Eli Lilly blows past quarterly estimates, posts strong outlook as Zepbound and Mounjaro sales soar
Eli Lilly’s full-year guidance comes in stark contrast to the outlook of Novo Nordisk, which warned it sees sales and profit declining as much as 13% this year.
Yum Brands posts mixed quarter, Taco Bell shines
Taco Bell’s same-store sales spiked 7% in the quarter.
Sen. Warren, others urge FTC, DOJ to scrutinize tech AI ‘acqui-hiring’ deals for antitrust violations
The senators wrote that the FTC and DOJ should “carefully scrutinize these deals and block or reverse them should they violate antitrust law.”
Rough winter weather hits homebuyers, tanking mortgage demand
Mortgage demand dropped sharply last week, even though interest rates moved slightly lower. The culprit was likely the recent winter storm.
‘Muskonomy’ shakeup: SpaceX valuation approaches Tesla’s after merger with xAI
Elon Musk is now overseeing two companies worth over $1 trillion, at least on paper.
Microsoft promotes sales leaders as company pursues AI growth
Judson Althoff, CEO of Microsoft’s commercial business, wants to reduce the customer feedback loop as the company sells artificial intelligence services.
Trump: If states can’t run elections ‘honestly,’ then ‘somebody else should take over’
Trump had been asked what he meant when he called on members of the Republican Party to “take over the voting” in a recent interview with Dan Bongino.
Nvidia, OpenAI appear stalled on their mega deal. But the AI giants still need each other
Five months after OpenAI and Nvidia announced a $100 billion deal, no contract has been signed and no money has changed hands.
AMD shares drop as forecast comes up short of some expectations
AMD’s first-quarter forecast fell short of what some analysts were hoping for amid an AI spending boom.
Chipotle stock sinks as restaurant chain reports falling traffic, weak guidance
Chipotle stock has fallen about 33% over the last year, dragging the company’s market value down to about $51 billion.
