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Viking Therapeutics falls 40% on drug data

Shares of Viking Therapeutics plunged on Tuesday after the company released mid-stage trial data on its obesity pill that disappointed investors.  The biotech company’s stock price dropped to about $23.80 as of Tuesday morning, from $42.09 at Monday’s close, a roughly 43% plunge. Viking’s market cap now sits at about $2.69 billion, down from more […]

Home Depot (HD) earnings Q2 2025

General view of a Home Depot store in Midtown Manhattan on February 26, 2025 in New York City.  Eduardo Munoz Alvarez | Corbis News | Getty Images Home Depot stuck by its full-year outlook on Tuesday, even as the company came in slightly shy of Wall Street’s expectations for quarterly earnings and revenue.  The home […]

California passes bill to give insurance interest to homeowners

An aerial view of properties cleared of wildfire debris which burned in the Eaton Fire on July 03, 2025 in Altadena, California. Mario Tama | Getty Images News | Getty Images The California state legislature passed a bill Monday that ensures homeowners, not lenders, receive at least some of the interest on insurance payouts for […]

How accounting could change profitability amid tariffs

As more tariffs take effect on goods imported into the U.S., a specific accounting method could have major implications for how American retailers calculate the impact. A tariff adds to the cost of an imported item when it’s received and paid for when it crosses a border. While there’s debate over who pays that tariff — […]

Novo Nordisk offers diabetes drug Ozempic for steep cash discount

A box of Ozempic made by Novo Nordisk, at a pharmacy in London on March 8, 2024. Hollie Adams | Reuters Novo Nordisk on Monday said it now offers cash-paying U.S. patients its blockbuster diabetes treatment Ozempic for less than half its monthly list price, as drugmakers face mounting political pressure to lower prices in […]

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