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The owner of Wegovy and Ozempic has suffered a significant setback, as its highly anticipated new weight-loss treatment was labelled “obsolete” after disappointing clinical trials.Novo Nordisk’s shares fell sharply on Monday after the results from testing the Danish company’s CagriSema drug fell short of investors’ expectations.The weekly injection combines an amylin analogue with GLP-1 to regulate the metabolism, suppressing appetite and making users feel full more quickly. This means CagriSema leads to greater weight loss than Novo’s popular Wegovy and Ozempic GLP-1 jabs.The study was designed to show that CagriSema is at least as good as the Novo rival Eli…
Bitcoin dipped below $65,000 on Monday as investors weighed mounting tariff uncertainties and geopolitical concerns. The token traded as low as $64,830 early as it continued a nearly 5% slide that began a day earlier. Over the weekend, that decline brought the digital asset to $64,324 at its nadir, marking its lowest level since Feb. 6 when it hit $60,062. Bitcoin was last down more than 2% at $65,836.68 at 9:40 a.m. ET. Stock Chart IconStock chart iconBitcoin YTDThe world’s oldest cryptocurrency has taken a dive, particularly as geopolitical and macroeconomic uncertainties spark investors’ flight from risk-on investments. Last week, U.S.…
Strategy (formerly MicroStrategy) Chairman Michael Saylor has hinted on X that the firm is poised to execute its 100th Bitcoin acquisition, marking a symbolic milestone nearly six years after the company began its aggressive treasury reserve policy. The Orange Century. pic.twitter.com/8zelTduTPC— Michael Saylor (@saylor) February 22, 2026 The upcoming purchase follows a persistent buying streak, with the firm accumulating assets consistently over the downturn despite trading conditions that have placed its massive position $12.4 billion underwater. Key Takeaways Strategy currently holds 717,131 BTC acquired at an average cost of $76,027 per coin, totaling an investment basis of over $54 billion.…
Heavy snowfall rates of 2-3 inches per hour and gusty winds of 40-70 miles per hour hit the Northeast on Monday.
The MSC Emma container ship on the dockside at the Port of Felixstowe in Felixstowe, UK, on Thursday, Nov. 20, 2025.Bloomberg | Bloomberg | Getty ImagesBritish companies are seeking deeper trade ties with Europe, business groups told CNBC, as U.S. President Donald Trump unveiled a sweeping 15% tariff on all imports after the Supreme Court struck down previous levies.New tariffs would mark a 50% increase on the level negotiated last year in a trade deal between the U.K. the U.S., making the country one of the worst hit, according to analysis from think tank Global Trade Alert. While U.S. Trade…
Airline stocks are taking a hit as a major Northeast snowstorm is leading to thousands of flight cancellations.
Tariffs need to become law or the federal budget will take a hit. Lawmakers have less than 150 days to decide.
A departure board dispays information about cancelled flights, during a winter storm at LaGuardia Airport in New York City, U.S., February 23, 2026. Shannon Stapleton | ReutersA powerful blizzard ground air travel to a near halt at major airports serving New York City, Boston and Philadelphia on Monday. Disruptions are set to last through at least Tuesday, once again testing carriers on how quickly they can recover at the tail-end of winter break.Much of the East Coast from Maryland to Maine was under a blizzard warning, with heavy snow totaling nearly two feet in parts of New Jersey and on…
The S&P 500 has a concentration problem, and crypto still rides the same plumbingTen companies have been carrying the S&P 500 like a heavy tool belt, and the weight shows up in one number: about 41% at the end of 2025.As of press time, the top ten add up to about 37.3%, and Nvidia alone accounts for about 7.37% of the index.That little drop matters as a signal worth tracking closely to determine whether it reflects normal operating pressure or a developing structural issue.Global Markets Investor calls it a bubble, and the word fits the mood, yet the more useful…
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