Author: franperez66q@protonmail.com

The Eli Lilly and Novo Nordisk logos.Mike Blake | Tom Little | ReutersNovo Nordisk said on Friday it is seeking a preliminary U.S. court injunction to immediately block obesity and diabetes drug advertisements by Eli Lilly.Denmark’s Novo said on Tuesday it had sued Lilly, arguing consumers were being misled about how the companies’ products compare, and that it would seek a preliminary injunction if the U.S. group did not voluntarily remove the disputed ads.Lilly on Tuesday denied any wrongdoing, saying it stood by its advertising and would vigorously defend itself. The U.S. drugmaker did not immediately respond to a request…

US auto safety regulator denies petition seeking Tesla door-release defect probe Source link

The beginning of the end Looking back, it’s easy to see why sales of physical games seemed to peak in the late 2000s. At that time, services like Xbox Live Arcade, PSN and WiiWare were already showing console gamers’ willingness to pay for downloads of smaller indie games, and the concept was expanding to downloadable versions of major releases like Infamous and LittleBigPlanet. The slight uptick in physical game revenues last year can’t make up for 16 years of consistent, sharp declines. The slight uptick in physical game revenues last year can’t make up for 16 years of consistent, sharp…

A large plume of smoke rises over St. Petersburg following a Ukrainian drone strike targeting logistics facilities operated by Wildberries, Russia’s largest online retailer, on July 24, 2026 in St. Petersburg, Russia.Anadolu | Anadolu | Getty ImagesA Russian attack on an energy facility in Ukraine’s northern city of Chernihiv and surrounding district on Friday cut power to around 150,000 residents, according to the regional electricity distribution company.Workers were actively seeking to restore power supply to consumers in the area, the company said in an update via Telegram.Ukrainian air defenses were also working to repel a Russian attack in Ukraine’s capital…

Shares of Intel moved higher after the chipmaker reported strong quarterly results and provided an upbeat third-quarter outlook. We expect more gains ahead under the guidance of CEO Lip-Bu Tan. Revenue in the second quarter increased 25% year over year to $16.1 billion, exceeding the LSEG-compiled consensus estimate of $14.42 billion. Non-GAAP earnings per share (EPS) swung to a 42-cent profit from a 10-cent loss one year ago, beating the LSEG estimate of 21 cents. Intel was up roughly 4% in after-hours trading, bringing it to around $104 per share. It traded as high as about $113 in reaction to…

Investing.com — stock is sliding 3.4% in pre-open trading to reach $93, extending a sharp post-earnings selloff that began the prior evening after the company reported fiscal first-quarter 2027 results. The headline numbers were mixed: adjusted EPS of $0.94 beat the $0.87 analyst consensus, and revenue of $1.02 billion matched estimates while marking the first time in company history that quarterly sales exceeded $1 billion — yet the market’s reaction turned decidedly negative once investors looked past the top-line milestones. The core concern was the full-year outlook. Management guided FY2027 EPS to a range of $7.35–$7.50, falling short of the…

Wall Street is banking heavily on exchange-traded funds that give investors artificial intelligence exposure, according to J.P. Morgan Asset Management.The firm’s “Guide to ETFs,” which came out this month, finds it’s a top five theme by assets under management — even as volatility hit the group in the second quarter.”Many [themes] are morphing towards AI and the ecosystem surrounding AI,” Jon Maier, the firm’s chief ETF strategist, told CNBC’s “ETF Edge” this week.Maier, who led the insights team that published the report, also highlighted an overlapping relationship between AI-themed ETFs and infrastructure.”It’s all kind of feeding into the AI story…

Housing Secretary Angela Rayner has said Prime Minister Andy Burnham is not looking at bringing in rent controls in England.She told BBC Breakfast that changes made through the Renters’ Rights Act, which came into effect in May, were “already having a significant impact on the market”.She added that controls which had been implemented in some areas of the UK over the past few years had not “necessarily brought rents down”.In 2023 when he was the mayor of Greater Manchester, Burnham called for freezes to private sector rents until the cost of living crisis was over.But Rayner told the BBC on…

Logo of the German multinational insurance and financial services Allianz on top of its headquarters in the city of Madrid, Spain.Cristina Arias | Cover | Getty ImagesAllianz Group said on Friday it has agreed to acquire HSBC’s Singapore life insurance unit for 2.7 billion Singapore dollars ($2.09 billion), expanding the company’s footprint in Asia’s life and health insurance market. The German insurer expects to generate a double-digit return on investment in the medium-term, and the transaction is expected to close in the first half of 2027. As part of the deal, Allianz will also enter a 15-year exclusive distribution partnership…

Why is Carrefour stock sliding today? Source link