A series of mega-blockbuster drugs are on the horizon. How to invest in the trend

A series of mega-blockbuster drugs are on the horizon.  How to invest in the trend

Biopharma companies are having more clinical success treating Alzheimer’s disease and obesity and are taking new approaches in oncology, and that’s creating more mega-blockbuster drugs, according to Bank of America. Analyst Geoff Meacham has identified 20 drugs that have the potential to generate $10 billion or more in annual sales by 2030 within the universe … Read more

Alzheimer’s drug shows promise in early results of study

Alzheimer’s drug shows promise in early results of study

Shares of Biogen and other drugmakers researching Alzheimer’s disease soared early Wednesday after Japan’s Eisai Co. said its potential treatment appeared to slow the fatal disease in a late-stage study. The drugmaker said early results showed that its treatment, lecanemab, reduced patient clinical decline by 27% when compared to a placebo or fake drug after … Read more

Market needs a break to rise, some possible buys

Market needs a break to rise, some possible buys

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 am ET. Here’s a recap of Monday’s key moments. The market needs a break to bottom Why Jim’s investing in the two-year Treasury Quick mentions: JNJ, LLY, AMZN, QCOM , DHR 1. The market needs a break to bottom … Read more

CVS to buy home health-care provider Signify for $8 billion

CVS to buy home health-care provider Signify for  billion

DALLAS — Drugstore operator CVS Health Corp. said Monday that it will buy home-health provider Signify Health for $8 billion. CVS said Signify has more than 10,000 employees including physicians and nurses, a presence in every state, and offers technology platforms. “This acquisition will enhance our connection to consumers in the home and enables providers … Read more

We’re making a buy in this down market but also a rare small sale – CNBC

We’re making a buy in this down market but also a rare small sale – CNBC

We’re making a buy in this down market but also a rare small saleCNBC (UBER) – Uber, Micron Are CNBC ‘Fast Money’ Mentions, And This Sector Is Call Of The DayBenzinga We’re adding to two stocks in an oversold market — it’s what our discipline mandatesCNBC Apple, Dollar General Are CNBC ‘Fast Money’ Mentions, With … Read more

How we’re positioning our portfolio heading into the worst month of the year – CNBC

How we’re positioning our portfolio heading into the worst month of the year – CNBC

How we’re positioning our portfolio heading into the worst month of the yearCNBC .

Judge blocks enforcement of Biden abortion guidance in Texas

Judge blocks enforcement of Biden abortion guidance in Texas

FILE – Demonstrators march and gather near the Texas state Capitol in Austin following the Supreme Court’s decision to overturn Roe v. Wade on June 24, 2022. A federal judge in Texas issued a ruling on Tuesday, Aug. 23, 2022, temporarily blocking the federal government from enforcing guidance against the state that requires hospitals to … Read more

Here are 5 stocks in our portfolio that can benefit from rising interest rates – CNBC

Here are 5 stocks in our portfolio that can benefit from rising interest rates – CNBC

Here are 5 stocks in our portfolio that can benefit from rising interest ratesCNBC .

Market jump after Fed hike is ‘trap,’ Morgan Stanley warns investors

Market jump after Fed hike is ‘trap,’ Morgan Stanley warns investors

Morgan Stanley is urging investors to resist putting their money to work in stocks despite the market’s post-Fed-decision jump. Mike Wilson, the firm’s chief US equity strategist and chief investment officer, said he believes Wall Street’s excitement over the idea that interest rate hikes may slow sooner than expected is premature and problematic. “The market … Read more

5 things to know before the stock market opens Friday, July 15

5 things to know before the stock market opens Friday, July 15

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, July 13, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day. 1. Stocks point to higher open Stock futures rose in premarket trading as investors digested the … Read more