how about regeneron? after declining nearly 4% today, it sits at 690. wow. the issue, it's this franchise being challenged by a biosimilar. it's just a generic drug. that's all wall street cares about. doesn't matter if it's working on 40 compounds. doesn't matter their breakthrough drug is indicated for seven illnesses. this company has never lost its ability to develop new medicine. including the one that saved president-elect trump's life when he caught covid. for now, none of that seems to matter. one day it will. i can't believe abbott labs has a series of lawsuits over its head. i think abbott will win the baby formula cases. what. >> the stock do? it languishes. yesterday, we had the ceo of metronic on. he told a story about the new products that nobody seemed to care about. today, when the stock was one of the best performers in the s&p 500, i remember what he said yesterday. things are darn good. stocks go in and out of style. you know that. i have talked to about that. right now, health care is in a dog house, the likes of which i have never seen.

jim is chatting with ceos of merck, cardinal health and regeneron. >>> coming up, boeing deliveries. the drop in those numbers with the widening rivals. >>> plus, the quantum leap. the group bouncing back to start the new year. will the energy continue for these new names. or is the computing revolution still change? when "fast money" returns. >> this is fast money, with melissa lee. right here on cnbc. ruri: ichi, ni, san, shi... (1,2,3,4 . . ) ruri: ichi, ni, san, shi... (1,2,3,4 . . ) hina: ichi, ni, san, shi... (1,2,3,4 . . ) akari: ichi, ni, san, shi... (1,2,3,4 . . ) others: ichi, ni, san, shi... (1,2,3,4 . . ) others: ichi, ni, san, shi... (1,2,3,4 . . ) (♪♪) (♪♪) you were made to chase your passions. we were made to put them in a package. z's bakery is looking to add a pizza oven, arissa's hair salon wants to expand their space, and steve's t-shirt shop wants to bring on more help. with the comcast business 5-year price lock guarantee, they can think more about possibilities for their business and not the cost of their internet. it's five years of gig-speeds and advanced secu

regeneron. biogen. moderna down a hideous 75%. remember when they were strong? heinous now. hormel, great company, down 17%. smucker's, conagra. hershey, kraft hines, all below 20s. that's incredible. higher rates, stronger dollar. let's throw in the glp-1 weight loss drugs, too. we know these companies have anything to do with their weakness but that cornell business school study i referenced last week, it talked about a 6% decline for people who take the drugs. processed foods are designed in part to be craved. but when you're getting these glp-1 injections, you crave nothing. maybe the sales decline is just beginning. real estate. wasteland. just today, we saw federal realtor chopping centers get crushed. two of the worst stocks in the s&p. these companies are linked by interest rates and a spike in long rates has all hurt them but the actual businesses are terrific. it doesn't matter to the stocks though. what matters is interest rates. hey, listen. as bad as those are, the things i said about rates, the bear has really roared back. housing stocks, lennar. toll has gone