Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
Stock Movers: JPMorgan Chase, Johnson & Johnson, Globalstar
Stock Movers
JPMorgan Chase, Johnson & Johnson, Globalstar
On this episode of Stock Movers: - JPMorgan Chase (JPM) shares fall. The largest US bank cut its net interest income forecast for the full year. This comes despite traders posting their highest-ever quarterly revenue in the first three months of the year, with record stock-trading results. - Johnson & Johnson (JNJ) shares rise. Johnson & Johnson reported first-quarter sales above Wall Street’s expectations and bumped up its outlook for the year, led by strong growth of new cancer medicines and a drug for treatment-resistant depression. - Globalstar (GSAT) shares gain. Amazon agreed to acquire the company for $90 a share in cash and stock to extend satellite coverage and enable direct-to-device services. Amazon’s proposed acquisition of Globalstar and agreement with Apple positions the company to become a third major player in the direct-to-device market alongside SpaceX and AST SpaceMobile, according to analyst Louie DiPalma.
Apr 14, 2026