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Healthy Returns: Chinese obesity drug emerges as a potential rival to Eli Lilly’s Zepbound
The success of a new obesity medication in China could challenge existing market leaders, potentially shifting investment dynamics within the pharmaceutical sector and impacting fu...
Read Full Article →Why Jim Cramer is ready to sell more of the portfolio's sole oil and nat gas stock
Jim Cramer's decision to reduce holdings in the portfolio's only energy company highlights a strategic shift that could impact the overall investment balance and future financial r...
Read Full Article →Peter Thiel just bought a big stake in Tom Lee's ether company and the shares are surging
Peter Thiel’s recent investment in Bitmine Immersion Technologies, which has adopted a new ether acquisition approach under Tom Lee’s leadership, has contributed to a notable incre...
Read Full Article →Nvidia CEO Jensen Huang sells another $37 million worth of stock
The recent sale of Nvidia shares by CEO Jensen Huang adds to his substantial stock divestment this year, reflecting ongoing changes in his investment portfolio and potential market...
Read Full Article →Wholesale inflation measure was unchanged in June
The producer price index remaining steady in June, contrary to the anticipated rise, may influence market expectations regarding inflation trends and subsequent monetary policy dec...
Read Full Article →The ‘lock-in effect’ is making it harder to buy a home—even if mortgage rates fall
Many current homeowners are reluctant to sell regardless of interest rate changes, which limits housing inventory and presents challenges for prospective buyers seeking to enter th...
Read Full Article →As media reckons with strategic shifts, a new crop of leaders is coming into play
The growing influence of executives experienced in finance and mergers is transforming the media industry's economic strategies and investment priorities, signaling notable changes...
Read Full Article →Nvidia CEO Jensen Huang wants to sell more advanced chips to China after H20 ban is lifted
Nvidia’s potential to increase chip sales in China could significantly impact the company’s revenue and market position following the recent regulatory approval for the H20 product...
Read Full Article →Goldman Sachs tops estimates as traders generate $840 million more revenue than expected
Goldman Sachs exceeded financial projections by generating significantly higher revenue, reflecting increased market volatility influenced by recent tariff policies affecting vario...
Read Full Article →Weekly mortgage demand plummets 10%, as rates and economic concerns rise
Lenders experienced a notable decrease in loan applications this week, reflecting growing unease among buyers and investors due to rising borrowing costs and broader economic uncer...
Read Full Article →Crypto bounces on renewed optimism House could pass key stablecoin legislation this week
Market participants reacted positively as prospects for upcoming stablecoin regulations increased, highlighting potential impacts on digital asset valuation despite earlier setback...
Read Full Article →Bank of America puts up mixed results as net interest income misses analysts' expectations
Bank of America's latest quarter showed varied outcomes, with earnings per share surpassing forecasts while overall revenue and core interest income fell short of what analysts had...
Read Full Article →Morgan Stanley earnings top estimates on increased trading revenue
Morgan Stanley reported better-than-expected profits driven by a rise in client transactions, particularly reflecting improved results in the equities trading segment.
Read Full Article →Why defensive names and bitcoin could be solid plays over the next six months
As earnings season begins, experts suggest that traditionally stable sectors alongside digital currencies may offer meaningful opportunities for portfolio resilience and potential...
Read Full Article →Renault shares plunge 17% after French carmaker lowers guidance, appoints new interim CEO
The adjustment to Renault’s future financial expectations and leadership changes led to a notable decline in market value, reflecting investor concerns about the company’s performa...
Read Full Article →UK inflation hits hotter-than-expected 3.6% in June
The higher-than-forecast increase in the UK’s consumer prices may influence monetary policy decisions and affect household spending power in the upcoming months.
Read Full Article →Chip giant ASML says it can't confirm that it will grow in 2026
Despite surpassing expectations in the second quarter and showing strong net bookings, ASML remains uncertain about its ability to achieve revenue growth in the year 2026.
Read Full Article →Chinese toymaker Pop Mart's shares slide despite strong earnings forecast
Although Pop Mart anticipates robust earnings, its stock experienced a decline, reflecting market caution amid expectations that the company will continue to be a leading player in...
Read Full Article →Central banks are increasingly buying gold from local mines as prices surge
Many monetary authorities are acquiring gold sourced from national mining operations to diversify their assets and strengthen financial stability amid rising market values.
Read Full Article →Jim Cramer reviews some of the 'terrifying' ups and downs of earnings season
Earnings reports often lead to unpredictable market movements, posing challenges for investors trying to navigate financial performance and make informed decisions during this crit...
Read Full Article →Trump-backed crypto regulation bills fail to clear key hurdle in Congress
The setback of cryptocurrency regulation proposals in a congressional vote highlights ongoing divisions among lawmakers regarding the framework, potentially delaying changes that c...
Read Full Article →Westinghouse plans to build 10 large nuclear reactors in U.S., interim CEO tells Trump
Westinghouse's initiative to construct multiple advanced nuclear reactors in the United States represents a substantial investment that could influence the country’s energy infrast...
Read Full Article →GM expands production of gas-powered SUV, trucks in Michigan
General Motors' decision to increase manufacturing of popular SUVs and trucks in Michigan is expected to impact regional employment and supply chains, potentially influencing the c...
Read Full Article →Amazon turns to rival SpaceX to launch next batch of Kuiper internet satellites
Amazon's collaboration with SpaceX for satellite deployment represents a strategic investment aimed at accelerating its internet network development to compete with the well-establ...
Read Full Article →Trump administration ends Polymarket investigations without charges
The conclusion of the investigations without any charges allows Polymarket to avoid potential financial penalties and disruption, providing greater stability for the company’s ongo...
Read Full Article →BlackRock falls more than 5% on mixed earnings — why we'd look to buy Wednesday
Despite a recent decline in share value due to varied quarterly results, the company’s outlook suggests potential growth and investment opportunities in the latter half of 2025.
Read Full Article →Trump says Indonesia trade deal features 19% tariff; Jakarta yet to confirm
The proposed trade agreement between the United States and Indonesia reportedly involves a 19 percent tariff, which could impact bilateral trade dynamics and influence economic rel...
Read Full Article →Former OpenAI CTO Mira Murati raises $2 billion for new AI startup Thinking Machines Lab
Mira Murati’s new AI venture secured a substantial investment of $2 billion, highlighting significant confidence from investors in the company’s potential within the rapidly evolvi...
Read Full Article →Citigroup beats second-quarter estimates as markets and banking revenues jump
Citigroup's stronger-than-expected quarterly performance reflects increased trading activity and banking income, contributing to the company's notable stock growth compared to the...
Read Full Article →Joby Aviation says it is doubling production at its air taxi manufacturing hub
Increasing output at its main facility allows the eVTOL company to meet growing demand and potentially enhance revenue streams as it prepares to introduce its air taxi services in...
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