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J. Edward Moreno
Posts
Fundrise’s venture fund, which owns private tech giants like Anthropic and SpaceX, surges as retail investors pile in
The fund’s blockbuster public debut underscores how hungry retail investors are to get a piece of private companies.
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.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.