Market Rally Aims for Cloud Nine, Bronfman's Paramount Bid, Eli Lilly CEO on Weight-Loss Drug 8/20/24
Carl Quintanilla and Jim Cramer led off the show by delving into the broadening market rally, as the S&P 500 and Nasdaq aim for a ninth consecutive day of gains. David Faber called into the show with reporting on Edgar Bronfman's bid to acquire Paramount Global. Eli Lilly CEO David Ricks joined the program "First on CNBC"\xa0 to discuss the pharma giant\u2019s weight-loss drug: The company says it cut diabetes risk by 94% in a late-stage trial. Also in focus: Nvidia and the "Mag 7" post-selloff surge, earnings from\xa0the likes of Lowe's and Palo Alto Networks, another setback for Boeing, the Alaska Air-Hawaiian Airlines merger clears an antitrust hurdle.\n\n\n\nSquawk on the Street Disclaimer