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Subsidizing Higher Education Is Not Creating Widespread External Benefits
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Feb 23, 2026 / Tyler Durden
Core US Factory Orders Better Than Expected In December
Core US Factory Orders Better Than Expected In December
While sentiment is sagging to multi-year lows, 'hard' data is helping support growth forecasts (GDPNOW) and holding stocks at record highs.
This morning we get a fresh glimpse at America's manufacturing segment - hard data - with Orders data (which is expected to drop MoM in December).
After surging higher in November (+2.7% MoM), analysts expected US Factory Orders to drop 0.6% MoM in December but the actual print disappointed, dropping 0.7% MoM
Source: Bloomberg
Interestingly, Core Factory Orders rose 0.4% MoM - better than...
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Feb 23, 2026 / Tyler Durden
"Worst-Case Scenario": Novo Nordisk Plunges After Next-Gen Obesity Drug Falls Short Of Lilly Rival
"Worst-Case Scenario": Novo Nordisk Plunges After Next-Gen Obesity Drug Falls Short Of Lilly Rival
Shares of Novo Nordisk A/S plummeted again on Monday after the company reported trial results showing its next-generation obesity shot, CagriSema, delivered 20.2% weight loss at 84 weeks, compared to 23.6% for Eli Lilly & Co.’s tirzepatide (Zepbound).
Bloomberg Intelligence analyst Michael Shah explained, "This outcome is the worst-case scenario for Novo and heightens the need for M&A with Novo’s other GLP-1/Amylin drug."
Shares of Novo in Copenhagen plunged as much as 16.5%, breaking below a support level...
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Feb 17, 2026 / Kyle Anzalone
US Official Says No ‘Gentlemen’s Agreement’ with Russia to Continue Compliance with New Start Treaty
Assistant Secretary of State for Arms Control and Nonproliferation Christopher Yeaw said that there was no informal agreement between the US and Russia to maintain the limits on nuclear weapons imposed by the New Start Treaty. The pact expired earlier this month. During an event at the Hudson Institute on Monday, Yeaw was asked if […]
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