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RFK Jr.'s peptide policy could boost Hims & Hers as its GLP-1 business evolves
Stocks News

RFK Jr.'s peptide policy could boost Hims & Hers as its GLP-1 business evolves

Investors are starting to focus on what will replace compounded GLP-1 as a growth driver for telehealth companies like Hims & Hers Health. Peptides are gaining attention as a potential updated growth vector, despite clinical evidence for efficacy being limited. The FDA review process is only just beginning, with a Pharmacy Compounding Advisory Committee meeting […]

Why the stock industry is hitting records despite Iran war
Stocks News

Why the stock industry is hitting records despite Iran war

The S&P 500 closed at a record high on Thursday for the second consecutive day. The U.S. stock index has rallied sharply since the end of March. Stocks have been resilient even as the Iran war continues and there remains a blockade on oil flowing through the Strait of Hormuz. The stock economy is forward-looking: […]

Senate overturns Boundary Waters protections, a boon for Chilean mining corporation
Stocks News

Senate overturns Boundary Waters protections, a boon for Chilean mining corporation

The Senate on Thursday overturned a mining moratorium in Minnesota’s Superior National Forest, a boon for a Chilean mining conglomerate Antofagasta. The chamber voted 50-49 to overturn a 20-year protection imposed by President Joe Biden in 2023, clearing the way for a long-stalled mine project proposed by Twin Metals Minnesota to restart plans to access […]

Trump says gas prices 'not very high' as most U.S. voters blame him for price spike
Stocks News

Trump says gas prices 'not very high' as most U.S. voters blame him for price spike

President Donald Trump noted Thursday that gasoline prices are “not very high.” A Quinnipiac University national poll of registered voters showed that 65% of U.S. voters blame Trump either “a lot” or “some” for the rise in gas prices seen since the beginning of the Iran war. This also touches on aspects of bear market. […]

ICE agent charged with assault by Minnesota prosecutors, arrest warrant issued
Stocks News

ICE agent charged with assault by Minnesota prosecutors, arrest warrant issued

An Immigration and Customs Enforcement agent has been charged by state prosecutors in Minnesota with two counts of assault related to a road rage incident. They have issued a nationwide warrant for his arrest. The ICE agent, Gregory Donnell Morgan Jr., is accused of pointing his gun at two individuals in another car on Feb. […]

Netflix stock sinks despite earnings beat, streamer says Reed Hastings to exit board
Stocks News

Netflix stock sinks despite earnings beat, streamer says Reed Hastings to exit board

Netflix beat Wall Street expectations for first-In earnings per share thanks in part to a termination fee related to its proposed Warner Bros, quarter revenue and reported a large jump. Discovery deal. The corporation revealed Reed Hastings, Netflix’s co-founder and current chairman, would exit the board in June when his term expires. Netflix shares fell […]

Trump nominates Erica Schwartz as CDC director amid turmoil around leadership, vaccine policy
Stocks News

Trump nominates Erica Schwartz as CDC director amid turmoil around leadership, vaccine policy

President Donald Trump on Thursday nominated Erica Schwartz to serve as director of the Centers for Disease Control and Prevention. The CDC has been going through turmoil and several leadership shakeups under Health and Human Services Secretary Robert F. Kennedy Jr. President Donald Trump on Thursday nominated Erica Schwartz to serve as director of the […]

Here are all the ways the Iran war has affected the U.S. economy so far
Stocks News

Here are all the ways the Iran war has affected the U.S. economy so far

The Iran war is starting to show up in ways both obvious and not so much, with soaring energy costs leading the impact and potential hits on broader growth simmering beneath the surface. Should the current ceasefire hold, inflationary impacts will wear off. If fighting resumes, the future becomes much murkier, threatening the fragile growth […]

The marketplace is seeing a feverish rotation. Here’s Cramer’s advice on how to play it
Stocks News

The marketplace is seeing a feverish rotation. Here’s Cramer’s advice on how to play it

CNBC’s Jim Cramer mentioned the industry is rotating out of former winners into previously lagging stocks. Rotations are “tricky” to navigate, the “Mad Money” host commented. “We don’t know why stocks go up in this period.” CNBC’s Jim Cramer mentioned Wednesday that investors are witnessing a sharp and disorienting sector rotation, with yesterday’s winners suddenly […]

Epstein accusations fly in Senate after César Chávez Monument row
Stocks News

Epstein accusations fly in Senate after César Chávez Monument row

Jeffrey Epstein allegations flew during a spat between Sens. Mike Lee, R-Utah, and Martin Heinrich, D-N.M., over the fate of the César Chávez National Monument. Heinrich, the top Democrat on the Senate Energy and Natural Resources Committee, objected to a bill on Tuesday to defund and close the monument after multiple women accused the deceased […]

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