Shares of Hims & Hers Health plunged a massive 25% on Friday to hit an intraday low of around $49.01. The massive crash came after the US Food and Drug Administration (FDA) announced the end of the shortage of Novo Nordisk’s weight-loss drugs.Despite this setback, HIMS stock had surged 43%…
President Trump’s tariff threats have boosted stock market volatility, but not by much. Despite some relatively large intra-day swings, traders have taken tariffs in their stride. This may be due to the lack of much follow-through, despite all the bluster, coupled with the popular view that deals will be done…
Amid growing scrutiny and a shifting political landscape, Coca-Cola is making a bold statement about the importance of diversity, equity, and inclusion (DEI). The beverage giant has explicitly warned that any changes to its policies designed to diversify its workforce could have adverse effects on its business.Diversity as a business…
B3 reported a recurring net profit of R$1.2 billion ($208 million) for the fourth quarter of 2024, reflecting a 13.6% increase compared to the same quarter in 2023 but a 2% decline from the previous quarter.Total revenue came in at R$2.67 billion, marking a 7.0% year-over-year rise but a 1.6%…
Domino’s (DPZ) is set to report its fourth-quarter results on Monday, and investors are hungry for more than just pizza. After a year of mixed performance, Wall Street is looking for signs that the company can continue to deliver growth, particularly in the face of challenges in its international operations.Beyond…
Japan boasts the world’s second most powerful passport, allowing visa-free access to 190 destinations. Yet, only 17.5% of its population holds one, raising questions about why so few Japanese citizens take advantage of global mobility.This figure, based on data from December 2024, represents just 21.6 million passports in circulation.Despite a…
Four global banks—Citi, HSBC, Morgan Stanley, and Royal Bank of Canada—have been fined a combined total of more than £100mn by the UK’s Competition and Markets Authority (CMA) following an investigation into the exchange of sensitive information about gilt trading. The regulator found that between 2008 and 2013, a small…
Oil is headed for its biggest weekly gains since the middle of January as supply disruptions and rising demand supported sentiments. A weaker US dollar also boosted demand for the commodity. A weaker dollar makes commodities priced in the greenback cheaper for overseas buyers. Oil’s gains this week come despite losses on…
UnitedHealth Group (UNH) shares declined more than 11% in premarket trading after The Wall Street Journal reported that the Justice Department has launched a civil fraud investigation into the company’s Medicare billing practices. Shares were trading around $443.53 following the report.The probe examines how UnitedHealth records diagnoses that lead to…
President Trump’s tariff threats have boosted stock market volatility, but not by much. Despite some relatively large intra-day swings, traders have taken tariffs in their stride. This may be due to the lack of much follow-through, despite all the bluster, coupled with the popular view that deals will be done…