Stock Movers

Today's biggest winners and losers in the stock market.
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.
Listen for a roundup of several companies delivering earnings:
- Booking (BKNG) with reported gross bookings for the fourth quarter that beat the average analyst estimate.
- Carvana (CNVA) posted strong profit growth in the fourth quarter that still missed Wall Street’s estimates due to higher-than-expected operating costs. Carvana’s shares fell more than 9% as of 4:06 p.m. in after-hours trading in New York. The stock had gained 23% in the 12 months through Tuesday’s close, more than the S&P 500 Index’s 12% advance.
- DoorDash (DASH) issued an earnings outlook that missed Wall Street’s expectations, with the delivery company warning that winter storms in the US and investments into growth areas will weigh on profits in the near term. Adjusted earnings before interest, taxes, depreciation and amortization for the first quarter will be $675 million to $775 million, the company said in a statement on Wednesday, falling far short of the average analyst estimate of $800.1 million. Shares of San Francisco-based DoorDash fell 7.2% in extended trading after closing at $173.38 in New York. The stock has been down about 23% so far this year.
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Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Meta (META) has agreed to deploy “millions” of Nvidia processors over the next few years, tightening an already close relationship between two of the biggest companies in the artificial intelligence industry. Meta, which accounts for about 9% of Nvidia’s revenue, is committing to use more AI processors and networking equipment from the supplier, according to a statement Tuesday. For the first time, it also plans to rely on Nvidia’s Grace central processing units, or CPUs, at the heart of standalone computers. Shares of Meta rose in trading on Wednesday.

- Berkshire Hathaway (BRK/A) slashed its holding in Amazon.com Inc. by more than 75% in the fourth quarter, while also building a stake in the New York Times Co. — Warren Buffett’s last new bet as chief executive officer. The conglomerate acquired 5.1 million shares of the media publishing company in the three months through December, a stake worth $351.7 million at year-end, according to a regulatory filing Tuesday.

- Madison Square Garden Sports (MSGS) shares skyrocketed after the company said its board unanimously approved a plan to explore a possible spin-off that would separate its New York Knicks business from its New York Rangers business, creating two distinct publicly traded companies.
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On this episode of Stock Movers:
- Palo Alto (PANW) shares fell the most in two years after the cybersecurity company released a forecast for adjusted earnings that was weaker than anticipated. The company forecast adjusted earnings per share of $3.65 to $3.70 for the year and $78 cents to $80 cents for the third quarter.
- MSG Sports (MSGS) shares rise after news Madison Square Garden Sports Corp.'s board of directors approved a plan to explore spinning off the New York Knicks and New York Rangers to make it easier to attract investors to the teams.
- Wingstop (WING) shares jumped after the company reported domestic same-store sales that contracted less than what was predicted, and better-than-expected earnings, easing fears of a marked slowdown at the chicken chain.
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On this episode of Stock Movers:
- Garmin (GRMN) shares rise the most intraday since October 2024, after the consumer electronics maker forecast pro forma EPS for 2026 well above Wall Street estimates.
- MSG Sports (MSGS) shares rise after news Madison Square Garden Sports Corp.'s board of directors approved a plan to explore spinning off the New York Knicks and New York Rangers to make it easier to attract investors to the teams.
- Wingstop (WING) shares jumped after the company reported domestic same-store sales that contracted less than what was predicted, and better-than-expected earnings, easing fears of a marked slowdown at the chicken chain.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Wingstop (WING) . shares jumped in premarket trading after the company reported domestic same-store sales that contracted less than what was predicted, and better-than-expected earnings, easing fears of a marked slowdown at the chicken chain.
- Analog Devices (ADI) reported adjusted earnings per share for the first quarter that beat the average analyst estimate.
- Bayer (BAYN GY) shares drop as much as 12%, the most since November 2024, amid uncertainty around attempts to settle lawsuits tied to Roundup weedkiller. The decline follows a 7.4% gain on Tuesday, and the shares remain up more than 65% since early November.
See omnystudio.com/listener for privacy information.