Schneider Drops, AB Foods Falls, JD Sports

Meta Deal; General Mills and Alcoa

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Meta (META) share are moving on news it is developing plans for a cloud infrastructure business to sell access to AI computing power and models, competing with industry leaders like Amazon Web Services, Microsoft Azure and Google Cloud. - General Mills (GIS) shares are moving after it posted fourth-quarter profit that beat Wall Street expectations, lifted by higher prices. - Alcoa (AA) shares are moving on news it agreed to buy South32 Ltd.’s bauxite, alumina and aluminum assets in a deal worth as much as $5.6 billion. The acquisition significantly expands Alcoa’s integrated aluminum business, strengthening its position as one of the world’s largest producers by adding assets across the entire value chain. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Nike Drops; Microsoft Ticks Higher; Bloom Energy Rallies

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Nike (NKE) shares are dropping after the sneaker company said on its conference call revenue expectations for the next two quarters are now seen down low-to-mid single digits from down low single digits earlier. The company also said its 4Q results were “in line” with its expectations, but that the operating environment is “increasingly challenging,” and with sell-through also remaining “challenged.” - Microsoft (MSFT) is ticking higher as it's set to announce more job cuts next week, citing a report from Business  Insider. - Bloom Energy (BE) are rising after the announcement the company expanded its partnership with Brookfield from $5 billion to $25 billion to help grow the fuel cell partnership globally. - Intuitive Machines (LUNR) shares are higher on news NASA selected Astrobotic, Firefly Aerospace and Intuitive Machines for four moon missions in late 2028 as part of the Moon Base Program. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Galderma Slumps, AB Foods Falls, CMC Markets Soars

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: * Galderma shares slumped the most in more than a year after the US Food and Drug Administration turned down the Swiss dermatology firm’s rival Botox treatment Relfydess. * Associated British Foods reported lower sales at its Primark budget fashion chain and a profit-hit at its sugar unit due to the war in Iran, as the conglomerate prepares to separate its clothing and food divisions. * CMC Markets shares soared 22% to a fresh record after the UK financial derivatives dealer raised its guidance for 2027 net operating income citing strong momentum. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Schneider Drops, AB Foods Falls, JD Sports

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: * Schneider Electric has announced a $3.1 billion all-cash deal to acquire Cognite Holding, expanding its industrial data and AI software business. Analysts say the acquisition multiple seems high, but flag that it only represents a bolt-on deal considering Schneider’s market capitalization of about €165 billion. * Associated British Foods reported lower sales at its Primark budget fashion chain and a profit-hit at its sugar unit due to the war in Iran, as the conglomerate prepares to separate its clothing and food divisions. * JD Sports struggles with a tough consumer environment, amidst growing pressure in the sportswear market.  See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

TSMC Rises, China Life Drops, SK Hynix Falls

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: * In Taiwan the capex beneficiary story remained healthy. Gains were seen for a number of firms including a jump of as much as 5.2% for TSMC. * In China there have been some non tech movers including insurance firms. China Life fell as much as 4.7%. * The Kospi Index fell, as the National Pension Service is set to resume re-balancing its domestic stock holdings after a temporary suspension. SK Hynix dropped as much as 5.2%  See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.