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Eli Lilly’s Triple Hormone Obesity Drug Shows Significant Weight Loss

by Vandana Singh | May 21, 2026 | General

Eli Lilly and Co. (NYSE:LLY) reported on Thursday topline results from its Phase 3 TRIUMPH-1 trial evaluating experimental obesity treatment retatrutide, with patients losing as much as 28.3% of body weight after 80 weeks of treatment. The study evaluated retatrutide,...

Parker-Hannifin Buys $2.55B Flight-Critical Systems Business

by Lekha Gupta | May 21, 2026 | General

Parker-Hannifin Corporation (NYSE:PH) shares are trading lower on Thursday as the company is moving forward with an acquisition of KKR & Co.-owned (NYSE:KKR) CIRCOR International‘s Commercial and Defense Aerospace business for $2.55 billion. Deal Terms The cash...

AvalonBay, Equity Residential Merge To Create $50B Real-Estate Giant

by Lekha Gupta | May 21, 2026 | General

AvalonBay Communities, Inc. (NYSE:AVB) is merging with Equity Residential Common (NYSE:EQR). The deal has an estimated equity market capitalization of about $52 billion. The board of both companies approved the transaction. AvalonBay shareholders receive 2.793 shares...

AST SpaceMobile Stock Is Climbing Today: What’s Going On?

by Evette Mitkov | May 21, 2026 | General

AST SpaceMobile Inc (NASDAQ:ASTS) shares are pushing higher on Thursday, extending a strong multi‑month run. Additionally, the Nasdaq up 0.06% and the S&P 500 higher by 0.09%, providing a steady backdrop for the stock. AST SpaceMobile shares are climbing with...

Microsoft, Oracle Stand To Benefit As AI Compute Becomes The New Oil

by Anusuya Lahiri | May 21, 2026 | General

BNP Paribas analyst Stefan Slowinski said recent SpaceX disclosures around AI infrastructure spending reinforce bullish expectations for Microsoft Corp. (NASDAQ:MSFT) and Oracle Corp. (NYSE:ORCL) as demand for high-end AI computing capacity remains tight. SpaceX...
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