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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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Oct 20, 2026 / Tyler Durden
Why Cheaper Restaurant Food May Stay Off The Menu This Year
Why Cheaper Restaurant Food May Stay Off The Menu This Year
Dining out is likely to remain expensive as uneven relief in ingredient costs keeps restaurant margins under pressure.
Lower cattle prices have provided some relief this past summer, but soaring cooking-oil and grain costs, along with a rebound in chicken prices, leave little room for broad menu price cuts, according to a note from BofA restaurant analyst Sara Senatore on Friday.
Cattle prices fell 9% from a year earlier in the third quarter, reversing a 9.8% increase in the second quarter,...
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Oct 4, 2026 / Tyler Durden
What Are Russia's Top Three Strategic Challenges?
What Are Russia's Top Three Strategic Challenges?
Authored by Andrew Korybko via Substack,
The new "cordon sanitaire" that Trump 2.0 assembled around Russia, the difficulty in maintaining its Sino-Indo balancing act, and the broken feedback loops that afflict its Foreign Ministry are the main strategic risks that must be urgently addressed in order to most effectively ensure Russia's future.
Putin wisely advised Russians during his keynote speech at the Valdai Club's latest annual meeting that "we certainly need a roadmap for our movement into the future. What we need is not wishful...
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Oct 15, 2026 / Tyler Durden
After Jensen Saves The World, Nasdaq Breaks
After Jensen Saves The World, Nasdaq Breaks
Nasdaq has been soaring higher for the last hours following supportive statements from Nvidia CEO Jensen Huang:
HUANG: "COREWEAVE'S STRENGTH IS IMPROVING EVERY DAY"
HUANG: COREWEAVE'S COST OF CAPITAL IS "ACTUALLY DECREASING"
HUANG SAYS NVIDIA DOESN'T NEED TO BACKSTOP COREWEAVE
As a reminder, Nvidia helped rescue CoreWeave's downsized IPO and holds a ~$2 billion stake.
Then around 1115ET, Nasdaq broke...
Nasdaq is experiencing a network disruption affecting multiple multicast groups originating from Carteret, according to a market system status message.
Nasdaq warned that customers may experience intermittent data gaps on...
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