
Nisha Gopalan
Senior Overnight Assignment Editor at Investopedia
Senior Overnight Assignment Editor, Investopedia ex @Bloomberg Markets editor, Bloomberg Opinion columnist, ex Hong Kong @wsj alum
Articles
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2 days ago |
investopedia.com | Nisha Gopalan
Key Takeaways Global pharmaceutical shares jumped in intraday trading Monday, reversing their pre-market declines, as investors anticipated the legal challenges that may result from attempts to carry out President Donald Trump's executive order on drug prices. Trump signed an executive order Monday directing government health insurance agencies to buy medicines at the lower prices that drugmakers charge outside the U.S., potentially cutting drug costs, he said, by 59% to 90%.
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3 days ago |
investopedia.com | Nisha Gopalan
KEY TAKEAWAYS Global pharmaceutical shares are slumping Monday after President Donald Trump said he is looking to slash the price of prescription drugs in the U.S. by as much as 80%. The president's announcement put shares of drug companies under pressure, even as a temporary deal struck between the U.S. and China reducing tariffs lifted global stocks.
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3 days ago |
investopedia.com | Nisha Gopalan
KEY TAKEAWAYSThe U.S. and China agreed Monday to dramatically roll back tariffs on each other's imports for an initial 90-day period, the two countries said in a joint statement, in a surprise de-escalation of trade tensions. U.S. Treasury Secretary Scott Bessent said that the two sides "have reached an agreement on a 90-day pause and substantially move down the tariff levels," according to CNBC.
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5 days ago |
finance.yahoo.com | Nisha Gopalan
Gabby Jones / Bloomberg via Getty Images Affirm's fiscal fourth-quarter revenue projection came in below analysts' expectations. Shares of Affirm Holdings are tumbling 13% Friday, a day after the provider of buy now, pay later (BNPL) loans issued a disappointing current-quarter revenue outlook. Affirm sees fiscal fourth-quarter revenue between $815 million and $845 million, with the midpoint below the Visible Alpha consensus estimate of $843.9 million.
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6 days ago |
investopedia.com | Nisha Gopalan
KEY TAKEAWAYS Pinterest ( PINS) shares are jumping 13% in premarket trading Friday, a day after the social media service reported first-quarter revenue and global monthly active user figures that topped estimates. The company posted earnings per share (EPS) of $0.01 on revenue that increased 17% year-over-year on a constant currency basis to $855.0 million. Analysts polled by Visible Alpha projected a loss of a penny per share on revenue of $846.9 million. Adjusted EPS of $0.23 missed estimates.
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'Liberation Day' Tariffs Go Into Effect https://t.co/Ip0EIxhgjF via @investopedia

Tariff Tracker: Where Do President Trump's Trade Proposals Stand? https://t.co/qabwX5Cb8h via @investopedia

M&A Has Been Stuck for Years. Trump's Return Could Change That. https://t.co/O2nwrQMcxT via @investopedia