WEBVTT - Meta Plunges, Ford Slides, Eli Lilly Gains After Boosting Sales View

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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>Let's take a look at some of the stocks on

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<v Speaker 1>the move today. We can do that with Bloomberg's It

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<v Speaker 1>needs a Secovia, it needs what are you looking at today?

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<v Speaker 1>Everyone's talking about Magnificent said, and let's look at Meadow,

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<v Speaker 1>which is seeing pretty negative reactions after the report. Shares

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<v Speaker 1>plunged about ten percent. Here today the drop is pretty

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<v Speaker 1>bad as well. It's more than eight percent. Tick, of course,

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<v Speaker 1>is meant that the company raised its pended outlook yet again.

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<v Speaker 1>The number everyone is looking at is their full year

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<v Speaker 1>capital expenditure, which now they expect to be between one

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<v Speaker 1>hundred and twenty five billion two hundred and forty five billion.

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<v Speaker 1>This is for the whole year. I'm looking at the

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<v Speaker 1>chart of how this has changed over time, and it's

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<v Speaker 1>really a drastic change. Just in twenty twenty four it

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<v Speaker 1>was less than forty billion. Now we're talking more than

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<v Speaker 1>one hundred and fifty billion. You can see the reaction

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<v Speaker 1>from investors is obviously not so positive. Zuckerber has said

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<v Speaker 1>that his company was paying hundreds of billions of dollars

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<v Speaker 1>on AI, and now we see memory cheap shortage is

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<v Speaker 1>triggering shurge in prices. Investors are getting worried. We saw

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<v Speaker 1>similar thing from Amazon, we saw similar thing from Alphabet,

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<v Speaker 1>but much more positive reaction. It seems like a meta

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<v Speaker 1>has been on this strike where they increase capital expenditure.

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<v Speaker 1>Investors sometimes are excited, but then they get worried that

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<v Speaker 1>maybe they're behind on AI. And this is what's happening today.

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<v Speaker 2>I lost count of how many times you said the

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<v Speaker 2>word billions because numbers are so large. Let's talk about Ford.

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<v Speaker 1>For Ford is also having a pretty rough day. They

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<v Speaker 1>actually had a strong earnings report. The ticker, of course,

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<v Speaker 1>is F but Ford warned of pressure from an unexpected

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<v Speaker 1>rise in commodity costs. We've seen a similar warning from

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<v Speaker 1>General Motors, so clearly this is affecting the whole industry,

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<v Speaker 1>is booking investors. Despite the relatively strong report, shares fell

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<v Speaker 1>as much as six percent, and now some of those

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<v Speaker 1>losses are being recouped, but never the lesser negative reaction

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<v Speaker 1>to the report. The good number was the company now

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<v Speaker 1>expects to earn as much as ten point five billion

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<v Speaker 1>before interest. This is higher than their previous podcasts for

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<v Speaker 1>refrained from raising. Therefore your profit outlook. They said that

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<v Speaker 1>they round war pushed an energy and commodity press, so

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<v Speaker 1>that's the big problem. There were some bright spots. They

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<v Speaker 1>said their SUVs like Explorer and Expeditions are particularly strong.

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<v Speaker 1>They're doing well, but in the end, we're all relying

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<v Speaker 1>on commodity prices, even as some of them models are

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<v Speaker 1>doing quite well.

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<v Speaker 2>All right, let's go l l Y.

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<v Speaker 1>Yeah, weight loss drugs are doing great. Eli Lilly's surprise

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<v Speaker 1>Wall Street by raising its annual sales and profit forecast.

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<v Speaker 1>There is obviously this rapid competition between Eli Levy and

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<v Speaker 1>Novel Nordisk, but now it seems like their fortunes are

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<v Speaker 1>diverging a little bit. So what we're seeing from Eli

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<v Speaker 1>Lelly the stock is of nine percent. This comes after

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<v Speaker 1>demand fred Basity Medications Sort and thousands of patients started

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<v Speaker 1>taking its new weight loss pills. Of course, press have

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<v Speaker 1>been falling down, so there was a lot of tension

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<v Speaker 1>whether this company will continue to sort to new highs.

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<v Speaker 1>It's been under a lot of precious since November. It's

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<v Speaker 1>twenty three percent, but now there is some new optimism interesting.

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<v Speaker 2>Space to watch the stock mover's 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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