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- Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- AB Foods shares fall as much as 10%, the most since January, after the Primark owner reduced its profit guidance for the Sugar and Grocery divisions. Primark numbers were broadly in line with expectations, while Barclays analysts say plans to offer home delivery are unlikely to move the needle given the lack of detail.
- Porsche said it will generate about €1 billion ($1.16 billion) selling its stake in the venture that owns the Bugatti supercar brand as the German manufacturer tries to become leaner.
- Fortum shares rise as much as 4.5% after a number of brokers upgraded the Finnish energy company, citing a new 22-year power-purchase agreement with Google that will cover up to 50% of the capacity at its Loviisa nuclear plant.
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- AB Foods shares fall as much as 10%, the most since January, after the Primark owner reduced its profit guidance for the Sugar and Grocery divisions. Primark numbers were broadly in line with expectations, while Barclays analysts say plans to offer home delivery are unlikely to move the needle given the lack of detail.
- Whitbread is put on a 90-day positive catalyst watch at Citi before the UK hospitality company’s first-half results on Oct. 15, with upside seen to consensus pretax numbers.
- D’Ieteren shares rise as much as 6.4%, the most in more than four months, after adjusted pretax profits rose in the first half as a weak performance in its Auto division was countered by stronger performances elsewhere, including at car-glass company Belron.
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Shares of MiniMax and Z.AI fall in Hong Kong amid concerns that DeepSeek’s price cuts will intensify the competition among AI models in China and put pressure on margins.
- Nintendo shares slid as much as 5%, extending Wednesday’s decline, after its closely watched Direct event ended without an announcement of a new blockbuster game title for the Switch 2.
- Japanese banks including MUFG limit losses in Asia as The Bank of Japan will continue to raise its benchmark interest rate to ensure that the price trend doesn’t exceed 2%, board member Kazuyuki Masu said, in comments that support widespread expectations that the bank will raise borrowing costs next week.
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:
- Apple (AAPL) stock has rallied since June 25, driven by excitement about the new lineup of devices, particularly the foldable phone. The company's revenue is expected to rise in fiscal 2026, but Apple is still considered an AI laggard, a long-term fundamental issue for investors. The foldable iPhone is projected to have a starting price of $2,300 to $2,500, and shipments are estimated to total about 6.5 million units in Apple's fiscal first quarter.
- AeroVironment (AVAV) narrowed its loss in the fiscal first quarter as higher sales of its autonomous defense systems boosted the top line.The drone maker on Wednesday reported a loss of $5.1 million, or 10 cents a share, compared with a loss of $67.4 million, or $1.44 a share, a year earlier
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:
- Apple (AAPL) stock has rallied since June 25, driven by excitement about the new lineup of devices, particularly the foldable phone. The company's revenue is expected to rise in fiscal 2026, but Apple is still considered an AI laggard, a long-term fundamental issue for investors. The foldable iPhone is projected to have a starting price of $2,300 to $2,500, and shipments are estimated to total about 6.5 million units in Apple's fiscal first quarter.
- Meta Platforms (META) shares are up on Wednesday, with analysts positive on the Facebook parent after it debuted Muse, an AI assistant. Firms wrote that Meta is well positioned to succeed with the product.
- Signet (SIG) shares jump as much as 20%, the most intraday since April of last year, after the jewelry retailer boosted its adjusted earnings-per-share forecast for the full year. Short interest is 13% of float, according to data from S3 Partner
See omnystudio.com/listener for privacy information.
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