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  • J. Edward Moreno

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Estée Lauder says it is in talks to buy Puig Brands

The American beauty giant is in the midst of a turnaround plan that it says will cost up to $1.6 billion. Shares in each company…

Lawmakers to introduce bill banning sports contracts on prediction markets: WSJ

Sports-related contracts have come to take a good chunk of prediction market volumes.

Novo says FDA has approved high-dose Wegovy shot

Wegovy HD was the first drug to be approved through the FDA’s new priority voucher system.

Novo says FDA has approved high-dose Wegovy shot

Wegovy HD was the first drug to be approved through the FDA’s new priority voucher system.

Lilly reports encouraging trial results for its next-gen GLP-1 shot

Patients taking the highest dose of retatrutide lost 16.8% of their body weight after 40 weeks, more than its current bestseller, tirzepatide.

Optics stocks rise as executives signal more AI-related demand

Optics companies have rallied this year on expectations of higher demand for the components they make.

AI drone company Swarmer soars on IPO debut

Its technology has been used on the battlefield in Ukraine, and the company’s IPO comes amid the ongoing conflict in Iran.

Eli Lilly receives its only sell rating from HSBC, which cites smaller market for weight-loss drugs

HSBC also cut its price target to $850 from $1,070. The stock is currently trading around $989.

Trump says he has ordered all federal agencies to cease use of Anthropic’s products

Trump said agencies like the Department of War will phase out Anthropic’s products over the next six months.