Company Insights
Eli Lilly races to fend off competitors in weight-loss drug market
Eli Lilly bulks up on supply and lawsuits to ward off competition in the booming weight loss market
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Pharmaceuticals
Eli Lilly stock falls 13% after disappointing sales for Mounjaro and Zepbound in the third quarter
Eli Lilly lowered its revenue forecasts for the full year after an inventory drawdown by wholesalers weighed on sales for blockbuster weight loss and diabetes drugs.
Company Insights
How Progressive’s quick response to record-high auto insurance inflation made it an industry titan
Over the past two years, car insurance prices have risen at the quickest rate since the 1970s.
Company Insights
Hoka Built the Honda Civic of Running Shoes, Not the Ferrari. It’s Working for Deckers.
Chunky, dorky, dad-like, and highly profitable. Hoka’s most popular shoes, the Bondi and Clifton, have a broad appeal for runners and non-runners, fueling the brand’s success.
Company Insights
Peloton raises their profit guidance for the fiscal year 2025 and appoints new CEO
Peloton shares jumped on Thursday after the company raised its profit guidance for the 2025 fiscal year and named a new chief executive officer, a step in the right direction for its turnaround.
Company Insights
EA’s Bet on AI: Visionary or Premature?
When Electronic Arts used generative AI to help them model over 11,000 players likenesses and 150 stadiums for their recently released and acclaimed title, College Football 25, it heralded a new strategic direction for the company: investing heavily into AI.
Company Insights
In Battle of the Big-Box, Target Bets on Star Power
Target is reaching for the stars – Blake Lively, Taylor Swift and Ariana Grande – to help lure customers into stores.
Company Insights
Hoka is Flying Off the Shelves, Driving Deckers’s Stock
The success of the running brand Hoka is bringing major growth to parent company Deckers Outdoor Corp’s stock, sending shares higher. The company’s revenue increased 20% to $1.
Company Insights
Boeing Union To Vote On Proposal That Could End Crippling Strike
Boeing and its largest union reach a contract proposal that includes larger pay increases.
Company Insights
Eli Lilly’s New Alzheimer’s Drug Wins Approval In Japan
An experimental Eli Lilly drug for Alzheimer’s treatment was approved last week for use in Japan, which has one of the world’s largest aging populations. The U.S.
Company Insights
AT&T preps for hurricane season outages
AT&T warned customers in hurricane Helene’s path that some of their network may experience outages. AT&T Inc.
Stocks
Progressive stock soared 59% this year as insurance sector continues to outpace S&P 500
Insurance stocks have been market leaders so far this year – but one company is outrunning its peers.