The burgeoning weight-loss drug industry could be worth as much as $200 billion within the next decade, according to Barclays bank.Story Published at: April 28, 2023 at 06:08AM
Obesity drug industry could be worth $200 billion within the decade, says Barclays, as market valuations grow
CNBC Daily Open: Markets had their best day in months
Tech shares and a soft domestic growth number gave U.S. markets the best day they’ve had in months.Story Published at: April 28, 2023 at 01:19AM
The pandemic drove Clubhouse to a $4 billion valuation that never looked sustainable
Clubhouse said on Thursday that’s it cutting half its staff two years after investors valued the nascent startup at $4 billion.Story Published at: April 28, 2023 at 12:15AM
43-year-old used her life savings to open a bar that only plays women’s sports—it brought in almost $1 million in 8 months
Jenny Nguyen, founder of Portland, Oregon-based The Sports Bra, says she never wanted to start her own bar or restaurant. Here’s what changed her mind.Story Published at: April 27, 2023 at 07:19PM
Snap plunges on first quarter revenue miss
Snap continues to suffer in a tough digital ad market with its first quarter sales missing analyst projections.Story Published at: April 27, 2023 at 09:18PM
Hasbro, Mattel shares rise as toymakers announce multiyear licensing agreement, increased IP focus
Hasbro, Mattel and other toy stocks rallied on Thursday after mixed earnings reports from the two rival toymakers. Story Published at: April 27, 2023 at 07:52PM
Coinbase offers a fiery response to the SEC’s threat of enforcement action
The crypto exchange unleashed the latest salvo against the regulator in an arguably existential battle over Coinbase’s business model.Story Published at: April 27, 2023 at 07:54PM
SEC’s Gensler says ‘the law is clear’ for crypto exchanges and that they must comply with regulators
SEC Chairman Gary Gensler wrote in a post on Thursday that crypto exchanges “must come into compliance, register with us, and deal with conflicts of interest.”Story Published at: April 27, 2023 at 06:10PM
Investing in Space: Relativity CEO bets on bigger rockets, A.I. capabilities
Relativity Space isretiring its pioneering 3D-printed Terran 1 to focus exclusively on a new heavy-lift rocket called Terran R.Story Published at: April 27, 2023 at 05:42PM
Amazon set to report first-quarter earnings after the bell
Amazon CEO Andy Jassy has been aggressively slashing costs through layoffs, a corporate hiring freeze and by ending some experimental projects.Story Published at: April 27, 2023 at 02:00PM