Eli Lilly (LLY -2.25%) has been posting outstanding financial results over the past few years. The company owes this success partly to its work in the weight-loss market. Eli Lilly’s Zepbound is the leader in this niche and is growing sales rapidly. However, some investors fear that the party won’t last much longer. As new,…
The logo of Samsung is seen at the Samsung Electronics Seocho building in Seoul on July 30, 2026. South Korean technology giant Samsung Electronics posted on July 30, a massive 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven demand for memory chips. (Photo by Jung Yeon-je / AFP via…
A growing appreciation of family-oriented leisure pastimes and rapidly increasing prosperity are driving demand for vessels from dinghies to yachts. Nelson Ching | Bloomberg | Getty Images Beijing is moving to clarify new tax rules on offshore trusts that have sowed confusion among wealthy Chinese citizens and their advisers. China’s State Taxation Administration is conducting…
On Aug. 26, the otherwise extremely fast-paced Wall Street will slow down and pay close attention as Nvidia (NVDA -0.06%) reports its financial results for the second quarter of its fiscal year 2027, which ended on July 26 (Nvidia’s fiscal years do not match calendar years). Since the company is at the very center of…
The Mexican currency appreciates to levels last seen in May 2024 as the USD/MXN falls to a two-year low as the US Dollar tumbles even though business activity in the services sector improved. The exotic pair trades at 16.92, down 0.22% for the week and 0.50% for the week. USD/MXN weakens on soft US Dollar…