Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- SK Hynix shares dropped as much as 14% after the memory chipmaker’s highly anticipated US trading debut, with traders citing profit taking and a shift to the American depositary receipts as the main drivers.
- TSMC reported a growth in quarterly sales, meeting high expectations and signaling global demand for AI hardware remains intact.
- MiniMax shares plunged as much as 18%, after JPMorgan slashed the Chinese AI model maker’s price target for the second time in less than a week on value dilution concerns caused by fresh fundraising.
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Earnings are in focus with JPMorgan Chase, United Airlines, and Netflix reporting in the coming days,

Bloomberg’s John Tucker previews what to expect from these companies in the week ahead with Matthew Griffin Bloomberg Equities Reporter.
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On this episode of Stock Movers, we take a look at some of the week's biggest gainers and decliners:
- Meta Platforms' (META) plans to manufacture its in-house AI chip made companies like Applied Materials, Lam Research, and KLA Corp. happy. The AI infrastructure companies' stocks rose, with Lumentum rising 12% and KLA and Lam Research advancing 4.5% and 6.3%, respectively. Meta's decision to move forward with its in-house chip could be a boon for Applied Materials, Lam Research, and KLA, which make wafer fab equipment that turns raw silicon wafers into microchips.
- Paramount Skydance Media (PSKY) shares are trending after a report that U.S. states could sue to block the company’s $110 billion acquisition of Warner Bros. Discovery. States concerned about the deal’s competitive impact could file suit as soon as next week, according to sources familiar with the matter.
- Forte Biosciences shares surge as much as 47%, most intraday since May 2025, after the biotech company said its experimental molecule FB102 showed a statistically significant benefit in vitiligo observed by week 24 after completion of 12-week treatment period.
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On this episode of Stock Movers:
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Griefeld, Carol Massar and Isabelle Lee.
- SK Hynix (SKHYV) American depositary receipts jumped 15% above their offering price, after the South Korean memory chipmaker raised $26.5 billion in the largest-ever US listing by a foreign company. The ADRs trade at $171.41 each at 1:44 p.m. on Friday in New York, versus an offering price of $149 apiece. The successful mega-listing brushed aside concern over recent volatility among chipmakers, demonstrating investors have plenty of appetite for direct exposure to SK Hynix’s dominant position in high-bandwidth memory.
- CrowdStrike (CRWD) stock was down nearly 6% on Friday as investors locked in profits following the stock’s recent rally. The weakness stood out against a stronger broader market. The Nasdaq gained 0.32%, the S&P 500 added 0.31% and the Technology sector rose 0.4%, suggesting the move was driven by stock-specific selling rather than broader market sentiment.
- WD-40 (WDFC) stock jumped 21% in early trading Friday after its earnings highlighted the value in having a good product and knowing how to sell it. Revenue jumped 24% to $195.1 million in the company's fiscal third quarter, driven by sales of its flagship WD-40 Multi-Use product across the world.
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Today's biggest winners and losers in the stock market, a look at the notable movers:

On this episode of Stock Movers:
- Credit rating firm S&P Global Ratings downgraded Oracle (ORCL) to the lowest investment-grade rating, citing the tech company’s growing spending on artificial intelligence. S&P said Oracle’s AI business needs significant upfront investment and long-term data center leases, and expects Oracle’s operations to burn through $42 billion of cash in fiscal 2027.

- SK Hynix American depositary receipts jumped 15% above their offering price, after the South Korean memory chipmaker raised $26.5 billion in the largest-ever US listing by a foreign company. The ADRs trade at $171.41 each at 1:44 p.m. on Friday in New York, versus an offering price of $149 apiece. The successful mega-listing brushed aside concern over recent volatility among chipmakers, demonstrating investors have plenty of appetite for direct exposure to SK Hynix’s dominant position in high-bandwidth memory.

-Meta (META) is outperforming Magnificent 7 stocks on Friday after research firm SemiAnalysis posted a positive report on the social media giant’s AI compute business.
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