Eli Lilly shares soared 14% after earnings report

09.08.2024
Eli Lilly shares jumped 14% on Thursday after the pharmaceutical giant posted a strong second-quarter earnings report, driven by the popularity of its GLP-1 weight-loss drugs. The company’s revenue reached $11.3 billion, surpassing analysts’ estimates...
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FTX is required to pay $12.7 billion to customers

09.08.2024
"FTX attracted customers with an illusion of safety and security for accessing cryptocurrency markets," said CFTC Chairman Rostin Behnam. But instead, customer deposits were used for the company's own risky investments. A U.S. court has...
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Apple could help these two companies join the $1 trillion club

05.08.2024
Apple (NASDAQ: AAPL) could play a key role in helping Berkshire Hathaway (NYSE: BRK.A) and Taiwan Semiconductor Manufacturing (NYSE: TSM) reach a market capitalization of $1 trillion. Berkshire Hathaway, the largest holder of Apple shares,...
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Bitcoin Plunges to $50K, Disappointing Arbitrage Traders

05.08.2024
"Futures premiums have dropped to their lowest levels," reports Velo Data. The leading cryptocurrency by market value has plummeted over 18% to $50,000 in 24 hours, reaching its lowest level since February 2024. According to...
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McDonald’s Faces Consumer Pushback Due to Price Increases

02.08.2024
Shares of McDonald's (NYSE: MCD) rose despite the company missing analyst estimates in its recent second-quarter results. Customers have begun to push back against higher prices, prompting the company to extend its $5 Meal Deal...
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