Doubts about a high-profile new product dampened investor enthusiasm for Eli Lilly (NYSE: LLY) stock on Friday. The giant pharmaceutical company didn't have a good trading session, with sell-offs driving its price down by almost 4% over the course of the day. The product in question is Eli Lilly's Foundayo, the company's first pill approved by the U.S. Food and Drug Administration (FDA) for weight...
Doubts about a high-profile new product dampened investor enthusiasm for Eli Lilly (NYSE: LLY) stock on Friday. The giant pharmaceutical company didn't have a good trading session, with sell-offs driving its price down by almost 4% over the course of the day. The product in question is Eli Lilly's Foundayo, the company's first pill approved by the U.S. Food and Drug Administration (FDA) for weight loss. Hopes were high for the drug, particularly given the success of Zepbound, the obesity treatment administered by injection that's been a hot seller for the company. Image source: Getty Images. Continue reading
Video Game Triggers Leftist Mob With Story Of Man Protecting A Child The political left has proven time and time again that they hate inherent masculine traits, almost as much as they hate the nuclear family and healthy population growth in the west. Positive portrayals of the heterosexual nuclear family are in steep decline. Children are rarely seen in media, with a disturbing uptick in adults ac...
Video Game Triggers Leftist Mob With Story Of Man Protecting A Child The political left has proven time and time again that they hate inherent masculine traits, almost as much as they hate the nuclear family and healthy population growth in the west. Positive portrayals of the heterosexual nuclear family are in steep decline. Children are rarely seen in media, with a disturbing uptick in adults acting like children while marketing products typically reserved for kids. It's as if children and happy families are being erased from popular culture. This agenda is made even more apparent by the bizarre reactions of feminists and left wing activists to any positive portrayals of normal family dynamics. Specifically, straight white male role models and white fathers are not allowed to enter the picture. If there is any form of family in media, it must be a single mother and "girl boss" raising the children on her own, or, mixed-ethnicity couples. Even then, fatherly influence is largely diminished. This propaganda rule especially applies to video games where young men are most likely to be exposed. The recent release of the sci-fi action game "Pragmata" has caused a significant stir on social media, triggering the feminist gestapo and enraging them. In response, they have launched a disturbing (and revealing) propaganda campaign to associate the game with "pedophile content". Even left-wing gaming media outlet Kotaku has noticed the strange reaction among woke activists to "Diana", suggesting that this is an overreaction by a society now overwhelmed by the Epstein Files (though most people have never actual read them), as well as dark tales of child abuse from the bowels of studios like Nickelodeon. Though, they still attempt to justify leftist paranoia by claiming that the right wing's defense of the game and its positive messaging on fatherhood is causing the reaction. In other words, conservatives viewing it as a cultural "win" against the woke erasure of fathers in ent...
CNBC's Jim Cramer said Friday that next week's packed slate of tech earnings will test the mettle of a market driven overwhelmingly by a surge in artificial intelligence-related stocks. "This market is a beast," said the " Mad Money " host. "More accurately, it's a beast if you own anything connected to the data center." The S & P 500 and Nasdaq Composite closed Friday at record highs, powered by ...
CNBC's Jim Cramer said Friday that next week's packed slate of tech earnings will test the mettle of a market driven overwhelmingly by a surge in artificial intelligence-related stocks. "This market is a beast," said the " Mad Money " host. "More accurately, it's a beast if you own anything connected to the data center." The S & P 500 and Nasdaq Composite closed Friday at record highs, powered by a rally in chipmaker Intel and other stocks that benefit from the massive AI infrastructure buildout. It will be challenged in the week ahead, Cramer warned. "Next week is the most important week of the quarter for tech," he said, arguing it will show "if everything was a little too much or not." Monday Verizon reports in the morning, offering a reminder that consistency still matters. Cramer highlighted its yield and steady returns as a contrast to high-flying tech names. Steelmaker Nucor also reports. He called it "the best industrial in the market," and believes a pullback could create a more attractive entry point to own the stock. Tuesday Corning kicks things off. Cramer's Charitable Trust, the portfolio used by the CNBC Investing Club, owns Corning. The increasing use of fiber-optic cables instead of copper wiring inside data centers is a big win for Corning, Cramer said. After the close, brokerage app Robinhood reports. Cramer said market volatility should translate into a strong quarter, though questions remain about whether the platform can expand beyond its core trading base. Cramer said Bloom Energy could have a "gigantic quarter" thanks to its solid-oxide fuel cell technology that's capable of generating electricity without combustion. Starbucks also reports, with the stock quietly climbing in recent weeks. The stock has struggled to break through the $100 level, but Cramer suggested the results may finally push it higher. Wednesday "Wednesday is about as consequential as any day I have seen in my entire career," Cramer said, pointing to a packed slate of earnin...
Shares of X-Energy, a nuclear energy company, closed their first day of trading at $29.20, 27% above the IPO share price of $23. X-Energy is the first major advanced nuclear developer to reach public markets via a traditional IPO. The company’s path to its Friday debut on the Nasdaq included a SPAC merger agreement with an Ares-backed blank-check firm that was not consummated. The company, which d...
Shares of X-Energy, a nuclear energy company, closed their first day of trading at $29.20, 27% above the IPO share price of $23. X-Energy is the first major advanced nuclear developer to reach public markets via a traditional IPO. The company’s path to its Friday debut on the Nasdaq included a SPAC merger agreement with an Ares-backed blank-check firm that was not consummated. The company, which develops nuclear reactors and new nuclear cooling technologies, raised $1.02 billion in proceeds from
Late leveller is fresh blow to Madrid’s faint title hopes RB Leipzig’s 3-1 win is marred by online sexism row Héctor Bellerín struck deep into stoppage time to earn Real Betis a 1-1 draw against Real Madrid on Friday, dealing another blow to the visitors’ fading title hopes. Álvaro Arbeloa’s side appeared on course for a narrow win after taking the lead in the 17th minute. Federico Valverde let fl...
Late leveller is fresh blow to Madrid’s faint title hopes RB Leipzig’s 3-1 win is marred by online sexism row Héctor Bellerín struck deep into stoppage time to earn Real Betis a 1-1 draw against Real Madrid on Friday, dealing another blow to the visitors’ fading title hopes. Álvaro Arbeloa’s side appeared on course for a narrow win after taking the lead in the 17th minute. Federico Valverde let fly from outside the box and the Betis goalkeeper, Álvaro Valles, could only parry the ball into the path of Vinícius Júnior, who reacted swiftly to guide a neat finish just inside the right post. Continue reading...
USA Rare Earth recently announced a $2.8 billion acquisition of Brazil’s Serra Verde Group, which is expected to close in the third quarter. It comes as comes as the US and its allies scramble to secure alternative supplies of rare-earth elements, a market long dominated by China. The minerals are used in high-strength magnets employed in consumer electronics, cars and defense systems. Barbara Hum...
USA Rare Earth recently announced a $2.8 billion acquisition of Brazil’s Serra Verde Group, which is expected to close in the third quarter. It comes as comes as the US and its allies scramble to secure alternative supplies of rare-earth elements, a market long dominated by China. The minerals are used in high-strength magnets employed in consumer electronics, cars and defense systems. Barbara Humpton, CEO of USA Rare Earth, joins Bloomberg Businessweek Daily to discuss, calling the deal "transformative," adding that it will make USA Rare Earth "the global leader" in the space. Humpton speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)