Gold

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Gold

Eli Lilly bets on multi-dose Zepbound pen in GLP-1 retention push

Millions of people on GLP-1 weight-loss drugs know the weekly routine by heart: a new injector pen, a new box, another reminder to refill, and one more item for the sharps bin. Eli Lilly is trying to make that routine feel less like a chore. The company says it has launched a new Zepbound KwikPen

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Gold

LATAM crypto news: Argentina fintech faces setback; Brazil weighs Bitcoin reserve

The most noteworthy cryptocurrency developments in the region this week came from Argentina, Brazil, and El Salvador. El Salvador is planning a $100 million tokenised investment program for local SMEs, Brazil is considering a bill to eliminate crypto taxes and establish a strategic Bitcoin reserve, and Argentina’s fintech industry suffered a blow when lawmakers revoked

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US crypto policy deadlock is weighing on Bitcoin price

Progress around key crypto legislations in the US remains stuck in limbo, effectively capping price action as institutional capital remains on the sidelines. After a year of blistering gains that saw Bitcoin soar from under $70,000 to an all-time high of $126,000 in October, the flagship crypto has crashed to multi-month lows. Bitcoin’s rally last

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Kalshi enters sports insurance, challenging how teams hedge risk

Kalshi is moving into the sports insurance sector through a partnership with specialist broker Game Point Capital, signalling a shift in how insurers hedge financial exposure tied to sports performance. The regulated prediction market exchange is positioning itself within a fast-growing industry valued at around $9 billion annually and expected to double by 2030. The

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Elon Musk pushes X into finance as X Money prepares for global launch

X is moving deeper into financial services as its long-awaited payments platform, X Money, enters internal testing and prepares for a wider rollout. The initiative marks a major step in Elon Musk’s effort to transform X from a social media network into a financial ecosystem. By combining messaging, payments, and asset management, the platform aims

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Gold

Commodity wrap: bullion falls ahead of key data; oil up on supply disruptions fear

Gold and silver prices were in the red on Tuesday as investors remained on the edge before the release of a string of key US economic data.  Over the past week, precious metals have experienced significant volatility, as prices retreated from all-time highs due to a combination of profit-taking and excessively bullish positioning. Meanwhile, oil

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Gold

Workday stock is stuck in a bear market: is it a bargain in plain sight?

Workday stock price has slipped into a technical bear market, moving from a record high of $310 in 2024 to the current $155. It is hovering at its lowest level since 2024, and has become a bargain as investors dump software companies.  Workday stock has crashed amid software jitters Workday is a top software company

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What analysts think of Novo, Him & Hers after obesity pill withdrawal

Novo Nordisk’s Denmark-listed shares climbed more than 7%, while the stock gained close to 6% in US premarket trading after telehealth company Hims & Hers said it would stop offering its newly launched oral obesity pill copycat following regulatory scrutiny. Hims & Hers, by contrast, fell nearly 20% in premarket trading. Additionally, Novo Nordisk also

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Gold

LATAM crypto: Argentina’s Bitcoin treasury, Brazil’s tokenization milestone

The top cryptocurrency news in LATAM this week includes: XDC Network crosses $100 million in tokenized assets in Brazil, Argentina introduces its first public Bitcoin treasury model, and Brazilian investors express increasing interest in “digital gold” in light of the metal’s recent surge. Argentina’s first public Bitcoin Treasury model Argentina’s public Bitcoin treasury represents a

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Gold

Commodity wrap: gold and silver end volatile week with small gains; oil rises

A volatile week for precious metals is ending on a slightly positive note, with gold and silver logging small gains. Simmering geopolitical tensions and increasing safe-haven demand boosted gold prices on Friday. Meanwhile, oil prices saw a modest increase on Friday, following reports from Iran’s foreign minister indicating that discussions between Iran and the US

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