SpaceX and Constellation Brands Lower; Intel Higher | Stock Movers

By Bloomberg Podcasts

Community Score: 50% | 140 views | 1w

0 community ratings: null thumbs up, null thumbs down

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Constellation Brands (STZ) is lower after the maker of Modelo Especial and Corona Extra reaffirmed its comparable earnings per share forecast for the full year. The company also announced the acquisition of SpikedAde, a vodka-based drink brand. - SpaceX (SPCX) shares are lower this morning as Elon Musk’s SpaceX is in talks with banks and investors to raise $40 billion to buy chips from Nvidia. SpaceX’s fundraising discussions are in an early stage and could end without a deal being completed, with Pacific Investment Management Co. and Apollo Global Management Inc. involved. - Intel (INTC) shares are higher as CEO Lip-Bu Tan said the company will continue working with Elon Musk on Terafab. See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information. Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies

Tags: Business, Business News, Daily News, News, bloomberg, bloomberg news, business, finance, investing, investing news, markets, markets news, podcast, radio, stock, stock market, stocks, stocks podcast