Google vs. Meta, Boeing-Airbus, Chipotle: Trending Stocks

Why did Alphabet (GOOG, GOOGL) soar while Meta (META) plummeted in premarket, in the wake of respective earnings reports? In aviation, the divide between Boeing (BA) and Airbus (AIR.PA) deepens, with the American plane maker's stock sliding - while its European rival rallies. Chipotle (CMG) tanks nearly 19% in premarket, along with other restaurant chains (CAVA, WING, SHAK) also in the red. In semiconductors, Samsung (005930.KS) and Nvidia (NVDA) are trending.

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Video Transcript

00:11 Speaker A

Now time for some of the trending tickers in the show today. We are taking a look at a variety of names that are moving.

00:17 Speaker A

Let's start with uh Boeing and Airbus. It's a tale of two plane makers and the divide just keeps deepening here.

00:26 Speaker A

Airbus is up sharply after reporting earnings last night, while Boeing is suffering, still in the red even after it closed down yesterday.

00:35 Speaker A

Now, Boeing is taking a nearly $5 billion charge linked to delays in its 777X jet program, but there's also some good news.

00:44 Speaker A

CEO Kelly Ortberg pointed out that new milestones have been achieved including positive cash flow.

00:51 Speaker A

Meanwhile, Airbus is navigating its own issues. For instance, it's still struggling to keep up with demand due to various delays in its supply chains, particularly with engines, but Airbus confirmed its ambitious financial targets for the year and posted some strong numbers with net profit increasing 14% to 1.12 billion euros.

01:10 Speaker A

Now, some investors are also bullish on the positive impact of a trade deal between the US and Europe and Airbus's projects uh to co-create a new entity to compete with Elon Musk's SpaceX also boosting optimism there.

01:26 Speaker A

Now, the good news for both aviation giants is that their order backlogs do remain high.

01:32 Speaker A

Next up, let's take a look at shares of Chipotle. Uh the stock of the Mexican grilled chain plunged about 19% overnight after the company lowered its full-year projection on traffic in its restaurants.

01:47 Speaker A

Analysts saying that Chipotle's premium is clearly at risk if the company doesn't find a way to reignite growth.

01:55 Speaker A

Specifically, Chipotle's Q3 revenue came in around 3 billion versus estimates of around 3.05 billion and high costs also weighed on margins.

02:05 Speaker A

One thought to highlight here, when even a market darling like Chipotle is showing cracks, it's probably telling us something broader about consumer spending and margin pressure in the overall sector.

02:15 Speaker A

That seems to be what investors are thinking as Chipotle's peers are also down. You're seeing shares of Cava Group, Shake Shack and Wingstop all in the red early this morning.

02:27 Speaker A

And now let's talk about chips, the semiconductor type, of course. South Korea's Samsung Electronics is posting strong gains today.

02:37 Speaker A

The company's semiconductor business posted an operating part profit of around 4.9 billion in Q3, that's up around 80% year-over-year, driven by strong global demand for memory chips and accelerated by AI server demand.

02:51 Speaker A

So put simply here, the rising tide in AI and data processing capabilities is growing and leading to some big winners on top of Nvidia.

03:00 Speaker A

Nvidia did make history this week by reaching an incredible $5 trillion market cap. It is now slightly down in pre-market. We'll see when Wall Street opens whether it can stay above that $5 trillion market cap.

03:13 Speaker A

It will depend mostly on how investors interpret the outcome of trade talks between President Trump and China's Xi Jinping, who remember, didn't end up talking about Nvidia's Blackwell chips.

03:25 Speaker A

And staying with the Mag 7 uh trade here, five of those tech giants have are are and have reported within just 36 hours of each other.

03:34 Speaker A

Apple and Amazon set to round out the week later today. And the amount of money that's flowing across those stocks is staggering.

03:41 Speaker A

Alphabet up around 8% now. Meta down more than 8% in pre-market trade. Alphabet, the clear winner so far delivering strong results that show its AI bets are paying off thanks to a big boost from advertising revenue.

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