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Novo Nordisk Says Its ‘Wegovy In A Pill’ Delivers Big: ‘16.6% Average’ Weight Loss, Over 20% For One-Third Of Adults Struggling With Obesity
Novo Nordisk A/S (NYSE: NVO) is seeking FDA approval for the pill version of its obesity drug, Wegovy. The company highlights early data that shows safety and efficacy figures that are similar to its injectables. read more
Uber CEO Dara Khosrowshahi Says ‘Average Waymo In Austin Is Busier Than 99%’ Of Human Drivers
Uber Technologies Inc. revealed that autonomous vehicles from Alphabet Inc.’s Waymo unit are outperforming human drivers. read more
Ethereum Flat After Pectra Upgrade, But Analyst Foresees Overhaul ‘Tailwind’ That Could Take ETH Above $2,000
Ethereum’s (CRYPTO: ETH) widely anticipated Pectra upgrade failed to have an immediate impact, with the second-largest cryptocurrency barely moving after its activation Wednesday. What happened: ETH was up 0.96%, while trading volume rose scarcely by 0.52% over the last 24 hours. read more
Bob Iger Admits Marvel Lost Focus By Making Too Much Content, Saying ‘Quantity Does Not Necessarily Beget Quality’ — Here’s What Disney Plans To Do Now
Disney CEO Bob Iger admitted Marvel lost focus by overproducing for streaming and announced a shift back to high-quality theatrical films like Thunderbolts to restore the franchise’s strength and drive future growth. read more
Trump Tariff Pressure Reportedly Opens Global Doors For Elon Musk’s Starlink As Nations Rush To Show ‘Goodwill’
Countries facing U.S. tariffs are increasingly fast-tracking Elon Musk’s Starlink approvals to smooth trade ties with the Trump administration, boosting SpaceX’s global expansion and driving its massive valuation growth. read more
Cathie Wood Strengthens AI Chip Holdings With Nvidia And AMD Purchases, Reduces Palantir Position By Another $38.8 Million
On Wednesday, May 7, 2025, Cathie Wood’s Ark Invest Pours $24M Into Nvidia and AMD While Offloading $38.8M in Palantir Shares. read more
Bitcoin Taps $98,000, Ethereum, Dogecoin Steady As Fed Chair Jerome Powell Raises Trump Tariff-Induced Concerns: Analyst Says ETH Holding Above ‘Crucial Level’ And Begins Its ‘Bounce Upwards’
Leading cryptocurrencies traded sideways on Wednesday, as the Federal Reserve warned of macroeconomic dangers from President Donald Trump’s tariff moves. read more
Jeff Bezos Once Admired How Sony Set Out To Change Japan’s Image After World War II — And If You’d Put $1,000 Into The Company’s Stock 40 Years Ago, Here’s How Much You’d Have Today
Jeff Bezos has long admired Sony’s mission to elevate Japan’s global image, and over the past 40 years, a $1,000 investment in Sony stock would have grown to more than $21,000, reflecting the company’s lasting success. read more
‘No’ — Trump Shuts Down Tariff Rollback Buzz Ahead of China Talks
Trump firmly ruled out easing the 145% tariff on Chinese imports, tying any reduction to China halting fentanyl exports ahead of critical trade talks. read more