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Stock Market News for Aug 24, 2026
Zacks31d agoneutral
Stock Market News for Aug 24, 2026

U.S. stocks closed higher on Friday following a massive sell-off in the previous session, driven by a sharp rise in bond yields, while a lack of clarity over the progress in the Middle East kept denting investors' morale.

Lilly's GLP-1 pill hits UK pharmacies as US battle with Novo intensifies
Proactive32d agoneutral
Lilly's GLP-1 pill hits UK pharmacies as US battle with Novo intensifies

Eli Lilly's weight-loss and diabetes pill goes on sale in UK pharmacies from Monday, giving patients an oral alternative to the injections that have dominated the market. Foundayo, also known as orforglipron, is available on private prescription after the Medicines and Healthcare products...

Eli Lilly launches oral weight-loss pill in UK pharmacies
Proactive32d agoneutral
Eli Lilly launches oral weight-loss pill in UK pharmacies

Eli Lilly and Co (NYSE:LLY) has launched its once-daily weight-management and diabetes pill Foundayo in UK pharmacies, offering patients an oral alternative to injectable GLP-1 treatments. Foundayo, also known as orforglipron, is available from Monday through private prescription after the...

Will Eli Lilly’s Global Vault CRM Deal and Leadership Shift Change Veeva Systems’ (VEEV) Narrative?
Simply Wall St.34d agoneutral
Will Eli Lilly’s Global Vault CRM Deal and Leadership Shift Change Veeva Systems’ (VEEV) Narrative?

Veeva Systems recently secured Eli Lilly and Company’s commitment to deploy Veeva Vault CRM globally, while also announcing that President and Chief Customer Officer Thomas D. Schwenger will depart in October 2026, to be succeeded by Dan Rizzo as EVP of Sales, Consulting, and Services. These developments arrive as Wall Street analysts anticipate higher upcoming quarterly earnings and revenue for Veeva, highlighting how large client wins and leadership transitions could shape the company’s...

Eli Lilly (LLY) Is Up 6.4% After UK Clears Foundayo and GLP‑1 Portfolio Advances - What's Changed
Simply Wall St.34d agoneutral
Eli Lilly (LLY) Is Up 6.4% After UK Clears Foundayo and GLP‑1 Portfolio Advances - What's Changed

Eli Lilly recently reported strong revenue growth driven by its Mounjaro and Zepbound obesity and diabetes drugs, raised full-year guidance, advanced its next-generation GLP-1 pipeline, and secured UK approval for Foundayo, its once-daily oral GLP-1 pill for weight management and type 2 diabetes. These developments, alongside vaccine research collaborations and ongoing legal action against unauthorized retatrutide sellers, highlight Lilly’s bid to extend its leadership across injectable,...

Bristol-Myers Squibb (BMY) Bets $2.3 Billion on Texas While Eli Lilly (LLY) Wins in the UK
Insider Monkey34d agobullish
Bristol-Myers Squibb (BMY) Bets $2.3 Billion on Texas While Eli Lilly (LLY) Wins in the UK

Drugmaker Bristol-Myers Squibb Company (NYSE:BMY) is putting real money behind its confidence in American manufacturing. On August 10, the company said it will spend about $2.3 billion on a new plant in Houston, part of a larger $40 billion U.S. investment pledge. On the very same day, British regulators cleared Eli Lilly and Company (NYSE:LLY)’s […]

Pharma Stocks Have Rallied. 2 Stocks to Avoid—and 2 to Buy.
Barrons.com35d agobullish
Pharma Stocks Have Rallied. 2 Stocks to Avoid—and 2 to Buy.

The home to some large pharma companies and many smaller biotechs, have risen over 6% this week. The main catalyst was that Moderna and Merck announced successful trial data for a melanoma vaccine that reduces the risk patients will experience recurrence. “The read-through [from Merck and Moderna] to the others is probably indicative of a broader tailwind of pharma taking some strong actions to improve their long-term growth profiles,” says Cantor Fitzgerald analyst Carter Gould.