Software stocks rebound as Anthropic announces new partnerships
Cybersecurity and software names have sold off heavily in recent weeks as investors fretted about potential disruption from artificial intelligence.
Classic ‘TACO’? Investors shrug off Trump’s latest tariff announcement
Global equity markets were muted as Trump’s latest tariffs came into effect at 10%, a lower-than-expected rate.
Novo Nordisk to slash GLP-1 list prices by up to 50% in U.S. to cut costs for insured patients
The cuts aim to make the drugs more accessible to insured patients, particularly people with high-deductible health plans or coinsurance benefit designs.
Anthropic updates Claude Cowork tool built to give the average office worker a productivity boost
Companies can connect Claude Cowork to existing tools like Google Drive, Gmail and DocuSign.
Meta strikes AI chip deal with AMD days after committing to deploy millions of Nvidia GPUs
AMD has secured Meta as a customer for its Helios rack-scale system, as Nvidia’s Blackwell faces heightened competition.
Deutsche Bank downgrades private credit poster child Blue Owl after recent sell-off
Shares of Blue Owl have sunk 30% this year and appear fairly valued, Deutsche Bank wrote.
Epstein files highlight how the wealthy borrow against art collections
Art loans are typically used by the wealthy to provide ready cash, leverage financial investments and avoid hefty tax bills.
Novo Nordisk trial ‘own goal’ sparks flurry of analyst downgrades
Analysts raced to cut price targets on an already struggeling Novo Nordisk stock following disappointing trial results for its weight loss candidate CagriSema.
Tesla’s Europe problem keeps getting worse. Here’s why
Tesla’s new car registrations fell 17% year-on-year in January, marking the 13th consecutive month in which sales have shrunk across Europe.
U.S. has breached trade deal and Europe is ready to retaliate, top trade lawmaker tells CNBC
The U.S. has breached the terms of its trade deal with the European Union “several times,” top EU trade lawmaker Bernd Lange told CNBC.
