Stock Movers

On this episode of Stock Movers:
- McCormick (MKC) reported its fastest sales growth since 2021, with third-quarter net sales increasing 17% to $2.02 billion. Consumers are cooking more at home to save money, and while higher prices for some ingredients have impacted demand for certain spices, McCormick's consumer business has gotten an overall boost from the trend. McCormick expects sales volumes in the Americas to improve in the near-term, but sees pressures persisting in its flavor solutions business due to softer demand from quick-service restaurant customers.

- ServiceNow (NOW) shares rise. Software stocks rose as investors received news the FTC launched an investigation into frontier AI developers.
- Paramount Skydance (PSKY) shares drop. Paramount ’s $41 billion of US dollar bonds to finance its takeover of Warner Bros. Discovery Inc. sold off to start their first full day of trading while default-protection expenses surged to a 17-year high.
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On this episode of Stock Movers:
- Accenture (ACN) shares rise. Accenture reported revenue for the period came in at $18.7 billion, up 7% from the year prior, beating Bloomberg-compiled analyst estimates of $18.04 billion. The company reported $22.2 billion of new bookings, beating the roughly $20 billion analysts had estimated, and announced separate deals with Alphabet Inc.'s Google Cloud, Anthropic PBC and Amazon.com Inc.'s web services unit.

- Synopsys (SNPS) shares are up 9% with analysts positive on the maker of electronic design automation software in the wake of an investor day event where it gave long-term targets that are seen as strong.
- Moderna (MRNA) shares tumble. A Citigroup analyst recommended selling the stock, saying its current valuation is “unjustifiable” following an outsized rally. The analyst believes the re-rating of the stock reflects successful expansion in many tumor types and unrealistic implied sales, and that the melanoma win for the vaccine does not broadly validate the platform for other tumor types.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- McCormick (MKC) shares rose after the company posted its strongest sales since 2021, with third-quarter net sales increasing 17% to $2.02 billion.
- Accenture (ACN) shares are moving higher after the IT services company reported fourth-quarter results that beat expectations on key metrics, including revenue and bookings.
- Constellation Energy (CEG) is gaining after the operator of gas power plants said it signed a 20-year power purchase agreement with Amazon, which covers 690 megawatts of nuclear capacity at Maryland’s Calvert Cliffs Clean Energy Center, including a 190-megawatt uprate.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Accenture (ACN) shares are moving after it reported earnings this morning. The company had entered Thursday grappling on how AI will affect the company, with shares down 32.1% year to date.
- Micron Technology (M) shares are moving after it reported fourth-quarter results that beat expectations and gave an outlook that points to durable AI-related demand. Still, Vital Knowledge noted that expectations are very high for the space, “so investors might look at the MU release as not being much better than ‘inline.’”
- Alphabet (GOOG) shares are reacting to the company's announcement of a new frontier model called Gemini 4 Argon, the company announces on their blog. The new model is rolling out with the US government and a set of trusted cyber defenders through its Fairwind Program
- Constellation Energy (CEG) is gaining after the operator of gas power plants said it signed a 20-year power purchase agreement with Amazon, which covers 690 megawatts of nuclear capacity at Maryland’s Calvert Cliffs Clean Energy Center, including a 190-megawatt uprate.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- AG Barr shares fall as much as 4.7% to the lowest level since April 2024 after Berenberg downgraded the maker of the Irn-Bru beverage to hold from buy, seeing subdued volume growth.
- Land Securities Group plans to raise about £500 million ($663 million) through a share sale to fund the acquisition of Metrocentre, one of Britain’s largest shopping malls.
_ Sanofi and Regeneron Pharmaceuticals are expanding their partnership in a deal that could see the US drugmaker receive as much as $8 billion.
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