Stock Movers

On this episode of Stock Movers:
- Morgan Stanley (MS) shares rise. Morgan Stanley's stock traders had a record-breaking first quarter, with $5.15 billion from equity trading in the first three months of the year. The firm's wealth business pulled in $118.4 billion in net new assets, and investment-banking fees climbed 36% in the quarter to $2.12 billion.
- Robinhood (HOOD) shares soar. Exchange stocks are rising after the US Securities and Exchange Commission approved a plan to remove $25,000 minimum equity requirements for day traders.
- Allbirds (BIRD) shares surge. Allbirds Inc. announced a new business plan, AI computing infrastructure, just before it planned to close down for good. The company's stock went up as much as 461% after the opening bell in reaction to the announcement.
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On this episode of Stock Movers:
- Bank of America (BAC) shares gain. Bank of America Corp.’s stock-trading desk set a record, riding a wave of volatility that helped push the bank’s earnings to the highest in nearly two decades. Revenue from equity trading climbed 30% to $2.8 billion in the first quarter, while fixed-income trading rose less than 1% to $3.5 billion.
- Broadcom (AVGO) shares rise. The chipmaker expanded its partnership with Meta to support the technology giant's AI compute infrastructure.
- Hermes ADRS fall. Hermès shares tumbled as much as 14% as the disruption from the conflict in the Middle East dented the Birkin bag maker’s sales growth, showing that even the luxury goods industry’s most-resilient player is feeling the effects.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Snap (SNAP) is laying off roughly 1,000 full-time employees, or 16% of its global workforce, as part of an effort by Chief Executive Officer Evan Spiegel to reduce costs and achieve profitability.
- Broadcom (AVGO) shares rise after the technology company expanded its partnership with Meta to deploy AI infrastructure. Shares in the Facebook parent edge higher, up 0.3%.
- Exchange stocks are rising in premarket trading after the US Securities and Exchange Commission approved a plan to remove $25,000 minimum equity requirements for day traders.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Bank of America (BAC) traders pulled in the business’s highest quarterly revenue in more than a decade, riding a wave of volatility that pushed the firm’s stock-trading desk to an all-time record.Revenue from equity trading climbed 30% to $2.8 billion in the first quarter — beating expectations — while fixed-income trading, which fell short of a consensus of analyst estimates, rose less than 1% to $3.5 billion, the company said in a statement Wednesday. The total trading haul helped push adjusted earnings to $1.11 a share, surpassing a $1.01 average of analysts’ estimates.
- Hermès shares tumbled as much as 14% as the disruption from the conflict in the Middle East dented the Birkin bag maker’s sales growth, showing that even the luxury goods industry’s most-resilient player is feeling the effects.
- Broadcom(AVGO) shares rise after the technology company expanded its partnership with Meta to deploy AI infrastructure. Shares in the Facebook parent edge higher, up 0.3%.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Hermès shares tumbled the most on record after the Birkin bag maker’s sales growth slowed, hit by the disruption from the conflict in the Middle East like many of its peers in the luxury goods industry.
- Standard Life agreed to buy the UK arm of Dutch insurer Aegon Ltd. for £2 billion ($2.7 billion) as the savings firm looks to grab a bigger slice of Britain’s pensions market.
- ASML’s raised full-year sales guidance confirms strong demand from chipmakers, but that has been anticipated by many investors ahead of the report, analysts said. Some see the assurance that at least 80 low-NA EUV tools expected to be delivered next year as a positive, though Barclays noted that some bullish estimates are even higher. The stock trades sideways at the open.
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