Stock Market Winners & Losers: S&P 500 Slips from Yesterday’s Record Close | Amazon to Help Deliver Weight Loss Drug
Loser: S&P 500 slips from yesterday’s record close
The S&P 500 dipped as Nvidia's rapid rally slowed down, with the tech sector being the only decliner. Tomorrow, market focus turns to PPI and retail sales data. Meanwhile, the House approved a bill by a vote of 352-65 that could potentially result in a TikTok ban, now awaiting Senate review. President Joe Biden's official TikTok account, created in February, may be at risk.
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Americans spend more on streaming each month than they are on gas. $119.76 a month on streaming video service versus $112.11 per month they spend on gas.
Winner:Amazon to help deliver weight loss drug
Eli Lilly announced that Amazon Pharmacy will deliver certain prescription drugs, including the popular weight loss treatment Zepbound, directly to patients' homes. Patients can now consult with their doctor or Amazon's telehealth service, One Medical, for prescriptions, eliminating the need for in-person visits. This move improves customer experience by bypassing doctor's office visits and long waits at pharmacies. Amazon Pharmacy also provides 24/7 access to clinical pharmacists. Additionally, telehealth consultations now cover prescriptions for medications like generic Viagra (for erectile dysfunction) and Propecia (for male pattern baldness).
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