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- Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
-Nike (NKE) shares continue their slide as it is cutting jobs and overhauling its business as results deteriorate, with a restructuring plan to save $2.5 billion over the next five years. The company expects a high-single-digit revenue decline this year, which is worse than the 2.4% drop projected by analysts, and shares of Nike fell as much as 9.7% in New York on Friday.
- Onsemi (ON) shares are rising after the chipmaker said it will buy Synaptics for $123 per share, revising their earlier all-stock deal to an all-cash transaction. Synaptics shares are up 13%.
-Broadcom (AVGO) shares are moving on news the company's Wall Street syndicate are starting to gather $60 billion of fresh AI chip financing to benefit Anthropic and other companies.
- Twilio (TWLO) shares are gaining in the premarket after S&P Dow Jones Indices noted that the stock will replace Warner Bros Discovery in the S&P 500 effective Oct. 6.
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Volvo Car says that an increasingly challenging market situation and deteriorating near term market outlook has resulted in lower-than-expected sales and a weaker full year outlook.
- IG Group falls as much as 27%, the most since 2016, after an unscheduled third-quarter update in which it cut its 2026 revenue growth outlook to the mid-single digits from 10%-15%.
- J D Wetherspoon shares rise as much as 8.9%, to the highest level since March 2022, as analysts are encouraged by robust current trading, boosted by favorable weather.
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
European sportswear stocks including Adidas, Puma, and JD Sports are sliding this morning after US firm Nike fell in extended trading on Thursday, following weaker-than-expected quarterly sales and a disappointing outlook for full year revenue. Analysts at Vital Knowledge described the sales guidance as “pretty ugly.”
IG Group falls as much as 27%, the most since 2016, after an unscheduled third-quarter update in which it cut its 2026 revenue growth outlook to the mid-single digits from 10%-15%. The selloff drove the shares decisively below the floor of a two-month trading range on heavy volume.
J D Wetherspoon Plc got a boost from hot weather, with expanded beer gardens helping the pub chain accelerate sales growth at the start of its new financial year.
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Advantest shares rose for a fourth consecutive day and reached a record high on Friday on expectations for strong AI chip-related demand while favorable technical position as selling abated following a change in its index weighting, also provided a tailwind
- Global financial stocks have come under pressure as a relentless surge in benchmark Treasury yields — the US 10-year yield touched the highest level since 2002 on Thursday — forces investors to assess the impact of higher borrowing costs on banks’ businesses. HSBC dropped as much as 5.7% in Hong Kong trading.
- Korean oil refiners and those in Japan advance after Chinese exporters cancelled some oil-product cargoes. In South Korea, S-Oil jumps as much as 8.9%, the most since Sept. 4; the stock is among the top gainers in the MSCI Asia Pacific Index, which is down as much as 1%
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:
- Nike (NKE) drops after a pessimistic sales outlook after reporting worse-than expected results due to weakness in China, sportswear and at the Jordan brand. The company now sees revenue declining in the high-single digits in the current fiscal year.
- Walt Disney (DIS) shares fell plans to cut hundreds of jobs as part of a restructuring of its television operations, extending a wave of job cuts, the Wall Street Journal reported. The overhaul will consolidate divisions at the company, according to the Journal.
-Paramount Skydance (PSKY) shares ended the day lower as the entertainment company issued $52 billion of debt to fund the biggest Hollywood buyout ever, investors were nursing more than $100 million of losses, triggering a flurry of angry calls from money managers to Wall Street banks that underwrote the debt.
- Netflix (NFLX) shares fell after co-CEO Ted Sarandos reported that the company is facing slower growth as expected and is working on making that move faster which includes expanding live programming on the platform.
See omnystudio.com/listener for privacy information.
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