Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
The National Stock Exchange of India is seeing a recovery in its market share in equity derivatives trading alongside gains in the commodity market, CEO Ashish Chauhan told Bloomberg TV in an interview. Shares gained in their debut on the BSE Ltd. after the company raised $2.4 billion in one of the biggest initial public offerings in the country’s history.
Shares of insurers and distributors — including banks— collectively shed $14 billion in market value on Thursday, after the insurance regulator proposed caps on commissions and tighter limits on management expenses. Turtlemint shares sank 20%
PB Fintech’s shares crashed as much as 36%, the biggest single-day loss for any Indian stock since the pandemic. Tiwa Adebayo
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Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:
- Anthropic has signed an $11.6 billion, seven-year contract with Akamai Technologies (AKAM) for computing power. Akamai will supply Anthropic access to central processing units, or CPUs, and has issued a warrant that gives Anthropic the right to buy Series B shares. The contract represents the largest deal in Akamai's history, with the company estimating its capital spending tied to the agreement will total about $5.5 billion.
- Oracle (ORCL) sent a notice citing force majeure to the project's developer, a unit of Blue Owl Capital Inc., regarding a massive data center being built in New Mexico. The notice is an attempt to put off payments if the data center, dubbed Project Jupiter, gets derailed and fails to come online as planned, according to people familiar with the situation. A force majeure event tied to meeting power commitments could result in a delay on rent for Oracle, but the company would still have to pay other costs and owe the rent for the full lease term once payments begin.
- Everpure (P) shares jump as much as 20%, the most intraday since May, after the data-storage company forecast revenue for 2028 that exceeded the average analyst estimate.
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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 Bostic, Carol Massar and Tim Stenovec

- GoDaddy (GDDY) shares are up 12% on Thursday, after the Financial Times reported that Gen Digital made a takeover offer for the domain-registry company. The report cited people familiar with the matter. The talks are at an early stage and may not lead to a deal, the FT said, citing people familiar with the matter who it didn’t name. A combination would be transformational for Gen Digital, which has a market value of almost $16 billion at its last close. GoDaddy, which controls about 81 million web domains, was valued at about $12 billion as of Wednesday. Gen Digital and GoDaddy declined to comment to the FT.

- Oracle (ORCL) sent a notice citing force majeure to the project's developer, a unit of Blue Owl Capital Inc., regarding a massive data center being built in New Mexico. The notice is an attempt to put off payments if the data center, dubbed Project Jupiter, gets derailed and fails to come online as planned, according to people familiar with the situation. A force majeure event tied to meeting power commitments could result in a delay on rent for Oracle, but the company would still have to pay other costs and owe the rent for the full lease term once payments begin.

- MGM Resorts International's (MGM) shares tumbled early Thursday after digital and print media company People (PPLI) withdrew its buyout proposal for the casino operator. In early June, People submitted a nonbinding offer to purchase all the shares it didn't already own in MGM Resorts for $48.30 apiece in cash. The media conglomerate holds a roughly 27% stake in the casino operator.
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Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:

- Darden (DRI) shares are down 0.91% after the operator of several restaurant chains reported comparable sales shortfalls for its Olive Garden and LongHorn banners, while Fine Dining and “Other” segments performed ahead of expectations. Profits were in line with the Street view, and guidance for the full year was reaffirmed.

- Everpure (P) shares jump as much as 20%, the most intraday since May, after the data-storage company forecast revenue for 2028 that exceeded the average analyst estimate.

- MGM Resorts International's (MGM) shares tumbled early Thursday after digital and print media company People (PPLI) withdrew its buyout proposal for the casino operator. MGM said its board remains excited to continue to lead MGM Resorts as a standalone company, and People Inc. remains open to a potential strategic transaction with MGM going forward.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Stitch Fix (SFIX) shares fall after the online personal styling platform forecast a much weaker full-year 2027 Ebitda that analysts expected. The company also reported loss per share from continuing operations for the fourth quarter of 2.0c.
- Everpure (P) shares jump as much as 20%, the most intraday since May, after the data-storage company forecast revenue for 2028 that exceeded the average analyst estimate.
- Viking Therapeutics (VKTX) shares tumble as much as 14% in premarket trading after the firm announced an upsized $500 million offering of common stock and convertible senior notes.
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