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HIMS Shares Plunge As Pivot To Branded GLP-1s Weighs On Outlook
HIMS Shares Plunge As Pivot To Branded GLP-1s Weighs On Outlook
Hims & Hers shares tumbled in premarket trading in New York, the most in three months, after the company posted a first-quarter loss and revenue that missed analyst estimates tracked by Bloomberg, as costs rose amid a massive pivot from selling copycat GLP-1 drugs toward branded obesity drugs from Novo Nordisk and Eli Lilly.
Revenue for the first quarter came in at $608 million versus the $617.5 million Bloomberg Consensus estimate, while the telehealth firm swung to a loss of...
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Apr 15, 2026 / Tyler Durden
Roblox Rolls Out Restricted Accounts For Under-16 Users Amid Lawsuit, Social Media Ban
Roblox Rolls Out Restricted Accounts For Under-16 Users Amid Lawsuit, Social Media Ban
Authored by Rex Widerstrom via The Epoch Times (emphasis ours),
While managing to avoid Australia’s under-16 social media ban, the global game creation platform Roblox has moved to introduce restricted accounts for children and teenagers.
A 7-year-old teenage boy looks at a photo screen with Roblox, a social media networking app that will not be age-restricted in Sydney, Australia on Dec. 7, 2025. George Chan/Getty Images
The move also comes in the wake of a lawsuit from Los Angeles County...
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Jul 5, 2026 / Tyler Durden
South Korea Plans Investment Fund From Chip Tax Revenue
South Korea Plans Investment Fund From Chip Tax Revenue
At a time when chip and memory companies are disproportionately receiving the benefits of hundreds of billions in capex, and a growing number of politicians are consider ways to socialize these outsized gains, Yonhap News reported that South Korea plans to create an investment fund using tax revenue from its burgeoning semiconductor industry to finance long-term economic growth.
In a senior-level meeting of the government and the ruling party, presidential chief of staff Kang Hoon-sik said the additional revenue from the country’s...
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Jul 12, 2026 / Tyler Durden
'Witness List Expanding...': A Seth Rich Scenario
'Witness List Expanding...': A Seth Rich Scenario
Authored by James Howard Kunstler,
"Witness list expanding in multi-conspiracy probe out of Fort Pierce. . . ."
- Paul Sperry, Real Clear investigations.
The scene: February of 2027, a federal courtroom in Fort Pierce (St. Lucie County), Florida, the third day of trial in the RussiaGate matter.
Defendants seated on the right (from the judge’s vantage) are so numerous they require two tables, including John Brennan, James Comey, James Clapper, Andrew McCabe, Rod Rosenstein, Strzok & Page, Bruce Ohr, Lisa Monaco, Mary McCord, Christopher...
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