Stock Movers

Today's biggest winners and losers in the stock market, a look at the notable movers for the week:

On this episode of Stock Movers:
- Chewy (CHWY) shares are down as much as 8.8% on Tuesday, hitting their lowest intraday level since May 2024, after the online pet retailer presented at the JPMorgan Technology, Media & Communications Conference. The company provided some cautious commentary during the event, saying that it’s seeing a more “stretched” consumer now than it did at the beginning of the year.

- DoorDash (DASH) shares extend drop to as much as 4.9% after Business Insider X post that Walmart’s Spark service now includes delivering food from in-store restaurants like McDonald’s.

-Relay Therapeutics (RLAY) shares rise 13% in premarket trading after the drug developer gave initial clinical data from a mid-stage trial to treat vascular anomalies. TD Cowen calls the data “best case scenario.”
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On this episode of Stock Movers:
- Home Depot (HD) shares fall. Sales at Home Depot locations open at least a year rose 0.6% during the three months ended May 3, slightly below analysts' estimates. Home Depot's business has been hit by elevated interest rates and high housing prices, leading Americans to take on smaller projects instead of extensive remodels.
- Amer Sports (AS) shares rise. Amer Sports Inc. said consumers prioritizing their health and looking for premium products are sustaining demand through an unfavorable economic climate. The company raised its full-year guidance after first-quarter results beat estimates, and now expects revenue to grow to a certain range in 2026.
- Hyperliquid Strategies (PURR) shares rise as the Securities and Exchange Commission is said to ready plans for trading crypto versions of stocks. The US SEC is expected to release its so-called innovation exemption for tokenized stocks as soon as this week, creating a new framework for betting on the fortunes of publicly traded companies, according to people familiar with the matter.
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On this episode of Stock Movers:
- Home Depot (HD) shares fall. Sales at Home Depot locations open at least a year rose 0.6% during the three months ended May 3, slightly below analysts' estimates. Home Depot's business has been hit by elevated interest rates and high housing prices, leading Americans to take on smaller projects instead of extensive remodels.
- Micron (MU) shares fall. This was due to supply and capacity concerns tied to rising artificial intelligence demand. Seagate Technology Holdings Plc and Western Digital Corp. stocks also declined in premarket trading after sharp selloffs in the previous session, amid concerns about the industry's ability to meet surging AI-driven demand.
- ServiceNow (NOW) shares rise. European software shares surged as investors turned toward more underloved technology stocks, with a sector gauge climbing 4.1% in afternoon European trade. Software stocks also gained in U.S. premarket trade, with companies such as Adobe, Salesforce, and ServiceNow rising, after markets had grown cold on software stocks so far this year.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Shares of CoreWeave (CRWV) and other neocloud companies slump premarket after Alphabet agreed to create an artificial intelligence cloud business with Blackstone. Google agreed to create an AI cloud business with Blackstone.
- Meta (META) shares are moving as it's reassigning workers to new jobs related to artificial intelligence as part of a broad corporate restructuring. The new corporate structure will be "flatter" and mean "smaller teams", according to Chief People Officer Janelle Gale.
- Home Depot (HD) shares are moving in the premarket after sales at Home Depot locations open at least a year rose 0.6% during the three months ended May 3, slightly below the average of analysts’ estimates. Home Depot’s business has been hit by elevated interest rates and high housing prices, which have sparked a pullback in home purchases and upgrade projects.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Home Depot (HD) are actually higher in the premarket after sales at Home Depot locations open at least a year rose 0.6% during the three months ended May 3, slightly below the average of analysts’ estimates. Home Depot’s business has been hit by elevated interest rates and high housing prices, which have sparked a pullback in home purchases and upgrade projects.
- Blackstone (BX) and Alphabet (GOOG) are higher on news the firms agreed to create an artificial intelligence cloud business. The project will rely on an initial $5 billion in equity capital from Blackstone, which will become the majority owner. The new business will compete with companies like CoreWeave Inc. in a burgeoning market and will run Google's homegrown AI chips called tensor processing units, or TPUs.
- Agilysys (AGYS) shares are climbing double digits in trading before regular market hours. The company reported EPS and sales above estimates.
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