The energy sector can put a jolt into your passive income these days. Two energy stocks with big-time yields are Energy Transfer (NYSE: ET) and Pioneer Natural Resources (NYSE: PXD). Energy Transfer recently gave its investors another huge raise.
A drug that literally makes people lose weight. A decade ago, that would have been considered a gimmick if not an outright hoax. Today, it is a reality that has not only changed the weight-loss game for good, but holds the potential to disrupt numerous sectors related to peoples’ physical shape and size — clothing manufacturers and food producers being but two examples. It’s not often that a drug comes along that changes the course of history. Yet that’s exactly what Novo Nordisk’s Ozempic and its sister drug Wegovy have done - and why Novo Nordisk (NVO), in its 100th year of operation, is Yahoo Finance’s 2023 Company of the Year. Recent research from Goldman Sachs projects 15 million adults in the US will be on anti-obesity medications by 2030, representing 13% penetration in the US adult population — not including diabetic patients. That’s already translated into some weighty sales numbers for Novo, in turn sending its stock price up close to 50% through 2023, well ahead of the S&P 500’s 20% gain. To be sure, Ozempic is not necessarily the foolproof magic weight-loss elixir that some analysts and investors think and expect it to be. On the contrary, there is competition, knock-offs, and much more research and development ahead to truly make diabetes and by extension obesity a thing of the past.
Brazil's Vale estimated its copper production at 320,000 to 355,000 tons in 2024 versus 325,000 tons this year. Global copper production next year and in 2025 is expected to be around 27 million tons. Even before Anglo's announcement, Bank of America analyst Michael Widmer had removed Cobre Panama from his estimate of copper supplies for next year and switched his forecast from a small surplus to a deficit.
QuantumScape (NYSE: QS) was one of the hottest electric vehicle (EV) stocks of 2020. The maker of solid-state batteries went public by merging with a special purpose acquisition company (SPAC) on Nov. 27, 2020, and its stock opened at $24.80 on its first trading day before skyrocketing to an all-time high of $131.67 on Dec. 22. Let's see why its stock crashed -- and why you might regret not buying this dip.
The COP28 climate negotiations entered crunch time on Monday with countries set for a final summit face-off over whether to reach a global agreement to phase out fossil fuels. U.N. Secretary General Antonio Guterres sought to encourage a consensus, saying a central benchmark of success for COP28 would be whether it yields a deal to reduce coal, oil and gas use fast enough to avert disastrous climate change.
LONDON, December 11, 2023-- TR-1: Standard form for notification of major holdings
A council meeting on Monday will discuss borrowing £10m as record numbers ask for housing support.
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Key Insights The considerable ownership by retail investors in Richards Packaging Income Fund indicates that they...
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A yellow weather warning is in place from 21:00 GMT on Monday until 07:00 on Tuesday.
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STORY: "The COP covers many aspects and it depends on the global balance but a central aspect, in my opinion, of the success of the COP will be for the COP to reach a consensus on the need to phase out fossil fuels," he told reporters."That doesn't mean that all countries must phase out fossil fuels at the same time."The talks in Dubai have highlighted deep international divisions over the future role of oil, gas and coal that are complicating efforts by nearly 200 countries to hash out an agreement before the summit's scheduled end on December 12.
George Clooney contracted the virus along with most of the crew of his latest film – leaving him directing the movie from bed on his iPad
The Russian rouble strengthened on Monday, soaring past 91 against the dollar to a one-week high, supported by currency controls and high interest rates as the market gears up for Russia's final rate decision of the year this week. The central bank is widely expected to raise borrowing costs again at its meeting on Dec. 15, by 100 basis points to 16%. The market is also likely to pay close attention to a speech by President Vladimir Putin on Thursday.
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