Rafael Henrique | SOPA Images | AP The stock of Hims & Hers dropped in premarket trading early Friday after a legal threat from Novo Nordisk. The online teleheath company announced on Thursday plans to launch a cheaper, copycat version of Novo’s weight loss pill, prompting Novo to take legal action. Hims stock spiked as…
A Toyota dealership is seen on November 19, 2025 in Austin, Texas. Brandon Bell | Getty Images Toyota Motor announced Friday that Chief Executive Officer Koji Sato will step down and be replaced by its Chief Financial Officer, Kenta Kon, marking the automaker’s second CEO transition in three years. The leadership shakeup will take effect…
Indian Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles Shri Piyush Goyal is talking to media on EU-India trade relations. India will waive tariffs on industrial imports from four European nations for a $100 billion investment over 15 years, ending nearly 16 years of negotiations. Thierry Monasse | Getty Images…
Newly appointed Reserve Bank of India Governor Sanjay Malhotra after addressing a press conference, in Mumbai on Dec. 11, 2024. Indranil Mukherjee | Afp | Getty Images India’s central bank on Friday kept its policy rates unchanged, as headwinds to growth have weakened following the announcement of trade deals with the E.U. and the U.S….
Tesla remained a strong contender in Beijing’s competitive electric vehicle scene, as the company’s China-produced EV sales grew modestly in January from the year before, amid a broader industry slowdown. According to data published by the China Passenger Car Association on Wednesday, January deliveries from Tesla’s Shanghai Gigafactory rose by 9% to 69,129 units, from…
Traders work at the Nasdaq on Feb. 4th, 2026. Adam Jeffery | CNBC Stock futures retreated Thursday night as Amazon shares tumbled following earnings and investors hedged bets following a broad market sell-off. Dow Jones Industrial Average futures lost 168 points, or 0.3%. S&P 500 futures lost 0.6%, while Nasdaq 100 futures sank 1.1%. Amazon…
Top Justice Department antitrust officials have decided to ask a judge to force Alphabet Inc.’s Google to sell off its Chrome browser in what would be a historic crackdown on one of the biggest tech companies in the world. Gabby Jones | Bloomberg | Getty Images Asia-Pacific markets were set for another weak session as…
The U.K. is set to reach its target level of 2% inflation earlier than expected, Bank of England governor Andrew Bailey has told CNBC. The central bank left interest rates unchanged at 3.75% on Thursday, in a widely anticipated move, though its nine-member Monetary Policy Committee (MPC) was split 5-4 over the decision. Speaking with…
Andy Jassy, CEO of Amazon, arrives at The Sun Valley Resort for the Allen and Company Sun Valley Media and Technology Conference in Sun Valley, Idaho, U.S., July 8, 2025. Brendan McDermid | Reuters Amazon is slated to report fourth-quarter earnings after the bell on Thursday. Here’s what analysts polled by LSEG are expecting: Earnings…
Weight-loss drugmakers Eli Lilly and Novo Nordisk fell after telehealth company Hims & Hers announced Thursday it will offer a copy of the newly launched Wegovy pill for $49, far less than the $149 Novo sells the branded pill for. Copenhagen-listed shares of Novo dropped 7% on the news, while Eli Lilly stock fell 6.1%…
