Eli Lilly has been working on a drug called donanemab to treat Alzheimer's disease. This market is estimated to reach more than $30 billion by the next decade. Lilly could capture meaningful business should donanemab be approved. A panel of advisors to the Food and Drug Administration (FDA) recently recommended...

This Is Massive News for Eli Lilly Investors

The S&P 500 edged 0.1% higher on Thursday, June 27, 2024, ahead of key inflation data set for release on Friday. Shares of server and data storage provider Super Micro Computer moved higher as the company aims to sustain its strong growth trajectory. Walgreens Boots Alliance shares tumbled after the...

S&P 500 Gains and Losses Today: Walgreens Stock Ailing After Earnings Miss

A nation-leading 6.00% CD from Nuvision Credit Union, with a 10-month term, remains available. But the CD is limited to a maximum deposit of $5,000. A dozen additional CDs are paying 5.40% and up, including a runner-up rate of 5.55% on terms of 5 or 11 months. Offering a longer...

Top CDs Today, June 27, 2024 - 6% Leading Rate Guaranteed Until 2025

The Motley Fool

Eli Lilly is the latest major pharmaceutical company to bring artificial intelligence (AI) to the healthcare sector.

Eli Lilly Is Teaming Up With OpenAI. Here Are 3 Things Smart Investors Should Know.

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Chicago Happenings

What is more summery than an icy, sweet frozen drink? If the heat wave is getting to you, try whipping up this simple frozen strawberry lemonade. All you need is your choice of lemonade and some frozen strawberries. You can use store-bought lemonade, make your own from scratch, or a powdered version. As for strawberries, frozen ones are the easiest choice. If you'd rather use fresh, add at least two cups of ice until you reach a nice, frozen consistency.

2-Ingredient Frozen Strawberry Lemonade: Beat the Heat!

Thanks to the Fed's fight against inflation, today's best savings accounts pay as much as 5.55% APY—their highest level in 20 years. This is great news for anyone building an emergency fund, as these historically high rates will help them reach their savings goal faster. Shopping around can lead...

Build Your Emergency Fund Faster With a Record-Rate Savings Account

Footwear News


Nike's Earnings Reveal That Its Challenges Are Deeper Than Expected: Analysts Say It Could Get Worse







Shares of Nike Inc. dropped on Thursday afternoon after the company reported sales results that fell short of expectations. 


For the fourth quarter, the athletic giant reported that revenues were down 2 percent to $12.6 billion over the same quarter last year, short of the $12.84 billion expected by analysts surveyed by Yahoo Finance and short of its prior guidance. Net income was up 45 percent to $1.5 billion and diluted earnings per share was 99 cents, which included a loss of 2 cents per share...

Nike Cuts Guidance for 2025 Following ‘Challenges’ in Q4

TheStreet

The Nasdaq Composite index has climbed 19% so far this year.

Cathie Wood sells $4.3 million of high-flying tech stock

ZimVie, the dental implant spinoff of Zimmer Biomet, is weighing options for a potential sale, Bloomberg reported June 25. 1. ZimVie is reportedly working with an adviser to explore its options after receiving interest from potential buyers. 2. Discussions for a sale are reportedly in their early stages, and the...

Dental implant maker weighing potential sale: Bloomberg

Ark Investment Management just updated its financial forecasts for electric vehicle giant Tesla, and even Elon Musk thinks they will be tough to meet.

1 Magnificent AI Stock Set to Soar 1,366%, According to Cathie Wood's Ark Invest

Nvidia is no longer the only game in town when it comes to artificial intelligence (AI) hardware.

Forget Nvidia: Here's Another Spectacular Semiconductor Stock to Buy Right Now, According to Wall Street

Levi Strauss narrowly missed second-quarter sales forecasts as its Dockers brand underperformed. Levi Strauss affirmed its full-year revenue and adjusted earnings per share (EPS) outlook, but Goldman Sachs analysts were disappointed the company didn't raise its guidance. Shares had risen roughly 40% in 2024 through Wednesday's close but sank 17%...

Levi Strauss Stock Slumps After Slight Revenue Miss

Keith Gill, a key player in the 2020 and 2021 meme-stock craze known as "Roaring Kitty," posted an image of a dog on X Thursday. Shares of Chewy and Petco briefly spiked higher Thursday after the post and were halted due to high volume. The stock swings come after Gill...

Chewy, Petco Stocks Spike After Meme Stock Hero ‘Roaring Kitty’ Posts Dog Picture

Nvidia's market cap just reached $3 trillion, putting it in extremely rare company.

A Once-in-a-Generation Investment Opportunity: Nvidia Is Now Worth Over $3 Trillion, and 1 Wall Street Analyst Thinks The Stock Can Soar Another 59%

Home prices have been at a record high, pushing homebuying out of reach for many and slowing down the real estate market. However, a record-low number of contracts signed indicates homebuyers are unwilling to pay high prices. Sellers are responding by taking listings off the market or compromising on how...

Homebuyers Are Fed Up With High Prices

There are plenty of reasons to stay bullish on the House of Mouse.

5 Reasons to Buy Disney Stock Hand Over Fist Right Now

The GPU leader is losing some of its luster among top investors.

Billionaires Are Selling Nvidia Stock and Buying Up This Stock Instead

U.S. equities were mixed and little changed at midday Friday, June 28, 2024 after a report showed the Federal Reserve's preferred measure of inflation cooled in May. Nike was the worst-performing stock in the Dow and S&P 500 as the athletic apparel giant missed sales estimates and warned that full-year revenue would decline.

Top Stock Movers Now: Nike, Trump Media, Infinera, and More

Fortune

Good morning. Amazon’s market cap exceeded $2 trillion for the first time on Wednesday, as its CFO is betting big on AI use—both for potential clients and internally. Amazon shares this year are up nearly 30%—and over the previous 12 months up almost 50%. Earlier in 2024, Alphabet’s market cap hit $2 trillion, but both firms still trail Microsoft, Apple, and Nvidia, all of which are worth more than $3 trillion. (Bank of America just raised its price target for Amazon shares to $220 from $210.)

Amazon’s market cap hits $2 trillion as its CFO keeps an eye on AI—and cutting costs

Business Insider

X generated $1.48 billion in revenue in the first half of 2023 — down roughly 40% from the same time in 2022, Bloomberg reported.

We now know just how much money Elon Musk's X made after his takeover — and it's a lot less than before his purchase

NewsBreak

Illumina Takes a $1.47 Billion Charge Related to Its GRAIL Spinoff

Illumina said it would take a $1.47 billion goodwill impairment charge related to its spinoff of cancer testing company GRAIL. Illumina also said it would take...

Illumina Takes a $1.47 Billion Charge Related to Its GRAIL Spinoff

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