Bloomberg Audio Studios, podcasts, radio news. The Stock Movers Report, your roundup of companies making moves in the stock market, harnessing the power of Bloomberg Data.
Those who are the some stock movers, some individual stock movers. Today we go to Nora Melinda nor what are you looking at? What we're seeing? Information technology is the worst performing sector in the S and P five hundred and this is no surprise, with a lot of the mag seven stocks falling, of course, many of this led by Meta. We're seeing shares of Meta down as much as fourteen percent. This is the worst day that we're seeing here for the company in over a year. And this is really
investors being spooked by spending here. So we're hearing a lot of heavy spending from a lot of these AI giants here, but it's really about whether or not they're able to back up everything that they're putting down and pouring their money into. And it seems as though Wall Street is really closely scrutinizing Meta here. In particular, they are planning to raise at least twenty five billion dollars
in an investment grade bond sale today. But of course, if we look at Alphabet, Meta, Microsoft altogether, they're about to rack up as much as seventy eight billion dollars in CAPEX last quarter, especially as they really just underscore these AI bets they have here. But you really are seeing shares of Meta taking it to the chin here.
Speaking of taking it to the chin, let's look at Chipotlet.
The worst performing stock in the S and P five hundred. I love to talk about food, honestly, so this is a great moment for me. But shares of Chipotlet in focus here ticker CMG, and they're falling, I mean, dismal performance here, worse stay since twenty twelve, falling as much as twenty two percent. This stuff of the company cut its outlooked for the year. They're saying that diners are pulling back from eating out, and they're really worried about
consumers brending more broadly. But also they attributed rising costs to an increase in beef prices and the impact of new tariffs here. So it's really about what the CEO can do in this moment to really paint a turnaround story, especially for a company that's down about forty six percent so far this year. Another one out there.
Eli Lilly's a good one today.
Yes, ticker l l Y. We're seeing shares of Elie up a guidance boost here. We are seeing shares up as much as three point seven percent right now in trading. It's after it raised its full year guidance revenue from its weight loss drug and then diabetes drug usus Manjarro and zet Bound. Of course, these really having a combined nearly one point three billion dollars here in terms of expectations for that, and we did see a beat here as we look at these two drugs. So you're really
are seeing Wall Street coming behind the stock rallying. Shares of Elilily up about nine percent so far this year.
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