francine: this is the man in charge of europe's most valuable company, novo nordisk, and its blockbuster diabetes and obesity drugs ozempic and wegovy. both contain the key ingredient semaglutide, revolutionizing the weight loss market and generating billions in sales. celebrities have helped their popularity soar. sharon osbourne, chelsea handler, and elon musk have all publicly talked about taking ozempic or wegovy, and they've had further backing from oprah winfrey. it's a global phenomenon, reaching millions on social media apps, including tiktok. but it's not without controversy, including possible side effects, high prices, and the company's lobbying efforts receiving criticism around the world. and in some cases, patients might also need to take the drugs indefinitely to avoid regaining the weight. chief executive lars fruergaard jorgensen says obesity is a disease and thinks the company will learn from its growing number of patients. lars: when i ask the scientists, they say the priority and mechanism will tell you that it's chronic treatment. my personal view is that we will als

it's a crucial market for weight loss drug makers like novo nordisk, but challenges remain. company's patents expire in the u.s. and the e.u. at the end of the next decade, and rival drugs are already emerging, like zepbound by eli lilly. i asked the chief executive, lars fruergaard jØrgensen, about regulatory pressures and future growth. so, how do you think about pricing? again, you must have gotten some difficult questions from governments, but also, this goes back to innovation. lars: most products are priced according to the value they bring. and i feel really good about the value of our medicines, what they bring to the individual patient, but also the value to the health care system. and we have, today, health care systems around the world who were typically designed for acute care. but finding that 80% of the cost in the health care system is linked to chronic care. and we have portfolio products that are really addressing some of the chronic diseases of our day and age. diabetes, obesity, and the comorbidities that follow that. we know that there are projections tha

novo nordisk says it is cutting the cost of wegovy 23%, and that is effective immediately. the new price of $499 will be for all patients, regardless of whether they have insurance. the move follows eli lilly's decision to drop the price for the diabetes and weight loss drug. >> and coming up, this happened. the warning to us all about taking out the trash without testing the ice first. >> but first. >> who. >> eye a cheeto just sold at auction for $87,000. another crazy auctions as well. t morgan. with so many mesothelioma lawyers on television, how do you choose the right firm for you and your family? our goal is to get you as much as you deserve. $30 billion was set aside for mesothelioma victims like you. if you've been diagnosed with mesothelioma, we'll come to you within 24 hours so our team can get to work right away. call us now. there's only one morgan and morgan. >> call one 800 602 3400. >> if you're on supplemental oxygen. heavy and awkward tanks can be a burden. now you can leave home and leave the tanks behind with inogen portable oxygen therapy that moves wit

. >>> novo nordisk says it will begin selling its weight loss drug wegovy for around $500 a month toto help patients without insurance coverage. >>> and in honor of women's history month, mattel created barbies to highlight female friendships around the globe. they include gold medal gymnast jordan chiles. "early today" will be right back. e right back. for years, one supplement claimed it improved memory. but thtruth? it can't support those claims. choose neuriva plus — which supports six brain health indicators, including memory, with clinically tested ingredients. it's time to switch to neuriva. welcome to the 100° sweat test. which one of these two antiperspirants can stand up to the heat? that's it. take it up a notch. looks like ordinary antiperspirants can't take the heat. ordinary antiperspirants can't fight sweat better than secret clinical. want a next level clean? swish with the whoa of listerine. it kills 99.9% of bad breath germs for five times more cleaning power than brushing and flossing alone. get a next level clean... ahhhhh with listerine. feel the whoa! ♪ rinse it

danish drug maker novo nordisk says it is slashing the prices for what the company says. costs will go down 23% for all doses, so it will cost $500 a month, down from 650. that's for people with or without insurance. the change comes a week after drug maker eli lilly cut the monthly price of its starter dose of zenni, bound to two $349. after working on the bay area proud series for more than a decade, there is something i have learned. kindness is contagious. and tonight, the story of an east bay boy that has caught that bug and hopes others do as well. you'll shoot your puck and then just skate the back of the line. there are few things 11 year old max racer loves more than playing hockey. all right. it takes something special to take priority over max taking the ice. but ever since max turned ten, there is one thing. or should we say ten things? i am about to complete my 10th act of kindness. we met max a little over a y year ago, when he tolds that after seeing our story about brian liakos, a 30 year old who vowed to do 30 acts of kindness, he got an idea. i told my m

so novo nordisk, moving on, that bit of news up 3.75%. we'll keep an eye on that. remember it's been an underperformer over the last year. we'll see if this thing turns around because of this news. i'll send things back over to you. >> all right, don, thank you very much. now, the white house is reportedly weighing this one month delay of auto tariffs on canada and mexico. it comes after a softer patch of economic data and some weakness in the stock market. big miss on adp this morning. with private companies adding just 77,000 new workers in february. about half of what was expected. my next guest says even if president trump walks back his tariff plans, economic uncertainty will continue to grow. here to explain is stephen davis, senior fellow at the hoover institution and creator of the economic policy uncertainty index, along with cnbc senior economics reporter steve liesman. welcome to you both. steve liesman, will you just remind us a little bit about the significance? i see this index now cited everywhere. >> yeah. well, we've been tracking it for a long tim

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scientifically targets two ways to activate the immune system, you can put it head-to-head with novo nordisk scientific and i think you would in the market as well. stuart: the next one is in no data. >> it was trading at $8 will be first talk to january of last year. it is now north of 50, $55 a share this is a company with generative a.i. support to all of the big tech companies. instead of buying nvidia what you buy in a data instead it will serve alphabet, microsoft, amazon, you name it, apple this is a company with a pick and shovel. >> more room to run. >> i think the stock could be a $100 stock it's only traded at once $.6 billion trading, if you get too excited. >> fifty-four dollars. i'll take that, thank you. coming up nancy pelosi is telling democrats don't pull any stock during the joint address to congress, that is rich i remember her tearing up, that was a public demonstration we will have more on that coming up trump's treasury secretary says we will easily be able to hit the fed inflation target. watch. >> i would expect quickly we will be down to the fed 2% target. economist

you have to buy directly from novo nordisk. with a physician before taking either of these drugs. same thing when it comes to zepbound. you will need to use lilly direct self pay pharmacy solutions. the prices go from 349 to 499 for those viles. this is different because people like the auto injector. that is what you would be getting for the wegovy, the auto injector, you stab yourself and it's done. zepbound right now is the viles only, which means you have to use a syringe and draw the medication yourself and then give yourself the shot. >> is this about making the drugs more accessible to more people? >> definitely. this will open the door for so many people who have been sidelined by the cost. still not cheap, 499 a month is a car payment for most people. but this really does open the door for so many more. and the results so far have been pret te promising. not only for people losing, 20% of their body weight, people are also saying these drugs shut off the food noise which also has been shown to shut off their impulses,

. >> that's the telehealth company, down today by nearly % 3 after novo nordisk slashed wegovy's price than half. novo launching an online pharmacy where cash-paying patients can order doses of the weight loss drug for $490 -- 499 per month. next up, take a look at a the casinos. wynn resorts, las vegas sands and mgm mostly higher. mgm just slightly lower. they may get another boost soon with march mad on the way. the men -- madness. the men's college basketball conferences championships begin this week, and the big tournament is up next. so that should be good for the casinos. last up is target. the retailer's been hit with price target cuts after earnings this week. obviously, capital reducing their price target to $151 from $153. nothing major, but maintaining an outperform rating on the stock while truist is cutting its price target to $124 from $134 and maintain thing a hold rating. target itself right now at $115 a share, down 1.25%. stu. stuart: police in massachusetts are investigating a fire that destroyed seven tesla charging stations. ashley, do they think it was deliberate?

novo nordisk. i alls like this stock. offering -- i always like this stock.n wegovy. how big? how do i get it? >> over 50%. cash-paying customers, $499. the overall list price is $1350. so that's over half off, right? just pay $500 instead of -- stuart: it was $1,350 -- >> and if you're an all-cash payer, you can get it for $499. stuart: is that somebody who doesn't get it on insurance? >> that's what i'm assuming. i don't think you actually have to pay cash, i'm assuming you're just going around insurance. stuart: you personally are buying this, $500. >> correct. and this is really to take on eli lilly who had a similar story where they were cutting the price of their drugs, i think their small vials, by $50. look, there's competition. so you want to get in there -- stuart: capitalism's a wonderful thing. >> imagine that. stuart: taylor, we'll be watching you on "the big money show." starts at 12 noon. time we got back to bahnsen here who always brings us dividend picks, and today he's brought a company that the i am invested in, blackstone. >> you are. i go

novo nordisk is available to patients who don't have insurance for wegovy. >>> coldplay will help put together the first ever world cup final halftime show. fifa, soccer's governing body announced the lead singer and band's manager will finalize artists to perform. the world cup will also take over times square during the tournament's final weekend. a good time for new yorkers to take a vacation. >> always a good time for a vacation. i hope beyonce. i never get tired of those. >> i can only hope. >>> still to come, a major shakeup in the fast food industry. how shake shack is looking to take a bite out of the competition. competition. >>> the race to ave here i am—field trip chaperone! before preventing migraine with qulipta, it was hard keeping plans. and look at me now! you'll never truly, forget migraine, but qulipta reduces attacks, making more zero-migraine days possible. don't take if allergic to qulipta. get help right away for serious allergic reactions like trouble breathing, face, lip, or tongue swelling, itching or rash which may occur when taking qulipta or days after. com

. >> novo nordisk. >> is bringing its blockbuster. >> weight loss. >> drug, wegovy, direct to consumers. through a new online pharmacy. patients can pay $499 in cash per month, well below its list price of over $1,300. and that's why you're seeing shares up 3.5%. you know, weight loss drugs cheaper. >> all right. we'll come back to you a little bit. christina, thanks so much. we're just getting started here. up next, sycamore tree capital's marco carta is back with us breaking down. he's navigating the volatility in this market. he'll join me right here at post nine after the break. after the break. >> we're. -what've you got there, larry? -time machine. you gonna go back and see how the pyramids were built or something? nope. ellen and i want to go on vacation, so i'm going to go back to last week and buy a winning lottery ticket. -can i come? -only room for one. how am i getting home? sittin' on my lap like last time, ronald. fine, but i'm bringing this. [ whirring ] alright. or...you could try one of these savings options. the right money moves aren't as far-fetched as you think. the

. >> novo nordisk. >> came to market with these things.y commercialized it, but the drugs were in there inventing drugs at the nih that are going to save our lives. and we don't even. know from from illnesses we don't even know exist, or that we have. >> and i mean, every every treatment and intervention, every treatment and vaccine and preventive intervention with a pharmaceutical, pharmacological nexus of the last 20 to 30 years, you can trace in one way or another back to nih. and to just cut them wholesale is so what's the word, stupid? yeah. yeah, that it was cathartic today to see so many people out there today standing up for science. >> and i appreciate you focusing on on those various protests just about the science. >> part, because. >> it's hard to know what you're fighting for in this, in this craziness that's going on when they're cutting all these things that are not household names and you don't think about all the time, it is important for people to go out and say. this stuff really does matter. there's a reason government

. >> and you see, today, novo nordisk has a new policy on it. >> i know plenty of people who are using you go to dinner with them, they eat half their portion, they don't drink as. much fun. and apparently maybe they're not snacking as much, right? >> they're like, they they may be smacking. my wife hates it when i'm smacking when i'm snacking. but i will tell you, david, that this is a shock because snacks have been pretty good and goldfish has been one of the greatest players of all time. >> the key here is they lower their organic sales guidance. >> really bad. the organic sales. >> are now looking for down. 2% to maybe zero. down to the volume decline. >> as much as 2%. organic sales growth. >> or net price. pretzels aren't selling well. hanover pretzels. david. one thing is really good about it. this stuff is not made in mexico. >> no. >> okay. >> i think. it's really good. >> it is good. that has nothing to do with it. >> it only has like 7000 different ingredients. >> if david ricks were to go on the board, there would figure it out. david ricks being the ceo of look. >> all rig

shares of novo nordisk jumping the pharma company, saying it will offer its blockbuster weight loss druggh a new direct to consumer online pharmacy available to millions of patients without insurance coverage and for less than half the price of its usual monthly cost. and some after hours action tell you about marvell technology dropping despite a beat on the top and bottom line estimates guidance coming in in line with expectations. mongodb lower as well despite beating revenue estimates. non gross margins coming in a bit lighter than expected. the company also posting slower sales growth than competitor snowflake and zscaler higher after reporting eps and revenues above expectations. well china targeting economic growth around 5% this year despite growing trade tensions with the us. the estimate coming out of the national people's congress, the yearly event that is underway in china. beijing also laying out potential stimulus measures that helping shares of names like alibaba, jd, pinduoduo and baidu rally today. but our next guest is still cautious, warning the market needs a reality

novo nordisk is now offering its weight loss drug for less than half of its usual price per month. wegovy will be available to patients without insurance coverage through an online pharmacy. now, the pharmacy is called novo care. patients can pay $499 per month. still a lot. but before we go, we cost $1,350 a month without insurance. this follows a similar move from eli lilly, which also lowered the cost of its weight loss drug. zepp bound, the new ceo of david's bridal, has some grand plans for the company. david's bridal, known for its wide selection of wedding dresses in particular. but the ceo, kelly cook, will take officially over at the company beginning in april. cook plans t david's bridal into a wedding planning media empire. two years after emergency from emerging from bankruptcy, and one of her goals is to establish an online marketplace for brides. the dmv making millions of dollars from auctioning off unclaimed towed cars. according to cal matters, the dmv has collected $8 million from more than 5000 car sales from 2016 to 2024. the dmv does not notify owners of car sa

. >> drug maker novo nordisk says it's launching its own direct to consumer delivery option. f govi. it's going to offer the weight loss drug at a discounted low, low price of $499 a month to uninsured or eligible patients with insurance who do not have coverage for obesity medicine. and novo follows eli lilly. they launched their own direct to consumer pharmacy called lilly direct for zep pound last year. meanwhile, health care company hims and hers they offer compound versions of wegovy. those shares down on this news that's going to bring them more competition. >> sure. well up next, goldman sachs, the cio of public investing on the fed and what investors can expect from this friday's jobs report as we head to break. a look at the pre-market winners and losers in the s&p 500. squawk box will be right back. right back. >> after. (wind, rain and rolling thunder) (♪♪) nobody's born with grit. british anncr: rose is really struggling. it's something you build over time. american anncr: that's twenty-one missed cuts in a row. (car trunk slammed shut) for eighty-nine years, morga