Cerebras and FedEx Dip; Wendy's CFO Change; Micron Up Ahead Earnings

Qualcomm Rises, Apple Falls, Hertz Eyes Record Drop

On this episode of Stock Movers: - Qualcomm (QCOM) shares end the day higher after the chipmaker forecast annual sales of more than $15 billion from artificial intelligence components in data centers by fiscal 2029. - Apple (AAPL) shares sank after it raised prices of all Macs, iPads, home devices and the Vision Pro on Thursday, seeking to offset cost hikes caused by an unprecedented shortage of memory chips and storage. - Hertz (HTZ) saw its shares plummet 41% on Wednesday after announcing a concurrent stock issuance and bond offering, and reporting preliminary earnings that fell short of analyst hopes. On Thursday, shares dropped a further 11%, putting Hertz on track for its biggest weekly decline since the stock re-listed in 2021 after emerging from bankruptcy. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Qualcomm Micron, Sox Rise on Earnings; Apple Sinks on Price Hikes

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 Griefeld, Carol Massar and Tim Stenovec. - Qualcomm (QCOM), Micron (MU), and the Philadelphia Semiconductor Index (SOX) end the day higher after earnings from Qualcomm and Micron post strong outlooks. - Apple (AAPL) shares sank after boosting prices of Macs and iPads.-Cerebrus (CBRS) tumbled after the chipmaker gave a disappointing annual sales outlook. - Strategy (MSTR) shares slid as investors are increasingly questioning whether that machine can keep running after a prolonged decline in Bitcoin, now trading firmly below $60,000, mounting obligations and a collapse in the market value of the company’s preferred stock. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Apple Sinks, SanDisk Surges, Strategy Falls After Their Funding Model Jolts Bitcoin Traders

On this episode of Stock Movers: - Apple (AAPL) shares fell after the company raised prices of Macs, iPads, home devices, and the Vision Pro to offset cost hikes caused by a shortage of memory chips and storage. - SanDisk (SNDK) shares rose after Micron's results underscored how artificial intelligence remains a major vector for growth.  - Strategy (MSTR) shares sink after the company financing model, which relies on issuing securities to fund additional Bitcoin purchases, was questioned by investors due to a decline in Bitcoin's price and a collapse in the market value of the company's preferred stock. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Apple Falls, Trip.com Falls, Wendy's Down After Meme-Stock Crowd Piled In

On this episode of Stock Movers: - Apple (AAPL) shares fall. Apple Inc. raised prices of Macs, iPads, home devices, and the Vision Pro to offset cost hikes caused by a shortage of memory chips and storage. The price hikes are in effect globally and do not currently apply to iPhone, Apple Watch, or AirPods prices, but the company hinted at possible future price adjustments. - Trip.com ADRs drop after the company reported adjusted earnings for the first quarter that missed analyst estimates. The online travel agency also expects slower 2Q revenue growth. Analysts including Brian Gong note that Trip.com expects total net revenues growth to decelerate in the second-quarter of 2026 with the impact from surging oil price and operation adjustment. - Wendy's (WEN) shares are down. This is after retail traders piled into the fast-food chain on Wednesday after a post on Reddit Inc.'s WallStreetBets implored its members to “save Wendy’s before it’s too late.” See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Micron Soars, Dell Falls, Bio-Techne Drops After Merck KGaA Secures $11.3 Billion Purchase

On this episode of Stock Movers: -Micron (MU) shares surged after the company issued a quarterly sales forecast that exceeded Wall Street estimates, signaling that an AI-fueled growth run remains strong. -Dell (DELL) shares fall after GF Securities Co. Ltd. downgraded the computer and server company to hold from buy. Analyst Jeff Pu writes that the valuation is stretched, with shares up 245% this year. -Bio-Techne (TECH) shares fall. Merck KGaA agreed to buy Bio-Techne Corporation for about $11.3 billion to bolster its life-science business. Merck agreed to pay $73 per share in cash for the US diagnostics firm, a premium of roughly 24% on Bio-Techne’s closing price on Wednesday. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.