Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg data.
Speaker 1: Let's take a look at some of the stocks on
Speaker 1: the move today. We can do that with Bloomberg's It
Speaker 1: needs a Secovia, it needs what are you looking at today?
Speaker 1: Everyone's talking about Magnificent said, and let's look at Meadow,
Speaker 1: which is seeing pretty negative reactions after the report. Shares
Speaker 1: plunged about ten percent. Here today the drop is pretty
Speaker 1: bad as well. It's more than eight percent. Tick, of course,
Speaker 1: is meant that the company raised its pended outlook yet again.
Speaker 1: The number everyone is looking at is their full year
Speaker 1: capital expenditure, which now they expect to be between one
Speaker 1: hundred and twenty five billion two hundred and forty five billion.
Speaker 1: This is for the whole year. I'm looking at the
Speaker 1: chart of how this has changed over time, and it's
Speaker 1: really a drastic change. Just in twenty twenty four it
Speaker 1: was less than forty billion. Now we're talking more than
Speaker 1: one hundred and fifty billion. You can see the reaction
Speaker 1: from investors is obviously not so positive. Zuckerber has said
Speaker 1: that his company was paying hundreds of billions of dollars
Speaker 1: on AI, and now we see memory cheap shortage is
Speaker 1: triggering shurge in prices. Investors are getting worried. We saw
Speaker 1: similar thing from Amazon, we saw similar thing from Alphabet,
Speaker 1: but much more positive reaction. It seems like a meta
Speaker 1: has been on this strike where they increase capital expenditure.
Speaker 1: Investors sometimes are excited, but then they get worried that
Speaker 1: maybe they're behind on AI. And this is what's happening today.
Speaker 2: I lost count of how many times you said the
Speaker 2: word billions because numbers are so large. Let's talk about Ford.
Speaker 1: For Ford is also having a pretty rough day. They
Speaker 1: actually had a strong earnings report. The ticker, of course,
Speaker 1: is F but Ford warned of pressure from an unexpected
Speaker 1: rise in commodity costs. We've seen a similar warning from
Speaker 1: General Motors, so clearly this is affecting the whole industry,
Speaker 1: is booking investors. Despite the relatively strong report, shares fell
Speaker 1: as much as six percent, and now some of those
Speaker 1: losses are being recouped, but never the lesser negative reaction
Speaker 1: to the report. The good number was the company now
Speaker 1: expects to earn as much as ten point five billion
Speaker 1: before interest. This is higher than their previous podcasts for
Speaker 1: refrained from raising. Therefore your profit outlook. They said that
Speaker 1: they round war pushed an energy and commodity press, so
Speaker 1: that's the big problem. There were some bright spots. They
Speaker 1: said their SUVs like Explorer and Expeditions are particularly strong.
Speaker 1: They're doing well, but in the end, we're all relying
Speaker 1: on commodity prices, even as some of them models are
Speaker 1: doing quite well.
Speaker 2: All right, let's go l l Y.
Speaker 1: Yeah, weight loss drugs are doing great. Eli Lilly's surprise
Speaker 1: Wall Street by raising its annual sales and profit forecast.
Speaker 1: There is obviously this rapid competition between Eli Levy and
Speaker 1: Novel Nordisk, but now it seems like their fortunes are
Speaker 1: diverging a little bit. So what we're seeing from Eli
Speaker 1: Lelly the stock is of nine percent. This comes after
Speaker 1: demand fred Basity Medications Sort and thousands of patients started
Speaker 1: taking its new weight loss pills. Of course, press have
Speaker 1: been falling down, so there was a lot of tension
Speaker 1: whether this company will continue to sort to new highs.
Speaker 1: It's been under a lot of precious since November. It's
Speaker 1: twenty three percent, but now there is some new optimism interesting.
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