Markets
- Shares in Wegovy-maker Novo Nordisk pop 6% after GLP-1 pill approval - The FDA on Monday approved the first-ever GLP-1 pill from the Danish pharmaceutical giant.
- South Korea's Hanwha Ocean sees shares jump 10% after Trump says firm to build warships for U.S. Navy - Trump said that the frigates will be built at the Philadelphia shipyards, which Hanwha had invested $5 billion into.
- Asia-Pacific markets mostly climb after AI trade lifts Wall Street overnight - Investors in Asia will watch out for AI-related plays in the region, as well as inflation reading out of Singapore.
- Trump halts wind projects, including Coastal Virginia Offshore Wind, Dominion stock drops 4% - Interior Secretary Doug Burgum said the administration paused the projects due to national security concerns identified by the Pentagon.
- Gold and silver prices soar to new highs as the yellow metal reemerges as a hedge - It comes as fiscal deficits and the race for the next chair of the Federal Reserve weighs on investors' minds.
- Asia-Pacific markets poised for gains ahead of China's key lending rate decision - Asia-Pacific markets were set to climb Monday as investors look toward benchmark lending rate decisions coming out of China later in the day.
- Why the chocolate in your holiday candy could be ‘fake’ this year - Unpredictable cocoa markets have prompted some candy makers to rethink how they're sourcing chocolate.
- Here are 5 bear cases for Nvidia — and why each one of them is wrong - It's a brutal parade of horrors, so steel yourself, and — spoiler alert — I don't believe any of it.
- Here are 2 things we're watching in the stock market this week - Will Santa Claus come to Wall Street? And, how do holiday shoppers feel about the economy?
- To lower crypto investment risk, the market is starting to diversify - Cryptocurrency market volatility won't go away, but the market is beginning to apply portfolio diversification ideas to assets like bitcoin.