On this episode of Stock Movers:
- Crypto-Linked stocks including Robinhood (HOOD) and Terawulf (WULF) ended the day higher as bitcoin miners outperform the digital currency as they expand beyond the cryptocurrency and into AI datacenters.
- Getty (GETY) and Shutterstock (SSTK) tumbled after the UK’s Competition and Markets Authority said the pair’s merger may be expected to result in a substantial lessening of competition.
- Apple (AAPL) ended the day on 2025's first record amid signs of stronger-than-expected demand for its latest iPhone lineup, adding to hopes that a long-awaited upgrade cycle could be underway. Over the weekend, an analysis from Counterpoint Research showed the iPhone 17 series outsold the iPhone 16 by 14% over their respective first 10 days on sale in the US and China.
- Zions Bancorp (ZION) led an aftermarket rally in some regional bank stocks including Western Alliance (WAL) after it delivered earnings that saw its profits top analyst estimates despite a $50 million loss from an alleged fraud tied to a commercial real estate investor group in Southern California. The bank reported $222 million of net income on Monday, just beating forecasts. It also charged off $56 million of bad loans in the third quarter, reflecting losses caused by the alleged fraud.
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