🔥📊 Core PPI Data Hint Fed Hike Pause

An episode of the Ainvest Pulse podcast, hosted by Cashcow, titled "🔥📊 Core PPI Data Hint Fed Hike Pause" was published on October 11, 2023 and runs 2 minutes.

October 11, 2023 ·2m · Ainvest Pulse

Summary

Here are the stocks making the most move today: Novo Nordisk shares rose 5.5% after successful preliminary results in a kidney disease treatment trial, positively impacting Eli Lilly, which rose 3.8%. DaVita and Fresenius Medical Care shares dropped by 18.4% and 19.6% respectively due to Novo Nordisk's news, while Baxter International slid 9%. Exxon Mobil shares declined over 4% following the announcement of its $59.5 billion acquisition of Pioneer Natural Resources, whose shares increased by 1%. Humana shares fell by 2% after CEO Bruce Broussard's resignation announcement, whereas Amgen shares went up by 3.5% due to a Leerink upgrade. Shoals Technologies, upgraded to buy by Goldman Sachs, saw a 6.3% stock increase. Ally Financial dipped 3.6% post-CEO Jeffrey Brown's resignation announcement, while Walgreens Boots Alliance gained 1% after Tim Wentworth was named CEO. Coherent shares rose 5.8% following a $1 billion investment announcement in its silicon carbide business and an upgrade by B. Riley. Plug Power shares climbed 3.4% due to a positive revenue forecast, and Take-Two Interactive Software shares increased by 1.2% following an upgrade by Raymond James, anticipating a positive impact from the upcoming Grand Theft Auto 6 release.

Episode Description