Market update for Monday February 23, 2026

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In today’s episode:

• Trump’s slaps 15% tariffs after Supreme Court ruling
• DOJ probes Netflix, James Cameron pushes back on $72B Warner Bros. deal
• Novo Nordisk falls further behind Eli Lilly in the GLP-1 obesity drug race as new trial data disappoints
• Domino’s beats on U.S. sales as value deals win over consumers
• Gilead buys cancer biotech Arcellx for $7.8B
• Fun Fact: Olympic gold medals only have 6g of gold