Hershey Rises, Hims & Hers Drops, Warner Bros. Discovery Falls
On this edition of Stock Movers:- Hershey (HSY) shares climbed today after Goldman Sachs wrote in a note saying the chocolate maker's market-share trends are improving, and there are incremental tailwinds ahead for the chocolate and confectionery company, Goldman Sachs writes in note as double-upgrades to buy. Analyst Leah Jordan says Hershey has historically had strong pricing power linked to its iconic portfolio, and recent announcements on pricing are expected to drive outsized growth in FY26. Cost pressures from tariffs and price of cocoa are well understood and now reflected in expectations, which leaves a more compelling risk profile. Previous negative view on the company had been mainly based on market-share losses in US, but trends are showing some signs of improvement.- Hims & Hers Health (HIMS) shares slid today after the FDA sent a warning letter to the telehealth platform, saying the company’s claims about compounded semaglutide products on their website are false or misleading.- Warner Bros. Discovery (WBD) shares fell as TD Cowen downgraded to hold from buy after the stock rallied even as Paramount is still to make an official offer. Analyst Douglas Creutz says the stock has surged “well beyond our $14 price target following last week’s unsubstantiated report that Paramount Skydance may be considering a bid for the company” “While PSKY may come in with a $20+ bid, we don’t love the risk-reward here given the potential for WBD shares to quickly round-trip to $11-$12 if the bid doesn’t materialize”. Downgrade reflects “the speculative nature of the current rally and the elevated risk profile at these levels”.See omnystudio.com/listener for privacy information.
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Closing Bell: Oracle Pops on TikTok News, Ralph Lauren Falls, The New York Times Stock Down
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.- Oracle (ORCL) shares rose today. TikTok’s American operations would be acquired by an investor consortium that includes Oracle Corp., Andreessen Horowitz and private equity firm Silver Lake Management LLC under a framework deal that US President Donald Trump is set to discuss with Chinese President Xi Jinping later this week. The tentative agreement, unveiled on Monday by senior US and Chinese officials after two days of talks in Madrid, would create a US-based version of the popular social media app with Oracle, Andreessen and Silver Lake all holding stakes in the new venture, according to people familiar with the matter. Under the deal, ByteDance Ltd.’s stake in TikTok would be reduced to below 20% to satisfy a US national security law passed in 2024 requiring the Beijing-based company to divest or face a ban in the American market. If completed, with the blessing of Trump and Xi, the transaction would allow the video-sharing platform to keep operating in the US and remove a sticking point in US-China relations.- Ralph Lauren (RL) shares dropped today after the apparel company sees revenue growth remaining similar to recent rates over the next three years. The New York-based retailer is projecting sales to grow at a mid-single-digit percentage annually through fiscal 2028, according to a statement Tuesday. That’s roughly in-line with estimates from analysts compiled by Bloomberg. But it’s also slower growth than the company has posted in recent quarters.- The New York Times (NYT) shares are down today. President Trump filed a $15 billion defamation suit against the Times and Penguin Random House LLC, accusing the paper of serving as a “mouthpiece” for the Democrats.See omnystudio.com/listener for privacy information.
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Oracle Climbs, United Airlines Down
On this edition of Stock Movers: - Oracle (ORCL) shares climbed today on news that negotiations over the future of TikTok are progressing, relieving some uncertainty around one of the software company’s key customers. TikTok has been in limbo since the US decided to ban the app unless its Chinese owner divested it. President Donald Trump is scheduled to speak with Chinese President Xi Jinping on Friday after leaders from the two countries said a framework to keep the US app running was reached. Also, the Wall Street Journal reports that TikTok’s U.S. business would be controlled by an investor consortium including Oracle, Silver Lake and Andreessen Horowitz under a framework the U.S. and China are finalizing. - United Airlines (UAL) shares are down at the moment. However, Chief Executive Scott Kirby says improving travel demand going into the fall indicates the economy is stronger than statistics show. Airline demand is a “good, real time indicator” of what’s going on in the country, Kirby said at an event Tuesday near Newark airport.See omnystudio.com/listener for privacy information.
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Oracle Soars, Hershey Feeling Sweet, Warner Bros Discovery surges
On this episode of Stock Movers:- Oracle said it will keep TikTok cloud deal under a new agreement that could close within the next 30 to 45 days. Treasury Secretary Scott Bessent said earlier on CNBC that he anticipates that President Trump and Chinese President Xi will agree on a final TikTok deal during their phone call on Friday. Bloomberg Intelligence: Oracle will likely restrict its role to providing cloud services and ensuring that no TikTok data flows back to China under any potential US-China agreement tied to a deal. We see a low likelihood of an equity investment in this potential involvement, given Oracle's substantial capital commitments to expand its cloud services to meet high AI cloud infrastructure demand. Oracle's potential participation in a deal was first reported by CBS. Hershey (HSY) has double upgraded to Buy at Goldman Sachs. It's now rated a buy, and price target at $222, implies a 20% increase from Monday’s close. Goldman: Market-share trends are improving, and there are incremental tailwinds ahead; has historically had strong pricing power linked to its iconic portfolio, and recent announcements on pricing are expected to drive outsized growth in FY26; Cost pressures from tariffs and price of cocoa are well understood and now reflected in expectations, which leaves a more compelling risk profile Warner Bros Discovery (-6%)TD Cowen downgraded the stock to hold from buy. Analyst says the stock has surged “well beyond our $14 price target following last week’s unsubstantiated report that Paramount Skydance may be considering a bid for the company”. Senator Elizabeth Warren weighs in on X, saying any proposed deal should be blocked -- "This deal would be a dangerous concentration of power over our media and news."See omnystudio.com/listener for privacy information.
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President Trump Sues NYT, Oracle Climbs, Webtoon Partners with Disney
On this episode of Stock Movers:- President Donald Trump filed a $15 billion defamation lawsuit against The New York Times (NYT) accusing the paper of serving as a “mouthpiece” for the Democrats. The New York Times said in a statement that the lawsuit “has no merit” and “is an attempt to stifle and discourage independent reporting”. The lawsuit cites the Times’ news and opinion articles, as well as a book written by two of the paper’s reporters, as part of a “decades-long pattern” of intentional and malicious defamation against President Trump.- Oracle (ORCL) shares extended their climb in premarket trading to as much as 5.7% after CBS News reported that the software giant is among a consortium of firms that would enable TikTok to continue operations in the US if a framework deal is finalized. Structure of the final deal is unclear but will include multiple companies, CBS News reports, citing unidentified people with knowledge of the negotiations.-Shares of Webtoon Entertainment Inc (WBTN) rose sharply in pre-market trading after announcing a partnership with The Walt Disney company to build a digital comics platform that will bring together decades of Marvel, Star Wars, Pixar and Disney titles.See omnystudio.com/listener for privacy information.
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