Micron Drops, Synaptics Bought by Onsemi, Rocket Lab Extends Gains

Micron Drops, Synaptics Bought by Onsemi, Rocket Lab Extends Gains

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - This roller-coaster week for tech stocks from Seoul to New York fueled by extreme investor positioning and worries over chip demand is sending a strong signal: the case for the artificial-intelligence trade is still strong, but the days of everything going up in a straight line appear to be over. - US chipmaker Onsemi (ON) has agreed to buy Synaptics (SYNA), a firm that specializes in semiconductors for smart devices, in an all-stock deal that values the company at about $6.2 billion. - Rocket Lab (RKLB) shares rise as the space firm says NASA selected it to provide three Electron launches for two missions, PolSIR and TSIS-2, from early 2027. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Barratt Redrow Climbs, Zalando Plunges, Volkswagen Rises

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Barratt Redrow and Bellway climb after Berenberg upgrades both stocks to buy, saying depressed valuations, strong balance sheets and attractive capital returns create selective opportunities in UK housebuilders despite a downbeat market outlook. - Volkswagen is looking to cut tens of thousands of additional jobs and may shutter factories in a push by Chief Executive Officer Oliver Blume to make Europe’s biggest automaker more competitive, Manager Magazine reported. - Zalando plunged after Germany’s financial regulator opened a probe into the online fashion retailer’s 2025 report over suspected violations of accounting rules. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Zalando Plunges, Pandora Rises, Wise Climbs

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Zalando plunged after Germany’s financial regulator opened a probe into the online fashion retailer’s 2025 report over suspected violations of accounting rules. - Pandora shares rise as much as 5.1%, hitting their highest level since early December, after BofA upgraded the stock to buy from underperform, saying the jewelry and watch retailer has a “clear catalyst path ahead as main pressures subside and LFL [like-for-like sales] stabilizes.” - Wise shares climb as much as 6.1% in London, the most since April 13, after the financial technology firm announced it will begin a new buyback program and reported results for the full year which analysts say were in line with expectations. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

SoftBank Falls, Samsung Drops, MediaTek Dips

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - SoftBank's stock fell as much as 13% on concerns that OpenAI may hold off on an initial public offering until next year and delay returns for its Japanese backer. - South Korean stocks were hit by a second trading suspension this week as chipmakers plunged, highlighting the market’s sensitivity to swings in global artificial-intelligence sentiment. The benchmark Kospi extended losses after the Korea Exchange’s 20 minute trading halt, falling as much as 9%. Samsung Electronics Co. and SK Hynix Inc. each fell more than 10% at one point. - The Taiex Index fell 3.6% at 44,571.76 in Taipei. The move was the biggest since falling 4.4% on March 9 and follows the previous session's increase of 0.5%. MediaTek shares fell as much as 10%. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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.