Hims & Hers shares plunged Monday after Novo Nordisk filed a lawsuit and federal regulators called for an investigation into Hims' compounding strategy for GLP-1 drugs.
Why it matters: Novo's legal offensive escalates an ongoing feud as it moves to defend its crown-jewel drug franchise amid price pressure and rising U.S. competition — and puts at risk a Hims business line that's been central to the telehealth company's growth.
While Bad Bunny was the center of attention for millions of people tuning into the Super Bowl halftime show on Sunday, the walking bunches of grass arguably stole the show.
Why it matters: Hundreds of humans in grass suits brought Benito's set to life in a matter of minutes, uniting with the music icon to create a Puerto Rican village complete with sugarcane fields, farmers, food carts and a buzzing casita (featuring Pedro Pascal and other stars dancing).
For the first time, X tracked conversation about this year's Super Bowl ads in real time as it seeks to re-cement itself as the dominant digital town square.
Why it matters: X's advertising business took a hit following Elon Musk's takeover, and this is a buzzy way for the platform to appeal to advertisers by showing that it still generates conversation.
India has "committed" to stop importing Russian oil, President Trump says, putting in black and white a claim that White House officials have recently made.
Why it matters: The news — which Trump wrote in a tariff-lowering executive order on Friday — is big, if it's true.
The so-called SaaS-pocalypse has come for all kinds of software companies, as AI upends the "software as a service " industry, or SaaS.
Why it matters: There are signs of rising financial stress for software makers, public and private, but as we head into the week, there are some reasons to believe a di-SaaS-ter could be averted.
Owning a home is 40% more expensive in Philadelphia than renting — a national trend playing out across all 100 of the largest U.S. metro areas, per a LendingTree analysis.
Why it matters: Housing costs have soared nationwide, with stubbornly high home prices and mortgage rates weighing on would-be buyers.
Homeowners with a mortgage now pay around 37% more per month than renters, researchers found.
AI promises to make work more productive for lawyers, but there's a problem: Their clients are using it, too.
Why it matters: The rise of AI is creating new headaches for attorneys: They're worried about the fate of the billable hour, a reliable profit center for aeons, and are perturbed by clients getting bad legal advice from chatbots.
Trillions of dollars in value have been vaporized from global crypto markets since October, plunging an ascendant industry championed by President Trump into a new bout of turmoil.
Why it matters: Crypto joins a growing list of MAGA coalition partners — from Epstein-focused populists to farmers to Latino men — now questioning whether Trump's return to power has delivered what they were promised.
Starbucks is rolling out what appears to be one of its most wide-ranging menu updates in years — including its biggest bakery refresh ever, a core coffee addition and permanent drink launches.
Why it matters: Monday's launch comes as the Seattle-based coffee giant pivots from simplification to growth nearly a year and a half into its turnaround plan under CEO Brian Niccol.
