Month: February 2026
Novo Nordisk to slash GLP-1 list prices by up to 50% in U.S. to cut costs for insured patients
The logo of pharmaceutical company Novo Nordisk is displayed in front of its offices in Bagsvaerd, Copenhagen, Denmark, Feb. 4, 2026. Tom Little | Reuters Novo Nordisk on Tuesday said it plans to slash the monthly list prices of its popular obesity and diabetes drugs in the U.S. by up to 50% starting in 2027, […]
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Meta-AMD chip deal, Wall Street’s AI angst, Trump’s State of the Union and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. I found yesterday’s snowfall to be quite idyllic, granted I didn’t actually step foot outside until it had stopped (don’t repeat that to my many colleagues who found themselves on shoveling duty). S&P 500 futures are little changed this morning […]
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Stripe valued at $159 billion after tender offer for employees, shareholders
John Collison, president and co-founder of Stripe. Christophe Morin | IP3 | Getty Images Fintech startup Stripe is now valued at $159 billion after a secondary stock sale for employees and shareholders, the company announced Tuesday. The valuation shows blistering growth from a year ago, when it was valued at $91.5 billion. Stripe’s valuation nearly […]
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Cyber startup Cato Networks tops revenue milestone as CEO says AI is helping business
Shlomo Kramer, chief executive officer of Cato Networks Ltd., at the Bloomberg Tech Summit in London, UK, on Tuesday, Oct. 22, 2024. Hollie Adams | Bloomberg | Getty Images Cato Networks surpassed $350 million in annual recurring revenue in 2025 as more businesses adopted its tools in the age of artificial intelligence, the cybersecurity startup […]
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Shares of private credit poster child Blue Owl are falling after a downgrade
Deutsche Bank sees shares of Blue Owl Capital stagnating from here, citing slower fee-related earnings growth, as the private credit poster child’s struggles continue. Analyst Brian Bedell downgraded the stock to hold from buy. He also slashed his price target to $10 from $15, which implies downside of 4%. Shares of Blue Owl have plunged […]
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Epstein files highlight how the wealthy borrow against art collections
FILE: Leon Black, chairman and chief executive officer of Apollo Global Management LLC, at the Milken Institute Global Conference in Beverly Hills, California, U.S., on Tuesday, May 1, 2018. Patrick T. Fallon | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide […]
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Nvidia earnings report collides with Wall Street skepticism over AI spending
Jensen Huang, president and CEO of Nvidia, attends the 56th annual World Economic Forum meeting in Davos, Switzerland, Jan. 21, 2026. Denis Balibouse | Reuters It’s been a tough start to the year for technology investors. Shares of seven of the eight trillion-dollar tech companies have notched losses so far. The lone exception is Nvidia. […]
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Senators tell CFTC to make clear ban on prediction market contracts involving deaths
Michael Selig, President Donald Trump’s nominee to lead the Commodity Futures Trading Commission speaks during a Senate Agriculture, Nutrition, and Forestry Committee hearing on Capitol Hill on Nov. 19, 2025 in Washington, DC. Andrew Harnik | Getty Images Six Democratic senators told the Commodity Futures Trading Commission in a previously unreported letter that they have […]
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Stocks making the biggest moves premarket: AMD, Home Depot, Hims & Hers Health, Diamondback Energy and more
Check out the companies making headlines before the bell: Advanced Micro Devices — The semiconductor maker rose about 11% after it inked a multiyear deal with Meta to lend up to 6 gigawatts of its graphics processing units to artificial intelligence data centers. The cost of the deal is unclear, but the companies’ agreement includes […]
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Anthropic joins OpenAI in flagging ‘industrial-scale’ distillation campaigns by Chinese AI firms
The Anthropic logo displayed on the stage during the company’s Builder Summit in Bengaluru, India, on Monday, Feb. 16, 2026. Photographer: Samyukta Lakshmi/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Anthropic on Monday accused three Chinese AI enterprises of engaging in coordinated campaigns to extract information from its model, making it the latest […]
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