
Benzinga Bulls And Bears: Eli Lilly, Firefly, Marvell — And Trump Investment Hints Boost Defense Stocks

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Benzinga reports on mixed market performance as the S&P 500 gained 1.9% in August despite a 0.6% dip on Friday. Key highlights include Eli Lilly's stock surge following positive trial results for a weight-loss pill, and Firefly's 31% jump due to an Nvidia partnership. Conversely, Marvell's stock fell 16% amid concerns over limited growth prospects. Investors are also watching upcoming inflation reports that may influence Fed rate cuts, while defense stocks rise amid potential Trump administration investments in major contractors.
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