Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- PepsiCo’s (PEP) quarterly revenue and earnings beat expectations, as the maker of Doritos and Lay’s sees improvement in salty snacks volume following recent price cuts.
- Taiwan Semiconductor Manufacturing Co. (TSM) raised its revenue outlook for 2026, an upbeat forecast that underscores the resilience of AI chip demand despite concerns about the economic fallout from the Middle Eastern conflict.
- Alibaba Group Holding (BABA) launched a new AI model that can be used to develop games and generate videos simulating the real world, expanding its suite of products to challenge Tencent Holdings Ltd. as it looks to monetize the technology.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- EasyJet shares fell the most in almost four years after the UK budget airline warned of a loss in the first half year, caused by the disruption from the Iran war.
- Swiss chocolate maker Barry Callebaut AG said profit will decline this year, cutting its outlook after a sharp drop in cocoa prices.
- Tesco Plc said the war in the Middle East is creating uncertainty for shoppers that risks weighing on Britain’s biggest supermarket as the ripple effects of the conflict play out.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Active Stoxx Europe 600 futures climb 0.2%, while Euro Stoxx 50 futures advance 0.3%. Below are the biggest movers among Stoxx Europe 600 members that traded with at least 10,000 euros worth of shares on Tradegate before the European market open.
- EasyJet shares fell the most in almost four years after the UK budget airline warned of a loss in the first half year, caused by the disruption from the Iran war.
- Banca Monte dei Paschi di Siena investors backed another term for ousted Chief Executive Officer Luigi Lovaglio, marking a triumphant victory for the veteran leader after the board tried to get rid of him.
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On this episode of Stock Movers:
- Shares of Live Nation (LYV) sank on Wednesday after a jury found that the Ticketmaster parent had acted as an illegal monopoly over the ticketing industry, according to reports. Live Nation (LYV) did not immediately respond to a request for comment. Shares were down 6.3% on Wednesday
- Shares of telehealth firm, Hims & Hers (HIMS) climbed as much as 11% on Wednesday after HHS Secretary Robert F. Kennedy Jr. said the FDA is seeking to remove 12 peptides from Category 2 restrictions.
- Allbirds (BIRD) shares are surging Wednesday morning after the company said it signed a definitive agreement for a $50 million convertible financing facility and plans to pivot into AI compute infrastructure following its previously announced sale of the Allbirds brand and footwear assets to American Exchange Group. 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:
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
- Allbirds (BIRD) shares are surging Wednesday morning after the company said it signed a definitive agreement for a $50 million convertible financing facility and plans to pivot into AI compute infrastructure following its previously announced sale of the Allbirds brand and footwear assets to American Exchange Group. The company's stock went up as much as 461% after the opening bell in reaction to the announcement.
- Snap (SNAP) shares rise as much as 8.9% on Wednesday, after the social-media company announced layoffs of roughly 1,000 full-time employees, or 16% of its global workforce, to reduce costs and achieve profitability, that analysts see as positive. The job cuts and pullback on hiring will reduce Snap’s annualized cost base by more than $500 million by the second half of this year, according to Chief Executive Officer Evan Spiegel.
- Shares of Live Nation sank on Wednesday after a jury found that the Ticketmaster parent had acted as an illegal monopoly over the ticketing industry, according to reports. Live Nation (LYV) did not immediately respond to a request for comment. Shares were down 6.3% on Wednesday.
See omnystudio.com/listener for privacy information.