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Eli Lilly shares edge higher after CVS expands coverage for Zepbound obesity drug (LLY)
InvestorsHub120d agoneutral
Eli Lilly shares edge higher after CVS expands coverage for Zepbound obesity drug (LLY)

Eli Lilly and Company (NYSE:LLY) shares gained about 1% in premarket trading Thursday after CVS Caremark announced it would add the company’s obesity treatment Zepbound to its preferred drug formulary. Lilly said the decision means all three of the largest pharmacy benefit managers in the United States will now provide coverage for the company’s full obesity medicine portfolio.

Eli Lilly (LLY) – Among the 10 Safe Stocks to Buy for the Long Term in 2026
Insider Monkey120d agobullish
Eli Lilly (LLY) – Among the 10 Safe Stocks to Buy for the Long Term in 2026

Eli Lilly and Company (NYSE:LLY) is included among the 10 Safe Stocks to Buy for the Long Term in 2026. On May 26, BofA raised the firm’s price recommendation for Eli Lilly and Company (NYSE:LLY) to $1,251 from $1,133. It reiterated a Buy rating on the shares. The firm said it expects Lilly’s future revenue […]

Small biotech firms quicker to 'latch onto' AI than big ones, says Tencent Healthcare President
Reuters120d agoneutral
Small biotech firms quicker to 'latch onto' AI than big ones, says Tencent Healthcare President

Small biotech firms "latch onto" AI more quickly than bigger firms, the head of ‌Chinese tech giant Tencent's healthcare division said on ‌Thursday, as more businesses embrace AI to improve efficiency. Pharmaceutical companies are also increasingly ​turning to AI to accelerate research and development, betting on new modeling tools and automated labs to improve efficiency and slash costs as well as drug development timelines. Drugmakers including Novo Nordisk ‌and Eli Lilly have ⁠announced AI-related collaborations with technology firms.

CVS brings back coverage for Lilly's obesity drug Zepbound
Reuters120d agoneutral
CVS brings back coverage for Lilly's obesity drug Zepbound

May 28 () - CVS Health said on Thursday it will add Eli Lilly's weight-loss drug Zepbound back to some ‌of its drug lists as an additional preferred option ‌for insurance coverage. Caremark, CVS' pharmacy benefit management unit, had dropped Zepbound from coverage ​on July 1 last year, while continuing to reimburse for rival Novo Nordisk's Wegovy after negotiating a more favorable price from the Danish drugmaker.

Buy, Sell, or Hold Vanguard’s Mega Cap Growth ETF Right Now | MGK
24/7 Wall St.121d agoneutral
Buy, Sell, or Hold Vanguard’s Mega Cap Growth ETF Right Now | MGK

There’s a tech ETF that has been almost neck-and-neck with the S&P 500 in the past year and has built up a meaningful lead over the past five years. It’s the Vanguard’s Mega Cap Growth ETF (NYSEARCA:MGK). This ETF tracks the price of the CRSP US Mega Cap Growth Index, which in turn tracks companies ... Buy, Sell, or Hold Vanguard’s Mega Cap Growth ETF Right Now | MGK

Micron Was Worth Less Than $70 Billion Last Year—Now It's A $1 Trillion Company, Overtaking JPMorgan, Walmart And Eli Lilly
Benzinga121d agoneutral
Micron Was Worth Less Than $70 Billion Last Year—Now It's A $1 Trillion Company, Overtaking JPMorgan, Walmart And Eli Lilly

Semiconductor powerhouse Micron Technology Inc. (NASDAQ:MU) vaulted on Tuesday, officially crossing the $1 trillion market capitalization milestone following a rally driven by demand for artificial intelligence (AI). Historic Market Cap Milestone The shares of the Idaho-based chipmaker closed 19.29% higher at $895.88, locking in a final market value of $1.010 trillion. According to data from CompaniesMarketCap, this monumental surge enabled Micron Technology to comfortably overtake legacy giants

How The Eli Lilly (LLY) Narrative Is Evolving With GLP-1 Hopes And Obesity Market Doubts
Simply Wall St.122d agoneutral
How The Eli Lilly (LLY) Narrative Is Evolving With GLP-1 Hopes And Obesity Market Doubts

Eli Lilly's fair value estimate has shifted slightly from US$1,209.21 to US$1,211.03 per share, a small move that still reflects meaningful debate around what is already priced into the stock. Much of the recent analyst discussion links this updated target range to retatrutide Phase 3 data, with bulls highlighting GLP-1 leadership and bears questioning how much future obesity growth is already embedded. As you read on, you will see how these competing views shape the evolving narrative around...