Markets faded an early rally following the PPI report but three indices still closed higher. Nvidia (NVDA) initially opened higher but slipped off potential Blackwell delays and long-term concerns from Citi. Eli Lilly (LLY) shed some stock weight after reporting underwhelming Mounjaro and Zepbound sales. Meta Platforms (META) will cut some of its workforce to increase productivity. Caroline Woods looks into the trading day's biggest stories.
14 Jan 2025
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