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This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day:
1. No-tech November
2. Shot at affordability?
An Eli Lilly & Co. Zepbound injection pen, March 28, 2024. Bloomberg | Bloomberg | Getty Images
Eli Lilly is getting in on the price-cutting action this morning. The pharma company said it's lowering the cash cost of single-dose vials of weight-loss drug Zepbound on its direct-to-consumer platform. Beginning today, patients using cash and with a valid prescription can buy the drug for between $299 and $449 a month, depending on the dose, on the LillyDirect platform. That's down from the prior range of $349 to $499. Eli Lilly's move comes weeks after President Donald Trump signed deals with the company and its competitor Novo Nordisk to make their blockbuster weight-loss drugs more accessible and affordable.
3. Turkey with a side of popcorn
Disney's "Zootopia 2" follows detectives Judy Hopps and Nick Wilde find themselves on the twisting trail of a mysterious reptile who turns the mammal metropolis of Zootopia upside down. Disney
Hollywood has something to be thankful for. This year's Thanksgiving box office performance is poised to be one of the best in history. The holiday weekend brought in around $294 million, though that number won't be finalized until today to account for all of yesterday's sales. Still, CNBC's Sarah Whitten reports that this weekend will likely equate to the third or fourth best Thanksgiving period ever. Disney's "Zootopia 2" led the way, bringing in an estimated $156 million. Additionally, IMAX said it saw $40.8 million in global ticket sales over the five-day holiday weekend period. That's a new all-time high and marks a 70% increase from the record set last year.
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