Stock Movers

On this episode of Stock Movers:
-Dick's Sporting Goods (DKS) shares plummet. Dick’s Sporting Goods Inc. sank after the Foot Locker chain it acquired last year continued to struggle, raising doubts about the broader sneaker market. The company now expects net sales to be in a range of $21.9 billion to $22.2 billion in the current fiscal year, down from its previous forecast.
-Uber (UBER) shares rise. Uber Technologies Inc. is rolling out a new safety feature that lets parents or guardians view a video livestream of their teenager’s ride. The feature uses the selfie camera on the driver’s phone and notifies an authorized guardian if a livestream is available for viewing within the Uber app.
-Target (TGT) shares fall. Target apologized on Monday and said it had pulled a Halloween costume from sale depicting a circus ​clown that critics said evoked Blackface and minstrel shows, Reuters reported. “As a company, we know we got this wrong, and we are deeply sorry,” Target said in a statement. “The costume is offensive and should never have ​been part of our assortment.
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On this episode of Stock Movers:
-Zoom (ZM) shares are mixed. Zoom Communications sales are expected to have risen 4.2%, with phone, customer experience and AI monetization augmenting the mature meetings core, Bloomberg Intelligence said. The company’s main growth engine, Enterprise, could gain 6% “fueled by larger, longer-term platform deals, midteens annual recurring revenue growth in Zoom Phone and up-market gains,” BI added.
-Dick's Sporting Goods (DKS) shares plummet. Dick’s Sporting Goods Inc. sank after the Foot Locker chain it acquired last year continued to struggle, raising doubts about the broader sneaker market. The company now expects net sales to be in a range of $21.9 billion to $22.2 billion in the current fiscal year, down from its previous forecast.
-Navitas (NVTS) shares rise after the company announced a definitive agreement to acquire Claros Inc. The transaction is valued at up to about $233 million, based on the per share closing price of Navitas’ stock on Aug. 21, according to a company statement. The deal is comprised of about $216 million to be paid at closing in a combination of cash and shares of the Company’s Class A common stock.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Dick's Sporting Goods (DKS) shares are plummeting as it lowered its full-year outlook amid weakness at its recently acquired Foot Locker unit.
- Apple (AAPL) shares are slightly lower as the tech giant is gearing up to launch a new version of its Mac mini desktop computer for the first time in almost two years, according to people familiar with the matter.
- SpaceX (SPCX) shares are higher in the premarket as Elon Musk says SpaceX's first AI satellites, powered by Nvidia chips, will initially launch in the fourth quarter of next year and hit "significant scale" in 2028.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Nvidia (NVDA) is climbing this morning ahead of earnings tomorrow as chip stocks rise on the morning. The software stocks are moving in the opposite direction as a part of the AI trade.
- SpaceX (SPCX) shares are higher in the premarket as Elon Musk says SpaceX's first AI satellites, powered by Nvidia chips, will initially launch in the fourth quarter of next year and hit "significant scale" in 2028.
- Apple (AAPL) shares are slightly lower as the tech giant is gearing up to launch a new version of its Mac mini desktop computer for the first time in almost two years, according to people familiar with the matter.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- CVC Capital Partners and EQT AB are among the large buyout firms considering potential bids for a majority stake in Siemens Energy steam turbines business, according to people familiar with the matter.
- Leonardo Maria Del Vecchio unexpectedly resigned from his roles at EssilorLuxottica, becoming the second heir of the eyewear maker’s founder, the late Leonardo Del Vecchio, to leave the company this year.
- Kitron shares advance as much as 9.6% after Pareto upgraded to buy, saying improved revenue guidance may imply limited changes to consensus but does reflect an easing of supply chain issues for the Norwegian electronics contract manufacturer.
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