On this episode of Stock Movers:
- Meta Platforms (META) shares jumped after the company’s advertising sales quelled Wall Street concerns about the impact of the Trump administration’s trade war, with first-quarter revenue beating expectations. Meta needs its advertising business, which makes up 98% of the company’s revenue, to continue growing in order to fund an expensive expansion in artificial intelligence. 
- Eli Lilly & Co.’s (LLY) shares dropped in morning trading after CVS Health Corp. announced a plan to drop its blockbuster weight-loss drug Zepbound, making rival Wegovy more widely available. The drugmaker also cut its full-year earnings outlook, citing research and development costs. 
- Kohl's (KSS) shares rise after the company fired its chief executive officer after the board found he directed the company to do millions of dollars of business with someone he had a personal relationship with on “highly unusual terms.” The company said it is starting a search to find a permanent replacement following the departure of Ashley Buchanan and that Chairman Michael Bender would serve as interim CEO, according to a statement.

On this episode of Stock Movers: - Meta Platforms (META) shares jumped after the company&rsquo;s advertising sales quelled Wall Street concerns about the impact of the Trump administration&rsquo;s trade war, with first-quarter revenue beating expectations. Meta needs its advertising business, which makes up 98% of the company&rsquo;s revenue, to continue growing in order to fund an expensive expansion in artificial intelligence. - Eli Lilly &amp; Co.&rsquo;s (LLY) shares dropped in morning trading after CVS Health Corp. announced a plan to drop its blockbuster weight-loss drug Zepbound, making rival Wegovy more widely available. The drugmaker also cut its full-year earnings outlook, citing research and development costs. - Kohl's (KSS) shares rise after the company fired its chief executive officer after the board found he directed the company to do millions of dollars of business with someone he had a personal relationship with on &ldquo;highly unusual terms.&rdquo; The company said it is starting a search to find a permanent replacement following the departure of Ashley Buchanan and that Chairman Michael Bender would serve as interim CEO, according to a statement.

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Stock Movers

Meta Jumps, Eli Lilly Drops, Kohl's Rises After Firing CEO 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/cc1a2e6c-6e87-40d3-87a3-b2d000eb57c3/transcript

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