Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Whitbread was upgraded to market perform from underperform at Bernstein, which says it’s “time to adopt a more constructive stance.”
- Royal Unibrew reported EPS below estimates and sales in line with estimates. Trading volume was 376 times the average for this time of day.
- H&M is placed on a 90-day positive catalyst watch at Citi ahead of the Swedish fashion retailer’s third-quarter results, which are expected to show resilience.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- BHP Group’s full-year profit rose by almost a third, thanks to improved copper and iron ore prices that helped the world’s largest miner beat forecasts, just as new boss Brandon Craig takes the helm.
- Tokyo Electron is trading lower as Japan sees rates pressure feed into the tech sector with bond yields higher across the curve.
- Alibaba is higher ahead of reporting earnings later this week.
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Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:

- SpaceX (SPCX) shares are trading higher and above their IPO price after a fresh batch of 13F filings showed several major institutions holding multibillion-dollar positions in the company. Alphabet reported ownership of approximately 551 million SpaceX shares worth close to $94 billion in an Aug. 7 filing.

- JetBlue Airways (JBLU) shares drop as much as 4.8% after Seaport Global Securities cut the recommendation on the airline to neutral from buy. Analyst Daniel McKenzie says balance sheet risk moves to the front burner without the Strait of Hormuz opening, which was a critical assumption behind Seaport’s JBLU upgrade last April. McKenzie says that the shares “could ultimately become worthless” if JBLU’s balance sheet becomes too indebted due to oil spikes from increased hostilities with Iran, which may force the carrier to boost debt to fund losses

- Nike (NKE) stock fell more than 3% on Monday, hitting a fresh 52-week low of $39.41. The primary immediate trigger for the drop stems from premium competitor On Holding AG and its recent financial guidance. Nike remains pinned below its major moving averages, which keeps the longer-term bias bearish until price can reclaim key trend lines.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Scarlet Fu, Isabelle Lee, Carol Massar and Joe Deaux

- AI-linked stocks are rising on Monday after Anthropic PBC told prospective investors that its preliminary second quarter revenue was $11.5 billion, an at least 14-fold increase versus the same period a year ago. Among stock gainers: Nvidia +0.02%, Micron +4.3%, Marvell Technology +6.4%, Western Digital +6.0%, Lumentum +2.3%, Coherent +5.4%, Sandisk +7.5%, Applied Materials +4.8%, KLA +2.4%, Bloom Energy +4.8%

- SpaceX (SPCX) shares are trading higher and above their IPO price after a fresh batch of 13F filings showed several major institutions holding multibillion-dollar positions in the company. Alphabet reported ownership of approximately 551 million SpaceX shares worth close to $94 billion in an Aug. 7 filing.

- EyePoint (EYPT) shares sink 69% after the drug developer said its experimental treatment for an eye disease failed to meet its primary goal in a late-stage trial. The disappointing results spurred a downgrade at Cantor
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:

- AI-linked stocks are rising on Monday after Anthropic PBC told prospective investors that its preliminary second quarter revenue was $11.5 billion, an at least 14-fold increase versus the same period a year ago. Among stock gainers: Nvidia +0.02%, Micron +4.3%, Marvell Technology +6.4%, Western Digital +6.0%, Lumentum +2.3%, Coherent +5.4%, Sandisk +7.5%, Applied Materials +4.8%, KLA +2.4%, Bloom Energy +4.8%

- JetBlue Airways (JBLU) shares drop as much as 4.8% after Seaport Global Securities cut the recommendation on the airline to neutral from buy. Analyst Daniel McKenzie says balance sheet risk moves to the front burner without the Strait of Hormuz opening, which was a critical assumption behind Seaport’s JBLU upgrade last April. McKenzie says that the shares “could ultimately become worthless” if JBLU’s balance sheet becomes too indebted due to oil spikes from increased hostilities with Iran, which may force the carrier to boost debt to fund losses

- Nike (NKE) stock fell more than 3% on Monday, hitting a fresh 52-week low of $39.41. The primary immediate trigger for the drop stems from premium competitor On Holding AG and its recent financial guidance. Nike remains pinned below its major moving averages, which keeps the longer-term bias bearish until price can reclaim key trend lines.
See omnystudio.com/listener for privacy information.