Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Delta Air Lines (DAL) expects to incur more than $2 billion in higher fuel costs through June because of the Iran war, prompting the carrier to tread carefully and stick to its previous full-year profit forecast.“We’re not updating it in light of the uncertainty, so I think it’d be imprudent to make any estimate at this point,” Delta Chief Executive Officer Ed Bastian said.
- Exxon Mobil (XOM) said 6% of its global first-quarter production was knocked out as the Iran war paralyzed much of the Persian Gulf energy industry. Half of those outages were concentrated at a liquefied natural gas complex in Qatar in which Exxon is a partner, the company said on Wednesday. Two LNG production lines, or trains, were damaged.
- Carnival Corp. rose 9.7% in trading before regular market hours.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:

- Ryanair rose 11%, the most in five years, as airlines climb on news of a ceasefire between the US and Iran.
- Shell said its first-quarter results were boosted by its oil trading operation, even as the company’s Middle East assets were battered by the Iran conflict. Oil plunged below $100 a barrel on Wednesday after the US and Iran agreed to a two-week ceasefire, but prices remain up by more than 50% this year.
- Close Brothers shares surge as much as 23%, the most since August, after the lender said the estimated cost of the FCA’s motor finance redress proposal is broadly similar to its existing provision.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- EasyJet shares rose 12% and are up 15% in the past week following news of a ceasefire agreement between the US and Iran.
- Shell said its first-quarter results were boosted by its oil trading operation, even as the company’s Middle East assets were battered by the Iran conflict. Oil plunged below $100 a barrel on Wednesday after the US and Iran agreed to a two-week ceasefire, but prices remain up by more than 50% this year.
- Fresnillo rose 14% the most in six years. The stock was the best performer among its peers.
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On this episode of Stock Movers:

- Jeans and apparel maker Levi Strauss (LEVI) reported better-than-expected revenue and earnings and raised its fiscal year guidance. For the fiscal first quarter ended March 1, the denim giant reported adjusted earnings of 42 cents a share, up from 38 cents a share in the year-ago first quarter, and revenue of $1.74 billion, up 14%. Levi's stock is down 5% year to date through Tuesday's close, but up nearly 59% over the past 12 months.

- A large fire at a Kimberly-Clark distribution center in Ontario, California, will add “uncertainty” and likely “disruptions” to the company’s operations, according to Piper Sandler analyst Michael Lavery. The stock fell 4.1% on Tuesday, the most since March 3, and was the worst performer in the S&P 1500 Household and Personal Products Index

- Broadcom shares rise 3.0% on Tuesday after the chipmaker announced a long-term agreement with Google to develop and supply Tensor Processing Units. The companies also confirmed plans to work with Anthropic to power the AI startup’s burgeoning operations.
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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.

- UnitedHealth Group (UNH) Humana (HUM) and other insurers that provide private Medicare Advantage plans for older Americans rose after the US agreed to boost 2027 payments by 2.48%, more than its initial proposal and a respite for an industry squeezed by federal cost-cutting efforts. Industry leader UnitedHealth’s stock jumped as much as 10%, the most intraday since August. Humana advanced as much as 11%, while CVS Health Corp. gained as much as 6.9%.

- Broadcom shares rise 3.0% on Tuesday after the chipmaker announced a long-term agreement with Google to develop and supply Tensor Processing Units. The companies also confirmed plans to work with Anthropic to power the AI startup’s burgeoning operations.

- Apple (AAPL) shares are down 3.4% on Tuesday, after Nikkei Asia reported that the company is seeing setbacks in the engineering test phase of the foldable iPhone and that it could push back its production and shipment schedule. The report cited unidentified people.
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