Mounjaro and Zepbound sales disappoint, and Eli Lilly’s stock is dropping

• Eli Lilly CEO expects new weight loss pill to be approved next year

  Eli Lilly and its rivals are working to develop more convenient options than the injectable Zepbound and Wegovy, which dominate the weight loss drug market.
  
  CNBC - 1d

• Moderna’s stock tumbles to post-COVID lows after revenue outlook disappoints

  Moderna’s stock tumbles after a disappointing outlook for revenue and the need to accelerate its cost-cutting plan.
  
  MarketWatch - 1d

• Eli Lilly strikes deal for cancer treatment, gives timeline for weight loss pill

  Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
  
  CNBC - 1d

• Medicare can now cover Eli Lilly's Zepbound for sleep apnea, Health Department agency says

  It opens the door for broader coverage and access to Zepbound, which is not currently covered by Medicare and many other insurance plans for weight loss.
  
  CNBC - 5d

• Medicare can cover Zepbound for sleep apnea, creating a significant opportunity for Eli Lilly

  Zepbound is not covered by Medicare or many other insurance plans as a treatment for weight loss. The injectable treatment costs about $1,000 a month without insurance.
  
  MarketWatch - 5d
• 

  Greggs shares drop on sales slowdown

  UK bakery chain blames ‘subdued high street footfall’ for weaker earnings
  
  Financial Times - 5d

• Eli Lilly's lead in the obesity race has grown. Its recent stock performance says otherwise

  Eli Lilly has been one of the worst-performing Club stocks over the past six months.
  
  CNBC - 6d
• 

  2024 Patriots Stock Watch: Drake Maye shines, rookie WRs disappoint

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  Yahoo Sports - Jan. 7

• Apple offers rare iPhone discounts in China as foreign smartphone sales drop

  Apple Inc. has kicked off the new year with iPhone discounts in China, underlining the challenges facing the tech giant in one of the world’s most populous countries.
  
  MarketWatch - Jan. 3

• Tesla's annual sales drop for the first time in a decade

  Tesla's increase in global sales in the fourth quarter was not enough to overcome a sluggish first half of the year.
  
  CBS News - Jan. 2

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• My wife, 72, and I, 80, have two houses and 56 acres of land. Our daughter is a joint tenant on our real estate. Do we need a will?

  This couple has done a lot to clear the path ahead — but they have made one big mistake.
  
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• ‘The memories still exist’: Amber Ugarte on the loss of her Malibu home, built by her late fiancé, and why she’s not even close to giving up

  “The memories still exist,” Ugarte says, “but the property does not.”
  
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  “The memories still exist,” Ugarte says, “but the property does not.”
  
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