Ivermectin among generic drugs that failed to help COVID-19 patients avoid hospitalization, large study shows

Ivermectin among generic drugs that failed to help COVID-19 patients avoid hospitalization, large study shows

A new study found three generic drugs — fluvoxamine, which is often prescribed to treat depression, the controversial antimalarial ivermectin, and the diabetes pill metformin — failed to prevent the kind of severe COVID-19 that leads to an emergency-room visit or hospitalization. The research, published Wednesday in The New England Journal of Medicine, examined whether … Read more

FAANGs ain’t what they used to be, so beware the bear-market bounce says this hedge fund manager

FAANGs ain't what they used to be, so beware the bear-market bounce says this hedge fund manager

It’s been some rally. The S&P 500 SPX is starting the week at a seven-week high, bolstered by hopes for a less hawkish Fed and a sense that earnings pessimism was overdone. The benchmark stock index is up 12.6% from the recent low hit md-June, having delivered its best July performance since 1939, according to … Read more

Opinion: Is Mark Zuckerberg taking the first step toward turning Facebook into Yahoo 2.0?

Opinion: Is Mark Zuckerberg taking the first step toward turning Facebook into Yahoo 2.0?

Yahoo was once the most popular website on the planet, the only place that everyone on the internet seemed to touch at least once an online session. After an ignominious slide, however, Yahoo is just another site that has some fans in certain parts of Asia and offers some niche products. Has Mark Zuckerberg launched … Read more

Sorry, Kardashian clan: Instagram shifting more to videos to keep up with users

Sorry, Kardashian clan: Instagram shifting more to videos to keep up with users

““I need to be honest: I do believe that more and more of Instagram is going to become video over time.”” That was Adam Mosseri, the head of Instagram, responding to complaints from users including Kim Kardashian and Kylie Jenner that the Meta-owned META, +5.03% social network built on photo-sharing is trying to copy TikTok … Read more