Stock Movers

Stock Movers features five-minute conversations on today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

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Deere and Cisco Drop; Tapestry Slides; Wall Street Bullish on Bullish Thursday, August 14, 2025

On this episode of Stock Movers:- Deere (DE) fell in the premarket after the agricultural-equipment giant trimmed its net income forecast for the full year. The midpoint of the new range is below analysts’ expectations. The builder of the iconic green and yellow machines used to plant and harvest crops estimated 2025 net income between $4.75 billion and $5.25 billion. That’s down from a forecast in May for between $4.75 billion and $5.50 billion, and compares to a Bloomberg estimate for $5.08 billion.- Tapestry (TPR) is down with the company's EPS outlook includes a negative impact of 60 cents from higher duties, according to a statement, with Chief Financial Officer Scott Roe saying the "new information" on tariffs will have a "significant" effect. Tapestry is forecasting revenue of nearly $7.2 billion in the current fiscal year, which is slightly above analysts' expectations, with revenue at Coach rising 13% and falling 13% at Kate Spade in the most recent quarter.- Cisco (CSCO) is lower after the maker of networking equipment reported earnings that were largely in line with expectations. The company gave a cautious forecast for the current fiscal year.- Bullish (BLSH) is moving to the upside, jumping from the IPO price after the digital-asset exchange operator raised $1.1 billion in an initial public offering. The company's CEO, Tom Farley, says "credibility matters a lot" in the crypto industry and being a public company listed on the New York Stock Exchange gives additional credibilitySee omnystudio.com/listener for privacy information.

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Deere and Cisco Lower; Bullish Jumps; Tapestry Down Thursday, August 14, 2025

On this episode of Stock Movers:- Deere (DE) fell in the premarket after the agricultural-equipment giant trimmed its net income forecast for the full year. The midpoint of the new range is below analysts’ expectations. The builder of the iconic green and yellow machines used to plant and harvest crops estimated 2025 net income between $4.75 billion and $5.25 billion. That’s down from a forecast in May for between $4.75 billion and $5.50 billion, and compares to a Bloomberg estimate for $5.08 billion.- Cisco (CSCO) is lower after the maker of networking equipment reported earnings that were largely in line with expectations. The company gave a cautious forecast for the current fiscal year.- Bullish (BLSH) is moving to the upside, jumping from the IPO price after the digital-asset exchange operator raised $1.1 billion in an initial public offering. The company's CEO, Tom Farley, says "credibility matters a lot" in the crypto industry and being a public company listed on the New York Stock Exchange gives additional credibility.- Tapestry (TPR) is down with the company's EPS outlook includes a negative impact of 60 cents from higher duties, according to a statement, with Chief Financial Officer Scott Roe saying the "new information" on tariffs will have a "significant" effect. Tapestry is forecasting revenue of nearly $7.2 billion in the current fiscal year, which is slightly above analysts' expectations, with revenue at Coach rising 13% and falling 13% at Kate Spade in the most recent quarter.See omnystudio.com/listener for privacy information.

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Adyen Plunges, Aviva Up ,Thyssenkrupp Slumps Thursday, August 14, 2025

On this episode of Stock Movers:- Adyen shares slide as much as 19%, the most since 2023, after the payments firm toned down its sales growth outlook for the year, saying a prior view of full-year net revenue acceleration is “unlikely.”- UK insurer Aviva said its wealth arm saw net inflows in the first half of the year, with assets under management in the business rising by 16%. Shares rose as much as 3.7% in early London trading. - Thyssenkrupp shares fall as much as 12%, the most since May, after the German steel and engineering group cut its full-year guidance for sales and earnings, and posted a deeper third-quarter loss.See omnystudio.com/listener for privacy information.

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Bullish Soars in NYSE Debut, Grocery Stocks Fall, CoreWeave Tumbles, Cisco Falls Wednesday, August 13, 2025

On this edition of Stock Movers:- Bullish (BLSH) shares jumped 84% from the IPO price after the digital-asset exchange operator and owner of media outlet CoinDesk raised $1.1 billion in an initial public offering. Shares of the Cayman Islands-based company closed at $68 each on Wednesday in New York, nearly doubling its IPO price of $37 apiece. The offering was upsized earlier in the week to 30 million shares, and the price range was increased. The trading gives Bullish a market value of $9.9 billion based on the outstanding shares listed in its filing. The IPO ended more than 20 times oversubscribed, with about a third of orders receiving no shares at all, people familiar with the matter have said. - Walmart (WMT), Instacart (CART), and Kroger (KR) shares fell after Amazon.com Inc. announced plans to offer same-day grocery delivery in 2,300 cities by the end of the year. Customers will be able to order perishable items such as produce, dairy, meat, seafood and baked goods, alongside frozen foods and household items, the company said in a statement on Wednesday. Same-day grocery delivery is free for Amazon Prime subscribers on orders over $25 in most cities, it said. For non-members, the service carries a $12.99 fee, regardless of order size.- CoreWeave (CRWV) shares tumbled after the cloud-computing provider reported a wider quarterly loss and gave a disappointing earnings outlook, raising concerns about its rapid AI data center expansion pressuring profit margins. Third-quarter operating income will be $160 million to $190 million, the company said Tuesday, underwhelming investors looking to justify a near-quadrupling of its share price since its March debut. Costs are surging, and CoreWeave posted a loss of $131 million for the June quarter — more than 20 times bigger than the loss a year earlier.- Cisco Systems (CSCO) shares fell after the company gave a lukewarm forecast for the current fiscal year, disappointing investors who hoped for a boost from massive AI data center projects. Sales will be between $59 billion and $60 billion in the fiscal year that runs through July 2026, the company said in a statement Wednesday. At the midpoint, that’s roughly in line with the average Wall Street estimate of $59.5 billion, according to data compiled by Bloomberg. Some analysts, though, we’re looking for more than $61 billion.See omnystudio.com/listener for privacy information.

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Closing Bell: Paramount Skydance Rises, Bullish Soars, Cisco's Lukewarm Outlook Wednesday, August 13, 2025

On this episode of Stock Movers: Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Matt Miller, Carol Massar and Tim Stenovec. - Paramount Skydance (PSKY) shares climbed in trading today adding to Tuesday’s 8.4% advance and making it one of today's top performers in the S&P 500. Paramount Skydance is the resulting company formed by Paramount Global’s merger with Skydance Media, which was approved by the FCC on July 25; the combined company began trading on Aug. 8. On Aug. 11, Paramount said it has acquired the exclusive rights to show all events from the Ultimate Fighting Championship in the US from TKO Group in a $7.7 billion, seven-year deal. - Bullish (BLSH) shares jumped 132% from the IPO price after the digital-asset exchange operator and owner of media outlet CoinDesk raised $1.1 billion in an initial public offering. The IPO was more than 20 times oversubscribed, people familiar with the matter have said. Bullish, which counts former New York Stock Exchange president Tom Farley as its Chief Executive Officer, offers crypto spot trading, margin trading and derivatives trading, with a focus on institutional investors, the filing shows. Its margin and derivatives products aren’t currently available in the US or to US users. - Cisco (CSCO) the largest maker of machines that run computer networks and the internet, gave a lukewarm forecast for the current fiscal year, disappointing investors who hoped for a boost from massive AI data center projects. Sales will be between $59 billion and $60 billion in the fiscal year that runs through July 2026, the company said in a statement Wednesday. At the midpoint, that’s roughly in line with the average Wall Street estimate of $59.5 billion, according to data compiled by Bloomberg. Some analysts, though, we’re looking for more than $61 billion.See omnystudio.com/listener for privacy information.

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Paramount Skydance Soars, Amazon Gains, Cava Plunges Wednesday, August 13, 2025

On this edition of Stock Movers:- Paramount Skydance (PSKY) shares climbed as much as 29% on Wednesday, adding to Tuesday’s 8.4% advance. The stock is the top performer today in the S&P 500. Paramount Skydance is the resulting company formed by Paramount Global’s merger with Skydance Media, which was approved by the FCC on July 25; the combined company began trading on Aug. 8. On Aug. 11, Paramount said it has acquired the exclusive rights to show all events from the Ultimate Fighting Championship in the US from TKO Group in a $7.7 billion, seven-year deal. In a research note dated Aug. 12, Evercore ISI media analyst Kutgun Maral wrote that Paramount Skydance’s UFC deal sends a “loud message to Hollywood, sports leagues, and Wall Street alike that the merged company is prepared to invest in its ambitions to empower its creative engines and scale Paramount+ globally”.- Amazon (AMZN) shares are rising after the company plans to offer same-day grocery delivery in 2,300 cities by the end of the year, more than doubling the current number and marking its latest attempt to muscle into the $1 trillion grocery industry led by its top retail competitor Walmart Inc. Customers will be able to order perishable items such as produce, dairy, meat, seafood and baked goods, alongside frozen foods and household items, the company said in a statement on Wednesday. Same-day grocery delivery is free for Amazon Prime subscribers on orders over $25 in most cities, it said. For non-members, the service carries a $12.99 fee, regardless of order size.- Cava Group (CAVA) shares plummeted after the company trimmed its annual sales guidance, as skittish diners spent less on restaurant meals. The fast-casual Mediterranean chain now says sales at established locations will expand 6% at most this year, while it previously forecast an increase of as much as 8%. The cut came after quarterly sales grew at the slowest rate since the first quarter of 2021, according to data compiled by Bloomberg.See omnystudio.com/listener for privacy information.

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Amazon Rises, Cava Group Plunges, Capri Holdings Jumps on JPMorgan Rating Wednesday, August 13, 2025

On this episode of Stock Movers:- Amazon (AMZN) shares rise. The company is now offering same-day grocery delivery in more than 1,000 cities and plans to bring the service to over 2,300 more by the end of the year, marking a major expansion as demand for food deliveries has remained resilient.- Cava Group (CAVA) shares plunge after the company trimmed its annual sales guidance, citing slower quarterly sales growth. The company now forecasts sales at established locations to expand at most 6% this year, down from a previous forecast of as much as 8%.- Capri Holdings (CPRI) rises as JPMorgan raised the Michael Kors owner to overweight from neutral, saying fewer markdowns and tariff mitigation measures are set to boost earnings.See omnystudio.com/listener for privacy information.

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Cava Group Plunges, On Holding Drops, CoreWeave Falls as AI Buildout Costs Deepen Losses Wednesday, August 13, 2025

On this episode of Stock Movers:- Cava Group (CAVA) shares plunge after the company trimmed its annual sales guidance, citing slower quarterly sales growth. The company now forecasts sales at established locations to expand at most 6% this year, down from a previous forecast of as much as 8%.- On Holding (ONON) shares drop after Jefferies downgraded the Swiss sneaker maker and set a new Street-low price target, with analysts arguing sales growth is peaking and that valuation multiples will compress as growth slows. - CoreWeave (CRWV) shares fall after the cloud-computing provider reports a net loss for its second quarter that was wider than expected. Analysts are positive about the company’s revenue but note that it might have failed to live up to high investor expectations.See omnystudio.com/listener for privacy information.

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Cava Sales Concern; CoreWeave Drop; Webtoon Disney Deal Wednesday, August 13, 2025

On this episode of Stock Movers:- Cava Group (CAVA) is lower after trimmed its annual sales outlook after a sharp deceleration in the second quarter as diners spent less on restaurant meals. The fast-casual Mediterranean chain now says sales at established locations will expand 6% at most this year, while it previously forecast an increase of as much as 8%.- Brinker International (EAT) is higher after fourth-quarter earnings beat expectations with the Chili’s owner expecting that momentum to carry through in the next fiscal year, issuing an outlook eclipsing analyst predictions. The Dallas-based company sees fiscal 2026 adjusted earnings of $9.90 to $10.50 per share, above the $9.88 consensus projected. The company expects revenue of $5.6 billion to $5.7 billion, with the mid-point slightly higher than the $5.63 billion analysts anticipated. Shares briefly dipped in early premarket trading before turning positive.- CoreWeave (CRWV) shares are lower and continues its trend downward from after-market trading following a disappointing earnings outlook, reflecting margin pressures from a rapid AI datacenter expansion. The company expects third-quarter operating income of $160 million to $190 million and has seen costs surge, with a more than 20-fold jump in losses to $131 million for the June quarter.- Webtoon Entertainment (WBTN) soared in premarket trading on Wednesday after the company, which lets creators and users make and discover digital comics, announced a deal with Walt Disney to bring about 100 series to its English-language app. The firm also forecast revenue for the third quarter that beat the average analyst estimate.See omnystudio.com/listener for privacy information.

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Hanesbrand Drop; Palo Alto Jump; Eli Lilly Higher Wednesday, August 13, 2025

On this episode of Stock Movers:- Hanesbrands (HBI) is lower after Gildan Activewear Inc. agreed to buy US underwear maker Hanesbrands Inc. for about $2.2 billion in cash and stock, in its largest ever acquisition. Canada-based Gildan is offering Hanesbrands holders roughly $6 a share, based on the companies’ closing prices on Aug. 11, according to a statement Wednesday. Including debt, the deal values Hanesbrands at about $4.4 billion.- Palo Alto Networks (PANW) is the biggest upside mover in early trading. It got upgrades from Piper Sandler and Deutsche Bank, providing a pop to the stock.- Eli Lilly (LLY) is higher after uncertainty surrounding the stock yesterday. The company recently launched an injector pen for Mounjaro, its weight-loss drug, for its starting dose in India as it continues to expand output.- CoreWeave (CRWV) shares are lower and continues its trend downward from after-market trading following a disappointing earnings outlook, reflecting margin pressures from a rapid AI datacenter expansion. The company expects third-quarter operating income of $160 million to $190 million and has seen costs surge, with a more than 20-fold jump in losses to $131 million for the June quarter.See omnystudio.com/listener for privacy information.

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Evolution Slumps, Beazley Falls, Glanbia Rises Wednesday, August 13, 2025

On this episode of Stock Movers:- Evolution dropped as much as 7% after it was said to have run bets in banned markets. Current and former executives at the Stockholm-based online gambling company were secretly filmed describing how its casino games made their way illegally to countries such as Iran, Sudan and China.- Beazley fell as much as 6.5% following its interim results. The insurer reported pretax profit for the first half-year that beat the average analyst estimate.- Glanbia shares climbed as much as 12%, the most since late April, after the food nutrition company beat expectations in the first half and lifted its guidance for the full year.See omnystudio.com/listener for privacy information.

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CoreWeave Drops, Cava Plummets, eToro Falls Tuesday, August 12, 2025

On this edition of Stock Movers:- CoreWeave (CRWV) shares dropped after the company posted steeper losses as it continued to build to meet demand from artificial intelligence developers. The company’s shares fell 5% in after-hours trading. Second-quarter adjusted net losses in the period steeped significantly to $130.8 million, compared to $5 million last year, it said in a statement Tuesday. Analysts had projected losses of $96.3 million. “We are scaling rapidly as we look to meet the unprecedented demand for AI,” Chief Executive Officer Michael Intrator said in the statement. Revenue tripled to $1.21 billion, the company said, ahead of expectations for $1.08 billion. - Cava Group (CAVA) shares plummeted after the company trimmed its annual sales outlook after a sharp deceleration in the second quarter as skittish diners spent less on restaurant meals, showing the pressure the brand is facing to keep up with its speedy growth in recent years. Cava’s shares fell about 23% in postmarket trading in New York on Tuesday, which would be its largest decrease on record if it holds through Wednesday’s close. The company’s stock declined roughly 25% this year through Tuesday’s close, compared with the 3.8% slump in the S&P 400 Consumer Discretionary Index. The fast-casual Mediterranean chain now says sales at established locations will expand 6% at most this year, while it previously forecast an increase of as much as 8%. The cut follows Cava’s slowest advance for that metric going back to the first quarter of 2021, according to data compiled by Bloomberg.- eToro (ETOR) shares fell after the trading and investment platform reported second-quarter results. TD Cowen called the print “uneven” as the adjusted earnings per share beat was driven by a low tax rate.See omnystudio.com/listener for privacy information.

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Airline Stocks Jump, AST SpaceMobile Plans More Launches, Cardinal Health to purchase Solaris Health Tuesday, August 12, 2025

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Vonnie Quinn, Carol Massar and David Gura.On this episode of Stock Movers:- United Airlines (UAL) and Delta Air Lines (DAL) were the top performers in the S&P 500 Tuesday as an unexpected pickup in airfares lifted airline stocks. Airline fares increased 4% month over month in July, according to the release Tuesday of the consumer price index, marking a sudden reversal after five consecutive monthly declines. It was the largest seasonally adjusted change in airfares since May 2022, according to the Bureau of Labor Statistics, which publishes the data. The news boosted airline stocks on Tuesday. United was up 9.9%, Delta gained 9.1%, American Airlines Group was climbing 11%, and Southwest Airlines was up 4.1%.- AST SpaceMobile (ASTS) shares rise over 13% in premarket trading after the satellite firm set out an ambitious plan to launch 45 to 60 satellites during 2025 and 2026. The firm also said it received two additional early-stage contracts for the US government.- Cardinal Health (CAH) agreed to purchase Solaris Health in a $1.9 billion deal, the company’s latest acquisition in the urology category and an expansion of its multispecialty strategy. “Urology is an attractive specialty for us,” said Jason Hollar, chief executive officer of Cardinal Health, in a statement. Among other recent urology acquisitions, Cardinal Health recently completed the purchase of Academic Urology & Urogynecology. Solaris Health has more than 750 providers in 14 states.See omnystudio.com/listener for privacy information.

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Paramount Skydance Rises, AST SpaceMobile Soars, Opendoor Rallies Tuesday, August 12, 2025

On this edition of Stock Movers:- Paramount Skydance Corp. (PSKY) shares are rising after the company is being started with a buy rating and $13 price target at Guggenheim, which sees strong prospects for the media company following the completion of the merger between Paramount Global and Skydance Media. The company is “investing in growth businesses (studios, streaming, sports),” scaling its direct-to-consumer streaming business, and “driving efficiency enterprise-wide with a focus on long-term free cash flow generation,” writes analyst Michael Morris. PSKY getting the rights for the Ultimate Fighting Championship “aligns with management’s goal of a global, scaled service and strategy of leaning into premium sports content."- AST SpaceMobile (ASTS) shares climbed as much as 19% Tuesday after the satellite firm set out an ambitious plan to launch 45 to 60 satellites in 2025 and 2026. The firm also said it received two additional early-stage contracts for the US government.- Opendoor Technologies (OPEN) shares rallied today after cryptocurrency investor and influential newsletter writer and podcaster Anthony Pompliano said he’d bought shares in the digital real estate firm. Shares rose as much as 16% Tuesday after Pompliano, chief executive officer of ProCap Acquisition Corp., said in a post on X he’s an investor in the $1.8 billion company. Pompliano is a former employee of Facebook, now known as Meta Platforms Inc., who hosts podcasts on business and investing, writes a daily newsletter to 260,000 readers and has 1.7 million followers on X. Tuesday’s gains mark the latest advance for the San Francisco, California-based company after it ended last month with a record 245% surge, climbing above $2 from just about 60 cents. The stock was at the center of July’s retail trader frenzy after Eric Jackson, founder of Toronto-based hedge fund EMJ Capital Ltd, made a series of posts on social media encouraging buying. That sent shares flying by as much as 832% before paring gains, and sparked a broader rally in other highly-speculative names across the market.See omnystudio.com/listener for privacy information.

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Tilray Brands Rises, Gildan Activewear Falls, Intel Up After Trump Meeting Tuesday, August 12, 2025

On this episode of Stock Movers:- Tilray Brands (TLRY) shares rise along with cannabis stocks after President Donald Trump said he was considering reclassifying marijuana as a less dangerous drug. - Gildan Activewear (GIL) shares fall as the company in advanced talks to buy US underwear maker Hanesbrands Inc., people familiar with the matter said, in what would be its largest ever acquisition.- Intel (INTC) shares are up after CEO Lip-Bu Tan's meeting with President Donald Trump. Trump called Intel C.E.O. a ‘Success’ After meeting.See omnystudio.com/listener for privacy information.

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Circle Jumps, Tilray Brands Rises, Venture Global Up After Earnings Tuesday, August 12, 2025

On this episode of Stock Movers:- Circle (CRCL) shares jump after the stablecoin issuer reported its first earnings as a public company. Second-quarter adjusted Ebitda and revenue beat the average analyst estimate.- Tilray Brands (TLRY) rises along with cannabis stocks after President Donald Trump said he was considering reclassifying marijuana as a less dangerous drug. - Venture Global (VG) jumps after the energy infrastructure company reported adjusted Ebitda for the second quarter that beat the average analyst estimate. See omnystudio.com/listener for privacy information.

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Intel Pop; Nvidia Slides on China Chip News; Hanesbrand Deal Tuesday, August 12, 2025

On this episode of Stock Movers:- Intel (INTC) is moving to the upside after President Trump said his Cabinet members would continue discussions with Lip-Bu Tan in the coming days after meeting with the Intel Corp. CEO at the White House. Intel said Tan and Trump discussed the company's "commitment to strengthening U.S. technology and manufacturing leadership" in a "candid and constructive" talk. Trump's remarks were a reversal from his earlier statement calling for Tan's resignation and accusing him of having conflicts of interest.- Nvidia (NVDA) is lower on news China urged local companies to avoid using Nvidia Corp.'s H20 processors, particularly for government-related purposes, according to people familiar with the matter. The guidance from Chinese authorities does not constitute an outright ban on H20 use, but rather discourages companies from using the chips, especially for government or national security-related work.- Hanesbrand (HBI) is soaring on news Canada’s Gildan Activewear Inc. is in advanced talks to buy US underwear maker Hanesbrands Inc., the FT reported, citing people familiar with the matter. The transaction could value Hanesbrands at almost $5 billion including debt and it may be agreed by the end of the week, the people told the FT, adding negotiations are not finalized and may still collapse. Shares in Hanesbrand had lost more than 40% this year through Monday, taking its market value to $1.7 billion. The US company had about $2.5 billion in debt as of June, the FT said.- Circle (CRCL) shares are jumped after the stablecoin issuer reported its first earnings as a public company. Second-quarter adjusted Ebitda and revenue beat the average analyst estimate.See omnystudio.com/listener for privacy information.

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Intel CEO Trump Meeting; Chips and China; Musk Calls out Apple Tuesday, August 12, 2025

On this episode of Stock Movers:- Intel (INTC) is moving to the upside after President Trump said his Cabinet members would continue discussions with Lip-Bu Tan in the coming days after meeting with the Intel Corp. CEO at the White House. Intel said Tan and Trump discussed the company's "commitment to strengthening U.S. technology and manufacturing leadership" in a "candid and constructive" talk. Trump's remarks were a reversal from his earlier statement calling for Tan's resignation and accusing him of having conflicts of interest.- Nvidia (NVDA) is lower on news China urged local companies to avoid using Nvidia Corp.'s H20 processors, particularly for government-related purposes, according to people familiar with the matter. The guidance from Chinese authorities does not constitute an outright ban on H20 use, but rather discourages companies from using the chips, especially for government or national security-related work.- Apple (APPL) shares are lower this morning. It comes as the world's richest man Elon Musk accused Apple Inc. of favoring OpenAI, saying Apple makes it impossible for anyone other than OpenAI to reach the top of the App Store charts.- Bigbear.ai (BBAI) shares are sliding massively after the software company reported revenue for the second quarter that missed the average analyst estimate.See omnystudio.com/listener for privacy information.

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Vestas Rises, Spirax Jumps, Bellway Up Tuesday, August 12, 2025

On this episode of Stock Movers:- Vestas Wind Systems shares rose as much as 5.1% after the company won new orders in the US, which analysts at Citi said is being taken well by the market following the drop in the shares on Monday. - Spirax stocks rallied as much as 18%, marking the biggest jump on record, after the thermal energy and fluid technology company delivered results ahead of expectations in the first half. Citi said the update implies there is some upside potential to consensus estimates for the current year. - Bellway rose as much as 2.6% after it reported homes completed for the full year of 8,749 vs. 7,654 year on year.See omnystudio.com/listener for privacy information.

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TKO Jumps, Cannabis Stocks Rise, Hershey Falls Monday, August 11, 2025

On this edition of Stock Movers:- TKO Group (TKO) shares advanced today after Paramount Skydance acquired the exclusive rights to show all events from the Ultimate Fighting Championship in the US over the next seven years, the companies announced Monday, a $7.7 billion deal designed to boost the Paramount+ streaming service. Paramount will offer the UFC’s 13 marquee events and 30 additional fight nights on its streaming service, while also showing select events on the CBS broadcast network, starting next year. UFC’s marquee events are typically numbered and feature title matches with top fighters, while fight nights usually involve up-and-comers or less prominent matchups. Paramount said it’s paying an average of $1.1 billion a year and will explore buying international rights in the future as they become available.- Tilray Brands (TLRY) and other shares of cannabis-linked companies rallied on Monday after President Donald Trump said he was considering reclassifying marijuana as a less dangerous drug, giving the sector a much needed boost.- Shares of chocolate makers Hershey (HSY) and Mondelez (MDLZ) are trading lower Monday as cocoa futures climbed the most since December amid dropping inventories and renewed concern about weaker West African crop forecasts in the coming season. Futures in New York surged as much as 11% on Monday before paring gains. US exchange cocoa stockpiles have been falling, while dry weather conditions in parts of the world’s top growing region are threatening the next cocoa season after the current mid-crop harvest has already been poorer than expected.See omnystudio.com/listener for privacy information.