important drug for eli lilly a big detail all of biotech, pharma is going to be important. maria: i want to get detail from sam waksal next block much more ahead talking about medical breakthroughs 8:30 a.m. latest jobs data the initial jobless claims coming out we will have numbers as they cross the tape you are watching "mornings with maria" live on fox business, we'll be right back. ♪ ♪ . maria: welcome back eli lilly down one pandemic/4% beat on especially eps earlier but missed on revenue this is for fourth quarter, pharma company received approval from fda for a new blood cancer drug joining me right now as special for the hour graviton biopharmaceutical, ceo sam waksal great to see you. >> great to see you. maria: used a career investing in pharma i want your take what we're seeing in eli lilly, diabetes problem heart disease number one killer how would you characterize the growth stories within pharmaceuticals right now i think great growth in the pharmaceutical pharmaceutical industry talk eli lilly everyone expected lots of things going forward david spoke today g

evangeline lilly is here tonight. [ cheers and applause she's fantastic in it.w him from his work with "the lonely island," and he directed two -- not one, two -- super bowl commercials for pepsi that will air during the game this sunday jorma taccone is here tonight. >> steve: yeah, jorma! >> jimmy: jorm >> steve: jorm >> jimmy: and one of the best to do it out there, one of the best we've got great music from lang lang is here tonight. [ cheers and applause get ready. guys, it's thursday. you want to do a little "roses and thorns?" >> steve: oh, yeah >> jimmy: let's go around the room check in i'll go first. my rose is i ordered a a brand-new flat screen tv for the super bowl >> steve: oh >> jimmy: my thorn is it was being delivered by that chinese balloon. [ laughter ] >> steve: oh >> jimmy: higgins, do you have a rose and a thorn >> steve: oh, my god, do i ever i scored tickets to see beyonce in concert >> jimmy: oh, that's fantastic [ cheers and applause what's the thorn >> steve: the thorn is my children will no longer be able to attend college. >> jimmy:

passive investors were underweight eli -- lily eli lilly, -- passive investors were underweight eli lillyt. they have been long on growth names. maybe china predicted the end of the fed cycle incorrectly. >> a stock that you see almost as a battleground name is wayfair. , bob -- how come, bob? >> we love this story. the shorts are dug in. they don't believe the management has right size the company. passive investors that supply the stock to short have decreased their ownership over time. however, active managers have stepped in and now they are starting to buy the stock after years and you are seeing this battle between short-sellers who don't believe management, active investors deploying capital on the name, you have earnings coming upin 2023. we will see what happens. we think this is a microcosm for what's happening in the rest of the marketplace. >> good to get your perspective as always helpful context. joining us with some of the moving parts of the market right now. coming up, it may have been a hot inflation prints for the u.s., but the same can't be said for canada. we will bre

the earnings crest estimates on eli lilly but the problem is with their diabetes drug.ales came in low what wall street was expecting but when it comes to years sales, wall street still thinks potentially the fda approval it gets for that drug could potentially boost them a higher. when you look at eli lily, this is similar we have seen in health care. that sector is more defensive in nature and underperforming a broader market in that group in the s&p 500 is down about 3%. we were thinking about communication services and both are up more than 20%. kriti: it's fascinating to see health care lack this market at a time when it el chapo the covid boom, it got all of the attention to now not getting as much. i want your expertise on the stock market broadly. the green on the screen, is it sustainable? jess: that's the million-dollar question. was that as simple as a dish is a mean reversion play? my sources are adding more exposure to cyclical second there's whether it's energy or materials but some of them are getting more into technology and particularly comes down to ch

evangeline lilly goes way back with jeremy, they starred together in "the hurt locker" and stuck with daying, and i'm having moments where he is telling me of some of the stuff he experienced and the things he could hear and the things that he could see. >> hear? >> yeah. >> you heard right. jeremy never lost consciousness during the home with ordeal. but despite the dramatic details, evangeline has so much to tell about how well he is doing right now, call it a real miracle. just moments away on "access hollywood." back to you. >> thank you. >>> after mario on nbc prime-time, at 8:00, chicago med followed by chicago fire and then at 10:00, you see there chicago p.d. and of course we hope to see you back here for our 11:00 newscast. that's going to do it for us here at 7:00. for everyone here at nbc bay area, thanks for joining us. we hope you enjoy your evening. before we go, we'll send you outside on this beautiful wednesday night across the bay area. see you back at 11:00. >>> tonight on "access hollywood." >> i was just at jeremy's house the other night. it's a miracle. it's a str

european central bank at 8:15 for data, we get jobless claims and product claims we hear from eli lilly this hour and then harley-davidson and conoco we will get reports from amazon and apple and alphabet after the closing bell today >> we will do that after the break? >> if it translates, the biggest one-day gain >> i want to talk about the buyback s buyback. >> a lot to unpack >>> coming up, the big earnings movers, including the jump of shares in the facebook parent meta don't miss the interview with ray dalio. you are watching "squawk box" on cnbc >> announcer: this cnbc program is sponsored by baird. visit bairddifference.com. because you've got the next generation in global secure networking from comcast business, with fully integrated security solutions all in one place. so you're covered. on-premise and in the cloud. you can run things the way you want... your team, ours or a mix of both... with the nation's largest ip converged network, from the most innovative company. bring on today with comcast business. powering possibilities™. power e*trade's award-winning trading app make

it is the first marvel film of the year. —— evangeline lilly.o come out this year, so a lot of people are excited for it. you know that many people around the world are hard—core marvel fans. so i think they will be pleasantly pleased with the third instalment of this ant—man series. and so what do you think of the film, then, kj? is it up your street? just today, it came out. some of the reporters got to see it earlier. it's hard when you have a franchise — everyone always compares. they did the same thing with the black panther. is it as good as the first one? i'll let you guys be the judge of that. i think this one delivers. i think it's great. i think audiences will love it. it's probably what they've been looking for. and it's definitely a form of escapism, and really well done. great characters, good acting, and i think they will be surprised with this marvel film. she definitely makes it sound good. that is it for me. you are watching bbc news. hello. storm otto was the dominant force in our weather on friday. it brought some very strong

if you buy lilly here, you haven't had to suffer. it's already down.let me give you the bottom line when companies change their stripes or when they're incredibly well managed or disciplined or efficient or when they rint amazing products and reinvent on the fly you should stick with them. and remember if you like a stock so much that you named your darn dog after it, don't kick it when it's down. buy more let's take some questions. let's go over here we'll start with number 19 >> cramer, thank you very much for being here my name is ruben and my question for you is due to troubling valuations in public markets do you think reits should be pursuing privatization >> they had never done that because they tend to have a lot of debt on the books i think it's an interesting proposal but they love public markets because they like to sell stock and bring in more money and they like the stock itself to be able to buy things. so i think they should hold off. i think they have to be traditional as they are. i like federal realty, frt, shopping centers yes. >> hi

the one-year versus eli lilly. julie?nking about eli lilly, particularly their new drug which is a competitor for ozempic. and it's this miracle weight loss which if you spend any time on tiktok, which i do way too much, and i'm sad to admit it, you can -- it's really spread like wildfire. the level of word of mouth that this drug has received is unreal and eli lilly has made the decision to move it from just kind of consumer usage to proper commercial usage for diabetics it's probably going to be approved for obesity at the end of the year. and it has a massive runway, right? i'm always going to bet on the u.s. consumer frankly the global consumer's desire to be thinner over the treasury. sorry. >> that's a pretty powerful proposition, actually. >>> up next here, the one-year or toll brothers karen? >> they're both interest rate sensitive. they both like to see rates trade down a little bit. but i think the risk reward for me in t-bills, i'm just talking my book. i bought t-bills today you have a couple of interesting sc

david ricks was a guest earlier on "squawk box." >> yeah, stock of lilly, lowest since october.raise their guide, but when your tax rate is 7%, people are going to call it low quality. >> okay, so, people were keying on the majority number this is the drug that i told you, the weight loss drug. right now, people are taking wagove that's the one that the insurers will payfor. right now, $1,700 a month if you want to lose weight. diabetes is proof for it ricks did not give you the kind of thing that a lot of people want, which is to say this is going to be the greatest drug afof all time he's very conservative what a chance to buy eli lilly this is a chance people don't understand, buy eli lilly right now. >> how much of these, jim, in terms of david mentions pharma here, are execution stocks, specific stories, or just general rotation into obviously what's a huge emerging growth story now? >> well, i've got to tell you, i thought pfizer's guide wasn't that good. merck is just not a hype company. but at this point in the cycle, you're not supposed to buy these stocks the reason wh

it isjust lilly, jonathan majors, michelle pfeiffer. it is just a great cast.rvel film is coming up through the year. but this is the very first one to come out this year. so a lot of people are excited for it. you know that many people around the world are hard—core marvel fans. so i think they will be pleasantly pleased with the third instalment of this ant—man series. third instalment of this ant-man series.- third instalment of this ant-man series. �* ., ., ant-man series. and so what do ou think ant-man series. and so what do you think of _ ant-man series. and so what do you think of the _ ant-man series. and so what do you think of the film, _ ant-man series. and so what do you think of the film, then, - you think of the film, then, kj? isn't up your street? just kj? isn't up your street? just toda it kj? isn't up your street? just today it has _ kj? isn't up your street? just today it has come _ kj? isn't up your street? jut today it has come out. the reporters, some of them, good to see it earlier. it is hard when you have a franchise. everyone always c

eli lilly is a leader and the pfizer drug is an oral drug, a big advantage for a pill.ack otter: tell me more about the flu covid vaccine you were talking about. andrew: pfizer is developing an mrna combination, if it happens, the ceo thinks people get an annual flu shot, might as will get a flu covid combo instead. carleton: the performance over the longer-term, kind of disappointed but activist investors are not shy about going into big companies. companies like sales force and disney. even pfizer could see an activist come in. andrew: alphabetic facing activist pressure, pfizer, a number of things, a big balance sheet which basically has no net debt, depressed stock price, not buying back stock, hidden expenses for research and irrelevant and deals, the activist playbook could be buyback more stock and get religion in cost like the tech industry. ben: why pfizer when you have all these other political stocks? andrew: there are some issues but you get 3. 7% dividend yield which is supersafe, strong balance sheet, p/e ratio below the industry average and underappreciat

eli lilly has had a similar situation. we spoke with their ceo last week similar thing there.cturing is up. it's just kind of amazing to see these drugs launch so quickly and to have so much attention being paid to them that the company just didn't make enough. >> totally. >> of course, they had some of the manufacturing issues. >> no, it's kind of a spice problem to have. we didn't pour a ton of money into advertising and this is organic demand raises other questions as to whether these are legit and get into that once supply is fully available. meg, we appreciate it. >>> coming up, the u.s. shooting down that china balloon over the weekend and as congress works out a budget, the controversy could have big implications for defense spending one analyst writing never let a crisis go to waste what he thinks this will mean for your money is next can help you open those doors. by working with you on a retirement-income plan designed to balance growth and guaranteed income. because doors were meant to be opened. ♪♪ we all have a purpose in life - a “why.” maybe it's perfecting that

time for the auction block where there was a rush of sales ahead of pce with eli lilly, ups and kellogg'saising $14 billion yesterday. volume for the wii comes in around $22 billion, short of what they were asking. in your come a rare debt deal from astrazeneca which was the sole bond pricing there. it's the first deal for the company into years and a possible sign of the higher rate effect on credit, american car center had to pull his sale back on sub prime. we spoke to alliancebernstein about the equity bond correlation breakdown. >> high yield is a risk asset. we are in this good news is bad news environment and bad news is good news and for that, we will keep seeing a positive correlation between rates which we don't usually see. i think it's important that we pay attention when that changes because that is a signal that things are turning back to normal. katie: our guests join us now. to that point, we can definitely say that equities have been on the back foot over the past few weeks and you see that in the junk bond market as well. is that the dynamic going forward with more pain

eli lilly had mobile lab units during the covid now it's using it for trials. they looked for participants in an alzheimer's trial and build trust in communities of color. >> we're able to work with local research physicians and help them help our participants, our potential participants understand what research is, how to be a part of it >> the fda has pushed drug makers to boost racial, gender and geographic diversity in trials, doing more in rural areas for example, though the commissioner admits there will be limits. >> if you're studying, for example, a new drug that hasn't been tested in many people you may need to be in an intense environment at an academic medical center for other trials it's absolutely the right thing to do. >> and rolling trial participants can take a lot of time and it costs drug makers tens of millions of dollars, now drugstores are trying to get a piece of that business cvs, walgreens and kroger have launched services with their locations they say they can broaden reach for trial participants >> bertha, thanks very much for that >>

eli lilly, the maker of mounjaro, "our priority is making sure it's available to people with type 2 diabetesll doses of mounjaro are available. some pharmacies may experience intermittent delay. americans have been looking for quick ways to slim down since before color tv. from vintage newspaper ads to the age of ininfomercials. advertising dietary supplements like slim fast shakes or specialty diets like atkins. >> i've been living atkins for years. >> reporter: fast forward to 2023, "the real housewives of miami" are taking weight loss shots on screen. >> what's in there? >> it's a fat-burning shot. >> reporter: while ozempic can be really effective for people who are obese, doctors generally don't recommend using them just to shed a few pounds. the long-term side effects aren't really clear yet. the ozempic ads mention risks. >> serious side effects may include pancreatitis, gallbladder problems, nausea, vomiting, diarrhea which may disruption kidneys. >> the side effects are usually mild to moderate. >> reporter: people like callie say this is just a small price to pay. >> i'm not going

so, the readthrough here is that lilly has, as i've said before t greatest-selling drug of all time >ntially >> david -- >> by the way, novo nordisk is an enormous company. >> they can't make enough. can you imagine what will happen remember, it's not a mountain in africa >> understood. >> it's the best -- potential best-selling drug of all time. especially now that humera is off patent >> that's the opening bell in the cnbc realtime exchange at the big board, a professional servicing firm, and at the nasdaq, the american heart association. jim, lot of movers we've not gotten to so far this morning. we kind of did snap and amd, but i imagine you're also watching western dig, the guidance there absolutely crazy, looking for a loss that's four or five times the estimate >> there's one where you would expect the stock to be down big, and it was down three points last night it's actually up why is it up other than the fact that maybe it shouldn't be. why is it up because maybe we have a bottom in flash flash is immediately applicable to micron, and micron is up. last night, when i saw wes

medical student lilly needs prescription drugs to treat multiple conditions, including endometriosis.ficult to work part time as a medical student, i am advised and encouraged not to get a part timejob due to the strain of the course, which means that it can be very, very difficult to afford that every month. whilst the cost of living crisis has sharpened the focus on prescription charges, zoe believes an overhaul is long overdue. stop these unfair prescription charges. it's not fair. why are certain illnesses exempt and others not? zoe is not the only one that feels this way. so the current exemption situation, which means that some _ patients don't have to pay, doesn't make sense. - it was made years ago. it doesn't reflect i the current times. it isn't up to date. and really we just need to scrap - the prescription charge completely. it's unfair. it's a tax on the sick. we've seen a rise in patients not collecting their prescriptions. . and really, this is part- of the cost of living crisis. the government says freezing prescription charges has saved patients more than £17 million,

you also need to exercise and to regular sports, but you need to do it properly. lilly schlagel has declared war on her weight as part of her weight loss plan. the 20 year old goes jogging every day. she wants to lose 5 kilos to get back down to her ideal weight. kept oscar food, a few of you right now. i feel like i gained a tremendous amount of weight over christmas government. it probably started before that. the really annoying thing is having to buy new pants all the time. no, you wouldn't call from us. they can losing weight through exercise alone work only with a lot of hard work because exercise phones, few calories than we might think. half an hour of relax jogging, for example. buns just 300 calories. that's as many as a single p not chocolate bar. to lose just a kilogram of body fat. you'd have to joke for 30 now live. and then after the work out comes the next problem yet till faded kitty get me. yeah. and in fact i often get cravings for really calorie rich food is like sweet chocolate pastor or burgers after it was ice. and yeah, and yes is that has happened to me a lot, but i

you also need to exercise and to regular sports, but you need to do it properly. lilly schlagel has declared war on her weight as part of her weight loss plan. the 20 year old goes jogging every day. she wants to lose 5 kilos to get back down to her ideal weight. kepler's food, i think he would, he retina. i feel like i gained a tremendous amount of weight over christmas a gun. it probably started before that the really annoying thing is having to buy new pants all the time. i wasn't call from was that can losing weight through exercise alone work only with a lot of hard work because exercise phones, few calories than we might think. half an hour of relax jogging, for example. buns just 300 calories. that's as many as a single p not chocolate bar. to lose just a kilogram of body fat. you'd have to joke the 13 i live. and then after the work out comes the next problem yet till say the key to dig it me. yeah. and in fact i often get cravings for really calorie rich food is like sweet chocolate pastor or burgers after it was ice. and yeah, and yes is that has happened to me a lot, but i just ga

you also need to exercise and to regular sports, but you need to do it properly. lilly schlagel has declared war on her weight as part of her weight loss plan. the 20 year old goes jogging every day. she wants to lose 5 kilos to get back down to her ideal weight. kept lascola you ready? right now. i feel like i gained a tremendous amount of weight over christmas gum. it probably started before that the really annoying thing is having to buy new pants all the time i wasn't call from was. they can losing weight through exercise alone work only with a lot of hard work because exercise phones fewer calories than we might think. half an hour of relax jogging. for example, burns just 300 calories. that's as many as a single p not chocolate bar. to lose just a kilogram of body fat. you'd have to jokes the 13 hours and then after the work out comes the next problem. yet till sailors quay get me. yes. in fact, i often get cravings for really calorie rich food like sweet chocolate pastor or burgers, after exercise. and yeah, and yes, as that has happened to me a lot that long i just gave in to the tem

another drug from eli lilly is on track for fda approval this year market analysts expect it to become best-selling drug of all time was the weight coming off? >> the weight was coming off. >> reporter: fast? >> fast. first week, it was like two pounds. second week was three pounds i lost about 17 pounds. >> reporter: artemis has multiple issues that make it hard for her to maintain a healthy weight, including being insulin resistant. this isn't a drug so you can fit in the dress to walk the red carpet this is a drug to keep you out of the hospital >> right to keep my weight off, to stabilize my blood pressure. >> reporter: to keep you alive. >> to keep me alive, to keep me healthy >> reporter: but the coupon she was using ran out after six months. >> she said, it's $1,295, and i said, what we went from $25 to $1,295 >> did you drop the phone? >> yeah! >> reporter: she can't afford it, and her health insurance will not pay. most insurance companies won't cover the costs for drugs used as weight loss treatment. neither does medicare, and in most states, not medicaid either. are the peop

you havejonathan majors, who is new to the scene, you have evangeline lilly, jonathan majors, michellerough the entire year, but this is the very first one to come out this year, so a lot of people are excited for it. you know that many people around the world are hard—core marvel fans. so i think they will be pleasantly pleased with the third instalment of this ant—man series. she makes it sound good. you can reach me on twitter — i'm @anjanagadgil. hello. storm otto was the dominant force in our weather on friday. it brought some very strong and gusty winds to the northern half of the uk. a gust of 83 miles power on the coast of aberdeenshire. but further south, it was all about mild weather. temperatures at pershore in worcestershire got above 17 celsius, unusually mild for this point in february. that curl of cloud there on the satellite picture, that was storm otto, now quickly moving away eastwards. this is our next weather system that's been bringing some rain and indeed some snow in places through the night. ice likely to affect some parts of scotland as we start saturday morni

say hello to evangeline lilly.at's a lot of boys in the house. i have one and that's a lot. you grew up with women. >> evangeline: sisters and female cousins. a world of estrogen. >> kelly: god was placing a challenge before you. >> evangeline: i always knew that i was going to have boys because i couldn't deal with girls' drama, never. >> kelly: i know a couple guys that are just chickens, they are hands. >> evangeline: very good point. >> kelly: i know a lot of guys that are hens. >> evangeline: is a girl, i thought boys at this age were so weird, i couldn't understand them for the life of me. as a mom. strange. as a mom, i still don't understand. i don't know what's going on here. i don't understand the noises coming out of your mouth. >> kelly: my son is max from "wild thing." >> evangeline: he makes up weird things and sounds and says them over and over. he has this line where he goes, he says to his younger brother "i'm sorry for touching your bum-bum. >> he loves weird words like that, it's really funny but

david lillie is executive director of the syrian american medical society.ical relief organisation that does a lot of work in syria and it also has teams affected by the quake in turkey. hejoins me now from washington. thank you forjoining us. tell us what your teams are doing on the ground. us what your teams are doing on the ground-— us what your teams are doing on the ground. thank you. my teams have been — the ground. thank you. my teams have been working _ the ground. thank you. my teams have been working now— the ground. thank you. my teams have been working now for- have been working now for nearly 72 hours since the quake struck at four o'clock in the morning on monday. italy truly around—the—clock trying to save those who are injured and still coming into ourfacilities. we treated over 2000 and injured people at our new facility than we have already confirmed 200 dead. of the seven hospitals that we run in northern syria, four have been damaged, to so badly damaged that they had to close, one was a maternity facility and so literally we had to carry

they're calling on the south african government to vote patents granted to pharmaceutical companies. eli lilly and madonna for its coven, 1900 medicine and the m. r. n. a vaccine. they argue that these patents will undermine people's access to life saving treatments and will prolong the pandemic for everyone. for example, treatments like barrister to know for coven 19 which generic manufacturers in india and bangladesh charge only $7.00 per 14 day treatment. but in south africa, the same treatment goes for $270.00 per 14 days. due to the past blocking the production of generics and south africa, global inequality and access to medicine has been shoved into the spotlight now with the cova pandemic, south africa is looking to push pat reform laws so that patents no longer block generic producers from entering the market to produce and supply more affordable medical tools. according to the f, b, a generic medications can cost on average 80 to 85 percent less than the brand name equivalence. india has emerge as a global leader in producing pharmaceuticals, although it's still relies heavily on chi

you have evangeline lilly w of —— you havejonathan majors, you have michelle pfeiffer and it is a great, so a lot of people are excited about it. you know many people around the world are hard—core marvel fans, so i think they will be pleasantly pleased with the third instalment of this ant—man series. the third instalment of this ant-man series.— the third instalment of this ant-man series. �* ., ., , ., ant-man series. and what do you think of the _ ant-man series. and what do you think of the film, _ ant-man series. and what do you think of the film, kj? _ ant-man series. and what do you think of the film, k]? is _ ant-man series. and what do you think of the film, k]? is it- think of the film, kj? is it up your street? think of the film, kj? is it up your street?— your street? yes, it is 'ust out publicly i your street? yes, it is 'ust out publicly today. i your street? yes, it isjust i out publicly today. obviously some reporters had a chance to see it a little bit earlier, but i think it is grateful to people... it is hard, when you have a franchise, they did the same thing with t

you have earnings from eli lilly and honeywell and apple and ford and alphabet you have a pair of centralecisions and european central bank i'm tired thinking about it. i'm just tired. >>> let's get to your money. it is clear we are closer to the end of rate hikes than the beginning. jay powell gave no indication of clear time going, two investors believe the fed is close to pausing its rate hike campaign here is what michael sonnenfeldt said to us this morning. >> the overwhelming opinion is interest rates may have peaked or not going to continue growing as quickly as possible there are so many things going on in the economy with reduced demand whether it is container rates or supply issues or used cars these peaked six months or eight months ago labor is tight, but many components have started falling falling. it is a better rate interest rates are not goinghigher. >> i think it is tough to make the statement ongoing increase unless you had very substantial change in economic conditions. we don't have that much time we have two employment reports as you pointed out and a couple of cpis.

i'm rooting for the puppy bowl to be honest my poor lilly did not quite make it but we have hope. >>ank you so much, victoria. great to have you today. we appreciate it very much have a great weekend victoria green >> thanks. >>> we're going from the tv to the table next on "power lunch." we will get a look at the big-game snacks we talked about seeing price deflation what does it tell us about what is going on in the economy there is "power lunch" quarterback tyler mathisen getting ready. i will join him on t oerheth side of this quick break ♪ ♪ >>> hi, everybody. welcome to "power lunch," along with kelly evans i'm tyler mathisen >>> coming up we have google searching for answers. alphabet slusing there 150 billion worth alone. the company thinks the stock is a buy from here. >> stepeaking of disasters, lyft getting crushed, losing a third of its value we will dig into the core of what happened and get our traders to take on whether it looks attractive at this discount let's check on the dow and the s&p, close to break even, but the nasdaq taking a hit as interest rates continue to

they're competing with eli lilly and pfizer in the u.s. it's been keenly anticipated.promises to shave 50% off a person's body weight. that stock up 1.5% which is a pretty big day for a stock of that size. the third one is in the u.k., glaxosmithkline, a bit of a beat on the top line. their eps is expected to rise as much as 15% this year. known for their shingles vaccine. that stock only up .2% as we can see on the screen. they are waiting for some key approvals to come through. one of their iron deficiency treatments. and also, some respiratory drugs have not gotten approval in europe. the big overhang for that one is the zantax litigation that caused a storm last year. investors waiting on the sidelines to see how that comes through. francine: later on, we will speak to the novo nordisk chief executive. ♪ it's official, america. xfinity mobile is the fastest mobile service. and gives you unmatched savings with the best price for two lines of unlimited. only $30 a line per month. that means you could save hundreds a year over t-mobile, at&t and verizon. the fastest m

they go around with the insurers are doing by just saying, this is -- >> you're talking about the lillypetes >> wagove is their thing they don't have enough capacity and that is restraining the earnings >> constraining. >> constraining. i like con more than res >> all right it's good usage. >> well, speaking of apple, at least, and semiconductors, jim, on semi, pretty decent auto numbers. they guide a bit light, but revenue and gross margins beat >> well, look, on has been the one and xpithat have been able to continue to parlay sales to autos as being a good story on wall street, because autos are so constrained but look, the problem with all these is that it just -- you can't satisfy wall street. they'll raise the number they'll report a better number and all that does is keep the stock from falling really hard because people don't like these stocks they liked amd because there was a big short squeeze, but then this morning, if you extrapolate dell, do you really want to own amd, which makes pc chips? it's down. >> goldman over the weekend, asset managers are piling into semis, expres

milken said all the time true mike is right about that importantly we have seen what new drugs by lillyng type two die beatis drug making people lose weight dramatically desperation we are seeing getting drugs is a big deal will have an effect on longevity just walking has an effect on longevity. maria: moving, yeah. >> more importantly, people who walk a mile a day, have a reduced incidence of the onset of alzheimer's. maria: wow. >> you have seen so much so muchs crosses your desk your take where medical breakthroughs are right now what are you most excited about in terms of pharma i am glad you mentioned google, goal we know a search company but you know what? it is spending more and more energy time and more than on healthcare, so, you are seeing all these tech companies, understand that is where growth is where do you see growth. >> that really tells us what you just said is very important. ; to the markets, for example. in the worst of times, you still need your aspirin, right so you still need drugs. people get diseases that need to be cured, and our industries especially in biot

shares of eli lilly down just about 6% on the session. more so than merck after it had mixed results. procht profits beat estimates weaker sales in key diabetes-related drug franchises lily raised full year guidance still ak chewating the negative. end on ford. shares up decently 5.5% up. automakers up on the day reporting january vehicle sales that grew over the same month last year driven by more sales of its f-series pick-up trucks, broncos and suvs and full quarterly results after closing bell today those shares up ahead of that earnings report. the trade there, kristina what are you watching from the nasdaq in the big heavy tech trade today? >> thank you seeing risk appetite driving the nasdaq above 50 and 200-day moving average meta the dominant themes shares over 25% topping revenue estimates announcing a $40 billion stock buyback plan on track for its strongest day in a decade shares 27% higher. meta vying for top nasdaq 100 winning spot, but align technologies putting up a good fight up as well it going back and forth. orthodonti

the five stocks i have are eli lilly, palo alto networks, pioneer, caterpillar, and last but not least go bears >> all right let's hope the expiration date on that is sunday. pioneer is up $10.30 today because it has a 10% field and i love it. wells fargo, but what i didn't add, fwhail able to buy back more stock lily, it was a monster week for lily that will not be approved by the fda until probably late spring in the meantime, people are not keen on it they want to see the real numbers. let's wait for approvals if you haven't bought it yet. cyber security machine, drug, oil, bank -- man, these guys are just terrific. the fellow who has paramount, please make those changes. i don't like at&t. i'm concerned about paramount, red fin not really a stock we got to upgrade. in a bull market, we upgrade mad money is back after the break. >>> coming up, this company helps countless patients manage their diabetes can it help you maximize your investments? stick with cramer. ga-a-a-ap! oh... hi. what's this, a hospital bill? mm-hmm. for 1,100 bucks? ga-a-a-ap! looks like your wallet may need a

lilly does not encourage the off-label use of any of our medicines.a approved for weight loss sometime this year. because these drugs work as an appetite suppressant in part doctors say patients may gain the weight back if they stop using it. for some, guys, this might be life-long medication. robin? >> mona, thank you so much. we will bring in dr. jennifer ashton here, we've been talking during mona's piece. what is it about it that helps you lose weight? >> this class of medications, semaglutide is the generic name, works a couple of different ways and it stimulates more insulin activity so insulin works better, more efficiently at processing the glucose and it slows the emptying of your stomach. so it does absolutely kill your appetite. when studied head to head against the other fda-approved weight loss medications, this class is most effective. we've known about this for well over six or seven years right now. one of them wegovy got fda approval for weight loss for those overweight in 2021 but the real purpose of these drugs is for people with ty

lilly said it was a miracle after being crushed by his snow removal tractor.t was new year's day in reno. we talked a about that. scary situation for him. glad to hear he is better. >> he's on the mend. >>> the mayor outlining her priorities for san francisco. what she said in her state of the city address. >> a shock to neighbor in the sunset distr go the extra mile this presidents' day in a volvo mild-hybrid vehicle. >>> right now on cbs news bay area at 6:30, it was an explosion in broad daylight. you're looking at what is left of the home in san francisco's sunset district. a person's body was pulled from the rubble last night. another person is being treated for severe burns. this was all first reported around 9:30 yesterday morning at the two-story house on 22nd avenue near moraga and noriega streets this is what it looked like after the explosion. the helicopter flying over the house while it was still burning. you can see the smoke billowing from there. our jocelyn moran is live from the sunset district where it all happened. jocelyn, we know the crews

they don't have any new drugs i want they don't have the great trials going on i say go with eli lillyo steve in pennsylvania, steve? >> caller: hey, jim, boo-yah. >> boo-yah. >> caller: marine corps veteran and a long-time listener and first time caller. thank you for taking my call. >> thank you for serving what's going on? >> caller: i want your take on eqt. >> eqt jeff marks and i addressed that. we had a home stretch program until 2:00 and i got to tell you that's great if you think that's the bottom, it's time to -- buy, buy, buy! that ladies and gentlemen is the conclusion of the lightning round. >> announcer: the lightening round is sponsored by td ameritrade coming up, starbucks may or may not be on the verge of an all in power transformation but cramer is taking a lesson from schultz and shares it next lily! welcome to our third bark-ery. oh, i can tell business is going through the “woof”. but seriously we need a reliable way to help keep everyone connected from wherever we go. well at at&t we'll help you find the right wireless plan for you. so, you can stay connected to al

i walked into the studio, and i think it's the lillies. >>> hopefully you get a nice little surprise as well. but i think the weather will shock you, too, because we're going to see a major change today. a cold front coming in will bring in not only colder temperatures, but also some wintery precipitation for parts of the state. we're seeing some snow further to the north. as that moves in, our upper elevations will start to see it changing over to snow. and then for much of the rest of the north bay, before noon you're going to see that rain sweeping on through. it moves into san francisco and the peninsula around lunchtime and then going into the early afternoon hours with some quick-moving rain, but still some spotty showers possible, even into the afternoon. once that moves out, tonight the cold temperatures settle in. look at how warm or cool it's going to be. definitely a big change compared to yesterday. only reaching a high of 50 degrees. yes, these are high temperatures. and then for tonight it's going to be freezing in a lot of the inland valleys, dipping down to freezing i

. >>> eli lilly shares off the low of the day, down 6%.nings topped estimates but sales of the latest diabetes treatment was light. merck is down 3% q4 results were strong but they gave light guidance for sales in 2023 as covid sales are to drop. >>> weekly jobless claims have dipped to their lowest level since april, indicating businesses are holding onto their workers. meanwhile, layoffs across the u.s. spike to a two-year high driven by near record layoffs in the tech sector. >>> long-time cryptocurrency critic is calling for sweeping measures to protect investors. berkshire hathaway vice president charlie munger says the u.s. should follow china's lead and ban cryptocurrencies all together he says they're more like gambling contracts than securities, or currencies. of course, even gambling is regulated. jon? >> contessa, thank you >>> apple shares, meanwhile, moving higher ahead of earnings this afternoon although we're expecting the first revenue decline since 2019 for the tech giant our steve kovach joins us from cupertino with more.