Question: Why would you pay 81 times earnings for AbbVie stock when you can buy LLY for a similar valuation of 76 times earnings? You wouldn’t, especially when you consider three simple facts: Growth: Eli Lilly’s growth rate is accelerating at over 30%, dwarfing AbbVie’s under 5%. Over the last…
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A San Francisco-based federal judge dismissed California’s lawsuit challenging President Donald Trump’s tariffs Monday, citing a jurisdiction issue. Judge Jacqueline Scott Corley – a nominee of former President Joe Biden – issued a partial setback to California Gov. Gavin Newsom and Attorney General Rob Bonta, who sued Trump and several federal agencies in April. The Trump administration had asked the judge to transfer the case from the U.S. District Court for the Northern District of California…
The eight OPEC+ countries with voluntary production cuts decided at the weekend to increase Oil…
This as-told-to essay is based on a conversation with Eric Morrow, a prostate cancer survivor,…
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Saab’s CEO Micael Johansson said that while Europe’s leaders have announced huge defense spending hikes, the continent’s current processes are slowing it down too much.”Now, we want to spend like 3.5% to 5% of GDP on defense. But then, when you start getting into the normal processes in terms of,…
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U.S. Commerce Secretary Howard Lutnick, speaking at the 2025 U.S.-India Strategic Partnership Forum (USISPF), outlined the future of U.S.-India trade ties, urging deeper economic cooperation in line with President Trump’s tariff-driven push. “Earlier countries get a better deal. That’s the way it is,” Lutnick remarked during his keynote address at…
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When it comes to building new products, a bigger team isn’t always better. It might be what kills the idea altogether, said Windsurf’s CEO, Varun Mohan.Mohan said on an episode of the “Twenty Minute VC” podcast published Monday that having as many as 10 people working on an unproven idea…
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Luis Alvarez/Getty Images Balanced funds are popular with investors who are looking for a combination of growth and income from their portfolio. These ETFs and mutual funds hold a combination of stocks and bonds and tend to be less volatile than funds that only hold stocks. Balanced funds might have…
