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. 10H AGO

    Closing Bell: Marvell Rallies, Boeing Soars, BlackRock Falls

    Today's biggest winners and losers in the stock market. 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. - Marvell Technology (MRVL) shares jumped as much as 19% after the chipmaker delivered a bullish sales outlook, saying that data center demand was growing even faster than anticipated. Revenue will be as much as $2.52 billion in the fiscal first quarter, which runs through April, Marvell said in a statement Thursday. Analysts had estimated $2.28 billion on average. - Boeing (BA) is closing in on one of the largest sales in its history, a 500-aircraft order for 737 Max jets set to be unveiled when President Donald Trump travels to Beijing for his first state visit to China since 2017, people familiar with the matter said. Boeing’s aircraft stand to feature prominently in a trade agreement between China President Xi Jinping and Trump, who has used the US planemaker as a tool to sweeten accords with other governments. Boeing shares jumped as much as 4% following Bloomberg’s report. The stock was the best performer on the 30-member Dow Jones Industrial Average index as of 2:30 p.m. Friday in New York. - BlackRock (BLK) curbed withdrawals from one of its biggest private credit funds after client requests for redemptions spiked, the latest sign of investor anxiety about the $1.8 trillion private credit industry. The firm’s $26 billion HPS Corporate Lending Fund, one of the largest non-traded business development companies, said in a statement Friday that shareholders requested 9.3% of their shares, but management decided to cap the repurchases at 5%. While the total value of shares would have been about $1.2 billion, according to Bloomberg calculations, investors will get back about $620 million that the fund held at year-end. BlackRock shares fell as much as 8.3% on Friday, while the stocks of alternative asset managers including KKR & Co. and Ares Management Corp. also swooned, as they’re off to their worst start to a year in a decade. See omnystudio.com/listener for privacy information.

    8 min
  2. 12H AGO

    Costco Reverses Drop, Gap Slips, Day One Soars

    Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Costco (COST) shares are up, erasing an earlier decline, after the club chain reported strong second-quarter results. While bears point out that paid membership growth rates slowed during the quarter, Morgan Stanley attributes the deceleration to fewer new warehouse openings. Costco’s premium valuation is also a point of contention, as it trades at about 47 times forward earnings, which is ahead of Walmart and well above peer BJ’s Wholesale. Shares are up 16% year-to-date while the S&P 500 Index has slid 1.1%. - Gap (GAP) reported fourth-quarter sales and profit that came in slightly below expectations, as two of its apparel chains underperformed. Old Navy, the company’s biggest brand, and Athleta, its smallest, missed comparable-sales estimates, while Gap and Banana Republic beat. Shares of Gap fell as much as 11% on Friday. That erased the stock’s gain for the year and was the biggest intraday drop since May. - Day One Biopharmaceuticals (DAWN) saw its shares leap as much as 66%, the most intraday since June 2022, after Servier agreed to acquire the biotech company for $21.50 per share in cash, representing a total equity value of approximately $2.5 billion. Servier agreed to pay $21.50 a share for Day One in a deal that’s expected to close in the second quarter, the companies said on Friday. That’s a 68% premium to Day One’s closing price on Thursday. 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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