Eli Lilly's big GLP-1 investment — plus, what we want from 4 portfolio stock earnings

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Earnings News

Health Care Industry,Pharmaceuticals,Retail Industry

The Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.

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 Friday's key moments. 1. Wall Street was bouncing higher Friday after, as Jim Cramer put it, a "really bad day" in the prior session. Thursday's late-day decline happened as bond yields rose on "good economic data being viewed as bad news." The market also sold off despite a 9% post-earnings increase in shares of Nvidia .

Four Club names report earnings next week: Salesforce, Best Buy, Foot Locker and Costco. Salesforce is on Wednesday after the closing bell. The stock was down in sympathy with HR software company Workday . Cramer said he was "almost tempted to buy some" Salesforce on the dip. Best Buy is on Thursday before the opening bell. Cramer said he was early in buying the electronic retailer in case artificial intelligence PCs came to market quickly. That didn't happen. But it will.

 

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Why Lilly And Novo Nordisk Will Keep Dominating The Market For Blockbuster GLP-1 DrugsAlex Knapp is a senior editor at Forbes covering healthcare, science, and cutting edge technology who joined Forbes in 2011. He's written dozens of profiles of entrepreneurs across a variety of fields and done deep dives into technological trends from superconductors to space travel to pharmaceuticals.
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