No BS Just Facts logo
No BS Just Facts
It might be boring, but it's just the facts.

← All stories · business

CNBC

Lilly taps obesity windfall for more M&A. Plus, Elon Musk remarks pull GE Vernova lower

Monday, August 31, 2026


Eli Lilly announced plans to use revenue gains from its obesity drugs to fund additional mergers and acquisitions. The company's weight-loss medications have generated significant sales growth. Separately, shares of GE Vernova declined following remarks by Elon Musk. Musk's specific comments and their connection to GE Vernova were not detailed in the available text.

Original reporting: https://www.cnbc.com/2026/08/31/lilly-taps-obesity-windfall-for-more-ma-plus-elon-musk-remarks-pull-ge-vernova-lower.html

Next story

‘Backwards and poor’: Trump issues dire warning to communities blocking critical technology