Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:

- Gan & Lee Pharmaceuticals shares rise alongside other Chinese weight loss-related stocks after the company signed an exclusive licensing deal with A. Menarini International to commercialize its obesity drug across 39 European markets.

- Yangzijiang Shipbuilding shares rise alongside other Singapore stocks as the city state upgraded its 2026 economic growth forecast.

- Samsung shares climb as much as 5.7% on expectations of a massive shareholder return package, which follow a boost in sentiment after the release of strong 10-day exports data.
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Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:

- Rocket Lab shares fell after it signaled a potential new delay with its Neutron rocket, raising the prospect that the vehicle won’t fly until 2027. The company stopped short of saying that the Neutron vehicle would fly this year, citing "risk and uncertainty remains in the complex development cycle". Rocket Lab reported record quarterly revenue but a loss that was a penny worse than Wall Street forecasted, with shares falling about 2% in US postmarket trading.

- Hims & Hers (HIMS) shares are down 2.9% after the telehealth firm reduced the top end of its adjusted Ebitda forecast for the full year.

- Nvidia (NVDA) announced partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to establish independent compute financing platforms mobilizing over $500b of third-party capital for AI infrastructure buildout
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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 David Gura, Isabelle Lee, Norah Mulinda and Tim Stenovec

- MarineMax (HZO) shares surge as much as 46%, the most intraday since November 2008, after agreeing to be acquired by Safe Harbor Marinas, a Blackstone Infrastructure portfolio company, for $53.00 per share in an all-cash deal, and representing an enterprise value of approximately $1.5 billion.

- Archer (ACHR) rises as much as 23%, the most since May 2025 after Boeing announced it will sell several units to Archer Aviation Inc., including Wisk, SkyGrid and Insitu, which specialize in developing technologies for flying taxis and drones. As part of the deal, Boeing will take an almost 20% stake in Archer and enter into a technology-sharing arrangement to retain access to the Wisk core autonomous flight technology.

- Apple (AAPL) was downgraded to an underperform rating at Jefferies due to concerns about the outlook for the company's iPhone. Analyst Edison Lee wrote that introducing new form factors in the iPhone to drive higher average selling prices is more difficult than expected, citing the cancellation of the 20th anniversary all-glass iPhone model. The consensus recommendation for Apple stands at 3.88 out of five, the lowest since 2019, with fewer than 60% of analysts recommending buying the stock.
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Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:

- Berkshire Hathaway’s (BRK/A/B) shares rise as much as 3%, to the highest intraday since May 2025, after the conglomerate said it spent about $4.5 billion to buy back its own stock in the second quarter. Gains in the manufacturing, service and retailing division also helped lift operating earnings over the period.

- Monday.com (MNDY) shares are down 8.2% after the software company gave a third-quarter revenue forecast that is weaker than expected.

- Tenax Therapeutics (TENX) shares plummet 89% after the pharmaceutical company reported that TNX-103 (oral levosimendan) failed to meet its primary endpoint of improving 6-minute walk distance versus placebo in the Phase 3 LEVEL trial in PH-HFpEF patients.
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On this episode of Stock Movers:
- Intel (INTC) shares drop. Intel said it will be offering $15 billion in common stock, taking advantage of renewed interest in its business prospects during the artificial intelligence data center boom. The money will be used for general corporate purposes, Intel said in a statement on Monday.
- EBay (EBay) shares drop. GameStop Corp. is considering withdrawing its $56 billion bid for eBay Inc. and may propose a partnership or joint venture instead. A partnership could enable eBay to leverage GameStop's US retail locations and increase market share in categories such as trading cards and collectibles.
- Akamai Technologies Inc. shares rise. Susquehanna Financial cut the target on Akamai Technologies Inc. to $140 from $175 but maintained a positive rating. Akamai reported earnings and sales that topped estimates for the quarter on Aug. 6.
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