Stock Movers

Chloe Millais, a Bloomberg reporter known for her insightful market analysis, joins the discussion on recent stock movements. She reveals how Ocado's stock plummeted after Kroger announced the closure of three automated facilities, raising doubts about its tech strategy. The analysis of WH Smith highlights a turbulent leadership change following an accounting review by Deloitte, which found profit overstatements. On a bright note, Jet2's shares surged after announcing a strong earnings report and a reassuring buyback, promising stability to its investors.

Danica Sikova, a cross-asset reporter at Bloomberg News, dives into the recent downgrades of tech giants Microsoft and Amazon due to skepticism over the generative-AI hype. She shares insights on Home Depot's earnings miss, highlighting how consumer hesitation is impacting big-ticket purchases. The discussion also covers BofA's downgrade of Honeywell, focusing on concerns regarding its spinoff strategy and disappointing earnings growth. Tune in for an engaging analysis of market movements in tech and industrial sectors!

Medtronic's stock surged 4.6% after a positive Q2 report and an improved profit forecast. Merck's shares jumped following a successful trial for a drug targeting high blood pressure, hinting at market expansion. Meanwhile, Nvidia faced a 2.8% decline amid ongoing tech weakness and is making headlines for a significant investment in Anthropic. Analysts expressed skepticism about the future of Gen AI economics, while Home Depot issued a cautious earnings warning amid changing consumer spending trends.

There's a buzz around the tech industry as Amazon and Microsoft face downgrades due to skepticism about their AI strategies. Meanwhile, Home Depot is feeling the pinch, cutting its earnings forecast as cautious consumers hold back on hefty purchases. On the tech front, a significant Cloudflare outage created ripples, disrupting major sites like ChatGPT and X, leading to a slump in their shares. The market reacts, keeping everyone on their toes.

Denitza Sokova, a Bloomberg reporter and market analyst, dives into the recent turbulence in the stock market. She discusses the surprising downgrades of Microsoft and Amazon by Rothschild & Co, criticizing the overhyped generative-AI narrative. Home Depot is also in the spotlight as it cuts its earnings forecast, impacted by cautious consumer spending. Lastly, a downgrade for Honeywell highlights concerns over its spinoff strategy and disappointing growth prospects, signaling potential challenges ahead.

Home Depot slashed its earnings guidance, citing weaker demand for big-ticket items amid a stagnant housing market. Meanwhile, Microsoft and Amazon faced downgrades as investors grew cautious about AI stock valuations. On a brighter note, Apple saw a surge in iPhone 17 sales, with a remarkable 37% increase in China, marking a significant comeback for the brand in a crucial market. Additionally, the hosts briefly discussed other smaller stock movements, highlighting consumer brands in the sporting goods sector.

Chloe Mellie, a Bloomberg reporter known for her sharp market insights, discusses the significant acquisition of Axalta by Akzo Nobel valued at €7.9 billion, highlighting market reactions and shareholder concerns. She dives into Rheinmetall's ambitious goal of €50 billion in sales by 2030, fueled by increasing defense budgets. Chloe also covers Amundi's acquisition of a stake in ICG, which promises to expand access to unlisted assets, reflecting the growing demand in alternative investments.

Bailey Lipschultz, a Bloomberg News equities reporter, discusses significant market shifts. He explains a Morgan Stanley downgrade on Dell due to concerns about a memory supercycle impacting earnings. Lipschultz also highlights how Google's new AI booking feature pressured stocks like Expedia, which dropped significantly. Meanwhile, he notes that Alphabet's shares rallied after Warren Buffett's Berkshire Hathaway acquired a substantial stake, showcasing the dynamic interplay of tech and travel sectors.

Vita Coco's shares jumped after a tariff relief order and a favorable analyst upgrade. Meanwhile, Dell's stock plummeted nearly 10% following a downgrade due to weak demand. Nvidia faced significant sell-offs by major investors, including Peter Thiel’s hedge fund, just before its earnings report. The discussion also touched on lithium producers gaining from positive supply forecasts. Insightful banter about coconut water preferences lightened the analysis, making for an engaging overview of the market's movers and shakers.

Emily Grafeo, a Bloomberg News Cross-Asset Reporter, dives into the market's latest movers. She highlights Alphabet's surge following Warren Buffett's hefty purchase of shares, indicating a shift towards tech by Berkshire. Dell is on the decline after a serious downgrade from Morgan Stanley, revealing challenges in the hardware sector. Meanwhile, StubHub faces a significant drop in its stock price due to potential legislative changes regarding ticket resale, raising questions about its future in North America.