Month: October 2025
Navan IPO lands rare one-person venture capital firm its biggest win ever, a $1 billion payday
It wasn’t a traditional pitch meeting. There were no slides, no product demo. There wasn’t even a clear explanation of what the founders were trying to build. But for investor Oren Zeev’s decision-making process, none of that was necessary. “I just liked them, I just wanted to be close to them,” said Zeev. “So I […]
Read More
Novo Nordisk enters bidding war with Pfizer over U.S. biotech Metsera
Thomas Fuller | SOPA Images | Lightrocket | Getty Images Denmark’s Novo Nordisk launched a rival bid for U.S. obesity biotech firm Metsera on Thursday, hijacking an offer from Pfizer as drugmakers jostle for advantage in the fast-growing and competitive weight-loss drug market. Novo Nordisk, the company behind blockbuster weight loss drug Wegovy and diabetes […]
Read More
Big Tech earnings, Fed cuts rates, Trump-Xi meeting and more in Morning Squawk
Stocks on display at the Nasdaq on Sept. 10, 2025. Danielle DeVries | CNBC This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Magnificent or not? Magnificent Seven members Alphabet, Microsoft and Meta Platforms all beat […]
Read More
This doctor raised $130 million from Michael Dell, Jim Breyer and others to try to fix health care
Dr. Clay Johnston, co-founder and chief medical officer of Harbor Health. Courtesy of Harbor Health A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. When tech founder Michael Dell and his wife […]
Read More
With demand from women for the hormone surging, Midi Health introduces testosterone therapy
Healthcare expert guiding patient while sitting on sofa in hospital lobby Klaus Vedfelt | Digitalvision | Getty Images Men have long turned to testosterone therapy to address a variety of issues as they age. But in recent years, women are increasingly doing the same, seeing benefits from the hormone in addressing issues around libido, muscular […]
Read More
Comcast beats earnings estimates despite more broadband subscriber losses
Comcast topped Wall Street earnings and revenue estimates for the third quarter on Thursday, despite once again reporting a loss in broadband customers. The company said it lost 104,000 domestic broadband customers during the period, bringing its total subscriber base to roughly 31.4 million. This marked the fourth quarter in a row that Comcast failed […]
Read More
Meta’s spending outlook is sending the stock lower. Here’s what analysts had to say
Better-than-expected results from Meta Platforms were being overshadowed by worries around the company’s massive artificial intelligence spending plans. The tech giant earned an adjusted $7.25 per share on $51.24 billion in revenue during the third quarter. That exceeds the $6.69 per share and revenue of $49.41 billion that analysts polled by LSEG had penciled in. […]
Read More
Eli Lilly blows past estimates, hikes guidance as Zepbound and Mounjaro sales soar
Lilly Chair and CEO Dave Ricks speaks during a press conference for Eli Lilly and Company in Houston, Texas, U.S., Sept. 23, 2025. Antranik Tavitian | Reuters Eli Lilly on Thursday reported third-quarter earnings and revenue that topped estimates and hiked its full-year outlook, as the company continued to see strong demand for its blockbuster […]
Read More
Analysts think Trump would block a Comcast-WBD deal. Comcast executives aren’t as worried
Brian Roberts, Chairman and CEO of Comcast, attends the annual Allen & Co. Media and Technology Conference in Sun Valley, Idaho on July 9th, 2025. David A. Grogan | CNBC Comcast reported earnings Thursday, and it could shed light on how executives view regulators’ attitude toward a potential NBCUniversal-Warner Bros. Discovery merger. Warner Bros. Discovery, […]
Read More
Rare earth stocks rally as China delays export controls after Trump-Xi meeting
U.S. President Donald Trump speaks to members of the media aboard Air Force One on October 30, 2025 in flight. Andrew Harnik | Getty Images News | Getty Images Shares of U.S.-listed rare earth miners rallied on Thursday after China agreed to delay the introduction of further export controls as part of an agreement reached […]
Read More