Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Broadcom (AVGO) delivered a solid sales forecast and announced a stock buyback plan worth as much as $10 billion, signaling that its push to capitalize on AI spending is paying off. Revenue will be about $22 billion in the fiscal second quarter, which ends May 3, the company said in a statement Wednesday. Analysts had estimated $20.5 billion on average, with some projections topping $22 billion, according to data compiled by Bloomberg. But the company has also faced skepticism about its AI prospects, with Broadcom shares falling 8.3% this year through the close. They rose about 2% after the results were released.
- Coinbase (COIN) shares rallied one day after Politico reported that the company's CEO Brian Armstrong met privately with President Donald Trump. More broadly, cryptocurrency-linked stocks are rose in trading on Wednesday as Bitcoin rebounded after a selloff spurred by the escalating conflict in the Middle East.
- Moderna (MRNA) agreed to pay $950 million to settle litigation related to the delivery technology behind its Covid shot, removing a looming financial risk for the struggling vaccine maker. The company has settled all litigation worldwide with Arbutus Biopharma Corp. and Genevant Sciences GmbH over its existing and future vaccines, with no future royalties owed. Investors cheered Moderna’s decision to put the case behind it and a lower settlement than feared.
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Today's biggest winners and losers in the stock market.
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 Greifeld, Carol Massar and Tim Stenovec.
-Coinbase (COIN) shares rallied for its best day since February 13. The big surge in investor interest comes one day after Politico reported that President Trump met privately the company's CEO Brian Armstrong.
-Ross Stores (ROST) shares rallied after the off-price apparel and home accessories retailer reported comparable sales growth for the fourth quarter of 9%, easily beating the consensus growth estimate of 4.9%. Momentum has continued, with management stating it is “very encouraged by the strong start to the Spring season.”
- Apple (AAPL) rolled out the $599 MacBook Neo in its biggest push yet into low-end laptops, aiming to challenge Windows PCs and Chromebooks for budget-minded shoppers. The machine is $400 less than any new-generation laptop Apple has sold before, coming in well below the now $1,099 MacBook Air. The MacBook Neo will be offered in citrus, silver, indigo and blush color options, potentially making it appealing both to students and mainstream consumers. Investor response to the new was tepid. Shares of the tech giant slipped during trading on Wednesday.
See omnystudio.com/listener for privacy information.

Today’s biggest winners and losers in the stock market.
On this episode of Stock Movers:
-Abercrombie & Fitch (ANF) shares fell as much as 9.4%, the most intraday since Jan. 12, after the apparel retailer’s forecast for first quarter net sales growth and profits trailed the consensus estimates. Fourth quarter comparable sales performance also missed expectations, with Hollister growth failing to reach expectations.
-Wix (WIX) shares rose as analysts pointed to signs of positive momentum, especially at its AI-powered platform Base44. However, they also noted that the results were mixed and flag that investments being made by the company will weigh on margins.
- Moderna (MRNA) agreed to pay $950 million to settle litigation related to the delivery technology behind its Covid shot, removing a looming financial risk for the struggling vaccine maker. The company has settled all litigation worldwide with Arbutus Biopharma Corp. and Genevant Sciences GmbH over its existing and future vaccines, with no future royalties owed. Investors cheered Moderna’s decision to put the case behind it and a lower settlement than feared. The company’s shares rose in Wednesday trading.
See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Moderna (MRNA) shares rise after the company agreed to pay $950 million to settle litigation related to the delivery technology behind its Covid shot, removing a looming financial risk for the struggling vaccine maker. The company has settled all litigation worldwide with Arbutus Biopharma Corp. and Genevant Sciences GmbH over its existing and future vaccines, with no future royalties owed.
- Abercrombie & Finch (ANF) drops after the apparel retailer’s forecast for first quarter net sales growth and profits trailed the consensus estimates. Fourth quarter comparable sales performance also missed expectations, with Hollister growth failing to reach expectations.
- Brown-Forman (BF) shares gains ahead of the bell after the alcohol beverage company reported earnings per share for the third quarter that beat the average analyst estimate. Net sales were also slightly better. Management reiterated its annual guidance, though stated that the operating environment for fiscal 2026 continues to be “challenging” and visibility is low due to “macroeconomic and geopolitical volatility.
See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Abercrombie & Finch (ANF) drops after the apparel retailer’s forecast for first quarter net sales growth and profits trailed the consensus estimates. Fourth quarter comparable sales performance also missed expectations, with Hollister growth failing to reach expectations.
- Tesla (TSLA) shares gain as Bank of America Global Research analyst Alexander Perry reinstated coverage of the electric vehicle company with a recommendation of buy “as we view it as the current leader in consumer autonomy.”
- United Airlines (UAL) shares are mixed. Sentiment received a boost after the New York Times reported that Tehran had made indirect contact with the US to negotiate an end to the conflict. Then Iran denied the report that's been driving market sentiment.
See omnystudio.com/listener for privacy information.