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What’s Going On With Nvidia Stock On Wednesday?

By Anusuya Lahiri
June 5, 12:36 PM
Nvidia CEO plans increased investments in Taiwan, praising TSMC and other local tech suppliers. Stock up 197% in past year. Gain exposure with SMH, IYW.

INTC

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British Agency Supports Eli Lilly’s Weight Loss Drug Mounjaro, Diverging From Restrictions on Rival Novo Nordisk’s Wegovy

By Vandana Singh
June 5, 12:21 PM
NICE recommends Eli Lilly's Mounjaro for obesity, omitting time limits applied to Novo Nordisk's Wegovy, opening new avenues for long-term treatment.

LLY

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Plug Power Down 6% Wednesday: What’s Going On?

By Nabaparna Bhattacharya
June 5, 12:00 PM
Plug Power faces scrutiny as a leading Senate Republican calls for an investigation into $1.66 billion financing, citing concerns over conflicts of interest and financial risks.

HJEN

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SEC Chair Gary Gensler Fields Questions On AI, ‘Roaring Kitty’ And Congressional Trading: ‘Disclosure Doesn’t Necessarily Protect A Bad Actor’

By Adam Eckert
June 5, 11:02 AM
Gary Gensler talks AI's role in public markets, recent trading activity in GameStop Corp and insider trading rules in Wednesday CNBC interview.

GME

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Google Parent Alphabet Appoints Eli Lilly’s Finance Chief Ashkenazi As CFO

By Vandana Singh
June 5, 10:11 AM
Anat Ashkenazi resigns as CFO of Eli Lilly to join Google as CFO and SVP. She will remain at Lilly until July 2024 while her successor is sought.

GOOG

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Judge Slashes Bayer’s Massive $2B Roundup Verdict To $400M

By Vandana Singh
June 5, 10:06 AM
Pennsylvania judge cuts Bayer's $2.25 billion Roundup verdict to $400 million. Both Bayer and plaintiff plan appeals in the ongoing cancer litigation.

BAYRY

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What’s Going On With Taiwan Semi Supplier ASML Stock On Wednesday?

By Anusuya Lahiri
June 5, 9:58 AM
ASML plans to deliver its latest chipmaking machines to TSMC and Samsung in 2024, boosting sales and supporting AI applications. Stock up 3.98%

ASML

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Jim Cramer: Energy Transfer Has ‘Done A Very Good Job,’ Recommends Selling This Tech Stock

By Avi Kapoor
June 5, 9:34 AM
Jim Cramer comments on Obsidian Energy, GE Vernova, Energy Transfer, Leonardo DRS, Super Micro Computer, SoundHound and Zim Integrated.

AES

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Alphabet, Ventas, ASML And A Pharmaceutical Giant On CNBC’s ‘Final Trades’

By Avi Kapoor
June 5, 9:28 AM
Alphabet recently declared a $2 billion investment plan to establish its inaugural data center and Google Cloud region in Malaysia.

ASML

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Nike’s Multiyear Cost-Cutting Strategy Leads To Layoffs In Europe: Report

By Shivani Kumaresan
June 5, 8:45 AM
Nike has reportedly initiated workforce reductions at its European headquarters in Hilversum, Netherlands, as part of a global cost-saving strategy to trim $2 billion. The company is cutting approximately 2% of its global workforce.

FDIS

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