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Constellation Brands Down on Earnings; Intel Up on Terafab | Stock Movers

Bloomberg Markets Wednesday 07 October 2026, 15:34 UTC 1 min read
Key Points

On this episode of Stock Movers: - Constellation Brands (STZ) is lower after the maker of Modelo Especial and Corona Extra reaffirmed its comparable earnings per share forecast for the full year. The company also announced the acquisition of SpikedAde, a vodka-based drink brand. - SpaceX (SPCX) shares are lower this morning as Elon Musk’s SpaceX is in talks with banks and investors to raise $40 billion to buy chips from Nvidia.

On this episode of Stock Movers: - Constellation Brands (STZ) is lower after the maker of Modelo Especial and Corona Extra reaffirmed its comparable earnings per share forecast for the full year. The company also announced the acquisition of SpikedAde, a vodka-based drink brand. - SpaceX (SPCX) shares are lower this morning as Elon Musk’s SpaceX is in talks with banks and investors to raise $40 billion to buy chips from Nvidia. SpaceX’s fundraising discussions are in an early stage and could end without a deal being completed, with Pacific Investment Management Co. and Apollo Global Management Inc. involved. - Intel (INTC) shares are higher as CEO Lip-Bu Tan said the company will continue working with Elon Musk on Terafab. (Source: Bloomberg)
Constellation Brands Down (ORG) Intel (ORG) Terafab | Stock Movers (ORG) Stock Movers (ORG) STZ (ORG) Modelo Especial (ORG) Corona (ORG) SpikedAde (ORG) SpaceX (ORG) Elon Musk’s (PERSON) Nvidia (ORG) Pacific Investment Management Co. (ORG) Apollo Global Management Inc. (ORG) INTC (ORG) Lip-Bu Tan (PERSON)
Originally published by Bloomberg Markets Read original →

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