Latest in Mounjaro and Zepbound sales disappoint, and Eli Lilly’s stock is dropping
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Brown-Forman laying off 648 people as stock price hits 10-year low and sales decline
Jack Daniels whiskey maker Brown-Forman Corp. said Tuesday it would cut 12% of its work force or about 648 jobs in the face of a 10-year-low in its stock price and four straight quarters of ...MarketWatch - 15h -
Moderna stock plunges nearly 17% after company lowers 2025 sales forecast by $1 billion
Moderna now expects 2025 revenue to come in between $1.5 billion and $2.5 billion, most of which will come in the second half of the year.CNBC - 1d -
Eli Lilly CEO expects new weight loss pill to be approved next year
Eli Lilly and its rivals are working to develop more convenient options than the injectable Zepbound and Wegovy, which dominate the weight loss drug market.CNBC - 1d -
There's a popular tech stock washout Monday as Palantir, Nvidia and Rigetti Computing drop
Popular technology stocks tumbled Monday as bond yields rose, dragging down tech-heavy Nasdaq-100 futures.CNBC - 1d -
Moderna’s stock tumbles to post-COVID lows after revenue outlook disappoints
Moderna’s stock tumbles after a disappointing outlook for revenue and the need to accelerate its cost-cutting plan.MarketWatch - 1d -
Eli Lilly strikes deal for cancer treatment, gives timeline for weight loss pill
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - 1d -
Macy’s stock slides as retailer warns Q4 sales could be weaker than expected
Macy’s gave its fourth-quarter update just days after announcing a slate of store closures.MarketWatch - 1d -
Ancelotti 'sad, disappointed' after Clásico humbling
Carlo Ancelotti said he was "sad and disappointed" at Real Madrid's 5-2 Supercopa final defeat to Barcelona in Jeddah, Saudi Arabia, on Sunday.ESPN - 1d -
Lululemon’s stock jumps as strong holiday sales show demand is improving
Lululemon’s stock rallies toward a 10-month high after guidance for profit, revenue and gross margin were raised.MarketWatch - 1d -
'It just didn't click': Jets look at another rebuild after disappointing season
Big names, like quarterback Aaron Rodgers, don't translate to wins for New York in 'gut wrenching' year.ESPN - 3d -
Venezuela's opposition supporters grapple with hope and disappointment after Maduro is sworn in
The inauguration of Venezuelan President Nicolás Maduro has left his opponents grappling with conflicting feelings of hope and disappointment, pondering why the leftist leader could not be stopped ...ABC News - 4d -
We're buying more of this retail stock that's showing positive sales momentum
The company is having a nice fourth quarter, according to a note published by Truist on Friday.CNBC - 4d -
Mercedes-Benz Car Sales Drop Amid Challenging Market
Car sales fell 3% to 1.98 million last year in a challenging global market, with top-end vehicle sales weighed by market conditions in China, model changes and weak electric-vehicle demand.The Wall Street Journal - 4d -
Medicare can now cover Eli Lilly's Zepbound for sleep apnea, Health Department agency says
It opens the door for broader coverage and access to Zepbound, which is not currently covered by Medicare and many other insurance plans for weight loss.CNBC - 5d -
Medicare can cover Zepbound for sleep apnea, creating a significant opportunity for Eli Lilly
Zepbound is not covered by Medicare or many other insurance plans as a treatment for weight loss. The injectable treatment costs about $1,000 a month without insurance.MarketWatch - 5d -
Greggs shares drop on sales slowdown
UK bakery chain blames ‘subdued high street footfall’ for weaker earningsFinancial Times - 5d -
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Eli Lilly's lead in the obesity race has grown. Its recent stock performance says otherwise
Eli Lilly has been one of the worst-performing Club stocks over the past six months.CNBC - 6d -
Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business
Fourth-quarter earnings hit by greater investments in advanced chip manufacturingFinancial Times - Jan. 8 -
2024 Patriots Stock Watch: Drake Maye shines, rookie WRs disappoint
What should we take away from the 2024 Patriots season? Our Patriots insiders Tom E. Curran and Phil Perry reveal their Stock Up and Stock Down picks.Yahoo Sports - Jan. 7 -
Nvidia’s stock suffers worst drop in months as CES speech lacked one big thing
Nvidia shares had run up in advance of the event, but CEO Jensen Huang didn’t mention Rubin, the company’s next chip family.MarketWatch - Jan. 7 -
Palantir’s stock sees sharpest drop since May as momentum cools
Bears criticized Palantir’s valuation for months as shares climbed higher. Is Wall Street paying more attention to the multiple now?MarketWatch - Jan. 7 -
Payments go out in $100M Verizon settlement, but people are disappointed
Payments have finally started going out in the $100 million class action lawsuit Verizon agreed to settle, but the deposits are falling short of people's expectations.The Hill - Jan. 7 -
Eli Manning says 'only one team' he'd take an ownership stake in: The New York Giants
Former New York Giants quarterback Eli Manning would consider becoming a minority owner of his old team if the Mara family is willing to sell him a stake.NBC News - Jan. 6 -
Eli Manning says 'only one team' he'd take an ownership stake in: The New York Giants
Former New York Giants quarterback Eli Manning told CNBC he's interested in becoming a minority owner of his former team, if the Mara family is willing to sell.CNBC - Jan. 6 -
Eli Health introduces Hormometer to test your hormones on a smartphone
This is how smart your smartphone is getting. Now it will be able to analyze your saliva and do a real-time hormone test.VentureBeat - Jan. 6 -
Garrett: Browns' '24 more disappointing than 0-16
Browns star Myles Garrett called the team's 3-14 finish this season "more disappointing" than Cleveland's winless year in 2017.ESPN - Jan. 5 -
Tesla's Annual Sales Dropped for the First Time—but the EV Industry Keeps Growing
Electric vehicle sales are growing globally overall, despite Tesla's recent slump.Wired - Jan. 4 -
Biden blocks US Steel sale
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Biden blocks US Steel sale President Biden has announced he will block the sale ...The Hill - Jan. 3 -
Ford, Rivian stocks get boost from sales after rival Tesla’s numbers fall short
Rivian and Ford shares are on the rise after both carmakers touted growth in EV sales.MarketWatch - Jan. 3 -
Apple offers rare iPhone discounts in China as foreign smartphone sales drop
Apple Inc. has kicked off the new year with iPhone discounts in China, underlining the challenges facing the tech giant in one of the world’s most populous countries.MarketWatch - Jan. 3 -
Seahawks' Williams: Pro Bowl snub 'disappointing'
Seahawks defensive tackle Leonard Williams made no attempt to hide how upset he was at being snubbed for this year's Pro Bowl.ESPN - Jan. 3 -
Barça's De Jong: Lack of trophies disappointing
Frenkie de Jong says he is disappointed at how few trophies he has won with Barcelona and that he will only stay at the club if he feels he can still contribute on the pitch.ESPN - Jan. 3 -
Tesla’s first-ever drop in sales is a bearish sign for 2025. Will autonomous vehicles be enough?
Tesla’s “golden goose” will be a robotaxi, one analyst says.MarketWatch - Jan. 3 -
Tesla sales dropped 1.1% in 2024, its first annual decline in a dozen years
Tesla’s global annual sales fell for the first time in more than a dozen years, a blow to a stock that has soared since Donald Trump's election and its CEO billionaire became a top policy adviser ...ABC News - Jan. 2 -
Tesla's annual sales drop for the first time in a decade
Tesla's increase in global sales in the fourth quarter was not enough to overcome a sluggish first half of the year.CBS News - Jan. 2