Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
Schneider Electric has announced a $3.1 billion all-cash deal to acquire Cognite Holding, expanding its industrial data and AI software business. Analysts say the acquisition multiple seems high, but flag that it only represents a bolt-on deal considering Schneider’s market capitalization of about €165 billion.
Associated British Foods reported lower sales at its Primark budget fashion chain and a profit-hit at its sugar unit due to the war in Iran, as the conglomerate prepares to separate its clothing and food divisions.
JD Sports struggles with a tough consumer environment, amidst growing pressure in the sportswear market.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
In Taiwan the capex beneficiary story remained healthy. Gains were seen for a number of firms including a jump of as much as 5.2% for TSMC.
In China there have been some non tech movers including insurance firms. China Life fell as much as 4.7%.
The Kospi Index fell, as the National Pension Service is set to resume re-balancing its domestic stock holdings after a temporary suspension. SK Hynix dropped as much as 5.2%
See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Nike (NKE) shares slipped in late trading on Tuesday as cautious comments from executives offset results in the latest quarter that outpaced expectations. Sales of $11 billion in the fiscal fourth quarter ended May 31 surpassed the average of estimates compiled by Bloomberg, while earnings per share also exceeded expectations.
-Verizon Communications (VZ) and AT&T (T) are among telecommunications stocks extending losses after news that Space Exploration Technologies and Charter Communications held executive-level talks about partnering on a consumer mobile phone offering that could directly challenge wireless providers, according to people familiar with the matter.
- Strategy (MSTR) shares are under pressure Tuesday as Bitcoin breaks below $59,000 and crypto‑related stocks weaken across the board.
See omnystudio.com/listener for privacy information.

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 Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
- Shares of semiconductor-related companies rallied as increased investments from leading chipmakers in South Korea bolster investors’ optimism. ASML (ASML) hit a fresh record in Amsterdam earlier. In the US, chip equipment suppliers like Applied Materials (AMAT) and KLA (KLA) closed higher in New York trading. A growing list of analysts turned more positive on chip-tool makers in June, expecting top chipmakers to speed up equipment purchases.
- AT&T (T) and Verizon (VZ) are among telecommunications stocks extending losses after news that SpaceX and Charter Communications held executive-level talks about partnering on a consumer mobile phone offering that could directly challenge wireless providers, according to people familiar with the matter.
- Vita Coco (COCO) fell for the fourth day in a row for its worst decline in that span of times since March 2022.
See omnystudio.com/listener for privacy information.

On this episode of Stock Movers, we look at some of the week's biggest gainers and decliners:
- Shares of companies that supply semiconductor equipment are soaring this week as increased investments from leading chipmakers in South Korea bolster investors’ optimism. US-based companies like Applied Materials (AMAT) and KLA Corp (KLA) rallied along with their peers overseas. More broadly, the US chip benchmark is up 100% in the first half as it heads for the best quarter on record.
- Zimmer Biomet (ZBH) fell sharply after Cleveland Research published a report that cited disappointing orthopedic market trends.
- AeroVironment (AVAV) shares rallied after the defense company reported fourth-quarter results that topped expectations and forecast 2027 revenue that at the midpoint exceeds estimates. Analysts note strength in its drones business.
See omnystudio.com/listener for privacy information.