Who is left holding the bill if the price of insulin is capped

Senate Democrats are attempting to rein in the price of insulin through their social spending bill which will raise $739 billion in tax revenues. The 100-year-old drug has tripled in price over...

Eli Lilly Slashes Guidance After 'Significantly' Missing Quarterly Estimates; Shares Dive

Eli Lilly reported adjusted earnings of $1.25 per share on $6.49 billion in second-quarter sales. The results "significantly" missed expectations, SVB Securities analyst David Risinger said. For...

Futures Flat As Crushing 37bps Curve Inversion Screams Recession

Futures Flat As Crushing 37bps Curve Inversion Screams Recession US futures are mixed on Thursday, first trading in the red, then turning green before moving unchanged, as investors...

Futures steady after rally with all eyes on labor market data

- U.S. stock index futures were trading flat on Thursday after a rally that made the previous session the best in a week, with investors looking forward to weekly jobless claims data for clues...

Paramount revenue gets lift from 'Top Gun' sequel's blockbuster success

Breaking News - Paramount Global reported better-than-expected quarterly revenue on Thursday, powered by the May release of blockbuster Tom Cruise-starrer "Top Gun: Maverick" even as streaming...

Eli Lilly quarterly profit falls 31% on diabetes drug weakness

- Eli Lilly (NYSE:LLY) and Co on Thursday cut its full-year profit forecast for the second time after reporting a near one-third slump in quarterly profit on Thursday, hurt by lower prices of...

History and fifty club beckon BOE

A look at the day ahead in markets from Alun John Will the Bank of England make history today by raising rates by 50 basis points? Probably. Will markets react much to this? Probably not. Over 70%...

Dow Futures Little Changed After Positive Session, Lucid Reports

By Oliver Gray Investing.com - U.S. stock futures were trading slightly lower during Wednesday’s evening deals, following a positive close among major benchmark averages amid robust earnings and...

Regeneron profit tanks on zero U.S. sales from COVID drug for second quarter

-Regeneron Pharmaceuticals reported a 72.5% fall in quarterly profit on Wednesday, hurt by lacklustre sales of its COVID-19 antibody cocktail after the U.S. health regulator limited its use...

Dow Futures Ease Following Best Week Since 2020

By Oliver Gray Investing.com - Dow futures were trading slightly lower during Sunday’s evening deals, after major benchmark indices finished this week significantly higher and finishing July with...

Top 5 Things to Watch in Markets in the Week Ahead

By Noreen Burke Investing.com -- After data on Thursday showing that the U.S. economy is on the cusp of a recession this Friday’s monthly employment report will be even more highly anticipated...

OXY Stock, A Warren Buffett Favorite, Set To Report Earnings Along With These Fast-Growing Firms

OXY stock has held up better than a lot of other energy stocks as it battles for support at the 50-day moving average. Warren Buffett disclosed he bought another 12 million shares of OXY stock,...

Reinfection, severe outcome more common with BA.5 variant; virus spike protein toxic to heart cells

By Nancy Lapid - The following is a summary of some recent studies on COVID-19. They include research that warrants further study to corroborate the findings and that has yet to be certified by...

Oil Producers, Procter & Gamble, AstraZeneca: 3 Things to Watch

By Liz Moyer Investing.com -- Stocks notched a two-day rally as investors believe the Federal Reserve could slow the pace of interest rate increases after new data showed the economy slowed in the...

3 factors to keep in mind heading into the busiest week of earnings

Some of the biggest names in tech will report this week. Inflation can impact foreign exchange volatility. Investors and consumers alike are concerned with rising prices. The latest consumer price...

Q2 Earnings Season Should Be a Negative Catalyst for Equities

By Senad Karaahmetovic A Morgan Stanley strategist says the ongoing Q2 earnings season is likely a negative catalyst for equities in the coming weeks. The strategist is “skeptical” that companies...

Dow Jones Dives After Key Inflation Report

The Dow Jones Industrial Average sold off Thursday after a key inflation reading, threatening to extend this week's already-sharp losses. Key earnings movers were Acuity Brands, Constellation...

Dow Jones Futures Fall After Market Rallies; Here Comes Fed Chief Powell

Dow Jones futures fell sharply early Wednesday, along with S&P 500 futures and Nasdaq futures, with recession fears rising with Fed chief Jerome Powell set to testify before Congress on Wednesday...

Tuesday's market bounce allows us to raise some cash to buy in the next downturn

The portfolio will own 300 shares of AbbVie – decreasing its weighting to 1.57% from 1.91%. It will also reduce its Wynn Resorts holding by 100 shares priced at roughly $55.01 each. The market is...

Dow Jones Futures: What To Do As Bear Market Intensifies; Bitcoin Breaks $20,000

The Bitcoin price bounced somewhat Sunday after tumbling below $20,000 on Saturday. Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. The bear market...

Market Flashes Bearish Signals; What To Do Now

NetEase (NTES), Northrop Grumman (NOC), Eli Lilly (LLY), Albemarle (ALB) and Onsemi (ON) are all showing relative strength near buy points. The Nasdaq plunged Friday to close below the low of its...

Dow Jones Futures: Market Rally Sees More Would-Be Leaders Sink; Tesla, Nio News Looms

OECD slashes U.S. and global economic growth forecasts. Intel (INTC) and Altria (MO) tumbled as analysts grow wary. Oceangoing shipping stocks such as ZIM Integrated Shipping (ZIM) and Star Bulk...

Whistleblower sues Eli Lilly over drug manufacturing problems

A former human resources officer at Eli Lilly & Co (NYSE:LLY) sued the pharmaceutical company on Monday. She alleges she was terminated after pointing out poor manufacturing practices and data...

Dow Jones Futures Rally As Apple Jumps Ahead Of WWDC 2022; Twitter Dives On Elon Musk Filing

The Dow Jones Industrial Average rallied 200 points Monday. Apple stock jumped ahead of the company's WWDC 2022 developers event. Keurig Dr Pepper, VICI Properties and ON Semiconductor advanced...

Dow Jones Sells Off As Oil Prices Jump On EU Ban Of Russian Oil; Bitcoin Soars

The Dow Jones Industrial Average fell Tuesday morning, pausing after last week's sharp gains. Bitcoin briefly soared above $32,000, and U.S. oil prices jumped to a two-month high. Electric-vehicle...

Dow Jones Futures Rise After 'Hard' Reality Hits Market; What To Do Now

The stock market retreated sharply again last week, even with a furious final-hour rebound to erase Friday's losses. The Dow Jones undercut its May 12 lows on Thursday, with the S&P 500 and Nasdaq...

Dow Jones Futures: Market Correction Getting Worse, Tesla Breaks Down; What You Must Do Now

The major indexes all confirmed a new market rally on Tuesday. But that rally immediately ran into trouble with a big sell-off Wednesday. The Dow Jones undercut its May 12 lows on Thursday, with...

Dow Jones Futures: Stock Market Rally Shows Bullish Action; Broadcom Flashes Buy Signal

Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures. Fed chief Jerome Powell said policymakers need to see "clear and convincing evidence" of cooling inflation...

The FDA Approved Eli Lilly's Diabetes Drug. But the Most Exciting Market May Be Something Else

Lilly's new drug has been approved for Type 2 diabetes. The drug has shown impressive results in clinical trials. It will be sold under the brand name Mounjaro in the U.S. and in Europe. For...

The FDA Approved Eli Lilly's Diabetes Drug. But the Most Exciting Market May Be Something Else

Lilly's new drug has been approved for Type 2 diabetes. The drug has shown impressive results in clinical trials. It will be sold under the brand name Mounjaro in the U.S. and in Europe. For...

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