Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Lululemon (LULU) shares are diving as its China business is showing signs of strain, with revenue in mainland China falling 2% in the second quarter after adjusting for currency fluctuations.
- Tesla (TSLA) shares are lower on news it formally rolled out the Cybercab for robotaxi service, a long-anticipated step in Elon Musk’s effort to push the company away from its roots as an auto manufacturer. The US National Highway Traffic Safety Administration opened a probe into the process and technical data on which Tesla relied when it self-certified the vehicles as compliant with federal safety standards.
- Robinhood (HOOD) is down as AMC Entertainment boss Adam Aron criticized Robinhood Markets Inc. after the platform launched a tokenized version of the theater chain’s shares.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Lululemon (LULU) shares are diving as its China business is showing signs of strain, with revenue in mainland China falling 2% in the second quarter after adjusting for currency fluctuations.
- Adobe (ADBE) is lower after it named Anil Chakravarthy as its next chief executive officer, with Chakravarthy moving into the post on Dec. 1. The selection of Chakravarthy comes as Adobe faces increasing questions about whether it will be toppled from its post in the age of AI, with generative AI making it easier to produce visual media without Adobe’s expensive products.
- Samsara (IOT) is climbing as it boosted its total revenue guidance for the full year; the guidance beat the average analyst estimate.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Volkswagen shares gain as much as 9.7%, the biggest intraday move since March 2023, after the carmaker’s supervisory board backed a sweeping restructuring that includes 50,000 additional job cuts. Analysts say the plan is necessary for the company to remain competitive, while cautioning that execution will be key.
- Vodafone gains as much as 2.3% after Goldman Sachs upgraded its view on the company to buy from sell in a wider review of the European digital infrastructure and telecoms sector. It also cuts Cellnex Telecom to sell from neutral, knocking the stock as much as 2.3% lower.
- UniCredit said Chief Executive Officer Andrea Orcel held talks about Commerzbank with a regional government leader in Germany, as the Italian lender moves closer to taking control of the rival. Shares fall as much as 2%.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Volkswagen shares gain as much as 9.7%, the biggest intraday move since March 2023, after the carmaker’s supervisory board backed a sweeping restructuring that includes 50,000 additional job cuts. Analysts say the plan is necessary for the company to remain competitive, while cautioning that execution will be key.
- Morgan Stanley analysts increase their price targets on truck stocks under their coverage amid continued strong global demand, but say the sector’s rally this year means the risk-reward is “considerably less attractive.” Daimler Truck is downgraded to equal-weight from overweight, removing their only buy-equivalent rating.
- Navitas Petroleum and Rockhopper Exploration are trading lower today as tensions around the Falklands Islands rise and Argentina targets their Sea Lion project. The South American country said it will speed up sanctions against companies working around the islands without its approval.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Softbank is celebrating OpenAI's new model, which is also boosting Kioxia and SK Hynix with it.
- China's good services PMI is lifting big e-commerce names such as Alibaba and Meituan.
- Sung Hung Kai and other Hong Kong property names are getting a lift from Fed Governor Christopher Waller's commentary on rates.
See omnystudio.com/listener for privacy information.