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LLY News and Press, Eli Lilly and Company From 06/14/24

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Company Name: Eli Lilly and Company
Stock Symbol: LLY
Market: NYSE
Website: lilly.com

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LLY - U.S. sector and stock leaders and laggards as H1 winds down

2024-06-14 12:31:42 ET With the first half of 2024 almost in the books, investors will notice that 10 of the 11 S&P 500 ( SP500 ) sectors are higher on the year and only two segments are topping the YTD return of Wall Street's benchmark index.... Read the full article on Seeki...

LLY - Structure Therapeutics: Yet Another Potential GLP-1 Entrant

2024-06-14 10:24:55 ET Summary Structure Therapeutics Inc. shares surged over 50% on positive GSBR-1290 data, competing with other oral GLP-1R clinical rivals. However, GSBR-1290's efficacy at week 12 fell below Novo Nordisk's amycretin, but still competitive in the obesity treatm...

LLY - Employer coverage for GLP-1s rising amid FDA label expansions: survey

2024-06-14 08:01:46 ET More on Eli Lilly, Novo Nordisk, etc. Eli Lilly: The Road To Approval Of Donanemab Is Open Eli Lilly and Company (LLY) Goldman Sachs 45th Annual Global Healthcare Conference Is It Possible Eli Lilly Is Breaking Out To New All-Time Highs? ...

LLY - Wegovy's Precarious Position: 3 Drugs Most Likely to Dethrone Novo Nordisk's Blockbuster Obesity Drug

2024-06-14 05:50:00 ET Novo Nordisk 's (NYSE: NVO) Wegovy currently reigns as the king of the obesity drug market. It generated roughly $4.5 billion in sales last year and will likely rake in even more in 2024. But note the use of the word "currently." Wegovy's market-topping po...

LLY - US Companies Moving the Markets, Evening edition
Thu, Jun 13, 2024 as of 4:00 pm ET

A look at the top 10 most actives in the United States NVIDIA Corporation (NVDA) rose 3.5% to $129.61 on volume of 255,610,868 shares Longeveron Inc. (LGVN) rose 48.6% to $2.69 on volume of 190,987,878 shares PROSHARES TRUST (SQQQ) fell 1.6% to $8.54 on volume of 116,711,722 shares Tesl...

LLY - Good To Go On CGO

2024-06-13 11:25:22 ET Summary This is a market in which the winners not only keep winning, but they continue to lap the broader market over and over again. And though everyone has been calling for a broadening out of stocks, that's not happening. So until the narrative changes, s...

LLY - J.P. Morgan Private Capital raises over $500M for life sciences fund

2024-06-13 09:49:40 ET More on JPMorgan Chase JPMorgan Chase & Co. (JPM) Morgan Stanley US Financials, Payments & CRE Conference JPMorgan Chase: Just By Opening 500 New Branches, It Could Potentially Generate Another $9.11B In Revenues JPMorgan Chase hires fo...

LLY - SCHG: A Worthy QQQ Alternative

2024-06-13 07:18:52 ET Summary The Schwab U.S. Large-Cap Growth ETF is an excellent alternative to the Invesco QQQ Trust. Its holdings overlap the QQQ's to a considerable degree, but with a much lower fee, and exposure to financials. This makes sense because the Dow Jones Larg...

LLY - Pfizer: Headwinds Dissipating, New Obesity Pipeline Update Coming Soon

2024-06-13 02:30:42 ET Summary A difficult period for Pfizer might be coming to an end, as serious setbacks and tough Y/Y comps are in the rearview mirror. The first quarter performance of the commercial business exceeded Street expectations, and the company maintained its full-ye...

LLY - Powell And The Fed Are More Hawkish Than You Think: Expect Economic Weakness Ahead

2024-06-12 18:34:33 ET Summary At today's FOMC meeting, the Fed held interest rates steady and signaled that it's likely to cut less than the market thinks. This is somewhat surprising given that the econometric models I run are suggesting that the Fed has room to cut. Between...

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