Eli Lilly, Novo Nordisk Stocks Rise on Reported $149 Obesity Drug Deal with White House
Eli Lilly and Company (NYSE:LLY) shares are in the spotlight following reports indicating the company is close to finalizing a White House agreement to provide its lowest-dose obesity medications at $149 per month, which could open the door to Medicare coverage and broader reimbursement options. What Happened: Eli Lilly and Novo Nordisk (NYSE:NVO) are reportedly […]
Apple Stock Is Trending Down: What’s Going On?
Apple Inc (NASDAQ:AAPL) shares are sliding on Monday after climbing to new highs last week. Here’s a look at what’s going on. AAPL shares are under pressure. See what the experts say here. What To Know: Apple investors appear to be circling a Bloomberg report focused on the year ahead for Apple. According to Bloomberg’s Mark […]
Apple Supplier Qorvo’s Shares Surge 11% Pre-Market On Tuesday — What’s Going On?
Shares of Apple supplier Qorvo (NASDAQ:QRVO) surged 11% in pre-market trade on Tuesday, after a report said rival Skyworks Solutions (NASDAQ:SWKS) held talks in recent months to buy the company. Qorvo’s $8 Billion Market Cap Skyworks, which supplies radio frequency chips to Apple (NASDAQ:AAPL) and other smartphone makers, has a market cap of about $11 […]
UnitedHealth’s Optum UK Draws Interest As Private Equity Firms Circle
The UK division of UnitedHealth Group‘s (NYSE:UNH) Optum, which operates the electronic patient record system EMIS used by most British general practitioners (GPs), is attracting private equity interest just two years after its acquisition. Several other major financial investors are reportedly in the early stages of evaluating potential bids for Optum UK. Sources familiar with […]
Johnson & Johnson In Talks To Acquire Protagonist Therapeutics: Report
Johnson & Johnson (NYSE:JNJ) is reportedly in discussions to acquire Protagonist Therapeutics (NASDAQ:PTGX). Citing people close to the talks, the Wall Street Journal reported that the deal is not guaranteed, and the terms have yet to be finalized. Year to date, Protagonist Therapeutics’ stock has gained around 132%, as per data from Benzinga Pro. Partnership […]
Opendoor Stock Is Trading Lower Monday: What’s Happening?
Opendoor Technologies Inc (NASDAQ:OPEN) shares are falling on Monday after hedge fund manager George Noble posted on X that the company is “total garbage,” raising concerns about the stock’s recent rally. What Happened: Noble, who has founded two billion-dollar hedge funds and was an assistant to famed investor Peter Lynch, criticized the iBuying platform following […]
QuantumScape, Tesla Rumors Swirl: Here Are The Facts
Market speculation is mounting on a potential tie-up between QuantumScape Corp. (NYSE:QS) and Tesla, Inc. (NASDAQ:TSLA). While no official announcement has been made, there are some notable links between the battery maker and the EV giant. Here’s a look at the facts that are fueling the rumors. QS stock has gained 66% this month. Check […]
Agri-Science Giant Corteva Eyes Breakup To Shield Seed Unit From Future Risks: Report
Corteva Inc. (NYSE:CTVA) is reportedly considering a major restructuring that would split its seed and pesticide operations into two separate entities. The pure-play agriculture company, valued at roughly $50 billion, could announce its plans soon if negotiations stay on track. Corteva offers a portfolio of seed and crop protection solutions. The move would mark another significant […]
Deal Dispatch: White House Mute On TikTok, BBVA’s $18 Billion Takeover Offer Rejected
New On The Block Siemens Healthineers is chatting with major private equity firms about a potential sale of its diagnostics business. According to Bloomberg, Blackstone, CVC, KKR, and Montagu are interested. The segment is valued at over €6 billion ($7 billion). The company’s imaging and cancer-care-focused Varian units are not included. Siemens AG (OTC:SIEGY) remains […]
Opendoor’s Meme Stock Mania Gets Comedic Twist
Opendoor Technologies, Inc. (NASDAQ:OPEN) shares climbed Monday as retail investors continued a massive rally and social media buzz suggested a famous comedian is buying into Opendoor. OPEN stock is climbing. See the real-time price action here. “You Can Do It!” On Sunday evening, leader of the “OPEN Army” Eric Jackson hinted that a celebrity will […]