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, Scarlet Fu, Tim Stenovec and Carol Massar.On this episode of Stock Movers:- Vita Coco (COCO) shares rise 5.1% ahead of the bell after BofA analyst Peter Galbo upgrades his recommendation on the coconut water company to buy from neutral, after President Donald Trump issued an order on Friday reducing tariffs on hundreds of food products that can’t be produced in the US in sufficient quantity to meet domestic demand, including coconuts. - Dell (DELL) shares are sliding after Morgan Stanley downgraded it due to sluggish demand. Shares of Dell declined nearly 10% during trading on Monday.- Peter Thiel’s hedge fund Thiel Macro sold off its holdings in Nvidia (NVDA) during the third quarter, according to a 13F filing. The fund offloaded its entire position of 537,742 shares in the world’s premier AI chipmaker, which would have been worth about $100 million based on the closing price from Sept. 30. The filing comes not long after SoftBank Group Corp. announced a similar move to sell off its shares in Nvidia in October for $5.83 billion.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Alphabet (GOOG) shares are rallying on news that Warren Buffett’s Berkshire Hathaway acquired 17.9 million shares in the Google parent during the third quarter. Buffett, 95, who plans to step down as chief executive officer at year-end, has been finding ways to deploy some of Berkshire’s cash pile, which rose to a record $382 billion at the end of the quarter - Dell (DELL) shares are sliding after Morgan Stanley downgraded it due to sluggish demand. Shares of Dell declined nearly 10% during trading on Monday. - StubHub (STUB) and Live Nation shares declined after Financial Times reports that the UK plans to ban the resale of tickets for live events above their original cost. According to analysts at Bloomberg Intelligence, the potential move would "be a dramatic step to combat scalping, given prior proposals were for a cap at 30% above face value. Yet the move would likely have a limited effect on platforms like StubHub and Vivid Seats, given the vast majority of their transactions are in North America."See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Amazon (AMZN) shares fall on news that the company is seeking to raise about $12 billion through a debt offering — its first such deal in US dollars in about three years. The company is selling investment-grade bonds in as many as six parts, with proceeds that may be used for acquisitions, capital expenditures, and share buybacks.- Nvidia (NVDA) shares drop after news that Peter Thiel’s hedge fund Thiel Macro LLC sold its stake in the company during the third quarter, offloading its entire position of 537,742 shares.- Alphabet (GOOGL) shares gained after a report said Warren Buffett's Berkshire Hathaway said it took a stake in Google's parent company last quarter.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Alphabet (GOOGL) shares surge after a report said Warren Buffett's Berkshire Hathaway said it took a stake in Google's parent company last quarter.- Quantum Computing (QUBT) after news that Alyeska Investment Group reported a position in Quantum Computing Inc. in the third quarter, 3 percent of the company's outstanding stock.- Johnson & Johnson (JNJ) shares gain after news that the company agreed to buy Halda Therapeutics for $3.05 billion cash as part of a strategy to cope with eroding sales for its major psoriasis drug.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Shares of Nvidia (NVDA) edged lower in early trading ahead of the company's highly anticipated earnings report due Wednesday after the close. Monday's premarket dip comes after Peter Thiel’s hedge fund Thiel Macro LLC sold off its holdings in Nvidia Corp. during the third quarter, marking another retreat from the leading provider of artificial-intelligence chips. The fund offloaded its entire position of 537,742 shares in the world’s premier AI chipmaker, which would have been worth about $100 million based on the closing price from Sept. 30. The Thiel Macro fund now counts Apple Inc., Microsoft Corp. and a reduced stake in Tesla Inc. as its main bets, according to a 13F filing.- Shares of Alphabet (GOOG) moved higher ahead of the US market open, after regulatory filings Friday showed Warren Buffett’s Berkshire Hathaway acquired 17.9 million shares in the Google parent during the third quarter. Even boasting some of the strongest balance sheets and highest ratings among corporate issuers, software and services providers' increased spending and borrowing have widened their bond spreads, with some facing downgrades. Though spreads are wider, the risk of significant widening, for most, appears contained. In fact, the largest hyperscalers -- including Amazon.com, Microsoft, Alphabet and Meta -- may be among the best positioned across the Bloomberg US Corporate Bond Index, based on Bloomberg Intelligence's credit-driver matrix.- Shares of The EW Scripps Co. (SSP) soared in the premarket trade after Sinclair took a 8.2% stake in the news multimedia company as part of a potential merger strategy that the pair have been discussing for several months, according to a 13D filing. Amid industry headwinds and a more favorable FCC tone on M&A, the company has suggested a large-scale deal could generate $600-$900 million in annual synergies from retransmission step-ups and cost efficiencies.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Alphabet (GOOG) is the biggest gainer among Magnificent 7 tech stocks in US premarket trading Monday, after regulatory filings Friday showed Warren Buffett’s Berkshire Hathaway acquired 17.9 million shares in the Google parent during the third quarter.- Peter Thiel’s hedge fund Thiel Macro sold off its holdings in Nvidia (NVDA) during the third quarter, according to a 13F filing. The fund offloaded its entire position of 537,742 shares in the world’s premier AI chipmaker, which would have been worth about $100 million based on the closing price from Sept. 30. The filing comes not long after SoftBank Group Corp. announced a similar move to sell off its shares in Nvidia in October for $5.83 billion.- Sinclair (SBGI) has taken an 8.2% stake in EW Scripps as part of a potential merger strategy that it has been actively discussing with the company for several months, according to a 13D filing.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Societe Generale unveiled a €1 billion ($1.2 billion) share buyback, a boost for investors who have been holding out for more payouts. SocGen’s share price rose as much as 1.5% in Paris on Monday and was trading 0.5% higher at 10:07 a.m., giving the firm a market value of €44.7 billion.- TotalEnergies SE agreed to buy a 50% stake in a portfolio of western European power-generation assets from Daniel Kretinsky's energy holding company for about €5.1 billion.- WPP shares gain as much as 6.7% as advertising agency Havas has expressed interest in the London-listed company, the Times reported over the weekend.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- WPP shares gain as much as 6.7% as advertising agency Havas has expressed interest in the London-listed company, the Times reported over the weekend. - Saab has a contract with the Colombian government to supply new fighter jets in a deal worth €3.1 billion. Saab shares gained as much as 6% when trading started in the Swedish capital on Monday, taking gains so far this year for the stock to 138%.- SUSS MicroTec aims to increase sales to between €750 million and €900 million by 2030, corresponding to an average annual sales growth of 9% to 13%, according to statement for the company’s Capital Markets Day. Shares rose as much as 4.2% on Tradegate vs the Xetra close.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers, we take a look at some of the biggest gainers and decliners of the week:- Disney (DIS) reported sales that fell short of Wall Street estimates and said a slate of big-budget films, including a new Avatar picture, will weigh on results for the first quarter of its new fiscal year. Shares of Disney fell 7.8% to $107.61 at the close in New York on Thursday following the earnings release. It was Disney's worst one-day loss since April. - Warner Bros. Discovery (WBD) shares bounced around this week on reports that Paramount, Comcast and Netflix were preparing bids for it. On Friday, the media conglomerate amended the contract of Chief Executive Officer David Zaslav to ensure his stock options remain eligible to vest even if it's sold. The change, announced in a regulatory filing Thursday, follows the company’s decision last month to consider strategic options including a possible sale. Shares rallied on Friday to close the week.- Walmart (WMT)'s Chief Executive Officer Doug McMillon recently spoke about the impact of artificial intelligence, saying it’s clear that the technology is going to change “literally every job.” That includes the very one he’s now passing along — a move that fits a tenure defined by staying a step ahead of change. Shares initially fell on the news.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Nvidia (NVDA) shares traded higher amid a broader relief rally in tech stocks and the S&P 500. The relief brought by the US shutdown’s end gave way to volatility this week as a host of Fed speakers threw cold water on bets for further policy easing. Hot areas favored by momentum traders such as artificial-intelligence whipsawed and Bitcoin was barely up for 2025.- Walmart (WMT)'s Chief Executive Officer Doug McMillon, who over a decade ushered the big-box behemoth into the Internet age, will retire in February. He’ll be replaced by US head John Furner — long viewed as the heir apparent. Furner, 51, takes over as Walmart faces a fast-moving shift toward artificial intelligence, an uneven US economy, and a rapidly changing global workforce. The company recently inked a partnership with OpenAI, which will allow shoppers to directly make purchases through ChatGPT. The retailer has said automation has helped it keep headcount steady at about 2 million employees globally. Investors were initially rattled by the change at the top, with the company’s shares sliding as much as 3.6% on Friday. - Nike (NKE) has ended an initiative that gave employees an extra week off each year to promote mental health and wellness. Nike’s annual “Wellness Week,” which started in 2021, had been held each August, with the world’s largest sportswear company powering down its corporate headquarters in Beaverton, Oregon, to give staff more time to unwind. Chief People Officer Treasure Heinle told staff this week that the program was instituted as the world endured Covid-19, but the company is now in a “pivotal moment” that requires changes in how employees approach their work, according to a replay of the meeting reviewed by Bloomberg News. Shares of Nike fell.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Cidara Therapeutics (CDTX) shares rise after Merck agreed to acquire Cidara Therapeutics for $221.50 a share in cash in a tender offer, for a total transaction value of about $9.2 billion. Merck is seeking deals to expand its portfolio of treatments as it prepares for patent losses that are expected to erode its sales over the next five years, including a patent expiration for Keytruda in 2028.- Stubhub shares tumble as much as 31% on Friday, with analysts surprised that the ticketing platform did not provide a forecast for the current quarter. This is the firm’s first quarterly report after going public in September. Bank of America downgraded the stock to neutral, as the call commentary and lack of 4Q guidance “added estimate uncertainty.”- Warner Brothers-Discovery (WBD) shares rise after WSJ report that Warner Bros. Discovery is holding an auction process, with Paramount, Comcast, and Netflix preparing bids, according to people familiar with the matter.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Merck (MRK) shares drop after the company agreed to acquire Cidara Therapeutics in a $9.2 billion deal, which is a biotech company developing a flu treatment. Merck will pay $221.50 a share in cash for Cidara in a tender offer, more the twice Thursday’s closing price.- Walmart (WMT) shares fall after Walmart CEO Doug McMillon said he will retire in February and be replaced by John Furner. Furner has been long viewed as an heir apparent for McMillon and runs the company’s largest business in the US.- Nvidia (NVDA) shares are little changed. It's set for 2 weeks of declines, the longest streak since early September. Nvidia earnings are next week and over the past year have often been a catalyst to sell; particularly 3-5 days after the event.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Shares of biotech company Cidara Therapeutics (CDTX) surged as much as 106% in premarket trading after Merck agreed to buy the biotech for $221.50 per share in cash, for a total transaction value of about $9.2 billion. Merck is seeking deals to expand its portfolio of treatments as it prepares for patent losses that are expected to erode its sales by $18 billion over the next five years. In 2028, Merck faces a patent expiration for Keytruda, the best-selling drug in pharmaceutical history which accounted for almost half of the company’s revenue last year.- Stubhub (STUB) shares tumble as much as 20% in premarket trading on Friday as analysts note that it was surprising that the ticketing platform did not provide a forecast for the current quarter. This is the firm’s first quarterly report after going public in September. - Warner Bros. Discovery (WBD) shares rallied ahead of the US market open following a Wall Street Journal report that Paramount, Comcast and Netflix are preparing bids for the media giant. WBD amended the contract of Chief Executive Officer David Zaslav to ensure his stock options remain eligible to vest even if the media company is sold. The change, announced in a regulatory filing Thursday, follows the company’s decision last month to consider strategic options including a possible sale.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Shares of Applied Materials (AMAT) tumbled in premarket trading after the company suffered a sales decline last quarter and predicted another drop in the current period, though the chip-equipment maker sees demand improving in the second half of 2026. Sales will be approximately $6.85 billion in fiscal first quarter, which runs through January, the company said in a statement Thursday. Though that was slightly higher than the $6.81 billion average estimate, it would represent a decline of more than 4% from the year-earlier period.- Warner Bros. Discovery (WBD) shares edged higher in premarket trading following a Wall Street Journal report that Paramount, Comcast and Netflix are preparing bids for the media giant. WBD amended the contract of Chief Executive Officer David Zaslav to ensure his stock options remain eligible to vest even if the media company is sold. The change, announced in a regulatory filing Thursday, follows the company’s decision last month to consider strategic options including a possible sale.- Shares of Merck (MRK) moved lower ahead of the US market open after word the company is closing in on a deal to acquire Cidara Therapeutics Inc., a biotech company developing a treatment for influenza, according to the Financial Times. The deal would value San Diego-based Cidara at a premium to its current valuation of $3.3 billion and could be announced as soon as Friday, the newspaper reported.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Richemont sales climbed as shoppers from the US to China snapped up the luxury group’s pricey Cartier and Van Cleef & Arpels jewelry.- PPHE Hotel Group's biggest shareholders are considering options for the real estate company behind Park Plaza Hotels in Europe, including contributing capital or selling some of their stakes. - Ubisoft decided to delay the publication of its first-half financial results on the day that they were due to be released, requesting hat the trading of its shares be halted.See omnystudio.com/listener for privacy information.