Charles Schwab to buy private shares platform Forge Global in $660 million deal
Charles Schwab on Thursday agreed to buy private shares platform Forge Global in a deal valued at $660 million.
Eli Lilly to start late-stage trials on amylin obesity drug after it shows up to 20% weight loss in study
The highest dose of Eli Lilly’s weekly injection helped patients with obesity or who are overweight lose 20.1% of their body weight on average at 48 weeks.
NWSL creates star-studded advisory board to guide league’s growth
NWSL Commissioner Jessica Berman is leaning on her star-studded ownership groups to help shape the league’s future.
Axon Enterprise CEO explains new acquisitions in emergency call space
Axon Enterprise CEO Rick Smith said his company’s recent acquisitions are helping to modernize emergency call services in an interview with CNBC’s Jim Cramer.
Nvidia’s Jensen Huang softens his ‘China will win the AI race’ remark to FT
Nvidia CEO Jensen Huang reportedly told the Financial Times that “China is going to win the AI race,” before releasing a notably softer statement soon after.
Shipping giant Maersk raises outlook, CEO says global trade proving more resilient than feared
Shipping giant Maersk on Thursday raised its full-year operating profit forecast to between $9 billion and $9.5 billion.
Bank of England rate cut a close call ahead of the Autumn Budget
While the central bank is more likely to hold rates than not, it’s not a given, according to economists.
Stock futures slightly lower after AI trade recovers from pullback: Live updates
Stock futures slightly lower on Wednesday as investors’ jitters over AI stock valuations improved.
Asia-Pacific markets rise, tracking Wall Street gains as AI stocks rebound
Investors in the region are looking to Chinese autonomous vehicle firms WeRide and Pony.ai’s listing debut in Hong Kong later in the day.
Microsoft letting employees raise concerns about products after Middle East controversy
Microsoft employees can now request Trusted Technology Reviews when they want to report on concerning uses of the company’s products.