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23

Senate launches investigation into high prices of Ozempic and Wegovy in the U.S.

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Before insurance, Novo Nordisk charges about $1,000 per month for Ozempic in the United States. In Germany, the company charges $59 per month for the same drug.

IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss

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IBM said it would buy HashiCorp, a cloud software maker that's growing at a faster pace. IBM reported its third revenue miss in five quarters.

Chipotle is defying restaurant slump as earnings, traffic rise again

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The burrito chain said traffic increased 5.4% in its first quarter.

Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock 'manipulation'

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Donald Trump's media company CEO Devin Nunes wants Congress to probe possible manipulation of the company's stock.

Meta shares sink 11% on weak revenue guidance

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Meta reported earnings after the bell. Here are the results.

Ford tops first-quarter earnings estimates as commercial unit offsets EV losses

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Ford reported earnings after the bell. Here are the results.

Tesla surges after Elon Musk says new affordable EV models coming

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Tesla shares surged 12% on Wednesday after CEO Elon Musk said the company plans to produce new affordable EV models by early 2025.

22

Here’s a rapid-fire update on all 33 portfolio stocks including our tech giants reporting this week

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During the Investing Club's Monthly Meeting on Wednesday, Jim Cramer offered his updated thinking on the stocks in the portfolio.

Employee stock purchase plans offer 'free money' — but also carry complexity and risk, experts say

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If you work for a publicly traded company, you may have access to discounted company shares via an employee stock purchase plan, or ESPP. Here's what to know.

'Invest in these women': WNBA champion A'ja Wilson hopes Caitlin Clark's popularity helps the league grow

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The five-time All-Star and two-time WNBA champion hopes to see the excitement around Clark help grow the league.

21

Jeff Bezos isn't a fan of 'time blocking'—here's what he does instead to boost his productivity

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Jeff Bezos doesn't time block or stick to a strict schedule to be successful and productive. Instead, he allots however much time he needs for mind wandering.

U.S. oil pulls back below $83 as more crude shipments arrive after delays due to Red Sea disruption

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The market looks somewhat bearish at the moment with global oil inventories rising, according to Goldman Sachs.

U.S. Chamber of Commerce, business groups sue FTC over ban on noncompete clauses

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The U.S. Chamber of Commerce has long threatened to sue the FTC over the noncompete ban.

20

Biden just signed a bill that could ban TikTok: Here's what that means for you

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President Joe Biden signed a bill into law on Wednesday that will effectively ban TikTok if ByteDance does not sell the app within the year.

Big Tech has split into 3 camps: loved, hated and iffy. Here's where our 8 stocks fit

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The divided market, especially in tech, was a major theme in the Club's April Monthly Meeting.

Workers earning up to $58K a year could soon become eligible for overtime pay

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The Biden-Harris administration announced a final rule Tuesday that raises the minimum salary threshold to qualify for overtime pay.

TikTok creators fear for their livelihoods after U.S. lawmakers pass bill that could lead to ban

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A TikTok ban could take years due to potential legal challenges, but creators worry about how they'll make a living if it goes away.

19

The least affordable metro areas for America's middle class—5 of them are in California

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Creditnews Research found that the least affordable U.S. metro areas are almost entirely on the Pacific Coast.

18

Biden issues new rules for airlines to require automatic cash refunds, prohibit surprise fees

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President Joe Biden has also targeted junk fees for products like credit cards, cable and retirement savings accounts.

Biden signs Israel, Ukraine, TikTok bill into law

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TikTok vowed to legally challenge the measure if President Biden ultimately signed it into law.

17

Why the Fed keeping rates higher for longer may not be such a bad thing

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It's a tough case to sell that higher interest rates today are having a substantially negative impact on the course of the economy.

The rise of the 'tradwife' — why some women say they are opting out of work

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TikTok’s "tradwife" and "stay-at-home girlfriend" trends show an idealized view of adhering to very traditional gender roles, but that is few people's reality.

Solar manufacturers petition U.S. to impose tariffs on imports from four Southeast Asian nations

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First Solar and six other manufacturers allege that companies in Cambodia, Malaysia, Thailand and Vietnam are dumping solar cells on the U.S. market.

16

Jim Cramer's top 10 things to watch in the stock market Wednesday

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The S&P 500 and the Nasdaq are trying to extend their winning streaks to three sessions.

Successful start-up founders offer advice for aspiring entrepreneurs: 'Embrace what makes you different'

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Successful start-up founders offer advice for aspiring entrepreneurs.

Klarna scores major payment deal with Uber ahead of hotly anticipated IPO

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The global deal will see Klarna added as a payment option on the Uber and Uber Eats apps in the U.S., Germany, and Sweden.

15

Op-ed: Here are 6 health-care stocks to watch now, amid a bumpy recovery

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Health care, long an ailing stock market sector, has recovered over the past six months, with currently robust vital signs and strong growth projections.

Elon Musk is keeping investors' dreams of a Tesla robotaxi alive

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Tesla CEO Elon Musk continues to promise investors that autonomy is in the company's future even as financials deteriorate.

Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up

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Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.

Foot Locker debuts 'store of the future' as it looks to win back Wall Street's confidence

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Foot Locker unveiled its "store of the future" concept that will inspire the revamping of 900 stores the sneaker retailer is planning over the next two years.