🚀 Hims & Hers pulls weight loss pill

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Market Overview
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Year To Date Performances:

1. In a dramatic reversal that has sent shockwaves through the telehealth sector, Hims & Hers officially pulled its "copycat" weight-loss pill from the market on Saturday. The decision followed a brutal 48-hour standoff with Novo Nordisk and the U.S. Food and Drug Administration (FDA), both of which threatened immediate legal action and potential criminal referrals to the Department of Justice (DOJ). While Hims & Hers initially framed the $49 monthly treatment as a revolutionary blow to the "health gap," the federal government’s swift intervention suggests that the regulatory "grace period" for compounded weight-loss drugs has come to a definitive end.

2. The automotive industry has reached a historic low point in its relationship with the Super Bowl, with only three carmakers appearing on the national stage for Sunday’s game. This marks a staggering decline from 2012, when cars accounted for 40% of all ad minutes, down to a mere 7% last year and even less yesterday. Amidst a climate of trade tariffs, cooling EV demand, and an $8 million price tag for a 30-second spot, most Detroit and global executives have decided that the "Big Game" simply isn't the best return on investment for 2026. While the Seahawks and Patriots battle on the field, brands like Stellantis, Nissan, and Honda are looking toward "Legendary February" through social media campaigns and the Winter Olympics instead.

3. The Trump administration has fundamentally redefined the relationship between Washington and Wall Street by acquiring ownership stakes in at least ten major U.S. companies. Unlike the temporary bailouts seen during the 2008 financial crisis, these investments appear to be long-term strategic positions aimed at securing "energy dominance" and reshoring critical supply chains from China and Taiwan. Commerce Secretary Howard Lutnick has championed this pivot, arguing that the American taxpayer should receive equity in exchange for billions in federal support rather than providing "free money" through traditional grants. This shift has turned the federal government into one of the largest shareholders in the semiconductor and critical minerals sectors, creating a "two-tier" market where government-backed firms hold a significant competitive advantage over private-sector rivals.

   Headlines

   1. UK PM Keir Starmer’s Chief of Staff has resigned, taking responsibility for the appointment of Peter Mandelson as ambassador to the US despite his links to Jeffrey Epstein.

   2. Data shows more students are choosing a two-year program over a four-year degree in the United States.