Bloomberg Money Minute: Kimmel Returns, Market Records, and Pfizer's Obesity Pill Acquisition

Jimmy Kimmel Live Returns

• 📺 Disney's ABC network is ending the suspension of Jimmy Kimmel Live after just one week.
• ⚠️ The decision follows an uproar from station owners regarding controversial remarks the host made about the White House.

Wall Street Records and AI Investment

• 📈 The Dow, NASDAQ, and S&P 500 all closed at fresh record highs to start the week.
• 💡 This rally was significantly boosted by NVIDIA's $10 billion investment in AI company OpenAI, reviving investor interest in AI-related stocks.
• 🚀 NVIDIA shares saw a 4% increase, contributing to the market's upward momentum.

Pfizer's New Obesity Drug Venture

• 💊 Pfizer is re-entering the weight loss drug market by acquiring the startup Messara for nearly $5 billion.
• 💰 Messara is known for developing an obesity pill, marking Pfizer's renewed focus in this lucrative area after previously abandoning its own efforts due to safety concerns.