Stock Movers

On this episode of Stock Movers:
- RUM Group (RUM) rises 28% in trading before regular market hours. The Information reports that Anthropic has struck a $13.7 billion compute pact with the firm. Rum Group had disclosed a major contract worth $13.7 billion in an August securities filing but did not name the customer, the Information reported.
- ServiceNow (NOW) shares rise. Shares of software companies, especially those seen as being at risk from AI disruption are rising after AI leaders called for a slower pace of development of their most advanced models.
- Baldwin Insurance (BWIN) shares gain. Michael Dell’s family office and Sequence Holdings acquired Baldwin Insurance Group Inc. in an all-cash deal valued at $7.7 billion. DFO Management and Sequence will form an entity that holds a majority stake in Baldwin, while certain Baldwin employees will retain a minority stake.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Baldwin (BWIN) shares are moving as Michael Dell’s family office and Sequence Holdings teamed up to acquire Baldwin Insurance Group Inc. in an all-cash deal valued at $7.7 billion.
- SpaceX (SPCX) shares are moving after the Chief Executive Elon Musk said Sunday on social media platform X that he is "highly confident" the company will launch Nvidia's (NVDA) Vera Rubin NLV72 artificial intelligence computers in space next year.
- Oracle (ORCL) shares are lower as Chairman Larry Ellison canceled his plan to sell as many as 50 million shares in the tech company, a holding worth $7.5 billion.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Micron (M) shares along with other memory stocks like Sandisk, neoclouds Nebius and Coreweave, and chip makers Nvidia, AMD, and Intel are all moving after concerns of an AI development slowdown came to a head this weekend. Potential beneficiaries of the changing AI trade could be the software sector.
- Oracle (ORCL) shares are lower as Chairman Larry Ellison canceled his plan to sell as many as 50 million shares in the tech company, a holding worth $7.5 billion.
- Rum Group (RUM), formerly known as Rumble, is rallying as much as 28% in premarket trading on Monday after the Information reports that Anthropic has struck a $13.7 billion compute pact with the firm.
- Johnson & Johnson (JNJ) shares are moving on news Apollo is in discussions to acquire the Johnson & Johnson orthopedics unit, known as DePuy Synthes. Apollo is in talks to value the unit at close to $20 billion, and an agreement could be reached within several weeks.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Chipmakers and other artificial intelligence-related firms slide, weighing on US stock futures, as leaders of some of the biggest AI companies called for a slower pace of development of their most advanced and lucrative models.
- IAG and other airline stocks are dipping as airfares are poised to stay elevated for longer after oil prices rise, dashing hopes of travelers expecting lower ticket prices over the Christmas holiday period.
- Cerillion shares drop as much as 21%, the most on record, after the billings software provider said full-year revenue will be below consensus expectations due to customer order delays.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- GSK announced that its Jideytro (zidesamtinib) achieved a 94% objective response rate in TKI-naïve ROS1-positive non-small cell lung cancer patients in the registrational phase I/II ARROS-1 trial, with no placebo comparator.
- AstraZeneca’s breast-cancer pill trial failure could cut several billion dollars from the drug’s potential sales, according to analysts.
See omnystudio.com/listener for privacy information.