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. 2 hr ago

    MSG Sports; Intel Soars; SpaceX Set to Decline

    Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Shares of Madison Square Garden Sports (MSGS) declined on Wall Street as the New York Knicks' championship parade packed Lower Manhattan with fans, cops, and confetti. A ticker-tape parade stepped off from Bowling Green in Lower Manhattan, traveling north along Broadway. Players including Jalen Brunson, Mikal Bridges, OG Anunoby and Karl-Anthony Towns — accompanied by New York City Mayor Zohran Mamdani and the state’s governor, Kathy Hochul — rolled along the “Canyon of Heroes” on floats, waving to sidewalks crammed with fans, many of whom had been waiting for hours to get a glimpse of the champs. The parade will conclude at City Hall Plaza with a ticketed ceremony where Mamdani will present the team with keys to the city.- Shares of Intel (INTC) surged Thursday after US President Donald Trump said the chipmaker will work alongside Apple Inc. to design and produce semiconductors domestically. Trump didn’t elaborate on that tie-up, which he mentioned after championing Nvidia Corp. and Elon Musk’s Terafab chipmaking ambitions in a Truth Social post. The iPhone maker has held exploratory discussions about using Intel and Samsung Electronics Co. to produce the main processors for its devices in the US.- SpaceX (SPCX) shares moved lower Thursday, putting them on track to fall for a second straight day as it wraps up its first week as a public company following a record initial public offering. The stock fell as much as 3.5% in premarket trading after initially rising 2%. The move is set to extend Wednesday’s nearly 5% decline, the first down day for shares after they jumped 49% across their first three days of trading. Still, the rocket and AI company remains on track to end the week nearly 40% above its $135 IPO price. See omnystudio.com/listener for privacy information.

    4 min
  2. 4 hr ago

    SpaceX Set to Fall; Accenture Sinks; Take Two Climbs on GTA Update

    Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- SpaceX (SPCX) shares slipped in premarket trading, putting them on track to fall for a second straight day as it wraps up its first week as a public company following a record initial public offering. The stock fell as much as 3.5% in premarket trading after initially rising 2%. The move is set to extend Wednesday’s nearly 5% decline, the first down day for shares after they jumped 49% across their first three days of trading. Still, the rocket and AI company remains on track to end the week nearly 40% above its $135 IPO price.- Shares of Accenture (ACN) tumbled after the IT services company gave a revenue forecast for the fourth quarter that fell short of Wall Street’s expectations. The company said it’s expecting to reel in less revenue in the coming months, as artificial intelligence upends the consulting services industry and clients paused business due to the conflict in the Middle East. Accenture reported a 2% drop in new bookings for the quarter ended May 31, according to a statement Thursday. It forecast revenue of between $17.75 billion and $18.4 billion in the three months through August, falling short of the $18.47 billion Bloomberg-compiled analysts had anticipated.- Take-Two (TTWO) shares jumped on Thursday as its Rockstar Games unit says that pre-orders for its much-anticipated Grand Theft Auto VI game will begin on June 25. GTA VI is widely expected to be one of the biggest video games ever. The previous entry in the long running crime drama series has sold more than 225 million copies. In a recent interview, Chief Executive Officer Strauss Zelnick said he was both excited and terrified about the expectations surrounding the game. See omnystudio.com/listener for privacy information.

    3 min
  3. 21 hr ago

    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.

    5 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 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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