Author: iannouncethis.com
WEIGHT-LOSS drugs called GLP-1 agonists help users shed fat, and with it the negative health effects of obesity. This can have life-changing effects for the people who take them. It is also increasingly affecting the lives of corporate citizens. Since June 2021, when Wegovy, the first GLP-1 slimming jab, was launched in America, the market value of WW (formerly Weight Watchers) has crashed by 90%. On February 28th Oprah Winfrey announced that she would leave the dieting firm’s board and sell all her shares in order to avoid conflict of interest around her use of GLP-1s. Food giants such as…
Based on Bitcoin’s past market cycles, we could expect the next crypto bull run to start after the Bitcoin halving in 2024 and reach its peak in late 2025. That said, the cryptocurrency markets are very unpredictable, so making any guarantees about future price movements is very difficult. Crypto goes through bull and bear markets where prices tend to move in one direction with occasional deviations – these phases are often referred to as “bull markets” and “crypto winters”, respectively. Right now, we’re still in a bear market, and the prices of most top cryptocurrencies are down significantly from their…
Chancellor Jeremy Hunt will deliver his 2024 Spring Budget on Wednesday 6 March. It was originally thought he would introduce a 99% loan-to-value mortgage scheme, but recent reports suggest that plan has been axed. The Sunday TImes also reports that holiday lets have been targeted for a tax raid by Hunt. The industry reflects on what they want, and expect, tomorrow. Daniel Austin, CEO and co-founder at funding specialist ASK Partners With housing set to be a battleground point in this year’s election, it is expected to feature heavily in Wednesday’s Budget. As the sector moves to the top of…
Alphabet Inc.’s GOOGL, -1.43% GOOG, -1.41% Google has a new name for its Bard AI chatbot: Gemini. The company announced the change Thursday, and said it is releasing a dedicated Gemini app for Android. It also said Gemini Ultra 1.0 — the largest and most capable version of Google’s large language model — is being released to the public. Source link
CNBC’s Eamon Javers reports on news from a heist in the cryptocurrency space. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC https://www.cnbc.com/select/best-credit-cards/ #CNBC…
Listen to this story. Enjoy more audio and podcasts on iOS or Android.Your browser does not support the <audio> element.The year is 2034. America’s “magnificent seven” firms make up almost the entirety of the country’s stockmarket. For Jensen Huang, the boss of Nvidia, another knockout quarterly profit means another dizzy proclamation of a “tipping point” in artificial intelligence. Nobody is listening. The long march of passive investing has put the last stockpickers and stock-watchers out of a job. Index mutual and exchange-traded funds (ETFs)—which buy a bunch of stocks rather than guessing which ones will perform best—dominate markets completely. Capitalism’s…
James KinotiA crypto enthusiast, James finds pleasure in sharing knowledge on fintech, cryptocurrency as well as blockchain and frontier technologies. The latest innovations in the crypto industry, crypto gaming, AI, blockchain technology, and other technologies are his preoccupation. His mission: be on track with transformative applications in various industries. Source link
The National Residential Landlords Association has called for the government to raise levels of Universal Credit to deal with current shortfalls. As it stands there are 1.5 million households rent privately using the Local Housing Allowance, though two thirds (64%) of the group have a shortfall between the payment and their monthly rent. Ben Beadle, chief executive of the National Residential Landlords Association, said: “It is time to fix the broken housing benefit system once and for all. “The repeated freezes of the support available and the lack of clarity about rates in the future is causing insecurity and anxiety…
Wall Street’s negative sentiment around New York Community Bancorp continued Monday even as an analyst reiterated a buy rating on the stock and said its business remains strong enough to handle expected loan risk.The ratings actions around New York Community Bancorp’s stock NYCB, -11.69% remained mixed, however, as Moody’s Investors Service issued its second debt downgrade on the bank in about a month. New York Community Bancorp’s stock fell 11.4% to $3.15 on Monday. Janney stock analyst Christopher Marinac said the bank has more loss capacity to handle any loan stress than investors understand. “There is sufficient loss coverage from…
Every day, millions of sailors, truck drivers, longshoremen, warehouse workers and delivery drivers keep mountains of goods moving into stores and homes to meet consumers’ increasing expectations of convenience. But this complex movement of goods underpinning the global economy is far more vulnerable than many imagined. Photo illustration: Adele Morgan 0:00 Where’s my stuff? How record demand broke supply chains 3:10 Ocean shipping—the journey from Asia 8:01 Inside America’s most backlogged port 13:50 Why there aren’t enough truck drivers 26:00 The humans and robots working in fulfillment centers 38:11 The last mile—how products get to your doorstep 50:06 How can…