Stock Movers

Novo Nordisk's stock plummets as a rival's pill competes effectively in weight loss and blood sugar control. Orsted faces a significant setback with halted offshore wind projects, casting doubt on its future in renewable energy. Meanwhile, Amazon's cautious approach to data center expansions sends ripples through European electrification stocks, affecting companies like Schneider Electric. The podcast dives into these competitive pressures and sector challenges shaping the market landscape.

On this episode of Stock Movers: - Netflix (NFLX) found itself one of the top performers in the S&P 500 during an otherwise down day on Wall Street. Investors have come to see Netflix as a safe bet during a time of great economic uncertainty and challenges for conventional movie and TV businesses. With a global audience of more than 700 million viewers, the company said it has seen no impact on its business from President Donald Trump’s tariffs or the market volatility that has followed. Last week, Netflix reported record profit to start the year. - Uber (UBER) shares slid after the company was sued by the US Federal Trade Commission, which claims the rideshare and delivery company hurt consumers through “deceptive billing and cancellation practices” as part of its flagship subscription service. In a complaint filed Monday, the FTC alleges the company charged consumers for its Uber One product without their consent, misled users about the program’s savings and made it “unreasonably” burdensome to cancel the service. The agency found users can be required to navigate as many as 23 screens and take up to 32 actions to cancel, according to an FTC statement. - Tesla (TSLA) shares fell on renewed questions over Elon Musk’s role with the federal government and uncertainty over the company’s plans to introduce a lower-cost electric vehicle. Wedbush Securities analyst Dan Ives said Tesla’s chief executive officer should step back from his controversial work at the Department of Government Efficiency and re-focus his attention on the carmaker. Tesla is facing a “code red” moment as it prepares to report first-quarter earnings Tuesday, the analyst said.“Musk needs to leave the government, take a major step back on DOGE, and get back to being CEO of Tesla full-time,” Ives wrote in a report to clients Sunday. “Tesla is Musk and Musk is Tesla... and anyone that thinks the brand damage Musk has inflicted is not a real thing, spend some time speaking to car buyers in the US, Europe, and Asia. You will think differently after those discussions.”See omnystudio.com/listener for privacy information.

Sweetgreen's stock is under pressure as its COO departs and Bank of America lowers its price target. Amazon faces a downgrade due to soaring costs and tariffs, marking a 30% drop since February. Meanwhile, Capital One's green light for acquiring Discover Financial brings a surge in their stocks, despite ongoing market volatility. The podcast dives deep into how these dynamics are shaping the financial landscape and impacting investor sentiment.

On this episode of Stock Movers:- Tesla (TSLA) shares drop after Wedbush Securities analyst and a Tesla bull Dan Ives warns of a “code red” moment ahead of first-quarter earnings. Ives said Elon Musk should step back from his work at the DOGE and focus on Tesla as he believes Musk’s involvement with the government has led to brand damage.- Netflix (NFLX) shares rose after the streaming giant forecasted revenue for the second quarter that beat the average analyst estimate when it reported Thursday after markets closed. Analysts see the company’s business as resilient amid a tougher macro environment.- Nvidia (NVDA) shares fall due to a growing list of perils, including a US ban on selling the H20 chip line in China. The news added to concerns that spending on AI could be poised to slow, especially as the escalating trade war further clouds overall prospects for economic growth.See omnystudio.com/listener for privacy information.

TSMC faces hurdles with a 2.1% share drop after posting a significant loss in its Arizona branch. In contrast, Netflix shines as its forecast beats analyst estimates, showcasing resilience in a tough market. Meanwhile, MicroStrategy's bold investment in Bitcoin sees its shares rise after acquiring over 6,500 Bitcoin for a whopping $555.8 million. The contrasting fortunes of these companies highlight the dynamic nature of today's stock market.

On this episode of Stock Movers:- Tesla (TSLA) shares are lower this morning after Wedbush Securities analyst and a Tesla bull Dan Ives warns of a “code red” moment ahead of first-quarter earnings. Ives said Elon Musk should step back from his work at the DOGE and focus on Tesla as he believes Musk’s involvement with the government has led to brand damage.- Capital One (COF) shares are after receiving approval from US regulators to buy Discover Financial Services, creating the nation's biggest credit-card issuer by loan volume. The deal, valued at $35 billion, is expected to close on May 18 and will increase competition in payment networks, offer more products to customers, and deliver community benefits. Discover also was trading higher in premarket.- Netflix (NFLX) shares have continued their climb higher after Thursday's earnings report that showed record profit to start the year, with first-quarter earnings rising 25% to $6.61 a share, beating analysts' estimates. Netflix projected strong results in the current quarter, forecasting sales will grow 15% to $11 billion and a 44% jump in earnings to $7.03 a share, both above Wall Street projections.- Hertz (HTZ) shares are lower this morning after it jumped significantly this week following Bill Ackman's major investment in the company.See omnystudio.com/listener for privacy information.

Tesla's stock is facing troubles as analysts raise concerns about brand damage linked to Elon Musk's distractions. Meanwhile, the cryptocurrency market is experiencing a surge, with Coinbase and others benefitting from plans to pursue bank charters. In a major shake-up, Capital One is set to acquire Discover Financial Services, making it the largest credit card issuer in the U.S. Netflix continues to soar after reporting record profits, with optimistic forecasts for the upcoming quarter.

UnitedHealth Group faced a staggering 24% drop, revealing worry over rising medical costs and its first earnings miss in over a decade. Meanwhile, Eli Lilly's stock soared by 15% thanks to a breakthrough drug that aids weight loss and blood sugar control, posing a challenge to established contenders like Ozempic. On a brighter note, Netflix reported a profit surge, boosted by a successful price hike and popular global content, setting ambitious targets for subscriber growth and operating income by 2030.

UnitedHealth Group faced its biggest share drop in 26 years due to rising medical costs and an earnings miss, rattling the insurance sector. In contrast, Eli Lilly's stock surged after its new weight-loss pill matched the effectiveness of Ozempic, igniting competition in a booming market. The podcast also covers a significant $24 billion acquisition where FIS's shares rose, while Global Payments' shares dipped, highlighting contrasting fortunes amidst ongoing changes in the payments industry.

On this episode of Stock Movers:- Charles Schwab’s (SCHW) shares rise after it said daily average trades exceeded expectations as retail investors rushed to respond to market volatility in the first three months of the year, with company executives saying drivers of future earnings are in flux.- D.R. Horton (DHI) shares falls 1.5% after the homebuilder lowered guidance for full-year revenue; the guidance missed the average analyst estimate. Spring sales started slower than expected, cites “continued affordability constraints and declining consumer confidence”- Google (GOOGL) shares drop after a federal judge found Google guilty of illegally monopolizing online advertising technology markets for advertising exchanges and ad servers.See omnystudio.com/listener for privacy information.