Tech stocks snap losing streak

The iShares Semiconductor ETF, known as SOXX, is on pace to end its worst stretch since May two thousand six after nine consecutive losing sessions. The Nasdaq is up one percent.

But the bounce feels weak

The SOXX is trading well off its best levels of the session. CoreWeave, a market focal point, has flipped from positive to negative and is making a new low for the year under sixty dollars…

Money rotates out of defensive stocks

As money moved into semiconductor stocks, it rotated out of defensive groups that rallied last week, including healthcare and consumer staples. That is why the Dow is near flat.

Oil and bond yields rise

WTI crude is increasing about two dollars to around one hundred three dollars per barrel.

Lilly's obesity drug market expands

Bank of America analysts raised their price target on Eli Lilly shares to one thousand three hundred ninety-seven dollars from one thousand three hundred forty-one dollars following their third-quarter physician survey on the obesity drug…

Daily pills and Medicare drive growth

The market for obesity drugs is getting bigger thanks to the introduction of daily pills and Medicare coverage this year.Lilly's oral Foundayo launched in the U.S.

Survey shows expansion, not cannibalization

Bank of America analysts found that both oral G L P one pills and Medicare coverage derive approximately seventy percent of volumes from patients new to G L P one drugs, naïve or restarts, supporting…

“Our three Q physician obesity survey adds validation for oral G L P one s and the Medicare Bridge as U S category expanders, with both deriving approximately seventy percent of volumes from patients new to G L P one s.”

Foundayo gaining share on Wegovy

Foundayo is now at twenty-seven percent of oral G L P one new starts in the U.S., and Bank of America's survey indicates forty percent share by twenty twenty-eight or twenty twenty-nine.