Investing $1.8 billion! Eli Lilly and Co expands its Ireland factory to increase the production of weight loss drugs.
eli lilly's weight loss drug is considered one of the best-selling drugs in history. This time, eli lilly plans to invest $1 billion to expand its existing factory in Limerick, Ireland, and will also invest $0.8 billion to build new facilities at its factory in Kinsale, County Cork, Ireland, to meet the market demand for its star drugs, Mounjaro and Zepbound.
US stocks closing | NASDAQ, S&P joined hands for four consecutive positives, US stocks' seven giants all rose, with Meta up nearly 3% and Nvidia up nearly 2%.
In August, the PPI in the United States showed a cooling down of inflation, and the market slightly raised its bets on the Fed's aggressive interest rate cuts. US stocks rose together, with Nvidia up nearly 2%, while NIO Inc and XPeng fell more than 5%. The European Central Bank cut interest rates for the second time this year, but maintained a restrictive policy. European bonds fell, and the euro rebounded from its four-week low. Commodities rose across the board, with US oil briefly rising by 3.7%, gold reaching a new high with a nearly 2% increase, palladium rising by over 4%, and copper experiencing its largest two-month increase.
US stocks closed: Technology breaks through to lift the index, Nasdaq and S&P jointly achieve four consecutive gains.
① After four consecutive days of gains, the S&P 500 index is still 1.3% away from its historical high. ② Warren Buffett's deputy sold more than half of Berkshire Hathaway's positions, causing the stock price to fall for the seventh consecutive day. ③ AirPods Pro transforms into an OTC hearing aid, with FDA approval for Apple's hearing assistance software. ④ Gilead's HIV prevention drug delivers positive results once again.
Sector Update: Health Care Stocks Rise in Thursday Trading
Sector Update: Health Care
Looking At Eli Lilly's Recent Unusual Options Activity