Stock Movers

On this episode of Stock Movers: - Shares of major retailers like dropped after it became clear that the Supreme Court wouldn’t release its highly anticipated tariff ruling on Friday. Under Armour (UA) and Kohl’s (KSS) both tumbled as much as 6%, with many other stocks including Lululemon Athletica, Best Buy and American Eagle Outfitters falling as well. The court is reviewing challenges to President Donald Trump’s tariffs, which have plagued margins for retailers and led to higher prices. The court hasn’t said when it will issue its next opinion but could schedule more releases in the next two weeks. - Intel (INTC) shares rise as much as 9.2% to $44.90 on Friday, hitting their highest level since April 2024, after President Donald Trump praised Intel CEO Lip-Bu Tan on social media after a meeting between the two. In a post to his Truth Social network, Trump hailed what he called progress at Santa Clara, California-based Intel, whose shares are up more than 70% since plans emerged last year for the federal government to buy as much as 10% of the company. So far, the US has amassed a roughly 5.5% stake, with more set to be acquired. - Chipotle (CMG) and Cava (CAVA) shares are trading higher Friday after Telsey Advisory Group analyst Sarang Vora initiates coverage of the two restaurant operators with a rating of outperform.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Mattel (MAT), Nike are among the consumer stocks falling after the US Supreme Court did not issue an opinion on the legality of IEEPA tariffs. The court could issue more opinions in the next two weeks as the justices have return from their holiday recess.-General Motors (GM) shares drop after news the automaker will take another $6 billion in charges tied to production cutbacks in its electric vehicle and battery operations.-Southwest Airlines (LUV) shares climbed after JPMorgan raised its recommendation on the carrier to overweight from underweight, seeing an increase in its earnings-per-share guidance as likely. The analyst also added the stock to their Positive Catalyst Watch list ahead of an upcoming earnings report.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Vistra (VST) shares surge after the company disclosed a 20-year power purchase agreement with Meta Platforms, Inc. The deal involves supplying over 2,600 MW of zero-carbon power from three nuclear plants to support Meta's regional operations.- General Motors (GM) shares drop after news the automaker will take another $6 billion in charges tied to production cutbacks in its electric vehicle and battery operations.- Southwest Airlines (LUV) shares climbed after JPMorgan raised its recommendation on the carrier to overweight from underweight, seeing an increase in its earnings-per-share guidance as likely. The analyst also added the stock to their Positive Catalyst Watch list ahead of an upcoming earnings report.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Oklo (OKLO) shares rise and Vistra (VST) rallies as Meta Platforms agreed to a series of electricity deals for its data centers that will make it the biggest buyer of nuclear power among its hyperscaler peers.-Shares in LoanDepot (LDI), Rocket Cos (RKT) and Opendoor Technologies (OPEN) jumped in premarket trading Friday after President Donald Trump said on his social media platform that he was directing the purchase of $200 billion in mortgage bonds.- Rio Tinto (RIO LN) is open to retaining Glencore’s (GLEN LN) massive coal business if merger talks between the two companies are successful, according to people familiar with the matter.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Shares in Oklo (OKLO) and Vistra (VST) rally as Meta Platforms (META) agreed to a series of electricity deals for its data centers that will make it the biggest buyer of nuclear power among its hyperscaler peers.- Revolution Medicines (RVMD) shares jump after the Financial Times reported that Merck is in talks to buy the cancer drugmaker. The report comes days after another drugmaker, AbbVie, denied it was in talks to acquire Revolution.- General Motors (GM) will take another $6 billion in charges tied to production cutbacks in its electric vehicle and battery operations as the financial fallout spreads from the weakening US market for EVs.See omnystudio.com/listener for privacy information.