Novo Nordisk pops 8% after Hims & Hers pulls copycat Wegovy weight-loss pill
Novo Nordisk shares jumped 8% Monday after Hims & Hers said it will pull its copycat weight-loss pill off the market.

Novo Nordisk shares jumped 8% Monday after Hims & Hers said it will pull its copycat weight-loss pill off the market.
The update comes shortly after U.S. President Donald Trump threatened tariffs on any country that supplies Cuba with oil.
The new Epstein files released by the DOJ show that the deceased financier was able to build relationships across Silicon Valley, from Bill Gates to Peter Thiel.
U.S. Treasury yields were up to begin the week as investors looked ahead to a flurry of economic data, including the delayed January jobs report.
Artificial intelligence is adding a new layer of uncertainty to the private credit industry, raising concerns that some lenders may face rising defaults.
Takaichi led the ruling Liberal Democratic Party to a supermajority in the Lower House, securing 316 seats in Japan's largest election win since World War Two.
Gen Z and millennials deleting their social media platforms cite the increasing pressures of being online as well as the damage to their mental health.
NFL plans to look outside traditional media for potential partners for live games, NFL Media chief Hans Schroeder said.
Japan's Sanae Takaichi and her ruling Liberal Democratic Party overwhelmingly found the support of voters in a Sunday election, sweeping a supermajority.
Elon Musk's net worth soared past $800 billion this week after he merged SpaceX with xAI in a deal that valued the combined entity at $1.25 trillion.
Commerce Secretary Howard Lutnick previously said on a podcast that he had cut ties with the notorious sex offender since an initial 2005 encounter.
Prediction markets Kalshi and Polymarket are offering trades on which companies will air Super Bowl ads, prompting concerns about potential insider trading.
Lai, who had pleaded not guilty to all charges, was among the first prominent figures arrested under Beijing's security law in August 2020.
The week ahead brings earnings from two more portfolio names — plus, three important economic reports.
Shares of Chinese chip designer Montage Technology surged 60% in its Hong Kong trading debut on Monday following an initial share sale that raised $902 million.
The ruling Liberal Democratic Party captured a two-thirds supermajority in the 465-seat lower house, public broadcaster NHK reported.
The FBI last month raided an election facility central to President Donald Trump's debunked claims of fraud in the 2020 election.
PM Takaichi's Liberal Democratic Party is likely to win between 274-328 seats in the Lower House, higher than the 233 seats needed for a majority, NHK says.
Hims & Hers on Saturday announced it would stop offering its copycat of the weight-loss pill Wegovy after threats of legal action.
The Trump administration's growing portfolio of direct investments is unprecedented outside an economic crisis or wartime.
In recent earnings, some companies proved their ability to capitalize on solid growth opportunities offered by the ongoing AI boom through strong execution.
The trend toward a two-year degree or even shorter-term credential — also dubbed "un-college" — will gain steam in 2026, experts say.
American Airlines made $111 million last year, while rivals Delta Air Lines and United Airlines, brought in $5 billion and $3.3 billion, respectively.