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Weight Loss Drug Market To Rocket To $130B By 2030 With Eli Lilly, Novo Nordisk In Lead: Goldman Sachs

By Anusuya Lahiri
May 30, 11:17 AM
Goldman Sachs re-rated Eli Lilly and Novo Nordisk, citing potential for weight-loss drugs. Global sales expected to reach $130B by 2030.

LLY

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Maxeon Solar Technologies Loses 50% Value In One Session After Q1 Earnings – Here’s Why

By Anusuya Lahiri
May 30, 10:54 AM
Maxeon Solar Technologies (NASDAQ: MAXN) reported Q1 revenue of $187.46M, missing estimates. EPS loss of $(1.59) also missed. Quarterly shipments declined 37%. Maxeon projects lower Q2 and FY24 revenue and significant investment from shareholder.

MAXN

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Robinhood Unveils Crypto Trading API For Advanced US Users

By Murtuza Merchant
May 30, 10:48 AM
Robinhood Inc. (NASDAQ: HOOD) launched its Crypto Trading API for experienced traders in the US, offering automation, round-the-clock trading, collaboration, and enhanced security.

HOOD

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Uber’s Asia Peer Grab Taps OpenAI to Enhance App Navigation and Customer Support

By Anusuya Lahiri
May 30, 10:36 AM
Grab (NASDAQ: GRAB) partners with OpenAI to integrate generative AI in app for visually impaired, elderly users & advanced chatbots. Stock up 25% in last 12 months.

EFA

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Uniswap CEO Claims Democrats Recognize Anti-Crypto Stance As Electoral Risk; GM, Stellantis Respond To Chinese EV Challenge With Budget-Friendly Electric Jeep And Revamped Bolt – Top Headlines Today While US Slept

By Akanksha Bakshi
May 30, 10:33 AM
Crypto Biden Campaign Engages Crypto Experts: ‘Democratic Establishment Finally Realized Being Anti-Crypto Will Lose Elections,’ Says Uniswap CEO…

BTC

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Nvidia, GE HealthCare Technologies And A Video Streaming Giant On CNBC’s ‘Final Trades’

By Avi Kapoor
May 30, 10:17 AM
Jim Lebenthal of Cerity Partners is bullish on NVIDIA Corporation (NVDA) with its 186% surge fueled by AI chip demand. Stephanie Link likes GE Healthcare, Joseph Terranova names Netflix as his final trade.

GEHC

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Amazon Boosts Prime Benefits With Grubhub Partnership, Takes Aim At Walmart

By Anusuya Lahiri
May 30, 10:07 AM
Amazon offers Prime members free Grubhub subscriptions, making Grubhub a permanent benefit. This could make Grubhub more appealing to potential buyers.

AMZN

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American Airlines CEO Admits Mistake, Vows To Win Back Clients

By Shivani Kumaresan
May 30, 10:02 AM
American Airlines is retreating from a strategy that CEO Robert Isom admitted drove away valuable corporate clients and hurt the airline's revenue.

AAL

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What A Biden Or Trump Victory Might Mean For The Energy Sector

By Surbhi Jain
May 30, 9:53 AM
Under Biden, hundreds of billions of dollars were put toward incentives for green energy, and the U.S. set a record for crude oil production.

AMLP

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Boeing To Present Quality Control Plan To FAA In Wake Of 737 Max Crisis

By Shivani Kumaresan
May 30, 9:28 AM
Boeing Co (NYSE) is set to present a corrective action plan to U.S. regulators to address significant quality issues within its factories. CEO Dave Calhoun and Stephanie Pope will meet with FAA Chief Michael Whitaker on Thursday in Washington.

BA

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