Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- HSBC erased earlier gains to trade 1% lower after the British lender announced a fresh stock buyback and raised its cost-cutting target as it reported second-quarter earnings that beat estimates despite China’s crackdown on cross-border wealth flows.
- BP shares rise as much as 1.7% after the UK-based energy company put another key asset up for sale and said it will meet its debt target sooner than planned, as new Chief Executive Meg O’Neill steps up efforts to repair the balance sheet and convince investors that the company is reversing years of under-performance.
- Smith & Nephew dropped as much as 7.9% after the British medical equipment manufacturer cut its revenue-growth forecast for the fiscal year due to weaker demand for hip and knee implants in the US.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- HSBC shares were broadly flat in early London trading after the British lender reported second-quarter earnings that beat estimates despite China’s crackdown on cross-border wealth flows.
- Lufthansa shares dropped as much as 9.4%, the most since March, after the airline warned of heightened uncertainty for its full-year outlook as volatility in jet fuel prices and shortened booking cycles complicate efforts to boost profit.
- Bayer shares rise after the German life science giant posted an unexpected increase in profit in the second quarter, helped by a strong performance in its crop science business.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Shares of Chinese optical transceiver makers surge as investors grew more optimistic about the impact of Nvidia’s roll-out of its co-packaged optics (CPO) platform. Shares of Zhongji Innolight surge as much as 18%
- MUFG shares fell as much as 3.5% after SMBC Nikko analysts said results were “uneventful” despite the bank’s 1Q net income beating estimates.
-Toyota unveiled a ¥1 trillion ($6.3 billion) buyback and lifted its profit outlook as resilient hybrid demand and a weak yen helped make up for rising costs, tariffs and supply disruptions. Shares fell as much as 3.1%.
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On this episode of Stock Movers:
- Palantir Technologies (PLTR) raised revenue and income forecasts for the full year after posting second-quarter sales that far exceeded Wall Street’s estimates, describing commercial demand as “otherworldly.” Palantir now expects $4.89 billion to $4.91 billion in adjusted income from operations and projects as much as $8.16 billion in sales for the full year. Palantir Chief Executive Officer Alex Karp said US commercial sales in the second quarter were “staggering,” rising 149% from a year earlier to $764 million.
- On Semiconducter's (ON) shares rose after it beat analysts' expectations for earnings and revenue in its second fiscal quarter. The company reported $1.604 billion in revenue and earnings of 74 cents a share, and raised guidance on revenue from sales to artificial intelligence data centers
- Snap (SNAP) posted higher-than-projected quarterly sales and gave an upbeat forecast for the current period. Revenue jumped 19% to $1.6 billion for the quarter ended June 30, beating analysts’ average estimate of $1.54 billion. Snap projected third-quarter sales of as much as $1.74 billion, topping projections for $1.70 billion, according to data compiled by Bloomberg.
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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, Carol Massar and Tim Stenovec.
- Amazon (AMZN) surpassed $3 trillion in market value for the first time, becoming only the fifth company to ever reach the milestone. The e-commerce and cloud-computing company’s shares traded higher on Monday, adding to the raucous rally last week following second-quarter earnings that showed accelerating cloud-computing revenue. Amazon joins Nvidia, Alphabet, Microsoft and Apple as the only companies that have reached that size.
- Boeing (BA) received sign off for the 737 Max 7 from the Federal Aviation Administration, ending a drawn-out certification process that was upended by two fatal crashes and quality lapses at the US planemaker. The FAA issued an amended type certificate for the Max 7 following almost a decade of review, the regulator said in a statement Monday. The Max 7 has been predominantly ordered by Southwest Airlines Co. and Boeing has 282 unfilled orders for the Max 7, according to its website. Shares of Boeing rallied in trading on Monday.
- Palantir (PLTR) raised its sales and income forecasts for the full year after posting second-quarter sales that far exceeded Wall Street’s estimates. Palantir now expects $4.89 billion to $4.91 billion in adjusted income from operations, up from $4.45 billion at the top end of the range previously. The software developer also raised its full-year revenue outlook, projecting as much as $8.16 billion in sales, above analysts’ estimates of roughly $7.7 billion on average. Shares gained in late trading immediately following the results.
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