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Hims & Hers Health stock continues rally, rises 7% in premarket trading
Shares of Hims & Hers Health (NYSE:HIMS) climbed as much as 7.2% in premarket trading on Thursday, building on a 10% surge recorded during Wednesday’s session. The stock is now on track to post gains for a fourth consecutive day. By the close of trading on Wednesday, the company’s shares had already surged about 64%…
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Lilly flags impurity in compounded versions of its weight-loss drug, warns of potential health risks
Eli Lilly (NYSE:LLY) said compounded weight-loss treatments that combine vitamin B12 with the active ingredient used in its Zepbound drug may pose health risks because of a newly identified impurity formed during preparation, according to a public letter released by the U.S. pharmaceutical company on Thursday. The letter, based on Lilly’s testing of compounded products,…
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Tesla wins licence to supply electricity to UK households
Tesla (NASDAQ:TSLA), the company led by Elon Musk, has been cleared to begin supplying electricity directly to households in the United Kingdom after receiving approval from the country’s energy regulator on Thursday. The move introduces a new competitor to the market at a time when consumers are increasingly concerned about rising energy bills. Regulator Ofgem…
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Petco shares jump as annual EBITDA outlook beats forecasts
Petco Health and Wellness Company (NASDAQ:WOOF) reported a quarterly loss and declining sales for the fourth quarter, while projecting only modest revenue growth for the year ahead. Despite the weaker earnings performance, the company’s shares surged about 16% in premarket trading after its adjusted EBITDA outlook came in above analyst expectations. The pet retailer posted…
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Oil jumps 6% after tanker attacks near Iraq and disruption at Oman port
Oil prices climbed sharply early Thursday, briefly pushing back above the key $100-per-barrel threshold as fresh signs of disruption in energy markets emerged amid the ongoing U.S.-Israel conflict with Iran. Although crude later gave up part of its gains following continued discussion about emergency stockpile releases by major economies, prices still remained firmly higher on…
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Gold slips below $5,200 as Iran conflict lifts oil and the dollar
Gold prices moved lower during Asian trading on Thursday, dropping back into the range that has held for more than a week as the ongoing U.S.-Israel conflict with Iran continued to support oil prices and the U.S. dollar. Although bullion remained largely confined between $5,000 and $5,200 per ounce, it continued to show some resilience…
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Oil surges past $100 as Middle East tensions escalate; Adobe results ahead: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures moved lower early Thursday as investors reacted to intensifying conflict in the Middle East. Oil prices again pushed above the $100-per-barrel mark after attacks on shipping near a strategic waterway south of Iran raised fears of prolonged supply disruptions. Gold prices steadied but remained pressured by inflation concerns linked to the oil…
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US President Trump and the AI hyperscalers! Siemens Energy, Nordex, and Stallion Uranium shares in focus
Major AI companies in the US are taking on greater responsibility for the energy supply of their data centers. At a recent meeting with President Donald Trump, Microsoft, Alphabet, Meta, and others agreed that the boom should not come at the expense of private households. Siemens Energy is currently benefiting greatly from this. Gas-fired power…
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A new drone contender: The potential of NEO Battery Materials, DroneShield, and Amprius Technologies
Energy efficiency and defense capabilities are two sides of the same coin. This is especially true in the rapidly growing drone business, where powerful batteries are crucial. While global demand for batteries continues to rise sharply, according to McKinsey’s analysis, the military sector is focusing on a highly specialized niche: maximizing energy density while eliminating…
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U.S. Stocks Close Little Changed For Second Straight Day
Stocks showed a lack of direction over the course of the trading day on Wednesday, extending the lackluster performance seen in the previous session. The major averages once again spent the day bouncing back and forth across the unchanged line. The major averages eventually closed mixed for the second straight day. While the Nasdaq inched…