Why Eli Lilly’s earnings are no sure thing for traders despite obesity drug momentum
The Food and Drug Administration said supplies of Zepbound and Mounjaro are expected to be limited through the second quarter, for all but one dosage.
Top Tesla analyst Adam Jonas says Musk’s China visit means ‘he’s back’ and fully committed to EV maker
Morgan Stanley reiterated an overweight rating on Tesla, alongside a $310 per share price target, implying more than 82% upside from Friday’s close.
Dow climbs more than 100 points, Tesla’s 15% pop pushes Nasdaq to close higher: Live updates
Traders are readying for an action-packed week with corporate earnings reports and economic news.
European markets close higher as traders look ahead to Fed meeting; Philips up 29%
European markets closed higher Monday as investors looked ahead to more central bank decisions, earnings and data this week.
L’Occitane’s billionaire owner to take firm private in $1.8 billion deal
As part of the deal, Austrian billionaire Geiger’s investment holding company will pay HK$34 for each share not already owned, representing a 30.8% premium.
IMF chief concerned about the prospect of central banks diverging on rate cuts
Kristalina Georgieva, managing director of the International Monetary Fund, discusses the outlook for economic growth in Europe and reflects on the prospect of major central banks diverging on monetary policy.
Saudi Arabia says all NEOM megaprojects will go ahead as planned despite reports of scaling back
“For NEOM, the projects, the intended scale is continuing as planned. There is no change in scale,” Saudi Economy Minister Faisal Al Ibrahim told CNBC.
Embattled grocery startup Getir exits the U.S. and Europe, will refocus on Turkey
Grocery delivery firm Getir says it is withdrawing from its U.S. and European markets and will now refocus its resources on Turkey.
Scottish First Minister Humza Yousaf resigns after ending power-sharing agreement
Scottish First Minister Humza Yousaf resigned Monday after the collapse of his power-sharing agreement with the country’s Green Party.
Glass Lewis endorses 6 of activist Ancora’s nominees for Norfolk Southern board
Norfolk Southern shareholders should vote for activist Ancora’s nominees, proxy advisory firm Glass Lewis recommended, a strong sign of support ahead of a May 9 meeting.
