Articles

Sarepta’s stock plummets as disappointing trial data raise questions on DMD drug’s success

Sarepta’s stock sank after studies of Duchenne muscular dystrophy treatments failed their primary endpoints.

Novo Nordisk’s Wegovy could soon have a new sales outlet in the U.S.

Telehealth company Hims & Hers says it is in “active discussions” with Novo Nordisk about selling Wegovy.

Starbucks to sell control of China business to private equity. Here’s how much the stake is worth.

The U.S. coffee-shop chain is forming a joint venture with Boyu Capital, with Boyu holding 60% interest in the company’s retail operations in China. Starbucks will retain the other 40% and continue to own and license the Starbucks brand and intellectual property in the new entity.

This chart shows the risk of an AI bubble is growing, says a stalwart stock-market bull

The largest companies have seen their weighting in the S&P 500 rise more quickly than their share of total earnings

This media and internet company says Google’s AI has been a revenue killer

IAC’s media brands include instantly recognizable names such as People magazine, and its advertising side got hurt in part because of Google AI Overviews.

AMD earnings: Here’s what’s needed to keep the stock rally going

When AMD reports earnings Tuesday, investors will be looking far beyond the latest quarter at clues about the MI450 series.

Paramount renews deal with Jon Stewart as ‘Daily Show’ host amid upheaval at company

Jon Stewart has agreed to a one-year extension of his contract to host Comedy Central’s ”The Daily Show.”

‘Champagne bottles had stopped popping.’ Why OPEC+ is making a move to ease an expected global oil glut.

Major oil producers have little reason to celebrate with crude prices down by more than 10% so far this year and market forecasts for the biggest global supply surplus on record.

Here’s why Beyond Meat investors aren’t happy that earnings were delayed

The meme stock said that it needs more time to quantify a previously disclosed impairment charge.

Here’s how much Ford’s EV sales dropped as tax credits expired

Hyundai and Kia also posted October sales drops for certain EV models, after demand swelled in September.

Sports bettors keep winning. Here’s how much that could hit profits at DraftKings and FanDuel.

Through week 9 of the current NFL season, favorites are covering the spread at a high rate (56.1%) compared to just 43.9% for underdogs.

Palantir’s stock rises as AI fuels another flurry of records

The software company is boosting its outlook, and its CEO is cheering gains for retail investors.
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