Uploaded August 2026 | Updated September 2026, 2 weeks ago
On this episode of Stock Movers:
- PG&E (PGE) are extending their downward move as California legislators introduced a bill that would update the state’s wildfire response without shifting liability away from publicly traded utilities. At least three research firms, including BMO Capital Markets and Wells Fargo, downgraded the stock.
- Chevron (CVX) and ExxonMobil (XOM) shares are rising along with the price of oil. Washington and Tehran exchanged strikes for the first time in about a month, with US Central Command targeting rocket launchers preparing to send mines into the Strait of Hormuz. In response, the Islamic Revolutionary Guard Corps said that it had attacked US air bases in Jordan.
- Nvidia (NVDA) shares are rising after the leader in AI chips dropped 4.6% Friday. It's the only stock rising in the Mag 7 on Monday.
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On this episode of Stock Movers:
- PG&E (PGE) are extending their downward move as California legislators introduced a bill that would update the state’s wildfire response without shifting liability away from publicly traded utilities. At least three research firms, including BMO Capital Markets and Wells Fargo, downgraded the stock.
- Chevron (CVX) and ExxonMobil (XOM) shares are rising along with the price of oil. Washington and Tehran exchanged strikes for the first time in about a month, with US Central Command targeting rocket launchers preparing to send mines into the Strait of Hormuz. In response, the Islamic Revolutionary Guard Corps said that it had attacked US air bases in Jordan.
- Nvidia (NVDA) shares are rising after the leader in AI chips dropped 4.6% Friday. It's the only stock rising in the Mag 7 on Monday.
--------
Watch Bloomberg Radio LIVE on YouTube
Weekdays 7am-6pm ET
Saturday & Sunday 7am-10am ET
WATCH HERE: bit.ly/3vTiACF
Follow us on X: twitter.com/BloombergRadio
Subscribe to our Podcasts:
Bloomberg Daybreak: bit.ly/3DWYoAN
Bloomberg Surveillance: bit.ly/3OPtReI
Bloomberg Intelligence: bit.ly/3YrBfOi
Balance of Power: bit.ly/3OO8eLC
Bloomberg Businessweek: bit.ly/3IPl60i
Listen on Apple CarPlay and Android Auto with the Bloomberg Business app:
Apple CarPlay: apple.co/486mghI
Android Auto: bit.ly/49benZy
Visit our YouTube channels:
Bloomberg Podcasts: youtube.com/bloombergpodcasts
Bloomberg Television: youtube.com/@markets
Bloomberg Originals: youtube.com/bloomberg
Quicktake: youtube.com/@BloombergQuicktake
