Eli Lilly reported mixed quarterly results, with sales of its blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro soaring, but lower realized prices overshadowing gains. Demand for Eli Lilly’s incretin drugs has outpaced supply in the US over the past year. The company’s quarter earnings topped estimates, but fell short on sales due to … Read more
US President Donald Trump’s proposal for the US to take over Gaza and resettle its 2.1 million Palestinians has been met with widespread international condemnation, rejection, and alarm. The Palestinian president Mahmoud Abbas strongly rejected the plan, saying it would “violate our people’s rights” and that Gaza is an integral part of the State of … Read more
Alphabet parent company Google reported fourth-quarter earnings that narrowly missed expectations despite a slowdown in cloud computing revenue growth. The stock fell, however, as the company forecast significantly higher capital spending in 2025. Meanwhile, Facebook parent Meta Platforms has stated plans to increase its capital spending, topping Wall Street estimates. Google’s Q4 earnings rose 31% … Read more
Bitcoin is poised for a significant price jump as the US government weighs its next move on the cryptocurrency. Analysts believe that direction could be upward, given the US government’s pro-crypto stance and Bitcoin’s recent performance. According to Bitfinex analysts, Bitcoin has been trading within a 15% price range since mid-November, with historically, such ranges … Read more
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Asus has officially launched its latest flagship phone, the Zenfone 12 Ultra, but with an unexpected twist – it won’t be sold in the US. The phone is essentially a reworked ROG Phone 9 Pro model, featuring a big screen, high-end chipset, and unique gimbal-like stabilizer in its main camera. The Zenfone 12 Ultra boasts … Read more
NBA teams are making last-minute moves ahead of Thursday’s trade deadline, with several high-profile players changing teams. Here’s a rundown of the latest deals: The Lakers acquired center Mark Williams from the Charlotte Hornets in exchange for Dalton Knecht, Cam Reddish, a 2031 unprotected first-round pick, and a 2030 pick swap. Brandon Ingram has been … Read more
A recent study has revealed that two valleys on the Moon’s surface, similar in depth to the Grand Canyon, were formed in just 10 minutes after a massive meteorite impact 3.8 billion years ago. The impact, which was about 25 kilometers in diameter, released energy 130 times more powerful than the detonation of the entire … Read more
A federal executive order signed by President Donald Trump has halted negotiations on a New Jersey offshore wind project, bringing the state’s plans to a standstill. The order, issued on Trump’s first day back in office, banned offshore wind leasing and called for a review of the government’s permitting practices. New Jersey Governor Phil Murphy … Read more
Flu season is in full swing in the Austin area, with high levels of flu reported at Texas emergency departments. According to the Centers for Disease Control and Prevention (CDC), flu cases have increased by 55.36% since the third week of January compared to the previous week. Travis County has seen a sharp increase in … Read more