Latest in Stock Tumbles Drug
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Eli Lilly stock tumbles after drug giant misses estimates and slashes profit guidance
Skyrocketing demand for weight loss and diabetes drugs has forced Eli Lilly and Novo Nordisk, to invest billions to increase manufacturing capacity.Business - CNBC - 3 hours ago -
Biotech stock tumbles after unexplained 1,446% gain
Bright Minds Biosciences, which until this week had a lightly traded stock that traded at just over $1, tumbled in premarket trade on Wednesday following a meteoric rise.Business - MarketWatch - October 16 -
ASML’s stock tumbles after microchip equipment maker warns of slower recovery
ASML Holding, the Dutch microchip-equipment maker, saw its stock slide after saying the market recovery for semiconductors will take longer than expected.Business - MarketWatch - October 15 -
Lucid stock tumbles following public offering to raise $1.67 billion
Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital."Business - CNBC - October 17 -
Elevance Health’s stock slumps 13% as profit dented by ‘unprecedented’ Medicaid challenges
Elevance Health Inc.’s stock tumbled 13% Thursday and weighed on rivals after the health insurer’s third-quarter profit fell short of estimates amid ”unprecedented” challenges in the Medicaid ...Business - MarketWatch - October 17 -
Phunware’s stock tumbles more than 35% after CEO retires
Shares of Phunware Inc. were down more than 35% after the retirement of Chief Executive Mike Snavely from the mobile-advertising company.Business - MarketWatch - 5 days ago -
JetBlue’s stock tumbles as downbeat revenue outlook raises risk of more losses
JetBlue’s stock sinks after Q3 results beat expectations but the Q4 revenue outlook disappointed.Business - MarketWatch - Yesterday -
Eli Lilly’s stock dives as Mounjaro and Zepbound sales miss, but Citi says buy
Eli Lilly’s stock heads for biggest selloff in more than 4 years after sales of anti-obesity drugs Mounjaro and Zepbound came up well short of forecasts.Business - MarketWatch - 2 hours ago -
Super Micro’s troubles build as auditor resigns, sending stock tumbling 30%
Super Micro filing indicates Ernst & Young flagged governance concerns back in July, which was before a short seller’s report put them on the minds of investors.Business - MarketWatch - 2 hours ago -
CVS cuts outlook yet again — while swapping out CEO for a company veteran
“The shift in management is not surprising as the company looks to level set its operations and strategically position itself for future growth,” analyst said.Business - MarketWatch - October 18 -
Crocs’ stock tumbles 18% as earnings beat is offset by continued weakness at HeyDude brand
Crocs Inc.’s stock tumbled 16% Tuesday after the casual-footwear company’s better-than-expected third-quarter earnings were derailed by continued weakness at its HeyDude brand and a warning that it ...Business - MarketWatch - Yesterday -
Amgen’s stock falls as analyst warns that hype around obesity drug is baked in
Truist analyst Srikripa Devarakonda backs away from bullish call as competition mutes potential for biotech’s drug pipeline.Business - MarketWatch - October 14 -
Viking Therapeutics’ stock soars 18% as data on oral weight-loss drug looms
Viking Therapeutics Inc.’s stock soared 18% Thursday, after the biotech, which is developing a weight-loss drug in pill form that has raised high hopes among analysts and investors, posted earnings ...Business - MarketWatch - 6 days ago -
WATCH: Singer takes a tumble during concert
Olivia Rodrigo shocked fans in Melbourne, Australia, after she fell into a hole on the stage. She later posted on social media, saying she was doing fine after the incident.Top stories - ABC News - October 15 -
Crude oil tumbles as Middle East fears recede
Demand from China weaker than expected, says International Energy AgencyBusiness - Financial Times - October 15 -
England on brink of series defeat as wickets tumble after Pakistan fightback
Third Test, day two: England 267 & 24-3; Pakistan 344 Tourists still trail by 53 with openers and Ollie Pope gone Welcome to the house of Saud. England crossed the threshold on Friday hoping to ...World - The Guardian - 5 days ago -
Electrolux Shares Tumble After North America Weakness Weighs on Results
Electrolux shares fell sharply after the company reported third-quarter profit that missed analysts’ expectations on continued weakness in North America, where it is turning to promotions to entice ...Business - The Wall Street Journal - 5 days ago -
Oil tumbles after Israel refrains from attacking Iran’s refining facilities
Brent crude drops more than 6% as Tehran gives measured response to strikesWorld - Financial Times - Yesterday -
Shares in weight-loss drugmaker Eli Lilly tumble on disappointing sales
US group revises down upper end of full-year revenue estimatesBusiness - Financial Times - 5 hours ago -
Super Micro Computer Tumbles After Auditor EY Resigns
Ernst & Young has resigned as the auditor for Super Micro Computer after finding that it can no longer rely on management’s misrepresentations.Tech - The Wall Street Journal - 2 hours ago -
Weight loss drugs may help reduce drug and alcohol misuse: Research
Weight loss medications such as Ozempic may be able to cut drug and alcohol misuse in half, according to a new study from the scientific journal Addiction. The research, published Thursday, found ...Politics - The Hill - October 17 -
What is the recreational drug 'pink cocaine'?
A recreational drug called “pink cocaine” is getting attention and causing confusion since it doesn't typically contain cocaineEntertainment - ABC News - October 22 -
What is the recreational drug 'pink cocaine'?
A recreational drug called “pink cocaine” is getting attention and causing confusion since it doesn't typically contain cocaineHealth - ABC News - October 22 -
Oil prices drop over 4% after report Israel won’t target Iran’s oil facilities
Oil futures dropped by more than 4% on Tuesday, with U.S. and global benchmark prices settling at their lowest in about two weeks after a report that Israel will not attack key oil facilities in Iran.Business - MarketWatch - October 15 -
Sports Direct owner Frasers walks away from Mulberry bid; oil tumbles, dollar rallies – business live
Gold hits record high as conflict in the Middle East prompts investors to seek safe-haven assets. Azerbaijan, the host of the Cop29 global climate summit , will see a large expansion of fossil ...World - The Guardian - October 23 -
Platforma.bio by MiLaboratories is making waves in drug discovery
CONTRIBUTOR CONTENT: In the evolving field of bioinformatics, staying current is a challenge. For MiLaboratories, the challenge was creating software called Platforma.bio, which not only ...Tech - VentureBeat - October 17 -
Detective who stole £400k of seized drugs jailed
Greater Manchester Police officer Andrew Talbot, 54, stole the drug and sold it on to dealers.Top stories - BBC News - October 18 -
J&J's Ketamine-Derived Drug Is Taking Off
Spravato, a depression treatment derived from club drug ketamine, was looking like a dud. Its recent success now shows a path forward for psychedelic-based medicines.Business - The Wall Street Journal - October 21 -
Biden delivers remarks on lowering prescription drug costs
Watch live coverage as President Biden travels to New Hampshire to deliver remarks on his administration's efforts to lower the cost of prescription drugs.Top stories - NBC News - October 22 -
Organizations unite to promote 2025 Medicare drug changes
Many older Americans are unaware of the changes coming to Medicare’s prescription drug benefits in 2025 that could save them money, so public and private sector organizations are mobilizing to ...Politics - The Hill - October 22 -
NHS will not fund new drug to slow Alzheimer’s
A new drug that slows the pace of Alzheimer's disease is too expensive for too little benefit to be used on the NHS, the watchdog says.Top stories - BBC News - October 23 -
Cocaine use fuels record high in drug deaths
The number of drug-poisoning deaths registered in England and Wales has hit the highest level since 1993.Top stories - BBC News - October 23 -
Arizona border towns grappling with drug smuggling
CBS News correspondent Omar Villafranca is continuing his road trip along the U.S.-Mexico border with a stop in Yuma, Arizona, where border security is a top concern. Customs and Border Protection ...Top stories - CBS News - 6 days ago -
Fatal Drug Overdoses Are Dropping. Not Everyone Is Spared.
Federal officials have celebrated a striking drop in drug overdoses across the country. But state-level data shows that Black people are suffering significantly worse outcomes than white people.Health - The New York Times - 3 days ago -
Deadly drugs found in fake anxiety medicines being bought online in UK
A mother says she remains in "disbelief" at the lack of testing for the drugs when someone has died.Top stories - BBC News - Yesterday