Weekly Roundup: Meta's Big Week, Paramount Skydance Mixed, Forte Biosciences Soars

Weekly Roundup: Meta's Big Week, Paramount Skydance Mixed, Forte Biosciences Soars

On this episode of Stock Movers, we take a look at some of the week's biggest gainers and decliners: - Meta Platforms' (META) plans to manufacture its in-house AI chip made companies like Applied Materials, Lam Research, and KLA Corp. happy. The AI infrastructure companies' stocks rose, with Lumentum rising 12% and KLA and Lam Research advancing 4.5% and 6.3%, respectively. Meta's decision to move forward with its in-house chip could be a boon for Applied Materials, Lam Research, and KLA, which make wafer fab equipment that turns raw silicon wafers into microchips. - Paramount Skydance Media (PSKY) shares are trending after a report that U.S. states could sue to block the company’s $110 billion acquisition of Warner Bros. Discovery. States concerned about the deal’s competitive impact could file suit as soon as next week, according to sources familiar with the matter. - Forte Biosciences shares surge as much as 47%, most intraday since May 2025, after the biotech company said its experimental molecule FB102 showed a statistically significant benefit in vitiligo observed by week 24 after completion of 12-week treatment period. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Closing Bell: SK Hynix, CrowdStrike Sinks, WD-40 Soars

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 Isabelle Lee. - SK Hynix (SKHYV) American depositary receipts jumped 15% above their offering price, after the South Korean memory chipmaker raised $26.5 billion in the largest-ever US listing by a foreign company. The ADRs trade at $171.41 each at 1:44 p.m. on Friday in New York, versus an offering price of $149 apiece. The successful mega-listing brushed aside concern over recent volatility among chipmakers, demonstrating investors have plenty of appetite for direct exposure to SK Hynix’s dominant position in high-bandwidth memory. - CrowdStrike (CRWD) stock was down nearly 6% on Friday as investors locked in profits following the stock’s recent rally. The weakness stood out against a stronger broader market. The Nasdaq gained 0.32%, the S&P 500 added 0.31% and the Technology sector rose 0.4%, suggesting the move was driven by stock-specific selling rather than broader market sentiment. - WD-40 (WDFC) stock jumped 21% in early trading Friday after its earnings highlighted the value in having a good product and knowing how to sell it. Revenue jumped 24% to $195.1 million in the company's fiscal third quarter, driven by sales of its flagship WD-40 Multi-Use product across the world. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Oracle Slips, SK Hyynix Debuts on Nasdaq, Meta Gains

Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers: - Credit rating firm S&P Global Ratings downgraded Oracle (ORCL) to the lowest investment-grade rating, citing the tech company’s growing spending on artificial intelligence. S&P said Oracle’s AI business needs significant upfront investment and long-term data center leases, and expects Oracle’s operations to burn through $42 billion of cash in fiscal 2027. - SK Hynix American depositary receipts jumped 15% above their offering price, after the South Korean memory chipmaker raised $26.5 billion in the largest-ever US listing by a foreign company. The ADRs trade at $171.41 each at 1:44 p.m. on Friday in New York, versus an offering price of $149 apiece. The successful mega-listing brushed aside concern over recent volatility among chipmakers, demonstrating investors have plenty of appetite for direct exposure to SK Hynix’s dominant position in high-bandwidth memory. -Meta (META) is outperforming Magnificent 7 stocks on Friday after research firm SemiAnalysis posted a positive report on the social media giant’s AI compute business. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Meta Gains, Robinhood Mixed, Delta Rises as Travel Demand Withstands Fuel Costs

On this episode of Stock Movers: --Meta (META) shares are up. Meta is developing plans for a cloud business, which could include selling access to various AI models hosted on Meta's existing AI infrastructure or selling access to "raw" computing capacity. -Robinhood (HOOD) shares are mixed. Rabid interest in the World Cup has helped to drive more than $3 billion of wagers on a prediction market backed by Robinhood Markets Inc. and Susquehanna International Group, which launched just a few months ago. --Delta (DAL) shares rise. Delta Air Lines Inc. reaffirmed its full-year profit guidance and said strong demand for premium, corporate and international travel helped offset the highest quarterly fuel expense in its history. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Meta Rises, Delta Gains Aritzia Surges on ‘Another Beat, Another Raise’

On this episode of Stock Movers: -Meta (META) shares are up. Meta is developing plans for a cloud business, which could include selling access to various AI models hosted on Meta's existing AI infrastructure or selling access to "raw" computing capacity. -Delta (DAL) shares gain. Delta Air Lines Inc. reaffirmed its full-year profit guidance and said strong demand for premium, corporate and international travel helped offset the highest quarterly fuel expense in its history. -Aritzia (ATZ CN) shares surge. Aritzia shares gain as much as 10% on Friday, its biggest intraday gain since early April, after the Canadian clothing retailer’s first-quarter 2027 adjusted earnings per share beat the average analyst estimate. The company also raised its fiscal 2027 revenue forecast. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.