Take-Two Sinks on GTA Delay, Tesla Shareholders Approve Musk Pay Package, Expedia Rises
On this episode of Stock Movers:- Take-Two (TTWO) delayed the release of Grand Theft Auto VI again, pushing back the much-anticipated video game by six months to November 2026.In a statement Thursday that accompanied quarterly results, Take-Two said it’s giving the Rockstar Games “team some additional time to finish the game with the high level of polish players expect and deserve.” Shares of Take-Two fell as much as 18% to $208 in extended trading after the delay was announced before recovering about half of the loss, overshadowing quarterly results that topped Wall Street estimates.- Tesla (TSLA) shareholders approved a $1 trillion compensation package for Chief Executive Officer Elon Musk, the largest payout ever awarded to a corporate leader. More than 75% of votes were cast in favor of the unprecedented pay plan, the company said Thursday at its annual meeting. The outcome caps a weekslong campaign by the electric vehicle maker’s board, its CEO and prominent retail investors to build support. Tesla shares rose 2.5% as of 5:02 p.m. in postmarket trading Thursday in New York. The stock was up 14% this year through Wednesday’s close, narrowly trailing the 16% advance in the S&P 500 Index.- Expedia (EXPE) raised its full-year gross bookings and revenue outlook, signaling that strong travel trends are continuing into the holiday quarter. Revenue for the year is now expected to increase 6.5% at the midpoint, up from 3% to 5% previously, the company said Thursday in a statement. Shares of Expedia rose as much as 18% in extended trading. The stock has been up 18% so far this year through Thursday’s close.See omnystudio.com/listener for privacy information.
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Nvidia and the AI Selloff, Robinhood Falls, Elf Sinks on Missed Estimates
On this episode of Stock Movers: - Nvidia (NVDA) is on pace for its largest loss in market value since January's DeepSeek selloff. Semiconductor stocks tumbled globally on concerns over lofty valuations for some of the artificial intelligence boom’s biggest winners. - Robinhood (HOOD) shares fell by as much as 5.8% after the trading platform reported cryptocurrency revenue that came in below estimates. Adjusted operating expenses came in higher than expected and the firm said its CFO is leaving. Still, the company beat estimates on net revenue and adjusted ebitda. - Elf Beauty (ELF) shares sink after the cosmetics company’s full-year outlooks for adjusted earnings per share and net sales both missed analysts’ estimates.See omnystudio.com/listener for privacy information.
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EchoStar Drops, Elf Beauty Sinks, CarMax Slumps After Terminating CEO
- EchoStar (SATS) shares drop after the company reported a $16.5 billion impairment charge and agreed to sell more spectrum licenses to Elon Musk’s SpaceX for $2.6 billion as it works to unwind parts of its 5G wireless network.- Elf Beauty (ELF) shares sink after the cosmetics company’s full-year outlooks for adjusted earnings per share and net sales both missed analysts’ estimates. - CarMax (KMX) shares slump after the company terminated its chief executive over lagging sales and its' earnings missed analyst estimates.See omnystudio.com/listener for privacy information.
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Datadog Rises, DoorDash Lower, Duolingo Tank after Weak Earnings Outlook On this episode of Stock Movers:
On this episode of Stock Movers:- Datadog (DDOG) shares rose after the company reported third-quarter results that beat expectations and raised its full-year forecast.- Doordash (DASH) shares sunk after the company said it will spend more on investments next year to build new products and bolster internal tools, weighing on its earnings forecast. The company expects to increase investment in Deliveroo to improve the product and maintain growth, and anticipates spending “several hundred million dollars more” in 2026 on new products and an internal platform.- Duolingo (DUOL) shares tank after the language-learning software company gave a weak fourth-quarter bookings forecast. Analysts note that the management’s focus on user growth weighs on the bookings outlookSee omnystudio.com/listener for privacy information.
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Qualcomm Declines; Snap Soars; Duolingo Plunges
an outlook. Analysts are broadly positive on the report, which showed a profit hit from a US tax change. Qualcomm took a $5.7 billion writedown in period, which contributed to a $3.12 billion net loss. Other tech companies have recently reported hefty one-time charges from tax adjustments, including Meta Platforms Inc.- Shares of Snap Inc. (SNAP) soared ahead of the US market open, after the company announced a $400 million partnership with Perplexity AI to incorporate its AI-powered search engine into its flagship Snapchat app. The deal gives Snap a new business line and puts the social messaging company more squarely into the mix around AI chatbots and assistants. Perplexity’s answer-engine will be integrated into Snapchat’s Chat interface beginning in 2026, according to Snap Chief Executive Officer Evan Spiegel, though the company’s existing My AI chatbot will also be available to users. - Duolingo (DUOL) shares plunged in early trading after the company posted fourth-quarter bookings that trailed estimates. The language-learning company sees bookings in a range of $329.5 million to $335.5 million, while analysts estimated a midpoint of $344.1 million. Fourth-quarter revenue was in line with expectations and the company boosted its revenue guidance for the year as users pay more to chat with AI bots. Duolingo now expects revenue growth of 38% for the year at the midpoint. This is above its previous outlook and Wall Street’s estimated 36% rise. Paid subscribers came in slightly higher than estimates.See omnystudio.com/listener for privacy information.
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