Weight-loss drug competition heats up. Is Wegovy in trouble?

INSIDER
The world's top chipmakers can flip a 'kill switch' should China invade Taiwan, Bloomberg reports
Chip giants ASML and TSMC have a remote shutdown option for their advanced EUV chipmaking machines, Bloomberg reported.
Simply Wall St.
3 High Yield Dividend Stocks On SGX With Yields Up To 8.2%
As Singapore continues to embrace technological advancements, the recent unveiling of a Web3 digital banking platform by Alchemy Pay highlights the market's progressive adaptation to the evolving landscape of digital finance. In this dynamic environment, high-yield dividend stocks on the SGX offer investors potential stability and consistent returns, qualities that are particularly appealing amid the rapid changes in financial technology and payment systems.
CNN
Fish oil supplements may raise risk of stroke, heart issues, study suggests
Supplements of fish oil may raise the risk of stroke and a form of heart disease called atrial fibrillation, a new study revealed.
GOBankingRates
If You Invested $20,000 in These Companies 20 Years Ago, You Would Be a Millionaire Now
Making a million dollars is no easy task if you're starting from scratch. It's going to take some combination of time, luck and work. Sometimes, though, if you're starting with some money, you can let...
INSIDER
A gastroenterologist has 3 tips to eat more fiber without getting bloating or constipation
Experts recommend eating more fiber to support gut health, but if you eat more than you're used to, you could end up bloated, gassy, and constiapted.
Barrons.com
AMD Is a Distant No. 2 to Nvidia. Its Stock Could Be a Winner Anyway.
The company’s new AI chip looks like a runaway hit. Why the shares might resume their long-term rise.
Reuters
Hedge funds buy Chinese stocks for fourth consecutive week
Global hedge funds added to their holdings of Chinese equities for a fourth straight week, joining hordes of investors trying to get ahead of a rebound in the market. Hedge funds bought Chinese stocks in the past seven out of eight weeks, Goldman Sachs prime brokerage team said in a note on Friday, seen by Reuters on Tuesday. China markets have unexpectedly outperformed world's major markets so far this year with Hong Kong's Hang Seng Index up by a third from its nadir in January.
The Independent
Trump Media stock slumps after reporting $327.6m first quarter loss, costing former president more than $766m
Company says losses are result of recent merger but share price has dropped 13.2% since Friday
The Guardian
Fish oil may increase risk of heart conditions and stroke, study finds
But supplements could reduce likelihood of heart attack for people who already have cardiovascular disease
AFP News
Nvidia profits soar on demand for AI power
Nvidia said Wednesday its quarterly net profit rocketed by seven times year-on-year on demand for its chips to power artificial intelligence in data centers.The California-based company reported a net profit of $14.9 billion, while its revenue of $26 billion was almost four times what it took in during the same fiscal quarter last year.
The Independent
Michigan man who had seizure on Royal Caribbean cruise forced to pay $2500 bill before evacuating
Vincent Wasney returned home from cruise in thousands of dollars of medical debt
Reuters
Canada's Power Corp shuts down China unit, lays off staff, sources say
Power Corporation of Canada (Power Corp) has shut its China investment unit and dismissed all staff, said two people briefed on the matter, becoming the latest Western financial firm to pull back amid the country's economic challenges. Power Sustainable, which is the asset management arm of Power Corp and manages $4.5 billion of assets globally, started laying off all of its 17 local staff in recent weeks as it moved towards shutting down the Shanghai-based unit, said the people. Economic slowdown has seen many of the Western financial firms that scrambled to expand China operations a few years ago take a hit on their earnings and rein in their ambitions for what was a key piece of their global growth strategy.
Simply Wall St.
Exploring SGX Dividend Stocks With DBS Group Holdings And Two Others
As global markets navigate through technological advancements and heightened cybersecurity measures, the Singapore Exchange (SGX) remains a focal point for investors looking for stability and potential growth. Amidst these evolving dynamics, dividend stocks like DBS Group Holdings offer a particular appeal due to their potential for regular income and relative resilience in fluctuating markets.
Reuters
Analysis-Bulls beat a path to China stock shop but foreigners dare not go in
Emboldened by China's latest measures and pledges to fix the weakest parts of its struggling economy, domestic investors are scooping up shares in a cheap stock market, while most foreign investors are hopeful but taking it slow. Last week's sweeping measures to support the property sector, which authorities dubbed as historic, were the latest in a series of steps China has taken since February in a bid to boost consumption, funnel state money into priority sectors and underpin the stock market. "To some extent, I think what's been announced isn't yet of a scale that is going to start putting a meaningful kind of tens of percentage points onto GDP," said Sunil Krishnan, head of multi-asset funds at Aviva Investors in London.
Reuters
Nvidia's strong forecast lifts shares of AI chipmakers
A stronger-than-expected revenue forecast from Nvidia after the bell on Wednesday lifted shares of the artificial-intelligence chipmaker and fueled gains in other chip and technology stocks. Shares of Nvidia were last up 3.5% while Advanced Micro Devices was up 1.2% and Broadcom was up 0.8% in after-hours trading. "I believe I heard a collective sigh of relief across Wall Street as many investors and analysts were nervous about Nvidia and the entire tech center ahead of this announcement," said Michael Schulman, chief investment officer at Running Point Capital.
People
Kourtney Kardashian Finally Opens Up About 'Super Rare' Fetal Surgery That Left a 'Hole in the Amniotic Sac'
Kardashian Barker underwent emergency fetal surgery last year when she was pregnant with baby Rocky
The Telegraph
Rolls-Royce wins contract for US military’s nuke-proof ‘doomsday plane’
Rolls-Royce has been chosen to supply technology for a new version of the American military aircraft nicknamed the “Doomsday plane” for its ability to survive a nuclear blast.
Zacks
This Top Consumer Discretionary Stock is a #1 (Strong Buy): Why It Should Be on Your Radar
The Zacks Rank offers investors a way to easily find top-rated stocks and build a winning investment portfolio. Here's why you should take advantage.
Reuters
Fed shifts talk to 'scenarios' as policy grows less certain
Federal Reserve Chair Jerome Powell said in a May 1 press conference he didn't want to talk about economic "hypotheticals," but that's what he and other U.S. central bank officials have shifted towards in discussing monetary policy that has hit an uncertain juncture in the effort to tame inflation. Dropping what had been explicit guidance about the likelihood of interest rate cuts this year, Powell and other Fed officials are instead focusing attention on broadly different near-term paths the economy might follow, and their likely reaction to each case. Former Fed officials and staffers with experience attending meetings of the policy-setting Federal Open Market Committee say that's a sign of just how uncertain policymakers feel right now and is meant to shift attention from the detailed economic and policy projections they produce each quarter and onto a wider array of potential outcomes.
BBC
Turbulence on horror flight 'like falling off a cliff'
Jerry, from Reading, had been travelling with family when the flight hit the severe conditions.

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Weight-loss drug competition heats up. Is Wegovy in trouble?

Latest stories

The world's top chipmakers can flip a 'kill switch' should China invade Taiwan, Bloomberg reports

3 High Yield Dividend Stocks On SGX With Yields Up To 8.2%

Fish oil supplements may raise risk of stroke, heart issues, study suggests

If You Invested $20,000 in These Companies 20 Years Ago, You Would Be a Millionaire Now

A gastroenterologist has 3 tips to eat more fiber without getting bloating or constipation

AMD Is a Distant No. 2 to Nvidia. Its Stock Could Be a Winner Anyway.

Hedge funds buy Chinese stocks for fourth consecutive week

Trump Media stock slumps after reporting $327.6m first quarter loss, costing former president more than $766m

Fish oil may increase risk of heart conditions and stroke, study finds

Nvidia profits soar on demand for AI power

Michigan man who had seizure on Royal Caribbean cruise forced to pay $2500 bill before evacuating

Canada's Power Corp shuts down China unit, lays off staff, sources say

Exploring SGX Dividend Stocks With DBS Group Holdings And Two Others

Analysis-Bulls beat a path to China stock shop but foreigners dare not go in

Nvidia's strong forecast lifts shares of AI chipmakers

Kourtney Kardashian Finally Opens Up About 'Super Rare' Fetal Surgery That Left a 'Hole in the Amniotic Sac'

Rolls-Royce wins contract for US military’s nuke-proof ‘doomsday plane’

This Top Consumer Discretionary Stock is a #1 (Strong Buy): Why It Should Be on Your Radar

Fed shifts talk to 'scenarios' as policy grows less certain

Turbulence on horror flight 'like falling off a cliff'