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 on Wall Street.

  1. HACE 7 H

    Closing Bell: Carvana Climbs, Abbott Drops, Intel Gives Weak Forecast

    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. Carvana (CVNA) shares rose Thursday as Barclays boosted its price target on the online car-selling platform to $530 from $465 and increased its 2026 profit estimate to $7.46 from $7.01. Abbott Laboratories (ABT) said first-quarter profit will be lower than Wall Street expected after the company was forced to offer discounts on nutrition products to lure price-conscious customers, sending shares plunging. The company forecast first-quarter adjusted earnings per share to reach $1.12 to $1.18, compared to the average Wall Street estimate of $1.19 a share. Analysts’ expectations were already low, as they anticipated the company to issue more conservative guidance to avoid the impact of Covid-19 testing sales, which have continued to decline since the pandemic. The shares closed 10% lower Thursday in New York, their biggest one-day decline since June 2002. Intel (INTC) gave a lackluster forecast for the current quarter because supply shortages are making it harder to meet customer demand, a disappointment for investors who anticipated more of a boost from new products. Intel is struggling with its manufacturing yields — the percentage of usable chips coming out of its factories — hampering a comeback bid. The once-dominant semiconductor company has spent years trying to restore its technological edge and recover from market share losses, and this is one more setback. Intel shares fell about 3% in extended trading Thursday following the report. See omnystudio.com/listener for privacy information.

    7 min
  2. HACE 15 H

    Intel Shares Climb; P&G Growth Stalls; Paramount Extends Tender Offer For WBD

    On this episode of Stock Movers:- Intel (INTC) shares jumped as much as 12% on Wednesday to the highest since January 2022 amid a broad rally in semiconductor stocks after Nvidia CEO Jensen Huang talked up the need for trillions of dollars more in computing infrastructure spending.- Procter & Gamble (PG) growth in a key sales metric stagnated in the last quarter while volume slipped, showing that US consumers spent cautiously in the final months of the year.The maker of Pampers diapers and Tide detergent reported flat organic sales, which exclude the impact of currency volatility and acquisitions, in the quarter. That’s the slowest pace in a decade and slightly below the average estimate of analysts. Volume dropped by 1%, dragged down by declines in baby, feminine and family care products.- Paramount Skydance (PSKY) again extended its tender offer for Warner Bros. Discovery Inc. shares, giving investors more time to weigh its proposal to acquire the rival media company.The new offer expires Feb. 20, the parent of CBS, MTV and other entertainment businesses said Thursday in a proxy filing. Paramount has been trying to acquire Warner Bros. since September. The company first launched its tender offer on Dec. 8, three days after Netflix Inc. announced a deal to buy Warner Bros.’ studios and streaming businesses. The company previously extended the offer for another month on Dec. 22. See omnystudio.com/listener for privacy information.

    4 min

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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 on Wall Street.

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