Stocks Gain On Earnings; Fake Tweet Shakes Stocks

Thursday's teaser trailer for the Switch 2 made it abundantly clear that the upcoming console will be quite a bit larger than the original Switch that came before it. But Nintendo is still being coy about the specific dimensions of the Switch 2's expanded tablet and Joy-Cons. Fortunately, the trailer itself features a number of head-on shots of the Switch 2 hardware next to a known quantity—the original Switch Joy-Cons.

Blockbuster weight-loss and diabetes drugs Wegovy and Ozempic top the list of 15 drugs selected for the second round of federal price negotiations, which are scheduled to begin this year, with resulting bargained prices going into effect in 2027. The first round of negotiations, involving 10 high-cost drugs, wrapped up in August, with resulting prices being 38 percent to 79 percent lower than list prices.

Apple released new beta versions of iOS 18.3 to developers and the public yesterday, and one of the changes coming with the new software update will (at least temporarily) disable Apple Intelligence notification summaries for all apps in the App Store's News and Entertainment category, at least temporarily. Apple said earlier this month that it would be instituting updates to how these notifications are handled after complaints from news organizations, and the company has apparently decided to turn them off entirely while it decides what those updates will look like.

Lithium may be the key component in most modern batteries, but it doesn't make up the bulk of the material used in them. Instead, much of the material is in the electrodes, where the lithium gets stored when the battery isn't charging or discharging. So one way to make lighter and more compact lithium-ion batteries is to find electrode materials that can store more lithium.

TikTok has lost its Supreme Court appeal in a 9–0 decision and will likely shut down on January 19, a day before Donald Trump's inauguration, unless the app can be sold before the deadline, which TikTok has said is impossible. During the trial last Friday, TikTok lawyer Noel Francisco warned SCOTUS that upholding the Biden administration's divest-or-sell law would likely cause TikTok to “go dark—essentially the platform shuts down" and "essentially

Brussels has ordered Elon Musk to fully disclose recent changes made to recommendations on X, stepping up an investigation into the role of the social media platform in European politics. The expanded probe by the European Commission, announced on Friday, requires X to hand over internal documents regarding its recommendation algorithm.