SK Hynix Up, Meituan Rally, Fast Retailing Slips

Verizon Moves Higher, Comcast Declines, Delek US Rises

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Shares of Comcast Corp. (CMCSA) move higher after the company said it plans to separate its media businesses from its cable-TV and internet operations, spinning off NBCUniversal and Sky into a new publicly traded company in a bid to increase value. Comcast shareholders will have stakes in both companies, the company said in a statement on Monday. The separation is expected to take place in a year, and requires board and regulatory approvals. - Shares of Verizon Communications Inc. (VZ) fell early Monday after the company projected a second-quarter loss of between $700 million and $800 million after striking a deal with UK’s BT Group Plc to create a joint venture for their international businesses. Verizon is classifying the businesses it’s contributing to the joint venture as assets and liabilities held for sale, resulting in the estimated loss, the company said in a regulatory filing on Monday. - Shares of Delek US Holdings (DK) rose by the most in two months after the stock was upgraded to Buy to Hold at TD Cowen. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Comcast to Spin Off NBCUniversal; Rocket Lab to But Iridium; Chip Stocks Rebound

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Shares of Comcast Corp. (CMCSA) move higher after the company said it plans to separate its media businesses from its cable-TV and internet operations, spinning off NBCUniversal and Sky into a new publicly traded company in a bid to increase value. Comcast shareholders will have stakes in both companies, the company said in a statement on Monday. The separation is expected to take place in a year, and requires board and regulatory approvals - Shares of Rocket Lab (RKLB) rallied after the company announced an agreement to acquire Iridium Communications (IRDM), a pioneer in satellite telephones, for $54 a share in a cash-and-stock transaction as smaller players in the orbital economy try to catch up with market leader SpaceX. - Chip stocks are rebounding following a 5.3% decline in the Philadelphia Semiconductor Index on Friday, with equipment stocks leading gains after South Korea’s Samsung and SK Hynix set out plans to build two chipmaking plants See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Comcast Deal; Iridium Acquired; SpaceX Moves

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Comcast (CMCSA) is rising after it announced its intention to separate into two independent publicly traded companies through a tax-free spin-off of NBCUniversal and Sky. Upon completion of the transaction, Comcast shareholders will own shares in both Comcast and NBCUniversal. - Iridium (IRDM) is moving on news Rocket Lab will acquire the company in a deal that focuses on vertically integrating space and satellite capabilities. - SpaceX (SPCX) is up in the premarket as it will become a component of the Nasdaq-100 Index prior to market open on July 7, 2026, Nasdaq announces. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Comcast and Biolife Climb; SpaceX Ticks Higher

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Comcast (CMCSA) is rising after it announced its intention to separate into two independent publicly traded companies through a tax-free spin-off of NBCUniversal and Sky. Upon completion of the transaction, Comcast shareholders will own shares in both Comcast and NBCUniversal. - Biolife (BLFS) shares are higher on news it has attracted takeover interest from parties including diagnostics company Repligen Corp., according to people with knowledge of the matter. It wasn’t clear how the medical supplies maker plans to respond to the interest, the people said, asking not to be identified discussing private information. Representatives for Biolife, based in Bothell, Washington, and Repligen didn’t immediately respond to requests for comment. - Viridian Therapeutics (VRDN) shares are climbing as the company says the FDA approved Lumvoa (veligrotug-vvze) for treatment of thyroid eye disease. - British American Tobacco (BTI) is dropping as it is reducing its 47,000-strong global workforce by about one-fifth as part of its sweeping plan to bring down costs and simplify operations. BAT is contending with falling demand for traditional cigarettes in many markets and a need to invest in and develop more sustainable nicotine alternatives. - SpaceX (SPCX) is up in the premarket as it will become a component of the Nasdaq-100 Index prior to market open on July 7, 2026, Nasdaq announces. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

BT Deal, BAT Cuts, Prosus Rises

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Verizon Communications and the UK’s BT have agreed to create a joint venture for their international businesses that will have a combined yearly revenue of about $4 billion. - British American Tobacco is reducing its 47,000-strong global workforce by about one-fifth as part of its sweeping plan to bring down costs and simplify operations. - Prosus said profit more than doubled in the last fiscal year, beating analysts’ estimates as growth in the tech investment company’s e-commerce businesses and an increase in the value of the stake it owns in China’s Tencent boosted earnings. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.