BTIG’s top ideas for 2025 include Starbucks and a Western retailer

BTIG’s top ideas for 2025 include Starbucks and a Western retailer




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Trump’s drug price ultimatum sets pharma firms scrambling
World

Trump’s drug price ultimatum sets pharma firms scrambling

Key Points A fresh ultimatum demanding “binding commitments” to lower U.S. drug prices sent pharma firms scrambling Friday. President Trump sent letters to 17 major firms outlining the steps they must take to cut costs. Healthcare stocks tumbled Friday, following broader market losses as investors digested Trump’s amended tariffs. Pharmaceutical firms are scrambling to respond […]

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Chevron profit hit by low crude oil prices and loss from Hess acquisition
World

Chevron profit hit by low crude oil prices and loss from Hess acquisition

Chevron on Friday reported second-quarter earnings that took a substantial hit due to low oil prices and a loss on its acquisition of Hess Corporation. The oil major’s net income declined about 44% to $2.49 billion, or $1.45 per share, from $4.43 billion, or $2.43 per share, in the same period last year. Chevron booked […]

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Euro zone inflation holds steady at higher-than-expected 2% in July
World

Euro zone inflation holds steady at higher-than-expected 2% in July

A customer stands in front of a fruit and vegetable stall at an open-air market in Paris on July 15, 2025. Behrouz Mehri | Afp | Getty Images Euro zone inflation was unchanged at a higher-than-expected 2% in July, flash data from statistics agency Eurostat showed Friday. Economists polled by Reuters had expected the figure […]

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