On this episode of Stock Movers:

- Eli Lilly (LLY) said Monday it expects its highly anticipated weight-loss pill to receive US regulatory approval as early as the second quarter of 2026, slightly later than it signaled earlier. Drugmakers believe weight-loss pills could expand the market for popular GLP-1 medicines, which up until earlier this year were only sold as injections. In December, Novo Nordisk won approval to sell a pill version of its blockbuster obesity shot Wegovy in the US, a crucial step in its effort to defend its market share from Lilly.

- Shake Shack (SHAK) shares slipped after the burger chain reported preliminary fourth-quarter sales below Wall Street estimates. Preliminary revenue was $400.5 million, below the $409 million average estimate of analysts surveyed by Bloomberg, with Shake Shack blaming inclement weather for keeping diners away. Shake Shack expects sales to expand by low-single digits in 2026, compared with analyst expectations for 2.4% growth, and plans to open 95 to 105 company-operated and licensed locations this year.

- Abercrombie & Fitch (ANF) shares sank after holiday sales disappointed investors, helping spark a selloff in retail stocks. The company now expects fourth-quarter sales growth of around 5%, the mid-point of its prior range, and didn’t raise its outlook. Shares of Abercrombie plummeted 18% on Monday, while American Eagle and Urban Outfitters also sank after their holiday results underwhelmed Wall Street.

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On this episode of Stock Movers:

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

- Alphabet (GOOG) broke above a $4 trillion market capitalization on Monday, becoming one of the few companies to ever cross the threshold as investors increasingly see the Google parent as one of the biggest winners of the artificial intelligence boom. The company recently overtook Apple Inc. to become the second-largest firm, behind Nvidia, and entered a multiyear deal with Apple to power the iPhone maker’s AI technology. Shares closed up 1% at $331.86, translating to a market cap of just over $4 trillion.

-Walmart (WMT) shares are up as much as 3.2%, to a fresh record high, after Nasdaq announced that the retail giant would be added to the Nasdaq 100 Index on Jan. 20.

- Capital One Financial (COF) American Express (AXP) and shares of other US banks sank after President Donald Trump called on credit-card companies to cap interest rates at 10% for a year, a move that could wipe out billions in profits for one of the banking industry’s biggest businesses. Capital One, the largest US card issuer, tumbled as much as 8.2% in New York, the biggest intraday decline in nine months, after the president surprised the industry with a move he said could go into effect next week. American Express dropped 4.2% and JPMorgan Chase & Co., No. 2 in the card rankings, dropped 1.6%.

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On this episode of Stock Movers:

- Capital One (COF), American Express (AMEX), Visa (V), along with shares of other US banks sank after President Donald Trump called on credit-card companies to cap interest rates at 10% for a year, a move that could wipe out billions in profits for one of the banking industry’s biggest businesses. Capital One, the largest US card issuer, tumbled as much as 8.2% in New York, the biggest intraday decline in nine months, after the president surprised the industry with a move he said could go into effect next week. American Express dropped 4.2% and JPMorgan Chase & Co., No. 2 in the card rankings, dropped 1.6%. Card interest rates, which have been hovering above 20% in recent years, have been a target of US lawmakers on both sides of the aisle, with bills popping up proposing similar caps and meeting stiff resistance from the industry. Trump, speaking Sunday to reporters, set a Jan. 20 deadline for companies to comply or risk being “in violation of the law.”

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On this episode of Stock Movers:
- Capital One (COF) shares sink after President Donald Trump called on credit-card companies to cap interest rates at 10% for a year. The cap proposed by the president could wipe out earnings from cards for a year and ruin card economics, according to Mike Mayo, an analyst at Wells Fargo & Co.
- UnitedHealth (UNH) shares fall after a new Senate report found that the company used “aggressive strategies” to maximize diagnoses and boost payments for patients on private Medicare health plans. This adds to pressure on the largest US health insurer.
- Shake Shack (SHAK) shares slip after the burger chain reported preliminary fourth-quarter sales below Wall Street estimates. It's another sign of struggles in the fast-casual restaurant sector.

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On this episode of Stock Movers:
- Capital One (COF) shares sink after President Donald Trump called on credit-card companies to cap interest rates at 10% for a year. The cap proposed by the president could wipe out earnings from cards for a year and ruin card economics, according to Mike Mayo, an analyst at Wells Fargo & Co.
- Abercrombie & Fitch (ANF) shares sank after holiday sales disappointed investors, helping spark a selloff in retail stocks. The company now expects fourth-quarter sales growth of around 5%, the mid-point of its prior range, and didn’t raise its outlook.
- Medline (MDLN) shares rise as analysts started coverage on the medical supplier, which went public last month. Firms are largely positive on its prospects.

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On this episode of Stock Movers:
- A selloff in shares in credit card firms and banks following Trump comments about capping interest rates casts a pall over the US financial sector ahead of a big earnings week for US firms. Trump said that credit-card lenders would be “in violation of the law” if they don’t heed his call to cap interest rates at 10% for one year. That’s sent shares of card issuers such as Capital One, American Express, Citigroup and JPMorgan lower in US pre-market trading, and also weighed on Barclays, which has a US credit card business. Credit card interest rates have been above 20% in recent years and are highly profitable for lenders.
-Allegiant (ALGT) and Sun Country Airlines (SNCY) announced a definitive merger agreement under which Allegiant will acquire Sun Country in a cash and stock transaction at an implied value of $18.89 per Sun Country share.
- Shake Shack (SHAK) shares sink the burger chain reported preliminary revenue for the fourth quarter that missed the consensus estimate.

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On this episode of Stock Movers:
- Shares in credit card and banking firms slide in premarket trading on Monday as President Donald Trump said credit-card lenders would be “in violation of the law” if the firms don’t cap interest rates at 10% for one year.
- UnitedHealth shares slip as much as 3.1% in premarket trading after the Wall Street Journal reported that a Senate committee investigating the company’s practices found that the health insurer deployed “aggressive tactics” to collect payment-boosting diagnoses for its Medicare Advantage members.

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On this episode of Stock Movers:
- An index of precious metals and mining shares in Johannesburg rallied as much as 5.2%, touching its highest intraday level ever, after gold and silver hit records as the US Justice Department threatened the Federal Reserve with a criminal indictment, reviving concerns over its independence. Fresnillo jumped as much as 6.7%.
- Barclays falls as much as 4.8% after President Donald Trump said that credit-card lenders would be “in violation of the law” if they don’t heed his call to cap interest rates at 10% for one year.
- Abivax’s shares surged as much as 31% in early Paris trading as speculation mounted over a possible takeover of the French biotech.

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