Medtronic Gains, Pal Alto Networks Down, Ulta Beauty Slips as Outlook Implies Softer Year Ahead

Closing Bell: MiniMed Surges, Ulta Slips, CrowdStrike Beats Estimates

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 Greifeld, Carol Massar and Tim Stenovec. - MiniMed (MMED) shares jump as much as 20%, most intraday on record, after the diabetes device maker reported fourth-quarter net sales and a CGM attachment rate that surpassed expectations. MiniMed also said it plans to commercialize dual glucose-ketone sensors with Abbott. - Ulta (UTLA) shares traded lower after analysts noted that guidance for the retailer suggests a gloomier outlook for the back half of the year than initially anticipated. - CrowdStrike (CRWD) delivered earnings after the bell, boosting adjusted earnings per share for the second quarter. Shares traded lower afterhours. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Ulta Slips, GameStop Climbs, Medtronic Gains

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Ulta (ULTA) shares slid in trading as analysts note the retailer's annual guidance implies a weaker outlook than expected for the end of the year. - GameStop (GME) shares continued to rally in trading on Wednesday after it reported a record quarterly profit driven by its collectibles business after the bell on Tuesday. The results were aided by a decline in expenses and a 65% increase in its collectibles business. The retailer has been looking to sell more items such as Pokemon cards and action figures as consumers increasingly buy video games outside of physical stores. - Medtronic (MDT) shares gained after the medical devices maker reported revenue for the fourth quarter that beat expectations. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

GameStop Climbs, USA Rare Earth Rises, Ulta Beauty Falls on Guidance

- GameStop (GME) shares climb. The video-game retailer reported a record quarterly profit driven by its collectibles business. Sales overall climbed 14% to $835.3 million. Net income of $389.6 million was the highest ever for a quarter in the company’s history, GameStop said in a regulatory filing Tuesday. - USAR (USA Rare Earth) shares rise. The company secured up to $277 million in federal funding and as much as $1.3 billion in senior secured loan capacity from finalized definitive agreements with the US Department of Commerce. - Ulta Beauty (ULTA) shares slip as analysts note the retailer’s annual guidance implies the outlook for the back half of the year is weaker than expected. Analyst Michael Baker says that with Ulta stock down 18% year to date and trading 17% below its five year average on a relative P/E basis, it wasn’t priced to be a perfect quarter. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Medtronic Gains, Pal Alto Networks Down, Ulta Beauty Slips as Outlook Implies Softer Year Ahead

On this episode of Stock Movers: - Medtronic (MDT) shares gain. The medical devices maker reported revenue for the fourth quarter that surpassed expectations. Analysts noted that the 2027 adjusted earnings per share guidance will be in focus during the earnings call. - Pal Alto (PANW) shares are down. The security software company reported results following a 61% year-to-date rally. The company reported third-quarter results that beat the average analyst expectation and raised its full-year forecast for key metrics, but failed to meet elevated buyside expectations. - Ulta (ULTA) shares slip as analysts note the retailer’s annual guidance implies the outlook for the back half of the year is weaker than expected. Analyst Michael Baker says that with Ulta stock down 18% year to date and trading 17% below its five year average on a relative P/E basis, it wasn’t priced to be a perfect quarter. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Macy's Earnings; GameStop Climbs; Palo Alto Slides

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Macy's (M) shares are on the move after it lifted its sales outlook for the year, a sign that the company’s focus on growing its luxury business and improving its assortment is paying off. - GameStop (GME) shares are climbing after the video-game retailer reported a record quarterly profit driven by its collectibles business. Sales overall climbed 14% to $835.3 million. Net income of $389.6 million was the highest ever for a quarter in the company’s history, GameStop said in a regulatory filing Tuesday. - Palo Alto (PANW) shares are dropping as the security software company reported results following a 61% year-to-date rally. The company reported third-quarter results that beat the average analyst expectation and raised its full-year forecast for key metrics, but failed to meet elevated buyside expectations. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.