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Bloomberg Markets

AutoZone & Ferrari Slide; Eli Lilly Announces Acquisitions | Stock Movers

AutoZone & Ferrari Slide; Eli Lilly Announces Acquisitions | Stock Movers
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On this episode of Stock Movers: - AutoZone (AZO) shares fall after the retailer of automotive replacement parts posted comparable sales for the third quarter that fell short of Wall Street’s expectations. - Ferrari (RACE IM) shares fell almost 8% after critics panned the look of its first fully electric vehicle, a setback for the Italian super-car maker’s controversial push into EVs. - Eli Lil

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Global spending on the World Cup could top $80 billion. But even though it starts in a few weeks, many hotels in US host cities still have rooms available and games are not sold out because ticket prices are so high. But brands such as Adidas and Nike are still spending millions on partnerships. Bloomberg Intelligence Senior Retail Staples Analyst Jennifer Bartashus talks about it all on Bloomberg Radio. (Source: Bloomberg)

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