Roche Targets Weight-Loss Drug Market Dominated by Novo Nordisk, Eli Lilly
Roche moved to enter the booming weight-loss drug market now dominated by Novo Nordisk and Eli Lilly.
Top Oil Traders Turn Bearish on Prices, Seeing Global Oversupply
(Bloomberg) -- The mood at Houston’s big annual oil and gas get-together has been upbeat on the prospects for the industry under a fossil fuel-friendly Trump administration. But there’s a significant catch: some of the biggest oil traders are getting more bearish on the outlook for crude prices. Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsNYC Congestion Pricing Toll Gains Support Among City ResidentsElectric Construction Equipment Promises a Quiet RevolutionOpen Philant
Goldman Sachs cuts S&P 500 year-end target to 6,200 as economic outlook weighs on profit forecasts
Goldman Sachs moved down its S&P 500 year-end target as a recent drawdown in the benchmark index amid a weakening growth outlook have impacted stocks' upside in 2025.
Bank of Russia Proposes Crypto Investment Pilot for High-Net-Worth Investors
The central banks aims to establish standards for crypto-related services and increase market transparency while expanding investment opportunities for wealthy investors.
Crypto whale makes $3.65M on leveraged Ethereum bet
A whale account gained an unrealized profit of $3.65 million by placing 50x leveraged Ethereum trades on Hyperliquid.
US inflation cooled in February, but Trump’s tariff plans and trade war loom
Inflation slowed more than expected in February and cooled for the first time in four months, but that progress may be short lived as President Donald Trump ramps up his trade war, which threatens to increase prices for Americans.
PepsiCo downgraded, HubSpot upgraded: Wall Street's top analyst calls
PepsiCo downgraded, HubSpot upgraded: Wall Street's top analyst calls
SEC stalls Grayscale’s XRP ETF, analyst says 64 altcoins are awaiting approval
The U.S. Securities and Exchange Commission has delayed the decision on Grayscale's spot XRP exchange-traded fund (ETF) request, but Franklin Templeton has now joined the XRP ETF race.
CPI inflation data cools in February, easing investor fears about the health of the US economy
February's Consumer Price Index (CPI) report showed inflation pressures eased in February, calming some fears about the health of the US economy during a rocky few weeks for markets.
Bolivia turns to crypto for energy imports amid dollar, fuel shortages
Bolivia's state energy firm YPFB will use cryptocurrency to pay for energy imports amid a painful shortage of dollars and fuel in the landlocked South American nation, a company spokesperson and a government official told Reuters on Wednesday. The country is battling a dangerous slide in foreign currency reserves afters years of dwindling exports of natural gas, which has sparked off a fuel crisis in the country with regular long lines at gas stations and scattered protests. A spokesperson for state-run energy firm YPFB told Reuters that a system had been put in place to use cryptocurrency to purchase fuel imports after a government approval to use digital assets to help meet demand.