Core Viewpoint - Hims and Hers Health will offer Novo Nordisk's new Wegovy pill at an introductory price of $49 per month, which is approximately $100 less than the current market price [1] Group 1: Company Overview - Hims and Hers Health is an online telehealth company that is expanding its product offerings by including Wegovy, a weight loss medication from Novo Nordisk [1] Group 2: Pricing Strategy - The introductory price of $49 per month for Wegovy is positioned to attract customers by being significantly lower than the existing market price [1]

Chevron Corp on Thursday outlined senior leadership changes that will take effect in 2026, with several long-serving executives retiring and internal candidates stepping into key roles across strategy... ...

Core Viewpoint - Ralph Lauren reported third-quarter sales exceeding Wall Street expectations, driven by a strong holiday season and robust demand for its Polo shirts and leather handbags among affluent shoppers [1] Group 1: Sales Performance - The company's third-quarter sales surpassed analyst forecasts, indicating strong market performance [1] - The holiday season contributed significantly to the sales growth, reflecting consumer confidence and spending [1] Group 2: Product Demand - There was resilient demand for Polo shirts and leather handbags, highlighting the brand's appeal among affluent consumers [1]

Core Insights - WEC Energy Group Inc reported a fourth-quarter profit that exceeded Wall Street estimates, attributed to an increase in residential and commercial sales as the utility sector continued to benefit from favorable market conditions [1] Financial Performance - The company's fourth-quarter profit surpassed analyst expectations, indicating strong financial performance [1] - The uptick in sales from both residential and commercial sectors contributed significantly to the profit increase [1]

Core Insights - Cardinal Health raised its annual profit expectations after exceeding Wall Street estimates for quarterly results, driven by strong demand for specialty medicines and robust performance in its operations [1] Financial Performance - The company reported quarterly results that surpassed Wall Street estimates, indicating a positive trend in its financial performance [1] - The increase in profit expectations reflects confidence in the ongoing demand for specialty medicines [1]

Big hedge funds that trade in stocks had their worst day in almost a year on Wednesday as crowded trades lost value in the tech-driven selloff, Goldman Sachs said in a note to clients released after the market closed. ...

Core Insights - Layoffs announced by U.S. employers surged in January, reaching the highest level for the month in 17 years, driven by losses of business contracts and an uncertain economic environment [1] Group 1: Layoff Trends - The number of layoffs in January marked a significant increase compared to previous years, indicating a troubling trend in the labor market [1] - This surge in layoffs reflects broader economic challenges faced by companies, including contract losses and economic uncertainty [1] Group 2: Economic Environment - The uncertain economic environment is contributing to the rise in layoffs, suggesting that companies are adjusting their workforce in response to changing market conditions [1] - The data indicates that businesses are becoming more cautious, potentially leading to further employment challenges in the near future [1]

U.S. utility CMS Energy on Thursday raised its current-year profit forecast on the back of soaring power demand, led by growing residential, commercial and data center growth. ...

Core Insights - U.S. utility Xcel Energy reported a 22% increase in fourth-quarter profit, driven by higher electricity demand from data centers, which helped to offset rising expenses [1] Company Summary - Xcel Energy's fourth-quarter profit rose by 22%, indicating strong financial performance [1] - The increase in profit was primarily attributed to heightened demand for electricity from data centers [1] - Rising expenses were noted, but the demand from data centers effectively mitigated their impact on profitability [1]

Software and data services stocks stabilized on Thursday after a bruising selloff, as investors looked for clues on whether fast-advancing artificial intelligence tools are starting to dent demand for traditional software and subscription businesses. ...