U.S. stock futures showed minimal movement on Thursday night after major indices declined due to a disappointing earnings forecast from retail giant Walmart. Dow Jones Industrial Average futures […]
Economy
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UnitedHealth Shares Drop 7% Amid DOJ Investigation into Medicare Billing Practices
Shares of UnitedHealth experienced a significant decline on Friday following a report by The Wall Street Journal indicating that the U.S. Department of Justice (DOJ) is investigating the […]
Uncategorized
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Novo’s Ozempic Shortage Is Declared Over, Impacting Market Dynamics
The U.S. Food and Drug Administration (FDA) has officially removed Ozempic and Wegovy, two widely used medications for weight loss and diabetes, from its drug shortage list. This […]
Technology
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Apple yanks encrypted storage in U.K. instead of allowing backdoor access
Apple has disabled its most secure data storage offering for new customers in Britain rather than comply with a secret government order that would have allowed police and […]
Uncategorized
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DEI is good for our business, Coca-Cola says
Coca-Cola has expressed concerns that changes to Diversity, Equity, and Inclusion (DEI) policies could harm its business. In its annual filing, the company emphasized the importance of an […]
Technology
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Brian Armstrong says Coinbase spent $50M fighting SEC lawsuit — and beat it
Coinbase has announced that the SEC has agreed to drop its lawsuit against the company with prejudice, preventing future filings. This decision, pending SEC Commissioner approval, reflects a […]
Uncategorized
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Once valued at $10B, bluebird bio sold to private equity firms for $29M
Bluebird bio, once a leading gene therapy developer, reached a share price of $2,300 in early 2018. However, after failing to establish a market for its three costly […]
Technology
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Cryptocurrency exchange says it was victim of $1.5 billion hack
A major cryptocurrency exchange, Bybit, reported being the victim of a sophisticated hack that resulted in the theft of approximately $1.5 billion worth of digital currency, marking one […]
Economy
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Dow tumbles more than 700 points as inflation and tariff fears mount
US stock markets experienced a significant decline on Friday following an economic report indicating growing concerns among American consumers about price increases and the potential impact of President […]
Markets
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Warren Buffett Sells S&P 500 ETFs Despite Advocating Them
Warren Buffett’s Berkshire Hathaway has sold its entire stakes in two S&P 500 ETFs, SPDR S&P 500 ETF Trust (SPY) and Vanguard S&P 500 ETF (VOO), contradicting his […]