. Bloomberg News reported Sunday that the companies, which are both backed by stablecoin issuer Tether Holdings Ltd., were nearing a deal.See omnystudio.com/listener for privacy information.
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4:22
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4:22
Diageo Rises, JTC Down, ASML Gains
On this episode of Stock Movers:- Diageo named Dave Lewis, the former head of supermarket chain Tesco, as its new CEO as the maker of Guinness stout and Johnnie Walker seeks to reboot after a period of turmoil.- JTC, the London-listed provider of fund solutions and corporate services, agreed an offer from Private equity firm Permira to acquire it for £2.3 billion ($3 billion).- TSMC's October sales growth of 16.9% from a year earlier, released today, could be strong enough to boost ASML's lithography tool demand.See omnystudio.com/listener for privacy information.
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