Stock Movers: XOM, AMZN, RDDT — earnings, Binance hack, Reddit changes


Exxon and Chevron beat earnings; Binance $6.3B hack pressures crypto stocks; Amazon and Intel disappoint on spending and forecasts; Reddit limits forum access to boost user engagement and ad value.

Editorial companion

What stands out

Bloomberg’s clip ties three market moves to three different shocks: energy firms beating quarterly numbers, a $6.3B hack at Binance hurting crypto-related names, and Amazon’s guidance and capex surprise weighing on growth expectations. The podcast notes Exxon and Chevron gained on refining strength even as their longer-run profit trends are weak, while Coinbase and other crypto stocks dropped after the security breach, and Amazon fell after signaling slower core e-commerce growth and higher capital spending than analysts expected.