Boxes of Ozempic and Wegovy made by Novo Nordisk at a pharmacy in London on March 8, 2024.Hollie Adams | ReutersNovo Nordisk on Monday said it has cut the direct-to-consumer prices of its blockbuster weight loss drug Wegovy and diabetes counterpart Ozempic, adding to efforts by the company and the Trump administration to make the treatments more accessible. The Danish drugmaker is lowering the price of the drugs for existing cash-paying patients to $349 per month from $499 per month. But Novo Nordisk said the cash-pay cost of the highest dose of Ozempic will remain $499 per month. Also on Monday, Novo…
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Barclays believes that Gap has what it takes to hedge against future potential tariff pressures, making the outlook for the Old Navy parent more constructive. The bank upgraded the clothing retailer to an overweight rating from equal weight. Analyst Adrienne Yih also hiked her price target to $30 per share from $19, which implies 24% upside from Friday’s close. Yih touted the disciplined leadership strategy under Gap CEO Richard Dickson and CFO Katrina O’Connell, which has helped elevate Gap’s brand and drive sustainable growth for the company. GAP YTD mountain GPS YTD chart “GAP’s strategy is focused on rebuilding long-term…
A Plane Boeing 777X performs during the Dubai Airshow, in Dubai, United Arab Emirates, November 14, 2021. Amr Alfiky | ReutersEmirates said Monday it has placed an order for 65 additional Boeing 777-9 aircraft, worth $38 billion at list prices, on the opening day of Dubai Airshow 2025.Emirates is Boeing’s largest customer in terms of wide-body jets, and today’s announcement takes the airline’s total orderbook with Boeing to 315 widebody aircraft.It marks “a massive long-term commitment to U.S. aerospace manufacturing, generating support for hundreds of thousands of high value manufacturing jobs in the U.S. over the life of the programmes,”…
Morgan Stanley is adopting a bearish stance on Dell . The bank double downgraded shares of the computer maker to underweight from overweight. Analyst Erik Woodring also slashed his price target to $110 from $144, which implies downside of 18% from Friday’s close. Woodring believes that margin pressures could compress Dell’s valuation from here. He highlighted that Dell is one of the hardware original equipment manufacturers that is most exposed to rising costs within the DRAM and NAND memory businesses, which should weigh on margins over the next 12-to-18 months. DELL YTD mountain DELL YTD chart “This is important as…
An Emirates airline Boeing 777 at Sydney’s International Airport on May 01, 2021 in Sydney, Australia.James D. Morgan | Getty Images News | Getty ImagesDubai-based airline Emirates said on Monday it was ordering another 65 Boeing 777-9 jets, cementing its position as the world’s biggest buyer of wide-body jets as the U.S. planemaker agreed to carry out a feasibility study for a larger version.Emirates valued the deal for Boeing’s largest in-production jet at $38 billion, though analysts say carriers typically win steep discounts for large transactions.The announcement at the opening of the Dubai Airshow brings Emirates’ orders for the 777X…
Jensen Huang attends a reception for the 2025 Queen Elizabeth Prize for Engineering, at St James’ Palace in London, Brirain, Nov. 5, 2025. Yui Mok | Via ReutersNvidia CEO Jensen Huang revealed in October that his company has $500 billion in orders, in 2025 and 2026 combined, for its chips that are at the heart of the AI boom.For a company that has seen its quarterly revenue grow nearly 600% over the past four years, Huang’s statement was a sign that Nvidia is confident of another year of strong — but slowing — growth for its next cycle of chips,…
A Swiss national flag on a ferry on Lake Geneva in Geneva, Switzerland, on Tuesday, Aug. 5, 2025. The Swiss president dashed to the US capital Tuesday in a last-minute attempt to prevent her American counterpart from imposing the highest tariff of any developed nation on Switzerland. Photographer: Andrew Kravchenko/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesSwitzerland’s fledgling trade deal with the U.S. is dividing opinion as government and business leaders welcome a “restart” for the country, while critics caution it amounts to a sellout to the White House.The trade deal, announced on Friday, saw duties on Swiss exports to the…
A SK Hynix Inc. 12-layer HBM3E memory chip displayed at the Semiconductor Exhibition in Seoul, South Korea. Bloomberg | Bloomberg | Getty ImagesChipmakers and analysts are warning of a memory chip shortage that could hit the consumer electronics and automotive industries next year, as companies prioritize massive demand from the artificial intelligence boom. In an earnings call on Friday, the CEO of Semiconductor Manufacturing International Corp, China’s largest contract chipmaker, reportedly said that fears of a memory chip shortage were prompting its customers to hold back orders for other types of chips used in their products.”People don’t dare place too many…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailJohn Blank, chief equity strategist at Zacks Investment Research, spoke about the outlook for bitcoin after the cryptocurrency slid to a six-month low, trading below $96,000 on Friday. Source link
Bangladesh’s army personnel stand guard around the International Crimes Tribunal in Dhaka, Bangladesh, on November 13, 2025.Nurphoto | Nurphoto | Getty ImagesA Bangladesh court sentenced ousted Prime Minister Sheikh Hasina to death on Monday, concluding a months-long trial that found her guilty of ordering a deadly crackdown on a student-led uprising last year. The ruling is the most dramatic legal action against a former Bangladeshi leader since independence in 1971 and comes months ahead of parliamentary elections expected to be held in early February. Hasina’s Awami League party has been barred from contesting and it is feared that Monday’s verdict…
