Stock Movers

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Shares of Nvidia (NVDA) rallied ahead of the US market open after CEO Jensen Huang announced the company's plan to enter the PC market with a new chip aimed at loosening the stranglehold of Intel's technology in that arena and modernizing the machines for the AI era. Starting this fall, Nvidia’s new RTX Spark Superchip will debut in laptop and desktop computers from leading PC brands including Dell Technologies Inc. and Lenovo Group Ltd.
- Berkshire Hathaway Inc. (BRK/A) says it will acquire Taylor Morrison Home Corp. (TMHC) in an all-cash deal worth about $6.8 billion. It marks the first major purchase under chief executive Greg Abel and a vote of confidence in the US housing market. The offer of $72.50 per common share represents a 24% premium to the home builder’s latest closing price on Friday. It’s the largest deal since Berkshire bought Occidental Petroleum Corp.’s petrochemical business in January.
- Shares of Hewlett Packard Enterprise (HPE) rallied in premarket trading ahead of second-quarter results due after the market close on Monday. Expectations could be elevated after a blowout report from peer Dell Technologies, which showed huge demand for AI servers. Shares jumped as much as 16.7% on Friday, following Dell’s report. The stock is up 83% this year. However, analysts caution that high prices for memory-related components could be a headwind.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- London-listed shares in Pan African Resources slid as much as 12% to their lowest intraday level since March after the precious metals miner projected full-year production to be at the lower range of guidance.
- Nokia shares climb as much as 5.6% as tech stocks rally amidst an AI spending boom.
- EasyJet Plc’s board called the overture by investment firm Castlelake LP “highly opportunistic” as the UK budget carrier grapples with a depressed stock price, cautioning that attempting a takeover would be fraught with risk.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- EasyJet Plc’s board called the overture by investment firm Castlelake LP “highly opportunistic” as the UK budget carrier grapples with a depressed stock price, cautioning that attempting a takeover would be fraught with risk.
- Schneider Electric is one of a number of data centre equipment companies boosted by traders' AI optimism and Softbank's plans to invest in French data centres.
- Universal Music rejected an unsolicited offer from Bill Ackman’s Pershing Square Capital Management, saying it’s not in the best interest of its shareholders or artists.
See omnystudio.com/listener for privacy information.

Earnings are in focus with Broadcom, Crowdstrike, and Macy's reporting in the coming days.
Bloomberg's Nathan Hager previews the numbers with Natalia Kniazhevich, Bloomberg Equities Reporter.
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:
- Dell Technologies (DELL) shares soared this week after the Texas-based company raised both its full year revenue and adjusted EPS outlooks on strong demand for its AI-powering servers. Analysts are widely impressed with the report, calling it “another blowout quarter.” The stock is up as much as 35%, its biggest intraday percentage jump since March 2024; with the move, the stock is now up more than 235% this year

- Replimune Group (REPL) shares soared as much as 82%, most intraday since October, after the biotech said it aligned with the FDA on a path to resubmit its Biologics License Application for RP1 in combination with nivolumab for advanced melanoma treatment. The Wall Street Journal previously reported the news.

- Snowflake (SNOW) shares surged by the most in more than five years after the software maker gave a stronger-than-expected annual outlook and signed a $6 billion multiyear agreement to use Amazon.com Inc.’s cloud services and chips.
See omnystudio.com/listener for privacy information.