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Stock market update for December 24, 2024.
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Nike, once a cultural powerhouse defined by iconic athletes like Michael Jordan and collaborations with fashion legends, is facing a tough year marked by plummeting sales and a sharp drop in stock value. The company's struggles are partly due to missteps under former CEO John Donahoe, whose focus on direct-to-consumer strategies alienated wholesalers and led to an over-reliance on trends like Dunks. Now, with veteran Nike insider Elliott Hill at the helm, the company is looking to rebuild relationships with retailers, revitalize its product line, and re-engage with its core fanbase. While Nike’s future is uncertain, investors received a glimpse into what to expect when the company delivered its first earnings report under Hill this week.
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Stock market update for December 19, 2024.
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Stock market update for December 18, 2024.
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Stock market update for December 17, 2024.
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Stock market update for December 16, 2024.
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GLP-1 weight-loss drugs, such as Novo Nordisk's Ozempic and Eli Lilly's Zepbound, are credited with reversing obesity trends in the U.S. for the first time in decades, according to a new study in the Journal of the American Medical Association. The episode highlights the rapidly growing market for these drugs, projected to expand from $22 billion to over $100 billion, driven by their effectiveness without requiring major lifestyle changes. We explore the competition sparked by supply shortages, with companies like Hims offering affordable alternatives, and discuss innovations like pill formulations that could make the treatments more accessible. Finally, the conversation turns to cost barriers, the potential expansion of Medicare coverage, and collaborations aimed at reducing prices to broaden access.
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The content of the video is for general and informational purposes only. All views presented in this show reflect the opinions of the guest and the host. You should not take a mention of any asset, be it cryptocurrency or a publicly traded security as a recommendation to buy, sell or hold that cryptocurrency or security. Guests and hosts are not affiliated with or endorsed by Public Holdings or its subsidiaries. You should make your own financial and investment decisions or consult respective professionals. Full disclosures are in the channel description. Learn more at Public.com/disclosures.Past performance is not a guarantee of future results. There is a possibility of loss with any investment. Historical or hypothetical performance results, if mentioned, are presented for illustrative purposes only. Do not infer or assume that any securities, sectors or markets described in the videos were or will be profitable. Any statements of future expectations and other forward-looking statements are strictly based on the current views, opinion, or assumptions of the person presenting them, and should not be taken as an indicator of performance nor should be relied upon as an investment advice.
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Stock market update for December 13, 2024.
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Stock market update for December 11, 2024.
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Stock market update for December 10, 2024.
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In this week's deep dive episode of The Rundown, we explore how Big Tech is positioning itself as a dominant player in the race for artificial intelligence. As tech giants like Microsoft, Amazon, and Meta push to control this next frontier, the Trump administration is taking a hard stance on regulating their power. With antitrust investigations and new policies on the horizon, these companies face increasing pressure to balance innovation with government scrutiny.
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Stock market update for December 6, 2024.
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Stock market update for December 5, 2024.
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Stock market update for December 4, 2024.
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Stock market update for December 3, 2024.
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Stock market update for December 2, 2024.
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