
UK green lights Lilly's obesity pill
The British medicines regulator on Monday authorised Eli Lilly's pill Foundayo for weight management and type 2 diabetes, becoming Europe's first country to do so.
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The British medicines regulator on Monday authorised Eli Lilly's pill Foundayo for weight management and type 2 diabetes, becoming Europe's first country to do so.

I am initiating coverage of the Corgi Lithography & Semiconductor Photonics ETF with a Buy rating, behind an ever-more compelling shift from memory to optics in AI infrastructure. EUV offers concentrated exposure to optics and optical interconnects (~29% weight), avoiding memory-heavy names and Chinese transceiver suppliers, and complements traditional semiconductor funds. Recent regulatory developments and Nvidia's platform evolution favor US and European optics suppliers, with the optics market growing at an infrastructure buildout pace.

European natural-gas prices climbed more than 5% as uncertainties surrounding the reopening of the Strait of Hormuz raised concerns about supplies ahead of winter.

India's Tata Consultancy Services said on Monday that it had received threat-intelligence alerts alleging the possible exposure of certain employee-related data, and added there was no indication that customer data or systems had been impacted.

Shein's growth and profitability has been hit by new tariffs and the removal of the de minimis exemption in the U.S., documents filed in connection with its Hong Kong IPO show. The company expects sales could decline even further in Europe, its largest market, as a result of similar regulatory changes that took effect this summer.

The US economy just shed 23,000 jobs. Yet, the news sent stocks up sharply on Friday.

Meta Platforms CEO Mark Zuckerberg has a response to the gloom about artificial intelligence coming from both inside and outside the industry: AI will be helpful for both the economy and society.

A weaker labor market may mean the Federal Reserve can cut interest rates amid benign wage inflation, says 22V.

The Meta CEO has a new game plan for winning over hearts and minds to his company's artificial-intelligence efforts.

The Meta CEO has issued a 6,500-word encyclical laying out the company's thinking on the AI race. Here are a few key takeaways.

ProShares Ultra Ether ETF is a 2x daily leveraged Ethereum vehicle designed for short-term tactical exposure, not long-term ETH ownership. ETHT's 47% rebound from its June low shows the upside of daily leverage when ETH trends, but the sharp February-to-June decline highlights the damage caused by volatility and daily compounding. Beta slippage and volatility drag can cause ETHT's longer-term returns to diverge materially from 2x Ethereum's return, making the path of ETH just as important as its direction.

Republican Congressman John Moolenaar, who leads the House Select Committee on China, called on the Trump administration to make sure chip manufacturers don't send advanced logic chips to untrusted Chinese firms.

CyrusOne, a data center operator owned by KKR and BlackRock's Global Infrastructure Partners, is preparing for an initial public offering as early as 2027, in what could be one of the biggest IPOs in the sector in recent years, according to people familiar with the matter.

Nasdaq leads the pre-market bid after weak payrolls cut Fed hike odds, but CPI and rising oil will decide whether tech stocks hold.

Iran says a deal with Oman around transit through the Strait of Hormuz is close, but ties the reopening of the waterway to conditions including U.S. compensation and an end to sanctions. CNBC's Dan Murphy has the latest from the region.