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  • Jan 21, 2025

Why Walgreens (WBA) Stock Is Trading Lower Today

Shares of pharmacy chain Walgreens Boots Alliance (NASDAQ:WBA) fell 12.3% in the morning session after the US Department of Justice accused the company (Walgreens) of filling millions of unlawful opioid prescriptions. According to the complaint, Walgreens overlooked major red flags and pressured pharmacists to dispense these medications, then sought reimbursement from federal programs in violation of the False Claims Act. Although Walgreens denies any wrongdoing, the stock's reaction suggests in

  • Jan 21, 2025

Why Is Urban Outfitters (URBN) Stock Soaring Today

Shares of clothing and accessories retailer Urban Outfitters (NASDAQ:URBN) jumped 8.6% in the morning session after Morgan Stanley upgraded the stock's rating from Hold to Buy and raised the price target from $41 to $63. The firm added, "We left the fiscal 4Q25 pre-announcement & subsequent mgmt. meeting incrementally positive."

  • Jan 21, 2025

Wall Street Looks Beyond Trump Memecoin to Focus on Crypto Plans

(Bloomberg) -- There’s Donald Trump the crypto champion, promising to unshackle an industry hit by a years-long regulatory crackdown. Then there’s Trump the memecoin, which created billions of dollars of instant paper wealth but earned sharp rebukes even from the industry that stands to gain perhaps the most from his presidency.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpWhat LA’s Fir

  • Jan 21, 2025

Truckload market tries to squash seasonal depression

Tender rejection rates are remaining elevated during a period where the market would traditionally be loosening The post Truckload market tries to squash seasonal depression appeared first on FreightWaves.

  • Jan 21, 2025

Crypto lobbying risks regulatory capture, South African cenbank boss tells Davos event

Surrounded by crypto executives buoyed by Donald Trump's presidency, South Africa's central bank chief on Tuesday criticized industry lobbying of U.S. policymakers, telling a Davos panel event that bitcoin made no more sense as a reserve asset than beef or apples. Other panellists welcomed Trump's presidency as promising big opportunities for the sector, with Coinbase CEO Brian Armstrong saying Trump's new term will draw a lot of investment into crypto. Bitcoin hit all-time highs above $100,000 following Trump's election, he said.

  • Jan 21, 2025

MicroStrategy Share Increase Approved to Fund Bitcoin Purchases

(Bloomberg) -- MicroStrategy Inc. shareholders voted for a 30 times increase to the number of authorized Class A common shares to help finance the company’s Bitcoin buying.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpWhat LA’s Fires Mean for the City’s Housing ShortageDeadly Landslide of Garbage Displays Uganda's Missed OpportunityNY’s Hochul Calls for Law Banning Cell Phone Use in Sch

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