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Eli Lilly stock drops 2% as traders eye China approval and a late-day CFO readout

Eli Lilly stock drops 2% as traders eye China approval and a late-day CFO readout

Eli Lilly shares fell 2.3% to $1,028.07 Monday as health stocks lagged, despite the S&P 500 edging higher. Innovent Biologics won Chinese approval for Jaypirca, a Lilly-partnered cancer drug, after late-stage trial results. Investors remain focused on Lilly’s obesity drug pipeline and upcoming FDA decisions, with orforglipron inventory reaching $1.5 billion ahead of a possible U.S. launch.
2 March 2026
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Stock Market Today

  • Top 5 Big Data Stocks to Watch as Wall Street Advances
    May 20, 2026, 9:35 AM EDT. Big Data companies process and analyze vast diverse datasets, fueling tech growth on Wall Street. Key players include Cisco Systems (CSCO), Salesforce (CRM), Palantir (PLTR), Cloudflare (NET), and Datadog (DDOG), all rated Zacks Rank #2 (Buy). Cisco leads with record revenues driven by strong AI-driven data center orders, projecting a 4.5x rise in AI infrastructure sales by fiscal 2026 while cutting 4,000 jobs to focus on AI and security. Salesforce accelerates investments in generative AI with its Einstein GPT platform and a venture fund targeting AI innovation, especially in Europe. These stocks exemplify the sector's growth potential amid the ongoing tech rally.

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