What Eli Lilly, Novo Nordisk earnings reveal about the future of GLP-1 sales

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Eli Lilly,Weight Loss,Weight-Loss Drug

GLP-1s continue to fuel investor interest in market competition, as companies prepare to differentiate themselves in the coming year.

missed second quarter Wall Street estimatesfor its GLP-1 sales. It beat Wall Street quarterly sales projections by 13% — with total sales of $4.3 billion for weight-loss drug Zepbound and diabetes drug Mounjaro. The stock surged more than 10% on Thursday as a result of Lilly signaling the easing of supply constraints helped Novo too. Its stock rose 5% that day.

Which is why some say market moves based on quarterly results in the near term isn't a good strategy. PARIS — Three German swimmers became ill after competing in the open water races at the Paris Olympics, though it was not immediately clear if the long-polluted Seine River was responsible for their sickness.

Jimmy Fallon has worked with Steph Curry before, so maybe it was easy for the superstar who delivered an all-timer of a performance for Olympic gold to pose for the Tonight Show host in the middle of a game. Because that's exactly what happened.

 

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