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☆ Morgan Stanley ponders if Eli Lilly could be the first $1 trillion pharma stock on weight loss boom
▼ + stars: | 2024-02-16 | by ( Christina Cheddar Berk | In | ) www.cnbc.com time to read: +3 min

On Friday, Flynn raised his price target on Lilly shares to $950 from $805. With Lilly's stock closing Thursday at $757.78, the target suggests 25% more upside ahead. LLY 1Y mountain Eli Lilly shares over the past year. "LLY is establishing high barriers to entry in the diabesity market," Flynn said, adding that this is what contributes to its higher valuation. Phase 3 data is expected on orforglipron in 2025, which Flynn sees as a catalyst for the stock to go higher.

Persons: Eli Lilly, Morgan Stanley, Terence Flynn, Flynn, Lilly, Mounjaro, — CNBC's Michael Bloom Organizations: Novo Nordisk Locations: diabesity

☆ Calls of the Day: Trade Desk, Eli Lilly and Palo Alto Networks
▼ + stars: | 2024-02-16 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCalls of the Day: Trade Desk, Eli Lilly and Palo Alto NetworksThe “Halftime Report” Investment Committee debate the biggest analyst calls of the day.

Persons: Eli Lilly Organizations: Palo Alto

☆ Pharma and rideshare providers are among most overbought S&P 500 stocks this week
▼ + stars: | 2024-02-16 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Despite the market's lack of direction this week, investors nonetheless poured into some specific stocks, pushing them into overbought territory. The RSI, which measures the magnitude and speed of price moves, is a popular yardstick used to evaluate whether shares are overbought or oversold. A stock with a 14-day RSI above 70 is considered overbought, signaling a possible selling opportunity. Biogen is another stock on the list that took a sizable drop this week, with shares tumbling more than 7%. But Wall Street anticipates a turnaround, with the consensus price target reflecting the potential for upside of more than 38%, according to FactSet.

Persons: Eli Lilly, Tesla, Morgan Stanley, Terence Flynn, FactSet, Uber, Stephen Bersey, Bersey Organizations: Dow Jones, Nasdaq, Federal Reserve, CNBC, RSI, pharma, Traders, Uber, Technologies, HSBC Locations: Thursday's, Biogen

Greece has become the first majority-Orthodox Christian nation to legalize same-sex marriage under civil law. Public opinion in majority Orthodox countries has mostly been opposed, too. Civil unions may become more common among Orthodox countries gravitating toward the European Union. Greek Orthodox showed relative tolerance, with half of Orthodox saying homosexuality should be accepted and a quarter favoring same-sex marriage. As head of the Russian Orthodox Church, he oversees the world's largest Orthodox flock.

Persons: ”, Kyriakos Mitsotakis, “, George Demacopoulos, ” Demacopoulos, —, Vladimir Putin, “ perversions, Putin, Kirill, Moscow, Tiny Montenegro, Aleksandar Vucic, ″, ___ Smith, Yuras, Stephen McGrath, Illia Novikov, Veselin Toshkov Organizations: European Union, Pew Research Center, Orthodox Christian Studies Center, Fordham University, Ukrainian, of, of Human, Russian Orthodox Church, Kremlin, Russia’s, Levada, MONTENEGRO Serbia, Balkan, Serbian Orthodox Church, of Human Rights, Orthodox, Bulgarian Orthodox Church, Associated Press, Gec, Lilly Endowment Inc, AP Locations: Greece, Montenegro, Cyprus, Russia, Eastern Europe, Washington, New York, European, UKRAINE, Ukraine, RUSSIA, Russian, BELARUS, Belarus, SERBIA, MONTENEGRO, Serbia, ROMANIA, MOLDOVA Romania, Romania, Bucharest, Moldova, BULGARIA, Bulgaria, Pittsburgh, Tallin, Estonia, Belgrade, Kyiv, Sofia

☆ Friday's reach for another stock market record comes with a new, welcome wrinkle
▼ + stars: | 2024-02-16 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Remember, Jim Cramer kicked Tesla out and renamed the group of mega-cap market leaders the Significant Six. Mark your calendars: On Saturday, February 24, we'll be hosting our 2nd Annual Meeting for members of the CNBC Investing Club with Jim Cramer. 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, It's, Tesla, Wells Fargo, Eli Lilly, Foot, Danaher, we'll, Jim Cramer's, Jim Organizations: CNBC, Microsoft, Nvidia, Tesla, Club, GE Healthcare, UBS, HSBC, General, Linde, Disney, Apple, Alto Networks, Bausch Health, Coterra Energy, Walmart, Home, Jim Cramer's Charitable Locations: We're, Friday's, GEHC

☆ Here are Friday's biggest analyst calls: Nvidia, Nike, Tesla, Coinbase, Arm, Meta, Eli Lilly, UPS, Carvana & more
▼ + stars: | 2024-02-16 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Here are Friday's biggest calls on Wall Street: Bank of America reiterates Meta as buy Bank of America said it's bullish on Meta adding the Broadcom CEO to its board of directors. Bank of America reiterates Nvidia as buy Bank of America said it's standing by the stock heading into earnings next week but that a pullback is possible. Baird upgrades UPS to outperform from neutral Baird said in its upgrade of UPS that the risk/reward is too attractive to ignore. Bank of America downgrades Dropbox to underperform from buy Bank of America said the "bull thesis has played out" for the data storage company. Bank of America upgrades Cellebrite to buy from neutral Bank of America said it sees business trends stabilizing for the digital intelligence company.

Persons: it's, Hock Tan, NVDA, Goldman Sachs, Goldman, TD Cowen, Grosvenor, KBW, TTD, Baird, Wells, Tommy Hilfiger, Tommy, Raymond James downgrades Carvana, Raymond James, Wayfair, Oppenheimer, Morgan Stanley, Tesla, Guggenheim, SunPower, Jefferies, Eli Lilly, Roku Organizations: Bank of America, Meta, Broadcom, " Bank of America, Nvidia, Informatica, BMO, Trade, Google, U.S, UPS, JPMorgan, Daiwa, CY2025, UBS, Newell Brands, RBC, Nike, of America, Barclays, Netflix, JPMorgan downgrades Bloom Energy, BE, Pharma Locations: CY24, CY2024, Wayfair, U.S

☆ Wall Street billionaires dump Alphabet. How they traded 7 other portfolio stocks as well
▼ + stars: | 2024-02-16 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +9 min

In the fourth quarter, specifically, shares of Alphabet rose 6.75%. Third Point owned Alphabet for less than a year , while Druckenmiller traded in and out of the stock in recent quarters. Some Wall Street veterans merely pared back their exposure to Alphabet in the quarter, including David Tepper's Appaloosa Management . Baupost Group — the hedge fund run by value investor Seth Klarman — sold about 23% of its Alphabet stock over the same stretch. Berkshire parted ways with about 10 million shares of the iPhone maker, leaving the conglomerate with more than 905 million shares, worth $174.35 billion, at the end of the quarter.

Persons: Dan Loeb's, Stanley Druckenmiller, Druckenmiller, David Tepper, David Tepper's, Seth Klarman —, Jim Cramer, Michael Bury, Bill Ackman's, Tepper, Druckenmiller —, —, Eli Lilly, Lilly, Danaher, Warren Buffett's Berkshire Hathaway, Buffett, Jeff Smith's, Marc Benioff, shouldn't, Jim, Jim Cramer's, Justin Sullivan Organizations: Club, Securities and Exchange Commission, SEC, Microsoft, Apple, Nvidia, Palo Alto Networks, Wall, Management, Bill Ackman's Pershing, Capital Management, Duquesne Family, Trust, CNBC, Warren, Berkshire, BNSF Railway, Geico, Inclusive, Jim Cramer's Charitable Locations: Palo, 13Fs, Jim's, Mountain View , California

☆ Most employer health plans don't cover new blockbuster weight loss drugs, but that's going to change
▼ + stars: | 2024-02-16 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +10 min

Many U.S. companies are grappling with health insurance coverage issues for workers when it comes to GLP-1 drugs for weight loss. Still, many benefits experts say it's a matter of when, not if, more employers will cover GLP-1 drugs. Certainly, prescription volumes of GLP-1 weight loss drugs are soaring. Even though GLP-1 drugs are high-priced, they currently represent only 6.9% of annual claims, according to data from the International Foundation of Employee Benefit Plans. It's going to be harder and harder not to cover these drugs because the benefits seem to be so great."

Persons: Eli Lilly, there's, Julie Stich, Eli Lilly's, Greg Stancil, you've, Stancil, somebody's, James Wantuck, " Stich, Brian O'Connell, O'Connell, Wantuck, Krutika Amin, Amin Organizations: U.S, Nordisk, International Foundation of Employee, Novo Nordisk, Tufts Medical, Medicare, Healthy Aging, Scott Benefit Services, Employers, Accolade, BMI, International Foundation of, Medicaid — Locations: U.S, KFF, North Carolina, GLP, Novo

☆ One of our financial stocks hit a new high: Here's why we're eyeing a small trade
▼ + stars: | 2024-02-16 | 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. 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. 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, Morgan Stanley, it's, Wells, Jim Cramer's, Jim Organizations: CNBC, Investors, Federal, Analysts, Wells, Currency Locations: Wells Fargo

A New York judge on Friday ordered former President Donald Trump to pay $364 million in damages for fraud he committed by inflating his net worth to obtain favorable treatment from banks and insurers. The blistering 92-page ruling from Judge Arthur Engoron was replete with references to the brazen nature of the misdeeds of Trump, his adult sons and his business organization. Here are nine key quotes from Engoron’s ruling. The frauds found here leap off the page and shock the conscience.”On the reaction of Trump and his adult sons:“Their complete lack of contrition and remorse borders on pathological. Donald Trump is not Bernard Madoff.

Persons: Donald Trump, Judge Arthur Engoron, Trump, Justice Potter Stewart, ”, “, Bernard Madoff, ’, “ Donald Trump, Trump’s, Ivanka Trump, Rosemary, ” Ivanka Trump, fraudsters, Eli Bartov’s, Bartov, “ John Shubin, Mr, Shubin, Robert Unell, Unell, Birney, Donald Trump’s, Whitley Penn, Donald Bender, Mazars, Allen Weisselberg doesn’t, Allen, Weisselberg Organizations: United States Supreme, Trump Organization, ”, Trump, Deutsche, OAG, trifles, Allen Weisselberg’s Locations: York, ”, New York, ’

☆ How to access the new weight loss drugs
▼ + stars: | 2024-02-15 | by ( Andrea Kane | ) edition.cnn.com time to read: +7 min

(CNN) — By now, it is pretty clear that the new weight loss and diabetes medications have achieved blockbuster status. Unlike previous weight loss medications, they are pretty effective at helping people lose weight and keep it off — between around 15% to 20% of body weight — with relatively few side effects (although some people can’t tolerate them, and a fraction of patients experience more severe side effects). Zepbound, the newly approved weight loss drug from Eli Lilly, may be easier to find. “Otherwise, some physicians are prescribing older, generic weight loss medications that can be helpful for some patients.”These drugs are not right for everyoneFor many people, the cultural pressure to look a certain way is high. And join us next week on the Chasing Life podcast when we talk to WeightWatchers CEO Sima Sistani about whether these new weight loss drugs really signal the end of diet culture.

Persons: Sanjay Gupta ”, Eli Lilly, Goldman Sachs, Meg Tirrell John Nowak “, Meg Tirrell, Sanjay Gupta, ” Tirrell, “, ” Eli Lilly, Tirrell, ”, Sima Sistani Organizations: CNN, —, Trilliant Health, Novo Nordisk, US Food and Drug Administration, “, Nordisk, ”

☆ In this fast-paced bull market, we're increasing our Club price targets on 4 stocks
▼ + stars: | 2024-02-15 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Following last week's $120-per-share price target hike to $750 on strong earnings, we're raising our PT again Thursday to $850. Even at our new $850 price target, Lilly shares still represent a lower PEG than we've seen historically but that provides some margin of safety. Costco price target hike to $770 from $680 Costco also trades at a premium valuation, but we think it's warranted due to the company's reliability and consistency. Salesforce price target hike to $320 from $275 Salesforce is a Club name we recently highlighted in our 10 undervalued stocks commentary . Palo Alto Networks price target change pending Lastly, we are aware that our price target on Palo Alto Networks requires an update as well.

Persons: It's, Eli Lilly, Lilly, Salesforce, –, There's, Jim Cramer's, Jim Cramer, Jim, Robert Nickelsberg Organizations: Wall, PT, Novo Nordisk, Costco, Microsoft, Broadcom, UBS, VMware, JPMorgan, Palo Alto, Palo Alto Networks, Palo, CNBC, Getty Locations: GLP, AVGO, Palo Alto, Palo, New York City

☆ What Eli Lilly investors can learn from the slow launch of a competitor's drug
▼ + stars: | 2024-02-15 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +8 min

Club holding Eli Lilly is expecting to get approval for its Alzheimer's treatment in the coming weeks, but investors looking for immediate financial success should temper their expectations. The FDA's decision on Lilly's drug, known as donanemab, is expected by the end of March. In the meantime, Eli Lilly's diabetes and obesity drugs, the heart of our investment thesis, should continue to fuel the lion's share of the company's topline growth. About 2,000 patients are currently taking Leqembi, Biogen said Tuesday, up from 800 at the time of the company's third-quarter report in November. LLY YTD mountain Eli Lilly's stock performance so far in 2024.

Persons: Eli Lilly, drugmaker Biogen, Eli Lilly's, —, Lilly, Biogen, Japan's, Chris Viehbacher, Viehbacher, Morgan Stanley, Lilly's, Donanemab, Mounjaro, Jim Cramer, Leqembi, Jim Cramer's, Jim Organizations: Food and Drug Administration, Drug Administration, Alzheimer's Association, FDA, Club, GE Healthcare, FactSet, Pharmaceutical, CNBC Locations: Indianapolis

☆ Ozempic, Mounjaro and hundreds of other drugs become even more expensive in 2024
▼ + stars: | 2024-02-15 | by ( Tami Luhby | ) edition.cnn.com time to read: +8 min

Novo Nordisk boosted the list price of Ozempic by 3.5% to $969 for a four-week supply. Eli Lilly last month raised the list price of Mounjaro by 4.5% to $1,069 for a four-week supply. However, they may have to pay the list price if they are uninsured or have not yet hit their annual deductible. Former President Donald Trump, who is running for election again, also unveiled several proposals and issued executive orders aimed at lowering drug costs during his administration. Another factor is the recent policies that penalize pharmaceutical manufacturers for raising list prices faster than inflation.

Persons: Drugmakers, Eli Lilly, Eli Lilly’s Zepbound, Ozempic, Eli Lily, Marlene Foss, Foss, “, ”, Mark Rapp, Rapp, ’ ”, Mark Rapp's, grandkids, ” Rapp, Joe Biden’s, Donald Trump, We’ve, Antonio Ciaccia, we’ve Organizations: New, New York CNN, Ozempic, Novo Nordisk, CNN, Food and Drug Administration, Nordisk’s, Mounjaro, Medicare, ”, White House Locations: New York, Portugal, Doylestown , Pennsylvania, Italy, Mansfield , Ohio, Ohio, Idaho

☆ Picking the right covered call strategy to generate income on the stocks you own
▼ + stars: | 2024-02-15 | by ( Michael Khouw | ) www.cnbc.com time to read: +10 min

Selling covered calls is a popular options trading strategy, especially among investors looking to generate additional income from their stock holdings. Like any investment strategy, selling covered calls comes with its own set of risks and benefits. The benefits Income generation: The primary benefit of selling covered calls is the ability to generate income on your stock holdings. Candidates for selling covered calls Stocks with moderate growth expectations: Stocks that are expected to grow steadily but not explosively are good candidates. I prefer to sell covered calls only in companies that are investment grade (S & P rating of BBB- or better), and of course, for the most part, avoiding selling covered calls through earnings.

Persons: Eli Lilly & Organizations: Micron, Eli Lilly & Company, Diabetes, Micron Technologies Locations: Downside

☆ Phillippe Laffont's Coatue shifted money in technology amid fourth quarter rally
▼ + stars: | 2024-02-14 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Phillippe Laffont's Coatue made a flurry of changes to his portfolio in the fourth quarter, including shifts within the technology sector in the midst of the fourth quarter's big rally. Nvidia and Meta are only two of many notable cutbacks made by Laffont in the fourth quarter. Beyond Nvidia and Meta, Advanced Micro Devices , Amazon , Microsoft , Netflix and Tesla are the next biggest holdings in the fund. As of the fourth quarter, technology accounts for more than 59% of Coatue, according to InsiderScore. The Nasdaq finished 2023 up more than 43%, helped by a gain of more than 13% in the fourth quarter alone.

Persons: Phillippe Laffont's Coatue, Julian Robertson, Daniel Sundheim's, Laffont, Eli Lilly Organizations: Tiger Management, Nvidia, Meta, Taiwan Semiconductor, MIT, Intuit, Apple, Devices, Microsoft, Netflix, Tesla, Technology, Nasdaq, Ford, Moderna, Paramount Global Locations: Taiwan, Salesforce

☆ What's driving the market rebound on Wednesday — and why we're buying the dips
▼ + stars: | 2024-02-14 | 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. Market rebound: Stocks are bouncing from Tuesday's declines, taking their cue from rallying bond prices. 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, Cramer, Kraft Heinz, Gamble, didn't, Stanley, Jim Cramer's, Jim, Dupont Organizations: CNBC, Nvidia, Meta, Constellation Brands, Procter, Energy, DuPont, Starbucks, Cisco Systems, Occidental Petroleum, Deere, Penn Entertainment, Jim Cramer's Charitable, Getty Locations: We're, North America, DuPont's, Wilmington , Delaware

☆ Chart Master: Charting four 'unstoppable' stocks
▼ + stars: | 2024-02-14 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChart Master: Charting four 'unstoppable' stocksCarter Worth, Worth Charting, joins 'Fast Money' to talk four stocks he says are 'unstoppable' right now: Eli Lilly, Nvidia, Abercrombie and Fitch and Deckers Outdoor.

Persons: Carter, Eli Lilly, Fitch Organizations: Nvidia, Abercrombie Locations: Carter Worth

☆ Crises in Ecuador, Haiti Could Fuel Migration in 2024, Report Says
▼ + stars: | 2024-02-14 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +2 min

By Kylie MadryMEXICO CITY (Reuters) - Thousands more people could be forced to leave Ecuador and Haiti in 2024 due to humanitarian crises such as intensifying violence, climate impacts and deepening poverty, the International Rescue Committee said in a report on Wednesday. "Multiple factors...will deteriorate living conditions for millions of people in Ecuador and Haiti, potentially forcing thousands to seek safety elsewhere," the IRC said. "The crises in Haiti and Ecuador are creating a ripple effect across the entire region," said IRC regional head Julio Rank Wright in a statement. "Without a functioning political system, the government will struggle to address violence and meet growing needs," the IRC said in the report. Food insecurity will likely also deepen in Haiti in 2024, the IRC said.

Persons: Kylie Madry, Julio Rank Wright, Jovenel Moise, Ariel Henry, Eli Moreno, Ros Russell Organizations: Kylie Madry MEXICO CITY, International, El, Global, Transnational, Global Initiative Locations: Kylie Madry MEXICO, Ecuador, Haiti, Colombia, Panama, Darien, Caribbean, Kenya, Mexico City, Panama City

☆ Why Tuesday's pullback is a healthy break in the rally and how we are playing it
▼ + stars: | 2024-02-13 | 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. A healthy break: Stocks are down after the consumer price index came in slightly hot, leading to a delay in interest rate cut expectations. 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, we'll, it's, Eli Lilly, Cramer, Bob Iger's, Stanley Black, Decker, Martin, Jim Cramer's, Jim, NVIDIA Jensen Huang, Michael M Organizations: CNBC, Nvidia, U.S, Treasury, Utilities, Disney, MGM Resorts, Martin Marietta Materials, CME Group, Barrick Gold, Jim Cramer's Charitable, NVIDIA, New York Times, Santiago, Getty Locations: We're, Philadelphia, Robinhood, New York City

Fidelity Charitable said distributions to nonprofits in 2023 were four times what they were 10 years ago. “I think 2023 was a pretty amazing year,” Fidelity Charitable President Jacob Pruitt told The Associated Press. According to Fidelity Charitable, donors attached their names or the name of their DAF to 96% of the grants made in 2023. Fidelity Charitable said nearly 80% of grants in 2023 went to nonprofits donors had previously supported. “It’s a struggle to figure out how to get your message out there.”Another growth area for Fidelity Charitable DAFs in 2023 was with corporations.

Persons: Jacob Pruitt, DAFs, ” Pruitt, Jude Children’s, Pruitt, ”, Andrew Grumet, Holland & Knight, It’s Organizations: — Fidelity, Fidelity, Associated Press, DAF, Internal Revenue Service, IRS, Fidelity Charitable, USA, Jude Children’s Research, Holland &, Fidelity Charitable DAF, Associated, Lilly Endowment Inc, AP Locations: millennials

☆ Federal judge tosses lobbying group's lawsuit challenging Medicare drug price negotiations
▼ + stars: | 2024-02-13 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

The decision is an early win for the Biden administration as it grapples with a flurry of other legal challenges that drugmakers have filed against the Medicare drug price negotiations. The judge's ruling won't end the legal battle over the policy, which could end up at the Supreme Court. A slate of major companies with drugs selected for negotiations, including J&J, Merck , and Bristol Myers Squibb , have filed separate lawsuits challenging the constitutionality of the price talks. The suit also argued that the price talks violate the Eighth Amendment because they include a "crippling" excise tax aimed at forcing drugmakers to accept the government-dictated price of medicines. The groups also argued that the price talks violate due process by denying pharmaceutical companies and the public input on how Medicare negotiations will be implemented.

Persons: Biden, drugmakers, Judge David Ezra of, Ezra, NICA's, Nicole Longo, PhRMA, Eli Lilly, Johnson, NICA Organizations: U.S . Department of Health, Human Services, Supreme, Medicare, Western, Western District of Texas, Pharmaceutical Research, Manufacturers of America, Global Colon Cancer Association, National, Center Association, CNBC, Pfizer, Johnson, Merck, Bristol Myers Squibb, Chamber of Commerce, Department of Health, Department of Justice Locations: Washington ,, Western District, PhRMA, Ohio

☆ Gen Z's 'Carrie Bradshaw' shares the rules older generations should be following for dating in the digital age
▼ + stars: | 2024-02-13 | by ( Molly Mcguigan | ) www.businessinsider.com time to read: +4 min

But content creator and author Eli Rallo, nicknamed Gen Z's "Carrie Bradshaw," has the rules to change that. AdvertisementWith Valentine's Day around the corner, Business Insider spoke with Rallo about her top rules older generations (and Gen Z) should follow for dating in the digital age. Take a note from Gen Z and advocate for yourself"Dating is not just about other people, it's also about you," Rallo told Business Insider. Unlike the Gen Xers and the millennials of the "Sex and the City" generation, Rallo appreciates that Gen Z approaches dating — and life — from an advocacy lens. "If you want a relationship, not using dating apps is going to make that more difficult for you," she told BI.

Persons: —, Carrie Bradshaw, Eli Rallo, Gen Z's, Rallo, Gen Z, it's, didn't, Marisa Silva, that's Organizations: Service, HBO, Business Locations: Manhattan

Tatum told The Associated Press in an interview how he wants to help others in his hometown of St. Louis get that feeling themselves and buy their own homes. He said financial services company SoFi has given the Jayson Tatum Foundation $1 million to help do that. It also offers scholarships to St. Louis high school students along with mentoring. The company also announced a partnership with the NBA to be its official banking partner and is sponsoring the SoFi NBA Play-in Tournament in April. “There are some really good people in St. Louis — people who are really trying to help change their life and their situation.

Persons: Jayson Tatum, ”, Tatum, Louis, SoFi, Brandy Cole, Barnes, “, ” Tatum, St . Louis, Anthony Noto, Jason Belinkie, ” Belinkie, Andrew Morton, Handler Thayer, ” Morton, Louis — Organizations: Boston Celtics, Eastern Conference, Associated Press, St, Fund, NBA, Celtics, Hope, Lilly Endowment Inc, AP Locations: St ., St, SoFi

☆ Eli Lilly's weight-loss drug could be the best selling drug of all time, says Jim Cramer
▼ + stars: | 2024-02-13 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEli Lilly's weight-loss drug could be the best selling drug of all time, says Jim Cramer'Mad Money' host Jim Cramer looks at the top performing stocks on the S&P 500 as it reached the 5,000 milestone.

Persons: Eli Lilly's, Jim Cramer

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