Super Micro Computer Falls, Chewy Drops, Cracker Barrel Soars as Outlook Boost Spurs Upgrade

Robinhood Rises, Super Micro Computer Drops, Oracle Gains With Focus on Data Center Projects On this episode of Stock Movers:

On this episode of Stock Movers: -Robinhood (HOOD) shares rise. Cantor Fitzgerald raised its price target on the exchange to $110 from $100 as it sees upside from prediction markets. Analyst Ramsey El-Assal notes that Kalshi captures the underlying exchange economics of Robinhood’s prediction markets volumes, but sees Robinhood’s recent Rothera prediction market joint venture capturing the majority of these economics over time. -Super Micro (SMCI) shares fall. The company said it plans $7 billion in equity and equity-linked financing transactions to fund component purchases to satisfy around $39 billion in AI server orders it has received from customers. -Oracle (ORCL) shares gain. Oracle Corp. is scheduled to report quarterly results Wednesday with Wall Street watching to see how quickly the company can get massive AI data center projects built so it can convert cloud bookings into revenue. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Super Micro Computer Falls, Chewy Drops, Cracker Barrel Soars as Outlook Boost Spurs Upgrade

On this episode of Stock Movers: -Super Micro (SMCI) shares fall. The company said it plans $7 billion in equity and equity-linked financing transactions to fund component purchases to satisfy around $39 billion in AI server orders it has received from customers. -Chewy (CHWY) shares drop. The company cut its full-year revenue outlook as Americans rein in spending on their pets — one of the few household expenses that have remained fairly shielded as inflation worries bite.  -Cracker Barrel (CBRL) shares jump as much as 35% on Wednesday, the most intraday on record, after the restaurant chain boosted its revenue guidance for the full year, beating the average analyst estimate. The results prompted Wells Fargo to raise its recommendation on the stock to overweight. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Cracker Barrel and Chewy Guidance; Freight Selloff

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Cracker Barrel (CRBL) is rising after the restaurant chain boosted its revenue guidance for the full year, beating the average analyst estimate. Short interest is about 27% of float, according to S3 Partners data. - Chewy (CHWY) shares are up after the online retailer of pet food and pet-related products reported better-than-expected first quarter results. Management cut the full year net sales outlook, but maintained its adjusted Ebitda margin guidance. - FedEx Freight (FDXF) is sliding after Amazon expanded its LTL freight offering to all destinations in the US, including third-party warehouses, distribution centers and retail partners. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Super Micro Seeks Equity Deal; TSMC Sales Rise; Cracker Barrel Guidance

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Super Micro (SMCI) shares are moving this morning as it plans to raise $7 billion through a package of equity offerings to purchase the components needed to fulfill customers’ orders for the company’s artificial intelligence servers. - TSMC (TSM) shares are moving after it reported a 30% rise in its monthly sales, reflecting continued strength in demand spurred by a global rush to build AI infrastructure. - Cracker Barrel (CRBL) is rising after the restaurant chain boosted its revenue guidance for the full year, beating the average analyst estimate. Short interest is about 27% of float, according to S3 Partners data. - Oracle (ORCL) is dropping ahead of earnings, which it will report after the closing bell. Cloud infrastructure sales are expected to have jumped 91% over the last quarter. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

WH Smith Cuts, HSBC Falls, BT slips

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - WH Smith lowered its profit outlook and set out a plan to raise capital as the fallout from the conflict in the Middle East weighs on sales at the retailer’s network of airport stores. - HSBC and Standard Chartered fall in HK, tracking losses in their London-listed shares, as JPMorgan analysts said new regulations in China will make entry of net new money to private banking harder than previously expected because of higher compliance costs and due diligence requirements. - BT shares fall as much as 8.4% after the Financial Times reported that VodafoneThree tabled a bid for consumer operations of TalkTalk, which mostly relies on BT’s Openreach network for broadband services. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.