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- Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Cerebras (CBRS) is lower after the company projected slower growth than some investors anticipated, causing its shares to fall in premarket trading.
- Cisco (CSCO) is also on a downward trend after the company issued its quarterly results and AI revenue forecast, despite the company's outlook for sales and profit in the first quarter topping analysts' estimates.
- StubHub (STUB) shares are dropping after the company reported earnings per share for the second quarter that missed the average analyst estimate.
- Tapestry birk(TPR) and Birkenstock (BIRK) are also moving this morning as investors react to earnings.
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Adyen shares soared by the most in more than a year after its first-ever acquisitions raised the Dutch payment company’s net revenue growth outlook for the year.
- Maersk shares rise as much as 8.7%, the most in more than two months, after the container shipping giant raised its full-year outlook for the second time in seven weeks, as it continues to benefit from higher freight rates.
- Entain shares fluctuated after the gambling firm reported a beat on Ebitda for the first half of the year, driven by strength in online markets.
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Swissquote shares fell as much as 12%, the most since May 2022, after the Swiss online broker lowered its full-year outlook due to weak crypto income.
- Adyen shares rise as much as 8.4% after the Dutch payment firm raised its net revenue growth outlook for the year, following its first-ever acquisitions on the back of growing demand for its services.
- Maersk shares rise as much as 8.7%, the most in more than two months, after the container shipping giant raised its full-year outlook for the second time in seven weeks, as it continues to benefit from higher freight rates.
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Tencent shares fell on concerns about the holding company’s increasing AI investments, even after it reported solid growth for advertising and mobile games.
- SK Hynix shares rise after a revival in the global AI trade pushed South Korean stocks toward a technical bull market, marking a dramatic turnaround from last month’s historic rout.
- Hansoh Pharma shares rise after the Hang Seng Biotech industry rallies, as drug innovation in chronic illness and weight loss businesses in China grows at a rapid pace. Maya Thompson
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:
- Cisco Systems (CSCO) gave a sales projection for the current quarter that exceeded Wall Street’s expectations, a sign of success for the company’s efforts to supply a larger share of the AI data center market. The company attributed the strong sales to “broad-based, record high demand for Cisco technology” and expects AI momentum to remain strong. Cisco shares gained 1% to $125.19 in late trading, and the stock was up 61% this year through Wednesday’s close.
- Cerebras Systems (CBRS) reported a decline in hardware revenue, which fell to $54.1 million, and shares of the company fell about 17% in late trading. Revenue from the company's cloud division nearly quadrupled to $126 million, and the company expects total sales to exceed Wall Street estimates in the current period. Cerebras posted total sales of $180.1 million, up 74% from a year earlier, and plans to more than triple its revenue in 2027.
- Virgin Galactic Holdings (SPCE) is delaying the debut of its Delta-class spaceplane until February of 2027 to allow for additional time to complete avionics and systems installations. The company reported revenue of about $134,000 for the quarter and posted a smaller-than-expected net loss, with cash and cash equivalents standing at $187.3 million. Virgin Galactic booked new spaceflight expeditions, representing an additional $50 million in expected revenue, and plans to open bookings again in the US fall timeframe at a higher price than the current $750,000 per ticket.
See omnystudio.com/listener for privacy information.
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