Employer insurance coverage for GLP-1 weight-loss drugs is shrinking, yet Eli Lilly just posted a 47% revenue surge. Something underneath the headlines is keeping volumes alive, and it changes how shareholders should read every coverage headline going forward.
Down 8% to $79.20 from an $86.13 open, a single-session reset that lops roughly $2 billion off a $22.9 billion market cap. Whether the $86 level gets reclaimed is the next thing to watch.
Growth names took the harder hit into the weekend, with the Nasdaq down 0.50% while the S&P 500 held up better. That gap is the market repricing a September Fed hike that was unthinkable a month ago.
Electra Therapeutics files S-1 for a Nasdaq IPO under ETRA
Electra Therapeutics filed its S-1 to list on Nasdaq, with Jefferies, TD Cowen, Evercore ISI and Cantor running the book. Terms and deal size are not set yet, so the pricing amendment is the next thing to watch.
Source: SEC filing
Filing for Social Security while still working sounds like a straightforward win, but a hidden IRS rule can quietly turn months of perfectly legal HSA contributions into a recurring tax penalty that compounds every year you miss it.
She waited until she felt healthy again before shopping for Medigap coverage after a coronary stent, not realizing that the insurers she called had their own way of counting those months of good health.
Western Digital has surged 168% this year while peers in flash and DRAM keep climbing, yet WDC stock just shed 13% without a single company-specific headline to explain it. Something inside the storage market is shifting, and the answer changes whether this dip is a gift or a wa…
A retiree buys a municipal bond specifically to dodge federal taxes, and it works perfectly on the interest. What he never expected was the bill that showed up somewhere else entirely.
A Fed president who spent last year demanding tougher rate policy now describes current rates as accommodative, even as inflation drifts higher and AI-driven energy demand adds a force the Fed has no clean tool to fight.
Seventy-nine companies report next week, and Tuesday morning does the heavy lifting: NIO and Medtronic both deliver before the open, one a read on Chinese EV demand, the other on medtech spending. Monday starts quieter with SAIC and a run of small-cap international names.
Dave Ramsey looked at a 46-year-old sitting on $2.7 million, conceded the math worked, and then told him to keep working anyway. The reason he gave had nothing to do with money.
Vistance Networks leads today's payments with $1.15 billion going to shareholders. T-Mobile is close behind, with eBay, Columbia Banking System and Mechanics Bancorp rounding out the list.
