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"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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Oct 12, 2026 / Dave DeCamp
Saudi Airstrikes in Yemen’s al-Jawf Province Kill Nine Civilians, Including Five Children
Saudi airstrikes hit a government building and a civilian home in northern Yemen’s al-Jawf province on Monday, killing at least nine civilians, including five children, Yemeni media has reported. Citing the Health Ministry within the Ansar Allah-led Yemeni government, the SABA news agency reported that seven other people were injured in the attack and described […]
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Mar 24, 2026 / Tyler Durden
Amazon Data Centers "Disrupted" Across Bahrain After Drone Activity
Amazon Data Centers "Disrupted" Across Bahrain After Drone Activity
Brent crude futures are back in triple-digit territory as fighting in the Middle East continued overnight, even as President Trump claimed that talks are underway with Iran to resolve the conflict, which has now entered its fourth week.
Overnight, the Amazon Web Services in the Bahrain region was severely "disrupted," according to Reuters, citing an Amazon spokesperson, following drone activity in the area. The spokesperson would not confirm whether Iranian drones struck any data centers.
"As this situation evolves and, as we have...
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Sep 18, 2026 / Tyler Durden
Winter Is Coming: Saudis Warn European Refiners Of Crude Shipment Disruptions Next Month
Winter Is Coming: Saudis Warn European Refiners Of Crude Shipment Disruptions Next Month
Hopes earlier this week that Saudi Arabia could restore roughly half the capacity of its East-West pipeline and resume crude loadings for Europe faded by the end of the week. The pipeline bypasses the Strait of Hormuz and carries crude to a Red Sea export terminal, making its recovery critical to restoring disrupted shipments to the energy-stricken continent.
Bloomberg reports that Saudi Aramco told at least two European refiners they would receive no crude deliveries next month, with...
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