00:00Eli Lilly, it's up 2.3% right now.
00:03You know what?
00:04It has got a trillion-dollar market cap.
00:06Did we know this?
00:07It kind of like snuck in there.
00:08But Eli Lilly is now a trillion-dollar company.
00:10Okay, so it presented data recently at the American Diabetes Association in New Orleans,
00:17and it showed that its next-generation shot, retututride, no, retututide, that's it,
00:24can help patients lose 30% of their body weight over about two years.
00:30And in addition to that, it found that it had significant benefits beyond weight loss
00:35to help with things like knee osteoarthritis pain, sleep apnea.
00:40They're also looking at whether or not it can help with back pain, liver disease, heart and kidney issues.
00:44My goodness, this one drug can maybe possibly do all that.
00:48So an analyst over at BMO Capital, he said these results for this new drug
00:52set a new standard for weight loss that other companies are trying to, you know, catch up on.
00:57Last 10 years, up 32.7% per year.
01:02Yep.
01:03Like out-appled Apple.
01:05Exactly.
01:05Everybody's going to tune in.
01:06Is it today or tomorrow?
01:08So Apple?
01:09Today?
01:09Today.
01:09It kicks off today and goes on all week.
01:12Everybody's cool in their concentric building.
01:14People are in a Hilton Hotel in Indianapolis.
01:18Yep.
01:18Getting it done.
01:19Looking at Lily with a rubber chicken, and they're getting it done.
01:22Next.
01:22All right.
01:23Marvel is having a marvelous time.
01:25AI chip maker up 7% today, but that's pittance compared to where it has run up year to date.
01:31It is up 210% year to date.
01:33So a bit of news here, different news.
01:36Marvel technology is going to be joining the S&P 500 index come June 22nd.
01:41And it also really had its big surge last week after NVIDIA's CEO touted Marvel as the
01:48next trillion dollar company.
01:49The day after that, Marvel's stock surged 32.5%.
01:54It's biggest one-day gain ever.
01:55But remember, NVIDIA has a $2 billion investment in Marvel back in March.
02:00So Marvel's most recent earnings report also came in better than expected on both the top
02:06and bottom lines.
02:07So in addition to Marvel being part of the S&P 500, Flex is also going to be joining the
02:13index.
02:14They're going to replace Pool Corp and the Campbell's company, which gets me to my third
02:19stock to watch, which is Campbell's.
02:21The stock is up about 2% here pre-market.
02:24It did have lower sales last quarter, driven in part by a further decline in its snack business.
02:30We're just not buying these salty snacks as much as we were.
02:34But Campbell said Rayo's, which it owns the Rayo's brand, those Rayo's tomato sauces and
02:39pastas and Swanson Foods, continuing to benefit from trends of cooking at home.
02:46The company's CEO said that they're looking at maybe cost-cutting, different promotions,
02:53different ways to sort of get people excited about their snacks.
02:57Down 7.8% per year the last 10 years.
03:02I mean, it's just from 2023-ish.
03:05The consumer packaged food companies are definitely going through it right now just because, you
03:08know, behavior, you know, eating behaviors have changed.
03:12It's a much smaller company than I expected, 13,000.
03:15Yeah, 7.2% dividend yield.
03:18Oh, employees.
03:19Oh, that's kind of nice.
03:20Look at the yield.
03:20Holy mackerel.
03:21Getting paid to wait.
03:22That's how you have to do it.
03:23Positively European.
03:24Yep.
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