Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- IREN (IREN) shares skyrocketed on reports that Nvidia (NVDA) is investing as much as $2.1 billion in the data center developer IREN Ltd. as part of a broader partnership between the two companies aimed at accelerating the construction of artificial intelligence infrastructure. IREN has agreed to issue Nvidia a five-year right to purchase as many as 30 million shares at an exercise price of $70, the companies said in a statement Thursday. IREN’s shares soared 21% to $69.29 in after-hours trading on Thursday. Nvidia’s stock was virtually unchanged.
- Block (XYZ) shares surged after it raised its full-year profit forecast following AI-related job cuts announced earlier in the year. The Jack Dorsey co-founded payments company expects gross profit of $12.33 billion by the end of the year, Block said in a statement Thursday. That’s slightly higher than the $12.1 billion that analysts on average estimated. It also forecast adjusted operating income of $3.34 billion, higher than the $3.2 billion projected by analysts. Block’s shares had gained nearly 8% this year before the post-market release.
- Airbnb (ABNB) boosted its annual forecast on robust bookings in the major markets in the Americas, while it posted a big jump in spending as part of an effort to diversify the business. The short-term rental company said it expects annual revenue growth to “accelerate to low- to mid-teens.” In February, Airbnb told investors it anticipated annual sales would gain “at least low double digits.” Analysts, on average, projected a 12% jump, according to data compiled by Bloomberg. The shares gained about 1% in extended trading after closing at $140.46 in New York. The stock had been up about 3.5% this year.
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On this episode of Stock Movers:
- Datadog (DDOG) surged by the most in more than six years after the software developer raised its full-year outlook for sales and earnings, far exceeding Wall Street’s expectations.Revenue is now expected to total $4.3 billion to $4.34 billion, above analysts’ estimates of $4.09 billion on average. The company also raised its adjusted earnings guidance to as much as $2.44 a share, from as much as $2.16 previously.
- Tapestry (TPR) shares decline as much as 10% in trading on Thursday, the most intraday since Nov. 6, as analysts point out that the company’s full-year guidance implies a fourth-quarter slowdown at its Coach brand. Shares had surged 16% this year through Wednesday’s close.
- Whirlpool (WHR) shares tumbled 21% after the household appliance manufacturer more than halved their earnings outlook with the war weighing on consumer demand.
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On this episode of Stock Movers:
- DataDog (DDOG) shares surged by the most in more than six years after the software developer raised its full-year outlook for sales and earnings. Revenue is now expected to total $4.3 billion to $4.34 billion, above analysts’ estimates of $4.09 billion on average. Datadog Chief Executive Officer Olivier Pomel said the company is "aggressively building with and for AI", and has signed deals with "two of the world’s biggest AI research teams" to help them with their training workflows.
- Blue Owl (OWL) shares drop. This comes as Blue Owl Capital is preparing to launch a debut credit secondaries strategy and is in early-stage talks with prospective investors for the fund, according to a person familiar with the matter. The private credit-secondary market allows investors to buy or sell stakes in private-asset funds, often at a discount, and the volume of secondaries transactions nearly doubled last year.
- Shake Shack (SHAK) shares plummeted after the burger chain reported first-quarter revenue that missed expectations due to pressures including rising beef costs and inclement weather. The company reported revenue of $366.7 million, below the analyst estimate for $372.5 million, and comparable sales growth of 4.6% was roughly in line with expectations.
See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Shake Shack (SHAK) shares plummeted after the burger chain reported first-quarter revenue that missed expectations due to pressures including rising beef costs and inclement weather. The company reported revenue of $366.7 million, below the analyst estimate for $372.5 million, and comparable sales growth of 4.6% was roughly in line with expectations.
- DataDog (DDOG) shares surged by the most in more than six years after the software developer raised its full-year outlook for sales and earnings. Revenue is now expected to total $4.3 billion to $4.34 billion, above analysts’ estimates of $4.09 billion on average. Datadog Chief Executive Officer Olivier Pomel said the company is "aggressively building with and for AI", and has signed deals with "two of the world’s biggest AI research teams" to help them with their training workflows.
- Citigroup (C) shares drop. Citigroup Inc. issued new guidance showing it would take the lender more time to catch up to Wall Street peers, with a return on tangible common equity of about 14% to 15% by 2031. The bank's guidance was described as "underwhelming" by some analysts, with investors having looked for a "more aspirational" target of 15% or more over the medium term.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Whirlpool (WHR) is dropping after the household appliance manufacturer cut its revenue forecast for the full year, missing the average analyst estimate.
- Shake Shack (SHAK) is sliding after the burger chain reported adjusted Ebitda and revenue for the first quarter that missed the average analyst estimate, which the company blamed on “significant weather impacts.” The stock had been up 19% YTD through Wednesday’s close.
- Beyond Meat (BYND) is also moving lower after reporting net Q2 revenue that missed estimates.
See omnystudio.com/listener for privacy information.