Estee Lauder stock price analysis: rebound can’t be ruled out
Estee Lauder stock price has been left behind in the past few years as the once-popular brand goes through its deepest slump in years. It has plunged from a high…
Asian markets close: Nikkei flat as Japan’s GDP contracts; Sensex dips 200 pts
Indian benchmark equity indices concluded Friday’s trading session in negative territory, pulling back from a seven-month high achieved in the previous session. A sharp reversal in domestic technology stocks was…
Rich List 2025: UK billionaires decline for first time in years amid market turmoil
The number of billionaires in the United Kingdom has fallen for the first time in years, as global market turbulence and changes to the country’s tax regime take a toll…
Novo Nordisk CEO to step down as obesity drug competition intensifies
Novo Nordisk said on Friday that Chief Executive Officer Lars Fruergaard Jørgensen will step down, a decision made jointly with the board as the company confronts mounting competitive and financial…
Archer Aviation wins LA28 Olympics contract: is ACHR grossly undervalued?
Archer Aviation Inc (NYSE: ACHR) has been named the official air taxi provider for the LA28 Olympics. Shares of the eVTOL company are up 10% at the time of writing.…
Eli Lilly pulls ahead of Novo in obesity drug gold rush as new players crowd in
The global weight-loss drug market, once dominated by Novo Nordisk, is undergoing a dramatic transformation. On Friday, the Danish pharmaceutical giant announced it would replace its long-serving chief executive, Lars…
What made Cox Communications say ‘yes’ to a buyout after years of resistance?
Cox Communications has been a potential takeover target for years. But despite several attempts from multiple suitors, the company always remained steadfast in rejecting all buyout proposals. However, that changed…
Charter, Cox to merge in mega deal to counter streaming and wireless giants
Charter Communications has agreed to acquire privately held Cox Communications for $21.9 billion, combining two of the largest cable and broadband providers in the US as the industry grapples with…
Stephanie Link reveals her favourite retail stocks after April inflation data
US retail stocks are in focus this week after the Bureau of Labour Statistics said that inflation was up slightly less-than-expected in April. Inflation data tends to be significant for…
Nvidia says it is not sending GPU designs to China after reports of new Shanghai operation
Nvidia said it won’t be sending graphics processing unit plans to China following a report that the artificial intelligence chipmaker is working on a research and development center in Shanghai in light of…