EPISODE · May 7, 2026 · 3 MIN
Shell Down, Maersk Dips, Silex Microsystems Soars
from Stock Movers · host iHeartPodcasts
Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Shell said its profit surged in the first quarter as the Iran war drove oil and gas prices higher and the conflict caused a increase in volatility that boosted its big trading business. However, the oil major cut its quarterly share buyback to $3 billion from $3.5 billion.- The CEO of Moller-Maersk said the oil shock caused by the Iran war will significantly raise costs this quarter and next, which the world’s No. 2 container carrier will seek to fully pass on to customers.- Silex Microsystems surged in its first day of trading on Nasdaq Stockholm after an initial public offering that raised about 2 billion Swedish kronor ($220 million) for the specialist microchip-maker and its Chinese shareholder Sai MicroElectronics Inc.See omnystudio.com/listener for privacy information.
NOW PLAYING
Shell Down, Maersk Dips, Silex Microsystems Soars
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.