On this episode of Stock Movers:- Shares in UBS soared to the highest intraday level since early 2008 as a group of influential lawmakers proposed watering down the capital demands that Switzerland wants to impose on the bank. - Lufthansa shares rise as much as 6.9%, hitting the highest intraday level since August 2023. Kepler Cheuvreux upgrades the German flag carrier airline to buy from hold, citing an increasingly attractive risk/reward profile and tailwinds heading into next year.- Card Factory shares fall as much as 27%, the most since 2020, after the firm cut its guidance in what Panmure Liberum called a “shock warning that surprises in scale.”See omnystudio.com/listener for privacy information.
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4:49
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4:49
UBS Jumps, Standard Chartered Rises, Adidas Up
On this episode of Stock Movers:- Shares in UBS soared to the highest intraday level since early 2008 as a group of influential lawmakers proposed watering down the capital demands that Switzerland wants to impose on the bank. - Standard Chartered shares climb as much as 2.6% in Hong Kong after Goldman Sachs upgraded the stock to a “buy,” citing improving profitability and the chance it will raise its return guidance.- European sportswear stocks could be active after Lululemon Athletica shares jumped in post-market trading in New York as the yoga-wear maker boosted its full-year outlook. Adidas gained 1% in premarket trading among the biggest movers in the DAX.See omnystudio.com/listener for privacy information.
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4:11
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4:11
Broadcom Rises on Strong Forecast, Lululemon's CEO Steps Down, Oracle Sinks
On this episode of Stock Movers: - Broadcom (AVGO) is rising afterhours. The company gave a strong revenue forecast for the current quarter, signaling that demand for AI data center equipment is fueling growth. The company said sales will be about $19.1 billion in the fiscal first quarter, and Chief Executive Officer Hock Tan expects AI semiconductor revenue to double year-over-year to $8.2 billion. - Lululemon (LULU) shares jumped in postmarket trading. The company raised its full-year outlook, and said Chief Executive Officer Calvin McDonald is stepping down as the company looks to reignite growth amid pressure from competition. - Oracle (ORCL) sank 10% today. The company forecast 3Q cloud sales growth below analyst estimates, raising concerns that supply constraints are preventing the cloud infrastructure provider from converting its large backlog to actual revenues.See omnystudio.com/listener for privacy information.
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3:44
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3:44
Closing Bell: Fertilizer Stocks Jump, Eli Lilly Gains, Lululemon Earnings
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, Tim Stenovec and Carol Massar. On this episode of Stock Movers: - The Mosaic Company (MOS) is up by 6% at the close. Fertilizer stocks jumped after Ukraine said drones had hit two fertilizer plants in western Russia, on concerns that geopolitical tensions will affect supply chains for key crop nutrients. - Eli Lilly (LLY) finished 1.58% higher. A late-stage study showed that a next-generation obesity shot helped patients lose almost a quarter of their body weight, potentially making the experimental drug the most potent weight-loss medicine yet. - Lululemon (LULU) is spiked as much as 8% afterhours. The company released earnings and boosted its full year EPS guidance. They also announced that CEO Calvin McDonald will step down.See omnystudio.com/listener for privacy information.
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7:46
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7:46
Eli Lilly Gains on Experimental Shot, Gemini Space Station Rises, Oracle Sinks on 3Q Forecast
On this episode of Stock Movers: - Eli Lilly (LLY) gains 2.6% as a late-stage study showed that a next-generation obesity shot helped patients lose almost a quarter of their body weight, potentially making the experimental drug the most potent weight-loss medicine yet. - Gemini Space Station (GEMI) rose 20% after its application for a derivatives exchange was approved by the Commodity Futures Trading Commission in a move that will allow the company to join the fast-growing field of prediction markets. - Oracle (ORCL) sank 13% after the company forecast 3Q cloud sales growth below analyst estimates, raising concerns that supply constraints are preventing the cloud infrastructure provider from converting its large backlog to actual revenues.See omnystudio.com/listener for privacy information.
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