Rheinmetall Sinks, Segro's No, Truecaller Surges

Cerebras and FedEx Dip; Wendy's CFO Change; Micron Up Ahead Earnings

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Cerebras (CBRS) shares are lower after the company gave an annual sales forecast that disappointed investors. Revenue in 2026 will be $855 million to $865 million, Cerebras said, while analysts projected $824.8 million. - FedEx (FDX) is dipping after it reported profit that beat Wall Street’s expectations as the courier navigated tumultuous trade policies and rising costs. The company's profit margin for the past quarter declined to 8.4%, below analysts’ expectations, due to "significant headwinds" including shifting global trade policies and the grounding of its MD-11 cargo jet fleet. - Wendy's (WEN) is rising after it appointed Steve Cirulis as chief financial officer and chief strategy officer, replacing CFO Ken Cook effective June 23. - Micron (MU) is up ahead of a key earnings report after today's closing bell. The earnings will be a big test for the AI trade and memory stocks. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

TKMS Rises, Segro's No, Trainline Falls

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Rheinmetall falls as much as 11% and TKMS shares rise as much as 9.5%. Germany was said to have shelved the purchase of six F126 anti-submarine warships from Rheinmetall, instead buying eight Meko-200 frigates from TKMS, according to people familiar. - Prologis made a £12.6 billion ($16.6 billion) bid to acquire Segro in a major bet on UK data centers, but the London-based company rebuffed what could’ve been the biggest deal for a publicly traded European property firm. - Trainline shares fall as much as 5.4%, the most in a month, as analysts at JPMorgan reiterated their underweight stance despite the company’s appointment of a new CEO, former Flutter UK & Ireland boss Ian Brown. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Rheinmetall Sinks, Segro's No, Truecaller Surges

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Rheinmetall falls as much as 11% and TKMS shares rise as much as 9.5%. Germany was said to have shelved the purchase of six F126 anti-submarine warships from Rheinmetall, instead buying eight Meko-200 frigates from TKMS, according to people familiar. - Prologis Inc. made a £12.6 billion ($16.6 billion) bid to acquire Segro Plc in a major bet on UK data centers, but the London-based company rebuffed what could’ve been the biggest deal for a publicly traded European property firm. - Truecaller surges as much as 12% after SEB Equities upgrades the Swedish caller-ID platform to buy from hold, saying the trough may now have passed and there are signs of growth ahead. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

SK Hynix Rally, TSMC Slides, Zhipu Sale

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Leveraged exchange-traded funds tracking Samsung Electronics Co. or SK Hynix Inc. probably sold a combined $6 billion of the Korean chipmakers’ shares Tuesday to maintain their ratios, underscoring such products are amplifying market moves, Bloomberg Intelligence says. - Taiwan’s Taiex Index slides as much as 2.2%, among the worst performers in the region Wednesday, with tech stocks like TSMC leading declines. - Chinese artificial-intelligence model maker Zhipu is considering a share sale to raise several billion US dollars in Hong Kong, people familiar with the matter said, after soaring 2,000% since its listing in January. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

SpaceX Ekes Gain, Quantinuum Soars, Carnival Drops

Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers: - SpaceX (SPCX) shares ended higher on Tuesday, snapping a three-day selloff that wiped out more than $600 billion from the Elon Musk-led rocket and satellite company’s market value. The stock gained 1% to close at $156.11 after a choppy session that saw shares slip as much as 4.8%, then jump 7.1% before paring much of that advance by market close. The volatility came amid a broad-based slide in technology and other high-momentum stocks after a selloff in Korean chipmakers stoked fears about the rally in companies involved in artificial intelligence. - Quantinuum (QNT) is climbing as traders rotate into quantum‑linked assets after the administration issued sweeping executive orders aimed at accelerating quantum computing, strengthening quantum supply chains and securing national systems against future quantum‑enabled cyber threats. - Carnival (CCL) shares slump as much as 11% on Tuesday after the cruise operator cut its net yield for the full year, citing the prolonged conflict in the Middle East. The company also gave a third-quarter adjusted earnings per share forecast that missed the consensus estimate. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.