By Maggie Fick and Mariam Sunny (Reuters) -Novo Nordisk said on Thursday it would buy U.S.-based Akero Therapeutics for up to $5.2 billion to gain access to a promising liver disease drug candidate, in the first major deal by the Danish drugmaker's new CEO to spur growth. Mike Doustdar, who took the helm at the Wegovy maker in July, has signaled a focus on new, highly effective obesity and diabetes drugs that can also treat related cardiometabolic conditions such as MASH, rather than expanding into other ...

Google parent Alphabet (GOOGL) is launching a Gemini Enterprise subscription offering for businesses to build and deploy AI agents, the tech giant announced Thursday. Google stock slipped in morning trades. The move comes as tech giants like Amazon (AMZN), Microsoft (MSFT), OpenAI, IBM (IBM) and Oracle (ORCL) are racing to roll out AI agents to automate business tasks. Gemini Enterprise offering will "bring the full power of Google's AI to every employee," Google Chief Executive Sundar Pichai said in a blog ...

Welcome back. From global gaming to the NBA returning to China, high stakes bets are reshaping Macau. Contessa Brewer is there and she joins us live right now.Contessa, hi there, David. Behind me is the Londoner. It's the big rebuild and rebrand by Las Vegas Sands on the Kotai strip in Macau.A more than $2 billion investment with lots of focus on non-gaming amenities. And SANS, just like its competitors here, have committed collectively to spending $15 billion over the next decade with at least 90% earmarke ...

Treasury Secretary Scott Bessent signaled support for boosting the deposit insurance limits on certain accounts. "I'm encouraged to see emerging bipartisan support for increasing FDIC insurance limits on non-interest bearing transaction accounts," Bessent said Thursday at a community banking conference, referring to the Federal Deposit Insurance Corporation. He added that Treasury has sought to back up efforts in Congress to "modernize" the deposit insurance system. Currently, the U.S. government only i ...

MercadoLibre (NASDAQ: MELI ) continues to reinforce its positioning as a powerhouse in both the e-commerce and fintech spaces in Latin America, with the company benefiting from strong network effects and an ever-evolving line ofHello and welcome to my Seeking Alpha page. My name is Jack Elias, and I am a dedicated business student with a fervent passion for the world of investing. With a solid foundation in both theoretical knowledge and practical experience, I bring a unique perspective to the realm of fin ...

MercadoLibre (NASDAQ: MELI ) continues to reinforce its positioning as a powerhouse in both the e-commerce and fintech spaces in Latin America, with the company benefiting from strong network effects and an ever evolving lineHello and welcome to my Seeking Alpha page. My name is Jack Elias, and I am a dedicated business student with a fervent passion for the world of investing. With a solid foundation in both theoretical knowledge and practical experience, I bring a unique perspective to the realm of financ ...

We recently published Top 10 Stock Recommendations You Can’t Miss Amid Growing AI Bubble Fears. DigitalBridge Group, Inc. (NYSE:DBRG) is one of the top recommended stocks. Dan Veru, Palisade Capital Management senior partner and CIO, said in a latest program on CNBC that DigitalBridge is a decent stock to buy amid the company’s exposure to AI and infrastructure. “It’s a great read through into some of the key investments that are being made in the AI and AI infrastructure part of the economy, but you’re ...

Mark Mahaney, Evercore ISI head of internet research, said in a latest program on CNBC that Expedia (EXPE) is his top pick because the stock’s valuation is cheap. The analyst explains the reasons why he’s bullish on the stock: “Expedia is one of our top picks for the year. It’s kind of a contrarian call on our part, but part of it is it’s darn cheap. This thing still trades well under a market multiple, 13–14 times earnings. You have new management in place. If they are better executors and you can see th ...

Key Takeaways Micron's Q4 2025 revenues and non-GAAP EPS rose 46% and 157% year over year, fueled by AI-driven demand.Texas Instruments' Q2 2025 sales climbed 16%, while non-GAAP EPS surged 15.6%.Micro's forward P/E of 11.7X and 133.5% YTD gain make it more attractively valued than Texas Instruments.Micron Technology, Inc. (MU) and Texas Instruments Incorporated (TXN) stand at the center of the semiconductor boom, but they operate in very different areas. Micron Technology focuses on making memory chips lik ...

Key Takeaways HSBC is considering a $37B privatization of its Hong Kong unit, Hang Seng Bank.The offer implies a 1.8 price-to-book multiple, topping Hang Seng's past trading highs.HSBC will pause buybacks but expects the deal to lift earnings and strengthen its Asia focus.HSBC Holdings PLC (HSBC) is considering the privatization of its Hong Kong subsidiary, Hang Seng Bank, with a valuation of approximately $37 billion (HK$290 billion). Hang Seng shares are listed on the Hong Kong Stock Exchange.The valuatio ...