Eli Lilly says it will file for approval of next-generation obesity drug in 2027 as it clears two more trials
There are now positive results from five late-stage trials on retatrutide, which Lilly is positioning as the next pillar of its obesity portfolio.
Tesla, Alphabet lose hundreds of billions in value in post-earnings stock plunge
Both Tesla and Alphabet signaled higher spending as they invest in artificial intelligence.
10-year Treasury yield rises to highest since January 2025 as surging oil rekindles inflation fear
U.S. Treasury yields climbed on Wednesday, following oil prices higher, as traders also reacted to a slump in weekly claims for unemployment insurance.
Defense boom lifts European stocks amid strong earnings; Dassault pops 8%
The continent’s defense upcycle translated into another quarter of higher revenue and swelling order books.
Goldman tests the bubble case behind the IPO boom
While U.S. IPO issuance is on track for a record-breaking year, Goldman Sachs views the surge as a normalization of market activity.
UniCredit CEO tells CNBC acquisition of Commerzbank could happen in fourth quarter
UniCredit CEO Andrea Orcel told CNBC Thursday that the Italian bank could “potentially” acquire Commerzbank in the fourth quarter.
CNBC Daily Open: Spending shock disappoints Wall Street
Massive spending increases from heavyweights Alphabet and Tesla keep investors on edge, sending shares lower during the U.S. session.
CNBC Daily Open: Spending shock disappoints Wall Street
Massive spending increases from heavyweights Alphabet and Tesla keep investors on edge, sending shares lower during the U.S. session.
‘Project Firepower’: Inside Rheinmetall’s gunpowder expansion as Europe races to replenish its ammunition
Scarcity of gunpowder is seen as a choke point for ramping up production of ammunition for militaries, and a barrier for Europe to ensure defense sovereignty
‘Project Firepower’: Inside Rheinmetall’s gunpowder expansion as Europe races to replenish its ammunition
Scarcity of gunpowder is seen as a choke point for ramping up production of ammunition for militaries, and a barrier for Europe to ensure defense sovereignty
