Name: Eli Lilly, Novo Euphoria Risks Disappointing Investors, Goldman Says
Uploaded: 2024-04-13T00:15:24-04:00
Duration: 5 min
Description: (Bloomberg) — The weight loss drug frenzy that’s driven Eli Lilly & Co. and Novo Nordisk A/S to record peaks is raising the stakes for investors, according to Goldman Sachs Group Inc. analysts. Most Read from Bloomberg “Expectations are high, which heightens the risk to potentially disappoint,” according to analyst Chris Shibutani, who said investors […]

Tag: Euphoria

Eli Lilly, Novo Euphoria Risks Disappointing Investors, Goldman Says

(Bloomberg) — The weight loss drug frenzy that’s driven Eli Lilly & Co. and Novo Nordisk A/S to record peaks is raising the stakes for investors, according to Goldman Sachs Group Inc. analysts. Most Read from Bloomberg “Expectations are high, which heightens the risk to potentially disappoint,” according to analyst Chris Shibutani, who said investors […]

Crashing lithium prices turn the industry from ‘euphoria’ to ‘despair.’ What’s next?

The critical metal used to make electric vehicle batteries, once described as “the new oil,” has been crashing in price amid a slowdown in EV demand. Lithium prices are down more than 80% from their 2022 peak — the same year in which Tesla’s (TSLA) CEO Elon Musk noted the metal has gone to “insane […]