Stock Movers

On this episode of Stock Movers:- Jefferies Financial Group Inc. posted a drop in quarterly profit due to a $30 million pre-tax loss tied to the collapse of auto-parts supplier First Brands Group. Net earnings for the fiscal fourth quarter declined 7.2% from a year earlier to $191 million, despite a comeback in dealmaking and trading activity.- AbbVie Inc. said it’s not in talks to acquire the cancer-focused biotech company Revolution Medicines. Revolution’s shares fell 12% after markets closed in New York, after surging 32% following the Wall Street Journal report that cited people familiar with the talks. A representative for Revolution declined to comment.- President Trump says Raytheon (RTX) has been the “least responsive” to the needs of the Department of Defense. Shares of RTX as well as rival defense firms Northrop Grumman Corp., Lockheed Martin Corp. and General Dynamics Corp. declined during regular trading after Trump’s earlier comments.See omnystudio.com/listener for privacy information.

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, Katie Greifeld, Carol Massar and Tim Stenovec.- Intel (INTC) shares climb as much as 11% on Wednesday, to hit its highest level since April 2024, as the chipmaker extends gains for a second quarter. The stock, which recorded its biggest intraday jump since September, is the biggest percentage gainer in the S&P 500 Index- Blackstone (BX) falls as much as 9.3% after US President Donald Trump said he was “immediately taking steps to ban large institutional investors from buying more single-family homes.” Home rental company American Homes 4 Rent (AMH) falls 6.3% and Invitation Homes (INVH) drops 6.2%.- President Donald Trump pledged to block dividends, stock buybacks and "Over Compensation of Executives" of defense companies until they speed up production and maintenance of military equipment. Shares of defense contractors such as Lockheed Martin (LMT) and Northrop Grumman (NOC) dropped after Trump's announcement, with Lockheed's stock closing down 4.8% and Northrop shedding 5.5%.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Shares in Michael Saylor’s Strategy Inc. climbed as much as 6.1% on Wednesday after MSCI decided for now to keep digital asset treasury companies in its stock market indexes. - Shares of Blackstone (BX) and other housing-related companies fell after President Donald Trump said he would move to ban institutional investors from buying single-family homes. Trump said he was "immediately taking steps to ban large institutional investors from buying more single-family homes" in a push toward promoting housing affordability. The S&P 1500 Homebuilding Index slid as much as 2.3%, with 15 of 18 members trading lower, after Trump's announcement.- Lockheed Martin quickly erases gains and falls as much as 2.3% after President Donald Trump says he will not “permit Dividends or Stock Buybacks for Defense Companies,” until problems are rectified including pay, production of equipment, plants.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Gold Miners ETF (GDX) shares drop. Gold stocks are down as as traders looked beyond heightened geopolitical tensions to US economic data releases due this week. Platinum slid amid a retreat in precious metals.- First Solar (FSLR) shares fall after Jefferies cut its recommendation to hold from buy on concerns over tariffs and its valuation. Analyst Julien Dumoulin-Smith sees a cautious 2026 outlook for First Solar due to limited booking visibility and lower than expected tailwinds from Section 232 tariffs as international facilities remain a pain point- Mobileye (MBLY) shares jump after news the company is acquiring Israeli startup Mentee Robotics in a cash-and-stock deal valued at $900 million to expand its robotics capabilities.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Valero Energy (VLO) shares rise after news that the company is expecting to increase gasoline imports to the San Francisco Bay Area, as the company moves forward with plans to close a refinery in the region but stops short of fully exiting Northern California for now.- Newmont (NEM) shares drop after the world’s top gold producer cut first-quarter output expectations because a wildfire damaged infrastructure at a key mine in Western Australia.- Mobileye (MBLY) shares jump after news the company is acquiring Israeli startup Mentee Robotics in a cash-and-stock deal valued at $900 million to expand its robotics capabilities.See omnystudio.com/listener for privacy information.