Concentrix Tumbles; AVAV Soars; Nike to Report

Chip Equipment Suppliers Soar, Zimmer Biomet Slumps, AeroVironment Soars

On this episode of Stock Movers, we look at some of the week's biggest gainers and decliners: - Shares of companies that supply semiconductor equipment are soaring this week as increased investments from leading chipmakers in South Korea bolster investors’ optimism. US-based companies like Applied Materials (AMAT) and KLA Corp (KLA) rallied along with their peers overseas. More broadly, the US chip benchmark is up 100% in the first half as it heads for the best quarter on record. - Zimmer Biomet (ZBH) fell sharply after Cleveland Research published a report that cited disappointing orthopedic market trends. - AeroVironment (AVAV) shares rallied after the defense company reported fourth-quarter results that topped expectations and forecast 2027 revenue that at the midpoint exceeds estimates. Analysts note strength in its drones business. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Strategy Falls on Bitcoin Outlook; Air Products Rises; Chip Stocks Eye Record Quarter

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Shares of Strategy Inc. (MSTR) are falling as analysts cut their price targets on the Bitcoin treasury company amid declining Bitcoin prices and as the Michael Saylor-led crypto company unveiled a sweeping overhaul of the financing model underpinning its Bitcoin strategy, giving itself broader powers to sell the cryptocurrency, buy back securities and preserve liquidity as it adapts to mounting pressure on the structure that fueled years of aggressive accumulation. - Shares of Air Products (APD) gained by the most since 2020, after the company said it will not proceed with the Louisiana Clean Energy Complex project and will record a pre-tax charge that’s not expected to exceed $2.9 billion in fiscal third-quarter. - Chip stocks are on pace for their best quarter ever, extending an extraordinary start to the year driven by insatiable demand for artificial intelligence equipment. But after recent jitters sent the stocks tumbling, investors are wondering how much further the rally can go. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Concentrix and Digital Reality Lower; AVAV Jumps

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Concentrix (CNXC) shares are sliding after the call-center company slashed its full-year outlook. Its forecasts for reported revenue and adjusted earnings per share also undershot Wall Street’s expectations. - AeroVironment (AVAV) shares are jumping after the defense company reported fourth-quarter results that topped expectations across key metrics and forecast 2027 revenue that at the midpoint exceeded analysts’ estimate. - Digital Reality (DLR) shares are lower on news it will buy a Blackstone data center stake for $3.5 billion. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Concentrix Tumbles; AVAV Soars; Nike to Report

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Concentrix (CNXC) shares are sliding after the call-center company slashed its full-year outlook. Its forecasts for reported revenue and adjusted earnings per share also undershot Wall Street’s expectations. - AeroVironment (AVAV) shares are jumping after the defense company reported fourth-quarter results that topped expectations across key metrics and forecast 2027 revenue that at the midpoint exceeded analysts’ estimate. - Digital Reality (DLR) shares are lower on news it will buy a Blackstone data center stake for $3.5 billion. - Nike (NKE) is ticking higher ahead of earnings. Nike investors will look for further signs of progress in the company’s comeback effort as Chief Executive Officer Elliott Hill cements a leadership reset. Traders will also seek details about one-time tariff refunds and demand tied to the FIFA World Cup, as well as clarity on a report saying Nike planned to halt online sales by partners in China. The retailer is expected to report results after the market closes Tuesday. - Microsoft (MSFT) shares are slightly higher this morning with the Big Tech giant set for its worth month since 2000. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Abivax Soars, Siemens Energy Up, Mowi's Net Loss

Abivax Soars, Siemens Energy Up, Mowi's Net Loss Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Abivax soared as much as 27% after a clinical-trial update soothed some investors’ concerns about whether cancer could be a potential side effect of the biotech’s most promising experimental drug. - Siemens Energy and other power-exposed industrials are g AI-led capital spending is broadening across key semiconductor, grid, data-center, defence and mining end-markets. - Mowi ASA fell 3.7%. Trading volume was triple the average for this time of day. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.