On this edition of Stock Movers:
- ON Semi (ON) rallied Tuesday as members on its management team spoke at the Bank of America 2025 Global Technology Conference. At the conference, CEO Hassane El-Khoury discussed that non-AI chips - which ON focuses on - could be heading toward a rebound. It was the best performing stock in the S&P 500.

- Norwegian Cruise (NCLH) shares were among the best performing stocks of the week. Investors sent the stock higher as the company's booking trends seem to be improving.

- Brown-Forman (BF/B) shares plummeted the most since 2008 after it reported results that trailed expectations while projecting a sales decline for the current fiscal year. The owner of Jack Daniel's brand also sees organic net sales, which strip out items such as currency fluctuations, declining in a low-single digit range for the fiscal year that runs through April 2026. Brown-Forman is anticipating a challenging operating environment this year, “with low visibility due to macroeconomic and geopolitical volatility as we face headwinds from consumer uncertainty,” the company said in the earnings statement. The firm also cited potential impact from tariffs not yet in place.

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On this episode of Stock Movers:
- Lululemon (LULU) shares tumble after the company posted a second straight disappointing quarter, with projected sales and profit below analyst estimates, due to rising competition, new tariffs, and a shift away from yoga pants.
- Broadcom (AVGO) shares fall after the chipmaker gave a forecast that isn’t seen as strong enough to extend the stock’s recent strength. However, analysts note positive AI trends.
- Circle Internet Group (CRCL) shares rise after the company and its shareholders raised nearly $1.1 billion in an initial public offering that was upsized twice amid strong demand.

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On this episode of Stock Movers:
- Telsa (TSLA) shares are moving higher this morning as the possibility of easing tensions between owner Elon Musk and President Donald Trump takes shape. The dispute began over differences on the GOP tax legislation, with Musk opposing the bill and Trump accusing Musk of being motivated by self-interest. After Tesla shares tanked 14% and Musk's personal wealth dropped by $34 billion, Musk signaled a willingness to cool tensions with Trump, responding to a user's advice to "cool off and take a step back for a couple days" with "Good advice."
- Lululemon (LULU) share are plunging in premarket trading as the athletic wear maker is reducing its earnings per share outlook by about 2.5% for the full year. It also sees sales below analysts estimates. Lululemon is trying to manage supply chains affected by President Trump's trade wars, and its guidance assumes 30% tariffs on China and 10% on other countries, which could cause a "significant reduction" in profitability.
- Broadcom (AVGO) share are sinking this morning as the chip supplier to companies like Alphabet and Apple gave a lackluster revenue forecast for the current quarter. Analysts suggest that the Artificial Intelligence spending frenzy isn't as strong as some investors anticipated. Like Nvidia, the company is seen as a key beneficiary of a surge in AI spending.

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