Gap's CEO is battling to save the iconic brand and now it's confronting headwinds from President Trump's tariff policy. The iconic ’90s retailer was on the precipice of death for years. Richard Dickson finally had momentum for a comeback—then came Trump. Bloomberg's Amanda Mull explains the story, in conversation with Carol Massar and Tim Stenovec.See omnystudio.com/listener for privacy information.
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13:03
Deep Dive: Carnival Earnings Lift Cruise Stocks
Carnival Corp. shares jumped after it raised its full-year profit outlook as cruise demand has shrugged off the volatile economic and geopolitical backdrop. Its stock surged, while peers Royal Caribbean Cruises Ltd., Norwegian Cruise Line Holdings and Viking Holdings Ltd. also rose. The industry appears to be rebounding from earlier worries that demand was softening for vacations. Cruise businesses are also insulated during downturns by customers increasingly booking further in advance, drawn to tickets that offer significant discounts relative to other travel options. Tim Stenovec and Carol Massar discuss the news with Bloomberg Intelligence Analyst Brian Egger.See omnystudio.com/listener for privacy information.
On this episode of Stock Movers:- Equinix (EQIX) shares ended the week higher after seeing two days of consecutive losses. It was the second-best performing stock in the S&P 500 on Friday, following shares falling nearly 20% in the previous two trading sessions. - Royal Caribbean (RCL) shares ended the week higher, driven by Carnival Cruise, which raised its guidance for the second time this year. Carnival CEO Josh Weinstein told analysts in the earnings call that he sees no signs that demand in the travel sector will slow. - Enphase Energy (ENPH) shares, along with other US solar companies saw their shares rise as investors keep close tabs on how the clean energy industry could be impacted by regulatory changes as President Donald Trump's tax bill makes its way through Congress.See omnystudio.com/listener for privacy information.
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4:27
Nike Jumps, Uber Drops, Estee Lauder Rises
On this edition of Stock Movers:- Nike (NKE) shares jumped as much as 15%, the most intraday since December 2022, after forecasting a smaller-than-expected drop in revenue for the current quarter, a sign that the sportswear company's earnings trend may have hit an inflection point, according to analysts. Nike said its yearlong sales decline is starting to ease, suggesting that Chief Executive Officer Elliott Hill’s strategic moves are paying off. Before today, the stock had lost a third of its value over the past 12 months.The sportswear company expects sales to fall by a mid-single digit in the current quarter, a smaller drop than Wall Street anticipated and an improvement from the previous three-month period. Nike didn’t issue guidance for its full fiscal year due to tariffs and uncertainty.- Uber (UBER) and Lyft (LYFT) stocks fell after both names were downgraded to hold from buy at Canaccord Genuity as analyst George Gianarikas sees “potential for rapid disruption.”- Estee Lauder (EL) shares rose after being upgraded to buy from hold and increased its price target.See omnystudio.com/listener for privacy information.
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5:01
Nike Rises, Uber Falls, United Natural Foods Climbs After Cybersecurity News
On this episode of Stock Movers:- Nike (NKE) shares rise after the sneaker company's said its yearlong sales decline is finally starting to ease, suggesting that CEO Elliott Hill's strategic moves are paying off.- Uber (UBER) and Lyft (LYFT) shares fall after both rideshare firms were downgraded to hold from buy at Canaccord Genuity as analyst George Gianarikas sees “potential for rapid disruption.”- United Natural Foods (UNFI) is climbing after the food distributor said a previously disclosed cybersecurity incident has been contained, and it’s now regularly receiving and shipping products to retailers across its network.See omnystudio.com/listener for privacy information.
Stock Movers features five-minute conversations on today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
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