Finance

Discover the latest market movements: Zepbound drives Nasdaq up, while Nvidia and Tesla soar amid new developments. Meanwhile, Verizon and CrowdStrike face hurdles. Click to stay updated on these industry shifts.

Reddit is making big strides in the sports marketing world with new partnerships with major leagues like NFL, NBA, MLB, PGA Tour, and NASCAR. Users can expect exclusive content including player AMAs and behind-the-scenes videos. With the sports marketing sector booming, Reddit is capitalizing on the trend as it gears up for its IPO.

Boeing secures major orders for its 787 Dreamliner and 777 planes from Japan Airlines and Korean Air amidst competition with Airbus. The orders showcase Boeing’s strength in the aerospace market as they build on existing partnerships and modernize fleets.

Learn about Johnson & Johnson’s application to expand the use of its ketamine-based drug, Spravato, as a standalone therapy for treatment-resistant depression. Discover how Spravato works and the promising results from a late-stage clinical trial.

Discover the record-breaking fundraising efforts by Democrats following President Biden’s decision not to seek re-election! Find out how ActBlue and other pro-Biden groups are generating massive support and contributions for the upcoming 2024 election cycle.

General Motors exceeds expectations and raises financial targets for 2024 after a successful second quarter. CEO Mary Barra focuses on the growth of gas-powered models and commitment to expansion in the electric vehicle sector. The company’s strategic changes include shifting Cruise’s focus to the Chevrolet Bolt for autonomous vehicle development.

Discover the impact of weight loss drugs on soda sales in the U.S. as consumers opt for healthier alternatives. Dive into how major beverage companies like Coca-Cola are adapting to shifting consumer preferences and the latest trends affecting the industry.

Discover the findings of a recent report that sheds light on the practices of Pharmacy-benefit managers (PBMs) in directing patients towards pricier medications and limiting their pharmacy options. Learn more about the impact of PBMs on prescription drug costs and patient care.

Major banks are increasing provisions for credit losses, signaling a riskier lending environment ahead. With rising inflation and interest rates, consumers are feeling the squeeze, especially lower-income individuals. Despite concerns, the banking sector remains resilient for now.

Discover why home buyers are increasingly canceling their deals in a competitive real estate market. Learn what factors are leading to this trend and how it’s impacting the housing industry.

Read about the latest developments in the market, with insights on the impact of Zepbound on heart health, Nasdaq’s gains following political news, Nvidia’s collaboration for AI chips in China, Tesla’s stock surge ahead of earnings, and more.

Read about Boeing’s recent success in securing major orders from Japan Airlines and Korean Air for their 787 Dreamliner and 777 double-aisle planes. The move signifies Boeing’s efforts in reclaiming its market share following setbacks with the 737 Max.

Discover how Johnson & Johnson’s ketamine-based drug Spravato may offer new hope as a standalone therapy for treatment-resistant depression. Learn about its quick-acting effects and potential to help those who have not responded to traditional antidepressants.

Democratic groups have raised an impressive $100 million in just two days following President Biden’s announcement to not seek re-election. This surge in donations showcases the strong support for Democratic figures such as Vice President Kamala Harris and highlights the financial backing these candidates are receiving for their campaigns.

Learn about the insights and debates surrounding McDonald’s $5 meal deal. Will it reap profits or just attract customers with no significant gain for franchisees? Find out the details from industry experts and analysts.

Discover why the demand for GLP-1 drugs is on the rise and how it’s impacting patients with diabetes. Learn about the potential medication shortages and the shift in healthcare providers’ perspectives on these treatments.

Discover the shocking arrest of a South Korean billionaire and tech mogul for alleged stock manipulation involving a major K-Pop agency. Find out the details of the case and how it has impacted the tech company Kakao.

Discover how changing consumer preferences towards healthier lifestyle choices and weight loss options are impacting soda sales in the U.S. Coke and Pepsi’s strategies to adapt to this shifting landscape might surprise you.

Discover the concerning practices of Pharmacy-benefit managers (PBMs) revealed in a recent report by the House Committee on Oversight and Accountability. Find out how patients are being directed to costly medications and restricted from choosing their preferred pharmacies, shedding light on the influence PBMs have on prescription drug accessibility and affordability in the United States.

Major banks are increasing provisions for credit losses as interest rates soar and inflation persists. With $17.7 trillion in collective consumer debt, banks are gearing up for a riskier lending environment. Delinquency rates are rising, especially among lower-income consumers, as economic uncertainties loom. Despite strong revenues, banks are bracing for potential defaults in the coming…

Discover why hesitant buyers are causing a surge in home purchase agreement cancellations, impacting the real estate market. With rising costs and increased selectivity, find out how these challenges are influencing the decision-making process for prospective homeowners.