ADNOC Issues Ninth Spot Crude Tender Since June As UAE Boosts Oil Exports

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...

"Like Band-Aid On An Arterial Bleed": Ranchers Warn Trump's Proposed Beef Tariff Cut Offers Only Temporary Relief Summary: Cattle ranchers respond with first-takes on proposed policies from White House  Tuesday: Trump team is "fine-tuning" an executive order aimed at reducing ‌domestic beef prices Monday: Tyson Sinks, Walmart Falls After Trump Moves To Temporarily Lower Beef Import Tariffs Ranchers Respond Following Monday afternoon's WSJ report that the White House will temporarily cut beef import tariffs, we spoke with three ranchers across America's beef-producing corridor, centered on the Great and Southern Plains, to gauge industry sentiment. The message from...

Defense Stocks Sink After Democratic Sweep As TD Cowen Warns Trump's "Branded" Programs Are Dead Democrats have won majorities in the House and Senate. It's not just data centers and reindustrialization that will be under threat, but also the rearmament cycle, as defense stocks sink in US premarket trading and tumble in Europe's cash session.The larger-than-expected majorities will give Democrats much greater leverage in negotiations with the White House and will become a headache for the defense industry.Traders on both sides of the Atlantic sold defense stocks on Wednesday,...