An analysis of the GLP-1 drug market highlights Eli Lilly's dominance in growth and pipeline strength, while Novo Nordisk's lower valuation offers a potential value play. Amgen is positioned as a speculative contender with its drug candidate in late-stage trials.
NVIDIA CEO Jensen Huang has directly refuted reports of manufacturing delays for the company's next-generation Vera Rubin AI platform, a critical move to reassure investors and counter competitive threats from rivals like AMD.
U.S. equities fell on Friday, with the Nasdaq Composite posting the steepest losses as technology and consumer stocks came under pressure. The Dow and S&P 500 also ended the session in negative territory amid a significant rise in market volatility.
Analysts at Stifel identified Celestica, Jabil, and TTM Technologies as top picks in the supply chain technology sector, citing robust order backlogs and expanding AI-related revenues as key investment drivers.
SpaceX is reportedly negotiating a major AI computing contract with the Pentagon, a move that briefly lifted its stock. The news sent shares of cloud provider CoreWeave lower amid concerns that SpaceX could aggressively undercut market pricing.
The Federal Aviation Administration will allow Boeing to issue its own airworthiness certificates for all new 737 MAX and 787 aircraft, a key milestone that signals regulatory confidence and supports the planemaker's production ramp-up.
Elon Musk's SpaceX is reportedly in discussions with the U.S. Department of Defense for a major contract to provide data center capacity for artificial intelligence models, according to The Wall Street Journal.
Investors are set to receive a broad economic snapshot as industrial giant Steel Dynamics, consumer staple Domino's Pizza, and a host of regional banks prepare to release their quarterly financial results on Friday.
Shares of Intuitive Surgical plunged after the company issued a weak growth forecast, while Travelers posted strong gains on solid Q2 earnings. The moves highlighted a day of trading where company-specific news drove significant divergence among major stocks.
