1 00:00:02,520 --> 00:00:08,800 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The. 2 00:00:08,880 --> 00:00:13,160 Speaker 2: Stock Movers podcast, your roundup of companies making moves in 3 00:00:13,200 --> 00:00:16,480 Speaker 2: the stock market, harnessing the power of Bloomberg Data. 4 00:00:17,360 --> 00:00:20,479 Speaker 3: Now the stock movers that you will see as a 5 00:00:20,560 --> 00:00:21,840 Speaker 3: Stock Movers podcast. 6 00:00:21,920 --> 00:00:24,560 Speaker 4: Lisa, you got it. So let's start with McDonald's because 7 00:00:24,680 --> 00:00:26,720 Speaker 4: you went there, So let's go there. The shares have 8 00:00:26,760 --> 00:00:29,600 Speaker 4: been down as much as two percent. So what the 9 00:00:29,680 --> 00:00:31,760 Speaker 4: problem is. They're having a tough time getting people in 10 00:00:31,800 --> 00:00:34,200 Speaker 4: the door? Okay, sales fell in the first quarter. Same 11 00:00:34,240 --> 00:00:36,560 Speaker 4: store sales drop three point six percent in the US. 12 00:00:36,600 --> 00:00:39,720 Speaker 4: It's biggest dropped since the second quarter of twenty twenty. 13 00:00:40,159 --> 00:00:42,920 Speaker 4: And it's been trying, right. It's put out the affordable menus, 14 00:00:42,920 --> 00:00:45,519 Speaker 4: you get the value meal right, limited time offerings that 15 00:00:45,560 --> 00:00:48,200 Speaker 4: made it even cheaper. But it's just not working. They're 16 00:00:48,200 --> 00:00:50,919 Speaker 4: saying consumer sentiment is down. And we saw the same 17 00:00:50,920 --> 00:00:53,440 Speaker 4: thing at Chipotle. We saw the same thing at Starbucks too. 18 00:00:53,720 --> 00:00:54,880 Speaker 1: I don't have a thing in front of me. 19 00:00:55,000 --> 00:00:57,760 Speaker 3: I saw something yesterday the day before that showed a 20 00:00:57,840 --> 00:01:01,600 Speaker 3: price of like a large fries fries two or four 21 00:01:01,680 --> 00:01:04,760 Speaker 3: years ago, and now I had no idea how expensive 22 00:01:04,800 --> 00:01:05,320 Speaker 3: it's become. 23 00:01:05,560 --> 00:01:08,200 Speaker 4: Yeah, and they've been trying to put out the deals. 24 00:01:07,760 --> 00:01:09,480 Speaker 2: But I put it number two with a coke. It's 25 00:01:09,480 --> 00:01:10,640 Speaker 2: been my same order since I was. 26 00:01:10,600 --> 00:01:14,320 Speaker 4: Like twelve to go do it works, But it's tough 27 00:01:14,319 --> 00:01:16,240 Speaker 4: that the CEO saying, you know what we're gonna We're 28 00:01:16,240 --> 00:01:18,240 Speaker 4: gonna get through this. We're gonna gain market share, but 29 00:01:18,280 --> 00:01:21,080 Speaker 4: the shares are still down. So I am a Mickey 30 00:01:21,120 --> 00:01:21,480 Speaker 4: Dsch fan. 31 00:01:21,640 --> 00:01:22,520 Speaker 2: Push comes to shove. 32 00:01:22,720 --> 00:01:25,240 Speaker 4: I'm happy as a clam to go to MECU. I 33 00:01:25,280 --> 00:01:28,959 Speaker 4: know I've gotten the doordashed thing many times to my 34 00:01:29,040 --> 00:01:34,120 Speaker 4: door for the children, so yes, Next, I know Breakfast 35 00:01:34,600 --> 00:01:36,959 Speaker 4: CBS shares they've been up as much as ten percent, 36 00:01:37,040 --> 00:01:39,759 Speaker 4: so yes, they had better than expected first quarter earnings. Right, 37 00:01:39,800 --> 00:01:42,880 Speaker 4: But the big story is that it's care Mark division. 38 00:01:42,880 --> 00:01:45,440 Speaker 4: They partnered with Novo Nordis to make we Go V 39 00:01:46,400 --> 00:01:48,559 Speaker 4: more available to its members. That's the weight loss drugs, 40 00:01:48,560 --> 00:01:50,480 Speaker 4: So Novo shares they were up as much as six 41 00:01:50,520 --> 00:01:53,600 Speaker 4: percent in Copenhagen. But who it's bad news for is 42 00:01:53,600 --> 00:01:56,360 Speaker 4: Eli Lilly and their zep bound because that was moved 43 00:01:56,520 --> 00:01:59,520 Speaker 4: off that list of preferred drugs. So it's shares of 44 00:01:59,560 --> 00:02:02,160 Speaker 4: taken AHAD down as much as six percent. But what 45 00:02:02,200 --> 00:02:04,720 Speaker 4: the change means is that Eli Lilly's drug is going 46 00:02:04,760 --> 00:02:08,160 Speaker 4: to cost more to insurers or employers or use CBS 47 00:02:08,200 --> 00:02:11,920 Speaker 4: care Mark, So that starts July first, So that was 48 00:02:11,960 --> 00:02:14,160 Speaker 4: one thing. They also had a different part of news 49 00:02:14,160 --> 00:02:16,560 Speaker 4: from CBS that they're at in a unit is exiting 50 00:02:16,560 --> 00:02:19,920 Speaker 4: the Affordable Care Act insurance market in twenty twenty six, 51 00:02:20,400 --> 00:02:22,360 Speaker 4: so they said I was doing an unstable, you know, 52 00:02:22,480 --> 00:02:25,320 Speaker 4: performance money losing plans on socket. 53 00:02:25,400 --> 00:02:29,040 Speaker 1: Rhode Island, fourteen miles south is Pawtucket. Thank you to 54 00:02:29,120 --> 00:02:33,119 Speaker 1: our listeners and records. Got a wonderful, wonderful note from 55 00:02:33,120 --> 00:02:36,200 Speaker 1: a guy with his fond memories of the Pawtucket retz. 56 00:02:36,360 --> 00:02:37,959 Speaker 2: Yeah, I mean I went through again there once, so 57 00:02:37,960 --> 00:02:39,799 Speaker 2: it's awesome, awesome, Yeah, great. 58 00:02:39,639 --> 00:02:41,840 Speaker 1: Good morning, Rhode Island. Thank you, Conn. 59 00:02:41,639 --> 00:02:44,480 Speaker 4: Excellent Qualcom you know them right. The biggest maker of 60 00:02:44,560 --> 00:02:48,000 Speaker 4: chips run Smart MAGS seven. They're not Mag seven Nope. 61 00:02:48,520 --> 00:02:52,799 Speaker 4: Shares have been a lower delivering a revenue forecast below estimates. 62 00:02:53,240 --> 00:02:56,080 Speaker 4: But what it's doing it's increasing worries that tariffs are 63 00:02:56,080 --> 00:02:58,600 Speaker 4: going to hurt demand for its products. So China the 64 00:02:58,600 --> 00:03:02,480 Speaker 4: biggest market for chips. And then you have local phonemakers. 65 00:03:02,760 --> 00:03:04,440 Speaker 4: There are a lot of its top customers, but it's 66 00:03:04,480 --> 00:03:07,120 Speaker 4: not just Qualcom right now. We've heard of Intel others 67 00:03:07,120 --> 00:03:10,440 Speaker 4: that they've given like this cautious outlook lately, so it's 68 00:03:10,520 --> 00:03:12,040 Speaker 4: kind of becoming this trend in Qualcom. 69 00:03:12,040 --> 00:03:16,280 Speaker 2: You can add to the list the Stock Movers podcast 70 00:03:16,480 --> 00:03:19,639 Speaker 2: from Bloomberg Radio. Check back with us throughout the day 71 00:03:19,760 --> 00:03:22,680 Speaker 2: for the latest roundup of companies making news on Wall 72 00:03:22,680 --> 00:03:26,080 Speaker 2: Street and for the latest market moving headlines. Listen to 73 00:03:26,120 --> 00:03:30,200 Speaker 2: Bloomberg Radio Live, catch us on YouTube, Bloomberg dot com, 74 00:03:30,200 --> 00:03:33,840 Speaker 2: and on Applecarplay and Android Auto with the Bloomberg Business app.