From Nasdaq: 2025-06-26 20:33:00

Novo Nordisk is ending its partnership with Hims & Hers, causing Hims & Hers shares to fall nearly 35%. The decision was made due to Hims & Hers pushing its own compounded weight loss drug over Novo Nordisk’s FDA-approved Wegovy. Legal risks may follow if Hims & Hers continues to sell the knock-off version.

In other news, markets are up as investors remain cautiously optimistic about the Middle East situation. Starbucks clarifies it’s not seeking a full sale of Chinese operations, but may explore partnerships. The Fed votes to hold rates steady, with a shift in sentiment towards potential rate cuts. Novo Nordisk’s decision to part ways with Hims & Hers impacts the market.

Looking ahead, the Motley Fool Stock Advisor team has revealed the top 10 stocks to buy now, excluding Hims & Hers Health. Consider the historical success of past recommendations, like Netflix and Nvidia, which produced significant returns for investors. Don’t miss out on the newest top 10 list by joining the Stock Advisor program for investment opportunities. Hims & Hers stock valuation is high at around 60 times earnings, even after a recent sell-off. Legal risks make investing in the company a risky bet, despite potential future growth. Waymo and Uber debut robotaxis in Atlanta, offering rides in a limited area. Waymo’s rollout is going smoothly, with over 1,000 vehicles nationwide. Waymo has the first mover advantage in the robotaxi space, with a strong safety record. Tesla’s robotaxi technology is cheaper than Waymo’s, but Waymo’s infrastructure and safety record give them an edge. Lyft is also showing resiliency in the ride-hailing market, proving it’s not a win or take-all industry. Tesla’s supercharger infrastructure and ability to build their own cars give them competitive advantages in the market. Cooper, which is the largest title insurer in the country. This could be an interesting growth avenue for Rocket going forward. They’re not just a mortgage company anymore. They’re trying to be the one-stop-shop for all things housing. I like the direction they’re going in, and I think this could be a very interesting company to watch going forward. Cooper, a top mortgage servicer, is excelling in the real estate market, positioning itself as an all-in-one platform. Meanwhile, Rocket is gaining attention as a promising company. Matt Frankel discusses these developments on Motley Fool Money, cautioning against making investment decisions solely based on discussions. Advertisements are for informational purposes only.



Read more at Nasdaq: This Weight Loss Partnership Was a Short One