hapabapa/iStock Editorial via Getty Images Hims & Hers Health ( HIMS ) shares surged in premarket trading Monday after a media report said Novo Nordisk ( NVO ) plans to sell its obesity drugs through the telehealth platform as part of a new partnership between the companies. Citing a source, Bloomberg reported Saturday that the firms could announce the deal as early as Monday. Shares of Hims & Her...
hapabapa/iStock Editorial via Getty Images Hims & Hers Health ( HIMS ) shares surged in premarket trading Monday after a media report said Novo Nordisk ( NVO ) plans to sell its obesity drugs through the telehealth platform as part of a new partnership between the companies. Citing a source, Bloomberg reported Saturday that the firms could announce the deal as early as Monday. Shares of Hims & Hers ( HIMS ) soared +44.5% premarket to $22.71, while Novo Nordisk ( NVO ) was up +0.3% . The potential agreement comes after a similar partnership collapsed in June when Hims & Hers declined to stop selling lower-cost compounded versions of Novo Nordisk’s obesity drug Semaglutide, even after the GLP-1 treatment was no longer in shortage in the U.S. More recently, the telehealth company withdrew plans to sell compounded versions of Novo’s newly launched oral obesity therapy, the Wegovy pill, following regulatory scrutiny tied to its market rollout. Novo Nordisk ( NVO ) subsequently filed a lawsuit accusing Hims & Hers ( HIMS ) of infringing on a key U.S. patent related to semaglutide. More on Hims & Hers Health, Novo Nordisk A/S CagriSema Incident: The Surprise Winner And What It Means For The Novo-Lilly Rivalry Hims & Hers Health: Leaving GLP-1s Behind Pricing Pressure And Panic: What The Market May Be Missing In Novo Nordisk Novo, Hims & Hers said to be eyeing a partnership to sell obesity drugs Most and least shorted mid-to mega-cap healthcare stocks in February
Southeast Asia is set to see a warmer-than-usual early summer, potentially raising power demand for fuel and straining grids at a time when the Middle East conflict has tightened energy supplies in the region. Across most of maritime and mainland Southeast Asia, home to more than half a billion people, temperatures will be above average for the March-April-May period, according to the latest seaso...
Southeast Asia is set to see a warmer-than-usual early summer, potentially raising power demand for fuel and straining grids at a time when the Middle East conflict has tightened energy supplies in the region. Across most of maritime and mainland Southeast Asia, home to more than half a billion people, temperatures will be above average for the March-April-May period, according to the latest seasonal outlook published by the Asean Specialised Meteorological Centre (ASMC) on Friday. The forecast comes as the US-Israeli war against Iran upends transport and output across the Middle East, sending energy prices soaring. A prolonged disruption would threaten fossil-fuel reliant Southeast Asia’s power generation into April and May, when the mercury can climb to sweltering levels. A woman uses an electric fan to cool down during hot weather in Bangkok, Thailand, in April 2024. Photo: EPA-EFE There is an 80 to 100 per cent chance of above-normal temperatures across Indonesia and Malaysia , according to ASMC’s projection for the three-month period. The unseasonal heat is likely to first set in over those two countries, and then is expected to expand to much of mainland Southeast Asia in the following two months. Swathes of Thailand and northern Vietnam are also set to bake in the heat, the centre said. Advertisement Only small pockets of the region, including southeastern Vietnam, Cambodia and parts of the Philippines , are forecast to see near-normal temperatures. Gas importers in some parts of the bloc are already dipping into the spot market for liquefied natural gas cargoes (LNG) after major supplier Qatar halted its largest export facility last week due to the war. Advertisement Vietnam and Thailand are seeking March and April shipments, while Thailand has tweaked its LNG procurement plan to add three spot cargoes in those months. Singapore , which got more than 40 per cent of its LNG from Qatar last year, may see power prices spike in the second quarter, according to t...
Italy ’s Prime Minister Giorgia Meloni plans to fast-track a new law decree to tackle the spike in energy prices resulting from the war in the Middle East, Italian media including La Stampa report. Meloni is expected to discuss the initiative at a cabinet meeting on Tuesday, the newspaper reported, without saying where it got the information. It’s unclear whether the decree will entail a windfall ...
Italy ’s Prime Minister Giorgia Meloni plans to fast-track a new law decree to tackle the spike in energy prices resulting from the war in the Middle East, Italian media including La Stampa report. Meloni is expected to discuss the initiative at a cabinet meeting on Tuesday, the newspaper reported, without saying where it got the information. It’s unclear whether the decree will entail a windfall tax for energy companies, a potential scenario Meloni floated in a recent radio interview. “We’re determined to fight against speculation,” Meloni reiterated Sunday on Rete 4 TV. On Thursday, she had told Radio Rtl 102.5, “I am also ready to intervene, if necessary, by raising taxes on companies that engage in speculation, in order to use those proceeds to reduce utility bills.” Italy’s current mechanism to counterbalance energy hikes, which redistributes petrol levies if oil goes above a certain price, has the effect of lowering prices for consumers but isn’t effective in case of sudden spikes, La Stampa said. Oil rose through $100 a barrel on Monday after Kuwait and the United Arab Emirates started reducing output the Strait of Hormuz closed and storage rapidly filling up. Iraq began shutting production last week. At its peak, global benchmark Brent spiked as much as 29%, while WTI jumped 31% during the session. Read more: Oil Soars Above $100 as Iran War Forces More Production Cuts
In this article NVDA Follow your favorite stocks CREATE FREE ACCOUNT AI data center startup Nscale has raised $2 billion at a $14.6 billion valuation, the company announced on Monday, as the AI infrastructure boom continues. The Series C featured Nvidia and was led by Aker ASA and 8090 Industries. It also featured Astra Capital Management, Citadel, Dell, Jane Street, Lenovo, Linden Advisors, Nokia...
In this article NVDA Follow your favorite stocks CREATE FREE ACCOUNT AI data center startup Nscale has raised $2 billion at a $14.6 billion valuation, the company announced on Monday, as the AI infrastructure boom continues. The Series C featured Nvidia and was led by Aker ASA and 8090 Industries. It also featured Astra Capital Management, Citadel, Dell, Jane Street, Lenovo, Linden Advisors, Nokia, and Point72. Fresh funds would help accelerate Nscale's development of vertically integrated AI infrastructure — from GPU compute and networking to data services and orchestration software — across Europe, North America, and Asia, the company said in a statement. The AI boom is "leading to the largest infrastructure buildout in human history," said Josh Payne, CEO and founder of UK-based Nscale, echoing past comments from Jensen Huang, CEO at Nvidia, which invested in the round. "We are building this foundation that the market sits on, the engine of superintelligence." This is a breaking story. Please check back for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Venu Holding Corporation ( VENU ) has announced a public offering of 18.75M shares of common stock or pre-funded warrants, along with a warrant for each share sold. The price for each share or pre-funded warrant is set at $4.00, bringing in gross proceeds of $75M before fees. Each warrant allows the holder to buy one share of common stock at an exercise price of $5.00, expiring five years after is...
Venu Holding Corporation ( VENU ) has announced a public offering of 18.75M shares of common stock or pre-funded warrants, along with a warrant for each share sold. The price for each share or pre-funded warrant is set at $4.00, bringing in gross proceeds of $75M before fees. Each warrant allows the holder to buy one share of common stock at an exercise price of $5.00, expiring five years after issuance. Shares or pre-funded warrants and warrants must be purchased together but will be issued separately. The underwriters have an option to buy an additional 2.82M shares and warrants to cover overallotments. The company plans to use the net proceeds from this offering to help fund development costs for The Sunset McKinney and The Sunset Broken Arrow, to pay off a $4.35 million promissory note linked to a recent property acquisition in Centennial, Colorado for a new indoor music hall and restaurant, and for working capital and other general corporate needs. The offering is expected to close on March 10, 2026. More on Venu Holding Corporation Venu Holdings Keeps Leveraging And Adding Financial Complexity Venu announces $75M public offering of common stock, estimates higher Q4 revenue Seeking Alpha’s Quant Rating on Venu Holding Corporation Historical earnings data for Venu Holding Corporation Financial information for Venu Holding Corporation
India’s Greenko Energies Pvt. is weighing an initial public offering in Mumbai to raise as much as $1 billion, according to people familiar with the matter, in what could test investor appetite for renewable energy shares after a weak market debut by an industry peer. The GIC Pte. -backed company has held preliminary discussions with bankers for a potential share sale as soon as this year, the peo...
India’s Greenko Energies Pvt. is weighing an initial public offering in Mumbai to raise as much as $1 billion, according to people familiar with the matter, in what could test investor appetite for renewable energy shares after a weak market debut by an industry peer. The GIC Pte. -backed company has held preliminary discussions with bankers for a potential share sale as soon as this year, the people said, asking not to be identified because the deliberations are private. Greenko hasn’t formally appointed advisers, and key details including the size, timing and structure of the deal remain under discussion and could change, they said. A spokesperson for the company declined to comment. Renewable energy stocks in India have come under pressure as exports slow and the transmission infrastructure build-out suffers delays. Brookfield-backed Clean Max Enviro Energy Solutions Ltd. fell 18% on its trading debut this month, the worst first-day performance in more than four years for an Indian offering of a similar size or larger. Greenko may drop the IPO plan if it finds the current environment is weighing on investor sentiment, one of the people said. Greenko is majority-owned by Singapore’s sovereign wealth fund GIC and Abu Dhabi Investment Authority , alongside founders Anil Chalamalasetty and Mahesh Kolli . The company has a net installed capacity of about 11 gigawatts across 20 Indian states, according to its website , with an additional 20 gigawatts under construction. Over the past decade, its founders have raised and deployed more than $10 billion, including over $3 billion in equity and more than $5 billion through global green bonds, according to the website. It raised 48 billion rupees ($520 million) from state-backed National Bank for Financing Infrastructure and Development to refinance dollar debt maturing in the coming months, according to a local media report in January.
There's a new reason to buy Coinbase Global (COIN 4.13%), the leading U.S.-based cryptocurrency exchange. But it has nothing to do with crypto. At the end of February, Coinbase rolled out commission-free 24/5 trading of stocks and exchange-traded funds (ETFs) for all U.S-based customers. That dramatically increases the scale and scope of Coinbase's reach, and further blurs the line between traditi...
There's a new reason to buy Coinbase Global (COIN 4.13%), the leading U.S.-based cryptocurrency exchange. But it has nothing to do with crypto. At the end of February, Coinbase rolled out commission-free 24/5 trading of stocks and exchange-traded funds (ETFs) for all U.S-based customers. That dramatically increases the scale and scope of Coinbase's reach, and further blurs the line between traditional financial markets and the crypto market. So what does it mean for the future of Coinbase stock? The new "Everything Exchange" The rollout of 24-hour trading during weekdays of stocks and ETFs is part and parcel of the company's "Everything Exchange" strategy that debuted last year. At the time, Coinbase outlined a vision for the future in which tens of thousands of assets would eventually trade on the Coinbase platform. In January 2026, Coinbase debuted prediction market trading via a new partnership with Kalshi, one of the world's leading prediction markets. And now comes the debut of stocks and ETFs. Right now, more than 8,000 U.S.-listed equites are available for trading. If this expansion of trading becomes the success that many people think it will, then it could send the price of Coinbase soaring. Indeed, the initial response on Wall Street has been positive. During the past 30 days, Coinbase is up a robust 35% (as of March 6). How high can Coinbase go? The problem, however, is that Coinbase's long-term performance has been nothing to write home about. During the past five years, Coinbase stock is down more than 40%. Although Coinbase has made past efforts to diversify its revenue streams and reduce its reliance on transaction revenue from crypto trading, it's still largely seen as a stock highly leveraged to the current crypto cycle. Expand CRYPTO : BTC Bitcoin Today's Change ( 0.33 %) $ 223.48 Current Price $ 67485.00 Key Data Points Market Cap $1.3T Day's Range $ 65727.00 - $ 68110.00 52wk Range $ 60255.56 - $ 126079.89 Volume 43B Long story short, if Bitcoin ...
Key Points Coinbase recently announced the launch of 24/5 stock and ETF trading for U.S. customers. In addition to trading hundreds of cryptocurrencies, customers can now trade thousands of equities. Coinbase's new "Everything Exchange" strategy is shifting into full gear, and that should boost its growth prospects. 10 stocks we like better than Coinbase Global › There's a new reason to buy Coinba...
Key Points Coinbase recently announced the launch of 24/5 stock and ETF trading for U.S. customers. In addition to trading hundreds of cryptocurrencies, customers can now trade thousands of equities. Coinbase's new "Everything Exchange" strategy is shifting into full gear, and that should boost its growth prospects. 10 stocks we like better than Coinbase Global › There's a new reason to buy Coinbase Global (NASDAQ: COIN), the leading U.S.-based cryptocurrency exchange. But it has nothing to do with crypto. At the end of February, Coinbase rolled out commission-free 24/5 trading of stocks and exchange-traded funds (ETFs) for all U.S-based customers. That dramatically increases the scale and scope of Coinbase's reach, and further blurs the line between traditional financial markets and the crypto market. So what does it mean for the future of Coinbase stock? Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » The new "Everything Exchange" The rollout of 24-hour trading during weekdays of stocks and ETFs is part and parcel of the company's "Everything Exchange" strategy that debuted last year. At the time, Coinbase outlined a vision for the future in which tens of thousands of assets would eventually trade on the Coinbase platform. In January 2026, Coinbase debuted prediction market trading via a new partnership with Kalshi, one of the world's leading prediction markets. And now comes the debut of stocks and ETFs. Right now, more than 8,000 U.S.-listed equites are available for trading. If this expansion of trading becomes the success that many people think it will, then it could send the price of Coinbase soaring. Indeed, the initial response on Wall Street has been positive. During the past 30 days, Coinbase is up a robust 35% (as of March 6). How high can Coinbase go? The problem, however, is that Coi...
Data from Stocktwits showed that retail sentiment on SPY and QQQ remains ‘bearish.’ U.S. markets open the week in risk-off mode; rising geopolitical tensions in the Middle East sent oil soaring past the $100/barrel mark. Veteran strategist Ed Yardeni warned the escalating geopolitical situation could raise the probability of a market meltdown to 35%. Later this week, investors will monitor key eco...
Data from Stocktwits showed that retail sentiment on SPY and QQQ remains ‘bearish.’ U.S. markets open the week in risk-off mode; rising geopolitical tensions in the Middle East sent oil soaring past the $100/barrel mark. Veteran strategist Ed Yardeni warned the escalating geopolitical situation could raise the probability of a market meltdown to 35%. Later this week, investors will monitor key economic data, including inflation and GDP readings, which could shape expectations for Federal Reserve policy. U.S. stock futures signal a weak start to the week as geopolitical crisis in the Middle East sent oil prices soaring over $110 per barrel for the first time since 2022. This follows the closure of the Strait of Hormuz. Late Sunday night, President Donald Trump called rising oil prices a ‘very small price to pay’ amid escalating tensions. Veteran strategist Ed Yardeni raised the probability of a ‘market meltdown’ to 35%, citing the conflict in Iran as a primary threat to global stability. As of 4:00 a.m. ET on Monday, Dow, S&P, and Nasdaq futures fell 1.6%, while Russell 2000 futures declined nearly 3%. Meanwhile, retail sentiment toward the SPDR S&P 500 ETF (SPY), an exchange-traded fund that tracks the S&P 500 Index, and the Invesco QQQ Trust (QQQ) ETF, which tracks the Nasdaq 100 Index, has remained ‘bearish’ amid high message volumes. Trending Stocks To Watch Watch out for oil stocks (USO, INDO, BATL, TPET) amid the volatility in crude oil prices. Saudi Arabia has reportedly offered 4.6 million barrels via pipeline to ease pressure, but supply concerns remain high. Hims & Hers (HIMS): The stock surged over 40% in pre-market on Monday following reports of a weight-loss partnership with Novo Nordisk. Nvidia (NVDA): Billionaire investor Leo KoGuan has reportedly doubled his stake to 2 million shares. Micron (MU): The stock has garnered retail attention ahead of its S&P 500 inclusion later this month, alongside GE Vernova, Lam Research, and Applied Materials. It also ...
Warner Bros. Discovery (WBD) is the target of a $110 billion acquisition by Paramount Skydance (PSKY Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
Warner Bros. Discovery (WBD) is the target of a $110 billion acquisition by Paramount Skydance (PSKY Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.