AI Infrastructure Falls, Alphabet’s $2 Trillion Gain, American Eagle Affirms Guidance

AI Infrastructure Falls, Alphabet’s $2 Trillion Gain, American Eagle Affirms Guidance

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Meta Platforms (META) shares are up after Bloomberg News reported that the Facebook parent is developing plans for a cloud-infrastructure business to sell its excess AI compute. - Alphabet (GOOG) has had a remarkable 12 months by just about any measure you can imagine. The stock price has more than doubled, raising its market capitalization by more than $2 trillion as investors see increasing strength in its artificial intelligence capabilities. At $4.3 trillion, Alphabet is now the second-most valuable company in the world, up from fifth at this time last year. And in a sign of how significant Google’s parent has become to the overall economy, the shares were added to the Dow Jones Industrial Average this week. - American Eagle Outfitters (AEO) is well positioned to reach consensus for sales of $6.2 billion by 2028, driven by broad-based growth at Aerie, continued momentum at Offline and a recovery in on-trend denim and bottoms at the namesake brand. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

PPHE Plunges, Carrefour, Sodexo

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - PPHE Hotel Group concludes its strategic review and formal sale process without receiving any deliverable proposals for a potential sale of the company, according to a statement. - Carrefour shares rise as much as 4.6%, the most in just under a year, after UBS upgrades the French grocer to buy from neutral, calling the stock “too cheap to ignore.” - Sodexo rises as much as 8.3%, the most since April 2023, after the French food services company reported third-quarter results ahead of expectations and raised its organic revenue forecast for the full year. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Soitec Falls, Bayer Upgrade, Sodexo Rises

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - AI demand and EU support can turn Europe's semiconductor niches into growth assets, but only if customers commit to buy at scale. Without big buyers, advanced chip and packaging plants risk becoming subsidized capacity without enough orders. Soitec falls as much as 6.2% - Bayer got upgraded to buy from hold at Deutsche Bank. Bayer rises as much as 5.9%. - Sodexo rises as much as 8.3%, the most since April 2023, after the French food services company reported third-quarter results ahead of expectations and raised its organic revenue forecast for the full year. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Samsung Slips, KB Financial Gains, Meituan Jumps

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - South Korean stocks slumped as Meta Platforms Inc.’s plan to sell computing power raised questions over excess in AI capacity, driving a selloff in chipmakers. The Kospi Index was down about 4% as of 12:25 p.m. local time, with Samsung and SK Hynix losing more than 5% each. - Korean financial stocks gain Thursday as investors seen rotating from tech stocks and boosted by rate hikes expectations. KB Financial jumps as much as 9% on Korea Exchange - Options appear expensive on companies including Meituan and Tencent, while contracts on Bank of China and China Life screen cheap. Meituan rises as much as 7.5% See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Meta Gains on Cloud Report, Bending Spoons Shares Soar in Debut, Nike Higher

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Meta (META) shares rallied after a Bloomberg News report that the Facebook parent is developing plans for a cloud-infrastructure business to sell its excess AI compute. - AOL owner Bending Spoons (BSP) shares rose 14% above their initial public offering price after the company and some of its backers raised $1.68 billion. The trading gives Bending Spoons a market value of over $20 billion. That compares with a valuation of about $14.5 billion in 2025, after a funding round comprised of $270 million in primary capital and $440 million in secondary capital and a $2.8 billion debt package, according to PitchBook data. Bending Spoons was formed in 2013 and derived its name from a scene in the 1990s science-fiction film The Matrix. The company brings a private equity-style playbook to distressed software apps, buying largely subscription-based services, trimming their staff and handing operations to coders. In addition to Vimeo, which it bought in 2025, it acquired AOL, file-sharing service WeTransfer, note-taking app Evernote and Remini, a popular photo app that uses artificial intelligence. - Nike (NKE) shares closed higher, erasing an earlier drop that was spurred by the sneaker company reducing its revenue outlook for the next two quarters. Some Wall Street analysts are defending the stock despite the weaker outlook, with BTIG calling sentiment “overly depressed.” Shares are down 33% this year, on pace for their worst annual decline since 1997. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.