Earlier this year, Novo Nordisk A/S pulled off the best obesity-drug launch ever with its Wegovy pill. Now it’s focused on building on more than 600,000 prescriptions as Eli Lilly & Co. threatens to siphon patients away with a new pill of its own. “We’re focused on use, users and usage,” said Jamey Millar , the Danish drugmaker’s executive vice president of US operations, in an interview Wednesday...
Earlier this year, Novo Nordisk A/S pulled off the best obesity-drug launch ever with its Wegovy pill. Now it’s focused on building on more than 600,000 prescriptions as Eli Lilly & Co. threatens to siphon patients away with a new pill of its own. “We’re focused on use, users and usage,” said Jamey Millar , the Danish drugmaker’s executive vice president of US operations, in an interview Wednesday. Attracting patients who prefer pills to shots is crucial as Novo tries to broaden its customer base and win back share from fellow obesity giant Lilly in the all-important US market. On Wednesday, Lilly ratcheted up the pressure on Novo by winning US regulatory approval for its obesity pill Foundayo. Novo welcomes the competition, Millar said in response to a question about Lilly’s pill. “The bigger competitor is the apathy that continues to exist” in the treatment of obesity, he said, noting that only about a 10th of eligible patients in the US have taken the powerful new obesity drugs. The Danish drugmaker is focused on touting the weight-loss benefits and side effect profile of its pill, while taking steps to lower costs. Millar said Novo’s pill has a competitive strength because it’s essentially the same as its highly effective injectable medicine Wegovy, while Lilly’s is a different medicine than its blockbuster shot Zepbound. Novo is talking with pharmacy benefit managers and their clients about ways to make the cost of weight-loss drugs more predictable and manageable over time, Millar said. That includes arrangements where payments are tied to outcomes, or deals where an insurer or employer pays a set fee for each member on a monthly basis. Those arrangements could help win over customers reluctant to pay for a high volume of the drugs at their current prices, Millar said. “We need a different approach,” he said. Novo is also focused on fending off compounding pharmacies, which started selling their own knockoff versions of the drugmaker’s blockbuster medicines du...
Wirestock/iStock Editorial via Getty Images Introduction It’s been over a year since the last time I covered Coca-Cola Consolidated, Inc. ( COKE ), so there is no better time than revisiting after the company announced its full-year ’25 results . Since the article back in January of 2025, when I maintained my Buy rating , the share price was very resilient and advanced over 45% compared to SPY’s (...
Wirestock/iStock Editorial via Getty Images Introduction It’s been over a year since the last time I covered Coca-Cola Consolidated, Inc. ( COKE ), so there is no better time than revisiting after the company announced its full-year ’25 results . Since the article back in January of 2025, when I maintained my Buy rating , the share price was very resilient and advanced over 45% compared to SPY’s ( SPY ) 9%. At this point, I feel like COKE’s valuation is a little stretched, and I would be looking to add to your position on any weakness that we may get in the future. I still believe it will be a great compounder, but I am not a buyer at these levels. Briefly on Performance Starting from the top-line performance over the last year, we can see that the bottler kept it quite steady. Full-year ’25 revenues came in at around $7.2B, up around 5%, with over 99% of the revenues coming from the nonalcoholic beverages. COKE 10-K Sure, the growth isn’t impressive, but it never was with the bottler in general. It is a steady compounder in my book, and that is quite attractive to some investors. On the profitability front, we can see some issues cropping up, especially in the last quarter of the year. We can see that gross margins took a hit. Are we surprised? Not at all. The cost of aluminum increased slightly, and the management put the blame on elevated import tariffs. The decline wasn’t significant, but it certainly has affected its overall performance. Seeking Alpha Looking at other key efficiency and profitability metrics, we can see that the end of the year was good for COKE. Everything went up, meaning the management utilized the company’s assets and shareholder capital rather efficiently, thus creating value. Additionally, COKE boasts quite a high return on total capital, or ROTC, which tells me the company’s moat and pricing power are still in place. That is what I would pay a premium for. Seeking Alpha Let’s take a look at the company’s financial situation . At the end ...
A weekly, midday program that delivers high-impact, editorially driven coverage of the most important corporate transactions shaping the global market. Today's guests: Bain Capital Managing Partner David Gross, Axiom Partners Founder Sandhya Venkatachalam, Salesforce Ventures Managing Partner Paul Drews, Westbridge Capital Principal and Head of US Investments Manthan Shah, and Morgan Stanley Globa...
A weekly, midday program that delivers high-impact, editorially driven coverage of the most important corporate transactions shaping the global market. Today's guests: Bain Capital Managing Partner David Gross, Axiom Partners Founder Sandhya Venkatachalam, Salesforce Ventures Managing Partner Paul Drews, Westbridge Capital Principal and Head of US Investments Manthan Shah, and Morgan Stanley Global Co-Head of M&A Tom Miles. (Source: Bloomberg)
After more than a century of global supremacy, the future of the All Blacks — New Zealand’s most recognizable brand — hangs in the balance. For a rugby-mad country, the decay of its national team is almost too awful to contemplate. Former All Blacks captain David Kirk took over last year as chairman of New Zealand Rugby, which runs the sport nationwide, to helm its turnaround. Rugby’s central plac...
After more than a century of global supremacy, the future of the All Blacks — New Zealand’s most recognizable brand — hangs in the balance. For a rugby-mad country, the decay of its national team is almost too awful to contemplate. Former All Blacks captain David Kirk took over last year as chairman of New Zealand Rugby, which runs the sport nationwide, to helm its turnaround. Rugby’s central place in the nation’s psyche means Kirk is not just administrating a sport, but stewarding part of the country’s identity. “The game is so woven into our DNA,” Kirk, 65, said in an interview. “Failure is not acceptable.” NZR has been in tumult for years. A scathing governance review in 2023 forced a board clean-out. Its financial losses have widened and there is still no permanent chief executive officer. Investments totaling NZ$262.5 million ($150.4 million) by private equity firm Silver Lake since 2022 to turbo-charge rugby’s commercial future haven’t yet borne fruit. Perhaps most chastening of all, the All Blacks have suffered some recent humiliating losses — including a record 43-10 defeat in September in Wellington by current world No. 1 South Africa. Greatest Ever Kirk says his plan to boost the All Blacks brand worldwide depends on the team winning almost 80% of their games. This is a rare feat in any sport, but a benchmark that reflects the All Blacks’ match-day track record. “Winning drives the commercial outcomes,” said Kirk, who is based in Sydney as the managing partner and co-founder of technology investment firm Bailador, but travels between Australia and New Zealand regularly. The All Blacks’ most recent results undermine its winning legacy, however, and the Silver Lake transaction risks becoming a cautionary tale of the vagaries of sports investments. NZR’s NZ$3.5 billion valuation, the financial basis of Silver Lake’s investment, hasn’t changed in four years, according to a person familiar with the company. That is scant progress for the private equity industry...
Midfielder failed to impress against Uruguay and Japan ‘He was excellent in camp but struggles on the pitch’ Thomas Tuchel says Phil Foden is not assured of a place in his England squad for the World Cup finals in the summer after watching him struggle in the Wembley friendlies against Uruguay and Japan. The head coach has appeared unconvinced by Foden since taking charge at the beginning of last ...
Midfielder failed to impress against Uruguay and Japan ‘He was excellent in camp but struggles on the pitch’ Thomas Tuchel says Phil Foden is not assured of a place in his England squad for the World Cup finals in the summer after watching him struggle in the Wembley friendlies against Uruguay and Japan. The head coach has appeared unconvinced by Foden since taking charge at the beginning of last year but gave him a big opportunity in the starting lineup in each of the games during this past international window. Continue reading...
The following companies are expected to report earnings after hours on 04/01/2026. Visit our Earnings Calendar for a full list of expected earnings releases.Penguin Solutions, Inc. (PENG)is reporting for the quarter ending February 28, 2026. The internet software company's conse
The following companies are expected to report earnings after hours on 04/01/2026. Visit our Earnings Calendar for a full list of expected earnings releases.Penguin Solutions, Inc. (PENG)is reporting for the quarter ending February 28, 2026. The internet software company's conse
Nvidia (NASDAQ: NVDA) just reopened one of the world's most important AI markets, but the real opportunity may be hiding behind a costly catch. This breakdown explains why China could still fuel upside, even as policy risk keeps the story far from simple. Stock prices used were the market prices of March 21, 2026. The video was published on March 29, 2026. Continue reading
Nvidia (NASDAQ: NVDA) just reopened one of the world's most important AI markets, but the real opportunity may be hiding behind a costly catch. This breakdown explains why China could still fuel upside, even as policy risk keeps the story far from simple. Stock prices used were the market prices of March 21, 2026. The video was published on March 29, 2026. Continue reading
Washington is weighing how to build a national framework for artificial intelligence and how to ensure the US can actually deliver on its AI leadership goals, as bottlenecks like energy capacity hamstring the data center buildout. Kevin Frazier, adjunct research fellow at the Cato Institute, speaks with Tim Stenovec on "Bloomberg Tech.” (Source: Bloomberg)
Washington is weighing how to build a national framework for artificial intelligence and how to ensure the US can actually deliver on its AI leadership goals, as bottlenecks like energy capacity hamstring the data center buildout. Kevin Frazier, adjunct research fellow at the Cato Institute, speaks with Tim Stenovec on "Bloomberg Tech.” (Source: Bloomberg)
NASA’s Artemis II is set to launch, returning astronauts to the moon’s vicinity for the first time in 50 years. Bloomberg’s Ed Ludlow discusses the milestone, the role private firms have played, and what this means for US competition with China. He speaks to Tim Stenovec on "Bloomberg Tech." (Source: Bloomberg)
NASA’s Artemis II is set to launch, returning astronauts to the moon’s vicinity for the first time in 50 years. Bloomberg’s Ed Ludlow discusses the milestone, the role private firms have played, and what this means for US competition with China. He speaks to Tim Stenovec on "Bloomberg Tech." (Source: Bloomberg)
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money. Today
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money. Today
Private markets are the new public markets Today Bloomberg’s Bailey Lipschultz and Edward Ludlow report that SpaceX filed for the largest initial public offering ever : SpaceX has filed confidentially for an initial public offering, according to people familiar with the matter, bringing billionaire Elon Musk’s rocket, satellite and AI company closer to delivering the biggest-ever listing. … The fi...
Private markets are the new public markets Today Bloomberg’s Bailey Lipschultz and Edward Ludlow report that SpaceX filed for the largest initial public offering ever : SpaceX has filed confidentially for an initial public offering, according to people familiar with the matter, bringing billionaire Elon Musk’s rocket, satellite and AI company closer to delivering the biggest-ever listing. … The filing puts it on track for a June listing, which would make SpaceX the first of what could be a trio of mega-IPOs, ahead of OpenAI and Anthropic PBC. ... A listing for SpaceX would raise as much as $75 billion, Bloomberg News has reported. At that size, it would dwarf the current record holder, Saudi Aramco’s $29 billion debut in 2019. But Bloomberg’s Shirin Ghaffary reports that OpenAI did an even bigger deal : OpenAI has completed a deal to raise $122 billion from investors at an $852 billion valuation, marking the company’s largest funding round to date by far and bolstering its costly push for more chips, data centers and talent. ... In a first for the company, OpenAI raised more than $3 billion from individual investors through bank channels. The startup also said it will be included in several exchange-traded funds managed by Cathie Wood’s Ark Invest, with the goal of offering more people exposure to the AI firm. OpenAI Chief Financial Officer Sarah Friar said the financing “blows out of the water even the largest IPO that’s ever been done.” The deal, she said, is meant to give the company “a lot of flexibility” to invest in computing resources and its AI roadmap at a time of broader uncertainty for the public markets, including from the Iran war. Private markets, I often say around here, are the new public markets: You can raise more money for your AI company in a private round than you could in the still-hypothetical largest IPO ever. You can sell $3 billion of stock to retail investors, or quasi-retail investors anyway. (Bank private wealth channels, ARK ETFs.) Goin...
May ICE NY cocoa (CCK26 ) today is up +60 (+1.82%), and May ICE London cocoa #7 (CAK26 ) is down -12 (-0.48%). Cocoa prices are mixed today, with NY cocoa posting a 2-week high. Dry conditions in West Africa are supportive of cocoa prices, as recent rainfall has been...
May ICE NY cocoa (CCK26 ) today is up +60 (+1.82%), and May ICE London cocoa #7 (CAK26 ) is down -12 (-0.48%). Cocoa prices are mixed today, with NY cocoa posting a 2-week high. Dry conditions in West Africa are supportive of cocoa prices, as recent rainfall has been...
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Jabil Inc (Symbol: JBL), where a total of 11,076 contracts have traded so far, representing approximately 1.1 million underlying shares. That amounts to about 81.9% of JB
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Jabil Inc (Symbol: JBL), where a total of 11,076 contracts have traded so far, representing approximately 1.1 million underlying shares. That amounts to about 81.9% of JB
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Lumentum Holdings Inc (Symbol: LITE), where a total of 35,497 contracts have traded so far, representing approximately 3.5 million underlying shares. That amounts to abou
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Lumentum Holdings Inc (Symbol: LITE), where a total of 35,497 contracts have traded so far, representing approximately 3.5 million underlying shares. That amounts to abou
Soaring fuel prices from the Iran war are forcing oil traders into longer, stranger journeys, sending cargoes on routes that would normally make little economic sense. Consider the STI Solace , a 250-meter-long tanker now motoring past West Africa carrying diesel, according to a person familiar with the matter. After loading off the UK in the latter half of March, it’s about a third of the way thr...
Soaring fuel prices from the Iran war are forcing oil traders into longer, stranger journeys, sending cargoes on routes that would normally make little economic sense. Consider the STI Solace , a 250-meter-long tanker now motoring past West Africa carrying diesel, according to a person familiar with the matter. After loading off the UK in the latter half of March, it’s about a third of the way through a trip of more than 12,000 miles to Australia, tracking data from Energy Aspects and Signal Ocean shows. What makes the shipment particularly eye-catching is the direction of travel: Europe generally pulls in diesel rather than exporting it. But while Europe’s diesel benchmark has soared since the war began, prices in Asia have jumped even more, meaning it can still make sense to send a cargo thousands of miles across the globe. “Everything about this market is wild,” said Philip Jones-Lux, a senior oil analyst at energy analytics firm Sparta Commodities. “Europe is still short of diesel, but the situation in Asia is so much more acute that prices there are pulling barrels halfway around the world.” War in the Middle East is roiling global oil supply chains, depriving the market of millions of barrels of crude and refined fuels such as diesel. Disruptions stem from both the closure of the Strait of Hormuz and reduced refinery processing rates in some areas. The International Energy Agency has called it the biggest supply shock on record. The result is a global tug-of-war for fuel, with traders scrambling to secure supplies. March flows are already beginning to reflect how quickly the market is adjusting after the conflict’s late-February onset. The longer the Strait of Hormuz remains closed, the more intense the competition is likely to become. Traders have warned that Europe is at risk of diesel shortages in the coming weeks. Read More: Australia Plans $700 Million Support for Firms Hit by Fuel Costs Australia has been hit particularly hard. Panic buying, especially i...
Intel shares led semiconductor and other tech stocks higher Wednesday. The chipmaker is buying back a 49% stake in its Ireland chip plant that it sold to Apollo in 2024.
Intel shares led semiconductor and other tech stocks higher Wednesday. The chipmaker is buying back a 49% stake in its Ireland chip plant that it sold to Apollo in 2024.