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Novo Nordisk Extends Slide After Announcing Price-Cuts For Blockbuster Obesity Drugs
Novo Nordisk Extends Slide After Announcing Price-Cuts For Blockbuster Obesity Drugs
Novo Nordisk shares in Copenhagen can't catch a bid. The liquidation is accelerating again after a Bloomberg headline on Tuesday morning: the Danish drugmaker will slash U.S. list prices for Wegovy and Ozempic next year. The move suggests that the new CEO is pursuing market share amid intensifying competition in the GLP-1 space.
Jamey Millar, Novo's head of U.S. operations, was quoted by Bloomberg as saying the company set a monthly price of $675 for its family of semaglutide drugs,...
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Mar 8, 2026 / Tyler Durden
US Explores High-Risk Plan To Seize Iran's Nuclear Stockpile In Potential Gateway To Ground Troops
US Explores High-Risk Plan To Seize Iran's Nuclear Stockpile In Potential Gateway To Ground Troops
Update(1555ET): The United States and Israel are boasting of having effectively achieved total air superiority over Iran's skies, but this presents yet more questions as to what the end-game will be. The allies have as one key goal securing Iran's stockpile of highly enriched uranium - most of which may be buried deep under a destroyed nuclear site at Isfahan (taken out during the June war) - but then the conundrum remains... how?
Axios reports on one plan which...
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Mar 2, 2026 / Tyler Durden
Russia's Key Novorossiysk Export Hub Again Pounded In Large Ukrainian Drone Wave
Russia's Key Novorossiysk Export Hub Again Pounded In Large Ukrainian Drone Wave
Iran is understandably dominating global headlines, but major events are still happening in oh yeah that other war which has been raging for four plus years in eastern Europe.
Like with the Iran conflict theatre, major geopolitical repercussions impacting energy oil prices are coming out of the Ukraine war. An overnight Monday large-scale drone wave from Ukraine has severely damaged Russia's Black Sea port of Novorossiysk.
Image: stock.adobe
Ukraine's General Staff has described that the facility supplies Russian forces engaged in the war, after reports have...
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Feb 23, 2026 / Tyler Durden
EU To Freeze Trade Deal With US After Supreme Court Overturns Trump Tariffs
EU To Freeze Trade Deal With US After Supreme Court Overturns Trump Tariffs
Update (9:40am ET): In response to the EU's decision to freeze ratification of Trump's landmark deal, the US president has come out swinging and on Truth Social threatened any countries that "play games" with the supreme court decision that they "will be met with a much higher tariff." It just isn't clear what the procedure for these much higher tariffs - aside from Section 122 which is limited to 150 days - will be now that IEEPA...
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