Stock Movers

On this episode of Stock Movers:- Shares of Tesla (TSLA) are outperforming Magnificent Seven shares in premarket trading ahead of the electric-car maker’s fourth-quarter production and deliveries report. Earlier this week, the company took the unusual step of publishing a series of sales estimates indicating the outlook for its vehicle deliveries may be lower than many investors were expecting.- ADRs of Chinese tech giant Baidu (BIDU) soared ahead of the US market open after the company's artificial-intelligence chip unit confidentially filed for a Hong Kong initial public offering, kicking off what’s expected to be a busy year for listings by companies backing China’s technological ambitions. The Beijing-based firm said a carve-out listing would better reflect the value of Kunlunxin and appeal to investors focused on general-purpose AI computing chips and related software and hardware systems. Kunlunxin submitted its application to the Hong Kong stock exchange on Friday, Baidu said, adding that details including the size and structure of the IPO haven’t been finalized.- Shares in furniture stocks could be active on Friday after President Trump delayed tariff increases on upholstered furniture, kitchen cabinets and vanities, easing the pace of his levies as voter frustration over price levels continues to simmer. Shares of Wayfair (W) and RH (RH) both edged higher in the early session.See omnystudio.com/listener for privacy information.

On This episode of Stock Movers:- Orsted filed a legal complaint after the Trump administration suspended the lease of a wind project that’s near completion off Rhode Island. Orsted rose as much as 3.7% at the open on Friday. - BE Semiconductor Industries climbs as much as 8.2% on Friday, the most since October, boosted by a rally in Asian technology stocks, led by chipmakers and artificial intelligence-related names. - British American Tobacco shares fall as much as 2.7%, hitting the lowest intraday level since Dec. 9., after its Indian subsidiary ITC dropped in response to the government’s move to sharply raise excise duty on cigarettes.See omnystudio.com/listener for privacy information.

On This episode of Stock Movers:- Vestas gains as much as 4%, reaching the highest since June 2024, as JPMorgan says the firm is set to deliver orders above expectations in the fourth quarter, supporting view that fundamentals for the wind industry are improving.- Munters shares rise 8.1% after orders for data centre equipment - Shares of ITC Ltd. plunged the most in nearly six years after a higher levy on tobacco products by the government fuelled concerns about its impact on India’s largest cigarette maker.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Nike (NKE) shares end the day higher after CEO Elliott Hill reported the purchase of about $1 million in shares. Last week, Apple CEO and Nike board member Tim Cook announced he was buying shares of the sportswear company. - Trump Media and Technology Group (DJT) ends the day up more than 5% after the company said it plans to issue a new cryptocurrency, which will be distributed among its shareholders. Each of Trump Media’s shareholders will receive one token per share, the company said. Trump himself is the company’s largest shareholder with a 41% stake in the business, according to data compiled by Bloomberg. - Corcept (CORT) shares plunged after US regulators rejected the company’s drug to treat a form of high blood pressure. The Food and Drug Administration “could not arrive at a favorable benefit-risk assessment” for the company’s drug, relacorilant, without more evidence of its effectiveness, the Redwood City, California-based company said in a statement Wednesday.See omnystudio.com/listener for privacy information.

On this episode of stock movers: Nike (NKE) shares rose on Wednesday after CEO Elliott Hill reported the purchase of about $1 million in shares. Corcept (CORT) shares fell after US regulators rejected the company’s drug to treat a form of high blood pressure. The Food and Drug Administration “could not arrive at a favorable benefit-risk assessment” for the company’s drug, relacorilant, without more evidence of its effectiveness, the Redwood City, California-based company said in a statement Wednesday. Trump Media and Technology Group (DJT) shares rose on news the company, which operates President Donald Trump’s Truth Social platform, plans to issue a new cryptocurrency, which will be distributed among its shareholders. See omnystudio.com/listener for privacy information.