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The Latest Breaking News from Merck

Dow Jones Slumps 287 Points, Weighed Down By American Express; Tesla Violates Key Level

The Dow Jones fell sharply with the other major stock indexes ahead of a busy week of high-profile earnings reports in the tech sector.

Investors Business Daily

3 Beaten-Down Dow Stocks to Buy in October

Dow Jones industrials, such as Nike, have pulled back significantly amid recent market turmoil, and now trade at a steep discount to consensus price target estimates.

Barchart

Teva Leans Into Sanofi's 'Pipeline-In-A-Product' Expertise In $1.5 Billion Deal

Teva stock tumbled Wednesday after the company announced it would partner with Sanofi to develop an inflammatory bowel disease treatment.

Investors Business Daily

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All in: Drugmakers say yes, they'll negotiate with Medicare on price, so reluctantly

Despite at least nine lawsuits against the government, all companies whose drugs are up for Medicare price negotiation will come to the bargaining table.

WEKU

Former Merck boss Ken Frazier wants CEOs to speak out

In a politicized world, the former Merck boss says CEOs should stand up and speak out. “Pick your spots.”

Fortune

How To Buy MRK For A 5% Discount, Or Achieve An 13% Annual Return

Yesterday, with Merck trading at $103.94, the November put option with a strike price of $100 was trading around $1.78. Traders selling this put would receive $178 in option premium.

Barchart

Amy Klobuchar on Biden's biggest win

Minnesota senator and anti-monopoly crusader explains how fixing Medicare's drug problem will help everybody

Salon

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Seagen Pops After Scoring A 'Must-Win' For Its $43 Billion Takeover By Pfizer

A bladder cancer treatment combo tied to a quartet of companies — including Seagen — succeeded in a study on Friday, leading SGEN stock to surge.

Investors Business Daily

Managers say they support skills-based hiring. But many jobs still require 4-year degrees

Just over half of hiring managers say removing four-year degree requirements would positively impact their company's hiring practices, according to a OneTen report.

Fortune

Dow Jones Falls On Weak China Data; Oil Prices Jump On Extended Production Cuts

The Dow Jones dropped Tuesday amid weak economic data out of China. Tesla stock is in focus after strong monthly China sales.

Investors Business Daily

Dow Jones Rallies 250 Points On Unemployment Rate Jump; Tesla Stock Skids After New Model 3 Release

The Dow Jones rallied 250 points Friday on a jump in the unemployment rate. Tesla stock fell after the company released an updated Model 3 sedan.

Investors Business Daily

Dow Jones Rallies 175 Points After Key Inflation Data; Palantir Dives On Downgrade

The Dow Jones Industrial Average rose 175 points Thursday after key inflation data. Palantir Technologies dived on an analyst downgrade.

Investors Business Daily

Dow Jones Erases Gains After Weak Jobs, GDP Data; Tesla Stock Slides On Sell Rating

The Dow Jones erased early gains Wednesday on weak jobs and GDP data. Tesla stock slid after Guggenheim kept its sell rating on the EV giant.

Investors Business Daily

Biden names 10 drugs for first negotiations to cut Medicare prices

Government claims prices could fall for 9m seniors but pharma companies claim cost-reduction program is unconstitutional

The Guardian - US

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Fortune

Biden targets diabetes drug Jardiance, blood thinner Eliquis, and 8 others for controversial Medicare price talks. But any relief is still years away

The move is expected to cut costs in a few years for some patients but faces litigation from the drugmakers and heavy criticism from Republican lawmakers.

Chicago Sun-Times

Biden targets Jardiance, Eliquis and 8 other prescription drugs for Medicare price talks

President Joe Biden says for many Americans the cost of one drug can be “the difference between life and death” as his administration announces the first drugs that’ll be targeted for price negotiations in an effort to cut Medicare costs.

Investors Business Daily

The Unexpected Bad News For Novo's Ozempic In Biden's Drug Negotiations List

Drugs from AbbVie, Bristol and Merck took slots on the list of drugs subject to price cuts. But the pharmaceutical stocks were unmoved.

Roll Call

HHS lists first 10 drugs subject to Medicare price negotiation - Roll Call

The program is a major priority for Joe Biden, who ran for president in part on the promise to allow Medicare to negotiate drug prices.

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Investors Business Daily

Dow Jones Rises After Key Economic Data; Nio Dives, Pinduoduo Soars On Earnings

The Dow Jones Industrial Average rallied after key economic data Tuesday. Tesla stock rival Nio dived on earnings, while Pinduoduo soared.

Investors Business Daily

Dow Jones Futures Fall: Rally Attempt Continues As Nvidia Rebounds; Big Inflation, Jobs Data Due

Dow Jones futures: The stock market rally attempt continues, as Nvidia stock rebounds. Key jobs and inflation data is due this week.

Investors Business Daily

Dow Jones Rallies 300 Points With Jobs, Inflation Data On Deck; Tesla Rival Xpeng Surges On Didi Deal

The Dow Jones rallied 300 points Monday, as investors awaited this week's key jobs and inflation data. Tesla stock rival Xpeng surged.

Investors Business Daily

Dow Jones Reverses Lower As Powell Warns Of Higher Rates; Trump Returns To Twitter

The Dow Jones reversed lower Friday as Powell warned of higher rates. President Trump returned to X, formerly known as Twitter.

Investors Business Daily

Dow Jones Falls After Surprise Jobless Claims; Nvidia Surges On Earnings

The Dow Jones dropped Thursday after a surprise drop in initial jobless claims. Nvidia surged on strong quarterly earnings results.

Investors Business Daily

Dow Jones Gains As Apple Stock Reboots; Michael Burry Unveils His New Big Short

The Dow Jones was firm as Apple stock rose. Big Short investor Michael Burry placed some new bets. Tesla stock fell on new price cuts.

Investors Business Daily

Top Biotech Roivant, Formed By Vivek Ramaswamy, Reports Steep Losses, Light Sales

Biotech stock Roivant — founded by presidential candidate Vivek Ramaswamy — reported steep losses and lighter sales.

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