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

About this episode

This episode discusses the recent stock movements of Meta, Ford, and Eli Lilly based on their financial outlooks and market strategies.

On this episode of Stock Movers: - Meta (META US) shares plunge after the company raised its spending outlook for the year, driven by its AI strategy and higher component pricing. The social media giant projected full-year capital expenditures of $125 billion to $145 billion, exceeding analysts' estimates, and is kicking off a bond sale of between $20 billion and $25 billion in debt. - Ford (F) shares slide. The automaker raised its full-year profit outlook due to demand for high-margin pickups and SUVs, but warned of pressure from an unexpected rise in commodity costs. The company expects to earn as much as $10.5 billion before interest and taxes this year, and also expects a $2 billion profit hit from rising commodity prices such as steel and aluminum. - Eli Lilly (LLY) shares gain. The company raised its annual sales and profit forecast due to high demand for obesity medications and its new weight-loss pill. The company now sees 2026 sales rising to as much as $85 billion and 2026 profits in the range of $35.50 a share to $37 a share. See omnystudio.com/listener for privacy information.

People in this episode

Host: iHeartPodcasts

Topics covered

• stock market
• business news
• company earnings
• financial outlook
• investment strategies

Keywords

• Meta
• Ford
• Eli Lilly
• stock plunge
• sales forecast
• capital expenditures
• commodity costs
• obesity medications
• weight-loss pill

Mentioned in this episode

Organizations: Meta, Ford, Eli Lilly

Products: AI strategy, obesity medications, weight-loss pill

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