Lilly’s Mounjaro (tirzepatide), a GIP/GLP-1 dual agonist, demonstrated cardiovascular protection in landmark head-to-head trial, reinforcing its benefit in patients with type 2 diabetes and heart disease Eli Lilly and Company Eli Lilly’s Mounjaro shows heart health benefits in head-to-head trial with older diabetes drug Trulicity CNBC Eli Lilly’s diabetes drug Mounjaro matches heart benefit of older treatment statnews.com Eli Lilly Weight-Loss Drug Mounjaro …
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Figma Is Largest VC-Backed American Tech Company IPO in Years – The Wall Street Journal
Figma Is Largest VC-Backed American Tech Company IPO in Years The Wall Street Journal Figma prices IPO at $33, above expected range CNBC Figma IPO Brings Value Near $20 Billion From Failed Adobe Deal Bloomberg.com Figma’s IPO is a ‘bellwether event.’ Here’s why investors want in. MarketWatch Figma raises $1.2 billion, creating new playbook for going public in the summer Axios Source link
Read More »Elon Musk’s Boring Company announces plan to tunnel under Nashville
Elon Musk’s Boring Company has announced plans to dig tunnels under Nashville, creating a loop that will connect the city’s downtown with the Nashville International Airport. The Boring Company says it will begin construction “immediately” following approval and expects the first 10-mile phase to be operational as early as next year, as reported earlier by TechCrunch. Tennessee Governor Bill Lee …
Read More »What makes a meme stock? Online enthusiasm for a beaten down company with doubtful prospects
NEW YORK (AP) — Investors occasionally scoop up shares of companies whose financial prospects appear dim. The consensus around such companies is that the shares should, if anything, fall further. But they suddenly get touted in online forums and take off for no fundamental reason. Wall Street has dubbed them “meme stocks.” Here are some characteristics of meme stocks: Poor …
Read More »EA CEO says it’s ‘all in as a company’ on Battlefield 6, is building a platform rather than a product
Electronic Arts CEO Andrew Wilson says it’s “all in as a company” on Battlefield 6, and that it “isn’t just a product” but the start of a new platform. In a Q&A during its earnings call following the publication of its Q1 results for FY2016, Wilson was asked to talk about EA‘s marketing strategy for Battlefield 6 and how it …
Read More »Sheffield company launches eco-bricks that ‘absorb carbon’
Tom MacDougall BBC News, Yorkshire Tom MacDougall/BBC Sheffield start-up company earth4Earth has developed a range of bricks designed to reduce carbon emissions A start-up company in Sheffield has launched environmentally-friendly bricks which absorb and permanently store greenhouse gases. Materials developer earth4Earth, based at Sheffield Technology Parks, said the bricks capture carbon dioxide from the air around them but are also …
Read More »Private company hiring bounced back with a 104,000 increase in July, ADP says
Hiring at private companies rebounded at a stronger than expected pace in July, indicating the labor market is holding its ground, ADP reported Wednesday. Payrolls rose by a seasonally adjusted 104,000 for the month, reversing a loss of 23,000 in June and topping the Dow Jones forecast from economists for an increase of 64,000. The June number was revised up …
Read More »Boring Company plans Tesla tunnel in Nashville
The Boring Company, a tunnel construction firm owned by Elon Musk, is planning to build an underground tunnel between Nashville’s airport and downtown. In what Gov. Bill Lee described as a public-private partnership in which the company will cover the entire construction bill, the Boring Company claims it will build a loop between BNA and an unspecified downtown destination that …
Read More »Royal Caribbean Stock Dives. Earnings Beat Falls Short for Cruise Line Company. – Barron's
Royal Caribbean Stock Dives. Earnings Beat Falls Short for Cruise Line Company. Barron’s Royal Caribbean sees more people book cruises in the last minute MarketWatch Royal Caribbean lifts full-year guidance on strong cruise bookings CNBC Royal Caribbean lifts annual profit forecast on steady cruise demand Reuters Royal Caribbean expects 31% EPS growth and outlines major expansion as digital and destination strategies gain momentum MSN Source …
Read More »Elon Musk’s Boring Company to build Tesla tunnels under Nashville
The Boring Company, Elon Musk’s tunnel-digging company, and Tennessee Governor Bill Lee have announced a plan to build a 10-mile “loop” that will connect Nashville’s downtown and its convention center to the area’s airport. The project will be privately funded by The Boring Company “and its private partners,” according to the Governor’s press release, though those partners are not named. …
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