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☆ Stocks making the biggest moves midday: ResMed, Affirm, Nvidia, Anheuser-Busch and more
▼ + stars: | 2024-06-24 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Affirm — The buy now, pay later stock popped 10% after Goldman Sachs assumed coverage of the name at a buy rating. Roth MKM upgraded Cinemark to a buy from a neutral rating, saying that headwinds should soon shift to "very attractive tailwinds." Anheuser-Busch InBev — The brewing company's shares rose around 3% after UBS upgraded the stock to buy from neutral. Carrier Global — The heating and ventilation stock rose 3% on the heels of a Citi upgrade to buy from neutral. Energy stocks – A slate of energy names rose as crude oil futures jumped to start the last week of June.

Persons: Eli Lilly, tirzepatide, Eli Lilly's, ATTR, Goldman Sachs, Will Nance, Roth MKM, headwinds, Morgan Stanley, Cowen, Ferrari, Brent, SLB, Baker Hughes, — CNBC's Lisa Han, Jesse Pound, Alex Harring, Sean Conlon, Samantha Subin Organizations: Systems, Food and Drug Administration, Coyote Logistics, UPS, Alnylam Pharmaceuticals, Nvidia, Microsoft, Anheuser, Busch InBev, UBS, Busch, IBM, Ryder, Carrier, Citi, Ferrari —, Energy, West Texas Intermediate, APA Locations: U.S

☆ Corona brewer Constellation is set to grab more prime real estate at stores — driving sales and its stock
▼ + stars: | 2024-06-24 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

Constellation Brands has an upper hand in a battle for coveted — but shrinking — territory in stores, according to new Wall Street research. In fact, displays provide more of a lift to sales than shelf-space gains for brands, Jefferies analysts said. STZ 5Y mountain Constellation Brands' stock performance over the past five years. We have a buy-it-here 1 rating on Constellation Brands and a price target of $300, implying about 14% upside from Friday's close. Constellation Brands' Corona Light is displayed for sale at a grocery store in New York.

Persons: Jefferies, Molson Coors, we've, —, Jim Cramer, Eli Lilly, Jim, Elliott, Jim Cramer's, Scott Eells Organizations: Constellation Brands, Modelo, Pacifico, Jefferies, Anheuser, Busch InBev, Molson, Boston Beer, Club, Investing Club, Elliott Management, CNBC, Bloomberg, Getty Locations: Corona, Victoria, U.S, New York

☆ Here are Monday's biggest analyst calls: Nvidia, Amazon, IBM, Micron, Apple, Tesla, Broadcom, Planet Fitness, UnitedHealth & more
▼ + stars: | 2024-06-24 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Morgan Stanley initiates Ryder System as overweight Morgan Stanley said the transformation is underway for the transport company. " Morgan Stanley names UnitedHealth a top pick Morgan Stanley said the health-care company is compelling. "With this note, we are adjusting our Top Pick to UNH (from CI), where its relative share price performance presents an opportunity in our view." Morgan Stanley initiates Elevance Health as overweight Morgan Stanley called out Elevance Health's earnings power as it initiated coverage of the stock. " Melius reiterates Apple as buy Melius raised its price target on Apple to $260 per share from $227.

Persons: Jefferies, kingmaker, CARR, Goldman Sachs, Goldman, Morgan Stanley, Ryder, UnitedHealth, Bernstein, Tesla, TD Cowen, TD, it's, Melius, BEV, Eli Lilly, LLY Organizations: Nvidia, Citi, Micron, Carrier, UBS, Anheuser, Busch InBev, IBM, Bank of America, Broadcom, VMWare, CI, Elevance Health, Cherniere Energy, Cheniere Energy Inc, Ally, Barclays, Apple, " Bank of America, Alexa, Reuters, China, JPMorgan, Royal Locations: LLY, Royal Caribbean

☆ Novo Nordisk to build $4.1 billion North Carolina facility to boost output of Wegovy, Ozempic
▼ + stars: | 2024-06-24 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

Novo Nordisk on Monday said it will spend $4.1 billion to build a new manufacturing plant in Clayton, North Carolina, in a bid to boost the supply of its blockbuster weight loss drug Wegovy, diabetes treatment Ozempic and other injectable therapies. The company said it plans to invest $6.8 billion in production this year, up from roughly $4 billion last year. Construction of the 1.4 million-square-foot facility has begun and is expected to be completed between 2027 and 2029, Novo Nordisk said. Twelve other production sites are located in Denmark, France, China, Japan, Algeria, Brazil, Iran and Russia, according to a Novo Nordisk spokesperson. Around 35,000 U.S. patients on average start Wegovy each week today, up from roughly 27,000 in May, a Novo Nordisk spokesperson said in a statement.

Persons: Doug Langa, Clayton —, Langa, Eli Lilly Organizations: Novo Nordisk, Danish, Novo Nordisk's, Drug Administration Locations: Clayton , North Carolina, U.S, Novo, North Carolina, Clayton, Durham , North Carolina, West Lebanon , New Hampshire, Denmark, France, China, Japan, Algeria, Brazil, Iran, Russia

☆ Eli Lilly's treatment for obesity and diabetes looks promising for another severe condition
▼ + stars: | 2024-06-24 | by ( Morgan Chittum | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. "This is what the bears should be most worried about, which is the [market] broadening out," Jim Cramer said Monday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Morgan Stanley, Wells Fargo, Eli Lilly, Jim, Jim Cramer's Organizations: CNBC, Dow, Nasdaq, Honeywell, Coterra Energy, Nvidia, Microsoft, U.S

☆ Here's our first-quarter earnings report card for 32 stocks in the portfolio
▼ + stars: | 2024-06-21 | by ( Zev Fima | ) www.cnbc.com time to read: +14 min

Most of the earnings reports — 25 out of 32 portfolio names — were ranked as good or great by the Investing Club. Similar to prior quarters, we grouped company results into one of four categories. Meta Platforms : Sales, earnings and cash flow results all topped expectations . However, sales and earnings both outpaced expectations, as did return on tangible common equity, a key consideration when valuing banks. The company also raised its outlook for full-year earnings growth to 25% year-over-year from 20%.

Persons: we're, Dover, Eli Lilly, Blackwell, Abbott, —, Wall, We'll, Morgan Stanley, Nikesh, Stanley Black, Wells, Estee Lauder, Fabrizio Freda, Jim Cramer's, Jim Cramer, Jim, Hock Tan, Broadcom Lucas Jackson Organizations: Investing, Apple, Services, Broadcom, VMware, Coterra, DuPont, Microsoft, Nvidia, Wynn Resorts, Super, Abbott Labs, Web Services, Constellation Brands, Constellation, Ford, Ford Pro, Wall Street, Alto Networks, Procter & Gamble, TJX, GE Healthcare, Honeywell, Linde, Jim Cramer's Charitable, CNBC Locations: Dover, China, Eaton, Las Vegas, China's Macao, billings, Wells Fargo, —

☆ Three-Stock Lunch: Nvidia, Eli Lilly & Chipotle
▼ + stars: | 2024-06-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree-Stock Lunch: Nvidia, Eli Lilly & ChipotleDavid Bahnsen, chief investment officer at the Bahnsen Group, joins 'Power Lunch' to discuss stock plays for three stocks, including Nvidia, Eli Lilly, and Chipotle.

Persons: Eli Lilly, Chipotle David Bahnsen Organizations: Nvidia, Bahnsen

☆ Lilly King gets engaged immediately after her race at the US Olympic swimming trials
▼ + stars: | 2024-06-21 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +1 min

CNN —Swimmer Lilly King might be aiming for Olympic glory next month, but she got at least one of her rings early after her longtime boyfriend proposed to her following her race at the US Olympic trials. After coming second in the 200m breaststroke final in Indianapolis on Thursday, the double Olympic gold medallist was greeted by boyfriend James Wells on the pool deck. King had already qualified for her third Summer Games by winning the 100m breaststroke final on Monday. After winning gold in the women’s 100m breaststroke at Rio 2016, King was part of the US team to claim gold in the women’s 4x100m medley relay at the same Games. She won the 100m breaststroke world title in world record time a year later at the 2019 World Championships, and helped the US break the 4x100m medley relay world record.

Persons: Lilly, James Wells, ” King, Wells, “, ” Wells, King Organizations: CNN, NBC, Rio, Tokyo Locations: Indianapolis

☆ Eli Lilly expects FDA decision on weight loss drug Zepbound for sleep apnea as early as end of the year
▼ + stars: | 2024-06-21 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +5 min

Eli Lilly presented the new data from the trials at the American Diabetes Association's 84th Scientific Sessions in Orlando, Florida, on Friday. An estimated 80 million patients in the U.S. experience the disease, Eli Lilly said in a press release. Disease resolution for OSA is defined as a patient having fewer than five AHI events per hour, according to Eli Lilly. Eli Lilly on Friday reiterated that Zepbound met the main goal of the trial, which was reducing AHI events. Eli Lilly previously announced that the FDA granted Zepbound "fast track designation" for patients with moderate-to-severe OSA and obesity.

Persons: Eli Lilly, Zepbound, Patrik Jonsson, Jonsson, Leonard Glass, —, Eli Lilly's Organizations: Food and Drug Administration, Diabetes, CNBC, OSA, FDA Locations: Orlando , Florida, U.S

☆ CNBC Daily Open: Russia-North Korea defense pact
▼ + stars: | 2024-06-20 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Russia-North Korea partnershipRussia and North Korea signed a "comprehensive strategic partnership" deal on Wednesday, including a mutual defense pact, during President Vladimir Putin's first state visit to North Korea in 24 years. While the 2% inflation mark is significant, it was anticipated and mainly driven by lower energy prices. Musk clarifies remarksElon Musk attempted to clarify his controversial remarks after advertisers threatened to leave X. Musk previously told advertisers to "go f--- yourself."

Persons: Vladimir Putin's, Putin, Kim Jong Un, CNBC's Holly Ellyatt, Elon Musk, Musk, Eli Lilly Organizations: CNBC, Bank of England, Cannes Lions, CAC, Nasdaq Locations: Russia, North Korea, Ukraine, Cannes, France

☆ Israel-Hamas war: Why Hezbollah is threatening Cyprus
▼ + stars: | 2024-06-20 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +9 min

While experts say war between Israel and Hezbollah remains unlikely, the very mention of Cyprus adds a new dimension to the Israel-Hamas conflict in Gaza. Stavros Ioannides/PIO/ReutersWhat has Cyprus’ role been in the Gaza war? Cyprus has been keen to dispel any suggestions that it is implicated in the Gaza war, noting its humanitarian efforts that helped bring some aid into Gaza. It would mean that an EU country is, for the first time, directly involved in an expanded Gaza war. “The US also does not want to find itself in another Middle East quagmire, especially with presidential elections looming.”

Persons: Hassan Nasrallah, ”, Nikos Christodoulides, ” Peter Stano, Abdallah Bou Habib, Constantinos Kombos, Lebanon’s, Israel, “, Eli Cohen, Stavros Ioannides, PIO, Christodoulides, Yiannis Kourtoglou, ” Mohammad Ali Shabani, Amwaj.media, ” Lina Khatib, ” Khatib, Biden Organizations: CNN, Lebanese, European Union, EU, United Nations, Lebanon’s, Cypriot, Israel, The, NATO, Israel Defense Forces, IDF, Reuters, Spanish, North Africa, Chatham House Locations: Cyprus, Israel, “ Cyprus, Iran, Lebanon, EU, Greece, Gaza, East, Europe, European, Delaware, Republic of Cyprus, Turkish, Turkish Republic of Northern Cyprus, Turkey, The Republic of Cyprus, Nicosia, Tel Aviv, Larnaca, ”, UAE, Russian, Syria, London, Haifa, “

☆ This AI play is about to pass Warren Buffett’s Berkshire Hathaway in market value
▼ + stars: | 2024-06-20 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Once-obscure chipmaker Broadcom has enjoyed a record-setting rally that's pushed its market capitalization inches behind Warren Buffett's Berkshire Hathaway conglomerate and its portfolio of household names and economic bellwethers. When Broadcom hit an all-time high earlier this week, its market capitalization briefly surpassed drug maker Eli Lilly's. As of Tuesday's close, Broadcom had a market cap of $839 billion, right behind Eli Lilly's $845 billion and Berkshire's $882 billion. Omaha-based Berkshire is currently No.7 in market value, after a cluster of megacap technology giants. Big AI beneficiary Broadcom, meanwhile, is seeing strong demand from customers in need of high-capacity chips that can power complex AI applications.

Persons: that's, Warren Buffett's, Eli Lilly's, Hock Tan, Steve Sosnick, Tesla, Morgan Stanley Organizations: Broadcom, Warren, Warren Buffett's Berkshire Hathaway, Apple, Berkshire, BNSF Railway, Geico Insurance, U.S ., PetroChina, Bank of America, Interactive Brokers, VMware Locations: Palo Alto , California, Omaha, Berkshire, U.S, Saudi Aramco

☆ Why Hezbollah is threatening this tiny European country
▼ + stars: | 2024-06-20 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +7 min

An island in the Eastern Mediterranean located on a geopolitical fault line between the Middle East and southern Europe, Cyprus is geographically much closer to the conflicts in the Middle East than it is to European power centers. The island has previously been caught in the crossfire of regional conflicts, a reminder of its proximity to the volatile Middle East. It would mean that an EU country is, for the first time, directly involved in an expanded Gaza war. “It is normal for both Israel and Hezbollah to have military plans in place for handling a potential escalation. “The US also does not want to find itself in another Middle East quagmire, especially with presidential elections looming.”

Persons: Hassan Nasrallah, ”, Nikos Christodoulides, Israel, Constantinos Kombos, Eli Cohen, Stavros Ioannides, PIO, Christodoulides, “, Yiannis Kourtoglou, ” Mohammad Ali Shabani, Amwaj.media, ” Lina Khatib, ” Khatib, Biden Organizations: CNN, Lebanese, Union, Israel, The, NATO, Israel Defense Forces, IDF, Cypriot, Reuters, Spanish, European Union, North Africa, Chatham House Locations: Cyprus, Israel, “ Cyprus, Iran, Lebanon, Gaza, East, Europe, European, Delaware, Republic of Cyprus, Turkish, Turkish Republic of Northern Cyprus, Greece, Turkey, The Republic of Cyprus, Nicosia, Tel Aviv, Larnaca, ”, EU, UAE, Russian, Syria, London, Haifa, “

☆ 10 things to watch in the stock market Thursday including the latest call on Nvidia
▼ + stars: | 2024-06-20 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Stifel raised its price target on Nvidia to $165 a share from $114, implying nearly 22% upside from Tuesday's close. Keybanc raised its price target on Club holding Meta Platforms to $540 a share from $475, citing a "meaningful uptick" in ad prices. Tesla price target lowered to $227 a share from $293 at RBC Capital, but analysts maintained their outperform rating on the electric vehicle maker's stock. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Stifel, Olive Garden, Piper Sandler, Keefe, Eli Lilly, Tesla, Uber, Jim Cramer's, Jim Cramer, Jim Organizations: Nasdaq, Nvidia, Microsoft, Darden, LongHorn, Honeywell, CAES, Holdings, Accenture, Citigroup, Citi Services, Citi . Club, RBC Capital, RBC, Jim Cramer's Charitable, CNBC Locations: U.S

☆ Opinion | Political Scientists Want to Know Why We Hate Each Other This Much
▼ + stars: | 2024-06-19 | by ( Thomas B. Edsall | ) www.nytimes.com time to read: +1 min

Who among us are the most willing to jettison democratic elections? Which voters not only detest their political adversaries, but long for their destruction? These questions are now at the heart of political science. Who, then, falls into this subset of partisan sectarians? The authors cite a set of nine polling questions that ask voters to assess their feelings toward members of the opposition on a scale of 1 to 6, with six the most hostile.

Persons: ” Eli Finkel, Jamie Druckman, Alexander Landry of Stanford, Jay Van Bavel, Rick H, Hoyle, Duke, ” Locations: Northwestern

☆ Meet the hobbyists who collect barf bags
▼ + stars: | 2024-06-19 | by ( Aj Willingham | ) edition.cnn.com time to read: +12 min

CNN —“I collect barf bags” is not a complete sentence. “I collect barf bags because they’re pretty neat.”“I collect barf bags, and I’m not the only one.”Of the eight billion people on the planet, the number of serious barf bag collectors is just north of 100, according to notable members of their ranks. The ineffable whyWhen Steve Silberburg started collecting barf bags around 1981, he thought he would be the only one. People were indeed amused, but it had an unintended side effect: Classmates started bringing Silberburg other barf bags to add to his collection. “We don’t want anybody to get ahead of us, you know.”“It makes a good litmus test, telling people you collect barf bags,” Silberburg says.

Persons: CNN —, I’m, Dramamine —, Steve Silberburg, ”, ” Silberburg, Silberburg, Eli Cox, “ It’s, that’s, Cox, “, Bob Grove, Bruce Kelly, Grove, Bob Grove's tastefully, Dramamine Bruce Kelly, Grove’s, “ I’ve, ” Kelly, Kelly, somebody’s, it’s, Bruce Kelly's, Gilmore Schjeldahl, Louis, ” Bruce Kelly, ’ Organizations: CNN, Maine, Finn Aviation, TWA Locations: “, New York City, Boston, San Francisco, Austin , Texas, San Diego, Tijuana, Burma, Myanmar, American, North Dakotan, Finnish, Omaha, St, England, Japan, Europe

☆ Nvidia and these other megacap stocks are extremely overbought and could be due for a near-term pullback
▼ + stars: | 2024-06-19 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Now that megacap stocks have lifted the S & P 500 and Nasdaq Composite indexes to all-time highs, some stocks in the group have risen so high, so fast they may actually be due for a pullback. Pharmaceutical developer Eli Lilly , maker of Mounjaro for Type 2 diabetes and Zepbound for obesity, is higher by 53% this year. By contrast, the S & P 500 is up 15% this year, through Tuesday's close. Eli Lilly is also now extremely overbought, Bespoke said, after benefiting from increased demand for its weight loss and diabetes drugs. Other stocks considered extremely overbought are Nvidia, Apple and Microsoft, which have traded more than 33%, 17% and 7%, respectively, above their 50-day moving averages.

Persons: Eli Lilly, Lilly Organizations: Nasdaq, Nvidia, Broadcom, Pharmaceutical, Investment, Microsoft, Apple Locations: Tuesday's, Indiana

☆ Children with high BMIs should not use obesity medications like WeGovy, US doctors warn
▼ + stars: | 2024-06-19 | by ( Julia Naftulin | ) www.businessinsider.com time to read: +4 min

Read previewWith weight-loss drugs like WeGovy and Ozempic dominating many of today's consumer healthcare conversations, there's a mounting concern for a particularly vulnerable group: children. In January 2023, the American Academy of Pediatrics (AAP) recommended that healthcare providers offer weight-loss medications, in addition to lifestyle adjustments, to treat obesity in children 12 and older. And in addition, there was limited evidence on weight loss maintenance after medications were discontinued in children," Nicholson said. These injectable drugs have proven successful as weight-loss interventions for adults with obesity, early research shows. Nicholson said clinicians have used lifestyle interventions, like nutrition and exercise plans, to help children with obesity lose weight and reduce risk factors like hypertension, diabetes, and liver disease.

Persons: —, Eli Lilly, Hilary Brueck, Wanda Nicholson, Nicholson, Amanda Staiano, Staino Organizations: Service, Pharmaceutical, Novo Nordisk, Business, American Academy of Pediatrics, US Preventive Services, Force, George Washington University School of Public Health, FDA, Pennington Biomedical Research, of Louisiana State University Locations: Pennington

☆ The retirement Catch-22
▼ + stars: | 2024-06-18 | by ( Ann C. Logue | ) www.businessinsider.com time to read: +10 min

The current Social Security retirement age is 67, but most Americans depart the workforce earlier than that. Instead of making it easier for Americans to save for retirement and work as long (or as short) as they want, Fink is setting up a catch-22: The economy needs aging Americans to work longer, but many companies simply don't want them. One of Button's studies looked at "bridge jobs , " part-time jobs in administration or retail that many people use to ease into retirement and cushion their finances. The same year, Scripps Medical Clinic in San Diego was ordered to pay $6.9 million for setting a mandatory retirement age for physicians of 70, regardless of the doctors' interest or abilities. And some older workers have heard all the corporate buzzwords and blather before, so they don't buy into management's sloganeering, rendering them "difficult."

Persons: Larry Fink, behemoth BlackRock, Fink, Daniel Ross, Ross, he's, Emily Dickens, SHRM's, We've, Stacie Haller, Patrick Button, Button, ResumeBuilder.com, Gen, we've, Mother Jones, Lilly Organizations: Social Security, Lawyers, Society, Human Resources Management, US Chamber of Commerce, Tulane University, IBM, Employment, Commission, Scripps Medical Clinic, Employers Locations: Down, Texas, Austin, San Diego

☆ Retirement Crisis: Boomers Need to Work Longer, No One Will Hire Them
▼ + stars: | 2024-06-18 | by ( Ann C. Logue | ) www.businessinsider.com time to read: +10 min

In order to avoid economic catastrophe, he argued, people should save more money and work longer. The current Social Security retirement age is 67, but most Americans depart the workforce earlier than that. For one, many older people cannot work because of a disability or because they need to care for someone else with a disability. And some older workers have heard all the corporate buzzwords and blather before, so they don't buy into management's sloganeering, rendering them "difficult." He's asking people who have not yet retired to work longer than their elders did and to save even more money, without changing the systematic barriers to either.

As the festival draws near, there are still a few avenues for how to buy HARD Summer Musical Festival 2024 tickets. We've got you covered if you're looking for how to get tickets for HARD Summer Music Festival 2024. Hard Summer Music Festival 2024 scheduleThere are three general ticket options for the 2024 HARD Summer Music Festival. How much are Hard Summer Music Festival tickets? The festival website also offers tickets for shuttles to the 2024 HARD Summer Music Festival, with prices for this feature beginning at $62.05.

Persons: Nelly Furtado, Fisher, Chris Lake, We've, Jamie XX, Seth Troxler, Chris Stussy, Hamdi, San, Chloé Caillet, Trucco, Carola, Cole Knight, Bianca, Hayes Bradley, Nazaar, Major Lazer, Sofi, Kenny Beats, Eli Brown, Dillon Francis, Matroda, DJ Heartstring, Kerri Chandler, Juelz, Beltran, Levity, SOSA, DJ Susan, ALLEYCVT, Camden Cox, Gudfella, Mary Droppinz Organizations: Business, Hollywood, Subtronics, Beltran B2B Locations: Angeles, Los Angeles, CA, Lake Hills, Panteros666

☆ AI e-commerce startup Constructor lands $25 million Series B led by Sapphire Ventures without actively fundraising. See the deck it used.
▼ + stars: | 2024-06-17 | by ( Madeline Stone | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Finkelshteyn, who is Constructor's CEO and cofounder, said he told Dham he didn't have a formal pitch deck prepared. I was never much good at pitching investors and hadn't done it in years, so figured I'd probably get some good practice and some good feedback," Finkelshteyn told Business Insider. Sapphire led Constructor's $25 million Series B, which also included participation from existing investor Silversmith Capital Partners. E-commerce companies use Constructor's tech to serve customers search results based on their browsing history.

Persons: —, Eli Finkelshteyn wasn't, Rajeev Dham, Finkelshteyn, Dham, I'd, Sapphire, we've, there's Organizations: Service, Sapphire Ventures, Business, Capital Partners

☆ Constellation is on pace for its best day of the year — here's what may be fueling the rally
▼ + stars: | 2024-06-17 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Constellation rebounds: There's a strong move happening in Constellation Brands for reasons that are not entirely clear. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Eli Lilly, donanemab, CNBC's Sara Eisen, Michael Dell, Jim Cramer's, Jim Organizations: CNBC, Markets, Nasdaq, Nvidia, Apple, Broadcom, Club, Honeywell, Energy, Drug Administration, Constellation Brands, Jefferies, Modelo, Corona, Dell Technologies, UBS, Jim Cramer's Charitable Locations: U.S

☆ How Eli Lilly is managing soaring demand for GLP-1s, according to outgoing CFO Anat Ashkenazi
▼ + stars: | 2024-06-17 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +2 min

Skyrocketing demand for a class of weight loss and diabetes treatments has lifted Eli Lilly to new heights over the last year. But the drugmaker has much more work it wants to do with that hard-won success, outgoing Chief Financial Officer Anat Ashkenazi told CNBC. Ashkenazi took over as CFO at Eli Lilly in 2021 after roughly two decades with the pharmaceutical giant. Her tenure hasn't come without challenges: Eli Lilly and rival Novo Nordisk have both struggled to manufacture enough supply of their treatments to meet unprecedented demand, causing nationwide shortages of those drugs. Eli Lilly does not expect to match the pace of demand this year and maybe not even in 2025, Ashkenazi said at a conference in March.

Persons: Eli Lilly, Anat Ashkenazi, Eli, Zepbound, Ashkenazi, Eli Lilly's Organizations: CNBC, Novo Nordisk

☆ Tony Awards 2024: See the full list of winners (Updating live)
▼ + stars: | 2024-06-16 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +8 min

CNN —The 2024 Tony Awards are underway at the David H. Koch Theater at Lincoln Center for the Performing Arts in New York City. Heading into the ceremony, Alicia Keys’ ambitious musical “Hell’s Kitchen” and “Stereophonic,” a play set in the ’70s about fictional band, led with 13 nominations each. Cast members from productions including “Cabaret at the Kit Kat Club,” “The Who’s Tommy,” “Water for Elephants” and the Hillary Clinton-produced “Suffs,” among others, are slated to perform. The Tony Awards are airing on CBS at 8 p.m. EDT/5 p.m. PDT and will stream on Paramount+ in the US. Here is a look at the full list of nominees, with winners indicated in bold, including those that were announced prior to the telecast.

Persons: Tony, David H, Oscar, Ariana DeBose, Billy Porter, Isabelle Stevenson Tony, Alicia Keys, ”, Kat, Tommy, Hillary Clinton, “ Mary Jane ”, “, Tommy ”, William Jackson Harper, “ Uncle Vanya ” Leslie Odom, Jr, Liev Schreiber, Jeremy Strong, Michael Stuhlbarg, Betsy Aidem, Republic ” Jessica Lange, ” Rachel McAdams, “ Mary Jane ” Sarah Paulson, Amy Ryan, Brody Grant, Jonathan Groff, Dorian Harewood, Brian d’Arcy James, Eddie Redmayne, Eden Espinosa, Maleah Joi Moon, Kelli O’Hara, ” Maryann Plunkett, ” Gayle Rankin, Will Brill, Eli Gelb, Jim Parsons, Tom Pecinka, Corey Stoll, Quincy Tyler Bernstine, Juliana Canfield, Celia Keenan, Bolger, Sarah Pidgeon, Kara Young, Roger Bart, Joshua Boone, Brandon Victor Dixon, Lynch, Daniel Radcliffe, Steven Skybell, Bean, Amber Iman, “ Lempicka, Nikki M, James, “ Suffs ” Leslie Rodriguez Kritzer, “ Monty Python’s, Kecia Lewis, ” Lindsay Mendez, Bebe Neuwirth, ” Kristoffer Diaz, ” Adam Rapp, Justin Levine “ Suffs, ” Shaina Taub, ” Rick Elice, Adam Guettel, David Byrne, Fatboy Slim, David Byrne “, Jonathan Clay, Zach Chance, Justin Levine, Will Butler “ Suffs, Shaina Taub, Derek McLane, ” David Zinn, Tatiana Kahvegian, Robert Brill, Peter Nigrini, Takeshi Kata, David Korins, Riccardo Hernández, Lempicka, Tim Hatley, Finn Ross, Tom Scutt, Dede Ayite, Enver Chakartash, Emilio Sosa, Linda Cho, David Israel Reynoso, Paul Tazewell, “ Suffs, Isabella Byrd, Amith, Republic ” Jiyoun Chang, Jane Cox, Natasha Katz, Brandon Stirling Baker, “ Illinoise, ” Natasha Katz, ” Bradley King, David Bengali, Brian MacDevitt, Hana S, Kim, Justin Ellington, Stefania Bulbarella, Leah Gelpe, “ Mary Jane ” Tom Gibbons, ” Bray, Will Pickens, Ryan Rumery, Cody Spencer, Kai Harada, Nick Lidster, Gareth Owen, Daniel Aukin, Anne Kauffman, “ Mary Jane ” Kenny Leon, Lila Neugebauer, Whitney White, Maria Friedman, Michael Greif, ” Leigh Silverman, Jessica Stone, Annie, Parson, Camille A . Brown, Rick Kuperman, Jeff Kuperman, Justin Peck, Jesse Robb, Shana Carroll, Timo Andres, ” Will Butler, Justin Craig, Matt Hinkley, Tom Kitt, Adam Blackstone, Jonathan Tunick Organizations: CNN, Koch, Lincoln Center, Performing Arts, CBS, Paramount, “ Patriots, Lakota, Jamestown, ” Bray Poor Locations: New York City, Hinton, Republic, “

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