Pharmaceutical industry critic Robert F. Kennedy Jr. — President-elect Donald Trump’s pick to be the nation’s top health official — on Thursday elaborated on his stance about the fast-growing class of weight-loss drugs known as GLP-1s. “The first line of response should be lifestyle. It should be eating well, making sure you that you don’t…
My top 10 things to watch Thursday, Dec. 12 1. The Nasdaq was looking modestly lower Thursday after closing above 20,000 for the first time ever in the prior session. The tech-heavy index jumped nearly 1.8% on Wednesday, boosted by record closes for Tesla as well as Club names Amazon, Meta Platforms , and Alphabet…
My top 10 things to watch Tuesday, Dec. 10 1. Oracle shares dropped more than 7% after the enterprise software giant missed the quarter and issued a light outlook. The drop was keeping a lid on the market. But I don’t know how much Oracle can really go down. The demand for data centers is…
My top 10 things to watch Wednesday, Dec. 4 1. Club name Eli Lilly crushes Novo Nordisk in the first head-to-head trial comparing their obesity drugs. Club name Lilly’s Zepbound generated weight loss of 20% on average after 72 weeks versus about 14% for Novo’s Wegovy. Is this the end of Novo as an alternative?…
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 meanders: The stock market was having a choppy session after Monday’s all-time high close for the S & P 500 . The index has closed…
My top 10 things to watch Tuesday, Nov. 26 1. The outgoing Biden administration proposed a rule that would expand access to obesity drugs for millions of Americans enrolled in Medicare and Medicaid. If implemented, that would be great news for Eli Lilly , a longtime Club name we bought more of on Monday. Shares…
Even with vaccine skeptic Robert F. Kennedy Jr. tapped to potentially lead the Department of Health and Human Services, CNBC’s Jim Cramer said drug and junk food industries aren’t necessarily headed for ruin. “Ultimately, if RFK dons jackboots and demands that we don’t have vaccines or eat junk food, it probably won’t matter,” he said….
Check out the companies making headlines in midday trading: Global pharma stocks — Shares of several vaccine makers declined after President-elect Donald Trump selected prominent vaccine skeptic Robert F. Kennedy Jr. as health secretary on Thursday. Shares of Moderna and Pfizer slipped nearly 9% and 5%, respectively. BioNTech , which helped develop a Covid vaccine with…
My top 10 things to watch Friday, Nov. 15 1. President-elect Donald Trump’s decision to nominate prominent vaccine skeptic Robert F. Kennedy Jr. to lead the Department of Health and Human Services has vast implications for drug companies. That’s why shares of pharma stocks, and vaccine makers in particular, sold off late Thursday when reports…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Wall Street was mixed Monday, the day before Election Day. There’s also a two-day Fed meeting this week. The market expects an interest rate cut of 25 basis points on…