Stock Movers

Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:

- Nvidia (NVDA) infringes five patents that cover data-center networking products and related technology, a licensing company alleged. PulseLink Systems LLC said Nvidia knew about its asserted patents since at least May, when the patent licensing company sent formal notice letters to Nvidia executives. PulseLink seeks actual, compensatory, exemplary, supplementary, and enhanced damages for alleged willful infringement, as well as costs, expenses, and other fees. Meanwhile, Nvidia is launching the biggest share buyback in US corporate history as the Silicon Valley chipmaker continues to reap huge profits from its perch at the top of the AI supply chain.

- Paramount Skydance (PSKY) has attracted demand more than three times the expected size of its blue-chip bond offering to help fund its acquisition of Warner Bros. Discovery. Investors had placed more than $109 billion of orders for the deal when the books closed Tuesday afternoon, or 3.4 times the amount anticipated to be sold. The US media giant is seeking to raise about $32 billion from the sale, which would be the fifth-largest US high-grade sale on record

- Fair Isaac (FICO) the credit score company known as FICO, fell as much as 29%, the most intraday ever in data back to 1988, after Federal Housing Finance Agency Director Bill Pulte announced a move that makes it easier for lenders to adopt VantageScore. According to analysts, this will increase competition while pressuring FICO’s market share and pricing power.
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:

- Carnival (CCL) shares jump as much as 14% on Tuesday, the most intraday since April 8, after the cruise line operator boosted its adjusted earnings per share forecast for the full year. The company said both booked occupancy and pricing are at record levels for 2027, while 2028 is “off to an excellent start at higher occupancy and prices than last year.”

- CarMax (KMX) shares rose after the company reported comparable used-vehicle sales that expanded more than expected, showing its revival efforts are taking hold. Gross profit generated from used vehicle sales grew for the first time in five quarters, while the company sold more used vehicles in the quarter than analysts projected. CarMax plans to resume share buybacks in the third quarter of the year and will host a strategic update in November to talk about its new business strategies.

- Fair Isaac (FICO) the credit score company known as FICO, fell as much as 29%, the most intraday ever in data back to 1988, after Federal Housing Finance Agency Director Bill Pulte announced a move that makes it easier for lenders to adopt VantageScore. According to analysts, this will increase competition while pressuring FICO’s market share and pricing power.
See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
-Piper Sandler (PIPR) shares drop after a report that the firm is in talks for a deal with Piper Sandler Cos., a transaction that would forge together two investment banks. While nothing is finalized, the banks could reach a deal soon, according to the Wall Street Journal, which cited people familiar with the matter that it didn’t identify.
-Summit Therapeutics (SMMT) shares climb. AstraZeneca agreed to invest $2 billion in the oncology drug developer to collaborate on its experimental treatment, ivonescimab. Analysts note the deal provides cash runway and strategic interest for Summit without giving up royalties.
-Fair Isaac (FICO) shares drop after Federal Housing Finance Agency Director Bill Pulte announced a move that makes it easier for lenders to adopt VantageScore. According to analysts, this will increase competition while pressuring FICO’s market share and pricing power.
See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Carnival (CCL) shares rise. Carnival shares jump as much as 14% on Tuesday, the most intraday since April 8, after the cruise line operator boosted its adjusted earnings per share forecast for the full year. The company said both booked occupancy and pricing are at record levels for 2027, while 2028 is “off to an excellent start at higher occupancy and prices than last year.”
- Carmax (KMX) shares rose after the company reported comparable used-vehicle sales that expanded more than expected. The used-car retailer's second-quarter sales from locations in operation for at least a year were up 13%, surpassing the 5.6% growth analysts had expected.
- Jefferies (JEF) shares gain. The firm's investment bank and equity-trading desks pulled off record quarters, with revenue at the investment-banking business rising 17% to $1.3 billion and equity-trading revenue increasing 29% to $626 million. Jefferies' CEO and President said they remain confident in the long-term outlook for the business as they continue to reposition the platform by reducing capital allocated to certain existing funds.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Lindt (LISN SW) plans to lower prices for its chocolate products after it pared back its sales-growth guidance for a second time this year citing subdued consumer sentiment.
- Fair Isaac (FICO,) the credit score company known as FICO, slumps 19% in premarket trading after Federal Housing Finance Agency Director Bill Pulte announced a move that makes it easier for lenders to adopt VantageScore. According to analysts, this will increase competition while pressuring FICO’s market share and pricing power.
- Netflix (NFLX) shares are up after Deutsche Bank upgraded the streaming-video company to buy from hold, saying that concerns about engagement were overblown.
See omnystudio.com/listener for privacy information.