Stock Movers

On this episode of Stock Movers:

- Rocket Lab (RKLB) shares drop. Rocket Lab shares plunged after the company delayed the debut of its Neutron rocket, pushing the vehicle’s first flight to 2027.

- Dell (DELL) shares plunge. Barclays downgraded Dell, HPE, and NetApp on concerns that enterprise AI adoption is lagging.

- Kimberly-Clark (KMB) shares are up after the personal care products company reported preliminary adjusted earnings per share for the third quarter that beat the average analyst estimate. The maker of Scott toilet paper and Huggies diapers said it will issue quarterly results on Nov. 5.
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On this episode of Stock Movers:

- CoreWeave (CRWV) shares fall. CoreWeave Inc.'s co-founder said the company's goal is to get an investment-grade credit rating and gain the privilege of borrowing "unlimited" pools of money. The comments sent global markets into a tailspin, with CoreWeave shares dropping 6% in premarket trading on Thursday and its debt due in 2032 being quoted at about 78 cents on the dollar.

- Dell (DELL) shares plunge. Barclays downgraded Dell, HPE, and NetApp on concerns that enterprise AI adoption is lagging.

- Bank of NY Mellon (BNY) gains. The firm posted profit that beat estimates as the firm got a boost from higher rates. Diluted earnings per share in the third quarter were $2.34, a 24% jump from the same period a year earlier, according to a Thursday statement. That came in above the $2.27 estimate from analysts surveyed by Bloomberg.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- CoreWeave (CRWV) shares are continuing their slide amid a major issue with their debt. CoreWeave's debt has weakened in recent months, with credit-default swaps pricing in a more than 50% chance of default within the next five years, and the company's bonds now yield 15% — a level that is practically unheard of in the primary market for new debt.
- Taiwan Semiconductor Manufacturing (TSMC) shares are moving after it delivered a better-than-expected revenue outlook, projecting sales of as much as $54.3 billion in the December quarter. Still, the company's upbeat projection failed to stem a global tech stock rout.
- RocketLab (RKLB) is falling as it delayed the debut of its Neutron rocket, pushing the vehicle’s first flight to 2027. CEO Peter Beck said the company won’t rush to the pad with unnecessary risk, and that development programs like Neutron have their challenges.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- BNY (BNY) shares are reacting to earnings this morning. It posted profit that beat estimates as the firm got a boost from higher rates.
- Taiwan Semiconductor Manufacturing (TSMC) shares are moving after it delivered a better-than-expected revenue outlook, projecting sales of as much as $54.3 billion in the December quarter. Still, the company's upbeat projection failed to stem a global tech stock rout.
- SpaceX (SPCX) is responding to news that a Tesla-SpaceX merger has become widely expected by market participants, according to analysts at Barclays, who say an announcement could possibly come before Tesla’s annual general meeting (AGM).
- RocketLab (RKLB) is falling as it delayed the debut of its Neutron rocket, pushing the vehicle’s first flight to 2027. CEO Peter Beck said the company won’t rush to the pad with unnecessary risk, and that development programs like Neutron have their challenges.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Ericsson shares surge as much as 11%, the most since January, after the 5G gear maker reported sales and profits ahead of expectations, driven by its core networks business and projects in Japan and India. 4Q gross margin guidance was seen as strong by analysts, even though the firm said component costs will pressure margins next year.
- Pernod Ricard shares gain as much as 3.6% after analysts broadly welcomed the beverage maker’s first-quarter results, noting improved momentum in the US and China and signs the quarter marked a low-point for the company.
- Entain slides as much as 3.4% after posting softer online net gaming revenue growth due to unfavorable sports results in Italy and a provisional ban on online gambling in Brazil. The company reiterated that it expects annual underlying Ebitda to hit the lower-end of its guidance range for the year.
See omnystudio.com/listener for privacy information.