1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. The Stock Movers Report, 2 00:00:10,240 --> 00:00:13,520 Speaker 1: your roundup of companies making moves in the stock market, 3 00:00:13,680 --> 00:00:16,280 Speaker 1: harnessing the power of Bloomberg Data. 4 00:00:16,480 --> 00:00:18,800 Speaker 2: Those who are the some stock movers, some individual stock movers. 5 00:00:18,800 --> 00:00:20,919 Speaker 2: Today we go to Nora Melinda nor what are you 6 00:00:20,920 --> 00:00:23,239 Speaker 2: looking at? What we're seeing? Information technology is the worst 7 00:00:23,239 --> 00:00:25,239 Speaker 2: performing sector in the S and P five hundred and 8 00:00:25,280 --> 00:00:26,960 Speaker 2: this is no surprise, with a lot of the mag 9 00:00:27,080 --> 00:00:31,080 Speaker 2: seven stocks falling, of course, many of this led by Meta. 10 00:00:31,160 --> 00:00:35,000 Speaker 2: We're seeing shares of Meta down as much as fourteen percent. 11 00:00:35,080 --> 00:00:36,479 Speaker 2: This is the worst day that we're seeing here for 12 00:00:36,520 --> 00:00:38,680 Speaker 2: the company in over a year. And this is really 13 00:00:38,720 --> 00:00:42,280 Speaker 2: investors being spooked by spending here. So we're hearing a 14 00:00:42,320 --> 00:00:44,720 Speaker 2: lot of heavy spending from a lot of these AI 15 00:00:45,120 --> 00:00:47,320 Speaker 2: giants here, but it's really about whether or not they're 16 00:00:47,360 --> 00:00:49,360 Speaker 2: able to back up everything that they're putting down and 17 00:00:49,360 --> 00:00:51,640 Speaker 2: pouring their money into. And it seems as though Wall 18 00:00:51,680 --> 00:00:54,840 Speaker 2: Street is really closely scrutinizing Meta here. In particular, they 19 00:00:54,840 --> 00:00:57,640 Speaker 2: are planning to raise at least twenty five billion dollars 20 00:00:57,680 --> 00:01:00,760 Speaker 2: in an investment grade bond sale today. But of course, 21 00:01:00,800 --> 00:01:03,960 Speaker 2: if we look at Alphabet, Meta, Microsoft altogether, they're about 22 00:01:04,000 --> 00:01:06,959 Speaker 2: to rack up as much as seventy eight billion dollars 23 00:01:07,000 --> 00:01:10,320 Speaker 2: in CAPEX last quarter, especially as they really just underscore 24 00:01:10,400 --> 00:01:12,720 Speaker 2: these AI bets they have here. But you really are 25 00:01:12,840 --> 00:01:15,280 Speaker 2: seeing shares of Meta taking it to the chin here. 26 00:01:15,840 --> 00:01:19,320 Speaker 1: Speaking of taking it to the chin, let's look at Chipotlet. 27 00:01:19,120 --> 00:01:21,520 Speaker 2: The worst performing stock in the S and P five hundred. 28 00:01:21,760 --> 00:01:24,000 Speaker 2: I love to talk about food, honestly, so this is 29 00:01:24,200 --> 00:01:27,440 Speaker 2: a great moment for me. But shares of Chipotlet in 30 00:01:27,520 --> 00:01:31,720 Speaker 2: focus here ticker CMG, and they're falling, I mean, dismal 31 00:01:31,760 --> 00:01:35,360 Speaker 2: performance here, worse stay since twenty twelve, falling as much 32 00:01:35,360 --> 00:01:37,920 Speaker 2: as twenty two percent. This stuff of the company cut 33 00:01:37,920 --> 00:01:39,920 Speaker 2: its outlooked for the year. They're saying that diners are 34 00:01:39,920 --> 00:01:42,600 Speaker 2: pulling back from eating out, and they're really worried about 35 00:01:42,640 --> 00:01:46,559 Speaker 2: consumers brending more broadly. But also they attributed rising costs 36 00:01:46,600 --> 00:01:49,600 Speaker 2: to an increase in beef prices and the impact of 37 00:01:49,640 --> 00:01:51,720 Speaker 2: new tariffs here. So it's really about what the CEO 38 00:01:51,800 --> 00:01:54,400 Speaker 2: can do in this moment to really paint a turnaround story, 39 00:01:54,480 --> 00:01:57,520 Speaker 2: especially for a company that's down about forty six percent 40 00:01:57,600 --> 00:01:59,280 Speaker 2: so far this year. Another one out there. 41 00:01:59,280 --> 00:02:00,920 Speaker 1: Eli Lilly's a good one today. 42 00:02:00,840 --> 00:02:03,800 Speaker 2: Yes, ticker l l Y. We're seeing shares of Elie 43 00:02:04,000 --> 00:02:06,680 Speaker 2: up a guidance boost here. We are seeing shares up 44 00:02:06,720 --> 00:02:09,520 Speaker 2: as much as three point seven percent right now in trading. 45 00:02:09,560 --> 00:02:12,720 Speaker 2: It's after it raised its full year guidance revenue from 46 00:02:12,720 --> 00:02:15,880 Speaker 2: its weight loss drug and then diabetes drug usus Manjarro 47 00:02:16,040 --> 00:02:19,440 Speaker 2: and zet Bound. Of course, these really having a combined 48 00:02:19,600 --> 00:02:22,760 Speaker 2: nearly one point three billion dollars here in terms of 49 00:02:22,760 --> 00:02:25,240 Speaker 2: expectations for that, and we did see a beat here 50 00:02:25,680 --> 00:02:27,440 Speaker 2: as we look at these two drugs. So you're really 51 00:02:27,440 --> 00:02:31,000 Speaker 2: are seeing Wall Street coming behind the stock rallying. Shares 52 00:02:31,040 --> 00:02:33,960 Speaker 2: of Elilily up about nine percent so far this year. 53 00:02:35,200 --> 00:02:39,200 Speaker 1: The Stock Mover's Report from Bloomberg Radio. Check back with 54 00:02:39,280 --> 00:02:41,880 Speaker 1: us throughout the day for the latest roundup of companies 55 00:02:41,919 --> 00:02:45,040 Speaker 1: making news on Wall Street and for the latest market 56 00:02:45,080 --> 00:02:49,520 Speaker 1: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 57 00:02:49,639 --> 00:02:53,120 Speaker 1: Bloomberg dot com, and on Applecarplay and Android Auto with 58 00:02:53,200 --> 00:02:54,680 Speaker 1: the Bloomberg Business app.