CNBC Business News Update - Market Open: Stocks Mixed, Profit-Taking Advice From An Expert, Novo Nordisk Offers "Introductory" Weight Loss Drug Price 11/17/25

Episode Date: November 17, 2025

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I'm Jessica Eddinger, CNBC. Wall Street is mixed now to start this new week of trading. The Dow is down nine points. The S&P 500 index up two points. The NASDAQ is up 43 points this morning. Shares of Nvidia are down more than 1%. Listen, we may wobble the year end. You know, I do think there's some worry about if the Fed is going to go or not.

I think they should do 25. But, you know, choppiness is likely to be the order of the day. But, you know, as I say, AI is a revolution that could bring about economies of scale that far exceed what we saw from the development of the Internet. That's Wharton Professor Jeremy Siegel on CNBC. Slate Stone's Aaron Gibbs tells CNBC, if you own a lot of tech stocks, evaluate and maybe take some profits. As you're coming to the year end and you're talking with your financial advisor, take some of some of those profits. Maybe it might be time to reallocate, lighten up on some of those tech names as you go into 2026,

because there are real concerns out there. Novo Nordisk with new pricing for weight loss drug Wagovi and diabetes drug, Ozempic. Interductory doses of Novo Nordist drugs will be available for $199 per month. That price increases the $349 per month after the first. two months. Novo said the move will also help bring back customers who switch to compounded versions during shortages. At CNBC's Joe Kernan, patients using the competitor, Eli Lilly's Zepbound for weight loss, are paying $350 a month for the starter dose, and then $500 a month for higher doses. Alphabet shares were higher on news that Warren Buffett's Berkshire Hathaway

has a position in the parent company of Google and YouTube. Netflix opened this morning at about $111 a share the new $10 for one post-split price. It's more affordable for regular people rather than the $1,110 a share before the split. Jeep is working on a U.S. comeback after six years of sales declines. The Stilantis brand has just revealed its fourth new vehicle in four months. This one is the Jeep recon, a Wrangler-inspired, all-electric SUV. Boeing just got a huge plane order from the Dubai Air Show, Emirates betting big with a $38 billion commitment for more than 300 wide-body aircraft. The Trump administration, meantime, quietly withdrew a rule that was proposed under former President Joe Biden that would have required airlines to pay passengers up to $800

in cash compensation for significant flight disruptions. Airlines in Europe already compensate passengers, but the rule for the U.S. has now disappeared. It was never for formalized. Big retail names reporting quarterly results this week, and they include Walmart, Target, and Home Depot, as they get ready for the holiday rush with Thanksgiving and Black Friday next week. Lions Gates, Now You See Me Three, was number one at the weekend box office, beating Paramounts, The Running Man. Jessica Eddinger, CNBC. CNBC Podcasts. All your shows on the go. Ready when you are. Listen to CNBC wherever you get. at your podcasts.