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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GM's Tariff Hit; Coca Cola Beats Earnings; Opendoor Soars Tuesday, July 22, 2025

On this episode of Stock Movers:- General Motors (GM) shares are lower after second-quarter profit fell as President Donald Trump’s tariffs on foreign-made vehicles and parts chopped $1.1 billion from adjusted earnings. TThe Detroit-based automaker said Tuesday it earned $2.53 per share on an adjusted basis, above the Bloomberg consensus forecast of $2.33 but short of the $3.06 it made a year ago.- Coca Cola (KO) is higher on an earnings beat. Comparable EPS came in at $0.87 per share, compared to the estimated $0.83 per share. The company posted second-quarter sales growth that beat Wall Street expectations as consumers continue to pay higher prices for the company’s soft drinks.- Opendoor Technologies (OPEN) is rising again premarket as the real estate buying Internet platform is serving as the latest surging meme stock. It soared as much as 121% on Monday, extending its rally from last week, as investors continued to pile into the stock that has found a sudden fandom among retail traders and social-media platforms.- NXP Semiconductors (NXPI) shares are sliding after the chipmaker's third-quarter forecast was less bullish than some investors had anticipated. The company's outlook suggests it is still contending with a turbulent industry, particularly in the automotive sector, which accounts for more than half of its revenue.See omnystudio.com/listener for privacy information.

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GM Drops on Tariffs; Coca Cola Earnings Beat; Defense Contractors Tuesday, July 22, 2025

On this episode of Stock Movers:- General Motors (GM) shares are lower after second-quarter profit fell as President Donald Trump’s tariffs on foreign-made vehicles and parts chopped $1.1 billion from adjusted earnings. TThe Detroit-based automaker said Tuesday it earned $2.53 per share on an adjusted basis, above the Bloomberg consensus forecast of $2.33 but short of the $3.06 it made a year ago.- Coca Cola (KO) is higher on an earnings beat. Comparable EPS came in at $0.87 per share, compared to the estimated $0.83 per share. The company posted second-quarter sales growth that beat Wall Street expectations as consumers continue to pay higher prices for the company’s soft drinks.- Northrop Grumman (NOC) shares are rising after it raised its earnings guidance for the full year after getting a boost from its Sentinel ballistic missile and B-21 bomber programs. TThe maker of the B-2 bomber that was used in the recent Iran campaign now predicts annual profit per share of $25.00 to $25.40. The company also narrowed its full-year revenue forecast to between $42.05 billion and $42.25 billion, according to a statement on Tuesday.- RTX (RTX) shares are falling after missing on some headline earnings figures. RTX Corp cut its adjusted earnings per share guidance for the full year; the guidance missed the average analyst estimate.- Opendoor Technologies (OPEN) is rising again premarket as the real estate buying Internet platform is serving as the latest surging meme stock. It soared as much as 121% on Monday, extending its rally from last week, as investors continued to pile into the stock that has found a sudden fandom among retail traders and social-media platforms.See omnystudio.com/listener for privacy information.

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Greencore Jumps, AkzoNobel Falls, Infineon Auto Fears Tuesday, July 22, 2025

On this episode of Stock Movers:- Greencore Group shares jump as much as 9.3%, trading at their highest level since January 2020, after the food manufacturer lifted its profit outlook for the year. Analysts at Jefferies say the firm’s growth is outpacing the wider grocery industry. The update has also lifted Bakkavor to an all—time high, with the firm in the process of being bought by Greencore. - AkzoNobel shares fall as much as 5.3%, the most since early April, with Morgan Stanley analysts calling it a “disappointing set of results” with pricing/mix coming in below their expectations. AkzoNobel cut its profit forecast for the year, as it factored the impact of currency headwinds into its guidance and warned of ongoing tariff uncertainty.The maker of Dulux paints now expects its 2025 adjusted earnings before interest, taxes, depreciation and amortization to be above €1.48 billion ($1.73 billion), according to a statement Tuesday. The firm previously guided for more than €1.55 billion.- Weaker demand in the auto and industrial segments could be a drag on sales for Infineon Technologies AG and STMicroelectronics NV. Last week, Renault SA slashed its guidance for this year’s operating margins because of intensifying competition and a decline in the auto market. Stellantis NV on Monday reported a surprise first-half net loss.See omnystudio.com/listener for privacy information.

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Closing Bell: Verizon Rallies on Earnings, Opendoor Skyrockets, Lululemon Slumps Monday, July 21, 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, Scarlet Fu, Carol Massar and Tim Stenovec.- Verizon (VZ) shares rallied after it posted second-quarter revenue that surpassed analysts’ estimates and raised its profit outlook, buoyed by wireless price increases and recent tax legislation. Operating revenue was $34.5 billion, up 5.2% from a year earlier, The New York-based carrier said in a statement. Wall Street had been expecting $33.7 billion, on average. Wireless service revenue, which excludes device purchases and upgrades, was $20.9 billion, in line with analysts’ projections. The strong performance, as well as “favorable tax reform,” led Verizon to boost some full-year guidance metrics, including adjusted earnings before interest, tax, depreciation and amortization and free cash flow. CEO Hans Vestberg said Verizon has “momentum and a clear path forward.”- Opendoor (OPEN) shares were halted for volatility during trading today, jumping as much as 121%, extending its gravity-defying rally from last week, as investors continued to pile into the stock that has found a sudden fandom among retail traders and social-media platforms. The stock’s triple-digit surge sent shares soaring to $4.97, well-above the $1 level it was bouncing around for the last few months. While shares in the online platform for buying and selling US real estate since pared their rally — closing around 43% higher — it’s still its sixth straight day of gains. Trading was briefly halted in the afternoon because of volatility. Opendoor has been the subject of chatter among retail traders on social media in recent days after Eric Jackson, founder of Toronto-based hedge fund EMJ Capital made a series of posts on social media platform X encouraging buying. It was listed as the topmost actively traded stock on Stocktwits Monday afternoon, and was being heavily cited by posters on Reddit’s WallStreetBets thread.- Lululemon (LULU) shares slipped today as the athleisure brand continues to suffer from slowing sales. Lululemon’s core black leggings, which are vital products that rarely are discounted, are piling up at outlet stores, according to Randal Konik, an analyst at Jefferies. That’s an alarming issue for Lululemon, he added, showing erosion in core demand for the brand’s clothes. “We’ve witnessed signals of a brand in decline and see risks to earnings ahead,” Konik said in a note to clients on Thursday. The analyst, a long-time critic of the company’s strategy, has had an underperform rating on Lululemon’s stock since 2022.See omnystudio.com/listener for privacy information.

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Block Jumps, Domino's Pizza Earnings, Invesco Upgrade Monday, July 21, 2025

On this edition of Stock Movers: - Block (XYZ) shares surged on the new it will join the S&P 500. Jack Dorsey's fintech firm will replace Hess in the benchmark. The changes will go into effect prior to the start of trading on July 23, according to a press release from S&P Dow Jones Indices Friday. Block, formerly known as Square, has evolved from a payments processor into a broader fintech player, offering peer-to-peer transfers, merchant services, and increasingly, consumer lending. Earlier this year, Block’s industrial bank subsidiary Square Financial Services Inc. received approval from the US Federal Deposit Insurance Corp. to begin offering consumer loans directly through the Cash App Borrow product. The company is also integrating Bitcoin payment capabilities into its Square terminals, reflecting Dorsey’s long-standing advocacy for Bitcoin. He remains an influential voice in the digital-asset world, recently sharing open-source coding projects on X.- Domino's Pizza (DPZ) shares are down. Earlier today, the restaurant operator reported second-quarter comparable sales growth that topped Wall Street expectations. Despite that, after the conference call, analysts weighed in on what might be pressuring the stock. “We think DPZ still has a strong year ahead of it and numbers seem beatable,” while stock reaction may be a function of “positioning, expectations, and broader QSR/pizza concerns,” Morgan Stanley’s Brian Harbour writes.- Invesco (IVZ) shares are up after after TD Cowen analyst Bill Katz raised the recommendation on the investment management company to buy from hold, calling its move to unlock fee revenue from the QQQ ETF a “game changing event.” The company is also set to report second quarter earnings tomorrow.See omnystudio.com/listener for privacy information.

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Verizon Beats on Revenue, Microsoft Slides, Block Surges Monday, July 21, 2025

On this edition of Stock Movers:- Verizon (VZ) posted second-quarter revenue that surpassed analysts’ estimates and raised its profit outlook, buoyed by wireless price increases and recent tax legislation. Operating revenue was $34.5 billion, up 5.2% from a year earlier, The New York-based carrier said in a statement. Wall Street had been expecting $33.7 billion, on average. Wireless service revenue, which excludes device purchases and upgrades, was $20.9 billion, in line with analysts’ projections. The strong performance, as well as “favorable tax reform,” led Verizon to boost some full-year guidance metrics, including adjusted earnings before interest, tax, depreciation and amortization and free cash flow. The shares rose as much as 4.7% Monday in New York, the most since January 2024. They are up 6.2% this year.- Microsoft (MFST) shares slid after it warned that hackers are actively targeting customers of its document management software SharePoint, with security researchers flagging the risk of potentially widespread breaches around the world. Vulnerabilities in the software have allowed hackers to access file systems and execute code, the US Cybersecurity and Infrastructure Security Agency warned on Sunday. While Microsoft said over the weekend that it had released a new patch for customers to apply to their SharePoint servers “to mitigate active attacks targeting on-premises servers,” the company was still working to roll out others to address ongoing security flaws.- Block (XYZ) shares surged on the new it will join the S&P 500. Jack Dorsey's fintech firm will replace Hess in the benchmark. The changes will go into effect prior to the start of trading on July 23, according to a press release from S&P Dow Jones Indices Friday. Block, formerly known as Square, has evolved from a payments processor into a broader fintech player, offering peer-to-peer transfers, merchant services, and increasingly, consumer lending. Earlier this year, Block’s industrial bank subsidiary Square Financial Services Inc. received approval from the US Federal Deposit Insurance Corp. to begin offering consumer loans directly through the Cash App Borrow product. The company is also integrating Bitcoin payment capabilities into its Square terminals, reflecting Dorsey’s long-standing advocacy for Bitcoin. He remains an influential voice in the digital-asset world, recently sharing open-source coding projects on X.See omnystudio.com/listener for privacy information.

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Verizon Gains, Dollar Tree Rises, Target Dips on Barclays Cut Monday, July 21, 2025

On this episode of Stock Movers: - Verizon (VZ) shares gain after the company posted second-quarter revenue that surpassed analysts’ estimates and raised its profit outlook, buoyed by wireless price increases and recent tax legislation. - Dollar Tree (DLTR) shares rise after a couple of bullish analysts’ notes, including an upgrade from Barclays, and a Street-high PT boost from JPMorgan, which also added the retailer to its Analysts Favorites List. - Target (TGT) shares dip after Barclays analyst Seth Sigman cut his recommendation on the retailer to underweight from equal-weight. In addition, his analysis points to continued underperformance in both consumables segment and in general merchandise, with trends appearing weakest among Target’s more frequent shoppers.See omnystudio.com/listener for privacy information.

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Microsoft Falls, Equinix Rises, Domino's Climbs After Earnings Monday, July 21, 2025

On this episode of Stock Movers:- Microsoft (MSFT) shares fall after the company warned that hackers are actively targeting customers of its document management software SharePoint, with security researchers flagging the risk of potentially widespread breaches around the world.- Equinix (EQIX) shares rise. Elliott Investment Management has built up its stake in Equinix and is pushing the company to take steps to boost its share price, people with knowledge of the matter said.- Domino's (DPZ) shares climb after the restaurant operator reported second-quarter comparable sales growth that topped Wall Street expectations.See omnystudio.com/listener for privacy information.

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Verizon Pops on Guidance Lift; Stellantis Lower; Domino's Delivers Strong Resutlss Monday, July 21, 2025

On this episode of Stock Movers:- Verizon (VZ) is getting a lift this morning after the company raised its profit outlook. The company posted second-quarter revenue that surpassed analysts’ estimates, with operating revenue of $34.5 billion, up 5.2% from a year earlier. Verizon raised its profit outlook, citing "favorable tax reform" and strong performance, with Chief Executive Officer Hans Vestberg saying Verizon has "momentum and a clear path forward."- Stellantis (STLA) is fell to a three-month low after the maker of Fiat, Citroen and Jeep autos reported a preliminary first-half loss of €2.3 billion, due to restructuring expenses, waning sales and the impact of US tariffs. Bloomberg Intelligence analysts said the loss may reflect new CEO Antonio Filosa seeking to get all the bad news out of the way, to provide a low base to build from.- Domino's (DPZ) is higher as the restaurant operator reported second-quarter comparable sales growth that topped Wall Street expectations.See omnystudio.com/listener for privacy information.

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Verizon Lifts Guidance; Stellantis Miss; Domino's Delivers Monday, July 21, 2025

On this episode of Stock Movers:- Verizon (VZ) is getting a lift this morning after the company raised its profit outlook. The company posted second-quarter revenue that surpassed analysts’ estimates, with operating revenue of $34.5 billion, up 5.2% from a year earlier. Verizon raised its profit outlook, citing "favorable tax reform" and strong performance, with Chief Executive Officer Hans Vestberg saying Verizon has "momentum and a clear path forward."- Stellantis (STLA) is fell to a three-month low after the maker of Fiat, Citroen and Jeep autos reported a preliminary first-half loss of €2.3 billion, due to restructuring expenses, waning sales and the impact of US tariffs. Bloomberg Intelligence analysts said the loss may reflect new CEO Antonio Filosa seeking to get all the bad news out of the way, to provide a low base to build from.- Domino's (DPZ) is higher as the restaurant operator reported second-quarter comparable sales growth that topped Wall Street expectations. - Block (XYZ) is surging as it's set to join the S&P 500 index, a milestone that underscores the growing influence of digital payments and crypto in mainstream finance. The fintech firm will replace Hess Corp. in the benchmark, following Chevron Corp.’s acquisition of the energy producer.See omnystudio.com/listener for privacy information.

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Ryanair Soars, Stellantis Falls, Convivio Up Monday, July 21, 2025

On this episode of Stock Movers:- Ryanair Holdings Plc net income in the first quarter more than doubled, and the budget airline said it will recover most of the fare drop suffered last year. The stock jumped almost 10% at the open, its biggest gain in almost a month. Before today, shares of the carrier were already up 21% this year, while low-cost rivals EasyJet Plc and Wizz Air Holdings have dropped 11% and 27%, respectively. - Stellantis NV swung to a €2.3 billion ($2.7 billion) net loss in the first half as restructuring expenses, waning sales and the impact of US tariffs hit the struggling automaker. Car shipments fell 6% in the second quarter amid declines in North America and Europe. Stellantis shares fell 3.8% in Milan. The stock is down around 39% this year.- Covivio shares rise as much as 3.5%, the most in over three months, after the real estate investment trust raised its earnings outlook for the year. Analysts at Citi said the update supports its buy rating on the stock.See omnystudio.com/listener for privacy information.

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Deep Dive: US Airlines Sunday, July 20, 2025

United Airlines Holdings Inc. said the second half of the year has become more predictable and suggested it may be able to beat its earnings targets after customers resumed booking flights following a tumultuous start to 2025. The aviation industry has been whipsawed this year as consumers fret over the fallout from tariffs and inflation, and as disruptions at key airports like Newark Liberty International Airport near New York, a major United hub, deterred customers. Delta Air Lines Inc. said last week that travel in the US is recovering after approval of US President Donald Trump’s tax-cut and spending package and progress in tariff negotiations eased economic uncertainty. For more on the state of the US airline industry, Lisa Mateo and Paul Sweeney speak to Bloomberg Intelligence Senior Analyst George Ferguson.See omnystudio.com/listener for privacy information.

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Deep Dive: Big Bank Earnings Saturday, July 19, 2025

Wall Street banks were optimistic Donald Trump’s second term would unleash a dealmaking boom. Instead, it’s delivered a trading bonanza. First-half trading revenue at the five biggest lenders jumped $10 billion from last year to a record level, with tariffs and tax policy driving a surge of activity across equity, currency and bond markets. Investment-banking revenue, meanwhile, nudged up less than $1 billion, and is still almost 40% below the 2021 peak as that same volatility weighed on merger and IPO volumes. For more on earnings results from the world's biggest banks, Tim Stenovec and Katie Greifeld speak with Ken Leon, Director of Equity Research at CFRA.See omnystudio.com/listener for privacy information.

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Weekly Roundup: Palantir Gains, Citi Rises on Earnings, Centene Hits Low Friday, July 18, 2025

On this edition of Stock Movers, we take a look at some of the week's biggest gainers and decliners:- Palantir (PLTR) shares posted another solid week of gains and is among the best performers of the year so far. Earlier in the week, President Donald Trump unveiled a $70 billion in investments in artificial intelligence and energy in Pennsylvania and hosted an event in Pittsburgh. Palantir CEO Alex Karp was in attendance. - Citi (C) shares had a good week after delivering earnings. The bank's traders rode the tariff-induced volatility in markets to their best second quarter in five years, with revenue buoyed by record trading volumes in the quarter. Revenue from Citi’s fixed-income trading business soared 20% to $4.3 billion, beating the $3.9 billion predicted by analysts in a Bloomberg survey. Citigroup’s stock traders hauled in $1.6 billion, also surpassing expectations, aided by a surge in prime balances to record levels during the period.Centene (CNC) shares slid 11% this week. The healthcare company has been under pressure amid changing regulations at the federal level, and since President Donald Trump's sweeping tax and spending bill and its impact on Medicaid.See omnystudio.com/listener for privacy information.

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Closing Bell: Schwab Rises, Robinhood Higher on GENIUS Act, Humana Falls Friday, July 18, 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 Scarlet Fu, Vonnie Quinn, Tim Stenovec and Isabelle Lee.- Charles Schwab (SCHW) shares climbed after the company reported second-quarter earnings that topped estimates as client assets hit a new record and trading revenue increased. Schwab posted adjusted earnings per share of $1.14 while total client assets climbed 14% to $10.76 trillion compared to the same period last year, according to a statement. Revenue from client trades also jumped 23% to $952 million. “Retail investors and RIAs continued to turn to Schwab as a trusted partner, opening over 1 million new brokerage accounts,” said Chief Executive Officer Rick Wurster. Daily average revenue trades just narrowly topped analyst forecasts at 7.57 million in a quarter characterized by market turmoil from President Donald Trump’s tariff and policy changes. The firm attracted $73.6 billion in total net new assets, which was below analyst expectations.- Robinhood (HOOD) shares rose along with the broader crypto space as President Donald Trump signed key crypto legislation into law. The President signed the first federal bill to regulate stablecoins, hailing it as a “giant step to cement American dominance of global finance and crypto technology” and delivering a major victory for the digital asset industry. “The Genius Act creates a clear and simple regulatory framework to establish and unleash the immense promise of dollar-backed stablecoins,” Trump said Friday at a White House ceremony. “This could be perhaps the greatest revolution in financial technology since the birth of the internet itself.” The measure sets regulatory rules for US dollar-backed stablecoins, including a requirement for firms to hold dollar-for-dollar reserves in short-term government debt or similar products overseen by state or federal regulators. Advocates see it as allowing for the broader adoption of digital assets in finance.- Humana (HUM) shares fell after it lost a lawsuit seeking to reverse cuts to its Medicare bonus payments, a blow for the insurer that had hoped the court would restore billions in revenue. A Texas judge ruled in favor of a government motion to dismiss the case, allowing a downgrade of Humana’s Medicare quality ratings that’s set to squeeze the company’s profits in 2026. Humana shares dropped as much as 7.5%. The judge called Humana’s federal court claim “premature” because the company hadn’t exhausted all the administrative procedures over the decision. The lawsuit was dismissed “without prejudice,” which means Humana could file the court case again. “Plaintiffs can seek review, just not until the end of the administrative appeal process,” the judge wrote.See omnystudio.com/listener for privacy information.

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Netflix Lower, Lululemon Falls, 3M Climbs After Jeffries Note Friday, July 18, 2025

On this episode of Stock Movers:- Netflix (NFLX) shares are lower today. Netflix reported second-quarter results that exceeded investor expectations in every major metric, saying revenue grew to $11.1 billion and earnings jumped to $7.19 a share. The company also raised its forecast for full-year sales and profit margins. The second quarter is historically slow for Netflix, which typically adds more customers at the beginning and end of the year.- Lululemon (LULU) shares are lower today following a note from an analyst at Jefferies that said the company is facing slowing sales, fewer store visitors and waning demand for its iconic black leggings. Lululemon’s core black leggings, which are vital products that rarely are discounted, are piling up at outlet stores, the note said.- 3M (MMM) shares climb after the company raised its profit forecast and beat Wall Street’s estimates for the second quarter as Chief Executive Officer William Brown’s effort to reinvigorate the company gained momentum. Adjusted earnings will be $7.75 to $8 a share this year, including the expected impact of tariffs, the maker of Post-it notes and Ace bandages said. See omnystudio.com/listener for privacy information.

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Hess Arbitration Win; Potential Rail Deal; 3M Raising Forecasts Friday, July 18, 2025

On this episode of Stock Movers:- Hess (HES) and Chevron (CVX) are both higher as Hess Corp. won its arbitration battle with Exxon Mobil Corp., clearing the way for it to be bought by Chevron Corp. The decision is a major victory for Chevron, according to the text, ending a period of strategic limbo that hurt its stock. Exxon Mobil Corp. said it "disagree[s] with the ICC panel's interpretation but respect[s] the arbitration and dispute resolution process", according to a company statement.- Norfolk Southern (NSC) shares are higher as Union Pacific Corp. (UNP) is exploring an acquisition of Norfolk Southern Corp., according to people familiar with the matter. A deal would merge the No. 1 and No. 5 North American railroads by revenue, companies with a combined market value of almost $200 billion. Union Pacific Chief Executive Officer Jim Vena and Norfolk Southern's chief financial officer Jason Zampi have expressed support for a merger, with Vena saying he thinks it would be beneficial for the country and Zampi noting there would be a lot of benefit.- Netflix (NFLX) is lower despite its earnings beat. The streaming-video company reported second-quarter results that beat expectations and raised its full-year forecast. The stock has been a strong performer this year, up nearly 50% off an April low. JPMorgan wrote, While Netflix is executing well and boosted its forecast as expected, “the shares need a breather.”- 3M (MMM) is higher after it raised its profit forecast to $7.75 to $8 a share this year, including the expected impact of tariffs. The company's adjusted second-quarter earnings were $2.16 a share, better than analysts' average estimate of $2.01. Under Chief Executive Officer William Brown, 3M has put measures in place to mitigate tariffs, including shifting production and pricing changes.See omnystudio.com/listener for privacy information.

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Chevron Legal Win; Netflix Lower after Beat; Talen Energy Pops Friday, July 18, 2025

On this episode of Stock Movers:- Hess (HES) and Chevron (CVX) are both higher as Hess Corp. won its arbitration battle with Exxon Mobil Corp., clearing the way for it to be bought by Chevron Corp. The decision is a major victory for Chevron, according to the text, ending a period of strategic limbo that hurt its stock. Exxon Mobil Corp. said it "disagree[s] with the ICC panel's interpretation but respect[s] the arbitration and dispute resolution process", according to a company statement.- Netflix (NFLX) is lower despite its earnings beat. The streaming-video company reported second-quarter results that beat expectations and raised its full-year forecast. The stock has been a strong performer this year, up nearly 50% off an April low. JPMorgan wrote, While Netflix is executing well and boosted its forecast as expected, “the shares need a breather.”- Talen Energy (TLN) is higher as it's buying Caithness Energy's Moxie Freedom Energy Center in Pennsylvania and Caithness and BlackRock's Guernsey Power Station in Ohio for $3.8 billion. Chief Executive Officer Mac McFarland said the plants are "the closest thing to adding another nuclear plant to our portfolio" and that buying them was the fastest and cheapest way to help meet AI needs through this decade.- 3M (MMM) is higher after it raised its profit forecast to $7.75 to $8 a share this year, including the expected impact of tariffs. The company's adjusted second-quarter earnings were $2.16 a share, better than analysts' average estimate of $2.01. Under Chief Executive Officer William Brown, 3M has put measures in place to mitigate tariffs, including shifting production and pricing changes.See omnystudio.com/listener for privacy information.

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Burberry Surprises, Salzgitter Slumps, Saab Soar Friday, July 18, 2025

On this episode of Stock Movers:Burberry’s sales fell less than expected, as the UK fashion brand begins to deliver on its turnaround plan under Chief Executive Officer Joshua Schulman.Salzgitter slumps as much as 13%, the most since September 2022, after the steelmaker revealed second-quarter Ebitda that came in significantly below consensus expectations. The firm said there is little sign of any real recovery over the second half of the year, and slashed its full-year guidance.Saab shares soar as much as 13% to hit an all-time high after the defense technology business posted sales above expectations in the second quarter and raised its growth outlook for the full year. The upbeat outlook is also helping to boost other defense names, according to Jefferies.See omnystudio.com/listener for privacy information.

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Lucid Soars On Uber Partnership, Steve Madden Upgrade, United Airlines Climbs Thursday, July 17, 2025

On this episode of Stock Movers:- Lucid (LCID) shares soared today as the electric vehicle start up plans to partner with Uber Technologies (UBER) and self-driving tech startup Nuro Inc. to launch a robotaxi fleet. Uber announced Thursday it or its third-party partners will purchase and operate Lucid Gravity SUVs outfitted with Nuro Driver technology on its ride-sharing network. The company aims to launch the first vehicle later in 2026 in an unidentified major US city, with plans to deploy at least 20,000 of the robotaxis over six years.- Steve Madden (SHOO) shares rose today after Citi upgraded the stock to buy from neutral, saying the footwear maker’s margins are bottoming as fashion trends turn more favorable. “We believe 2Q EPS will mark the low point for SHOO’s margins as they navigate significant tariff pressure this year,” analyst Paul Lejuez writes in a note.- United Airlines (UAL) shares are flying after CEO Scott Kirby said there was a turning point at the end of June as business travel rebounded. Kirby also said the company likes to keep its outlook conservative.See omnystudio.com/listener for privacy information.