Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Shares of Taylor Morrison Home Corp. (TMHC) soared in premarket trading after Berkshire Hathaway said it will acquire the homebuilder in an all-cash deal worth about $6.8 billion. It marks the first major purchase under chief executive Greg Abel and a vote of confidence in the US housing market. The offer of $72.50 per common share represents a 24% premium to the home builder’s latest closing price on Friday. It’s the largest deal since Berkshire bought Occidental Petroleum Corp.’s petrochemical business in January.
- Shares of MGM Resorts International (MGM) rallied ahead of the US market open after the New York Times’ DealBook reported that Barry Diller’s People Inc. is preparing an offer to buy its unowned portion of the casino giant at an $18 billion valuation. The bid marks the second major acquisition in the gaming sector in as many weeks, after Fertitta Entertainment acquired Caesars Entertainment last week in an all-cash transaction valued at about $17.6 billion.
- Shares of IBM (IBM) jumped in the early session after a video of President Trump praising the company’s CEO and discussing the stock at a December event recirculated on social media over the weekend. In the clip, Trump says IBM CEO Arvind Krishna had “taken the stock from a rather low price to a very nice price.” Dozens of accounts, including Polymarket Money, posted video of the comments on the social media site X.
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Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Shares of Nvidia (NVDA) rallied ahead of the US market open after CEO Jensen Huang announced the company's plan to enter the PC market with a new chip aimed at loosening the stranglehold of Intel's technology in that arena and modernizing the machines for the AI era. Starting this fall, Nvidia’s new RTX Spark Superchip will debut in laptop and desktop computers from leading PC brands including Dell Technologies Inc. and Lenovo Group Ltd.
- Berkshire Hathaway Inc. (BRK/A) says it will acquire Taylor Morrison Home Corp. (TMHC) in an all-cash deal worth about $6.8 billion. It marks the first major purchase under chief executive Greg Abel and a vote of confidence in the US housing market. The offer of $72.50 per common share represents a 24% premium to the home builder’s latest closing price on Friday. It’s the largest deal since Berkshire bought Occidental Petroleum Corp.’s petrochemical business in January.
- Shares of Hewlett Packard Enterprise (HPE) rallied in premarket trading ahead of second-quarter results due after the market close on Monday. Expectations could be elevated after a blowout report from peer Dell Technologies, which showed huge demand for AI servers. Shares jumped as much as 16.7% on Friday, following Dell’s report. The stock is up 83% this year. However, analysts caution that high prices for memory-related components could be a headwind.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- London-listed shares in Pan African Resources slid as much as 12% to their lowest intraday level since March after the precious metals miner projected full-year production to be at the lower range of guidance.
- Nokia shares climb as much as 5.6% as tech stocks rally amidst an AI spending boom.
- EasyJet Plc’s board called the overture by investment firm Castlelake LP “highly opportunistic” as the UK budget carrier grapples with a depressed stock price, cautioning that attempting a takeover would be fraught with risk.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- EasyJet Plc’s board called the overture by investment firm Castlelake LP “highly opportunistic” as the UK budget carrier grapples with a depressed stock price, cautioning that attempting a takeover would be fraught with risk.
- Schneider Electric is one of a number of data centre equipment companies boosted by traders' AI optimism and Softbank's plans to invest in French data centres.
- Universal Music rejected an unsolicited offer from Bill Ackman’s Pershing Square Capital Management, saying it’s not in the best interest of its shareholders or artists.
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Earnings are in focus with Broadcom, Crowdstrike, and Macy's reporting in the coming days.
Bloomberg's Nathan Hager previews the numbers with Natalia Kniazhevich, Bloomberg Equities Reporter.
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