Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- ASML Holding NV shares rose after the Dutch company said soaring artificial intelligence spending means it’s searching for ways to produce more chip-making machines over the next two years.
- Orsted drops as much as 4.4%, to the lowest since Jan. 21, after the US Justice Department asked a federal court to remand the Interior Department’s approval of a construction and operations plan for the Danish firm’s Revolution Wind project.
- Galderma shares slip as much as 1.5% in early thin-volume trading after the dermatology firm announced it would buy Zo Skin Health for an enterprise value of $1.5b in an all-cash deal that will expand its physician-dispensed US skincare portfolio. While analysts saw the deal as a good fit, Barclays said the multiple was fairly high.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- ASML Holding NV shares rose after the Dutch company said soaring artificial intelligence spending means it’s searching for ways to produce more chip-making machines over the next two years.
- Activist investor Ancora Holdings Group has built a stake in UK-listed Big Yellow Group Plc and is pushing the self-storage company to explore a sale, according to a statement from the fund.
- The UK motor cycle “is not showing much sign of turning,” Peel Hunt writes in a note as lowers its price target on insurance provider Admiral to a new Street low of 2,460p from 2,620p, while maintaining a sell rating.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Big cap AI names such as SK Hynix are largely unimpressed with ASML's earnings. But new corners of this trade are always emerging with plastics a theme today on a JPM note highlighting strong demand from AI applications.
- The Hang Seng Tech Index rises as much as 2.6%, with some investors citing a short covering of Chinese Internet names ahead of the Singles’ Day shopping promotion starting Thursday.
- Asian banks were unimpressed by US bank earnings as both Australian and Japanese banks under-perform.
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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:

- Bank of America (BAC) was fined more than $1.21 billion for money laundering and sanctions violations by US regulators.The enforcement actions, announced by the Treasury Department, includes a record $750 million civil penalty from the Office of the Comptroller of the Currency, according to a statement Tuesday. Regulators also placed the bank under a consent order.Bank of America is scheduled to report third-quarter earnings before markets open Wednesday. The bank said it expects those results to include a $1.2 billion non-tax-deductible charge that will cut into net income by about 17 cents a share.

-Bumble (BMBL) shares soar on news Ithaca is taking Bumble private for $1.3 billion, with a deal price of $6.05 per share. Bumble founder Whitney Wolfe Herd said she would “remain actively involved with Bumble” after the deal, which marks a significant change for the company that was valued at $14 billion when it went public.

- Microsoft (MSFT) shares are on pace to close at their first record in nearly a year as the software maker’s four-month rally gains momentum. The stock has gained more than 50% from a June low, adding roughly $1.5 trillion in market value, as sentiment toward the company and its position in artificial intelligence continues to improve. Of the 72 analysts tracked by Bloomberg that cover Microsoft, 68 now have buy ratings and there are no sells, with the average price target implying upside of about 8% over the next 12 months.
See omnystudio.com/listener for privacy information.

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 Romaine Bostick, Tim Stenovec, Carol Massar
- Bumble (BMBL) shares soar on news Ithaca is taking Bumble private for $1.3 billion, with a deal price of $6.05 per share. Bumble founder Whitney Wolfe Herd said she would “remain actively involved with Bumble” after the deal, which marks a significant change for the company that was valued at $14 billion when it went public.

- Microsoft (MSFT) shares are on pace to close at their first record in nearly a year as the software maker’s four-month rally gains momentum. The stock has gained more than 50% from a June low, adding roughly $1.5 trillion in market value, as sentiment toward the company and its position in artificial intelligence continues to improve. Of the 72 analysts tracked by Bloomberg that cover Microsoft, 68 now have buy ratings and there are no sells, with the average price target implying upside of about 8% over the next 12 months.

- Six Flags Entertainment (FUN) saw its bonds sink to their lowest level since they were issued after a string of safety incidents beset the amusement park company.Six Flags’ 7.25% junk bond with a 2031 maturity and its 8.63% debt due January 2032 were each trading around 86 cents Tuesday afternoon, down nearly six points since Monday’s close, according to data compiled by Bloomberg. The bonds are at their lowest prices since they were issued three years and nine months ago, respectively, having sold off sharply from their peaks.Six Flags said it would temporarily close 10 rides at its theme parks as a precaution, including one in Georgia where a man was ejected and killed on Monday.
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