Stock Movers

On this episode of Stock Movers:

- Jeans and apparel maker Levi Strauss (LEVI) reported better-than-expected revenue and earnings and raised its fiscal year guidance. For the fiscal first quarter ended March 1, the denim giant reported adjusted earnings of 42 cents a share, up from 38 cents a share in the year-ago first quarter, and revenue of $1.74 billion, up 14%. Levi's stock is down 5% year to date through Tuesday's close, but up nearly 59% over the past 12 months.

- A large fire at a Kimberly-Clark distribution center in Ontario, California, will add “uncertainty” and likely “disruptions” to the company’s operations, according to Piper Sandler analyst Michael Lavery. The stock fell 4.1% on Tuesday, the most since March 3, and was the worst performer in the S&P 1500 Household and Personal Products Index

- Broadcom shares rise 3.0% on Tuesday after the chipmaker announced a long-term agreement with Google to develop and supply Tensor Processing Units. The companies also confirmed plans to work with Anthropic to power the AI startup’s burgeoning operations.
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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.

- UnitedHealth Group (UNH) Humana (HUM) and other insurers that provide private Medicare Advantage plans for older Americans rose after the US agreed to boost 2027 payments by 2.48%, more than its initial proposal and a respite for an industry squeezed by federal cost-cutting efforts. Industry leader UnitedHealth’s stock jumped as much as 10%, the most intraday since August. Humana advanced as much as 11%, while CVS Health Corp. gained as much as 6.9%.

- Broadcom shares rise 3.0% on Tuesday after the chipmaker announced a long-term agreement with Google to develop and supply Tensor Processing Units. The companies also confirmed plans to work with Anthropic to power the AI startup’s burgeoning operations.

- Apple (AAPL) shares are down 3.4% on Tuesday, after Nikkei Asia reported that the company is seeing setbacks in the engineering test phase of the foldable iPhone and that it could push back its production and shipment schedule. The report cited unidentified people.
See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- UnitedHealth Group (UNH) Humana (HUM) and other insurers that provide private Medicare Advantage plans for older Americans rose after the US agreed to boost 2027 payments by 2.48%, more than its initial proposal and a respite for an industry squeezed by federal cost-cutting efforts. Industry leader UnitedHealth’s stock jumped as much as 10%, the most intraday since August. Humana advanced as much as 11%, while CVS Health Corp. gained as much as 6.9%.

- Shares of Paramount Skydance (PSKY) climb as much as 13%, the most intraday since Feb. 27, after the entertainment company said it has entered into equity syndication agreements with Gulf funds to support its acquisition of Warner Bros. Discovery.

- Delta Air Lines on Wednesday is slated to be the first US airline to report quarterly earnings since the war in Iran led jet fuel costs to spike, a potential threat to strong demand and bookings. Some analysts expect Delta to recapture earnings growth in 2026 given the Atlanta-based carrier has so far shown more resilience than peers in the face of higher fuels costs. Shares fell 1.7%
See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Broadcom (AVGO) shares rose on Tuesday after the chipmaker announced a long-term agreement with Google to develop and supply Tensor Processing Units.
- Amazon (AMZN) shares gain after the company reached a new agreement with the US Postal Service, providing a lifeline to the agency and securing delivery for customers in rural America. Amazon will retain about 80% of its existing deliveries with USPS, or more than 1 billion packages per year, according to a person familiar with the matter.
- Apple (AAPL) shares slump after Nikkei Asia reported that the company is seeing setbacks in the engineering test phase of the foldable iPhone and that it could push back its production and shipment schedule. The report cited unidentified people.
See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- ASML (ASML) shares fell as much as 4.7% on Tuesday after US lawmakers unveiled legislation aimed at tightening restrictions on chip tool exports to China.
- Universal Music Group (UMG) shares rose as much as 24% in Amsterdam, but traded well below the value of an offer from Pershing Square Capital Management amid doubt over whether the deal will happen.
- Broadcom (AVGO) shares rose on Tuesday after the chipmaker announced a long-term agreement with Google to develop and supply Tensor Processing Units.
See omnystudio.com/listener for privacy information.