Large Cap Archives - Page 80 of 437

3 minute read

UK Becomes First Major Market for Eli Lilly’s Mounjaro Prefilled Pen For Tackling Obesity

February 15, 11:09 AM

Eli Lilly's popular obesity and diabetes drug, Mounjaro (tirzepatide), hits the UK market this week. Superdrug and Simple Pharmacy offer accessible prescriptions for NHS and private patients.

LLY

2 minute read

What’s Going On With Recursion Pharmaceuticals Stock On Thursday?

By Vandana Singh

February 15, 11:03 AM

Recursion Pharmaceuticals' approach to drug discovery. NVIDIA's $75.9 million stake amplifies the impact of generative AI in identifying innovative treatments.

NVDA

1 minute read

Why Fast Casual Restaurant Chain Shake Shack Shares Are Shooting Higher Today

By Lekha Gupta

February 15, 10:27 AM

Shake Shack shares up after reporting Q4 FY23 results, beating estimates. Revenue up 20.0% Y/Y, operating loss reduced.

SHAK

2 minute read

What’s Gaining Popularity Among US Teens Battling Obesity? Novo Nordisk’s Weight Loss Drug Wegovy

By Vandana Singh

February 15, 10:05 AM

Rise of adolescent usage of Novo Nordisk's Wegovy for pediatric obesity. Surging demand among families, but concerns linger on the impact of weight-loss drugs on growing children's development.

LLY

2 minute read

Shell They Say Goodbye? Energy Giant Might Give Norway’s Wind Farm the Cold Shoulder

By Lekha Gupta

February 15, 9:13 AM

Shell may withdraw from Norway's first offshore wind farm tender due to concerns over profitability.

SHEL

1 minute read

Shenzi Sinks: Woodside Takes $1.2B Asset Impairment Charge On BHP Merger

By Lekha Gupta

February 15, 8:00 AM

Woodside Energy Group trading lower after disclosing impairment charge in 2023 related to assets acquired under BHP Group deal.

BHP

2 minute read

Valentine’s Day Chocolate This Year Isn’t So Sweet As Cocoa Inflation Tops 100%

By Piero Cingari

February 14, 5:30 PM

Investors can consider chocolate companies like Mondelez, owner of brands such as Cadbury and Milka; Hershey's; and Lindt.

HSY

2 minute read

Morgan Stanley To Cut Hundreds Of Jobs In Wealth Management As Growth Slows: Report

By Michael Cohen

February 14, 5:24 PM

Morgan Stanley (NYSE: MS) is set to enact job reductions within its wealth management sector, as newly appointed CEO Ted Pick initiates cost-cutting measures amid signs of a slowdown in this crucial segment

2 minute read

2008 ‘Big Short’ Oracle Burry Bets Big On Chinese Giants, Backs Google, Amazon’s AI Wave

By Piero Cingari

February 14, 5:09 PM

Michael Burry, the visionary investor, made significant changes to his portfolio in Q4 2023. Increased stakes in Chinese retailers and two US tech giants, divested from four companies and reduced holdings in others.

AMZN

2 minute read

Stellantis Shares Surge Ahead Of Full-Year Results: Can The Auto Maker Keep To The Road?

By Neil Dennis

February 14, 5:02 PM

Carmaker is expected to post $200 billion in full-year revenue.