Flags with the logos of Danish drugmaker Novo Nordisk, maker of the blockbuster diabetes and weight-loss treatments Ozempic and Wegovy are pictures while the company presents the annual report at Novo Nordisk in Bagsvaerd, Denmark, on February 5, 2025. Mads Claus Rasmussen | Afp | Getty ImagesCopenhagen, DENMARK — Obesity drug giant Novo Nordisk said Thursday that the rampant growth of the U.S.’ compounded drug industry was hurting Wegovy sales, and warned it was considering legal action against companies it believes to be violating its intellectual property.U.S. compounding pharmacies have been allowed to make legal copies of Novo’s Wegovy and diabetes…
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Shares of Prudential Financial (PRU) have been in a consistent downtrend phase for the last three months, bringing the stock down from a peak around $128 in November 2024 to a low earlier this month around $105. A recent bounce has brought PRU back up to test a confluence of resistance, suggesting an impending breakout could lead to much further gains for this insurance name. A trendline formed from the November 2024 and January 2025 swing highs lines up remarkably well with this week’s price action, currently sitting just above the $115 level. We can also see that Wednesday’s rally…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyYossi Levi, Car Dealership Guy Founder & CEO, joins ‘Fast Money’ to talk how auto tariffs will impact the used car market.05:147 minutes ago Source link
Jaque Silva | Nurphoto | Getty ImagesShares of AppLovin sank 20% on Thursday, their steepest drop on record, as another short-selling firm raised concerns about the company’s digital ad technology and claimed that it’s violating app store rules.AppLovin tumbled $65.92 to close at $261.70. The stock soared more than 700% last year, the biggest gain among U.S. tech companies, due to enthusiasm surrounding AppLovin’s artificial intelligence technology and the growth it was spurring in its ad business. But Muddy Waters Research on Thursday became the third short-selling firm to publish a report meant to raise significant investor skepticism. The stock…
The Athletic has live coverage of the Men’s Sweet 16 NCAA Tournament gamesSAN FRANCISCO — It’s fitting, given the building they’re going to play in on Thursday, that Maryland coach Kevin Willard would compare Florida guard Walter Clayton Jr. to a certain 11-time NBA All-Star.“He reminds me of Steph a little bit of how good he is off the dribble,” Willard said.That would be Steph Curry, the man widely considered the greatest shooter in NBA history. Photos of Curry adorn almost every wall throughout the Chase Center, many of them with him holding up one of the four championship trophies…
As in many places around the world, Tesla sales in Canada have been falling for months, an apparent reaction to Elon Musk’s outsize role in the Trump administration and his repeated denigration of Canadian sovereignty.Yet somehow, four Tesla- owned dealerships reported to the Canadian government that they sold an astonishing 8,653 cars during a single weekend in January — enough to qualify for 43 million Canadian dollars’ (about $30 million) worth of government subsidies under a program just before it expired.Now the Canadian government wants to know exactly how the electric carmaker managed to move two cars a minute off…
Lululemon store in Manhattan, New York City, U.S., on July 15, 2024.Beata Zawrzel | Nurphoto | Getty ImagesLululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts.Shares of the apparel company fell over 6% in extended trading.Here’s how the company did compared with what Wall Street was expecting for the quarter ended Feb. 2, based on a survey of analysts by LSEG:Earnings per share: $6.14 vs. $5.85 expectedRevenue: $3.61 billion vs. $3.57 billion expectedFourth-quarter revenue rose from $3.21 billion during the same period in 2023. Full-year 2024 revenue came in at $10.59 billion, up from…
Nvidia has lost some of its luster as a market leader, but other big name stocks are now outperforming the semiconductor giant and could have further upside. Shares of Nvidia, the chipmaker that drove the market higher in 2023 and 2024, have struggled over the past three months, falling more than 8% in six months. Victoria Greene, the chief investment officer of G Squared Private Wealth, joined CNBC’s ” Power Lunch ” on Thursday to discuss three stocks she likes that have outperformed Nvidia over that same period. Walmart One stock that is in a recent slump, but still outperforming…
Tradeswomen with Kina McAfee (first row, bottom right)Chicago Women in TradesPresident Donald Trump’s executive orders restricting and repealing diversity, equity and inclusion policies bring a rash of uncertainties about what lies ahead for women and other minority groups in the workforce.These changes create a particularly fraught environment for women in skilled trades — occupations such as construction, welding and carpentry.Skilled trades offer competitive salaries and benefits, especially so for those without a college education, but they have some of the smallest shares of female workers among all occupations in the U.S., according to a government survey. The Institute for Women’s Policy Research, which…
If your last name is McLoughlin, a unique opportunity awaits you on a remote island in Ireland.The McLoughlin’s Bar, located on Achill Island, was first established in 1870. The same family has run the 155-year-old pub for four generations, and its current owner, Joseph “Josie” McLoughlin and his partner, Jackie, are officially retiring. Now they’re looking for another McLoughlin to takeover.”I have no one to leave the pub to, and I’d resigned myself to looking for a buyer outside the family and seeing my name being lost to history. That would just break my heart. The name McLoughlin is woven…
