News

News - November 15, 2024

Photo by Thomas M. Evans / Unsplash

Corporate Developments

The Onion: Acquired Infowars, signaling a potential satirical take on the controversial platform.
Google ($GOOGL): Released a standalone Gemini AI app for iPhones, furthering its AI ecosystem, while planning to stop serving political ads in the EU amid regulatory challenges.
Amazon ($AMZN): Launched fixed pricing for hair loss and ED medications in partnership with $HIMS, aiming to disrupt telehealth services.
NVIDIA ($NVDA): Faces a potential lawsuit as the Supreme Court looks to allow the case to proceed.
FTC Investigation: Microsoft ($MSFT)'s cloud business practices are under scrutiny for possible anti-competitive behavior.
Palantir ($PLTR): Plans to switch its stock listing from the NYSE to NASDAQ, aligning with many tech companies.
Lawsuits:
- Eli Lilly ($LLY) and Johnson & Johnson ($JNJ) filed suits challenging government policies on drug discount programs.
- General Motors ($GM) fined $500,000 for submitting a false crash report in San Francisco.

Financial Markets

US Household Debt: Reached $17.94 trillion in Q3, a 0.8% increase, reflecting persistent borrowing amid high interest rates.

News - November 20, 2024

Corporate Moves & Product Launches: * Jaguar's new ad sparks social media buzz. * Netflix ($NFLX): Paul-Tyson match breaks records with $18M in-person ticket sales. * Novo Nordisk ($NVO): Wegovy launched in China at a significantly lower price than in the US. * Disney ($DIS): Debuts new cruise ship Treasure; plans to

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News - November 19, 2024

Business & Market News * Unusual Sales: A banana taped to a wall is reportedly valued at $1.5 million, demonstrating modern art’s divisive value system. * Corporate Updates: * McDonald’s ($MCD): Plans to spend $100 million on a marketing campaign to overcome public concern over E. Coli outbreaks. * Spotify ($SPOT)

News - November 18, 2024

The global desalination market is set to double within eight years, reflecting growing concerns over water scarcity, as only 3% of the world’s water supply is fresh. Meanwhile, a new cosmetic surgery procedure offers individuals the option to change their eye color for $12,000, signaling advancements in elective