Stock Movers

On this episode of Stock Movers:- Adient (ADNT) shares jump the most intraday since July — after UBS analyst Joseph Spak raised his recommendation on the auto supplier to buy from neutral.- Royal Caribbean (RCL) shares slide after Citi analyst James Hardiman issued a downside 30-day short-term view on the cruise operator ahead of its quarterly report expected towards the end of the month.- Wells Fargo (WFC) shares slump after the firm missed analysts’ profit estimates as severance costs drove up expenses, with the bank spending $612 million on severance.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Wells Fargo (WFC) shares slump after the firm missed analysts’ profit estimates as severance costs drove up expenses, with the bank spending $612 million on severance.- Coinbase (COIN) shares rise after news a new proposal tied to crypto market structure legislation would allow digital-asset companies to offer rewards to customers who hold stablecoins, with some exemptions.- Palo Alto (PANW) shares fall after Reuters reported that China has told domestic companies to stop using cybersecurity software made by about a dozen US and Israeli firms due to national security concerns, citing people familiar with the matter.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Wells Fargo & Co. (WFC) missed analysts’ profit estimates as severance costs drove up expenses.The bank spent $612 million on severance as part of a plan designed to cut costs. Expenses were $13.7 billion, compared with the $13.6 billion predicted by analysts in a Bloomberg survey, according to a statement Wednesday.- Bank of America's (BAC) equity traders posted their best fourth quarter ever as the company reaped the benefits of volatile markets and net interest income topped analysts’ estimates. Revenue from equity trading rose 23% to $2.02 billion in the final three months of the year, according to a statement Wednesday. Analysts had been expecting equity-markets revenue of close to $1.9 billion. That helped give Bank of America earnings of 98 cents a share, topping analysts’ estimates.- After years of lagging behind peers on Wall Street, Citigroup’s (C) dealmakers are narrowing the gap.Chief Executive Officer Jane Fraser’s bank posted an 84% surge in financial advisory fees in the fourth quarter, capping a year in which the firm’s revenue from handling mergers rose by more than half to an all-time record. The haul, announced in an earnings report Wednesday, defied larger rival JPMorgan Chase & Co.’s relatively sluggish growth in that business — up just 6% in 2025.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Wells Fargo (WFC) missed analysts’ profit estimates as severance costs drove up expenses and net interest income fell short. The bank spent $612 million on severance as part of a plan designed to cut costs. Expenses climbed to $13.7 billion, compared with the $13.6 billion predicted by analysts in a Bloomberg survey, according to a statement Wednesday.- Bank of America (BAC) reported net interest income for the fourth quarter that beat the average analyst estimate.- Netflix (NFLX) is working on revised terms for its Warner Bros. Discovery Inc. acquisition and has discussed making an all-cash offer for the company’s studios and streaming businesses, people familiar with the discussions said.The changes are designed to expedite a sale that will take months to close and has faced opposition both from politicians and rival bidder Paramount Skydance Corp. Institutional investors have been divided in their support.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- BP said it expects to take as much as $5 billion in writedowns for the fourth quarter, just weeks after replacing its chief executive officer as it strives to turn around its fortunes.- Hays drops as much as 1.5% to the lowest since 1993 after delivering a sharper drop in like-for-like growth than expected during the latest quarter as the tough environment for recruiters continues. - EssilorLuxottica shares gain as much as 2.9% after HSBC raised its recommendation to buy from hold due to growth in smart glasses.See omnystudio.com/listener for privacy information.