WEBVTT - Weekly Roundup: Apple, Eli Lilly, Trade Desk

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, radio News.

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<v Speaker 2>The Stock Movers Report, your roundup of companies making moves

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<v Speaker 2>in the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 1>I'm Carol Masser along with Jess Metton. Let's get to

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<v Speaker 1>some stock movers this past week. We know the market's

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<v Speaker 1>overall having a good week, a more bullish week, but

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<v Speaker 1>let's get to some of the stocks on the move.

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<v Speaker 1>Bloomberg News Equities reporter Carmen Ronicky with our stock movers

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<v Speaker 1>for the week. Where shall we start?

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<v Speaker 3>Yeah, I mean, let's start with Apple. I think this

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<v Speaker 3>is one of the biggest stories of the week. Ticker

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<v Speaker 3>AAPL shares are up thirteen percent this week, which is

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<v Speaker 3>the best weekly performance since July twenty twenty for Apple.

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<v Speaker 3>That's just amazing, really amazing. So what powered it this

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<v Speaker 3>week is that President Donald Trump announced Apple plans to

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<v Speaker 3>spend an additional one hundred billion on domestic manufacturing in

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<v Speaker 3>a bid to avoid some of the tariffs, which has

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<v Speaker 3>been an overhang to the shares, along as sort of

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<v Speaker 3>you know, investors wanting more information about their artificial intelligence plans.

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<v Speaker 3>I think this is really interesting because one of the

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<v Speaker 3>things I've sort of been thinking about with all the

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<v Speaker 3>trade war stuff is that Apple had an exemption the

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<v Speaker 3>last time around, and that was something that really benefited

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<v Speaker 3>the company and the stock. So we're maybe starting to

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<v Speaker 3>see a little bit more of you know, Apple picking up,

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<v Speaker 3>getting some movement back in the shares. It's been a

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<v Speaker 3>laggard this year. It's liked both its mag seven peers

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<v Speaker 3>and the market overall.

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<v Speaker 1>Still down percent year today, even with that bump up.

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<v Speaker 3>Yeah, I was gonna say, on the flip side of things,

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<v Speaker 3>Eli Lily, what a brutal week. Oh my goodness. Yeah,

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<v Speaker 3>So Eli Lily ticker l Y shares are down eighteen

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<v Speaker 3>percent this week. This is the worst week for the

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<v Speaker 3>company since two thousand and eight.

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<v Speaker 2>That's bad.

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<v Speaker 1>I mean, I said, yeah, that was a dramatic pause.

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<v Speaker 1>It wants a dramatic pot.

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<v Speaker 3>You have to double check because you look at it

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<v Speaker 3>and you're like, wow, nineteen percent wors week since December

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<v Speaker 3>two thousand and eight.

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<v Speaker 2>I that is pretty rough.

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<v Speaker 3>I did have to double check this one. But yeah,

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<v Speaker 3>So what investors are reacting to here is disappointing data

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<v Speaker 3>on Eli Lilly's weight loss pill. Obviously, the GLP ones,

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<v Speaker 3>the weight loss drugs have been a huge thing that

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<v Speaker 3>have lifted Eli Lilies shares. It's sort of been the

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<v Speaker 3>leader in this market that's supposed to be ninety five

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<v Speaker 3>billion by twenty thirty and this pill, you know, which

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<v Speaker 3>is sort of the next step from right now it's

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<v Speaker 3>an injectible, right was really the next step. And so

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<v Speaker 3>basically it showed lower weight loss and higher rates of

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<v Speaker 3>some of the side effects that people don't want, like

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<v Speaker 3>nausea then anticipated, and so that really overshadowed what was

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<v Speaker 3>otherwise pretty solid results from the company in the last

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<v Speaker 3>quarter and actually also boosted shares of Novo Nordisk, one

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<v Speaker 3>of the competitors in the space.

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<v Speaker 1>When I do the last one with.

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<v Speaker 2>Her, yeah, I mean I think the worst for.

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<v Speaker 3>On Friday, true disk. Yes, we really couldn't, you know,

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<v Speaker 3>end this week without talking about trade dusk to TTD.

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<v Speaker 3>So shares were down thirty nine percent just today, which

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<v Speaker 3>was a record drop that pushed the total weekly drop

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<v Speaker 3>also to a record, the worst since twenty sixteen for

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<v Speaker 3>the company. Basically, what happened is the company reported results

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<v Speaker 3>results in a forecast that sort of failed to impress

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<v Speaker 3>Wall Street analysts. But really what they're they're latching onto

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<v Speaker 3>is a worry about competition from Amazon. Basically, they're just

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<v Speaker 3>they're worrying that, you know, they're not sort of addressing

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<v Speaker 3>this competition. And I think one of the things that really,

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<v Speaker 3>you know, kept this rally going was that an analyst

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<v Speaker 3>asked the CEO about competition from Amazon on the call,

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<v Speaker 3>and he kind of dismissed it and said, you know,

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<v Speaker 3>walled gardens, Amazon or Goole are best suited to buy

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<v Speaker 3>their own inventory with their own data, and so anamals

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<v Speaker 3>are just really worried about that.

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<v Speaker 2>Some good stocks the Stock Movers Report from Bloomberg Radio.

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<v Speaker 2>Check back with us throughout the day for the latest

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<v Speaker 2>roundup of companies making news on Wall Street and for

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<v Speaker 2>the latest market moving headlines. Listen to Bloomberg Radio Live,

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