Lilly Falls as Weight-Loss Pill Data Overshadows Sales Beat

Lilly Falls as Weight-Loss Pill Data Overshadows Sales Beat

Watch Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.

Bloomberg Intelligence hosted by Paul Sweeney and Lisa Mateo

- Damian Garde, Bloomberg News Health Reporter, discusses the latest on Eli Lilly. Eli Lilly shares tumbled as disappointing data on its new weight-loss pill overshadowed strong growth from the company’s current obesity medicine, which helped drive it to raise its yearly profit and sales outlook.

- Geetha Ranganathan, Bloomberg Intelligence Analyst on US Media, discusses earnings from Warner Brothers Discovery and Peloton. Warner Bros. Discovery Inc., the parent of HBO and CNN, swung to a profit in the second quarter, buoyed by a string of successes at the box office. Peloton Interactive Inc. projected a sales decline for the current quarter and said it would cut jobs, but expressed confidence in a turnaround plan under new management.

- Mandeep Singh, Bloomberg Intelligence Senior Tech Industry Analyst, discusses President Donald Trump calling on Intel Corp.'s CEO to resign due to what he called conflicts of interest. This adds to the challenges for a company that is supposed to anchor restoration of the US semiconductor industry.

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OpenAI Finalizes $110 Billion Funding at $730 Billion Value

OpenAI Finalizes $110 Billion Funding at $730 Billion Value

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Chipmakers Sink as Nvidia Fails to Dispel AI Worry

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Instant Reaction: Nvidia’s Upbeat Sales Forecast Shows AI Boom Remains Strong

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Nvidia Corp. gave a bullish quarterly revenue forecast, signaling that the build-out of AI computing remains on track, with fiscal first-quarter sales expected to be about $78 billion. The company's o...

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Warner Bros. Says Paramount’s New $31 Offer May Top Netflix

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Meta to Spend Tens of Billions of Dollars on AMD Gear, Buy Stock

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Novo Next-Generation Obesity Shot Falls Short of Lilly Rival

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BI Weekend: Deere, Walmart Earnings, Berkshire Hathaway 13F Filings

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Retail Stocks Jump After Supreme Court Strikes Down US Tariffs

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