The ‘Fast Money’ traders talk Apple having its worst trading day since October. Source link
Author: usaeverydaylife
An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023.Brendan McDermid | ReutersEli Lilly has asked to join in opposing a lawsuit brought by compounding pharmacies against the U.S. Food and Drug Administration over the agency’s decision that Lilly’s blockbuster weight-loss and diabetes drugs are no longer in short supply.In a motion filed in Fort Worth, Texas federal court late on Wednesday, Lilly said it could not rely on the FDA to fully defend its interests in the case, which will determine whether compounding pharmacies and facilities can keep selling cheaper…
Aeromexico was the most punctual global airline in 2024, according to a report published by aviation analytics company Cirium.Some 86.7% of its tracked flights arrived “on-time,” defined as arriving within 15 minutes of scheduled arrival times.This result was “absolutely” a surprise, Cirium CEO Jeremy Bowen told “Squawk Box Asia” Friday.”They’ve had a remarkable year,” he said. “They’ve increased their on-time performance … by a whopping 9%. To go from from outside the top 10 to No. 1 is quite unprecedented.”Bowen said Aeromexico’s ascent is owing to the company culture, investment in new equipment, and relationship with its hub at Mexico…
Indianapolis Colts quarterback Anthony Richardson revealed Wednesday that he’s been dealing with a lower back issue that “might be chronic.”The second-year pro was ruled out for last week’s game against the New York Giants due to back and foot injuries, though it’s his back that’s the main problem. Richardson recently underwent an MRI that he said revealed a “disc thing,” and his status for the Colts’ regular-season finale against the Jaguars remains in question.Colts coach Shane Steichen initially said last week that Richardson was “really sore” before adding after the Giants loss that Richardson was dealing with back spasms. Richardson…
The Sydney Opera House Sydney, New South Wales, Australia.Gallo Images | Brand X Pictures | Getty ImagesAsia-Pacific markets opened higher Friday, breaking ranks with Wall Street peers that ended lower on the first trading session of 2025, weighed down by tech stocks.The People’s Bank of China is reportedly planning to cut interest rates “at an appropriate time” this year, the Financial Times reported citing comments from the central bank. The country’s 7-day reverse repo rate is currently set at 1.5%.Separately, China’s commerce ministry plans to impose export restrictions on certain technology used to make battery components and for processing critical…
The ‘Fast Money’ traders talk how to play two sliding stocks: Nike and Boeing. Source link
A police officer escorts Terraform Labs co-founder Do Kwon after he served a sentence for document forgery in Podgorica, Montenegro, March 23, 2024. Stevo Vasiljevic | ReutersDo Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded not guilty on Thursday to U.S. criminal fraud charges, after being extradited from Montenegro this week.Federal prosecutors in Manhattan charged Kwon, who co-founded Singapore-based Terraform Labs and developed the TerraUSD and Luna currencies, in March 2023 with two counts each of securities fraud, wire fraud, commodities fraud and conspiracy.An updated 79-page indictment filed on Thursday added a count of money laundering conspiracy.Kwon, 33,entered his plea…
Washington Commanders quarterback Jayden Daniels, Minnesota Vikings quarterback Sam Darnold and Las Vegas Raiders tight end Brock Bowers headline the list of first timers for the 2025 Pro Bowl Games, which the league announced Thursday.The Baltimore Ravens lead all teams with nine Pro Bowl selections, while the Detroit Lions (seven players), Minnesota Vikings (six), Philadelphia Eagles (six), Dallas Cowboys (five) and Kansas City Chiefs (five) each placing at least five players on the roster.The four teams without anyone making the Pro Bowl’s initial roster are the New York Jets, Miami Dolphins, New Orleans Saints and Tennessee Titans.While he hasn’t participated…
The Sydney Opera House Sydney, New South Wales, Australia.Gallo Images | Brand X Pictures | Getty ImagesAsia-Pacific markets opened higher Friday, as U.S. stocks ended lower on the first trading session of 2025, weighed down by tech stocks.The People’s Bank of China is reportedly planning to cut interest rates “at an appropriate time” this year, the Financial Times reported citing comments from the central bank. The country’s 7-day reverse repo rate is currently set at 1.5%.Separately, China’s commerce ministry plans to impose export restrictions on certain technology used to make battery components and for processing critical minerals like lithium and…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
