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Novo Nordisk now has more than 130,000 weight-loss prescriptions as it hikes financial outlook

Novo Nordisk said its Wegovy injectable drug for weight loss now has more than 130,000 weekly prescriptions in North America alone after boosting supplies to meet insatiable demand.

Qualcomm could prove to be an underrated AI story

Chip designer Qualcomm Inc. could be the sleeper stock of the AI hardware boom.

What junk? High-yield bonds outperform in a turbulent April

High-yield, or “junk bonds,” outperformed in a turbulent April for financial assets

Fed’s Powell keeps the door open for a July rate cut

Here are more details of the four main takeaways from Powell’s press conference.

Fastly shares sink 30% on weaker guidance

Fastly shares dived 30% in afterhours trading following guidance for the second-quarter and 2024.

If history is any indication, the economic impact of campus protests could be felt at colleges across the U.S.

In the 1960s, some policymakers reacted to protests by curtailing funding for colleges. Today, lawmakers are threatening to do the same.

Cantor’s Howard Lutnick says Fed will ‘show off’ with one rate cut in September

A third of maturing commercial real-estate loans are ‘totally underwater,’ Lutnick says

Enovix shrinks quarterly loss, vows to cut costs as battery maker’s stock soars 20%

Battery maker narrows quarterly loss and says it plans to cut more costs on its road to profitability.

Yen surges against U.S. dollar amid fears of further intervention

Japan’s yen violently strengthened against the U.S. dollar late Wednesday, sparking suspicions of intervention by Japanese authorities.

Bitcoin is falling — but could still score new all-time highs this year. Here’s why.

A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.

AMD is the latest company to show that AI is an expensive proposition

Artificial intelligence is expensive for the companies buying AI chips, and it’s expensive for the companies making them, too.

Carvana’s stock rallies about 40% on surprise profit for used-car retailer

Shares of used-car retailer Carvana Co. jumped about 40% in the extended session Wednesday after a surprise profit and larger revenue for the used-car retailer once on the brink of bankruptcy.
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