Meta fine, Pfizer drug, retail earnings: Top headlines
source link: https://finance.yahoo.com/video/meta-fine-pfizer-drug-retail-211746375.html
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Meta fine, Pfizer drug, retail earnings: Top headlines
Meta fine, Pfizer drug, retail earnings: Top headlines
Yahoo Finance Live anchors Akiko Fujita and Seana Smith break down Monday's top headlines, including Meta being fined $1.3 billion, Pfizer's weight loss study, and retailers set to report earnings on Tuesday.
-
Meta fine, Pfizer drug, retail earnings: Top headlines
-
Zoom stock trends higher in the after-hours trading session
-
Meta's record fine drives pressure for EU, U.S. data privacy
-
Warner Brothers Discovery launches new streaming platform 'Max'
-
TikTok sues Montana over ban on app
-
Senator Tim Scott announces 2024 presidential run
-
EU fines Meta $1.3 billion for user data transfers
-
Pfizer stock rises on positive results from weight loss drug study
-
JPMorgan investor day: Jamie Dimon succession plan speculation
-
Ford CFO on EVs: Our approach is about efficiency
-
China bans U.S. chip maker Micron for failed cybersecurity review
-
DraftKings stock closes higher on UBS upgrade, raised price target
-
Debt limit default would be 'a mess' for markets: Economist
Yahoo Finance Live anchors Akiko Fujita and Seana Smith break down Monday's top headlines, including Meta being fined $1.3 billion, Pfizer's weight loss study, and retailers set to report earnings on Tuesday.
InvestopediaPfizer Shares Rise After Study Shows Its Diabetes Drug Helped Patients Lose Weight
Pfizer's experimental diabetes treatment helped patients lose weight similar to Ozempic, but in less time.
2h ago
AP FinanceNew nasal spray to reverse fentanyl and other opioid overdoses gets FDA approval
U.S. health regulators on Monday approved a new easy-to-use version of a medication to reverse overdoses caused by fentanyl and other opioids driving the nation’s drug crisis. Opvee is similar to naloxone, the life-saving drug that has been used for decades to quickly counter overdoses of heroin, fentanyl and prescription painkillers. The Food and Drug Administration endorsed Opvee, a nasal spray update of the drug nalmefene, which was first approved as an injection in the mid-1990s but later removed from the market due to low sales.
43m ago
Investor's Business DailyPfizer Stock Jumps After Diabetes Drug Tops Ozempic In Weight Loss
An oral drug from Pfizer led to faster weight loss than weekly injections of Novo Nordisk's diabetes drug Ozempic. Pfizer stock jumped.
2h ago
Investor's Business DailyBJ's Wholesale Stock In Spotlight With Earnings Due Tuesday
A Relative Strength Rating upgrade for BJ's Wholesale stock shows improving technical performance. Will it continue?
5h ago
QuartzMeta’s new record-setting EU fine is nearly as big as its last six combined
Ireland’s Data Protection Commission (DPC) has fined Meta €1.2 billion ($1.3 billion) for breaking Europe’s stringent data privacy laws. In its May 22 ruling, the DPC found that Meta had violated the General Data Protection Regulation (GDPR) by failing to protect European Facebook users’ personal data from American surveillance.
5h ago
ZacksThings You Need to Know Before Gap's (GPS) Q1 Earnings
Gap's (GPS) Q1 results are likely to reflect gains from cost-saving initiatives and the robust Athleta brand. Inflation-led dismal demand is likely to have hurt.
6h ago
The Wall Street JournalOzempic: How the Diabetes Drug Works and Why It’s Such a Big Deal for Weight Loss
WSJ’s Daniela Hernandez explains how they work, their side effects, and concerns over unintended consequences. A drug approved by the Food and Drug Administration to treat people with Type 2 diabetes has ignited a craze among social-media influencers, the rich and famous and everyday people alike. Ozempic, made by Novo Nordisk A/S, has gained popularity for its off-label use, helping users drop excess pounds within a matter of months.
2h ago
Investor's Business DailyTop 5 China Stocks To Buy And Watch: EV Leaders Show Spark
China is the world's No. 2 economy and home to dozens of companies that trade in the U.S. Right now, Trip.com, Tesla rival BYD, Li Auto Vipshop and NetEase are China stocks worth watching or potentially buying.
1h ago
Investor's Business DailyThese 5 Growth Stocks Have Perfect 99 Ratings
A quick way to find the best growth stocks is to look for 99 MarketSmith ratings. These five growth stocks come from varying industries and have scored perfect 99 Composite and Relative Strength Ratings.
41m ago
The Wall Street JournalBiden’s Billion-Dollar Oil Trade Faces a Big Test
The U.S. government’s attempt to refill the skyscraper-sized caverns that hold the country’s emergency oil reserves is coming with a crash course in energy markets: How to think more like a trader. President Biden last year authorized an emergency sale of more than 180 million barrels from the U.S. Strategic Petroleum Reserve to ease gasoline prices that skyrocketed after Russia’s invasion of Ukraine. The Energy Department sold high, averaging roughly $95 a barrel.
1h ago
AP FinanceFACT FOCUS: Fake image of Pentagon explosion briefly sends jitters through stock market
An image of black smoke billowing next to a bureaucratic-looking building spread across social media Monday morning, with the claim that it showed an explosion near the Pentagon. The posts sent a brief shiver through the stock market and were quickly picked up by news outlets outside the U.S., before officials jumped in to clarify that no blast actually took place and the photo was a fake. CLAIM: An image shows an explosion near the Pentagon.
41m ago
Barrons.comMeta Fined Record $1.3 Billion by EU Over Data Transfers. The Stock Is Falling.
Meta Platforms has been fined around $1.3 billion by European Union regulators for sending user information to the U.S. – a record under the bloc’s data-protection laws. It’s a penalty that will likely heighten the stakes for agreeing a deal between the EU and U.S. over data transfers.
11h ago
Fox BusinessMeta fined record $1.3 billion for violating Ireland privacy laws
Facebook parent company Meta was slapped with a massive $1.3 billion fine on Monday, after European regulators determined they misused Europeans' data.
3h ago
BenzingaZIM Stock Tumbles After Q1 Earnings and Dividend Halt: The Details
ZIM Integrated Shipping Services Ltd (NYSE: ZIM) reported a Q1 2023 sales decline of 63% Y/Y to $1.37 billion, missing the consensus of $1.57 billion. Carried volume in Q1 was 769 thousand TEUs, a decrease of 10% Y/Y. The average freight rate per TEU in Q1 was $1,390 (-64% Y/Y). The company generated an EPS loss of $(0.50), down from $14.19 a year ago. Adjusted EBITDA fell 85% Y/Y to $373 million, with margins of 27% vs 68% a year ago. ZIM's total cash position stood at $4.25 billion as of March
5h ago
The TelegraphA US debt default is the wake-up call the world needs
Interest rates will soar. The stock and bond markets will crash. And the global financial system will be plunged into turmoil as investors flee to any safe asset they can find.
1d ago
Yahoo FinanceStocks mixed ahead of renewed debt talks: Stock market news today
Stocks closed mixed on Monday as President Joe Biden and House Speaker Republican Kevin McCarthy prepared to meet to resume debt-ceiling negotiations later in the day.
2h ago
TipRanks‘Don’t Miss the Next Bull Market’: Billionaire Ken Fisher Stays Heavily Invested in These 2 ‘Strong Buy’ Stocks
After the bear market of 2022, the markets have made a recovery in 2023, with both the S&P 500 and, in particular, the NASDAQ showing healthy year-to-date gains. Therefore, it might be a natural instinct for investors who have nursed heavy losses to be eyeing the exit gate now that the market is rebalancing and the initial investment is back to breaking even. However, legendary investor Ken Fisher says that kind of thinking is a big mistake. “As initial bull market rallies build, investors — raw
8h ago
FortuneDon’t be fooled by the S&P 500 rally, says Wall Street’s top strategist Mike Wilson
He cautioned investors against falling into a “false bull trap.”
6h ago
FreightWavesShipping line Zim gets hammered by high spot-rate exposure
Zim outperformed competitors on the way up and is falling faster than other carriers on the way down. The post Shipping line Zim gets hammered by high spot-rate exposure appeared first on FreightWaves.
2h ago
Yahoo FinanceLyft is 'open' to selling itself. There might not be any buyers
Lyft (LYFT) CEO David Risher has said that the rideshare company is 'open' to selling itself, but there's a kicker – there's no obvious acquirer.
4h ago
ReutersFirst Citizens sues HSBC for hiring away Silicon Valley Bank staff
(Reuters) -First Citizens BancShares Inc, which acquired Silicon Valley Bank following its collapse, sued HSBC Holdings PLC on Monday, accusing it of poaching more than 40 of the failed bank's employees in order to launch its own U.S. venture banking business. The lawsuit filed in San Francisco federal court says HSBC violated federal law by hiring away the workers so it could gain access to Silicon Valley Bank's (SVB) trade secrets including information about clients in the tech and healthcare sectors. First Citizens in the lawsuit said it is seeking more than $1 billion in damages.
4h ago
Barrons.comZoom Stock Jumps on Strong Earnings and Improved Outlook
Zoom Video beat Wall Street estimates and the company's own guidance—for both earnings and revenue—for the just-ended April quarter.
2h ago
Investor's Business DailyApple Stock Downgraded On Signs Of Slowing iPhone Demand
A Wall Street analyst on Monday downgraded Apple stock amid signs of slowing demand for iPhone handsets.
2h ago
InvestopediaBig-Bank Savings and CD Rates (But You Can Earn So Much More)
It's easy to earn a great rate on your savings or a CD, but it means looking beyond the big-name banks. Smaller players pay significantly more, and are just as safe.
5h ago
BloombergSenior-Living Debt Defaults Far Outpace the Rest of Government Debt Market
(Bloomberg) -- One sector is an outlier when it comes to the traditionally-tiny default rates in the $4 trillion municipal bond market. Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseMexico Raises Alert Level on Volcano Rumbling Near CapitalMeta Fined Record €1.2 Billion in EU Over US Data TransfersMessi, Ronaldo Lead Saudi Arabia's Multibillion-Dollar MakeoverRoughly 7% of the $43 billion in outstanding senior-living bonds, or about $3.2 billion, is in default
6h ago
Barrons.comNvidia Might Have Some Bad News on Gaming. Buy the Stock Anyway?
The chip maker is getting a vote of confidence from KeyBanc Capital Markets for its long-term commitment to AI apps.
4h ago
Yahoo FinanceMore Americans are feeling lousy about their finances, Fed study finds
In the fourth quarter of 2022, 35% of US adults reported they were worse off financially than a year earlier.
8h ago
BenzingaWhat's Going On With NVIDIA Stock Today
Nvidia Corp (NASDAQ: NVDA) has announced a pact with Rolls Royce Holdings Plc(OTC: RLLCF) and Classiq to design jet engines using quantum computing. The companies used quantum-computing technologies to introduce computation fluid dynamics in operating jet engines. Leveraging Nvidia Corp's quantum-computing platform, the companies simulated the world's largest quantum-computing circuit for computational fluid dynamics to develop jet engines. The circuit was built using NVIDIA A100 Tensor Core GPU
5h ago
Investor's Business DailyIs Palantir Stock A Buy On Its Artificial Intelligence Prospects In May 2023?
Will "generative" artificial intelligence boost Palantir stock in the commercial market amid slowing revenue growth for the company?
9h ago
ZacksNordic American Tankers (NAT) Tops Q1 Earnings and Revenue Estimates
Nordic American Tankers (NAT) delivered earnings and revenue surprises of 10% and 9.48%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
11h ago
BloombergZoom Raises Annual Sales Forecast in Sign Pandemic-Era Customers Here to Stay
(Bloomberg) -- Zoom Video Communications Inc. raised its full-year sales forecast in a positive sign for the software maker’s effort to continue growing in a post-pandemic world.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseMexico Raises Alert Level on Volcano Rumbling Near CapitalMeta Fined Record €1.2 Billion in EU Over US Data TransfersMessi, Ronaldo Lead Saudi Arabia's Multibillion-Dollar MakeoverStill, the company that came to prominence as an essential t
33m ago
BloombergPacWest to Sell $2.6 Billion Real Estate Loans at Discount
(Bloomberg) -- PacWest Bancorp, one of the US lenders engulfed in the regional banking turmoil, agreed to sell a $2.6 billion portfolio of real estate construction loans amid efforts to shore up liquidity.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseMexico Raises Alert Level on Volcano Rumbling Near CapitalMeta Fined Record €1.2 Billion in EU Over US Data TransfersMessi, Ronaldo Lead Saudi Arabia's Multibillion-Dollar MakeoverKennedy-Wilson Holdings Inc. will
9h ago
Barrons.comExxon Tiptoes Into the EV Future With Lithium Deal
Exxon Mobil has bought land in Arkansas that contains lithium, a key component in lithium-ion batteries that power electric vehicles.
2h ago
SmartAssetMedigap vs. Medicare Advantage: Which Has More Benefits?
Medigap and Medicare Advantage are both healthcare plans used by people in retirement. Medigap insurance helps supplement areas like coinsurance, deductibles and copayments. Medicare Advantage, sometimes called Part C, plans are offered by private companies approved by Medicare. We'll dive … Continue reading → The post Differences of Medigap vs. Medicare Advantage appeared first on SmartAsset Blog.
9h ago
The Wall Street JournalA Military Scientist Wants to Retire at 55 or 60. Will He Have Enough Money?
Matt and Lynné Montgomery moved their family to Italy recently for a three-year assignment. With 15 years’ service, Matt Montgomery, 38 years old, is now considering what he might do in five years when he will be eligible for a pension worth one-half of his base pay, currently $108,000. The couple has $363,000 in retirement accounts in aggressive growth-oriented funds, some $30,000 in precious metals and $24,000 in cash, mostly in an emergency savings account.
1d ago
BenzingaExxon Quietly Joins Search For Lithium: Report
Exxon Mobil (NYSE: XOM) has started to prepare for a future that will be significantly less reliant on gasoline. Exxon recently purchased drilling rights to a sizable chunk of Arkansas land from which it aims to produce the mineral, a key ingredient in batteries for electric cars, cellphones, and laptops, reported the Wall Street Journal, citing people familiar with the matter. According to the sources, lithium is far removed from the fossil-fuel business, which has powered Exxon's profits for o
6h ago
Investor's Business DailyCheap Stocks To Buy: Should You Watch These 5 Growth Stocks?
Bull market or bear market? Or a trend-less market? Regardless of what stage of the market cycle we're in, some folks never tire of searching for cheap stocks to buy. And who doesn't love a bargain? After all, the lure of finding a stock that triples from $1 to $3 a share, or quintuples from 50 cents to $2.
1d ago
SmartAssetShould I Be Using a Cashier's Check or Money Order?
There are a few options when you need a secure way of paying for something. Sure, cash is king, but not everyone feels safe carrying a thick wad around. Cashier's checks and money orders are two of the more secure … Continue reading → The post Cashier's Check vs. Money Order appeared first on SmartAsset Blog.
1d ago
BloombergTwo Fed Officials Say More Interest-Rate Raises May Be Needed to Cool Prices
(Bloomberg) -- Two Federal Reserve hawks saw the need to raise interest rates further this year, days after Chair Jerome Powell signaled a pause in June, while two other officials voiced support for patience.Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseMexico Raises Alert Level on Volcano Rumbling Near CapitalMeta Fined Record €1.2 Billion in EU Over US Data TransfersMessi, Ronaldo Lead Saudi Arabia's Multibillion-Dollar MakeoverFederal Reserve Bank of St. Lo
5h ago- Barrons.com
1-Month and 3-Month Treasury Rates Jump
The yields on short-dated Treasury bills climbed Monday as traders awaited an update on a deal to raise the U.S. debt ceiling. The 1-month Treasury yield was trading at 5.718%, which would be an all-time high, surpassing the recent high set on May 12, according to Dow Jones Market Data. The 3-month Treasury yield was trading at 5.293%, which puts it on pace for its highest settlement since January 2001.
7h ago
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK