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  • J. Edward Moreno

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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.Source: Sherwood News.

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.Source: Sherwood News.

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.Source: Sherwood News.

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.Source: Sherwood News.

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.Source: Sherwood News.

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.Source: Sherwood News.

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. Source: Sherwood News.

OpenAI is reportedly working with Pentagon to hash out guardrails amid Anthropic standoff over AI safety

CEO Sam Altman said OpenAI shares Anthropic’s “red lines.” Source: Sherwood News.

Grindr rises after beating earnings, revenue expectations

The company reported earnings results on Thursday. Source: Sherwood News.