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- Global news flow & cues<br/>- Stocks to watch, trade setup<br/>- F&O strategies<br/><br/><br/>Samina Nalwala, Niraj Shah, and Tamanna Inamdar bring all this and more as we head toward the 'India Market Open'. #NDTVProfitLive
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Novo Nordisk is witnessing a surge in the number of patients starting on its weight-loss drug, Wegovy, in the U.S. This increase comes despite supply constraints and competition from Eli Lilly.<br/>The Danish pharmaceutical company is now shipping more introductory doses of Wegovy to the U.S., as it grapples with supply constraints and competition from Eli Lilly, reported Bloomberg on Friday.
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Cathie Wood’s Ark Invest was on a chip stock buying spree on Monday, and the purchase assumes importance because it came just ahead of Advanced Micro Devices' earnings.
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In 2023, buybacks by U.S. companies were valued at $795.1 billion, down from $922.7 billion in 2022.<br/>Apple has a massive cash hoard, with the war chest swelling to $162.34 billion by the end of the second quarter.
⏲ 1:15 👁 180K
Cignal ends PVL 2024 with a win<br/><br/>The Cignal HD Spikers finished their Premier Volleyball League (PVL) 2024 All-Filipino Conference with a dominating sweep against Capital 1, 25-19, 25-17, 25-20, at the PhilSports Arena in Pasig City on Saturday, April 27.<br/><br/>Team captain Ces Molina scored 12 points against Capital 1 and admitted that as a team they fell short and they have to return stronger next season. <br/><br/>Cignal finished the conference with a 7-4 win-loss card, while Capital 1 only had one win in its column with 1-10.<br/><br/>Video by Nicole Anne D.G. Bugauisan<br/><br/>Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe<br/> <br/>Visit our website at https://www.manilatimes.net<br/> <br/> <br/>Follow us: <br/>Facebook - https://tmt.ph/facebook<br/> <br/>Instagram - https://tmt.ph/instagram<br/> <br/>Twitter - https://tmt.ph/twitter<br/> <br/>DailyMotion - https://tmt.ph/dailymotion<br/> <br/> <br/>Subscribe to our Digital Edition - https://tmt.ph/digital<br/> <br/> <br/>Check out our Podcasts: <br/>Spotify - https://tmt.ph/spotify<br/> <br/>Apple Podcasts - https://tmt.ph/applepodcasts<br/> <br/>Amazon Music - https://tmt.ph/amazonmusic<br/> <br/>Deezer: https://tmt.ph/deezer<br/><br/>Tune In: https://tmt.ph/tunein<br/><br/>#themanilatimes <br/>#philippines<br/>#volleyball <br/>#sports
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EV giant Tesla reportedly earned over $17 million in charging infrastructure grants before it decided to lay off its supercharger team and downsize its charging infrastructure deployment goals.
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The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun utilizing irrevocable trusts to protect their assets from spend-down in order to qualify for government benefits, such as Medicaid and VA Aid and Attendance.<br/><br/>Prior to the issuance of this ruling, it was unclear whether assets passing to beneficiaries through an irrevocable trust would receive a step-up in basis, thereby eliminating any capital gains taxes that would otherwise be owed. Historically, assets that are disposed of during an individual’s lifetime are subject to capital gains taxes on the increase in value of that asset over time. The amount of capital gains owed is determined largely by the difference between the value at the time of purchase and the value at the time of transfer.
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CNBC’s Jim Cramer has expressed his support for the initial public offering of Viking, VIK, despite its high valuation. Cramer, on his show “Mad Money” on Thursday, discussed the IPO of Viking, a luxury cruise line, which is the largest IPO of the year so far. He noted that Viking’s stock is more expensive than its peers but still believes it’s a good investment.
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