1 00:00:02,520 --> 00:00:07,000 Speaker 1: Bloomberg Audio Studios, Podcasts, radio News. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,880 --> 00:00:19,880 Speaker 1: I'm Carol Masser along with Jess Metton. Let's get to 5 00:00:20,120 --> 00:00:23,720 Speaker 1: some stock movers this past week. We know the market's 6 00:00:23,720 --> 00:00:26,279 Speaker 1: overall having a good week, a more bullish week, but 7 00:00:26,360 --> 00:00:28,040 Speaker 1: let's get to some of the stocks on the move. 8 00:00:28,080 --> 00:00:31,240 Speaker 1: Bloomberg News Equities reporter Carmen Ronicky with our stock movers 9 00:00:31,280 --> 00:00:32,720 Speaker 1: for the week. Where shall we start? 10 00:00:32,960 --> 00:00:35,360 Speaker 3: Yeah, I mean, let's start with Apple. I think this 11 00:00:35,440 --> 00:00:37,519 Speaker 3: is one of the biggest stories of the week. Ticker 12 00:00:37,600 --> 00:00:41,320 Speaker 3: AAPL shares are up thirteen percent this week, which is 13 00:00:41,360 --> 00:00:45,000 Speaker 3: the best weekly performance since July twenty twenty for Apple. 14 00:00:45,200 --> 00:00:49,239 Speaker 3: That's just amazing, really amazing. So what powered it this 15 00:00:49,280 --> 00:00:52,839 Speaker 3: week is that President Donald Trump announced Apple plans to 16 00:00:52,920 --> 00:00:56,640 Speaker 3: spend an additional one hundred billion on domestic manufacturing in 17 00:00:56,640 --> 00:01:00,400 Speaker 3: a bid to avoid some of the tariffs, which has 18 00:01:00,440 --> 00:01:02,920 Speaker 3: been an overhang to the shares, along as sort of 19 00:01:03,160 --> 00:01:06,600 Speaker 3: you know, investors wanting more information about their artificial intelligence plans. 20 00:01:07,080 --> 00:01:08,760 Speaker 3: I think this is really interesting because one of the 21 00:01:08,800 --> 00:01:11,600 Speaker 3: things I've sort of been thinking about with all the 22 00:01:11,640 --> 00:01:14,280 Speaker 3: trade war stuff is that Apple had an exemption the 23 00:01:14,360 --> 00:01:17,160 Speaker 3: last time around, and that was something that really benefited 24 00:01:17,200 --> 00:01:20,040 Speaker 3: the company and the stock. So we're maybe starting to 25 00:01:20,080 --> 00:01:22,560 Speaker 3: see a little bit more of you know, Apple picking up, 26 00:01:23,080 --> 00:01:24,960 Speaker 3: getting some movement back in the shares. It's been a 27 00:01:25,040 --> 00:01:27,720 Speaker 3: laggard this year. It's liked both its mag seven peers 28 00:01:27,800 --> 00:01:30,840 Speaker 3: and the market overall. 29 00:01:30,640 --> 00:01:34,080 Speaker 1: Still down percent year today, even with that bump up. 30 00:01:34,160 --> 00:01:36,360 Speaker 3: Yeah, I was gonna say, on the flip side of things, 31 00:01:36,520 --> 00:01:39,760 Speaker 3: Eli Lily, what a brutal week. Oh my goodness. Yeah, 32 00:01:40,080 --> 00:01:43,560 Speaker 3: So Eli Lily ticker l Y shares are down eighteen 33 00:01:43,600 --> 00:01:46,480 Speaker 3: percent this week. This is the worst week for the 34 00:01:46,520 --> 00:01:48,160 Speaker 3: company since two thousand and eight. 35 00:01:49,120 --> 00:01:49,600 Speaker 2: That's bad. 36 00:01:49,680 --> 00:01:54,000 Speaker 1: I mean, I said, yeah, that was a dramatic pause. 37 00:01:54,000 --> 00:01:55,880 Speaker 1: It wants a dramatic pot. 38 00:01:56,000 --> 00:01:57,760 Speaker 3: You have to double check because you look at it 39 00:01:57,840 --> 00:02:00,800 Speaker 3: and you're like, wow, nineteen percent wors week since December 40 00:02:00,840 --> 00:02:01,560 Speaker 3: two thousand and eight. 41 00:02:01,560 --> 00:02:02,480 Speaker 2: I that is pretty rough. 42 00:02:02,680 --> 00:02:04,600 Speaker 3: I did have to double check this one. But yeah, 43 00:02:04,600 --> 00:02:07,840 Speaker 3: So what investors are reacting to here is disappointing data 44 00:02:07,920 --> 00:02:10,640 Speaker 3: on Eli Lilly's weight loss pill. Obviously, the GLP ones, 45 00:02:10,639 --> 00:02:13,280 Speaker 3: the weight loss drugs have been a huge thing that 46 00:02:13,320 --> 00:02:16,040 Speaker 3: have lifted Eli Lilies shares. It's sort of been the 47 00:02:16,160 --> 00:02:18,600 Speaker 3: leader in this market that's supposed to be ninety five 48 00:02:18,720 --> 00:02:22,440 Speaker 3: billion by twenty thirty and this pill, you know, which 49 00:02:22,480 --> 00:02:24,160 Speaker 3: is sort of the next step from right now it's 50 00:02:24,200 --> 00:02:27,200 Speaker 3: an injectible, right was really the next step. And so 51 00:02:27,600 --> 00:02:30,720 Speaker 3: basically it showed lower weight loss and higher rates of 52 00:02:30,760 --> 00:02:33,080 Speaker 3: some of the side effects that people don't want, like 53 00:02:33,200 --> 00:02:37,960 Speaker 3: nausea then anticipated, and so that really overshadowed what was 54 00:02:38,000 --> 00:02:41,080 Speaker 3: otherwise pretty solid results from the company in the last 55 00:02:41,160 --> 00:02:46,200 Speaker 3: quarter and actually also boosted shares of Novo Nordisk, one 56 00:02:46,200 --> 00:02:47,480 Speaker 3: of the competitors in the space. 57 00:02:48,440 --> 00:02:49,480 Speaker 1: When I do the last one with. 58 00:02:49,440 --> 00:02:51,080 Speaker 2: Her, yeah, I mean I think the worst for. 59 00:02:53,080 --> 00:02:57,920 Speaker 3: On Friday, true disk. Yes, we really couldn't, you know, 60 00:02:58,000 --> 00:03:01,359 Speaker 3: end this week without talking about trade dusk to TTD. 61 00:03:01,520 --> 00:03:04,320 Speaker 3: So shares were down thirty nine percent just today, which 62 00:03:04,400 --> 00:03:08,360 Speaker 3: was a record drop that pushed the total weekly drop 63 00:03:08,440 --> 00:03:11,840 Speaker 3: also to a record, the worst since twenty sixteen for 64 00:03:11,919 --> 00:03:15,840 Speaker 3: the company. Basically, what happened is the company reported results 65 00:03:16,760 --> 00:03:18,760 Speaker 3: results in a forecast that sort of failed to impress 66 00:03:18,760 --> 00:03:22,200 Speaker 3: Wall Street analysts. But really what they're they're latching onto 67 00:03:22,480 --> 00:03:27,960 Speaker 3: is a worry about competition from Amazon. Basically, they're just 68 00:03:28,360 --> 00:03:30,919 Speaker 3: they're worrying that, you know, they're not sort of addressing 69 00:03:30,919 --> 00:03:33,640 Speaker 3: this competition. And I think one of the things that really, 70 00:03:34,360 --> 00:03:37,360 Speaker 3: you know, kept this rally going was that an analyst 71 00:03:37,440 --> 00:03:41,400 Speaker 3: asked the CEO about competition from Amazon on the call, 72 00:03:41,560 --> 00:03:44,200 Speaker 3: and he kind of dismissed it and said, you know, 73 00:03:44,520 --> 00:03:47,600 Speaker 3: walled gardens, Amazon or Goole are best suited to buy 74 00:03:47,640 --> 00:03:51,200 Speaker 3: their own inventory with their own data, and so anamals 75 00:03:51,280 --> 00:03:52,320 Speaker 3: are just really worried about that. 76 00:03:52,560 --> 00:03:57,760 Speaker 2: Some good stocks the Stock Movers Report from Bloomberg Radio. 77 00:03:58,280 --> 00:04:00,440 Speaker 2: Check back with us throughout the day for the latest 78 00:04:00,480 --> 00:04:03,680 Speaker 2: roundup of companies making news on Wall Street and for 79 00:04:03,760 --> 00:04:07,720 Speaker 2: the latest market moving headlines. 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