Category: Top Story
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Eli Lilly shares gain after Novo Nordisk obesity drug falls short in trial
Shares of Eli Lilly (NYSE:LLY) rose 2.8% to $1,037 in premarket trading Monday after rival Novo Nordisk (CSE:NOVOb) reported that its experimental obesity treatment CagriSema failed to meet a key clinical trial objective. Novo Nordisk said the study did not demonstrate that CagriSema was non-inferior to Eli Lilly’s Tirzepatide in reducing body weight. Trial data…
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U.S. Stock Futures Edge Lower Amid Trump Tariff Uncertainty; Nvidia Earnings Loom: Dow Jones, S&P, Nasdaq, Wall Street
U.S. equity futures moved modestly lower on Monday as investors assessed the fallout from the Supreme Court’s ruling against President Donald Trump’s emergency tariffs, while attention turned toward upcoming earnings from semiconductor heavyweight Nvidia later this week. As of 05:50 ET, Dow Jones futures were down 110 points, or 0.2%, S&P 500 futures declined 16…
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Domino’s Pizza Shares Rise After Revenue Beat and Strong Sales Growth
Domino’s Pizza Inc. (NASDAQ:DPZ) reported fourth-quarter results on Monday that topped revenue forecasts but narrowly missed earnings expectations, with shares climbing following the announcement. The stock rose 6.4% after the release and gained 4.8% in premarket trading to $403.04, supported by stronger-than-expected U.S. same-store sales performance. The pizza chain posted adjusted earnings per share of…
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Connecting Excellence Group Expands to U.S. with OTCQB Listing.
Connecting Excellence Group PLC AQSE:XCE is taking its next step in international expansion, with shares now trading on the OTCQB in the United States under the ticker (OTCUS:XCELF). The move builds on the company’s existing London listing and signals a clear ambition: broaden access to U.S. investors while scaling a dual-engine business model that blends…
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Five Key Market Themes to Watch in the Coming Week
Investors returning to markets this week are expected to focus heavily on the evolving outlook for President Donald Trump’s tariff policy following a Supreme Court ruling that struck down his emergency trade measures. Trump’s swift move to introduce new broad-based tariffs has added fresh uncertainty to global trade relations and existing international agreements. Markets will…
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Earnings Hold Up Even as AI Disruption Concerns Persist, Goldman Sachs Says
Companies that have been at the heart of recent anxiety over artificial intelligence-driven disruption are, for the most part, still delivering solid earnings, according to analysts at Goldman Sachs. Over the past three months, software shares have dropped by double-digit percentages as investors reacted nervously to the rollout of advanced AI models capable of replicating…
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AI-Driven Market Bubble Now “Much Less Likely,” Says Yardeni
The risk of a stock market bubble sparked by artificial intelligence enthusiasm has become “much less likely,” according to analysts at Yardeni Research. Last year, heavy investment pledges from mega-cap technology firms and a flurry of interconnected deals among AI-focused companies fueled concerns that the market was entering a speculative phase similar to the late-1990s…
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Tax Refund Season Could Channel $11 Billion a Week Into U.S. Stocks, Deutsche Bank Says
U.S. equities may draw in around $11 billion in weekly inflows as tax refunds are distributed through mid-April, according to Deutsche Bank strategist Parag Thatte. Thatte pointed out that the mid-February to mid-April window has historically accounted for roughly one-third of total annual inflows into U.S. stocks, making it a seasonally strong period for equity…
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AI Fears Turn Markets Into “Sniper’s Alley,” Deutsche Bank Says
Mounting concerns over artificial intelligence disruption have transformed equity markets into what Deutsche Bank describes as a “sniper’s alley,” as investors reassess which companies stand to benefit — and which could be left behind. According to analysts at the bank, investor thinking around AI has shifted away from a once “magical vision of the future”…
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U.S. Close Mostly Higher After Supreme Court Strikes Down Trump’s Tariffs
After recovering from an initial move to the downside, stocks fluctuated over the course of the trading session on Friday but largely maintained a positive bias before eventually finishing the day mostly higher. The major averages all closed in positive territory, with the tech-heavy Nasdaq posting a notable gain. The Nasdaq advanced 203.34 points or…