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Lilly Slides After New Obesity Pill Prescription Data Disappoints Wall Street
Lilly Slides After New Obesity Pill Prescription Data Disappoints Wall Street
Shares of Eli Lilly & Co. fell in New York premarket trading after new industry prescription data for the drugmaker's blockbuster obesity shot Zepbound and recently approved oral weight-loss pill Foundayo disappointed Wall Street analysts.
Foundayo generated 3,707 prescriptions in its second week, according to new prescription-tracking data from IQVIA cited by RBC Capital Markets analysts. That compares with 18,410 prescriptions for Novo's oral version of Wegovy during its second week after launch, suggesting Lilly's weight-loss drugs are falling behind...
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Mar 31, 2026 / Tyler Durden
Tracking The Last UK-Bound Jet Fuel Tanker As Shortages Near
Tracking The Last UK-Bound Jet Fuel Tanker As Shortages Near
We outlined the early signs of global demand destruction and worsening energy chaos in a note earlier on Monday, mapping the regional dominoes and the order in which they are likely to fall. Turning to the UK, the last known jet fuel shipment from the Middle East is due to arrive later this week, a major warning that aviation disruptions could soon materialize.
The Financial Times reports that the Libyan-flagged Maetiga vessel, loaded with jet fuel from Saudi Arabia, is set...
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Apr 28, 2026 / Tyler Durden
Futures Tumble On AI Spending Fears As Brent Hits 2 Week High
Futures Tumble On AI Spending Fears As Brent Hits 2 Week High
US equity futures are lower, dragged by tech, following a report that OpenAI missed revenue and user targets and there growing internal pushback against Sam Altman's notorious aggressive spending (the company has $1.5 trillion in commitment it won't be able to meet), which is hitting semiconductors and the broader supply chain. AS of 8:15am ET, S&P futures are down 0.7% and Nasdaq futures dropped 1.2% as concerns resurfaced over whether the vast amounts of investment in artificial intelligence will...
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Apr 10, 2026 / Tyler Durden
"Move To California": Nvidia CEO Becomes Unofficial Pitchman For Struggling Left-Wing State
"Move To California": Nvidia CEO Becomes Unofficial Pitchman For Struggling Left-Wing State
The California exodus is a very simple byproduct of one-party Democratic rule, with unhinged progressive politicians abusing their tax base through high taxes, overregulation, and experiments with extreme progressive policies that have transformed parts of some metro areas into crime-ridden hellholes. Average people, billionaires, and businesses have all been voting with their feet, fleeing to red states in search of lower taxes, law and order, more affordable living conditions, fewer regulations, and an economic environment where they can...
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