On this episode of Stock Movers:
- Kratos (KTOS) shares rise. US defense stocks rally after President Donald Trump said he wants to increase the country’s military budget by about 50% to $1.5 trillion in 2027.
- Constellation Brands (STZ) shares surge, the most intraday since November 2020, after the maker of Modelo Especial and Corona reported comparable EPS and net sales for the third quarter that beat consensus and reaffirmed its full-year forecast.
- Warner Bros Discovery (WBD) shares drop. Paramount Skydance reaffirmed its offer to buy Warner Bros. Discovery Inc. for $30 a share, insisting its hostile bid is superior to one from Netflix Inc. despite multiple rejections by Warner Bros.’ board.

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On this episode of Stock Movers:
- US defense stocks rally premarket after President Trump said he wants to increase the country’s military budget by about 50% to $1.5 trillion in 2027. The President also issued an executive order aimed at limiting executive compensation and stopping buybacks and dividends for companies unless they invest in speeding weapons development. Bernstein says questions abound regarding each of the president’s actions, but that it’s clear both military spending and scrutiny over its recipients will grow.
- President Trump wrote that he is immediately taking steps to “ban large institutional investors from buying more single-family homes” in an effort to foster housing affordability. Housing related stocks were especially hard hit. Blackstone, the private equity firm that is a major investor in residential real estate, lost 5.6%. Home rental company American Homes 4 Rent fell 4.3%, while Invitation Homes Inc. sank 6%.
- Constellation Brands (STZ) shares are up after the maker of Modelo Especial and Corona reported comparable EPS and net sales for the third quarter that beat consensus and reaffirmed its full-year forecast.

See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- US defense stocks advance in premarket trading on Thursday after President Donald Trump said he wants to increase the country’s military budget by about 50% to $1.5 trillion in 2027.
- China plans to approve some imports of Nvidia's (NVDA) H200 chips as soon as this quarter, according to people familiar with the situation, giving the company renewed access to a critical market. Chinese officials are preparing to allow local companies to buy the component from Nvidia for select commercial use, said the people, who asked not to be identified because the deliberations are private.
- Constellation Brands shares are up after the maker of Modelo Especial and Corona reported comparable EPS and net sales for the third quarter that beat consensus and reaffirmed its full-year forecast.

See omnystudio.com/listener for privacy information.