Stock Movers

On this episode of Stock Movers:
- Reddit (RDDT) shares fall. The Wall Street Journal reported that the social forum company has discussed cutting off Google’s access to its content for AI use.
- GE Vernova (GEV) fall as much as 7.5% after the power equipment manufacturer raised a full-year revenue outlook by what Citi called a “relatively modest” amount and left an outlook for adjusted Ebitda margins unchanged, disappointing investors after a surge in the stock.
- Super Micro Computer (SMCI) shares rose after the server maker issued preliminary results saying its backlog hit a record on new orders in the quarter of more than $60 billion. Sales have surged for Super Micro’s servers fitted with Nvidia Corp. chips for artificial intelligence workloads.
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On this episode of Stock Movers:
-Super Micro Computer (SMCI) shares rose after the server maker issued preliminary results saying its backlog hit a record on new orders in the quarter of more than $60 billion. Sales have surged for Super Micro’s servers fitted with Nvidia Corp. chips for artificial intelligence workloads.
- Pegasystems (PEGA) shares drop after the software company reported adjusted earnings per share for the second quarter that missed the average analyst estimate. The firm said its annual contract value (ACV) growth rate significantly slowed during the first half of the year as clients delayed purchasing decisions, and this trend may continue to adversely affect the ACV growth rate for the rest of the year.
- GE Vernova (GEV) fall as much as 7.5% after the power equipment manufacturer raised a full-year revenue outlook by what Citi called a “relatively modest” amount and left an outlook for adjusted Ebitda margins unchanged, disappointing investors after a surge in the stock.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Super Micro Computer (SMCI) shares jumped after the company issued a business update that included raising its fourth-quarter gross margins outlook and saying the backlog was at a record.
- AT&T (T) is gaining after the telecom company reported second-quarter results that beat expectations on key metrics, including wireless postpaid phone net adds and adjusted earnings.
- Reddit (RDDT) shares are lower after the Wall Street Journal reported that the social forum company has discussed cutting off Google’s access to its content for AI use.

See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Super Micro Computer (SMCI) shares jumped after the company issued a business update that included raising its fourth-quarter gross margins outlook and saying the backlog was at a record.
- AT&T (T) is gaining after the telecom company reported second-quarter results that beat expectations on key metrics, including wireless postpaid phone net adds and adjusted earnings.
- Rocket Lab (RKLB) shares are rising after the company was awarded a $266 million defense contract for suborbital launch.
- GE Veronva (GEV) is lower this morning with a higher full-year revenue outlook falling flat with investors after a rally that had pushed the shares up 65% this year through Tuesday. The company is still facing weakness in its wind unit.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- JD Wetherspoon shares plunge as much as 12% after the pub chain issued a fourth profit warning, despite better weather and the World Cup leading to a recent improvement in sales.
- Santander shares declined as much as 1.6%, among the worst performers on the Stoxx 600 Banks Index, as analysts noted 2Q earnings were unexciting even as the Spanish lender beat estimates.
- Iberdrola fell as much as 3% in Madrid trading after deciding against raising full-year guidance following a 1H beat. The company is also buying a stake in Finland’s main electricity network for €2b, which analysts see as a good strategic fit but at a “full” price.
See omnystudio.com/listener for privacy information.