Stock Movers

• Juventus's Crypto Bid, Sanofi Setbacks, TT Electronics Falls

  On this episode of Stock Movers:- Juventus Football Club SpA shares rose the most this year after the Agnellis family’s investment vehicle Exor NV rejected an unsolicited bid by Tether Holdings to acquire the Italian football club.- Sanofi’s experimental multiple sclerosis drug got hit with two setbacks on Monday: a regulatory delay in the US as well as a failure in a late-stage clinical trial. - TT Electronics plunges as much as 22%, the most since April, after DBAY Advisors said it does not plan to make a takeover offer for the London-listed maker of engineered electronics.See omnystudio.com/listener for privacy information.

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• Rheinmetall Falls, Stellantis Rises, Argenx Down Nearly 10%

  On this episode of Stock Movers:- Shares in Europe’s defense companies including Rheinmetall are falling Monday amid ongoing Ukraine peace talk meetings and after President Volodymyr Zelenskiy said he could accept security guarantees from the US and Europe instead of NATO membership.- Stellantis is among some of Europe’s embattled automakers set to get a breather as they struggle with the transition to emission-free driving, a critical moment that will shape the future of the continent’s transport sector. - Argenx shares fell as much as 9.7%, the most in more than seven months, after the biotechnology company said its late-stage studies evaluating efgartigimod in adults with moderate to severe thyroid eye disease will be discontinued.See omnystudio.com/listener for privacy information.

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• Weekly Roundup: Oracle Disappoints, Warner Bros Higher, Carvana Rises Ahead of S&P Entry

  On this episode of Stock Movers: - Oracle (ORCL) closed 4.47% lower today and fell 12.7% this week. Shares slipped after earnings disappointed investors, and Bloomberg reported that some of the company's data centers being built for OpenAI will now be completed in 2028 instead of 2027. The delays stem from shortages of labor and materials, fueling doubts about execution, according to Bloomberg. - Warner Bros Discovery (WBD) rose by 15% this week, closing at a record high today. Paramount Skydance is attempting to buy the company in a hostile takeover, while Netflix is also making a bid. - Carvana (CVNA) is higher by 13.99% this week. The online used-car dealer will make an entry into the S&P 500 Index this month.See omnystudio.com/listener for privacy information.

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• Closing Bell: Lululemon Gains on CEO Stepping Down, Cannabis Stocks Rise, Oracle Lower

  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, Tim Stenovec and Carol Massar. On this episode of Stock Movers: - Lululemon (LULU) shares finished the day 9.6% higher after the yoga-wear retailer said its CEO Calvin McDonald will step down after a seven-year stint, signaling a potential strategy change after sales struggled and the stock fell more than 60% from a 2023 peak. - Canopy Growth (CGC) was up 53% today. Stocks of cannabis producers soared as President Donald Trump is expected to direct his administration to move to reclassify marijuana as a less dangerous drug. - Oracle (ORCL) closed 4.47% lower. Shares slipped after Bloomberg reported that some of the company's data centers being built for OpenAI will now be completed in 2028 instead of 2027. The delays stem from shortages of labor and materials, fueling doubts about execution, according to Bloomberg.See omnystudio.com/listener for privacy information.

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• Oracle Slips, Broadcom Plunges, Lulu Jumps on CEO Change

  On this episode of Stock Movers: - Oracle (ORCL) shares slipped after Bloomberg reported that some of the company's data centers being built for OpenAI will now be completed in 2028 instead of 2027. The delays stem from shortages of labor and materials, fueling doubts about execution, according to Bloomberg. - Broadcom (AVGO) shares fall as much as 9.3%, the most intraday since April 10, as investors scrutinize the chipmaker’s $73b of AI backlog to be delivered in the next 18 months. That figure fell short of more bullish expectations, but the company said it was a “minimum” number as orders will be topped up over time. - Lululemon (LULU) shares jump as much as 14% on Friday, the most intraday in more than eight months, after the yoga-wear retailer said its CEO Calvin McDonald will step down after a seven-year stint, signaling a potential strategy change after sales struggled and the stock fell more than 60% from a 2023 peak.See omnystudio.com/listener for privacy information.

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