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Eli Lilly reached a $1 trillion market capitalization on Friday, the first health-care company in the world to join the exclusive club dominated by tech firms. The drugmaker’s stock inched about 1% higher Monday, trading above the $1 trillion threshold. Eli Lilly is the second nontechnology company to reach that market cap milestone in the U.S. after Warren Buffett’s Berkshire Hathaway . The company’s rise came as shares of its chief rival in the GLP-1 drug space, Novo Nordisk , tumbled about 6% in U.S. trading Monday. While Novo Nordisk’s stock fell after disappointing Alzheimer’s trial results, the drugmaker’s market...

Spotify’s market cap increased by billions of dollars on Monday, following a controversial week that has seen the streaming platform at the center of a culture war between the folk-rock star Neil Young and leading podcast host Joe Rogan over allegations that the latter has used his platform to spread misinformation concerning the CCP virus.The incident began last week, when Young issued an ultimatum to Spotify demanding they censor The Joe Rogan Experience, lest Young remove his music from the platform altogether.“I am doing this because Spotify is spreading fake information about vaccines—potentially causing death to those who believe the...

Note: WSJ is pay-walled, meaning you need to subscribe to read the complete article. However, this ought to give you the gist of it... Microsoft's value is returning to tech-bubble peaks. The software giant closed with a market value of $600 billion Thursday for the first time since January 2000, according to the Journal's Market Data Group. Shares rose 0.4 percent to $77.91, setting a fresh all-time high. For the year, Microsoft shares are up 25% and on track for their best year since 2013, as the firm continues its rebirth as a force in cloud-computing. The firm is the...

Robert Kahre is facing up to 296 years in prison. His crime? He hired workers on mutually-agreed terms, and paid them in gold and silver dollars rather than in Federal Reserve dollars.