WEBVTT - Royal Caribbean, Chipotle, and Eli Lilly All Rise

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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 2>Let's take a look at some stocks on the move today.

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<v Speaker 2>I'm Tom Keen with bol Sweeney and Bloomberg's Alexis Christopher.

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<v Speaker 3>You better believe it. I'm going to start out with

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<v Speaker 3>Royal Caribbean goes to show you my head's at right now.

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<v Speaker 3>But that stock ticker symbol RCL up six percent, had

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<v Speaker 3>fallen about nine percent so far this year, so believe

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<v Speaker 3>it or not, Demand remains resilient for Royal Caribbean. It

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<v Speaker 3>says April bookings are exceeding last year. It's seeing strengthen

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<v Speaker 3>last minute reservations, and so Wall Street takes us as

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<v Speaker 3>a sign that it's going to be able to weather

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<v Speaker 3>these headwinds like higher fuel costs and the war with Iran.

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<v Speaker 3>Bookings for those high yield Mediterranean trips, they also said,

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<v Speaker 3>are starting to rebound a little bit, and the company

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<v Speaker 3>CEO or CFO says that travel remains a priority for consumers.

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<v Speaker 2>Yep, but that doesn't.

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<v Speaker 3>Really square with what Carnival is saying because Carnival cut

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<v Speaker 3>its full year profit outlook. Yeah, and because again because

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<v Speaker 3>of the rising fuel costs and just the broader travel

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<v Speaker 3>sector in general. Yesterday we heard from Booking Holdings that

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<v Speaker 3>online travel company lowered its outlook. It's seeing higher cancelations,

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<v Speaker 3>fewer new bookings. Even Hilton said, you know, it could

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<v Speaker 3>be challenging moving forward.

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<v Speaker 1>Yeah, we'll see. I mean it's the spending on the

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<v Speaker 1>K shaped upper end of the k is has been

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<v Speaker 1>holding up generally.

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<v Speaker 3>Yeah, I mean the numbers we got this morning too

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<v Speaker 3>to show that consumer continues to spend. I mean those

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<v Speaker 3>are backward looking numbers, albeit, But all right, let's move

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<v Speaker 3>on to Chipotle. Wait wait, wait, all right, back it

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<v Speaker 3>up back at twenty decks.

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<v Speaker 2>Have you ever been on these ships?

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<v Speaker 3>You know, I was on a your Disney cruise years ago.

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<v Speaker 3>It's the only cruise I was ever on.

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<v Speaker 2>But like Sarah, you nailed that on YouTube eighteen to

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<v Speaker 2>twenty decks high?

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<v Speaker 3>Do you get dizzy on a crucials? I would not

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<v Speaker 3>for the waters or I would, but just all MG,

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<v Speaker 3>I'm up.

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<v Speaker 1>So hard now. I think the bigger issue is this.

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<v Speaker 1>You know, if you get seasick, that's probably an issue.

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<v Speaker 1>For a lot of people.

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<v Speaker 3>Yeah, it's a big boat to guess, but people do

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<v Speaker 3>get seasick. Charlie Pellett does not our. Charlie Pellett single

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<v Speaker 3>handedly keeps that industry going. Chipotle up four and a

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<v Speaker 3>half percent today. The stock has declined eleven percent this year. So, okay,

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<v Speaker 3>it's eking out higher sales. It's slowly winning back customers.

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<v Speaker 3>Remember there were all those complaints about portion sizes being

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<v Speaker 3>they fixed that, rising prices, subpar service. Yeah, I mean

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<v Speaker 3>I haven't been in a little while, but there definitely.

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<v Speaker 1>They got to the point now they put so much

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<v Speaker 1>in there that I only get two tacos instead of three. Really, yes,

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<v Speaker 1>because they're so good because they're putting so much stuff

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<v Speaker 1>in them now vis before nice?

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<v Speaker 2>Nice.

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<v Speaker 3>Okay, so Chipotle maintained its guidance also for flat full

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<v Speaker 3>year comparable sales. A CEOs got boat right, doing a

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<v Speaker 3>whole bunch of things to turn things around. He's retraining

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<v Speaker 3>workers on hospitality, rolling out new equipment to churn out

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<v Speaker 3>the food faster, and also revamp their loyalty program to

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<v Speaker 3>drive customer visits. So slowly but surely it is working. Also,

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<v Speaker 3>their chicken al pastore apparently very popular.

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<v Speaker 1>Yeah, I go to mon third Avenue, sixty first Street.

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<v Speaker 3>That's a just one.

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<v Speaker 1>That's a good one. They take care of me. If

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<v Speaker 1>you do like door Tosh, you're seamless from them, and

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<v Speaker 1>you order Marguerite.

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<v Speaker 3>To they're working on that. All right. Let's move to

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<v Speaker 3>pharma because lots of news there today and Eli Lilly

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<v Speaker 3>is a standout. So the stock is up six percent.

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<v Speaker 3>It raised its full year sales outlook due to the

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<v Speaker 3>strength of its weight loss drugs and its new obesity pill.

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<v Speaker 3>And just get a load of these numbers. Sales of

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<v Speaker 3>Lily's best selling diabetes shot Munjaro eight point seven billion

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<v Speaker 3>dollars in the quarter. In three months, sales of its

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<v Speaker 3>obesity shot zep bound jumping to four point two billion,

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<v Speaker 3>and then it launched that new weight loss pill. I

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<v Speaker 3>think it's foundea Fundeo.

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<v Speaker 1>That's going to be big when they get set, when

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<v Speaker 1>you get the pills, that's going to open up a

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<v Speaker 1>whole new market, big market, I would think.

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<v Speaker 3>I would think. Also, Lily has gone on this string

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<v Speaker 3>of acquisitions right in just the past couple of months.

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<v Speaker 3>It's made like three major acquisitions, most recently just Monday,

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<v Speaker 3>we were talking about a two billion dollar deal to

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<v Speaker 3>buy Ajax Therapeutics. That's a cancer drug maker.

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