Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Broadcom (AVGO) shares are lower this morning, despite the company predicting a boom in artificial intelligence chip sales over the next two years, helping renew optimism that it can challenge Nvidia Corp.’s dominance in the lucrative market.
- HPE (HPE) is sliding after reporting increasing sales that didn’t meet high expectations from investors.
- Snowflake (SNOW) jumped this morning after it raised its outlook for annual sales, topping analysts' estimates, and reported rapid adoption of its AI-assisted coding tool. The company said more than 2,000 customer accounts started using its coding assistant called CoCo during the quarter, bringing the total to 9,100.
- Five Below (FIVE) is higher after the retailer lifted its full-year outlook, citing the addition of new stores and the popularity of its budget-friendly merchandise among Gen Alpha and Gen Z shoppers.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Elliott Investment Management has built a sizeable stake in Deutsche Telekom AG and indicated the German telecommunications giant should ditch a potential merger with its American arm T-Mobile US Inc., people familiar with the matter said.
- M&G shares fall as much as 3.8% after first-half results from the asset manager showed a bigger-than-expected net loss due to adverse short-term fluctuations in investment returns, overshadowing otherwise strong net flows, capital generation and dividends.
- Watches of Switzerland shares erase early gains to fall after the watch retailer reiterated its full year guidance, saying in a statement it’s “well positioned” to deliver on FY27 guidance.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Crest Nicholson Holdings Plc reversed previous guidance for a modest profit this year and now expects to make a loss thanks to a subdued housing market and lackluster pricing. Shares plunged.
- Soitec surges as much as 13%, the most since July 23, as the French chip material company lifted its revenue guidance for the second quarter of 2027, citing accelerating Photonics-SOI demand.
- Elliott Investment Management has built a sizeable stake in Deutsche Telekom AG and indicated the German telecommunications giant should ditch a potential merger with its American arm T-Mobile US Inc., people familiar with the matter said.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Asian financial stocks including KB Financial Group rise, outperforming the broader market, on expectations that rising rates would lift bank margins and returns on fixed-income investments.
- Fast Retailing Co. shares fell as much as 3.8%, after a drop in the August sales of the company’s retail brand, Uniqlo.
- Cosco Shipping and other shipping stocks are benefiting from charging higher rates due to instability in the Middle East.
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Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- HPE (HPE) boosted its sales outlook for this fiscal year and next, saying artificial intelligence workloads are driving demand for servers and networking gear. The shares were little changed in extended trading after closing at $51.82 in New York. The stock has more than doubled this year.

- Snowflake (SNOW) gained in extended trading after the company raised its outlook for annual sales, topping analysts’ estimates, and touted rapid adoption of its AI-assisted coding tool. The shares jumped more than 20% in extended trading after closing at $305.84. The stock had climbed 39% this year through the close.

- Broadcom (AVGO) predicted a boom in artificial intelligence chip sales over the next two years, helping renew optimism that it can challenge Nvidia Corp.’s dominance in the lucrative market. AI chip revenue will double to about $115 billion in fiscal 2027 and soar to $230 billion the following year, Chief Executive Officer Hock Tan said during a conference call. The company also is on track to top earnings of $30 a share in fiscal 2028, outpacing Wall Street estimates. The shares rebounded from an earlier decline after Tan gave the guidance.
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