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Eli Lilly Files Six Lawsuits Against Companies for Illegal Sales of Experimental Obesity Drug Retatrutide

08/12/2026, 04:36 AM announcement Eli Lilly

Eli Lilly has initiated six lawsuits against various U.S. companies for allegedly selling unauthorized versions of its experimental obesity drug, retatrutide, which is still undergoing clinical trials. This move highlights the company's efforts to combat the illegal market for unapproved drugs and protect consumer safety.

New York City Council Launches Investigation into Marketing Practices of Prediction Market Platforms

08/12/2026, 03:36 AM business announcement Coinbase

The New York City Council is investigating the marketing practices of prediction market platforms, including Polymarket, Kalshi, Coinbase, and Gemini, due to allegations of deceptive advertising. This scrutiny could lead to regulatory changes affecting these companies and the broader prediction market sector.

Analysts Citi expect CoreWeave (CRWV) shares to rise following strong second-quarter performance and positive profitability outlook

08/12/2026, 03:36 AM economy rating_growth Analysts: analysts, Citi ai software CoreWeave

CoreWeave's significant revenue growth in the second quarter, driven by increased demand for AI computing, has led to a notable rise in its stock price, reflecting investor confidence despite ongoing operating losses.

China’s COMAC Launches C919 Passenger Jet on First International Flight, Challenging Boeing and Airbus

08/12/2026, 03:36 AM announcement aero_defense Air China Boeing

The successful international flight of China's C919 passenger jet represents a significant step in China's ambition to compete with Boeing and Airbus in the global aviation market, although challenges remain due to reliance on foreign components and slow production rates.

Tencent Reports Strong Q2 Revenue Driven by Gaming and AI-Enhanced Advertising, but Core Profit Falls Short of Expectations

08/12/2026, 02:35 AM economy review software internet

Tencent's second-quarter results showed stronger-than-expected revenue growth driven by its gaming unit and AI-enhanced advertising, although its net profit fell short of analyst forecasts. This performance highlights the company's ongoing challenges amid rising competition and increased capital expenditures.

U.S. Treasury Yields Remain Steady as Investors Anticipate Key Inflation Data

08/12/2026, 01:36 AM forecast finance

U.S. Treasury yields remained stable as investors anticipate crucial inflation data, which could influence Federal Reserve policy decisions in September. The upcoming consumer price index (CPI) report is particularly significant for market expectations.

IEA Forecasts Significant Drop in Global Oil Demand Due to Strait of Hormuz Closure

08/12/2026, 01:36 AM forecast energy

The International Energy Agency has revised its forecast for global oil demand downward, predicting a drop of 1.6 million barrels per day in 2026, largely due to the ongoing closure of the Strait of Hormuz and high fuel prices. This situation is expected to impact oil prices and economic growth significantly.

Sanrio (8136) Shares Plunge 18% Despite Strong Fiscal Q1 Earnings

08/12/2026, 01:36 AM stock_drop

Sanrio's shares fell 18% after the company reported fiscal first-quarter results that, despite showing revenue growth, led analysts to conclude that the stock had reached fair value following a significant price increase over recent months.

Nvidia Partners with Wall Street Firms to Raise $500 Billion for AI Infrastructure Amid Market Risks

08/12/2026, 01:36 AM announcement ai software Nvidia

Nvidia's collaboration with major Wall Street firms aims to raise over $500 billion for AI infrastructure, but faces significant risks, particularly from potential depreciation of its technology and competition from China. Meanwhile, geopolitical tensions in the Middle East and currency fluctuations in Japan are also impacting market dynamics.

Norway’s $2.3 Trillion Sovereign Wealth Fund Reports Record $184 Billion Profit and Reveals SpaceX Stake

08/12/2026, 12:36 AM economy growth finance SpaceX Microsoft Nvidia Apple

Norway's sovereign wealth fund achieved a record half-year profit of over $182 billion, driven by strong returns in Asian technology stocks, and disclosed its stake in SpaceX for the first time, valued at $1.2 billion.