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Lilly's $1.5B Oral Obesity Pill Stockpile Signals Major Launch Ambitions
Eli Lilly has accumulated $1.5 billion in pre-launch inventory for its experimental oral obesity treatment orforglipron, with the FDA's target decision date set for April 10. The substantial stockpile highlights the company's push to overcome supply limitations that have hampered the GLP-1 market.
Lumentum Shares Decline Following Insider Transactions, Market Eyes Fed Minutes
Lumentum Holdings shares dropped 3.55% on Friday, extending losses after hours following SEC filings revealing stock sales by two company insiders. The broader market closed mixed ahead of the Presidents Day holiday.
Salesforce Gains Ahead of Holiday, Investors Eye Key Earnings Report
Salesforce shares advanced 2.31% on Friday, offering a reprieve after a volatile period. Markets are closed Monday for the holiday, with the company's fiscal Q4 and full-year 2026 results due after the bell on February 25.
Exxon Mobil Faces Operational, Legal Headwinds Ahead of Market Reopen
Exxon Mobil shares fell 0.99% to $148.45 Friday, with after-hours trading up 0.3%. The company is investigating an incident at its Beaumont, Texas refinery and saw a legal ruling on a recycling lawsuit.
Western Digital Shares Dip Ahead of Key Fed Data and Inflation Report
Western Digital shares declined 0.9% to $281.58 on Friday amid light trading volume. Investors await Federal Reserve minutes and inflation data this week while monitoring company developments.
J&J Stock Dips After $250K Talc Verdict, Eyes on Appeal and Dividend
Johnson & Johnson shares declined 0.45% Friday following a $250,000 verdict in a talc litigation case. The company intends to appeal, with markets closed Monday for the holiday.
Arista Networks Surges on Strong AI Outlook, Memory Costs a Concern
Arista Networks shares climbed 4.8% Friday following an upbeat revenue forecast and strong quarterly results, fueled by AI infrastructure demand, even as rising memory costs pressure margins.
Walmart Earnings Loom as Investors Gauge Consumer Health
Walmart shares approach $134 as the retail giant prepares to report quarterly earnings, offering a crucial snapshot of consumer demand ahead of key economic data.
Netflix Shares Rebound Amid Escalating Warner Bros. Takeover Battle
Netflix shares recovered Friday, closing higher after recent declines as Paramount escalates its campaign against Netflix's Warner Bros. agreement through policy appointments and boardroom maneuvering.
Intel's Neutral Rating Highlights 'Show Me' Turnaround Challenge Ahead of Key Week
Intel stock closed slightly higher Friday after D.A. Davidson started coverage with a Neutral rating and $45 price target, labeling the chipmaker's recovery a 'show me' story. Trading resumes Tuesday post-holiday with Fed minutes and chip demand signals in focus.