Making Money Off the Weight Loss Revolution Has Even Wall Street Befuddled

Hoping for a weight-loss pill? It could get closer to reality next week.

Viking Therapeutics Inc.’s stock rose 2% Friday as excitement continued to build about data on its oral weight-loss drug the company will present at the upcoming Obesity Week event.

Business - MarketWatch - November 2

The Novo Nordisk scientist behind Ozempic, Wegovy weight loss research

Drugs Ozempic and Wegovy have slimmed down Hollywood stars — and millions of non-celebrities worldwide — while adding great heft to the economy of Novo Nordisk’s home country, Denmark.

Weight loss drug industry injects wealth into Novo Nordisk home country

Drugs Ozempic and Wegovy have slimmed down Hollywood stars — and millions of non-celebrities worldwide— while adding great heft to the economy of Novo Nordisk's home country, Denmark.

Viking Therapeutics’ weight-loss pill shows ‘great outcome’ in trial

The stock, which enjoys the unusual position of having all buy ratings from the 13 analysts offering coverage on FactSet, has been on a tear this year, gaining 270% to date in 2024.

Business - MarketWatch - November 4

Counterfeit weight loss drugs sold online as demand for cheaper options grows

A surge in counterfeit versions of popular weight loss drugs is raising health concerns. U.S. Customs is intercepting fake medications with potentially harmful effects. Tom Hanson reports on the ...

Counterfeit weight loss drugs feed demand for cheaper options

Record demand for Ozempic, Wegovy and other weight loss drugs is fueling a surge of dangerous knockoffs.

Ozempic, Wegovy popularity leads to rise of fake weight loss drugs

The demand for weight loss drugs like Ozempic and Wegovy has led to a flood of fake drugs hitting the market. However, these counterfeit medicines can be harmful to people's health. Tom Hanson has ...

Mother-of-two dies during Turkey weight-loss op

Janet Savage paid £2,750 for the procedure but stopped breathing during surgery.

Optimism on Wall Street, and Harris Agrees to a Fox News Interview

Plus, an investigation into China’s panda factories.

Top stories - The New York Times - October 15

Citigroup earnings top estimates, but stock falls as bank boosts loan loss reserves

The bank's third-quarter report was stronger than Wall Street expected but still showed a year-over-year decline in earnings.

Business - CNBC - October 15

Wall Street’s most frustrating ‘pain trade’ looks set to continue

For Wall Street’s professional money managers, the biggest “pain trade” right now is the ongoing rally in stocks following a massively successful two-year bull run.

Business - MarketWatch - October 15

Netflix adds 5 million subscribers and beats Wall Street's profit expectations

Netflix reports strong third-quarter earnings, in a sign that its content mix, including "Emily in Paris," and its password-sharing crackdown are still paying off.

Entertainment - Los Angeles Times - October 17

Wall Street hates Treasurys. Maybe it’s time to give them some love.

Maybe it’s time to show them a little appreciation.

Business - MarketWatch - October 19

Top Wall Street analysts like these stocks for their growth prospects

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Nvidia and Fortinet.

Business - CNBC - October 20

Behind Many Powerful Women on Wall Street: A Doting 'Househusband'

More men are staying home to facilitate the complex juggle of family life and their wives’ high-powered careers.

Business - The Wall Street Journal - October 21

Wall Street analysts get it wrong on two of our portfolio industrial stocks

New research from Wall Street analysts missed the mark on Stanley Black & Decker and DuPont.

Business - CNBC - October 21

Lucid CEO defends $1.75 billion capital raise following stock drop

Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.

Business - CNBC - October 22

Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise

DETROIT — Investors misinterpreted a public offering last week by Lucid Group that raised roughly $1.75 billion — and led to the stock’s worst daily performance in nearly three years — CEO Peter ...

Wall Street is worried stocks might be on the cusp of a ‘lost decade’

Stocks have been on a terrific run over the past decade. But the years ahead might not be quite so spectacular.

Business - MarketWatch - October 22

Wall Street Journal, NY Post sue AI startup

Media conglomerate News Corp, the conglomerate that owns the Wall Street Journal, New York Post and a number of other media properties, is suing artificial intelligence (AI) startup Perplexity over ...

Politics - The Hill - October 22

The Wall Street Veteran Leading Disney's Search for Iger's Replacement

James Gorman wanted a challenging board role after nailing succession at Morgan Stanley. He’s getting one at Disney.

Business - The Wall Street Journal - October 22

A Key Corner of Wall Street Is Pricing in a Trump White House and No Recession

Bond traders have responded to strong economic data by lowering their forecasts for Fed rate cuts.

Business - Inc. - October 23

Wall Street slumps as rates climb, and more negativity on the iPhone 16 emerges

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Business - CNBC - October 23

Tesla shares leap 22% after Musk predicts sales rebound

EV maker adds more than $150bn in market value after billionaire says sales may increase as much as 30% next year

Business - Financial Times - October 24

Tesla Surprises Wall Street With Strong Third-Quarter Results

The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.

Business - The Wall Street Journal - October 24

Markets are moving in mysterious ways — and Wall Street is struggling to explain why

Traditional relationships between stocks, bonds, currencies and commodities like gold are breaking down once again in 2024. This time, even many financial professionals are at a loss to explain ...

Business - MarketWatch - October 26

A New Business on Wall Street: Defending Against D.E.I. Backlash

Companies are conducting vulnerability assessments, compiling research reports and writing plans for what to do if their diversity efforts come under attack.

Business - The New York Times - October 27

Visa says spending trends are stable, and this time Wall Street agrees

Visa’s CFO expects the “stable and resilient consumer” to keep up such spending trends into the company’s new fiscal year.

Business - MarketWatch - October 29

Robinhood earnings disappoint Wall Street despite company’s upward trajectory

The online brokerage’s third-quarter earnings missed analyst forecasts for both revenue and earnings per share.

Business - MarketWatch - October 31

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