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JetBlue’s stock slides 16%, on pace for biggest decline in 4 years, after first-quarter loss widens
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Amgen stock soars on weight loss injection progress as Novo Nordisk, Eli Lilly shares slide
Amgen's update fueled concerns about potential new competition in the weight loss drug market, sending shares of Novo Nordisk and Eli Lilly lower.CNBC - Business -
Apple stock has best day since 2022 after earnings beat, $110 billion stock buyback
Apple shares popped on Friday after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback program.CNBC - Business - Apple -
FuboTV’s stock dives as excessively high licensing costs led to loss of content
FuboTV’s took a dive Friday, after the sports-first TV-streaming company reported a first-quarter loss that was only half what was expected, but said monopolistic, extremely high content costs led to the loss of some programming.MarketWatch - Business -
Wegovy maker Novo Nordisk extends losses following first-quarter results
Analysts pored over the details in its first-quarter results and monitored a potential rival weight loss treatment.CNBC - Business -
Amgen’s obesity drug puts stock on pace for best day since 2009 as analysts predict big gains to come
One analyst says Amgen’s stock is in the ”early innings of a large move,” fueled by an experimental obesity drug.MarketWatch - Business
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Paramount’s new ‘Office of the CEO’ now has a leader — while its ex-CEO will still collect a hefty paycheck
Paramount Global has named Chris McCarthy as interim principal executive officer of its new three-executive leadership team, the media conglomerate said.MarketWatch - Business -
Vistra Corp. to join S&P 500 index, replacing Pioneer Natural Resources
The electric utility company replaces Pioneer Natural Resources Co. after the latter’s acquisition by Exxon Mobil Corp.MarketWatch - Business -
Whirlpool says it’s planning additional layoffs under restructuring plan
Whirlpool Corp. said Friday that it plans additional layoffs to the 1,000 it announced as part of a global restructuring plan in late April.MarketWatch - Business -
Boeing’s Starliner set for historic launch that will take two NASA astronauts into space
Boeing Co.’s Starliner spacecraft is set to make its first crewed flight to the International Space Station on Monday, carrying two NASA astronauts to the orbiting space lab.MarketWatch - Business - NASA -
Luminar’s stock falls as lidar maker plans to lay off 20% of workforce as part of restructuring plan
Shares of Luminar Technologies Inc. dropped more than 9% in extended trading Friday after the maker of lidar and other sensors for self-driving vehicles said it was cutting its workforce by 20% as part of a restructuring plan.MarketWatch - Business