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Weight Loss Drugmakers Hit with Antitrust Lawsuit, Trump’s Plan Brings Down Energy Stocks

Weight Loss Drugmakers Hit with Antitrust Lawsuit, Trump’s Plan Brings Down Energy Stocks

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Market update for January 16, 2026

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In Today’s Episode:

  • Zaid quoted in the WSJ: “he just has aura”
  • Eli Lilly and Novo Nordisk hit with antitrust lawsuit
  • Netflix expands its Sony Pictures deal and pushes further into video podcasts
  • Energy stocks slide after the White House unveils a plan to stop power bills from going up
  • Fun fact of the day: Wall Street banks posted a record $134 billion in trading revenue (while still cutting thousands of jobs)
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