Stock Movers

On this episode of Stock Movers: - US shares of Spotify Technology (SPOT) are down. This comes as they report first-quarter results tomorrow before the market opens in New York. Investors will be looking for more details about when and how the company will raise prices. It is reportedly planning an increase in Europe as soon as June. The Swedish streaming platform is looking for ways to fuel earnings growth, particularly in video. On Monday, the company said it paid $100 million to podcast publishers and creators in the first quarter. The company will also share an update on the video creator program that launched in January.- Boeing (BA) are up after Bernstein upgrades to outperform from market perform noting that the aircraft maker is now “making the progress it needed for the growth trajectory.” Analysts did note that while they can't assume all the risks are gone, after high FAA scrutiny, BCA (Boeing Commercial Airplanes) should be on a much firmer path than in 2023”. - Plug Power (PLUG) shares jumped the most in nearly a year after the hydrogen company announced a $525 million secured debt facility, said it doesn’t plan to raise more equity in 2025 and reported preliminary first-quarter results in line with analysts’ estimates. Plug expects to report revenue of $130 million to $134 million when it releases its full first-quarter results in early May, versus a consensus estimate of $131.6 million. The company also reported completing construction of a hydrogen production plant in Louisiana that will serve customers including Amazon.com Inc. and Walmart Inc.See omnystudio.com/listener for privacy information.

Boeing's stock is gaining momentum after an upgrade from Bernstein, signaling positive growth potential. Meanwhile, Eli Lilly faces a setback with a double downgrade by HSBC, raising concerns about its risk-reward balance. In contrast, Peloton's shares are on the rise after Truist Securities upgraded their outlook, hinting at a promising recovery driven by improving fundamentals. Tune in for a lively discussion on these market movers!

On this episode of Stock Movers:- Domino's Pizza (DPZ) shares fall after the company reported revenue for the first quarter that missed the average analyst estimate. Revenue $1.11 billion, +2.5% y/y, estimate $1.12 billion. The company didn't provide an outlook for 2025. - Merck (MRK) shares rise after the company agreed to buy SpringWorks Therapeutics Inc. for $47 per share in cash, representing an equity value of about $3.9 billion and a 26% premium for SpringWorks. The acquisition is expected to boost Merck's health-care division.- Airbus (AIR FP) shares rise after the company agreed to take over some assets and sites from Spirit AeroSystems Holdings Inc., clearing the way for Spirit to be acquired by Boeing Co. The deal includes Airbus taking over facilities in Kinston, North Carolina; France; Belfast, Ireland; and Prestwick, Scotland, with Airbus receiving a $439 million payment from Spirit and providing $200 million in credit lines.See omnystudio.com/listener for privacy information.

Nvidia is facing a potential challenge from Huawei, which is developing its own AI processor to compete against it. Tesla, despite recent earnings setbacks, is seeing rising stock prices as Elon Musk shifts focus back to the company. Meanwhile, Deliveroo's shares surged after DoorDash made a cash offer for acquisition, valued at about $3.6 billion. The podcast delves into these market dynamics, revealing the fierce competition and strategic maneuvers among tech and delivery giants.

Nvidia faces stiff competition as Huawei gears up to release a rival AI processor, creating ripples in the semiconductor market. Meanwhile, Tesla shines with a significant stock uptick despite a rocky earnings report, thanks to Elon Musk's renewed focus on the company. In the restaurant sector, Domino's struggles with mixed sales results, while Boeing enjoys a boost after an upgrade from Bernstein, hinting at a promising future amid past challenges. A dynamic market brings both risks and opportunities for these key players.

Mediobanca is shaking up the Italian banking scene with a surprise €6.3 billion bid for Assicurazioni Generali's wealth management arm. Meanwhile, DoorDash eyes expansion with a $3.6 billion offer for Deliveroo, showing its ambitions in the competitive food delivery market. In the UK, Banijay Group is rumored to be planning a takeover of ITV, sparking intrigue in the entertainment industry. The world of mergers and acquisitions is buzzing with significant moves and strategies!

On this episode of Stock Movers: - Intel (INTC) Chief Executive Officer Lip-Bu Tan gave investors a stark diagnosis of the chipmaker’s problems on Thursday, along with the sense that it will take a while to fix them. Tan, delivering his first earnings report as CEO, said Intel’s bureaucratic corporate culture needs a shake-up, so he’s going to cut jobs, remove layers of management and force everyone back to the office. His prescriptions for other areas of malaise — such as Intel’s struggling foundry business, which makes chips for outside customers — were more vague.- Alaska Air (ALK) shares tumbled as much as 14% on Thursday, the most intraday since December 2023, after the carrier’s second-quarter forecast for adjusted earnings per share trailed the average analyst estimate. The company also said it would not update its full-year 2025 guidance and will provide an update later in the year.- Hasbro (HAS) shares rose as much as 15%, the most intraday since April 2023, after the toy company’s adjusted EPS and net revenue easily topped Street expectations, driven by meaningfully better-than-expected revenue from its Wizards/Gaming unit. In addition, Hasbro is accelerating elements of its cost-savings program, and now targets $175 million to $225 million in gross savings this year as it searches for additional profit offsets, it said on the conference call.See omnystudio.com/listener for privacy information.

Shares of AppFolio stumbled after disappointing first-quarter results. Carter's faced a drop of 10% as it suspended financial guidance amid CEO changes and tariff uncertainties, despite better-than-expected sales. Saia experienced a staggering 30% decline following missed revenue targets and flat shipment growth in a challenging macroeconomic landscape. The podcast dives into these intriguing stock fluctuations and the factors influencing the application software, apparel, and trucking sectors.

Alphabet's shares soar after strong revenue and profits from search advertising, with Google Cloud beating expectations. In contrast, T-Mobile's stock drops due to disappointing subscriber growth, despite raising profit forecasts. Intel faces a steep decline as its CEO warns of significant challenges ahead, projecting revenues well below analyst predictions. The contrasting fortunes of these tech giants provide a gripping snapshot of the current market dynamics.

On this episode of Stock Movers:- Alphabet (GOOGL) shares rise after the company reported first-quarter revenue and profit that exceeded analysts' expectations, driven by strength in its search advertising business. Google Cloud brought in operating profit of $2.18 billion, beating analysts’ estimates for $1.94 billion despite slightly missing expectations on sales. The results indicate that Google may be eking out more profits from Cloud even as sales slow. - Apple (APPL) shares edged lower despite news it is seeking to import most of the iPhones it sells in the US from India by the end of next year, accelerating a shift beyond China to mitigate risks related to tariffs and geopolitical tensions.- Skechers (SKX) shares drop after the footwear company said it’s not providing financial guidance and withdrawing its previous annual outlook due to macroeconomic uncertainty stemming from global trade policies. The company also reported first-quarter sales that trailed Wall Street’s expectations.See omnystudio.com/listener for privacy information.