Stock Movers

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Listen for five-minute conversations on today's biggest winners and losers in the stock market.  Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

  1. 1 hr ago

    Tesla Tumbles, American Airlines Sinks, Allegion Rises

    Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers:- Tesla (TSLA) shares tumbled after disappointing quarterly results raised questions about Elon Musk’s plan to refocus the electric vehicle maker on artificial intelligence and robots. Profit fell short of Wall Street’s estimates for the period as spending on ambitious initiatives surged to $5.8 billion, resulting in Tesla’s first cash burn in two years. The company still expects capital expenditures in excess of $25 billion this year, and executives are now predicting even larger outlays going forward to support expansion of factory operations and AI development.-American Airlines (AAL) shares sink as much as 9.3%, the most intraday in a year, after the airline operator slashed its annual guidance and forecast a loss per share for its third quarter due to sharply higher fuel costs compared with the year-ago period.- Shares of Allegion (ALLE) rose after the global security products and solutions provider raised its full-year outlook for revenue and adjusted earnings per share. The stock was up 11% to $155.38 in recent trading, paring its year-to-date decline to 2.9%. Chief Executive John Stone said the company sees continued strength in its Americas non-residential business and positive momentum in demand indicators, but there is weaker demand in some European markets. See omnystudio.com/listener for privacy information.

  2. 23 hr ago

    Alphabet, Tesla Fall on Earnings. IBM Rises on Cost-Saving Initiatives

    Today's biggest winners and losers in the stock market, a look at the notable movers:On this episode of Stock Movers:- Alphabet (GOOGL) reported second-quarter cloud revenue that far surpassed Wall Street’s expectations and strong gains in users of its Gemini artificial intelligence system, offering fresh evidence that the company’s massive AI investments are beginning to pay off. The Google parent said cloud sales totaled $24.77 billion for the quarter ended June 30, a jump of 82% over the same period last year. That was better than the $22.46 billion that analysts expected, according to data compiled by Bloomberg. Monthly active users of its Gemini app reached 950 million, well above estimates of 920 million. Shares Fall 2% After 2Q Earnings Report- Tesla's (TSLA) second-quarter earnings fell short of Wall Street's estimates, with adjusted earnings per share of 33 cents. The company reported negative free cash flow of $1.09 billion and operating costs that surged 47% to $4.35 billion. Revenue was $28.2 billion in the quarter, beating market expectations, with subscriptions for Full Self-Driving software rising to nearly 1.5 million. Shares fell 2.8%- International Business Machines (IBM) cut its full-year sales outlook, including for its software unit, after reporting a dip in demand for its mainframe business. Revenue will increase 4% to 5% this year, down from a prior outlook of more than 5%, and software unit annual sales will gain 6% to 8%. IBM will accelerate cost-saving initiatives and continues to expect an additional $1 billion in free cash flow this year through reducing third-party tech spending and administrative costs. The shares rose about 3% See omnystudio.com/listener for privacy information.

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Listen for five-minute conversations on today's biggest winners and losers in the stock market.  Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

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