The Outlook for Weight-Loss Drugs Just Got 'Turbocharged.' It's Good for Eli Lilly, Novo Nordisk.
New trial data for Novo Nordisk's Wegovy drug could herald a paradigm shift in weight-loss treatments.
Source: marketwatch.com
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Consumer Cos Flat Ahead of Retail Earnings -- Consumer Roundup
Consumer companies were flat amid anticipation of a strong earnings season for retailers. Most retailers work on a slightly delayed fiscal earnings calendar...
Source: marketwatch.com
Ozempic Maker Novo Nordisk Has a Weight Problem
What happens when one company accounts for more than half of a stock index?
Carsten Snejbjerg Bloomberg Eli Lilly Novo Nordisk Wsjfinance Markets Healthcare Life Sciences North America
Source: wsj.com
Bond Yields Haven't Settled. Why It's the Biggest Question for Stocks.
Scalise quits speaker race amid struggle for gavel, Microsoft-Activision deal set to close after U.K approval, and other news to start your day.
Jerome Powell Federal Reserve Fed Chairman Jerome Powell Article Normal Debt Bond Markets Commodity Financial Market News
Source: marketwatch.com
Musk's Lead Atop World's Rich List Widens as Economic Woes Impact LVMH's Arnault
A tumble in LVMH stock this week has reduced the wealth of Bernard Arnault, who controls the luxury giant. Jeff Bezos could soon overtake him.
Source: marketwatch.com
Why Luxury's Loss Could Be Big Tech's Gain
A broader cooling in luxury sales could disappoint investors who grew accustomed to the sector's supercharged growth during the pandemic.
Article Normal Motor Vehicle Parts Paper Mills Basic Materials Resources Consumer Goods Luxury Goods
Source: marketwatch.com
LVMH Sales Miss Forecasts Amid Luxury Industry Slowdown -- Update
By Mauro Orru LVMH Moet Hennessy Louis Vuitton posted sales below analysts' expectations for the third quarter as the luxury-goods industry grapples with...
Mauro Orru Moet Hennessy Louis Vuitton Hennessy Louis Vuitton Article Normal Consumer Goods Luxury Goods
Source: marketwatch.com
LVMH Stock Dives. The Economic Slowdown Isn't Just a China Problem.
The luxury behemoth gave limited outlook on China but revealed low single-digit growth in the U.S. and more significant headwinds in Europe.
Source: marketwatch.com
Consumer Cos Flat Ahead of Data -- Consumer Roundup
Consumer companies were flat as traders hedged their bets ahead of inflation data Thursday. Shoemaker Birkenstock fell on its stock-market debut, another...
Source: marketwatch.com
Sales Slow at Louis Vuitton's Owner as China Sputters
Luxury-goods retailer struggled to lure Chinese consumers back to its stores
Source: wsj.com