Diamonds and Dogs


Pfizer (PFE) jumps on drug data. Pfizer is up 4 %as their diabetes drug resulted in weight loss similar to that of Novo Nordisk's Ozempic in a mid-stage study testing it in patients with type 2 diabetes, according to data published in a medical journal. The weight-loss treatment market is estimated to reach $100 billion by the end of the decade.

Micron (MU) lower on news out of China. Micron Technology is down 3% as China's cyberspace regulator said that Micron's products failed to pass a cybersecurity review in the country. Beijing warned operators of key infrastructure against buying the company's goods. The e US Commerce Department said Beijing's conclusion had "no basis in fact" and was more of political move.

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