Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- SoftBank reported its first net loss in almost two years after swallowing a $3.7 billion writedown over a US data-center project amid rising fears around the sustainability of AI growth.
- Domestic plays disappoint in Japan, with Japan Tobacco hit harder than most after the company's assets were seized in Russia.
- Minimax is among the other firms up as mainland Chinese investors rotate from AI hardware toward Hong Kong internet shares after the latest turmoil around Nvidia and its investigation into Chief Executive Officer Jensen Huang’s affair.
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Today's biggest gainers and decliners in the stock market.
On this episode of Stock Movers:
Nvidia (NVDA)'s Chief Executive Officer Jensen Huang’s affair with an alleged Chinese spy has sent the company’s stock plunging, become a focus of internal and government investigations, and is now threatening to reverberate across the AI industry. Nvidia shares slid 4.3% on Monday, erasing nearly $200 billion in market valuation, after Huang disclosed the romantic relationship Sunday in a memo to employees. The company’s board is assembling a committee of independent directors who will work with outside counsel to investigate reports of Huang being targeted for foreign intelligence.
Groupon (GRPN) slumped in afterhours trading after it slashed its revenue forecast for the year and missed estimates for third quarter revenue.
Trade Desk (TTD) shares jump 23% in extended trading after the advertising technology company’s fourth-quarter revenue forecast exceeded the consensus estimate.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Scarlet Fu, Vonnie Quinn, Carol Massar and Tim Stenovec.
A renewed wave of dip buying lifted stocks in the wake of a technology selloff that had recently roiled Wall Street. Shares of tech giants like Apple (AAPL), Amazon (AMZN), Google parent Alphabet (GOOG), and Meta (META) all saw shares trade higher. Shares of chipmaker AMD (AMD) also rallied after an upgrade from Oppenheimer.
Skydance (SKYD) reported its first quarterly earnings since its major merger of Paramount and Warner Bros. Discovery. One headline that drew attention from investors and fans of streaming services alike was that the company announced it would release a streaming bundle that includes both the Paramount+ and HBO Max services early next year, in one of the first signs of potential business opportunities coming from its big merger with Warner Bros. Discovery Inc. Shares of Skydance fell in extended trading in New York.
Nvidia (NVDA), the world’s second-most valuable company and the US chipmaker at the heart of the global AI industry, is facing a crisis like none other in its three-decade history. On Nov. 8, Chief Executive Officer Jensen Huang admitted he had been unfaithful in his marriage, effectively confirming a series of reports linking him romantically with a woman who has been identified as a suspected Chinese spy and whose company bought chips from Nvidia. Nvidia shares slid as much as 8.8% on Monday, at one point erasing nearly $400 billion in market valuation, after Huang disclosed the romantic relationship Sunday in a memo to employees.
See omnystudio.com/listener for privacy information.

Today's biggest gainers and decliners in the stock market.
On this episode:
Nvidia (NVDA) Chief Executive Officer Jensen Huang’s affair with an alleged Chinese spy has sent the company’s stock plunging, become a focus of internal and government investigations and is now threatening to reverberate across the AI industry. The incident threatens to further roil an AI market shaken by concerns about a slowdown in data center spending.
AMD (AMD) are gaining the most since July after Oppenheimer upgraded shares to Outperform, citing a tailwind from agentic AI. AMD was up 13.4% at $509.19 at just about 3pm New York time.
Sable Offshore (SOC)’s shares slumped more than 70% to an all-time low after the California oil producer said it will struggle to repay near-term debt because its only customer halted purchases.
See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:

- Nvidia (NVDA) shares fall. Nvidia Corp.'s investigation into Chief Executive Officer Jensen Huang's affair with an alleged Chinese spy raises questions about his job and the company's future. The company's board is assembling a committee of independent directors to investigate the matter, with outside counsel, after Huang disclosed the romantic relationship in a memo to employees. The incident threatens to further roil the AI market and has led to a loss in Nvidia's market valuation, with the company's shares sliding as much as 8.8% on Monday.

- DraftKings (DKNG) shares drop. DraftKings shares are down after the sports betting company received downgrades from JPMorgan and Stifel. This comes in the wake of the company’s earnings report, where it gave a disappointing full-year profit outlook as it invests heavily in its prediction-market (PM) product.

- Ionis Pharmaceuticals (IONS) shares fall. The drug developer slashed its full-year sales guidance for Tryngolza to reflect a “more gradual-than-anticipated” near-term launch ramp. Separately, Ionis’ collaboration partner Novartis said it is largely abandoning development of pelacarsen, an experimental drug to treat patients with elevated Lp(a) and established cardiovascular disease.
See omnystudio.com/listener for privacy information.