Major Market Moves: Pfizer’s Antitrust Battle, Eaton’s AI Acquisition, and Fed Rate Debate
Key TakeawaysPfizer (PFE) has launched a second federal antitrust lawsuit against Metsera and Novo Nordisk (NVO), alleging anticompetitive practices in the burgeoning 9.5 billion, a strategic move to capitalize on the surging demand from AI data centers.Fed Governor Miran reiterated his view that the Federal Reserve's monetary policy is too restrictive, advocating for more aggressive 50 basis point int ...