July 1, 2026
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4:40Now PlayingToday's biggest winners and losers in the stock market.
On this episode of Stock Movers:
Schneider Electric has announced a $3.1 billion all-cash deal to acquire Cognite Holding, expanding its industrial data and AI software business. Analysts say the acquisition multiple seems high, but flag that it only represents a bolt-on deal considering Schneider’s market capitalization of about €165 billion.
Associated British Foods reported lower sales at its Primark budget fashion chain and a profit-hit at its sugar unit due to the war in Iran, as the conglomerate prepares to separate its clothing and food divisions.
JD Sports struggles with a tough consumer environment, amidst growing pressure in the sportswear market.
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Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
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Schneider Drops, AB Foods Falls, JD Sports
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