Apple CEO Tim Cook joins Apple employees at the Apple store as customers line up for the release of Apple new iPhone 17 models in New York on Sept. 19, 2025.Apple shares have rallied in the two days since the company released new iPhones, and the stock has now erased its losses for 2025.With Apple's 4% gain on Monday, the stock is up a little over 2% for the year. It's the last of the tech megacaps to turn positive.On Friday, Apple released new iPhones, Apple Watch, and AirPods models on Friday. The new iPh ...

Stephen Miran, chairman of the Council of Economic Advisers, following a television interview outside the White House in Washington, DC, US, on Tuesday, June 17, 2025.Less than a week after taking his seat, Federal Reserve Governor Stephen Miran on Monday outlined the reasons why he thinks the central bank's benchmark interest rate is far too high and should be lowered aggressively.Changes in tax and immigration policy along with easing rental costs, deregulation and incoming revenue for tariffs are creatin ...

White House press secretary Karoline Leavitt says that a deal is reached between the U.S. and China where TikTok's algorithm and data are controlled by America and are majority-owned by Americans in the United States.A preliminary deal to keep TikTok alive in the United States will not involve the federal government taking an equity stake or a "golden share" in the social media company, a senior White House official said Monday.The official confirmed that the deal will relocate the popular video app's U.S. ...

Eric Jackson, a hedge fund manager who partly contributed to the trading explosion in Opendoor, unveiled his new pick Monday — Better Home & Finance Holding Co.Shares of Better Home shot up 8.4% after a Jackson post on X touted the stock, after the New York-based mortgage lender soared more than 36% last week. Better Home's market capitalization was a little more than $500 million as of Friday's close, according to FactSet data.The EMJ Capital president and founder called Better Home "the Shopify of mortgag ...

Alberto Musalem, President and CEO of the Federal Reserve Bank of St. Louis, speaks to the Economic Club of New York, in New York City, U.S., Feb. 20, 2025.St. Louis Federal Reserve President Alberto Musalem on Monday reiterated his support for last week's interest rate cut, but said he is wary about going much further.Speaking less than a week after the Federal Open Market Committee lowered its key overnight borrowing rate by a quarter percentage point, the central bank official advocated caution as he con ...

Core Viewpoint - Pfizer is acquiring Metsera for up to $7.3 billion to strengthen its position in the growing obesity drug market, following setbacks in its own obesity drug development [1][3][4]. Group 1: Acquisition Details - Pfizer will pay an initial cash price of $47.50 per share for Metsera, representing a nearly 43% premium over Metsera's closing price of $33.32, resulting in an enterprise value of $4.9 billion [1][2]. - The deal includes a contingent value right worth up to $22.50 per share based on Metsera's clinical and regulatory achievements, potentially bringing the total value to $70 per share [2]. - The acquisition is expected to close by the end of the year, with Metsera's shares rising over 60% in premarket trading following the announcement [2]. Group 2: Market Context and Potential - The obesity drug market is projected to be worth approximately $100 billion by the 2030s, presenting significant opportunities for new entrants alongside established products from Eli Lilly and Novo Nordisk [4]. - Pfizer has faced pressure from investors to expedite its entry into the obesity market after struggling with its own drug candidates [3][4]. Group 3: Metsera's Pipeline - Metsera, founded in 2022, has a pipeline that includes both oral and injectable treatments, such as a GLP-1 drug called MET-233i, which showed an 8.4% weight loss in a small trial [5][6]. - The company is also developing a monthly injectable targeting amylin and two oral GLP-1 candidates that are expected to begin trials soon [6]. Group 4: Strategic Implications - Pfizer's CEO stated that the acquisition aligns with the company's strategy to invest in impactful opportunities and leverage its cardiometabolic expertise to enhance its portfolio of potential best-in-class injectables [7]. - Analysts estimate that Metsera's obesity candidates could generate over $5 billion in combined peak annual sales, indicating strong market potential for Pfizer [7].

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An oil tanker delivers at the oil terminal in the harbor on Oct. 10, 2016, in Kochi, India.Saudi Arabia's new mutual defense pact with Pakistan is unlikely to alter Riyadh's energy relationship with key consumer India, a source told CNBC.Asked whether India would continue to buy Saudi barrels, a senior source familiar with the matter told CNBC, "Of course."The source, who could only speak anonymously because of the sensitivity of the matter, added that Saudi Arabia is looking to shore up its security by bro ...

Wera Rodsawang | Moment | Getty ImagesTo the average investor, mutual funds and exchange-traded funds may not seem very different.After all, they are both relatively liquid baskets of stocks, bonds and other assets overseen by professional money managers, and can help investors diversify their portfolios.But there are some key differences that may make one a better financial choice than the other for certain investors, according to experts.How they tradePerhaps the most obvious difference is how investors t ...

Core Insights - Build-A-Bear Workshop is successfully targeting adults, leveraging nostalgia to diversify its portfolio and enhance customer engagement [3][12][14] - The company reported record-breaking revenue of $252.6 million in the first half of fiscal 2025, marking a nearly 12% increase year-over-year [3][4] - Build-A-Bear's stock has risen approximately 60% year-to-date, nearing a $1 billion market cap, despite challenges faced by other retailers [4][10] Financial Performance - The company raised its outlook following effective tariff mitigation strategies, including increased inventory management [4][8] - Build-A-Bear's diverse revenue streams, including new products and demographics, have contributed to its financial resilience [10][11] Market Position and Strategy - The company has expanded beyond traditional retail locations, establishing a presence in cruise ships, amusement parks, and hospitality [5][6] - Build-A-Bear's ability to discreetly raise prices through constant product innovation has helped mitigate tariff impacts [10][11] Consumer Engagement - A recent survey indicated that 92% of adults still own their childhood teddy bears, highlighting the brand's strong nostalgic appeal [14][16] - The experiential nature of Build-A-Bear's offerings fosters deep emotional connections with consumers, enhancing brand loyalty [16][17] Future Outlook - Analysts suggest that Build-A-Bear's international expansion presents significant growth opportunities, with high returns on capital [11] - The brand's focus on personalization and creating memorable experiences positions it well in a competitive retail landscape [9][18]