On this episode of Stock Movers: - PulteGroup (PHM) sinks after a CFRA analyst downgraded the company calling it "overvalued." The rout comes during a tough week for homebuilder stocks as resident Donald Trump and Federal Housing Finance Agency Director Bill Pulte issue as series of social posts aimed at homebuilders and Fannie Mae and Freddie Mac. - Delta (DAL) stocks flew higher as the company reported a better-than-expected earnings for the third quarter, and predicted strong demand into next year. - Pepsi (PEP) shares rise on an earnings beat, as the CEO said the company is working to cut costs and overhaul its portfolio to meet consumers’ shifting tastes, while it engages in discussions with an activist investor See omnystudio.com/listener for privacy information.
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6:26
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6:26
Delta Gains, PepsiCo Rises, Ferrari Sinks on Cautious Forecasts
On this episode of Stock Movers:- Delta (DAL) shares rise after the carrier updated its adjusted earnings per share forecast for the full year, with the new guidance beating the average analyst estimate.- PepsiCo (PEP) shares rise after news that the company is working to cut costs and overhaul its portfolio to meet consumers’ shifting tastes, while it engages in discussions with an activist investor.- Ferrari (RACE) shares plunge after the carmaker issued cautious forecasts that disappointed investors, marring a coming-out party for the company’s first electric vehicle.See omnystudio.com/listener for privacy information.
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3:43
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3:43
Delta Rises, Novo Falls, MP Materials After WSJ Report
On this episode of Stock Movers:- Delta (DAL) shares rise after the carrier updated its adjusted earnings per share forecast for the full year, with the new guidance beating the average analyst estimate.- Novo Nordisk shares (NVO) fall after the company agreed to buy Akero Therapeutics Inc. for as much as $5.2 billion to expand its portfolio in a type of liver disease linked to obesity.- MP Materials (MP) shares rise after China tightened its control over critical minerals used to make high-tech products including electric vehicles and jet fighters, the Wall Street Journal reported.See omnystudio.com/listener for privacy information.
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3:51
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3:51
Delta and Pepsi Report; Ferrari's Major Slide
On this episode of Stock Movers:- Delta (DAL) is popping after it reported better-than-expected earnings for the third quarter, helped by leisure travelers and a rebound in corporate travel. The carrier predicted continued strong demand into next year, with full-year EPS expected to be about $6, ahead of the analyst consensus.- PepsiCo (PEP) is up despite reporting organic revenue growth for the third quarter that missed estimates as US shoppers purchase fewer processed snacks and sugary sodas. The food and beverage company, which owns the Lay’s, Gatorade and Quaker brands, reported organic revenue growth of 1.3%, below what analysts polled by Bloomberg expected.- Ferrari (RACE) shares posted their biggest intraday drop since 2016 after a cautious forecast at its investor day disappointed investors. The company raised its forecast for profit and revenue slightly for this year and issued longer-term guidance for 2030, with net revenue this year forecast to equal or exceed €7.1 billion.See omnystudio.com/listener for privacy information.
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4:17
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4:17
Delta Beat; Pepsi Miss; Ferrari Slumps
On this episode of Stock Movers:- Delta (DAL) is popping after it reported better-than-expected earnings for the third quarter, helped by leisure travelers and a rebound in corporate travel. The carrier predicted continued strong demand into next year, with full-year EPS expected to be about $6, ahead of the analyst consensus.- PepsiCo (PEP) is up despite reporting organic revenue growth for the third quarter that missed estimates as US shoppers purchase fewer processed snacks and sugary sodas. The food and beverage company, which owns the Lay’s, Gatorade and Quaker brands, reported organic revenue growth of 1.3%, below what analysts polled by Bloomberg expected.- Costco (COST) is higher after the warehouse club reported comparable sales growth that beat analyst estimates for September, helped by a rise in both foot traffic and amount spent per customer.- Ferrari (RACE) shares posted their biggest intraday drop since 2016 after a cautious forecast at its investor day disappointed investors. The company raised its forecast for profit and revenue slightly for this year and issued longer-term guidance for 2030, with net revenue this year forecast to equal or exceed €7.1 billion.See omnystudio.com/listener for privacy information.
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