(https://www.cnbc.com/2026/08/18/hims-hers-ceo-andrew-dudum-ftc-lawsuit-glp-1s-ai.html)—but that's defensive noise. The real story is structural healthcare margin pressure across the sector. UNH posted a net margin; CVS generated on revenue growth—respectable top-line momentum but insufficient to offset cost inflation in pharmacy and primary care networks.

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