Meta’s stock is enjoying its best month in 13 years thanks to the company’s hot new AI assistant
4 Stocks to Buy Before They Bounce Back Plus, stocks we do and don’t like after earnings. David Sekera, CFA and Susan Dziubinski
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Eli Lilly CEO tells CNBC one-third of new GLP-1 pill patients are taking Foundayo, as drugmaker ramps up production
Eli Lilly CEO Dave Ricks told CNBC on Monday that one-third of new GLP-1 pill patients are taking the drugmaker's Foundayo, as the company tries to catch up to a lead in the space established by rival Novo.
Read more →Stock boom is fueling a ‘retirement party,’ economists say — what it means for workers
Workers age 55 and older are leaving the labor force at a rapid pace, government data shows, a trend that coincides with ballooning stock wealth fueled by euphoria over artificial intelligence.
Read more →Stocks and Bonds Climb as Slumping Crude Prices Ease Inflation Risks
The S&P 500 Index ($SPX) (SPY) is up by +0.93% today, the Dow Jones Industrial Average ($DOWI) (DIA) is up by +0.39%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.97%. December E-mini S&P futures (ESZ26) are up +1.00…
Read more →Crude Prices Retreat on Hopes Middle East Energy Exports to Recover
October WTI crude oil (CLV26) closed down -1.61 (-1.58%) on Friday, and October RBOB gasoline (RBV26) closed up +0.0203 (+0.58%).
Read more →Nasdaq’s AI Boom Is Expensive — But This Still Isn’t Dot-Com 2.0
One of the consistent themes of this newsletter is how the stock market is increasingly disconnected from underlying economic activity. In the Number Go Up Rule, I traced how we increasingly run everything to ensure tha…
Read more →Dollar Gains and Gold Falls on Hawkish Fed Comments
The dollar index (DXY00) on Friday rose by +0.27% and posted a fresh 2.75-month high. Hawkish comments on Friday from Kansas City Fed President Jeff Schmid, Dallas Fed President Lorie Logan, and Cleveland Fed President …
Read more →AMD hits $1 trillion market cap for the first time as stock rides 5-day rally
Advanced Micro Devices stock surged 9% on Monday, pushing shares to a record high and topping a $1 trillion market cap benchmark for the first time.
Read more →Trump says DOJ will rein in AI 'if we have to'
President Donald Trump said Monday that the Department of Justice and other U.S. law enforcement agencies will rein in risks associated with artificial intelligence "if we have to."
Read more →Earnings Mean Reversion: When Estimates Snap Back
Consensus earnings estimates now sit close to 50% above trend, and that gap is exactly where an earnings mean reversion tends to begin.
Read more →Trump to be sued by MS NOW, CNN, Politico to reverse White House ban
MS NOW, CNN and Politico sued President Donald Trump on Monday morning, seeking to reverse his total ban on those three media outlets from the White House.
Read more →‘She says it’s just money’: My friend pays for everything. I should be grateful, but I can’t stand her anymore.
‘She says it’s just money’: My friend pays for everything. I should be grateful, but I can’t stand her anymore. “On each of these weekends away, she’s probably spending $500.” Read at source
Read more →White House TV pool won't cover Trump after press ban: CNN
The White House television press pool that covers events by President Donald Trump on a rotating basis will stop covering those events because of the White House's ban on CNN from acting as a member of that five-member …
Read more →Trump admin won't give AI leaders a 'liability shield,' Bessent tells CNBC
Artificial intelligence developers "need to take responsibility for themselves" instead of expecting the federal government to give them a "liability shield," Treasury Secretary Scott Bessent told CNBC on Monday.
Read more →Novo Nordisk’s stock tumbles as doubts persist about Ozempic maker’s goals for 2030
The weight-loss-drug manufacturer failed to excite investors hoping for a turnaround.
Read more →Cotton Bulls Head into the Weekend with Their Tails Tucked
Cotton futures were down 79 to 103 points across the front months on Friday, as December was down 491 points on the week. Crude oil was back down $2.38 per barrel on the session, with the US dollar index down $0.040.
Read more →Soybeans Face Risk Off Pressure into the Weekend, as Meal Leads the Way to the Downside
Soybeans were down 9 to 17 cents across the board on Friday, as November held on for a 7 cent gain for the week. The cmdtyView national average Cash Bean price was down 16 1/4 cents at $12.44 1/4. Soymeal futures were b…
Read more →Nissan eyes increasing U.S. production as new Rogue hybrid launches
Nissan Motor is looking to increase its U.S. production as it launches the 2027 Rogue crossover, including with a new hybrid model that the company views as a crucial offering for American consumers.
Read more →Bitcoin hits highest level since January at $85,000, as the market debates whether the 'crypto winter' is over
Bitcoin rose above $85,000 on Monday as the cryptocurrency continued its sharp rally over the past few days.
Read more →Novo shares slide as drugmaker lays out post-Wegovy growth strategy
Novo shares fell as much as 7% on Monday after the company laid out new growth ambitions to revive its fortunes in the booming obesity drug market.
Read more →My husband and I are in our 50s and have no kids. We have $2 million. Do we need a will?
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Read more →U.S.-listed Greenland stocks surge after Trump agrees security deal with Denmark
Shares of U.S.-listed companies exposed to Greenland surged on Monday after the U.S. and Denmark reached a deal regarding security arrangements on the Arctic territory.
Read more →Kylie Jenner sells California mansion for $5 million below asking
In 2018, it was out with the old and in with the new for stars like Kylie Jenner, Tyra Banks, and Selena Gomez. Many sold their lavish properties for many millions, and most pocketed at least a million in profit from th…
Read more →Chinese biopharma stocks jump as U.S. weighs keeping door open to drug deals
Chinese biopharma stocks jumped in Hong Kong on Monday after a report that the U.S. is considering rules that would allow American pharmaceutical companies to continue licensing most drugs from Chinese firms.
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