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On Friday, Novo Nordisk A/S (NYSE:NVO) released headline results from the REDEFINE 1 Phase 3 trial in the global REDEFINE program.When evaluating the effects of treatment if all people adhered to treatment, people treated with CagriSema achieved a weight loss of 22.7% after 68 weeks compared to a reduction of 11.8% with cagrilintide 2.4 mg, […]
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ProShares UltraPro Short QQQ (NASDAQ:SQQQ), which offers leveraged inverse exposure to the Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), gained 3% to $28.95 Wednesday afternoon as the Federal Reserve delivered a dovish tone during its December meeting.SQQQ, designed to rise when the Nasdaq-100 falls, benefits from bearish sentiment toward growth-oriented technology stocks.What Happened: The Fed lowered […]
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Pudgy Penguins (CRYPTO: PENGU) newly launched token has found its way into established media, coinciding with a rally on Wednesday.What Happened: In a FOX Business interview on Tuesday, Robinhood CEO Vlad Tenev expressed skepticism about meme coins, calling them “distractions.” He noted how easy it is to create such tokens, gain liquidity and launch them […]
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Palantir Technologies Inc (NASDAQ:PLTR) stock surged an eye-popping 350% year-to-date.But just as retail investors celebrate their portfolios swelling, company insiders — including CFO David A. Glazer and CTO Shyam Sankar — are selling millions of dollars worth of shares.What Happened: In December alone, Glazer sold $23 million worth of shares, while Sankar offloaded a staggering […]
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In the current session, the stock is trading at $132.66, after a 1.69% spike. Over the past month, BWX Technologies Inc. (NYSE:BWXT) stock increased by 6.75%, and in the past year, by 60.65%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if […]
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Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance […]
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Top Democrats and officials from Vice President Kamala Harris’ presidential campaign are reportedly expecting her to lose to Donald Trump next week, triggering a blame game within the party.What Happened: Insiders from both Harris’ campaign and President Joe Biden’s administration are bracing for a Harris defeat, despite tight poll numbers, reports Axios.According to Axios’ Mike […]
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Insomniac Games has announced that Marvel’s Spider-Man 2 will not receive any additional story content, effectively ending fan hopes for downloadable content (DLC). This news arrived alongside Sony Group Corp’s (NYSE:SONY) confirmation that a PC version of the game will be released in January 2025, making it one of the fastest transitions from a PS5 […]
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Last week, Rivian Automotive (NASDAQ: RIVN) drastically slashed its 2024 outpout goal over yet another supply chain disrution. Bloomberg reported that a communication blunder left the EV maker without critical supplies. With this big blow to its supply chain, growth is in for a major setback this year as this supply chain fumble will cost […]
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The world of autonomous driving is rapidly approaching a key moment: Tesla Inc (NASDAQ:TSLA) is set to hold its Robotaxi event on Oct. 10.What Happened: The Austin, Texas-based car manufacturer is gearing up to make yet another bold move, despite divided public opinion on driverless technology. Nearly 63% of American adults would not ride in […]
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