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Nvidia Rallies, Estee Lauder Rises, Charter Up after Cox Deal | Stock Movers
Posted
May 16, 2025
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May 16, 2025
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3:45Now PlayingOn this episode of Stock Movers:
- Nvidia shares rise and are on track for the best month in a year after a series of long-term sales agreements during President Donald Trump’s trip to the Middle East.Nvidia reports first week of June, but this past earnings season showed its biggest customers remain full-steam ahead on capital spending related to AI infrastructure
- Estee Lauder shares rise after Michael Burry's Scion Asset Management doubled its position in the beauty company.Bloomberg Intelligence's Deborah Aitken said 3Q showed patches of promise, led by some share recovery in the US, China and Japan.
- Charter Communications shares rise after it agreed to combine with Cox Communications in a cash-and-stock deal valued at about $34.5 billion that includes debt.The deal includes about $12.6 billion of net debt and $21.9 billion in equity.
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Nvidia Rallies, Estee Lauder Rises, Charter Up after Cox Deal
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