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. 3시간 전

    SpaceX Falls for the First Time, CarMax Drops, Allbirds Changes Name to Smartbird

    On this episode of Stock Movers: - SpaceX (SPCX) shares declined for the first time since its record initial public offering, snapping a three-day rally that had reached nearly 50%. Shares of Elon Musk’s rocket and AI firm fell about 5% after a volatile session that saw the stock initially gain as much as 6% before reversing. 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. Still, the shares are more than 42% above their $135 IPO price. - CarMax (KMX) shares dropped after same-store sales and used-car profit declined for a fourth straight quarter, raising questions about the durability of its turnaround effort. Shares tumbled as much as 9.4% in New York trading. The stock had gained 35% this year through Tuesday’s close, though it’s still down by two-thirds since its 2021 high. - Allbirds (BIRD), the maker of once-viral wool sneakers that suddenly announced a pivot to artificial intelligence earlier this year, has officially renamed itself Smartbird Inc. and is tapping the former leader of a Danish AI infrastructure group as its new chief. Nadia Carlsten is taking over as chief executive officer, replacing Joe Vernachio who has resigned from the company and the board of directors. Lily Yan Hughes, who has served as an independent director on the company’s board, was appointed board chair. The company’s shares initially soared on news of the pivot to AI, but the stock has since erased much of those gains. See omnystudio.com/listener for privacy information.

    5분
  2. 1일 전

    Closing Bell: SpaceX Becomes World's Fifth Largest Stock, Snap Falls, Tractor Supply Slides

    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 Greifeld, Carol Massar and Tim Stenovec. - SpaceX (SPCX) jumped for a third straight day on Tuesday, overtaking Amazon in value to become the fifth-largest stock in the world. Shares closed 4.8% higher, pushing its market capitalization to $2.65 trillion, roughly $8 billion higher than Amazon’s. At the stock’s intraday high, the market value of Elon Musk’s rocket and AI company topped Microsoft Corp. to briefly become the world’s fourth-largest stock. - Snap (SNAP) introduced Specs, a $2,195 pair of augmented reality glasses that co-founder Evan Spiegel described as a leapfrog advancement and the computer of the future. The thick-rimmed eyeglasses, which go on sale this fall, were unveiled at the AWE mixed-reality conference in Long Beach, California, on Tuesday. They have a traditional, albeit bulky, design, and the lenses can automatically transition between clear and tinted states depending on lighting conditions. The stock fell in trading on Tuesday. - Tractor Supply (TSCO) shares dropped after the farm store chain was downgraded at Truist and Piper Sandler, citing concerns about competition, including Lowe’s, and a falling large dog population that reduces the company’s TAM. See omnystudio.com/listener for privacy information.

    7분

소개

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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