Markets

Major shipping firms are scaling operations to address the critical infrastructure requirements of the growing GLP-1 medication market.

Novo Nordisk alleges misleading advertising by rival Eli Lilly, prompting a vigorous defence and sharp commentary from CNBC’s Jim Cramer, who highlights the stark contrast in market capitalisation and hedge fund positioning.

Wells Fargo reported second-quarter earnings of $2.00 per share on July 14, beating estimates, while Baird raises its price target to $92.

The company’s fiscal fourth-quarter update highlights improved profitability and sustained demand for AI hardware, benefiting partner Nvidia.

Despite a flat-to-down market environment, high-risk single-stock products and memory-chip cycles are attracting significant capital, while traditional index funds see nearly $200 billion in inflows driven by cautious strategies and attractive money-market yields.

Shares climbed to near-record levels on Friday as the market rewarded Apple’s modest artificial intelligence spending, while concerns mount over the sustainability of massive infrastructure investments by competitors.

The move highlights the growing appetite for pre-listing exposure among ETF issuers, though the allocation raises questions about thematic purity for a fund focused on optical infrastructure.

Ripple’s release of an AI starter kit and the X402 payment protocol has driven a spike in ledger usage, yet supply dilution and a $71 billion market cap temper expectations for significant investor returns.

Wall Street remains constructive on the US automaker, with JPMorgan and Bank of America highlighting resilient margins and disciplined capital allocation despite EV transition costs.

The Invesco S&P 500 High Dividend Low Volatility ETF targets a 4.30% yield with reduced day-to-day sensitivity, yet experienced drawdowns comparable to the broader market during the 2020 crash.

The disclosure of Nvidia’s 9.3% beneficial ownership in Nebius Group N.V. has triggered significant market movement, with shares surging on July 21 as institutional interest grows amid fierce competition in the cloud sector.

A new analysis in The Economist categorises the technology as a “dread risk,” focusing on behavioural fear rather than technical specifications or regulatory frameworks.

A Dallas jury found the driver of a carrier hired by C.H. Robinson was effectively an employee, removing a key legal defence for brokers and triggering a broad decline in third-party logistics shares.

The appointment places a prominent critic of Big Tech monopolies at the centre of New York City’s economic strategy, with Khan pledging to prioritise affordability and resilience.

Beijing accelerates renewable project investments through its global infrastructure strategy, capitalising on shifting global energy dynamics amid ongoing regional conflict.

The US telecom giant improved postpaid churn to 84 basis points, lifted full-year revenue and free cash flow forecasts, and announced a $1 billion dark fibre deal with Google.

Rising oil prices and geopolitical instability in the Middle East have driven the US dollar to its strongest weekly performance since mid-June, while the Japanese yen languishes at multi-decade lows despite Tokyo’s intervention warnings.

CNBC reports that moviegoers are driving demand for Christopher Nolan’s latest release by seeking out Imax 70 mm screenings, despite the format’s limited availability.

New data from the Society for Human Resource Management shows a shift in workforce strategy, with staff investing in credentials to hedge against employer risk while pay remains the primary retention factor.

New data shows 74% of Americans believe the cost of living is on the wrong track, making the first six-figure net worth harder to reach but critical for future wealth acceleration.