UBS: LIlly’s Type 2 diabetes and obesity treatment could be ‘one of the best-selling drugs in history’
Shares of Eli Lilly & Co. Inc. gained 2.5% in premarket trading on Thursday after UBS upgraded the stock to buy from neutral, saying Mounjaro,...
Raymond James launches coverage of insurance companies with strong buys on three names
Raymond James on Thursday launched analyst coverage of six insurers, with Prudential Financial Inc. (price target $115), Voya Financial Inc. (price target $84) and Globe...
Affirm stock heads higher as company notches BNPL deal with Amazon in Canada
Shares of Affirm Holdings Inc. were up more than 3% in premarket trading Thursday after the company announced that it would launch a buy-now-pay-later option...
U.S. stocks open mostly lower as investors weigh jobless claims report
U.S. stocks opened mixed Thursday as investors weighed economic data showing initial jobless claims rose slightly. The Dow Jones Industrial Average was up 0.1% soon...
Ford announces leadership changes as it accelerates ‘Ford+’ growth plan, bolsters supply chain operations
Shares of Ford Motor Co. eased about 0.1% in morning trading Tuesday, while the S&P 500 dropped 0.5%, after the auto maker announced leadership changes...
Traders price in 26% chance that fed-funds rate can get to 5% in March
Fed-funds futures traders now see a decent chance that U.S. policy makers will lift borrowing costs to a range between 4.75% to 5% by March,...
Novavax stock extends plunge after J.P. Morgan turns bearish, on expectations of more guidance cuts
Shares of Novavax Inc. slumped 7.1% in morning trading Thursday, to extend their recent plunge toward a near 2 1/2-year low, after J.P. Morgan threw...
Visa stock on track to extend longest losing streak since 2013
Visa Inc. shares were off 0.7% in Thursday morning trading and on track to log their eighth-straight trading day of declines if the losses hold...