Avalon Purnell
Person
Avalon Purnell is an equities reporter for Bloomberg News based in New York, specializing in the biotech and healthcare sectors. She previously gained international reporting experience while working in Berlin.
What Avalon Purnell has said on podcasts
135 statements
Meta’s Muse is helping drive its shares toward a $2 trillion valuation.
“the tool is really helping to push the shares even close to the $2 trillion mark”
Open the episode · Weekly Roundup: Meta's AI-Driven Rally, Gen Digital Drops, Moderna SurgesListen at 1:09
Gen Digital shares fell 25%, their worst weekly decline since 2020.
“they dropped 25% this week to have their worst weekly drop since 2020”
Open the episode · Weekly Roundup: Meta's AI-Driven Rally, Gen Digital Drops, Moderna SurgesListen at 2:19
Moderna shares rose 29%, reaching their highest level since 2022.
“It surged 29% to end the week at its highest level since 2022”
Open the episode · Weekly Roundup: Meta's AI-Driven Rally, Gen Digital Drops, Moderna SurgesListen at 3:00
Moderna’s personalized cancer vaccine could address other markets with higher TAM.
“that it could actually hit other areas that maybe could have a higher TAM”
Open the episode · Weekly Roundup: Meta's AI-Driven Rally, Gen Digital Drops, Moderna SurgesListen at 3:24
CrowdStrike will report earnings the following Wednesday.
“the company is going to also be reporting earnings next Wednesday”
Open the episode · Weekly Roundup: Moderna Skyrockets, Crowdstrike Sinks, Estée Lauder JumpsListen at 2:53
Estée Lauder’s quarterly profit and sales exceeded expectations.
“the beauty company reported profit and sales metrics that topped expectations for the quarter”
Open the episode · Weekly Roundup: Moderna Skyrockets, Crowdstrike Sinks, Estée Lauder JumpsListen at 3:16
Investors prefer Estée Lauder remaining independent rather than merging with a Spanish brand.
“investors are a lot happier that they decided to stay as a standalone”
Open the episode · Weekly Roundup: Moderna Skyrockets, Crowdstrike Sinks, Estée Lauder JumpsListen at 4:01
Flowers Foods is the second-largest U.S. packaged baked-goods producer.
“they're actually the second largest producer of packaged baked goods in the US”
Open the episode · Flower Foods Slides, Ross Stores Gains After Earnings, Moderna FallsListen at 1:07
Flowers Foods cut its full-year forecast because of a more cautious outlook.
“the company slashed its full year forecast to reflect a more cautious view moving forward”
Open the episode · Flower Foods Slides, Ross Stores Gains After Earnings, Moderna FallsListen at 1:25
Ross Stores shares were gaining about 7% after hours.
“they're gaining about 7% post market”
Open the episode · Flower Foods Slides, Ross Stores Gains After Earnings, Moderna FallsListen at 2:29
Ross Stores would still have exceeded expectations substantially without tariff refunds.
“even if you take that out they still would have beaten by a really healthy margin”
Open the episode · Flower Foods Slides, Ross Stores Gains After Earnings, Moderna FallsListen at 2:56
Moderna shares fell about 24%, marking their worst day on record.
“falling about 24% to notch its worst day on record”
Open the episode · Flower Foods Slides, Ross Stores Gains After Earnings, Moderna FallsListen at 3:29
Walmart is expected to use tariff refunds for rollbacks that drive future business gains.
“they also expect Walmart to be fairly vocal about how exactly they're using those tariff refunds to fund rollbacks and ultimately drive future business gains”
Open the episode · Week Ahead: Target, Walmart, DeereListen at 3:05
Deere expects 2026 to mark the trough in its agricultural cycle.
“investors will be looking for more data that reinforces Deere's view that 2026 will be the trough”
Open the episode · Week Ahead: Target, Walmart, DeereListen at 4:01
RBC is focused on the pace of Deere’s recovery.
“RBC also highlighting that their big question is continuing to be what exactly does the pace of Deere's recovery look like”
Open the episode · Week Ahead: Target, Walmart, DeereListen at 4:42
Deere options imply a potential post-earnings move of nearly 5%.
“the options market also continuing to price a potential move of nearly 5% after the company reports earnings”
Open the episode · Week Ahead: Target, Walmart, DeereListen at 5:14
Reddit’s stock remains down about 20% year to date.
“the company does remain down about 20% this year”
Open the episode · Reddit Rises, Applied Materials Falls, Aerovironment Gains After US Imposes Tariffs on SystemsListen at 1:27
Concerns persist about AI-related content-access deals involving Reddit, Google, and others.
“concerns about AI and also how exact they're going to be weighing these various deals of Google and others about accessing their content for AI use”
Open the episode · Reddit Rises, Applied Materials Falls, Aerovironment Gains After US Imposes Tariffs on SystemsListen at 1:30
Applied Materials reported modest third-quarter upside and disappointing fourth-quarter guidance.
“the semiconductor manufacturer reported only modest upside in its third quarter results and gave a fourth quarter outlook that generally disappointed Stifel”
Open the episode · Reddit Rises, Applied Materials Falls, Aerovironment Gains After US Imposes Tariffs on SystemsListen at 1:51
Applied Materials’ results were insufficient despite being positive.
“good is sometimes not good enough”
Open the episode · Reddit Rises, Applied Materials Falls, Aerovironment Gains After US Imposes Tariffs on SystemsListen at 2:14
The Trump administration plans a 100% tariff on imported unmanned aircraft systems and components.
“the Trump administration said that it plans to apply a 100% tariff on imports of unmanned aircraft systems and their components”
Open the episode · Reddit Rises, Applied Materials Falls, Aerovironment Gains After US Imposes Tariffs on SystemsListen at 2:46
The tariff is intended to accelerate development of the US drone industry.
“this tariff really represents just another big push to rapidly build the US Drone industry”
Open the episode · Reddit Rises, Applied Materials Falls, Aerovironment Gains After US Imposes Tariffs on SystemsListen at 2:56
Expanding US drone production has become a national priority.
“expanding production has become a national priority”
Open the episode · Reddit Rises, Applied Materials Falls, Aerovironment Gains After US Imposes Tariffs on SystemsListen at 3:03
The tariff news is pushing Avex and Unusual Machines shares higher.
“that news is also sending other drone makers like Avex and drone parts company maker Unusual Machines higher this morning as well”
Open the episode · Reddit Rises, Applied Materials Falls, Aerovironment Gains After US Imposes Tariffs on SystemsListen at 3:06
The Trump administration has encouraged companies to pursue larger mergers.
“the Trump administration has emboldened a lot of companies to go big and to think big for mergers.”
Open the episode · Sandisk Rises; Tapestry Ticks Higher; Phillips 66 GainsListen at 4:13
Limited upside in earnings or guidance causes investors to hesitate.
“if it doesn't have a lot of upside, it's giving a lot of investors pause.”
Open the episode · Workday Soars, Applied Materials Slumps, Tapestry SlidesListen at 1:53
Workday has been significantly harmed by the SaaS downturn.
“They've been a major victim of the SaaS apocalypse.”
Open the episode · Workday Soars, Applied Materials Slumps, Tapestry SlidesListen at 2:49
Tapestry shares have risen substantially because of popularity among younger shoppers.
“Tapestry has really been seeing a large pop in shares given that popularity amongst Gen Z and millennial shoppers.”
Open the episode · Workday Soars, Applied Materials Slumps, Tapestry SlidesListen at 4:36
Nvidia tapped Apollo and other firms to source $500 billion for AI development and infrastructure.
“Nvidia tapped the asset manager alongside a slew of other firms like Blackstone and BlackRock to source $500 billion in financing for AI development and infrastructure.”
Open the episode · Apollo Global Rises on Yankees Deal, Webtoon Falls, Bending Spoons GainsListen at 1:05
Apollo’s sports arm signed a $2.6 billion financing deal with the New York Yankees.
“Apollo Sports arm also inked a $2.6 billion financing deal with the New York and Yankees as well.”
Open the episode · Apollo Global Rises on Yankees Deal, Webtoon Falls, Bending Spoons GainsListen at 1:16
The booming AI market continues to increase Super Micro Computer sales.
“the booming AI market continues to bolster sales for this company”
Open the episode · Super Micro Gives Rosy Sales Forecast, CoreWeave's Revenue Surges, Cava Sales JumpListen at 1:25
Super Micro Computer benefits from rising demand for AI equipment.
“It also continues to benefit from surging demand for equipment to train and run a test task.”
Open the episode · Super Micro Gives Rosy Sales Forecast, CoreWeave's Revenue Surges, Cava Sales JumpListen at 1:28
Webtoon forecast third-quarter revenue and adjusted EBITDA below Wall Street expectations.
“the Korean WebComics platform forecast third quarter revenue and adjusted Ebitda. That trailed Wall Street's expectations”
Open the episode · Apollo Global Rises on Yankees Deal, Webtoon Falls, Bending Spoons GainsListen at 2:21
Cava's second-quarter sales grew faster than expected.
“Sales rose a lot faster than expected for the second quarter.”
Open the episode · Super Micro Gives Rosy Sales Forecast, CoreWeave's Revenue Surges, Cava Sales JumpListen at 3:30
Americans remain willing to buy when companies offer affordability and quality.
“Americans are still willing to buy if companies kind of hit the right notes along that affordability and quality side as well.”
Open the episode · Super Micro Gives Rosy Sales Forecast, CoreWeave's Revenue Surges, Cava Sales JumpListen at 3:46
Mizuho raised Bending Spoons’ price target to a Street-high $72.
“Mizuho boosted its price target on the company to a street high of $72 ahead of bedning spoon's first earnings report.”
Open the episode · Apollo Global Rises on Yankees Deal, Webtoon Falls, Bending Spoons GainsListen at 3:48
Bending Spoons buys distressed software apps using a private-equity-style strategy.
“this is an Italian company that pursues a sort of private equity esque style playbook to buy distressed software apps.”
Open the episode · Apollo Global Rises on Yankees Deal, Webtoon Falls, Bending Spoons GainsListen at 3:57
Bending Spoons bought Airtable for about $2.25 billion, below its earlier peak valuation.
“they just bought airtable for about $2.25 billion, which is far below their earlier peak value of about $11.7 billion.”
Open the episode · Apollo Global Rises on Yankees Deal, Webtoon Falls, Bending Spoons GainsListen at 4:06
SpaceX’s capital expenditure levels concern investors.
“the capex levels are a major concern for investors”
Open the episode · SpaceX Falls, Eli Lilly Jumps, Davita Slides as US Dialysis Revenue Misses EstimatesListen at 1:24
SpaceX will require over $400 billion in funding to break even.
“SpaceX will need more than $400 billion in funding to hit break even.”
Open the episode · SpaceX Falls, Eli Lilly Jumps, Davita Slides as US Dialysis Revenue Misses EstimatesListen at 1:28
SanDisk forecast first-quarter revenue below expectations.
“the semiconductor maker forecast revenue for their first quarter that missed expectations quite a bit”
Open the episode · SanDisk Plunges, SpaceX Falls, Eli Lilly JumpsListen at 1:29
SpaceX’s lockup expiration is contributing to current stock weakness.
“the lockup expiration is also contributing to stock weakness today.”
Open the episode · SpaceX Falls, Eli Lilly Jumps, Davita Slides as US Dialysis Revenue Misses EstimatesListen at 1:34
SpaceX shares worth $101 billion will become tradable tomorrow.
“those $101 billion worth of shares become available for trading tomorrow.”
Open the episode · SpaceX Falls, Eli Lilly Jumps, Davita Slides as US Dialysis Revenue Misses EstimatesListen at 1:39
SpaceX’s stock remains well below its $135 IPO price.
“this stock that remains well below the 135ipo price.”
Open the episode · SpaceX Falls, Eli Lilly Jumps, Davita Slides as US Dialysis Revenue Misses EstimatesListen at 1:45
Eli Lilly’s strong second-quarter results increased its 2026 sales guidance.
“the firm's better than expected second quarter results led to a boost in 2026 sales guidance.”
Open the episode · SpaceX Falls, Eli Lilly Jumps, Davita Slides as US Dialysis Revenue Misses EstimatesListen at 1:59
Eli Lilly’s results will ease fears that the obesity-drug boom is slowing.
“these results are definitely going to assuage some fears from investors that the obesity drug boom is starting to slow down”
Open the episode · SpaceX Falls, Eli Lilly Jumps, Davita Slides as US Dialysis Revenue Misses EstimatesListen at 2:18
DaVita’s US dialysis revenue missed estimates.
“their US dialysis revenue missed estimates.”
Open the episode · SpaceX Falls, Eli Lilly Jumps, Davita Slides as US Dialysis Revenue Misses EstimatesListen at 2:42
DaVita’s US dialysis EBIT continues to miss expectations.
“the US Dialysis EBIT continues to fall short”
Open the episode · SpaceX Falls, Eli Lilly Jumps, Davita Slides as US Dialysis Revenue Misses EstimatesListen at 2:54
SpaceX will need about $400 billion in funding to break even.
“SpaceX will need about $400 billion in funding to hit that break even point”
Open the episode · SanDisk Plunges, SpaceX Falls, Eli Lilly JumpsListen at 3:50
SpaceX spending is unlikely to end soon.
“the spending doesn't exactly look like it's going to be ending anytime soon”
Open the episode · SanDisk Plunges, SpaceX Falls, Eli Lilly JumpsListen at 3:56
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
28 episodes featuring Avalon Purnell
Stock Movers
Three stocks expose AI fervor, deal risk and biotech promise
The episode shows how product momentum, acquisition speculation and clinical data can drive sharply different market reactions in one week.
Sep 25, 2026 · 5 min
Stock Movers
Retail and biotech stocks diverge sharply after key corporate updates
This episode details how shifting consumer habits and biotech volatility are creating stark winners and losers in the post-market trading landscape.
Aug 20, 2026 · 6 min
Stock Movers
Retailers test the consumer as Deere gauges farm demand
Target and Walmart offer a read on consumer spending, while Deere and Estée Lauder broaden the week’s earnings picture across farms and beauty.
Aug 16, 2026 · 9 min
Stock Movers
SanDisk surges while Tapestry plunges on tariff fears and weak guidance
Understanding the specific catalysts behind sudden stock movements helps investors navigate corporate restructuring, analyst upgrades, and macroeconomic headwinds like tariffs.
Aug 14, 2026 · 6 min
Stock Movers
Reddit surges and Applied Materials slips as trade tariffs boost AeroVironment
This episode highlights how index changes, aggressive trade policies, and sky-high investor expectations are actively reshaping corporate valuations.
Aug 14, 2026 · 6 min
Stock Movers
Workday jumps as AI expectations reshape stock winners
The episode shows how takeover speculation, demanding AI valuations, and uneven forecasts are driving sharp moves across software, semiconductors, and luxury retail.
Aug 13, 2026 · 8 min
Stock Movers
AI infrastructure rallies as Cava draws stronger diners
The episode connects AI-driven company momentum with resilient restaurant demand, offering a snapshot of where investors see growth across technology and consumer spending.
Aug 11, 2026 · 7 min
Stock Movers
Apollo rallies as Webtoon stumbles and Bending Spoons surges
The episode shows how financing, guidance, and investor expectations are driving sharply different outcomes across alternative assets, digital media, and software.
Aug 11, 2026 · 6 min
Stock Movers
AI spending rattles SpaceX as Lilly powers higher
The episode contrasts investor concern over capital-intensive AI ambitions with strong demand for Eli Lilly’s weight-loss drugs and the volatility of semiconductor stocks.
Aug 5, 2026 · 7 min
Stock Movers
AI spending lifts Lilly while dialysis miss hits DaVita
The episode shows how investor reactions are splitting across AI investment, weight-loss drug demand, and healthcare revenue execution.
Aug 5, 2026 · 6 min
Stock Movers
Cloud growth lifts Amazon while disappointing user metrics sink Roblox
The latest corporate earnings reveal a widening gap between tech infrastructure giants capitalizing on cloud demand and consumer platforms struggling to maintain user engagement.
Jul 31, 2026 · 5 min
Stock Movers
Amazon surges on cloud growth while Apple slips on supply constraints
The contrasting fortunes of Apple and Amazon highlight how cloud demand and supply chain resilience are dividing the tech sector's biggest players.
Jul 31, 2026 · 5 min
Stock Movers
Baker Hughes jumps on earnings while hospital stocks slump and meatpackers surge
Understanding these divergent market movements reveals how regulatory shifts and earnings reports are actively reshaping key sectors of the economy.
Jul 27, 2026 · 7 min
Stock Movers
Non-tech stocks surge and plunge as energy gains and biotech craters
Understanding market dynamics outside of tech is essential for identifying broader economic trends in energy, healthcare regulation, and global trade.
Jul 27, 2026 · 6 min
Stock Movers
Tesla tumbles as Super Micro and Tenet Healthcare surge on earnings
Understanding these divergent stock movements offers critical insight into current investor sentiment across tech, automotive, and healthcare sectors.
Jul 24, 2026 · 6 min
Stock Movers
Strong forecasts spark surges at Booz Allen and Tenet while Amex slips
This episode highlights how investors are sharply distinguishing between companies driving profitable growth and those struggling with rising operational overhead.
Jul 24, 2026 · 5 min
Stock Movers
Equifax falls on lowered guidance while 3M surges on turnaround progress
Corporate earnings reports are exposing a stark divergence between companies struggling with guidance and those successfully executing turnaround plans.
Jul 21, 2026 · 4 min
Stock Movers
Cracker Barrel and AMC surge while Sweetgreen falls on produce concerns
This episode highlights how quickly corporate fortunes can pivot based on earnings adjustments, entertainment demand, and food safety issues.
Jul 20, 2026 · 7 min
Stock Movers
SK Hynix tumbles on AI concerns while Biogen and TriCo rise
This episode highlights how shifting sentiment around artificial intelligence and upcoming clinical data can rapidly reshape valuations in tech and healthcare.
Jul 13, 2026 · 4 min
Stock Movers
Meta jumps and Forte Biosciences surges while Paramount Skydance slides on debt
Understanding the divergent drivers behind weekly market movers reveals how tech earnings, corporate debt, and clinical trial results rapidly reshape investor sentiment.
Jul 10, 2026 · 5 min
Stock Movers
Auto-parts deal weighs on O’Reilly as Broadcom wins Apple boost
The episode contrasts acquisition uncertainty and weakening movie demand with the confidence signaled by Broadcom’s extended Apple partnership.
Jul 6, 2026 · 6 min
Stock Movers
SpaceX joins Nasdaq 100 as earnings season tests consumer demand
The upcoming week of market activity will test whether tech index reshuffling and consumer spending shifts can sustain the stock market's momentum.
Jul 4, 2026 · 9 min
Stock Movers
Apple eyes Chinese chips and Genuine Parts jumps on buyout interest
Corporate supply chain maneuvers and unexpected buyout bids are reshaping valuations across both traditional retail and cutting-edge tech sectors.
Jul 2, 2026 · 7 min
Stock Movers
Meta plans AI cloud business while Bending Spoons makes IPO debut
This episode highlights how tech giants are commercializing excess AI infrastructure and how private equity-style software rollups are finding success in public markets.
Jul 1, 2026 · 7 min
Stock Movers
Retail momentum and clinical trials drive major moves for Wendy's and Absci
Understanding the distinct drivers behind sudden stock movements helps investors navigate the volatile intersection of social media trends, corporate debt, and biotech clinical trials.
Jun 24, 2026 · 6 min
Stock Movers
Earnings previews for Carnival, FedEx, and Darden signal consumer shifts
Upcoming earnings reports from major consumer-facing giants will reveal how inflation, energy costs, and medical trends are altering household spending.
Jun 20, 2026 · 8 min
Stock Movers
SpaceX slide and Accenture forecast miss contrast with Take-Two surge
Understanding these divergent stock movements reveals how technological disruption, geopolitical tension, and major product releases are actively reshaping investor confidence across tech, consulting, and entertainment.
Jun 18, 2026 · 4 min
Stock Movers
SpaceX surges post-IPO as Netflix drops after losing Roku bid
This episode tracks the massive market disruptions caused by SpaceX's historic IPO, a major realignment in the streaming wars, and regulatory momentum for biotech.
Jun 16, 2026 · 6 min