Author: Anthony M. Orbison

Investing.com — Novo Nordisk (CSE:) shares jumped over 9% on Monday, despite the company’s disappointing results for its experimental obesity treatment, CagriSema.  This followed the release of data from the REDEFINE-1 phase 3 trial, which evaluated CagriSema—a combination of cagrilintide, an amylin agonist, and semaglutide, a GLP-1 receptor agonist—for its efficacy in promoting weight loss. As per analysts at Bernstein, the trial demonstrated a weight loss of 22.7% after 68 weeks of treatment, with a placebo-adjusted result of 20.3%.  While this outcome was a step up from the individual components alone, it fell short of both expectations and the company’s own projections. …

Dogecoin (DOGE) has experienced significant success in its 11-year history. The asset’s price skyrocketed during the 2021 bull run. Early investors made millions of dollars in profit with minimal investments. DOGE’s price witnessed another price spike earlier this year after Donald Trump won the US Presidential election.Let’s see how you can become a millionaire with the memecoin by 2030.Also Read: Top 3 Cryptocurrencies To Watch For New Year 2025Dogecoin’s Price Projections For 2030Source: Watcher GuruAccording to Changelly analysts, DOGE will continue to rally over the next few years. The platform anticipates the asset to hit a potential maximum price of…

Copley Acquisition, a special purpose acquisition company (SPAC) backed by Hong Kong-based investment firms Pacific Aegis Capital Management (PACM), Gobi Partners and Hermitage Capital, plans to raise US$150 million on the New York Stock Exchange (NYSE). The SPAC priced its initial public offering (IPO) of 15 million units at US$10 each, according to its filing to the US Securities and Exchange Commission on Friday. The listing of the SPAC could be in February 2025, subject to regulatory approval. The proceeds will be used to combine with merger targets in the technology and lifestyle sectors in North America and Asia-Pacific, excluding…

Are you ready for a quantum leap?No, this is not the 1989 TV show about the scientist who gets trapped in time after a botched government experiment and must leap from body to body. And, no, it’s not a 2022 reboot, either.Related: Analyst unveils top tech stocks to buy for 2025This is for real- or it will soon be, according to those in the know.Quantum computing is one of the main areas of emerging quantum technology, and it’s generating a lot of buzz right now. This field of computer science applies the laws of quantum mechanics to simulate and solve complex…

Top US-based crypto exchange platform Coinbase is removing support for Wrapped Bitcoin (wBTC) as the crypto king crashes below six figures. In a new thread on the social media platform X, Coinbase Assets says it has disabled trading services for wBTC, the tokenized representation of Bitcoin (BTC) on the Ethereum (ETH) blockchain, as the digital asset no longer meets the firm’s listing standards. “We have disabled trading for wBTC. Your wBTC funds will remain accessible to you, and you will continue to have the ability to withdraw your funds at any time.” Coinbase – which first announced its decision to…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK economy failed to grow in the third quarter, in the latest blow to a government already under fire from businesses for its tax-raising Budget.GDP did not register any growth in the three months to September, the Office for National Statistics said on Monday, down from its first estimate of a 0.1 per cent expansion. The economy was held back by the dominant services sector, which stagnated over the quarter. Production output fell 0.4 per cent, offsetting a 0.7 per cent…

ROME (Reuters) – Italy’s antitrust agency (AGCM) said on Monday it had opened an investigation into Edison’s sale of its gas storage unit to gas grid operator Snam. AGCM said in its weekly bulletin it would probe whether the deal could significantly restrict competition “by strengthening Snam’s dominant position in the gas storage market.” When the two companies announced in July the deal for the three gas storage sites, they said it was worth up to 630 million euros ($656.52 million). ($1 = 0.9596 euros) Source link

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…

(Bloomberg) — Bond traders have rarely suffered so much from a Federal Reserve easing cycle. Now they fear 2025 threatens more of the same. Most Read from Bloomberg US 10-year yields have climbed more than three-quarters of a percentage point since central bankers started slashing benchmark interest rates in September. It’s a counterintuitive, loss-inducing response, marking the biggest jump in the first three months of a rate-cutting cycle since 1989. Last week, even as the Fed delivered a third consecutive rate cut, 10-year Treasury yields surged to a seven-month high after policymakers led by Chair Jerome Powell signaled that they…

Anyone who is even contemplating retirement has considered the optimal time to start receiving Social Security benefits. That’s because for most Americans, the Social Security benefit is a significant source of income in retirement—for 40% of Americans, it’s the sole source of income during their retirement years. Retirees can start receiving benefits as early as 62, although the “full retirement age” for Americans born in 1960 or later is 67. 💰💸 Don’t miss the move: SIGN UP for TheStreet’s FREE Daily newsletter 💰💸But personal finance expert and best-selling author Suze Orman says most people should delay even longer—until they are 70.  Suze…