Hims & Hers Stock Plummets as Novo Nordisk Ends Wegovy Partnership Over Safety Concerns Hims & Hers Health Inc. (HIMS) saw its shares crash nearly 30% on Monday after Novo Nordisk, the pharmaceutical giant behind the popular weight-loss drug Wegovy, abruptly terminated its partnership with the telehealth company. In a statement, Novo Nordisk cited concerns…
Gold Holds Steady Below $3400 as Silver Slips Ahead of Fed Decision Gold prices remained steady just under the $3400 mark on Wednesday, as investors awaited the U.S. Federal Reserve’s latest interest rate announcement and economic projections. Meanwhile, silver-backed exchange-traded funds (ETFs) saw a slight decline, with silver prices retreating below $37 per ounce after…
Nintendo’s Switch 2 Sparks Massive $39 Billion Stock Rally Key Highlights: Nintendo’s Switch 2 has ignited a global frenzy, sending the company’s stock to record highs and fueling one of the biggest tech rallies of the year. Fans lined up across cities from Tokyo to New York, reminiscent of the buzz seen during early iPhone…
Eight Black Shuttle Company Issues Apology and Refund Plan for Unused Vouchers Eight Black, the Boulder County-based airport shuttle company, has issued an official statement addressing customer concerns following the recent closure of its shuttle service. The company has announced that it will be offering full refunds for all unused vouchers and has outlined steps…
Eli Lilly to Acquire Crispr Gene-Editing Biotech Verve in $1.3 Billion Deal Eli Lilly, the world’s most valuable pharmaceutical company, has announced a deal to acquire Verve Therapeutics, a pioneering biotech company focused on gene-editing therapies, for up to $1.3 billion. The move is part of Lilly’s ongoing strategy to expand its pipeline of experimental…
JPMorgan Chase is rolling out a major update to its flagship Sapphire Reserve credit card, aiming to retain high-income customers with an expanded suite of premium perks—despite raising the annual fee to $795. The bank announced on Tuesday that the revamped Sapphire Reserve will officially launch on Monday and will feature over $2,700 in potential…
AMD Eyes AI Inference Breakthrough as Investor Confidence Soars Advanced Micro Devices (NASDAQ: AMD) is facing a major challenge: proving it can capture meaningful market share from Nvidia, the dominant force in the AI and GPU space. Despite the uphill battle, sentiment is shifting in AMD’s favor. The company’s stock has surged nearly 50% since…
Luxury Credit Card Face-Off: Amex and JPMorgan Prepare Major Card Revamps The long-standing rivalry between two of the nation’s top premium credit card issuers — JPMorgan Chase and American Express — is intensifying once again. Last week, JPMorgan Chase announced that a refreshed version of its popular Sapphire Reserve card is on the horizon. First…
Chipotle Celebrates Friday the 13th with Flash Tattoos and BOGO Deal Inspired by Fan Memes NEWPORT BEACH, Calif., June 11, 2025 /PRNewswire/ — Chipotle Mexican Grill (NYSE: CMG) is turning up the ink for Friday the 13th with a limited-edition release of 13 temporary flash tattoos inspired by the brand’s most iconic elements—and the internet-famous…
Oracle (ORCL)Oracle shares surged 7.5% in premarket trading Thursday after the cloud infrastructure giant posted better-than-expected Q4 results. Revenue came in at $15.9 billion, surpassing forecasts of $15.59 billion, while adjusted EPS of $1.70 beat expectations of $1.64. Although cloud segment sales missed estimates, Oracle projected “dramatically higher” cloud revenue by 2026. Pat Walravens of…
WASHINGTON (AP) — U.S. inflation edged up in May, with the Consumer Price Index (CPI) inflation report showing a 2.4% annual increase — slightly higher than April’s 2.3%. The CPI data release from the Labor Department also revealed that core inflation, which excludes food and energy, remained steady at 2.8% for the third straight month….
NEW YORK/SINGAPORE, June 11 (Reuters) —U.S. Treasury Secretary Scott Bessent departed London on Tuesday after two days of high-stakes trade talks between the U.S. and China, leaving investors cautiously optimistic but still grappling with uncertainty. While both sides pledged to revive last month’s Geneva agreement and lift China’s export restrictions on rare earths, details remain…
