- A sharp drop, followed by an intraday rebound, underscored policy sensitivity. - Healthcare valuation multiples may compress as investors price in the potential for lower U.S. revenues.
Dubai Government Opens Door to Accepting Crypto for Service Fees
The deal with Crypto.com will allow residents and businesses to pay fees using crypto wallets while the government receives dirhams.
OpenAI and Microsoft renegotiate partnership for IPO and funding
A central issue in the negotiations is determining how much equity Microsoft will receive in the restructured OpenAI in exchange for its $13bn investment.
5 Things to Know Before the Stock Market Opens
News of the day for May 13, 2025
Pharma faces 30-day deadline under Trump’s pricing order
US President Donald Trump has signed an executive order telling drugmakers to cut prices to "most favoured nation" pricing.
Robinhood Enters Canada by Taking Over Crypto Exchange WonderFi for $179M
WonderFi's platforms, Bitbuy and Coinsquare, bolster Robinhood's international expansion efforts in the crypto market.
Murphy USA Q1 Earnings Fall Short as Fuel Volumes Decline
MUSA's revenues from petroleum product sales came in at $3.5 billion in first-quarter 2025, below our estimate of $3.7 billion and down 8.4% from a year ago.
Republicans’ proposed Medicaid cuts met with dismay
Non-partisan think tank CBO estimates that the plans could result in 13.4 million Americans losing their health insurance by 2034.
Republicans’ proposed Medicaid cuts met with dismay
Non-partisan think tank CBO estimates that the plans could result in 13.4 million Americans losing their health insurance by 2034.
Lazard Reports 1.8% Sequential Increase in April AUM Balance
LAZ's April AUM balance increases sequentially, driven by the positive impact from foreign exchange.