Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Shares of Nvidia Corp. (NVDA) fell as much as 8.1% in premarket trading following reports the AI chipmaker’s board is working with an outside firm to identify potential replacements for Chief Executive Officer Jensen Huang. The move follows reports of extramarital affairs, including with an alleged Chinese spy. Wall Street sentiment toward Nvidia is starting to crack. At least four analysts have downgraded their ratings on the stock since Huang admitted over the weekend that he had an extramarital affair.
- Some chipmakers and neoclouds are being dragged in the same direction, though Nvidia competitors such as Advanced Micro Devices (AMD) and Broadcom (AVGO) move higher as markets weigh CEO Jensen Huang's fate.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Siemens raised its medium-term targets thanks to record orders, with growth expected to be underpinned by the data center buildout, industrial AI and factory automation. The shares rose as much as 5.2% in early Frankfurt trading.
- Burberry's effort to lower prices and target aspirational shoppers looking to enter the luxury market is paying off, with growth in China bucking a wider industry slowdown. Shares rose as much as 9.6%
- B&M shares gain as much as 20%, the biggest intraday advance since the discount retailer listed in London 12 years ago, after a trading performance Jefferies describes as “impressive.”
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Siemens raised its medium-term targets thanks to record orders, with growth expected to be underpinned by the data center buildout, industrial AI and factory automation. The shares rose as much as 5.2% in early Frankfurt trading.
- Burberry's effort to lower prices and target aspirational shoppers looking to enter the luxury market is paying off, with growth in China bucking a wider industry slowdown. Shares rose as much as 9.6%
- Dr. Martens's sales slumped as unusually hot summer weather hit demand for its signature boots, triggering a share plunge.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Asian Nvidia supplier shares slide after the Wall Street Journal reported that the US chipmaker’s board is preparing to oust Chief Executive Officer Jensen Huang following multiple extramarital affairs. Among Taiwan’s Nvidia suppliers, TSMC closes 2.3% lower.
- Chinese AI stocks drop on concerns that hyperscalers’ access to advanced chips might be affected as the US steps up scrutiny over semiconductor exports amid the uncertainties surrounding Nvidia. Z.AI falls as much 4.9%.
- Nvidia partner Hon Hai posted a quarterly profit that beat analysts’ estimates, driven by the AI boom and strong consumer demand for the $2,000 iPhone Duo. Shares fell as much as 1.2%
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:

- CoreWeave (CRWV) shares jumped after the company eased fears about its debt-laden business and signaled strong sales growth despite headwinds facing the data center boom. The company projected revenue of $13 billion to $13.3 billion this year and expects to take out another loan soon that will carry an investment-grade rating. CoreWeave reported third-quarter sales of $3.66 billion and a backlog of $132.5 billion at the end of the quarter, with Chief Executive Officer Michael Intrator saying the company is executing the right way and poised to be net income positive in 2028.

- IHeartMedia (IHRT) is exploring the sale of part or potentially all of its podcast business to raise cash and boost its struggling stock price, according to people familiar with the matter. A spokesperson for iHeart said the company’s plans do not involve a sale of the business, and that podcasting is a core strategic growth engine for the company. The podcast unit reported revenue of $174 million for the third quarter, up 24% compared to the previous year, and represented 17% of total revenue in the quarter.

- Nvidia (NVDA) shares are down more than 3% in extended trading following a New York Times report that Chief Executive Officer Jensen Huang is said to have a relationship with an Nvidia executive who reports to him.
See omnystudio.com/listener for privacy information.