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- Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- BofA (BAC) reported equities trading revenue excluding DVA for the second quarter that beat the average analyst estimate.
- JPMorgan (JPM) reported equities sales & trading revenue for the second quarter that beat the average analyst estimate.
- Wells Fargo (WFC) reported second-quarter earnings that beat Wall Street estimates on higher fees from wealth management and investment banking.
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Ericsson's shares fell as much as 10.3%, the most in about 18 months, after the Swedish company said margins for its main business will come under pressure this quarter.
- Watches of Switzerland’s annual revenue jumped by 13%, underpinned by strong US demand that the luxury watch retailer said is laying the foundation for long-term profit growth.
- BP shares gain as much as 3.3% to touch a one-month high as Jefferies noted that the oil major’s net debt estimates for the second quarter had undershot expectations.
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Ericsson's shares fell as much as 10.3%, the most in about 18 months, after the Swedish company said margins for its main business will come under pressure this quarter.
- DNB Bank missed estimates in the second quarter, falling to the lowest since early 2023, as profitable growth in deposits was offset by product-mix effects and competition.
- EssilorLuxottica has been downgraded to neutral from buy at Goldman Sachs, as the broker lowers growth estimates on tough comps and increased competition. Shares fell as much as 3.6%.
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- SK Hynix extended its brutal selloff in Seoul, taking its two-day slump to more than 20% as a rout in global AI hardware stocks fueled fresh concerns that this year’s blockbuster rally in chipmakers had run too far, too fast.
- MUFG’s stock market value shot up to the highest in Japan, marking the first time a bank reached the top position since the current so-called three megabank groups were established.
- Shares of Baidu drop in Hong Kong amid growing concerns over its earnings after hosting a preview with analysts on Monday.
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:
- An AI-fueled stock rout in South Korea spilled over into the US market Monday, as SK Hynix (SKHY) American depositary shares fell as much as 9.9%. The decline came after shares of SK Hynix plunged a record 15% in South Korea, sending the benchmark Kospi index down 9% and triggering a market-wide trading suspension.
- Braiin Limited shares are trading higher after the company announced the launch of ARIA, an AI-native workforce designed for the real estate sector. ARIA aims to enhance property management and customer engagement through intelligent automation, targeting the global real estate software market valued at approximately $32 billion.
- Oil prices jumped on Monday as President Donald Trump said the U.S. will reimpose a blockade on Iranian ports and provide other countries safe passage ----for a fee ---- through the Strait of Hormuz. Energy companies such as Valero Energy Corp., Phillips 66 and Marathon Petroleum Corp. were among 15 stocks in the S&P 500 that set a record high in today’s session.
See omnystudio.com/listener for privacy information.
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