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LLY Aug 2024 955.000 call
- Yahoo Finance Video
Biden, Boeing plea deal, French markets: Morning Brief
It's Monday morning, and stocks (^DJI, ^IXIC, ^GSPC) are moving as if they're on their third cup of coffee ahead of the market opening. Seana Smith and Brad Smith help investors start the day off right, highlighting this morning's top business stories and previewing the biggest economic data prints and earnings reports expected out throughout the week. Raymond James managing director Ed Mills comes onto The Morning Brief to talk about how the markets could react to President Biden's willingness to stay in the 2024 presidential election. Boeing (BA) plans to plead guilty to a fraud charge tied to fatal 737 Max crashes from 2018 and 2019. Bloomberg Intelligence senior analyst George Ferguson expands upon the plea deal arranged with the Department of Justice (DOJ) and what it means for the aerospace company's stock value after a series of manufacturing issues from the beginning of 2024. Several other top trending stocks on the Yahoo Finance platform include Paramount Global (PARA) as the media company agrees to an $8 billion merger with Skydance Media; Eli Lilly (LLY) $3.2 billion acquisition of Morphic Holding (MORF); and French indexes (^FCHI, ^SBF120) in response to the country's snap election results. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Eli Lilly to acquire Morphic in $3.2B deal
Pharmaceutical giant Eli Lilly (LLY) has reached an agreement to purchase biopharmaceutical company Morphic (MORF) in a deal valued at $3.2 billion. This strategic move marks a notable expansion in Eli Lilly's portfolio and research capabilities. Yahoo Finance health reporter Anjalee Khemlani explores the benefits of this deal for both companies and the broader pharmaceutical industry. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This article was written by Angel Smith
- Investor's Business Daily
The Next $1 Trillion Stock? AI Play Briefly Joins Club; Tesla, Warren Buffett's Berkshire Hathaway Close
Which will be the next $1 trillion stock? Taiwan Semiconductor briefly joined the club Monday. Tesla and Warren Buffett's Berkshire are getting closer.
