Stock Movers

Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:

- Levi Strauss (LEVI) posted the slowest growth in its direct-to-consumer channels since late 2022, in part due to a marketing misstep. Revenue generated from Levi's own stores and website grew 2% in the third quarter, with the company raising its full-year earnings outlook. The company expects direct-to-consumer growth for the current quarter to increase by a mid-single digit after changing its marketing to focus on low-rise jeans.

- Webull (BULL) shares fell as much as 24%, the most since April 2025, after CNBC reported that the US House Select Committee on China is set to release a report on Wednesday that Webull is tied structurally to China’s government, raising national security concerns.

- Wolfspeed (WOLF) today announced it has received a conditional loan commitment letter from the U.S. Department of War through its Office of Strategic Capital, for up to $1.5 billion of long-term financing to support the domestic development and production of silicon carbide materials and wide bandgap power devices, with an additional focus on U.S. national security applications. Wolfspeed would be required to issue to the Defense Department VWAP-based warrants to purchase, in the aggregate, up to 7.5% of Wolfspeed’s fully diluted equity, company says. Stock gains 27% in post-market trading
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Today's biggest winners and losers in the stock market.
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, Jess Menton, Carol Massar and Lisa Mateo

- Micron Technology (MU) shares are up 3.1% on Wednesday, after D.A. Davidson raised its price target on the memory chipmaker to a Street-high view of $3,000, seeing long-term tailwinds related to AI. Analyst Gil Luria recently met with Micron’s management team, and “concluded that investors are early in their journey of understanding MU’s value and believe that journey will lead them to assigning a far higher multiple”

- Webull (BULL) shares fell as much as 24%, the most since April 2025, after CNBC reported that the US House Select Committee on China is set to release a report on Wednesday that Webull is tied structurally to China’s government, raising national security concerns.

- A measure of SpaceX’s (SPCX) credit risk surged to a fresh high and the company’s bonds weakened in the secondary market on Wednesday, following reports the company is in talks with banks and investors to raise $40 billion to buy chips from Nvidia Corp. The price of five-year credit default swaps on the company’s debt rose as much as 0.167 percentage point to around 197.6 basis points a year, according to ICE Data Services, which is the highest intraday level since the swaps started actively trading in June. SpaceX is looking to raise $40 billion in what would be among the biggest-ever debt financings for the AI buildout, with the company’s fundraising discussions in an early stage and could end without a deal being completed, according to people familiar with the matter.
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:

- A measure of SpaceX’s (SPCX) credit risk surged to a fresh high and the company’s bonds weakened in the secondary market on Wednesday, following reports the company is in talks with banks and investors to raise $40 billion to buy chips from Nvidia Corp. The price of five-year credit default swaps on the company’s debt rose as much as 0.167 percentage point to around 197.6 basis points a year, according to ICE Data Services, which is the highest intraday level since the swaps started actively trading in June. SpaceX is looking to raise $40 billion in what would be among the biggest-ever debt financings for the AI buildout, with the company’s fundraising discussions in an early stage and could end without a deal being completed, according to people familiar with the matter.

- Ford (F) shares fall 1.5% Wednesday, and General Motors stock drops 0.8% as UBS analyst Joseph Spak lowered his price target on the carmakers. Spak said he expects Ford to report in-line results for the third quarter “We had seen a larger beat in the quarter but incorporated the impact from F-150 production downtime owing to a supplier disruption,” he said

- Micron Technology (MU) shares are up 3.1% on Wednesday, after D.A. Davidson raised its price target on the memory chipmaker to a Street-high view of $3,000, seeing long-term tailwinds related to AI. Analyst Gil Luria recently met with Micron’s management team, and “concluded that investors are early in their journey of understanding MU’s value and believe that journey will lead them to assigning a far higher multiple”
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On this episode of Stock Movers:
- JetBlue (JBLU) shares are mixed. JetBlue Airways Corp. won approval from the US Federal Aviation Administration to take over Spirit Airlines’ takeoff and landing slots at New York’s LaGuardia Airport. The regulator granted the transfer on the condition that JetBlue cannot lease or trade any of the 22 slots to another carrier until after April 2028, according to a notice released Tuesday.
- Arlo Technologies (ARLO) shares drop. Shares of makers of smart doorbells, locks and thermostats are falling as Apple is said to be getting into smart home devices developed through an unusual partnership with LG Electronics.
- Penguin Solutions (PENG) shares rise. The company reported EPS and sales above estimates. Trading volume was 34 times the average for this time of day.
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On this episode of Stock Movers:
- Webull (BULL) shares sink as much as 24%, the most since April 2025, after CNBC reported that the US House Select Committee on China is set to release a report on Wednesday that Webull is tied structurally to the government in China, raising national security concerns.
- SpaceX (SPCX) shares fall. SpaceX is seeking to raise $40 billion in a financing effort led by Apollo Global Management to purchase Nvidia chips, the Financial Times reports, citing unidentified people familiar with the matter. SpaceX is seeking to raise about $10b in bank loans and $30b in investment-grade debt to fund the chip order.
- Constellation Brands (STZ) shares slide. The maker of Modelo Especial and Corona Extra reaffirmed its comparable earnings per share forecast for the full year. The company also announced the acquisition of SpikedAde, a vodka-based drink brand.
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