Diamonds and Dogs

1/8/25

Healthcare space having a good day. Eli Lilly (LLY) rose 2% as Medicare will cover their popular weight loss drug, Zepbound for apnea. Truist upgraded the stock with a $1029 price target. Medical device makers, Boston Scientific (BSX) and Medtronic (MDT) were up 4% and 3% respectively. Boston Scientific made a small acquisition today.

Palantir (PLTR) in correction territory. The AI defense and software firm fell 2% today and is down three straight days in a 15% correction from the highs set in December. Last year, Palantir skyrocketed 340% with a lot of the gains coming after the Presidential election as management has close tied to Trump.

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