Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Intel (INTC) is the most actively traded stock in the premarket after Reuters reported that SK Hynix is in talks with the chipmaker about a deal that ​would see it manufacture memory chips in the US for the first time. SK Hynix says it’s made no decisions in response to a Reuters report that it’s in talks with Intel about a deal to make semiconductors in the US.
- JB Hunt (JBHT) shares are lower this morning after the trucking company flagged rising costs and issued a rare earnings warning at a Morgan Stanley conference.
- Coinbase (COIN) along with Bitcoin and other crypto-related stocks are on the downswing this morning after a crypto regulatory bill failed to pass the US Senate.Eric Mollo
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Soitec gains as much as 11% as JPMorgan upgrades to overweight and more than doubles its price target, saying raised expectations for the company’s photonics business more than compensate for concerns in mobile.
- Barratt Redrow cut its guidance for home sales as Britain’s biggest housebuilder urged the government to help stimulate demand dented by the conflict in the Middle East.
- WH Smith expects profit to be at the bottom of its guidance range as inflation and an increase in promotions weigh on the British travel retailer’s performance.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Japanese refiners have stepped up purchases of Middle Eastern oil after the shutdown of a key Saudi Arabian pipeline heightened concerns over prompt supplies. Eneos recently bought Oman crude for loading as early as October, according to traders familiar with the matter.
- SK Hynix is in talks with Intel about a deal that ​would see it manufacture memory chips in the US for the first time, Reuters reports, citing three unnamed people familiar with the discussions.
- Chinese hardware tech stocks ,including Zhongji Innolight, rally on expectations that Beijing will remain supportive of AI development, and that an interest-rate hike by the Federal Reserve has been largely priced in.
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Today's biggest winners and losers in the stock market:
On this episode of Stock Movers:
General Motors (GM) announced Tuesday it is integrating Apple Inc.’s CarPlay in its latest infotainment system, three years after eliminating the popular interface from its electric vehicles. The new system will allow drivers to use CarPlay or Google’s Android Auto on a split screen that also shows key vehicle gauges such as fuel, tire pressure, Super Cruise hands-free driving and towing information. The user interface will debut late this year in the 2027 Chevrolet Silverado and GMC Sierra trucks. GM shares fell in New York trading on Tuesday.
Waystar (WAY) saw shares jump as much as 9.6% to the highest intraday since March 5, after Reuters reported that the firm is exploring options, including a sale, two years after a public listing in New York.
Wells Fargo (WFC) CFO Michael Santomassimo said that the lender’s net interest margin is expected to be better than initially expected. The bank has been able to pick up more yield as it reinvest its securities portfolio and has also seen higher yields from its lending portfolios, he said. Wells Fargo shares were higher in trading today.
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On this episode of Stock Movers:
- Forgent (FPS) shares jump. The power equipment company reported fourth-quarter revenue and adjusted Ebitda above a guidance range given in May. The company’s backlog grew 256% year-over-year.
- Waystar (WAY) shares rise. Reuters reported that the firm is exploring options, including a sale, two years after a public listing in New York. The company hired Evercore to advise on the process, which is ⁠currently at an early stage, Reuters reported citing people familiar with the matter.
- Coinbase (COIN) shares drop. Hopes of the Clarity Act passing this year faded. The Senate is set to vote on the crypto regulation bill on Tuesday afternoon.
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